This includes the latest overviews for sentiments and technical elements. The report has sentiment figures related to both small and large players. It also includes the main strategies and technical for traders, whether they are contrarian or conformist. This includes market news and analysis for popular products such as oil, precious metals, indices, gold, crypto, and FX majors. Updates focus on specific products and include predictions, influences, and more. The Trading Central access provides professional data analysis and technical strategies for a range of assets.
Micro Account
Pending order options include Buy Limit, Buy Stop, Sell Stop, and Sell Limit. All pending orders connect to company instructions within the server. The pending order is triggered, then transacted and executed in the form of a market order. This occurs when the market price reaches the correct point. It is important to remember that pending orders do not have guaranteed execution at their original price. Market orders are sent to the market, then executed at the market’s tradeable price.
Daily Prime Tips by ATFX Market Experts
For retail clients, priorities are the transaction cost and the overall price. For professional clients, speed and execution likelihood also play a role. To become a good forex trader, you first must master what currencies to trade and when to trade them. This requires consistency in training through a demo account.
Account Features
Spread is the difference between the bid (buying) price and the ask (selling) price of a currency pair. The value of a pip (pip value) is done by multiplying one pip (0.0001) by the standard lot size. One standard lot size is 100,000 units of the base currency. The awards are down to the hard work and dedication of our global team.
- You can then refer to the same strategies you perfected in demo trading to identify opportunities for your first trade.
- With a strong commitment to customer satisfaction, innovative technology, and strict regulatory compliance, ATFX provides exceptional trading experiences to clients worldwide.
- ATFX does not take any responsibility for the completeness or accuracy of the reports.
- At BrokerNotes.co, our data-driven online broker reviews are based on our extensive testing of brokers, platforms, products, technologies, and third-party trading tools.
What Markets Can I Trade On?
There is access to 1-to-1 customer support 24/5 plus tight spreads and no commissions. Trading of this type of asset begins with a 0.10 lot size. In addition to the regulation, ATFX complies with MiFID, the Directive on Markets in Financial Instruments.
How Does ATFX Protect Client Funds?
Pips play an important role in risk management during forex trading as a price movement measurement. Many investors trade forex only to make speculative gains, not necessarily physical ownership of the preferred currencies. For example, you can buy U.S. dollars if you believe the U.S. dollar will strengthen against other currencies. All the trading is done over the counter, meaning there is no physical exchange like in other markets. Forex trading is exchanging one currency pair for another to grow your capital.
ATFX is also a sponsor of the Duke of Edinburgh Cup China Event 2018. Margin is the deposit with your broker to control a much larger position https://forexarena.net/ size. Leverage allows you to trade a lot size that’s bigger than your deposit, but the margin acts as a guarantee to cover potential losses.
Following processing, funds will usually clear between 1 and 3 working days. International bank wires typically require 3 to 5 more working days to appear in your account, depending on the bank. Withdrawals atfx trading platform via e-wallets will typically arrive within 2 days. Refunds to debit and credit cards typically finish processing in 2 to 5 days. Additionally, ATFX Global Markets (CY) Ltd. operates from Limassol, Cyprus.
This popular trading platform is well respected and has a high level of features and benefits. The ATFX withdrawal methods are the same as their deposit methods. Usually, you will be asked to withdraw the same way you deposited. ATFX also requires you provide identification documents before you make your request to withdraw, like most regulated brokers. If you have any questions or issues, you can contact the ATFX customer support team. The broker’s support is available 24/5 via email, live chat, or phone.
This lines up with the philosophy of ATFX, which further encouraged the broker to sponsor the event. This particular event is long-standing, with 18 years of events. Over 20 countries from five continents have participated and there have been over 134 tournaments. Since ATFX is a regulated firm, it has a clear complaint-handling procedure. The staff at ATFX all undergo complaint-handling training.
All websites and web-based platforms are tested using the latest version of the Google Chrome browser. Our Desktop PCs run Windows 11, and we use MacBook Pro laptops running the latest version of macOS to test trading on the go. We test mobile apps and products using iPhones running iOS 17 and Samsung devices running Android OS 14. ATFX offers a fee structure with no inactivity charges, but it lacks clear information on spread costs, which could affect trading cost transparency. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Once your trading account is open and you’re notified to make your initial depisit, you’re ready to trade. In the rare case of an unresolved complaint, clients can sometimes refer to the FOS. This independent body has the purpose of investigating complaints made against regulated firms. The FOS will investigate your complaint and deliver a response.
There are main phone lines available on weekdays between 9 a.m. There is an 800 number from the UK and a separate number for calls from outside the UK. Email addresses are for general information, complaints/disputes, partnerships, support, and sales inquiries. You can also contact support via live chat in the bottom right corner of the page. To help traders make educated decisions, ATFX has a daily market report.
Such information and materials should not be regarded as or constitute a distribution, an offer, solicitation to buy or sell any investments. The Firm has taken the decision to cease providing services to retail clients, with immediate effect. Autochartist stands out as a powerful technical analysis tool in the market. Its intelligent charting web portal and plugins provide a variety of personalized technical analysis strategies.
In addition to the market updates, webinars can focus on useful trading skills as well, such as trading using RSI and moving averages or Fibonacci trading. You will not find e-books or the vast range of resources that many other brokers offer. There are, however, more webinars available from ATFX than many competitors offer. The webinars are free to ATFX clients but do require registration. ATFX does not take any responsibility for the completeness or accuracy of the reports. Even so, the inclusion of the reports for ATFX clients is an incredibly useful tool.