A fantastic agent can use your initial investments and help to protect it from losses but also give you a platform that can help to provide you profits. If you want to earn profits, you should trade with a brokerage service that contrasts with your investment objectives. Our team has devoted their efforts to simplify the intricate world of trading with ATFX into easily understandable information in this ATFX review.
- ATFX offers tight spreads, rapid execution, and zero commission options, depending on the account type.
- Additionally, they can keep track of the latest market developments and trading opportunities with ATFX’s top-of-the-line research content.
- The books of the operator are subjected to regular audits by the competent financial authorities and the brokerage observes strict KYC and AML policies.
- Over the past 11 years, ATFX has developed into one of the leading online brokers available to the public.
- Joey Shadeck is the Content Strategist and Research Analyst for BrokerNotes.co and ForexBrokers.com.
- You will also see the previous markets as well as reports of recent months that have passed.
ATFX Main Features
The highlight of the platform is its fast order execution on transactions. Other deposit methods you can embrace are Neteller, Skrill, Rapid Transfer, and iDeal. Besides online banking, wire transfer is an opportunity also, even though it takes about 4-7 days. You can use debit or credit cards Which range from Visa, Diners, and Maestro to MasterCard and Visa Electron.
Is the ATFX trading account suitable for all levels of traders?
In terms of research, ATFX can be considered a ‘no-frills’ broker. Whilst this allows them to focus on other areas of their client offering it would be an improvement if more proprietary research was available. Please be advised that certain products and/or multiplier levels may not be available for traders from EEA countries due to legal restrictions.
MetaTrader 5 is a good option for fast and simple order execution. However, its dated and rugged design falls short compared to newer, sleeker platforms. As https://traderoom.info/atfx-a-reliable-broker/ a trader who prioritizes flexible charts that are easily scalable, I find MT5’s charting capability too rigid and less effective. I consider the charts screen a platform’s most important feature. It facilitates technical analysis by providing an overview of price action behavior. Chart artists use many analytical tools and chart configuration possibilities to examine it from multiple angles.
Customer Reviews
It can lead to a great deal of time savings in research or supplement a client’s other research strategies. The research displayed in Trading Central utilizes chartist analysis to determine targets and price direction. It also includes mathematical models to determine timing relevance and confirm directions. Trading Central additionally uses Japanese candlesticks and related signals to verify acceleration or reversal markets. There are more than 50 indicators as well as over 30 tools to analyze charts. Furthermore, you can set parameters and display methods for every chart type and indicator.
This is beneficial for people who often trade, for example daily or weekly trading. Many less reputable brokers try to pressurise consumers into bigger funding for superior services. Dealers can expect trading conditions to be fair, honest and transparent. The more lots traded by the user, the greater advantages will come along. If you would like to exchange with ATFX, you’ll require a minimum deposit of $100. This deposit is mandatory if you would like to begin trading with ATFX.
- Your capital will be retained highly secure in top-tier banks.
- Switzerland and the Middle East also have access to ATFX via CySEC regulation.
- It was named the Top Forex Broker 2017 by Third Session of Chinese Foreign Exchange Brokers Annual Conference HT Financial.
- We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors.
- Asides from the daily market reports, ATFX also provides fundamental analysis comments, which are normally recorded by a market analysis research team.
- ATFX offers clients a range of trading account types to choose from, including a demo account for beginners to practice trading in a risk-free environment.
These regulatory bodies ensure that ATFX adheres to strict financial standards and provides a secure trading environment. Client funds are kept in segregated accounts, offering an added layer of protection. In this ATFX Review article, we have seen that the broker is suitable for beginners and experienced traders alike. It is also one of the most reliable brokers in the market and is regulated by multiple regulatory authorities across different regions.
Additionally, the Duke of Edinburgh Cup is a known charity that has Royal Patronage. This lines up with the philosophy of ATFX, which further encouraged the broker to sponsor the event. This particular event is long-standing, with 18 years of events. Over 20 countries from five continents have participated and there have been over 134 tournaments. In the rare case of an unresolved complaint, clients can sometimes refer to the FOS. This independent body has the purpose of investigating complaints made against regulated firms.
The Web Trader is a much simpler platform, which is obviously less powerful than the downloadable MT4 in the way of charting options and trading tools. It too can be used for opening positions though, and its execution is indeed rather impressive. It has to be noted that traders are required to keep at least $5,000 in their Edge accounts, to maintain their status. ATFX reserves the right to change Edge accounts to Standard in the event this minimum equity is not maintained. The exact trading conditions for every one of the supported indices, metals and currency pairs are made available in great detail in the trading conditions section of the ATFX website. Oil trading – like the trading involving most of the other available assets – is CFD-based, which means that traders never gain actual possession of the traded asset.
The asset list includes 43 currency pairs, among them majors (like the most popular EUR/USD), minors like AUD/CAD, and exotics, such as the EUR/HUF. The support team at ATFX is well-versed in trading, and they have offered valuable insights for my trades. ATFX’s commitment to regulatory compliance ensures a safe and secure trading environment. The platform is reliable, and I’ve never experienced any downtime or issues.
There are also no commissions and spreads are competitive, starting at just 0.6 pips. Spread betting lets you speculate on the rising or falling markets. It includes tools to limit risk, such as stop-loss limit orders and balance protection. Spread betting is popular for traders who want to diversify their portfolios. It is also popular for those who want to trade with leverage and a small investment. From our experience, the test results and conditions for traders are speaking for themselves.
MT4 for iOS or Android also includes advanced charting, such as customization and rapid analysis. You get the flexibility to adapt to your trading strategy and full support for assets, allowing for diversification. MetaTrader 4 also has a WebTrader which is optimized to maximize web-based performance.