Unfortunately, ATFX doesn’t provide Islamic accounts without overnight swaps. You can test its platform with a demo of $100,000 virtual funds. On June 2020 ATFX has added Autochartist, a leading automated market analysis software.

Lots of Products available Great!

Professional clients do not have to deal with the margin increases from the ESMA changes in 2018. The European Securities and Markets Authority restricted certain products for retail clients starting Aug. 1, 2018. ATFX uses the most recent bridging technologies to get the best rates from its liquidity provider. The payment systems on ATFX are super-fast, including for deposits and withdrawals. All customer service details are country-specific and can be found on the broker’s website.

ATFX Professional Clients

The low initial deposit on the Standard account makes this broker one of the very few FCA-regulated Forex brokers operating from the City of London. The WebTrader is a stripped-down version of the desktop platform. However, it comes with almost all the basic technical indicators and technical analysis tools. Client funds are held in segregated accounts in top-tier UK banks. Moreover, ATFX is a member of the Financial Services Compensation Scheme (FSCS), which means your investment is fully guaranteed, up to £85,000 by the FSCS.

Popular Forex Guides

1. ATFX provides an updated list of trading conditions for each asset to ensure convenience and transparency.
2. It starts with the New Zealand opening, followed by Australia, Tokyo, and London, and finally closing in New York.
3. If you see that you are making profits, you can always deposit more.
4. You can contact a member of staff Monday to Friday from 9 am to 5 pm.
5. However, the Bitcoin CFD spread starts from 40 pips, which sounds like a lot, but is rather competitive in the industry.

He has several years experience in the forex trading business and has started to trade in Bitcoin and other crypto markets too. The trading platforms offered by ATFX are outstanding and EAs are supported. The leverage levels are reasonable as well, and customer support is excellent. Must be really good otherwise there’s no chance of getting these many 5 star reviews with not even one of them star.

Maximum leverage

There are also changes to considerations for best execution. For retail clients, priorities are the transaction cost and the overall price. For professional clients, speed and execution likelihood also play a role. ATFX also has a mobile application for trading on the go and convenience. Clients can also enjoy full account management via the sleek client portal.

Account types and software variety

All funds are returned to the original payment source that was used to make the deposit. ATFX provides a list of default leverages for clients that can be found in its Trading FAQ section. That said, there are plenty of learning and support features included on the website that provide beginners with a clear insight into the world of trading and spread betting. Not segregating the customers can also be an issue in the long run as processing trades becomes a bit too chaotic.

ATFX Spreads vary depending on the account type with spreads on the Edge account are low and competitive compared to any broker in the industry. They start from 0.6 pips but they vary depending on the asset you are interested in. The spread on EUR/USD starts from 0.6 pips and for the forex majors, the minimum spread does not go over 0.8 pips. As for the forex minors, the minimum spread starts from 0.9 on pairs such as CAD/JPY and AUD/NZD and goes up to 2.8 for the GBP/NZD pair.

Furthermore, you can set parameters and display methods for every chart type and indicator. MT4 Desktop allows for diversification https://traderoom.info/ thanks to full support for a range of assets. Pending order options include Buy Limit, Buy Stop, Sell Stop, and Sell Limit.

It can lead to a great deal of time savings in research or supplement a client’s other research strategies. You can change the time zone or the dates you wish to view. There are also filters, including for country, time, importance, and category.

AT Global Markets (UK) Limited was founded in 2017, and has its registered office in the financial hub of London, in City. Its office is located on the 1st Floor, 32 Cornhill, in London, and it’s regulated by the FCA in the United Kingdom. Asktraders is a free website that is supported by our advertising partners. As such we may earn a commision when you make a purchase after following a link from our website.

Most of the trading activity happening on the forex market is by institutional participants like banks or funds. ATFX offers a decent variety of trading products for you to choose from compared to other forex and CFD brokers such as Coinbase and Plus500. There are over 80 assets you can choose from, including stocks, forex, and https://traderoom.info/atfx-a-reliable-broker/ indices. Also, anyone, even visitors to the website, can access its Forex Education Center which hosts several introductory courses about Forex and CFDs trading. Furthermore, we found the Web TV segment of ATFX to offer up-to-date insight into emerging trading opportunities that could be even beneficial to professional traders.