ATFX is a multi-asset broker founded in 2017 and headquartered in Cambodia. It offers forex and CFD trading on an STP and ECN-style execution model, supports MetaTrader 4 and MetaTrader 5, and places a strong emphasis on education and research. This ATFX review covers regulation, account types, costs, platforms, funding and support, so you can judge whether the broker fits your trading style.

ATFX Overview

ATFX operates through several regulated entities, so the conditions you receive depend on which entity you register with. The table below summarises the headline details from our database and the broker's published information.

• Founded: 2017
• Headquarters: Cambodia
• Execution model: ECN/STP
• Platforms: MetaTrader 4, MetaTrader 5, and the ATFX mobile app
• Minimum raw spreads: 0.0 pips
• Maximum leverage: 1:500 on eligible instruments
• Instruments: 300+ across forex, commodities, indices, equity CFDs and ETFs

The broker's main draw is the combination of platform choice, third-party research tools and a broad learning library. Its cost structure is more complicated than the headline spread suggests, so the sections below go through the details.

ATFX Regulation and Safety

Trading with a regulated broker helps reduce the risk of fraud, but regulation depends on the specific entity you open an account with. ATFX lists the following regulators across its entities:

• UK Financial Conduct Authority (FCA)
• Australian Securities & Investments Commission (ASIC)
• Cyprus Securities and Exchange Commission (CySEC)
• South African Financial Sector Conduct Authority (FSCA)
• UAE Securities and Commodities Authority (SCA)
• Mauritian Financial Services Commission (FSC Mauritius)
• Seychelles Financial Services Authority (FSA)
• A Hong Kong regulator, referenced in the broker's materials
• Securities and Exchange Regulator of Cambodia (SERC)

Our regulation details for this broker are incomplete, so treat this list as the broker's stated regulators. Before depositing, check the licence number and entity name on the regulator's own website and confirm which entity will hold your account.

ATFX also describes several safety measures:

• Client funds are held separately from company funds
• Negative balance protection, which helps cap losses at your deposit
• $1M liability insurance per trader, arranged by Willis Towers Watson and underwritten by syndicates at Lloyd's of London, according to the broker

What is less clear is public detail about the senior management team. More transparency there would strengthen the overall picture.

ATFX Account Types

Account options vary by entity and regulator. In the international offering, the commission-free Standard account has a $500 minimum deposit. Other accounts mentioned include:

• Cent account, from $100
• Premium account
• Raw account, with commission pricing and a $10,000 minimum balance mentioned
• Demo account
• Swap-free Islamic account

Across account types, the broker lists a margin call at 100% margin, a stop-out at 30% margin, and a minimum trade size of 0.01 lots. Availability of each account depends on your entity, so confirm the exact options during registration.

ATFX Fees, Spreads and Trading Costs

Costs affect every trade you place, so the spread is only part of the picture. ATFX offers commission-free and commission-based pricing. The table below shows the minimum EUR/USD costs listed by the broker for each account type.

The raw account is the one to look at if you trade frequently and want the tightest pricing, since its commission is offset by much lower spreads. Other average costs listed in the source include roughly $18 for EUR/USD, $20 for GBP/USD, $25 for Bitcoin, $0.38 for gold and $0.05 for WTI crude oil, though these figures depend on the account and market conditions.

Non-trading fees are fairly simple:

• Inactivity fee: $10 per month (or currency equivalent) after 6 months with no activity
• Deposit fees: none listed internally, though payment providers may charge their own fees
• Withdrawal fees: generally free, except bank wires under $1,000
• Currency conversion fees: not clearly stated

Don't ignore swaps. Overnight financing can become your largest cost if you hold positions for several days. In MT4 and MT5, right-click the symbol in Market Watch, choose Specification, then check Swap Long and Swap Short before holding a trade open.

