Global Broker governance & inquiry App
Broker Search
English
Download

FXGiants , ATFX Broker Comparison

Do you want to know which is the better broker between FXGiants and ATFX ?

In the table below, you can compare the features of FXGiants , ATFX side by side to determine the best fit for your needs.

  • Rating
  • Basic Information
  • Benchmark
  • Account Information
  • Relevant information
  • Relevant exposure
  • Rating
  • Basic Information
  • Benchmark
  • Account Information
  • Relevant information
  • Relevant exposure
 2 / 3   brokers in total
Rating
Score
Regulatory Status
WikiFX Guarantee
WikiFX Survey
Risk Evaluation
Exposure
Basic Information
Established
Regulatory license
MT4
MT5
Crypto
Deposit and withdrawal method
Benchmark
environment rating
Transaction Speed
Transaction speed rating
Average transaction speed
The highest transaction speed
The highest speed of opening positions
The highest speed of closing position
Slowest transaction speed
The lowest speed of opening positions
The lowest speed of closing position
Trading slippage
Transaction slippage rating
Average slippage
Maximum transaction slippage
Maximum positive slippage
Maximum negative slippage
Transaction Cost
Transaction cost rating
  • Average transaction cost
  • (EURUSD)
  • Average transaction cost
  • (XAUUSD)
Rollover Cost
Rollover cost rating
  • Average transaction cost
  • (EURUSD)
  • Average transaction cost
  • (XAUUSD)
Disconnection results
Software disconnection rating
Average disconnection frequency (times/day)
Reconnection time
Account Information
Accounts
Account name
Products
Deposit REQ
Maximum Leverage
Spread of majors
Forced Liquidation Ratio
Spread Types
Minimum Position
Crypto
Lock postition
Scalping
EA trading
FXGiants
1.47
Clone Firm
Under guarantee
2-5 years
FCA
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
STP/ECN Absolute Zero,STP/ECN Zero Spread,STP/ECN No Commision,Live Zero Fixed Spread,Live Fixed Spread,Live Floating Spread
--
--
1:200
from 0.2
0.00
Variable
0.01
--
ATFX
7.45
Regulated
Under guarantee
--
5-10 years
ASIC,FCA,CYSEC,SCA
--
D
D
1079.4
158
158
501
1988
1988
1549
C

EURUSD: 0.3

XAUUSD: 1.2

23
-1
23
C
17.81 USD/Lot
42.88 USD/Lot
A

Long: -6.02

Short: 2.33

Long: -34.43

Short: 19.17

B
0.7
91.7
--
--
--
--
--
--
--
--
--
--
--
--

FXGiants 、 ATFX BrokersRelevant information

FXGiants 、 ATFX BrokersRelevant exposure

Which broker is more reliable?

You can determine the reliability and credibility of a broker by checking four factors:

1.Forex broker introduction。

2.Are the transaction costs and expenses of fxgiants, atfx lower?

3.Which broker is safer?

4.Which broker provides better trading platform?

Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:

Forex broker introduction

fxgiants
FXGiants Basic Information
Registered Country/Region Bermuda
Regulations N/A
Tradable Assets Forex, Metals, Indices, Commodities, Futures, Shares
Account Types Live Floating Spread Account, Live Fixed Spread Account, Live Zero Fixed Spread Account, STP/ECN No Commission Account, STP/ECN Zero Spread Account, STP/ECN Absolute Zero Account
Minimum Deposit N/A
Maximum Leverage 1000:1
Minimum spread from 0.0 pips
Deposit & Withdrawal VISA, Wire Transfer, and BTC
Trading Platforms MetaTrader 4
Customer Support Phone, Email, Live chat,
Education Resources Blog

General Information & Regulation

FXGiants is an international online broker that offers retail and institutional traders across the globe access to trade over 200+ instruments from multiple asset-classes including Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies & CFDs.

FXGiants, registered in Bermuda, operates as an unregulated broker. While it offers a diverse range of market instruments, including Forex, Metals, Indices, Commodities, Futures, and Shares, investors should approach the platform with caution due to the lack of regulatory oversight. The maximum leverage ranges from 200:1 to 1000:1, providing traders with flexibility but also exposing them to higher risks. Spreads and commissions vary across different account types, with options such as fixed spreads, zero spreads, and variable spreads. The absence of regulation raises concerns about investor protection and transparency. Additionally, limited deposit options, the absence of a demo account, and unclear minimum deposit requirements can be considered disadvantages. However, FXGiants offers robust trading platforms, including MetaTrader 4 and PMAM, along with VPS hosting services for enhanced performance. The customer support team is responsive and available via phone, email, and live chat. Traders can access educational resources through the company's blog, although the offerings may be limited. In summary, FXGiants provides a wide range of trading options but requires careful consideration of the associated risks and limitations.

basic-info

Is FXGiants legit or a scam?

