ATFX

ATFX Overview

ATFX is the ATFX broker name is operated and owned by AT Global Markets (ATGM). The broker provides forex and CFDs that can be traded online. ATGM was established in the year 2017 and is an affiliate of the AT Group. The company has offices across The UK, Cyprus and UAE. ATFX’s websites are available in all three countries. ATFX websites are accessible in a variety of languages, including English.

ATFX broker collects prices with a variety of liquidity providers. This allows for the most secure spreads with minimal slippage, and the largest liquidity pool. The broker has over 100trading instruments, including foreign currency currency exchange pairs, indexes stocks, commodities, and more.

ATFX is a fully regulated online broker that offers low spreads on more than 100trading instruments with speedy execution speeds and extremely competitive commissions for trades. The company provides online traders with MT4 tools, tools, educational products, and superior customer service.

ATFX Advanatges:

“Standard regulation

The most significant benefit for trading with ATFX is the solid regulatory framework. ATFX is licensed by the UK’s Financial Conduct Authority and is part of an international consortium which also has an organization that is regulated by CyprusCySEC. CySEC.

– MT4 supported, attractive spreads

With ATFX the world-renowned Metatrader 4 is available in various forms and styles such as desktop downloads as well as a web-based version, and mobile apps.

The MT4 has proven its reliability through time and earned the respect of many forex traders thanks to its user-friendliness and customization options, as well as its excellent charts, as well as automated trading strategies (EAs).

In addition, spreads beginning at 1 pips for EUR/USD are similar to the average of the market.

– Use as high as 1:400 to help professionals

Another benefit in this broker’s offering is it has clients who are classified as professionals who have leverage ratios greater than 1:3.

– Cryptocurrency CFDs

The broker provides trading in currency pairs and also a variety of CFDs that include cryptocurrency. Digital assets are extremely popular trading instruments in the financial market and this is an advantage of ATFX. ATFX currently provides Bitcoin, Ethereum, Litecoin as well as Ripple.

ATFX disadvantages:

– Market Maker model

While ATFX claims to provide STP execution but under its Terms and Conditions, it acknowledges that it acts as an intermediary to all transactions, or as Market Maker. The simplest explanation for this is that when you’re trading with a market maker, you will not have direct access the actual decentralized forex market. Instead the broker is on the opposite part of your trading terminal and basically trades against you.

– Minimum deposit requirement a bit high

ATFX is a broker that requires $500 from customers to establish an account with live trading. Most brokers will require the $100-$250 range to starting point. There are a few brokers that haven’t made this a limit. For instance, you could begin trading using IG with just $1.

Conclusion

ATFX is an UK forex brokerage company that provides access to the CFD and forex market via the renowned MetaTrader 4 . While its trading policies and product range aren’t unique or unique in the world of forex, ATFX has a distinct advantage over its competitors. That is the fact that it has a solid regulatory.

In actual fact, ATFX is a part of the AT Group, which includes three companies: AT Global Markets (UK) Limited, Positiva Markets (CY) Limited, and AT Global Markets Limited. This UK entity is governed through the Financial Conduct Authority (FCA) while the Cypriot one is controlled by CySEC. We’re not certain of the 3rd company listed earlier as it is believed to be a target for Chinese investors.

The Cypriot part from AT Group, on the other hand, is the operator of the brokerage brand ATFXGM (atfxgm.eu) The terms and conditions are exactly like the ones of ATFX.

The regulation of brokers in the Forex market across each of the UK and Cyprus has strict guidelines regarding segregation of accounts for clients and minimum capital adequacy report on transactions, and much other things. In addition, FCA and CySEC licenses cover compensation schemes if the licensed company goes bankruptwith a maximum of GBP 50 000 or 20 000 dollars per client respectively.

Furthermore, PAMM accounts are also offered at ATFX.