ATFX review Online Forex Broker Review of ATFX

range of trading

ATFX is a relatively new broker, but they have invested heavily in making a solid trading platform. Education and market analysis are strong and spreads are relatively tight compared to other brokers of a similar type, though only the MT4 trading platform is supported. While it is always great to see free deposits and withdrawals, we would also like to see more account types with lower minimum deposits. As it stands, most beginners would be restricted to the Standard Account.


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. Always verify that your broker is licensed by your local financial regulator (i.e. FCA United Kingdom). While all ATFX account holders will have access to Trading Central, only those with Classic, Premium and Raw Account will get full access to Trading Central’s signals library. ATFX’s educational material can be found in its dedicated Forex Education Center.

The opinions expressed in this Site do not constitute investment advice and independent financial advice should be sought where appropriate. 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.

ATFX Leverage

There currently are webinars available in English, Spanish and German. You will then get an email to remind you to attend the webinar at the indicated time. Trading is very simple, you will have the asset list on the left side of the screen, the charts where you can buy and sell assets on the right side and the trading history on the bottom. To trade with an asset, all you have to do is select one from the asset list and decide whether you want to sell it or buy it depending on what your strategy is. The first time you click on one of the two, a risk disclaimer will pop up and you will have to accept the terms and conditions before being allowed to continue. Once you’ve done that you are free to trade as much as you want.

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Posted: Mon, 12 Dec 2022 08:00:00 GMT [source] with ATFX gives clients access to an FCA-regulated broker for trading CFDs and forex. The goal of ATFX is to deliver the best possible trading experience. The broker has a client portal that is state-of-the-art and relies on the leading encryption systems. Must be really good otherwise there’s no chance of getting these many 5 star reviews with not even one of them star. A lot of the other brokers are out there to scam people’s money. Sadly I was not able to register for a trading account when atfx was still accepting retail traders for trading account registration.

However, ATFX is not listed on a stock exchange and doesn’t disclose financial information. You can reach customer service from Monday to Friday between 9 am and 5 pm, London time. We had mixed experiences about its speed, though; on one occasion, we had to wait 30 minutes for an agent to be connected, while in another test, the response time was excellent. ATFX offers a wide range of analysis, a great economic calendar and OK charting tools. Changing the leverage manually is a very useful feature when you want to lower the risk of your trade.

You can only withdraw money to 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. ATFX’s account opening process is straightforward and fully digital. For the Standard account, but higher for other account types.

How Do You Contact ATFX?

On our website, you can see that some users have reported scams. Edge – minimum balance of £$€5,000 with a benchmark spread currency pair of 0.6 pips is required. Standard – Requires a minimum balance of £$€500 and a benchmark spread currency pair of 1.0 pips. Trading FX or CFDs on leverage is high risk and your losses could exceed deposits. This reduces intervention from ATFX as a broker, which likewise improves the transparency of trading conditions and improves the trading environment.

But it is not necessarily suitable for novices, because he does not atfx review micro accounts, and the deposit threshold for standard accounts is also a bit high. In ATFX, forex traders will find that spreads and commissions depend on both instruments and account,s the same situation as many other brokers. The minimum spreads are reserves for premium account users, while they also need to pay a commission. The other two types of account have not commissions, but the spreads level are higher. The vast majority of retail client accounts lose money when trading CFDs.


Most educational tools can be found under the ‘Education’ menu on the website. The news feeds are OK, focusing mainly on the movements of technical indicators. 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.

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With MiFID, investment firms are able to freely offer services within other member state’s territories or those of third parties. The only requirement is that the investment firm must have authorization for those services. As a beginner I have many technical as well as trading related questions.

ATFX revenue rises 35% in 2020, but loss nearly doubles – FinanceFeeds

ATFX revenue rises 35% in 2020, but loss nearly doubles.

Posted: Thu, 29 Jul 2021 07:00:00 GMT [source]

You will first need to select your preferred language of which there are 13, along with personal details, banking information, and referrer information, if any. The registration process will require name, gender, date of birth, country, address, email, phone, and documents along with bank name, swift code, branch city, branch name, branch province, and more. You will not be able to complete the registration process without providing the necessary documents. ATFX was initially established in 2017 as a liquidity provider for a vast selection of institutional clients.

