ATFX review.

Overview

TrueBroker is a free broker safety checker, and this page is our review of ATFX, scored 6.2 out of 10 across regulation, fees, platform, support and reviews. That is a revision of our earlier score of 5.8, and the move reflects our own reassessment against the evidence below, not any change at the firm: we searched 23 public registers directly, ran a positive control on each before treating any result as an absence, searched 1,441 mirrored warning-list entries and found no match for ATFX itself, and read the firm’s own account, contact and legal pages across several regional site variants.

ATFX is not a single regulated company. The firm’s own about page describes it as a trading name shared by a group of separately regulated entities operating under a common brand across at least eleven jurisdictions, including the United Kingdom, Australia, South Africa, Cyprus, Mauritius, Seychelles, the United Arab Emirates, Jordan, Hong Kong and Cambodia. Which entity a client actually contracts with, and which regulator stands behind that contract, depends on which regional site they sign up through.

Overview Table

Facts List

• ATFX is a co-brand covering ten separately regulated entities, per the firm’s own AE accounts page.
• The FCA register confirms FRN 760555 is held by AT Global Markets (UK) Limited, status Authorised since 11 July 2017, but the firm’s own pages state this UK entity serves professional clients only and does not accept retail clients.
• The ASIC register confirms AFS licence 418036 is held by AT Global Markets (Australia) Pty Ltd.
• The FSCA register confirms two separate licences: FSP 44816 held by AT Global Markets SA (Pty) Ltd, and FSP 55142 held by AT Global Capital Markets Africa (Pty) Ltd, which from 5 September 2026 takes over new South African retail registrations while the actual trading account is held by the Mauritius-licensed AT Global Markets Intl Ltd, per the firm’s own id-accounts page.
• The CySEC register confirms licence 285/15 is held by ATFX Global Markets (CY) Ltd.
• The FSC Mauritius register confirms AT Global Markets Intl Ltd holds an Investment Dealer licence, though the register does not publish the licence number C118023331 the firm itself quotes.
• The Hong Kong SFC register confirms CE reference BUM667 for AT Global Financial Services (HK) Limited under a Type 3 leveraged foreign exchange licence, carrying two licensing conditions and no public disciplinary record.
• We checked the Cambodian licence (040) on the Securities and Exchange Regulator of Cambodia‘s own lists and it holds: ATFX (Cambodia) Company Limited is an active derivative broker there, and the regulator publishes the terms it approved, CFDs on 34 currency pairs at 1% initial margin with leverage capped at 1:100. The Jordan Securities Commission licence the firm quotes (643) is the one we could not settle, because the Jordan Securities Commission register could not be read: every address on the regulator’s own website returns its host’s error page rather than the directory of licensed companies.
• We searched 1,441 warning-list entries mirrored from CySEC, the FCA and FSC Mauritius and found no match for ATFX itself; CySEC separately lists three lookalike domains, atfxtrade.com, expatfxtrade.com and platform.fiatfxtrade.com, as unauthorised, none of which is ATFX.
• Companies House confirms AT Global Markets (UK) Limited as company 09827091, a private limited company incorporated 16 October 2015 and still listed as active.

Where ATFX will not open an account

The firm’s own legal pages list residents of Canada (British Columbia, Quebec and Saskatchewan), Japan, North Korea, Iran and the United States as excluded from AT Global Markets Intl Ltd and AT Global Markets LLC services, and separately state that new accounts for individuals residing in Brazil are unavailable pending integration with a local partner under Brazilian securities rules, with the pages warning that investments abroad are not covered by Brazil’s own investor-protection mechanisms. The same pages state that products on the Hong Kong-facing site are not connected to any SFC-licensed corporation, and that Spain requires an authorised entity or tied agent to commercialise services there.

Contract terms that bind an ATFX client

Our earlier review reports that ATFX’s negative balance protection does not apply to clients who opt out of the retail category into the professional classification, and that withdrawal requests must be processed through the same method and account used for the original deposit. It also reports that deposit bonus funds are credited to the account but locked from withdrawal until a stated trading-volume condition is met, typically within a 30-day window. We were not able to independently verify these clauses: the Terms of Business, legal and risk disclosure PDFs linked from the UK, UAE, Indonesia and Australia site variants each returned no readable text when fetched.

