ATFX Review: Is ATFX A Good Broker For You?

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atfx review

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. The company has a strong global presence and license regulated, recently expanding its reach to Australia and Iraq, and more exciting expansion. My IB have been trading with ATFX for a long time, no slippage, great service and fast resolution. FxScouts is committed to ensuring protection of all personal information that we hold, and to provide and to protect all such data.

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. Ida is a financial writer with a degree in Digital Marketing and a strong background in content writing and SEO.

The report has sentiment figures related to both small and large players. It also includes the main strategies and technical for traders, whether they are contrarian or conformist. Remember that for compliance reasons, withdrawals must be returned to your original payment source. In the case of profits on trades from deposits made with a card, the extra funds will go to a bank account. You must also fully verify your ATFX account before you can withdraw funds.

MetaTrader 4 for Windows has multilingual trading support plus multi-currency support. MT4 Desktop offers custom indicators and the ability to customize libraries, EAs, and scripts. All trading on ATFX is done via the popular MetaTrader 4 platform. This platform has support for all types of devices, so every client is able to use it. Because of MT4’s popularity, there are also numerous guides and resources available online.

Trading Software & Assets

  1. Learn2.trade takes no responsibility for loss incurred as a result of the content provided inside of our Telegram groups.
  2. There are reasons to believe that the customer service standards of ATFX broker are quite impressive.
  3. There are guides from experts depending on plans, business goals, and your competitive advantages.
  4. Some regulators enforce stricter financial standards than others, so traders should understand the safety measures of the entity they choose to open an account with.
  5. The broker does not charge any fees for deposits or withdrawals but imposes a $10 inactivity fee on dormant accounts.
  6. It also aims to improve financial transparency, efficiency, competition, and consumer protection.
  7. Essentially, the broker lends the trader money so that they can open bigger positions.

Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines. Very bad broker, you have to suffer to withdraw your money and it’s a must that you loose money with them before that.

  1. MT4 is a powerful trading software and cannot be accessed simply through your web browser like other platforms.
  2. The spot indices on ATFX have low margin requirements and low spreads.
  3. You get the flexibility to adapt to your trading strategy and full support for assets, allowing for diversification.
  4. Plamen’s broad experience has equipped him with the expertise to recommend the best forex brokers.

It has issued an Excess of Loss policy protecting its clients against the broker’s credit risk and liabilities. This speaks to its high trustworthiness and adherence to client protection. I also learned that ATFX has a ‘best execution policy,’ which is a legal mandate to deliver the best price quotes under the prevailing market conditions. ATFX has been around for over seven years and operates nine subsidiaries that are licensed and regulated in different jurisdictions worldwide. The broker keeps its clients’ funds in segregated accounts and ensures negative balance protection.

atfx review

Available Assets and Leverage

atfx review

It features a combination of a 100% margin call and 30% stop-out, which protects less experienced traders against adverse market volatility and the risk of complete account wipeout. Depending on where you live, will determine if your trading account is regulated by the financial authority or not. Clients from the European Union or United Kingdom, are covered by the regulators listed below.

However, the broker’s overnight charges are average to high compared to the industry benchmark, making it less suitable for longer-term trading. 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. ATFX offers MetaTrader 4 to cater to the diverse needs of its clients. By understanding the features and benefits of each platform, you can select the one that best aligns with your trading goals. FxScouts Group’s primary mission to provide unbiased and objective reviews, commentary, and analysis.

User Reviews Widgets

It has also issued an Excess of Loss https://traderoom.info/atfx-a-reliable-broker/ policy for up to USD 1,000,000. ATFX stands out with its nuanced research content and extensive educational materials. ATFX does not have a local support team or office in India so the best method of contacting customer support would be via email or live chat. MT4 comes preloaded with over 30 technical indicators, while giving traders access to 9 different timeframes and several chart types. A lightweight platform, MT4 has enhanced trading speed, while remaining robust and stable on all systems and even over slower internet connections.

ATFX operates as a Straight-Through-Processing (STP) broker without a dealing desk. Client orders are routed directly to the broker’s pool of liquidity providers, where they are filled. MetaTrader 5 is a good option for fast and simple order execution.

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