ATFX Overall rating
Rating | Weight | |
User Rating |
4.0 (1 reviews)
|
3 |
Popularity |
3.7
|
3 |
Regulation |
5.0
|
2 |
Pricing rating |
Not rated
|
1 |
Features |
Not rated
|
1 |
Customer Support |
Not rated
|
1 |
Pros
- Regulated by multiple authorities including CySEC, ASIC, FCA, and others
- High popularity with 139,123 organic monthly visits
- Wide range of instruments including Forex, Crypto, Stocks, and more
- High leverage up to 400:1 with certain jurisdictions
Cons
- No user reviews available
- Not publicly traded
- Does not provide its financials publicly
We tested ATFX using real-money live accounts. Our reviews are unique in that they do not have any bias for or against any broker and are driven purely on the underlying data we compile from live account testing, regulatory data, and opinions from customers. We list all brokers and do not charge a fee for it.
We offer additional visibility for a fee, but our review content cannot be influenced. Read our About Us page to read our editorial guidelines and how we make money.
Trustworthiness & Regulation
ATFX is regulated by several prominent authorities including CySEC (Cyprus), ASIC (Australia), FCA (UK), FSC (Mauritius), FSCA (South Africa), ADGM FRSA (UAE), and JSC (Jordan). This multi-jurisdictional regulation enhances the broker's credibility and provides a level of security for traders.
The broker has not yet garnered any user reviews, which can be a drawback for potential clients looking for user feedback. ATFX ranks 66 out of 827 forex brokers based on our inhouse expert ratings. Its popularity rating is 3.6 out of 5, reflecting a decent level of interest from users in terms of account openings, client activity, and web traffic.
Despite being founded relatively recently in 2015, ATFX has managed to attract a significant number of monthly organic visits, ranking 100 out of 827 forex brokers for organic traffic.
Company | Licenses & Regulations | Segregated Client Money | Deposit Compensation Scheme | Negative Balance Protection | Rebates | Max. Leverage Retail Clients |
---|---|---|---|---|---|---|
AT Global Markets (Australia) Pty Ltd | 30 : 1 | |||||
ATFX Global Markets (CY) Ltd | up to €20,000 | 30 : 1 | ||||
AT Global Markets (UK) Ltd | up to £85,000 | 30 : 1 | ||||
AT Global Markets Intl Ltd | 400 : 1 | |||||
AT Global Markets SA (Pty) Ltd | 400 : 1 | |||||
EMERGING MARKETS | 400 : 1 | |||||
ATFX MENA FINANCIAL SERVICES LLC | 30 : 1 |
Deposit Insurance
ATFX supports various deposit insurance and investor compensation programs under its regulatory frameworks for retail traders opening trading account with CySEC and FCA regulated entities. These include schemes where the regulator compensates investors if an authorized financial firm fails.
Additionaly, CySEC, FCA, and other regulators ensure segregated client funds from operating capital for retail traders, enhancing the security of client deposits.
Spreads and Costs
ATFX offers competitive spreads and costs compared to other market-leading brokers. Its forex average spread of 3.35 pips is in line with industry standards, while its crypto average spread of 18.80 pips is relatively high.
Overall, ATFX's costs are comparable to other brokers when considering all asset classes.
Combined Spread/Commission Costs by Asset Class Compared to Market Leading Brokers
Broker - Account Type | Crypto Average | Forex Average | Indices Average | Commodities Average |
---|---|---|---|---|
ATFX – Classic | 18.80 | 3.35 | 3.89 | 0.26 |
HFM – Premium | 25.46 | 7.48 | 3.92 | 0.20 |
IC Markets – Standard | 9.10 | 3.51 | 3.90 | 0.21 |
XM – Standard | 39.03 | 4.95 | 5.44 | - |
FxPro – Standard | - | 0.98 | 3.24 | - |
Pepperstone – Standard | 12.39 | 2.10 | 2.43 | 0.13 |
Axi – Pro | 13.62 | 2.73 | 1.55 | 0.22 |
Crypto averages comprise (BTCUSD, ETHUSD), forex averages comprise (EURUSD, USDJPY, GBPJPY, EURGBP, AUDNZD, CADCHF), indices averages comprise (US30, AUS200), and commodities average comprises (XAUUSD, XAGUSD). Data is sampled every 10 seconds for 24 hours to calculate the average. Forex is stated in pips, and the others are stated in base currency. All spreads include both spread and commission.
