CySEC regulation provides brokers with access to EEA and EU countries. Also, the Middle East and Switzerland have access to ATFX UK via CySEC regulation. Users can deposit funds using debit or credit cards, e-wallets, or bank transfers. Payments made by bank transfer take up to one working day to process, while all other deposit methods are processed within 30 minutes.
Additional Features
Other categories include metals, oil, indices, cryptos, and shares. There are also spread betting trading conditions outlined for FX majors, FX minors, metals, oil, and indices. 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. As part of its transparency, ATFX has a range of legal documents available on its website.
Platform Info
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. 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. Compare ATFX with the top 3 similar brokers that accept traders from your location.
Live Forex Trading Account
Scammers like ATFX tend to purchase fake reviews for their online profiles to make themselves seem more credible. It’s worth noting that many scammers tend to purchase fake reviews. Buying fake reviews has become extremely easy and it’s a multi-million dollar industry. When it comes to scammers, you should only measure the quality of their customer service if they respond to your complaint.
This firm is not authorised or registered by us but has been targeting people in the UK, claiming to be an authorised firm. ATFX is a co-brand shared by several entities, including AT Global Markets (UK) Ltd, ATFX Global Markets (CY) Ltd, AT Global Markets Intl Ltd, AT Global Markets LLC, etc. Each entity is authorized and regulated by respective financial authorities, ensuring a secure and productive trading environment. ATFX is committed to maintaining the highest financial compliance standards and professional conduct.
- This is what we call a ‘clone firm’; and fraudsters usually use this tactic when contacting people out of the blue, so you should be especially wary if you have been cold called.
- It includes real-time information that helps with the decision-making process.
- Such accounts are a good way to understand how to read charts and experiment with different trading strategies.
- ATFX offers an Edge Account that has better spreads and faster speeds.
Demo Accounts come loaded with some $100,000 in virtual money. Traders can access market analysis and news that cover Forex forecasts, trading strategies, financial events, and an economic calendar. Additionally, the broker offers trading seminars, webinars, https://forexarena.net/ and technical analyses that can help you make informed decisions. 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.
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.
The texts on this page are not are not investment recommendations. Being one of the top internet brokerage firms, ATFX has been in the internet trading business for over 9 years. The firm is regulated under FCA (UK), and they specialize in forex trading. In order to begin taking their service, one needs to make a minimum deposit of $500. From our experience, the test results and conditions for traders are speaking for themselves. For trading, the well-known and popular Software MetaTrader 4 is offered.
The list of webinars always includes the title, language, date, start time, and duration. You can also read a description of the webinar to help you decide if you want to register. The webinars include regular ATFX Daily Market Updates several times a week in English. You can also find webinars in Italian, German, Spanish, and other languages. In addition to the market updates, webinars can focus on useful trading skills as well, such as trading using RSI and moving averages or Fibonacci trading.
ATFX offers an Edge Account that has better spreads and faster speeds. It is designed for advanced traders and also includes additional latency reduction. In addition to the regulation, ATFX complies with MiFID, the Directive on Markets in Financial Instruments. The European Parliament and Council adopted this on Nov. 1, 2007. MiFID regulates financial instrument markets for providing investment services as well as activities, specifically in the European Economic Area.
The iPhone MT4 application includes the most useful features, such as EAs and customizable indicators. Either mobile version has the full functionality and all of the tools of the other versions. It includes real-time information that helps with the decision-making process.
Because the broker will start favoring the larger trades compared to the smaller ones as that’s where they’re making most of their money. Overall, the ATFX Account types get a terrible rating from us for simply not having variety. Probably the only issue atfx trading platform we encountered during the ATF review was finding out about the minimum deposits. It required us to register an account and find out how much it required to activate it. The broker also features floating spreads ranging from 0.1 pips to 4.0 pips in total.
It would be nice to have a dedicated section for information such as this. It would make it easier to open an account, fund the account, and do basic troubleshooting without contacting ATFX. MT4 Desktop additionally offers cutting-edge charting tools. There are more than 50 indicators as well as over 30 tools to analyze charts. Furthermore, you can set parameters and display methods for every chart type and indicator.