ATFX Guide – Read our In-Depth ATFX Review
This ATFX review has been updated for 2021 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.
Please note that due to regulations, the content in this ATFX review does not apply to US users.
If you are a new entrant in the realm of trading and brokerage, so many details will be confusing for you. Getting into the area of trading requires expert analyzing skills and thorough knowledge. You will get adept at all of the concepts of broker since you continue trading. For starters, you have to choose the right broker who'll be transparent with you always.
Within this fast-paced world of stock markets and trading, you'll need advice to make proper decisions. A professionally lead investment program will generate hefty returns. ATFX is just one such platform which will take you along with your investment into great heights. It's important that you know about ATFX until you trust them with your money.
Our full ATFX Review covers everything you will need to know about trading with ATFX. A fantastic agent can multiply your initial investments and give you favorable profits. If you want to earn profits, you should trade with a broker service that contrasts with your investment goals.
There's absolutely no sure-fire method to ensure profits; therefore, you should carefully assess your agent before you choose them. It is a frequent misconception that all brokers are the same, but that's not true. Wrong judgment, initially, can put your investments at risk.
ATFX is a broker which has forged its way successfully to the brokerage world. In this review, we have attempted to collate a number of the vital facets of ATFX. This review can allow you to know whether ATFX is a fantastic fit for your investments or not. We've attempted to breakdown all of the features and charges for your convenience.
ATFX Review, Table Of Contents
- Who are ATFX?
- Benefits Of Trading With ATFX
- Everything you should know about trading with ATFX
- Is ATFX Safe To Trade With?
- Pro's & Con's Of Trading With ATFX?
- Compare Brokers Similar To ATFX
- Regulation And Licencing In More Detail
- ATFX Awards
- Minimum Deposit Required For A Live Account With ATFX
- ATFX Commission And Fees Explained
- Compare broker fees against ATFX
- ATFX Withdrawal Fees Explained
- ATFX Deposit Fees Explained
- Compare Broker Deposit Methods
- What Can You Trade With ATFX?
- Alternatives To ATFX
- Frequently Asked Questions About ATFX
Who are ATFX?
ATFX is a foreign exchange broker headquartered in Cyprus and provides a range of instruments for trading. Since its beginning in 2014, ATFX has emerged as a top player in the industry of online brokerage. ATFX includes a highly competitive and full-featured trading site that is focused on forex, indices, metals, stocks , commodities.
Over the past 7 years, ATFX has grown into one of the leading online brokers.
After launching in 2014, their consumer base is becoming as big as 10,000+ clients.
ATFX is the favorite of many traders because of its negative balance protection. Our ATFX review found that they're an excellent alternative for automated trading options. They're best suited for investors who are looking for a variety of assets. Social and automated trading options are the heart at ATFX.
Technology plays a significant role at ATFX. ATFX features trading on MT4, Mac, Web Trader, Tablet & Mobile apps. ATFX is fair, transparent, and also a well-regulated agent by the Cyprus Securities and Exchange Commission (CySEC). Their outstanding array of tools will be beneficial for most traders. Third-party partnerships also provide in-house research.
The educational department at ATFX is quite enlightening for new traders as it permits them to have a closer look at the financial markets. ATFX caters to all types of traders and are a must-have broker for almost any well-diversified approach to online trading.
If you feel that ATFX is not right for you then at the bottom of this ATFX review you wil find a lot of alternatives to ATFX.
What you should know about trading using ATFX
ATFX is a lively platform that offers various methods of online trading. These instruments cover the monetary markets considerably. The Majority of the broker platforms offer less methods than ATFX
If you would like to trade with ATFX, you will require a minimum deposit of $100. This deposit is required if you want to begin trading using ATFX. This 2021 ATFX review will direct you easily about trading with them.
ATFX is as versatile as another broker platform. ATFX is great for traders that want a manageable variety of low-cost services. The platforms supplied by ATFX are third-party, white-label offerings. All traders can choose from MT4, Mac, Web Trader, Tablet & Mobile apps.
Together with everything, ATFX has multiple benefits to new and verteran traders and should be investigated. There's no minimum time over which a trade has to be kept available. The brokers provide premium client service which rewards customers with advantages.
Many unprofessional brokers try to pressurise customers into larger funding for superior services. ATFX, on the other hand, is more focused on trading volume. Traders can expect trading conditions to be fair, honest and transparent. The more lots traded by the consumer, the more advantages will come along.
ATFX accounts are available all over the world and provides outstanding service wherever they have clients. There are only a select few countries where ATFX accounts are not available. Traders in the following countries cannot open or use a ATFX account:
Is ATFX Safe To Trade With?
Launched in 2006, ATFX has been operating for 7 years, they have a head office in Cyprus.
