Choosing the right account depends on the size of your initial investment, your tolerance for risk, and the amount of time you have to trade daily. Trading is done via MetaTrader 4 with support for all devices, both mobile and desktop. The range of deposit and withdrawal methods offers something for most traders.
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If you are looking for a cheaper option, you can try IQ Option, where you can start trading with only $10. MT4 offers advanced technical analysis tools with 30 built-in indicators, over 2000 free custom indicators, and 700 paid indicators. Getting started on the MT4 platform is straightforward, and you can quickly become proficient with ATFX’s library of ‘how-to’ videos and interactive webinars. Beginners can also start with a $50,000 virtual demo account and learn the MT4 platform risk-free.
How do I open an account with ATFX?
Metatrader 4 (MT4) is widely regarded as the most popular and arguably one of the best trading platforms for traders. MT4 is an intuitive platform, which you can fully customise to match your preferences, which will enhance https://forexarena.net/ your trading skills. You and your funds have the highest level of protection at ATFX. Our adherence to strict protocols ensures security of your funds by using segregated accounts and ultimately gives you peace of mind.
Standard Account ($
These include Yemen, Vanuatu, Tunisia, Trinidad and Tobago, and Sri Lanka. It also includes Bosnia and Herzegovina, Iraq, Ethiopia, Syria, Sudan, DPRK, and Turkey. ATFX cannot be used in Cuba, Japan, Iran, Canada, or the USA either. It is best atfx trading platform to confirm that ATFX is available in your country if it is not explicitly stated. ATFX is a broker offering the ability to trade a range of assets and aims to make their platform simple to use with support for the MetaTrader 4 software.
HONG KONG, Aug. 14, 2024 /PRNewswire/ — ATFX is pleased to announce the launch of the ATFX Client Funds Insurance. With MT4 live account, you can start trading forex, stocks, commodities, and other financial products. Use the tools and resources available on the platform to make informed trading decisions and achieve your investment goals. The first step in opening a live account on MetaTrader 4 is to choose a reputable broker (such as ATFX) offers the platform. Look for a regulated broker with a good reputation and who offers the financial products you want to trade.
What is MT4 platform?
MT4 is also available on desktop platforms, tablets, and mobile devices for traders on the move. Traders are protected against broker defaults in amounts up to £85,000 per person under the Financial Services Compensation Scheme (FSCS), while accounts of E.U. Traders are only protected up to €20,000 by Cyprus’ Investor Compensation Fund (ICF). Social trading at the company is only available via their collaboration with the MT4 trading software and community. Once logged in to the MT4 platform, you will need to register for your social trading account by clicking on the ‘auto trading’ button. They also provide an economic calendar and free quarterly market outlook containing longer-term analysis that covers all of the markets ATFX offers.
They still provide you with the ability to trade all of the major pairs but offer a limited selection of minor and exotic currency pairs on their platform. These include a lack of negative balance protection and waived restrictions on CFDs. ATFX can also use sophisticated market language when talking to professional clients and assume higher experience levels. There are also changes to considerations for best execution.
It is important to note that between 74-89% of retail investors lose money when trading CFDs. These products may not be suitable for everyone, and it is crucial that you fully comprehend the risks involved. Prior to making any decisions, carefully assess your financial situation and determine whether you can afford the potential risk of losing your money. The features of the demo account include the choice to trade in about 100 financial products across forex, gold, oil, indices and cryptocurrencies from your PC or mobile. Yes, you can open an account with ATFX if you are residing in Hong Kong. However, the broker does not offer its services to residents and US citizens due to the stringent laws which prohibit CFD trading on both domestic and foreign platforms.
You can choose a trading account to match your risk-appetite, your experience, and the level of your initial investment. Next up, ensure that your account is completely verified before you fund the account. Always confirm whether you are using a demo account or a live trading account every time you want to trade forex.
The MT4 demo account has all the functionality of the live version, and traders get access to $50,000 in a virtual trading account. MT4 can also be used on desktop, tablet, and mobile devices. At ATFX, we believe there is a better way to trade the financial markets. With advanced technology, first-class products and services, and continuous education, we provide you with the best possible trading experience.
- Whichever route you choose you’ll experience lightning-quick fills through your MT4 platform and some of the lowest transaction costs in the industry.
- It includes tools to limit risk, such as stop-loss limit orders and balance protection.
- The broker has a client portal that is state-of-the-art and relies on the leading encryption systems.
- For retail clients, priorities are the transaction cost and the overall price.
- Forex trading is exchanging one currency pair for another to grow your capital.
ATFX offers a straightforward forex and CFD trading experience. Our in-depth review highlights that while it offers a decent range of trading instruments and platforms, it does not stand out significantly in any particular area. Opening an MT4 demo account provides you with the perfect opportunity to familiarise yourself with the MT4 platform. You can experiment and test in a risk-free and fee-free environment. Each trading account has different features and benefits that cater to traders of all levels. For the convenience of clients, ATFX offers multiple methods of contacting the team.
Each transaction works by simultaneously selling one currency to buy another or vice versa. Forex investment opportunities exist because currencies constantly fluctuate due to their changing demand and supply. Most of the trading activity happening on the forex market is by institutional participants like banks or funds. With over 10 years of experience in financial industry, our teammates have to provide professional, localised services for our clients.
This only requires opening up a Live Account and then depositing $200. To deposit funds into your ATFX account, just log into your account. This means that your deposits must come from your own accounts. Remember that for compliance reasons, withdrawals must be returned to your original payment source. In the case of profits on trades from deposits made with a card, the extra funds will go to a bank account.
The broker has a client portal that is state-of-the-art and relies on the leading encryption systems. ATFX offers more than a hundred CFD financial instruments, including shares, cryptocurrencies, indices, crude oil, precious metals, and forex. For forex, there are 43 currency pairs, including majors, exotics, and crosses. For precious metals, you can trade gold and silver while crude oil offerings include WTI Oil CFD. Indices include 12 types of shares indices CFDs from Asia, Europe, and the United States. Cryptocurrency CFDs include Bitcoin, Litecoin, Ethereum, and Ripple.