How to contact ATFX customer

To further promote the program ATFX provides a multi-level commission plan, to encourage partners to bring in more clients, as more clients equal more commission. Additionally, partners receive other forms of benefits as well such as free access to trading central and other trading tools. Alongside the previously mentioned benefits, Premium account grants quarterly catch-ups with the chief market analyst, MT4 indicators and invitations to ATFX events. Reduces the spread to do 0 pips for a $25 per mio per side commission. Founded in 2014, ATFX was originally established to be a liquidity provider for institutional clients, however it eventually decided to branch into the retail marketplace. The company is operated and owned by ATFX Global Markets Ltd and is a fully licensed and regulated broker with authorisation from CySEC for clients complete peace of mind.

Market orders are sent to the market, then executed at the market’s tradeable price. 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 is enough. Remember that the MT4 platform will send the transaction instructions to the given MT4 server. The goal of MiFID was to harmonize financial market governance in the EEA. It also aims to improve financial transparency, efficiency, competition, and consumer protection.

forex trading

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. Since ATFX is a regulated firm, it has a clear complaint-handling procedure. Over the years, ATFX has earned numerous awards across various markets. It was named the Top Forex Broker 2017 by Third Session of Chinese Foreign Exchange Brokers Annual Conference HT Financial.

ATFX Customer Support

MetaTrader 4 also offers a wide range of order types which helps to execute complex trading strategies. The advanced account version is the Edge account, which takes things to an entirely new level. The minimum required deposit for this one is $5,000, and for that money, the spread on the USD/EUR starts from as little as 0.6 pips. While the Standard account is commission free, there are commissions charged on the Edge account, but still, its trading conditions remain vastly superior.

ATFX goes all in on US equities: FX broker adds 113 US stock CFDs – FinanceFeeds

ATFX goes all in on US equities: FX broker adds 113 US stock CFDs.

Posted: Fri, 26 Nov 2021 08:00:00 GMT [source]

The market analysis is written by the research team of the investing firm. The market analysis covers all the major asset classes and provides an in-depth analysis of the markets. In addition, the news section of the ATFX website covers all the latest news in the financial markets. With my team, we do our best to create high-quality education, review platforms, and brokers and help everyone to stay on the profitable side. ATFX spread starts from 0.0 pipsWhen it comes to commission, no commission is chargeable for Standard, Edge and Professional accounts. The spread for the Standard account is an impressive 1.0 pip.

The technical strategies and professional data provided by Trading Central cover Forex, precious metals, commodities, and indices. ATFX provides 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 investors. To this end, with this account, it is assumed that professional clients accept the trade-off of fewer protections for higher leverage ratios and more leeway when trading. You experience raw spreads when you trade through Premium access. This cost is always clearly illustrated to ensure you’re in control of yourtradingoverheads.

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. The broker has succeeded to acquire the needed regulation and STP/NDD connection to liquidity providers that removes the conflict of interest and offers traders better spreads and commissions. The broker does not offer very detailed information on its trading security measures. The broker offers clients protection through the investor compensation fund of up to €20,000.

  • MiFID regulates financial instrument markets for providing investment services as well as activities, specifically in the European Economic Area.
  • This includes market news and analysis for popular products such as oil, precious metals, indices, gold, crypto, and FX majors.
  • The broker uses the latest 128-bit SSL encryption technology to protect client information.
  • Following processing, funds will usually clear between 1 and 3 working days.

The exact trading conditions for every one of the supported indices, metals and currency pairs are made available in great detail in the trading conditions section of the ATFX website. The indices section at ATFX offers access to a wide range of underlying assets, such as the SPX500, US30 and NAS100. WhaleClub is a unique broker which uses their own custom built CFD trading platform. What is unique about this broker is that all accounts are denominated in Bitcoin or Dash.

There are webinars for all skill levels, from professional traders to beginners. They are always run by professionals to provide a high level of accurate information. As expected from a broker, ATFX does indeed have an economic calendar. The broker refers to it as a “live forex news calendar.” The calendar is automatically updated so traders can have the latest information. It also includes the ability to check past events in the history.