No, FXGiants, registered in Bermuda, operates without holding any licenses and is not subject to regulatory oversight from any governing bodies. As a result, investors should approach the platform with caution and carefully assess the risks involved. The absence of regulatory supervision means that there are no guarantees regarding the platform's compliance with industry standards and customer protection measures. It is advisable for investors to conduct thorough due diligence, seek professional advice, and consider alternative regulated options to ensure the security of their investments.

Pros and Cons

FXGiants offers a range of advantages and disadvantages for traders. One of the key advantages is the availability of diverse market instruments, including Forex, Metals, Indices, Commodities, Futures, and Shares, allowing traders to diversify their portfolios. FXGiants also offers multiple account types, providing flexibility for traders to choose the one that aligns with their preferences. Additionally, FXGiants provides high leverage up to 1000:1. However, a significant drawback is the lack of regulation, which raises concerns about investor protection. The limited deposit options and the absence of a demo account for practice trading are also notable disadvantages. Moreover, the unclear minimum deposit requirement and limited educational resources may hinder comprehensive learning. Traders should carefully consider these factors before engaging with FXGiants.

Pros Cons
None Lack of Regulation
Limited Deposit Options
Lack of Demo Account
Unclear Minimum Deposit Requirement
Limited Educational Resources

Markets Instruments

  1. Forex: FXGiants offers a wide range of currency pairs for trading in the Forex market. Forex, also known as foreign exchange, involves the buying and selling of currencies. Traders can speculate on the price movements of major, minor, and exotic currency pairs, taking advantage of the volatility and liquidity of the Forex market.

  2. Metals: FXGiants allows trading in precious metals like gold, silver, platinum, and palladium. These metals are considered as safe-haven assets and are often used as a hedge against inflation or economic uncertainty. Traders can take positions on the price movements of these metals, benefiting from both rising and falling markets.

  3. Indices: FXGiants provides access to a variety of global stock indices, such as the S&P 500, FTSE 100, DAX 30, and Nikkei 225. Stock indices represent a basket of stocks from a specific exchange or sector and are used to gauge the overall performance of a market. Traders can speculate on the direction of these indices, capitalizing on market trends and economic indicators.

  4. Commodities: FXGiants offers trading opportunities in popular commodities like oil, natural gas, and agricultural products. Commodity markets involve the buying and selling of physical goods, including energy products, metals, and agricultural produce. Traders can take advantage of price fluctuations in these markets, driven by factors such as supply and demand dynamics, geopolitical events, and weather conditions.

  5. Futures: FXGiants allows trading in futures contracts, which are agreements to buy or sell an underlying asset at a predetermined price and date in the future. Futures cover a wide range of assets, including commodities, stock indices, and currencies. Traders can speculate on the future price movements of these assets, taking advantage of leverage and the ability to profit in both rising and falling markets.

  6. Shares: FXGiants provides access to trading shares of major companies listed on global stock exchanges. Share trading allows investors to take ownership in a company and participate in its growth and profitability. Traders can speculate on the price movements of individual stocks, leveraging fundamental and technical analysis to make informed trading decisions.

These market instruments offered by FXGiants provide traders with a diverse range of opportunities to capitalize on price movements across various financial markets, catering to different trading strategies and risk preferences.

market-instruments
market-instruments

Account Types

FXGiants offers a range of account types to cater to different trading preferences and strategies. Here are the details of the six account types:

  1. Live Floating Spread Account: This account features variable spreads starting from 1.0 pips, with no commissions charged per trade. Traders can benefit from a maximum leverage of 1000:1, allowing for greater trading flexibility and potential.

  2. Live Fixed Spread Account: With this account, traders enjoy fixed spreads starting from 1.3 pips, and there are no commissions per trade. Similar to the Live Floating Spread Account, the maximum leverage is set at 1000:1.

  3. Live Zero Fixed Spread Account: This account type offers zero fixed spreads. Instead, traders are charged a commission of $9 per lot traded. The maximum leverage for this account is set at 500:1.

account-types
  1. STP/ECN No Commission Account: Designed for traders who prefer straight-through processing (STP) and electronic communication network (ECN) execution, this account provides variable spreads starting from 1.7 pips without any commissions. The maximum leverage is set at 200:1.