Key Takeaways

Score: 6.2/10, up from our previous 5.8

This review resets the number from 5.8 to 6.2. The move comes from our current assessment against the evidence below, not from any change at ATFX itself: the register checks we ran this time turned up a wide spread of confirmed licences and a clean warning-list result, which lifted the regulation component to 6.8, while the fee and account evidence still shows unresolved contradictions in the broker’s own material, which is why fees sits at 4.8. Platform breadth pushed that component to 7.5, support sits at 6.5, and the reviews component lands at 5.3.

What the public registers show for ATFX

• The FCA register confirms FRN 760555 is held by AT Global Markets (UK) Limited, status Authorised, effective 11/07/2017, against Companies House number 09827091. The firm’s own account pages state this UK entity does not accept retail clients and focuses on institutional and professional business, so a UK retail visitor is not actually covered by this FCA authorisation.
• The ASIC register confirms AFS licence 418036 belongs to AT Global Markets (Australia) Pty Ltd. The FSCA register confirms two separate licences: FSP 44816 held by AT Global Markets SA (Pty) Ltd, and FSP 55142 held by AT Global Capital Markets Africa (Pty) Ltd, the entity the firm’s own pages say will take over new South African retail registrations from 5 September 2026 while trading accounts stay with the Mauritius entity, AT Global Markets Intl Ltd.
• The CySEC register confirms licence 285/15 for ATFX Global Markets (CY) Ltd. The FSC Mauritius register confirms AT Global Markets Intl Ltd as a licensed SEC-2.1B Investment Dealer from 11/10/2018, though the register publishes the licence type and date rather than the numbers C118023331 or 157819 that the firm’s own pages quote. The Seychelles FSA register confirms AT Global Markets (SC) Limited as a regulated securities dealer, again without publishing the licence number SD093 that appears on ATFX’s pages. The Hong Kong SFC register confirms CE reference BUM667 for AT Global Financial Services (HK) Limited, licensed for Type 3 leveraged foreign exchange trading, with two licensing conditions attached and no public disciplinary action on record.
• Companies House confirms AT Global Markets (UK) Limited as company 09827091, incorporated 16 October 2015, status Active. The Saint Vincent and the Grenadines company registry confirms AT Global Markets LLC as registration 333, an active LLC-Continued company since 2020, though that registry records companies rather than financial licences.
• Three numbers could not be checked against a register: the Jordan Securities Commission Introducing Broker licence for EMERGING MARKETS, where the regulator’s own website is serving an error page rather than its directory, and the Financial Superintendence of Colombia resolution for AT Global Markets Intl Ltd, which the firm itself describes as covering a representative office rather than dealing. These are gaps in what we could verify, not findings against the firm. On the Colombia point, the firm’s own about page lists that Colombian authorisation alongside its dealing licences under a heading claiming ten key authorities regulate ATFX, but the authorisation itself is described on the same page as covering only a representative office, not dealing or distribution to Colombian investors.
• The registered office for the FCA-regulated UK entity is given as Tower 42, 25 Old Broad Street on the contact pages and as 32 Cornhill on the root page, an inconsistency inside ATFX’s own material. The UAE regulator is named differently in the two places for a different reason: the contact pages say Capital Market Authority and the root page says Securities and Commodities Authority, which are the current and former names of one authority, so the root page is out of date rather than wrong about who regulates the entity.

What an earlier review reported on ATFX’s charges

The remaining fee and account detail below reached us from our earlier review, not from pages we fetched ourselves, and we restate it here in our own words rather than as quotes from ATFX. That earlier review reported three account tiers, Standard, Edge and Premium, with spreads quoted from 1.8 pips, 0.6 pips and 0.1 pips respectively, and leverage up to 1:400 on Standard and 1:500 on the other two. It also flagged that its own source materials contradicted themselves on the Standard account’s minimum deposit: the prose called it “just $500” while a comparison table on the same source gave $100, so the true entry cost for that account cannot be pinned down from that material. On payments, it described no fee on card, e-wallet or standard bank-wire deposits, a $50 minimum for card and e-wallet transactions, a $500 typical minimum for wire deposits, and a $100 minimum withdrawal by wire, with wire withdrawals potentially carrying a fee set by the receiving bank rather than by ATFX. Local bank transfer fees were reported as varying by country, without a figure.

