Best broker forSummary
ATFX is a brand of branches providing CFD/forex trading services within the global financial consortium, AT Group. ATFX (UK) started as a FX/CFD broker in 2017 and has quickly risen to notoriety due to the company’s well-tailored offerings of competitive spreads and zero commissions, across a range of trading accounts. Since 2015, the firm, which is regulated by the Financial Conduct Authority (FCA), has been the recipient of 37 industry awards, in Europe, Asia and Africa.
With headquarters in the heart of London, the company itself offers more than 200 financial instruments to trade with including forex and CFDs in indices, commodities, cryptocurrencies and shares. Its cutting-edge trading platform, MetaTrader 4 (MT4) allows you to trade with confidence using over 55 FX pairs. Further to this, ATFX provides a state-of-the-art, mobile-accessible client trading portal, as well as 24/5 live access to free market commentary and exemplary client services.
The group AT Global Markets (UK) is a member of the Financial Services Compensation Scheme (FSCS), this covers eligible investments of up to £85,000 per person, per firm.
Pros and Cons
ATFX Global Markets is a forex and CFD trading services broker. They give traders access to a wide variety of instruments in several markets like currencies, indices and commodities.
- Competitive Spreads
- No commission
- Regulated by the FCA
- More than 200 financial instruments
- Trade on reliable platform MT4
- Free VPS (subject to account type)
- Raw Spreads (subject to account type)
- One to one coaching
- Forex Education Centre
- Multi asset trading including FX, Commodities, Indices, Stocks and Cryptos
- Social trading platform - ATFX Team-UP
- Award winning customer support - 2019 Best Customer Service Award by ADVFN
- Best online trader award 2020 by ADVFN
- Best news & analysis provider 2020 by FXdailyinfo.com
- Doesn’t offer VPS (See alternatives)
- Limited range of instruments
- Not FCA Regulated (See alternatives)
Trading Platform
Platforms
ATFX uses a third-party platform, MetaTrader 4 (MT4) which is the most popular and widely used trading platform in the FX/CFD industry. It’s highly customisable, available in an exceptionally large number of languages, and has a clear fee report. It caters for all levels of ability; from novice to expert and professional.
The platform has the capability to be used as a web-based platform through a web-based browser, and as an application on smartphones and tablets. You can easily change the size and the position of the tabs. A demo account is available and ATFX clients can download several versions of MT4 for free; MT4 Desktop, MT4 WebTrader and MT4 mobile, with apps for Android and iOS.
Financial Instruments
ATFX offers a comprehensive choice of financial assets to trade, including FX and CFDs in shares, cryptocurrencies, indices, and commodities.
The firm offers products such as majors, minors and exotics, this includes: EUR/USD, USD/JPY, GBP/USD, USD/CHF, AUD/USD, NZD/USD, AUD/CAD, AUD/CHF, AUD/JPY, AUD/NZD, CAD/CHF, CAD/JPY, CHF/JPY, EUR/AUD, EUR/CAD, EUR/CHF, EUR/GBP, EUR/JPY, EUR/NZD, GBP/AUD, GBP/CAD, GBP/CHF, GBP/JPY, GBP/NZD,NZD/CAD, NZD/CHF,NZD/JPY, EUR/HUF, EUR/PLN, EUR/TRY, USD/CNH, USD/HKD,USD/SGD, USD/CZK, USD/DKK, USD/HUF, USD/MXN, USD/NOK, USD/PLN, USD/RUB, USD/TRY, USD/SEK, USD/ZAR.
Commodities such as Gold, Silver, Palladium, US WTI Oil, UK BRENT Oil, US Natural Gas Futures are also available, along with these indices: CHI50, HK50, AUS200, EU50, ESP35, FRA40, GER30, IT40, JP225, UK100, US30, US100, US500.
ATFX provides CFDs in US, Spanish and German stocks. More recently, the firm has added UK stocks to this list. For those interested in cryptocurrency trading, ATFX does offer Bitcoin, Ethereum, Litecoin and Ripple.