  2. STP/ECN Zero Spread Account: Traders opting for this account enjoy zero spreads, meaning there is no markup on the raw interbank spreads. However, a commission of $3.75 per lot is charged. The maximum leverage for this account type is 200:1.

  3. STP/ECN Absolute Zero Account: This account features extremely low spreads starting from 0.2 pips, with no commissions charged per trade. Traders can leverage up to 200:1 in this account type.

These various account types offered by FXGiants allow traders to choose the one that aligns with their trading style, risk tolerance, and specific requirements, ensuring a customized trading experience.

account-types

How to open an account?

Here are the steps involved in the account opening process with FXGiants:

open-account
  1. Registration: Visit the FXGiants website and click on the “Open Account” or “Register” button. Fill in the required personal information such as name, email address, phone number, and country of residence.

    open-account
  2. Verification: After submitting your registration details, you will need to complete the verification process. This typically involves providing identification documents such as a valid passport or driver's license and proof of address, such as a utility bill or bank statement. FXGiants may require additional documents based on regulatory requirements.

  3. Account Type Selection: Choose the type of trading account that suits your trading preferences and needs. FXGiants typically offers different account types, such as Standard, Premium, or VIP, each with varying features and trading conditions. Select the account type that aligns with your trading goals.

  4. Deposit Funds: Once your account is verified, you can proceed to deposit funds into your trading account. FXGiants offers various deposit methods such as credit/debit card, wire transfer, or online payment systems. Choose the preferred method and follow the instructions to deposit the desired amount.

  5. Start Trading: After successfully depositing funds, you can log in to your FXGiants trading account using the provided credentials. Download the trading platform (such as MetaTrader 4) or access the web-based platform. You are now ready to start trading by selecting financial instruments and executing trades.

It's worth noting that the specific steps and requirements may vary slightly based on your location and regulatory guidelines. FXGiants typically provides clear instructions and guidance throughout the account opening process to ensure a smooth and hassle-free experience for their clients.

Leverage

When it comes to trading leverage, the maximum leverage offered by FXGiant is super high, reaching up to 1:1000. Generous leverage is not necessarily a good thing,e especially offered by unregulated brokers, so traders should take extra care to use it.

Spreads & Commissions

FXGiants offers varying spreads and commissions across different account types, providing traders with flexibility and choice. Here are the details:

  1. Live Floating Spread Account: This account features spreads starting from 1.0 pip with no commissions charged per trade. Traders can benefit from floating spreads while enjoying commission-free trading.

  2. Live Fixed Spread Account: With this account, traders can take advantage of fixed spreads starting from 1.3 pips without any commissions. The absence of commissions ensures transparent trading costs.

  3. Live Zero Fixed Spread Account: This account type offers traders the benefit of zero fixed spreads, meaning there is no markup on the raw interbank spreads. However, a commission of $9 per lot is charged for each trade.

  4. STP/ECN No Commission Account: Traders who opt for this account type enjoy variable spreads starting from 1.7 pips without any commissions. This account offers direct market access with no additional commission charges.

  5. STP/ECN Zero Spread Account: With this account, traders benefit from zero spreads, while a commission of $3.75 per lot is charged. This ensures traders have access to raw interbank spreads with low-cost trading.

  6. STP/ECN Absolute Zero Account: This account features incredibly low spreads starting from 0.2 pips with no additional commission charges.

FXGiants' diverse account types allow traders to choose the spreads and commissions structure that aligns with their trading style and preferences, providing flexibility and transparency in trading costs.

Trading Platform

FXGiants offers a robust trading platform that caters to the needs of traders. The platform primarily supports MetaTrader 4 (MT4), a widely acclaimed and popular trading platform in the industry. MT4 provides a comprehensive set of tools and features for traders to execute trades, perform technical analysis, and access real-time market data. It offers a user-friendly interface, customizable charts, and a wide range of technical indicators for advanced analysis.

In addition to MT4, FXGiants also provides the PMAM (Percentage Allocation Management Module) platform. This platform allows traders to easily manage multiple forex investment portfolios. With PMAM, traders can allocate and distribute funds among different trading accounts, monitor performance, and efficiently manage their investment strategies.

FXGiants also offers VPS hosting services. By connecting their trading accounts to FXGiants' free MT4 VPS (Virtual Private Server), traders can benefit from enhanced trading performance, reduced latency, and uninterrupted trading even during power outages or Internet disruptions. VPS hosting ensures that traders can fully utilize the potential of their trading strategies without worrying about technical issues.

