The vast majority of retail investor accounts lose money when trading CFDs / Spread betting with this provider. You should consider whether you understand how CFDs / Spread betting work and whether you can afford to take the high risk of losing your money. ATFX offers more than a hundred CFD financial instruments, including https://forexarena.net/ shares, cryptocurrencies, indices, crude oil, precious metals, and forex. For forex, there are 43 currency pairs, including majors, exotics, and crosses. Cryptocurrency CFDs include Bitcoin, Litecoin, Ethereum, and Ripple. In terms of shares CFDs, there are 50 major German and US shares, including big names.
HYCM holds 2 global Tier-2 licenses, while ATFX holds 1. In our analysis of 23 international regulators across 50 brokers, HYCM earned a higher Trust Score than ATFX. For our 2023 annual forex broker review, we spent hundreds of hours assessing 62 forex and CFD brokerages to find the best forex broker. After you have downloaded the MT4 mobile trading platform, you must access the ATFXGM2-Live server.
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.
You will then get an email to remind you to attend the webinar at the indicated time. To trade with an asset, all you have to do is select one from the asset list and decide whether you want to sell it or buy it depending on what your strategy is. The first time you click on one of the two, a risk disclaimer will pop up and you will have to accept the terms and conditions before being allowed to continue. Once you’ve done that you are free to trade as much as you want. After you’ve created your account you can move on to the deposit page to place funds in your account and start live trading. You will have to deposit at least $200 to be allowed to start trading.
Today’s investors require extremely tight spreads, deep liquidity, market transparency , anonymous trading, low slippage and latency. However it is not easy to meet all these requirements ,especially the atfx review investors demands differently on pricing and trading execution. STP mode enables brokers to corporate with all the liquidity providers to set up the most competitive bid and ask price to the clients.
You can use the same methods for withdrawal as for deposits. You can only deposit money from accounts that are in your name. During our test, we had to re-send our documentation to customer service. In the process, they reached out to us immediately, and after sending our documents, our account got validated almost instantly. However, our validation email was sent in Italian, which was surprising as our earlier discussion was in English. Thisinitial registration takes minutes, and in most cases, accounts are verified within 1-2 business days.
The minimum amount you will have to deposit to be allowed to access the trading space is $200 for the Standard account. If you see that you are making profits, you can always deposit more. For those who choose the Edge account, the is a minimum deposit requirement of $5,000. The website claims that no fees apply for deposits, no matter what payment method you choose, including credit/debit cards, e-wallets or wire transfer. A small fee may apply if you are depositing funds with a non-UK credit or debit card, but aside from that, the official website claims that no fees apply. ATFX has continued its growth steadily over the past few years and has gained the trust of many institutional and retail clients during this time.
When we tested the process, our account was verified on the same day. Similarly to stock index and stock CFDs, the fees are built into the spreads. To have a clear overview of ATFX, let’s start with the trading fees. To read much more details about the broker’s services and features, expand on the sections below. Please be advised that certain products and/or multiplier levels may not be available for traders from EEA countries due to legal restrictions. MT4 comes in 3 versions, covering Windows, iOS and Android compatibility.
CySEC regulation provides access to the EU and EEA countries. Switzerland and the Middle East also have access to ATFX via CySEC regulation. ATFX group ranked in the top 5 MT4 brokers globally for the 3rd consecutive quarter in 2021.
Its innovative financial solutions have been recognized by the market and are at the forefront of the industry. At BrokerChooser, we consider clarity and transparency as core values. BrokerChooser is free to use for everyone, but earns a commission from some of its partners with no additional cost to you . ATFX is regulated by several financial authorities globally, including the top-tier FCA. When we tested the phone service, we couldn’t reach any operators on the day before a UK banking holiday. But after the holiday, we were immediately put first in queue.
Forex Education Center
Trading Central is well-respected worldwide, conducting research for over 200 investment banks, professional dealers, brokers, and fund managers. Before creating a real account and depositing real funds, you will have the option to try a demo account. You can actually switch to demo at any time, even after you have deposited funds into your real account. MT4 offers a wide range of chart analysis tools, including more than 30 indicators and technical analysis tools. Set your own parameters, display options and chart types to create your own tailored trading experience.
The company uses the latest encryption technology currently available to protect data. This is combined with effective protection measures and strict supervision. The result is a trading environment that is safe and reliable. There is also a Multi-level Commission Payout mechanism. This means that every ATFX client referral case leads to gains.
For further finance transparency, ATFX has partnerships with EY, a professional audit organization. All trading on ATFX is done via the popular MetaTrader 4 platform. This platform has support for all types of devices, so every client is able to use it. Because of MT4’s popularity, there are also numerous guides and resources available online. ATFX offers a list of default leverages for clients in its Trading FAQ section. Finally, ATFX supports trading of 50 major shares CFDs from the United States and Germany.
- ATFX is a regulated broker with an innovative and proactive approach compared to other forex and CFD brokers in the industry.
- You can also read a description of the webinar to help you decide if you want to register.
- Its innovative financial solutions have been recognized by the market and are at the forefront of the industry.
- The broker offers clients protection through the investor compensation fund of up to €20,000.
- There is a vast trading volume; in fact, it has the biggest trading volume of goods in the world.
- Either mobile version has the full functionality and all of the tools of the other versions.
Having proclaimed itself aForex brokerand CFD brokerage, ATFX features a fairly standard product selection for this industry. The company offers over 200 financial instruments to trade with, including a range of forex pairs, and CFDs in indices, commodities, cryptocurrencies, and shares. 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.
Real-time order execution experience
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. For convenience, ATFX offers an updated list of trading conditions for each individual asset. These are divided by category, such as forex majors, minors, and exotics.
Email addresses are for general information, complaints/disputes, partnerships, support, and sales inquiries. You can also contact support via live chat in the bottom right corner of the page. To add to the protections in the unlikely event of insolvency, AT Global Markets 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. In this situation, the FSCS provides as much as £50,000 in compensation per person for eligible investments.
Which trading platform is better: HYCM (Henyep) or ATFX?
ATFX has a great mobile trading platform, offered by MetaTrader 4. A bank transfer can take several business days, while payment with a credit/debit card is instant. ATFX has a user-friendly and fully digital account opening process, usually taking no more than a day.
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly. Recently, ATFX was voted the “Best CFD Broker” by AllForexRating Investors in 2022.
Even so, the inclusion of the reports for ATFX clients is an incredibly useful tool. It can lead to a great deal of time savings in research or supplement a client’s other research strategies. To give traders confidence in the Trading Central information, it is part of three different associations for Independent Research Providers. These include Asia IRP, Euro IRP, and Investorside Research. It is a Registered Investment Advisor with the SEC (U.S.) and SFC . For each product, you can view the name, minimum spread, contract size, and minimum and maximum lot size.
Ethereum Price Prediction: Last Chance To Buy ETH Before $2000?
MT4 Desktop additionally offers cutting-edge charting tools. 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. MT4 Desktop allows for diversification thanks to full support for a range of assets. MetaTrader 4 for Windows has multilingual trading support plus multi-currency support. There is also a VPS service for connectivity all day long.