Are you looking for a reliable and efficient forex broker to start trading? Look no further than ATFX. ATFX is a well-established forex and CFDs broker that has been providing trading services to clients for several years. It is regulated by multiple financial regulatory authorities and offers a range of trading platforms and instruments to its clients. In this ATFX Broker Review, we will discuss all aspects of the broker, its features, services, trading platforms, regulations, and more.
Overview of ATFX Forex Broker
ATFX is a leading forex broker with a global presence and a strong reputation in the industry.
The company was established in 2017 and has since grown to become a trusted provider of online trading services.
Licenses and Regulations
ATFX is licensed and regulated by several top-tier financial authorities, including
- the Financial Conduct Authority (FCA) in the UK
- the Cyprus Securities and Exchange Commission (CySEC)
- the Financial Services Commission (FSC) in Mauritius
This ensures that ATFX adheres to strict regulatory standards and provides a safe and secure trading environment for its clients.
Awards and Recognitions
ATFX has received numerous awards and recognitions for its exceptional trading services and customer support.
The company was awarded the Best Forex CFDs Broker by UK Forex Awards in 2018 and the Best Forex Broker in Europe by Forex Report in 2019.
ATFX has also been recognized for its educational resources and market analysis, including the Best Forex Education Provider by International Business Magazine in 2020.
Advantages and Disadvantages
Account types and features
ATFX offers a range of account types to suit different trading styles and experience levels.
The Standard Account requires a minimum deposit of $100 and offers floating spreads from 1.0 pips and leverage of up to 1:30.
The Edge Account requires a minimum deposit of $5,000 and offers floating spreads from 0.0 pips and leverage of up to 1:30.
The Premium Account requires a minimum deposit of $10,000 and offers floating spreads from 0.0 pips and leverage of up to 1:30.
All account types offer access to a wide range of trading instruments, including forex, commodities, indices, and cryptocurrencies, as well as a choice of trading platforms including MetaTrader 4 and a proprietary platform.
ATFX also offers a demo account for practice trading, with virtual funds of up to $10,000.
Deposits and withdrawals
ATFX provides a range of convenient and secure deposit and withdrawal methods, including bank wire transfer, credit/debit cards, and e-wallets such as Skrill and Neteller.
Deposits are usually instant or within one business day, depending on the chosen payment method.
Withdrawals are typically processed within one business day, although bank wire transfers may take longer to process due to processing times of financial institutions.
ATFX does not charge any deposit or withdrawal fees, although fees may be charged by the payment providers.
The minimum deposit amount is $100 for the Standard Account and may vary for other account types.
The minimum withdrawal amount is $100, or the full account balance if less than $100.
ATFX uses advanced security measures to protect client funds and personal information, such as SSL encryption and segregation of client funds in separate accounts.
ATFX offers a choice of trading platforms, including MetaTrader 4 (MT4) and a proprietary platform called ATFX Edge.
MT4 is a popular and widely used trading platform that offers advanced charting tools, technical analysis indicators, and automated trading through expert advisors (EAs).
ATFX Edge is a user-friendly and intuitive trading platform that offers advanced charting tools, technical analysis indicators, and a range of customization options.
Both platforms are available on desktop, web, and mobile devices, allowing traders to trade on-the-go.
ATFX also offers a social trading platform called ATFX Connect, which allows traders to follow and copy the trades of experienced traders.
The trading platforms have advanced security features to protect client funds and personal information. Such as SSL encryption and two-factor authentication.
ATFX offers competitive trading conditions, including tight spreads, low commissions, and fast execution speeds.
The minimum trade size for all account types is 0.01 lots. Which allows traders to start trading with a small capital.
The maximum leverage offered is 1:30, in line with regulatory requirements, which helps manage risk.
A range of trading instruments, including forex, commodities, indices, and cryptocurrencies, are available, allowing traders to diversify their portfolios.
Advanced trading tools and resources are available, such as economic calendars, market analysis, and educational materials.
Traders can benefit from trading promotions and bonuses from time to time, providing additional opportunities for profit.
Excellent customer support is available, with multilingual support available 24/5 via phone, email, and live chat.
In conclusion, ATFX is a reliable and efficient forex and CFDs broker that provides excellent trading services to its clients. It is regulated by multiple financial regulatory authorities and offers a range of trading platforms, instruments, and account types to suit the needs of different traders. The broker provides excellent customer support and has a comprehensive FAQ section on its website. So, if you are looking for a trustworthy forex broker, ATFX is definitely worth considering.