Customer Service
ATFX was awarded the prestigious Best Customer Service Award in 2019 by ADVFN. The company provides an exceptional customer-centric, multilingual service, with agents based in 14 countries, speaking 20 different languages.
ATFX Global Markets is a forex and CFD trading services broker. They give traders access to a wide variety of instruments in several markets like currencies, indices and commodities.
Pros
- Used by 2,000+ traders
- Established in 2014
- Regulated by FCA
- Min. deposit from £100
Cons
- Doesn’t offer VPS (See alternatives)
- Limited range of instruments
To open a live account, you’ll need a minimum deposit of at least £100. Alternatively, ATFX Global Markets offers a demo account that you can use to practice and familiarise yourself with their platform.
Regulated by CySEC (Licence: 285/15). ATFX Global Markets puts all client funds in a segregated bank account and uses tier-1 banks for this. ATFX Global Markets has been established since 2014, and have a head office in Cyprus.
Before we dive into some of the more detailed aspects of ATFX Global Markets’s spreads, fees, platforms and trading features, you may want to open ATFX Global Markets’s website in a new tab by clicking the button below in order to see the latest information directly from ATFX Global Markets.
VISIT ATFX
71% of retail investor accounts lose money when trading CFDs with this provider.
What are ATFX Global Markets’s spreads & fees?
Like most brokers, ATFX Global Markets takes a fee from the spread, which is the difference between the buy and sell price of an instrument.
The commisions and spreads displayed below are based on the minimum spreads listed on ATFX Global Markets’s website. The colour bars show how competitive ATFX Global Markets’s spreads are in comparison to other popular brokers featured on BrokerNotes.
| Forex Equities Crypto Indices Commodities | ATFX Global Markets | City Index XTB AvaTrade eToro Plus500 Markets.com London Capital Group XM UFX Forex.com | City Index XTB AvaTrade eToro Plus500 Markets.com London Capital Group XM UFX Forex.com |
|---|---|---|---|
| EUR/USD(Average: 0.7 pips) | Not offered | 0.7 pips | 0.1 pips |
| GBP/USD(Average: 1.1 pips) | Not offered | 1.7 pips | 0.1 pips |
| USD/JPY(Average: 1.1 pips) | Not offered | 0.6 pips | 0.1 pips |
| AUD/USD(Average: 0.8 pips) | Not offered | 0.6 pips | 0.2 pips |
| USD/CHF(Average: 2.3 pips) | Not offered | 2.3 pips | 0.2 pips |
| USD/CAD(Average: 2.9 pips) | Not offered | 0.5 pips | 0.3 pips |
| NZD/USD(Average: 3.6 pips) | Not offered | 2.8 pips | 0.3 pips |
| EUR/GBP(Average: 2.4 pips) | Not offered | 0.5 pips | 0.1 pips |
Spreads are dynamic and are for informational purposes only.
As you can see, ATFX Global Markets’s minimum spread for trading EUR/USD is pips – which is relatively low compared to average EUR/USD spread of 0.70 pips. Below is a breakdown of how much it would cost you to trade one lot of EUR/USD with ATFX Global Markets vs. similar brokers.
SEE ALL SPREADS
How much does ATFX Global Markets charge to trade 1 lot of EUR/USD?
If you were to buy one standard lot of EUR/USD (100k units) with ATFX Global Markets at an exchange rate of 1.1719 and then sell it the next day at the same price you would likely pay $9.94. Here’s a rough breakdown of the fees and how this compares against AvaTrade & IG .
| XTB | AvaTrade | IG | |
|---|---|---|---|
| Spread from: | $ 2.00 | $ 7.00 | $ 6.00 |
| Commission: | $0.00 | $0.00 | $0.00 |
| Total cost of a 100k trade: | $ 2.00 | $ 7.00 | $ 6.00 |
| $5 more | $4 more | ||
| VISIT XTB | VISIT AVATRADE | VISIT IG |
All fees/prices are for informational purposes and are subject to change.
