MT4 is a popular trading platform that is used by a large number of professional traders. The MT4 platform is available as a desktop application, mobile app, and web-based application. MT4 comes with various features like advanced charting tools, a large number of technical indicators, and expert advisors. MetaTrader 4 also offers a wide range of order types which helps to execute complex trading strategies. New traders can learn the basics of trading in a risk free environment whilst more experienced traders are able to try out new techniques and strategies without risking their own money.

• The Professional account is the highest level of account and is only available to individuals meeting specific criteria, such as holding a minimum €500,000 portfolio.
• It required us to register an account and find out how much it required to activate it.
• Over 20 countries from five continents have participated and there have been over 134 tournaments.
• ATFX operates an ECN model along with STP technology and utilises a No Dealing Desk approach.
• Strategies are updated ten times every day for each product for up-to-date information.

However, they lack 24/7 support and this is a problem that ATFX broker needs to address. The communication process via email though reliable is slow and some more efficiency is the need of the hour. It would be pertinent to mention here that overall the trading fees are quite competitive. Some ATFX broker reviews have been able to have a closer look at the Standard Account and it looks quite impressive. There are no charges or commissions but at the same time the ATFX spread is comparatively much higher. Alongside the previously mentioned benefits, Premium account grants quarterly catch-ups with the chief market analyst, MT4 indicators and invitations to ATFX events.

How to Open ATFX Live Account?

The deposit methods available at online broker include bank wire transfer, credit/debit card, and e-wallets such as Skrill and Neteller. ATFX is a popular CFD broker regulated by CySec and the FCA. The broker offers a wide range of tradable assets, includingforex, cryptocurrency, and CFDs on indices, stocks, and commodities. The company headquarters are located in the UK, Cyprus, Mauritius, St Vincent & The Grenadines. They keep the client’s funds in a segregated account with a major bank. The broker uses the latest 128-bit SSL encryption technology to protect client information.

The services at ATFX ensure not just to keep the investors aware by eliminating the chance of scams but also to educate them through webinars, coaching, tutorials, proper analysis, and alike. When making deposits, there are three options available on ATFX, and these are debit and credit cards, bank transfers, and e-wallets. If you’re a novice, the platform is the perfect place to start trading. Then you’ll get up to speed quickly and begin to explore the full capability of the platform. The ATFX educational programme is aimed at making sure clients have all the resources they need to make informed trading decisions. Ancillary services (like the granting of loans needed for margin/leverage) are also included in the package.

Is ATFX Safe?

There is extraordinarily little information regarding the account features on the broker’s website apart from the range of markets, the platform type, and what traders can expect. Fees are not transparent, and neither are the trading conditions. Traders should also seek out brokers who offer a free demo account, as this will allow them to conduct a test run of the broker’s features before deciding to sign up for a live trading account.

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.

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. ATFX offers the MT4 mobile app available on the App Store and Google Play.

• Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
• Then, you can submit a complaint to the relevant authority.
• Thisinitial registration takes minutes, and in most cases, accounts are verified within 1-2 business days.

The MT4 trading platform offers traders advanced charting, technical analysis, trading signals, market news, alerts, and VPS. Additionally, traders can use EAs to automate their trades, which can assist in identifying market movements and improving market entry and stop-loss strategies. The free demo account is a useful feature for both beginner traders and prospective clients who wish to test the broker’s features before deciding on whether to sign up for a live trading account. ATFX is a good trader, trading on it is very easy, and there is no problem with depositing and withdrawing funds. The only problem I think may be that sometimes the customer service can’t give effective help, maybe because they are busy.

A few other countries where ATFX trading is not allowed include countries like Syria, Iraq, Ethiopia, Sudan, Canada and DPRK or the Democratic Peoples’ Republic of Korea. The above few paragraphs go to prove that ATFX broker is a well-known and reputed global brokerage organization. They have an excellent track record when it comes to offering the 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. The best way to know more about this platform would perhaps be to go in for an impartial and factual ATFX review. Clients can reach out to them via phone, email or live chat on their website.

