ATFX is a well-established online broker, with presence in the UK, Cyprus, and the UAE, and their website is available in up to 13 languages. Founded in 2017, the broker offers trading in forex and CFDs on over 100 instruments, including metals, energies, indices, German and U.S. socks, and cryptocurrencies. They also offer spread betting to clients in the UK. The broker provides clients with the MetaTrader 4 platform, useful trading tools, educational resources, and excellent customer support. They are known for good execution speeds, minimal slippage, and very competitive trading fees.
ATFX Review Introduction
In this ATFX review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including ATFX.
ATFX Platforms & Tools
With no trading platform of their own, ATFX provides clients with the most widely used online trading platform, MetaTrader 4 (MT4). MT4 has a user-friendly interface and is loaded with many useful risk management and automation tools. The ATFX MT4 platform is available in the following versions:
- Downloadable and installable desktop application for Mac and Windows computers
- Non-installable WebTrader, which can easily run on Chrome and other modern web browsers, including Firefox, Edge, and Safari
- Mobile trading apps for Android and iOS compatible devices
In addition to the tools in the MT4 platform, the broker also provides additional trading tools, such as Trading Central, Economic Calendar, and Market News.
ATFX Research & Education
ATFX provides a selection of educational materials on their website, including trading videos, an article, and a glossary of trading terminologies. There are over 10 videos that can help beginner traders familiarize themselves with some of the basics of financial trading.
An article on the broker’s website titled, “Basic Knowledge of Forex” can help new traders understand the basic concepts in trading. In addition to the online resources, the broker occasionally organizes offline seminars in various towns.
ATFX Trading Accounts
The broker offers the following account types:
- Standard Account: The minimum deposit is $500, and the spreads start from 1 pip
- Edge Account: The minimum opening balance is $5,000, and the spreads start from 0.6 pips
- Premium Account: It features a minimum deposit of $10,000 and raw spreads that start from 0.0 pips
- Professional Account: The minimum initial deposit is $5,000, and the spreads start from 0.6 pips
ATFX Account Funding
ATFX accepts debit/credit cards, bank wire transfer, local transfers, and online payment processors, such as Skrill, Neteller, and NganuLurong.vn accepted in VND. Some of these methods are only available to specific countries.
ATFX Customer Service
The broker’s customer support services are available in 13 languages, and you can reach them 24/5 via instant web chat, email, and phone calls. You can also reach them on Facebook, Instagram, Twitter, LinkedIn, and YouTube.
ATFX is a brokerage brand owned and operated by AT Global Markets (ATGM), which is a part of the AT Group. They are regulated in two countries. In the UK, ATFX is authorized and regulated by the Financial Conduct Authority (FCA), while in Cyprus and EU zone, they are licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC). The broker also complies with the Markets in Financial Instruments Directive (MiFID) of the European Union.
ATFX Review Summary
ATFX is a regulated online broker that offers forex and CFD trading, as well as spread betting to U.K. clients. They provide quality trading conditions via the MT4 platform, offering competitive trading fees, and fast execution.
It is worth mentioning that some of the trading products and services in this ATFX review may differ or not be available to traders in some countries due to regulations. As brokers terms can change over time, please verify all information is up to date directly from the ATFX broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.