Colors are sometimes used to indicate price movement, with green or white for rising prices and red or black for declining prices. In addition to speculative trading, forex trading is also used for hedging purposes. Individuals and businesses use forex trading to protect themselves from unfavorable currency movements. For example, a company doing business in another country might use forex trading to insure against potential losses caused by fluctuations in the exchange rate. The Firm has taken the decision to cease providing services to retail clients, with immediate effect.

Leverage

Always confirm whether you are using a demo account or a live trading account every time you want to trade forex. You can then refer to the same strategies you perfected in demo trading to identify opportunities for your first trade. Once you place your first few trades, stay calm and adjust your positions according to how the market environment behaves. You’ll execute your trades through the MT4 trading platform, which is regarded as one of the best trading platforms on the market. Forex brokers provide their clients with a wide selection of automated order-processing solutions.

What Markets Can I Trade On?

The minimum lot size you can use when trading FX products is 0.01, and the maximum lot size is 20 lots. If you have any questions or issues, you can contact the ATFX customer support team. The broker’s support is available 24/5 via email, live chat, or phone. Specifically, ATFX Global Markets (Cy) is located at 159 Leontiou A’ Street, Maryvonne Building, Office 204, 3022, Limassol – Cyprus.

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Also, the company offers expert market analysis and trade ideas. They make an online trading course available to all live account holders and provide an economic calendar on its website. The company provides a market analysis section on its website that offers educational seminars and investment research via reports that cover forex, precious metals, commodities and indices.

When i traded EBAY stock, the broker intentionally raised my trading fee from 6$ to 260$ causing me to lose. Market analysis and account management features can also be used through the web interface. I have worked with other brokers and definitely, none have given me the experience that ATFX has, switching to ATFX has been the best decision I have ever made. The Market Analysts of ATFX take you through potential movements in the trading markets over the coming quarter, providing you with the necessary insights to develop an effective trading strategy. Furthermore, if you’ve missed an item (or two), check the history of the forex news calendar to see all previous events and how they may have affected your trading products. With the Economic Calendar, the items are automatically updated to provide you with the latest information that could affect the products that you trade.

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The broker forms part of the AT Group network of global branches to provide its services to both retail and institutional traders. Opening a premium account with ATFX means unlocking a number of exclusive benefits including, premium tutorials and videos, as well as full access to Trading Central. The premium education feature compliments the free VPS and raw spreads that this account type offers. The most notable features of ATFX worth are that they offer decent liquidity, competitive spreads, and offer award-winning customer service.

However, if the withdrawal amount is less than USD 100, a fee of USD 5 will be charged by the broker. Moreover, the minimum deposit on ATFX is much higher than the one on Alpari. In the latter case, investors can open a Standard account with only $20, compared to atfx trading platform the $500 required for ATFX. For high net worth investors seeking to make investments over $10,000, we invite you to reach out to us at [email protected]. Non-UK traders will need to be aware that they may be charged a small fee for debit and credit card deposits.

Past market reports are also available on the same page, including those from the last few months. Keep in mind that you can only request one withdrawal each day. Additionally, ATFX Global Markets (CY) Ltd. operates from Limassol, Cyprus. As such, this section of ATFX is under regulation from CySEC, the Cyprus Securities and Exchanges Commission. Switzerland and the Middle East also have access to ATFX via CySEC regulation.

Initially, this Forex brokerage was established as a liquidity provider for a wide range of institutional clients. After it achieved its objectives with institutional investors, ATFX decided to branch out into the retail market. By breaking down all the barriers to entry in Forex trading, this online broker effectively brings the market to you. Clients can enjoy a user-friendly trading platform with MetaTrader 4, and expert customer service 24/5.

Very bad broker, you have to suffer to withdraw your money and it’s a must that you loose money with them before that. According to the About Us page of the operator, ATFX was launched back in 2014, by ATFX Global Markets (CY) Ltd., which used to be known as Positiva Markets (CY) Ltd. According to the said page, the decision to launch this retail-oriented trading destination was made after the company had already achieved success at an institutional level. Traders need to evaluate their objective, level of risk exposure and willingness to be exposed to risks, according to research done. ATFX is also regulated in the Middle East and North America, and falls under the regulation of CySEC in Cyprus, making it an EU-compliant broker. As the broker is headquartered in the UK, it falls under the regulation of the Financial Conduct Authority (FCA), one of the most reputable regulatory bodies in the industry.