Our data comes from our sophisticated spread analyzer tool, which collects live account information and syncs with our performance analytics system. To compare all brokers and instruments with the latest live data, visit our spread analyzer tool. A spread is the difference between the bid (sell) and ask (buy) price of an asset and can vary widely between brokers and account types.
Some brokers charge higher spreads but no commission, while others charge both, making it crucial to assess the total cost, which includes both spread and commission. Our values reflect this all-in cost. Note that some brokers may set low costs on popular pairs like EURUSD but higher rates on other instruments.
Many brokers also advertise "as low as" spreads that may not reflect the true average or include commissions. Comparing true all-in cost averages across various instruments and asset classes is vital for accurate assessment.
Combined Spread/Commission Costs Compared to Market Leading Brokers
Broker - Account Type | BTCUSD | ETHUSD | EURUSD | USDJPY | GBPJPY | EURGBP | AUDNZD | CADCHF | AUS200 | US30 | XAUUSD | XAGUSD |
---|---|---|---|---|---|---|---|---|---|---|---|---|
ATFX – Classic | 27.39 | 10.21 | 2.05 | 2.63 | 4.72 | 3.28 | 3.85 | 3.57 | 3.98 | 3.80 | 0.48 | 0.05 |
HFM – Premium | 39.13 | 3.61 | 1.78 | 2.51 | 3.95 | 2.13 | 3.81 | 2.99 | 1.41 | 6.00 | 0.32 | 0.04 |
IC Markets – Standard | 15.06 | 3.01 | 0.90 | 1.12 | 2.02 | 1.43 | 2.31 | 1.58 | 1.70 | 0.89 | 0.18 | 0.03 |
XM – Standard | 73.16 | 5.14 | 1.35 | 1.61 | 4.10 | 2.45 | 3.61 | 3.16 | 3.08 | 4.39 | - | - |
FxPro – Standard | - | - | 1.36 | 1.62 | 3.50 | 1.55 | 3.78 | 3.49 | 4.10 | 2.43 | - | - |
Pepperstone – Standard | 19.34 | 3.01 | 0.90 | 1.13 | 2.01 | 1.43 | 2.32 | 1.58 | 1.68 | 0.89 | 0.17 | 0.03 |
Axi – Pro | 25.07 | 2.30 | 0.53 | 1.14 | 1.81 | 0.71 | 1.40 | 1.46 | 1.20 | 2.00 | 0.16 | 0.02 |
Swap Rates/Financing Fees
Swap fees are the cost of holding a trading position overnight. Positive swap rates pay out money, while negative swap rates cost money. Unfortunately, ATFX does not publish its swap rates and we cannot compare it to other industry-leading brokers.
However, it's important to note that some brokers offer very competitive swap rates.
Broker | Best | Average | NZDUSD Swap Short | NZDUSD Swap Long | USDJPY Swap Short | USDJPY Swap Long | XAUUSD Swap Short | XAUUSD Swap Long |
---|---|---|---|---|---|---|---|---|
ATFX | - | - | - | - | - | - | - | - |
HFM | - | -7.43 | -0.14 | -0.15 | -3.58 | 0.00 | 0.00 | -40.72 |
IC Markets | - | -2.27 | -0.10 | -0.14 | -2.59 | 1.25 | 20.78 | -32.84 |
XM | - | -5.29 | -0.15 | -0.19 | -3.73 | 1.12 | 19.67 | -48.45 |
FxPro | - | -4.03 | -0.14 | -0.15 | -3.33 | 1.02 | 19.15 | -40.75 |
Pepperstone | - | -3.00 | -0.14 | -0.14 | -2.70 | 1.30 | 22.99 | -39.29 |
Axi | Best | -1.57 | -0.04 | -0.13 | -2.65 | 1.40 | 20.00 | -28.00 |
Islamic/Swap-free Accounts
Islamic trading accounts, also known as swap-free accounts, are designed for traders who cannot earn or pay interest due to their religious beliefs. These accounts comply with Islamic principles by not charging swap fees on overnight positions.
