TradeATF Review 2020
TradeATF is a global broker that have over 250+ CFDs for trading online via the intuitive MetaTrader 4 (MT4) platforms that can be used across multiple devices including desktop computers, web browsers and smart phones. The broker is regulated by CySEC and provides various account types along with flexible funding options and a good selection of educational resources to support traders.
TradeATF Review 2020, Pros & Cons
- Regulated brokerage
- 250+ CFD trading instruments
- User-friendly MetaTrader 4 platform
- Various trading account types
- Flexible deposit & withdrawal methods
- Islamic accounts
- Vast range of educational materials
- Commission free trading
- No social trading platform intergrated
- Best trading conditions require top account
- Do not accept clients from EU, UK, USA & some other countries
- Limited additional trading tools
In this detailed TradeATF review, our online broker research team have covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
TradeATF is not ranked in our best forex brokers, best stock brokers, best cfd brokers, best crypto brokers or best online brokers categories. You can use our free broker comparison tool to compare online brokers including TradeATF.
TradeATF Review: Summary
Founded in 2019, TradeATF is an online brokerage offering an advanced CFD platform for trading global assets including forex, stocks/shares, cryptocurrencies, indices, commodities, energies and precious metals.
In addition to providing competitive trading conditions and a dedicated client support team, the broker supports clients in reaching their investment goals with well-informed and timely updates on the latest market changes, tendencies, and news.
TradeATF have spreads starting from 0.3 pips and flexible leverage of up to 1:500 for those who qualify as professional traders. The brokers execution speeds are rapid, currently standing around the 0.04 second mark. They charge zero commission with no hidden fees.
The broker implements cutting-edge technologies so that traders have access to the latest trading software enhanced with in-built analytical tools and customized, user-friendly interfaces.
TradeATF Review: Regulation
TradeATF is operated by Hoch Capital Ltd and regulated by the Cyprus Securities and Exchange Commission (CySEC). CySEC is the financial regulatory agency of Cyprus. As an EU member state, CySEC’s financial regulations and operations comply with the European MiFID financial harmonization law.
With TradeATF, you can trade CFDs on some of the top-trend assets whilst having the peace of mind that the broker is regulated and should be committed to each of their customers all over the EU by abiding by the strict regulations and legislation on the safety and privacy of data, monetary investments, transparency, and transactions.
TradeATF Review: Countries
Whilst TradeATF welcome traders from all over the globe, there are some countries that they are unable to accept clients from due to legal restrictions. This includes the EU, UK, USA and Italy.
Some TradeATF broker features and products mentioned within this TradeATF review may not be available to traders from specific countries due to legal restrictions.
TradeATF Review: Trading Platforms
TradeATF offer clients the ever popular MetaTrader 4 platform which is used by millions of online traders all over the globe. MetaTrader 4 (MT4) was developed by software company MetaQuotes and is well known for being a user-friendly trading platform that is packed with features and functionality which enables the platform to deliver an efficient trading environment for all trading styles.
The MT4 platform is compatible with web, desktop, tablets, and smartphone devices running on iOS and Android. The MT4 web version can run directly in your web browser without needing to download or install any additional software. The MT4 mobile trading app is useful for those of you who would like to access your account and trade whilst in the go, provided you have an internet connection. However, the MT4 desktop platform supports the most functionality including automated trading and developing customised trading tools.
Some of the key features of the MT4 trading platform include:
- Intuitive, fully customisable and user-friendly interface
- Vast range of built-in trading tools
- Technical indicators and drawing objects for conducting in-depth market analysis
- Support for multiple order types
- Multiple chart types and time frames
- Load and save trading strategy templates
- Run fully automated strategies with expert advisors (EAs)
- Strategy tester to back test EAs over historical market data
- Create customised indicators, scripts and EA’s in MetaEditor
- Set alert notifications via email, SMS and platform pop-ups
- Download trading tools from the MQL market place
- Share ideas with other traders within the MQL community
- Available for desktop, web and mobile devices
TradeATF Review: Trading Tools
The majority of trading tools that most traders will need are already built within the provided MetaTrader platform. If there is a specific tool you require that is not already included, the platform supports external tools coded in the MQL programming language. There are thousands of additional tools readily available online and from within the MQL market place which can be accessed directly from the platform.
TradeATF have an economic calendar which displays the dates and times of upcoming news releases. This can be very useful when used as part of a fundamental analysis strategy as it shows the previous, forecasted and expected results of each news release along with the strength of impact they are expected to have.
Virtual Private Server
TradeATF offer platinum account holders who meet specific trading requirements a free virtual private server (VPS). A VPS is very useful as they can run your trading platform 24/7 remotely and thus, you do not need to have your own computer running.
You can access a VPS at any time to place and manage your trades. They are often utilised by traders who need to run automated trading systems around the clock and for those who need reliable execution speeds with low latency for minimal delays.
TradeATF Review: Education
TradeATF supports informed trading and provide their clients with an education centre that can help take your trading to the next level. Whether you are a beginner or seasoned investor, there is likely to be some educational materials which can improve your trading knowledge and skills.
