However, a look at customers who have been served by actual ATFX platforms has good testimonials. Also, it has won reputable international awards for quality customer service in different categories across the globe. It offers support in multiple languages, including Arabic, Dutch, English, Hindi, Vietnamese, Spanish, Thai, Chinese, Portuguese, and Korean. On the ATFX website, you will find free e-books, in-depth trading courses, MT4 and MT5 platform guideline videos, trading strategies and more.
ATFX’s Mobile Trading Platforms
While many are satisfied with the deposit and withdrawal processes, others have expressed mixed feelings about the service and payment options. Many consumers highlight the quality and helpfulness of the staff, with some mentioning specific individuals who provided exceptional support. Companies atfx review on Trustpilot aren’t allowed to offer incentives or pay to hide reviews.
What are the benefits of trading CFDs with ATFX?
Additionally, ATFX’s overnight charges were quite elevated at the time of the review. The fee is charged monthly until activity resumes or the account balance drops to zero. Deposits and withdrawals with ATFX are cost-free, but third-party banking fees may apply. This combination is not particularly suitable for longer-term trading strategies, such as swing or position trading. A swap fee is a trader’s cost for holding an open position overnight because of changing interest rates.
ATFX versus other brokers
These strategies enable fund managers to increase their profit margins, compared to what they would get from single account trades. A minimum of $10,000 is required to open this top-tier trading account on ATFX. In addition, they can operate both live and ATFX demo accounts simultaneously.
It has issued an Excess of Loss policy protecting its clients against the broker’s credit risk and liabilities. In our reviews, we examine the licenses and regulations of each entity operated by a broker, allowing us to compare their different levels of protection. I opened a Standard account with AT Global Markets LLC and performed my tests on the desktop and mobile versions of the MetaTrader 5 platform.
It is also one of the most reliable brokers in the market and is regulated by multiple regulatory authorities across different regions. In this ATFX review article, we have guided you through the services offered by ATFX, its licenses and its regulatory framework to help you make informed decisions. Known as “clone firms,” these imposters typically contact unsuspecting investors/traders out of the blue. Well, there might be a few complaints regarding service experience, but none are about scamming.
- We place strong emphasis on promoting risk awareness and offer educational resources designed to help clients better understand and manage market risks.We would welcome the opportunity to provide further educational support.
- Verification can help ensure real people are writing the reviews you read on Trustpilot.
- ATFX has over 57 trading tools to support all kinds of traders.
- They charge prices of varying rates for a variety of services to make money.
ATFX Introducing Broker Program
However, its trading fees are quite high on instruments from some asset classes. It also incorporates content from Autochartist and Trading Central, affording its clients a deep and comprehensive overview of market development. ATFX maintains an extensive global footprint, delivering localised service and support across multiple regions through licensed entities and regional offices. Glassdoor reviews suggest ATFX offers a friendly workplace and growth opportunities, though some staff highlight concerns with management style and high workloads. Overall, it’s a comprehensive platform that has truly enhanced my trading journey. Moreover, the tools and widgets for market analysis are incredibly useful, and I appreciate the award-winning insights from their analysts.
While we do our utmost to ensure that all our data is up-to-date, we encourage you to verify our information with the broker directly. Currency trading on margin involves high risk, and is not suitable for all investors. ATFX has been a legitimate broker operational since 2017 with a clean track record. The ATFX minimum deposit depends on the account type and ATFX entity, but the minimum deposit for the Standard account is $500. Therefore, I recommend ATFX to beginners, as it is a well-managed brokerage with a clean track record and industry-leading client protection. The minimum deposit at ATFX is $500 ($100 for the Cent account), but the requirement will vary by ATFX entity.
Top 3 Forex Brokers
Funds are returned to the source, such as your credit card or bank account. Yes, ATFX allows trading across Forex, indices, metals, oils, cryptocurrencies, and shares. MT4 is available for PC, Android, iPad, and iPhone, allowing you to trade on any device. 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.
This is highly disadvantageous for users on those platforms. You will be asked to enter this code to log in to your account. This usually means that ATFX users do not need to be worried about their money as it is segregated and safely stored in banks that are established. The more lots traded by the user, the greater benefits will become available. Dealers can expect trading conditions to be fair, honest and transparent. ATFX, though, is much more concentrated on trading volume.
Casual Trading: Acceptable Choice
- Generally, however, when trading CFDs on shares, the broker provides some of the most attractive spreads in the market.
- The broker suggests a fine blend of lower-risk securities, such as ETFs, and higher-yield/risk assets, such as cryptocurrencies.
- You can then start referring traders, using proven methods such as networking, social media, and local partnerships to earn passive income.
- It’s a sneaky way for ATFX to take extra money from you.5.
- Understand the capabilities of the mobile apps of ATFX, Startrader & freetrade below.
The broker also has a Trading Central, a client portal, and an economic calendar, which we discussed in the research and education section. A demo account creates the same feel and environment as a live account; only the funds used are virtual. That said, ATFS has developed multiple investment alternatives to diversify trading opportunities.
Is ATFX a Good Broker for Beginners?
My IB have been trading with ATFX for a long time, no slippage, great service and fast resolution. Very bad broker, you have to suffer to withdraw your money and it’s a must that you loose money with them before that. They have hidden fees in the form of double spreads. We take customer concerns seriously and aim to provide the best possible service.
A good agent can take your initial investments and help to protect it from losses but also give you a platform that can help to provide you favourable profits. We recognize that well-informed decisions with ATFX are the cornerstone of successful trading. Selecting the right broker is vital for your ATFX investments to thrive.
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. In our Trust category assessments, we evaluate factors tied to stability and transparency, including the broker’s longevity, company size, and information transparency. In addition, low-latency trading and stable connectivity can be achieved by implementing ATFX’s VPS hosting.
Web trading has many advantages, from the user-friendly and easy-to-use interface to in-depth charting capabilities, real-time market data, and, of course, access to essential financial assets. MT4 and MT5 are well-known platforms in the trading industry, known for their advanced features, user-friendly interface, and efficient trading tools. The trading platforms the broker provides are the widely used MetaTrader 4 and MetaTrader 5, available in desktop, web, and mobile versions. There are a few additional fees added to common trading fees, like spreads and commissions. The spreads depend on the account type, instrument traded, and the entity under which the account is opened.
Very bad broker
We also offer a range of educational tools to support clients in navigating these services more effectively. Our goal is to always provide excellent service and smooth 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. Multi-award-winning broker known for outstanding financial services by our clients and industry experts Thank you to the customer service team member who seamlessly assisted and guided me to make my first trade… The trading signals and market updates are also well-received, assisting traders in making informed decisions.
This new MT4 trading indicator has been intricately created to make trading easier, intuitive, and more accessible than ever before. Like most brokers, withdrawals can only be made by the same method as the original deposit. ATFX allows deposits and withdrawals in USD, EUR or GBP and charges no fees for any withdrawal over 100 USD. MT4 is available as a desktop download and as a web platform, running in browser.
Very good customer support, Chrstiaan was very polite and helpful in setting up my account. Ensuring that our clients receive top-notch service and seamless trading is always our priority.We look forward to continuing to serve you and ensuring a smooth trading experience.Best regards,ATFX Customer Support Team Thank you to the customer service team member who seamlessly assisted and guided me to make my first trade.I am very happy to be part of the ATFX family now. As a financial broker, our role is to facilitate access to the markets while providing a secure and transparent trading environment. Explore the best Forex brokers for beginners, with user-friendly platforms, educational resources, and demo accounts. 75.12% of retail investor accounts lose money when trading CFDs / Spread betting with this provider.