ATFX

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information

ATFX Review Summary in 10 Points
Founded	Within one year
Registered Country/Region	Mauritius
Regulation	Not regulated
Market Instruments	Forex, Precious metals, Crude oil CFDs, Index CFDs, Shares CFDs, Hongkong Shares CFDs, Indices, Cryptocurrency
Demo Account	Available
Leverage	Up to 1:100
EUR/USD Spread	Start from 1.8 pips
Trading Platforms	MT5
Minimum Deposit	USD 250
Customer Support	Phone, Email, Address, Live chat, Social media

What is ATFX？

ATFX is a global brokerage firm based in the Mauritius. It provides traders with access to market instruments including Forex, Precious metals, Crude oil CFDs, Index CFDs, Shares CFDs, Hongkong Shares CFDs, Indices, Cryptocurrency, Commodity. However, it is important to note ATFX is currently not regulated by any recognized financial authorities which may raise concerns when trading.

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.

Pros & Cons

Pros	Cons
• Various account types to suit different trading needs	• Not regulated
• Wide range of trading instruments across multiple asset classes	• Not accept clients from some countries
• MT5 platform	• Wide EURUSD spread
• Multiple payment methods supported	• High minimum deposit
• Demo account available
• Multiple customer support channels
• Zero commission

ATFX Alternative Brokers

There are many alternative brokers to ATFX depending on the specific needs and preferences of the trader. Some popular options include:

• Valutrades- Valutrades offers a reliable and user-friendly trading experience, with a range of account types and competitive trading conditions to suit different traders' needs.

• RoboForex - With its comprehensive range of trading instruments, tight spreads, and excellent customer support, RoboForex is an ideal choice for traders of all levels.

• TigerWit- TigerWit offers a unique social trading platform that allows traders to follow and copy the trades of experienced traders, making it an excellent option for those looking for a simplified approach to trading.

Ultimately, the best broker for an individual trader will depend on their specific trading style, preferences, and needs.

Is ATFX Safe or Scam？

When considering the safety of a brokerage like ATFX or any other platform, it's important to conduct thorough research and consider various factors. Here are some steps you can take to assess the credibility and safety of a brokerage:

• Regulatory sight: It is not regulated by any major financial authorities, which means that there is no guarantee that it is a safe platform to trade with.

• User feedback: Read reviews and feedback from other clients to get an understanding of their experiences with the brokerage. Look for reviews on reputable websites and forums.

• Security measures: ATFX prioritizes fund safety by implementing segregated accounts, keep clients fund separate from the company's finances, reducing the risk of misappropriation and enhancing overall account security and safeguarding clients' funds from being used for operational purposes.

Ultimately, the decision of whether or not to trade with ATFX is a personal one. You should weigh the risks and benefits carefully before making a decision.

Market Instruments

ATFX provides a diverse and comprehensive range of market instruments, catering to the trading preferences of a wide range of investors.

Traders have access to more than 40 forex pairs, enabling them to participate in the global currency exchange market.

Additionally, the availability of precious metals and crude oil CFDs allows for exposure to the commodities market, offering potential opportunities for portfolio diversification.

The inclusion of index CFDs and shares CFDs allows traders to speculate on the performance of major indices and individual company stocks, respectively.

For those interested in Hong Kong's markets, ATFX offers Hong Kong shares CFDs, providing access to this vibrant financial hub.

Moreover, the availability of cryptocurrency trading adds a modern and innovative dimension to the platform, appealing to those seeking exposure to the volatile but potentially lucrative crypto market.

With such an extensive selection of market instruments, ATFX empowers traders with the flexibility and versatility to tailor their investments to their unique trading strategies and goals.

Accounts

ATFX presents a valuable opportunity for traders with its demo account, offering $100,000 in virtual funds to practice and refine trading strategies without risking real money. For those ready to transition to live trading, ATFX appears to offer standard account types with 1:200 Account and 1:400 Account. Specific minimum deposit requirements vary for different financial products. For example, for forex majors and minors, minimum deposit for 1:400 account is USD 250 while its USD 500 for 1:200 Account.

Leverage

ATFX offers varying levels depending on the market instrument to cater to different risk appetites and trading styles. For shares CFDs, a leverage of 1:20 allows traders to amplify their positions while still maintaining a prudent level of risk management. Cryptocurrency trading carries higher volatility, and thus a more conservative leverage of 1:10 is provided, enabling traders to partake in this burgeoning asset class with a balanced risk-reward profile. Meanwhile, for indices, a more substantial leverage of 1:100 is offered, providing the potential for enhanced returns in these broader market positions.

However, leverage allows traders to control larger positions in the market with a smaller amount of invested capital. It's important to note that while leverage can increase potential profits, it also amplifies potential losses, as traders are exposed to higher market risk. Therefore, it is crucial for traders to exercise prudent risk management practices, carefully consider their trading strategies, and be aware of the potential implications of using leverage.

Spreads & Commissions

ATFX provides traders with a relatively wide EURUSD spread, starting from 1.8 pips. And spreads vary for different financial products, interested traders can visit their website to explore the specific spreads for different instruments, ensuring they have a comprehensive understanding of the costs involved before making trading decisions. The absence of commission fees further enhances the appeal of trading with ATFX, as it allows traders to execute trades without any additional charges, contributing to a cost-effective and potentially more profitable trading experience.