They are also available for download in the Analysis section of ATFX. They include a number of older reports so you can view historic information. As with the market reports, the Fundamental Commentary is from a third-party and ATFX does not take responsibility for accuracy. Trading Central also includes advanced features such as adaptive candlesticks that recognize candlestick patterns in real-time continuation and reversal. It also has Adaptive Divergence Convergence based off the MACD indicator. This tool allows for the visualization of buy and sell signals right off the charts.

ATFX is a co-brand shared by several entities, including AT Global Markets (UK) Ltd, ATFX Global Markets (CY) Ltd, AT Global Markets Intl Ltd, AT Global Markets LLC, etc. Each entity is authorized and regulated by respective financial authorities, ensuring a secure and productive trading environment. ATFX is committed https://forexarena.net/ to maintaining the highest financial compliance standards and professional conduct. Very good customer support, Chrstiaan was very polite and helpful in setting up my account. In terms of actually trading, I’m a bit unsure on how the lot sizes work, it’s like 0.01 on every other broker is 0.10 on here.

• The most basic trades are long and short trades, with the price changes measured in pips, points, and ticks.
• More useful information about the broker can be found under trader forums.
• Asktraders is a free website that is supported by our advertising partners.
• Currency trading used to be complicated for individual investors until it made its way onto the internet.
• The European Securities and Markets Authority restricted certain products for retail clients starting Aug. 1, 2018.

That said, there are plenty of learning and support features included on the website that provide beginners with a clear insight into the world of trading and spread betting. At the time of writing, ATFX did not offer any specific bonuses or promotional deals to retail traders. ATFX is pleased to announce the launch of the ATFX Client Funds Insurance. Ltd. and AT Global Markets LLC are eligible for insurance coverage. ATFX has partnered with Lloyd’s of London, the oldest and largest insurance market globally, to underwrite the ATFX Client Funds Insurance.

To add to the protections in the unlikely event of insolvency, AT Global Markets (UK) Limited clients have FSCS coverage. The Financial Services Compensation Scheme is available to clients in organizations regulated by the FCA. The scheme comes into play in the rare case that ATFX cannot satisfy its repayment claims.

The company has since expanded its operations to various regions, including Europe, the Middle East, Asia, and Latin America. When it comes to data security, ATFX makes sure your data is secure with SSL encryption. They are obligated to protect customer data following GDPR and EDPA guidelines, so they cannot disclose client information to third parties and need to guard against data breaches adequately. The company has several active social media accounts for both its global and U.K. Its Facebook page presently has over 47,000 followers, and its U.K.

However, we remind our readers that you should never keep all eggs in one basket. Speaking of legitimacy, unfortunately Tokenexus does not seem to have any evidence of being regulated by any authoritative figure in the financial industry such as CySEC or ASIC. This can be a big turn-off for more experienced traders who have heard of other fraudulent companies that do not practice industry standards. In other terms of security, Tokenexus keeps its clients’ funds in segregated accounts in order to prevent the online broker to use it for the company’s other obligations such as paying off debts, etc.

Selling BTC on Tokenexus

This is an American open-source blockchain that had recently become popular thanks to the X16R algorithm that uses PoW-mining. Developers decided to protect this coin from such devices from the beginning. Nowadays, mining is going to the past because new consensus technologies have been created. However, there are a lot of new cryptocurrencies based on the old mechanism. Another important part of an online exchange is the customer support it provides.

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In principle, it is also straightforward to work with this crypto exchange, and any user can quickly figure out how to manage all trading operations. I hope they will have more crypto coins and then as it seems to me the number of users will grow even more in the future. Before I started working with Tokenexus crypto exchange, I analyzed for a very long time what security protocols this company uses against scammers. I also studied whether there have been cases of scam on this crypto exchange. I was pleasantly surprised when I learned that this crypto exchange is one of the safest for crypto trading.

