Table of contents:
- 1 ATFX demo account – best opportunities for short-term investments
- 1.1 The conditions of ATFX
- 1.2 TRADABLE PRODUCTS AT ATFX
- 1.3 Our experience with ATFX at a glance
- 1.4 OPENING ATFX AND ATFX DEMO TO PRACTICE TRADING
- 1.5 INDIVIDUAL ACCOUNT MODELS AT ATFX FOR ALL TRADING TYPES
- 1.6 Trading Central for investors
- 1.7 OPEN ATFX DEMO ACCOUNT – QUICK AND EASY
- 1.8 Deposit and withdrawal options
- 1.9 DEPOSIT PROTECTION AND REGULATION
- 1.10 CFD TRADING – VARIOUS ASSETS AND TRADING CONDITIONS
- 1.11 CFDS ON CRYPTO CURRENCIES
- 1.12 Trading CFDs on securities
- 1.13 TRADING WITH INDEX CFDS
- 1.14 TRADE WITH CDFS ON METAL
- 1.15 MANY FREE EXTRAS FOR TRADERS AT ATFX
- 1.16 EASE OF USE AND SERVICE
- 1.17 Benefits, Extras and Bonus at ATFX
- 1.18 FREE MARKET REPORT EVERY DAY
- 1.19 BONI WITH ATFX
- 1.20 CUSTOMER SUPPORT
- 1.21 Conclusion: Demo account from ATFX – ideal test run for prospective traders
ATFX demo account – best opportunities for short-term investments
The Forex and CFD broker ATFX is headquartered in St. Vincent and has a registered office in the UK with a branch office in London. The registered company AT Global Markets (UK) Ltd. is authorised and regulated by the FCA in the United Kingdom.
The online broker offers the client access to hundreds of financial instruments such as precious metals, indices, commodities, crypto-currencies, stocks, foreign exchange and even spread bets. Through NDD trading mode, ATFX aims to offer clients the opportunity to get more competitive bid and ask prices. ATFX is managed by AT Global Markets Ltd. This is part of the AT Group, which also has sister companies that are regulated by the British Financial Conduct Authority (FCA/ and the Cyrus Securities Exchange Commission (CySEC). As an authorised international trading company, AT Global Markets Ltd. falls under the jurisdiction of St. Vincent and the Grenadines Financial Services Autohrity (FSA). This allows traders to determine where the company is located and whether they are trading under a highly regulated CySEC or FCA brand or the St. Vincent & Grenadines brand.
The advantages and disadvantages of ATFX:
- +Edge trading account with low spreads
- +wide range of CFDs for investors
- +various account options and a free ATFX Demo Account
- +different payment methods
- +Deposits and amounts over 200 USD from e-wallets are free of charge
- +daily free market analyses
- +numerous features can be used free of charge via the MT4 platform
- -Bonus promotions are only available on the English language website
- -inertial conversion of current trades into the respective account currency
- -Spreads sometimes quite high
At ATFX, traders get a well-functioning, stable trading platform that is intuitive to use. In addition to your home computer, you can also use the ATFX App to trade from anywhere on the road. It offers the same functions and advantages as at home. The account management is clearly arranged. Deposits and withdrawals can be made conveniently. The app requires little storage space on mobile devices and is available for iOS and Android. As it is regulated via FCA and CySEC, ATFX is subject to EU directives. When opening an account, the minimum deposit is 250 euros. Trading with tight spreads is possible from 0.6 pips. There is a variable leverage for private investors and professional traders. The account can be held in Euro, US Dollar and British Pound. There are also many nice extras and market reports for free.
The conditions of ATFX
When trading, fees and costs can always occur, which can reduce returns. With ATFX, the costs and transaction possibilities are as follows:
- Minimum deposit 250 Euro
- no commissions per transaction
- Trading already possible with tight spreads from 0.6 pips
- variable levers
- trade in numerous CFDs, currency pairs and other financial instruments
- several account models, some of which require a minimum deposit
- MT4 as trading platform
- mobile trading via app
- Account management in EUR, USD and GBP
- free demo account
- numerous extras
ATFX allows clients to trade commodities, precious metals, foreign exchange, CFDs, stocks and indices on a continuous basis, provided a minimum deposit of 250 euros has been made into the client’s account. The trader can choose between different account types and can use the free ATFX account after registration to get into trading or to try out new strategies.
