ATFX
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Overview
ATFX, established in 2014, is a well-regarded broker in the forex and CFD industry. It's operated by AT Global Markets and is based in London, UK. The broker is regulated by several authorities including the Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), and MiFID, ensuring compliance with European trading standards.
ATFX offers a variety of over 80 trading products, including major and minor currency pairs, global indices, commodities like gold and oil, and cryptocurrencies such as Bitcoin and Ethereum. It requires a minimum deposit of $200 for the Standard account and $5,000 for the Edge account, which offers lower spreads.
One of the platform's key features is the popular MetaTrader4, suitable for both novice and advanced traders due to its user-friendly interface and sophisticated tools. The platform can be accessed on desktop, mobile, or via a browser.
ATFX is known for its competitive spreads and does not charge different fees based on execution. However, additional fees such as transaction fees, currency conversion, and inactivity fees may apply. The broker does not charge fees for deposits and withdrawals, although processing times vary by method.
The broker provides educational resources like webinars in various languages, and offers a Trading Central tool and a Quarterly Market Outlook for comprehensive market analysis. Customer service is available in multiple languages, but it's not 24/7.
While ATFX is generally well-received, it's noted for limited payment methods and the absence of detailed information about certain aspects on its website. The service is not available in countries like the US, Canada, Korea, and Iran due to regulatory restrictions
This CritiScore review provides a comprehensive overview, assessing whether ATFX is legit or a scam, and offers insights into ATFX's performance.