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Alison Heyerdahl
Edited by
Author
Alison Heyerdahl
Edited by
Alison Heyerdahl
Head of Content

Alison Heyerdahl is the Head of Content at FxScouts, a Chartered Market Technician (CMT), and an experienced trader, as well as a financial writer with extensive expertise in Forex trading, broker analysis, and market research. She has reviewed 100+ brokers, publishes weekly YouTube trading videos, and co-hosts the “Let’s Talk Forex” podcast.

Learn more about Alison Heyerdahl
Author
Author
Chris Cammack
Partner Manager and Financial Writer

Chris Cammack is the Partner Manager and a financial writer at FxScouts. Chris builds and maintains our relationships with our partners to provide our users with the best Forex trading experience.

Learn more about Chris Cammack

ATFX

ATFX
3.93
Rate & review
How we review
No longer accepts South African Clients. Average spread EUR/USD 1.00 pips on trading account with lowest minimum deposit. Max leverage 400:1. Islamic account available. MT4 platform support. ATFX Group is regulated by the FCA, FSA (St. Vincent), CySEC, and the FSC.
Top Rated Brokers Compare Now
74.07 of retail CFD accounts lose money with this provider

Available to traders in %s

Min deposit

USD 100

Regulated By
Varies by region

FCA, CySEC, FSA-St-Vincent, FSC

Trading Cost

USD 10

Max Leverage
Varies by region

400:1

Copy Trading
Varies by region

Yes

Platforms

MT4

Instruments

Commodities, Cryptocurrencies, Forex, Metals, Spread Betting

ATFX Broker Review

Please note that ATFX has rebranded as ATFX Africa. We are in the process of updating this review and will publish it soon.


ATFX is a well-regulated STP broker founded in 2017 in London and has expanded rapidly over the last few years. Four account types are offered (including a commission-based Raw Account), but minimum deposits are high, and spreads are wide on all but the most expensive account types. MT4 is the only trading platform supported.


Education is excellent and market analysis is offered by the globally renowned Trading Central. Both deposits and withdrawals are free and Autochartist is offered for free on all account types.
No longer accepts South African Clients. Average spread EUR/USD 1.00 pips on trading account with lowest minimum deposit. Max leverage 400:1. Islamic account available. MT4 platform support. ATFX Group is regulated by the FCA, FSA (St. Vincent), CySEC, and the FSC.

Pros

  • Well regulated
  • Wide range of assets
  • Copy trading accounts
  • Good range of accounts

Cons

  • MT4 only
  • High minimum deposit
Rating Reviews
3.93

ATFX Overall Summary

Trust Rating
5
Trading Conditions
2.5
Platforms
4
Education
5
Beginner Friendly
3
Assets Available
4
Analysis Research
5
Deposit & Withdrawal
4.5
Overall Rating
3.93
/ 5
Base Currencies
USD, EUR, GBP
Number of FX Pairs
43
Crypto Pairs
4
Copy Trading
Yes
Hedging Allowed
Yes
Scalping Allowed
Yes
Islamic Account
Yes
Account Name
Commission
Fees Included in Spread
EUR/USD
1.00
GBP/USD
1.10
USD/JPY
1.00
Negative Balance Protection
No
Company Name
AT Global Markets Limited
Founded
2015
Website
https://www.atfx.com/gm/en/
Website Language
English
Support Language
English
Office Locations
United Kingdom
Support Email Address
[email protected]
FP Markets FP Markets

Deposit & Withdrawal

visa
mastercard
skrill
safecharge
neteller
bitcoin
banktransfer
paypal

Supported Platforms

Best MT4 Forex Brokers
ATFX

Ready to trade with ATFX?

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Regulatory oversight from the UK’s Financial Conduct Authority means that ATFX must maintain the highest standards of financial propriety.

Is ATFX Safe?

The company’s subsidiary in the UAE, AT Capital Markets, briefly held a licence from the Abu Dhabi Financial Services Regulatory Authority (FSRA), but this was suspended and the company fined in December 2019 after it was found that the company had been conducting regulated activities before it was granted permission to do so. AT Capital Market’s CEO has since resigned from the company.

Since its inception in 2017, ATFX has won numerous awards including FX Broker of the Year, UK (The European Business Awards 2018), Best Forex CFD Broker (UK Forex Awards 2018), Most Transparent Broker (World Forex Awards 2019) and Best Online Trading Services (ADVFN International Financial Awards 2020).

All ATFX customers, no matter their location, benefit from segregated accounts. In the unlikely event of ATFX insolvency, segregated client funds cannot be used for reimbursement to ATFX creditors.

Overall, we would say that ATFX are a safe broker. It seems the licencing issue with the UAE authorities was an exceptional circumstance and regulatory oversight from the UK’s Financial Conduct Authority means that ATFX must maintain the highest standards of financial propriety.

