On the upside, however, our reviewers think that this only goes to prove how committed ATFX are to meeting regulations. You’ll also be able to rest easy knowing that AFTX payments are always secure. The site operates with SSL-encryption and the broker even has a dedicated support email address for queries about transactions spectre ai (). At ATFX, you’re able to fund your account in a quick and easy way, via credit/debit card, e-wallet or bank transfer. Deposits made with card/e-wallet will be in your account within 30 minutes, whilst bank transfers will arrive the very next day. This broker was not featured in our 2022 Broker Review Audit.
You should consider whether you understand how CFDs / Spread betting work and whether you can afford to take the high risk of losing your money. The customer service center at ATFX can be reached in a number of ways to resolve any queries or requests you might have pertaining to your trading account. You can either contact them via a live chat facility, by sending a quick email, or by giving them a call on a wide range of numbers listed on the site.
How do I withdraw from FX Royale?
To withdraw funds, log into the trading platform and click “Add Funds” and then select the “withdraw funds” option. Funds must be withdrawn to the originating source of deposit. Excess funds may be withdrawn by bank transfer or wire transfer.
BrokerChooser does not provide investment or any other advice, for further information please read our General Terms and Conditions. Professional and non-EU clients are not covered by any negative balance protection. ATFX provides asocial trading servicethrough the MT4 desktop trading platform. First, you have to register your account by clicking ‘Auto Trading’.
Who Is 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. For further finance transparency, ATFX has partnerships with EY, a professional audit organization. This allows partners to earn rebates for clients they refer.
To set these notifications, you need to add your email address and mobile MetaQuotes ID (which you can find in the MT4 app’s settings). Just like on the web trading platform, you can choose from many languages on the mobile trading platform as well. 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. During our test, we had to re-send our documentation to customer service. In the process, they reached out to us immediately, and after sending our documents, our account got validated almost instantly.
The trading platforms and the technology that it offers is of paramount importance. As for educational tools, the ATFX broker does not offer the most excellent variety of resources of this type compared to other brokers but regularly provides free webinars to all its clients. 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. This is a good option to get tighter spreads or different leverages. Overall, there are 4 different account types which we will show you in the next table.
ATFX also has its own research team, providing quarterly market outlook reports, among others. On the flip side, the platformfeels outdatedand some features are hard intelligent investor share advisor review to find. For example, it took us a while to figure out how to add an asset to the watchlist. You can only withdraw money to accounts that are in your name.
ATFX offers one of the most secure, reliable, and trusted banking sections within the online trading industry, ensuring traders can transact on their accounts with peace of mind. The site utilises the latest SSL encryption technology to safely secure all personal and financial information and comes equipped with some of the most trusted payment methods online. The company constantly looks for ways to enhance the overall payment structure to provide a highly efficient, simplistic, and secure banking experience.
Customer Support and Services
Stay up to date with the financial markets everywhere you go. ATFX does not have any features that make it stand out from the rest of the competition. In fact, it has mostly below average offerings when compared to industry standards. Even though it’s the most popular software for traders of all calibers, it would still be handy to have at least a WebTrader version as well.
How do I deposit money into my forex account in South Africa?
- Log in to MyFXCM.com.
- Select Deposit.
- Select Credit & Debit and follow the instructions. Go to MyFXCM to deposit funds.
Furthermore, you can set parameters and display methods for every chart type and indicator. MT4 Desktop allows for diversification thanks to full support for a range forex strategies for beginners of assets. All trading on ATFX is done via the popular MetaTrader 4 platform. This platform has support for all types of devices, so every client is able to use it.
ATFX broker offers variety of educational sourcesThere are also a number of interactive webinars and also many informative and useful videos. When you make use of all these and spend limited time on MT4 platform you will certainly be platform ready and will be raring to go. Any online trading house that deals with financial products and services has to bear in mind a few important things.
