- 1 Company Details
- 2 Trading Platform
- 3 Trading Central
- 4 Trading Assets And Markets
- 5 Spreads And Commission
- 6 Leverage
- 7 Mobile Apps
- 8 Payment methods
- 9 Demo Account
- 10 Deals and Promotions
- 11 Additional Features
- 12 Regulation and Licensing
- 13 Account types
- 14 Benefits of using ATFX UK
- 15 Drawbacks
- 16 Trading Hours
- 17 Contact Details/Customer Support
- 18 Customer Security
- 19 Overall verdict
- 20 Accepted Countries
- 21 Alternatives to ATFX
ATFX is an honour winning on the web merchant offering Forex exchanging, CFDs and spread wagering. This survey covers everything from the Metatrader 4 (MT4) exchanging stage to account for wellbeing and security.
ATFX No longer accepts retail clients.
Directed in the UK, ATFX has developed rapidly, focussing on client support and continuing to exchange costs low.
The exchanging stage gives its customers the capacity to exchange resources through the organization’s easy-to-use step that upholds MetaTrader 4 programming. ATFX offers cutthroat valuing to its customers and provides a best-in-class customer entry ensured by driving encryption security frameworks.
The most exceptional spanning innovations are utilized to get the best rates from its liquidity supplier.
Record opening is fast and straightforward, empowering clients to start exchanging quickly. There is a free demo account too for the individuals who need to attempt framework and technique testing. AFEX gives super-quick store and withdrawal installment frameworks to additional improve its smooth activity.
ATFX UK likewise offers a portable application, giving clients the accommodation of exchanging while in a hurry. Customers additionally appreciate 24/5 client care from a group of experienced specialists.
ATFX UK was established in 2017 and is settled in Cornhill in the core of London, UK.
ATFX UK has around 1,200 customers and is answerable for roughly £7.5m of customer reserves.
The stage and scope of exchanging media accessible are focused on proficient, experienced informal investors. Many learning and backing highlights are remembered for the site that gives novices a reasonable knowledge into the universe of exchanging and spreading wagering.
Exchanging is done utilizing the MetaTrader 4 stage. MT4 upholds all types of cell phones, and the Windows form likewise offers multilingual and multicurrency exchanging backing to clients.
A VPS administration is accessible for consistent day-by-day availability, and MT4 Desktop gives customizable libraries, custom pointers, contents, and EAs (master consultants), permitting it’s anything but an assortment of exchanging styles.
Additionally, there are more than 50 markers, just as 30 diagram examination instruments. Clients can set their favoured presentation strategies and boundaries for each kind of graph and pointer. Mechanized exchanging procedures are accessible through master guides. The MT4 application additionally permits upgraded trading speed and is famous for its steadiness and vigour.
MT4 offers clients a valuable WebTrader highlight streamlined for expanding online execution, including a single tick exchanging, ongoing data, and progressed graphing.
The organization’s Trading Central office is a top-level specialized examination asset that is accessible for its customers. Exchanging Central is very much regarded among proficient merchants worldwide, leading examination for more than 200 speculation banks, intermediaries, reserve supervisors, and expert sellers.
Exchanging Central is utilized in 45 nations and is allowed to access for all customers of the site.
Exchanging Central gives proficient investigation and specialized systems for resources, including valuable metals, wares, and monetary standards. It is refreshed multiple times daily for each item, surrendering clients the most to-date data accessible.
For improved merchant certainty, Trading Central is essential for three relationships for Independent Research Providers, including Investorside Research, Euro IRP, and Asia IRP. Dealer Central is additionally a Registered Investment Advisor with the SFC (Hong Kong) and SEC (US).
Trading Assets And Markets
ATFX UK offers Forex exchanging across 43 distinct Forex exchanging sets and is continually surveying its item range. Sets incorporate exotics, minors, and majors. The Forex market on ATFX is accessible 24/5.
The site additionally gives admittance to exchanging past metals, explicitly London Silver or London Gold, the two on a spot contract. That market is open 23 hours per day, five days every week. ATFX UK offers opening undercut or purchase long positions. In this profoundly fluid market, brokers can utilize influence as strong as 1:20.
