ATFX review and ratings

Established 2017
Location UK Cyprus Mauritius Seychelles
Regulation FCA, CySEC, FSC, SFSA
Offices London, Limassol, Ebene, Mahe
Broker type STP
Leverage up to 1:400 (1:30 for EU clients)
Deposit from 100 USD
Spreads mid  mid
Platforms MetaTrader 4
Instruments Currencies Indices Metals Energies Stocks ETFs
Funding methods Wire Transfer Credit Cards Skrill Neteller Perfect Money Trustly

Company information

ATFX group includes 4 related companies.

ATFX UK - located in the United Kingdom, regulated by the Financial Conduct Authority (FCA).
ATFX CY - located in Cyprus, regulated by the Cyprus Securities and Exchange Commission (CySEC).
ATFX MU - located in Mauritius, regulated by the Financial Services Commission (FSC).
ATFX SEY - located in the Seychelles, regulated by the Seychelles Financial Services Authority (SFSA).

ATFX is also registered and licensed by the Jordan Securities Commission (JSC) in the Hashemite Kingdom of Jordan.

Be aware, UK and CY companies have some trading restrictions because of the European Securities and Markets Authority (ESMA) influence.

Availability

ATFX group accepts clients from all over the world, excluding USA, Canada (British Columbia, Quebec, Saskatchewan), Japan, North Korea.

Distinctive features

Trading instruments

Forex broker offers the following underlying assets for trading.

40+ Currency Pairs Based on major and minor world currencies.
13 Indice CFDs Based on baskets of different blue-chip stocks.
2 Metal CFDs Based on Gold and Silver.
3 Energy CFDs Based on Crude Oil (WTI, Brent) and Natural Gas.
100+ Stock CFDs Based on shares of US, EU and Hong Kong companies.
30+ ETF CFDs Based on exchange-traded funds containing various tradable assets.

Comprehensive review

ATFX is a forex broker with multiple local branches registered around the world, including in the UK, EU, and various offshore jurisdictions. The broker offers high trading leverage for non-EU clients, a large selection of trading instruments, and the familiar MetaTrader 4 (MT4) platform.

ATFX has made a name for itself in the forex broker industry due to the many awards it has received over the years. This includes awards from publications in both Europe, Asia, Latin America and the Middle East, with many of them being from the years 2021 and 2022.

Among the most notable awards ATFX has received is the “Most Trusted Forex Broker - MENA” and “Best Institutional Forex Broker” from Global Forex Awards 2022, and “Best Forex Broker Southeast Asia 2022” from International Business Magazine.

Another thing that stands out about ATFX is the strong focus this broker has on trader education. Among other things, the broker offers educational webinars that cover almost any topic imaginable in trading. This comes in addition to online seminars, trading tutorials, and a number of free trading tools, widgets, strategies and technical indicators.

A large part of these free educational resources are only available to clients once they have registered and gotten access to ATFX’s Trading Central.

As a fun sidenote, we can also mention that ATFX in 2023 launched its own NFT (non-fungible token) collection, depicting bulls in ATFX attire. According to the broker’s website, the NFTs will become part of an NFT Loyalty Program set to launch in South East Asia and Latin America, where the digital art pieces will be given out as rewards to loyal users.

The list of instruments that can be traded with ATFX includes all of the popular forex pairs, commodities, stock indices, cryptocurrencies, and shares from US, Garman and French listed companies. All of the assets are traded as CFDs, with leverage going as high as 1:400 for global users and 1:30 for EU-based users.

When signing up with ATFX as a new client, traders from the EU can choose between three types of trading accounts, while those in most other regions of the world have only one option.

For EU-based users, the account types are:
– Standard Account, with a minimum deposit of $500, spreads from 1 pip, and no commissions
– Edge Account, with a minimum deposit of $5,000, spreads from 0.6 pips, and no commissions
– Premium Account, with a minimum deposit of $10,000, spreads from 0.1 pips, and commissions from $25 per side

For global users, the only account type is:
– Standard Account, with a minimum deposit of $50, spreads from 1.8 pips and no commissions

To fund a new trading account, clients can use all of the commonly used payment methods such as Visa, MasterCard, Skrill or Neteller, or make a bank wire transfer. Withdrawals of more than $100 or the equivalent in other currencies are processed free of charge, while withdrawals of lower amounts will be charged $5.

Unfortunately, ATFX does not accept deposits and withdrawals with cryptocurrencies.

To reach ATFX’s customer support, EU-based traders can contact the broker’s UK office by phone or email, while global users can contact global customer support via email or a toll-free 1-800 phone number. Live chat via the broker’s website can also be used to reach support in most cases, but ATFX has unfortunately not disclosed its support team’s working hours.

In conclusion, we should mention again that as a fully regulated broker in the EU, ATFX can be seen as a credible forex broker that is safe to use. We also believe the broker has a pretty good selection of trading instruments on the MT4 platform, although spreads on the most popular instruments ideally should have been a bit lower.

Reviews from traders

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(1 vote)
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