Also, the support team includes trading experts who can assist with technical support, analysis recommendations, general inquiries, and operational issues. It is worth noting that the brand name ATFX is used by multiple entities operating across different regions worldwide. These entities have established their presence in several parts of the world, such as Europe, Africa, Asia, and the Middle East. Must be really good otherwise there’s no chance of getting these many 5 star reviews with not even one of them star. A lot of the other brokers are out there to scam people’s money.
- When we test a broker’s customer support, we evaluate the agent’s knowledge of their own website, how long it takes them to respond to questions, and how detailed their answers are.
- Well, there might be a few complaints regarding service experience, but none are about scamming.
- ATFX’s transparent fee structure and tight spreads make it a cost-effective choice for traders.
- The broker does not impose a handling fee on deposits or withdrawals, except for a $5 fee for withdrawals below $100 via bank wire.
- It is best to confirm that ATFX is available in your country if it is not explicitly stated.
The ATFX CopyTrade dashboard ranks all the signal providers based on their earnings, risk profile, and win rate, making it easy for followers to choose their preferred signal providers. These services are available in all markets, including China and Southeast Asia. Whether it’s technical assistance or market-related questions, they are there to provide valuable support. ATFX’s customer support team is always helpful and knowledgeable. Whenever I have questions, they respond quickly and provide clear solutions. ATFX’s educational materials are comprehensive and insightful, making it easy for beginners to learn the ropes.
Account Types and Terms
- Since ATFX is a regulated firm, it has a clear complaint-handling procedure.
- Either mobile version has the full functionality and all of the tools of the other versions.
- The competitiveness of ATFX’s fees depends on the instruments traded.
- It features zero commissions and floating spreads from 1.8 pips.
It has issued an Excess of Loss policy protecting its clients against the broker’s credit risk and liabilities. This speaks to its high trustworthiness and adherence to client protection. 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. ATFX has been around for over seven years and operates nine subsidiaries that are licensed and regulated in different jurisdictions worldwide. The broker keeps its clients’ funds in segregated accounts and ensures negative balance protection. It has also issued an Excess of Loss policy for up to USD 1,000,000.
He holds dual degrees in Finance and Marketing from Oakland University, and has been an active trader and investor for close to ten years. An industry veteran, Joey obtains and verifies data, conducts research, and analyzes and validates our content. For professional client applications, please contact email protected. ATFX safeguards its clients’ private and sensitive data under SSL encryption. Your capital will be retained highly secure in top-tier banks.
How to open an account with ATFX?
However, make certain that you know how to make the most of your cash before investing larger amounts. In accordance with the organization’s privacy regulations, customer data is never to be shared with some other institutions or individuals. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. ATFX is a trading partner which has found its way successfully into the broker world.
Overall, ATFX is a reliable broker that is dedicated to offering its clients a platform to trade successfully. Furthermore, the broker has won multiple reputable international and domestic awards for quality service and customer support. Additionally, the recent introduction of Client Funds Insurance offers protection and peace of mind to traders. No matter whether you are new to trading or an experienced investor, ATFX has an account type just for you. The forex broker offers two real trading accounts (one for beginners, one for advanced traders) and a free demo account to practice and test out the ATFX trading platform risk-free.
Market analysis and news
Additionally, the average commission charged by ATFX is $8.77, which is extremely high compared to the average commissions charged by similar brokers. While both ATFX and AvaTrade are well regulated online brokers, there are some differences between the two that traders should consider when choosing a broker. By examining its regulatory status, account types, trading https://traderoom.info/atfx-a-reliable-broker/ platforms, fees, and other key features, we aim to provide an objective assessment of the broker. ATFX’s Standard account offers commission-free trading with floating spreads starting from 1.8 pips. In my tests, the spreads were average to high compared to industry standards.
Overall, all these resources are available at no extra cost with an ATFX account, helping traders enhance their skills and achieve trading success. Once the trading account has been successfully created, clients are free to Trade on every device, including PC, Android, iPad, and iPhone, or via a web browser. All costs are transparent, with competitive spreads and no commission. The Introducing Broker Program offers a rewarding opportunity for individuals or businesses to earn commissions by referring new clients. As a result, this program provides a lucrative way to benefit from expanding the ATFX client base.
In conclusion, ATFX is a forex and CFD broker that offers a range of trading instruments, including forex, indices, commodities, stocks, and cryptocurrencies. The broker provides several account types, each with different leverage options and minimum deposit requirements. ATFX offers clients a range of trading account types to choose from, including a demo account for beginners to practice trading in a risk-free environment. The company also offers tight spreads allowing traders to maximize their profits.
All pending orders connect to company instructions within the server. The pending order is triggered, then transacted and executed in the form of a market order. It is important to remember that pending orders do not have guaranteed execution at their original price. The broker also makes the process of opening accounts quick and easy, allowing for trading right away and also provides a free demo account for testing the system. Jeff Anberg is a Staff Editor at BrokerNotes.co and ForexBrokers.com.
While ATFX supply you all of the tools to make money, they cannot guarantee you will gain. Over 10,000+ users registered with them can affirm to their trustworthy nature. You’ll discover the clean design of the platform along with the commendable features are pleasant to work with. They are regulated by Cyprus Securities and Exchange Commission (CySEC). ATFX is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.