Overall, FXGiants' trading platforms, including MetaTrader 4 and PMAM, coupled with their VPS hosting service, provide traders with advanced tools, convenience, and reliability to optimize their trading experience.

trading-platform

Deposit& Withdrawal

FXGiants offers convenient options for depositing and withdrawing funds. Clients can choose from various methods, including VISA, Wire Transfer, and BTC. VISA provides a quick and easy way to transfer funds using a credit or debit card. Wire Transfer allows for direct bank-to-bank transactions. Additionally, FXGiants supports BTC, enabling cryptocurrency enthusiasts to deposit and withdraw funds using Bitcoin. While FXGiants' official website does not specify the minimum deposit amount, clients can contact their customer support for more information.

deposit-withdrawal

Customer Support

FXGiants provides excellent customer support to assist traders in every possible way. Their dedicated staff is available 24/5, ensuring prompt assistance during trading hours. Clients can reach out to FXGiants' customer support through various channels. Alternatively, clients can reach out via email, allowing them to provide detailed information and receive a timely response. Additionally, FXGiants offers a convenient live chat feature on their website, enabling real-time communication with a support agent for quick resolutions to any issues.

customer-support
customer-support

Educational Resources

FXGiants offers educational resources to help traders gain knowledge about the financial markets. While their official website primarily provides a blog for accessing trading market information, it serves as a valuable resource for traders to stay informed about market trends, analysis, and insights. Traders can leverage these resources to enhance their understanding of the markets and make informed trading decisions. While FXGiants' educational offerings may be primarily focused on their blog, the availability of valuable market information can still contribute to traders' learning and development.

educational-resources

Conclusion

In summary, FXGiants is an unregulated broker registered in Bermuda. It offers a wide range of market instruments, including Forex, Metals, Indices, Commodities, Futures, and Shares. The platform provides multiple account types with varying spreads, commissions, and leverage options. FXGiants' trading platforms, including MetaTrader 4 and PMAM, offer advanced tools and features for traders. However, the lack of regulation raises concerns about investor protection. The limited deposit options, absence of a demo account, and unclear minimum deposit requirement are notable drawbacks. The customer support is responsive, and educational resources are available through the company's blog. Traders should carefully consider the risks and limitations associated with FXGiants before engaging with the platform.

FAQs

Q: Is FXGiants a regulated broker?

A: No, FXGiants is not a regulated broker.

Q: What trading instruments are available at FXGiants?

A:FXGiants offers a wide range of trading instruments, including Forex, Metals, Indices, Commodities, Futures, Shares

Q: Does FXGiants offer a demo account?

A: No, FXGiants does offer a demo account.

Q: What payment methods does FXGiants accept?

A: FXGiants accepts three kinds of payment methods, including VISA, Wire Transfer, and BTC

Q: What trading platforms does FXGiants offer?

A:FXGiants offers trading platform MetaTrader 4

Q: What is the minimum deposit required to open an account withFXGiants?

A: The minimum deposit required to open an account withFXGiants is $100 for all account types.

Q: Does FXGiants offer any bonuses or promotions?

A: Yes, FXGiants offers bonuses or promotions and the information is provided on their website.

Q: What is the maximum leverage offered by FXGiants?

A: The maximum leverage offered by FXGiants is 1:1000.

atfx
ATFX Basic Information
Company Name AT Global Markets (UK) Limited
Regulated By FCA, CYSEC
Year Founded 2014
Headquarters London, UK
Trading Platforms MT4, MT5, and their own proprietary trading platform
Account Types Standard, Edge, Premium
Demo Account Yes
Minimum Deposit $/€/£100
Leverage Up to 1:30 for retail traders and up to 1:400 for professional traders
Spreads Variable, starting from 0.0 pips
Tradable Assets Forex, CFDs on indices, commodities, and stocks
Deposits & Withdrawal Methods VISA, MasterCard, Skrill, Neteller, Bank Transfer, Trustly
Education and Analysis Webinars, articles, daily market outlooks, technical analysis tools
Customer Support 24/5 via phone, email, live chat, and social media

Overview of ATFX

ATFX is a global online forex and CFD broker established in 2014, offering a range of trading instruments, including forex, commodities, indices, and shares. The broker also offers several account types, including the Standard Account, Edge Account, and Premium Account, each with different features and benefits to suit different trading needs, with $100 to start. Besides, the broker also offers a demo account for traders to practice and test their strategies. One of the key features of ATFX is its trading platforms. The broker offers the popular MetaTrader 4 (MT4) platform, which is known for its advanced charting tools and user-friendly interface.

