ATFX: Online Forex and CFD Broker Review 2024

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. This includes market news and analysis for popular products such as oil, precious metals, indices, gold, crypto, and FX majors.

Forex Education Center

The broker’s support is available 24/5 via email, live chat, or phone. Specifically, ATFX Global Markets (Cy) is located at 159 Leontiou A’ Street, Maryvonne Building, Office 204, 3022, Limassol – Cyprus. As said in the beginning of this ATFX review, the brokerage is fully MiFID-compliant. What this means is that customer capital is held in segregated accounts, with reputable European banking institutions.

Does ATFX offer demo accounts?

ATFX has partnered with Lloyd’s of London, the oldest and largest insurance market globally, to underwrite the ATFX Client Funds Insurance. ATFX has partnered with Lloyd’s of London, the oldest and largest insurance market globally, to underwrite the ATFX Client Funds Insurance. Our founders started to see gaps in the (very competitive) market. Surprised, they dug a little deeper and found that there was space for a broker that simply puts the needs of its clients above everything else. The company also maintains offices in offshore locations in Mauritius and St Vincent and the Grenadines. These entities are not as well regulated, although you can access higher leverage ratios when trading through them.

Advanced Trading Tools in MetaTrader 4

• A lot of the other brokers are out there to scam people’s money.
• There are main phone lines available on weekdays between 9 a.m.
• There are more than 50 indicators as well as over 30 tools to analyze charts.
• ATFX provides traders with the latest financial market news and overviews for some of the most popular products including FX majors, precious metals, oil, commodities and indices.
• Yes, you can open an account with ATFX if you are residing in Hong Kong.

We recommend starting from the demo account so please click on the right side button saying “OPEN DEMO ACCOUNT”. Once you have done that, you will be required to provide your full name, email address and phone number. The whole process should take between ten and fifteen minutes. The website claims that no fees apply for deposits, no matter what payment method you choose, including credit/debit cards, e-wallets or wire transfer. A small fee may apply if you are depositing funds with a non-UK credit or debit card, but aside from that, the official website claims that no fees apply.

This only requires opening up a Live Account and then depositing $200. If you have experience trading with ATFX please share your personal review of the broker and what you think are strong and weak points. Compare the markets and instruments offered by atfx review ATFX and its competitors. Please note, some markets may only be available via CFDs or other derivatives. Compare ATFX with the top 3 similar brokers that accept traders from your location. The broker doesn’t have an office in Hong Kong at the moment.

Instruments Traded

Keep in mind that there are specific product specifications for each account type. Those include Retail – Standard Clients, Standard – Edge Account, and Professional Clients. Pending order options include Buy Limit, Buy Stop, Sell Stop, and Sell Limit. All pending orders connect to company instructions within the server. The pending order is triggered, then transacted and executed in the form of a market order.

Remember, ATFX should be a supportive ally on your trading journey. It goes against our guidelines to offer incentives for reviews. We also ensure all reviews are published without moderation. We use dedicated people and clever technology to safeguard our platform.

The conversion fee will depend on the money you are choosing to draw in. This ATFX review breaks down every one of the relevant non-trading fees for you in detail. ATFX, as a business, has a powerful set of rules for ensuring honest trading on its platform. For information encryption functions, it supplies an industry-standard secure socket layer (SSL). ATFX acknowledges the importance of owning a quick order execution. A quick execution will allow users to trade without worrying about slippage safely.

This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong. To be involved in the community, ATFX sponsors some events. This includes https://forexarena.net/ The Duke of Edinburgh Cup, the China Event 2018. ATFX chose to sponsor this particular event since it began in the UK and is promoted in regions worldwide.

ATFX connects traders and investors to the forex and CFD markets, acts as an STP broker, meaning the broker obtains the best spreads and commissions from its liquidity providers. ATFX uses some of the newest technologies to get the best rates from its liquidity providers, removing the conflict of interest between the trader and a forex broker. ATFX is a broker with its headquarters in the United Kingdom, specifically London.

On the flip side, a spread denotes the gap between the buying and selling cost. Funding or overnight rates are people who are charged when you maintain a leveraged position for longer than a day. The minimum deposit you must deposit to get started on ATFX is $100.

The MT4 free download for Android or iOS includes advanced charting, such as rapid analysis and customization, providing users with the flexibility to adapt their trading strategy. ATFX provides a list of default leverages for clients that can be found in its Trading FAQ section. ATFX UK operates a “no dealing desk” policy, reducing broker intervention and improving the transparency of trading conditions and the trading environment. Trading Central is used in 45 countries and is free to access for all platform users.

Holding client funds in segregated accounts ensures the funds are always separate from those of ATFX. Furthermore, if something happens to ATFX and it becomes insolvent, your funds are safe. Since they are segregated, they cannot be used to reimburse creditors. 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.