Each year we publish tens of thousands of words of research on the online forex brokerage industry, and we evaluate dozens of international regulator agencies (click here to learn about how we calculate Trust Score). It’s important to make sure that your forex broker is well-trusted and properly regulated in order to avoid forex scams. To see an intuitive, comprehensive list of highly regarded regulatory agencies, check out our Trust Score page. Also, be sure to check out our in-depth reviews of forex brokers – we detail the regulatory status of each individual forex broker across the international forex landscape. Check out our Forex Broker Compare Tool to compare dozens of the biggest forex brokers in the industry and analyze their top tools and features. Our Compare Tool is fed by data gathered by our expert researchers for our forex broker reviews, so you can feel confident you have the most up-to-date information at your fingertips.
- Our review team were pleased to discover withdrawing at AFTX is equally simple.
- Finally, if you meet the criteria of for a Professional account, this gives you access to higher leverage as dictated by ESMA rules.
- Traders will also be pleased to know that scalping is available on the site as well as automated trading.
When it comes to forex trading, they offer access to only 42 currency pairs, which is less than the majority of other platforms. They still provide you with the ability to trade all of the major pairs but offer a limited selection of minor and exotic currency pairs on their platform. 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. 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. Saxo Bank offers the most tradeable CFDs in the industry, with a staggering 60,000+ tradeable symbols available.
Trading Environment
There is also a phone number available if you are calling from outside the UK. Overall, ATFX does not charge any deposit and withdrawal fees and offers a fair selection of payment methods. ATFX is regulated by several regulators including The Financial Conduct Authority (FCA) which is the most trusted regulatory agency in Europe together with CySEC. ATFX is also regulated by the Cyprus Securities and Exchange Commission (CySEC), and Market in Financial Instruments Directive (MiFID). Trading is very simple, you will have the asset list on the left side of the screen, the charts where you can buy and sell assets on the right side and the trading history on the bottom.
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 lot size is 20 lots. The commercialisation of services and the acquisition of clients can only be carried out
in Spain by an authorised entity or through a tied agent. I have worked with other brokers and definitely none have given me the experience that ATFX has, switching to ATFX has been the best decision I have ever made.
Besides, ATFX also does not provide services to politically-exposed countries such as North Korea, Syria, Iran and a few others. 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. User friendly platform, responsive support team, useful tools and indicators, tight spreads are only few reasons why I find ATFX fit as my preferred broker in online trading. He has several years experience in the forex trading business and has started to trade in Bitcoin and other crypto markets too. ATFX training provide many educational resources, including daily webinars, one-to-one coaching, a dedicated forex education centre, and advanced education for Premium account holders.
All accounts allow unrestricted trading, including the ability to scalp, hedge, and use Expert Advisors (EAs) on their accounts. This broker did not score well during our testing process and is not recommended by our experts. We strongly suggest choosing a broker that has gained a high score through excelling in all departments instead. To learn more about how we test and recommend brokers, read our methodology. Joey Shadeck is the Content Strategist and Research Analyst for BrokerNotes.co and ForexBrokers.com. He holds dual degrees in Finance and Marketing from Oakland University, and has been an active trader and investor for close to ten years.
To see the complete list of Industry Award winners (and to learn more about our Annual Awards from our Director of Online Broker Research, Steven Hatzakis), check out our ForexBrokers.com Annual Awards page. With no proprietary mobile app available, TopFX trails behind industry leaders such as IG and Saxo Bank. For our top picks among trading apps, read our guide to Best Forex Trading Apps. No, based on your detected country of NL, you can’t open an account with this broker. ATFX offers around 50 assets to trade from across the categories of currencies, indices and commodities.
Intro on ATFX
You can download the MT4 app on your phone, and through it, you will be able to access your ATFX account. You will then get some login details that you will be asked to keep in a safe place and that you will need for future access to the platform. The most popular payment option is MasterCard or VISA credit and debit cards, but you can also use e-wallets such as MoneyBookers, Neteller, and others. We are certain that the transfers are accepted in a variety of currencies but please contact customer support if you are not sure whether your currency is accepted. For starters, client accounts are maintained at reputable international banks in segregated accounts. Additionally, this Forex broker is fully licensed and regulated by the Cyprus Securities Exchange Commission (CySEC).
CFDs, or “contracts for difference,” enable traders to speculate whether the price of a stock, forex pair, market index, or commodity will go up or down without taking ownership of the underlying asset. If you’d like to learn more about how CFDs work (and to see our picks for the best CFD trading platforms), check out our full-length guide to the Best CFD Brokers and Trading Platforms. There are some very positive aspects of the broker, such as the availability of the MT4 trading platform as well as the education and resources section of the website.
What is the minimum deposit requirement for opening an account with Admiral Markets?
There is extraordinarily little information regarding the account features on the broker’s website apart from the range of markets, the platform type, and what traders can expect. Traders should also seek out brokers who offer a free demo account, as this will allow them to conduct a test run of the broker’s features before deciding to sign up for a live trading account. Admiral Markets provides traders 80 currency pairs (e.g., EUR/USD) compared to ATFX’s 44 available pairs. If you are interested in trading CFDs, Admiral Markets offers traders access to 6942 CFDs, while ATFX offers access to 150 CFDs; so Admiral Markets offers 6792 more CFDs than ATFX.
Best Broker Services for Institutional Clients at ATFX
The forex market is the largest and most liquid market in the world, representing every global currency with trading conducted 24 hours a day, five days a week. The minimum amount you will have to deposit to be allowed to access the trading space is $200 for the Standard account. For those who choose the Edge account, the is a minimum deposit requirement of $5,000.
Popular Forex Education
The company is operated and owned by ATFX Global Markets (CY) Ltd and is a fully licensed and regulated broker with authorisation from CySEC for clients complete peace of mind. Offering secure and segregated client accounts, this is certainly a very safe and reputable choice of broker. These are provided by market-renowned sources such as Bloomberg, Thomson Reuters, and Dow Jones, as well as primary trading platforms. ATFX offers excellent customer support, which consists of a live chat option, global telephone lines, and email support. ATFX offers one type of trading platform, namely the highly popular MetaTrader 4.
ATFX is a UK forex brokerage brand that offers access to the forex and CFD market through the popular MetaTrader 4 platform. While its trading conditions and product portfolio are nothing special or exclusive in the forex world, ATFX has a distinct advantage over many of its competitors, and that is, its solid regulation. 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. Nearly every trader on the planet owns a smartphone, but that doesn’t mean that every mobile trading app offers the same forex trading capabilities.
It also permits clients to trade with various currencies, including EUR, USD, and GBP. Furthermore, ATFX offers Swap-Free accounts, also known as Islamic accounts, for Muslim traders. The company guarantees the security of clients’ funds by segregating them from its accounts and refraining from using them for operational purposes. Moreover, based on our research the broker offers negative balance protection, which atfx trading platform safeguards traders’ accounts from going into negative balance during times of market volatility or unexpected events. As a regulated broker based in the United Kingdom, we have found that the firm offers competitive trading conditions suitable for traders at all levels. Additionally, it provides a variety of trading services with low pricing and transparency, making it an attractive option for traders.