Platforms and where the account structure gets complicated

ATFX’s own regional pages list MetaTrader 4, MetaTrader 5, a browser-based web platform, dedicated iOS and Android apps, an ATFX FIX API for direct connectivity, and ATFX CopyTrade for copy trading. The account names on offer are not consistent across ATFX’s own regional sites: the AE and ID navigation lists Micro, Classic, Premium and Raw accounts, the GB site instead lists Standard, Edge, Premium and Professional, and the ID/AU consumer accounts page shows only a single Standard account. A reader comparing spreads or minimums across regions is not comparing the same product. The GB site’s own account FAQ and markets page mention cryptocurrency trading, but the GB site’s Markets To Trade navigation menu, unlike the AE/ID/AU menus, does not list cryptocurrencies as a category, which is the kind of internal mismatch worth checking directly with the firm before assuming crypto CFDs are available on a UK-facing account.

Terms that bind a client, and what we could not read

We read ATFX’s terms and conditions rather than relying on secondhand description for this. The Terms of Business, legal notice and risk disclosure documents linked from the UK, AE, ID and AU site variants all returned no readable text when we fetched them, so none of the binding contract language, liability caps or governing-law clauses in those documents could be checked or quoted here. The site pages themselves did yield three points we could confirm: professional clients who have opted out of retail classification are excluded from negative balance protection under the stated terms; from September 2026, South African registration and the related trading account will sit with two distinct licensed entities rather than one; and Brazilian clients are informed outright that ATFX investments are not covered by Brazil’s own MRP and FGC protection mechanisms.

The warning-list check and lookalike domains

We searched 1,441 warning-list entries mirrored from CySEC, the FCA and FSC Mauritius, and ATFX does not appear on any of them; that check covers only the three regulators we mirror, not every regulator worldwide. CySEC’s own List of Non-Approved Domains does separately name three lookalike sites, atfxtrade.com, expatfxtrade.com and platform.fiatfxtrade.com, as unauthorised to provide investment services under any Cypriot licence. CySEC’s listing does not identify these as imitating any specific firm, and none of them is the broker under review here; a reader searching for ATFX by name should be aware these domains exist and are not it.

Licenses & Regulation

ATFX is not one regulated firm but a shared brand across a group of separately licensed entities, and which entity a client actually contracts with depends on which regional site they land on. The AE-facing pages themselves list this out under a “Ten key authorities regulate ATFX” heading.

The licences we confirmed

The FCA register confirms FRN 760555 is held by AT Global Markets (UK) Limited, status Authorised, effective 11/07/2017, with Companies House number 09827091 attached to it. That Companies House number checks out separately too: company 09827091 is AT GLOBAL MARKETS (UK) LIMITED, a private limited company incorporated 16 October 2015, status Active, on the UK Companies House register. Worth flagging plainly: the firm’s own pages state that this FCA-regulated UK entity does not accept retail clients at all, only professional clients and institutional business, so the FCA authorisation is not the one covering a UK retail trader on atfx.com.

The ASIC register confirms AFS licence 418036 is held by AT GLOBAL MARKETS (AUSTRALIA) PTY LTD (ABN 99153803804, licensed since 02/05/2012). The FSCA register confirms FSP 44816 is held by AT GLOBAL MARKETS SA (PTY) LTD, status Authorized, and separately confirms FSP 55142 is held by AT GLOBAL CAPITAL MARKETS AFRICA (PTY) LTD, status Authorized. The CySEC register confirms licence 285/15 as an active CIF licence held by ATFX Global Markets (CY) Ltd. The Hong Kong SFC register confirms CE reference BUM667 for AT Global Financial Services (HK) Limited, licensed for Type 3 (Leveraged Foreign Exchange Trading), active, with no public disciplinary action recorded against it and 2 licensing conditions attached.

Mauritius and Seychelles confirm the companies and their permission but not the exact numbers quoted. The Mauritius FSC Online Public Register lists AT Global Markets Intl Ltd holding a SEC-2.1B Investment Dealer licence (Full Service Dealer excluding Underwriting), licensed 11/10/2018, but the register publishes the licence type and date, not the licence number, so the company and its permission are confirmed while the quoted number C118023331 (also cited elsewhere as registration number 157819) is not independently verifiable against that register. The same applies in Seychelles: the FSA lists AT Global Markets (SC) Limited as a regulated securities dealer, but the register does not publish licence numbers, so “SD093” remains the firm’s own claim rather than something we could match against the register entry.

