Brief Understanding Of Atrade
Atrade Clients Trade CFDs On Currency Pairs, Stocks, Indices, Metals, Commodities, Energy And Bonds. In Addition To The Free Demo Account, There Is A Versatile Live Account With Floating Spreads Starting At 0.6 Pips. The Minimum Deposit Is $100. Leverage Is Flexible Up To 1:100. Trading Platforms Such As MetaTrader 4, WebTrader And Atradego Are Available. There Is An Affiliate Program For Individuals And Businesses For Additional Income. Deposits And Withdrawals In ILS And USD Are Mostly Free. Available Payment Methods Include Bank Transfer, Visa And Mastercard.
Atrade Began Operations In 2007. Its Headquarters Is Located In Israel, Where It Is Registered And Holds A Valid Trading License From The Israel Securities Authority. Retrospective Analysis And User Experience Evaluations Indicate That The Company Operates Transparently, With No Documented Failure To Fulfill Its Commitments To Clients Or Any Open Conflicts. However, It Should Be Noted That The Service Is Only Available To Traders From Israel.
The Registration And Verification Process Takes A Considerable Amount Of Time, After Which Users Can Access More Than 100 Assets In Seven Categories, Including CFDs For Currency Pairs, Stocks, Indices, Metals, Commodities, Energy And Bonds. The Minimum Deposit Is $100. If You Have An Account Balance Of $15,000 Or More, You Can Get A Spread Discount, Reducing It By 20-30%, But Not For All Financial Instruments. Overall, The Spread Is Considered Moderate, Especially For Popular Currency Pairs. There Are No Trading Commissions.
In Addition To The Tried And Tested MT4 And WebTrader Platforms, Customers Can Also Access The Atradego Mobile App. All Available Solutions Are Functional And Allow For Fast Trading In Any Strategy Or Method. Leverage Is Important For Currency Pairs And Gold, Up To 1:100, While For Some Other Asset Types Leverage Is Limited To 1:10-1:20.
There Are No Passive Income Opportunities For Copy Trades Or Joint Accounts. Affiliate Programs Are Standard. Training Is Basic, There Are No Comprehensive Analysis Tools Available, Only Monthly Overviews Of Regional Economic Indicators And Contract Expiration Dates.
Customer Support Is Available Via Email And Phone, You Can Also Leave A Request In An Online Chat Or Ticketing System. The Working Hours Of The Support Team Are Not Optimal, But The Quality Of Their Responses Is Highly Rated By Customers. Deposits And Withdrawals Can Be Made Via Bank Transfers And Cards, But Other Methods (e.g. Crypto Wallets) Are Not Available.
Advantages Of Trading On Atrade:
This Broker Offers Over 100 Assets, Including CFDs On 46 Currency Pairs, Including Major, Minor And Exotic Currencies.
The Entry Threshold Is Low. A Real Account Can Be Opened With A Deposit Of $100, And A Demo Account Is Free.
Many Financial Instruments Have Spreads Of No More Than 5 Pips And No Trading Commissions.
Since The Company Has No Restrictions On Trading Styles And Methods, And Can Use A Lot Of Leverage, It Has A High Profit Potential.
There Are Three Trading Platforms To Choose From, All With A User-friendly Interface And A Wide Range Of Features.
Decent Training For Beginners Is Available In Text And Video Formats.
This Broker Is Part Of The International AvaTrade Group And Is Regulated By The Israeli Securities Authority.
Disadvantages Of Atrade:
Lack Of Comprehensive Analytical Tools And Passive Money-making Opportunities.
The Platform Is Only Available To Traders From Israel.
Not The Best Customer Support Hours, Business Hours Are 8:30 To 19:00 (Sunday To Thursday) And 8:30 To 14:00 (Friday).
Trading Account Opening
This Process Consists Of Several Steps.
1 Visit The Broker's Website. At The Top Of The Home Page, Click "Open Account Now".
2 Provide Your Email Address And Phone Number. Create And Enter A Password. Agree To The Privacy Policy. Click "Create Account".
Traders Need To Tell The Broker About Themselves, Their Trading Experience, Financial Ability, And Then Pass The Verification. Next, They Need To Open A Real Account And Deposit At Least $100. Then, Download And Install The Appropriate Version Of MetaTrader 4 Or Atradego Trading Platform And Enter The Registration Details, Including Email Address And Password. After That, They Can Start Trading.
Account Type
There Is Only One Account Type With Common Conditions, So There Is No Need To Consider Multiple Account Options. Leverage Is Set According To Priority And Trading Strategy. It Is Not Recommended For Novice Traders To Use High Leverage; It Is Better To Stick To 1:2-1:10. MetaTrader 4 Is A Tried And Tested Classic Trading Platform That Will Not Disappoint. But, Neither Will WebTrader. Nonetheless, Traders Can Also Give The Atradego Proprietary App, Which Is Designed For Mobile Devices, A Chance. With No Experience, It Is Better To Try All The Above Solutions And Then Decide On The One That Works Best For You.
Account Type:
Demo
The Conditions Of This Account Match The Real Account, But The Trade Is Done Using Virtual Currency (with A Balance Of $100,000).
Standard
Minimum Deposit Is $100 With Spreads Starting From 0.6 Pips; No Trading Commission And Flexible Leverage From 1:2 To 1:100.
Usually, If A Trader Has Never Worked On The Platform, They Will First Sign Up For A Demo Account. It Enables Them To Explore Its Features And Try Strategies Without Financial Exposure. For Beginners, It Is Also An Opportunity To Apply The Theory They Have Learned Into Practice. After That, The Client Opens A Real Account And Starts Trading Under Real Conditions.
Deposits And Withdrawals
Successful Trading On A Real Account Naturally Brings Profit To The Trader.
Funds Can Be Withdrawn At Any Time Through The Corresponding Section In The User's Account On The Broker's Website.
Withdrawals Can Be Made By Transferring Money To A Bank Account (ILS Or USD) And Only To USD (Visa And Mastercard).
The Broker Does Not Charge A Commission On These Transactions Unless The Withdrawal Is Less Than $20. In This Case, A Fee Of $5 Is Payable.
Funds Will Arrive In The Account Within One Hour And Bank Transfer Takes 1-2 Days.
Investment, Options
For Brokers, The Option Of Having Passive Income Is Not Mandatory. Its Main Task Is To Provide The Best Conditions For Active Trading. Atrade Has Been Focusing On This Priority As It Is Actively Developing Its Main Trading Services, But Copy Trading, PAMM Or MAM Accounts Are Not Available.
Referral Program:
It Is Possible To Earn Additional Income Through Referral Programs, Although This Requires Active Efforts. You Must Take The Time To Place The Special Links Provided By The Broker In Various Sources. Everyone Who Clicks On The Link And Registers On The Site Earns A Percentage Of The Transaction Fee To The Owner Of The Link. The More Referrals You Have, The More Active They Are Trading, And The Higher The Amount In Your Account.
Customer Support
Traders May Experience Problems When Trading, Depositing, Or Withdrawing Funds. Or They May Only Need To Clarify Certain Aspects Of The Platform's Operation Or Its Terms. If Responses To Inquiries Are Timely, Clear, And Relevant, It Helps Increase Trader Loyalty. However, If Support Is Not Timely Or Competent, Clients May Become Disappointed With Their Broker And Consider Switching To A Competitor. Atrade's Customer Support Is Available Via Email And Phone, As Well As Online Chat And Ticketing Systems. The Current Schedule Is 8:30 To 19:00 (Sunday To Thursday) And 8:30 To 14:00 (Friday).