As long as they are segregated, it is impossible to use them to reimburse creditors. For FCA authorizing the company officially means it is approved by the company as an FX and CFD broker. ATFX offers variable spreads depending on the account and instrument being traded. ATFX has partnered with Trading Central, the world’s top-tier technical analysis resource. The technical strategies and professional data provided by Trading Central covers Forex, precious metals, commodities, and indices. Clients can download MT4 Desktop to enjoy cutting-edge features and access to multi-currency and multilanguage trading support.
AFTX boasts a comprehensive educational centre, which comes complete with webinars, seminars, guides and an economic calendar. This is great, as it means the broker is suitable for both novice and veteran traders. Our review team were pleased to discover withdrawing at AFTX is equally simple. 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 . All accounts allow unrestricted trading, including the ability to scalp, hedge, and use Expert Advisors on their accounts. ATFX offers several webinars with professional analysts sharing some useful trading skills, and the range of topics is wide.
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. Overall, however, there is no convenient way to find information on other FAQs. It would be nice to have a dedicated section for information such as this. It would make it easier to open an account, fund the account, and do basic troubleshooting without contacting ATFX. For the convenience of clients, ATFX offers multiple methods of contacting the team.
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. ATFX offers an excellent education section in addition to world-class market analysis materials provided by the globally renowned Trading Central. Deposits and withdrawals are free, and ATFX offers a free VPS service to traders with higher-tier accounts types. There seems one real account and one demo account available on the ATFX platform. Minimum deposits are the minimum amount of money required to open an online brokerage account.
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The Trading Central access provides professional data analysis and technical strategies for a range of assets. These include indices, precious metals, currencies, and commodities. Strategies are updated ten times every day for each product for up-to-date information. The iPhone MT4 application includes the most useful features, such as EAs and customizable indicators.
Other categories include metals, oil, indices, cryptos, and shares. There are also spread betting trading conditions outlined for FX majors, FX minors, metals, oil, and indices. ATFX strives to always offer the broadest possible range of FX pairs. It is extremely easy to open a live account and deposit money. If cash is left in the account the company opens trades without the authority of the trader against the market so you lose cash without trading. With its commitment to exemplary client services, ATFX offers 24/5 live, free access to market commentary, and a secure platform for traders.
ATFX Trading Instruments
Moreover, ATFX offers traders negative balance protection that ensures that traders will not lose more money than deposited. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 54.76% of retail investor accounts lose money when trading CFDs / Spread betting with this provider.
During this review our experts found the ATFX website to run perfectly on both mobile and tablet, in addition to desktop. The website is easy to navigate on all devices, and you can fund your account on the go too. The MT4 also offers a customisable interface that allows the trader to modify the workable space, charts, indicators, and trade directly from the charts. This broker did not score well during our testing process and is not recommended by our experts.
So the trading fees can be depending on your asset to trade. You can choose between the spread account or the commission account. These comments are usually published weekly on the Analysis section of the platform’s site.
Can I withdraw money from Demat account?
Go to the 'funds' or 'accounts' section and click on it. You will be presented with two options- add funds or withdraw funds. To initiate the transfer of money from the Demat account to the bank account, click 'withdraw funds'. The account will display the total amount in your trading account.
While all ATFX account holders will have access to Trading Central, only those with Classic, Premium and Raw Account will get full access to Trading Central’s signals library. AT Capital Market’s CEO has since resigned from the company. We may receive compensation when you click on links to products we review. All in all, we’d say that it’s not worth trading with ATFX when there are so many better options available currently. The St.Vincent and the Grenadines government has clearly stated that they have no interest in regulating foreign Forex companies on their territory. They will allow them to register in the country, but that doesn’t mean that their financial regulator will be held accountable for their actions.
Start trading with a free $30
This selection is not the best on the market, lagging behind that of competitors including XM. 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.
Through this promotion, traders can be rewarded continually when they start participating in the promotion and trade during the promotion period. If they complete 6 trading lots within the same time period the $100 will be withdrawable funds. They can be found in different languages such as English, German, Spanish, and more. Some of the examples of the topics discussed in the webinars would be moving average, Relative Strength Index and Fibonacci trading.