Contents:
MT4 offers a wide range of chart analysis tools, including more than 30 indicators and technical analysis tools. Set your own parameters, display options and chart types to create your own tailored trading experience. As an ATFX trader, you can enjoy the many benefits of MetaTrader 4 – the most popular trading platform in the industry. The ATFX minimum deposit for the Standard Account is just £/€100, for which you get a commission-free trading account with market spreads. The spreads for the Standard account starts from 1.0 pip which is indeed comparable to the spreads offered by other STP trading accounts in the market. This ATFX review examines an STP forex broker who has earned trust and respect from hundreds of traders thanks to its active approach which focuses on trader welfare.
ATFX overall trading volume rises 18% in 2021 LeapRate.
Posted: Thu, 10 Feb 2022 08:00:00 GMT [source]
ATFX is regulated by several authorities – including the top-tier FCA, which grants strong investor protection. However, ATFX is not listed on a stock exchange and doesn’t disclose financial information. Changing the leverage manually is a very useful feature when you want to lower the risk of your trade. Be careful with forex and CFD trading, since the preset leverage levels may be high.
These include Asia IRP, Euro IRP, and Investorside Research. It is a Registered Investment Advisor with the SEC (U.S.) and SFC . For each product, you can view the name, minimum spread, contract size, and minimum and maximum lot size. Keep in mind that there are specific product specifications for each account type.
BrokerChooser gave ATFX a 3.3/5 rating based on analyzing 500+ criteria and testing via opening a live account. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The vast majority of retail investor accounts lose money when trading CFDs / Spread betting with this provider. You should consider whether you understand how CFDs / Spread betting work and whether you can afford to take the high risk of losing your money. This includes unlimited access to TradingCentral , where you can use expert market analysis derived from automated third-party services. This is completely unbiased, customizable, and spans over 8,000 financial instruments.
ATFX is very much a regular brokerage that bears a resemblance to some of the most widely established service providers in the market. ATFX adopts a popular business model, whereby the company has installed various services to ensure that it provides a competitive product that is able to stand on its own. This includes the very popular MT4, licenses from the FCA. We review all brokers to astrict and unique methodology, to ensure that we only promote high quality brands that you can trust.
The news feeds are OK, focusing mainly on the movements of technical indicators. On the flip side, more complex news items, such as those covering major economic events, are missing. Technical indicators and other technical tools, such as trendlines or Fibonacci retracement. You can’t change the default leverage level of the products.
MetaTrader 4 also has a WebTrader which is optimized to maximize web-based performance. It works in all browsers and does not require any download whatsoever. This particular version of MT4 is designed for convenience. It even incorporates real-time information, so traders can make their decisions with all the available information. It also includes the full flexibility of the Desktop platform plus advanced charting.
You can download the MT4 app on your phone, and through it, you will be able to access your ATFX account. 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. https://forexarena.net/ 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.. Another positive thing about it is that no fees are charged, no matter what payment method you choose, be it debit or credit cards, e-wallets or wire transfers.
You can contact a member of staff Monday to Friday from 9 am to 5 pm. You can contact them by phone, email or through the live chat. There is also a phone number available if you are calling from outside the UK. No information is provided on fees charged for withdrawal requests. It offers a comprehensive education and analysis sections.
MT4 comes in 3 versions, covering Windows, iOS and Android compatibility. All three versions carry all the capabilities of the Windows-based platform. One-click trading, and the history of the trading operations are also included in the package. Create an account and try the demo account to see if it is as helpful and explicative as it is supposed to. We tried contacting customer support within office hours and they responded quickly and efficiently.
Similarly to stock index and stock CFDs, the fees are built into the spreads. To have a clear overview of ATFX, let’s start with the trading fees. To read much more details about the broker’s services and features, expand on the sections below.
This allows partners to earn rebates for clients they refer. There is no concern about complexities during the integration process into ATFX. As an Introducing Broker, you just introduce the atfx trading platform client. 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.
The company offers over 200 financial instruments to trade with, including a range of forex pairs, and CFDs in indices, commodities, cryptocurrencies, and shares. The broker does not offer very detailed information on its trading security measures. The broker offers clients protection through the investor compensation fund of up to €20,000. Moreover, ATFX offers traders negative balance protection that ensures that traders will not lose more money than deposited. This time, the report focused on ranking brokers by their MT4/MT5 trading volume, user activity, industry information interpretation and critical financial market events.
We ranked ATFX’s fee levels as low, average or high based on how they compare to those of all reviewed brokers. ATFX has low forex fees, as well as no inactivity and withdrawal fees. The opinions expressed in this Site do not constitute investment advice and independent financial advice should be sought where appropriate. ATFX also has its own self-developed accounting system which is automatic. It ensures that withdrawals are only possible when the identity of the client matches the information on the account. For further finance transparency, ATFX has partnerships with EY, a professional audit organization.
This is because, in the past 12 months, it has failed to pass our initial screening process and is not recommended by our team of experts. As such some of the information found here may be out of date. You’re working hard for your future, but are you getting the most from your efforts? Avantax may be able to help your money work harder by combining comprehensive financial planning capabilities with strategies to help minimize your tax burden. Whatever your dreams, we want you to keep more of your money.
The webinars are free to ATFX clients but do require registration. To help traders make educated decisions, ATFX has a daily market report. This includes the latest overviews for sentiments and technical elements. 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.
Updates focus on specific products and include predictions, influences, and more. The iPhone MT4 application includes the most useful features, such as EAs and customizable indicators. 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.
Read the “Risk Disclosure Statement” for further details. With over 10 years of experience in financial industry, our teammates have to provide professional, localised services for our clients. Currently our services are provided in 13 languages include English, Cantonese, Mandarin, Spanish, Italian, German, Arabic, Vietnamese, Thai, Uyghur, etc. The ATFX Financial calendar provides a real-time summary of major economic and financial events and upcoming data series. It helps investors view the financial calendar in real time and get a handle on economic facts and data.
This includes all documents related to compliance and regulation. They span categories such as general, CFDs, and spread betting. This is where to go for details on terms and conditions related to specific services and products. The indices section at ATFX offers access to a wide range of underlying assets, such as the SPX500, US30 and NAS100. There’s flexible, non-stop long/short trading, which in Forex terms translates to 24/5. 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.
This only requires opening up a Live Account and then depositing $200. Once you trade six lots, the credit becomes withdrawable. To deposit funds into your ATFX account, just log into your account.
Once you’ve done that you are free to trade as much as you want. After you’ve created your account you can move on to the deposit page to place funds in your account and start live trading. You will have to deposit at least $200 to be allowed to start trading. The platform can be downloaded on your desktop, as well as on your mobile and it only takes a few minutes.
Oil trading – like the trading involving most of the other available assets – is CFD-based, which means that traders never gain actual possession of the traded asset. They just exchange contracts based on the value of the underlying asset. Assess based on trading experience, availability of support, profit potential and more. The minimum amount you are required to deposit in order to start trading is $200 for the Standard account and $5,000 for the Edge account. 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.
Recent Comments