TradeATF Review
What is TradeATF?
TradeATF, a relative new player in Forex trading, was established under the Cyprus laws. It focuses on cutting-edge technology while attempting to offer world traders good conditions and knowledge.
TradeATF was eventually a brand name that Hoch Ltd used to serve a few other trading names, including iTrader. Its claims about a professional approach to Forex and Trading are supported by its extensive experience.
Trade ATF is a relatively young broker but it serves more than 10 000 traders from all corners of the globe. This could be due to the harmonized trading conditions broker offers. Beginners will have simplified account opening procedures and may benefit from Forex education Trade ATF provides.
Professionals will also find many of the new tools, including great access to the MT4 platform. It offers powerful trading options and no restrictions. Before you sign up, make sure to read the entire article and review TradeATF Review conditions.
Broker: TradeATF
Minimum deposit: 100 US$
Leverage: 1:30 | 1:500
Regulator: CySEC. FSC
Year: 2013
Platforms: MT4
HQ: Cyprus
TradeATF Licences
Hoch Capital Ltd. - Authorized by CySEC, Cyprus. registration number. 198/13 - Recently suspended
Bayline Global World Ltd. is authorized by FSC, Belize. registration number. 000188/91
Better & More Secure Broker - HFM
Overview
TradeATF is an easy-to-use broker that offers trading conditions, education, and fees strategy.
Negative aspects include complaints from traders about the instrument range being limited to Forex and CFDs. Also, please see the update below.
Pros
350+ financial Instruments
No commission
Minimum spreads from 0.03
24/5 Full Customer support
High Data Safety
Free educational and research tools
Cons
MetaTrader5 Not Available
Rating of the company overall
Reliability ⭐⭐⭐⭐⭐
Platform ⭐⭐⭐⭐⭐
Commissions ⭐⭐⭐⭐
Support ⭐⭐⭐⭐⭐
Financial instruments ⭐⭐⭐⭐
RATING: 4.5
TradeATF is it safe?
TradeATF isn't a scam. It holds a CySEC license. In the event of a rule violation, TradeATF will be fined and publicly alerted. The most important thing you need to do at this stage is verify the broker's legitimacy, address and license.
TradeATF is it legal?
TradeATF has two entities. One is located in Belize offshore and the other is under European regulation in Cyprus.
TradeATF is a European regulator and therefore automatically conforms to MiFID/ESMA regulations. This includes the way that brokerage services and treats clients and investors.
While we don't recommend trading with offshore broker on its own, it is worth doing your research. However, TradeATF entity is regulated in Europe by European regulators. We consider opening an account that complies with international rules and protects your money.
Leverage
Because leverage magnifies your trading capital a certain amount of times, it is a powerful tool that can help you earn more income from smaller trades. Leverage comes with higher risks, so it is important to learn how to properly use it.
Risk Level
Recognizing the risks associated with this practice, regulators in different jurisdictions have recently reduced the allowed levels or those that retail traders can use. TradeATF is a service that serves two entities, one in Europe and one in Cyprus. Both entities are available to international traders and are based in Belize.
Maximum 1:30 for major currencies pairs and 1:10 for commodities is the maximum leverage for Cyprus entities
Internationalproposal contains leverage of upto 1:400
Professional traders may have high leverage up to 1:400 or 1:500 once the status is confirmed
Types of accounts
TradeATF account types offer three account types: Silver, Gold, andPlatinum. These account types are for traders just starting out in trading or who wish to continue their journey with more lucrative conditions. Each account type offers smart fee strategy and discounts for Gold and Platinum account holders. Spread charges and swaps are also available.
TradeATF also supports traders following Sharia belief, so Islamic Accountavailable to all account types with tailored conditions.
How do I open an account?
Trade Instruments
TradeATF provides trading on CFD basis. It offers access to over 350 assets, including currency pairs, cryptocurrencies and Indicates. The range of available markets continues to grow. Although some traders might find CFDs limiting, there are many benefits to this type of trading.
It is not a simple way to trade, but it does offer a simplified trading experience. You don't have to worry about contract rollovers, or connecting to an exchange. Simply by selecting trading instruments from TradeATF platform, you can open chart and begin trading.
Fees
TradeATF costs vary depending on which account type you choose and what trading size you trade. The minimum spreads for Silver accounts start at 0.07 while the spreads for Gold accounts start at 0.05. There is a rollover discount of 25% and a platinum feature spread of 0.03 with a swap discount. Additional costs include funding fees, inactivity fee, and swaps.
