Global Trade ATF Complaints
In some sections, like the customized account types, TradeATF even has advantages. 3 different account types, suited for the traders level of experience, enable customized handling. There is also a so-called swap fee, which traders pay when they leave positions open overnight. The amount depends on the traded asset and varies from account type to account type . The strong and reliable quality technical support should be the priority of the brokers. TradeATF once again disappoints the traders by giving no outline of the customer support.
Broker, providing on-line buying and selling in an extensive range of currency pairs, as correctly as precious metals (silver & gold) thru the Real Trader four platform . TradeATF cannot be given more than 0.5 stars over the 5-star ratings for the brokers. There is an exclusive catalog of the shortcomings of the broker. It lacks the basic facilities of a demo account and does not disclose any details about the owners and the senior management of the firm. In addition to this, the plight of the traders is multiplied as there is no facility of social trading. Insertion of the lack of scalping makes the thing worse for a trader.
In addition, there are fees for funding, idleness, and swaps. This website is simple to use for both expert and beginner users. However, some of its professional capabilities take some getting accustomed to absolute beginners. The variety of trading instruments offered by the brokerage firm is one of the main reasons it is a great choice for many traders. Cryptocurrencies, commodities, ETFs, CFDs, major, minor, and exotic currency pairs are all examples of this.
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The broker provides many opportunities to trade indices, currencies, stocks, etc. Personally, I discovered stock trading with TradeATF and now I fully concentrated on it, as it’s very effective. Global TradeATF is a global company that provides a highly secure CFD trading platform. Many fraud forex book review activities and scams are going around the financial market. After visiting the site, get yourself registered by providing details such as name, surname, professional, email id, and phone number for verification. You can withdraw and deposit funds using a variety of payment methods.
However, it provides a certain discount on them depending on the type of trading account the trader opens. This allows beginners to practice trading before jumping directly into real-world trading. Thus, it gives them the time to analyze the market, practice their strategies, learn risk management, and most importantly, learn without fear of market price fluctuation. A demo account provides the best means for trading practices. TradeATF is a brokerage firm operated by Bayline Trading Ltd. It guides its customers through all the modern financial market’s trading challenges, including complicated commissions, endless waiting, and no bureaucracy.
All of the regulations of the CySEC are abiding by the European MiFID Laws as Cyprus is a part of the European Union. Secondly, the owners have not registered the domains using their details. The limited access for any website is a red flag to the visitors about the fraudulent activities going on within this organization. The global domain of the company is secretively maintained and there are no details about the same. When I click on any of the links, this same form pops up.
Fined by CySEC:
Otherwise use this thread (“+ Reply to Thread” button below) to start a LIVE discussion and get responses from our FPA members. The following table shows the account-based leverage of the specific asset. The company Hoch Capital Limited was fined by the Cyprus Securities and Exchange Commission with a gigantic sum of 30,000 Euros. A detailed analysis of the regulation claim found that TradeATF is claimed to be the trading domain of Hoch Capital Limited. All of the links to Assets, Commission, Spreads, Support, Demo Account, education materials lead to a vague application form only. For Phone Support, Traders Will Contact The Global.tradeatf Support Team Between Weekday And Weekday, From Seven To Seventeen Ut1.
The broker must have a modern trading platform supported by advanced analytical tools and the latest foreign exchange technology. A good broker must not only be regulated, but also rate of change trading have a good reputation, excellent trading conditions, and excellent support. Like most brokers in the industry, Global Trade ATF provides the popular MetaTrader 4 platform.
Commission and Spreads
I’ve been scammed by these forex brokers and trust me, it’s worse than you think. They’ll make false claims about earnings and then keep your money. The Facebook account of the company is highlighted with the Argentine National Team’s details.
TradeATF operator Hoch Capital assessed 260K penalty by CySEC
It’s their method of humanizing themself so a trader would fall for them easily and as a result, become their prey. TradeATF mentions that it is not available round the clock for the help of its traders. It provides technical customer support for five days a week only and that too between the restricted timings. There are no dedicated numbers responsible for the regional linguistic technical support to the traders. The live chat option is also available for a limited time frame only.
My TradeATF review does not recommend you to trade with such deceptive brokers. It is a recently established broker firm with no association to professionals in the trading industry. It would be unsafe to invest with a broker that is already facing fines and warnings from different regulatory bodies.
Is TradeATF A Scam?
