This is essential for traders, as it makes them calculate the applicable trading fees beforehand. The spreads depend on the account type, instrument traded, and the entity under which the account is opened. The broker has also received several awards for providing good service and prioritizing customer satisfaction.
What you ought to know about trading with ATFX
As to the available instruments, ATFX offers 300+ tradable products, which is considered a good range. However, IC Markets also includes the advanced cTrader, while Pepperstone offers TradingView. Spreads for the Classic account are 1.8 pips, which is a little higher when compared to HFM’s 1 pip and Pepperstone’s 0.7 pips.
ATFX MobileTrader App
However, a look at customers who have been served by actual ATFX platforms has good testimonials. Furthermore, it publishes several market analysis articles covering trading strategies, financial events, market news, and insights. ATFX offers its clients multiple educational resources to help them sharpen their trading skills.
Therefore, I want to caution beginner traders about using demo trading as an educational tool and suggest they consider its limitations. I always recommend that traders check them before evaluating the total trading costs. Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money. Level academic qualifications in relevant degrees, we conduct thorough, unbiased evaluations of brokers to enable traders make informed decisions, using…
However, the broker’s overnight charges are average to high compared to the industry benchmark, making it less suitable for longer-term trading. ATFX offers over 30 lower-risk securities (ETFs) and futures contracts, both of which can be used to hedge medium and longer-term market exposure. It also incorporates content from Autochartist and Trading Central, affording its clients a deep and comprehensive overview of market development.
- Visit the ATFX website and select the option to open a new live trading account.
- I recently opened an account with ATFX after discussing a 30% “loseable” bonus with their manager.
- Funds are returned to the source, such as your credit card or bank account.
- The platform also has an intuitive strategy tester, allowing experienced algo traders to tweak the parameters of their strategies so that they can be used under different market conditions.
- The conversion fee will be dependent on the money you are opting to withdraw in.
- ATFX’s instruments offering is wide and diverse, allowing traders to exploit various trading opportunities.
Most of the brokerage platforms offer less procedures than ATFX ATFX is a lively platform that offers various procedures of online trading. All traders can put aside all their worries when trading using ATFX. These tools are lively and convenient for both the new and seasoned traders.
- ATFX is a lively platform that offers various procedures of online trading.
- The MT5 is a good fit for both new and professional traders, and it comes with an intuitive interface and advanced charting tools.
- Opening an ATFX account is a straightforward process designed to help you get started with trading quickly and securely.
- The minimum deposit at ATFX is $500 ($100 for the Cent account), but the requirement will vary by ATFX entity.
ATFX segregates client funds in reputable financial institutions and is regulated by top financial authorities. You can fund your account using e-wallets, credit/debit cards, and bank transfers. ATFX delivers professional and reliable global support. Traders can reach ATFX support via phone, email, or live chat, depending on their region. Transparent tracking tools and instant payouts ensure a reliable, timely income stream for all successful referrals.
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ATFX ensures traders receive responsive and knowledgeable support. ATFX provides dedicated support to help you choose the right trading account and get started quickly. ATFX IBs earn commissions by referring new traders to the broker.
Trading Tools
It is a common misconception that all brokers are the same, but that is not correct. Of course, there’s absolutely no sure-fire way to guarantee profits; thus, you should carefully analyze your broker before you select them. As such, we’ve provided this comprehensive ATFX review. We recognize that well-informed decisions with ATFX are the cornerstone of successful trading.
Account Types and Benefits
That kind of support is rare in this industry.Honestly, I believe most negative reviews come from people who treated trading like gambling and then blamed the broker when they lost money. Our goal is to always provide excellent service and a smooth trading experience for all of our clients.We appreciate your support and look forward to continuing to meet your expectations.Best regards,ATFX Customer Support Team Whether you’re trading CFDs, forex, or commodities, ATFX is your trusted partner in the financial markets. With a methodology refined through years of industry experience, we empower traders to make informed decisions, which is particularly important when trading high-risk investments such as penny stocks. Major factors in determining the quality of a broker’s offer include the cost of trading, the range of instruments available to trade, and general ease of use regarding execution and market information.
ATFX Phone Support
A swap fee is a trader’s cost for holding an open position overnight because of changing interest rates. I tested ATFX’s spreads on 15 October 2024 during the London and the New York open. In my tests, the spreads were average to high compared to industry standards. 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.
What is the minimum deposit for a standard ATFX account?
It can’t be that atfx review we have to send an email to customer support whenever we want to communicate. ✅ Trade 300+ financial instruments, including CFDs, forex, indices, commodities, shares, ETFs, and more I am very impressed with the personalised and detailed customer service from the ATFX team. Most reviewers were somewhat happy with their experience overall. ATFX customers can trade in shares, ETFs, CFDs, precious metals, currencies, cryptocurrencies, indices, and commodities.
Choose the most convenient funding method and deposit the required minimum amount (this may vary depending on your location and the account type). Once your identity is verified, you’ll be prompted to fund your account. Upload these documents securely through the ATFX account setup page. As part of the account verification process, you’ll need to provide valid identification documents.
Traditional investors will not be able to invest with ATFX as it offers mainly CFD-based products. Through our analysis, the offered trading instruments include Forex, CFDs, shares, metals, oils, ETFs, and indices. Clients favoring Expert Advisors can enjoy the automation of trades through the provided innovative and customizable features.
These accounts offer reduced spread costs, making them appealing for traders prioritizing precise execution. ATFX provides Edge and Premium accounts designed for professionals or high-volume traders. The broker’s transparent fee structure and fast order routing allow traders to keep costs low while supporting effective strategy execution with minimal interference. The broker provides traders with low spreads, seamless execution, and rich learning resources.