ATFX Review, Rating and Awards 2023

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.

Compatible across browsers, including Internet Explorer, Google Chrome, Microsoft Edge, Opera, Safari, and Mozilla Firefox, all you need to do is open the browser and log in to start trading. This user-friendly trading solution offers all the features and functionalities of MT4. ATFX aims to make deposits and withdrawals simpler, more straightforward, and more time-efficient. atfx review As such, with ATFX, investors are provided with access to over a hundred CFD financial instruments including Forex, Precious Metal, Crude Oil, Indices, and Shares. Because there will always be people willing to deposit $10,000 or so and expecting some really good benefits out of it, such as better leverage or personal support from a professional.

What about the minimum deposit?

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.

For further finance transparency, ATFX has partnerships with EY, a professional audit organization. Additionally, ATFX segregates client funds in trust accounts. Holding client funds in segregated accounts ensures the funds are always separate from those of ATFX. Furthermore, if something happens to ATFX and it becomes insolvent, your funds are safe.

Maximum leverage

They are always run by professionals to provide a high level of accurate information. You can change the time zone or the dates you wish to view. There are also filters, including for country, time, importance, and category. Category includes options such as central banks, balance, economic activity, inflation, bonds, and more. Or you can search for a specific event by name by clicking on the Filters.

Strategies are updated ten times every day for each product for up-to-date information. Pending order options include Buy Limit, Buy Stop, Sell Stop, and Sell Limit. All pending orders connect to company instructions within the server.

When we tested the process, our account was verified on the same day. There are a few notable exceptions though, such as Japan, France or Canada. The costs for both stock index CFDs and stock CFDs are built into the spreads.

Best Platforms

Additionally, ATFX provides several customer support channels, including live chat, email, and phone, to help traders with their queries and concerns. The brokerage also offers educational resources, such as an online trading academy and tailored courses, to help traders develop their knowledge and skills. On the downside, ATFX has limited options for deposit and withdrawal methods, as it only accepts payments via bank transfers and credit/debit cards. Another potential disadvantage is that ATFX does not offer social trading or copy trading features, which may be important to some traders. Finally, ATFX has limited research and analysis tools compared to other brokers, which may be a concern for more advanced traders.

For some reason, ATFX has not included CFDs in shares or ETFs, one of the reasons for the small number of financial instruments on offer. The first thing you need to do is go on the official website and look for the sign up button. Right at the top of the page, you will be able to see two buttons suggesting you to either open a demo account or to open a live account. We recommend starting from the demo account so please click on the right side button saying “OPEN DEMO ACCOUNT”. Once you have done that, you will be required to provide your full name, email address and phone number. The whole process should take between ten and fifteen minutes.

But we can say that the major currency pairs have a pretty stable 0.1 pips spread which is the best option to get. Clients of ATFX can withdraw their funds easily and quickly. The processing time for withdrawals may vary depending on the withdrawal method used but usually takes 3 to 5 business days. 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.

International bank wires typically require 3 to 5 more working days to appear in your account, depending on the bank. Withdrawals via e-wallets will typically arrive within 2 days. Refunds to debit and credit cards typically finish processing in 2 to 5 days. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. My IB have been trading with ATFX for a long time, no slippage, great service and fast resolution.

There’s also a Demo mode if you want to get a bit of practise in. It has its critics but the success of the platform alone speaks for its quality. Potential clients without sufficient knowledge should seek individual advice from an authorized source. ScamBroker.com is a broker reviews website, and does not offer any investing advice or service.

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. To add to the protections in the unlikely event of insolvency, AT Global Markets (UK) Limited clients have FSCS coverage. The Financial Services Compensation Scheme is available to clients in organizations regulated by the FCA. The scheme comes into play in the rare case that ATFX cannot satisfy its repayment claims.

• When i traded EBAY stock, the broker intentionally raised my trading fee from 6$ to 260$ causing me to lose.
• These include Asia IRP, Euro IRP, and Investorside Research.
• For retail clients, priorities are the transaction cost and the overall price.
• It also includes the main strategies and technical for traders, whether they are contrarian or conformist.
• You can also read a description of the webinar to help you decide if you want to register.

Usually, you will be asked to withdraw the same way you deposited. ATFX also requires you provide identification documents before you make your request to withdraw, like most regulated brokers. The company charges no fees, and the request is typically processed within 24h. However, we’ve found reviews where people complain about withdrawals, especially those dealing with an offshore entity. Moreover, both MT4 and its successor MT5, support social trading and EAs as their main perk.

If you are a beginner, the MT4 platform may appear complex with too many tools and features that make little sense to you. Unfortunately, ATFX does not prove users with a simpler, beginner’s option. Usually, forex brokers like to provide one simple web trader for beginners, and MT4 for more advanced traders, so this is definitely a feature that is lacking when it comes to trading with ATFX. Before investing any real money, ATFX gives you the option to open a free demo account with $100,000 virtual funds. Then, once you feel ready, you can make your first deposit and start real trading with ATFX. The four retail accounts offer plenty of choice for individual traders.

Even though it’s the most popular software for traders of all calibers, it would still be handy to have at least a WebTrader version as well. But the best news is that there are no fees attached whatsoever, depending on which option you choose though. If you go with Neteller, they may be a 4% commission due to the platform policy and not https://traderoom.info/ the broker policy. Fortunately, the deposits and withdrawals are quite nice with ATFX. The variety is quite wide, with Bank Transfers, Credit/Debit cards, Neteller, Skrill an various other third-party wallets. When it comes to spreads though, as already mentioned, they’re floating so it’s hard to pinpoint the most accurate version.

As such, the broker offers types of leverages in the SEA region and three types of leverages in the UAE region. In only providing one account, traders are not provided with much selection according to their unique trading needs or objectives, however, ATFX caters to both retail and professional traders. Not segregating the customers can also be an issue in the long run as processing trades becomes a bit too chaotic. Because the broker will start favoring the larger trades compared to the smaller ones as that’s where they’re making most of their money. Overall, the ATFX Account types get a terrible rating from us for simply not having variety.

However, if there are restrictions preventing funds from being returned to the card, ATFX may request a valid bank statement and return the funds to the trader’s registered bank account. In such cases, the trader will be contacted by their relationship manager. Additionally, different regulations may apply in different regions and countries, which could impact the maximum leverage available to traders. Indices-Additionally, traders can speculate on the price movements of various indices, including the popular S&P 500 and NASDAQ.

ATFX offers the Trading Central, a research and technical analysis tool for all ATFX clients. The Trading Central is one of the most efficient data analysis providers for forex and CFD traders. ATFX connects traders and investors to the forex and CFD markets, acts as an STP broker, meaning the broker obtains the best spreads and commissions from its liquidity providers. ATFX uses some of the newest technologies to get the best rates from its liquidity providers, removing the conflict of interest between the trader and a forex broker. For other financial instruments such as commodities, indices, and shares, the trading fees may vary depending on the specific asset class and trading platform used. It is imperative for brokers to ensure that as much detail is provided regarding accounts and trading conditions so that traders can accurately evaluate the broker’s service.

That execution tends to be quicker with a VPS and more reliable. Keep in mind that this bonus is not available to all clients. European guidelines make it very challenging to offer bonuses. 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. Following processing, funds will usually clear between 1 and 3 working days.

Partners also receive 24/5 live support from an assigned Account Manager. There are guides from experts depending on plans, business goals, and your competitive advantages. IBs also receive free access to Trading Central and other trading tools.