ATFX is a global online forex and CFD broker founded in 2017 and headquartered in the United Kingdom. Despite its relatively young age, the broker has expanded rapidly across the Middle East, Asia and Africa, earning a strong reputation among retail traders. For Oman-based traders, ATFX offers access to more than 100 instruments including forex, precious metals, indices, energies and cryptocurrencies, all tradable in USD.
ATFX stands out for its low entry barrier — a minimum deposit of just $50 — and its support for regional funding methods such as local bank transfer, Skrill and USDT cryptocurrency transfers. These options make it practical for Omani clients to fund accounts without opening complex international banking arrangements. The broker also offers Islamic swap-free accounts which are essential for the many Muslim traders in Oman.
With an overall broker rating of 3.9/5, ATFX is considered a reliable, well-regulated broker, though it is not directly licensed by Oman's Capital Market Authority. Omani traders are instead served under ATFX's international entities, which brings both opportunities and regulatory considerations that are discussed in this review.
| 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 account for Muslim traders in Oman, in line with Sharia principles that prohibit earning or paying interest (Riba). The account is swap-free, meaning no overnight interest is charged or credited on open positions. This applies to all forex pairs and metals.
There are no hidden swap charges on the Islamic account for typical holding periods; however, ATFX may deduct a small administrative fee if a position is held for an extended period (often more than 10 days). Omani traders should clarify the terms with the support team before opening the account. To apply, simply select the Islamic option during registration or contact ATFX customer service to convert an existing account. The Islamic account is available on MT5 and cTrader.
| 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 strong choice for Oman traders who want a global, well-regulated broker with modern platforms and flexible funding options. The broker's $50 minimum deposit and Islamic account make it particularly appealing to the local retail market, while USDT deposits offer a fast and cost-effective way to fund a trading account from Oman.
However, ATFX does not have a local CMA license, so Omani traders must be comfortable with regulation from an overseas entity and should confirm which entity will handle their account. Active traders will appreciate the raw spreads on the ECN account, while beginners can rely on the Standard account and copy trading feature. Overall, ATFX is recommended for Omani traders seeking a balanced, credible international broker with competitive spreads and true swap-free options.