- FCA UK regulated
- Segregated client funds
- Commission-free trading accounts available.
- Competitive Spreads
- Spread Betting for UK
- Free VPS (subject to account type)
- Multiple deposit and withdrawal options for free
- Impressive education resources, daily market news & analysis
- Platforms: MetaTrader 4
ATFX has four legal entities regulated by the following financial authorities. It is authorised and regulated by the UK’s Financial Conduct Authority under the name AT Global Markets (UK) Limited, as confirmed on the FCA register below:
Is ATFX safe or a scam
|Investor protection amount||Regulator||Legal entity|
|£85,000||Financial Conduct Authority (FCA)||AT Global Markets (UK) Limited|
|€20,000||Cyprus Securities and Exchange Commission (CySEC)||ATFX Global Markets (CY) Ltd|
|No protection||Financial Services Authority of St. Vincent the Grenadines||AT Solution Limited (ATGM)|
|No protection||Financial Services Commission of Mauritius||AT Global Markets Intl Ltd|
ATFX offers a wide range of account types, all of which have been designed to allow our customers to trade according to their individual needs.
All ATFX UK accounts benefit from free deposits and withdrawals, access to ATFX’s premium online trading course. Negative balance protection applies to Standard, Edge and Premium accounts but is not available for Professional accounts. All accounts are held with ATFX UK, authorised and regulated by the FCA (FRN 760555).
See the table below to determine which account best suits your specific trading requirements.
As a Professional Client you will lose FCA protections
- No-negative balance protection: When classed as a professional client, you’ll have an obligation to honour payments if your account was to fall into a negative balance as they’re not obliged to restrict your account in any way.
- Leverage limits: Retail clients are subject to maximum leverage restrictions up to 30:1. As a professional client these restrictions will no longer apply.
- Restrictions on CFD’s: The regulator has imposed additional measures as well as leverage restrictions as a way of protecting retail clients. All professional clients waive the right to these protections and any future measures would also not apply to you.
- A margin close-out rule: Retail clients trades are compulsorily closed out when the available margin in their account reaches 50%. This rule is not applicable to professional clients for whom ATFX’s margin close out level is 20%.
- Communication: As a professional client they can use more sophisticated market language when they talk to you.
- Best execution: when executing retail client orders, priority is the overall price and the cost of the transaction when giving best execution. As a professional client other factors also apply as speed and the likelihood of execution.
How to open new account at ATFX
This initial registration takes 5-10 minutes and in most cases, the accounts are verified within 1-2 business days.
The five steps of the ATFX account opening as below
The Forex market offers attractive opportunities for traders, but also involves risk. That’s why before diving into Forex trading with a live account, it’s best to open a risk-free Forex demo account. The ATFX Demo Account provides the same Forex trading experience as real accounts. The only difference is that the funds on the Forex demo account are simulated. You don’t trade with real money, so it is completely risk-free.
Pacticing with unlimited demo dollars helps you better understand how to execute trades, as well as your risk exposure.Success or failure in simulated trading bears no relation to probable future results with any live trading that you may choose to engage in.
ATFX offers users the ability to trade on the MetaTrader 4 platform for Windows Desktop (Windows, Linux or Mac), Web and mobile. ATFX doesnt have its own self-developed trading platform, it uses MetaTrader 4, a third-party platform.
With ATFX’s MT4 WebTrader, there is no hassle of downloading and installing the platform. Simply launch the WebTrader and enjoy the user-friendly, intuitive features. It is highly customizable, available in a lot of languages, and has a clear fee report. But it lacks price alerts
Some benefits and advantages, such as the:
The search functions are inconvinient. You can not search by name.
Alerts and notification
You cant set alerts and notifications. This feature is available only on the desktop trading platform.
Portfolio and fee reports
ATFX has clear portfolio and fee reports. You can easily see your profit-loss balance and the commissions you paid. These reports can be found under the History tab. We didnt find a way to download them.
ATFXs MetaTrader 4 desktop platform is almost the same as the web trading platform. One major difference is that you can set price alerts on the desktop trading platform.
It has the same design, is available in the same languages, offers the same order types, has the same search functions, and offers the same portfolio and fee reports as the web trading platform.
Some benefits and advantages, such as :
- Automate Trading with Expert Advisors (EAs)
- View 9 different timeframes and several chart types
- Access over 30 chart analysis tools and 50 different indicators.
- Trade on Forex, Cryptocurrency CFDs, Metals, Indices and Oil.