ATFX Markets, Leverage and Trading Hours

ATFX lists more than 300 instruments. The source breakdown includes 44 forex pairs, 11 cryptocurrencies, 6 metals and energies, 15 indices, and more than 200 equity CFDs and ETFs. The broker's materials are inconsistent on crypto, so confirm availability under your entity before funding an account.

Maximum leverage varies by instrument:

• Forex and some indices: up to 1:500
• Metals and energies: up to 1:400 (gas up to 1:50)
• Indices: up to 1:100
• Crypto: 1:10
• Equities: up to 1:20

Not every instrument qualifies for the top leverage. High leverage can magnify losses as quickly as gains, so position sizing matters more than the maximum figure. Trading hours differ by asset class, with currency pairs and crypto listed from Monday 00:05 to Friday 23:55, and ETFs on a narrower window.

ATFX Trading Platforms and Tools

ATFX supports MetaTrader 4 and MetaTrader 5 on desktop, web and mobile, plus the ATFX mobile trading app for users who prefer a simpler mobile-first experience. Desktop MT4 and MT5 are the better choice if you want full functionality, including automated trading. MT4 has a long-established library of custom indicators and Expert Advisors, while MT5 offers a broader ecosystem and additional features.

For research, ATFX integrates Trading Central and Autochartist. For social and managed options, the broker lists MAM and PAMM solutions, traditional managed accounts, and ATFX CopyTrade, which offers up to 100 signal providers per account.

A demo account is available for both MT4 and MT5 and can be customised. Registration is required, but verification is not needed for the demo. Demo trading helps you learn the platform, though it does not replicate the emotional pressure of trading real money.

ATFX Deposits and Withdrawals

Accepted funding methods include bank wire, credit and debit cards, Skrill, Neteller and Perfect Money. Deposits and withdrawals are handled through the secure client portal once your account is verified.

• Many methods process instantly or near-instantly
• Bank wires can take 3 to 7 days
• Withdrawals usually return to the original payment method where required
• The funding source name must match the trading account name because of AML rules
• Payment provider fees depend on the processor

Minimum deposit: The figures differ across sources. Our database lists a $50 minimum, while the broker's materials cite $500 for the Standard account and $100 for the Cent account. Check the exact minimum for your entity before you fund.

ATFX does not accept clients from Canada, Japan, the Democratic People's Republic of Korea, Iran or the United States, or from any jurisdiction where local law does not permit the service.

Account verification usually requires a government ID and proof of address, and it can take up to 24 hours. Extra documents may be requested, and verification is required before live trading.

ATFX Bonuses and Promotions

Our database lists a $100 forex deposit bonus as a current highlight. However, the broker materials used for this review did not describe any bonus terms, and at the time of that source no bonuses or promotions were listed. Before relying on any offer, read the eligibility, withdrawal and trading conditions in full, and check that the offer is available for your entity and country.

ATFX Education and Customer Support

Education is one of ATFX's strongest areas. The broker lists 6,500+ webinars, 3,400+ seminars, 85 short educational videos and 14 e-books, along with written research and a Trader Magazine. Quality varies across any large library, so judge the material on its clarity rather than its volume. New traders should also learn risk control and trade sizing from independent sources.

Support is available 24 hours a day, 5 days a week, through email, phone, WhatsApp and live chat, in several languages including English, Spanish, Arabic, French, German, Italian and Japanese. A dedicated FAQ section was not mentioned, so basic account questions may need to go directly to support.

Who ATFX Is For

ATFX suits several types of trader:

• Beginners who want MT4 or MT5, research tools and a large learning library
• Cost-focused traders comparing raw-spread accounts with commission
• Traders who want copy trading or managed account options
• Mobile-first traders who want a dedicated app

It may be less suitable if you need a clear, consistent answer on crypto availability or a single, simple fee structure, or if you live in one of the excluded countries. If you are comparing options, you may also want to read our XM Group review or JustMarkets review for alternative cost structures and account types.

Leveraged trading carries a high risk of losing money quickly, and it is not suitable for everyone. Only trade with funds you can afford to lose.