Who Is ATFX?

In addition, if the withdrawal is $100 or less, you need to pay around 5% on the total withdrawal. Overall, the fee structure is quite reasonable compared to other brokers in the industry. Overall, the ATFX fee structure is transparent, which is good. ATFX offers around 50 assets to trade from across the categories of currencies, indices and commodities.

The company doesn’t disclose financial information and isn’t listed on any exchanges. Webinars are available in several languages including English, German, Italian or Spanish, but we found it a bit confusing that some webinars are only available in one language. When we tested the phone service, we couldn’t reach any operators on the day before a UK banking holiday.

This https://traderoom.info/ allows trading on all instruments with higher leverage. You must qualify as an elective professional, and evidence will be required when applying. The professional account does not, however, offer negative balance protection, as the retail accounts do. The final account type is the Premium account, aimed at top level traders. It requires a deposit of $10,000 and offers a minimum spread on the benchmark EUR/USD currency pair of 0.0 pips. Like the Edge account, this one does charge commission, but also various advantages, including access to Premium education and resources.

ATFX broker educational content

Be sure to check in with ATFX regarding this to avoid any misunderstandings. They can be found in different languages such as English, German, Spanish, and more. Some of the examples of the topics discussed in the webinars would be moving average, Relative Strength Index and Fibonacci trading. It is well respected worldwide and is accessible to clients of ATFX.

No information is provided on fees charged for withdrawal requests. 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.

How Do You Contact ATFX?

The Premium account is the ideal account for you if you’re a confident, experienced trader that’s familiar with the online trading industry. As such, with ATFX, investors are provided with access to over a hundred CFD financial instruments including Forex, Precious Metal, Crude Oil, Indices, and Shares. Without expressing regret they kept my saved funds in hostage, and no one warned me what to expect. They asked for a larger payment to enable me to expand my investment; but, when they declined, I asked for a small withdrawal of my profit.

If you fund your trading account in the same currency as your bank account or you trade assets in the same currency as your trading account base currency, you don’t have to pay a conversion fee. It charges no account, inactivity, deposit, or withdrawal fees. In the sections below, you will find the most relevant fees of ATFX for each asset class. For example, in the case of forex and stock index trading, spreads, commissions and financing rates are the most important fees.

All ATFX customers, no matter their location, benefit from segregated accounts. In the unlikely event of ATFX insolvency, segregated client funds cannot be used for reimbursement to ATFX creditors. 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. We tried contacting customer support within office hours and they responded quickly and efficiently. You can contact a member of staff Monday to Friday from 9 am to 5 pm.

However, atfx broker review should keep in mind that these promotions are not typically available to all jurisdictions. 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. Finding a reputable ATFX review locally or worldwide can be a difficult process, especially finding a complete list from a trustworthy reputable source.

The investors get access to over a hundred CFD financial instruments including Forex, Precious Metal, Crude Oil, Indices and Shares. All the instruments can be executed on one platform and offer the best opportunities to all the investors. According to the requirements of MiFID, the operator keeps the monies of its users in segregated accounts, with top European financial institutions. The group AT Global Markets is also a member of the Financial Services Compensation Scheme , which covers eligible investments of up to £85,00 per person, per firm. From a regulatory perspective, ATFX’s main “partner” is obviously CySEC.

We do not present any investment advice or guarantees for the accuracy and reliability of the information. Customer Support in ATFX is ranked good with an overall rating of 8.2 out of 10 based on our testing. We got fast and knowledgeable responses, and also easy to reach during the working days. ATFX Fees are ranked low or average with an overall rating of 8.5 out of 10 based on our testing and compared to over 500 other brokers. ATFX Markets Range Score is 8.5 out of 10 for wide trading instrument selection.

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. Depending on where you live, will determine if your trading account is regulated by the financial authority or not. 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.