TRADABLE PRODUCTS AT ATFX
The online broker offers its customers a large number of tradable products. They include two commodities, four crypto currencies Bitcoin, Ethereum, Ripple and Litecoin, 43 currency pairs, 11 indices, two precious metals and 50 equities. The wide range of assets offers many opportunities to generate nice returns.
Our experience with ATFX at a glance
The online broker ATFX is known to many traders. Of course, the security and confidence of the customers that can be identified by certain features plays a major role in trading. There are different criteria to be informed about the offer, regulation and security. In addition, aspects such as deposit and withdrawal options and support are not unimportant. Even though not every investor in Germany knows ATFX, the company plays an important role globally. With headquarters in London and regulation by the FCA, ATFX is one of the most renowned brokers on the market. There is a deposit insurance and segregation is also provided for. Compared to less reputable brokers, investors have the advantage that customer funds of up to GBP 50,000 are protected. The company keeps client funds separate from its own funds.
AFTX uses the well-known Meta Trader 4 as its trading platform, which has proven its worth above all with differential contacts. The functionality and user-friendliness as well as the mobile application possibilities are very convincing. If you want, you can download MT4 free of charge to your smartphone or tablet. The app is available for iOS and Android in the respective app store. Thus, functionality and financial instruments can be tested via the ATFX Demo Account. There is a virtual credit after the simple online registration. The same applies to private or professional investors who want to start immediately with one of the different live accounts.
Those who want to become active with their own capital immediately after registration can choose from various payment options. In addition to bank transfer and credit card, electronic purses are also available. For payouts, e-wallets may incur additional costs if the amount to be paid out is less than 200 USD. The online broker appeals to different trading types and trading levels with his great offer, so that everyone gets his money’s worth.
OPENING ATFX AND ATFX DEMO TO PRACTICE TRADING
Anyone who decides to use ATFX for their future online trading would naturally also like to open a customer account. For this purpose, the online broker offers various account types, between which the trader can choose. Most often, however, an edge account or the standard account is chosen. ATFX also offers a professional account and a free demo account. Also worth mentioning is the Spreads Betting account. To open an account with the broker, the first step is to fill out the registration form. You have to fill in there:
- Last name
- First name
- Date of birth
- e-mail address and
- Phone number
Then the investment amount is selected and the conditions are agreed with a check mark in the corresponding field. Only after the copy of an identification document has been sent to the broker, the verification and opening of the account will take place. In this way, ATFX shows that it attaches great importance to the security of its own clients.
INDIVIDUAL ACCOUNT MODELS AT ATFX FOR ALL TRADING TYPES
In addition to the ATFX demo account, traders can choose from a variety of account options in the real money account. The live account is easy to open online and is ideal for hobby traders who want to trade with small amounts of money. The account provides access to numerous financial instruments, allowing you to invest at attractive conditions. The Edge Account is the perfect choice for ambitious traders, as it has been further developed as a standard account for professional trading. Not only are better spreads offered, but also a significantly faster execution speed. At the same time even hedging is possible. Spreads on this account start at 0.6 pips. However, the minimum deposit is USD 5,000. There is also no commission. The leverage for private users is 1:30.
Registering for the Edge account works the same way as for the live account via the normal registration process. Once this has been successfully completed, customer support must be contacted so that an employee can make the account changeover.
Professional investors also feel at home with ATFX. Because there is the possibility to open a professional account. However, the customer must prove that he has experience in trading. Such an account naturally carries risks, because there is no protection against a negative account balance. Furthermore, the increased maximum leverage is accepted.
Trading Central for investors
Especially those who trade CFDs need profound, tailor-made data analyses. These are made available to ATFX clients in the form of Trading Central. This enables professional data analysis and strategy implementation. The online broker offers three indicator packages for this purpose, which can be integrated by traders.
- Analysts Opinion Indicator
- Adaptive Candlesticks
- Adaptive Divergences & Convergences
The packages are individually downloadable and quickly installed. There is an installation guide so that less experienced investors can also benefit from the indicator packages. There is also a dedicated client portal to access various information, latest news and many other interesting things about the online broker ATFX. The registration is easy to manage and available in German language.