ATFX provides its clients with a range of educational resources to help traders improve their trading knowledge and skills. These resources include trading guides, webinars, seminars, and video tutorials. The broker also offers customer support services 24/5 via live chat, phone, and email.

basic-info

Is ATFX Legit or a Scam?

ATFX is a legitimate forex broker that operates under strict regulations. TThis broker is currently regulated by two major financial regulators, the Financial Conduct Authority (FCA) in the United Kingdom and the Cyprus Securities and Exchange Commission (CySEC) in Cyprus. These regulators are known for their strict oversight and regulations in the financial industry, which provides traders with a higher level of security and protection. ATFX's compliance with these regulations demonstrates its commitment to transparency and fairness in its business practices.

regulation
regulation

Pros & Cons of ATFX

ATFX has a number of advantages and disadvantages that traders should consider before choosing this broker. On the positive side, ATFX is a well-regulated broker that offers a range of trading platforms and tools, including MetaTrader 4, WebTrader, and mobile trading apps. The broker also provides a wide range of trading instruments, including forex, CFDs, and cryptocurrencies, and offers competitive spreads and low trading fees. In addition, ATFX provides its clients with a variety of educational resources to improve their trading skills and knowledge, and customer support services are available 24/5 through live chat, phone, and email.

On the downside, ATFX has limited options for deposit and withdrawal methods, as it only accepts payments via bank transfers and credit/debit cards. Another potential disadvantage is that ATFX does not offer social trading or copy trading features, which may be important to some traders. Finally, ATFX has limited research and analysis tools compared to other brokers, which may be a concern for more advanced traders.

Pros Cons
  • Regulated by FCA and CySEC
  • Limited range of tradeable assets
  • Low minimum deposit
  • Inactivity fees
  • Competitive spreads
  • Limited research tools
  • Negative balance protection
  • Limited trading platforms
  • Wide range of educational resources
  • No cryptocurrency trading
  • User-friendly trading platforms (MT4)
  • Limited withdrawal options
  • Excellent customer support services
  • Limited language options for customer support

Market Intruments

ATFX provides a wide range of tradable assets to its clients, including forex, metals, oils, indices, cryptocurrencies, and shares. This diverse range of instruments allows traders to diversify their portfolios and take advantage of various market conditions.

Forex-The forex market is the largest financial market in the world, and ATFX provides access to over 100 currency pairs, including major, minor, and exotic pairs.

Precious Metals-The broker also offers trading in precious metals such as gold and silver, which are popular safe-haven assets during times of market volatility.

Indices-Additionally, traders can speculate on the price movements of various indices, including the popular S&P 500 and NASDAQ.

Oils-Oils, such as Brent and Crude Oil, are also available for trading, which are popular among traders due to their high volatility.

Cryptocurrency-ATFX also offers trading in cryptocurrencies such as Bitcoin, Ethereum, and Litecoin, which have gained increasing popularity in recent years.

Shares-Lastly, traders can also invest in shares of some of the world's largest companies such as Apple, Amazon, and Google.

products
Pros Cons
Wide range of market instruments including forex, metals, oils, indices, cryptocurrencies, and shares. The selection of instruments may not be as extensive as some other brokers.
Highly liquid markets, allowing for efficient trading and price discovery. Market volatility can lead to significant price fluctuations and potential losses.
Ability to trade on leverage, allowing traders to increase their buying power and potential profits. Trading on leverage also increases the risk of losses, especially for inexperienced traders.
Opportunity for diversification, as traders can access a variety of different asset classes through a single broker. Certain market instruments may have high trading fees or commissions.
Market events or news can have a significant impact on market instruments, making them unpredictable at times.

Account Types

ATFX understands that every trader has their own trading style, preferences, and needs, which is why the broker offers a range of account types to choose from. Whether you're a beginner or an experienced trader, there is an account type that is suitable for you.

The Standard Account is a basic account type that is suitable for beginner traders who are just starting in the forex market. It requires a minimum deposit of $100 and offers fixed spreads starting from 1.0 pips. This account type also provides access to the MT4 trading platform and a range of trading instruments, including forex, metals, oils, indices, cryptocurrencies, and shares.

The Edge Account is a more advanced account type that is suitable for traders who have some experience in the forex market. It requires a minimum deposit of $5,000 and offers variable spreads starting from 0.6 pips. This account type also provides access to the MT4 trading platform and a range of trading instruments, including forex, metals, oils, indices, cryptocurrencies, and shares. In addition, the Edge Account offers free VPS hosting, market analysis, and a personal account manager.