The broker has a choice of trading courses, tutorials, videos on demand, eBooks and articles. They cover a wide variety of relevant online trading topics to suit different trading styles.
TradeATF Review: Trading Instruments
TradeATF clients can trade contract for differences (CFDs) on 250+ assets, including forex currency pairs, cryptocurrencies, commodities, indices, precious metals, energies, stocks and shares.
- 30+ CFDs on crypto assets
- Oil, sugar, cocoa and other commodity CFDs
- 45+ CFD currency pairs from minor, major and exotic FX currencies
- Major global stocks including Nike, Microsoft, Amazon, Google and more
- The FTSE100, NASDAQ, Nikkei 225 and many other indices
- Gold, Platinum, Silver and other metals
A contract for difference (CFD) is a financial derivative. CFDs enable you to speculate on rising or falling prices without taking ownership of the underlying asset, and can be used to trade a range of markets including shares, forex, indices and commodities.
With the wide variety of trading asset CFDs and with professional guidance, you can build a personalized and diversified portfolio catered towards your own investing goals.
TradeATF Review: Trading Accounts & Fees
TradeATF offers a variety of uniquely designed account types that have spreads and leverage adjusted according to your trading skills, the size of your investment and your overall trading experience. You can choose the account which is the best fit for your individual trading requirements from the brokers Silver, Gold, or Platinum accounts. There are no commission charges for trading on all of the accounts offered and there is a $250 minimum deposit requirement.
This type of account is geared towards beginner traders. It has variable spreads from 0.03 and other benefits designed to provide the most convenient trading environment to start your trading experience with.
This type of account caters towards intermediate traders who have been trading the markets for some time and know the ins and outs of online trading. The spreads start from 0.05 and the leverage for different assets are tailored for the people who are on their way to becoming more experienced traders.
This type of account is the best the broker has to offer and is targeted towards advanced traders. The spreads start from just 0.03 with leverage and instant execution that are designed to power you up with the trading conditions your extensive trading experience is craving for. It also comes with the added bonus of a free vps for traders who meet a minimum monthly trading volume requirement.
Those who qualify as professional clients can apply for the professional account which gives tighter spreads, lower margin requirements and increased leverage on certain instruments as opposed to the limitations imposed by ESMA on retail clients.
To qualify as a professional client requires meeting 2 out of the 3 following guidelines, 1) Have a portfolio of greater than $500k (not including property or cash) 2) Have a verified history of placing significant sized positions (down to broker discretion) 3) Have worked in the capacity of a professional position related to derivatives / speculation / trading. Match any two of these requirements to qualify as a professional client.
It is important to note that negative balance protection, Investor Compensation Fund and recourse to the Financial Ombudsman Service is removed should you qualify for a professional account as you are then classified as professional trader under ESMA regulation.
TradeATF are a Muslim friendly broker with Islamic accounts that comply with Sharia law which are available upon request. With a TradeATF Islamic account, you can enjoy investing online without being debited or credited on interest fees.
TradeATF can also provide demo trading accounts if you wish to test out their brokerage services and practice your trading strategies with virtual funds. Most experts and professionals would recommend that beginners start on a demo account until the gain the experience and confidence to trade in a real live environment.
As broker fees can vary and change, there may be additional fees that are not listed in this TradeATF review. It is imperative to ensure that you check and understand all of the latest information before you open a TradeATF broker account for online trading.
TradeATF Review: Customer Service
TradeATF have a team of experts in investment and trading who are on hand from Monday through to Friday from 7am to 17pm GMT. They are happy to answer all of your questions whilst being prompt and polite in their responses. You can reach the TradeATF customer support team via telephone, email and live chat. There is also a contact form on the brokers website to send a message directly to them.
TradeATF Review: Deposit & Withdrawal
TradeATF have a selection of quick and convenient account funding methods including bank transfers, credit/debit card and online payment processors such as Neteller and Skrill. The broker utilises encrypted transactions with strict firewalls and SSL technology that provide an extra layer of protection and security to client funds.
TradeATF Review: Account Opening
It is a quick and easy to open a TradeATF account, all of which can be done online by following a 3-step process. You will need to provide some personal information and complete a questionnaire so that the broker can determine your suitability for the financial products that they offer.
As part of the brokers KYC procedures you will need to provide proof of identification such as a passport or drivers license and proof of address such as a bank statement or utility bill.
Once your account application has been reviewed and accepted by a member of the accounts team, you will receive a notification. You can then login to your account, download the trading platform, deposit funds and start trading online.
TradeATF Review: Conclusion
Overall, TradeATF provide a solid online brokerage service that can meet the demands of traders with all different trading styles and levels of experience. There is a generous selection of CFD instruments for trading on the user friendly yet powerful MetaTrader platforms across multiple devices.
The broker has a variety of account types including Islamic and demo accounts. There are flexible funding options and plenty of educational materials to support informed trading.
TradeATF could benefit from adding social trading platform integration and supplying some additional trading tools such as sentiment analysis and trading calculators. That being said, the customer service is excellent and they are a regulated brokerage with competitive trading conditions.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.59% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.