ATFX Review 2023 Pros and Cons Uncovered

They offer a wide variety of assets to trade including; Forex / Currency pairs, Commodities , Indices and CFD’s for shares trading. Some of the exotic currency pairs they make available to trade are the Russian Ruble, South African Rand and the Polish Zloty. ATFX training provide many educational resources, including daily webinars, one-to-one coaching, a dedicated forex education centre, and advanced education for Premium account holders. The ATFX educational programme ensures that clients have access to the knowledge they need to be successful with online trading.

Spreads start at 0 pips but the average is around 0.2 pips. If you’re using the Classic Account, then all fees will be included in the spread price. As part of our Fusion Markets review, we spent some time exploring the site and found it was extremely easy to navigate and worked flawlessly–even during the busiest times.

• This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted.
• The result is a trading environment that is safe and reliable.
• The MT4 is the most popular trading platforms in the world.

This independent body has the purpose of investigating complaints made against regulated firms. The FOS will investigate your complaint and deliver a response. For the best results and least hassle, ATFX suggests only contacting the FOS following a final response from ATFX. In addition to the daily market reports, ATFX also offers Fundamental Commentary. You will find articles related to fundamental moves, upcoming events in the economic calendar, and advanced economic indicators.

Can I Trade For Free With a Demo Account?

As part of its FCA regulation and authorization, ATFX follows the agency’s strict regulatory requirements. These include the fair treatment of clients and the protection of client money. ATFX uses the most recent bridging technologies to get the best rates from its liquidity provider. The payment systems on ATFX are super-fast, including for deposits and withdrawals.

Therefore any traders interested in ATFX UK or wider European based traders should start looking trade with some of the other brokers and trading platforms we have reviewed in detail here. You can also enjoy fee-free deposits and withdrawals at all times and will not be charged an inactivity fee should you wish to stop trading. Moreover, all clients can access a demo account completely free of charge. The ATFX minimum deposit for the Standard Account is just £/€100, for which you get a commission-free trading account with market spreads. The spreads for the Standard account starts from 1.0 pip which is indeed comparable to the spreads offered by other STP trading accounts in the market.

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Following execution, the information regarding the transaction will go to the MT4 platform. The execution price for market orders is influenced by the amount of liquidity from banks and if it atfx trading platform is enough. Remember that the MT4 platform will send the transaction instructions to the given MT4 server. To opt for an Edge Account, you simply create your ATFX via the regular process.

The company offers over 200 financial instruments to trade with including forex and CFDs in indices, commodities, cryptocurrencies, and shares. ATFX comes equipped with a sensational mobile app to ensure you never miss a trading opportunity, regardless of where you are in the world. You will be able to trade CFD’s, forex, and more thanks to a convenient and simplistic MT4 mobile app that can be downloaded for both iOS and Android devices.

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However, in the past ATFX has offered a $100 USD welcome credit promotion. Since ATFX operates in various regional jurisdictions, the leverage ratios differ according to the applicable regulation in those jurisdictions. Withdrawals are also offered free of charge from ATFX, though charges from banking institutions may apply. Deposits are offered free of charge from ATFX, though charges from banking institutions may apply.

They know what they’re doing, and they’re very polite and patient. All assets available to trade on Fusion Markets are done via CFDs. This means that the trading conditions https://forexarena.net/ for US stocks are effectively the same as forex, only the spread sizes will vary from one pair to another. It’s also possible to trade commodities, indices, and US stocks.

They start from 0.6 pips but they vary depending on the asset you are interested in. The spread on EUR/USD starts from 0.6 pips and for the forex majors, the minimum spread does not go over 0.8 pips. As for the forex minors, the minimum spread starts from 0.9 on pairs such as CAD/JPY and AUD/NZD and goes up to 2.8 for the GBP/NZD pair. For the exotics, the minimum spread starts from 10 pips for the EUR/HUF pair and goes up to 128 for USD/RUB. 81% of retail investor accounts lose capital when trading CFDs with this provider.

ATFX is a decent forex broker

There is also the MetaTrader 4 platform, which allows professional trading. So the trading fees can be depending on your asset to trade. You can choose between the spread account or the commission account.

ATFX reserves the right to change Edge accounts to Standard in the event this minimum equity is not maintained. There’s flexible, non-stop long/short trading, which in Forex terms translates to 24/5. 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.

The platform has the capability to be used as a web-based platform through a web-based browser, and as an application on smartphones and tablets. A demo account is available with ATFX, which is typical with nearly all Forex and CFD brokers. For traders with experience and who meet certain criteria the broker also offers a professional account.

Regarding orders execution model, ATFX is an a-book broker . ATFX offers trading of currencies, indices, cryptocurrencies, shares, CFDs and commodities. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The vast majority of retail investor accounts lose money when trading CFDs / Spread betting with this provider. Nothing on this site constitutes advice or a recommendation – you use the site and its contents at your own risk.

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. It was also the Best Forex Broker 2017 at Tapei International FinanceWord Forum FinanceWord. This is a daily market report and you can download it right from the ATFX website. Past market reports are also available on the same page, including those from the last few months.

This also includes the transparency of information and the accessibility of useful data. The St.Vincent and the Grenadines government has clearly stated that they have no interest in regulating foreign Forex companies on their territory. They will allow them to register in the country, but that doesn’t mean that their financial regulator will be held accountable for their actions. Traders need to evaluate their objective, level of risk exposure and willingness to be exposed to risks, according to research done. As the broker is headquartered in the UK, it falls under the regulation of the Financial Conduct Authority , one of the most reputable regulatory bodies in the industry. However, clients should keep in mind that these promotions are not typically available to all jurisdictions.

Founded in 2014,ATFX is regulated by CySEC in Cyprus and the FCA in the UK. Originally, ATFX was Positiva Markets and was a liquidity provider for big institutional traders. The website is available in 13 different languages to make it easier for clients from around the world to use the services of ATFX. As an STP broker, ATFX are able to provide users with the confidence in knowing their trades will be executed quickly and transparently. It must be said however that unless you are an avid CTrader or MT5 user then the ATFX MT4 platform should not disappoint.