Clients from the European Union or United Kingdom, are covered by the regulators listed below. International clients will be trading with an offshore company based in St. Vincent and Grenadines. ATFX allows deposits and withdrawals in USD, EUR or GBP and charges no fees for any withdrawal over 100 USD. In the case of bank transfers, your bank may charge you for transfers. Like most brokers, withdrawals can only be made by the same method as the original deposit.

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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. If you wish to find out more about what ATFX is, what they offer, their fees, trading platform, regulation and so on, we recommend reading this review.

Retail accounts also offer negative balance protection, meaning you can never lose more than you have on deposit with the broker. On the Standard, Edge and Professional accounts, our reviewers found that AFTX does not charge any commission as fees are incorporated into the spread. This is great news, as you’ll also find that AFTX’s spreads are low compared to similar brokerages. Discover a broker you can trust by reading our in-depth and honest reviews, created by industry experts. Yes, you can open an account with ATFX if you are residing in Hong Kong. However, the broker does not offer its services to residents and US citizens due to the stringent laws which prohibit CFD trading on both domestic and foreign platforms.

https://traderoom.info/ bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The vast majority of retail client accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money. Please read the full risk disclosure on pages of our Terms of Business. The vast majority of retail investor accounts lose money when trading CFDs / Spread betting with this provider. You should consider whether you understand how CFDs / Spread betting work and whether you can afford to take the high risk of losing your money.

ATFX offers the MT4 mobile app available on the App Store and Google Play. You can download the MT4 app on your phone, and through it, you will be able to access your ATFX account. You can login the first time you’re your name and email address. You will then get some login details that you will be asked to keep in a safe place and that you will need for future access to the platform. The most popular payment option is MasterCard or VISA credit and debit cards, but you can also use e-wallets such as MoneyBookers, Neteller, and others.

If you have a demo account, you will be given $100,000 to trade, whilst if you are trading live, you will have as many funds as you deposited in the previous stage. ATFX offers the popular MetaTrader4 to support its trades. It is currently amongst the most popular and well-reputed platforms on the market, with over 80% of all reliable brokers using it. ATFX provides award-winning customer support, having been chosen as the broker with Best Customer Service in 2019, by ADVFN.

Been a client for 2 years now, and just as long as I encounter no major issues, I’ll stay here forever. Between 74-89% of retail investor accounts lose money when trading CFDs. 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.

He joined BrokerChooser in 2018 and has since tested almost all 100+ brokers covered by BrokerChooser. Adam holds a professional degree from CEU and he helps teach finance and programming courses at his alma mater. Previously he worked in the banking sector, including at Citi Bank. He loves researching the financial industry, managing his long-term investments, and trading with algorithms. As trading fees are low and you can use a demo account, feel free to try ATFX. Opening an account only takes a few minutes on your phone.

ATFX Fees

You can then click on the signals tab in the toolbox window positioned at the bottom of the platform’s display to choose trading signals that you wish to follow. ATFX is not included in our list of recommended brokers. Always verify that your broker is licensed by your local financial regulator (i.e. FCA United Kingdom). ForexPeaceArmy.com has advertising and affiliate relationships with some of the companies mentioned on this site and may be compensated if readers follow links and sign up.

• They know what they’re doing, and they’re very polite and patient.
• You can only withdraw money to accounts that are in your name.
• Also, another part this involves is traders’ focal techniques and tactics.
• Options for funding your account include bank transfer, credit/debit cards, and electronic wallets.
• ATFX offers an excellent education section in addition to world-class market analysis materials provided by the globally renowned Trading Central.

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. The use of Expert Advisors allows for automated trading strategies. MT4 also has enhanced trading speed and is known for its robustness and stability. Keep in mind that you can only request one withdrawal each day.

Are there any fees on ATFX that I should know of?

It comes into effect in a special case when the company is unable to satisfy its repayment claims. What happens, in this case, is that the FSCS awards each client a compensation fee of about £85,000 for eligible investments. For FCA authorizing the company officially means it is approved by the company as an FX and CFD broker. Trade more than 6,000 markets without commissions and professional platforms. We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence.

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. The Premium account requires a deposit of $10,000 and offers a minimum spread on the benchmark EUR/USD currency pair of 0.0 pips, but there is a commission charge with this account.

Also, the people here are very professional in dealing and responsive customer support. Education and market analysis are strong and spreads are relatively tight compared to other brokers of a similar type. It is also important to know about the spreads on ATFX, which are competitive compared to other brokers on the market. ATFX Spreads vary depending on the account type with spreads on the Edge account are low and competitive compared to any broker in the industry. They start from 0.6 pips but they vary depending on the asset you are interested in.

• Knowing this, traders can trust the platform and confirm that the trading environment is truly safe and reliable as it looks.
• Some of the exotic currency pairs they make available to trade are the Russian Ruble, South African Rand and the Polish Zloty.
• Once logged in to the MT4 platform, you will need to register for your social trading account by clicking on the ‘auto trading’ button.
• I have loved ATFX, it is reliable and they have a good customer service that keeps in touch with you in case of any doubt, withdrawals are secure.
• This particular event is long-standing, with 18 years of events.
• You can only deposit money from accounts that are in your name.

But as soon as I catfx reviewd the trade and went to my history board, I am Shocked to see that I have only $2033 profit and the broker cheated me and closed my trade on Share Price 13.91. In order to start trading with ATFX, you have to deposit at least 500 USD . Depending on the type of account you have, it is also possible to use a VPS via ATFX. The use of a virtual private server leads to more secure execution of Expert Advisors. That execution tends to be quicker with a VPS and more reliable.

Overall, there are 4 different account types which we will show you in the next table. If you make a bigger deposit you will trade with better trading conditions. ATFX primarily offers the MetaTrader platform suite from its regulated brands in the EU via Cyprus, and the UK, as well as its offshore entity in Mauritius. ATFX has made progress although still trails behind the best brokers when it comes to the range of investment products it offers and the available trading platforms. The ease of deposits and withdrawals is very important. They also want the deposits and withdrawals to be fast.

On the flip side, more complex news items, such as those covering major economic events, are missing. Technical indicators and other technical tools, such as trendlines or Fibonacci retracement. You can’t change the default leverage level of the products. FCA bans the sale of crypto-derivatives to UK retail consumers from 6 January 2021. You can easily view your profit/loss balance and the commissions you have paid. This selection is not the best on the market, lagging behind that of competitors including XM.

It is a third party that creates these market reports. By the third party, I mean ATFX does not validate either can they ascertain the integrity or accuracy of the reports. Even so, the inclusion of ATFX customer reports is an extremely useful tool. Besides, they save a lot of time in research or complement other trader research strategies.

For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. Both HYCM and ATFX offer MetaTrader 4 .Copy trading is not offered by either broker. Comparing forex brokers side by side is no easy task. For our 2023 annual forex broker review, we spent hundreds of hours assessing 62 forex and CFD brokerages to find the best forex broker. MT4 comes preloaded with over 30 technical indicators while giving traders access to 9 different timeframes and several chart types. A lightweight platform, MT4 has enhanced trading speed, while remaining robust and stable on all systems and even over slower internet connections.