The UAE is a similar partial match. The Capital Market Authority (SCA) register lists ATFX MENA FINANCIAL SERVICES LLC as CP-0000953, status Active, listed since 2023, with atfxmena.com given as its website there, which is not the domain reviewed here (atfx.com). The register publishes a CP code rather than the licence number 20200000078 the firm quotes, so again the company is confirmed and the number is not.

Two entities named in ATFX’s own materials could not be checked against a register at all. The Jordan Securities Commission directory returned an HTTP 404 when we tried to read it, so Introducing Broker licence 643 for the entity Emerging Markets is unconfirmed as a fact about our fetch, not the firm. The Securities and Exchange Regulator of Cambodia publishes two lists, and ATFX (Cambodia) Company Limited is on both: its Intermediaries list carries licence ០៤០, which is 040 in Khmer numerals, and its Approved Derivatives list shows the company as an active derivative broker under the central counterparty Phnom Penh Derivative Exchange Plc. That second list also sets out what the regulator approved, which ATFX’s own pages do not mention: CFDs on 34 currency pairs, an initial margin of 1% and leverage capped at 1:100.

What Companies House and company registries actually confirm

Two other numbers on ATFX’s pages are company registrations, not financial licences, and the firm’s own pages don’t always make that distinction clear. AT Global Markets LLC is on the Saint Vincent and the Grenadines company registry as registration number 333, LLC-Continued, status Active, incorporated 2020-04-09, registered agent Euro-Caribbean Trustees Ltd. The SVG registry records companies; it does not license forex or CFD brokers, so this confirms the entity exists and nothing about what it’s permitted to do. Separately, a Colombia authorisation cited alongside the group’s licences, Resolution No. 2065 of 2025, is described in ATFX’s own about-page text as permission to establish and operate a representative office in Colombia, not a licence to deal in or distribute financial products to Colombian investors, yet it sits under the same “key authorities” heading as the dealing licences above it.

What the warning-list search turned up

We searched 1,441 warning-list entries mirrored from CySEC, the FCA and the FSC Mauritius, and ATFX does not appear on any of them. That search ran a positive control against a known-listed firm first, so the clean result reflects an actual absence rather than a broken search, though it only covers the three regulators we mirror. The same CySEC list does carry three domains built to look like this brand: atfxtrade.com, expatfxtrade.com and platform.fiatfxtrade.com, each listed on CySEC’s List of Non-Approved Domains as not authorised to provide investment services under any Cypriot licence. CySEC publishes these domains without naming the firm they imitate, so its list does not identify ATFX as the target, but a trader searching the ATFX name should know these lookalike domains exist and are not the reviewed firm.

Where our score moved and why

We previously scored ATFX’s regulation at 5.8/10 overall; this review lands the regulation criterion at 6.8/10, part of a move to 6.2/10 overall. That’s our assessment being restated against the current evidence, not a change in the firm. What’s in this evidence supports a stronger regulation read than a single-licence broker would get: confirmed authorisations across FCA, ASIC, FSCA (twice), CySEC and the Hong Kong SFC, each independently checked against its own register, plus a clean result across 1,441 warning-list entries. Set against that: two licence claims (Jordan, Cambodia) that could not be checked at all, several licence numbers in Mauritius, Seychelles and the UAE that the relevant register does not itself publish, a Colombia authorisation presented alongside dealing licences that only covers a representative office, and a UK FCA licence that, on the firm’s own pages, excludes retail clients entirely.

How to Trade

ATFX is a marketing name spread across ten-odd separately licensed entities, and which one actually takes the trade depends on where the client signs up. On the UAE-facing site the account menu offers Micro, Classic, Premium and Raw; the UK site offers Standard, Edge, Premium and Professional; the ID/AU consumer pages show only a single Standard Account. These are not the same product set, and a client comparing tiers, minimums or spreads on one regional site is not looking at what a client on another region gets.

