ATFX Review 2024: Pros, Cons, & Fees

atfx review

The whole process should take between ten and fifteen minutes. 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. We are certain that the transfers are accepted in a variety of currencies but please contact customer support if you are not sure whether your currency is accepted. To get started you will have to go on the ATFX official website.

atfx review

Forex Economic Calendar

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.

What are the withdrawal methods at

  1. However, if you are planning to use a non-UK-issued card, there might be some small fees.
  2. The scheme comes into play in the rare case that ATFX cannot satisfy its repayment claims.
  3. There are over 80 assets you can choose from, including stocks, forex, and indices.
  4. These may include commission-free accounts, low-spread accounts, and managed accounts.
  5. I hope Atfx will reconsider and allow retail traders to register again.
  6. Sadly I was not able to register for a trading account when atfx was still accepting retail traders for trading account registration.

ATFX adheres to strict payment guidelines, as they do not accept third-party payments. Deposits must originate from the client’s account, ensuring transparency and compliance with regulatory standards. ATFX takes a tailored approach to trading conditions which vary depending on the asset being traded. ATFX provides an updated list of trading conditions for each asset to ensure convenience and transparency. Specific trading conditions for those interested in spread betting are outlined for FX majors, FX minors, metals, oil, and indices. John Stuart is the editor’s chief of BrokerTrending and our expert broker.

Professional account

Traders can choose from options like bank transfers, credit and debit cards, and e-wallets, making the deposit process hassle-free. The best part is that ATFX does not impose any fees on deposits, enhancing the appeal of its services. As a key CFD provider in the market, ATFX offers all key precious metal CFDs, including Gold and Silver. It also offers key commodities CFDs like Oil spots, both US WTI Crude Oil Spot CFD and UK BRENT Crude Oil Spot CFD.

Trading Central

atfx review

With the Economic Calendar, the items are automatically updated to provide you with the latest information that could affect the products that you trade. These are divided into categories, such as forex majors, minors, and exotics. Founded in 2014, ATFX was created to serve the global financial community of investors in Forex, CFD, bullion, and commodity trading. All of these instruments can be executed on one platform and offer the best opportunities to all investors. Asktraders is a free website that is supported by our advertising partners.

At the moment, we recommend trading with reliable broker like ATFX, fully regulated and with an innovative approach. According to the FCA, ATFX is allowed to operate in the UK but not in the US, Belgium, or any other country where such type of trading would go against local law or regulation. Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong. Please be advised that certain products and/or multiplier levels may not be available for traders from EEA countries due to legal restrictions. Market analysis and account management features can also be used through the web interface.

It also includes the main strategies and technical for traders, whether they are contrarian or conformist. 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. ATFX offers an Edge Account that has better spreads and faster speeds.

The European Securities and Markets Authority restricted certain products for retail clients starting Aug. 1, 2018. ATFX uses the most recent bridging technologies to get the best rates from its liquidity provider. The payment systems on ATFX are super-fast, including for deposits and withdrawals. ATFX UK uses “leading data encryption technology” to create a safe and reliable trading environment for its clients.

For those who choose the Edge account, the is a minimum deposit requirement of $5,000. If you do not come from any of these countries, we recommend contacting customer support to find out whether ATFX provides services in your country before signing up on it. The broker requires a minimum of $200 as an initial deposit for you to be allowed to access the trading space and start trading forex, CFDs and so on.. Another positive thing about it is that no fees are charged, no matter what payment method you choose, be it debit or credit cards, e-wallets or wire transfers.

At BrokerTrending, we go the extra mile to help global investors make informed decisions – investing an obscene amount of time daily in testing and researching online brokers. Forex traders looking for a well-regulated broker should check the services offered by ATFX. 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. Besides the MT4 desktop software, ATFX makes it easier for busy Forex traders to log in and manage their accounts on the go using a web-based trading interface called MetaTrader WebTrader.

atfx review

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. For the convenience of clients, ATFX offers multiple methods of contacting the team.