Unrefined petroleum can likewise be exchanged, along with product-based oil ETFs. Lists can be exchanged as well, with 15 varieties of offer records accessible from the US, Europe, and Asia.
The spot records on the stage have low spreads and low edge prerequisites. With this exchanging, clients can get to coordinated help 24/5, or more the additional fascination of tight spaces and zero commissions. Trading this kind of resource begins with a 0.10 part size.
A few types of digital currency CFDs are accessible, and the site likewise upholds the exchanging of 50 significant offers CFDs from Germany and the US.
Exchanging conditions by and significant differ by resource. For client accommodation, the site gives a forward-thinking rundown of the exchanging requirements for each help, which are ordered, for example, exotics, minors, majors, and Forex majors.
Different classifications incorporate metals, records, cryptos, offers, and oil. Clients can see the name, contract size, most little spread, most extreme and least part size for every item, contingent upon the account type, including standard, retail, proficient, and Edge account customers.
ATFX UK works a “no managing work area” strategy, diminishing intermediary mediation and working on the straightforwardness of exchanging conditions and the exchanging climate.
Spreads And Commission
Spread wagering with ATFX draws in no UK stamp obligation or capital increases charge. Likewise, there are no commissions, and spreads are extremely cutthroat at simply 0.6 pips. Merchants can theorize on falling or rising business sectors and on Edge. MT4 permits clients to draw stop-misfortune line requests and equilibrium security.
The most miniature store for spread wagering accounts is £100 with a stop-out of 0.5 and a most disproportionate influence for retail customers of 30:1. There are no dismissals or requotes, and slippage on EAs and support is allowed.
The organization’s terms on spreads make them quite possibly the most severe stages accessible for brokers who like to utilize this exchanging medium.
ATFX UK offers market request execution. Market orders are sent to the market and afterward executed at the market’s tradeable cost. After implementation, data concerning exchanges are shipped off the MT4 stage. The execution cost is affected by the liquidity from banks and regardless of whether that is adequate.
The stage furnishes a scope of request types with forthcoming request alternatives, including Sell Stop, Sell Limit, Buy Stop, and Buy Limit, associated with organization directions dwelling inside the worker.
A Stop Loss or Take Profit shuts any future orders. Future orders are set off, executed, and executed as a market request and happen when the market value arrives at the set point.
The firm doesn’t charge commissions to dealers and offers profoundly serious spreads, decreasing the expenses related to opening and exchanging positions.
ATFX UK gives a rundown of default influences for customers found in its Trading FAQ segment.
The organization works following FCA/ESMA rules, offering 1:30 for retail customers and up to 1:400 for qualified proficient brokers. FX exotics default at the influence of 1:50. Silver and gold have a default influence of 1:200. The default influence for files is 1:100 or 1:50 for USDX. Default influence for oil is 1:100, 1:20 for shares CFDs, and 1:50 for digital forms of money.
ATFX UK offers portable exchanging stages that are forms of MetaTrader 4. Clients can download an application for one or the other Apple or Android gadgets, empowering in a hurry exchanging.
The MT4 iPhone application incorporates the most valuable highlights, like adaptable markers and EAs, and the equivalent applies to the Android application. Both portable forms have the full usefulness that clients can appreciate with different adaptations. Multi-language support is accessible 24/5, and ongoing data is incorporated that assists the client with the dynamic interaction.
MT4 for Android or iOS incorporates progressed graphing, like quick examination and customization, giving clients the adaptability to adjust to their exchanging methodology and offering full help for resources and broadening as required.
ATFX UK doesn’t charge expenses on stores. Clients can store reserves, utilizing charge or Mastercards, E-wallets, or bank moves. Monetary forms acknowledged are EUR, GBP, and USD. Bank move installations require one working day to measure, while any remaining store techniques are handled within 30 minutes.
Customers utilizing non-UK charges or Mastercards might be charged an expense by their supplier, albeit that can be discounted to the customer’s exchanging endless supply of confirmation of payments.
