ATFX Review 2024: Pros, Cons, & Fees

Our goal is to equip you with the knowledge necessary to confidently use ATFX trading tools, ranging from depositing and withdrawing funds to executing trades. In this fast-paced world of financial markets and trading, you’ll need advice to make educated decisions. A professional, direct investment partner could help you in minimising any potential losses and maximising any returns. It is important that you understand about any broker until you trust them with your cash. This ATFX review page contains information about investing with ATFX.

New Traders

You can trade indices with ATFX, with 15 types of shares indices from Asia, the U.S., and Europe. The spot indices on ATFX have low margin requirements and low spreads. There is access to 1-to-1 customer support 24/5 plus tight spreads and no commissions. https://traderoom.info/ ATFX also has a mobile application for trading on the go and convenience. Clients can also enjoy full account management via the sleek client portal. Trading with ATFX gives clients access to an FCA-regulated broker for trading CFDs and forex.

  1. In the event you are withdrawing money in various currencies from USD, a conversion fee is also applicable.
  2. If you want to further protect your accounts, you can enable Two-Step Verification also.
  3. The customer service center at ATFX can be reached in a number of ways to resolve any queries or requests you might have pertaining to your trading account.
  4. There is also the option to access the educational material provided by MetaTrader.

ATFX Trading Conditions

It ensures that withdrawals are only possible when the identity of the client matches the information on the account. For further finance transparency, ATFX has partnerships atfx broker review with EY, a professional audit organization. This means that every ATFX client referral case leads to gains. Commission payments are instant without hidden charges or fees.

IC Markets vs. Spreadex

There are several types of accounts available, including for Professional Clients. This includes market news and analysis for popular products such as oil, precious metals, indices, gold, crypto, and FX majors. Updates focus on specific products and include predictions, influences, and more. The Trading Central access provides professional data analysis and technical strategies for a range of assets. These include indices, precious metals, currencies, and commodities.

The mobile app enables traders to stay connected to the markets at all times, ensuring flexibility and convenience. ATFX is committed to empowering traders with knowledge and insights. The platform offers a variety of educational resources, including webinars, video tutorials, market analysis, and trading guides. These resources enable traders to stay updated on market trends, analyze price movements, and develop effective trading strategies. As far as the Spot Forex offer is concerned, ATFX boasts great order execution, attractive leverage, and a superb client portal for account management – among other things.

A lightweight platform, MT4 has enhanced trading speed, while remaining robust and stable on all systems and even over slower internet connections. The MT4 trading platform is the most widely used Forex trading platform and can also be used to trade other instruments like commodities, cryptocurrency, stock index, and stock CFDs. Though it is now showing its age, MT4 is still popular for its auto trading features that enable algorithmic trading and strategy backtesting with expert advisors (trading robots). As an FCA regulated company, ATFX segregates client money, separate from its own funds.

In accordance with the organization’s privacy regulations, customer data is to not be shared with some other institutions or individuals. You are able to make use of an option for 2 Factor Authentications (2FA) with ATFX for increased security. An SMS for the verification code will be sent to your mobile phone. You will be required to enter this code to log into your accounts.

ATFX was also honored with Best Forex Customer Services 2017 at the Entrepreneur JFEX Awards and 13th Jordan Forex Expo. It was named the Top Forex Broker 2017 by Third Session of Chinese Foreign Exchange Brokers Annual Conference HT Financial. ATFX was also the Best Branded Broker 2017 from Shenzhen Huiyu Financial. It was also the Best Forex Broker 2017 at Tapei International FinanceWord Forum FinanceWord. This is a daily market report and you can download it right from the ATFX website. Past market reports are also available on the same page, including those from the last few months.

The spread on EUR/USD starts from 0.6 pips and for the forex majors, the minimum spread does not go over 0.8 pips. As for the forex minors, the minimum spread starts from 0.9 on pairs such as CAD/JPY and AUD/NZD and goes up to 2.8 for the GBP/NZD pair. For the exotics, the minimum spread starts from 10 pips for the EUR/HUF pair and goes up to 128 for USD/RUB.

As such we may earn a commision when you make a purchase after following a link from our website. There are no fees attached to deposits in pounds sterling, U.S. dollars and euros. The straightforward yet sophisticated MT4 platform has a desktop, mobile and web-based application. The company also lets you trade CFDs using a third party or your automated trading software via MT4.

Finally, ATFX supports trading of 50 major shares CFDs from the United States and Germany. ATFX is regulated by several regulators including The Financial Conduct Authority (FCA) which is the most trusted regulatory agency in Europe together with CySEC. ATFX is also regulated by the Cyprus Securities and Exchange Commission (CySEC), and Market in Financial Instruments Directive (MiFID).

A relative newcomer to the sector, ATFX which was founded in 2014, brings a fresh and distinct approach to the sector. Traders are provided with a streamlined and cost-effective means of low-latency access into the financial markets. Trading analysis and execution are carried out through the MetaTrader MT4 platform and the firm has a clear focus on providing traders access to good market flow and tight trading spreads. There are some, but not many ‘added extras’ to be found on the broker’s home website which has an attractive aesthetic and is easy to navigate. The broker does not offer very detailed information on its trading security measures. The broker offers clients protection through the investor compensation fund of up to €20,000.

Furthermore, clients can make deposits and withdrawals using a bank wire transfer. Also, anyone, even visitors to the website, can access its Forex Education Center which hosts several introductory courses about Forex and CFDs trading. Furthermore, we found the Web TV segment of ATFX to offer up-to-date insight into emerging trading opportunities that could be even beneficial to professional traders. As a key CFD provider in the market, ATFX offers all key precious metal CFDs, including Gold and Silver. It also offers key commodities CFDs like Oil spots, both US WTI Crude Oil Spot CFD and UK BRENT Crude Oil Spot CFD. They’ve just launched their own social trading application called TeamUP, which allow beginners traders to copy strategies from other experienced investors on the trading platform.

Very good customer support, Chrstiaan was very polite and helpful in setting up my account. In terms of actually trading, I’m a bit unsure on how the lot sizes work, it’s like 0.01 on every other broker is 0.10 on here. We offer two of the most popular ways to trade the financial markets, which allow you to trade on both rising and falling markets. Trade Forex, indices, cryptocurrencies, commodities and shares at the touch of a button. Customer Support is available 24/7 via phone, email, and live chat.

All BrokerNotes content is researched, fact-checked, and edited by the research team. ATFX offers a fee structure with no inactivity charges, but it lacks clear information on spread costs, which could affect trading cost transparency. The company has a strong global presence and license regulated, recently expanding its reach to Australia and Iraq, and more exciting expansion. MT4 is available as a desktop download and as a web platform, running in browser.

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