Enjoy a suite of powerful, industry-leading platforms and get the popular charting program TradingView for free. Join the Active Trader program to enjoy waived bank fees for your wire transfers. The company’s focus on superior service has been frequently recognized by the industry. AAFXTrading.com was the recipient of the Malaysian investor show winning the best broker of asia 2013.
A reputable broker will provide useful advice to potential traders. AFXMarkets offers two premium trading platforms to analyse and trade on the global foreign exchange market. For beginner traders setting up a micro forex atfx trading platform account will be absolutely worth it. It will require low capital and generally takes about $100 to set up an account. With this, you can start with the investment journey and try out your hands using the demo account.
Changing the language is a bit tricky on Android devices, though. You can do it only if you change the default language of your mobile. After you have downloaded the MT4 mobile trading platform, you must access the ATFXGM2-Live server. ATFX has a great mobile trading platform, offered by MetaTrader 4. Options for funding your account include bank transfer, credit/debit cards, and electronic wallets. These catch-all benchmark fees include spreads, commissions and financing costs for all brokers.
As long as they are segregated, it is impossible to use them to reimburse creditors. Most brokers have an obvious help center or section with FAQs. Instead, there are webinars and there is ready information for contacting customer support. There are some sections with FAQs, such as those related to trading.
Trade with MetaTrader 4
Ideal for traders who want a traditional currency trading experience. Calculate the foreign exchange rates of major FX currency pairs using our free currency converter. Spreads will vary based on market conditions, including volatility, available liquidity, and other factors. Typical Spreads may not be available for Managed Accounts and accounts referred by an Introducing Broker. In addition, the broker organizes events and sponsorships with global charity actions. So clients can get access to them and meet the support and management team.
Keep in mind that this bonus is not available to all clients. European guidelines make it very challenging to offer bonuses. 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.
How do you withdraw money from ATFX?
You can withdraw funds via the same method by which you deposited and all requests are processed within 1 working day, if submitted before 2 PM . AFTX boasts a London headquarters, and it boasts an extended presence around the world. Do note, however, that they do not support traders from the USA or Canada. Similarly to the web trading platform,ATFX provides only one-step login. ATFX forex fees are low, beating those of its closest competitors for all currency pairs. Non-trading fees include charges not directly related to trading, like withdrawal fees or inactivity fees.
Our review experts discovered that ATFX has been operating in the financial market since 2014 when it was initially known as Positiva Markets Ltd. In its earlier guise, ATFX served as a liquidity provider for large institutional traders, providing spot FX for large trade volumes. As trading fees are low and you can use a demo account, feel free to try ATFX. Besides bank transfer, you can deposit money via credit/debit cards, and electronic wallets such as PayPal, Skrill, Neteller or SafeCharge.
You can easily view your profit/loss balance and the commissions you have paid. On the flip side, the platformfeels outdatedand some features are hard to find. For example, it took us a while to figure out how to add an asset to the watchlist.
How to open your free account
This independent body has the purpose of investigating complaints made against regulated firms. The FOS will investigate your complaint and deliver a response. For the best results and least hassle, ATFX suggests only contacting the FOS following a final response from ATFX. 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.
Similarly to stock index and stock CFDs, the fees are built into the spreads. ATFX has low forex fees, as well as no inactivity and withdrawal fees. To read much more details about the broker’s services and features, expand on the sections below. 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.
You can use the same methods for withdrawal as for deposits. During our test, we had to re-send our documentation to customer service. https://forexarena.net/ In the process, they reached out to us immediately, and after sending our documents, our account got validated almost instantly.
We know it’s hard to compare trading fees for CFD brokers. So how did we approach the problem of making their fees clear and comparable? We compare brokers by calculating all the fees of a typical trade for selected products. We also compared ATFX’s fees with those of two similar brokers we selected, XM and ETX Capital. This selection is based on objective factors such as products offered, client profile, fee structure, etc.
ATFX accepts clients from all over the world.There are a few notable exceptions though, such as Japan, France or Canada. The costs for both stock index CFDs and stock CFDs are built into the spreads.
This feature is available only on the desktop trading platform. You can only deposit money from accounts that are in your name. Thisinitial registration takes minutes, and in most cases, accounts are verified within 1-2 business days. When we tested the process, our account was verified on the same day.
- You can choose between the spread account or the commission account.
- The benefit you will get on AAFX Trading is hard to find.
- The news feeds are OK, focusing mainly on the movements of technical indicators.
- The aafx MT5 trading platform provides you with everything you need to trade the financial markets.
- ATFX has a competitive selection of forex pairs, but its CFD product offering is smallerthan that of its closest competitors, and unfortunately, you can’t trade ETFs or bonds.
Proper analysis and regular updates will make a major difference in achieving your investment goals easily and faster. We aim to provide the traders with market updates up to 6 times a day. In fact, we have got real-time, and house news feeds that will be helpful for you to understand how specific investment is performing. Our exclusive real-time market analysis will make your decision-making process faster. From our experience, the test results and conditions for traders are speaking for themselves.With ATFX you get clearly a good partner on your side. There are different account types available for traders who want to start with ATFX.
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A bank transfer can take several business days, while payment with a credit/debit card is instant. This selection is not the best on the market, lagging behind that of competitors including XM. ATFX’s account opening process is straightforward and fully digital.