Interactive Brokers vs ATFX 2023

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The vast majority of retail investor accounts lose money when trading CFDs / Spread betting with this provider. You should consider whether you understand how CFDs / Spread betting work and whether you can afford to take the high risk of losing your money. The broker does not offer very detailed information on its trading security measures. The broker offers clients protection through the investor compensation fund of up to €20,000.

As an example, spreads for EUR/USD have a minimum of 1.8 pips. Mobile traders use the MetaTrader 4 application for Android or iOS, which has most of the same features as the web and desktop versions. This is NOT a mortgage loan approval or commitment to lend. The actual fees, costs, and monthly payment on your specific loan transaction may vary, and may include city, county, or other additional fees and costs. Mortgage rates are offered exclusively through Guaranteed Rate, Inc. and are subject to change without notice. The payment amount does not include homeowners’ insurance, flood insurance , or property taxes that must be paid in addition to your loan payment.

• STP provides the best trading environment to meet the clients’ satisfaction with the effective liquidity between price providers and receivers.
• Neither broker offers Meta Trader.Copy trading is not offered by either broker.
• They start from 0.6 pips but they vary depending on the asset you are interested in.
• When it comes to forex trading, they offer access to only 42 currency pairs, which is less than the majority of other platforms.
• The straightforward yet sophisticated MT4 platform has a desktop, mobile and web-based application.

Our employees are from the United Kingdom, Germany, Italy, Spain, Cyprus, Russia, Ukraine, UAE, Korea, Malaysia, the Philippines, Thailand, Vietnam, China, Hong Kong, and Taiwan. Most of them have over 10 years in the industry to provide professional, localized services. Clients’ funds are segregated completely with the operational funds of the company and kept in different banks, and audited by the regulatory authorities. The MetaTrader 4 platform, the web trader and both the mobile and tablet apps give you the flexibility to trade wherever in the world you are and at any time.

Shares

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. Interactive Brokers is a highly trusted multi-asset broker with an extensive offering of tradeable global markets. It delivers competitive fees and high-quality research and education, as well as a modern, institutional-grade trading platform suite. Interactive Brokers provides traders 90 currency pairs (e.g., EUR/USD) compared to ATFX’s 44 available pairs. Forex pairs aside, Interactive Brokers offers traders access to 8500 CFDs while ATFX has 150 available CFDs, a difference of 8350.

Cryptocurrency CFDs include Bitcoin, Litecoin, Ethereum, and Ripple. In terms of shares CFDs, there are 50 major German and US shares, including big names. The vast majority of retail client accounts lose money when trading CFDs.

To compare the trading platforms of both FOREX.com and ATFX, we tested each broker’s trading tools, research capabilities, and mobile apps. Finally, we found FOREX.com to provide better mobile trading apps. ATFX offers more than a hundred CFD financial instruments, including shares, cryptocurrencies, indices, https://forexarena.net/ 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.

Here are some of the main differences between the two accounts. The platform can be downloaded on your desktop, as well as on your mobile and it only takes a few minutes. In addition, ATFX offers you the option to launch the platform on your browser. One of the advantages of ATFX is the ability to trade the MT4 via the user’s dashboard. Deposit funds from a credit card, E-Wallet or bank transfer to start trading.

For trading tools, Interactive Brokers offers a better experience. With research, Interactive Brokers offers superior market research. Finally, we found Interactive Brokers to provide better mobile trading apps.

Multiple Funds Guarantees

Those considering signing up for an account with ATFX will want to take advantage of the $100 Welcome Credit for a deposit of at least $200 USD, which is the minimum for a Standard Account. There is also a Rebate Promotion that lets you get as much as $2,500 cash back. This promotion works via rebates per each full completed lot and occurs in five levels so you get a greater rebate if you have a higher deposit and trade more. ATFX is also a sponsor of the Duke of Edinburgh Cup China Event 2018. There is also an economic calendar available from ATFX, with the expected information, such as time, date, currency, description, importance, actual, forecast, and previous.

MT4 offers a wide range of chart analysis tools, including more than 30 indicators and technical analysis tools. Set your own parameters, display options and chart types to create your own tailored trading experience. The company also maintains offices in offshore locations in Mauritius and St Vincent and the Grenadines. These entities are not as well regulated, although you can access atfx broker review higher leverage ratios when trading through them. Only the professional account type does not qualify for negative balance protection, and all the accounts currently supported allow you to deal in sizes as small as 0.01 of a lot. They also provide an economic calendar and free quarterly market outlook containing longer-term analysis that covers all of the markets ATFX offers.

Besides, ATFX also does not provide services to politically-exposed countries such as North Korea, Syria, Iran and a few others. Offers a decent range of trading account types that should suit most traders. The company also supports MetaTrader 4 , which is a popular trading platform among retail traders. HYCM is a trusted brand that offers a straightforward MetaTrader platform experience. Its Raw account delivers competitive pricing, and traders gain access to third-party modules from Trading Central as well as exchange-traded securities . That said, HYCM offers a narrow range of symbols to forex and CFD traders.

