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Our ultimate guide to the ATFX minimum deposit is updated regularly. ATFX has some drawbacks, though.Theproduct range is limited to FX, CFDs, and cryptos. Email support can be slow, and fundamental data research is missing. ATFX is regulated by several financial authorities globally, including the top-tier FCA. Webinars are available in several languages including English, German, Italian or Spanish, but we found it a bit confusing that some webinars are only available in one language. You can reach customer service from Monday to Friday between 9 am and 5 pm, London time.

Courses range from economics, MetaTrader tutorials, social trading, cryptocurrencies, trading strategies to even covering capital management. Customer support with ATFX is there on a 24/5 basis (meaning all day Monday – Friday). You will find their support agents on live chat directly on the ATFX website helpful and courteous but you also have the other standard options such as email and telephone. You should note that the offers provided may change from time to time and eligibility will depend on Country of origin and the regulation that ATFX must abide by. Anyone residing in Europe will not be eligible for this ATFX bonus. All trading with ATFX is done via the ever-popular MT4 platform.

ATFX its amazing

With my team, we do our best to create high-quality education, review platforms, and brokers and help everyone to stay on the profitable side. Based on many ATFX review articles, there are not many reasons to find too many negatives as far as their product options, trading options, deposits, withdrawal facilities and other such options are concerned. The spread for the Standard account is an impressive 1.0 pip. However, as far as the Edge account is concerned, the spread is not too impressive at 0.6 pip. The Premium account spread is unpredictable and it is called raw spread in market parlance. It could start from as low as 0.0 pip and therefore is not too impressive or worth talking about.

If the funds were processed quickly, within 3 days, this wouldn’t be a bad option. Unfortunately, traders may feel as though 7 days is much too long to wait for forex order types their withdrawals. Well, for starters the platform offers a very user-friendly and customizable interface, one that is preferred by many professional traders.

They are an STP broker, which means you needn’t worry about conflicts of interest. This is because this broker executes orders immediately at market conditions. They may, however, act as a market maker to maintain trading volume. Our review experts discovered that ATFX has been operating in the financial market since 2014 when it was initially known as Positiva Markets Ltd.

On the Standard Account, minimum spreads on the EUR/USD start at 1 pip and the AUD/USD at 1.1 pips. All content on Blockonomi.com is provided solely for informational purposes, and is not an offer to buy or sell or a solicitation of an offer to buy or sell any security, product, service or investment. The opinions expressed in this Site do not constitute investment advice and independent financial advice should be sought where appropriate.

Withdrawals can take up to five business days when made through a bank wire transfer, depending on your residence, while e-wallet transfers like Neteller and Skrill are processed within minutes. Cryptocurrencies are complex, high-risk, and volatile and may result in the loss of all invested capital over a short period of time; they are not appropriate for all investors. The Market Analysts of ATFX take you through potential movements in the trading markets over the coming quarter, providing you with the necessary insights to develop an effective trading strategy. Furthermore, if you’ve missed an item , check the history of the forex news calendar to see all previous events and how they may have affected your trading products.

Clients can also enjoy full account management via the sleek client portal. 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. ATFX is a Forex brokerage registered and licensed in the St.Vincent and the Grenadines. It seems to have been operational for about a year now, which gives it at least some kind of experience in the financial markets. It is extremely easy to open a live account and deposit money.

The group AT Global Markets is also a member of the Financial Services Compensation Scheme , this covers eligible investments of up to £85,00 per person, per firm. I made a deposit of $500 with ATFX on May 15 and since then I’ve made $1550 profits trading oil. I requested a withdrawal on June 1, but until today, they’re unable to process it. I contacted their support and was told there was a problem with my local bank – they’re not accepting the funds. So relayed the message to my bank, and told me the problem’s not on their end. Additionally, ATFX provides traders with the latest financial market news and overviews for the financial instruments that are available for trading on their platform.

ATFX Reviews

When she was in her 20’s, my sister and her husband accumulated a lot of credit-card debt, which my parents paid off . In consideration of the fact that my sister paid off the credit-card debt, my parents set up the company so that I had a slight majority of the shares. There are no bonuses and promotions on offer at the time of writing, as bonuses are prohibited by ATFX’s regulator, the FCA. The leverage quoted in the image above is based on being European resident and would vary depending on the arm of ATFX you are registering with.

