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ATFX offers a free and unlimited demo account with a balance of up to 5,000,000. ATFX does not only provide useful tools to traders, but they also make sure that traders are educated with Online Trading fundamentals, strategies, and risk management techniques. They also provide market insights and outlook to guide traders. As a beginner I have many technical as well as trading related questions.
For updates and exclusive offers, enter your e-mail below. ATFX is a broker based in Cyprus, with offices in the UK, Saint Vincent and the Grenadines, and Mauritius. The broker has regulations by FCA, CySEC, and an offshore regulation from FSC Mauritius. However, we advise you to check to which entity you belong before opening an account since an offshore regulation can never have the same strength as FCA or CySEC.
How much money should I deposit when I begin?
This is a great way to get a feel for the offerings of the broker. It can also be a useful tool for beginner traders who need to hone their skills. Or advanced traders can use the demo account to test new strategies. ATFX offers an Edge Account that has better spreads and faster speeds. It is designed for advanced traders and also includes additional latency reduction.
My Account Manager usually answers and provided solutions for me. As a “newbie”, this responsive customer support is what I need. If you use an authorised firm, access to the Financial Ombudsman Service and FSCS protection will depend on the investment you are making and the service the firm is providing. If you would like further information about protection, the authorised firm should be able to help. ATFXdoesn't charge a fee for withdrawals equal to or over €/$/£100, or for the full balance of the account (in case it is lower than €/$/£100).
I will advise you believe your guts and avoid investing with ATFX. I requested a withdrawal, but they appeared to disregard my request, instead leading me through a number of numerous payment processes that denied me access to my money. I reported to scameye .net which confirmed and certified my doubts in ATFX. Apparently scameye have been receiving similar complaints from victims which they are passing across to the relevant authorities for a possible legal action. As trading fees are low and you can use a demo account, feel free to try ATFX.
- This also applies to the Android application as all mobile versions have been built to include complete functionality and full performance of the tools of several functions.
- You can easily view your profit/loss balance and the commissions you have paid.
- The use of a virtual private server leads to more secure execution of Expert Advisors.
- Because of different account types, traders can gain advantages and pay less trading fees.
- You also do not need to make any up-front investment.
That being said, it is not available to clients in certain countries of the world. These include Yemen, Vanuatu, Tunisia, Trinidad and Tobago, and Sri Lanka. https://forexarena.net/ It also includes Bosnia and Herzegovina, Iraq, Ethiopia, Syria, Sudan, DPRK, and Turkey. ATFX cannot be used in Cuba, Japan, Iran, Canada, or the USA either.
Our take on ATFX
You can do it only if you change the default language of your mobile. It charges no account, inactivity, deposit, or withdrawal fees. We know it's hard to compare trading fees for CFD brokers. So how did we approach the problem of making their fees clear and comparable? We compare brokers by calculating all the fees of a typical trade for selected products.
Be aware that scammers may give out other false details or mix these with some correct details of the registered firm. They may change contact details over time to new email addresses, telephone numbers or physical addresses. In order to start trading with ATFX, you have to deposit at least 500 USD . We tested it and collected the options and costs in How to withdraw money on ATFX.
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Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The vast majority of retail client accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money. Please read the full risk disclosure on pages of our Terms of Business.
Very good customer support
ATFX comes with no fees for any deposits, and all methods support deposits in USD , EUR , and GPB . You may be charged with a small processing fee by your provider if it so happens that you’re using debit or credit cards outside the UK. However, if you can account for the charges by providing a receipt, the company will reimburse you. ATFX has definitely gained momentum in the last five years. 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. When you choose to spread bet with ATFX, there is no UK stamp duty or capital gains tax.
Assess based on trading experience, availability of support, profit potential and more. Create an account and try the demo account to see if it is as helpful and explicative as it is supposed to. We tried contacting customer support within office hours and they responded quickly and efficiently.
As a CIF, it can also provide financial services to residents of third countries if it complies with their trading regime. Since the broker also has FSC regulation from Mauritius it can operate internationally, wherever it complies with the trading regime of the country. As you all might know, the regulation is one of the most important checkpoints that one must look for while searching for a brokerage firm. Due to the increasing inflow of scammers in the market, the regulations set up barriers to make sure that the scammers stay away from the market. For a company to acquire a license, it must go through a variety of tests.
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. Sadly I was not able to register for a trading account when atfx was still accepting retail traders for trading account registration. I hope Atfx will reconsider and allow retail traders to register again. Before creating a real account and depositing real funds, you will have the option to try a demo account.
It includes real-time information that helps with the decision-making process. MT4 for iOS or Android also includes advanced charting, such as customization and rapid analysis. You get the flexibility to adapt to your trading strategy and atfx trading platform full support for assets, allowing for diversification. One of the focuses of ATFX is offering forex trading. Additionally, it constantly reviews its product range. ATFX strives to always offer the broadest possible range of FX pairs.
Looking for the best online brokers?
You can trade currencies , commodities, cryptocurrencies, indices, and shares by starting with a low amount of money. TradingBeasts helps individual traders learn how to trade forex, cryptocurrencies and other assets as CFDs. We actively trade, publish educational articles and news. We verify and compare brokerage companies and warn our readers about suspicious projects or scam marketing campaigns. We are also a community of traders that support each other on our daily trading journey.
Remember that ATFX will not accept third-party payments. This means that your deposits must come from your own accounts. 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. Our brokerage experts compiled a list of the best online brokers based on extensive research and testing with real money.
All you need to know about the ATFX customer service. 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.
We are committed to the fair handling of reviews and posts regardless of such relations. Daily analysis of the markets carried out by experts. Personal data (full name, sex, email, telephone number, country of residence, type of account of your interest, etc.). ATFX is a broker with several entities including two offshore offices.
This also updates focus on particular products, including predictions, influences, and much more. Also, it is worthy to note that should in case an issue arises, and the company becomes insolvent, your funds will remain intact. As long as they are segregated, it is impossible to use them to reimburse creditors. The broker has Multi Language Phone Support, Multi Language Live Chat and Multi Language Email Support customer support. If you think you have been treated unfairly please use one of these customer services methods to reach ATFX and explain your issue fully. There are also many free automated trading robots, but many of them are scams and work with unregulated brokers, read more.
The range of deposit and withdrawal methods offers something for most traders. 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 Professional Clients. You can trade indices with ATFX, with 15 types of shares indices from Asia, the U.S., and Europe.
What is ATFX? – The FX broker presented
A request to settle a debt, taxes or other amount that you owe and need to send the money via courier, prepaid bank card or gift card. Hello “Dr.HS”, We're sorry to hear about your dissatisfaction with our service. We pride ourselves on the high service level standards we maintain and would like to fix the issue you’ve experienced at the earliest. Hello “Ahmed”, We're sorry to hear about your dissatisfaction with our service.