ATFX Launches Client Funds Insurance
However, it’s important to note that some payment systems may charge their own fees for deposits, which can vary depending on the location and currency. For example, if a client chooses to deposit funds via Neteller, they may be subject up to a 4.4% deposit fee. For high net worth investors seeking to make investments over $10,000, we invite you to reach out to us at [email protected]. In case the potential client does not understand the risks involved, he/she should seek advice or consultation from an independent advisor. If the potential client still does not understand the risks involved in trading in any financial instruments, he/she should not trade at all.
Trading Signals
You can then click on the signals tab in the toolbox window positioned at the bottom of the platform’s display to choose trading signals that you wish to follow. The minimum lot size you can use when trading FX products is 0.01, and the maximum atfx trading platform lot size is 20 lots. Because of this, potential clients must be very careful when considering ATFX as a valuable broker alternative. The platform is available as both downloadable and installable software, or as a web-based service.
Instruments Traded
If you are looking for a cheaper option, you can try IQ Option, where you can start trading with only $10. Registering for ATFX’s eBooks will help clients understand trading and learn how to enter the financial markets. ATFX’s free educational eBooks mean clients will be able to overcome the struggles of trading by building on existing knowledge of the financial markets. Most brokers have an obvious help center or section with FAQs. Instead, there are webinars and there is ready information for contacting customer support.
Is ATFX regulated?
ATFX’s Global Chief Market Strategist, Alejandro Zambrano, delivers a daily webinar which discusses the current state and trends of certain financial markets. During these webinars, there are also real-time insights provided to traders. Mr Zambrano shares his wealth of knowledge on the markets, as he holds over 12 years of experience. His specialism lies in both fundamental and technical analysis. His strategies aim to minimise risk and help clients to navigate the financial markets successfully. DailyForex.com adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence.
MiFID regulates financial institutions that provide investment services and activities, specifically in the European Economic Area. The EEA includes Liechtenstein, Norway, Iceland, and other EU member states. Users who open a Premium account also receive a number of exclusive benefits, including premium videos and tutorials, plus full access to Trading Central.
Customer Reviews
ATFX also allows the use of EAs, or Expert Advisors, for automated trading strategies. Our ATFX reviewers also discovered you are free to install new EAs, indicators, and make full use of the open-source nature of the MT4 by participating in the MQL community. AFTX boasts a London headquarters, and it boasts an extended presence around the world.
Economic indicators such as interest rates, inflation, geopolitical stability, and economic growth can significantly impact currency prices. For instance, if a country’s central bank raises its interest rates, its currency might rise in value due to the higher returns on investments made in that currency. The MetaTrader 4 mobile application allows trading on financial markets via iOS and Android-powered smartphones and tablets. The functionality offered is similar to the desktop version, with interactive quotes, trading orders, and the most popular analytical tools. MT4 offers advanced technical analysis tools with 30 built-in indicators, over 2000 free custom indicators, and 700 paid indicators.
- You can also enjoy mobile trading via the MetaTrader 4 app, which is designed for both iOS and Android smartphones.
- EU clients are also protected under the Investor Compensation Fund (ICF) for up to €20,000.
- For example, the EUR/USD would be a currency pair for trading the euro against the U.S. dollar.
- With this, you are able to fix any imbalances in your own account.
Market analysis and account management features can also be used through the web interface. MT4 comes in 3 versions, covering Windows, iOS and Android compatibility. All three versions carry all the capabilities of the Windows-based platform. One-click trading, and the history of the trading operations are also included in the package. According to the About Us page of the operator, ATFX was launched back in 2014, by ATFX Global Markets (CY) Ltd., which used to be known as Positiva Markets (CY) Ltd.
ATFX provides award-winning customer support, having been chosen as the broker with Best Customer Service in 2019, by ADVFN. ATFX UK is regulated by the Financial Conduct Authority (FCA). Also, the company holds client funds in segregated accounts that are kept separately from the company’s own capital. The firm is also regulated in North America and the Middle East.
The first step in opening a live account on MetaTrader 4 is to choose a reputable broker (such as ATFX) offers the platform. Look for a regulated broker with a good reputation and who offers the financial products https://forexarena.net/ you want to trade. MT4 is also available on desktop platforms, tablets, and mobile devices for traders on the move. Unless you are a trading genius, getting rich by forex trading is like winning a lottery.
ATFX specifies on its official website that you can exchange real time stocks with your demo account. Aside from trading fees, online agents also bill non-trading fees. These are dependent on the actions you undertake in your accounts. They are charged for operations like depositing money, not investing for long periods, or withdrawals. ATFX is an online brokerage platform, and many online brokerages charge lower fees than traditional brokerages tend to charge.
Individual traders can look at functionality and ease of use when choosing which platform to install. With that approach, you may choose between a web-based platform or downloading the software package before installing it on your computer. Our innovative Comparison Tool is powered by our own proprietary data, and built to take the guesswork out of choosing a forex broker. Products and Services on this website are not suitable for Hong Kong residents. Such information and materials should not be regarded as or constitute a distribution, an offer, solicitation to buy or sell any investments. After I start using ATFX, I have never changed to other platforms.
For example, they may put up $50 for every $1 you put up for trading, meaning you will only need to use $10 from your funds to trade $500 in currency. You must have the right money management routines to be among the best. You have to protect your trading account by committing manageable lot trade sizes. Never get too confident when you have a good run of profits or too scared when a few trades go against your predictions. You can always go back to your demo account to polish your strategy even as you continue to operate a different account to trade forex. The average daily turnover of the forex trading market is up to 5 trillion USD, several times more than any stock market in the world.
It’s essential to be cautious and rigorous in your ATFX broker selection to protect your hard-earned money. Performing your due diligence and researching the reliability of ATFX, its track record, and reputation is vital. Moreover, ensure the ATFX broker’s offerings, trading tools, fees, and regulation align with your requirements. All of the information about the brokers you see reviewed on comparebrokers.org come from our partners, some of whom we have an affiliate relationship with. The datapoints provided are used to calculate a rating based on what we beileve has the most benefit to their users. Globally recognised broker with over 25 years‘ experience in financial trading services.