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ATFX Review Honest Review of an Honest Forex Broker

ATFX Review Honest Review of an Honest Forex Broker

Transparency is another attractive feature at ATFX thanks to a no dealing desk. All the above-mentioned features make the functionality of the brand exceptional. The user interface is perfect for beginners or trading veterans, and all the necessary tools are available to ensure a hassle-free and memorable online trading experience. ATFX’s atfx broker review Global Chief Market Strategist, Alejandro Zambrano, delivers a daily webinar which discusses the current state and trends of certain financial markets. During these webinars, there are also real-time insights provided to traders. Mr Zambrano shares his wealth of knowledge on the markets, as he holds over 12 years of experience.

ATFX does not provide a great deal of information when it comes to special features or services. There are some basic features that can be considered to be fairly positive. In this paragraph, we will discuss things such as the leverage, spreads, withdrawals, software and various other aspects of the company.

Yes, ATFX allows traders to tailor their trading experience to their individual needs and preferences. You can choose from different account types, leverage levels, and access various trading tools. Overall, ATFX’s fees and commissions are highly competitive when compared to other brokers in the industry.

ATFX Current Popularity Trend

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 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. Traders can learn where to place stop-loss orders and where to take profit orders, as well as knowing how to manage leverage.

  • To open a demo account, first fill out a simple registration form by entering your name, email address, telephone number and country of residence, along with the virtual trading amount.
  • With debit cards and credit cards, transactions are completed instantly, and bank wires are processed according to the bank in question.
  • Remember – there’s a difference between trading U.S. stocks as CFDs (tradeable instruments that track the price of an underlying security or asset) and being able to own the underlying stock.
  • The user-interface is intuitive and easy to use, making it ideal for beginners to effortlessly get acquainted with the software.
  • ATFX provides competitive spreads with no commissions, except for Edge accounts.

Opening positions, using technical indicators and various other trading tools, and checking one’s trading history is possible through the Web Trader as well. While the Web Trader is a simpler version of the full MT4 platform, it does offer full market coverage, one-click trading and advanced charting features. So, irrespective of your experience or trading style, you are covered. Coming to the asset classes, you can choose from a range of CFDs in FX, commodities, indices, and cryptocurrencies. For some reason, ATFX has not included CFDs in shares or ETFs, one of the reasons for the small number of financial instruments on offer.

Which platforms are supported by ATFX?

I have worked with other brokers and definitely none have given me the experience that ATFX has, switching to ATFX has been the best decision I have ever made. Market analysis and account management features can also be used through the web interface. Yes, ATFX is regulated and licensed by the Financial Conduct Authority.

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. A small fee may apply if you are depositing funds with a non-UK credit or debit card, but aside from that, the official website claims that no fees apply. Besides, the broker’s Web TV provides financial markets commentary, market overview and trade ideas. You can also register for the seminars, webinars which the broker conducts from time to time. On the Standard, Edge and Professional accounts, our reviewers found that AFTX does not charge any commission as fees are incorporated into the spread. This is great news, as you’ll also find that AFTX’s spreads are low compared to similar brokerages.

Can ATFX be trusted? Are they a legitimate brokerage?

The low spreads and commissions make it an excellent choice for those looking to save money on their trading activities without sacrificing quality or performance. With its wide selection of leverages and one-click execution, it’s easy to see why so many traders have chosen ATFX as their go-to broker for Forex trading. AtFX is a reliable and safe forex broker with multiple licenses across Europe. They also offer customer support 24/7 via live chat, email, or telephone.

This does not displace the fact that the platform is a good one on a general level. You can trade currencies (forex), commodities, cryptocurrencies, indices, and shares by starting with a low amount of money. – In the following review, we will prove the online broker ATFX and show you the conditions for traders.

Once logged in to the MT4 platform, you will need to register for your social trading account by clicking on the ‘auto trading’ button. While ForexBrokers.org has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Yes, you can find reviews and testimonials from ATFX users online to gain insights into their experiences with the platform. The Best and the most generous broker in terms of Forex Education and support to their clients.

Trading Platforms And Tools

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. According to the said page, the decision to launch this retail-oriented trading destination was made after the company had already achieved success at an institutional level. This is a high-risk investment and you should not expect to be protected if something goes wrong.

Review of the conditions and offers

This is because this broker executes orders immediately at market conditions. At the time of writing, ATFX did not offer any specific bonuses or promotional deals to retail traders. CFDs and Forex are not only complex instruments, but they also have a high level of risk which may result in loss of funds that exceed the trader’s initial deposit. Investors must understand and acknowledge these specific characteristics and risks and be warned that there is no EU regulatory framework governing trading in cryptocurrency products.

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. ATFX offers a decent variety of trading products for you to choose from compared to other forex and CFD brokers such as Coinbase and Plus500. There are over 80 assets you can choose from, including stocks, forex, and indices. ATFX is a Forex brokerage registered and licensed in the St.Vincent and the Grenadines. It seems to have been operational for about a year now, which gives it at least some kind of experience in the financial markets. The full, downloadable version of the platform is obviously more powerful and it delivers all the features one might expect from MT4.

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. Take note that this will be focusing completely on the FX side of ATFX and not the CFDs they offer on any other financial assets.

During this review our experts found the ATFX website to run perfectly on both mobile and tablet, in addition to desktop. The website is easy to navigate on all devices, and you can fund your account on the go too. You’ll also be able to rest easy knowing that AFTX payments are always secure. The site operates with SSL-encryption and the broker even has a dedicated support email address for queries about transactions ([email protected]). I have worked with other brokers and definitely, none have given me the experience that ATFX has, switching to ATFX has been the best decision I have ever made.

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