Alternatively, our recommendation: trade with our test winner eToro

  • Forex & CFD Trading with numerous currency pairs
  • Social Trading + Copy Portfolio Function
  • Fully regulated and licensed
  • Trading Strategies in the Academy
  • Reliable payouts

Trade now with eToro

Your capital is at risk! 75% of private investors’ accounts lose money trading CFDs with this provider! Your capital is at risk! 75 % of private investor accounts lose money trading CFDs with this provider!

Trade now with eToro

Your capital is at risk! 75% of private investor accounts lose money trading CFDs with this provider!

Admiral Trading Hours

ProductsTrading hours
Shares08:00 – 20:00
ForexGeneral Mon-Fri from 08:00 – 22:00
CFDsDepending on the stock exchange between 08:00 – 22:00 hrs.
CryptoAround the clock

It should be noted that not all markets follow the Forex trading hours. On the Forex market, however, you can trade continuously from 11 p.m. Sunday evening to 10 p.m. Friday evening.

When it comes to trading hours for shares & CFDs, you also have to pay attention to the respective opening hours of the exchanges. Cryptocurrencies can be traded around the clock.

Licence and security

Of course, a broker should offer its customers a high standard of security – Admiral Markets must be excluded in any case. We took a closer look and gave this aspect an important place in our Admiral Markets rating. The Admiral Markets Group enjoys a very good reputation and is known for its financial stability and investment security.

Admiral Markets UK Ltd. holds a valid licence from the Estonian Financial Supervisory Authority, is authorised to carry out substantial investment and brokerage activities in the EU and the European Economic Area and is regulated by the Financial Authority, FCSA.

The Admiral Markets broker’s servers are located in close proximity to all major liquidity providers to ensure best execution and low latency, as the provider writes on its website.

In addition, the broker works with the reliable trading platforms MetaTrader 4 and MetaTrader 5, which were developed by the world’s leading software provider MetaQuotes, which is included in our Admiral Markets rating.

Those who trade with Admiral Markets are protected by the provider’s deposit protection measures and customer protection guidelines, which makes for positive Admiral Markets experiences. All customer funds are segregated from company funds in accordance with FCA guidelines and held with an EEA-regulated lending institution.

Clients are thus guaranteed that their funds are secured at all times and are not used for other purposes. The regulatory authority constantly checks and verifies these agreements. Should the company ever run into financial difficulties, Admiral Markets fraud is ruled out.

It is also important for investors to be familiar with the risks of Admiral Markets CFD and Forex trading. A broker should clearly point out the possible risks. Admiral Markets shows itself to be responsible and has included appropriate notices on its website.

Admiral Markets Tax

The legal account management of Admiral Markets accounts lies with the head office in the UK, i.e. not in UK. This is the usual way for international forex brokers.

Due to this, Admiral Markets UK Ltd does not carry out any taxation for the customers. All customers pay tax themselves and on their own responsibility – in the country in which the customer is liable to pay tax.

If you need documents for your tax return, you can create them yourself at any time, for any period, directly via the MetaTrader trading software. These can then be attached to the tax return. It is important to note that Admiral Markets itself does not send out any annual statements. These must be created via MetaTrader itself.

Admiral Markets margin call

A margin must be deposited for CFD trading. Due to the leverage effects, losses can exceed the stake. In most cases, the positions are then closed by the CFD broker if the trader does not comply with the broker’s demands to inject additional capital.

In UK, it is de facto no longer legal to offer margin calls. BaFin issued a general ruling on 08.05.2017 banning CFDs with margin calls. The ban has been in force since 10 August 2017.

Consequently, there is no margin call at Admiral Markets. So if losses mean that the security deposits in the account are no longer sufficient for open positions, the customer does not have to provide any additional funds.

However, Admiral Markets offers its customers a stop out level. If the margin level of the account reaches a certain value, the trader is warned. The Admiral Markets Webtrader automatically carries out corresponding calculations and also shows users the level in the form of a status bar. In addition, there are further risk management tools that secure customers’ accounts in good time by selling positions in good time.

This results in a lower risk of insolvency for both customers and Admiral Markets.

Admiral Market Market Maker

Every CFD broker can set its own prices and spreads, and some even have order fees. With Admiral Markets you can enjoy low spreads, fair order execution and comprehensible prices. As a market maker, Admiral Markets provides the liquidity for CFDs – but never sets prices against its customers.

Depending on the account type selected, Admiral Markets acts as an STP broker or as a market maker. For foreign exchange and CFDs, Admiral Markets acts as a market maker. Simply put, market maker means price broker.

The Admiral Markets App

Those who also want to trade and check prices on the move can use MetaTrader 4, which functions as the Admiral Markets app. You can also use MetaTrader 4 on your smartphone or tablet and have mobile access to real-time prices and charts, fast order placement and many other features. The user interface is clearly laid out and simple, but still offers a comprehensive range of tools to support trading.

The Admiral Markets app is compatible with both iOS and Android devices and provides a strong range of tools to complement trading. The software has integrated news retrieval, provides quick access to the MT4 mailbox, offers a useful trading journal and 3 types of charts.

Even technical analyses are possible with the Admiral Markets app. All indicators of the desktop application can also be used with the mobile version. In addition, take profits and stop losses can be monitored with the Admiral Markets app. Traders can access different time frames and chart types.

Traders who prefer candlestick analysis will enjoy the mobile offering. Alternatively, you can also use the option to trade directly with your web browser using the MetaTrader WebTrader, which also allows for good Admiral Markets experiences.

Admiral Markets Trading Calculator

Admiral Markets provides a trading calculator on its website for customers and interested parties. This trading calculator can be used to make decisions before embarking on live trading.

The trading calculator can be used to forecast profit/loss, compare results for different opening and closing prices, calculate the margin required and view details of pip values.

Admiral Markets Webinars

Admiral Markets offers webinars for beginners and advanced traders. In these webinars, customers are helped to find their way around the trading software, chart analysis and trading in general. In these webinars you can ask live questions, which are also answered immediately.

Admiral Markets’ experience has shown that the webinars are excellent, especially for Forex and CFD trading. This means that newcomers as well as advanced traders can deal intensively with the material, ask questions and expand their knowledge accordingly.

Admiral Markets also offers seminars from time to time. In the seminars you learn Forex & CFD basics and can immerse yourself in trading and analysis. You also get tips & tricks on the MetaTrader trading platform, risk management and much more.

Admiral Markets Webtrader (MetaTrader4 & MetaTrader5)

MetaTrader 4 is a trading platform for trading and analysing Forex & CFD instruments. MT4 offers traders access to advanced trading technologies in a fast, secure and stable environment. To use it, you need the MetaTrader4 installation software. This is available for PC, Android, ioS and Mac.

After downloading the software, you create your own MetaTrader4 or MetaTrader5 client login. This is different from the Admiral Markets customer login. Once you have logged into MetaTrader, you can then connect to the Admiral Markets server.

The advantages of Admiral Markets Webtrader are its user-friendliness, flexibility, security and support for multiple languages. In addition, one receives advanced analysis tools and can completely customise the automatic trading. You also get real-time quotes, charts & news.

Customer service, contact and support

Should questions about trading or problems with the platform or other matters ever arise, there is no need to contact a call centre, but you will receive help from experts with specialist knowledge, as our Admiral Markets support test shows. Admiral Markets Support in Berlin is available every trading day from 9 a.m. to 6 p.m. by phone, email and live chat.

In addition, there is the practical option of using remote maintenance solutions such as Teamviewer, which makes for a great Admiral Markets experience. The fact that Admiral Markets support is only available in German is a small drawback that is included in our Admiral Markets review. The fact that there is a German-speaking customer service, which is even local, is again positive and is included in our Admiral Markets review.

