ATFX review

Spread from

0.0 pips

EUR/USD spread

Approx. 1.8 pips, Standard

GBP/USD spread

Approx. 2.0 pips, Standard

Commission

$0 Standard; commission applies on Raw/Premium pricing

All-in cost, EUR/USD

Approx. 1.8 pips, Standard

Spread type

Variable

Overnight swap

Both: overnight swaps may be charged or credited

Inactivity fee

$/€/£10 per month after 12 months inactivity

Deposit fee

None internally

Withdrawal fee

Generally none internally; banking/payment-provider charges may apply

Currency conversion

Conversion at applicable exchange rate

Cost is where brokers in the same regulatory bracket actually differ.

A quoted spread from 0.0 pips is a raw-spread figure, which almost always means a separate commission per lot. Compare the two together - a "zero spread" account with a high commission can cost more than a wider spread with none.

Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.

ATFX lists a minimum deposit of $0. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.

Markets

Forex, Shares, Indices, Commodities, Metals, Energies, Cryptocurrencies, Futures CFDs

Currency pairs

40+

Total instruments

300+

Crypto CFDs

Yes

Maximum leverage

1:400

Execution model

Market maker / principal with liquidity-provider execution

Execution speed

Under 100ms

Order types

Market, limit, stop, stop-loss, take-profit, trailing stop

Servers

London and global financial data-centre infrastructure

Leverage up to 1:400 is available on this entity. High leverage does not increase your expected return - it increases position size for the same deposit, and shortens the move needed to close you out.

ATFX covers forex, shares, indices, commodities, metals, energies, cryptocurrencies, futures cfds. A wider range matters less than depth in the instruments you actually trade.

Funding options: visa, mastercard, bank transfer, skrill, neteller and regional e-wallet/payment methods. Check withdrawal routes as well as deposit ones - they are often not the same, and the difference only becomes apparent when you try to take money out.

Platforms

MetaTrader 4, MetaTrader 5, WebTrader

Own platform

No

Mobile app

Third-party

Browser trading

Yes

Automated trading

Yes, MT4/MT5 Expert Advisors and automated trading

Copy trading

Yes

Indicators

30+ MT4; 38+ MT5; custom indicators supported

Third-party tools

Autochartist, Trading Central, MetaTrader 4, MetaTrader 5

API access

Yes, institutional/FIX API through ATFX Connect

MetaTrader 4 remains the most widely supported platform for expert advisors. If you rely on an existing EA, this is usually the deciding factor.

MetaTrader 5 handles more asset classes and order types than MT4, but expert advisors are not compatible between the two - an MT4 EA will not run on it.

Regulated by

FCA (760555); ASIC (418036); CySEC (285/15); Hong Kong SFC (BUM667); South Africa FSCA (44816); Mauritius FSC (C118023331); Seychelles FSA (SD093); UAE CMA (20200000078); Cambodia SERC (040)

Regulator tier

Tier 1

Register entry

FCA Financial Services Register, FRN 760555

Client money segregated

Yes

Held at

Reputable regulated banks

Negative balance protection

Yes for eligible retail clients

Compensation scheme

FSCS up to £85,000 for eligible UK clients; ICF up to €20,000 for eligible CySEC clients

Audited by

Independent external auditors

Not available to

United States, Canada, Japan, North Korea, Iran and other jurisdictions where ATFX services are prohibited or restricted

Across a hundred brokers, the licence is what separates the field fastest.

ATFX holds tier-one authorisations from ASIC, FCA and CySEC. That matters more than any headline spread: it determines your leverage cap, whether losses can exceed your deposit, and what happens to your money if the firm fails.

It also operates an offshore entity (FSC and FSA). Which one you are onboarded to depends on where you live, and the two carry very different protections - worth confirming before you deposit.

ASIC caps retail leverage at 1:30, requires negative balance protection, and obliges the broker to hold client money in a separate trust account.

The FCA caps retail leverage at 1:30, mandates negative balance protection, and covers eligible clients under the Financial Services Compensation Scheme.

CySEC licences passport across the EU and follow the 1:30 retail leverage cap, with the Investor Compensation Fund covering eligible claims.

Client money is held separately from the firm's own money, at Reputable regulated banks. That separation is what makes your balance recoverable if the company fails, rather than part of the pool its creditors divide up.

Negative balance protection applies, so a losing position cannot take the account below zero and leave you owing the broker money.

