Located at the top of the homepage at ATFX are two tabs to register a new account. Traders can either open a demo account or opt-in for the live account. The demo account will only require your first, and last name, phone number, email address, and country along with the investment amount that ranges from $1,000 demo credits up to $5 million demo credits. You will first need to select your preferred language of which there are 13, along with personal details, banking information, and referrer information, if any.

The regulatory supervision and compliance are not only enforced by the laws of CySEC, but also by the MiFID (European Markets in Financial Instruments Derivatives) guidelines. The license by CySEC guarantees EU access to the company, while the EEA (European Economic Area) enables the company to provide its services to all EU nations. ATFX was initially established in 2017 as a liquidity provider for a vast selection of institutional clients. Once the company managed to achieve their objectives with institutional clients, they decided to expand into the retail market.

ATFX Account Types

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. In terms of its client coverage, they aim its CFD trading services at retail traders who use or are interested in using the MT4 platform.

  • Viewing positions directly on the chart, trading from the chart and placing quick orders is possible.
  • They are obligated to protect customer data following GDPR and EDPA guidelines, so they cannot disclose client information to third parties and need to guard against data breaches adequately.
  • MT4 is a well-known platform in the trading industry, known for its advanced features, user-friendly interface, and efficient trading tools.
  • Moreover, all clients can access a demo account completely free of charge.
  • After conducting our research, we have found that ATFX is a reliable brokerage firm that offers secure trading conditions, advanced technology, and a diverse range of trading instruments at competitive prices.

Remember – there’s a difference between trading U.S. stocks as CFDs (tradeable instruments that track the price of an underlying security or asset) and being able to own the underlying stock. If you purchase a U.S. stock, you own the actual shares; if you purchase or trade a CFD, you don’t own the asset itself. According to our database, 92% of forex brokers allow you to trade U.S. stocks as a CFD, while only 28% allow you to own the stock itself. Ultimately ATFX ranks #61 of the 62 brokers graded across our platforms & tools category. Trading financial products carries a high risk to your capital, particularly when engaging in leveraged transactions such as CFDs.

We review all brokers to a strict 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.

Furthermore, the customer service team provides assistance in setting up trading accounts, placing orders, and providing advice on trading strategies. Furthermore, ATFX empowers its clients with access to an array of advanced trading tools that enhance their trading experience. These tools encompass daily technical analysis reports, diverse charting packages, and automated trading strategies. This arsenal equips traders with the insights they need to make well-informed decisions regarding their market entries and exits. Atfx offers a comprehensive range of financial instruments for traders to take advantage of. These instruments include major and minor currency pairs, precious metals, indices and commodities, as well as cryptocurrency CFDs.

ATFX continues to improve because of the recognition and trust of our customers. Check out our client reviews to learn why ATFX is a world-leading broker. Please be advised that certain products and/or multiplier levels may not be available for traders from EEA countries due to legal restrictions.

Best Broker Services for Institutional Clients at ATFX

The Firm has taken the decision to cease providing services to retail clients, with immediate effect. As said in the beginning of this ATFX review, the brokerage is fully MiFID-compliant. What this means is that customer capital is held in segregated accounts, with reputable European banking institutions.

Deposits And Withdrawals Limits At ATFX

Plus, the broker offers demo accounts that allow traders to practice their strategies without risking real money. A good broker constitutes a good service for traders in terms of many criteria including trading instruments,
deposits and withdrawals, as well as customer support. What is good for a certain trader does not necessarily
mean the same thing to you. You can decide for yourself if
ATFX is a good broker for you or not by reviewing the criteria. In general,
ATFX provides trading service in
Forex , Gold & silver , Oil , Indexes , Metals , Spread betting and Crypto .

Broker Services

Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money. If you are looking for tighter spreads, then the Edge Account promises as low as 0.6 pips on the major currency pairs, yet it does have a higher atfx broker review minimum deposit of £/€5,000. For your extra investment, however, you will receive free VPS and educational materials. Whether you’re a newbie Forex trader or a seasoned professional, ATFX certainly makes it easy to trade currency pairs with competitive spreads, and lightning-fast executions.

And Irelands and allows you to speculate on financial markets using margin. Furthermore, spreads for ATFX spread-betting accounts are generally competitive and start at 0.6 pips. ATFX is a global online forex and CFD broker that offers trading services to individual and institutional clients. The company was founded in 2014 and has since established its presence in multiple jurisdictions around the world. ATFX is headquartered in London, United Kingdom, but it operates with regulated entities in various countries, including Europe, Asia, and the Middle East.

They also provide trading strategies content on their website that is worth for a read. The indices section at ATFX offers access to a wide range of underlying assets, such as the SPX500, US30 and NAS100. There’s flexible, non-stop long/short trading, which in Forex terms translates to 24/5. The asset list includes 43 currency pairs, among them majors (like the most popular EUR/USD), minors like AUD/CAD, and exotics, such as the EUR/HUF. You will then be asked to type in some personal details, including your first and last name, email address, phone number, country and you will have to confirm that you allow ATFX to send you information. Once you are done, you will receive a confirmation email with your login details.

As one of the top providers in Europe of trading services, ATFX offers both desktop and mobile device trading in a choice of financial instruments to suit all preferences. Overall, ATFX review 2023 shows that this forex broker takes customer service seriously. Their customer support team is friendly and attentive, helping customers quickly resolve any issues they may have with their trading accounts. Additionally, the team provides knowledgeable information about different trading strategies that could benefit users in their trading journey. Thus, ATFX could be a great fit for traders who require quality customer support services. Atfx offers a range of trading platforms and tools, including the popular MetaTrader 4 and 5 platforms.

Also, you can access the MT4 platform from your desktops, web browsers, and mobile devices. The broker provides a variety of educational resources, market news, insights, and analysis as well. ATFX provide traders with a choice of two primary accounts, including the Edge account and the Standard account. The Standard account will require a minimum deposit of $100 and will offer a minimum spread of 1.2 pips on currency pairs, such as EUR/USD.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.12% of retail investor accounts lose money when trading CFDs/Spread betting with this provider. You should consider whether you understand how CFDs/Spread betting work and whether you can afford to take the high risk of losing your money. ATFX presents the MT4 platform, which is the most popular and widely used trading platform within the FX/CFD industry.