The In-Depth Review of ATFX Broker - An Expert Insight

Greetings to all the traders out there! Today, we're going to evaluate ATFX, a renowned player in the forex sector. Our DayFunded team carried out extensive checks on the broker. Our analysis puts a strong emphasis on the trading conditions, which are, of course, crucial for any trader. Buckle up, as we delve into our ATFX broker review!

Founded in 2015, ATFX Global Markets (CY) Limited and its sister concern, AT Global Markets (UK) Limited, have made their mark in the online trading sector. As the name indicates, the UK based company ATFX prides itself in having a significant global reach. Unfortunately, it doesn't cater to US traders – a minor drawback considering the vast client base they serve.

Financial Security and Regulation

ATFX has a serious regulation, which is a significant plus point. Trading with a regulated broker safeguards your investment to a certain degree, as these companies have to comply with stringent standards set by the regulatory bodies. Segregated accounts are another added security feature ATFX offers. This means that the broker keeps its operational funds separate from the funds of its clients, ensuring the broker does not use clients' money for its business operations.

Account Features

Opening an account with ATFX demands a minimum account size of $200. This figure is fairly affordable for most traders, especially those who wish to trade in lower volumes. The minimum position size of 0.01 also makes ATFX suitable for those who prefer to start with lower risks. The leverage offered is quite competitive and can allow traders to magnify their returns, provided they use this tool cautiously.

Trading Conditions

ATFX has earned an average rating from traders and experts, meaning that it offers a smooth and reliable trading experience. A crucial factor that contributes to this rating is their reasonably low spread, allowing traders to potentially make more profit from their trades as the cost to enter a position is lower.

Broker Features

ATFX places a particular emphasis on education. They offer a lot of free education resources to their traders, which can enhance their trading skills and expertise. This feature is extremely useful for beginners who need to understand the basics and experienced traders who wish to improve.

All in all, ATFX seems to be a good option for those seeking a regulated, professionally functioning broker that offers a blend of good trading conditions and extra features like free education. The stipulated minimum account size and position size also make ATFX a suitable choice for beginners and amateur traders. However, the unavailability of their services to US traders is an area of improvement.

Keep in mind, the information and assessments given here are based on our findings at DayFunded, and it's always a good idea to carry out personal research before making a decision.

Stay tuned for more broker reviews and valuable trading insights from DayFunded!

(Disclaimer: Trading involves the risk of losing your money, and you should only trade with money you can afford to lose. This post is not an investment advice.)