ATFX Background – Came late and Quickly Became Among the Best
This broker started its operation late in 2014, with headquarter in Cyprus. It is founded by a parent company “Positiva Market (CY) Ltd” that is known as a leader in the Forex market.
ATFX is a regulated and licensed broker. The mission of the broker is to give the best possible experience, offering the most popular retail trading system available – MT4, with the latest bridging technology between the MT4 and the top quality liquidity providers.The vision of ATFX is to be the market leader in customer satisfaction; it is driven by experienced long-term professionals who are impartial, committed to the service and knows what clients want.
Although the broker has been established recently, it has been able to achieve remarkable success and has won the confidence of many customers around the world. During the course of its work, it has received many quality performance awards including the best Forex customer services 2017 by the entrepreneur JFEX and best NDD Forex broker in 2018.
ATFX Unique Features – leading Investment Research Provider in the Financial Market
ATFX put the customer satisfaction as a top priority and make all efforts to become one of the best companies when it comes to customer support. For this reason, they invested in the latest technology and that has reflected in the services provided. The execution of the transaction is quick, easy and with no technical errors.
The broker has an excellent trading centre that offers very strong technical analysis for the traders. Trading Central matches requirements of various investment styles, from intraday trading to long-term investments. Trading Central provides free access to ATFX clients.
ATFX offers for its clients a high efficient investment research that helps them to make the best trading decision. Investment research is provided for more than 200 investment banks, fund managers, brokers and professional dealers from 45 countries around the world.
They have a strong board of directors and an expert team of managers, analysts, and administrators who are capable of improving the company and achieve its future objectives.
ATFX offers its services with tight spreads through professional platforms. The website of the broker is organized, easy to handle and is available in 11 different languages to serve customers from different parts of the world.
Trusted and Regulated
Integrity is one of ATFX main objectives. Therefore, it operates in an organized and authorized environment. ATFX has obtained many licenses to carry out its business legally. It is subject to supervision and control by a number of international financial institutions including:
- The Financial Conduct Authority (FCA) in the United Kingdom, Reference Number: 760555
- The complaints and the Financial Ombudsman Scheme (FOS)
As a regulated firm, ATFX is required to have a complaints handling procedure in the event that clients wish to express their dissatisfaction. For this reason, it is a member of (FOS).
Reliability and Safety
ATFX places the safety and security of clients’ funds as a top priority. Through leading data encryption technology, strict supervision, and effective protection measures, it creates a safe and reliable trading environment for all customers.
In addition, as all leading Forex brokers operate in terms of management and information disclosure, ATFX is strictly in accordance with the implementation of the highest regulatory requirements.
Clients’ fund is held in segregated trust accounts with top tier banks such as Barclays Bank. In the unlikely event of ATFX insolvency, segregated clients’ fund cannot be used for reimbursement to ATFX creditors.
ATFX is a member of the Financial Services Compensation Scheme (FSCS). If it is unable to satisfy repayment claims in the unlikely event, eligible claimants have the right to compensation by the Financial Services Compensation Scheme (FSCS).
More Than 50 Financial Instruments to Trade
ATFX provides traders with full access to more than 50 financial instruments. Clients can trade forex, precious metals, crude oil, and indices with best-of-market spreads from just 0.5 pips.
ATFX assist its traders to implement their own trading strategies based on 42 forex trading currency pairs, with localized expert support available 24/5. Clients can select their own leverage starting from 1:1 up to 1:400. They only charge on the spread, the difference between the Bid and Ask prices; zero commission charges.
The broker applies tight consistent pricing that enables first-rate liquidity and allowing consistent execution in the financial markets. Like other Forex brokers, ATFX only offers real and demo accounts.
Withdrawal and Deposit – Efficient & Automated Process
ATFX withdrawal and deposit process are easy and quick. To make the process more efficient, it is subject to strict audit in order to ensure safety. The broker offers different methods of withdrawals and deposits, including credit card, bank wire, and online banks.
They accept small deposits and the minimum deposit is $100. Moreover, the deposit process is free of charge, while the broker puts a five-dollar commission on the withdrawal process through online banks if the amount to be withdrawn less than $200.
ATFX does not put any fees on withdrawals using other methods, and if the amount to be withdrawn through online banks is more than $200. The deposit process takes place immediately, except for bank transfers; it may take up two to five working days. On the other hand, withdrawals take place within one working day.
In order to make the process of deposit and withdrawal more secure, the broker imposes traders to withdraw money through the same method of deposit.
Trading Software – the Most Popular “MT4”
Mobile Trading – Anytime and Anywhere
ATFX does not have a special trading platform; it relies mainly on the MT4 platform. MT4 is available for Android and IOS with a simple interface that makes it easy to use. It also keeps traders up-to-date with all the latest developments in the financial markets all the time and anywhere.
Bespoke Customer Support
As mentioned previously, ATFX aspires to be a leader in the field of customer service. The broker’s technical support is available all day for five days a week and in a variety of languages to serve customers from all over the world. The broker uses many ways in customer support services including live chat, email communication, and phone calls.
ATFX also offers a professional account management service for its clients, which provides them with the support they need. This service also gives the trader a range of tips that make trading worthwhile and fun.
Client Portal is an innovative tool that ATFX offers for its clients. The Clients use it to manage their personal profile, maintain regulatory requirements such as uploading proofs of address and other documents, control their wallet and trading account balances, make deposits and withdrawals. It also considers the place for clients to see their trading history and configure their dashboard to understand total balances, equity, leverages, open and closed positions and much more.
ATFX provides its clients with technical and fundamental analyzes that help them to get a closer look at developments in the financial markets and enhance their chances of making more profits. These analyzes are provided by a group of professionals and market experts.
They ensure total transparency and integrity together with a guarantee of privacy and security of the clients’ account under market-leading encryption systems.
The broker only uses the MT4 platform to conduct its business. MetaTrader4 (MT4) is one of the most popular forex and CFDs trading platforms in the world, with more than 300 brokerage firms and banks using and providing it to their clients. MT4 is easy to use and the technical errors are barely found. MT4 is available on Windows, Mac, mobile devices and tablets.
Things to Improve
ATFX is one of the newly established Forex brokers, although in a short time it has achieved remarkable achievements. There were some improvements and additions demanded by the company’s clients, including:
- Allowing the trade of cryptocurrencies, as many investors around the world have a great desire to trade on it. Until now, ATFX does not offer cryptocurrencies for trade.
- The ATFX’s website does not include any educational tools, many of the company’s clients demanded to provide effective educational tools to help them during trading and to improve their level of expertise.
- Provide more financial instruments for trading, ATFX offers about 60 financial instruments and this number is small compared to what other brokers provide.
ATFX promised to study all customer suggestions and make every effort to provide all they need.
To Sum Up
Looking back to the ATFX’s record of achievements and the services they provide, as well as the awards it received during its short period of work, we can say that the company is one of the best Forex brokers. It considers an ideal option for those wishing to trade.
If you want to invest in Forex markets, it would be good if you visit the broker’s website to get to know them closely. You can also open a free demo account to see all the services they can offer you.