ATFX Broker Review Forex Broker Analysis

Spreads are relatively tight and, like most brokers, get tighter on the accounts with larger minimum deposits. Our review of ATFX shows, that clients are given the classic MT4 trading platform. You will find the desktop software, along with their Web Trader and mobile apps. They offer a wide variety of assets to trade including; Forex / Currency pairs, Commodities , Indices and CFD’s for shares trading.

The broker is headquartered in New Zealand which explains why it has flown under the radar for a few years but it is a great broker that is now building a global following. The BlackBull Markets site is intuitive and easy to use, making it an ideal choice for beginners. MT4’s charting features are excellent and it supports a wide array of time frames, charting features, drawing tools, and technical indicators. While MT4 execution is said to be extremely fast, we experienced some rather surprising delays on a few trades that we launched through a Demo account. Depositing money onto the ATFX trading platform is simple.

Our main checklist for the ATFX app

This also updates focus on particular products, including predictions, influences, and much more. I appreciate ATFX staff professionalism and honesty in helping their clients to be informed all the time. Also, I like ATFX spreads and fast execution, as well as, the variety of the instruments they have. I also get up to date market data and news through their webinars and newsletters.

The minimum amount you are required to deposit in order to start trading is $200 for the Standard account and $5,000 for the Edge account. The ATFX website also offers an education section for users to benefit from. The webinar schedules are updated periodically on the official website under the “education” section. There usually are 5-10 webinars scheduled within a period of two weeks and the available languages vary.

Social trading at the company is only available via their collaboration with the MT4 trading software and community. Once logged in to the MT4 platform, you will need to register for your social trading account by clicking on the ‘auto trading’ button. ATFX offers a limited selection of assets for CFD trading, some of which include 15 indices and more than 50 individual stocks. When i traded EBAY stock, the broker intentionally raised my trading fee from 6$ to 260$ causing me to lose. Here the user will be able to read in-depth eBooks, as well as access to a number of trading courses. Courses range from economics, MetaTrader tutorials, social trading, cryptocurrencies, trading strategies to even covering capital management.

All of the information about the brokers you see reviewed on comparebrokers.org come from our partners, some of whom we have an affiliate relationship with. The datapoints provided are used to calculate a rating based on what we beileve has the most benefit to their users. This ATFX review page contains information about investing with ATFX. It is intended for educational purposes only and should never be considered financial advice.

Commission payments are instant without hidden charges or fees. To view all the products that ATFX offers on MetaTrader 4, visit the Market Watch window. This way, you can find any asset and use the available advanced trading tools with it. As part of its transparency, ATFX has a range of legal documents available on its website. This includes all documents related to compliance and regulation. They span categories such as general, CFDs, and spread betting.

Great Customer Support

The asset list includes 43 currency pairs, among them majors (like the most popular EUR/USD), minors like AUD/CAD, and exotics, such as the EUR/HUF. These partners do not control the content on the page beyond providing us with datapoints to ensure that the information in our database is accurate. The datapoints provided are used to calculate a rating based on what we beileve has the most benefit to our users. Our proprietary rating algorithm takes all of the datapoints to generate the rating.

Either mobile version has the full functionality and all of the tools of the other versions. It also has full multi-language support available 24/5. It includes real-time information that helps with the decision-making process. MT4 for iOS or Android also includes advanced charting, such as customization and rapid analysis.

According to our independent database , the average forex broker offers 29 of the 37 products and features currently tracked for our offering of investments category. ATFX offers 29, which helped contribute to the broker ranking #57 out of 62 brokers overall in this category. Once you have deposited funds into your account or have opened a demo account, you will be suggested to download MT4.

Premium Education

You can only deposit money from accounts that are in your name. Similarly to stock index and stock CFDs, the fees are built into the spreads. ATFX has low forex fees, as well as no inactivity and withdrawal fees. To read much more details about the broker’s services and features, expand on the sections below. There have been reports of scammers approaching companies via Telegram, LinkedIn and Other Social platforms purporting to represent Blockonomi and offer advertising offers.

Withdrawals via e-wallets will typically arrive within 2 days. Refunds to debit and credit cards typically finish processing in 2 to 5 days. Assess based on trading experience, availability of support, profit potential and more.

The best client service

The minimum deposit that you must deposit to begin on ATFX is $100. It’s possible to create more advanced deposits as you cooperate. However, ensure that you know how to make the most of your money before investing larger sums.

• FCA bans the sale of crypto-derivatives to UK retail consumers from 6 January 2021.
• Please note that by investing in and/or trading financial instruments, commodities and any other assets, you are taking a high degree of risk and you can lose all your deposited money.
• IBs even receive training to help them maximize profits.

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. ATFX https://forexarena.net/ offers a list of default leverages for clients in its Trading FAQ section. For each product, you can view the name, minimum spread, contract size, and minimum and maximum lot size.

When we tested the process, our account was verified on the same day. ATFX accepts clients from all over the world.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. To be involved in the community, ATFX sponsors some events.

This usually means that ATFX users do not need to worry about their money as it is segregated and safely kept in established banks. SSL encryption simplifies each user’s private information as well. When engaging in online trading with platforms such as ATFX, it’s crucial to carefully assess ATFX as your broker, as this choice can determine your success.

If you’re new to the world of trading online and brokerages, so many facts will no doubt be perplexing for you. Getting into the world of online trading requires expert assessing skills and comprehensive understanding. You will acquire proficient at all the concepts of online trading and brokerages while you keep trading. For starters, you need to select the ideal online trading platform who will always be transparent with you. As trading fees are low and you can use a demo account, feel free to try ATFX. Professional and non-EU clients are not covered by any negative balance protection.

ATFX Demo Account for free

To open a demo account, first fill out a simple registration form by entering your name, email address, telephone number and country of residence, along with the virtual trading amount. Once you’ve done that, check your email for the login details of your demo MT4 account, download the platform and start trading. As with most platforms, the company pays withdrawals atfx trading platform into the same account from which they made the initial deposit. ATFX is an online forex and CFD broker founded in 2014 that has a global presence and supports customers in over 16 different languages. The company has its main offices in London and Limassol, Cyprus, although it also has offshore offices in Kingstown, St. Vincent, the Grenadines and Mauritius.