Contact routeAvailable/Not available
Phone+49 30 2574 1955
E-mailinfo@admiralmarkets.de
Live chat
Contact form
FAQs

Delete Admiral Markets account

If you want to cancel or delete your account with Admiral Markets, you should contact your personal advisor (if available). As a rule, however, you can also send a written notice of termination to Admiral Markets. This should be an informal letter with the personal data and the trading account number. You do not have to give a reason why you want to terminate the contract.

You can send the termination notice to Admiral Markets either by post or by e-mail. When doing so, you should also make sure to specify a termination date. You should also ask for confirmation of the termination.

Customers may request Admiral Markets to delete the personal data. Deletion of personal data will result in any accounts being closed and personal data being removed from processing.

What is the best alternative to Admiral Markets?

From our Admiral Markets experience, the broker is expensive for CFD trading and customer opinions sometimes differ greatly. We recommend our forex and CFD broker test winner eToro at this point.

At eToro, opening and managing a custody account is completely free of charge. In addition, the provider also charges 0% fees when buying shares and ETFs. At eToro there is also a very large selection of trading options – you can easily diversify and expand your portfolio. The provider offers shares, foreign exchange, cryptocurrencies, CFDs, ETFs and commodities.

In addition, there are several payment options, including PayPal, which makes it easier for many customers. eToro is also known for its social trading function. Here you can copy the portfolios of other successful traders. Thanks to the extensive help pages and the social network behind it, even newcomers can get started trading.

The multi-asset platform is ideal for all those who want to execute multiple orders or invest in multiple assets. Because as a trader, you often overlook the order fees. At Admiral Markets, trading CFDs can be quite expensive – especially due to hidden fees. This is not the case with eToro – the fees are displayed transparently and, unlike Admiral Markets, are only minimal. eToro is also a fully regulated and licensed broker.

Admiral Markets vs eToro – Detailed overview

Register now

81% of retail investor accounts lose money trading CFDs with this provider.

Recommended broker

Register now

CFDs are complex instruments and carry a high risk of losing money quickly through leverage. 67% of retail investor accounts lose money when trading CFDs from this provider.

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Evaluation

4.35.0

Mobile App Rating

6/109/10

Account

Min. Trade

0€25€

Lever

1:301:30

Margin trading

Number of shares

30002.000+

Number of ETFs

200150

Fees

Costs per trade

€0€0

Cost per month

€0€0

ETFs

1,3% – 4,6%0€

Fund

from 0.09

CFDs

1,3% – 4,6%from 0.09

Savings plans

Crypto

1,3% – 4,6%from 0.45

Bonds

1,3% – 4,6%from 0.09

Trading fees

SpreadsSpreads

Withdrawal fees

0€5€

Inactivity fees

1€10€

Deposit fees

0€0€

CFD position overnight

var.

Payment options

Credit card

Giropay

Neteller

Sepa bank transfer

Instant bank transfer

Paypal

Skrill

Conclusion – Admiral Markets Rating

As our Admiral Markets review shows, the Estonian CFD and Forex broker Admiral Markets offers trading in forex and CFDs via MT4 and 5 and an in-house trading platform. The trading offer includes around 70 different currency pairs, 12 different index CFDs, 2 energy CFDs on the spot market, 2 precious metal CFDs and 30 different US equity CFDs.

With regard to the Admiral Markets conditions and fees, the provider has made a good impression. No fixed spreads are offered, only variable ones. Customers can choose between normal variable spreads and very low spreads (depending on the account model chosen), but in the second case additional commissions are incurred.

The Admiral Markets broker wants to ensure that customers receive as much information as possible and provides them with educational offers such as live webinars, YouTube videos, training series and thematic articles.

This aspect flows positively into the Admiral Markets rating, as this offer helps traders to make better trading decisions and gives an overview of the possibilities offered by Admiral Markets CFD and Forex trading.

The Admiral Markets app is in no way inferior to the desktop application; all desktop functions can also be used with the mobile version. Basically, there is not much to criticise about the broker’s offer, it is by no means an Admiral Markets scam.

However, if you’re new to the world of trading and haven’t had much experience with Admiral Markets, you can have a great first trading experience with our test winner, our recommended Admiral Markets alternative. With the help of social trading and copy trading, traders can set up their account in such a way that all trades of an experienced and successful trader are copied, so that one achieves the same profit as him.

Recommended broker

Alternatively, our recommendation: trade with our test winner eToro

  • Forex & CFD Trading with numerous currency pairs
  • Social Trading + Copy Portfolio Function
  • Fully regulated and licensed
  • Trading Strategies in the Academy
  • Reliable payouts

Trade now with eToro

Your capital is at risk! 75% of private investor accounts lose money trading CFDs with this provider! Your capital is at risk! 75 % of private investor accounts lose money trading CFDs with this provider!

Trade now with eToro

Your capital is at risk! 75% of private investor accounts lose money trading CFDs with this provider!

Admiral Markets Experience: FAQs

What is Admiral Markets?

The provider is a Forex broker. Here, currency pairs can be traded on the foreign exchange market. Trading with shares or CFDs is also possible.

Is it worth opening an account with Admiral Markets?

Admiral Markets passed our test. All desired currency pairs are available and customers seem to be satisfied with the platform.

How much money should I invest?

The amount of one’s own investment should depend on both one’s own liquidity and one’s own risk appetite. In general, you should never invest money that you actually need elsewhere, as profits can never be guaranteed. Forex trading is also always subject to the risk of losing the money invested.

How long does a payout take at Admiral Markets?

Here, too, the platform is convincing. Withdrawals are processed very quickly and are in your account within a few minutes to 2 working days, depending on the selected withdrawal method.

What are the requirements for me to trade successfully at Admiral Markets?

You should always know what you are investing in. Beginners in particular should therefore first read up on Forex trading thoroughly. Here at Kryptoszene.de, all the information is provided. If you have the necessary know-how, as well as a good feeling for the markets, nothing will stand in the way of early profits.

All trading is risky. No guarantee of profit .Any content on our website is for information purposes only and does not constitute a recommendation to buy or sell. This applies to assets, products, services or other investments. The opinions communicated on this site do not constitute investment advice and independent financial advice should always be sought where possible. This website is available to you free of charge, but we may receive commissions from the companies we feature on this website.

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Florian Margto

I am constantly on the lookout for new investments and investment opportunities. I like to experiment with small amounts of money. But security comes first. In five years of crypto experience, I have been able to build up a broad portfolio. However, I only take high risks with play money.

View all posts by Florian Margto

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Agora Direct Screenshots (9)

Overview

Alex Kanz

/ Last Updated 04 March 2021

Are you considering making your own Agora Direct experience? In the following test you can read everything about the Forex and CFD broker, fees and features of Agora Direct.

Agora Direct enables its customers to participate in digital stock exchange trading and promises customer friendliness, transparency, best conditions and an enormous variety of products.

Traders are provided with first-class global exchanges, it says on the broker’s website. But can the provider keep its promises and is an Agora Direct registration really worthwhile?

What Agora Direct experiences can be made, whether it is really a serious offer and how the provider compares to our test winner eToro, you can now find out in this Agora Direct Review.

Test result

  • Offer
  • Fees
  • Support

4.1

Conclusion

No cryptos and demo account – There are better brokers on the market

Recommended broker

Alternatively, our recommendation: trade with our test winner eToro

5

  • Forex & CFD Trading with numerous currency pairs
  • Social Trading + Copy Portfolio Function
  • Fully regulated and licensed
  • Trading Strategies in the Academy
  • Reliable payouts

Trade now with eToro

Your capital is at risk! 75% of private investors’ accounts lose money trading CFDs with this provider! Your capital is at risk! 75 % of private investor accounts lose money trading CFDs with this provider!