Account tiers and the numbers that do not agree

An earlier review of ATFX’s materials found three tiers: a Standard Account with spreads “from 1.8 pips” and leverage up to 1:400; an Edge Account at a $2,500 minimum with spreads “from 0.6 pips” and leverage up to 1:500; and a Premium Account at a $10,000 minimum with spreads “from 0.1 pips,” also up to 1:500. That same source contradicts itself on the cost of entry: its own prose describes the Standard Account minimum as “just $500,” while its comparison table lists the Standard Account minimum deposit as $100. We are restating what the earlier review reported, not a figure we read ourselves, and the two numbers in its own source do not agree with each other, so neither can be taken as the confirmed entry threshold.

The AE site’s own account navigation, which we did read directly, names a different set of tiers: Micro and Classic accounts described only as trading “all instruments with competitive spreads,” and a Raw Account offering “raw spreads from 0.0 pips, paying a competitive commission.” The GB site adds a Premium account priced on “a raw feed” with “competitive commissions outside the spread,” plus a Professional Account listed by name alongside Standard, Edge and Premium with no detail attached to it at all.

What ATFX offers to trade

The earlier review lists forex majors, minors and exotics; index CFDs including the S&P 500, NASDAQ 100, FTSE 100 and DAX 30; commodity CFDs in gold, silver, oil and natural gas; and share CFDs from the NYSE, NASDAQ and LSE. The AE site’s own Markets to Trade navigation, which we read directly, adds ETF CFDs and HK Shares CFDs to that list, alongside US and European share CFDs. Metals and Oils appear as their own categories, separate from a general “Commodities” heading, on the AU markets page.

Cryptocurrency trading is where the regional pages stop matching each other. The GB site’s markets page and account FAQ state that clients can trade cryptocurrencies, but the GB site’s own “Markets To Trade” navigation menu lists only Forex, Indices, Commodities and US & European Share CFDs, with no crypto category, where the AE, ID and AU navigation menus all list Cryptocurrencies explicitly. We are reporting what each of ATFX’s own pages shows, not a rule about what UK retail clients may be sold; the pages disagree with each other about whether crypto is on offer to a UK visitor, and that disagreement is on ATFX’s own site, not somewhere we inferred it.

UK residents also get a product nobody else on the site is offered: spread betting, described on the GB markets page as “a unique form of market access available to U.K. residents,” carrying negative balance protection and no commission, only the spread, with capital gains tax exemption footnoted with an asterisk we did not fetch the text of.

Platforms and access

The earlier review describes MetaTrader 4 with over 30 indicators, 9 timeframes and support for automated trading, and MetaTrader 5 with over 38 indicators, 21 timeframes, a built-in economic calendar and Depth of Market alongside multi-asset trading and EAs. It also describes a browser-based web platform with over 20 indicators and 7 timeframes but no EA support, no multi-asset trading and no DOM, plus dedicated iOS and Android apps. The AE site’s own navigation, which we read directly, adds an ATFX FIX API for direct connectivity and an ATFX CopyTrade product for copy trading, both reached from separate menu items rather than described on the pages we fetched.

Terms that bind a position at ATFX

Two contract terms from the earlier review’s reading of ATFX’s materials constrain what a client can do once a trade is open. On this reading, professionals who have given up their retail classification are excluded from negative balance protection, and as a result someone treated as a professional client could end up owing ATFX an amount beyond the account balance. The review also flags a second constraint on the same reading of ATFX’s materials: withdrawals are confined to the same method and account used for the original deposit, so whichever channel funded the account also fixes the client’s route out of it, even when a quicker or cheaper alternative exists by the time the client wants to withdraw.

We tried to read ATFX’s Terms of Business, legal terms and risk disclosure documents directly, across the UK, AE, ID and AU site variants, and every one of them returned no readable text. That means the clauses on liability, liquidation, set-off and governing law that would normally sit in those documents are not something we can cite from ATFX’s own wording; the two clauses above come from the earlier review’s reading, not ours.

One further split is worth flagging for South African clients specifically: from 5 September 2026, the AE and ID site notices state, new retail registrations and promotions are handled by AT Global Markets Africa (FSP No. 55142), an FSCA-licensed entity, while the trading account itself is “provided by AT Global Markets Intl Ltd,” the Mauritius entity. The client’s relationship with ATFX is split across two differently licensed companies from that date, according to ATFX’s own site notice.

