ATFX Review: Regulation, Spreads & Leverage
STP/ECN broker based in United Kingdom with MetaTrader 4, a $100 minimum deposit and leverage up to Leverage 400: 1.
- STP/ECN
- Leverage 400: 1 Leverage
Your money is at risk
In this ATFX review
ATFX overview: what kind of broker is it?
ATFX is an STP/ECN forex and CFD broker based in United Kingdom, founded in 2017. Regulated by FCA (UK), license number 760555 ; CySEC, license number 285/15 ; FSC, license number C118023331.
Traders get MetaTrader 4, spreads from by region, leverage up to Leverage 400: 1 and a low $100 minimum deposit. New clients can also check the current 50% Forex Deposit Bonus.
Tradable markets include Forex Currencies, Commodities, Indices, Stocks, Bonds, Futures.
ATFX broker specifications
Company and regulation
| Broker | ATFX |
|---|---|
| Regulated by | Regulated by FCA (UK), license number 760555 ; CySEC, license number 285/15 ; FSC, license number C118023331 |
| Type of broker | STP/ECN |
| Country | United Kingdom |
| Foundation year | 2017 |
| Website | Visit ATFX website |
| Website languages | English, Spanish, Portuguese and More |
Trading conditions
| Minimum deposit | $100 |
|---|---|
| Maximum leverage | Leverage 400: 1 |
| Minimum spreads | by region |
| Base currencies | EUR, GBP, USD |
| Tradable instruments | Forex Currencies, Commodities, Indices, Stocks, Bonds, Futures |
| Hedging / scalping | Allowed |
| News trading | Allowed |
| Trading in public | Yes |
Bonus and promotions
| Current promotion | 50% Forex Deposit Bonus |
|---|---|
| Welcome bonus | 50% Forex Deposit Bonus |
| Standard no deposit bonus | No |
Contact details
| Telephone | Taiwan 0080 112 7901 Philippines +63 (2) 231 2270 Malaysia 1-800-813-690 Thailand 1-800-012-752 Vietnam +84 284 458 1666 Mexico +52 (55) 2881 6852 Korea 007 981 420 302 10 |
|---|---|
| cs.gm@atfx.com | |
| Fax | Not available |
| Head office | 1st Floor, 32 Cornhill, London EC3V 3SG. United Kingdom |
ATFX bonus
ATFX promotes a 50% Forex Deposit Bonus for new traders. It is a simple way to test the broker's MT4 execution, spreads and withdrawal process before you add more of your own money.
How to claim the ATFX bonus
- Open a live account through the Visit Broker button.
- Verify your email, phone number and identity (KYC).
- Request the bonus from your client area or from support.
- Trade the required volume, then withdraw your eligible profit.
Bonus terms (required lots, time limit and withdrawal rules) can change at any time. Always read the latest conditions on the ATFX website before you claim.
ATFX pros and cons
Pros
- Regulated: Regulated by FCA (UK), license number 760555 ; CySEC, lic…
- 50% Forex Deposit Bonus for new traders
- Low $100 minimum deposit
- Spreads from by region, STP/ECN execution
- MetaTrader 4 on every device
- Islamic, VIP and managed accounts
Cons
- Bonus comes with trading-volume rules
ATFX account types
ATFX offers several account options so beginners and experienced traders can both find a fit. All live accounts start from a $100 deposit.
| Free demo account | Yes – practise with virtual money |
|---|---|
| Mini account | No |
| VIP account | Yes – for high-volume traders |
| Islamic (swap-free) | Yes – no overnight swap charges |
| Managed account | Yes |
| Segregated client funds | Yes |
ATFX trading platforms
ATFX runs on MetaTrader 4, which gives you advanced charts, more timeframes, an economic calendar and support for expert advisors. Web trading and mobile trading are both available.
ATFX deposit and withdrawal methods
The same 4 methods work for both funding and withdrawals, which makes cash-outs simpler because you can usually withdraw the way you deposited.
Banks and cards
E-wallets
Is ATFX safe and legit?