Trade now with eToro

Your capital is at risk! 75% of private investor accounts lose money trading CFDs with this provider!

Agora Direct advantages and disadvantages

  • Low and transparent fees
  • Regulated broker
  • Individual customer advice
  • Final withholding tax is not automatically paid
  • No demo account available
  • Crypto trading not possible
  • Outdated UX/UI

Agora Direct Review – The Offer

The Agora Direct Broker has been active as an online broker since 2001 and originates from the UK, but has a branch office in Berlin.

Traders can trade live internationally through Agora Direct on over 120 trading venues, including China, Japan, Europe, Australia, the UK and Canada.

The trading offer includes shares, options, CFDs, around 94 currency pairs, funds and bonds. Agora Direct’s trading offering can be accessed via trading software for Windows, Mac and Linux.

You can choose to trade from home with the ATS trading software, from the office with AGORA Web Trader or even on the move with the Agora Direct app.

You can also trade via MetaTrader in versions 4 and 5, a trading software used worldwide. The software offers the advantage that it is specialised in foreign exchange trading and offers great trading and information tools.

There is also an Agora Direct blog, on which articles on the subject of trading are occasionally published. Unfortunately, a demo account, with which you could get a more detailed picture of the broker’s trading offer in advance without obligation and risk, is not offered, which is included in this Agora Direct review.

Anyone who is new to the world of trading should take a look at our recommended Agora Direct alternative eToro. The social trading broker has come out on top in our tests and offers its customers a free demo account with which they can gain their first trading experience. The eToro demo account can be used for an unlimited period of time and is free of charge.

Recommended broker

Alternatively, our recommendation: trade with our test winner eToro

5

  • Forex & CFD Trading with numerous currency pairs
  • Social Trading + Copy Portfolio Function
  • Fully regulated and licensed
  • Trading Strategies in the Academy
  • Reliable payouts

Trade now with eToro

Your capital is at risk! 75% of private investor accounts lose money trading CFDs with this provider! Your capital is at risk! 75 % of private investor accounts lose money trading CFDs with this provider!

Trade now with eToro

Your capital is at risk! 75% of private investor accounts lose money trading CFDs with this provider!

CFD or direct trading?

With Agora Direct you can trade both Forex and CFDs. You can trade Agora Direct CFDs on shares and on indices. CFDs are leveraged products and offer traders a flexible alternative to trading stocks: With Agora Direct CFDs, you can bet not only on rising but also on falling prices.

One does not trade the underlying, but rather its price and price change. In this way, one only bets a part of the actual share value. To buy and also to maintain a position, you have to provide a margin.

After selling, this percentage of the actual trading amount is released again. For a comparison of the best CFD brokers, one should follow the link and study the test report carefully.

Shares

With Agora Direct Broker, you can trade shares on the most important stock exchanges on over 235 markets worldwide via a professional trading platform. Among other things, you can trade US shares on NASDAQ or NYSE from USD 2.50 including all Agora Direct fees and on Xetra from EUR 3.95 including all fees. Of course, there is also a guide to buying shares.

Options

Options are a popular trading instrument among traders. With Agora Direct Broker, it is easy to get started trading on the world’s leading options exchanges. You can choose between well over 1 million options. Options in the USA and Europe can be traded from 1.90 euros including all Agora Direct fees. You can also enter into option writing transactions.

Equity, Index CFDs and Currency CFDs

At Agora Direct CFD Broker, you can trade index CFDs and equity CFDs. Depending on the index, the commission rates are only 0.01 percent to 0.02 percent. The overnight financing costs are only the current base rate plus a maximum of 2 per cent. The index CFD quotes correctly represent the price movements and spread of the associated futures.

All index transactions are hedged, no dealing desk is operated. For Agora Direct CFDs shares, the commission rate is only 0.09 percent, active traders can also request individually discounted commissions. Overnight funding costs are only the current base rate, plus a maximum of 1.5 per cent.

Clients have access to very tight spreads for currency CFDs, as quote streams from 14 of the world’s leading forex traders are involved, with a total market share of more than 78 percent.

Indices

  • DowJones Industrial 30
  • S&P 500
  • NASDAQ 100
  • DAX 30
  • MDAX50
  • TecDAX30
  • DJ Eurostoxx 50
  • FTSE 100 UK
  • FTSE Mid-Cap 250 UK
  • SMI 20 Switzerland
  • CAC 40 France
  • OBX 25 Norway
  • OMX 30 Sweden
  • OMX 20 / 25 Denmark
  • IBEX 35 Spain
  • FTSE MIB 40 Italy
  • AMS FTA Netherlands
  • BEL20 Belgium
  • PSI 20 Portugal
  • Nikkei 225
  • Hang Seng Stock Index
  • ASX 200 Index

Shares

  • Europe
  • United States of America
  • United States of America
  • Great Britain
  • Switzerland
  • Poland
  • Finland
  • Sweden
  • Denmark
  • Norway
  • Czech Republic
  • Hungary
  • South Africa
  • Canada
  • Brazil
  • Australia
  • Japan
  • Hong Kong (incl. stamp duty and SFC transaction tax)
  • Singapore

Currencies

  • AUD
  • CAD
  • CHF
  • CNH
  • CZK
  • DKK
  • EUR
  • GBP
  • HKD
  • HUF
  • ILS
  • JPY
  • MXN
  • NOK
  • NZD
  • PLN
  • RUB
  • SEK
  • SGD
  • USD
  • ZAR

Futures and commodities

With futures and commodities, clients of Agora Direct Broker gain access to another trading instrument that can be traded on 35 markets worldwide. With the provider’s trading software, one can find a quick market entry to the largest futures exchanges such as CME, EUREX, GLOBEX and NYMEX.

Gold and silver

Agora Direct also allows you to trade physical gold and silver on the London Stock Exchange. According to the provider, customers of the broker enjoy efficient price structures for small quantities, so that great Agora Direct experiences can be gained, One does not have to trade wholesale quantities, even if it is a wholesale market. Commissions payable are 0.3 per cent of the trade value. The minimum fee per order is USD 6.

Forex

With Agora Direct, you can trade 94 different currency pairs and get access to the best buying and selling rates from the interbank market. A small, separately charged and therefore transparent commission is charged for trading foreign exchange. Agora Direct fees for Forex trading are 0.01 per cent of the amount traded or exchanged. The minimum fee is USD 5.

Bonds, investment funds and metals

As our Agora Direct test shows, the online broker also offers access to US and European corporate bonds, as well as fixed-income options and futures and government bonds from Europe and Asia.

Certificates and warrants

Agora Direct offers trading in a selection of certificates and warrants. One gets access to trading products such as Commerzbank, Deutsche Bank, UBS and Citibank and particularly favourable certificates and warrants from various providers.

Agora Direct Fees & Conditions

Agora Direct advertises real and transparent prices and emphasises that there are no sham trading conditions which depend on conditions.

There are also said to be no nested or hidden order costs and a final withholding tax is also not paid. We have taken a closer look at Agora Direct’s experience in this regard.

Agora Direct fees are quoted in fixed amounts and not in spreads. No account or custody fees are charged. Only if accounts and custody accounts are no longer actively traded and at the same time the cash balance is below 1,000 euros, a monthly Agora Direct fee of 1 euro is collected.

Trading commissions apply when trading Agora Direct CFDs. For the Dax 30, for example, the commission is 0.01 per cent, but at least 1.50 euros. In forex trading, orders are transferred directly to the interbank market.

