ATFX

ATFX is a co-brand of a group of entities led by AT Global Markets (UK) Limited, a forex and CFD broker founded on 6 November 2017 and headquartered in London, United Kingdom. The firm operates under multiple regulatory jurisdictions and offers a range of trading accounts tailored to different trader profiles. With a low scam risk score of 20/100 from FXCanary, ATFX is considered a low-risk broker, though user reviews are mixed.

ATFX holds seven licenses from major global regulators: the Financial Conduct Authority (FCA) in the UK (no. 760555), the Australian Securities and Investments Commission (ASIC, no. 418036), the Securities and Futures Commission of Hong Kong (SFC, no. BUM667), the Cyprus Securities and Exchange Commission (CySEC, no. 285/15), the Financial Sector Conduct Authority of South Africa (FSCA, no. 44816), the Securities Exchange Regulator of Cambodia (SERC, no. 040), and the Financial Services Authority of Seychelles (FSA, no. SD093). This multi-jurisdictional oversight means clients in different regions are covered by different regulatory frameworks.

ATFX provides four main account types: Raw Pro, Edge, Raw, and Standard. All accounts require a minimum deposit of $50 and offer maximum leverage of 1:400, though leverage may vary by region due to regulatory limits. The Raw Pro and Raw accounts offer spreads from 0.0 pips with commissions of $5 and $7 per lot respectively. The Edge account has spreads from 0.8 pips with no commission, while the Standard account has spreads from 1.1 pips with no commission. This structure suits both scalpers and long-term traders, though spreads and fees are a point of contention in user reviews.

The broker supports deposits via bank transfer, Skrill, PerfectMoney, and Neteller. Withdrawals are processed through Skrill, Mastercard, bank transfer, and Visa. While some users report fast and smooth transactions, others experience delays, especially when trying to withdraw profits from bonus accounts. The broker's terms and conditions regarding bonuses and withdrawals are a common source of complaints.

ATFX does not fully disclose its range of tradable instruments, but as a forex and CFD broker, it typically offers currency pairs, indices, commodities, and cryptocurrencies. The broker provides web-based and mobile trading platforms, though specific platform names like MetaTrader 4 or 5 are not confirmed in the provided data. Users generally rate the platform as stable and easy to use, with no significant technical issues during trading hours.

Customer support is available via multiple channels, and individual agents like Noxolo, Hlonelwa Soboyisi, and Kagiso receive consistent praise for helpfulness. However, support response times and effectiveness vary, especially when dealing with withdrawal problems. ATFX is targeted at both retail and professional traders, with account options that accommodate different trading styles and capital levels. Its multiple licenses make it accessible to traders in the UK, Australia, Hong Kong, South Africa, and other regions.