What can you trade with ATFX Global Markets?
ATFX Global Markets offers over 1,500 different instruments to trade, including over 48 currency pairs. We’ve summarised all of the different types of instruments offered by ATFX Global Markets below, along with the instruments offered by AvaTrade and IG for comparison.
| FX / Currencies | XTB | AvaTrade | IG |
|---|---|---|---|
| # of forex pairs offered | 48 | 59 | 90 |
| Major forex pairs | Yes | Yes | Yes |
| Minor forex pairs | Yes | Yes | Yes |
| Exotic forex pairs | Yes | Yes | Yes |
| Cryptocurrencies | Yes | Yes | Yes |
| Commodity CFDs | XTB | AvaTrade | IG |
|---|---|---|---|
| # of commodities offered | 21 | 16 | 34 |
| Metals | Yes | Yes | Yes |
| Energies | Yes | Yes | Yes |
| Agricultural | Yes | Yes | Yes |
| Index & Stock CFDs | XTB | AvaTrade | IG |
|---|---|---|---|
| # of stocks offered | 1606 | 99 | 8000 |
| UK shares | Yes | Yes | Yes |
| US shares | Yes | Yes | Yes |
| German shares | Yes | Yes | Yes |
| Japanese shares | Yes | Yes | Yes |
| SEE XTB’S INSTRUMENTS | SEE AVATRADE’S INSTRUMENTS | SEE IG’S INSTRUMENTS |
What’s the ATFX Global Markets trading experience like?
1) Platforms and apps
ATFX Global Markets offers the popular MT4 forex trading platform. To see a list of the top MT4 brokers, see our comparison of MT4 brokers. The combination of downloadable platforms for both Mac and Windows allows traders to trade with their device of choice.
ATFX Global Markets also offer mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you are on the move.
SEE ATFX’S PLATFORMS
2) Executing Trades
ATFX Global Markets allows you to execute a minimum trade of 0.01. This may vary depending on the account you open. ATFX Global Markets allows you to execute a maximum trade of 30. As ATFX Global Markets offer STP execution, you can expect tighter spreads with more transparency over the price you‘re paying to execute your trades.
As a nice bonus, ATFX Global Markets are one of very few brokers that claim to have no requotes, so you don’t have to worry about slippage (your trades being ordered at a different price to what you executed them at).
As with most brokers, margin requirements do vary depending on the trader, accounts and instruments. You can see the latest margin requirements on their website.
ATFX Global Markets also offers a number of useful risk management features, such as stop losses (with trailing stops), limit orders negative balance protection price alerts and much more. You can see all of the account features offered by ATFX Global Markets here.
Finally, we’ve listed some of the popular funding methods that ATFX Global Markets offers its traders below.
Trading Features:
Accounts offered:
Funding methods:
3) Client support
ATFX Global Markets support a wide range of languages including English, Arabic, Chinese, Czech, French, German, Greek, Indonesian, Italian, Hungarian, Japanese, Korean, Malaysian, Romanian, Russian, Spanish, Thai, Filipino, Turkish, and Vietnamese.
4) What you’ll need to open an account with ATFX Global Markets
As ATFX Global Markets is regulated by FCA , every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you’ll likely be asked for the following, so it’s good to have these handy:
- A scanned colour copy of your passport, driving license or national ID
- A utility bill or bank statement from the past three months showing your address
You’ll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it’s best to put aside at least 10 minutes or so to complete the account opening process.
While you might be able to explore ATFX Global Markets’s platform straight away, it’s important to note that you won’t be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.
To start the process of opening an account with ATFX Global Markets you can visit their website here.
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ATFX Global Markets is a forex and CFD trading services broker. They give traders access to a wide variety of instruments in several markets like currencies, indices, and commodities.