Spreads
TradeATF does not charge a commission, but charges a spread. Spreads are the difference between the buy and sell prices charged for each trade. This means that you don't have to pay any commission for trading services and capabilities. Spread can also be determined by account type. Silver accounts have spreads starting at 0.07 pip, while Gold holders get a discounted of 0.05, and Platinum has a spread of 0.03.
Additional charge SWAP and Rollover fee are also charged if you use swing strategies or hold positions for more than one day. Swap discount for Platinum and Gold traders is 25% and 50%, respectively. This is a great deal. Below is a comparison table showing a typical tradeATF Spread. Compare brokers with other CFD Brokersconsistent fees, commissions or inactivity fees. You may also want to check out FP Markets.
Deposits and withdrawals
TradeATF is a registered broker. This means that clients' funds are protected and kept separate at all times. Safe transactions are possible through the broker, which allows you to transfer funds unprecedented to your trading account.
Optional fees and deposit fees
TradeATF allows you to deposit funds using the most popular payment methods through the use of well-known providers. Although it may seem like there is a narrower choice for EU entities, these are the safest and most convenient. Last but not least, it is worth noting that accounts opened under the International TradeATF entity will be offered a wider variety of money providers than normal. It is always a good idea to consult customer service regarding money transfer policies.
Bank Wire Transfer
Debit Card , Credit Card
Skrill
Minimum deposit requirement
TradeATF minimum deposit of EUR100 allows you to open a silver account. Higher grade accounts will require larger amounts of money. It is great that deposits are free of charge. However, you should always clarify this with your bank or payment provider as international laws can vary.
TradeATF Minimum Deposit vs Other Brokers
Withdrawal
TradeATF Money withdrawals are organized in a customer-friendly manner, since all transactions can be requested and managed online.
Trade Platforms
MetaTrader4 is the industry-leading, highly-respected trading platform. TradeATF chose this platform and we are not surprised. MT4 is flexible and so packed with great features that you won't even want to look for another.
Web Trading Platform
MetaTrader is offered by TradeATF as a Web Version. However, you can also download a Desktop version if desired. All features can be synchronized across all platforms because MT4 is cross-platform. Web trading is very easy because you don't require any high-spec computers or advanced capabilities. All you need is an internet connection and a browser.
Look and Feel
MT4 is well-known for its excellent charting, user-friendly design, and intuitive navigation. Even if you are not familiar with the platform, you will be able to get used to it quickly with the education materials TradeATF offers.
Opening Position
A platform will allow you to keep track of your positions and offer many order types, including limit loss, stop loss, and limit loss. MT4 is also known for its automated trading capabilities. This includes the use of Robots, Social Trading and HTML3_ Options HTML3_. TradeATF also includes this package, so traders from different styles can seamlessly join its trading interests.
Mobile Trading Platform
You can also use the mobile app on any mobile device. You can also choose from defined chart types and check your fee report. One click trading is possible, as well. All this, plus other features, are available all on the move.
Customer Support
You should also consider the customer support of the broker you are considering. This is important as it will help you get answers and support throughout your trading experience. TradeATF customer service is quite reliable. You can contact them via email, live chat, or by phone. You should contact them during working hours as they are available 24/5.
Education and Research
TradeATF's supportive model is a major advantage. It can be used by any trader. The broker offers a variety of Forex education materials and organized education. Additionally, the broker can also offer courses that are tailored to your level and interest. You can find organized tools for both beginning traders and those who are interested in social trading.
Another great benefit is Trade ATF's Research Tools. This tool range covers almost all aspects of trading and includes more than 90+ tools to help with indicators, signals, and trade identification.
Conclusion
The UK' FCA has issued a warning dated 28 May 2020 regarding Hoch Capital and its trading names Trade ATF, iTrader. It was discovered that the broker had been acting in a way clearly detrimental to investors' interests.
Hoch Capital is a CySEC-regulated broker. However, FCA regards Hoch Capital's trading methods and aggressive promotion in the UKcontroversial as violating its MiFID obligations. Numerous complaints were filed about the brokers' misleading marketing and promotion strategies. They also failed to properly assess the compatibility between its products and their customers.
Hoch Capital and its trading name impose this requirement to notify all active accounts. They also must not provide financial investment services to UK residents.
"Hoch Capital Ltd isn't permitted to provide regulated services financial services to residents in the United Kingdom." - FCA mentions. Read more at the official warning link.
Important TradeATF Update
TradeATF Cyprus licenses are currently under review for voluntary renunciation. TradeATF currently operates through its Belize entity, which is not subject to serious regulations. TradeATF Belize's entity is not subject to regulations so we recommend that you avoid trading with them. HotForex is a safer and more reliable broker. You can read our full HFM review here.