Order feesMinimumSpecial features
XETRA UK0,12%3,95 €All incl. – max. 99€
Frankfurt Presence Exchange0,12%3,95 €plus any stock exchange, settlement and regulatory fees.
NASDQ 1000,01%2 USD
DAX 300,01%2 USD
Government bonds USA0.015% of the nominal value8 USD
Corporate Bonds Europe0.25% of the trading value6 €

As our Agora Direct test shows, the broker can convince with the Agora Direct fees, but points are deducted in our Agora Direct rating for the fact that the final withholding tax is not automatically quoted for investors. Investors must declare the capital gains generated by trading in securities themselves in their tax return.

Agora Direct Payment Methods

Deposits are currently only possible with a bank transfer, as our Agora Direct experience shows. This results in a processing time of several working days before you can start trading, for which there is a point deduction in our Agora Direct rating. A minimum deposit is not necessary, only for margin-based trading you have to deposit a minimum amount of 2,000 euros.

Withdrawals can also only be made via your trading account to your house bank. As our Agora Direct test shows, a transfer usually takes 1 to 3 days. When booking, however, the profits are not directly increased in price. At the end of the year, you receive a detailed annual statement for your personal accounting. There is no exemption order, as no taxes are deducted.

Payment method/
Credit cards
Paypal
Instant bank transfer
Skrill
Neteller
Paysafecard
Bank transfer
Other

Recommended broker

Alternatively, our recommendation: trade with our test winner eToro

5

  • Forex & CFD Trading with numerous currency pairs
  • Social Trading + Copy Portfolio Function
  • Fully regulated and licensed
  • Trading Strategies in the Academy
  • Reliable payouts

Trade now with eToro

Your capital is at risk! 75% of private investors’ accounts lose money trading CFDs with this provider! Your capital is at risk! 75 % of private investor accounts lose money trading CFDs with this provider!

Trade now with eToro

Your capital is at risk! 75% of private investor accounts lose money trading CFDs with this provider!

Licence and security

In Europe, almost every form of financial investment service requires a legally regulated authorisation from a supervisory authority. As part of our Agora Direct test, we checked whether the broker complies with this obligation. The FCA (Financial Conduct Authority) and the BaFin (Federal Financial Supervisory Authority) are responsible for Agora Direct.

Consequently, there is no need to fear Agora Direct fraud. The Agora Direct broker must adhere to the strict requirements of the FCA and BaFin and guarantee secure protection of client funds. To this end, all client assets are held in separate accounts. Each client enjoys deposit protection (up to USD 500,000).

Customer Service, Contact & Support

If you have questions about trading or a problem with the software, you can contact Agora Direct Support. This can be reached via a contact form, by phone or email. Unfortunately, there is no live chat as with our test winner as our recommended Agora Direct alternative.

By the way, the FAQ section is very comprehensive and offers answers to many general questions, which is a positive factor in the Agora Direct rating and in this Agora Direct review. Among other things, you can find information on the various trading accounts, account management, securities account transfer, software and trading in general.

Contact route/
Phone+49 (030) 789 59 750
E-mailinfo@agora-direct.com
Live chat
Contact form
FAQs

Register and buy with Agora Direct

To be able to participate in stock exchange trading, you need a live account. This offers access to more than 125 stock exchanges in more than 24 countries. When registering with Agora Direct, you can choose between an individual account or a joint account. Alternatively, you can also set up a trading account for a company, an association or a stock exchange club.

Agora Direct offers its customers an account that is customised to their needs and wishes. The following is a step-by-step explanation of the Agora Direct registration and login process.

Step 1: The registration

It is possible to open an account from the age of 18. Up to the age of 21, you can open a cash account with which you can trade shares, bonds, warrants and funds. A minimum deposit is not required to open an account.

To open an account, you can either fill out an application form online or request and return your account opening documents by post. First select the type of account, then enter your personal data.

Step 2: Verification

Once the account opening documents have been completed and signed, proof of identity must also be provided. For example, in the form of a copy of the identity card or passport and a current proof of address, for example in the form of an electricity or telephone bill that is not older than 6 months. Once all the required documents have been submitted to Agora Direct Support, the trading account will be opened within one week.

Step 3: Deposit and trade

Once you have successfully completed the Agora Direct registration, you can make deposits to your trading account by bank transfer and gain your first Agora Direct experience. It is important that you state your U-account number and your first and last name in the reason for payment.

A deposit notice is required before each deposit so that the money can be credited to the trading account. You can view the details of the beneficiary bank in the “My Agora” account area.

Recommended broker

Alternatively, our recommendation: trade with our test winner eToro

  • Forex & CFD Trading with numerous currency pairs
  • Social Trading + Copy Portfolio Function
  • Fully regulated and licensed
  • Trading Strategies in the Academy
  • Reliable payouts

Trade now with eToro

Your capital is at risk! 75% of private investors’ accounts lose money trading CFDs with this provider! Your capital is at risk! 75 % of private investor accounts lose money trading CFDs with this provider!

Trade now with eToro

Your capital is at risk! 75% of private investor accounts lose money trading CFDs with this provider!

The Agora Direct App

The provider also provides traders with an Agora Direct app that allows them to access their trading account on the go using their smartphone or tablet.

The Agora Direct app is compatible with iOS, Android and Blackberry devices and can be downloaded from the Google Playstore and the App Store.

Alternatively, you can also access the mobile trading offer via the web app, i.e. you simply call up the Agora Direct Broker website with the browser of your mobile end device and are then automatically redirected to the website optimised for mobile end devices.

However, the offer of the native Agora Direct app is more extensive and professional. With the web app, special information is only possible to a limited extent.

Agora Direct compared to our test winner eToro

Register now

CFDs are complex instruments that come with a high risk of losing money due to leverage effects. 63.5% of retail investors lose money trading CFDs with this provider. Consider whether you know how CFDs work and whether you can bear the high risk potential of losing your investment.

Recommended broker

Register now

CFDs are complex instruments and carry a high risk of losing money quickly through leverage. 67% of retail investor accounts lose money when trading CFDs from this provider.

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Evaluation

4.15.0

Mobile App Rating

9/109/10

Account

Min. Trade

0€25€

Lever

1:301:30

Margin trading

Number of shares

25.000+2.000+

Number of ETFs

370150

Fees

Costs per trade

€3.85€0

Cost per month

€0€0

ETFs

4,54€0€

Fund

3,85€from 0.09

CFDs

1,50€from 0.09

Savings plans

Crypto

from 0.45

Bonds

8$from 0.09

Trading fees

0,12%Spreads

Withdrawal fees

0€5€

Inactivity fees

1€10€

Deposit fees

0€0€

CFD position overnight

var.var.

Payment options

Sepa bank transfer

Credit card

Giropay

Neteller

Paypal

Skrill

Instant bank transfer

Conclusion – Agora Direct Rating

Our Agora Direct review is basically positive. With the broker’s trading software, beginners and professionals get access to a powerful platform with which you can trade worldwide and make great Agora Direct experiences. An Agora Direct app is also available so that you can remain flexible and keep an eye on your trading activities at any time, even when you are on the move.

Besides shares, futures and commodities, you can also trade CFDs and some other instruments. Unfortunately, cryptocurrencies are not included in the portfolio. The provider charges fixed Agora Direct fees for each trade, which differ depending on the product. Agora Direct fees on the spread are not charged.

It is a regulated broker with a valid licence, so there is absolutely no need to fear Agora Direct fraud.

Unfortunately, deposits can only be made by bank transfer, so that you cannot start trading directly, but have to expect a waiting period of several working days, which unfortunately has a negative impact on this Agora Direct review. As our Agora Direct test shows, there is no demo version with which you can gain your first Agora Direct experience without any obligation.

Unfortunately, the Agora Direct crypto trading option does not exist, as this Agora Direct review shows. Agora Direct is a good broker, but we recommend the test winner eToro to our readers. In addition to other advantages compared to Agora Direct, you can also trade cryptocurrencies here.