And professionals will find some of the innovative tools available also with great access to the MT4 platform and its powerful trading options with no restrictions. However, read the full article and learn TradeATF Review conditions better before you decide if this is the broker you want to sign in. For instance, Swissquote is a fantastic website for advanced-level traders but charges relatively more, which is not suitable for beginners. ABinvesting and 101investing are two notable brokerage firms for novice traders. Though Global.TradeATF is relatively new to the field, it has also already gained the trust of + traders all over the world. With this, the firm has been making a mark offering enough products and resources to carry out trading sessions without any limitation and this is being done even during the quarantine period.
To my utter shock, the company Hoch Capital Limited does not mention anything about a trading business with the name of TradeATF on its website. TradeATF claims on its website that it is working under the supervision of the Cyprus Securities and Exchange Commission . The CySEC was founded in 2001, and since then, it has been responsible for the regulation of the financial service providers in Cyprus.
Global.TradeATF also offers many online courses, tutorials, articles and e-books to help traders gain new traders as well as traders with substantial experience. With a registered Trade ATF account, one can get unlimited access to the most prominent educational hub online for free. There are many brokers which have their own set of rules. Such brokers are only bound to provide easy access to trading tools but nothing more than that. The restriction may vary from leverage ratio to the number of trades available at any given time. FXreviewsaccords traders and investors with some of the best hand picked brokers that can harvest their needs for booking profits in the world of financial market.
Certain countries such as Russia, China, Romania, UAE etc. also have budding Forex markets. The broker provides you with multiple platforms to log in and access various tools for trading purposes. It does not matter whether it is PC or MAC or any device, you are free to use the platform of your choice. Most important thing is that you are able to access your account on any device safely and quickly. How does the broker solve the issues faced while logging into your account? How does the support respond when you reach out to them for login issues and errors?
TradeATF really provides low spreads and good trading conditions for traders. I’ve started with a demo account about 3 months ago and quickly understood the principles of trading. That’s great that there is such a variety of trading assets. Throughout a choice of over 700+ assets each account type brings smart fee strategy also with discounts applied for Gold and Platinum account holders for swaps and spread charges.
A professional broker will be swift and quick to resolve the issue. Customer support will fix the issue for you so that you don’t miss any trade. If you don’t have answers to these questions then fund recovery specialists can investigate these features for you. Regardless of the trading conditions provided by Global Trade ATF, we do not recommend that you trade with it as it is unregulated and likely to be a scam.
BLACKWELL GLOBAL BROKER REVIEW
Always ready to solve your problems from Monday to Friday. Effortless account opening process with demo account facility. The broker is offering smooth trading facilities on multiple financial instruments. The best thing about the TradeAFT is that it may not charge any commission on all types of tradable assets.
Has anyone body made payment to an ABSA bank account trading on this platform. When I then tried to withdraw my money it was limited by your Company. I then tried to withdraw my money which was limited by the Company. I have been misled/scammed by the above brokers out of +/- two million Zouth African Rands.
If you want to leave, they put you in a bad trade, to make you loosr everything.. This after I asked to have my money returned and the account closed. Asaf..the accounts manager promised to assist me to withdraw the next day…money is gone. The mobile app is also available and suitable for any mobile device you may use.
Such brokers are only required to provide easy access to trading instruments, but nothing more. The problem with unregulated brokers is that they are untrustworthy and violate the rules. Some brokers may provide a wide variety of trading products, while other brokers may specialize in one area, such as foreign exchange. Traders should trade with well-regulated brokers and reputable brokers. No matter what trading products you find in the Global Trade ATF reviews, please make sure that they have obtained permission to trade the products they offer.
70% of retail investor accounts lose money when trading CFDs with this provider. In terms of available markets, TradeATF offers CFD trading on over 350 assets, including major Currency Pairs, Cryptocurrencies, Indicates, Energies, Metals, and Stocks, with more on the way. Despite the fact that some traders may consider CFDs to be a limited offering, there are various advantages to this trading style. TradeATF does not charge a commission but base its costs on a spread only. This means all you have to pay for provided trading service and capabilities is a spread, or a difference between the sell and buy price charged for every position you make.
These scammers sound like they are chinese, but in fact these are nigerians acting like they from some where like the UK. Also, being a European regulator TradeATF automatically compliant to MiFID and ESMA regulatory obligations and the way brokerage serves and treats its investors or clients. XTB also is running a cashback offer for a limited period as their promotional strategy. XTB bears licenses from top financial bodies, some of which are CySEC, Financial Conduct Authority, IFSC, KNF, CMB and many more.
There is no provision of a demo account with the TradeATF. There is no way to test the committed leverage and the spread bester forex broker of live trading accounts. A demo account is the best advantage to the traders to execute trades with full peace of mind.