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ATFX’s Trading Instruments

ATFX offers an extremely limited number of trading assets.

Available Assets and Leverage

ATFX’s trading assets consist of a handful of cryptocurrencies and metals, and a small number of Forex pairs.

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ATFX Accounts and Trading Fees

ATFX offers four account types with different trading conditions and deposit requirements. Spreads are relatively tight and, like most brokers, get tighter on the accounts with larger minimum deposits.  

Trading Fees

Spreads are relatively tight at ATFX. Though ATFX does not publish average spreads, the minimum spreads are published for each account. On the Standard Account, minimum spreads on the EUR/USD start at 1 pip and the AUD/USD at 1.1 pips.

Commission is charged only on the Premium Account and stands at 5 USD round turn per lot.

Trading Accounts

Micro Account

The Micro Account is ATFX’ smallest account, requiring a minimum deposit of only 100 USD. Spreads are wide on this account, starting at 2.6 pips, and no dedicated account manager is provided.

Classic Account

The Classic Account requires a minimum deposit of 1000 USD and spreads start 1.8 pips, still relatively wide for an account requiring this much initial investment. Like the Micro Account, no dedicated manager is provided.

Premium Account

The Premium Account offers spreads from 1 pip but requires a minimum deposit of 5000 USD to get started. Additionally, this account provides access to a dedicated account manager, free VPS and Trading Central.

Raw Account

The Raw Account is a commission-based account, providing access to raw spreads from as low as 0 pips. This account requires a minimum deposit of 10,000 USD and commission is charged at 7 USD per lot (3.5 USD per lot, per side). Like the Premium Account, you will also have access to a dedicated account manager, free VPS and Trading Central.

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ATFX's Trading Platforms

Currently, ATFX only supports MetaTrader 4 (MT4).

Mobile Trading Platforms

The MT4 trading platform is the most widely used Forex trading platform and can also be used to trade other instruments like commodities, cryptocurrency, stock index, and stock CFDs. Though it is now showing its age, MT4 is still popular for its auto trading features that enable algorithmic trading and strategy backtesting with expert advisors (trading robots).

MT4 comes preloaded with over 30 technical indicators while giving traders access to 9 different timeframes and several chart types. A lightweight platform, MT4 has enhanced trading speed, while remaining robust and stable on all systems and even over slower internet connections.

MT4 is available as a desktop download and as a web platform, running in browser. ATFX will also support the MT4 Android and iOS apps, for those who wish to trade on the move.

Trading Platform Comparison

Broker
Platform Choice
Copy Trading
Platforms
ATFX
4
/ 5
Read Review
Yes
MT4
AvaTrade
4.5
/ 5
Read Review
Yes
MT4, MT5, Avatrade Social, AvaOptions
TD Markets
4
/ 5
Read Review
Yes
MT4
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ATFX Deposits and Withdrawals

ATFX allows deposits and withdrawals in USD, EUR or GBP and charges no fees for any withdrawal over 100 USD.

Account Currencies and Funding Options

In the case of bank transfers, your bank may charge you for transfers. Like most brokers, withdrawals can only be made by the same method as the original deposit.

Be aware that all funds deposited will be converted to USD and then back again into your local currency upon withdrawal.

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ATFX’s Research and Trading Tools

ATFX has partnered with Trading Central for market analysis, this includes providing traders with Trading Central’s MT4 Analysis indicators.

Trading Tools

In addition, all ATFX customers gain access to AutoChartist, a powerful pattern recognition tool that monitors all markets to find the best trading opportunities based on real-time technical analysis.

Trading Central

ATFX traders with a Premium Account will get free access to the new Trading Central MT4 Analysis Indicators. This new MT4 trading indicator has been intricately created to make trading easier, intuitive, and more accessible than ever before.

  • Receive consistent up-to-date information from analysts you can trust
  • Information can be viewed in multiple languages, catering to traders globally
  • Stay informed with commentary and analytical forecasts
  • Fill order based on Trading Central levels

Trading Tools Comparison

Broker
Economic Calendar
Autochartist
Trading Central
Trading View
Free VPS
VPS services are usually offered free with a minimum trade volume, otherwise a monthly subscription fee will apply. VPS services are usually hosted by third-party companies.
ATFX
Yes
Yes
Yes
No
No
AvaTrade
Yes
No
Yes
No
Yes
TD Markets
Yes
No
No
No
No

Analysis Material

ATFX has partnered with Trading Central. The technical strategies and professional data provided by Trading Central covers Forex, precious metals, commodities, and indices from sources such as Bloomberg, Thomson Reuters, and Dow Jones. ATFX also hosts video clips of Trading Central analysis, these are updated on an hourly basis.

While all ATFX account holders will have access to Trading Central, only those with Classic, Premium and Raw Account will get full access to Trading Central’s signals library.

ATFX also publishes its own quarterly market outlook, which is available to all visitors just by registering your email address.

