However, because the broker is regulated by the CySec, FCA, SVGFSA and FSC, there is a high chance that it is not a scam. With that being said, it still does not mean that ATFX is the best option, as there are also hundreds of other regulated brokers with similar or even better trading conditions. ATFX is a broker licensed and regulated by the CySec, FCA, SVGFSA and FSC. While regulation gives to brokers much needed credibility, it still does not mean every regulated broker is honest. In order to be sure that ATFX is not a scam, read our trader reviews and check other popular trading related websites and forums. ATFX offers a Quarterly Market Outlook, allowing you to monitor changes and trends in the financial market with detailed fundamental and technical analysis.

This means that ATFX users do not need to be worried about their money as it’s segregated and safely kept in established banks. SSL encryption secures every user’s private information as well. Many unprofessional brokers try to pressurise customers into larger funding for superior services. ATFX, on the other hand, is more concentrated on trading volume.

Consistently low trading fees

The company charges no fees, and the request is typically processed within 24h. However, we’ve found reviews where people complain about withdrawals, especially those dealing with an offshore entity. You can trade FX, commodities, and indices, testing various strategies.

It also has full multi-language support available 24/5. 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 full support for assets, allowing for diversification. For convenience, ATFX offers an updated list of trading conditions for each individual asset. These are divided by category, such as forex majors, minors, and exotics.

Beginner’s Guide to ATFX Broker: Complete Review

Comparebrokers.org is not a brokerage or advisory service. We do not recommend or advise that investors buy or sell securities or stocks. We have scanned fees that ATFX charges when trading popular currency pairs, here is their breakdown in pips. Switch to a real account and deposit the minimum funds necessary to start trading.

ATFX’s free educational eBooks mean clients will be able to overcome the struggles of trading by building on existing knowledge of the financial markets. The company is headquartered in the City of London and is regulated by the Financial Conduct Authority . They also ensure that client funds are held in segregated accounts, separate from the company’s own capital. 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.

Fees, Commission, and Bonus

The final account type is the Premium account, aimed at top level traders. It requires a deposit of $10,000 and offers a minimum spread on the benchmark EUR/USD currency pair of 0.0 pips. Like the Edge account, this one does charge commission, but also various advantages, including access to Premium education and resources. Offers a decent range of trading account types that should suit most traders. ATFX offers three account types with different trading conditions and deposit requirements. Spreads are relatively tight and, like most brokers, get tighter on the accounts with larger minimum deposits.

If you’re experiencing any troubles with the ATFX broker, you should first check under which regulation your account belongs. Then, you can submit a complaint to the relevant authority. Additionally, the offshore entity supports NganLuong and local bank transfers in THB, VND, MYR, and IDR. SimilarWebtraffic analysismainly complies, showing the broker had over 130,000 visits in February 2023. Most were from Vietnam, Colombia, and the Republic of Korea. In Mauritius, they operate as AT Global Markets Intl Ltd, registered in 2018, with ATFX regulation in the FSC register.

What you need to keep an eye on are trading fees, and non-trading fees. We ranked ATFX’s fee levels as low, average or high based on how they compare to those of all reviewed brokers. To read much more details about the broker’s services and features, expand on the sections below.

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. There usually are 5-10 webinars scheduled within a period of two weeks and the available languages vary. There currently are webinars available in English, Spanish and German. You will then get an email to remind you to attend the webinar at the indicated time. The platform can be downloaded on your desktop, as well as on your mobile and it only takes a few minutes.

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• I hope Atfx will reconsider and allow retail traders to register again.
• By the third party, I mean ATFX does not validate either can they ascertain the integrity or accuracy of the reports.

The goal of MiFID was to harmonize financial market governance in the EEA. It also aims to improve financial transparency, efficiency, competition, and consumer protection. With MiFID, investment firms are able to freely offer services within other member state’s territories or those of third parties. The only requirement is that the investment firm must have authorization for those services.

ATFX Type of Accounts

Once you register, you can choose Demo on your MT4 and get $50,000 in virtual funds. Had bad service, struggled to get your money back or some other action which you believe isnon compliant? Tell us and if we have the right information, we will actively support your case through mediation with the broker.

This atfx broker review commentary and analysis has been prepared for ATFX by a third party for general information purposes only. You should therefore seek independent advice before making any investment decisions. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. Reproduction of this information, in whole or in part, is not permitted. It is under the supervision of the FCA, which is one of the toughest regulators in the world.

MetaTrader 4 has been one of the top software packages used by Forex brokers that comes with a wide range of built-in technical analysis capabilities. The Trading Products section at ATFX offers a comprehensive choice of financial assets to trade, including FX and CFDs in shares, cryptocurrencies, indices, and commodities. The Forex section offers a wide array of tradable assets. A total of 43 currency pairs are on offer, including majors, minors and exotics. You can also trade cryptocurrency, with Bitcoin, Ethereum, Litecoin, and Ripple all available.

Finally, if you meet the criteria of for a Professional account, this gives you access to higher leverage as dictated by ESMA rules. We review all brokers to astrict and unique methodology, to ensure that we only promote high quality brands that you can trust. This methodology considers over 200 criteria points, covering the categories of safety, fees, platforms, products, payments and customer support. We update this methodology and our recommended reviews yearly, so that you’re only given up to date information.

We recommend starting from the demo account so please click on the right side button saying “OPEN DEMO ACCOUNT”. Once you have done that, you will be required to provide your full name, email address and phone number. The whole process should take between ten and fifteen minutes.

That, in turn, improves the transparency of https://traderoom.info/ conditions. For each product, you can view the name, minimum spread, contract size, and minimum and maximum lot size. Keep in mind that there are specific product specifications for each account type. Those include Retail – Standard Clients, Standard – Edge Account, and Professional Clients. Finally, ATFX supports trading of 50 major shares CFDs from the United States and Germany. Crude oil is another highly liquid asset that can be traded with ATFX.