The broker does not offer very detailed information on its trading security measures. The broker offers clients protection through the investor compensation fund of up to €20,000. Moreover, ATFX offers traders negative balance protection that ensures that traders will not lose more money than deposited. Among the educational resources for ATFX clients, we have webinars that take place every week and face-to-face seminars that take place in different countries. Even advanced traders also use this account to test-run new strategies that may be risky if using their main accounts. Our review of ATFX shows, that clients are given the classic MT4 trading platform.
- The operator was helpful and provided lots of insights to our questions.
- In most cases, people think that they have read or heard enough and that they can’t be victims.
- The staff at ATFX all undergo complaint-handling training.
- There are also several cryptocurrency CFDs available.
- ATFX chose to sponsor this particular event since it began in the UK and is promoted in regions worldwide.
- The platform can be downloaded on your desktop, as well as on your mobile and it only takes a few minutes.
To protect against an unfortunate event of insolvency, ATFX has FSCS coverage.This scheme is only available for clients trading with organizations authorized by FCA. It comes into effect in a special case when the company is unable to satisfy its repayment claims. What happens, in this case, is that the FSCS awards each client a compensation fee of about £85,000 for eligible investments. For FCA authorizing the company officially means it is approved by the company as an FX and CFD broker. Having the potential to make someone go into a debt trap, the scammers lure their victims in with irresistible offers and discounts.
Since ATFX is a regulated firm, it has a clear complaint-handling procedure. This includes a full response as well as an explanation. The staff at ATFX all undergo complaint-handling training. In most cases, ATFX is able to resolve complaints early on. ATFX also has its own self-developed accounting system which is automatic. It ensures that withdrawals are only possible when the identity of the client matches the information on the account.
How to trade on ATFX
In this segment, we will be telling our readers about a few important points that you must look for in a broker before opening an account with them. Some brokers will charge overnight holding amounts and inactivity charges which can reduce your investment. ScamBroker.com is a broker reviews website, and does not offer any investing advice or service. Nothing on this website should be considered a recommendation or endorsement. We are not responsible for any losses you may incur, by investing with a company mentioned on this website. We may receive compensation from the companies we write about.
You can actually switch to demo at any time, even after you have deposited funds into your real account. 81% of retail investor accounts lose capital when trading CFDs with this provider. Cryptoassets are unregulated in some EU countries and the UK.
It is best to confirm that ATFX is available in your country if it is not explicitly stated. Deposit funds from a credit card, E-Wallet or bank transfer to start trading. In addition, the broker organizes events and sponsorships with global charity atfx trading platform actions. In the future, there are more offline events planned. So clients can get access to them and meet the support and management team. ATFX Payment methodsTrade more than 6,000 markets without commissions and professional platforms.
The first time you click on one of the two, a risk disclaimer will pop up and you will have to accept the terms and conditions before being allowed to continue. Once you’ve done that you are free to trade as much as you want. After you’ve created your account you can move on to the deposit page to place funds in your account and start live trading. You will have to deposit at least $200 to be allowed to start trading. ATFX offers a variety of two account types – the Standard account and the Edge account. Here are some of the main differences between the two accounts.
This way, you can find any asset and use the available advanced trading tools with it. That, in turn, improves the transparency of trading conditions. Depending on the country that you sign up for ATFX in, you may have access to a bonus. This only requires opening up a Live Account and then depositing $200. Once you trade six lots, the credit becomes withdrawable. Professional client classification is also available from ATFX.
ATFX review – the verdict
Your website will be approved and you can get started. Take a look at the various ATFX marketing materials so you can increase your conversions. For every client you introduce, you earn a CPA commission. You receive the commission once the client meets a minimum trading threshold.
Depending on the type of account you have, it is also possible to use a VPS via ATFX. The use of a virtual private server leads to more secure execution of Expert Advisors. That execution tends to be quicker with a VPS and more reliable.
satisfy for ATFX service
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. MT4 Desktop allows for diversification thanks to full support for a range of assets. To opt for an Edge Account, you simply create your ATFX via the regular process. Once you validate the live account, you can contact ATFX customer service to switch to an Edge Account. If your Edge Account drops below the $5,000 equity minimum, ATFX may change it to a Standard Account.
You can’t set alerts and notifications on the ATFX web platform. This feature is available only on the desktop trading platform. You can only withdraw money to accounts that are in your name. We tested credit card withdrawal and it took 2 business days. You can only deposit money from accounts that are in your name. A bank transfer can take several business days, while payment with a credit/debit card is instant.
The Trading Central access provides professional data analysis and technical strategies for a range of assets. These include indices, precious metals, currencies, and commodities. Strategies are updated ten times every day for each product for up-to-date information.
It also includes the full flexibility of the Desktop platform plus advanced charting. Pending order options include Buy Limit, Buy Stop, Sell Stop, and Sell Limit. All pending orders connect to company instructions within the server.
It offers a comprehensive education and analysis sections. Luckily though, MT4 has a mobile version as well, so mobile trading will not be an issue. However, we do need to adjust based on the number of potential clients they need to answer, which creates a big difference. The support staff was quite fast at answering the requests we made.
It goes against our guidelines to offer incentives for reviews. We also ensure all reviews are published without moderation. We use dedicated people and clever technology to safeguard our platform. Companies can ask for reviews via automatic invitations.
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Make sure to verify under which entity you belong before opening an account. However, make sure to verify to which entity you belong https://forexarena.net/ before opening an account. If you were scammed by an ATFX broker, first thing is to understand you are not the only one.