The mobile app is available in Android and Apple iOS versions, which has been downloaded by 1000+ users. Payoneer, an American financial services company, offers online money transfer and digital payment services. In addition, ATFX provides clients with 24/7 customer support, with a team of experienced professionals available to answer any questions or concerns that traders may have. The company also prioritizes the security of its clients’ funds, with client funds kept in segregated accounts to ensure maximum protection. The company supports the free MetaTrader 4 (MT4) trading platform developed by MetaQuotes. While MT4 remains the market standard for retail traders, the lack of selection is a disadvantage compared to the trading platform choices on offer with other brokers.
Gemini Assistant
However, a few customers had very severe negative experiences with ATFX, with some complaining about the withdrawal process and others criticizing the high fees charged for certain services. Yes, you can open an account with ATFX if you are residing in Hong Kong. However, the broker does not offer its services to residents and US citizens due to the stringent laws which prohibit CFD trading on both domestic and foreign platforms. Besides, ATFX also does not provide services to politically-exposed countries such as North Korea, Syria, Iran and a few others.
Easy Management of Multiple Trading Accounts
ATFX are a professional trading platform that has been trading for over 10 years. ATFX is regulated by Cyprus Securities and Exchange Commission (CySEC). These bodies have rules that ensure that trading platforms have measures in place to keep investor’s resources procured. This usually means that ATFX users don’t need to be worried about their money as it’s segregated and safely kept in banks that are established.
Social Trading
The agents provide premium client service that rewards customers with benefits. When engaging in online trading with platforms such as ATFX, it’s crucial to carefully assess ATFX as your broker, as this choice can determine your success. Selecting the right broker is vital for your ATFX investments to flourish. However, be cautious of fraudulent and untrustworthy brokers hiding in the shadows, ready to exploit naive traders. In this fast-paced universe of financial markets and online trading, you will need guidance to make educated decisions.
Stay ahead of the game with our comprehensive market news and insights. Our client portal 2.0 provides you with a wealth of valuable resources. Dive into our Quarterly Market Outlook, where you’ll find trading tips from experts, global finance outlooks, and insights into the trader’s mindset. Support and resistance are fundamental principles in technical analysis, reflecting supply and demand dynamics in price movements.
This is the multimodal, sophisticated voice mode chatbot Google demoed at I/O in May. It’s similar to ChatGPT’s Voice Mode, which actually stole Google’s thunder by launching a day before the I/O keynote. It promoted the hashtag #TrumpOnX before Monday’s interview with Musk in an effort to drum up viewership.
Only the Professional account type does not qualify for negative balance protection, and all of the accounts currently supported allow you to deal in sizes as small as 0.01 of a lot. Social trading at the company is only atfx review available via their collaboration with the MT4 trading software and community. Once logged in to the MT4 platform, you will need to register for your social trading account by clicking on the ‘auto trading’ button.
Tradingcritique.com checks the trustability of the broker through its regulations and user reviews. Our Trading Critique Experts analyse all the features and drawbacks of ATFX to produce this Broker review. The information given in this article are more transparent and we do not get paid from the ATFX broker side to produce this review. If you have any doubts you can ask your questions here and we will contact you back. The CPM stands for the number of characters you type per minute, including all the mistakes. The average person types between 38 and 40 words per minute (WPM).
Additionally, the average commission charged by ATFX is $8.77, which is extremely high compared to the average commissions charged by similar brokers. 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 also offers you a demo account which is a great way to practice your trading strategies without risking real money.
With this, you are able to correct any imbalances within your own account. The reason that ATFX asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, ATFX has to be careful that they don’t breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, ATFX must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law. Every online trading platform will have some ups and downs, and no ATFX review would be complete without showing both sides. This ATFX review covers both the pros and cons you need to know before you make an account.
If you are still skeptical, you can open a eToro demo account and assess the credibility of the platform for yourself. It will require you to fill in details pertaining to the credibility and security of your account. You will probably also have top go through the standard KYC (Know Your Customer) checks but ATFX are normally pretty quick with this. With this digital ATFXdemo account, you are able to experiment in any way, to whatever length you desire. You might also open positions, test different trading approaches, and much more. We have tested communication through ATFX support in multiple languages and in various countries.
- ATFX’s trading platform offers clients access to various trading tools, such as advanced charting features, technical indicators, and risk management tools.
- These partners do not control the content on the page beyond providing us with datapoints to ensure that (as far as possible) the information in our database is accurate.
- ATFX broker is regulated by the Cyprus Securities and Exchange Commission (CySEC).
- Products and Services on this website are not suitable for Hong Kong residents.
Hence, only expert traders should opt for this account type as it is risky for novice traders. MetaTrader 4 (MT 4) is a well-known trading platform that is available worldwide. MT4 supports mobile, iOS and Windows systems in different languages and different currencies. Automated trading strategies are also available, and it is offered through professional advisors.
Overall, ATFX has competitive fees with a transparent pricing structure. ATFX is a genuine and regulated broker licensed by CySEC and FCA. This CFD broker has taken all the security measures to protect the client’s fund. Starting from the segregation of client funds to negative balance protection, they have put all the safety nets in place. We offer two of the most popular ways to trade the financial markets, which allow you to trade on both rising and falling markets. Trade Forex, indices, cryptocurrencies, commodities and shares at the touch of a button.
The technology adopted by ATFX is among the maximum caliber, ensuring that it is fast, reliable, and efficient. ATFX is a online trading broker headquartered in Cyprus and provides a variety of tools for online trading. Since its establishment in 2014 they have emerged as a top-tier player in the industry of online trading. ATFX includes a highly reputable https://forexarena.net/ and full-featured trading site that is focused on currency, indices, metals, stocks and commodities. Our full ATFX review for beginners covers all you will need to learn about trading via ATFX. A fantastic broker can use your first investments and help to protect it from losses but also provide you a platform that can help to give you profits.