ATFX review

Regulated by

FCA (760555); ASIC (418036); CySEC (285/15); Hong Kong SFC (BUM667); South Africa FSCA (44816); Mauritius FSC (C118023331); Seychelles FSA (SD093); UAE CMA (20200000078); Cambodia SERC (040)

Regulator tier

Tier 1

Register entry

FCA Financial Services Register, FRN 760555

Client money segregated

Yes

Held at

Reputable regulated banks

Negative balance protection

Yes for eligible retail clients

Compensation scheme

FSCS up to £85,000 for eligible UK clients; ICF up to €20,000 for eligible CySEC clients

Audited by

Independent external auditors

Not available to

United States, Canada, Japan, North Korea, Iran and other jurisdictions where ATFX services are prohibited or restricted

A licence is the first thing a fake broker cannot produce, so it is the first thing to check.

ATFX holds tier-one authorisations from ASIC, FCA and CySEC. That matters more than any headline spread: it determines your leverage cap, whether losses can exceed your deposit, and what happens to your money if the firm fails.

It also operates an offshore entity (FSC and FSA). Which one you are onboarded to depends on where you live, and the two carry very different protections - worth confirming before you deposit.

ASIC caps retail leverage at 1:30, requires negative balance protection, and obliges the broker to hold client money in a separate trust account.

The FCA caps retail leverage at 1:30, mandates negative balance protection, and covers eligible clients under the Financial Services Compensation Scheme.

CySEC licences passport across the EU and follow the 1:30 retail leverage cap, with the Investor Compensation Fund covering eligible claims.

Check the licence yourself: the FCA Register, ASIC Connect, the CySEC register of investment firms, the SFC public register, the FSCA list of regulated entities, the Mauritius FSC register of licensees, the Seychelles FSA list of regulated entities.

Legal entity

AT Global Markets (UK) Limited

Company number

09827091

Headquarters

London, United Kingdom

Founded

2017

Publicly listed

No

Parent company

AT Global Markets Group

Employees

500+

Also trades as

ATFX; ATFX Connect

Deposit methods

Visa, Mastercard, bank transfer, Skrill, Neteller and regional e-wallet/payment methods

Withdrawal methods

Bank transfer, credit/debit cards, e-wallets and supported original funding methods

Deposit time

Cards/e-wallets usually within 30 minutes; bank transfer credited within 1 working day after receipt

Withdrawal time

Typically processed within 1 business day; receipt varies by payment method

Minimum withdrawal

$/€/£100 for bank transfer; lower thresholds may apply to electronic methods

Local payment methods

Jurisdiction-specific bank transfers and electronic payment systems

Spread from

0.0 pips

EUR/USD spread

Approx. 1.8 pips, Standard

GBP/USD spread

Approx. 2.0 pips, Standard

Commission

$0 Standard; commission applies on Raw/Premium pricing

All-in cost, EUR/USD

Approx. 1.8 pips, Standard

Spread type

Variable

Overnight swap

Both: overnight swaps may be charged or credited

Inactivity fee

$/€/£10 per month after 12 months inactivity

Deposit fee

None internally

Withdrawal fee

Generally none internally; banking/payment-provider charges may apply

Currency conversion

Conversion at applicable exchange rate

Costs matter less than whether you can withdraw, but an offer that looks impossible usually is.

A quoted spread from 0.0 pips is a raw-spread figure, which almost always means a separate commission per lot. Compare the two together - a "zero spread" account with a high commission can cost more than a wider spread with none.

Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.

ATFX lists a minimum deposit of $0. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.

Minimum deposit

$0

Account types

Standard, Edge, Premium, Professional, Raw, Classic, Micro, Islamic/Swap-Free, Demo

Account currencies

USD, EUR, GBP

Islamic account

Yes

Demo account

Yes

Professional account

Yes

Minimum trade size

0.01 lots

Time to open

Typically a few minutes

Markets

Forex, Shares, Indices, Commodities, Metals, Energies, Cryptocurrencies, Futures CFDs

Currency pairs

40+

Total instruments

300+

Crypto CFDs

Yes

Maximum leverage

1:400

Execution model

Market maker / principal with liquidity-provider execution

Execution speed

Under 100ms

Order types

Market, limit, stop, stop-loss, take-profit, trailing stop

Servers

London and global financial data-centre infrastructure

Leverage up to 1:400 is available on this entity. High leverage does not increase your expected return - it increases position size for the same deposit, and shortens the move needed to close you out.

ATFX covers forex, shares, indices, commodities, metals, energies, cryptocurrencies, futures cfds. A wider range matters less than depth in the instruments you actually trade.

Funding options: visa, mastercard, bank transfer, skrill, neteller and regional e-wallet/payment methods. Check withdrawal routes as well as deposit ones - they are often not the same, and the difference only becomes apparent when you try to take money out.

Platforms

MetaTrader 4, MetaTrader 5, WebTrader

Own platform

No

Mobile app

Third-party

Browser trading

Yes

Automated trading

Yes, MT4/MT5 Expert Advisors and automated trading

Copy trading

Yes

Indicators

30+ MT4; 38+ MT5; custom indicators supported

Third-party tools

Autochartist, Trading Central, MetaTrader 4, MetaTrader 5

API access

Yes, institutional/FIX API through ATFX Connect

MetaTrader 4 remains the most widely supported platform for expert advisors. If you rely on an existing EA, this is usually the deciding factor.

MetaTrader 5 handles more asset classes and order types than MT4, but expert advisors are not compatible between the two - an MT4 EA will not run on it.

Support hours

24/5

Contact channels

Live chat, email, phone, contact form

Languages

Multilingual

Telephone

+44 203 957 7777

Email

sales.uk@atfx.com

Live chat response

Typically under 2 minutes

Education

Extensive: Trading Academy, webinars, seminars, ebooks, trading courses, platform tutorials and educational articles

Research

Trading Central, Autochartist, market analysis, trading signals, analyst commentary and market news