Recommended broker

Alternatively, our recommendation: trade with our test winner eToro

5

  • Forex & CFD Trading with numerous currency pairs
  • Social Trading + Copy Portfolio Function
  • Fully regulated and licensed
  • Trading Strategies in the Academy
  • Reliable payouts

Trade now with eToro

Your capital is at risk! 75% of private investors’ accounts lose money trading CFDs with this provider! Your capital is at risk! 75 % of private investor accounts lose money trading CFDs with this provider!

Trade now with eToro

Your capital is at risk! 75% of private investor accounts lose money trading CFDs with this provider!

Agora Direct Experience: FAQs

What is Agora Direct?

The provider is a CFD broker. Contracts for difference are traded here. Trading with shares or forex is also possible.

Is it worth opening an account with Agora Direct?

Agora Direct passed our test. All desired Contracts for Difference are available and customers seem to be satisfied with the platform.

How much money should I invest?

The amount of one’s own investment should depend on both one’s own liquidity and one’s own risk appetite. In general, you should never invest money that you actually need elsewhere, as profits can never be guaranteed. CFD trading is also always subject to the risk of losing the money invested.

How long does it take to cash out with Agora Direct?

Here, too, the platform is convincing. Withdrawals are processed very quickly and are in your account within a few minutes to 2 working days, depending on the selected withdrawal method.

What are the requirements for me to trade successfully with Agora Direct?

You should always know what you are investing in. Beginners in particular should therefore first read up on CFD trading thoroughly and understand how the leverage effect works with CFDs. Here at Kryptoszene.de, all the information is provided. If you have the necessary know-how and a good feeling for the markets, nothing will stand in the way of early profits.

All trading is risky. No guarantee of profit .Any content on our website is for information purposes only and does not constitute a recommendation to buy or sell. This applies to assets, products, services or other investments. The opinions communicated on this site do not constitute investment advice and independent financial advice should always be sought where possible. This website is available to you free of charge, but we may receive commissions from the companies we feature on this website.

Alex Kanz

I studied German as a foreign language, Asian and Oriental studies and Arabic studies. For five years, I have been dealing with topics around the various aspects of cryptocurrencies and have made this my profession as a translator and copywriter.

View all posts by Alex Kanz

Experiences (0)

MONTHLY COMPETITION

How was your experience with the broker?

If you write a testimonial, you will automatically be entered into this month’s €500 prize draw. The winner in April was Jürgen from Munich.

Overview

Alvexo is an online broker that offers CFD trading, forex, indices, commodities and cryptocurrencies for trading.

Once you have registered on the Alvexo website, you can immediately test the platform with the free demo account and try out the special features.

Our Alvexo test is intended to show how serious the platform is and whether it could be worthwhile to get your own Alvexo account. For this purpose, we tested the provider and also took a look at the terms and conditions, regulation and licensing.

Nowadays, you should always be on your guard when choosing an unknown online broker. Especially in the field of cryptocurrencies, people often work with unclean methods and sometimes even with scam and fraud.

Our Alvexo review will show whether Alvexo is serious or works with scam and fraud. First, we create our own account and then look at the background of the platform. We then look at other user opinions and Alvexo experiences.

We also compare Alvexo with our test winner broker eToro!

Test result

  • Offer
  • Fees
  • Support

4.0

Conclusion

Good broker, but we advise eToro.

Recommended broker

Alternatively, our recommendation: trade with our test winner eToro

5

  • Forex & CFD Trading with numerous currency pairs
  • Social Trading + Copy Portfolio Function
  • Fully regulated and licensed
  • Trading Strategies in the Academy
  • Reliable payouts

Trade now with eToro

Your capital is at risk! 75% of private investor accounts lose money trading CFDs with this provider! Your capital is at risk! 75 % of private investor accounts lose money trading CFDs with this provider!

Trade now with eToro

Your capital is at risk! 75% of private investor accounts lose money trading CFDs with this provider!

Alvexo advantages and disadvantages

We took a closer look at the advantages and disadvantages of Alvexo. Is it worth working with this platform?

  • Optionally regulated via CySEC or FSA
  • Deposit with Euro via credit card or bank transfer
  • Seat in EU
  • Possible total loss of the investment
  • Trading features depending on the amount of the deposit
  • Investments are high-risk
  • Partially unclean translations on German-language version

Alvexo test: The offer

The Alvexo Exchange can be a good partner in forex, cryptocurrencies, CFDs, indices and commodities trading. The CFD function is usually recommended for fast trading. Here you bet on price gains or losses of, for example, a selected cryptocurrency.

Anyone who has already dealt with CFD Exchanges knows that there is a high risk hidden in these bets that you will lose your entire investment. At the same time, however, you also have the chance of high profits.

Depending on the amount of the deposit made, you can access a wide range of functions in the Alvexo app. In addition to the various tools provided by the Alvexo app, you also have access to an academy.

Here you can develop a very personal Forex or CFD trading strategy, which will hopefully be crowned with profits. Customer support is also available if questions arise. However, communication here is mostly in English, so you should at least have sufficient knowledge.

Trading pairOffer
Forex64
Indices7
Raw materials12
SharesOver 300
Cryptocurrencies15

Step by step guide Alvexo

Step 1: The registration

Registering with Alvexo is done in just a few steps. First, go to the homepage of the provider. A small box with the inscription “Join Now” is clearly visible.

Clicking on this opens a window in which you simply enter your name, email address and telephone number and choose a password. As soon as you have confirmed these details, you are already in possession of your own Alvexo account.

You have the option of trying out the free demo account first. However, if you actually want to earn money with Alvexo, you will have to make a deposit afterwards. (At this point, we recommend registering with our test winner eToro. Read more in the article)

Alternatively register with eToro

Your capital is at risk.

Step 2: The deposit

At Alvexo, you can trade CFDs, shares, cryptocurrencies, indices or commodities. In order to be able to deposit at Alvexo, you first have to find a suitable deposit method. The most popular deposit option should be the credit card. Bank transfers are also still popular.

However, you also have the option of using your cryptowallet. To make a deposit, simply enter your Seed e here so that the crypto currencies can be transferred. As soon as you have completed the deposit, you can start making your first trades.

Step 3: Trading

Alvexo is primarily a CFD broker. However, it is also possible to trade forex, shares, commodities or cryptocurrencies. A wide range of trading tools are offered, which can be used without any follow-up costs.

However, which ones are available depends on the size of the selected account. For those who do not yet have much experience in trading with cryptocurrencies, there is a separate training area on the Alvexo platform.

In our Alvexo experience, we initially focused only on the demo account. Here, the platform was quite convincing due to its clarity.

Recommended broker

Alternatively, our recommendation: trade with our test winner eToro

5

  • Forex & CFD Trading with numerous currency pairs
  • Social Trading + Copy Portfolio Function
  • Fully regulated and licensed
  • Trading Strategies in the Academy
  • Reliable payouts

Trade now with eToro

Your capital is at risk! 75% of private investors’ accounts lose money trading CFDs with this provider! Your capital is at risk! 75 % of private investor accounts lose money trading CFDs with this provider!

Trade now with eToro

Your capital is at risk! 75% of private investor accounts lose money trading CFDs with this provider!

Is Alvexo reputable? The test

Everyone wants to be sure that they only invest their money in trustworthy platforms. Therefore, there is no getting around the central question here either: Is Alvexo reputable? Or is Alvexo a scam? First of all, there is nothing to suggest that one should assume dubious methods with this platform.

The regulations and licences (FSA, CySEC) are immediately pointed out on the homepage. The small print also makes a legally impeccable impression. Furthermore, it is advertised that Alvexo is a partner of Norwich City.