Covered by FSCS up to £85,000 for eligible UK clients; ICF up to €20,000 for eligible CySEC clients, which pays eligible clients up to its limit if the firm fails owing client money.

Check the licence yourself: the FCA Register, ASIC Connect, the CySEC register of investment firms, the SFC public register, the FSCA list of regulated entities, the Mauritius FSC register of licensees, the Seychelles FSA list of regulated entities.

Minimum deposit

$0

Account types

Standard, Edge, Premium, Professional, Raw, Classic, Micro, Islamic/Swap-Free, Demo

Account currencies

USD, EUR, GBP

Islamic account

Yes

Demo account

Yes

Professional account

Yes

Minimum trade size

0.01 lots

Time to open

Typically a few minutes

ATFX runs 9 account types. More choice is not automatically better: the tightest headline spread almost always sits on the account that also charges a commission, so the comparison that matters is the two added together.

Base currencies: USD, EUR, GBP. Holding the account in the currency you fund it with avoids a conversion charge on every deposit and withdrawal - a cost that never shows up in a spread comparison.

The smallest position is 0.01 lots. For anyone starting carefully this matters more than the minimum deposit, because it sets the least you can put at risk on a single trade.

A demo account is available. Worth using for the platform rather than the results: fills are simulated, so it tells you how the software behaves but very little about execution.

Deposit methods

Visa, Mastercard, bank transfer, Skrill, Neteller and regional e-wallet/payment methods

Withdrawal methods

Bank transfer, credit/debit cards, e-wallets and supported original funding methods

Deposit time

Cards/e-wallets usually within 30 minutes; bank transfer credited within 1 working day after receipt

Withdrawal time

Typically processed within 1 business day; receipt varies by payment method

Minimum withdrawal

$/€/£100 for bank transfer; lower thresholds may apply to electronic methods

Local payment methods

Jurisdiction-specific bank transfers and electronic payment systems

Withdrawals are stated at Typically processed within 1 business day; receipt varies by payment method, against Cards/e-wallets usually within 30 minutes; bank transfer credited within 1 working day after receipt for deposits. A gap between the two is normal and not in itself a warning sign - identity checks are a legal obligation, not obstruction. What is worth noticing is a withdrawal that keeps meeting new conditions after those checks are done.

Withdrawal routes: bank transfer, credit/debit cards, e-wallets and supported original funding methods. Money is usually returned by the route it arrived on, so the deposit method you pick is in effect the withdrawal method you are picking too.

The minimum withdrawal is $/€/£100 for bank transfer; lower thresholds may apply to electronic methods - relevant if you intend to fund the account lightly, since it sets the smallest amount you can take out at a time.

Support hours

24/5

Contact channels

Live chat, email, phone, contact form

Languages

Multilingual

Telephone

+44 203 957 7777

Email

sales.uk@atfx.com

Live chat response

Typically under 2 minutes

Education

Extensive: Trading Academy, webinars, seminars, ebooks, trading courses, platform tutorials and educational articles

Research

Trading Central, Autochartist, market analysis, trading signals, analyst commentary and market news

Support runs 24/5. Round-the-clock cover matters more than it sounds: a position held over a weekend or through an unexpected halt is exactly when you need somebody to answer.

Reachable by live chat, email, phone, contact form. A published telephone number is the one channel that is hard to fake and hard to ignore, so whether there is one says more than the number of channels does.

Languages: Multilingual. Being able to raise a complaint in your own language is worth more than it appears, because complaints are where precision matters most.

Education: extensive: trading academy, webinars, seminars, ebooks, trading courses, platform tutorials and educational articles. Treat broker-published material as an introduction rather than as advice - it is produced by a firm whose revenue rises when you trade more.

Legal entity

AT Global Markets (UK) Limited

Company number

09827091

Headquarters

London, United Kingdom

Founded

2017

Publicly listed

No

Parent company

AT Global Markets Group

Employees

500+

Also trades as

ATFX; ATFX Connect

ATFX is roughly 9 years old. Younger is not worse, but there is less public record to judge it on, so the licence and the protections carry proportionally more weight.

The contracting entity is AT Global Markets (UK) Limited. This is the company you would actually have a relationship with, and it is worth checking that it is the same one named on the licence you are relying on: large brokers commonly operate several, and they are not equally protected.

Part of AT Global Markets Group. A parent adds resources, but the protections that apply to you are the ones attached to the entity that holds your account, not to the group.