ATFX

ATFX Review: Is ATFX a Good Broker?

ATFX Broker Overview and General Information

ATFX is an international broker founded in 2014 and headquartered in London, UK. It is regulated by authorities such as FCA, CySEC and ASIC. It offers a wide range of products including Forex, Commodities, Indices, Shares and Cryptocurrencies, along with the MetaTrader 4 and WebTrader platforms.

Broker Licensing and Regulation

If you ask whether ATFX broker is good or not, you must start by considering the license factor first, which has the following licenses:

• AT Global Markets SA (Pty) Ltd is regulated by the Financial Sector Conduct Authority (FSCA) in South Africa, FSP 44816.

• AT Global Markets (Australia) Pty Ltd is regulated by the Australian Securities & Investments Commission (ASIC) in Australia, License: 418036.

• ATFX MENA FINANCIAL SERVICES LLC is regulated by the Securities and Commodities Authority (SCA) in the United Arab Emirates, License Type 5: 20200000078.

• ATFX Global Markets (C.Y.) Limited in Cyprus is regulated by the Cyprus Securities and Exchange Commission (CySEC) License: 285/15.

• AT Global Markets Intl Ltd is licensed by the Financial Services Commission (FSC) in Mauritius. License: C118023331.

• AT Global Markets (SC) Limited is regulated by the Financial Services Authority (FSA) in Seychelles, License: SD093.

Warning:Each type of license has different regulatory scopes, such as the countries the authority is regulated in and the websites it is authorized to operate on.

• CySEC license number 285/15 regulates any activities taking place underhttps://atfxgm.eu/en/

ATFX Products and Services

Trading products

Forex

• Trading foreign currencies such as EUR/USD, GBP/USD, USD/JPY

• There are major, minor and exotic currency pairs.

Index

• Investing in stock market indices such as US30 (Dow Jones), NAS100 (Nasdaq), GER30 (DAX)

• Suitable for investors who want to diversify their risks in the capital market.

Commodities

• Gold, Crude Oil, Silver and other commodities

• Provides investment opportunities in globally valuable assets

Shares

• Trading shares of world-class companies such as Apple, Tesla, Microsoft.

• Provides opportunities to invest in foreign stock markets through CFDs (Contract for Difference).

Cryptocurrencies

• Trade cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC).

• Emphasizing transparency and safety in the digital market

Trading Platform

• Meta Trader 4

  A popular platform trusted by traders around the world because it has a complete set of tools for chart analysis and also has a system that allows for automatic trading.

• MetaTrader 5 (MT5)

  MT5 is the next generation platform from MT4, adding new and modern features to support traders who need flexibility and advanced functionality.

• ATFX Mobile App

  A trading platform designed for trading on smartphones, tablets and mobile devices. Traders can download it for both IOS and Android. The app supports trading in Forex, Stocks, Indices & Commodities.

ATFX Account Types Review

Standard Account

The latest information shows that the broker only offers one type of trading account, the ATFX trading account which acts like a trading wallet with the following features:

• Set up automatic trading: Use MT4 to set up automatic trading based on your established strategies.

• Trade a variety of assets: Whether it's currency pairs (Forex), stock indices or commodities.

• Account spread details start at 1.8 for Forex trading.

• The maximum leverage is 1:400. The condition is that you have $250 in your account.

• The required margin for a hedged position is 30% of the total margin amount.

MAM/PAMM Account

What is a MAM/PAMM account?

• Combined Accounts: Think of it as pooling the money of several people and investing it in one account.

• Manager: A professional (called an account manager) oversees and makes trading decisions on your account.

• Profit Sharing: Any profit or loss incurred will be shared among all investors in proportion to their investment.

Why use a MAM/PAMM account?

• For those who don't have time: No need to monitor the market yourself, the manager will do everything for you.

• Learn from the experts: Learn trading strategies from experienced people.

• Diversify Risk: Investing with multiple people helps spread risk.

• Low investment: You don’t need a lot of money to start.

Deposit and Withdrawal Review

Deposit

VISA:

• Fee: None

• Minimum deposit: 50 USD

• Processing time: Instant to 1 business day

Master Card:

• Fee: None

• Minimum deposit: 50 USD

• Processing time: Instant to 1 business day

Skrill:

• Fee: None

• Minimum deposit: 50 USD

• Processing time: Instant to 1 business day

Neteller:

• Fee: None

• Minimum deposit: 50 USD

• Processing time: Instant to 1 business day

Perfect Money:

• Fee: None

• Minimum deposit: 50 USD

• Processing time: Instant to 1 business day

Bank Wire:

• Fee: None

• Minimum deposit: None

• Processing time: 3-7 business days (depending on the bank)

Withdrawal

VISA:

• Currency: USD

• Fee: None

• Processing time: Depends on the bank's operation.

Master Card:

• Currency: USD

• Fee: None

• Processing time: Depends on the bank's operation.

Skrill:

• Currency: USD

• Fee: None

• Processing time: Instant to 1 business day

Neteller:

• Currency: USD

• Fee: None

• Processing time: Instant to 1 business day

Perfect Money:

• Currency: USD

• Fee: None

• Processing time: Instant to 1 business day

Bank Wire:

• Currency: EUR, USD

• Fees: No fees for amounts over US/EUR $1,000*

• Processing time: 3-7 business days (depending on the bank)

Warning: Users have reported issues with slow withdrawals, especially bank withdrawals, which in some cases took up to 7 days.

Support and Customer Service

• Live Chat

• Line -https://line.me/R/ti/p/@016terhb

• Email:[email protected]

• International phone number:1-800-012-752

Summary: Is ATFX Broker Review Good?

From all the information, ATFX broker has all the qualities to be a good broker, but it may be more suitable for professional traders due to the high minimum deposit.

Therefore, it may not be suitable for new traders because there are no account types that support low minimum deposits and there are no bonuses to help new traders. However, for new traders, they may need to find a broker that is suitable for starting and has bonuses or promotions to help.

Frequently Asked Questions about ATFX

Q: How much does it cost to open a trading account?

A: There is no charge for opening an account, but a required deposit is required, which varies depending on the account type chosen.

Q: Can I open two trading accounts?

A: Yes, some traders have separate accounts for trading two strategies to make it easier to isolate the results. Many traders use a demo account alongside a live account to experiment with different methods and strategies, and we will help you do that.

Q: Are there any deposit fees?

A: There are no fees when you deposit via bank transfer, credit/debit card or e-wallet.

If you do not use a UK credit/debit card, a small fee may apply. However, this will be refunded as soon as proof of charge is received.

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ATFX Review Compare spreads, fees, trading platforms, deposit and withdrawal conditions and more with real user reviews to help you decide which broker suits your needs.

High minimum deposit