ATFX Reviews Read Customer Rating Is ATFX Good & Safe?

atfx forex review

The company has received awards for its customer service that is focused on its 24/5 Live Chat service, although local phone numbers and email support are also available. Traders are also given negative balance protection when trading on a spread-betting account. While hedging is allowed using the spread betting account, scalping is not permitted. Social trading at the company is only available via their collaboration with the MT4 trading software and community. Once logged in to the MT4 platform, you will need to register for your social trading account by clicking on the ‘auto trading’ button. After I start using ATFX, I have never changed to other platforms.

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Spread betting lets you speculate on the rising or falling markets. It includes tools to limit risk, such as stop-loss limit orders and balance protection. Spread betting is popular for traders who want to diversify their portfolios.

  • If you are a beginner, the MT4 platform may appear complex with too many tools and features that make little sense to you.
  • This broker offers trading for a range of assets, including forex, CFDs, and commodities.
  • Commission payments are instant without hidden charges or fees.
  • ATFX is a fast-growing Forex Broker with amazing competitive trading and also spread conditions.
  • For each product, you can view the name, minimum spread, contract size, and minimum and maximum lot size.

Leverage

Scalping is allowed, and automated trading is possible, as already noted. The company also offers the opportunity for clients to trade on raw spreads paired with free VPS. They state that they operate an ECN (electronic communications network) model, using STP (straight-through processing) technology, without any dealing desk interference.

Minimum Deposit

To protect the data of clients, the company employs the latest encryption technology currently available coupled with highly effective protective measures and strict supervision. Knowing this, traders can trust the platform and confirm that the trading environment is truly safe and reliable as it looks. Also, the company offers expert market analysis and trade ideas.

ATFX Customer Reviews

Multi-language support is available 24/5, and real-time information is included that helps the user with the decision-making process. Market orders are forwarded to the market, and then executed at the market’s tradeable price. After execution, information regarding transactions is sent to the MT4 platform.

Social Trading

atfx forex review

These are divided into categories, such as forex majors, minors, and exotics. 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. Please be advised that certain products and/or multiplier levels may not be available for traders from EEA countries due to legal restrictions. Market analysis and account management features can also be used through the web interface. According to the About Us page of the operator, ATFX was launched back in 2014, by ATFX Global Markets (CY) Ltd., which used to be known as Positiva Markets (CY) Ltd.

It is a Registered Investment Advisor with the SEC (U.S.) and SFC (Hong Kong). Crude oil is another highly liquid asset that can be traded with ATFX. There is a vast trading volume; in fact, it has the biggest atfx broker review trading volume of goods in the world. Depending on the country that you sign up for ATFX in, you may have access to a bonus. Compare ATFX with the top 3 similar brokers that accept traders from your location.

Depositing funds into an ATFX account is an easy and secure process. Funding can be done using credit cards, debit cards, or wire transfer, as well as electronic payment methods such as Skrill and Neteller. ATFX does not impose any minimum requirements on deposits or withdrawals, but the payment channels themselves may do so. ATFX also provides unlimited access to Trading Central (subject to account type), which means clients can use this trading tool to make the best of their open positions.

Edge traders will have two private half-hour coaching sessions with Alejandro Zambrano. The trader will be able to benefit by having their trading and strategy questions answered directly from a market https://forexarena.net/ expert with trading experience. Also, they will have the chance to create a completely unique trading plan which suits your needs and goals, with advanced money and risk management protocols in place.

ATFX offers competitive pricing on a wide range of CFDs, including forex, commodities, indices, shares, etc. Very good customer support, Chrstiaan was very polite and helpful in setting up my account. In terms of actually trading, I’m a bit unsure on how the lot sizes work, it’s like 0.01 on every other broker is 0.10 on here. Most brokers have an obvious help center or section with FAQs. Instead, there are webinars and there is ready information for contacting customer support. There are some sections with FAQs, such as those related to trading.

Additionally, swap charges may apply to positions that are held overnight, and these charges can vary depending on the currency pair being traded. Overall, our analysis shows that if we take in considerations all the fees and other charges, the average commission per trade charged by ATFX comes up to $8,77. 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.

atfx forex review

One of the major benefits of trading with ATFX is the availability of different financial instruments. Mr. Alejandro Zambrano who has over 12 years of experience as a professional trader and has been recognized by CNBC, Reuters, and Bloomberg. His specialism lies in both technical and fundamental analysis, and the strategies he teaches aim to enable clients to navigate the financial markets while minimizing risk. ATFX also has super-fast deposit and withdrawal payment systems.

His specialism lies in both fundamental and technical analysis. His strategies aim to minimise risk and help clients to navigate the financial markets successfully. However, it is important to note that MT4 is a trading platform created for more advanced traders. If you are a beginner, the MT4 platform may appear complex with too many tools and features that make little sense to you. Unfortunately, ATFX does not prove users with a simpler, beginner’s option.