Always verify that your broker, is licensed by your local financial regulator. There are also many free automated trading robots, but many of them are scams and work with unregulated brokers, read more. Switch to a real account and deposit the minimum funds necessary to start trading. The ATFX website also offers an education section for users to benefit from. The webinar schedules are updated periodically on the official website under the “education” section.

How Is ATFX Regulated?

It also would not be out of place to mention here that the entire process of opening accounts is safe, easy, efficient and quick. This allows the traders to get into the act right away without any wastage of time. One of the regulated brokers that we recently use in Forex Academy is ATFX. Our trader Petko Aleksandrov recognized a well-regulated broker in the face of ATFX and we decided to write a detailed ATFX Review for our students and traders. Since then, the ATFX brand was introduced globally to specifically cater to the vast majority of the retail trading market.

Trading in CFDs carry a high level of risk thus may not be appropriate for all investors. I like that the Forex Academy team keeps reviewing regulated brokers for us, and I found this ATFX review very honest with all PROs and CONs. Once the document checking and credential checking have been completed ATFX broker reaches out to the traders and the account validation and the opening process is gone through. This is done quite efficiently and you can choose the language in which you would like details pertaining to your account opening. The entire process of initial registration should not take more than 15 to 20 minutes.

Choose from 4 accessible account types

Help future customers by talking about customer service, price, delivery, returns & refunds. At the time of writing, ATFX did not offer any specific bonuses or promotional deals to retail traders. Major pairs, minor pairs, and exotic currency pairs are available to traders. These include AUD/USD, EUR/USD, GBP/USD, NZD/USD, USD/CAD, USD/CHF, USD/JPY, AUD/CAD, AUD/NZD, CHF/JPY, EUR/CAD, EUR/JPY, EUR/AUD, EUR/HUF, USD/CZK, USD/NOK, USD/RUB, USD/SEK etc. The most popular pairs include EUR/USD, USD/JPY, and GBP/USD. Trade with a UK-regulated broker on MT4 & MT5 platforms for free.

Depositing funds into an ATFX account is an easy and secure process. Funding can be done using credit cards, debit cards, or wire transfer, as well as electronic payment methods such as Skrill and Neteller. ATFX does not impose any minimum requirements on deposits or withdrawals, but the payment channels themselves may do so.

If you choose a Standard account, you’ll actually be able to avoid paying commission fees altogether. Like with many other brokers, the drawback to this is higher spreads, which would start at 1.2 pips for this account type. If you choose the Edge account, you will pay commission charges, but they are only $3 per lot.

As ATFX is regulated in Europe, it does not offer a welcome bonus or any other form of promotion. This is because this is prohibited in the EU, and ATFX complies strictly to regulations. Yes, ATFX is authorized and regulated by both the Financial Services Authority in the UK, and the Cyprus Securities and Exchanges Commission. ATFX also allows the use of EAs, or Expert Advisors, for automated trading strategies.

In most cases, traders have found that the entire process is completed within 24 hours or one full day at the most. You are also required to answer some simple questions with regard to your overall trading experience. You have to initiate the account opening process by entering your personal details. The services of ATFX broker are not available in some countries. CySEC is also fully regulated and they allow complete and unhindered access to EEA and EU countries.

If cash is left in the account the company opens trades without the authority of the trader against the market so you lose cash without trading. As an FCA regulated company, ATFX segregates client money, separate from its own funds. In addition, ATFX retail clients are afforded protection by the FSCS up to GBP 50,000.

ATFX.com offers over 40 forex currency pairs, cfds, commodities, shares, indices, gold, silver, oil, bitcoin and other cryptocurrencies for your personal investment and trading options. The first thing is the qualification for each account type is based on account deposit with criteria for standard account being 500 and the Edge account and above starting from 5000. ATFX was ranked among the Top 3 brokers for Retail FX/CFD trading volumes on the MT4/MT5 platforms with $148 billion in total transaction volume in Finance Magnates’ Q Market Intelligence Report. In 2020, the broker’s UK office increased its share capital by £3.15 million pounds. The customer service center at ATFX can be reached in a number of ways to resolve any queries or requests you might have pertaining to your trading account.

