Online brokers have increased substantially over the years and there are thousands of companies that are now offering their services in the market. But, no two platforms are created the same, so you have to evaluate their services before you can choose one to open an account. It might take a bit more time, but it is worth it when you can find a broker you are comfortable with and it offers you everything you need. One way you can do so is to take a look at this ATFX review.
Founded in 2017, the ATFX broker may not have been around for decades, but it has become quite well-known in a short period of time. Its headquarters are located in the United Kingdom, but it is operating in other regions as well. It appears to be a decent platform, but you still need to know the details. You can do this with the following ATFX review.
Regulation and security
There are two categories of brokers that exist today; regulated and unregulated. If you want to have peace of mind during trading, it is best to stick to those that fall in the former category. As they are under the oversight of regulatory bodies, it can minimize the risk of fraud, scams,s and malpractice. As it is based in the UK, the ATFX broker is licensed and regulated by the Financial Conduct Authority (FCA), which is one of the top-tier regulatory bodies in the world.
Other than the FCA, the ATFX broker is also licensed by the Cyprus Securities and Exchange Commission (CySEC), the Financial Services Authority (FSA) in Seychelles, and the Financial Services Commission (FSC) in Mauritius. Thanks to this regulation, it offers negative balance protection to its clients and also keeps their funds segregated from corporate ones. There are compensation schemes also available, depending on which entity you decide to use for your trading needs. With these offerings, ATFX is able to offer its clients a secure and trustworthy trading environment.
Range of assets
Choosing a broker without evaluating its range of assets would be a blunder because if it does not have the assets you want, it would only waste time and effort. You would have to start your search from scratch, so looking at the options beforehand can save you from this hassle. The asset collection available on the ATFX trading platform is such that it can suit different types of traders, regardless of their risk appetite and experience.
There is a good variety of assets to be found on the ATFX trading platform and these include forex currency pairs as well as CFDs on indices, metals, shares, oil, commodities, and also cryptocurrencies. They have added the most popular options from each market to give traders the opportunity to achieve their trading goals.
The most important offering of an online broker is their trading platform because it is used for trade execution and provides tools that can be useful during the trading process. If it is not a good one, your performance can take a hit. Luckily, you will not have any complaints about the ATFX trading platform because you will have the MetaTrader4 at your disposal. The MT4 is quite well-known in the entire trading industry because of its intuitive interface, sophisticated features, and its efficient trading tools.
The fact that ATFX has opted to offer you the MT4 shows that it is dedicated to providing its clients with a solid trading experience. You will have access to advanced technical analysis and charting tools, market news, trading signals, as well as alerts, and VPS.
When you are stuck with a problem, you want immediate assistance and the 24/5 customer support of the ATFX broker aims to deliver that. You can use their email, phone, or their live chat option to contact their support team and they will help with all operational, general, and technical queries and problems.
Is ATFX a scam or genuine?
No, there is no ATFX scam because the broker is regulated by some of the top regulatory bodies in the world and offers transparent and competitive conditions, which prove that it is genuine.
Once you go through this ATFX review, it becomes obvious that the platform has a great combination of services for a smooth trading career.
Here you can go through our detailed ATFX review and learn whether or not ATFX is a legitimate or scam broker for online trading. Moreover, our atfx.com review will also help you learn what you can expect from the ATFX broker if you decide to sign up.