ATFX is regulated by Cyprus Securities and Exchange Commission (CySEC). These figures have rules that ensure that trading platforms have ploicies in place to maintain investor's resources secured. This means that ATFX users don't need to be worried about their money since it is segregated and safely kept in established banks. SSL encryption simplifies each user's private information also.
You can make use of an option for Two Factor Authentications (2FA) with ATFX for increased security. An SMS for the verification code will be sent to a mobile phone. You'll be required to input this code to log into your accounts.
Another concern with fiscal brokers is in regards to security might be manipulation of trading. This is highly disadvantageous for consumers on those platforms. However, this is more widespread in the case of Market Maker brokers who compete with users on the stage.
Pro's & Con's Of Trading With ATFX
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. A comparative analysis can put things into perspective so that you are aware of what to expect.
- ATFX is trusted by 10,000+ clients
- ATFX offers Negative Balance Protection
- ATFX doesn't charge withdrawal fees
- ATFX doesn't charge inactivity fees
- ATFX doesn't charge deposit fees
- ATFX doesn't charge CFD fees
- ATFX offer trading on MT4, Mac, Web Trader, Tablet & Mobile apps
- ATFX offer 57 trading instruments
- ATFX trades major forex pairs
- ATFX trades minor forex pairs
- ATFX trades exotic forex pairs
- ATFX can communicate in
- ATFX does not offer Guaranteed Stop Loss
- ATFX doesn't offer trading on cryptocurrencies
ATFX Review - Compare Brokers Similar To ATFX
|Regulated By||Cyprus Securities and Exchange Commission (CySEC)||Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange||Cyprus Securities and Exchange Commission (CySEC), License No: 209/13||Financial Conduct Authority (FCA)|
|Find Out More|
|Risk Warning||Your capital is at risk||Your capital is at risk||Losses can exceed deposits||Your capital is at risk|
ATFX Review - Regulation And Licencing In More Detail
ATFX is regulated by Cyprus Securities and Exchange Commission (CySEC).
ATFX, as a business, has a strong collection of rules for ensuring honest trading on its platform. For data encryption purposes, it supplies an industry-standard secure socket layer (SSL).
In accordance with the company's privacy regulations, customer information is to not be shared with some other institutions or individuals. This includes credit history and other financial information.
ATFX Review - Awards
- At the time of writing this ATFX review, they had not received any awards.
ATFX Review - Minimum Deposit Required
The minimum deposit you need to get started on ATFX is $100. This is an adequate amount for those just starting out. You can make more advanced residue as you go along. But, ensure that you know how to make the most of your cash before investing in larger sums.
ATFX Review - Commission And Fees Explained
ATFX is an online brokerage platform, and most online brokerages charge lower fees than traditional brokerages tend to charge. The cause of this is that the companies of online brokerages are scaled better. In other words, an online broker isn't necessarily affected by the number of customers they have.
However, this doesn't necessarily mean that online brokers don't charge any fees. They charge fees of varying rates for various services to make money. There are primarily 3 different types of penalties for this purpose.
The first kind of charges to keep an eye out for are trading charges. When you make an actual trade, like purchasing a stock or an ETF, you're charged trading charges. In such instances, you are spending a spread, funding speed, or a commission. The kinds of trading charges and the rates vary from broker to broker.
Commissions could be fixed or determined by the traded quantity. On the flip side, a spread refers to the gap between the buying and selling price. Financing or overnight rates are people that are charged when you maintain a leveraged position for more than daily.
Apart from trading fees, online agents also bill non-trading fees. These are determined by the actions you undertake on your account. They are charged for surgeries like depositing money, not trading for long periods, or withdrawals.
Generally, ATFX doesn't charge high fees in comparison to other online brokers. For operations other agents charge for, they do not charge a broker fee, or they charge a lesser sum. This is beneficial for people who often exchange, for example weekly or daily trading.
However, non-trading fees billed by ATFX are comparatively greater. Consequently, you are charged more for non-trading activities on your trading account, like withdrawal and deposits. These aren't related to the purchase and sale of resources.
This ATFX review breaks down every one of the applicable non-trading charges for you in detail.
Compare broker fees against ATFX
ATFX Review - Withdrawal Fees ExplainedATFX doesn't charge withdrawal fees
Withdrawal of money is possible at any time from your ATFX account. It's possible to draw sums up to the sum of your account balance, keeping aside the margin used. One thing to keep in mind is that you don't always need to have any cash on your accounts.
In addition, the withdrawn money will be transferred directly to the account you use to make deposits. Thus, if you used a credit card for deposits, then the withdrawn money will be sent into the card. ATFX will ask you to provide other withdrawal methods in case your details have changed since your deposit.