OPEN ATFX DEMO ACCOUNT – QUICK AND EASY
Upon new registration, each trader has a free and unlimited ATFX Forex demo account or ATFX CFD demo account. These are very useful for beginners who want to learn how to trade Forex or CFDs for the first time and get a first insight. After all, there are not only opportunities for nice returns, but there are also equally big risks that lead to losses. Therefore, it makes sense to try out trading via the demo account at the beginning. Professional traders also benefit from this ATFX Test Account. New strategies and trading methods can be tested very well for their suitability before they are used with real money. The virtual balance in the test account is 50,000 US dollars. You can trade with Forex, indices, crude oil and gold. As trades are settled, it is easy to learn very quickly how the prices vary between buying and selling.
For questions and problems, the customer service is also available to help traders with the demo account. There are hardly any differences between the live version and the demo account, so the changeover is not difficult. The most important functions are already known and can be used immediately when trading with real money.
the demo account is available for the home PC, as well as a download and mobile version
the use is free of charge and unlimited after registration
the deposit of the virtual credit can be changed afterwards
real conditions are available for practising
there is an educational offer
Deposit and withdrawal options
Another important aspect is transparency and the conditions of the broker. At ATFX all important things are summarized in one document, which the trader can easily download from the official homepage. The document includes the basic rules for account creation, deposit and withdrawal terms, the choice of different currencies and the conditions for terminating the client’s account.
Compared to other online brokers, ATFX offers traders very good conditions. We work with very high standards, where every part is precisely regulated. This makes it very easy for clients to get an overview of the company’s policies and objectives. In addition, there is a special and priority booking system so that withdrawals can only be made if identity is proven in advance. This means that the account identity and the identity of the trader must match. The conditions and security are more than acceptable.
Deposits and withdrawals to and from the customer’s account are made conveniently via the dashboard. Simply enter the desired amount and then choose whether to make a deposit or withdrawal. Besides credit card and debit card, e-wallerts such as Skrill and Neteller are also available as payment options. E-wallet and credit card transactions are free of charge. The advantage of these payment methods is that the money is available quickly, as the transactions are processed within 30 minutes. For bank transfers, at least one day must be calculated until the money is in the customer account of ATFX. If less than 100 US dollars are to be paid out, costs are incurred.
By the way: If a non-UK debit/credit card account, the provider often charges a small fee, which is then credited back to the customer’s account once the proof is received.
DEPOSIT PROTECTION AND REGULATION
Online brokers who are somewhat self-respecting are regulated by the relevant financial supervisory authority. This provides investors with a legal framework that allows brokers to trade. ATFX is regulated by the British Financial Services Authority FCA. Accordingly, the broker is permitted to hold client funds in accordance with the CASS provisions of the FCA. The Directive also covers markets in financial instruments, which was adopted by the European Parliament and Council and came into force on 1 November 2007. MiFID is responsible for managing the financial markets in the European Economic Area (EEA) and regulates, among other things, investment services in order to increase efficiency, consumer protection and financial transparency. Within the framework of MiFID, ATFX may therefore provide services within the territory of a Member State if these services are authorised.
CFD TRADING – VARIOUS ASSETS AND TRADING CONDITIONS
The online broker ATFX offers traders an extensive range of CFDs, including securities, forex, index and crypto currencies. It is worth taking a closer look at individual assets to get a comprehensive impression of the conditions. 43 currency pairs are offered, which can be traded at a low spread. The currency pairs include majors as well as minors, which have a fixed position. Five days a week, 24 hours a day, traders can invest and use the differences between currency pairs to generate nice returns.
CFDS ON CRYPTO CURRENCIES
The broker also offers a nice number of CFDs on popular crypto currencies like Bitcoin, Litecoin, Ethereum and Ripple. These Internet currencies have been very popular for several years, which is why investors like to invest their money there. This trend has not gone unnoticed by ATFX either, so traders can trade a variety of contracts for difference on the platform. No fees are charged for this. Investors participate in rising and falling prices and can trade the Internet currency from a minimum lot size of 0.1. The conditions for Bitcoin CFDs, for example, are as follows
- Minimum spread lot/value: US$ 180
- Lever: 1:5
- Initial Margin: 2,400 US dollars
- The trading conditions for the available Ethereum CFDs are different. For example, the initial margin is 240 US dollars. Anyone who wants to invest in Litecoin can do so. The initial margin for this crypto currency is 360 US dollars. For Ripple CFDs, the Initial Margin is also 360 US dollars, but the minimum spread value is 8 US dollars.