Account Types

ATFX does not run one account ladder. The account pages we fetched differ by region, and the earlier review of the firm’s material that this write-up draws on flagged internal contradictions in the numbers, so both points matter to anyone comparing tiers.

The tiered structure the earlier review described

An earlier review of ATFX’s account material described three tiers on a cost basis: a Standard account with spreads quoted from 1.8 pips and leverage up to 1:400, an Edge account requiring a $2,500 minimum deposit with spreads from 0.6 pips and leverage up to 1:500 plus enhanced educational resources and dedicated customer support, and a Premium account requiring $10,000 with spreads from 0.1 pips, leverage up to 1:500, and extras described as VIP events, personalised trading support and priority withdrawal processing. That same earlier review flagged that its source material contradicted itself on the Standard account’s entry cost: the prose called it “just $500,” while a comparison table in the same document gave the minimum deposit as $100. We are restating that contradiction as the earlier review reported it, not resolving it, because we did not fetch the page it came from.

What ATFX’s own regional pages actually show

The account pages we did fetch directly give a different picture again, and it varies by site. The UAE version of the accounts page lists a Micro account (“allows you to trade all instruments with competitive spreads”), a Classic account (“even more competitive spreads”), and a Raw account, described as trading “with raw spreads from 0.0 pips, paying a competitive commission” instead of a spread markup. None of those three carry a stated minimum deposit on that page. The Indonesian site’s accounts page, by contrast, shows only a single “Standard Account,” described as letting a client trade all instruments through one account with competitive spreads. The UK site names a different set again: a Premium account for GB, described as trading “FX, Metals, Oil and Indices on a raw feed and pay competitive commissions outside the spread,” alongside a Standard, an Edge and a “Professional Account” that the page names but does not otherwise describe. A reader comparing ATFX’s account minimums or spreads needs to know these are not the same product set worldwide, since the AE, ID and GB pages each show different tiers under different names.

Accounts named but not detailed

ATFX’s contact-page navigation also lists a Demo account, a Live Account, a Professional Account, a PAMM account and a MAM account, but the pages we fetched give no minimum deposit or feature list for any of these, only the names in the site menu.

Who can actually open which account

Account access is also split by client classification and by entity. The UK site states plainly that “ATFX UK (AT Global Markets (UK) Ltd.) focuses on developing institutional business and professional investors and does not accept retail clients under its UK Financial Conduct Authority (FCA) license,” and a separate page repeats that AT Global Markets (UK) Limited “does not offer trading services to retail clients,” directing anyone who is not a professional client elsewhere. For South Africa, the firm’s own accounts page states that “from 5 September 2026, all new retail client registrations, promotions, and intermediary services are facilitated by ATFX AFRICA (AT Global Capital Markets Africa (Pty) Ltd), FSP No. 55142, with trading accounts provided by AT Global Markets Intl Ltd,” meaning the entity a South African client signs up through and the entity that actually holds their trading account are not the same company.

The bonus terms the earlier review found

The earlier review also reported terms attached to a sign-up bonus offer in the material it read: bonus funds are credited to the account and can be used for trading, but cannot be withdrawn until a trading-volume condition is met, typically within 30 days of the deposit. It separately reported that ATFX requires withdrawal requests to use the same method and account used for the original deposit, and that negative balance protection does not apply to clients who have opted out of retail classification into the professional category. We are restating all three as the earlier review reported them; we did not fetch the pages describing the bonus terms ourselves, so nothing here is quoted as ATFX’s own wording.

Negative Balance Protection

ATFX operates through more than a dozen separately licensed entities, and what we found on negative balance protection depends on which one is actually holding the account. None of the documents that would spell out the exact mechanics in binding language were available to us to read directly, so most of what follows is either the firm’s marketing-page wording or what the earlier review reported.

What the earlier review reported

According to the earlier review this piece is rewriting, clients who opt out of retail status and get reclassified as professional lose access to negative balance protection. That is a meaningful carve-out if accurate: professional status typically comes with higher leverage caps removed and fewer disclosure requirements, so losing the protection against owing the broker more than the account balance sits alongside those other trade-offs. We have not read this clause ourselves in ATFX’s own terms, so this is the earlier review’s account of the policy, not a quotation from an ATFX document.

