The data within this website is not necessarily real-time nor accurate and do not represent the recommendations of the employees. Before deciding to trade currency or any other financial instrument please consider consider your investment objectives, level of experience, and risk appetite. While we do our best to provide up-to-date information, we strongly encourage you to verify it directly with the broker of your choice. ATFX UK has four different types of accounts, all with different minimum deposit requirements. For instance, the minimum deposit required for the professional account and edge account is $€£ ۵,۰۰۰٫ For the premium account, you will need a minimum deposit of $€€ ۱۰,۰۰۰ while that of the standard account is $€£ ۵۰۰٫

• The broker has regulations by FCA, CySEC, and an offshore regulation from FSC Mauritius.
• The spread for the Standard account is an impressive 1.0 pip.
• Comments that contain abusive, vulgar, offensive, threatening or harassing language, or personal attacks of any kind will be deleted.
• We are sure this ATFX broker review will be able to provide the readers and other stakeholders with the right information and knowledge based on which they can make the right decision.

We have included a list of some of the most common funding options that ATFX Global provides to its traders. Stop losses , limit orders, negative balance protection, price alerts, and other risk management features are available through ATFX. Margin requirements vary by trader, account, and instrument, as they do with most brokers.

Besides bank transfer, you can deposit money via credit/debit cards, and electronic wallets such as PayPal, Skrill, Neteller or SafeCharge. For non-UK clients, alternative e-wallets like Trustly are also available. These catch-all benchmark fees include spreads, commissions and financing costs for all brokers. So how did we approach the problem of making their fees clear and comparable?

Trading Central

Together with the Cyprus Securities and Exchanges Commission and the MiFID, it is one of the most trusted and well-reputed regulatory agencies in Europe. Brokers that are FCA-regulated have to comply with certain standards aimed at protecting users. ATFX is regulated revolut asking for pps number by several regulators including The Financial Conduct Authority which is the most trusted regulatory agency in Europe together with CySEC. ATFX is also regulated by the Cyprus Securities and Exchange Commission , and Market in Financial Instruments Directive .

These are names to protect consumers, to protect and enhance the integrity of the U.K. Financial system, and to promote healthy competition between financial services providers in the interests of consumers. ATFX is highly regulated in order to offer a safe and secure trading environment for its clients across several jurisdictions. MT4 for Android offers all the same features as that for iPhone, including forex, CFDs, and more in a simple, convenient, and customized way.

Can You Open An Account?

They are also very helpful and knowledgeable, giving you serious answers for a serious platform. ATFX may also ask things about your financial situation, experience and knowledge, so they can help you achieve your financial goals. Verification can take up to two days and you should receive confirmation via email. ATFX also benefits from an excellent reputation amongst both customers and critics alike. 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.

Instead, there are webinars and there is ready information for contacting customer support. There are some sections with FAQs, such as those related to trading. Overall, however, there is no convenient way to find information on other FAQs. It would be nice to have a dedicated section for information such as this. It would make it easier to open an account, fund the account, and do basic troubleshooting without contacting ATFX. ATFX has a strong commitment to ensuring that client funds remain safe at all times.

This is a highly popular and attractive option and could be considered the most adopted platform when it comes to Forex trading. This is due in part to how accessible MT4 is, with download options available for Windows, as well as the App Store and Google Play. We introduce people to the world of currency trading, and provide educational content to help them learn how to become profitable traders. We’re also a community of traders that support each other on our daily trading journey. ✅ Regulated – CySEC, FCA, MiFID ✅ Company – ATFX Global Markets Limited.

It has to be noted that traders are required to keep at least $5,000 in their Edge accounts, to maintain their status. ATFX reserves the right to change Edge accounts to Standard in the event this minimum equity is not maintained. There’s flexible, non-stop long/short trading, which in Forex terms translates to 24/5. The asset list includes 43 currency pairs, among them majors (like the most popular EUR/USD), minors like AUD/CAD, and exotics, such as the EUR/HUF.

As for the forex minors, the minimum spread starts from 0.9 on pairs such as CAD/JPY and AUD/NZD and goes up to 2.8 for the GBP/NZD pair. For the exotics, the minimum spread starts from 10 pips for the EUR/HUF pair and goes up to 128 for USD/RUB. 68% of retail investor accounts lose capital when fortmatic wallet withdraw trading CFDs with this provider. Cryptoassets are unregulated in some EU countries and the UK. As for educational tools, the ATFX broker does not offer the most excellent variety of resources of this type compared to other brokers but regularly provides free webinars to all its clients.

If you have a demo account, you will be given $100,000 to trade, whilst if you are trading live, you will have as many funds as you deposited in the previous stage. ATFX is a regulated Forex Broker based in the United Kingdom, specifically in London. This broker allows trading with a wide variety of markets, including Forex, CFD, and raw materials. There are various types of accounts available for all sorts of clients, even for professionals.

