Make a direct deposit via your mobile banking app or online banking platform. Upon registration you will receive the AT Global Markets SA (Pty) Ltd bank details. Please use your trading account number as beneficiary reference. Please send proof of payment to support.sa@atfxafrica.com

In order to make an instant EFT or process your credit or debit card payment to AT Global Markets SA (Pty) Ltd, please login to the client portal above and select “Deposit” on the online portal. Once the transaction is approved the funds will be allocated to your MT5 account.

*It is essential to stay vigilant and be cautious when dealing with requests for deposits or financial transactions. AT Global Markets SA (Pty) Ltd will never ask for deposits via social media platforms.

As the standout advantage of trading CFDs, you can immediately realize profits. Investors, in turn, have lesser risks of potential loss when the markets are mostly bearish.

Like all forms of trading, always not that you are still exposed to some risks while trading CFD. Choose a trading style that you are comfortable with and one that will still keep your bankroll manageable if your price prediction does not materialize.

Here are some practical trading styles you can use to make consistent profits while having manageable risk exposure.

1. Day trading CFDs

Day trading is a trading choice where investors only keep positions running for a maximum of a day. Most traders may also open and close positions on one instrument multiple times within one trading session. Day trading works best with more volatile price action on a liquid instrument. Because of cost implications, the best CFD broker offers low transaction charges

Short-term traders give priority to CFDs because speculative trades only need a small price movement for there to be profit opportunities. Because of the hunt for small price differences, short-term traders rely on technical analysis more than fundamental analysis. They focus more on the price trend than the company’s actual performance or currency.

A common variation of day trading is scalping. It is very short-term and can have positions that only remain open for seconds. You can trade CFD with small, consistent profits, which add up to a substantial amount if you stay focused.

The rationale behind closing the losses as soon as they occur is that, hopefully, the winning trades will cover the losses.

Day trading and scalping are high-probability trading techniques that bear minimal risk. Use them with tight stops and clear profit objectives always. Consider them as a trick to make 100 trades to get $100.

2. Position trading

Position trading of CFDs requires a long-term approach to how the investor determines the likely price movement. Position trading, unlike scalping, gives the long-term price trend higher priority than how the market fluctuates in the short term.

For example, the bullish trader will keep a position open even if the day is closed on a bearish note. The strategy prescribes making more significant gains over a more extended period as long as a stop loss is not hit.

The fundamental analysis of picking the trades involves more profound research into the underlying companies’ financial performance and management track record. It involves more news-tracking than short-term strategies.

To get started, use the charts to find the trend direction and strength. It is more profitable to trade CFDs in the direction of the trend. Place the trade and keep monitoring open positions to guard against trend changes.

Long-term trades attract margin costs

Margin interest is the cost of borrowing money from a broker to trade, and it accrues daily based on the amount of margin used by the trader.

Trading CFDs with a long-term perspective, therefore, has some cost implications. CFDs are margined instruments that will attract interest over the duration you hold the positions. When a trader holds a long-term position, they are essentially borrowing funds from their broker to maintain the position until they decide to close it.

As long as the position remains open, the trader will be charged margin interest on the borrowed funds. The amount of margin interest charged is typically calculated based on the size of the position and the amount of time that the position is held open.

Always incorporate the margin costs into the trading strategies to judge whether some trades will be profitable.

An excellent way to compensate for the daily interest is to invest a higher ratio of your trades in CFD stocks with a strong trend. The price changes will cover the interest charges.

Qualities of a good trading system

If you still feel unsure about your trading strategy, consider using the following 4 characteristics to test if it is good.

• Pick trades that have a higher reward per dollar risked.
• Have a reliable way of identifying entry points.
• Have a steady rule to exit running trades. This should apply to winning and losing threads. (You should cut losing trades early enough to avoid wiping out your account.)
• Select lot sizes that will not adversely affect your balance if you have a few bad trades.

Regardless of the system, always confirm how much you can lose with a single trade, as CFDs are leveraged products. When setting a profit target, set a reasonable stop-loss distance. Your stop-loss distance should be at least half the number of pips you set as the take profit.

Once you have logged into your Client Portal, click on the “Trader Dashboard” tab. You will then see a button that says “Withdraw”. Click on this button, and you will be taken to a form where you can enter the details of your withdrawal.

You can fund your account using secure payment methods such as bank transfer, card, or instant EFT. Your funds are held in segregated third-party bank accounts, ensuring they are kept safe and separate from company funds.

No, ATFX does not charge any fees on deposits or withdrawals, so you can fund and access your money without extra costs.