ATFX is a regulated broker. Regulated by FCA (UK), license number 760555 ; CySEC, license number 285/15 ; FSC, license number C118023331. The broker says client money is kept in segregated accounts, separate from company funds.
Our verdict on safety
ATFX is a legitimate licensed broker. Start small, test a withdrawal early and use sensible leverage.
About ATFX
A global award-winning forex broker, ATFX was established with the aim of providing a robust online trading platform for retail traders interested in trading, forex, cryptocurrency, precious metals and energy CFDs. Today, the company, headed by an elite management team, has a global presence and offers a wide range of trading products.
To ensure a seamless trading experience, the company offers MetaTrader 4, the most popular trading platform in the world, while connecting MT4 with the top liquidity providers with the latest bridging technologies. Due to its client-focus, ATFX also offers free access to market research, courses for all levels of trading, from novices to advanced levels, 24/5 live help and customer support, and highest level of protection for traders.
Country Restrictions
The broker does not provide services to residents of USA (United States of America), Canada (Provinces of British Columbia, Saskatchewan and, Quebec), and DPRK (Democratic People’s Republic of Korea). Also include Trinidad, Yemen, Tunisia, Vanuatu, Tobago, and Sri Lanka. It also includes Bosnia and Herzegovina, Syria, Cuba, Iran, Iraq, Sudan, Japan, Turkey, and Ethiopia. So it’s good to confirm before choosing that ATFX is available in your country.
ATFX account types
The forex broker offers Demo, Standard and Edge account. The Demo account is free and useful for new forex traders, they provide 100,000 USD virtual money to practice virtual market trading. The broker offers a fast and straightforward demo account opening opportunity.
Standard account
ATFX offers standard account that works as “Low Market Entry” account. This account minimum deposit is $100 and low spared start from 0.5 pips. The maximum leverage is 1:4 while the margin call is set 100%.
Edge account
ATFX edge account for professional and expert traders. The account comes with a big deposit from standard account. The minimum deposit is $500 but spared is same as standard account that starts from 0.5 pips. Also, the leverage and margin are the same as the standard account. This account allow to negative balance protection, scalping, hedging, and EAs.
To choose the edge account a client has to keep min $5,000 in the account.
Trading Platforms
ATFX the broker offers only MetaTrader 4 trading platform. The trading platform is available for iPhone, android, web trader and PC. This platform is allow automatic trading with EAs and user-friendly features. All of device version offers Windows-based platform, one click trade execution, news and chart, user friendly trading platform, good trading interface and more opportunities. All are versions are downloadable and free to use.
Mobile trading
ATFX mobile trading is very user friendly. It works faster than others. You can choose for both iOS and Android version. This trading platform interface is similar with others. You should find excellent charting options, trading features and technical indicators.
Deposit & Withdrawals options
ATFX offers straightforward and time-efficient trading and funding options also. The brokers offer highly efficient, and secure funding options that easy to use. ATFX offers multiple funding options for both deposit and withdraw.
The broker offers fees free deposit but you have to pay if you deposit more than US $1,000 with local banks. All deposit methods are available to instant deposit without the local bank, it can take up to 3-7 business days.
The deposit methods are: -
Credit/debit cards (Visa and master), Electronic payment (Netteler, skrill and NganLuong), local bank transfer, and bank wire transfer.
The withdraw options are the same. Electronic payment (Netteler, skrill and NganLuong) process time is instant, Electronic payment (Netteler, skrill and NganLuong) process time depend on bank processing time, the local bank transfer process time is 2 working days and the bank wire transfer can take up to 3-7 business days.
Trading instruments
The broker offers multiple trading assets and instruments include forex, precious metals, cfd shares, crude oil CFDs, and index CFDs.
