The goal of MiFID was to harmonize financial market governance in the EEA. It also aims to improve financial transparency, efficiency, competition, and consumer protection. With MiFID, investment firms are able to freely offer services within other member state’s territories or those of third parties.

ATFX presents the MT4 platform, which is the most popular and widely used trading platform within the FX/CFD industry. The platform has the capability to be used as a web-based platform through a web-based browser, and as an application on smartphones and tablets. A demo account is available with ATFX, which is typical with nearly all Forex and CFD brokers. When compared to other trading platforms, ATFX offers a very competitive and impressive CFD fee structure.

Spreads fee details

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. Newer user ratings have greater impact than older ratings and user ratings have no impact after 5+ years old. The more reviews a company receives, the higher the maximum possible aggregate user rating.

How ATFX Compares to Other Brokers

ATFX offers an Edge Account that has better spreads and faster speeds. It is designed for advanced traders and also includes additional latency reduction. The broker also makes the process of opening accounts quick and easy, allowing for trading right away and also provides a free demo account for testing the system. 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. We earn commissions from some affiliate partners at no extra cost to users (partners are listed on our ‘About Us’ page in the ‘Partners’ section).

1. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors.
2. It would be pertinent to mention here that overall the trading fees are quite competitive.
3. Customer Support is available 24/7 via phone, email, and live chat.
4. ATFX does not take any responsibility for the completeness or accuracy of the reports.

Very good customer support

In addition to competitive spreads for CFDs, ATFX ensures fast order execution, which results in effective and affordable trading solutions for traders. The ATFX Affiliate Program is designed to help clients grow their forex business. It includes transparent reporting with plenty of details plus competitive commissions and exceptional customer https://traderoom.info/atfx-a-reliable-broker/ service.

Market News

These include over 40 forex pairs, 11 cryptocurrency CFDs, more than 130 stock CFDs, 13 stock index CFDs, 18 commodities CFDs, and over 30 ETFs. Data is sampled every 10 seconds for 24 hours to calculate the average. Forex is stated in pips, and the others are stated in base currency. With this automated trading system clients may create Expert Advisors, software programs enabling traders to constantly monitor the markets.

A well-regulated STP broker, ATFX was founded in 2017 in London and has expanded rapidly over the last few years. Offering trading on multiple assets including Forex, indices, commodities, and shares, ATFX has three live accounts, including a commission-based Premium account. Spreads are tight on all accounts, but minimum deposits are higher than industry-average, starting at 500 USD. ATFX also allows all trading strategies, including hedging, scalping, and copy-trading, but it only offers trading on the MT4 platform. The competitiveness of ATFX’s fees depends on the instruments traded. Additionally, ATFX’s overnight charges were quite elevated at the time of the review.

While ATFX does not have user reviews available yet, its popularity rating of 3.6 out of 5 indicates a decent level of interest among traders. The broker’s web traffic is also substantial, with 139,123 organic monthly visits. In terms of overall rankings, ATFX is positioned at 147 out of 1101 forex brokers based on user ratings and 66 based on expert ratings, which reflects its growing reputation in the industry. We offer additional visibility for a fee, but our review content cannot be influenced. Read our About Us page to read our editorial guidelines and how we make money.

Investing in assets such as stocks, bonds, cryptocurrencies, futures, options, and CFDs involves considerable risks. CFDs are especially risky with 74-89% of retail accounts losing money due to high leverage and complexity. Cryptocurrencies and options exhibit extreme volatility, while futures can also lead to significant losses. Even stocks and bonds can depreciate quickly during market downturns, and total loss can ensure if the issuing company fails. Furthermore, the stability of your broker matters; in case of bankruptcy, the presence of an effective investor compensation scheme is crucial for protecting your assets. It’s vital to align these investments with your financial goals and if needed, consult with financial professionals to navigate complex financial markets.

Custom Indicators help traders to predict future price movements by analyzing past and current price information. And the Scripts feature gives traders the opportunity to set up an automatic repetition of specific operations such as closing all positions with a single keystroke. Depositing funds into an ATFX account is an easy and secure process. Funding can be done using credit cards, debit cards, or wire transfer, as well as electronic payment methods such as Skrill and Neteller. ATFX does not impose any minimum requirements on deposits or withdrawals, but the payment channels themselves may do so.

1. ATFX traders with Premium and Raw Accounts will get free access to the new Trading Central MT4 Analysis Indicators.
2. Always verify that your broker is licensed by your local financial regulator (i.e. FCA United Kingdom).
3. They state that they operate an ECN (electronic communications network) model, using STP (straight-through processing) technology, without any dealing desk interference.
4. ATFX is a globally recognized CFD broker that offers top-tier online trading services and platforms to retail traders.

ATFX offers three account types with different trading conditions and deposit requirements. Spreads are relatively tight and, like most brokers, get tighter on the accounts with larger minimum deposits. 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. Also, you can access the MT4 platform from your desktops, web browsers, and mobile devices.

On the ATFX website, you will find free e-books, in-depth trading courses, MT4 and MT5 platform guideline videos, trading strategies and more. The ATFX CopyTrade dashboard ranks all the signal providers based on their earnings, risk profile, and win rate, making it easy for followers to choose their preferred signal providers. These services are available in all markets, including China and Southeast Asia. At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions.

They offer combinations such as GBP/USD, EUR/USD, USD/AUD, and EUR/GBP amongst other options. MIFID ensures that all investment firms including ATFX are able to offer the best of efficiency, transparency, competitive business dealings and most importantly 100% consumer protection. As per the regulation norms, it is quite clear that they are an authorized FX broker as far as a CFD broker.