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ATFX’s Educational Material

ATFX’s educational material can be found in its dedicated Forex Education Center. Here you will find Introduction Courses, In-depth Courses, and wide range of eBooks.

ATFX for Beginners

Introduction Courses: A selection of 6 courses covering Metatrader tutorials, an introduction to global economics and an overview of social trading. More impressive is the library of 28 videos providing a clear and concise introduction to Forex trading.

In-depth Courses: Once you have grasped the basics of the Forex market, this selection of courses is perfect for continuing your education. The cryptocurrency market, trading tools and trading strategies are all covered here.

ebooks: A small library of 14 short eBooks. A range of topics is covered here for those who want a deeper understanding of the topics covered in the courses. Topics include technical analysis, advanced strategies, trading psychology and capital management.

Education Comparison

Broker
Beginner Course
Advanced Course
Well Structured Education
Education Quality
Webinars
ATFX
Yes
Yes
Yes
High
Yes
AvaTrade
Yes
Yes
Yes
High
Yes
TD Markets
No
No
No
None
Yes
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ATFX’s Customer Service

Customer Support is available 24/7 via phone, email, and live chat. 

24/7 Customer Support

ATFX does not have a local support team or office in South Africa so the best method of contacting customer support would be via email or live chat.

How We Score and Rank Forex Brokers

At FxScouts, our Broker Score and Trust Rating are designed to provide traders with an objective, data-driven evaluation of forex brokers. We continuously refine our methodology to reflect market changes, ensuring transparency and accuracy in our rankings.

Our independent review process analyzes 200+ data points across seven key categories, incorporating:

  • Regulation & Trustworthiness – Regulatory status, security measures, and broker reputation
  • Trading Costs & Fees – Spreads, commissions, and hidden charges
  • Platforms & Execution – Trading tools, execution speed, and user experience
  • Asset Selection: Forex, stocks, and other available instruments
  • Deposit & Withdrawal – Processing times, local banking support, and transaction costs
  • Education & Research – Quality of learning resources for beginners and experienced traders
  • Customer Support – Response times, multilingual service, and problem resolution


To ensure fairness and transparency, we independently verify broker claims and integrate real-user feedback, regulator data, and live trading tests. The radar chart to the left illustrates the weight of each category in our final scoring system.

Why Our Reviews Set the Standard

Every broker we recommend meets strict trust and safety criteria and is tested for reliability, transparency, and overall trading experience.

ATFX Risk Statement

ATFX Risk Statement

Trading Forex is risky, and each broker is required to detail how risky the trading of Forex CFDs is to clients. ATFX would like you to know that: Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.12% of retail investor accounts lose money when trading CFDs / Spread betting with this provider. You should consider whether you understand how CFDs / Spread betting work and whether you can afford to take the high risk of losing your money.

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User Reviews

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Meet the Experts Behind Our Unbiased Reviews

Chris Cammack

Partner Manager and Financial Writer

Chris Cammack
Chris Cammack is partner manager and senior financial writer at FxScouts, specialising in broker relations and forex market analysis. As the former Head of Content (2019–2024), he set editorial standards for all content published at FxScouts, including broker reviews, broker comparison pages and education. With over a decade of experience in editorial management and partner relations, Chris builds and maintains our relationships with our partners to provide the best Forex trading experience for our users. Healso co-hosts the “Let’s Talk Forex” podcast with Alison Heyerdahl, where he explores trading strategies, industry news, and macroeconomic trends to help traders navigate the markets with confidence.

Alison Heyerdahl

Head of Content

Alison Heyerdahl
Alison Heyerdahl is the Head of Content at FxScouts, a Chartered Market Technician (CMT), an experienced trader, and a financial writer with extensive hands-on experience in the Forex trading industry. She specialises in Forex trading, broker analysis, and market research, with a focus on helping traders navigate the complex world of online trading safely and confidently. Alison has tested and reviewed more than 100 Forex brokers, assessing everything from regulatory status and trading conditions to platform features and customer support. Her goal is to provide honest, detailed, and practical insights that traders can rely on when choosing a broker. She’s also produced more than 100 educational videos for the FxScouts YouTube channel, where she explains trading concepts in a clear, accessible way. As the co-host of the “Let’s Talk Forex” podcast, Alison shares expert commentary on broker reliability, trading strategies, and market developments—always with a focus on transparency and trader protection.

Stefan de Clerk

Financial Writer

Stefan de Clerk
Stefan is a financial writer and Forex trading enthusiast with over a decade of experience creating in-depth content on finance and technology. His deep interest in geopolitical events, big data, and market sentiment fuels his passion for analyzing how global factors shape financial markets. With a background in marketing and financial research, Stefan believes that Forex trading offers the best insight into the pulse of the world economy. Committed to delivering well-researched, unbiased, and objective information, he helps traders navigate the markets with clarity and confidence.
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