Broker

Spread

for EURUSD

Min.

Deposit

Platforms

Offered

Account

Types

Spread

Type

Funding

Methods

Customer

Support

Execution

Details

ATFX Global Markets

Offerstwo ways to trade: Forex, CFDs

 
ATFX Global Markets
See Details Try a Demo
Your capital is at risk
$100Min. Deposit Learn More
  • MT4
  • WebTrader
  • Mobile apps
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  • Micro
  • Standard
  • VIP
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  • Fixed
  • Variable

See Spreads
  • Bank transfer
  • Credit cards
  • PayPal
See Methods
  • Live chat
  • Phone support
  • Email support
Contact Details
  • Market Maker
  • DMA
  • ECN
Learn More
Trust Score:

B

2

Established in:

2014

Regulated by:

CySEC

CFDs are leveraged products and can result in the loss of your capital. Cryptocurrencies can widely fluctuate in prices and are not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Rankings are influenced by affiliate commissions. All information collected on 1/11/2017.

The Ultimate Guide to

Choosing a Broker
For Payoneer

Not sure which broker is right for you?

Don’t worry - we’ve got you covered. In this guide, you’ll learn:

Ready?

Part 1

Why Choose ATFX Global Markets
For Payoneer?

ATFX Global Markets scored best in our review of the top brokers for payoneer, which takes into account 120+ factors across eight categories. Here are some areas where ATFX Global Markets scored highly in:

  • 4+ years in business
  • Offers 57+ instruments
  • A range of platform inc. MT4, Mac, Web Trader, Tablet & Mobile apps
  • 24/7 customer service
  • Tight spreads from 0.50pips
  • Used by 2+ traders
  • Allows hedging
  • 2 languages
  • Leverage up to

ATFX Global Markets offers two ways to tradeForex, CFDs. If you wanted to trade EURUSD

The two most important categories in our rating system are the cost of trading and the broker’s trust score. To calculate a broker’s trust score, we take into account a range of factors, including their regulation history, years in business, liquidity provider etc.

ATFX Global Markets have a B trust score, which is low. This is largely down to them being regulated by CySEC, segregating client funds, being segregating client funds, being established for over 4

Trust Score comparsion

ATFX Global Markets
Trust Score B
Year Established 2014
Regulated by CySEC
Uses tier 1 banks
Company Type Private Private Private
Segregates client funds

The second thing we look for is the competitiveness of the spreads, and what fees they charge. We’ve compared these in detail in part three of this guide.

Part 2

Who ATFX Global Markets is (& Isn’t)
Suitable For

As mentioned, ATFX Global Markets allows you to trade in two ways: Forex, CFDs.

Suitable for:

  • CFD Trading
  • Forex Trading

Not Suitable for:

To trade with ATFX Global Markets, you’ll need a minimum deposit of $100. ATFX Global Markets offers a range of different account types for different traders including a micro accountmini account, vip account .

Finally, ATFX Global Markets isn’t available in the following countries: DPRK, Canada, Iran, Japan, Brazil, Mexico, Turkey, Cuba, Sudan, Syria, USA, Bosnia and Herzegovina, Ethiopia, Iraq, Sri Lanka, Trinidad and Tobago, Tunisia, Vanuatu, Yemen.. They do not offer islamic accounts .

Part 3

A Comparison of ATFX Global Markets vs. vs.


Want to see how ATFX Global Markets stacks up against and ? We’ve compared their spreads, features, and key information below.



Spread & fee comparsion

The spreads below are illustrative. For more accurate pricing information, click on the names of the brokers at the top of the table to open their websites in a new tab.
ATFX Global Markets
Fixed Spreads
Variable Spreads
EUR/USD Spread 0.50
GBP/USD Spread
USD/CAD Spread
USD/JPY Spread
DAX Spread
FTSE 100 Spread
S&P500 Spread

Comparison of account & trading features

ATFX Global Markets
Platform MT4, Mac, Web Trader, Tablet & Mobile apps
Services Forex, CFDs
Base currency options USD
Funding options Credit cards, Bank transfer, American Express, MasterCard,
Micro account
ECN account

Part 4

Benefits of choosing a Broker that accepts Payoneer

Online payment service providers are becoming more popular, and Forex brokers are continuing to expand their range of accepted payment methods to fund trading accounts. Amongst the most popular are PayPal and Skrill; payment gateways that are widely accepted by many brokers in the UK. Payoneer do not work with Forex brokers, however they do offer a prepaid MasterCard which can be used at any online Forex broker that accepts MasterCard payments.

What is Payoneer?

A Payoneer account provides a means for receiving money transfers from businesses around the world. Payoneer also offers a payments solution for businesses to make and receive payments. The company was founded in 2005 in New York and has since then risen to be ranked in the top 100 financial services companies worldwide. According to their website, their goal is to empower their customers so they can grow their businesses, enabling them to make and receive payments globally and confidently. Payoneer works with many major marketplaces and networks to provide payments for services, such as Fiverr, Amazon, airbnb, iStock and Google Trusted Stores. Small and medium sized enterprises looking to connect to their own trading partners and customers can also benefit from their range of services.

Payoneer services

Payoneer make it easy for individuals to receive money transfers from companies across borders, and for businesses to pay for services and goods from freelancers and other providers from around the world. The payment services are available in most countries and in over 150 different currencies. The payment solutions are fast and flexible, and are suitable for a range of different customers, all of which are treated with the same level of efficiency. From freelance travel bloggers, to large multinational corporations, Payoneer’s global money transfer services have already been trusted by 4 million users.

The charges are also very competitive. With a basic account, it is free to receive payments in the UK, EU and US. Withdrawing to a local bank account in the same currency is also free, however a currency conversion charge of 2% above the market rate will be applied if the transferred funds are in a different currency to the bank account. For customers withdrawing USDs to a USD bank account, a charge of $3 applies. It should be noted that there also may be additional fees from a personal bank account, such as processing fees, landing fees or intermediary fees, which are not directly associated with Payoneer.

A 24/7 customer support service is also available to help clients with any questions they may have about the payments platform.

Advantages of using Payoneer to fund your trading account

Payoneer accounts are mainly used by individuals and businesses to bill clients and receive payments. The payment services are not directly used to fund and withdraw money from trading accounts, and in fact, inbound payments from Forex, binary and other trading accounts are prohibited.

However, Payoneer do offer a prepaid MasterCard. This can be used to fund any trading account that accepts MasterCard payments. No bank accounts are required to sign up to the Prepaid MasterCard, and funds are accessible within 2 hours of a payment being received onto the card.

Brokers who accept Payoneer

Whilst no brokers are directly connected with the Payoneer services, the vast majority accept MasterCard payments to fund accounts. A few examples of top regulated brokers that accept MasterCard payments include eToro, Plus500 and IG.


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