Instruments Traded

However, choosing the right platform in a highly competitive online environment is not easy. It requires spending time, doing the right research and then deciding as to which is the best option. One of the regulated brokers that we recently use in Forex Academy is ATFX.

This is a good option to get tighter spreads or different leverages. Overall, there are 4 different account types which we will show you in the next table. If you make a bigger deposit you will trade with better trading conditions. ATFX offers four account types, which differ in the required minimum deposit, pricing, leverage, and the availability of additional services. This company, which is located in Cyprus, describes themselves as being focused on excellence and explains that they were established with the goal of being the top liquidity provider for their clients. ATFX is regulated by CySEC, so one should be able to feel comfortable trusting this broker with their funds.

Access to the Trading Central provides data analysis and technical strategies for a plethora of trading instruments, such as currencies, commodities, indices and precious metals. When creating a demo account, you can select the amount of “funds” the account will have available to it. Furthermore, traders have access to over a dozen indices, alongside stock CFDs and cryptocurrency CFDs.

️low Minimum Deposit

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. Clients do not need to pay any registration fee when they open a live trading account with this broker. Neteller and Skrill are not yet available through this broker, although their website promises that they will both be available soon. Funds are credited straight to the client’s account when using credit or debit cards, although wire transfers could take several days to clear. All payment methods are very secure and are protected by encryption technology to protect clients’ personal and financial details from cybercrime and hacking.

However, in the past ATFX has offered a $100 USD welcome credit promotion. Since ATFX operates in various regional jurisdictions, the leverage ratios differ according to the applicable regulation in those jurisdictions. Withdrawals are also offered free of charge from ATFX, though charges from banking institutions may apply. Deposits are offered free of charge from ATFX, though charges from banking institutions may apply. Finding a reputable ATFX review local or worldwide can be a difficult process, especially finding a complete list from a trustworthy reputable source.

The company is headquartered in the City of London and is regulated by the Financial Conduct Authority . They also ensure that client funds are held in segregated accounts, separate from the company’s own capital. The group AT Global Markets is also a member of the Financial Services Compensation Scheme , this covers eligible investments of up to £۸۵,۰۰ per person, per firm. Overall, ATFX does not charge any deposit and withdrawal fees and offers a fair selection of payment methods. The most popular payment option is MasterCard or VISA credit and debit cards, but you can also use e-wallets such as MoneyBookers, Neteller, and others.

How We Review Brokers

In most cases, traders have found that the entire process is completed within 24 hours or one full day at the most. You have to initiate the account opening process by entering your personal details. If you ask any expert they will have many good things to tell about the MT4 platform. It comes with a number of user-friendly tools and other such features. Also, it is available in the basic form and the same can be used for buying as well as selling. A few other countries where ATFX trading is not allowed include countries like Syria, Iraq, Ethiopia, Sudan, Canada and DPRK or the Democratic Peoples’ Republic of Korea.

Compatible across browsers, including Internet Explorer, Google Chrome, Microsoft Edge, Opera, Safari, and Mozilla Firefox, all you need to do is open the browser and log in to start trading. This user-friendly automated arbitrage betting trading solution offers all the features and functionalities of MT4. With ATFX’s MT4 WebTrader, you just need to log in to trade. Since it is web-based, simply launch the WebTrader and start trading online.

Analysis Material

However, services can be offered by third party locations only when they are authorized by the local authorities to offer these services to their clients. This is an important directive that was adopted by the EU Parliament on Nov 1, 2007. The main objective of MIFID is to ensure that the financial instrument markets are regulated. However, they are strictly regulated and this goes a long way in ensuring that the money of the client stays protected and the clients are treated fairly at all points in time. It would also be pertinent to mention that apart from Malaysia and other countries, they are also actively present in North America and the Middle East. It also would not be out of place to mention here that the entire process of opening accounts is safe, easy, efficient and quick.

If you are able to qualify for the Edge account you will be getting the very best of what they have to offer. Advanced traders will, however, appreciate the Trading Central integration that includes Chartist Analysis, Mathematical Models, Japanese Candlesticks and their signals, and various indicators. There is also an economic calendar available from ATFX, with the expected information, such as time, date, currency, description, importance, actual, forecast, and previous.

ATFX strives forexcellence in its customer support, offering tailored, multi-lingual customer services and trading support. With astate-of-the-art, mobile-compatible Client Portal and 24/5 support service, the company offers prompt and responsive services to enhance the client experience.. To add on to these resources, it consistently enlightens traders on the financial events affecting global markets. This approach is meant to equip the demo account and live account holders with the information needed to increase their risk-to-reward ratio when trading. For the standard and edge accounts, the spreads start from 1.0 pips and 0.6 pips respectively.