Other partners are also presented in detail in a separate list. So first of all, there is nothing to suggest that Alvexo could be a scam.

Nevertheless, one should always approach newer platforms with a certain degree of caution. However, if Alvexo does use scam, you should be in safe waters legally, as the platform is based in the EU. So there is a lot to be said for Alvexo being reputable.

Alvexo Test: The cryptocurrencies

You can trade Bitcoin, Litecoin and many other cryptocurrencies at Alvexo. This is done by means of CFDs, i.e. you place bets on the coin of your choice. Meanwhile, various cryptocurrencies are listed. However, the Alvexo app is particularly dedicated to the big coins.

For example, Bitcoin, Bitcoin Cash, Litecoin, Dash and Ethereum are highlighted again and again. So if you are just starting to get to know the Alvexo Exchange, you should first look at these cryptocurrencies.

In Alvexo’s own advertising, it is repeatedly advertised that many more cryptocurrencies will follow in the future.

Alvexo Test: The Fees

The Alvexo fees are incurred when you settle your trades and are deducted automatically. The amount of the Alvexo fees depends mainly on the size of your Alvexo account. The more trading volume your account has, the more advantages you will have. Here is a short excerpt for trading with Bitcoin.

Account:ClassicGoldPrimeECN GoldECN Prime
  BCH/BTC0.000050.000050.000050.000050.00005
  BTC/CAD141.2141.2141.2141.2141.2
  BTC/EUR90.2690.2690.2690.2690.26
  BTC/GBP82.2582.2582.2582.2582.25
  BTC/USD105.29105.29105.29105.29105.29
  ETH/BTC0.000050.000050.000050.000050.00005
  LTC/BTC0.000010.000010.000010.000010.00001

Source: https://www.alvexo.com/spread-and-commission

The fee schedule will describe exactly which benefits you receive from which volume. It is recommended that you read this carefully before you start to execute your first trades.

To compare Alvexo’s fees with our test winner eToro, let’s take the following example:

  • We buy Bitcoin for €1,000
  • We keep our Bitcoin for 30 days and then sell it again
  • We assume that the rate does not change in the 30 days.

The following fees are charged by eToro and Alvexo:

ProvideretoroAlvexo
Depositfree of chargefree of charge
Purchase fees1,9%90.26€
Holding feesfree of chargefree of charge
Sales charges1,9%90.26€
Payment5 USDfree of charge
Total fees42,20€180,52€

Now to eToro

75% of private investor accounts lose money trading CFDs with this provider

Alvexo test: The functions

Anyone who wants to trade on the Alvexo Exchange initially only needs their own browser and a deposit. For investors who want to trade on the move, there are also Alvexo apps for Apple or Android. Of course, the use of these apps is not free of charge.

The additional functions of Alvexo can keep up with any well-known CFD exchange. So by signing up with Alvexo, you get a fully functional broker that specialises in CFDs, Forex, stocks, commodities and cryptocurrencies.

In our Alvexo review, we could only find particularly innovative tools for trading in the premium account. All the standard tools that you would expect from a CFD exchange are also provided for small investors.

Alvexo should therefore be suitable for all those who want to set up their trading on a larger scale. The auto-analyses, which can be viewed in the form of custom reports in the Alvexo app, are also helpful.

Is Alvexo fraud?

Is Alvexo really to be trusted? Is Alvexo serious? Or is Alvexo a scam and your Alvexo account a sham?

In our Alvexo review, we could not find any indications that it might be a dubious offer. In order not to limit ourselves to our own Alvexo test, we also looked at the Alvexo experiences of other users. In the various forums that deal with CFD and crypto exchanges, you can find more and more reports on this platform.

Most of them are convinced that Alvexo is reputable and that they can trade without any problems. The payouts of winnings are also usually unproblematic.

However, a few reports share the view that the Alvexo Exchange works with unclean methods. In summary, most users were satisfied with the Alvexo app. Nevertheless, the following always applies: For a start, one should only invest small amounts in this platform.

As soon as the deposit and withdrawal procedure proves to be unproblematic, you can still start betting larger amounts and enjoy the premium features.

The fact that the bank is based in the EU and regulated by CySEC should also be a major safety factor. If problems should arise, one is apparently in legally safe waters.

Alvexo test: The conclusion

If you are looking for a straightforward CFD and crypto broker, you may well like Alvexo.

Anyone who registers with this platform should have a browser or the app. As soon as you have completed the registration, which only takes a few minutes, you can test the demo mode of Alvexo extensively. In our Alvexo review, we could not find any indications that Alvexo could be using scam.

Rather, this platform appears to be fully licensed and regulated. To test the platform first without risk, it is recommended to use the demo account or to deposit the minimum amount (250€). For the use of some very special functions and for lower fees, you can get a premium account. This is available from a certain trading volume.

In summary, Alvexo is also a good choice for newcomers. The large training area is well suited for discovering one’s own trading personality and developing high-yield strategies. High rollers in particular could benefit from Alvexo’s premium accounts.

However, we alternatively recommend registering with our test winner broker eToro, as you have far better conditions when trading here. 0% fees for shares and ETFs, as well as far lower fees for cryptocurrencies make eToro our test winner.

The advantages & disadvantages of Alvexo at a glance

  • Optionally regulated via CySEC or FSA
  • Deposit with Euro via credit card or bank transfer
  • Seat in EU
  • Possible total loss of the investment
  • Trading features depending on the amount of the deposit
  • Investments are high-risk
  • Partially unclean translations on German-language version

Recommended broker

Alternatively, our recommendation: trade with our test winner eToro

  • Forex & CFD Trading with numerous currency pairs
  • Social Trading + Copy Portfolio Function
  • Fully regulated and licensed
  • Trading Strategies in the Academy
  • Reliable payouts

Trade now with eToro

Your capital is at risk! 75% of private investor accounts lose money trading CFDs with this provider! Your capital is at risk! 75 % of private investor accounts lose money trading CFDs with this provider!

Trade now with eToro

Your capital is at risk! 75% of private investor accounts lose money trading CFDs with this provider!

Alvexo Test: FAQs

What is Alvexo?

The provider is an online broker where you can speculate on shares, forex, cryptocurrencies and other assets.

Is it worth opening an account with Alvexo?

Alvexo was convincing in our test. The wide range of trading options and the excellent customer support attract many customers, most of whom are very satisfied with the provider.

How much money should I invest?

The minimum deposit at Alvexo is set at €250. The amount of your own investment should depend on your own liquidity, the chosen asset and your own risk tolerance. In general, you should never invest money that you actually need elsewhere, as profits can never be guaranteed.

How long does a payout take at Alvexo?

Here, too, the platform is convincing. Withdrawals are processed very quickly and are in your account within a few minutes to 2 working days, depending on the selected withdrawal method.

What are the requirements for me to trade successfully at Alvexo?

You should always know what you are investing in. The provider offers an academy where you can continuously educate yourself and receive detailed information about all trading options. If you have the necessary know-how, as well as the necessary bit of luck from time to time, nothing stands in the way of early profits.

All trading is risky. No guarantee of profit .Any content on our website is for information purposes only and does not constitute a recommendation to buy or sell. This applies to assets, products, services or other investments. The opinions communicated on this site do not constitute investment advice and independent financial advice should always be sought where possible. This website is available to you free of charge, but we may receive commissions from the companies we feature on this website.

FOLLOW ON

Sebastian cobbler

Sebastian Schuster specialises in cryptocurrencies and share price analysis. He became involved in financial marketing at an early age and then decided to turn his hobby into a profession by studying Banking and Financing. Besides his main job as an analyst at an influential financial consulting firm, he regularly writes for Kryptoszene.de and analyses charts of stocks and cryptocurrencies.