ATFX offers swap-free accounts for its clients. However, it is recommended to visit the broker's official website for the latest information on requirements and conditions for these accounts.
Other Fees
Aside from spreads, commissions, and swap rates, brokers may charge various other fees. For ATFX, the main additional fees include:
Fee Type | Amount |
---|---|
Withdrawal Fee | Depends on the withdrawal method |
Inactivity Fee | $50 per quarter after 6 months of inactivity |
Comparison to other Brokers
ATFX is a relatively new entrant in the forex market, having been founded in 2015. It offers a wide range of tradable instruments, including Forex, Crypto, Stocks, and more. The broker is regulated by several prominent authorities, including CySEC, ASIC, and FCA, providing a high level of security for traders.
Compared to industry-leading brokers such as IC Markets, HFM, and Pepperstone, ATFX's forex spreads are competitive but slightly higher. Its crypto spreads are on the higher side. However, the broker's leverage options are impressive, with up to 400:1 available for certain accounts. ATFX also provides a high level of negative balance protection, which is a significant advantage.
While ATFX does not have user reviews available yet, its popularity rating of 3.6 out of 5 indicates a decent level of interest among traders. The broker's web traffic is also substantial, with 139,123 organic monthly visits.
In terms of overall rankings, ATFX is positioned at 147 out of 1101 forex brokers based on user ratings and 66 based on expert ratings, which reflects its growing reputation in the industry.
Trading Platforms - Mobile, Desktop, Automated
Platform | Type | Automated Trading | Programming Language | Ease of Learnability |
---|---|---|---|---|
MetaTrader 4 | Desktop, Mobile, Web | Yes | MQL4 | Moderate |
ATFX TeamUp | Mobile | No | N/A | N/A |
ATFX offers the widely-used MetaTrader 4 platform, which is available for desktop, mobile, and web. This platform is renowned for its comprehensive charting tools, a wide range of technical indicators, and the ability to support automated trading through Expert Advisors (EAs) using the MQL4 programming language. The learning curve for MQL4 is moderate, making it accessible for traders with some programming knowledge.
The broker also offers the ATFX TeamUp platform, which is exclusively available on mobile devices. This platform is designed for social trading and does not support automated trading. It is user-friendly and caters to traders looking to follow and copy trades from experienced traders.
What Can You Trade?
Asset Class | Number of Instruments |
---|---|
Forex CFD | 40+ |
Crypto CFD | 11 |
Stock CFD | 130+ |
Stock Index CFD | 13 |
Commodities CFD | 18 |
ETFs | 30+ |
Futures CFD | - |
ATFX offers a diverse range of tradable instruments across several asset classes. These include over 40 forex pairs, 11 cryptocurrency CFDs, more than 130 stock CFDs, 13 stock index CFDs, 18 commodities CFDs, and over 30 ETFs. However, the broker does not offer futures CFDs.
ATFX primarily offers CFD trading, which allows traders to speculate on the price movements of various instruments without owning the underlying asset. This type of trading comes with the benefit of leverage, which can amplify gains but also increases the risk of losses. It's essential for traders to understand the implications of trading CFDs and the role of leverage in their trading strategy.
For a comprehensive list of instruments available for trading, visit ATFX's website.
Available Leverage
ATFX offers different leverage levels depending on the regulatory entity and the type of instrument. For retail clients, leverage is capped at 30:1 under CySEC, ASIC, FCA, and ADGM FRSA regulations.
However, for certain accounts under the Mauritius FSC, South Africa FSCA, and Jordan JSC regulations, leverage can go up to 400:1. It's crucial for traders to understand the leverage offered and its associated risks.
Prohibited Countries
ATFX cannot open client accounts in certain countries due to regulatory restrictions. These countries typically include the United States, Canada, and others as per specific regional regulations. It is advisable to check directly with ATFX for the most current list of prohibited countries.