No expenses are charged for withdrawals, and monies can be paid into charge or Mastercards, E-wallets, or straightforwardly to a client’s ledger. Withdrawal demands got on a workday before 2 pm (GMT) are handled that day.
Installments got after that time are prepared on the following accessible working day. Bank wire stores can take around two to five working days to measure, and exchanging records won’t be credited until the assets have cleared.
The client’s ledger should be wholly checked before a withdrawal can be made. All assets are gotten back to the first installment source that was utilized to put aside the installment.
ATFX UK doesn’t acknowledge any outsider installments, and stores should be from the customer’s very own record.
ATFX UK offers a demo account that permits merchants to figure out the stage and what’s on offer. The demo account is likewise precious for less experienced brokers looking to sharpen their abilities and old hands who need to test new methodologies.
Deals and Promotions
There are no arrangements, advancements, or rewards offered by the organization because the FCA precludes rewards. Notwithstanding, ATFX UK offers different instructive administrations to its customers.
Alejandro Zambrano, the webpage’s Global Chief Market Strategist, presents an online class every day that tends to the latest things and conditions of specific monetary business sectors.
All through the online classes, there an ongoing understanding gave to dealers to help their preparation. Mr. Zambrano has more than 12 years of experience as an expert broker and has been perceived by CNBC, Reuters, and Bloomberg. Mr. Zambrano’s specialism lies in both specialized and principal examination, and the systems he encourages expect to empower customers to explore the monetary business sectors while limiting danger
Customers who hold an Edge account with ATFX UK are offered the chance to profit with balanced training openings, comprising two private 30-minute instructing meetings with Alejandro Zambrano.
These meetings permit the customer to put inquiries on the system and exchange straightforwardly with a market master who has long stretches of exchanging experience. Clients will likewise have the chance to make a one-of-a-kind exchange plan to suit their objectives and prerequisites, with cutting edge hazard and cash the executives’ conventions set up.
Dealers realize where to take benefit orders, where to put in stop-misfortune requests, and how to oversee influence for their best potential benefit.
Market Strategists don’t give individual suggestions on explicit speculations nor consider the appropriateness of ventures dependent on a customer’s very own conditions or targets. In this way, not be deciphered as monetary, venture or other exhortation or depended upon in that capacity. It would help if you looked for free appeal before settling on venture choices. Any assessments communicated don’t mirror those of ATFX UK.
Forex Education Centre
As of late, ATFX UK opened a Forex training focus that customers can get on the organization’s site. The training community contains inside and out eBooks and a few exchanging courses. The courses incorporate MetaTrader 4, financial matters, digital forms of money, social exchanging, exchanging systems, and capital administration.
Clients who open a Premium record get various restrictive advantages, including premium recordings and instructional exercises, just as having full admittance to Trading Central. The Premium training highlight can supplement the free crude spreads and VPS offered by this kind of record.
Customers can enroll for ATFX UK’s eBooks that will give them a more noteworthy comprehension of exchanging and shows them how to enter the monetary business sectors. These free instructive eBooks empower customers to beat the errors that can be made at the beginning of exchanging by expanding on existing information on the monetary business sectors.
As a further “extra,” brokers are furnished with the most modern monetary market news and outlines of a portion of their most famous items, including oil, valuable metals, files, and wares
Regulation and Licensing
ATFX UK is directed by the Financial Conduct Authority (FCA). Additionally, the organization holds customer assets in solo records that are stayed independently from the capital. The firm is likewise controlled in North America and the Middle East. Because of this worldwide methodology, the firm is well known in Malaysia, the Philippines, and Thailand, where merchants regularly search for neighbourhood and European guidelines.
Likewise, ATFX Global Markets (CY) Ltd works from Limassol, Cyprus. CySEC manages that division of ATFX UK, the Cyprus Securities and Exchanges Commission. CySEC guideline furnishes clients with admittance to EEA and EU nations. Likewise, the Middle East and Switzerland approach ATFX UK through CySEC guidelines.
