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Please read the full risk disclosure on pages of our Terms of Business. ATFX has an office here, and has provided several workshops in different areas. Their account managers take good care of their IBs, and I’m one of them. I really enjoy trading with ATFX because of fast execution, innovative trading platforms and tools. Above all, I can withdraw anytime I want without any problems.
Is ATFX a regulated broker?
ATFX Global Markets (CY) Ltd is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC) as a CFD broker.
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. The conflict of interest between the trader and a forex broker. It is currently owned and operated by AT Global Markets and is registered at the 1st Floor, 32 Cornhill, London EC3V 3SG, United Kingdom. The broker is regulated by FCA, CySEC, MiFID and authorized to offer its services in EEA countries. Premium – account must have a minimum balance of £$€10,000 with a benchmark spread currency pair of 0.0 pips.
Create an account and try the demo account to see if it is as helpful and explicative as it is supposed to. ATFX does not provide a great deal of information when it comes to special features or services. There are some basic features that can be considered to be fairly positive. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located. On our website, you can see that some users have reported scams.
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The broker has succeeded to acquire the needed regulation and STP/NDD connection to liquidity providers that removes the conflict of interest and offers traders better spreads and commissions. 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. Moreover, ATFX offers traders negative balance protection that ensures that traders will not lose more money than deposited. ATFX is a Forex Broker offering Forex Trading services via MetaTrader 4, MT4 Mobile and Web trading platforms.
Pending order options include Buy Limit, Buy Stop, Sell Stop, and Sell Limit. All pending orders connect to company instructions within the server. The pending order is triggered, then transacted and executed in the form of a market order.
✅ Regulated – CySEC, FCA, MiFID ✅ Company – ATFX Global Markets Limited. The ATFX broker account can be opened effortlessly with a fast procedure. The customers will be required to fill in a form available on the company’s website. Some of the details asked to fill in within the form are personal data like name and age, financial information, and knowledge and experience the customers have within the market. Even if you do not want to use the daily analysis you can join webinars for free or use technical indicators and tools in the trading platform.
Webinars will be listed alongside relevant dates, languages, start times and durations, providing much comfort to their clients. Additionally, a description of the webinar will be available to help customers decide if they wish to register for them. Moreover, while other brokerage firms tend to offer a lot of e-books, ATFXs’ main source of education is through webinars. Clients will receive access to the webinars after registration. Additionally, with the provided free eBooks, ATFX has a Forex Education Center on its website where traders can access additional trading courses.
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However, they are strictly regulated and this goes a long way in ensuring that the money of the client stays protected and the clients are treated fairly at all points in time. It would also be pertinent to mention that apart from Malaysia and other countries, they are also actively present in North America and the Middle East. As per the regulation norms, it is quite clear that they are an authorized FX broker as far as a CFD broker. There are some strict CASS rules that have permitted this ATFX broker to hold client funds during the course of daily transactions. We are sure this ATFX broker review will be able to provide the readers and other stakeholders with the right information and knowledge based on which they can make the right decision. If we are to go by customer feedback, reviews, and also feedback from experts, there are reasons to believe that it might be a good idea to choose ATFX trading as a reliable and trustworthy platform.
We tested the fees for the Standard account, which charges no commission but spreads are higher. Unlike other brokers, ATFX does not have its own trading platform. In addition, it does not offer MetaTrader 5 and other third-party trading platforms.
This is where the interested persons and other stakeholders will be able to get a complete picture about the various terms and conditions that are specific to certain products and services. Further, there is one more takeaway as far as the traders are https://forexarena.net/ concerned. They have a free demo account that can be used for training, testing and then getting into a live trading environment. All these and much more go in making ATFX broker quite different from the rest of the crowd in more ways than one.
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These include a lack of negative balance protection and waived restrictions on CFDs. ATFX can also use sophisticated market language when talking to professional clients and assume higher experience levels. There are also changes to considerations for best execution. For retail clients, priorities are the transaction cost and the overall price.
ATFX Review Scores
Good experience and the helpful team only one thing I didn’t like is that I wasn’t notified about my withdrawal being credited to my account, other than this everything is fine. We also use different external services like Google Webfonts, Google Maps, and external Video providers. Since these providers may collect personal data like your IP address we allow you to block them here.
How do I withdraw money from ATFX?
