ATFX provides an average offering in forex and CFD markets, with 44 forex pairs and 150 tradeable symbols available for trading. Ezekiel Chew the founder and head of training at Asia Forex Mentor isn’t your typical forex trainer. He is a recognized expert in the forex industry where he is frequently invited https://forexarena.net/ to speak at major forex events and trading panels. His insights into the live market are highly sought after by retail traders. However, it is important to note that payment systems may charge additional withdrawal fees, and traders should always check with their payment provider for any applicable fees.
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Either mobile version has the full functionality and all of the tools of the other versions. It includes real-time information that helps with the decision-making process. MT4 for iOS or Android also includes advanced charting, such as customization and rapid analysis. You get the flexibility to adapt to your trading strategy and full support for assets, allowing for diversification.
What Is The ATFX Hong Kong Office Address?
The asset list includes 43 currency pairs, among them majors (like the most popular EUR/USD), minors like AUD/CAD, and exotics, such as the EUR/HUF. Overall, ATFX aims to provide a transparent, secure, and efficient trading environment to its clients, while also prioritizing customer satisfaction and support. With this automated trading system clients may create Expert Advisors, software programs enabling traders to constantly monitor the markets. Custom Indicators help traders to predict future price movements by analyzing past and current price information.
What exactly does ATFX offer products-wise?
Stay up to date with the financial markets everywhere you go. Even though it’s the most popular software for traders of all calibers, it would still be handy to have at least a WebTrader version as well. This also includes the transparency of information and the accessibility of useful data. As long as they don’t touch the local markets, their operations will be legitimized and deemed legal by the local authorities, just not on a license-based factor. The broker also features floating spreads ranging from 0.1 pips to 4.0 pips in total. But the display of such information is a bit redundant without context and all of the terms combined in one easy-to-understand review.
- You get the flexibility to adapt to your trading strategy and full support for assets, allowing for diversification.
- They also provide clients with educational resources, including trading guides, webinars, and market analysis to help traders make informed trading decisions.
- Besides, they save a lot of time in research or complement other trader research strategies.
- You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
- The St.Vincent and the Grenadines government has clearly stated that they have no interest in regulating foreign Forex companies on their territory.
Each entity is authorized and regulated by respective financial authorities, ensuring a secure and productive trading environment. ATFX is committed to maintaining the highest financial compliance standards and professional conduct. For the convenience of clients, ATFX offers multiple methods of contacting the team.
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Please note, some markets may only be available via CFDs or other derivatives. That division of ATFX is regulated by CySEC, the Cyprus Securities and Exchanges Commission. CySEC regulation provides brokers with access to EEA and EU countries. Also, the Middle East and Switzerland have access to ATFX UK via CySEC regulation. You should seek independent advice before making investment decisions.
This focus on beginner-friendly content, combined with the support of MetaTrader 4, makes it a viable option for those new to forex and CFD trading. ATFX is a trustworthy broker, authorized by the FCA and holding a moderate trust score, as ranked by ForexBrokers.com. This regulatory oversight assures traders of a secure trading environment, although it’s important to note that ATFX is not listed on any public stock exchange. However, potential clients must be aware of the large number of negative reviews left by its customers on websites like Trustpilot. Even though the broker must adhere to a strict set of regulations, it could still have some features that are not appreciated by its clients. Moreover, the minimum deposit on ATFX is much higher than the one on Alpari.
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.
Moreover, the way ATFX works is by segregating client funds into trust accounts, which are all in the custody of Barclays Bank PLC. This kind of structure creates order in the company as the funds of ATFX are not mixed with those of its clients. Also, it is worthy to note that should in case an issue arises, and the company becomes insolvent, your funds will remain intact. As long as they are segregated, it is impossible to use them to reimburse creditors. – In the following review, we will prove the online broker ATFX and show you the conditions for traders. With more than 9 years of experience in online investments, we will find out if it is a scam or not.
They make an online trading course available to all live account holders and provide an economic calendar on its website. The free demo account is a useful feature for both beginner traders and prospective clients who wish to test the broker’s features before deciding on whether to sign up for a live trading account. There is extraordinarily little information regarding the account features on the broker’s website apart from the range of markets, the platform type, and what traders can expect. Fees are not transparent, and neither are the trading conditions. The trading platforms offered by ATFX are outstanding and EAs are supported.
For further finance transparency, ATFX has partnerships with EY, a professional audit organization. The list of webinars always includes the title, language, date, start time, and duration. You can also read a description of the webinar to help you decide if you want to register.
You can login the first time you’re your name and email address. You will then get some login details that you will be asked to keep in a safe place and that you will need for future access to the platform. ATFX offers the Trading Central, a research and technical analysis tool for all ATFX clients. The Trading Central is one of the most efficient data analysis providers for forex and CFD traders. The broker requires a minimum of $200 as an initial deposit for you to be allowed to access the trading space and start trading forex, CFDs and so on..
More useful information about the broker can be found under trader forums. Whichever route you choose you’ll experience lightning-quick fills through your MT4 platform and some of the lowest transaction costs in the industry. The St.Vincent and the Grenadines government has clearly stated that they have no interest in regulating foreign Forex companies on their territory. They will allow them to register in the country, but that doesn’t mean that their financial regulator will be held accountable for their actions.
In terms of its client coverage, they aim its CFD trading services at retail traders who use or are interested in using the MT4 platform. The minimum amount you will have to deposit to be allowed to access the trading space is $200 for the Standard account. If you see that you are making profits, you can always deposit more. For those who choose the Edge account, the is a minimum deposit requirement of $5,000. 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.
The company’s Trading Central facility is a top-tier technical analysis resource available for professional clients. Trading Central is well-respected among smart traders worldwide, conducting research for over 200 investment banks, brokers, fund managers, and professional dealers. As for educational tools, the ATFX broker does not offer atfx broker review the most excellent variety of resources of this type compared to other brokers but regularly provides free webinars to all its clients. From our experience, the test results and conditions for traders are speaking for themselves. The company is fully committed to ensuring that client funds are fully protected anytime, any day.