In our analysis of 23 international regulators across 50 brokers, FOREX.com earned a higher Trust Score than ATFX. Based on our thorough annual assessment, FOREX.com offers better pricing overall for traders. In our analysis of 23 international regulators across 62 of the best forex brokers, FOREX.com is considered low-risk, with an overall Trust Score of 99 out of 99. The trading platforms offered by ATFX are outstanding and EAs are supported.

The displayed Annual Percentage Rate is a measure of the cost to borrow money expressed as a yearly percentage. For mortgage loans, excluding home equity lines of credit, it includes the interest rate plus other charges or fees . ATFX is an online forex and CFD broker founded in 2014 that has a global presence and supports customers in over 16 different languages. The company has its main offices in London and Limassol, Cyprus, although it also has offshore offices in Kingstown, St. Vincent, the Grenadines and Mauritius.

ATFX

ATFX offers the MT4 mobile app available on the App Store and Google Play. You can download the MT4 app on your phone, and through it, you will be able to access your ATFX account. You can login the first time you’re your name and email address. You will then get some login details that you will be asked to keep in a safe place and that you will need for future access to the platform. In terms of pricing, most traders will have no-commission accounts via the Standard Account type. Those who are willing to pay commissions of $3 p/side p/lot can opt for the ATFX Edge account with spreads from 0.5 pips.

Ravenswood Chicago, IL The company name, Guaranteed Rate, should not suggest to a consumer that Guaranteed Rate provides an interest rate guaranteed prior to an interest lock. Trading FX or CFDs on leverage is high risk and your losses could exceed deposits. The straightforward yet sophisticated MT4 platform has a desktop, mobile and web-based application. The company also lets you trade CFDs using a third party or your automated trading software via MT4. ATFX offers a limited selection of assets for CFD trading, some of which include 15 indices and more than 50 individual stocks. The minimum lot size you can use when trading FX products is 0.01, and the maximum lot size is 20 lots.

Chris brings more than 20 years of experience in the financial markets and worked his way up the ladder. Founded in 2014,ATFX is regulated by CySEC in Cyprus and the FCA in the UK. Originally, ATFX was Positiva Markets and was a liquidity provider for big institutional traders. The website is available in 13 different languages to make it easier for clients from around the world to use the services of ATFX. With over 10 years of experience in financial industry, our teammates have to provide professional, localised services for our clients. Currently our services are provided in 13 languages include English, Cantonese, Mandarin, Spanish, Italian, German, Arabic, Vietnamese, Thai, Uyghur, etc.

To compare the trading platforms of both HYCM and ATFX, we tested each broker’s trading tools, research capabilities, and mobile apps. Finally, we found HYCM to provide better mobile trading apps. To compare the trading platforms of both HFM and ATFX, we tested each broker’s trading tools, research capabilities, and mobile apps. Finally, we found HFM to provide better mobile trading apps.

Review

He specializes in price analysis of global assets based on their fundamentals and charts. He is also a successful day trader and graduated in 2015 with a degree in electronic engineering. In other ATFX news, the company recently appointed a new Head of Liquidity Management. The move to onboard the industry veteran Chris James comes at a time when the markets are experiencing very high volatility.

Having weathered the trials and tribulations of the Forex brokerage industry, ATFX attributes today’s success to its proactive and innovative approach. ATFX’s winning formula is to keep track of clients’ needs and, more importantly, respond swiftly by empathizing with and quickly resolving their problems. Embarking on a new journey, ATFX remains committed to its “customer-centric” service philosophy and will continue striving to enhance its brand and tap into new markets. As said in the beginning of this ATFX review, the brokerage is fully MiFID-compliant.

In our analysis of 23 international regulators across 50 brokers, HYCM earned a higher Trust Score than ATFX. Based on our thorough annual assessment, HYCM offers better pricing overall for traders. In our analysis of 23 international regulators across 62 of the best forex brokers, HYCM is considered average-risk, with an overall Trust Score of 86 out of 99.

The company’s website has a decent FAQ section to look up commonly-required information. Only the Professional account type does not qualify for negative balance protection, and all of the accounts currently supported allow you to deal in sizes as small as 0.01 of a lot. ATFX wants our partners to succeed as IB’s, we will provide partners with invaluable training on how to maximize their potentials. Our experts can offer guides to partners based on their business goals, plans and competitive advantages.

The minimum amount you will have to deposit to be allowed to access the trading space is $200 for the Standard account. If you see that you are making profits, you can always deposit more. For those who choose the Edge account, the is a minimum deposit requirement of $5,000. If you do not come from any of these countries, we recommend contacting customer support to find out whether ATFX provides services in your country before signing up on it.