Open Forex Trading Account Online Forex Trading-Start Trade FX

But, make certain that you know how to make the most of your cash before investing larger sums. ATFX acknowledges the significance of having a fast order execution. A quick implementation will allow users to exchange without worrying about slippage safely. It is going to also aid the traders to catch any opportunities.

Forex Risk Disclaimer

ATFX has definitely gained momentum in the last five years. There are some very positive aspects of the broker, such as the availability of the MT4 trading platform as well as the education and resources section of the website. ATFX, unfortunately, offers its clients access to just one trading platform, which may be seen as limiting compared to other brokers that provide multiple choices.

1. If you do not come from any of these countries, we recommend contacting customer support to find out whether ATFX provides services in your country before signing up on it.
2. Our in-depth review highlights that while it offers a decent range of trading instruments and platforms, it does not stand out significantly in any particular area.
3. It is going to also aid the traders to catch any opportunities.
4. These include a lack of negative balance protection and waived restrictions on CFDs.
5. At the moment, we recommend trading with reliable broker like ATFX, fully regulated and with an innovative approach.

Customer Support

Whichever route you choose you’ll experience lightning-quick fills through your MT4 platform and some of the lowest transaction costs in the industry. Lot size is amount of currency you’re trading in a single transaction. Standard lot sizes are typically 100,000 units of base currency, but there are also mini, micro, and nano lots with smaller amounts. The value of a pip (pip value) is done by multiplying one pip (0.0001) by the standard lot size. One standard lot size is 100,000 units of the base currency.

What is the minimum deposit for ATFX?

However, our scores, ratings, and rankings of online brokers are based on our in-depth product testing and thousands of hand-collected data points. All websites and web-based platforms are tested using the latest version of the Google Chrome browser. Our Desktop PCs run Windows 11, and we use MacBook Pro laptops running the latest version of macOS to test trading on the go. We test mobile apps and products using iPhones running iOS 17 and Samsung devices running Android OS 14. ATFX offers a fee structure with no inactivity charges, but it lacks clear information on spread costs, which could affect trading cost transparency. To add to the protections in the unlikely event of insolvency, AT Global Markets (UK) Limited clients have FSCS coverage.

To be on the right track, brokers recommend that beginners use demo trading until they are confident that they have developed a profitable system of placing trades. A first-time trader should not use real money to make their first trades or try a new trading system. Even very experienced traders use dummy accounts to experiment with a new strategy or improve on an existing one. They shift their activities to a live forex trading account only when certain. Andorid mobile devices and tablets are used by millions of people globally.

Markets and Products

The WebTrader is a stripped-down version of the desktop platform. However, it comes with almost all the basic technical indicators and technical analysis tools. Client funds are held in segregated accounts in top-tier UK banks. Moreover, ATFX is a member of the Financial Services Compensation Scheme (FSCS), which means your investment is fully guaranteed, up to £85,000 by the FSCS. He has several years experience in the forex trading business and has started to trade in Bitcoin and other crypto markets too. 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.

ATFX offers competitive pricing on a wide range of CFDs, including forex, commodities, indices, shares, etc. 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. You can contact them by phone, email or through the live chat.

Inactivity fees are not just charged by brokerage companies but also many financial services. But this doesn’t mean that online brokers don’t charge any fees. They charge prices of varying rates for various services to earn money. ATFX is regulated by Cyprus Securities and Exchange Commission (CySEC). These bodies have rules that ensure that trading platforms have measures in place to keep investor’s assets procured.

The trader resource department at ATFX is very insightful for new traders since it allows them to get a closer look at the financial markets. ATFX caters to all types of traders and are a must-have broker for any well-diversified approach to trading. ATFX is a trading partner that has found its way successfully https://traderoom.info/atfx-a-reliable-broker/ into the brokerage world. In this review, we’ve attempted to collate a number of the important aspects of ATFX. This guide will allow you to understand whether ATFX is a fantastic fit for your own investments or not. We’ve attempted to breakdown all the features and fees for your convenience.

This forex broker offers the popular MetaTrader 4 (MT4), which has pros and cons. ATFX is an average broker in the eyes of its reviewers on Trustpilot, with a score rating of 3.7 stars out of 5 stars, based on 64 reviews. Among the highlights, many traders applauded the customer service team’s efficiency and impressive technical know-how.

ATFX offers an Edge Account that has better spreads and faster speeds. It is designed for advanced traders and also includes additional latency reduction. In addition to the regulation, ATFX complies with MiFID, the Directive on Markets in Financial Instruments. The European Parliament and https://traderoom.info/ 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.