The Premium Account is the most advanced account type offered by ATFX, designed for professional traders who require advanced trading features and tools. It requires a minimum deposit of $10,000 and offers variable spreads starting from 0.0 pips. This account type also provides access to the MT4 trading platform and a range of trading instruments, including forex, metals, oils, indices, cryptocurrencies, and shares. The Premium Account offers free VPS hosting, market analysis, a personal account manager, and access to exclusive trading tools, such as Autochartist and Trading Central.

account-types

Demo Trading

ATFX offers demo trading accounts to its clients, allowing them to practice and familiarize themselves with the trading platform and strategies before committing real funds. Demo accounts are available for all account types, including Standard, Edge, and Premium accounts. These accounts simulate real market conditions, providing traders with the opportunity to test their trading skills and strategies without any financial risks.

The demo accounts are also an excellent tool for beginners who are new to trading as it enables them to learn the basics of trading without the fear of losing money. The demo accounts offer the same features as live accounts, including access to all trading instruments and educational resources, enabling traders to experience the real trading environment.

ATFX's demo accounts have no time limit, giving traders ample time to perfect their trading strategies and techniques. Moreover, traders can switch between the demo and live accounts anytime they want, enabling them to transition smoothly to live trading when they are ready. The demo accounts offered by ATFX are an excellent resource for traders looking to improve their trading skills and strategies in a risk-free environment.

demo-account

How to open an account with ATFX?

  • Visit the ATFX website: Go to the ATFX website and click on the “Start Trading” button on the top right corner of the homepage.

open-account
  • Fill in your personal information: You will be directed to a page where you will need to provide your personal information, including your full name, date of birth, contact details, and country of residence. You will also need to choose your preferred account type.

  • Provide your financial information: You will be asked to provide information about your financial status, including your employment status, annual income, and investment experience.

  • Submit verification documents: To complete the registration process, you will need to submit a copy of your passport or ID card, as well as a proof of address, such as a utility bill or bank statement.

  • Fund your account: Once your account is verified, you can fund it using one of the available payment methods, such as bank transfer, credit/debit card, or e-wallet.

  • Start trading: Once your account is funded, you can start trading on the ATFX platform using your preferred trading instruments and strategies.

However, when browsing through the broker's website, an unwelcomed page showed up. A message popped up on the screen informing us that only the big shots - professional clients - were allowed to use the trading platform, while retail clients were left out in the cold.

open-account

Here's a table that compares the spreads on EUR/USD, UK100, and Oil offered by ATFX, Avatrade, IC Markets, and FP Markets:

Broker EUR/USD Spread UK100 Spread Oil Spread
ATFX 0.6 pips 2.5 pips 0.05 pips
Avatrade 0.9 pips 1.0 pips 0.03 pips
IC Markets 0.1 pips 1.0 pips 0.03 pips
FP Markets 0.0 pips 1.0 pips 0.02 pips

Leverage

ATFX offers varying levels of leverage depending on the type of trading account and financial instrument.

For forex trading, the maximum leverage available for retail clients is typically 30:1 for major currency pairs and 20:1 for minor and exotic currency pairs. Professional clients may have access to higher leverage, up to a maximum of 400:1, depending on their trading experience and other criteria.

For trading other financial instruments such as commodities, indices, and shares, the leverage may vary depending on the asset class and market conditions.

It's important to note that while leverage can amplify potential profits, it also magnifies potential losses, so it's crucial to use leverage responsibly and only trade with funds you can afford to lose. Additionally, different regulations may apply in different regions and countries, which could impact the maximum leverage available to traders.

Spreads & Commissions (Trading Fees)

ATFX offers competitive spreads and commissions on its trading accounts, which vary depending on the type of account and trading instrument.

For forex trading, ATFX offers both fixed and variable spreads, depending on the account type. The spreads for major currency pairs on the standard account start from 1.0 pip, while the spreads on the Edge account start from 0.0 pips but come with a commission of $7 per lot traded.

For other financial instruments such as commodities, indices, and shares, the trading fees may vary depending on the specific asset class and trading platform used.

spread-commission
spread-commission

Non-Trading Fees

Aside from trading fees, ATFX may charge non-trading fees that traders should be aware of, including:

  • Inactivity Fee: ATFX may charge an inactivity fee of $50 per quarter for accounts that have been inactive for more than 90 days. This fee may be waived for active traders or in certain circumstances.

  • Conversion Fees: If you deposit or withdraw funds in a currency different from your account's base currency, ATFX may charge a conversion fee to cover the costs of currency conversion.