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ATFX is a brand of branches providing CFD/forex trading services within the global financial consortium, AT Group. ATFX (UK) started as a FX/CFD broker in 2017 and has quickly risen to notoriety due to the company’s well-tailored offerings of competitive spreads and zero commissions, across a range of trading accounts. Since 2015, the firm, which is regulated by the Financial Conduct Authority (FCA), has been the recipient of 37 industry awards, in Europe, Asia and Africa.
With headquarters in the heart of London, the company itself offers more than 200 financial instruments to trade with including forex and CFDs in indices, commodities, cryptocurrencies and shares. Its cutting-edge trading platform, MetaTrader 4 (MT4) allows you to trade with confidence using over 55 FX pairs. Further to this, ATFX provides a state-of-the-art, mobile-accessible client trading portal, as well as 24/5 live access to free market commentary and exemplary client services.
The group AT Global Markets (UK) is a member of the Financial Services Compensation Scheme (FSCS), this covers eligible investments of up to £85,000 per person, per firm.
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Platforms
ATFX uses a third-party platform, MetaTrader 4 (MT4) which is the most popular and widely used trading platform in the FX/CFD industry. It’s highly customisable, available in an exceptionally large number of languages, and has a clear fee report. It caters for all levels of ability; from novice to expert and professional.
The platform has the capability to be used as a web-based platform through a web-based browser, and as an application on smartphones and tablets. You can easily change the size and the position of the tabs. A demo account is available and ATFX clients can download several versions of MT4 for free; MT4 Desktop, MT4 WebTrader and MT4 mobile, with apps for Android and iOS.
Financial Instruments
ATFX offers a comprehensive choice of financial assets to trade, including FX and CFDs in shares, cryptocurrencies, indices, and commodities.
The firm offers products such as majors, minors and exotics, this includes: EUR/USD, USD/JPY, GBP/USD, USD/CHF, AUD/USD, NZD/USD, AUD/CAD, AUD/CHF, AUD/JPY, AUD/NZD, CAD/CHF, CAD/JPY, CHF/JPY, EUR/AUD, EUR/CAD, EUR/CHF, EUR/GBP, EUR/JPY, EUR/NZD, GBP/AUD, GBP/CAD, GBP/CHF, GBP/JPY, GBP/NZD,NZD/CAD, NZD/CHF,NZD/JPY, EUR/HUF, EUR/PLN, EUR/TRY, USD/CNH, USD/HKD,USD/SGD, USD/CZK, USD/DKK, USD/HUF, USD/MXN, USD/NOK, USD/PLN, USD/RUB, USD/TRY, USD/SEK, USD/ZAR.
Commodities such as Gold, Silver, Palladium, US WTI Oil, UK BRENT Oil, US Natural Gas Futures are also available, along with these indices: CHI50, HK50, AUS200, EU50, ESP35, FRA40, GER30, IT40, JP225, UK100, US30, US100, US500.
ATFX provides CFDs in US, Spanish and German stocks. More recently, the firm has added UK stocks to this list. For those interested in cryptocurrency trading, ATFX does offer Bitcoin, Ethereum, Litecoin and Ripple.
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ATFX was awarded the prestigious Best Customer Service Award in 2019 by ADVFN. The company provides an exceptional customer-centric, multilingual service, with agents based in 14 countries, speaking 20 different languages.
- 5
- London
- 500
- 2014
- https://go.atfxpartners.com/visit/?bta=35226&nci=5984
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Competitive Spreads
No commission
Regulated by the FCA
More than 200 financial instruments
Trade on reliable platform MT4
Free VPS (subject to account type)
Raw Spreads (subject to account type)
One to one coaching
Forex Education Centre
Multi asset trading including FX, Commodities, Indices, Stocks and Cryptos
Social trading platform - ATFX Team-UP
Award winning customer support - 2019 Best Customer Service Award by ADVFN
Best online trader award 2020 by ADVFN
Best news & analysis provider 2020 by FXdailyinfo.com -
Doesn’t offer VPS (See alternatives)
Limited range of instruments
Not FCA Regulated (See alternatives)
Specification: ATFX
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Videos: ATFX