Trading CFDs on securities
For trading in shares, CFDs on securities are available to traders. They include over 20 of the most important shares. Investments can be made with CFDs on eBay, Apple and Facebook, for example. The currencies vary between Euro and US Dollar. If, for example, you invest in CFD securities of Deutsche Lufthansa, the currency is the Euro.
TRADING WITH INDEX CFDS
Of course, traders are also offered selected CFDs on indices. These include, for example:
- Euro Stoxx 50 Index
- Hong Kong HSI Index
- FTSE China A50 Index
Even with a small volume from 0.1 lot, trading with changing minimum spreads from 1.5 pips is possible.
TRADE WITH CDFS ON METAL
When trading Contracts for Difference, investors can also invest in metals. They can also be traded five days a week, 24 hours a day. The spread is a minimum of 3.8 for gold/US dollar and 4.0 for silver/US dollar.
MANY FREE EXTRAS FOR TRADERS AT ATFX
ATFX clients receive numerous free extras such as tips on trading and market analysis, an overview of current holidays and the associated trading disruption in the USA and China.
EASE OF USE AND SERVICE
Traders can experience the quality of ATFX’s website content not only with a live account, but also with a free demo account. Customers have the opportunity to use the site in their native language. This includes German to ensure adequate communication. Investors who only have a limited knowledge of English can thus understand and understand information on individual topics. The information provided by the online broker is extensive and provides detailed information on how deposits are made and the market analysis options available. In addition, detailed information is available on individual trading opportunities and conditions.
As a special service, the broker also offers training and further education for demo accounts, which can be expanded even further. However, the existing ones are characterized by high quality. There are also regular webinars on various topics, which are held in different languages. Traders also have access to market analyses and business news via TradeCentral access.
Benefits, Extras and Bonus at ATFX
In addition to the financial instruments offered, the online broker provides customers with an enormous range of services. Among other things, ATFX provides trading hours for American and Chinese holidays, so that investors always know exactly when, for example, important holidays are in the respective countries. This provides them with important information about when trading may be restricted. With other online brokers, traders have to do a lot of research to find out. At ATFX such information is available completely free of charge.
As a further extra, the ATFX test account should not be forgotten. Traders can open this free of charge and trade with virtual money without risk. Spreads starting from 0.6 pips can be used to invest at will. Opening an account is fast, as no further documents are required for verification.
FREE MARKET REPORT EVERY DAY
ATFX provides traders with numerous free reports and analyses. As a free download, for example, there is market support every day. Investors can find out which markets are currently particularly interesting and promising for investments. Another feature is the economic calendar. This provides information about important events in the future and their potential impact. Another special feature of the broker is the numerous analysis options that can be used via TradingCentral, for example.
BONI WITH ATFX
Anyone looking for attractive bonus offers and promotions at ATFX will not be disappointed. Future traders will receive a deposit bonus of up to 200 US dollars when they open a real money account. On top of this comes a welcome bonus of up to 100 US dollars. Unfortunately, these bonus offers are not available on the German language website of the online broker.
Because customer friendliness is very important to the global online broker, there is a support feature to the many helpful features that traders can contact via email and phone to get help with questions and problems. The friendly staff is available 24 hours a day to help you find a suitable solution quickly. Those who are also interested in the latest news from the online broker can follow him in the social networks. ATFX is active on Instagram, Facebook and Twitter, for example.
Conclusion: Demo account from ATFX – ideal test run for prospective traders
The trading platform of ATFX offers optimal conditions for trading and with the ATFX demo account it provides a great feature to gain important knowledge and procedures in investing and then generate great returns with real money. The broker is specialized in CDF and Forex trading. It operates according to the NDD market model. Through the international presence and the various subsidiaries, European traders are given the opportunity to cooperate with the British branch. It is regulated by the FCA. Although the portfolio is not huge, it offers a variety of investment opportunities with favorable spreads. Trading is done with MetaTrader 4.
Despite the many advantages that ATFX has to offer, the online broker is less suitable for getting started in CFD and Forex trading, as there is little information available on the website. Unfortunately there is no FAQ section to find answers to recurring questions. Those who want to contact the customer support by phone pay a lot of money for it. But as a good alternative there is an e-mail and a live chat for contacting the support. The free demo account, which can be used indefinitely, allows traders to test trading first before opening a real money account.
Registration for the ATFX demo account is easy using the online form. The MetaTrader can be easily downloaded via the link sent to you. Afterwards, nothing stands in the way of using the trial version. Investors have access to the financial instruments offered by the broker.