ATFX Review 2023 Pros and Cons Uncovered

These partners do not control the content on the page beyond providing us with datapoints to ensure that the information in our database is accurate. The datapoints provided are used to calculate a rating based on what we beileve has the most benefit to our users. Our proprietary rating algorithm takes all of the datapoints to generate the rating. This keeps things fair and removes human bias to ensure that our users can compare brokers easily and find the best ones for their needs.

In addition, ATFX offers you the option to launch the platform on your browser. One of the advantages of ATFX is the ability to trade the MT4 via the user’s dashboard. There is not much information provided on the supported countries. However, the broker is regulated in the European Union and MiFID, meaning ATFX can provide its service in most of the countries in the globe. It is currently owned and operated by AT Global Markets and is registered at the 1st Floor, 32 Cornhill, London EC3V 3SG, United Kingdom.

You can also register for the seminars, webinars which the broker conducts from time to time. Has clearly explained the different types of ATFX market assets and how to trade with them.What is mt4? Are explained in a useful way for beginners or those who do not know about MetaTrader 4. They have also given a lecture on how to use the demo account with avideo tutorial.

However, they do reserve the right to act as a market maker in certain circumstances. The company offers over 200 financial instruments to trade with including forex and CFDs in indices, commodities, cryptocurrencies, and shares. Trading financial products carries a high risk to your capital, particularly when engaging in leveraged transactions such as CFDs. It is important to note that between 74-89% of retail investors lose money when trading CFDs. These products may not be suitable for everyone, and it is crucial that you fully comprehend the risks involved. Prior to making any decisions, carefully assess your financial situation and determine whether you can afford the potential risk of losing your money.

Experience award-winning customer support

In the unlikely event of ATFX insolvency, segregated client funds cannot be used for reimbursement to ATFX creditors. The more money you invest, the lower spread you can get. Additionally, for the Premium account, the broker allows access to all educational materials, one-on-one coaching with a chief market strategist, and a free VPS. The financial products offered by the promoted companies carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.

Our review experts discovered that ATFX has been operating in the financial market since 2014 when it was initially known as Positiva Markets Ltd. In its earlier guise, ATFX served as a liquidity provider for large institutional traders, providing spot FX for large trade volumes. If a broker has a score less than 80, like this one, we won’t recommend it to you. So that we don’t waste your time, we don’t update these reviews either. We know you don’t want to read a long review of an untrustworthy broker. Instead, you can use the tool below to find a high-scoring broker that accepts clients from your country.

Mobile trading platform

Decent and stable https://traderoom.info/ platform, quick execution of trades, and fast withdrawal process. I think what they need to improve is their customer service. There were numerous times where I couldn’t get hold of their support, no response for straight 3 days, especially during this COVID-19 pandemic. ATFX is a relatively new Forex and CFD broker that has created quite a buzz among traders. Over the last three years, ATFX has gained the trust of Forex brokers by offering competitive spreads and unmatched customer service that landed the company several high-profile awards. In 2019, ATFX also earned the World Forex Awards for providing the best trading educational program in the industry.

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. This occurs when the market price reaches the correct point. It is important to remember that pending orders do not have guaranteed execution at their original price. Remember that for compliance reasons, withdrawals must be returned to your original payment source.

Pro’s & Con’s Of Trading With ATFX

You will have fewer restrictions and more options to trade in the Professional account compared to the other accounts. As an ATFX premium account holder, you can have access to Private ATFX events. ATFXprovides a trading platform to runs on both Mobile and PC. They offer the well-knownMetaTrader 4 trading platform onWindows OS, Mac OS, Web trader, Android, andiOS.

• You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money.
• The minimum withdrawal amount is€/$/£100.Any amount above €/$/£100 can be withdrawn free of cost, even the full balance of the account.
• The broker has a client portal that is state-of-the-art and relies on the leading encryption systems.
• It has features like customizable indicators, multi-language support, real-time market information with24/5customer service.
• There are some very positive aspects of the broker, such as the availability of the MT4 trading platform as well as the education and resources section of the website.
• We were impressed by how ATFX provides a clear view about the impact of major financial and economic events.

Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence or obtain advice where necessary. This website is free for you to use but we may receive a commission from the companies we feature on this site. After this, you need to download the MT4, create an MT4 account, deposit funds to your account, move it to MT4, and then start trading. The process of registering for an account with ATFX is very simple. If you are a starter, we recommend that you start by creating a demo account.

How to open your account

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. This includes a full response as well as an explanation. The staff at ATFX all undergo complaint-handling training. In most cases, ATFX is able to resolve complaints early on.

Although ATFX was launched in late 2014, the operator is a genuine veteran of the online Forex/CFD scene. Before its stint as ATFX, it used to be known as Positiva Market Ltd, racking up experience under that name. As a matter of fact, the Positiva name still shows up at various points throughout the official ATFX website, atfxgm.eu, most prominently in their Terms and Conditions section. Only if the above-mentioned eligibilities are fulfilled you can open an ATFX professional account. Asktraders is a free website that is supported by our advertising partners.

The broker showed potential in recent years, which is why we decided to test and review it. ATFX is a regulated broker with an innovative and proactive approach compared to other forex and CFD brokers in the industry. To add to the protections in the unlikely event of insolvency, AT Global Markets Limited clients have FSCS coverage. The Financial Services Compensation Scheme is available to clients in organizations regulated by the FCA. The scheme comes into play in the rare case that ATFX cannot satisfy its repayment claims.

All three versions carry all the capabilities of the Windows-atfx broker review platform. One-click trading, and the history of the trading operations 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 Ltd., which used to be known as Positiva Markets Ltd. According to the said page, the decision to launch this retail-oriented trading destination was made after the company had already achieved success at an institutional level.

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It will require you to fill in details pertaining to the credibility and security of your account. You will probably also have top go through the standard KYC checks but ATFX are normally pretty quick with this. Download the ATFX MetaTrader 4 Program free of charge from Apple’s App Store. ATFX customers have instant access to the Financial markets, with the ability to completely manage a Portfolio on the go. At the time of writing this ATFX review, and despite ATFX’s impressive offering, the company has surprisingly not garnered any awards to date.

All the VIP groups are available after purchasing a subscription. If you receive any messages from anyone, please report them and do not make any payments. To deposit and withdraw, you just need to go to your account dashboard, select the process you want, and then follow the process. Credit and debit card transactions and e-wallets take less than 30 minutes to reflect into your account. Bank transfer tends to take longer but this depends on the bank and the country of origin. ATFX is a company that is regulated by the Financial Conduct Authority .

• In addition, the broker organizes events and sponsorships with global charity actions.
• The low initial deposit on the Standard account makes this broker one of the very few FCA-regulated Forex brokers operating from the City of London.
• Only if the above-mentioned eligibilities are fulfilled you can open an ATFX professional account.
• ATFX also provides unlimited access to Trading Central , which means clients can use this trading tool to make the best of their open positions.
• All withdrawal methods require up to one day of processing time, but deposits using cards and e-wallet is usually processed within 30 minutes.

ATFX provides traders with the latest financial market news and overviews for some of the most popular products including FX majors, precious metals, oil, commodities and indices. ATFX also provides unlimited access to Trading Central , which means clients can use this trading tool to make the best of their open positions. So, irrespective of your experience or trading style, you are covered.