Thứ Ba, Tháng Năm 30, 2023
Google search engine
HomeForex TradingATFX Review 2023 The Broker Stopped Accepting Clients?

ATFX Review 2023 The Broker Stopped Accepting Clients?

atfx broker review

Ancillary services (like the granting of loans needed for margin/leverage) are also included in the package. In the UK, Financial Conduct Authority (FCA) regulates the activities of ATFX. Retail clients registering with ATFX come under the monitoring agency’s Investor Compensation Fund (ICF) in Europe and the Financial Services Compensation Scheme (FSCS) in the UK. The Compensation schemes protect retail investors up to €20,000 and £85,000 respectively if the broker goes into administration. ATFX, formerly Positiva Market (CY) Ltd is a CFD and spread betting broker operating from London.

Traders can look forward to a wide range of trading assets, including nine major stock indices, 43 forex currency pairs, and a handful of major commodities, such as crude oil, silver, and gold. ATFX provide traders with a choice of two primary accounts, including the Edge account and the Standard account. The Standard account will require a minimum deposit of $100 and will offer a minimum spread of 1.2 pips on currency pairs, such as EUR/USD.

MT4 is available as a desktop download and as a web platform, running in browser. ATFX will also support the MT4 Android and iOS apps, for those who wish to trade on the move. Please be advised that certain products and/or multiplier levels may not be available for traders from EEA countries due to legal restrictions. The ATFX educational programme is aimed at making sure clients have all the resources they need to make informed trading decisions. The charting features of MT4 are well known, and in ATFX’s version, all these features are supported.

TurboForex Account Types

Interestingly, the negative balance protection and the free trading tools deal stands for both accounts as well. In the fast-moving world of financial markets, traders can struggle to find ways to optimize their trading performance. ATFX offers one of the most secure, reliable, and trusted banking sections within the online trading industry, ensuring traders can transact on their accounts with peace of mind. The site utilises the latest SSL encryption technology to safely secure all personal and financial information and comes equipped with some of the most trusted payment methods online.

IFX EXPO International 2022: Exclusive interview with ATFX … – FinanceFeeds

IFX EXPO International 2022: Exclusive interview with ATFX ….

Posted: Mon, 27 Jun 2022 07:00:00 GMT [source]

Clients from the European Union or United Kingdom, are covered by the regulators listed below. International clients will be trading with an offshore company based in St. Vincent and Grenadines. They have multiple types of accounts that are available for traders, including a demo for trying out strategies and a professional account. However, professional account holders are elective and to qualify you’ll need to be able to meet ESMA (European Securities and Markets Authority) qualifications and provide evidence. To further promote the program ATFX provides a multi-level commission plan, to encourage partners to bring in more clients, as more clients equal more commission.

ATFX Spread Betting

We also couldn’t find any instances of security issues during our research. This, coupled with the many measures they take to protect users – which we’ll cover in more detail later in this ATFX broker review  – proves this is a broker you can trust. In our opinion, in their own way, ATFX are exactly that, thanks to being exceptional in a wide variety of areas, with low fees being a prime example. ATFX offers Forex, Commodities, Cryptocurrencies, Indices and Shares with a wide range of CFDs for you to consider. This line up means they have a specific audience in mind, but that’s the case for pretty much every great broker we come across.

There are also many free automated trading robots, but many of them are scams and work with unregulated brokers, read more. Funds will be returned to clients with the same payment methods used to deposit. For example, if a deposit is made by credit card, funds will be returned to the same credit card. Webinars will be listed alongside relevant dates, languages, start times and durations, providing much comfort to their clients. Additionally, a description of the webinar will be available to help customers decide if they wish to register for them.

iFX EXPO International 2022 Highlights –

iFX EXPO International 2022 Highlights.

Posted: Mon, 20 Jun 2022 07:00:00 GMT [source]

Best CFD broker for me, I’ve been trading for several months with ATFX, their client service is awesome and the deposits & withdrawals are fast, also safe. ATFX provides negative balance protection for forex spot and CFD trading, but only for retail clients from the European Union. Professional and non-EU clients are not covered by any negative balance protection.

Write a review

This is where to go for details on terms and conditions related to specific services and products. In addition to the regulation, ATFX complies with MiFID, the Directive on Markets in Financial Instruments. The European Parliament and Council adopted this on Nov. 1, 2007.

You can reach customer service from Monday to Friday between 9 am and 5 pm, London time. You can’t set alerts and notifications on the ATFX web platform. This feature is available only on the desktop trading platform.

To this end, the broker regularly attempts to enhance the options for depositing and withdrawing, making the process secure, highly efficient, and easy to use. Founded in 2014, ATFX was created to serve the global financial community of investors in Forex, CFD, bullion, and commodity trading. All of these instruments can be executed on one platform and offer the best opportunities to all investors. To be involved in the community, ATFX sponsors some events. This includes The Duke of Edinburgh Cup, the China Event 2018. ATFX chose to sponsor this particular event since it began in the UK and is promoted in regions worldwide.

