CFD Broker Platform Open CFD Online Trading Account

Thus, you need to contact customer support to get the information about the swap charges. A floating spread means that the spreads can widen during high market volatility. On the other hand, a fixed spread means that the spreads will remain constant even during high market volatility. The broker has not mentioned anything about its active clients, but the popularity of the broker can be assumed by the number of its social media followers, which is quite decent. Clients’ funds are segregated completely with the operational funds of the company and kept in different banks, and audited by the regulatory authorities. ATFX’s live chat provides clear and detailed information to any questions you may have.

• There are more than 50 indicators as well as over 30 tools to analyze charts.
• You can change the time zone or the dates you wish to view.
• 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.
• Some popular currency pairs you get are EUR/USD, GBP/USD, USD/JPY, and AUD/USD.
• 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.

ATFX has a competitive selection of forex pairs, but its CFD product offering is smallerthan that of its closest competitors, and unfortunately, you can’t trade ETFs or bonds. The major difference is that you can set alerts and notificationson the desktop trading platform, in the form of mobile push and email notifications. To set these notifications, you need to add your email address and mobile MetaQuotes ID (which you can find in the MT4 app’s settings). Similarly to the web trading platform,ATFX provides only one-step login.

The webinars include regular ATFX Daily Market Updates several times a week in English. You can also find webinars in Italian, German, Spanish, and other languages. In addition to the market updates, webinars can focus on useful trading skills as well, such as trading using RSI and moving averages or Fibonacci trading. You will not find e-books or the vast range of resources that many other brokers offer. There are, however, more webinars available from ATFX than many competitors offer.

Premium account

The minimum lot size you can use when trading FX products is 0.01, and the maximum lot size is 20 lots. Trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a high degree of risk to your capital. Contact us directly for further inquiries about our products and services. There is no information available on their website about the swap charges.

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. Customer Support is available 24/7 via phone, email, and live atfx review chat. ATFX does not have a local support team or office in South Africa so the best method of contacting customer support would be via email or live chat. ATFX is an STP broker, offering high-speed market execution.

ATFX Customer Service

For example, in the case of forex and stock index trading, spreads, commissions and financing rates are the most important fees. Non-trading fees include charges not directly related to trading, like withdrawal fees or inactivity fees. Switch to a real account and deposit the minimum funds necessary to start trading. 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. Additionally, ATFX segregates client funds in trust accounts.

ATFX has a user-friendly and fully digital account opening process, usually taking no more than a day. On the flip side, the minimum deposit is high for non-Standard accounts. ATFX forex fees are low, beating those of its closest competitors for all currency pairs. In the sections below, you will find the most relevant fees of ATFX for each asset class.

Generally, the company does not charge any deposit or withdrawal fees. However, the bank or payment processor might charge you some fees for processing your transaction. ATFX offers a wide range of tradable instruments across multiple markets, making it a good choice for traders who want to diversify their portfolios.

ATFX Broker Review

And Irelands and allows you to speculate on financial markets using margin. Furthermore, spreads for ATFX spread-betting accounts are generally competitive and start at 0.6 pips. ATFX provides live and on-demand webinars that are conducted by expert traders. The webinars cover a variety of topics such as trading strategies, technical analysis, and risk management. A demo account is handy for new traders to test their trading strategies before investing their hard-earned money in the markets.

If you are based in the UK, the spread betting option might be attractive to you as this method of trading is capital gains tax-free. In the rare case of an unresolved complaint, clients can sometimes refer to the FOS. 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. ATFX also has its own self-developed accounting system which is automatic.

The commercialisation of services and the acquisition of clients can only be carried out in Spain by an authorised entity or through a tied agent. Asktraders is a free website that is supported by our advertising partners. As such we may earn a commision when you make a purchase after following a link from our website. As they started in 2014, they have won relatively few awards to date despite receiving typically favourable reviews. Most notably, the company’s website currently highlights that it won the Best Forex CFD Broker award at the U.K.

ATFX offers a Quarterly Market Outlook, allowing you to monitor changes and trends in the financial market with detailed fundamental and technical analysis. It is designed to help you develop an effective trading strategy to make long term profits. Most brokers have an obvious help center or section with FAQs. Instead, there are webinars and there is ready information for contacting customer support. There are some sections with FAQs, such as those related to trading. Overall, however, there is no convenient way to find information on other FAQs.

Broker safety information

Clients can also enjoy full account management via the sleek client portal. The trading platform at ATFX is the MetaTrader 4 platform which is considered the most popular and powerful trading platform in the industry. Furthermore, the MT4 trading platform comes equipped with robust security measures as all data between the server and client terminal are fully encrypted. The company also supports MetaTrader 4 , which is a popular trading platform among retail traders. With time, you’ll be able to fine-tune your trading technique to benefit from the forex economic calendar and be up to date with the latest live events occurring around the globe.

You receive the commission once the client meets a minimum trading threshold. The ATFX brand impresses with a significant range of features to enrich the overall functionality of the site. One of the most notable ATFX features is the fact that they offer competitive spreads, decent liquidity, limited restrictions https://forexarena.net/ on trading, and a wide variety of markets. Traders will also be pleased to know that scalping is available on the site as well as automated trading. The company strive to keep things as simple as possible which means you won’t find all the bells and whistles that are usually touted within the financial industry.

The user interface is perfect for beginners or trading veterans, and all the necessary tools are available to ensure a hassle-free and memorable online trading experience. 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. Traders simply need to visit the ATFX site to download the mobile app or visit the Google Play Store for Android devices or the App Store from Apple for iOS devices. The features of the demo account include the choice to trade in about 100 financial products across forex, gold, oil, indices and cryptocurrencies from your PC or mobile.

#2 Social Trading

The European Parliament and Council adopted this on Nov. 1, 2007. MiFID regulates financial instrument markets for providing investment services as well as activities, specifically in the European Economic Area. This EEA includes all 27 member states of the EU in addition to Norway, Liechtenstein, and Iceland. The regulation and authorization from the FCA are for ATFX to be a CFD and FX broker. 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.

You can only deposit money from accounts that are in your name. Thisinitial registration takes minutes, and in most cases, accounts are verified within 1-2 business days. 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 read much more details about the broker’s services and features, expand on the sections below. Create an account and try the demo account to see if it is as helpful and explicative as it is supposed to.

In most cases, ATFX is able to resolve complaints early on. The use of Expert Advisors allows for automated trading strategies. MT4 also has enhanced trading speed and is known for its robustness and stability. Crude oil is another highly liquid asset that can be traded with ATFX.