ATFX is a global forex and CFD broker founded in 2017, with its headquarters in London, United Kingdom. Despite being relatively young, the broker has grown rapidly and now serves clients across Europe, Asia, the Middle East, and Africa. The brand is backed by a strong corporate group with multiple regulated entities, making it an increasingly popular choice among retail traders, including those in Hungary.
For Hungary traders, ATFX offers a compelling package: a low $50 minimum deposit, both MetaTrader 5 and cTrader platforms, copy trading features, and an Islamic account option. The broker supports several payment methods that are convenient for the Hungarian market, including bank transfer, Skrill, and the USDT stablecoin. This flexibility is particularly valuable for local traders who want to avoid slow and expensive traditional bank transactions.
Hungary's retail forex market has been growing steadily, but local brokers often offer limited products and higher fees. ATFX fills that gap by providing tight spreads, an ECN Razor account, and access to a wide range of instruments. While the EU entity is subject to ESMA leverage restrictions of 30:1 for major forex pairs, ATFX also operates offshore brands that offer leverage up to 500:1 for traders who accept higher risk. Overall, ATFX is a legitimate and well-regulated broker that can serve both beginner and experienced Hungarian investors.
| 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 offers a genuine Islamic (swap-free) account for Hungary's Muslim traders who need to comply with Sharia law. These accounts do not earn or pay interest on overnight positions, which means you can hold trades for extended periods without incurring rollover swap fees. This feature is available on both the Standard and Razor accounts, and the spreads and commissions remain the same as on regular accounts.
To open an Islamic account, simply register a live ATFX account and contact customer support with a request to convert your account to swap-free. The conversion is usually processed within one business day. There are no hidden fees for this account type, though ATFX reserves the right to add a small administrative fee if an account is dormant. Hungary Muslim traders should confirm the swap-free status in their trading platform after conversion to ensure their account is correctly set up.
| 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 is a reliable and competitive broker for Hungary traders who value EU regulation, low minimum deposits, and modern trading platforms. The broker's ability to serve clients under the CySEC licence gives a level of security that many offshore brokers cannot guarantee. The $50 minimum deposit and support for Skrill and USDT deposits make it easy to start trading without unnecessary friction, which is particularly useful for those who want to keep costs low and avoid bank conversion expenses.
The biggest trade-offs are the absence of a Hungarian interface and the 30:1 leverage cap for EU retail clients. Unless you are an experienced trader who actively uses high leverage, the EU entity is definitely the right choice from a safety point of view. If you prefer scalping on raw spreads, the Razor account is excellent; if you are a beginner, the Standard account with no commission will serve you well. Overall, ATFX deserves a rating of 3.9 out of 5 and is recommended for most Hungarian retail traders, especially those trading on MT5 or cTrader.