Below is a comparison table about spreads and commissions charged by different brokers:

Broker	EUR/USD Spread (pips)	Commissions (per lot)
ATFX	From 1.8	No commission
Valutrades	From 0.1	$3 per lot traded
RoboForex	From 0.0	Variable (depending on account)
TigerWit	From 0.6	Variable (depending on account)

Please keep in mind that spread values can vary depending on market conditions, account type, and other factors. Commission structures may also differ based on the broker's pricing model and the type of account being used. It's important to review the official websites or contact the brokers directly for the most accurate and up-to-date information on spreads and commissions.

Trading Platforms

ATFX prides itself on offering traders access to the widely acclaimed MetaTrader 5 (MT5) trading platform. Renowned for its advanced features and user-friendly interface, MT5 empowers traders with a comprehensive set of tools for executing trades across various financial markets. From forex and commodities to indices and cryptocurrencies, the platform's versatility ensures that traders can navigate a diverse range of assets with ease. MT5's advanced charting capabilities, technical indicators, and expert advisors enable traders to conduct in-depth market analysis and execute strategies with precision. Additionally, the platform's secure and stable infrastructure ensures a seamless trading experience, making it a preferred choice for both beginner and experienced traders alike.

Overall, ATFXs trading platform is well-designed, user-friendly, and offer a range of advanced features suitable for both beginner and experienced traders. See the trading platform comparison table below:

Broker	Trading Platforms
ATFX	MT5
Valutrades	MT4/5, ValuTrader
RoboForex	MT 4, MT 5, cTrader, WebTrader, R MobileTrader, R StocksTrader
TigerWit	TigerWit Platform, MT4

Trading Tools

ATFX provides traders with a range of useful trading tools to enhance their trading experience. Among these tools are trading strategies, which offer predefined guidelines and methods to assist traders in making informed decisions in the market. These strategies cater to various trading styles and risk profiles, providing traders with a systematic approach to their trades.

Additionally, ATFX offers economic calendars, which display real-time updates on significant economic events, such as economic indicators and geopolitical developments. These calendars can be valuable in helping traders stay informed about potential market-moving events.

Deposits & Withdrawals

ATFX offers a diverse range of payment methods, including Visa, Mastercard, Neteller, Skrill, Perfect Money, and bank transfer, providing convenience and flexibility for traders to fund their accounts and withdraw profits. However, specific details about the minimum deposit and withdrawal amounts, associated fees, and processing times are not readily available on their website. This lack of transparency regarding essential financial details might pose challenges for traders in making informed decisions about their investments. To gain a comprehensive understanding of the deposit and withdrawal procedures, traders are encouraged to directly contact ATFX. Consulting the broker directly will ensure that traders receive accurate and up-to-date information, enabling them to plan their financial transactions effectively and avoid any unexpected charges or delays.

Customer Service

ATFX provides multiple customer service options to assist its clients in different areas. Customers can reach out to ATFX through various channels to address their queries and concerns as below:

Phone: +230 467 2000.

Support: cs.intl@atfxgm.com.

Disputes/Complaints: complaints.gm@atfxgm.com.

Partnerships: ib.gm@atfxgm.com.

For Middle East clients: cst@atfxgm.com.

Address: G08, Ground Floor, The Catalyst, Silicon Avenue, 40 Cybercity, 72201 Ebène, Republic of Mauritius

ATFX also provides the convenience of live chat as a customer support option, allowing traders to receive real-time assistance for their inquiries and concerns.

Conclusion

According to available information, ATFX is a non-regulated Mauritius -based brokerage firm. While the firm offers a range of market instruments such as Forex, Precious metals, Crude oil CFDs, Index CFDs, Shares CFDs, Hongkong Shares CFDs, Indices, Cryptocurrency, it is important to consider certain factors such as lack of regulations that may raise concerns. It is critical that potential clients exercise caution, conduct thorough research and seek up-to-date information directly from ATFX before making any investment decisions.

Frequently Asked Questions (FAQs)

Q 1:	Is ATFX regulated？
A 1:	No. It has been verified that this broker currently has no valid regulation.

Q 2:	Does ATFX offer the industry leading MT4 & MT5？
A 2:	Yes, ATFX offers MT5 platform.

Q 3:	Is ATFX a good broker for beginners？
A3:	No. It is not a good choice for beginners. It‘s been verified the broker currently has no valid regulations from recognized regulatory authorities.

Q 4:	Does ATFX offer demo accounts？
A 4:	Yes.

Q 5:	What is the minimum deposit for ATFX？
A 5:	The minimum initial deposit to open an account is USD 250.

Q 6:	At ATFX, are there any regional restrictions for traders？
A 6:	Yes. ATFX does not provide services to residents of certain countries, including but not limited to Hongkong, Canada (Provinces of British Columbia, Quebec, and Saskatchewan), Japan, Taiwan, Democratic People’s Republic of Korea (DPRK), Iran and United States of America (USA). Or any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.