There are no bonuses and promotions on offer at the time of writing, as bonuses are prohibited by ATFX’s regulator, the FCA. It goes against our guidelines to offer incentives for reviews. We use dedicated people and clever technology to safeguard our platform. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. Very bad broker, you have to suffer to withdraw your money and it’s a must that you loose money with them before that. Over the years, ATFX has earned numerous awards across various markets.
What can you trade?
However, they do reserve the right to act as a market maker in certain circumstances. The company offers over 200 financial instruments to trade with including forex and CFDs in indices, commodities, cryptocurrencies, and shares. 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. I hope Atfx will reconsider and allow retail traders to register again.
ATFX Account Types and Trading Conditions
And Irelands and allows you to speculate on financial markets using margin. Furthermore, spreads for ATFX spread-betting accounts are generally competitive and start at 0.6 pips. The company provides a market analysis section on its website that offers educational seminars and investment research via reports that cover forex, precious metals, commodities and indices. The company also supports MetaTrader 4 (MT4), which is a popular trading platform among retail traders. ATFX offers the MT4 mobile app available on the App Store and Google Play. You can download the MT4 app on your phone, and through it, you will be able to access your ATFX account.
Demo account
Financial system, and promote healthy competition between financial services providers in the interests of consumers. Compatible across browsers, including Internet Explorer, Google Chrome, Microsoft Edge, Opera, Safari, and Mozilla Firefox, all you need to do is open the browser and log in to start trading. This user-friendly trading solution offers all the features and functionalities of MT4. Since it is web-based, simply launch the WebTrader and start trading online. This reduces intervention from ATFX as a broker, which likewise improves the transparency of trading conditions and improves the trading environment. The Premium account is the ideal account for you if you’re a confident, experienced trader that’s familiar with the online trading industry.
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It also aims to improve financial transparency, efficiency, competition, and consumer protection. 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. That being said, it is not available to clients in certain countries of the world.
- Trading accounts will not be credited until the funds have cleared.
- For high net worth investors seeking to make investments over $10,000, we invite you to reach out to us at [email protected].
- The standard and edge account both don’t charge commission while still offering competitive spreads.
- All the company’s terms and conditions relating to their specific products and services can be found here.
ATFX Customer Reviews
There are no deals, promotions, or welcome bonuses for other countries because they are prohibited by the FCA or other regulatory bodies. However, ATFX does offer various educational services to its professional clients. Pending orders are triggered, transacted, and executed as a market order. The ATFX MT4 download supports all forms of mobile devices and the Windows version offers multilingual and multi-currency trading support to users. That said, there are plenty of learning and support features included on the website that provide beginners with a clear insight into the world of trading and spread betting. Its current location is in Cornhill, the heart of the City of London.The platform and range of trading media available are aimed at professional, experienced day traders.
There are, however, more webinars available from ATFX than many competitors offer. The webinars are free to ATFX clients but do require registration. ATFX does not take any responsibility for the completeness or accuracy of the reports. Even so, the inclusion of the reports for ATFX clients is an incredibly useful tool.
It can lead to a great deal of time savings in research or supplement a client’s other research strategies. There are also filters, including for country, time, importance, and category. Category includes options such as central banks, balance, economic activity, inflation, bonds, and https://forexarena.net/ more. Or you can search for a specific event by name by clicking on the Filters. The research displayed in Trading Central utilizes chartist analysis to determine targets and price direction. It also includes mathematical models to determine timing relevance and confirm directions.
To get started you will have to go on the ATFX official website. Once you are done, you will receive a confirmation email with your login details. Opening a real account is similar to opening a demo one but it will be more time consuming because you will have to fill in a questionnaire with an estimated time of completion of minutes. ATFX offers a Quarterly Market Outlook, allowing you to monitor changes and trends in the financial market with detailed fundamental and technical analysis.
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.
However, customer support is an area where ATFX could improve. Registering for ATFX’s eBooks will help clients understand trading and learn how to enter the financial markets. ATFX’s free educational eBooks mean clients will be able to overcome the struggles of trading by building on existing knowledge of the financial markets. The most notable features of ATFX worth are that they offer decent liquidity, competitive spreads, and offer award-winning customer service.
Usually, forex brokers like to provide one simple web trader for beginners, and MT4 for more advanced traders, so this is definitely a feature that is lacking when it comes to trading with atfx broker review ATFX. When you choose to spread bet with ATFX, there is no UK stamp duty or capital gains tax. There are also no commissions and spreads are competitive, starting at just 0.6 pips.