Is TraderATF a Scam?
TraderATF is an online trading platform that offers traders an array of tools and resources to help them succeed. The platform is regulated by the Cyprus Securities and Exchange Commission and offers leverage up to 1:200 for currency pairs. The mobile app is highly intuitive and beginner-friendly. It also includes educational materials and research tools.
Leverage is up to 1:200 for currency pairs
Using leverage can be a great way to boost your trading volume and profits. You can increase the number of payouts you receive per trade and get access to more expensive assets.
Leverage is a form of finance where you borrow funds from a broker. You do not pay any interest on the loan. You can borrow money from your broker to trade Forex using leverage.
Leverage can be useful for traders, especially beginners. It allows you to enter larger trades with smaller deposits. However, there are risks involved. For example, a trader may lose all of their money. This is why leverage should be used carefully.
Leverage also allows you to trade larger volumes without needing as much capital. This can be particularly useful for “scalpers,” who tend to enter and exit the market several times per day.
Spreads are floating
Depending on the type of account you hold with TradeATF, the spread can vary significantly. For instance, the EUR/USD spread can go as low as 0.07 in the lowest account. TradeATF also offers leverage up to 1:200 on certain asset classes.
The spread is an area between the bid and asks prices of a trading instrument. The size of the spread depends on the asset, the broker, and the market. It is also known as the buy-ask spread, the buy-sell spread, or the brokerage commission.
The spread is a marketing gimmick used by many brokers. It is also a good measure of a broker’s expertise. The spread is indicated almost always in the broker’s terminal. It may also be indicated in a mobile application.
The mobile app is highly intuitive and beginner-friendly
Regardless of your trading style, you’ll want to check out the TradeATF mobile app for your trading needs. This MT4 clone boasts a robust arsenal of tools that cover every aspect of your trading experience from one-click trading to seamless trade execution. Moreover, this mobile app is compatible with iPhones and Android devices.
The TradeATF mobile app is also a smart choice if you’re on the go. With the app, you’ll be able to manage your trading activities on the go and make your banking needs a cinch as well. For those on a budget, TradeATF provides a good old-fashioned discount, which goes a long way in the trading world. The TradeATF mobile app is also accompanied by a solid customer support team.
Educational materials and research tools
Considering that a slew of newcomers to the online trading space is popping up every day, a trader has to keep up with the competition. Luckily for them, there are a few online brokers out there that offer an enviable array of trading options. They also have to comply with strict regulatory guidelines and stringent security measures to protect client funds. So if you’re looking for a new place to trade, make sure to do your homework before signing up with a new broker.
In addition to offering a full suite of trading services, TradeATF also provides educational materials, research tools, and the requisite education to boot. The broker even has a mobile trading platform that is a snap to install and use. Moreover, there are several different trading accounts available, each with its own set of pros and cons.
Regulated by the Cyprus Securities and Exchange Commission
Currently, there are more than two hundred investment firms in Cyprus that are regulated by the Cyprus Securities and Exchange Commission (CySEC). This is an independent public supervisory authority. Its mission is to ensure the protection of investors, as well as a healthy development of the securities market.
CySEC regulates brokers, exchanges, investment firms, and collective investment schemes. It also supervises administrative service providers. CySEC operates in compliance with the financial harmonization law MiFID. CySEC is licensed to operate in all 27 European states. It supervises some of the largest retail Forex brokerage brands.
CySEC’s work relies on international cooperation. It has brought in a new structure to tackle consumer complaints. CySEC will request information from companies or individuals and will consult on business activities.