ATFX is a global online forex and CFD broker established in 2017, headquartered in the United Kingdom. It has grown into a multi-regulated broker with licenses from the Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), the Financial Sector Conduct Authority (FSCA) of South Africa, and the Securities and Futures Commission (SFC) of Hong Kong. ATFX offers trading in forex, commodities, gold, oil, and cryptocurrency CFDs, as well as real cryptocurrencies.
The broker provides a choice of the popular MetaTrader 5 (MT5) and cTrader platforms, catering to both manual and algorithmic traders. With a minimum deposit of $50, a maximum leverage of 1:500, and a range of account types including Standard, ECN/Raw, Islamic/swap-free, PAMM, Micro, and Copy trading, ATFX aims to serve a broad spectrum of traders from beginners to professionals. It also emphasizes safety with segregated client funds and negative balance protection.
ATFX is a global online forex and CFD broker established in 2017, headquartered in the United Kingdom. It has grown into a multi-regulated broker with licenses from the Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), the Financial Sector Conduct Authority (FSCA) of South Africa, and the Securities and Futures Commission (SFC) of Hong Kong. ATFX offers trading in forex, commodities, gold, oil, and cryptocurrency CFDs, as well as real cryptocurrencies.
The broker provides a choice of the popular MetaTrader 5 (MT5) and cTrader platforms, catering to both manual and algorithmic traders. With a minimum deposit of $50, a maximum leverage of 1:500, and a range of account types including Standard, ECN/Raw, Islamic/swap-free, PAMM, Micro, and Copy trading, ATFX aims to serve a broad spectrum of traders from beginners to professionals. It also emphasizes safety with segregated client funds and negative balance protection.
ATFX is well-suited for traders who value regulatory oversight and a range of account options. The brokerβs availability of Islamic/swap-free accounts makes it a strong choice for traders following Sharia law. The presence of PAMM and Copy trading accounts appeals to those who wish to invest passively or mirror successful traders. The Micro account is ideal for beginners or those wanting to trade with smaller position sizes, while the ECN/Raw account targets more experienced traders seeking tight spreads (though actual spreads are not specified here).
However, ATFX may be a weaker fit for traders who rely on TradingView for charting or who wish to trade stocks and ETFs, as these are not offered. Also, those seeking very low minimum deposits (below $50) may need to look elsewhere.
ATFX is regulated by several major financial authorities, including the UKβs Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), the Financial Sector Conduct Authority (FSCA) of South Africa, and the Securities and Futures Commission (SFC) of Hong Kong. This multi-regulatory framework means that clients may be protected by different tiers of oversight depending on their region, but it generally indicates a strong commitment to compliance and client protection.
For traders, this regulation implies that ATFX must adhere to strict operational standards, including the segregation of client funds (as stated) and negative balance protection. These measures help safeguard client capital and reduce the risk of losing more than your deposit, which is a key safety consideration when choosing a broker.
| Primary regulator | |
| All licenses held | FCA,CySEC,FSCA,SFC |
| Segregated client funds | Yes |
| Negative balance protection | Yes |
ATFX offers a variety of account types, each with its own cost structure. The Standard account likely has no commission but includes a spread markup, while the ECN/Raw account typically charges a commission in exchange for raw spreads. However, specific spread and commission figures are not provided here. The broker does not charge internal withdrawal fees as a rule, and deposits can be made via bank wire, credit/debit cards, and e-wallets like Skrill and Neteller. Withdrawals are processed within 1 to 7 working days.
It is important to note that while ATFX does not typically levy internal withdrawal fees, external banks or payment providers may impose their own charges. Also, the cost of trading will vary based on the account type chosen, with ECN/Raw accounts generally appealing to high-volume traders due to potentially lower spreads.
| Deposit methods | bank wire transfers, credit/debit cards, and electronic wallets like Skrill and Neteller. |
| Withdrawal time | 1 to 7 working days |
| Withdrawal fees | No internal fee typically |
| Inactivity fee | None charged |
ATFX is a solid, well-regulated global broker that offers a diverse range of account types and trading platforms, making it suitable for many different styles of traders, from beginners on Micro accounts to professionals on ECN/Raw. Its strong regulatory framework and safety measures like segregated funds and negative balance protection add to its credibility. However, the lack of TradingView, stocks/ETFs, and a relatively high minimum deposit may deter some potential users. Ultimately, ATFX is a reliable choice for forex and CFD traders who prioritize regulation and flexibility, but those seeking a broader asset range or lower entry barrier may want to consider alternatives.