Review of ATFX

ATFX is a regulated Forex and CFD broker offering advanced technology, multiple products and services, and tight spreads. It aims to provide simple and fast access to the financial markets via a wide range of CFDs.
By: Charlie Hancox
Charlie Hancox
Alongside his passion for trading, Charlie has represented Great Britain and won national championships as a water polo player, and as… read more.
Updated: Jun 4, 2021
2.5/5 Star rating
17 min read
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With 450 team members in 14 different countries, ATFX has grown into a significant player within the saturated broker space. It offers access to over 200 assets including indices, stocks, commodities, forex, and cryptocurrencies.

Pros & Cons

Pros:

Regulated in various countries
Spread betting and CFD accounts available
Extensive trader education resources suitable for beginners

Cons:

What can I do with ATFX?

Launched in 2017, ATFX is a regulated trading platform that was awarded the “Fastest Growing Forex Broker” Award in the same year. It offers a wide range of CFDs, such as indices, stocks, commodities, forex, cryptocurrencies, and over 200 assets to trade in total. 

ATFX offers full integration with the MetaTrader 4 trading platform and also allows new traders to open a demo account to improve their trading skills and backtest different trading strategies. 

ATFX markets, assets, and options

What assets and products can you trade on ATFX?

ATFX offers a variety of CFD assets to trade, from popular forex pairs such as EURUSD and GBPUSD to top stocks like Apple and Amazon, and indices, commodities, and cryptocurrencies.

ProductOffering
Cryptocurrency4
Forex 44
Indices13
Commodities4
Stocks82
See all trading pairs >

What leverage trading options are there?

ATFX allows leverage up to 30x, no matter the type of account you opt for. However, trading with leverage should be reserved for those with some previous trading experience, as it entails a greater risk of loss.

Product Maximum leverageMargin
Cryptocurrency1:250%
Forex1:300.30%
Indices 1:300.30%
Commodities 1:300.30%
Stocks1:300.30%
See all leverage options >

What are the spreads?

Depending on the type of account you choose and the asset you’re trading, spreads can be as low as 0.05 pips per lot. Overall, ATFX offers competitive spreads with zero commissions. 

ProductMinimum SpreadsMargin Rate
Cryptocurrency40 pipsVariable
Forex0.60 Variable
Indices0.10Variable
Commodities0.05Variable
Stocks0.05Variable
See all spread options >

Fees, limits, and payment options on ATFX

What are the deposit and withdrawal fees, limits, and speeds?

You can both deposit and withdraw on ATFX using E-wallets, credit cards (Visa & Mastercard), and bank transfers.

According to ATFX, withdrawals are free if they are equal to or over $100 or alternatively for the full balance of your account. Otherwise, a fee of $5 will be charged.

Payment methodDepositWithdraw
Credit Cards
– min/max
– fees
– speed
Yes
$100/$35,000 per day
Free
24 hours
Yes
N/A
$5 (if below $100)
1-2 business days
Skrill
– min/max
– fees
– speed
Yes
$100/$10,000 
1.45% + 0.50 EUR 
Instant
Yes
N/A
1.45% + 0.50 EUR 
Instant
Neteller
– min/max
– fees
– speed
Yes$100/ $10,000
1.45% + 0.50 EUR 
Instant
Yes
N/A
1.45% + 0.50 EUR 
Instant
Trustly
– min/max
– fees
– speed
Yes
$100/$10,000
1.50% (minimum 0.80 EUR)
Instant
Yes
N/A
1.50% (minimum 0.80 EUR)
Instant
Bank Wire
– min/max
– fees
– speed
Yes
$100/ N/A
Variable (depending on bank)
2-3 business days
No


See all payment methods >

How much are ATFX’s fees and commissions?

ATFX offers tight, competitive spreads, starting at 0.05 pips. There are no trading commissions either when opening either a Standard or Edge account. Premium accounts charge competitive commissions outside the spread.

Fee typeFee amountCommission
CryptocurrencyNone40 pips
ForexNone0.60
IndicesNone0.10
CommoditiesNone0.05
StocksNone0.05
See all fees >

ATFX trade sizes and limits

ATFX doesn’t openly state its maximum trade limits, but the minimum lot size is 0.01, no matter the account type. This is standard for most CFD brokers.

ProductMinimum tradeMaximum trade
Cryptocurrencies0.01 lotsN/A
Forex0.01N/A
Indices0.01N/A
Commodities0.01N/A
Stocks0.01N/A
See all trade sizes and limits

ATFX trading platform

What devices can I use ATFX on?

ATFX’s WebTrader and MetaTrader 4 (MT4) platform are both available via web, desktop, tablet or mobile app.

  • Desktop 
  • PC
  • Tablet
  • iOS Mobile Devices
  • Android Mobile Devices

Can I use ATFX in my country?

ATFX is available in most countries and territories around the world. The exceptions being Australia, Canada, Japan, Singapore, and the United States for CFD regulatory reasons. Select your country from the list below to see if it is available where you are.

Is ATFX available in my language?

Currently, ATFX provides support in 13 languages, including English, Spanish, Portuguese, and Arabic. Select your language from the list below.

How easy is it to use ATFX?

ATFX offers integration with the popular trading platform, MetaTrader 4 (MT4). The platform features a familiar, user-friendly interface and is generally easy to navigate and use. It is easy to see why the platform is so popular and widely used, as it has an extensive array of tools and features, such as fast trade execution, automatic price entries, and dynamic charting with a nearly unlimited number of chart timeframes and viewpoints.

Whether you are just starting out or a seasoned trader, ATFX has something to offer and it is compatible with all major mobile devices and various operating systems.  