Located at the top of the homepage at ATFX are two tabs to register a new account. Traders can either open a demo account or opt-in for the live account. You will first need to select your preferred language of which there are 13, along with personal details, banking information, and referrer information, if any. You will not be able to complete the registration process without providing the necessary documents. ATFX was initially established in 2017 as a liquidity provider for a vast selection of institutional clients. Once the company managed to achieve their objectives with institutional clients, they decided to expand into the retail market.

Trading ideas

ATFX offers a wide selection of deposit methods to transact on your account, including Mastercard, Visa, Neteller, Skrill, Bank Wire Transfer, and None of these deposit methods come with any additional fees, except for the Bank Wire Transfer option that will charge a fee on any deposit less than $1,000. The processing times on all deposit methods is instant, except for the Bank Wire Transfer option that can take between 3 7 business days to reflect the funds in your account. The minimum deposit at ATFX is $100, and traders simply need to choose their preferred deposit method, enter the amount they wish to deposit and click on “Deposit”. The customer service center at ATFX can be reached in a number of ways to resolve any queries or requests you might have pertaining to your trading account.

  • Finally, ATFX supports trading of 50 major shares CFDs from the United States and Germany.
  • It also aims to improve financial transparency, efficiency, competition, and consumer protection.
  • I hope Atfx will reconsider and allow retail traders to register again.

There are some very positive aspects of the broker, such as the availability of the MT4 trading platform as well as the education and resources section of the website. The broker has succeeded to acquire the needed regulation and STP/NDD connection to liquidity providers that removes the conflict of interest and offers traders better spreads and commissions. Once you have deposited funds into your account or have atfx broker review opened a demo account, you will be suggested to download MT4. Doing that takes just a couple of minutes, alternatively, you can also access MT4 WebTrader, a browser-based platform that does not need to be downloaded. Once you access the platform you will have to type in your name and email and the system will generate some login credentials to facilitate your access to the trading platform in the future.

Similarly to the web trading platform, ATFX offers MetaTrader 4 as its mobile trading platform. We tested the fees for the Standard account, which charges no commission but spreads are higher. ATFX offers a multitude of payment methods for traders to choose from, all with appropriate currencies, fees and transaction times.

atfx broker review

Customer service is available in several languages and support professionals seem very dedicated to building and maintaining client relationships. While some say that ATFX do not offer a proper selection of trading accounts, this is far from the truth. While the account selection could in fact be larger, we have found that all trading needs are catered for, through the 4 currently available account types for retail customers. The mobile versions of ATFX’s MT4 offer full Android, iOS and Windows compatibility.

Is ATFX a legit broker?

Is ATFX Legit or a scam? ATFX is a legitimate forex broker that operates under strict regulations. TThis broker is currently regulated by two major financial regulators, the Financial Conduct Authority (FCA) in the United Kingdom and the Cyprus Securities and Exchange Commission (CySEC) in Cyprus.

Since they are segregated, they cannot be used to reimburse creditors. ATFX has a strong commitment to ensuring that client funds remain safe at all times. The company uses the latest encryption technology currently available to protect data. This is combined with effective protection measures and strict supervision. The result is a trading environment that is safe and reliable. This allows partners to earn rebates for clients they refer.

atfx broker review

All the instruments can be executed on one platform and offer the best opportunities to all investors. The demo account acts as a simulated trading experience funded with virtual money and is therefore entirely risk-free. To this end, with this account, it is assumed that professional clients accept the trade-off of fewer protections for higher leverage ratios and more leeway when trading. ATFX offers three types of accounts, namely the Edge Account, the Professional Account, and a free demo account.

The ATFX Affiliate Program is designed to help clients grow their forex business. It includes transparent reporting with plenty of details plus competitive commissions and exceptional customer service. To make use of the affiliate program, you just register to be an ATFX Partner. Take a look at the various ATFX marketing materials so you can increase your conversions. You receive the commission once the client meets a minimum trading threshold. Trading Central is known for its top-tier technical analysis resources.

The platform is fully customizable, meaning you can adjust it to your trading preferences. Whether an experienced investor or a beginner, you will find all the right tools with this platform. Cryptocurrency CFDs aren’t the only thing that can be found as part of ATFX, as there are several other products also available. Specifically, Forex options include major, minor and exotic currency pairs. Indices and shares are available as US, European and Asian Stock Indices. It’s clear when you look at their website that CDFs generally, not just cryptocurrency, are what they give most focus to.

It goes against our guidelines to offer incentives for reviews. We also ensure all reviews are published without moderation. 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. This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution.

You can read all our reviews of more than 500 online brokers, or you can just try a couple of the popular brokers. The platform they use for trading is MetaTrader 4 with support for Windows, iOS, and Android, as well as a WebTrader. They were no strangers when it came to winning awards in the following year of 2019 either. However, this year all of their awards had been customer service related. To add to the previous methods of protection, ATFX is also partnered with EY, a professional audit organization, for added financial security and transparency. Only the funds used for credit card funding are fully returned before other payment methods can be used for withdrawal.

What is the minimum deposit on ATFX?

The minimum deposit at ATFX is $500. ATFX charges $0 for deposits. You can only deposit funds from accounts that are in your name. Visit ATFX's page to start the process.



Please enter your comment!
Please enter your name here

- Advertisment -
Google search engine

Most Popular

Recent Comments