atfx review

The MT4 trading platform offers traders advanced charting, technical analysis, trading signals, market news, alerts, and VPS. Additionally, traders can use EAs to automate their trades, which can assist in identifying market movements and improving market entry and stop-loss strategies. There are various payment methods for broker’s clients to deposit funds into their trading accounts, including Bank Wire, Credit/Debit cards, Skrill, and Neteller. However, it is important to note that some payment methods may have specific requirements or restrictions depending on the client’s bank or other financial institutions. The average EUR/USD spread for Forex on the Classic account is 1.8 pips.

We recognize our obligations in updating and expanding this program to meet the requirements of GDPR. FxScouts is dedicated to safeguarding the personal information under our control and in maintaining a system that meets our obligations under the new regulations. ATFX’s trading assets consist of a handful of cryptocurrencies and metals, and a small number of Forex pairs. Always verify that your broker is licensed by your local financial regulator (i.e. FCA United Kingdom).

  1. As part of its transparency, ATFX has a range of legal documents available on its website.
  2. The Financial Services Compensation Scheme is available to clients in organizations regulated by the FCA.
  3. As with most brokers, ATFX does not make money by charging a commission on trades.
  4. ATFX supports trading via the MetaTrader4 (MT4) platform and has a number of ‘how-to’ videos and interactive webinars through which beginners can learn how to use the platform.
  5. MT4 and MT5 have built-in strategy testers so that traders can hone the parameters of their systems.

Islamic Accounts

What was your trading experience like with the brokers at ATFX? Please share your personal experience in the comments section below. You can read all our reviews of more than 500 online brokers, or you can just try a couple of the popular brokers. There are also many free automated trading robots, but many of them are https://traderoom.info/atfx-a-reliable-broker/ scams and work with unregulated brokers, read more.

atfx review

ATFX provides Islamic accounts for swap-free trading, as mandated under Shariah law. ATFX’s instruments offering is wide and diverse, allowing traders to exploit various trading opportunities. ATFX has been around for over 7 years and is regulated by nine authorities worldwide.

You will not find e-books or the vast range of resources that many other brokers offer. There are, however, more webinars available from ATFX than many competitors offer. The webinars are free to ATFX clients but do require registration. In addition to the daily market reports, ATFX also offers Fundamental Commentary.

  1. Like most brokers, withdrawals can only be made by the same method as the original deposit.
  2. Customer service and cash withdrawals and deposits are also similar to what other brokers provide.
  3. Trading Central provides analysis covering Forex, commodities, indices, and precious metals based on expert data.Also, ATFX gives all its customers free AutoChartist access.
  4. The website does not provide investment services or personal recommendations to clients to trade any financial instrument.

Moreover, novice traders can take advantage of the Demo account for free, enabling them to practice trading through simulated trades. The broker prioritizes compliance with regulatory requirements and is subject to close monitoring, which ultimately increases traders’ safety and confidence in the company. The broker has won several awards for providing good service and prioritizing customer satisfaction. The screenshot below displays some of the awards that ATFX has received. If you are based in the UK, the spread betting option might be attractive to you as this method of trading is capital gains tax-free. This includes The Duke of Edinburgh Cup, the China Event 2018.

What account types do ATFX offer?

ATFX also provides unlimited access to Trading Central (subject to account type), which means clients can use this trading tool to make the best of their open positions. The most notable features of ATFX worth are that they offer decent liquidity, competitive spreads, and offer award-winning customer service. This is quite good and the entire process of deposit and withdrawal is completely protected and is encrypted end to end using the best of encryption processes. This is one of the most important points that traders consider when opening a trading account. According to most ATFX review articles, there is unanimity as far as the account opening process is concerned. It has an extremely user-friendly and completely digitized account opening process.

It is a trustworthy brokerage firm regulated by two reputable authorities, the Financial Conduct Authority (FCA) and the Cyprus Securities and Exchange Commission (CySEC). These authorities enforce strict rules and guidelines to ensure that ATFX operates according to high standards. However, the payments we receive can influence the products, companies, or services we highlight and evaluate. This means not every available option may be featured on this page. We are dedicated to maintaining high editorial integrity and transparency during reviews or other posts.

atfx review

Where is ATFX based?

Brokers operate multiple entities globally, but regulatory protections vary. Some regulators enforce stricter financial standards than others, so traders should understand the safety measures of the entity they choose to open an account with. I opened a Standard account with AT Global Markets LLC and performed my tests on the desktop and mobile versions of the MetaTrader 5 platform. Some features and services may vary depending on where you reside. ATFX is a co-brand shared by several entities, including AT Global Markets (UK) Ltd, ATFX Global Markets (CY) Ltd, AT Global Markets Intl Ltd, AT Global Markets LLC, etc. Each entity is authorized and regulated by respective financial authorities, ensuring a secure and productive trading environment.

In the unlikely event of ATFX insolvency, segregated client funds cannot be used for reimbursement to ATFX creditors. Additionally, ATFX segregates client funds in trust accounts. Holding client funds in segregated accounts ensures the funds are always separate from those of ATFX.

They are always run by professionals to provide a high level of accurate information. To help traders make educated decisions, ATFX has a daily market report. This includes the latest overviews for sentiments and technical elements.