There is a minimum withdrawal amount. In case you're withdrawing money in different currencies from USD, a conversion fee is also important. The conversion fee will depend on the money you are opting to draw in.
ATFX Review - Inactivity Fees Explained
Understanding whether you will be charged inactivity fees is one of those buzzing questions which run through your head while open an account with ATFX. An inactivity fee is an amount charged to registered dealers who haven't engaged in buying or selling for a while. The period considered inactive is determined by the agent.
The inactivity fee differs from one agent to another and isn't generalized. If a traders account doesn't have a buying or selling transaction, it's claimed by the agent as an inactivity fee. The traders need to pay this commission under terms and conditions they had agreed while registering.
ATFX doesn't charge inactivity fees so you are free to utilize your account as needed
Even if no fees have been indicated by ATFX, it is better for you to close the account if you are inactive. Inactivity fees are not only charged by broker firms but also many financial services.
For other trading platforms, the inactivity fee is contingent on the sort of account you have chosen. The inactivity fee is subjected to a lot of circumstances and should be disclosed clearly by the agent beforehand.
ATFX Review - Deposit Fees Explained
When you move money in your trading account by your bank account, a deposit fee can be billed by the broker. Most agents don't charge too much money for this particular operation.
ATFX doesn't charge deposit fees so you are free to transfer smaller amounts of money in more regularly if needed
Depositing money on the ATFX trading platform is easy. You just need to complete a single-user profile survey to begin depositing money into your trading account. You'll have to give an identity evidence and proof of residency to deposit substantial sums.
ATFX Review - Compare Broker Deposit Methods
What Can You trade With ATFX?
Note: ATFX provides many different trading instruments due to regulatory restrictions in a few countries. Trading instruments offered can differ depending on the country of residence of the client.
ATFX has a wide variety of over 57 instruments available for you to trade with.
If trading forex pairs is of interest to you then ATFX offer over 45 forex pairs.
Compare ATFX, Sharekhan, NordFX & Abshire Smith below.
Alternatives To ATFX
If, after reading this ATFX review, ATFX does not fulfill your needs check out these ATFX alternatives.
We've scoured the internet to find the best alternatives to ATFX. Click on the links below to learn more.
Frequently Asked Questions about ATFX
Can I try ATFX before I buy?
Yes, you can most certainly try ATFX before you buy. ATFX provides demo accounts for the convenience of new traders. You may use this feature to build your faith in the system and yourself and your trading strategies.
If you sign up to get a demonstration account on ATFX, you may set out with a decent amount of virtual money. It is to establish a feeling of security and confidence in you until you choose to invest your own money.
With this virtual ATFXdemo account, you can experiment at all, to whatever length you wish. You can even open positions, examine different trading approaches, and more.
ATFX specifies on its official site which you are able to trade real time stocks in a demo account.
Is ATFX safe?
It is possible to drop all your worries because we believe that ATFX is perfectly safe to use. It is in compliance with the principles of Cyprus Securities and Exchange Commission (CySEC).
Even so, ATFX does not provide assured stop-loss protection.
Why does ATFX ask for my passport?
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.
How can I start trading with ATFX?
The process to start trading withATFX is perhaps simple enough to be a cakewalk. You need to begin by signing up on the ATFX website. It will require you to fill in details pertaining to the credibility and security of your account.
Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live acocunt with ATFX is $100. You should have a good hold over the nuances of online trading before you set out and trade with real money.
If you are confident of your knowledge and understanding, you can open an account with ATFX.
The best way to kickstart your trading career with ATFX is to open a demo account facility before risking any real money
What funding methods do ATFX accept?
There are a number of methods to finance your account with ATFX. The process is effortless and quick, with various payment methods in your fingertips.
You can use credit or debit cards Which range from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal can be at your disposal for depositing funds. You have to bear in mind that PayPal is not available in all country. The currencies ATFX
Is my money safe with ATFX?
Yes, your cash is safe and protected with ATFX. As you know, ATFX operates with proper conformation to. It's established lots of steps to protect all its investors.
ATFX protects its clients' personal and sensitive data under SSL encryption. Your capital will be retained highly secure in top-tier banks.
If you wish to further safeguard your accounts, you can empower Two-Step Verification also. It requires an SMS affirmation for you to access your account.
Is ATFX trading good?
Yes, trading through ATFX is a nice and decent experience indeed. It is an excellent and intuitive platform with helpful features for your simplicity. Moreover, you could also gain access to a huge collection of educational tools and assistive substance to kickstart your trading expertise.
If you remain skeptical, you can start a eToro demo account and assess the trustworthiness of the platform on your own.
Which Countries does ATFX support?
ATFX operates around the world. However, due to regulations there are some countries that ATFX do accept clients resident in
Is ATFX legit?
