ATFX is an established global forex CFD brokerage firm with more than 9 offices around the world. It has been growing at a rapid pace since it first entered the Asian region, and no sign of slowing down.
It not only offers spot forex trading, but also many other types of financial products such as indices CFD, oil CFDs and cryptocurrency trading (bitcoin, litecoin, ripple, ethereum) via its online trading platform
Its online trading platform also comes with the most widely used tool amongst the forex industry, that is the Metatrader 4.
Since its introduction in 2005, MetaTrader 4 (MT4) has become the most widely used trading platform by forex traders worldwide. Its developer, MetaQuotes Software, has continuously been making improvements to the platform, to make it more powerful and secure, and to add to its already impressive range of features.
Once MT4 has been downloaded and set up in the trader’s computer, the trader immediately has access to live price data from the forex markets. In addition, Traders can also retrieve historical price data from the MT4 Historical Center that they can use to backtest his strategies and determine their effectiveness. This will no doubt help traders to succeed in the long run as they can test their own unique trading style. The software itself also allows you to build code yourself so if you want to customize your own unique setting you can do so within the tools
In addition, there is also a big assortment of technical indicators programmed into Metatrader 4, ranging from simple Moving Averages to sophisticated Bollinger Bands. These indicators help in identifying the trend, entry and exit points, volumes and risks.