Key features

ATFX offers a wide array of account types, trading options, and tools. Here are some of the platform’s key features:

Demo Account

ATFX’s free demo account offers brand new traders an excellent starting point. The account operates in real-time, replicating the look and feel of an actual live trading account and comes with a $50,000 virtual balance, enabling you to explore and experiment with various trading strategies.

Low Fees

ATFX offers very competitive spreads that start from 0.05 pips and zero commissions. It also has a zero-fee policy for both deposits and withdrawals, while there is also negative balance protection for added peace of mind.

MetaTrader 4 Platform

MT 4 is one of the most popular and widely used trading platforms on the planet and ATFX offers it exclusively. The platform comes with full dynamic charting capabilities, automated trading with the help of Expert Advisors, technical indicators, trading signals, and more.

Security and regulation

Is ATFX safe?

ATFX is registered in Belize, where under state laws it must meet a minimum capital requirement of $500,000, while client funds must also be kept in segregated accounts. 

The platform runs a state-of-the-art safety system through sophisticated firewalls and Secure Sockets Layer (SSL) encrypts to protect data transmitted to and from its servers. In addition, all trading servers are working from SAS 70 certified server centers to ensure the maximum safety of your data as well as transactions. 

Am I and my funds protected?

ATFX is a member of the United Kingdom’s Financial Services Compensation Scheme (FSCS), which protects clients when authorised member firms fail. This means you could be entitled to compensation of up to £85,000 in such a scenario.

ATFX is also a member of the UK Financial Ombudsman Service (FOS), which helps settle disputes between businesses providing financial services and their clients.

Is ATFX regulated?

Yes, ATFX is regulated globally by several authorities to protect you and your funds, including:

  • The Financial Conduct Authority (FCA) in the UK
  • Cyprus Securities and Exchange Commission (CySEC)
  • Financial Services Authority (FSA) in Saint Vincent and the Grenadines. 

Do I have to verify my account with ATFX?

If you want to open a demo account, you won’t have to verify your account. The demo account operates in real-time and allows you to test, develop, and optimise different trading strategies. 

However, if you wish to trade live, you will have to undergo a KYC (Know Your Client) procedure, which requires you to verify your account and private data, including uploading proof of your current permanent residence, a recent photo of yourself, and a copy of your national ID.

Extra information

Educational resources 

ATFX has an entire section dedicated to learning and tutorials. On the main page, under the Learn to trade tab in the Education and Tools section, you can find various resources, including trading webinars and seminars, educational articles, and a trading strategies sub-section reviewing various popular trading techniques used today.

Tools and charting

ATFX integrates the MetaTrader 4 platform, which offers a wide range of tools, including more than 30 technical indicators and trading signals, and dynamic charting which allows you to set up your own parameters and display options to create a tailored trading experience. 

It also comes equipped with different order types like stops, limits as well as automatic price entries, that are designed to give you an edge in the market.

Customer support

Customer support with ATFX is available on a 24/5 basis (Monday-Friday). You can contact ATFX support through the mail, telephone, or via a direct live chat option, so you can resolve all of your inquiries as quickly as possible. 

Our verdict

Originally launched in 2015, ATFX is a regulated CFD broker for professional and beginner traders alike. It offers over 200 CFD assets to trade, including indices, forex pairs, commodities, stocks, and even some cryptocurrencies

It offers three different types of accounts as well as a free demo account, which is combined with full integration of the MetaTrader 4 platform for a powerful offering. The maximum leverage offered to non-professional account holders is only 30x, which is lower than other similar platforms, but this also makes it a safer platform to begin trading with and refine your skills as a trader without blowing up your account.

Although it doesn’t charge an inactivity fee or any deposit and withdrawal fees, it does require a minimum deposit of $100 to start trading live, which is on the higher side among CFD brokers. But, all in all, ATFX is a professional CFD broker with good customer support, decent trading volumes, and great educational resources. 

How to open an account with ATFX

  1. Click the “Start Trading” button on the homepage
  2. Enter your personal details, such as name, email, trading account currency and click “Next”.
  3. Upload your personal identification documents, such as a primary photo ID, secondary ID with your residential address, and a selfie photo.
  4. Enter your financial details, including whether you would like to deposit funds from a credit card or e-wallet.
  5. Answer a few questions about your level of trading experience and knowledge, and acknowledge that all of your information is accurate.
  6. Once your account info is verified you will be ready to deposit funds and start trading live!
Who owns ATFX?
How does ATFX make money?
Do I have to pay tax on ATFX profits?
Does ATFX offer CFD trading?
How do I sell on ATFX?
How do I delete my ATFX account?
How can I short on ATFX?
What if I forget my account password?
Can I transfer from my ATFX account into my PayPal account?
What if ATFX closes down while I have open trades?
Can I access my full trading history on ATFX?
Can I pay in cryptocurrency with ATFX?
Does ATFX offer bonuses?


Fact-checking & references

Our editors fact-check all content to ensure compliance with our strict editorial policy. The information in this article is supported by the following reliable sources.

Risk disclaimer

Invezz is a place where people can find reliable, unbiased information about finance, trading, and investing – but we do not offer financial advice and users should always carry out their own research. The assets covered on this website, including stocks, cryptocurrencies, and commodities can be highly volatile and new investors often lose money. Success in the financial markets is not guaranteed, and users should never invest more than they can afford to lose. You should consider your own personal circumstances and take the time to explore all your options before making any investment. Read our risk disclaimer >

Charlie Hancox
Financial writer
Alongside his passion for trading, Charlie has represented Great Britain and won national championships as a water polo player, and as a budding film director, has… read more.

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