ATFX Review 2024: Is ATFX Scam or Legit Forex Broker ️

They offer trading on MT4, Mac, Web Trader, Tablet & Mobile apps which allow this. If your balance is negative, ATFX indicates you promptly contact client services. With this, you are able to correct any imbalances in your account. The first kind of charges to keep an eye out for are trading charges.

Mobile Trading

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 atfx broker review are also included in the package. 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.

ATFX Alternative Brokers

If your Edge Account drops below the $5,000 equity minimum, ATFX may change it to a Standard Account. 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. MiFID regulates financial instrument markets for providing investment services as well as activities, specifically in the European Economic Area. This EEA includes all 27 member states of the EU in addition to Norway, Liechtenstein, and Iceland.

Edge Account

You will not be able to complete the registration process without providing the necessary documents. ATFX Global Markets Limited is essentially a European trading company operating from Cyprus and is regulated and licensed by the Cyprus Securities and Exchanges Commission. The regulatory supervision and compliance are not only enforced by the laws of CySEC, but also by the MiFID (European Markets in Financial Instruments Derivatives) guidelines. The license by CySEC guarantees EU access to the company, while the EEA (European Economic Area) enables the company to provide its services to all EU nations. ATFX was initially established in 2017 as a liquidity provider for a vast selection of institutional clients.

Account Types Offered by ATFX

  1. In the case of bank transfers, your bank may charge you for transfers.
  2. ATFX, as a company, has a strong collection of rules for ensuring fair trading on its platform.
  3. ATFX offers an Edge Account that has better spreads and faster speeds.
  4. ATFX offers a wide selection of deposit methods to transact on your account, including Mastercard, Visa, Neteller, Skrill, Bank Wire Transfer, and

However, the Bitcoin CFD spread starts from 40 pips, which sounds like a lot, but is rather competitive in the industry. Nonetheless, traders can trade Ripple (XRP) CFDs for as low as 0.5 pips spread. AT Global Markets (UK) Limited was founded in 2017, and has its registered office in the financial hub of London, in City. Its office is located on the 1st Floor, 32 Cornhill, in London, and it’s regulated by the FCA in the United Kingdom.

ATFX is a member of the Financial Ombudsman Service (FOS), pledges data protection, while all client funds are in segregated accounts, and come under multiple investor compensation schemes. The company also maintains offices in offshore locations in Mauritius and St Vincent and the Grenadines. These entities are not as well regulated, although you can access higher leverage ratios when trading through them. As with most platforms, the company pays withdrawals into the same account from which they made the initial deposit. They also provide an economic calendar and free quarterly market outlook containing longer-term analysis that covers all of the markets ATFX offers. There is one unusual practice that the broker takes a one-minute trading break each day around midnight (GMT+2 or GMT+3 during Daylight Savings Time).

There are also filters, including for country, time, importance, and category. Category includes options such as central banks, balance, economic activity, inflation, bonds, and more. Or you can search for a specific event by name by clicking on the Filters. The research displayed in Trading Central utilizes chartist analysis to determine targets and price direction.

In terms of its client coverage, they aim its CFD trading services at retail traders who use or are interested in using the MT4 platform. The company also supports MetaTrader 4 (MT4), which is a popular trading platform among retail traders. ATFX also supports deposits using a handful of e-wallet providers such as Neteller, Skrill, and SafeCharge.

ATFX is well-suited for beginners, offering a range of educational videos that cater to new traders. This focus on beginner-friendly content, combined with the support of MetaTrader 4, makes it a viable option for those new to forex and CFD trading. ATFX is a co-brand shared by several entities, including AT Global Markets (UK) Ltd, ATFX Global Markets (CY) Ltd, AT Global Markets Intl Ltd, AT Global Markets LLC, etc. Each entity is authorized and regulated by respective financial authorities, ensuring a secure and productive trading environment. ATFX is committed to maintaining the highest financial compliance standards and professional conduct. ATFX has invested heavily in a comprehensive set of resources for beginner traders.

So, make yourself comfortable, grab a cup of coffee, and immerse yourself in learning about ATFX and how it can work to your advantage, or if ATFX might not be the right fit for you. This ATFX review has been updated for 2024 by industry experts with years of financial experience in Forex, CFDs, & Social Trading. We have worked to gather hundreds of data points about ATFX to give you the most comprehensive guide available. To give traders confidence in the Trading Central information, it is part of three different associations for Independent Research Providers. It is a Registered Investment Advisor with the SEC (U.S.) and SFC (Hong Kong). The use of Expert Advisors allows for automated trading strategies.

To bring transparency to the forefront, we have published our review process that includes a detailed breakdown of the ATFX offering. Each one of these is graded, and an overall score is calculated and assigned to the broker. ATFX has partnered with Trading Central, the world’s best market analysis resource. ATFX also hosts video clips of Trading Central analysis, these are updated on an hourly basis.

You can then click on the signals tab in the toolbox window positioned at the bottom of the platform’s display to choose trading signals that you wish to follow. ATFX has gained the reputation of running a smooth operation within a relatively short period. While its primary market is in the UK and European markets, it has been gradually establishing a foothold in South East Asia and Middle Eastern countries. Traders can fund their account with a deposit of $€£500 deposit. Also, they’ve added Autochartist analytics to their WeChat Account for their Chinese clients.

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. Steven Hatzakis is the Global Director of Research for and Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. My IB have been trading with ATFX for a long time, no slippage, great service and fast resolution.

This particular event is long-standing, with 18 years of events. Over 20 countries from five continents have participated and there have been over 134 tournaments. Since ATFX is a regulated firm, it has a clear complaint-handling procedure. Over the years, ATFX has earned numerous awards across various markets. It was named the Best NDD Forex Broker 2018 from the Online Personal Wealth AwardsMoneyAM.

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