Currency trading
In the currency trading market, the broker offers 43 currency these pairs are
Majors
AUD/USD NZD/USD USD/CAD EUR/USD USD/JPY GBP/USD USD/CHF
Minors
GBP/AUD GBP/CAD GBP/CHF GBP/JPY GBP/NZD NZD/CAD NZD/CHF NZD/JPY AUD/CAD AUD/CHF AUD/JPY AUD/NZD CAD/CHF CAD/JPY CHF/JPY EUR/AUD EUR/CAD EUR/CHF EUR/GBP EUR/JPY EUR/NZD
Exotic
EUR/HUF EUR/PLN EUR/TRY USD/RUB USD/TRY USD/SEK USD/ZAR USD/CNH USD/HKD USD/SGD USD/CZK USD/DKK USD/HUF USD/MXN USD/NOK USD/PLN
Precious Metals
XAU/USD London Gold (spot contract) and XAG/USD London Silver (spot contract)
Crude Oil CFDs
USOILmonth/YY* US Crude Oil Future Contract, that means USOILJLY16 means USOIL of 2016.7.
Index CFDs
CHI50, HK50, AUS200, EU50, FRA40, GER30, JP225, UK100, US30, SPX500 and NAS100.
Shares CFDs
Apple, Inc, American International Group, Inc, Amazon, American Express Company, Boeing Company, Alibaba Group Holding Limited, Bank of America Corporation, Cisco Systems, Inc, Chevron Corporation, eBay Inc, Ford Motor Company, Facebook, Inc, FedEx Corporation General Electric Company, General Motors Company, Alphabet Inc Class C(Google), Goldman Sachs Group, Inc, Hewlett-Packard Company, International Business Machines Corp, Intel Corporation, Johnson & Johnson, JP Morgan Chase & Co, Coca-Cola Company, MasterCard, Inc, McDonald’s Corporation, Microsoft Corporation, Netflix, Inc and more.
ATFX Promotions
The broker promotion depends on country restriction. Usually, the broker offers $100 USD welcome credit promotion for new join.
Education
The broker doesn’t provide any education. But you can find some basic guide that combine in the “Basic Knowledge of Forex” section. They provide some short intro about what is forex, Forex quotes, and lot, Pip, Leverage and Margin and why you trade Forex. ATFX also provide market outlook, economic colander, authoritative & profound data analysis, seminar and workshops.
Customer Support
The broker providing service over 10 years. Currently they are offering service in 13 languages include English, German, Italian, Arabic, Cantonese, Vietnamese, Thai, Mandarin, Spanish, Uyghur, etc.
Hotline:
China??? 400-1200-143
Korea??? 007 981 420 302 10
Malaysia?? 1800813690
Philippines? 63 (2) 231 2153
Taiwan???0080 112 7901
Thailand?? 1800012752
Vietnam? ?+84 284 458 1666
Email: cs.gm@atfx.com and for Middle East customer cs.uae@atfxgm.com. Disputes/Complaints:complaints.gm@atfx.com, Partnerships:ib.gm@atfx.com
ATFX offers 24/5customer support, they also offer website live chat support
The broker also provide support via most popular social media such as FB, Linkedin Twitter and Instagram.
Who should choose ATFX?
Good fit for
- Traders who want MT4
- Bonus hunters testing a new broker
- Muslim traders needing swap-free accounts
- Scalpers, hedgers and news traders
Think twice if
ATFX FAQ
Is ATFX regulated?
Yes. Regulated by FCA (UK), license number 760555 ; CySEC, license number 285/15 ; FSC, license number C118023331.
What is the ATFX minimum deposit?
The minimum deposit to open a live ATFX account is $100.
Does ATFX offer a bonus?
ATFX currently promotes a 50% Forex Deposit Bonus for new traders. Bonus credit normally has trading-volume and withdrawal conditions, so read the latest terms on the broker's website before claiming.
What is the maximum leverage at ATFX?
Leverage goes up to Leverage 400: 1. High leverage increases both potential profit and potential loss, so most traders use far less.
Which trading platform does ATFX use?
ATFX uses MetaTrader4 (MT4), Web Platform and Mobile.
Does ATFX offer Islamic swap-free accounts?
Yes. Islamic swap-free accounts are available, along with VIP and VIP accounts.
How can I deposit and withdraw at ATFX?
You can use Wire Transfer, Credit Card, Neteller and Skrill.