Since swap fees are not charged, there is no option to sign up for an Islamic account, since all accounts technically conform to Shariah laws. Like many other Forex brokers, you will also have to provide supporting documents in order to have your account verified. Finally, ATFX offers demo accounts for those that would like to practice. With certain account types, ATFX does not charge a commission on the profit or loss of traders. The standard and edge account both don’t charge commission while still offering competitive spreads. With these accounts, you will also have a dedicated account manager.

Therefore any traders interested in ATFX UK or wider European based traders should start looking trade with some of the other brokers and trading platforms we have reviewed in detail here. New Forex traders will have no problems registering an account, trading on a demo, or for real. All Forex pairs are listed under major, minor or exotic categories, and other asset classes are also clearly displayed. Getting in touch with customer support is a breeze, and cross-platform functionality with the trading platforms is assured. Clients are protected in multiple ways when they trade at ATFX. For starters, client accounts are maintained at reputable international banks in segregated accounts.

Safety and Regulation

You can trade currencies , commodities, cryptocurrencies, indices, and shares by starting with a low amount of money. Knowing this, traders can trust the platform and confirm that the trading environment is truly safe and reliable as it looks. The forex industry is populated by a vast array of traders with various trading needs, which most brokers aim to meet through the provision of suitable accounts. These may include commission-free accounts, low spread accounts, and managed accounts.

The broker has a client portal that is state-of-the-art and relies on the leading encryption systems. With its commitment to exemplary client services, ATFX offers 24/5 live, free access to market commentary, and a secure platform for traders. Scam Broker Investigator reviews online brokers by first checking their license and regulatory status. Once you have verified that your brokers license is valid, then you know they are a legitimate broker. By investing with a regulated broker, you can feel safe in knowing your money is held in segregated bank accounts. ATFX offers the MT4 mobile app available on the App Store and Google Play.

ATFX is currently undergoing a digital transformation to become a leading global fintech broker. In 2019, ATFX transitioned from being a retail-only broker to an institutional and retail broker after launching its fintech unit ATFX Connect. ATFX Connect serves specific market segments, including high net worth individuals, asset managers, family officers, and brokers. The fintech platform allows ATFX to provide bespoke liquidity solutions to their clients while maintaining very competitive rates. The broker’s multi-access platform offers access to a wide range of financial instruments through API connectivity. Investors also access over 20 liquidity providers, including bank and non-bank tier 1 liquidity providers.

Easy to open but almost guaranteed losses Service use: LiveLength of use: 0

The range of webinars helps clients develop trading skills or grow understanding of concepts. There are webinars for all skill levels, from professional traders to beginners. They are always run by professionals to provide a high level of accurate information. The mobile trading platforms for ATFX are also versions of MetaTrader 4. You can download an application for either Android or Apple devices, allowing everyone to trade on the go. There are more than 50 indicators as well as over 30 tools to analyze charts.

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. If we are to go by customer feedback, reviews, and also feedback from experts, there are reasons to believe that it might be a good idea to choose ATFX trading as a reliable and trustworthy platform. ATFX broker platformThere is no denying the fact that identifying the right online platform makes the main difference between being successful or not. 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. AFTX boasts a comprehensive educational centre, which comes complete with webinars, seminars, guides and an economic calendar.

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. There are two different account types and low trading costs with this broker, but that doesn’t mean that there isn’t room for improvement. Stay with us to find out all of the best and worst qualities of this broker. ATFX broker account openingThe whole process of opening a trading account should not take more than a day.

The documents include each and every bit of paper and communication that pertains to regulation and ruling. Each document is completely transparent and downloadable and can be read by the clients and traders. ATFX was initially established in 2017 as a liquidity provider for a vast selection of axitrader fees institutional clients. Once the company managed to achieve their objectives with institutional clients, they decided to expand into the retail market. The company was originally named Positiva Markets Limited but realised the potential of profits that could be made within the retail market.

ATFX is a broker with its headquarters in the United Kingdom, specifically London. This broker offers trading for a range of assets, including forex, CFDs, and commodities. There are several types of accounts available, including for traderprof Professional Clients. These include a lack of negative balance protection and waived restrictions on CFDs. ATFX can also use sophisticated market language when talking to professional clients and assume higher experience levels.