ATFX Account types
Micro | Raw | Ptremium | ||
Maximum leverage | 400:1 | |||
Mobile Platform | MT4 Mobile | |||
Trading platform | MT4 | |||
Spread Type | Variable Spread | |||
Minimum Deposit | 50 | |||
Minimum Trade Size | 0.01 | |||
Trailing Stops | ||||
Scalping Allowed | ||||
Hedging Allowed | ||||
Islamic Accounts |
Maximum leverage | 400:1 |
Trading platform | MT4 |
Mobile platform | MT4 Mobile |
Spread type | Variable Spread |
Minimum deposit | 50 |
Minimum Trade Size | 0.01 |
Trailing Stops | |
Scalping Allowed | |
Hedging Allowed | |
Islamic Accounts |
Micro | |
Maximum leverage | 400:1 |
Trading platform | MT4 |
Mobile platform | MT4 Mobile |
Spread type | Variable Spread |
Minimum deposit | 50 |
Minimum Trade Size | 0.01 |
Trailing Stops | |
Scalping Allowed | |
Hedging Allowed | |
Islamic Accounts |
Raw | |
Maximum leverage | 400:1 |
Trading platform | MT4 |
Mobile platform | MT4 Mobile |
Spread type | Variable Spread |
Minimum deposit | 50 |
Minimum Trade Size | 0.01 |
Trailing Stops | |
Scalping Allowed | |
Hedging Allowed | |
Islamic Accounts |
Ptremium | |
Maximum leverage | 400:1 |
Trading platform | MT4 |
Mobile platform | MT4 Mobile |
Spread type | Variable Spread |
Minimum deposit | 50 |
Minimum Trade Size | 0.01 |
Trailing Stops | |
Scalping Allowed | |
Hedging Allowed | |
Islamic Accounts |
ATFX Web traffic
Our web traffic data is sourced from SimilarWeb and sums the traffic data of all websites associated with a broker. Organic visits are visits the broker didn't pay for, based on the available data. This data updates once monthly and can be based on data purchased from internet service providers, traffic metrics sourced by a third party such as Google Analytics that the company chooses to share with SimilarWeb, etc.
Websites |
atfx.com
|
Organic monthly visits | 179,213 (100%) |
Organic traffic rank | 93 out of 827 (Forex Brokers) |
Paid monthly visits | 889 (0%) |
Total monthly visits | 180,102 |
Bounce rate | 55% |
Pages per visit | 2.51 |
Average visit duration | 00:04:02.1870000 |
ATFX Profile
Company Name | AT Global Markets (UK) Limited |
Categories | Forex Brokers |
Primary Category | Forex Brokers |
Year Founded | 2015 |
Support Languages | Chinese, English, Malay, Burmese |
Funding Methods | Bank Wire, Credit/Debit Card, Neteller, Skrill, NganLuong.vn |
Financial Instruments | Forex, Shares, Indices, Oil/Energies, Cryptocurrencies, Metals, Soft Commodities (coffee, sugar...) |
Prohibited Countries | Canada, Iran, North Korea, United States |
ATFX User reviews
Newer user ratings have greater impact than older ratings and user ratings have no impact after 5+ years old. The more reviews a company receives, the higher the maximum possible aggregate user rating. After 100 reviews a company can receive the highest rating, which is an average of their user ratings.
ATFX Regulation / Money Protection
Company | Licenses & Regulations | Segregated Client Money | Deposit Compensation Scheme | Negative Balance Protection | Rebates | Max. Leverage Retail Clients |
---|---|---|---|---|---|---|
AT Global Markets (Australia) Pty Ltd | 30 : 1 | |||||
ATFX Global Markets (CY) Ltd | up to €20,000 | 30 : 1 | ||||
AT Global Markets (UK) Ltd | up to £85,000 | 30 : 1 | ||||
AT Global Markets Intl Ltd | 400 : 1 | |||||
AT Global Markets SA (Pty) Ltd | 400 : 1 | |||||
EMERGING MARKETS | 400 : 1 | |||||
ATFX MENA FINANCIAL SERVICES LLC | 30 : 1 |
ATFX Symbols
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