ATFX Broker Review Forex Broker Analysis

ATFX Broker Review Forex Broker Analysis

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. 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.

Platforms and Tools

  • What happens, in this case, is that the FSCS awards each client a compensation fee of about £85,000 for eligible investments.
  • Plamen’s favourite trading instruments include FX majors and gold.
  • For more general queries, the broker has a dedicated Help Center on the website.
  • The platform also has an intuitive strategy tester, allowing experienced algo traders to tweak the parameters of their strategies so that they can be used under different market conditions.

While both ATFX and AvaTrade are well regulated online brokers, there are some differences between the two that traders should consider when choosing a broker. ATFX offers a single retail account with a minimum deposit of $50. It features zero commissions and floating spreads from 1.8 pips.

Furthermore, ATFX recently integrated PriceOn™ from TraderTools. The tool uses AI-driven algorithms to enhance the trading experience by bringing superior pricing and execution. Ultimately, it is built to bridge the gap between institutional and retail trading experience, while improving profitability.

ATFX’s Research and Trading Tools

Spreads are relatively tight and, like most brokers, get tighter on the accounts with larger minimum deposits. ATFX offers an excellent education section in addition to world-class market analysis materials provided by the globally renowned Trading Central. Deposits and withdrawals are free, and ATFX offers a free VPS service to traders with higher-tier accounts types. In conclusion, due to the wider range of financial instruments, higher maximum leverage, lower trading fees, and lower minimum deposit offered by Alpari, we can conclude that Alpari is a better option than ATFX. One of the major benefits of trading with ATFX is the availability of different financial instruments.

How do I deposit/withdraw money into/from an ATFX account?

The broker also offers a variety of withdrawal options, including wire transfer, Visa and Mastercard, and electronic payment systems such as Skrill and Neteller. Moreover, ATFX does not charge a withdrawal fee for amounts over USD 100 to debit/credit cards and electronic payment systems. It’s worth noting that ATFX operates on a variable spread model, which means that spreads may vary depending on market conditions. Additionally, swap charges may apply to positions that are held overnight, and these charges can vary depending on the currency pair being traded.

Carter-williams Forex Broker Review ( – SCAM

In order to begin taking their service, one needs to make a minimum deposit of $500. However, customer support is an area where ATFX could improve. Although the broker provides a live chat service, phone support, and email support, some customers have reported difficulties contacting the support team, with some left unanswered for up to three days. Therefore, if you have come across claims of scams on ATFX review sites out there, you might want to retrace your footsteps because you can be sure that you weren’t scammed by ATFX but by imposters.

Hidden Fees

Other useful sources of information include the Economic Calendar, the Earnings Season Calendar, and the Trader Magazine, which is a quarterly publication. ATFX offers its clients multiple educational resources to help them sharpen their trading skills. On the ATFX website, you will find free e-books, in-depth trading courses, MT4 and MT5 platform guideline videos, trading strategies and more. ATFX offers social and copy trading, as well as managed accounts. It also incorporates content from Autochartist and Trading Central, affording its clients a deep and comprehensive overview of market development. In addition, ATFX excels in education, providing high-quality courses, webinars, and other learning materials.

So you can download the application that supports either the Android or Apple devices for yourself, allowing you to trade anywhere and anytime. ATFX is a fast-growing Forex Broker with amazing competitive trading and also spread conditions. This does not displace the fact that the platform is a good one on a general level. You can trade currencies (forex), commodities, cryptocurrencies, indices, and shares by starting with a low amount of money. – In the following review, we will prove the online broker ATFX and show you the conditions for traders.

It offers support in multiple languages, including Arabic, Dutch, English, Hindi, Vietnamese, https://traderoom.info/atfx-a-reliable-broker/ Spanish, Thai, Chinese, Portuguese, and Korean. The ATFX CopyTrade dashboard ranks all the signal providers based on their earnings, risk profile, and win rate, making it easy for followers to choose their preferred signal providers. These services are available in all markets, including China and Southeast Asia.