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BROKER REVIEW · RANK #19 OF 139

ATFX review

Backed by a multi-entity global group holding FCA, ASIC and FSCA licences in addition to its Cyprus CIF licence.

3.49 / 5 overall CySEC No. 285/15 + FCA-licensed (FRN unconfirmed) + FSA Seychelles No. SD093 · est. 2017
Data last reviewed: 8 October 2026 Regulation last reviewed: 8 October 2026 Pricing last checked: March 2026 Next scheduled review: January 2027
Worth knowing: FCA-licensed; firm reference number not independently confirmed. single-source; provisional
Compare vs another broker Find similar brokers See alternatives Verify on CySEC register Verify on FCA register Verify on FSA Seychelles register Visit Broker
Regulated entityATFX Global Markets (Cy) Ltd
RegulationCySEC No. 285/15 + FCA-licensed (FRN unconfirmed) + FSA Seychelles No. SD093
Other Tier-1 regulatorsASIC, FSCA
Founded2017
HeadquartersLimassol, Cyprus (Cyprus entity); wider ATFX group headquartered in London, UK
Minimum deposit$200 (Standard account)
Avg. spread (EUR/USD)1.2 pips
PlatformsMT4, MT5
Instruments350+ CFDs across forex, indices, shares, commodities and cryptocurrencies

See ATFX's full regulation dossier → · How to check whether a forex broker is regulated

Strengths

  • Wide regulatory footprint -- CySEC and FCA plus 2 other regulator(s), including ASIC, FSCA

Weaknesses

  • Shorter operating history than most peers, trading since 2017

Score breakdown

Regulation & client protection
4.2 / 5
Trading costs
3.44 / 5
Non-trading fees
2 / 5
Platforms & tools
2.6 / 5
Execution / trading conditions
4 / 5
Product range
3.5 / 5
Deposits & withdrawals
3.75 / 5
Transparency
5 / 5
Track record
1.49 / 5

Who ATFX is -- and isn't -- a good fit for

Likely a good fit if you're...

  • EU- and/or UK-based traders who want the regulatory protections and investor compensation scheme that come with a CySEC and/or FCA licence (see Investor protection below).
  • Traders who prioritize regulatory breadth -- this broker holds one of the wider confirmed Tier-1 regulatory footprints in our researched set.

Look elsewhere if you're...

  • No specific "not for" signal in our researched criteria -- still confirm current terms directly with the broker.

Derived from the same confirmed data behind this broker's score (regulation, cost, platforms, deposit minimum) -- not a separate editorial judgment.

Investor protection

Via its FCA-regulated UK entity, eligible clients are covered by the UK's Financial Services Compensation Scheme (FSCS) up to £85,000 per person if the firm fails. Via its CySEC-regulated Cyprus entity, eligible clients are covered by Cyprus's Investor Compensation Fund (ICF) up to €20,000 per person if the firm fails. Via its Seychelles FSA-licensed entity, there is no statutory investor compensation scheme -- if that entity fails, there is no guaranteed fund to recover client money from.

Accounts, costs & support in more depth

Beyond the headline spread and minimum deposit above. Where our research hasn't independently confirmed a specific detail, we say so rather than guess -- verify directly with the broker before relying on it.

Account typesStandard (no commission, floating spreads reported from roughly 0.2-1.8 pips depending on source) and ECN/Raw (spreads from about 0.15 pips on EUR/USD, around $3.50/lot commission). Minimum deposit figures conflict across sources ($500, $5,000, and region-specific figures have all been cited) -- treat as unconfirmed and likely region-dependent. Islamic/swap-free accounts are available per general industry description, though ATFX-specific terms weren't found.
Execution modelIndependent sources describe ATFX as operating both STP and ECN execution models, with the ECN tier offering direct market access with no markup.
Withdrawals & depositsNo fee for bank transfer, card or e-wallet deposits (non-UK cards may occasionally be charged a fee, refundable on proof). Deposits credit within about 30 minutes (card/e-wallet) or 1 business day (bank transfer). Fee-free withdrawal above a threshold of roughly €/$/£100 (or the full balance if lower); below that, a €/$/£5 fee applies. Processing generally takes 1-3 days.
Overnight financing (swap)General swap mechanics (interest-rate differential plus broker markup) are described industry-wide, but ATFX's specific markup or calculation wasn't found. Islamic account swap-free terms weren't found either.
Currency conversion costNot independently confirmed -- no ATFX-specific conversion fee or rate was found; multiple base currencies (AUD, USD, EUR, GBP) are offered, which can reduce conversion exposure.
Inactivity feeNot found -- no ATFX-specific inactivity-fee figure was located in this research pass.
Customer serviceOne review aggregator gives it an overall score of 4.3, with customer support rated 4.6 and education a perfect 5.0; 24/5 multilingual support is offered via email, phone, WhatsApp and live chat, with independent commentary describing staff as friendly, helpful and professional.
Mobile experienceFigures conflict: its "AT GO" app shows 5.0/5 on the Apple App Store but from only 2 ratings (not a statistically meaningful sample), while a separate source cites 3.5 stars, possibly for an older/general ATFX app rather than AT GO specifically -- recheck against the live store listing before relying on either figure.
Educational offeringNoted as a strength in independent reviews, covering trading fundamentals, strategies, risk management and market insights; one source rated its education 5.0/5 and research 4.7/5.

See how ATFX's spread cost compares across every researched broker → · Forex broker fees explained

Frequently asked questions

Is ATFX regulated?

Yes -- CySEC No. 285/15 + FCA-licensed (FRN unconfirmed) + FSA Seychelles No. SD093. See the regulation dossier on this page for the underlying licence numbers.

Is my money protected if ATFX fails?

Via its FCA-regulated UK entity, eligible clients are covered by the UK's Financial Services Compensation Scheme (FSCS) up to £85,000 per person if the firm fails. Via its CySEC-regulated Cyprus entity, eligible clients are covered by Cyprus's Investor Compensation Fund (ICF) up to €20,000 per person if the firm fails. Via its Seychelles FSA-licensed entity, there is no statutory investor compensation scheme -- if that entity fails, there is no guaranteed fund to recover client money from.

What is the minimum deposit at ATFX?

Our research confirms a minimum deposit of $200 (Standard account).

What trading platforms does ATFX offer?

ATFX offers MT4, MT5.

What is ATFX's average spread on EUR/USD?

Our research confirms an average EUR/USD spread of 1.2 pips. See our cost calculator to compare this across every broker we've reviewed.

When was ATFX founded?

ATFX was founded in 2017.

How is ATFX's overall score calculated?

ATFX currently scores 3.49/5 overall under our disclosed nine-category methodology -- regulation & client protection 30%, trading costs 20%, non-trading fees 10%, platforms & tools 10%, execution/trading conditions 10%, product range 5%, deposits/withdrawals 5%, transparency 5%, track record 5%. It is not a comparison to other brokers and not based on hands-on testing.

How this score is calculated: Nine weighted categories against a fixed, disclosed rubric -- regulation & client protection 30%, trading costs 20%, non-trading fees 10%, platforms & tools 10%, execution/trading conditions 10%, product range 5%, deposits/withdrawals 5%, transparency 5%, track record 5% -- not a ranking relative to other brokers, and not hands-on tested. See the full methodology. Verify current terms directly with the broker and its regulator's public register before depositing funds. This is not personalized financial advice.

Recent changes

A dated log of when our own published data about this broker actually changed -- not a reconstructed history of what the broker itself did. See the full change log tool for every broker.

01 8 October 2026 Baseline recorded -- change tracking starts here. No prior change history is available for this broker.

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