ATFX

ATFX broker review

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In this article, we will introduce to you a relatively young but very reputable broker with a very clear development direction, the ATFX forex broker. Since its establishment, ATFX has oriented itself to become a global broker. So this forex broker is always trying to expand the market in many regions around the world. Let’s review the ATFX floor with us.

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ATFX broker reviews and Licenses

ATFX was founded in 2017, headquartered in London, UK, and is a brand owned by various organizations in many regions such as Africa, Europe, Asia, and the Middle East. After its launch, ATFX quickly received the attention of investors from all over the world. The group has more than 450 members, large and small, operating in 14 countries.
Born with the mission of customers first, ATFX provides investors with an efficient environment to access the financial markets with cutting-edge technology, diverse trading products, and a good educational background.

Only 3 years in the market but ATFX has brought a total of 37 awards. Most recently, ATFX has been honored to receive impressive awards such as “Best News and Analysis Provider 2020”, voted by FXDailyinfo, and “Best Online Trading Service 2020” by ADVFN International. Financial Awards, Rankin Awards “Best Forex Broker 2020”… these awards partly demonstrate the quality of ATFX’s brokerage.

 

An office of ATFX
 An office of ATFX

Regarding legal records

The ATFX brand is owned and managed directly by 4 entities, operating in 4 different regions and all receiving licenses from reputable regulatory agencies around the world.
 
  • AT Global Markets LLC, incorporated in Saint Vincent and the Grenadines, is authorized and licensed by the FSA – Financial Services Authority.
  • AT Global Markets (UK) Ltd, incorporated in London, UK, is licensed and regulated by the FCA – the UK Financial Conduct Authority.
  • ATFX Global Markets (CY) Ltd, is licensed and regulated by CySEC – Cyprus Securities and Exchange Commission.
  • AT Global Markets Intl Ltd, is licensed and regulated by the Financial Services Commission (FSA).

As a young broker but ATFX’s legal record is very reputable, more than many other long-term brokers, so investors can feel secure when trading here. In the event of a dispute with the broker, the discovery of a fraudulent broker, or the failure of a broker, investors are compensated under the Investor Compensation schemes for up to 20,000 Euros (CySEC) or £85,000 ( FCA).

ATFX Trading Products

The product portfolio at ATFX includes forex, metals, indices, stocks, crude oil, and cryptocurrencies, fully meeting the most basic trading needs of today’s traders, especially cryptocurrency trading. Cryptocurrency on forex exchanges is becoming a favorite trend of many traders.
 
Forex: 44 currency pairs, including 7 major currency pairs, 21 cross-currency pairs, and 16 exotic currency pairs.
Metals: including gold and silver
Crude oil: including 2 types of US crude oil (WTI) and UK crude oil (Brent)
Indices: 15 stock indices, representing major markets such as the US (US30, NAS100, SP5X500), UK (UK100), Germany (GER30), Australia (AUS200), France (FRA40), Japan (JP225) )…
Stocks: 82 stock codes of famous companies and groups listed on the US and German stock exchanges.
Cryptocurrencies: 4 popular coins with large market capitalization like Bitcoin, Ethereum, Litecoin, and Ripple
 
Products traded at ATFX
Products traded at ATFX

Trading account at ATFX

Previously, ATFX offered investors 3 types of trading accounts: Standard, Edge, and Premium. But now, this broker offers only one type of Standard account.
The Standard account is designed to suit all types of traders. Whether you are a new trader or an experienced trader in the market. Trading conditions on the ATFX Standard account:
  • The minimum deposit is 50$
  • Min/Max order size (forex): 0.01 lots/30 lots
  • Minimum spread (forex): 1.8 pips
  • No commission fee
  • Maximum leverage is 1:400

Lever

ATFX applies maximum leverage for accounts of 1:400. However, this rate only applies to forex transactions, other products have lower maximum leverage, specifically:
 
  • Metal, crude oil is 1:400
  • Natural gas is 1:50
  • Index is 1:100
  • Stock 1:20
  • Cryptocurrency 1:5

Deposit and withdraw money at ATFX

ATFX provides customers with many different payment methods such as international wire transfer, Visa/Master cards, Ngan Luong, Neteller, Skrill, and PerfectMoney… all of these methods require a minimum deposit amount. $50 minimum. All deposit and withdrawal transactions are free of charge, except wire transfers, which will be charged by the bank if the withdrawal is less than $1,000. Deposits are processed instantly, withdrawals are processed within 24 hours.