Overall, however, there is no convenient way to find information on other FAQs. It would be nice to have a dedicated section for information such as this. It would make it easier to open an account, fund the account, and do basic troubleshooting without contacting ATFX. The range of webinars helps clients develop trading skills or grow understanding of concepts. There are webinars for all skill levels, from professional traders to beginners.
ATFX is a company that is regulated by the Financial Conduct Authority (FCA). You do this by clicking a link that is sent to you as soon as you register. After this, you will need to upload your ID or passport and a proof of residence. The broker is licensed in multiple jurisdictions, though one of its entities is not regulated. It, however, has issued an Excess of Loss policy and operates on a ‘best execution’ basis.
Our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data. It also permits clients to trade with various currencies, including EUR, USD, and GBP. Furthermore, ATFX offers Swap-Free accounts, also known as Islamic accounts, for Muslim traders. The company guarantees the security of clients’ funds by segregating them from its accounts and refraining from using them for operational purposes. When you choose to spread bet with ATFX, there is no UK stamp duty or capital gains tax. There are also no commissions and spreads are competitive, starting at just 0.6 pips.
- We rank licenses by various regulatory bodies on a three-tier system, where Tier-1 licensing indicates the highest level of regulation.
- You will not find e-books or the vast range of resources that many other brokers offer.
- There are also no commissions and spreads are competitive, starting at just 0.6 pips.
- The legal documents are quite exhaustive and cover almost all aspects of trading including spread betting and CFDs.
- We do not present any investment advice or guarantees for the accuracy and reliability of the information.
- However, they lack 24/7 support and this is a problem that ATFX broker needs to address.
ATFX Broker Account Types
Hence when you become an ATFX broker-client you can be sure that you are in a place where you can expect the best of protection as far as the clients are concerned. Their main objective always has been to ensure that their platform is simple to use and they have the best of technologies including MetaTrader 4 Software to support. A great service among the few I’ve dealt with, fast withdrawal process, and fast execution.
MT4 comes preloaded with over 30 technical indicators while giving traders access to 9 different timeframes and several chart types. Trading Central is a popular software that many brokers offer their clients. Investors use their trade alerts to come up with new investment ideas. Many stock market investors use a website like StockTwits for trade ideas.
- Clients from the European Union or United Kingdom, are covered by the regulators listed below.
- Scalpers can use one-click trading and a depth-of-market tool on MT4 and MT5.
- Any reputed and reliable ATFX review will prove that this service provider is super-fast when it comes to both withdrawals as far as deposits.
- For the convenience of clients, ATFX offers multiple methods of contacting the team.
- ATFX has recently opened a new forex education center which can be found on the company’s website.
Account Opening Process
The trading platform provided by the broker is the widely used MetaTrader 4, as we got, available in desktop, web, and mobile versions. MT4 is a well-known platform in the trading industry, known for its advanced features, user-friendly interface, and efficient trading tools. Although ATFX provides comprehensive trading services at competitive prices, there are other brokerage firms in the market offering similar solutions. We have prepared a list of the top options that traders can consider as alternatives to ATFX. From our findings and analysis, ATFX is a brokerage firm that provides a variety of financial markets for trading, including Forex, CFDs, shares, metals, oils, indices, and cryptocurrencies. It is worth noting that the brand name ATFX is used by multiple entities operating across different regions worldwide.
Join the conversation and discover insights that can help you navigate the exciting world of currency trading. Traders can access market analysis and news that cover Forex forecasts, trading strategies, financial events, and an economic calendar. Additionally, the broker offers trading seminars, webinars, and technical analyses that can help you make informed decisions.
To join the ATFX CopyTrade platform as a follower, all you need to do is link your account to the expert account. Alternatively, if you are a professional trader, you can sign up as a signal provider. In return, you get to earn a percentage of profits made by traders who buy your signal. I liked the broad scope of ATFX’s research content and found it quite nuanced.
Casual Trading: Acceptable Choice
It was named the Best NDD Forex Broker 2018 from the Online Personal Wealth AwardsMoneyAM. 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.
Day traders can choose between MT4 and MT5 – two highly customizable and feature-rich trading stations. Additionally, they can keep track of the latest market developments and trading opportunities with ATFX’s top-of-the-line research content. I concluded that ATFX is a great choice for beginner traders and day traders due to its extensive supporting content and tools. Good Forex brokers for beginners will help their clients get started. For the most accurate and up-to-date information on available payment methods and their specific terms, please refer to the official ATFX website or contact their customer support.
Additionally, the broker has published an impressive collection of 14 e-books, providing traders with a more detailed exploration of key trading concepts. Beginners can dive into subjects like technical and fundamental analysis, trading psychology, risk management, and more. ATFX accepts payments via bank wire, credit or debit card, and several e-wallets. The broker does not impose a handling fee on deposits or withdrawals, except for a $5 fee for withdrawals below $100 via bank wire. I consider the charts screen a platform’s most important feature. It facilitates technical analysis by providing an overview of price action behavior.
Orders Types
However, it can feel cumbersome and, in my experience, is not well-suited for analyzing price action. As shown above, the problem with MetaTrader is that the charts can be crowded quite easily, even when you add no more than 2 indicators. This obscures price action behavior and makes it more difficult to conduct probing technical analysis. ATFX’s MT5 platform is available on desktop for both Windows and Mac, as well as for mobile devices on Android and iOS. The platform supports 52 different languages, including English, French, Spanish, German, Arabic, Chinese, and more. Even beginner traders can quickly learn where the charts, account info, and watch lists are.
It also would not be out of place to mention here that the entire process of opening accounts is safe, easy, efficient and quick. This allows the traders to https://traderoom.info/atfx-a-reliable-broker/ get into the act right away without any wastage of time. In view of this, ATFX signed a Client Funds Insurance with Lloyds of London, offering client fund protection valued at up to $1,000,000 per claimant. This ensures that clients’ funds are safeguarded at all times and that there’s a proper mechanism for compensation in case of third-party risks.
ATFX offers a list of default leverages for clients in its Trading FAQ section. Crude oil is another highly liquid asset that can be traded with ATFX. There is a vast trading volume; in fact, it has the biggest trading volume of goods in the world. To deposit funds into your ATFX account, just log into your account. This means that your deposits must come from your own accounts. Professional client classification is also available from ATFX.