Global TradeATF is an online broker, offering a wide range of underlyings that come from the asset classes forex, cryptocurrencies, stocks, indices, commodities and metals.
At the broker, new clients only need a minimum deposit of 100 euros. Starting at 300 euros, traders even trade with very low spreads .
It is a young platform, born in 2018, based in Limassol, Cyprus. The operator is Hoch Capital Ltd., which has been licensed for CFD brokers through CySEC since 2013.
Accounts for all types of merchants
Global TradeATF offers several types of accounts. With silver and gold accounts, you can trade as little as 100 euros, but the advantage in a gold account is very obvious: traders receive much cheaper spreads and a 25% discount on swap fees. For example, the spread decreases from 2.2 to 1.3 pips.
New clients are served by a personal manager and can use videos and webinars for additional training, receiving first-rate service. In addition, Islamic accounts can be opened.
The third option is the platinum account, which also has very low fees, with a minimum deposit of 300 euros.
In return, Global TradeATF traders get even cheaper spreads of 0.7 pips. The exchange fees are also cut in half compared to the silver account.
Similarly, they can use the alarm function and receive information about course changes very quickly.
Also, traders have the opportunity to use a free VPS for automated trading.
For its part, the platinum account has several execution models, but the broker remains active as a market maker.
This is why no matter how much a trader ultimately deposits, Global TradeATF remains the trading partner and there are no order resubmissions.
Now it is very popular that traders want to keep an eye on their positions, or even open them while on the street.
But, many of the commercial applications are not easy enough to use, are not reliable or do not allow enough functions.
Global TradeATF does not have that problem, as it works with MetaQuotes and therefore allows the use of the MetaTrader 4 application.
This app is easily accessible in the Google Play and App Store software stores .
Thus, users can download the MetaTrader 4 application, but there is no explicit Global TradeATF application.
Although, with the aforementioned app on the Smartphone, you can easily log in with the data used in Global TradeATF and access your account.
The MT4 app also offers a wide range of functions. Traders can use it to carry out detailed chart analysis, open or close positions and thus keep track of their investments at all times.
Of course, the alarms can also be configured so that the operator can react particularly quickly to expected changes.
The tool is as functional and reliable as the desktop version or the WebTrader , which is also offered by Global TradeATF.
Once again, the creators of MetaTrader managed to gain a clear advantage over a large part of the competition in due course.
Global TradeATF’s experience with this app is, of course, also positive.
Integration with MT4
Global TradeATF offers MetaTrader 4 for trading . The trading platform is the industry standard for trading by private clients and is extremely popular and well known.
There are many reasons for using this platform. And it is that even beginners have experience with MetaTrader 4 in Global TradeATF, which confirms the good reputation of the trading platform in the industry.
Above all, chart analysis is possible with MetaTrader 4 at a level that many other trading platforms cannot match.
On the one hand, this is due to the already very good basic equipment, which can also be easily expanded. It includes: 30 indicators, 1000 free user-created and 700 paid indicators, 24 analysis objects and 9 time frames, with a total of 11 order types , additions or execution types.
Also, commercial software is very easy to expand in other ways. For one thing, there are complete packages that can be used for an additional fee.
On the other hand, Global TradeATF traders can search for plugins and other extensions in a very extensive MSQL database and thus easily adapt the trade to their needs. It is also possible to program the relevant extension yourself and even make it available to others.
A great advantage is the combination of great popularity and a relatively common programming language, particularly in relation to automated trading.
With MetaTrader 4, there are so-called bots that can be easily integrated and then traded by the trader. Thanks to the wide dissemination, there are many of these small AutoTraders and even inexperienced traders can find the right ones for them.
Open an account in just a few steps
The broker added a step in which clients can now send copies of the necessary documents.
In this way, verification is much faster and easier . It is also possible to register and deposit money without these documents, but it is best to do the KYC.
Also, opening an account hardly works differently than with other brokers:
In the first step, the merchant is asked to provide their name, email address, and phone number . They can also select a password and determine if they want to receive newsletters and information and must accept the terms and conditions and other legal conditions.
In the second step, the broker checks the address and date of birth .
The third step is the usual questionnaire that brokers must use due to investor protection.
Here he asks the financial situation of the new client to determine if the risk can be assumed by the trade. You also need to assess your knowledge and share your business experience. Your tolerance for risk is also determined. The questionnaire closes with information on tax liability.
In the fourth step, the merchant has the aforementioned option of uploading documents that can be used for verification.
At this point, the agent points out once again what data the documents must contain in order for them to be verified. Passport, ID card or driver’s license are usually adequate .
Likewise, proof of address is required, which must be updated.
The new customer can make a deposit directly. However, you can also skip this point and log in with the data specified in the first step.