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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.

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 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.

HYCM (Henyep) vs ATFX Comparison

Furthermore, spreads for ATFX spread-betting accounts are generally competitive and start at 0.6 pips. At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 23 international regulator databases. Interactive Brokers holds 8 global Tier-1 licenses, while ATFX holds 1. Both Interactive Brokers and ATFX hold 1 global Tier-2 licenses. In our analysis of 23 international regulators across 50 brokers, Interactive Brokers earned a higher Trust Score than ATFX.

The leverage levels are reasonable as well, and customer support is excellent. ATFX training provide many educational resources, including daily webinars, one-to-one coaching, a dedicated forex education centre, and advanced education for Premium account holders. The ATFX educational programme ensures that clients have access to the knowledge they need to be successful with online trading.

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 atfx broker review / 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.

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.

#1 CFD

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.

It offers a wide range of markets and provides an impressive suite of proprietary platforms – alongside limited access to MetaTrader. Before creating a real account and depositing https://forexarena.net/ real funds, you will have the option to try a demo account. You can actually switch to demo at any time, even after you have deposited funds into your real account.

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.

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.

What is ATFX?

ATFX Spreads vary depending on the account type with spreads on the Edge account are low and competitive compared to any broker in the industry. They start from 0.6 pips but they vary depending on the asset you are interested in. The spread on EUR/USD starts from 0.6 pips and for the forex majors, the minimum spread does not go over 0.8 pips. As for the forex minors, the minimum spread starts from 0.9 on pairs such as CAD/JPY and AUD/NZD and goes up to 2.8 for the GBP/NZD pair. For the exotics, the minimum spread starts from 10 pips for the EUR/HUF pair and goes up to 128 for USD/RUB.

• The Web Trader is a much simpler platform, which is obviously less powerful than the downloadable MT4 in the way of charting options and trading tools.
• In terms of shares CFDs, there are 50 major German and US shares, including big names.
• Based on our thorough annual assessment, FOREX.com offers better pricing overall for traders.
• Assess based on trading experience, availability of support, profit potential and more.
• Based on our thorough annual assessment, HFM offers better pricing overall for traders.
• Its Raw account delivers competitive pricing, and traders gain access to third-party modules from Trading Central as well as exchange-traded securities .

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.

STP mode enables brokers to cooperate with all the liquidity providers to set up the most competitive bid and ask price to the clients. These mortgage rates are based upon a variety of assumptions and conditions, which include a consumer credit score that may be higher or lower than your individual credit score. Your loan’s interest rate will depend upon the specific characteristics of your loan transaction and your credit history up to the time of closing. Traders are protected against broker defaults in amounts up to £85,000 per person under the Financial Services Compensation Scheme , while accounts of E.U. Traders are only protected up to €20,000 by Cyprus’ Investor Compensation Fund . The company has several active social media accounts for both its global and U.K.

Archax Launches Capital Raise Platform, Primary Markets

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.

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.

As such we may earn a commision when you make a purchase after following a link from our website. ATFX is a member of the Financial Ombudsman Service , pledges data protection, while all client funds are in segregated accounts, and come under multiple investor compensation schemes. Non-UK traders will need to be aware that they may be charged a small fee for debit and credit card deposits. The company has received awards for its customer service that is focused on its 24/5 Live Chat service, although local phone numbers and email support are also available.

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.