  • Overnight Financing Charges: If you hold a position overnight, ATFX may charge or credit you with an overnight financing charge, also known as a swap fee. This fee is based on the interest rate differential between the two currencies being traded and is typically charged at a fixed percentage of the position value.

  • Withdrawal Fees: While ATFX does not charge any withdrawal fees, third-party payment providers may charge a fee for their services.

  • Deposit Fees: ATFX does not charge any deposit fees, but third-party payment providers may charge a fee for their services.

Trading Platform

ATFX currently provides the MetaTrader 4 (MT4) platform for its traders, which is a widely used platform among forex traders. It offers advanced charting tools, technical analysis indicators, and automated trading options through Expert Advisors (EAs).

While some traders may prefer other trading platforms, the MT4 platform is a robust and reliable option with a large community of users and third-party developers creating and sharing custom indicators and EAs.

In addition to the MT4 platform, ATFX also offers a range of trading tools and resources, including economic calendars, market analysis, and educational resources such as webinars and tutorials.

trading-platform
trading-platform

Check out this table that compares the trading platforms of ATFX, IC Markets, FP Markets, and Exness:

Feature ATFX IC Markets FP Markets Exness
Trading Platform MT4 MT4, MT5 MT4, MT5 MT4, MT5
Web Trading Platform Yes Yes Yes Yes
Mobile Trading Platform Yes Yes Yes Yes
Social Trading No Yes Yes No
Copy Trading Yes Yes Yes Yes
Trading Signals Yes Yes Yes Yes
Automated Trading Yes Yes Yes Yes
Scalping Allowed Yes Yes Yes Yes
Hedging Allowed Yes Yes Yes Yes

Deposit & Withdrawal

Minimum Deposit

ATFX's minimum deposit requirement of $100 makes it an accessible option for traders who are just starting out or those who prefer to trade in smaller amounts. The following payment methods are available for deposits:

  • Credit/Debit Cards: Visa and Mastercard are accepted. The processing time for deposits made via credit/debit cards is instant, and there are no fees charged by ATFX.

  • Bank Wire Transfer: Deposits can be made via bank wire transfer. The processing time for this method varies, and it may take 2-5 business days to reflect in the trader's account. ATFX does not charge fees for deposits made through bank wire transfer, but traders should check with their bank for any charges that may apply.

  • Online Payment Methods: ATFX also supports online payment methods such as Skrill, Neteller, and Trustly. Deposits made using these methods are typically processed instantly. ATFX does not charge fees for deposits made through online payment methods, but third-party payment providers may charge a fee for their services.

payment-methods
Payment-methods

Withdrawal

How to withdraw money from my trading account?

  1. Log in to the secure Client Portal section of our homepage, then click “Withdrawal”.

  2. This broker will always return funds to the original source they were deposited. For example, if a deposit is made by credit card, funds will be returned to the same credit card. The return can be done through bank transfer, credit/debit card or e-wallet transfers.

  3. If you are withdrawing profit, this broker may ask you for bank account details to send funds directly to your account.

Please note: Your bank account must be fully verified before submitting a withdrawal request.

The time it takes for funds to return to a trader's bank account will depend on the withdrawal method used.

For bank transfers, once the funds have been removed from the trading account, it will take 3-5 business days before they arrive in the trader's bank account. The actual time required for processing may vary, and traders should refer to their bank for more information.

If using an e-wallet, funds will typically be returned to the trader's e-wallet within 2 business days.

For refunds to credit/debit cards, the process typically takes 2-5 business days after the withdrawal has been successfully processed. However, if there are restrictions preventing funds from being returned to the card, ATFX may request a valid bank statement and return the funds to the trader's registered bank account. In such cases, the trader will be contacted by their relationship manager.

All withdrawal requests received before 2 pm (UK time) on a business day will be processed on the same day. Requests received after this time will be processed on the next available business day.

payment-methods
payment-methods

Customer Support

It seems that ATFX understands the importance of providing reliable and efficient customer support to help traders along the way. Whether you're a seasoned professional or just starting out, the brokerage firm offers a range of customer support options to ensure that you have access to the assistance you need, when you need it.

  • Live Chat: ATFX provides a live chat feature on their website, which allows traders to chat with a customer support representative in real-time. This option is convenient and efficient, as traders can get their questions answered without having to wait for a response via email or phone.

  • Email: Traders can contact ATFX's customer support team by email. The brokerage firm aims to respond to all queries within 24 hours, making this a good option for non-urgent matters.

