71% of retail investor accounts lose money when trading CFDs with this provider.
Like most brokers, ATFX Global Markets takes a fee from the spread, which is the difference between the buy and sell price of an instrument.
The commisions and spreads displayed below are based on the minimum spreads listed on ATFX Global Markets’s website. The colour bars show how competitive ATFX Global Markets's spreads are in comparison to other popular brokers featured on BrokerNotes.
|ATFX Global Markets|
|EUR/USD (Average: 0.7 pips)||Not offered||0.7 pips||0.1 pips|
|GBP/USD (Average: 1.1 pips)||Not offered||1.7 pips||0.1 pips|
|USD/JPY (Average: 1.1 pips)||Not offered||0.6 pips||0.1 pips|
|AUD/USD (Average: 0.8 pips)||Not offered||0.6 pips||0.2 pips|
|USD/CHF (Average: 2.3 pips)||Not offered||2.3 pips||0.2 pips|
|USD/CAD (Average: 2.9 pips)||Not offered||0.5 pips||0.3 pips|
|NZD/USD (Average: 3.6 pips)||Not offered||2.8 pips||0.3 pips|
|EUR/GBP (Average: 2.4 pips)||Not offered||0.5 pips||0.1 pips|
Spreads are dynamic and are for informational purposes only.
As you can see, ATFX Global Markets’s minimum spread for trading EUR/USD is pips - which is relatively low compared to average EUR/USD spread of 0.70 pips. Below is a breakdown of how much it would cost you to trade one lot of EUR/USD with ATFX Global Markets vs. similar brokers.See all Spreads
If you were to buy one standard lot of EUR/USD (100k units) with ATFX Global Markets at an exchange rate of 1.1719 and then sell it the next day at the same price you would likely pay $9.94. Here’s a rough breakdown of the fees and how this compares against AvaTrade & IG .
|Spread from:||$ 2.00||$ 7.00||$ 6.00|
|Total cost of a 100k trade:||$ 2.00||$ 7.00||$ 6.00|
|$5 more||$4 more|
|Visit XTB||Visit AvaTrade||Visit IG|
All fees/prices are for informational purposes and are subject to change.
ATFX Global Markets offers over 1,500 different instruments to trade, including over 48 currency pairs. We’ve summarised all of the different types of instruments offered by ATFX Global Markets below, along with the instruments offered by AvaTrade and IG for comparison.
|FX / Currencies||XTB||AvaTrade||IG|
|# of forex pairs offered||48||59||90|
|Major forex pairs||Yes||Yes||Yes|
|Minor forex pairs||Yes||Yes||Yes|
|Exotic forex pairs||Yes||Yes||Yes|
|# of commodities offered||21||16||34|
|Index & Stock CFDs||XTB||AvaTrade||IG|
|# of stocks offered||1606||99||8000|
|See XTB's Instruments||See AvaTrade's Instruments||See IG's Instruments|
ATFX Global Markets offers the popular MT4 forex trading platform. To see a list of the top MT4 brokers, see our comparison of MT4 brokers. The combination of downloadable platforms for both Mac and Windows allows traders to trade with their device of choice.
ATFX Global Markets also offer mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you are on the move.See ATFX's platforms
ATFX Global Markets allows you to execute a minimum trade of 0.01. This may vary depending on the account you open. ATFX Global Markets allows you to execute a maximum trade of 30. As ATFX Global Markets offer STP execution, you can expect tighter spreads with more transparency over the price you‘re paying to execute your trades.
As a nice bonus, ATFX Global Markets are one of very few brokers that claim to have no requotes, so you don’t have to worry about slippage (your trades being ordered at a different price to what you executed them at).
As with most brokers, margin requirements do vary depending on the trader, accounts and instruments. You can see the latest margin requirements on their website.
ATFX Global Markets also offers a number of useful risk management features, such as stop losses (with trailing stops), limit orders negative balance protection price alerts and much more. You can see all of the account features offered by ATFX Global Markets here.
Finally, we’ve listed some of the popular funding methods that ATFX Global Markets offers its traders below.
ATFX Global Markets support a wide range of languages including English, Arabic, Chinese, Czech, French, German, Greek, Indonesian, Italian, Hungarian, Japanese, Korean, Malaysian, Romanian, Russian, Spanish, Thai, Filipino, Turkish, and Vietnamese.
As ATFX Global Markets is regulated by CySEC , every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you’ll likely be asked for the following, so it’s good to have these handy:
You’ll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it’s best to put aside at least 10 minutes or so to complete the account opening process.
While you might be able to explore ATFX Global Markets’s platform straight away, it’s important to note that you won’t be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.
To start the process of opening an account with ATFX Global Markets you can visit their website here.
CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you’re prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from https://atfxgm.eu on 01/04/2020.