atfx brokerage
atfx brokerage

There is not much information provided on the supported countries. However, the broker is regulated in the European Union and MiFID, meaning ATFX can provide its service in most of the countries in the globe. ATFX is a broker founded in 2014 that has been gaining popularity in the forex and CFD industry since its foundation. The broker showed potential in recent years, which is why we decided to test and review it. ATFX is a regulated broker with an innovative and proactive approach compared to other forex and CFD brokers in the industry.

This includes a full response as well as an explanation. The staff at ATFX all undergo complaint-handling training. In most cases, ATFX is able to resolve complaints early on. That, in turn, improves the transparency of trading conditions. Keep in mind that this bonus is not available to all clients.

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 FOS will investigate your complaint and deliver a response. For the best results and least hassle, ATFX suggests only contacting the FOS following a final response from ATFX.

The product portfolio covers only forex, CFD and crypto. Email support is a bit slow, and ATFX’s research materials don’t include fundamental data. BrokerChooser gave ATFX a 3.3/5 rating based on analyzing 500+ criteria and testing via opening a live account. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

Yahoo Finance

Moreover, ATFX offers traders negative balance protection that ensures that traders will not lose more money than deposited. The vast majority of retail client accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money. Please read the full risk disclosure on atfx review pages of our Terms of Business. This time, the report focused on ranking brokers by their MT4/MT5 trading volume, user activity, industry information interpretation and critical financial market events. In addition, the report provided investors with the performance of leading brokerages in Q through a data-based approach.

atfx brokerage

Or advanced traders can use the demo account to test new strategies. 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.

To help traders make educated decisions, ATFX has a daily market report. This includes the latest overviews for sentiments and technical elements. The report has sentiment figures related to both small and large players. It also includes the main strategies and technical for traders, whether they are contrarian or conformist. The mobile trading platforms for ATFX are also versions of MetaTrader 4. You can download an application for either Android or Apple devices, allowing everyone to trade on the go.

Keep in mind that there are specific product specifications for each account type. Those include Retail – Standard Clients, Standard – Edge Account, and Professional Clients. Depending on the country that you sign up for ATFX in, you may have access to a bonus. This only requires opening up a Live Account and then depositing $200. Once you trade six lots, the credit becomes withdrawable.

Can you open an account?

Create an account and try the demo account to see if it is as helpful and explicative as it is supposed to. No information is provided on fees charged for withdrawal requests. It offers a comprehensive education and analysis sections. ATFX does not provide a great deal of information when it comes to special features or services.

atfx brokerage

There is also an Introducing Broker Partnership Program. This allows partners to earn rebates for clients they refer. There is no concern about complexities during the integration https://forexarena.net/ process into ATFX. As an Introducing Broker, you just introduce the client. ATFX does not take any responsibility for the completeness or accuracy of the reports.

Author of this review

A company that can win this award in the highly competitive financial services market must have vital attributes. ATFX primarily offers the MetaTrader platform suite from its regulated brands in the EU via Cyprus, and the UK, as well as its offshore entity in Mauritius. ATFX has made progress although still trails behind the best brokers when it comes to the range of investment products it offers and the available trading platforms. The ATFX Financial calendar provides a real-time summary of major economic and financial events and upcoming data series. It helps investors view the financial calendar in real time and get a handle on economic facts and data.

  • Crude oil is another highly liquid asset that can be traded with ATFX.
  • ATFX also has its own research team, providing quarterly market outlook reports, among others.
  • Create an account and try the demo account to see if it is as helpful and explicative as it is supposed to.

Its Raw account delivers competitive pricing, and traders gain access to third-party modules from Trading Central as well as exchange-traded securities . That said, HYCM offers a narrow range of symbols to forex and CFD traders. HYCM provides traders 70 currency pairs (e.g., EUR/USD) compared to ATFX’s 44 available pairs. Forex pairs aside, HYCM offers traders access to 362 CFDs while ATFX has 150 available CFDs, a difference of 212. Comparing the trading costs of forex and CFDs is not easy.

Once you have deposited funds into your account or have opened a demo account, you will be suggested to download MT4. Doing that takes just a couple of minutes, alternatively, you can also access MT4 WebTrader, a browser-based platform that does not need to be downloaded. If you have a demo account, you will be given $100,000 to trade, whilst if you are trading live, you will have as many funds as you deposited in the previous stage. EXPO participants and the entire industry closely watch the “Best Global Broker” award. It attracts worldwide attention because it is awarded to the company with the best investment solutions in the industry. The award shows that the business conducted by the broker has set the industry benchmark.

Atlas Partners With Broadridge For Tech Enhancement & Risk Management

Remember that the MT4 platform will send the transaction instructions to the given MT4 server. ATFX offers an Edge Account that has better spreads and faster speeds. It is designed for advanced traders and also includes additional latency reduction. The goal of MiFID was to harmonize financial market governance in the EEA. It also aims to improve financial transparency, efficiency, competition, and consumer protection. With MiFID, investment firms are able to freely offer services within other member state’s territories or those of third parties.

SmarTrade underscores value of a trusted online trading partner – Manila Bulletin

SmarTrade underscores value of a trusted online trading partner.

Posted: Wed, 01 Feb 2023 08:00:00 GMT [source]

He is also a successful day trader and graduated in 2015 with a degree in electronic engineering. Having weathered the trials and tribulations of the Forex brokerage industry, ATFX attributes today’s success to its proactive and innovative approach. ATFX’s winning formula is to keep track of clients’ needs and, more importantly, respond swiftly by empathizing with and quickly resolving their problems. Embarking on a new journey, ATFX remains committed to its “customer-centric” service philosophy and will continue striving to enhance its brand and tap into new markets. HYCM is a trusted brand that offers a straightforward MetaTrader platform experience.

ATFX offers a wide range of analysis, a great economic calendar and OK charting tools. On the negative side, it doesn’t offer fundamental data. Changing the leverage manually is a very useful feature when you want to lower the risk of your trade. Be careful with forex and CFD trading, since the preset leverage levels may be high. ATFX has a competitive selection of forex pairs, but its CFD product offering is smallerthan that of its closest competitors, and unfortunately, you can’t trade ETFs or bonds. Just like on the web trading platform, you can choose from many languages on the mobile trading platform as well.

What this means is that customer capital is held in segregated accounts, with reputable European banking institutions. The capital adequacy requirements set forth by the MiFID framework are more than met by the broker. 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.

ATFX’s brand strength, service quality and trade performance ability have been recognized by the market, institutions and even professional investors. There are four legal entities to choose from, and each comes with different regulations and services. We recommend the FCA-regulated entity, because it has the highest investor protection amount at £85,000, while the FCA is one of the best financial regulators. ATFX is regulated by several authorities – including the top-tier FCA, which grants strong investor protection. However, ATFX is not listed on a stock exchange and doesn’t disclose financial information. You can reach customer service from Monday to Friday between 9 am and 5 pm, London time.