  • Phone: ATFX also provides a phone number for traders to call if they prefer to speak to a customer support representative directly. The phone lines are open from Monday to Friday, during business hours.

  • FAQ Section: ATFX's website also features a comprehensive FAQ section, which covers a range of topics such as account opening, funding, trading platforms, and more. This section can be a useful resource for traders who prefer to find answers to their questions independently.

  • Social Media: ATFX has an active presence on social media platforms such as Facebook, Twitter, and LinkedIn. Traders can use these channels to connect with the company and stay up to date with news and updates.

Educational Resources

ATFX offers a wide range of educational resources to help traders improve their skills and knowledge.

One of the primary educational resources available through ATFX is their comprehensive online trading academy. This academy provides traders with a variety of resources, including webinars, videos, articles, and e-books, all designed to help traders learn the fundamentals of trading and improve their strategies. The academy covers a range of topics, from basic concepts such as market analysis and risk management to more advanced topics like trading psychology and algorithmic trading.

In addition to the online trading academy, ATFX also offers a range of educational resources specifically tailored to the needs of different traders. For example, beginners can take advantage of the company's beginner's course, which provides an introduction to the basics of trading, while more experienced traders can benefit from advanced courses covering topics such as technical analysis and trading psychology.

ATFX also provides traders with access to a variety of market analysis tools and resources. These include daily market analysis reports, economic calendars, and real-time news feeds, all of which can help traders stay informed about the latest market trends and make more informed trading decisions.

educational-resources
educational-resources
educational-resources

Conclusion

ATFX is a well-known brokerage firm that offers a variety of trading services and features for traders of all levels. The brokerage's competitive trading conditions, such as low spreads, high leverage, and multiple trading instruments, provide traders with opportunities across various markets.

Additionally, ATFX provides several customer support channels, including live chat, email, and phone, to help traders with their queries and concerns. The brokerage also offers educational resources, such as an online trading academy and tailored courses, to help traders develop their knowledge and skills.

While ATFX has received positive feedback from some traders, as with any brokerage firm, there are also negative reviews and complaints online. However, these reviews should be taken with a grain of salt, and traders are encouraged to conduct their research and make informed decisions before investing their funds with any broker.

FAQs

Q: Is ATFX a regulated broker?

A: Yes, ATFX is a regulated broker that is authorized and regulated by multiple financial authorities, including the FCA in the UK, the CySEC in Cyprus.

Q: What is the minimum deposit requirement for ATFX?

A: The minimum deposit requirement for ATFX is $100.

Q: What trading platforms does ATFX offer?

A: ATFX offers the popular MetaTrader 4 (MT4) trading platform for desktop, web, and mobile devices.

Q: What are the trading fees and spreads at ATFX?

A: ATFX offers competitive trading conditions, including tight spreads and low commissions. The exact trading fees will depend on the account type and trading instrument.

Q: What payment methods are accepted by ATFX?

A: ATFX accepts a range of payment methods, including bank wire transfer, credit/debit cards, and e-wallets. The availability of payment methods may vary depending on the trader's location.

Q: Does ATFX offer a demo account?

A: Yes, ATFX offers a demo account for traders to practice their trading strategies and familiarize themselves with the trading platform before trading with real money.

Q: Does ATFX offer customer support?

A: Yes, ATFX provides customer support through multiple channels, including live chat, email, and phone. Traders can also access a comprehensive FAQ section on the ATFX website.

Q: Is ATFX suitable for beginner traders?

A: Yes, ATFX offers a range of educational resources, including an online trading academy and tailored courses, to help beginner traders develop their knowledge and skills. Additionally, the broker offers a demo account for traders to practice their trading strategies before trading with real money.

Are the transaction costs and expenses of fxgiants, atfx lower?

To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).

To get a comprehensive understanding of how cheap or expensive fxgiants and atfx are, we first considered common fees for standard accounts. On fxgiants, the average spread for the EUR/USD currency pair is from 0.2 pips, while on atfx the spread is --.

Which broker between fxgiants, atfx is safer?

To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.

fxgiants is regulated by FCA. atfx is regulated by ASIC,FCA,CYSEC,SCA.

Which broker between fxgiants, atfx provides better trading platform?

When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.

fxgiants provides trading platform including STP/ECN Absolute Zero,STP/ECN Zero Spread,STP/ECN No Commision,Live Zero Fixed Spread,Live Fixed Spread,Live Floating Spread and trading variety including --. atfx provides trading platform including -- and trading variety including --.

Select Country/Region
United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com