ATFX UK is additionally MiFID-consistent, the Directive on Markets in Financial Instruments. MiFID directs monetary foundations that give venture administrations and exercises, explicitly in the European Economic Area. The EEA incorporates Liechtenstein, Norway, Iceland, and every one of the 27 EU part states.
Clients can peruse and download archives that identify with guidelines and consistency on the site, including CFDs and spread wagering. Every one of the organization’s agreements identifying with their particular items and administrations can be found here.
ATFX UK offers three record types: Standard, Edge, and Premium.
The Standard record should have a total of essentially £$€500 with a benchmark spread cash pair of 1.0 pips.
The Edge account should have a surplus of essentially £$€5,000, with a benchmark, spread money pair of 0.6 pips.
The Premium record should have a surplus of basically £$€10,000, with a benchmark spread cash pair of 0.0 pips. Dealers can utilize this record to exchange with a more substantial influence on all instruments, as long as they qualify as elective experts. Proof should be given on the application.
Benefits of using ATFX UK
- More than 200 monetary instruments
- Exceptionally serious spreads
- Free VPS (contingent upon account type)
- Crude spreads (contingent upon account type)
- Forex Education Center
- Multi-resource exchanging, including items, lists, FX, cryptos, and stocks
The primary downside of utilizing ATFX UK is that there are no rewards advertised.
However, the site works day in and day out; however, advertisements are open for exchanging inline with the resources being exchanged. So, for instance, the FTSE can be exchanged when the London Stock Exchange is open.
Contact Details/Customer Support
ATFX UK got an ADVFN grant for Best Customer Service in 2019. The organization offers profoundly client-driven multilingual assistance, a live chatbot, UK and worldwide telephone lines open Monday to Friday, 9 am till 5 pm, and an email client service arrangement.
ATFX UK utilizes “driving information encryption innovation” to establish a protected and dependable exchanging climate for its customers. All information on the board is done as per the UK and FCA.
Customer reserves are held in solo records that are discrete from the organization’s monies. That implies that in case of bankruptcy, customer reserves can’t be utilized to repay leasers. Additionally, AT Global Markets (UK) Limited is an individual from the FSCS. Under the plan, ventures up to £85,000 per individual are ensured.
ATFX UK is an intermediary that has its central command in London, UK. The organization offers to exchange on a scope of resources, including Forex, items, and CFDs. A few kinds of records are accessible, including those for proficient customers. Cutthroat spreads are offered, and no commissions are payable.
All exchanging happens over a protected, easy-to-use stage through MetaTrader 4 with help for portable and work area gadgets. Client service is accessible 24/5
ATFX acknowledges dealers from Thailand, South Africa, India, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most different nations.
Dealers can not utilize ATFX from the United Kingdom, Australia, Afghanistan, Belarus, Belgium, Burundi, Canada, Cyprus, Congo DR, Egypt, France, Eritrea, Guinea-Bissau, Hong Kong, Iran, Iraq, Japan, Mali, Mozambique, Mauritania, Myanmar, New Zealand, Niger, Poland, Sierra Leone, Singapore, Somalia, Sudan, Syria, Tajikistan, Maldives, Tunisia, Uganda, United States, Vanuatu, Venezuela, Yemen, Zambia, Zimbabwe.
Alternatives to ATFX
On the off chance that you are searching for options in contrast to ATFX, we have accumulated a rundown of the five leading merchants that are like ATFX underneath. This rundown of dealers like ATFX is arranged by likeness and incorporates organizations that acknowledge brokers from your area.
- eToro – eToro is a multi-resource stage that offers resources into stocks and crypto assets, just as exchanging CFDs.
- Forex.com – Forex.com brag a worldwide standing. Controlled in the UK, US and Canada, they offer a gigantic scope of business sectors, not simply Forex, and offer tight spreads and a state-of-the-art stage.
- M1 Finance – M1 Finance offers adaptable and mechanized exchanging administrations for US financial backers.
- BitMex – Bit Mex Offer the most significant market liquidity of any Crypto trade. Ultra-low exchanging expenses and least store necessities. Participate in 30 seconds.
- Coinbase – Coinbase is the simplest spot to purchase, sell, and deal with your cryptographic money portfolio.