To set email or mobile notifications, you have to add your email address and mobile MetaQuotes ID (you can find it in the MT4 apps settings). Go to Tools and then Options., then You can add them
Making trades on the go could not be any easier with ATFX’s MT4 Mobile. You can download an application for either Android or Apple devices
Some benefits and advantages, such as :
After you download the MT4 mobile trading platform, you have to access the ATFXGM2-Live server.
ATFX has a great mobile trading platform, we really liked its design and user-friendliness. You will easily find all the features.
The search functions are good. You can search by typing the name of the product or by navigating the category folders.
Alerts and notifications
You can set alerts and notification, it would be much easier if you could set these notifications on the mobile trading platform.
Which trading platform is better for you?
Most seasoned traders will tell you that all they really want from a trading platform is something that is reliable and easy to use, intuitive, and doesn’t crash. Each platform is unique and has its own pros and cons, so it is best to understand what you want in a forex account, and platform before you get started.
How to place a trade at ATFX
You can use the basic order types. You will not find very sophisticated orders like the one cancels the other order. The following order types are available:
There are also order time limits you can use:
- Good til canceled (GTC)
- Good til time (GTT)
ATFX provides multiple options for deposit and withdrawal through bank transfer, credit/debit card, Neteller or Skrill. , free of charge for deposit, 5% of withdrawal amount (minimum 5 USDs) would be charged as a service fee if the withdrawal amount is lower than $100 or withdrawal without trading volume since last deposit.
Deposits and Withdrawals
At ATFX, you can choose from 3 base currencies: EUR, GBP, USD
Deposits What is the minimum deposit amount at ATFX?
The minimum initial deposit is $€£ 500
Does ATFX charge withdrawal fees?
Commissions and Fees
ATFX charges low fees both for CFD and forex. There are also no inactivity fees.
|Leverage||Up to 1:30||Up to 1:30||Up to 1:30||Up to 1:400|
|Spreads||From 1.0 pip||From 0.6 pip||Raw Spreads from 0.0 pips||From 0.6 pip|
|Lot Size||From 0.01||From 0.01||From 0.01||From 0.01|
Bonuses and Promotions
There are two bonuses, you can get
- US$100 Welcome Credit
- Earn Cash Rebates To Trade for Standard Account
Steps to Gain Your Credit
1/ US$100 Welcome Credit
“ATFX provides additional trading features such as 3 indicators from Trading Central for the MetaTrader 4 platform, access to a trading signal site and free VPS. However, these are only available for certain account holders.”
Trading Central Analysis
Both Premium and Professional Account holders have access to advanced trading features from Trading Central.
Some benefits of Trading Central:
VPS (Virtual Private Server)
Professional, Premium and Edge Account holders also get access to a free VPS to have their trading platforms running on a virtual computer 24/7. These account holders also get access to a 1-on-1 Skype session with the broker’s Chief Market Analyst.
ATFX provides trading ideas. The trading ideas are based on technical indicators.
ATFX has OK charting tools. You can use 31 technical indicators and other technical tools, such as trendlines or Fibonacci retracement.
On the other hand, the design is outdated and some features are hard to use. For example, we had difficulty finding how we could remove an indicator from the chart.
The news feeds are fine The newsfeed is about the moves of technical indicators. On the flip side, more complex news for example about major economic events, are missing.
You can also use a great economic calendar. We liked that the calendar has a filter function where you can filter for countries, data type, and importance.
When your account is approved, the confirmation email includes a platform tutorial video. It helps a lot to get familiar with the MT4 platform quickly and makes your journey into trading as easy as possible.
Most educational tools can be found if you click on Education on the website.
You can also sign up for different types of webinar sessions. There are usually three occasions per week scheduled. It was a bit confusing that the language of these webinars was German or Italian, and not English.
The broker also provides live webinars, as well as Forex trading seminars and workshops.
Forex Education Centre
We strongly recommend you to visit Forex Education Centre. You can pick high-quality videos, in-depth courses and ebooks; the length and complexity will depend only on your appetite.
ATFX is a trusted online forex broker with regulations from multiple global entities, including the top-tier FCA.
The account opening is easy and multiple options are offered for deposit and withdrawal, which are free of charge. ATFX has low CFD and forex fees, Competitive Spreads on Edge and Premium accounts,No commission on Standard, Edge accounts.
Beside that they offer Free VPS, 1-on-1 Skype sessions with Chief Market Analyst for Edge and Premium accounts, you can access tons of trading tools and educational materials, and the chance to trade wherever and whenever you want.
ATFX has some drawbacks though. The product range is limited to FX, CFDs, and cryptos. The sales team is pushy and fundamental data research is missing.
But overall, ATFX is deserve to have a chance to try.
Yet, we would be glad to know your personal opinion about ATFX, you may share your experience in the comment area below, or ask us for some additional information if required.