Founded in 2017 and headquartered in the United Kingdom, ATFX has grown into a genuinely global online broker serving retail and institutional clients across Asia, Europe, Africa, the Middle East, and Latin America. What started as a forex-focused brokerage has expanded into a multi-asset platform offering Contracts for Difference (CFDs) across forex, metals, indices, energies, shares, and cryptocurrencies. ATFX's growth has been driven by a combination of aggressive expansion into regulated markets and a serious commitment to trading technology. The broker is licensed and regulated by multiple tier-1 and tier-2 authorities, including the UK’s Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), the Financial Sector Conduct Authority (FSCA) in South Africa, and the Securities and Futures Commission (SFC) in Hong Kong. This multi-regulator approach means different legal entities serve traders in different regions, but with a consistent brand promise of transparency and execution quality. ATFX has also invested heavily in client education and research, offering webinars, market analysis, and trading signals, making it more than just a place to execute orders. With a $50 minimum deposit, access to MetaTrader 5 and cTrader, and maximum leverage up to 1:500 for eligible clients, ATFX appeals to both retail traders and high-volume professionals seeking institutional-grade tools and deep liquidity.
| Detail | Information |
|---|---|
| Founded | 2017 |
| Headquarters | UK |
| Regulated by | FCA,CySEC,FSCA,SFC |
| Min Deposit | $50 |
| Max Leverage | 500 |
| Platforms | MT5, cTrader |
| Islamic Account | Available |
| Copy Trading | Available |
| Demo Account | Not available |
| Instrument | Typical Spread | Commission/Lot | All-In Cost | Standard Spread |
|---|---|---|---|---|
| EUR/USD | Check broker | Varies | Varies | Check broker |
| Feature | Available |
|---|---|
| Demo Account | No |
| ECN/Raw Account | Yes |
| Islamic (Swap-free) | Yes |
| Scalping Allowed | No |
| Hedging Allowed | Yes |
| Expert Advisors (EA) | Yes |
| Copy Trading | Yes |
ATFX provides a genuine Islamic account for Muslim traders, designed to comply with Sharia law by having no overnight swap or rollover charges on positions held beyond the trading day. This means your open positions do not incur or receive interest, keeping the account sharia-compliant. ATFX does not charge hidden administrative fees for opening an Islamic account; however, positions held for an extended period — often beyond 14 days — may incur a small administration fee depending on the entity. The account is available across both MT5 and cTrader platforms and can be opened on either Standard or ECN terms. To apply, traders simply need to request conversion via their client area or contact client support, and the swap-free status is applied within one business day.
| Feature | Details |
|---|---|
| Islamic Account Available | Yes |
| Swap Fees | No swap fees |
| Hidden Admin Fees | Verify with broker before trading |
| How to Apply | Contact support after opening standard account |
| Approval Time | Usually same business day |
| Asset Class | Examples | Available | Typical Spread |
|---|---|---|---|
| Forex Major Pairs | EUR/USD, GBP/USD, USD/JPY | All available | Check broker |
| Gold (XAU/USD) | Spot Gold | Available | — |
| Silver (XAG/USD) | Spot Silver | Available | Check broker |
| Oil CFDs | WTI Crude, Brent Crude | Available | $0.03–$0.05 |
| Stock Indices | S&P500, NASDAQ, DAX, FTSE | Available | 0.40 pts |
| Crypto CFDs | BTC, ETH, XRP, SOL | Available | Check broker |
| Shares CFDs | Apple, Tesla, Amazon | Available | 0.02% |
| Broker | Min Deposit | EUR/USD | Islamic | TradingView | Score |
|---|---|---|---|---|---|
| ATFX (current) | $50 | Check broker | Yes | No | 3.9 |
| Pepperstone | $0 | 0.09 pips | Yes | Yes | 4.9 |
| IC Markets | $200 | 0.02 pips | Yes | No | 4.8 |
| Exness | $10 | 0.10 pips | Yes | No | 4.8 |
ATFX deserves its position as a credible, global mid-tier broker. It combines a genuinely multi-regulated structure, competitive trading costs, and a modern platform stack centred on MT5 and cTrader. The $50 minimum deposit is one of the most accessible entry points in the industry, and the separate ECN account with raw spreads will please cost-conscious traders. However, it has some limitations. The complete absence of MT4 is a significant issue for traders with existing MT4-based strategies or expert advisors, and the omission of TradingView integration narrows its appeal to social and chart-based traders. Retail clients under FCA and CySEC face strict leverage caps, so traders in those regions will not be able to fully exploit the advertised 1:500 leverage. The broker is best suited to self-directed traders, particularly those in Asia, Africa, the Middle East, and Latin America, who want a regulated broker with high leverage potential, good liquidity access, and modern tools. Beginners will find the learning centre and demo account useful, but the platform learning curve is steeper than with more beginner-friendly brokers. Taking everything into account — regulation, pricing, platforms, and features — we rate ATFX 3.9 out of 5, with the caveat that the lack of MT4 and a shorter track record prevent it from reaching the top tier.