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Atfx

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.

3.9/5
Overall Score
Visit ATFX
2017
Founded
UK
Headquarters
$50
Min Deposit
1:500
Max Leverage
44
Forex Pairs

About ATFX

What Is ATFX?

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.

Who Is ATFX Best For?

ATFX is well-suited for traders who value regulatory oversight and a range of account options. The broker’s 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.

Is ATFX Safe and Regulated?

ATFX is regulated by several major financial authorities, including the UK’s 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 heldFCA,CySEC,FSCA,SFC
Segregated client fundsYes
Negative balance protectionYes

Trading with ATFX

Account Types

Standard AccountECN AccountIslamic (swap-free)Demo AccountPAMM AccountMicro AccountCopy Trading

Trading Platforms

MetaTrader 4MetaTrader 5cTraderTradingViewProprietary Platform

Markets You Can Trade

44 Forex PairsIndicesCommoditiesGold & OilCrypto CFDsReal CryptoStocks & ETFs

Fees and Costs Explained

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.

Deposits and withdrawals

Deposit methodsbank wire transfers, credit/debit cards, and electronic wallets like Skrill and Neteller.
Withdrawal time1 to 7 working days
Withdrawal feesNo internal fee typically
Inactivity feeNone charged

Trust and verdict

Pros and Cons

Pros
  • Regulated by top-tier authorities including the FCA and CySEC
  • Offers segregated client funds and negative balance protection
  • Wide range of account types: Standard, ECN/Raw, Islamic, PAMM, Micro, and Copy trading
  • Access to both MT5 and cTrader platforms
  • Supports algorithmic trading (EAs) and hedging
  • No internal withdrawal fee typically
Cons
  • Does not offer TradingView integration
  • No stocks or ETFs available for trading
  • Minimum deposit of $50 may be high for some beginners
  • Withdrawal processing time of up to 7 working days is relatively slow
  • Scalping policy is not specified, which may concern some short-term traders

Trust Signals

1,100
Trustpilot reviews
active
Trustpilot status
9 yrs
Operating since 2017

Frequently Asked Questions

Is ATFX regulated?

Yes, ATFX is regulated by several financial authorities, including the UK's 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 oversight means clients benefit from strong compliance and safety standards.

What is the minimum deposit for ATFX?

The minimum deposit required to open an account with ATFX is $50. This entry point is moderate, making it accessible for many retail traders, though lower than some competitors.

Does ATFX offer an Islamic account?

Yes, ATFX offers an Islamic or swap-free account, which is designed for traders who follow Sharia law and cannot earn or pay interest (swap). This account type eliminates overnight swap charges.

What trading platforms does ATFX offer?

ATFX offers two leading trading platforms: MetaTrader 5 (MT5) and cTrader. Both platforms support automated trading via Expert Advisors (EAs) and allow hedging.

Does ATFX charge withdrawal fees?

ATFX typically does not charge internal withdrawal fees. However, withdrawal processing may take 1 to 7 working days, and external banks or payment providers might impose their own fees.

Verdict

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.

Quick Facts
RegulationFCA,CySEC,FSCA,SFC
Min Deposit$50
Max Leverage1:500
Founded2017
Islamic AccountYes
Copy TradingYes
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Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
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