We are your reliable guide in the world of cryptocurrencies

In Eastern Europe or South Asia, you’ll live rather richly with so much crypto. You could buy a good car at https://forexarena.net/ a price of just 1/10 of Bitcoin. Even 0.01 BTC is an amount you want squander in some of these countries.

As of writing this review, Tokenexus does offer any bonuses and promotions. However, as the broker is relatively new to the industry, it is most likely that Tokenexus may have some in the near future. Keep in mind that clients residing in certain countries such as the United States, Japan, Belgium, and Belize may not be able to gain full access to its services due to legal restrictions. However, looking at the broker with a fair light, we will briefly delve into how Tokenexus operates and what it offers.

• As of writing this review, Tokenexus does offer any bonuses and promotions.
• It may be because people usually leave reviews when something bad happens.
• In short, Bitcoin is still growing, and it’s likely going to continue growing.
• On this exchange, I sell mostly Bitcoin, since its course is very profitable in relation to the average market rates.

It slightly defeats the point unless you plan some hard-line investing. Tokenexus Crypto Exchange is a rapidly developing crypto exchange. It means you get to buy or sell crypto here (including Bitcoin, among many others). So, if you need to obtain a few of these, you should come to Tokenexus official site in possession of a fiat currency the exchange supports.

These two do their job well, and they are bound to continue increasing in value, despite temporary setbacks (like the one that occurred earlier in 2021 because of Tesla and its CEO). Apart from being very permitting in many aspects (including being able to pay with many various currencies or buy many various cryptocurrencies), it’s also certified, as well as transparent. In general, cryptocurrencies have become a valuable and legitimate way of paying. New exchanges appear daily, and yet Tokenexus Cryptocurrency Exchange is considered superior to many. It’s due to a combination of smooth, secure user experience, paired with neat selection of goods. We recommend you to choose cryptocurrencies that are not so old but at the same time not brand new.

Nowadays, you can easily buy a mansion, while its size would vary from a moderate estate to a castle from one country to another. So, it’s really more appropriate to compare something around 0.1 BTC. The actual value of Bitcoin varies from economy to economy. tokenexus Mining is one thing, but buying it in a less developed economy is a burden. You’ll have to save some money should you need to convert it into at least 1 BTC in some of these countries. You wouldn’t just bring virtual money in your pocket, right?

The exchange is, in fact, a great place to learn about promising cryptocurrencies, such as EOS, DASH, LTC, et cetera. Tokenexus doesn’t sell them, although learning isn’t forbidden. Although you don’t need to specifically buy 1 BTC, users are curious as to what one of these cryptocurrencies will buy you. Even a few years back, 1 coin would be considered valuable, but ultimately unremarkable. This is not a new cryptocurrency, but it is useful for people who want to mine reliable token with a long history. This coin was created in 2011 and has advantages such as a fast transaction confirmation (maximum 10 minutes) and a more effective solution for storage.

These currencies make up an overwhelming portion of the modern crypto market. Put simply, Bitcoin & Ethereum are the only cryptocurrencies any user needs. True, multiple other options provide additional services, features, etc. – everything to lure new users.

Unfortunately, Tokenexus seems to lack any evidence of having proper regulations from authoritative entities. This would mean that any potential client could be a target for Tokenexus scammers due to a lack of jurisdiction. This is especially true in the case of Tokenexus, being an unfamiliar crypto exchange to many. Customers can easily claim that they were scammed after simply losing their trading capital to unwise trading decisions. These baseless claims may be coming from frustrations or even ignorance of certain technicalities in crypto trading or pertinent rules and policies set by the platform.

There are many dishonest brokers fond of swindling users who try to earn an honest living trading crypto. Tokenexus Exchange, by comparison, is a completely transparent option. It’s certified many times over and always monitored by independent fraud agencies. After all these years, Tokenexus Exchange upholds an impeccable reputation – Tokenexus cheating is unheard of.

It’s technically apt to not lose your money unintentionally and reliable to not take it on purpose. As mentioned, Bitcoin is bought using real money, to buy cryptocurrencies users must deposit said money using wire transfer or card transfer. Either way, a payment method must be connected to the user account. Cards include Mastercard & Visa, but besides that there are no limitations.