View all posts by Sebastian Schuster

Experiences (0)

MONTHLY COMPETITION

How was your experience with the broker?

If you write a review, you will automatically be entered into this month’s €500 prize draw. The winner in April was Jürgen from Munich.

Overview

Sebastian cobbler

/ Last Updated 04 March 2021

ATFX is a broker that has made it its mission to offer customers an absolute trading experience and to be particularly fast with deposits and withdrawals. Kryptoszene.de has taken a closer look at the Forex and CFD broker and compiled all ATFX experiences here.

Forex trading is more popular than ever today. Understandable, after all, it is a way to earn a lot of money. Forex trading is easy to understand and quick to learn. All you need is a broker and a trading platform.

A test of the provider shows that absolutely no fraud is to be expected with this provider, that the concept of the trading platform is innovative, narrow spreads are made possible and a number of additional services such as an extensive training offer are included in the offer.

The following review highlights advantages and disadvantages and tests the offer and its functions. We also compare ATFX with our test winner broker eToro!

Test result

  • Offer
  • Fees
  • Support

Conclusion

However, we recommend our test winner eToro.

Recommended broker

Alternatively, our recommendation: trade with our test winner eToro

  • Forex & CFD Trading with numerous currency pairs
  • Social Trading + Copy Portfolio Function
  • Fully regulated and licensed
  • Trading Strategies in the Academy
  • Reliable payouts

Trade now with eToro

Your capital is at risk! 75% of private investor accounts lose money trading CFDs with this provider! Your capital is at risk! 75 % of private investor accounts lose money trading CFDs with this provider!

Trade now with eToro

Your capital is at risk! 75% of private investor accounts lose money trading CFDs with this provider!

ATFX advantages and disadvantages

  • Suitable for private & professional traders
  • Low spreads
  • Limited offer
  • Limited supply of cryptocurrencies
  • No 24/7 support
  • No fee-free share trading

AFTX Review – the offer

Forex

  • 42 currency pairs

CFDs

  • 50 Shares CFDs
  • 13 Index CFDs
  • Commodity CFDs
  • Precious Metal CFDs

Crypto CFDs

  • Bitcoin
  • Litecoin
  • Ethereum
  • Ripple

The broker’s focus is on CFD trading and Forex trading. The ATFX trading offer is quite well sorted and also includes unusual trading values such as roubles or Hungarian forints. In addition, one can also access ETF, crude oil, gold, silver and indices. There is also the option to trade digital currencies or CFDs on shares.

This covers the usual asset classes. Account management is offered in EUR, USD and GBP.

Recommended broker

Alternatively, our recommendation: trade with our test winner eToro

5

  • Forex & CFD Trading with numerous currency pairs
  • Social Trading + Copy Portfolio Function
  • Fully regulated and licensed
  • Trading Strategies in the Academy
  • Reliable payouts

Trade now with eToro

Your capital is at risk! 75% of private investor accounts lose money trading CFDs with this provider! Your capital is at risk! 75 % of private investor accounts lose money trading CFDs with this provider!

Trade now with eToro

Your capital is at risk! 75% of private investor accounts lose money trading CFDs with this provider!

Forex & CFDs on offer

The spreads and the tradable lot size depend on the asset classes. You can trade forex pairs with spreads from 0.6 pips and from 0.01 lot on the EUR/USD currency pair. For CFDs on indices, the spreads depend on the underlying asset and for crude oil they are 2.0 and 3.0 pips respectively.

In addition, the broker also offers some extras: a daily market report provides information that can be used for market analysis. In addition, an economic calendar is available, which shows important events in the economy. You can also use the Trading Central Tool to carry out market analyses.

ATFX also offers free webinars, allowing traders to develop their trading skills. The webinars are available in English, German and Spanish. Beginners can use the ATFX demo account to calmly explore the broker’s offering and gain initial trading experience.

The account opening process and registration are very simple at ATFX. One first fills out a registration form and provides their name, email address and phone number, selects the investment amount and agrees to the terms and conditions to complete the account opening process.

Since it is a regulated provider, you also have to provide your identification documents. Afterwards, you will receive the login data for your personal trader area.

CFD or direct trading?

ATFX offers its clients access to CFDs with competitive spreads. CFDs are trading instruments that allow traders to speculate on price movements without owning the underlying trade value. This allows one to trade quickly and take advantage of price movements whether the market is rising or falling.

Here, the client does not trade directly with the broker, because the service provider collects the prices of other market participants and automatically generates a quote from them. The prices are updated in real time because the liquidity providers send their prices via an electronic network.

Traders thus benefit from transparent conditions. A NDD broker (“Non Dealing Desk Broker”) usually offers the lowest spreads, as access is granted to a large number of service providers.

Shares

ATFX offers investors the opportunity to analyse the economic outlook and performance of a country’s or region’s equities using equity indices.

The broker’s spot indices aim to offer a new trading benchmark with low spreads and margin requirement. The broker offers CFDs on indices with very competitive overnight fees and no commission.

To realise the potential of CFD indices trading, ATFX offers risk management tools such as stop loss and limit orders. Clients also benefit from small order sizes starting at 0.10 lot, so you can start trading with a low risk profile.

Cryptocurrencies

ATFX offers an attractive alternative to conventional forex trading with the possibility of trading crypto CFDs such as Bitcoin, Litecoin, Ethereum and Ripple. Above all, crypto CFDs offer the advantage that you do not have to acquire and store actual cryptocurrencies.

With ATFX, one can enjoy the benefits of crypto CFD trading without having to worry about ownership. Since crypto prices can move in both directions, both long and short positions are possible.

If you think the bitcoin price will rise, you can buy bitcoin CFDs, if you think prices will fall, you can sell them again.

Forex

Investing in forex is particularly attractive because the average daily turnover of the forex market is USD 5 trillion. This is equivalent to a multiple of any global stock market.

ATFX experiences allow for easy and convenient forex trading and offer many currency pairs in addition to the most traded ones:

Majors

  • EUR/USD
  • USD/JPY
  • GBP/USD
  • AUD/USD
  • NZD/USD
  • USD/ CAD
  • USD/CHF

Minors

  • AUD/CAD
  • AUD/NZD
  • CHF/JPY
  • EUR/AUD

Exotics

  • EUR/HUF
  • USD/CZK,
  • USD/NOK
  • USD/PLN
  • USD/SEK
  • Some more alternatives

Raw materials & precious metals

ATFX offers the opportunity to invest in crude oil, the black gold. One can trade oil by buying and selling commodity-based oil ETFs. Such an investment is particularly rewarding as crude oil is a highly liquid asset that is affected by global supply and demand cycles. For crude oil, spreads are 2.0 and 3.0 pips respectively.

The daily trading volume of spot gold and silver is enormous, similar to Forex, so that one can benefit from the extensive liquidity and the associated investment opportunities at ATFX.

Due to the low liquidity, which is associated with high volatility, the opportunity to open positions and take advantage of the opportunities of the market opens up – regardless of whether the gold price rises or falls. The market for precious metals is open 5 days a week, 23 hours a day. The ATFX platform allows trading of precious metals with a leverage of up to 1:20.

Step by step guide ATFX

Step 1: The registration

To open your own account, follow the step-by-step instructions that guide you through the registration process. After providing some personal information, you will receive an account with which you can access the trading platform.

(However, we advise registering with our test winner eToro. More on this later in this article)

Alternatively register with eToro

Your capital is at risk.

Step 2: The deposit

As soon as the account has been created and you have verified yourself, it is time for the first deposit. At ATFX, every user can choose from various options. Either via bank transfer or by credit card.

Step 3: The trade

To be able to start trading after making a deposit, you first have to choose an investment option and an asset. Then you select the desired options and the quantity and confirm the transaction. A short time later, the trade will be visible in the profile.