ATFX is a legit company headquarted in Cyprus since 2014. They are regulated by Cyprus Securities and Exchange Commission (CySEC). ATFX is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.
Is ATFX a good broker?
ATFX is a great broker, and its own users may vouch for it. The highlight of the platform is its fast order execution on trades.
You'll discover the clean layout of the platform and the admirable features a pleasure to work with.
Is ATFX a trustworthy broker?
Yes, ATFX is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 10,000+ users registered with them can reaffirm their trustable nature.
What is the minimum deposit for ATFX?
The minimum deposit to open a live account with ATFX is $100
How long do ATFX withdrawals take?
Normally, withdrawal of money from ATFX is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for the withdrawal from ATFX to show in your bank account.
Are ATFX regulated?
ATFX are regulated by Cyprus Securities and Exchange Commission (CySEC)
Is ATFX a market leading broker?
ATFX is indisputably among the business leaders. It supports over 10,000+ registered customers and over 7 years of expertise on its own record. They're among the world's top trading platforms and also a dominant figure in the Fintech revolution.
It majorly owes this status to its unbelievable platform and wide selection of resources plus tools so that you may put money into capital markets.
Is ATFX a con?
No, ATFX is not a con. They are regulated by Cyprus Securities and Exchange Commission (CySEC) and must adhere to their rules. Thus, it is safe to say that ATFX is not a scam.
Can you make money with ATFX?
Using ATFX, many traders make a lot of money. But on average, through consistent trading, you also can create between 2% - 10% profit a month.
This may seem like a small number, but over the year, this adds to a significant amount of gains. Even though ATFX supply you all the tools to make money, they cannot guarantee that you will profit.
Does ATFX have fees?
Yes. To begin trading using ATFX, you need to deposit $100. Certain commissions while trading additionally apply. Any processing fees from your bank will have to be incurred by you.
When was ATFX founded?
ATFX was founded in 2014 in Cyprus. ATFX is regulated by Cyprus Securities and Exchange Commission (CySEC).
How many people use ATFX?
ATFX is a globally recognised broker with 10,000+ customers.
Where is the ATFX head office?
ATFX has its head office in Cyprus
Does ATFX offer negative balance protection?
Yes, ATFX has Negative Balance Protection. It's specially offered while the market volatility prevents clients from letting their accounts go in the red. In a situation like this, ATFX provides the ability to reset a clients account balance to zero.
You should go through the important terms and conditions on ATFX's site to comprehend their policies.
Does ATFX offer guaranteed stop loss?ATFX regrettably, does not offer guaranteed stop loss. ATFX gives a chance for its dealers to close their trade in their given price. Apart from that, ATFX doesn't provide guaranteed stop loss.
Does ATFX allow scalping?Yes, ATFX do permit scalping. Several traders across the world choose ATFX for their services that are trading. They offer trading on MT4, Mac, Web Trader, Tablet & Mobile apps which let this.
Does ATFX allow hedging?
Yes, ATFX does allow hedging.
Can you trade energies with ATFX?
No, unfortunately you cannot trade energy stock with ATFX
Can you trade agricultural shares with ATFX?
No, unfortunately you cannot trade agricultural stock with ATFX
Can you trade cryptocurrency with ATFX?
No, unfortunately you cannot trade cryptocurrency with ATFX
Can you trade metals with ATFX?
Yes, you can trade metals with ATFX
Can you trade UK Shares with ATFX?
No, unfortunately you cannot trade UK shares with ATFX
Can you trade US Shares with ATFX?
No, unfortunately you cannot trade US shares with ATFX
Can you trade Japanese Shares with ATFX?
No, unfortunately you cannot trade Japanese shares with ATFX
Can you trade German Shares with ATFX?
No, unfortunately you cannot trade German shares with ATFX
Does ATFX accept bank transfers?
No, ATFX does not accept bank transfers.
Does ATFX accept credit cards?
No, ATFX does not accept credit cards.
Does ATFX accept PayPal?
No, ATFX does not accept PayPal.
Does ATFX accept Skrill?
No, ATFX does not accept Skrill.
Does ATFX accept Payoneer?
No, ATFX does not accept Payoneer.
Does ATFX accept Neteller?
No, ATFX does not accept Neteller.
Does ATFX offer Live Chat customer support?
No, ATFX does not offer customer support through live chat.
Does ATFX offer phone customer support?
No, ATFX does not offer customer support over the telephone.
Does ATFX offer email customer support?
No, ATFX does not offer customer support through email.
What languages can ATFX communicate in?
ATFX has the ability to communicate and support customers who speak:
Does ATFX have a wikipedia page?
No, ATFX does not have an official wikipedia page.
Does ATFX offer demo accounts?
Yes, ATFX offers demo accounts so you can learn their systems before risking any real money.