You can withdraw money from your account very easily. Log in to the secure Client Portal section of our homepage, then click “Withdrawal”. We will always return funds to the original source they were deposited. For example, if a deposit is made by credit card, funds will be returned to the same credit card.
It would also be important to mention here that the service provider is regulated by FCA. They have an excellent track record when it comes to offering the atfx trading platform best rates as far as their liquidity providers are concerned. It would also be pertinent to mention here that they offer the best of payment systems.
What Can You Trade With a Broker?
ATFX has a fully digital account opening process which is both user-friendly and seamless. A good broker with a lot of education classes to improve my trading techniques. I find the best broker they have a good community and also provide good support.
As an FCA regulated company, ATFX segregates client money, separate from its own funds. In addition, ATFX retail clients are afforded additional protection by the FSCS up to GBP 50,000. The MetaTrader 4 is an independent trading platform, developed for trading FX, commodities and other products and is one of the most advanced and easy platforms to use. Registering for ATFX’s eBooks will help clients understand trading and learn how to enter the financial markets.
Traders can either open a demo account or opt-in for the live account. You will first need to select your preferred language of which there are 13, along with personal details, banking information, and referrer information, if any. The registration process will require name, gender, date of birth, country, address, email, phone, and documents along with bank name, swift code, branch city, branch name, branch province, and more. You will not be able to complete the registration process without providing the necessary documents. ATFX Global Markets Limited is essentially a European trading company operating from Cyprus and is regulated and licensed by the Cyprus Securities and Exchanges Commission. The regulatory supervision and compliance are not only enforced by the laws of CySEC, but also by the MiFID guidelines.
From our experience, the test results and conditions for traders are speaking for themselves.With ATFX you get clearly a good partner on your side. Among the educational resources for ATFX clients, we have webinars that take place every week and face-to-face seminars that take place in different countries. Even advanced traders also use this account to test-run new strategies that may be risky if using their main accounts. 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. Once you access the platform you will have to type in your name and email and the system will generate some login credentials to facilitate your access to the trading platform in the future.
AFTX boasts a comprehensive educational centre, which comes complete with webinars, seminars, guides and an economic calendar. This is great, as it means the broker is suitable for both novice and veteran traders. Our review team were pleased to discover withdrawing at AFTX is equally simple. You can withdraw funds via the same method by which you deposited and all requests are processed within 1 working day, if submitted before 2 PM . All accounts allow unrestricted trading, including the ability to scalp, hedge, and use Expert Advisors on their accounts.
ATFX Cost and Fees, Commissions, and Spreads
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. Trading Futures and Options on Futures involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. Opinions, market data, and recommendations are subject to change at any time. The financial products offered by the promoted companies carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.
- Opening positions, using technical indicators and various other trading tools, and checking one’s trading history is possible through the Web Trader as well.
- This website is using a security service to protect itself from online attacks.
- If you are an experienced trader, you should go straight to the open live account page.
- ATFX is a trade mark of AT Global Markets INTL LTD a company registered in Mauritius under FSC and all services in the Hashemite Kingdom of Jordan is offered through its Introducing Broker.
On the upside, however, our reviewers think that this only goes to prove how committed ATFX are to meeting regulations. You’ll also be able to rest easy knowing that AFTX payments are always secure. The site operates with SSL-encryption and the broker even has a dedicated support email address for queries about transactions (). At ATFX, you’re able to fund your account in a quick and easy way, via credit/debit card, e-wallet or bank transfer.
The MetaTrader 4 platform, the web trader and both the mobile and tablet apps give you the flexibility to trade wherever in the world you are and at any time. What was your trading experience like with the brokers at ATFX? Please share your personal experience in the comments section below. Oil trading – like the trading involving most of the other available assets – is CFD-based, which means that traders never gain actual possession of the traded asset. They just exchange contracts based on the value of the underlying asset. Or add any number of indicators, tools or expert advisors – these are essentially automatic strategies that trade for you.
Trading Central is well-respected worldwide, conducting research for over 200 investment banks, professional dealers, brokers, and fund managers. 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. Other categories include metals, oil, indices, cryptos, and shares.
Is ATFX a good broker?
ATFX is an excellent choice of broker for a range of traders, from beginner to advanced, retail, and institutional. The broker is highly regulated by the FCA, amongst others, and offers an advanced, though user-friendly trading environment with a wide range of tradable assets.