ATFX: Fees & Costs

In order to be able to start trading with the real money account, a minimum deposit of 250 euros is required. The broker does not charge any commissions for the execution of orders, as the customer does not trade directly with the broker. Indirect fees only arise in the form of market-typical spreads, most of which are favourable.

On the platform there is a link to the sub-pages on indices, commodities and forex, where you can access the costs, information on fees and conditions for the asset classes in the form of a table.

Different account models are available to the trader. In our experience, the Edge account offers low spreads, for example, the minimum spread for the EUR/USD currency pair is 0.6 pips. With the normal live account, the spread for this forex pair is from 1.0 pips.

This already makes the broker one of the cheaper providers. A minimum deposit of USD 5,000 is required to use the Edge account. In order to be able to use the Edge account with favourable spreads permanently, the account balance must not fall below the minimum deposit for a longer period of time. For professional traders, there is another alternative account model for spread betting.

  • No trading fee, only spread typical for the market
  • Payout under 100 USD: 5 USD
  • Free deposits and withdrawals

To compare ATFX’s fees with our test winner eToro, let’s take the following example:

  • We buy Bitcoin for €1,000
  • We keep our Bitcoin for 30 days and then sell it again
  • We assume that the rate does not change in the 30 days.

The following fees are charged by eToro and ATFX:

ProvideretoroAlvexo
Depositfree of chargefree of charge
Purchase fees1,9%90 USD
Holding feesfree of chargefree of charge
Sales charges1,9%90 USD
Payment5 USDfree of charge
Total fees42,20€148,09€

Now to eToro

75% of private investor accounts lose money trading CFDs with this provider

ATFX: Payment methods

The broker offers various payment channels for deposits and withdrawals. In addition to the conventional options such as credit card payment and bank transfer, you can also use the eWallets Neteller, Skrill and SafeCharge. Payments by credit card and the use of an eWallet are free of charge.

The credit can be expected within 30 minutes. In our experience, bank transfers take 1 to 3 working days. A test shows that the costs incurred depend on the respective credit institution. If the withdrawal amount is less than 100 US dollars, the broker charges fees.

Even if no transaction has taken place since the last withdrawal, a fee is due. In order to be able to deposit into one’s ATFX wallet or trading account, a login to the account is required.

Payment methods:

  • Credit cards
  • Paypal
  • Instant bank transfer
  • Skrill
  • Neteller
  • Paysafecard
  • Bank transfer
  • Other

ATFX: Licence and security

The broker ATFX is based in London and is regulated in the UK by the British Financial Supervisory Authority. So you can be sure that it is a trustworthy broker and not a scam.

The security of clients’ investments is taken very seriously by ATFX, and the security of investments is guaranteed in accordance with current EU directives. Clients’ deposits are kept strictly separate from the company’s assets.

Should the broker ever become insolvent, it is not allowed to use client funds to satisfy creditors’ claims. In addition, clients’ deposits are insured for up to GP 50,000, as ATFX is a member of a fund that protects claims of small businesses and private investors in the event of insolvency of financial service providers.

The user accounts of the customers are also protected, because ATFX uses the most modern security procedures. Private data is encrypted several times, suspicious transactions are automatically analysed so that manipulation is not possible.

As a rule, a payout is only possible to the account that was also used for the deposit. If you want to receive a payout to another account, you have to confirm your identity.

However, we recommend our test winner eToro, which has distinguished itself as one of the safest brokers in the past: There has never been a “hack” on eToro.

ATFX: Customer Service, Contact & Support

Within the framework of this review, the customer service was tested for its quality. The evaluation of the support is positive. Customers are very important to the broker, as the quality of the customer support proves. In case of questions and problems, the provider can be contacted quickly and easily.

Customer service can be reached by phone on weekdays from 9 am to 5 pm. Customer service can also be reached via email and live chat. In the live chat, you can expect particularly quick responses, while in our experience you have to wait a day for a reply by e-mail. Customer support can also be reached via the social media Facebook, LinkedIn, Twitter and Instagram.

Contact ways:

  • Phone +49 69 257 367 348
  • E-mail CS.UK@ATFX.COM
  • Live chat
  • Contact form
  • FAQs

The ATFX App

The online broker does not offer its own trading platform, instead you can access the Metatrader 4 platform, which is supported by most online brokers. The Metatrader 4 app is available to all iOS and Android smartphones and tablets.

The application can also be used on the Apple Watch. With the software, traders have access to numerous tools and indicators for chart analysis. The prices are displayed in real time, and the charts can also be displayed in 9 different time frames.

One can also access current news of important market events via the mobile software. The test shows that the use of the software is intuitive and can therefore be used not only by professionals but also by beginners.

MT4 also offers the advantage that once templates have been created, they can be applied to any chart. The best way to download the software is to go to the provider’s website. Conclusion: Trading via smartphone or tablet is a very positive experience.

ATFX: The conclusion

As this review shows, the services of the broker ATFX are quite attractive. Price analyses can be set up via the trading platform. And customers can also use the Metatrader 4 app to access numerous tools that enable them to analyse an underlying.

Customisable real-time charts are also included. With ATFX, in addition to 42 currency pairs (majors, minors and exotics), 50 stock CFDs, commodity CFDs, precious metal CFDs and 13 index CFDs, you can also trade crypto CFDs such as Bitcoin, Litecoin and Ethereum, which is a positive factor in the broker’s rating.

You can find out how high the spreads are via the provider’s website, where all costs and conditions are presented very transparently and are easy to find. ATFX customers can choose between the standard and the edge account.

To use the Standard account, a minimum deposit of 250 USD or EUR is required. For the use of the Edge account, the sum is 5,000 USD or EUR, but you receive more favourable spreads that start at 0.6 pips. The broker does not charge any fees for the execution of orders.

The fact that fraud is impossible with the broker ATFX is guaranteed by the regulation of the British financial supervisory authority. The rating of the broker is okay, you can definitely make great experiences with the trading offer and the conditions.

However, at this point we would rather recommend our test winner eToro, which offers far better conditions: Fee-free stock & ETF trading as well as very low fees for cryptocurrencies.

The advantages & disadvantages of ATFX at a glance

  • Suitable for private & professional traders
  • Low spreads
  • Limited offer
  • Limited supply of cryptocurrencies
  • No 24/7 support
  • No fee-free share trading

ATFX Experience: FAQs

What is ATFX?

The provider is a Forex broker. Here, currency pairs can be traded on the foreign exchange market. Trading with shares or CFDs is also possible.

Is it worth opening an account with ATFX?

ATFX was able to pass our test. All desired currency pairs are available and customers seem to be satisfied with the platform.

How much money should I invest?

The amount of one’s own investment should depend on both one’s own liquidity and one’s own risk appetite. In general, you should never invest money that you actually need elsewhere, as profits can never be guaranteed. Forex trading is also always subject to the risk of losing the money invested.

How long does a payout take at ATFX?

Here, too, the platform is convincing. Withdrawals are processed very quickly and are in your account within a few minutes to 2 working days, depending on the selected withdrawal method.

What are the requirements for me to trade successfully at ATFX?

You should always know what you are investing in. Beginners in particular should therefore first read up on Forex trading thoroughly. Here at Kryptoszene.de, all the information is provided. If you have the necessary know-how, as well as a good feeling for the markets, nothing will stand in the way of early profits.

All trading is risky. No guarantee of profit .Any content on our website is for information purposes only and does not constitute a recommendation to buy or sell. This applies to assets, products, services or other investments. The opinions communicated on this site do not constitute investment advice and independent financial advice should always be sought where possible. This website is available to you free of charge, but we may receive commissions from the companies we feature on this website.

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