Our team conducts thorough testing on a wide range of brokers, platforms, products, technologies, third-party trading tools, and mobile apps. We also test for the availability of high-quality educational content, actionable market research resources, and the accessibility and capabilities of mobile platforms. All of our ratings and rankings are based on the collection and validation of thousands of data points and our in-depth product testing. The company offers a decent range of trading account types that should suit most traders. Furthermore, all ATFX UK account types conform to FCA regulations, let traders enjoy free deposits and withdrawals, and allow access to their online trading course. ATFX is a reputable Forex broker that offers a wide range of financial instruments for online trading.
Retail clients registering with ATFX come under the monitoring agency’s Investor Compensation Fund (ICF) in Europe and the Financial Services Compensation Scheme (FSCS) in the UK. The Compensation schemes protect retail investors up to €20,000 and £85,000 respectively if the broker goes into administration. ATFX, formerly Positiva Market (CY) Ltd is a CFD and spread betting broker operating from London. The firm is the subsidiary of ATFX Global Markets (CY) Ltd, authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC). The MT4 also offers a customisable interface that allows the trader to modify the workable space, charts, indicators, and trade directly from the charts.
- My IB have been trading with ATFX for a long time, no slippage, great service and fast resolution.
- To protect the data of clients, the company employs the latest encryption technology currently available coupled with highly effective protective measures and strict supervision.
- MetaTrader 4 is available for desktop, and mobile on Android and iOS devices.
- All information on 55brokers.com is only published for general information purposes.
- If you go with Neteller, they may be a 4% commission due to the platform policy and not the broker policy.
At the same time, risky assets like American technology stocks and cryptocurrencies have rallied, signaling that investors have embraced a risk-on sentiment. The main reason is that there are hopes that the Federal Reserve will start cutting rates in 2024. The St.Vincent and the Grenadines government has clearly stated that they have no interest in regulating foreign Forex companies on their territory.
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Asides from the daily market reports, ATFX also provides fundamental analysis comments, which are normally recorded by a market analysis research team. This often includes detailed as well as updated information useful to the trader. These atfx broker review comments are usually published weekly on the Analysis section of the platform’s site. Even if you do not want to use the daily analysis you can join webinars for free or use technical indicators and tools in the trading platform.
- The company is fully committed to ensuring that client funds are fully protected anytime, any day.
- There are no fees when it comes to making a withdrawal and ATFX usually processes all withdrawal request within 24 hours.
- Offering access to a range of technical strategies and indicators, this is great value for clients.
- Market analysis and account management features can also be used through the web interface.
The company’s website has a decent FAQ section to look up commonly-required information. Although their website does not always use the correct English, it is generally understandable and has been translated into at least 16 languages. Social trading at the company is only available via their collaboration with the MT4 trading software and community.
The GREEEEEAAATTT trading platform
This website is using a security service to protect itself from online attacks. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. ATFX is a trade mark of AT Global Markets INTL LTD a company registered in Mauritius
under FSC and all services in the Hashemite Kingdom of Jordan is offered through its
Introducing Broker. The commercialisation of services and the acquisition of clients can only be carried out
in Spain by an authorised entity or through a tied agent.
Finding a reputable ATFX review locally or worldwide can be a difficult process, especially finding a complete list from a trustworthy reputable source. All information on 55brokers.com is only published for general information purposes. We do not present any investment advice or guarantees for the accuracy and reliability of the information. The processing time for withdrawals may vary depending on the withdrawal method used but usually takes 3 to 5 business days. There are no bonuses and promotions on offer at the time of writing, as bonuses are prohibited by ATFX’s regulator, the FCA. Our rigorous data validation process provides our readers with quality data they can trust.
ATFX Review – 20 Keypoint overview:
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. Risk Warning – Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you are fully aware of the risks involved and the high probability of losing your money. Clients have no need for concerns when they choose ATFX as their preferred broker. The entire site is also fully protected by strong secure socket layer technology and the site remains in full compliance with the rules and regulations of the European Data Protection Act and the EEA.
Trading Forex, CFD, Binary Options, and other financial instruments carry a high risk of loss and are not suitable for all investors. 66-84% of retail investor accounts lose money when trading CFDs with the providers presented on this site. The information and videos are not investment recommendations and serve to clarify the market mechanisms.
Fusion Markets Review: Account Types, Commissions & Regulation
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. However, the broker is regulated in the European Union and MiFID, meaning ATFX can provide its service in most of the countries in the globe. It is currently owned and operated by AT Global Markets and is registered at the 1st Floor, 32 Cornhill, London EC3V 3SG, United Kingdom. The broker is regulated by FCA, CySEC, MiFID and authorized to offer its services in EEA countries. The variety is quite wide, with Bank Transfers, Credit/Debit cards, Neteller, Skrill an various other third-party wallets.
What can you trade?
The Premium account is the ideal account for you if you’re a confident, experienced trader that’s familiar with the online trading industry. In only providing one account, traders are not provided with much selection according to their unique trading needs or objectives, however, ATFX caters to both retail and professional traders. ATFX offers three types of accounts, namely the Edge Account, the Professional Account, and a free demo account. Trading Futures and Options on Futures involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. Opinions, market data, and recommendations are subject to change at any time.
Initially, this Forex brokerage was established as a liquidity provider for a wide range of institutional clients. After it achieved its objectives with institutional investors, ATFX decided to branch out into the retail market. By breaking down all the barriers to entry in Forex trading, this online broker effectively brings the market to you.