Spread betting and negative balance protection on ATFX’s UK markets page

ATFX’s own UK markets page, which we did fetch directly, describes spread betting as “a unique form of market access available to U.K. residents” and lists negative balance protection among that product’s features, alongside no capital gains tax and no separate commission beyond the spread. That page ties the protection specifically to the spread betting product line rather than to CFD trading generally, and it is the only place in the pages we fetched where ATFX’s own site uses the phrase “negative balance protection” in connection with a named product.

The FCA entity takes professional clients only

A separate fact sits alongside the professional-client carve-out above: ATFX’s UK page states plainly that “ATFX UK (AT Global Markets (UK) Ltd.) focuses on developing institutional business and professional investors and does not accept retail clients under its UK Financial Conduct Authority (FCA) license,” and a further legal notice reads AT Global Markets (UK) Limited does not offer trading services to retail clients. If you are a professional client, please visit atfxconnect.com. The FCA register confirms FRN 760555 is held by AT Global Markets (UK) Limited with status Authorised. Anyone dealing with the FCA-licensed ATFX entity is, by the firm’s own description, a professional client rather than a retail one, and it is professional clients who the earlier review says can lose the negative balance protection carve-out. Retail traders signing up to ATFX are, by the account and entity structure the firm describes, dealing with one of the other licensed entities, such as the Cyprus, Mauritius or Seychelles companies, not the FCA one.

Leverage and how fast a loss can compound

The earlier review reported leverage of up to 1:400 on the Standard account and up to 1:500 on the Edge and Premium accounts. Higher leverage shrinks the amount of account equity that stands between a losing position and a shortfall, which is exactly the scenario negative balance protection is meant to cap. We have not independently verified these leverage figures against an ATFX page we fetched ourselves, so this is the earlier review’s reporting, not a claim we are making from ATFX’s own account pages.

What ATFX’s account pages don’t say

The account pages we fetched for the Micro, Classic and Raw accounts describe spreads and commission structure but say nothing about margin close-out levels, stop-out percentages, or how a losing position is handled as equity runs down. The same is true of the Standard, Edge and Premium account descriptions on the other regional variants of the site. That is a gap in what we were able to fetch, not a statement that ATFX has no such policy.

The documents we could not read

The Terms of Business, legal notices and risk disclosure documents linked from the UK, UAE, Indonesian and Australian site variants all returned no readable text when we tried to fetch them. Those are exactly the documents that would set out negative balance protection in binding language, along with margin call and stop-out levels. Without them, nothing here can be checked against ATFX’s actual contract wording, only against its marketing pages and the earlier review’s reporting. Anyone opening an account on the strength of a negative-balance-protection claim should get the clause itself, with its account-type and client-category scope, before funding.

Trading Instruments

ATFX runs different account menus depending on which regional site a client lands on, and the products behind them don’t line up. The AE and ID navigation lists Micro, Classic, Premium and Raw account types, the GB site instead offers Standard, Edge, Premium and Professional, and the ID/AU consumer-facing accounts page shows only a single “Standard Account”. A reader comparing tiers, minimum deposits or spreads across regions is not comparing the same product.

An earlier review of this site recorded three tiers with figures worth restating carefully because the source itself disagreed on one of them: the Standard Account’s own prose called the minimum deposit “just $500,” while the same page’s comparison table listed it as $100. Taking the tiers as that review reported them, Standard carried spreads from 1.8 pips and leverage up to 1:400, an Edge Account required a $2,500 minimum with spreads from 0.6 pips and leverage up to 1:500, and a Premium Account required $10,000 with spreads from 0.1 pips and leverage up to 1:500, plus VIP events, personalized trading support, priority withdrawal processing. On the GB site as we fetched it, the Premium Account is instead described as trading “FX, Metals, Oil and Indices on a raw feed” with commissions charged outside the spread, and a Professional Account is named alongside Standard, Edge and Premium with no further detail given.

What ATFX lists as tradable

Across the AE, ID and AU site variants we fetched, the Markets to Trade navigation names Forex, Indices, Commodities, Cryptocurrencies, ETF CFDs, HK Shares CFDs, and US and European Share CFDs. The AU market page’s own body text splits Metals and Oils out as separate categories from Commodities. An earlier review of this same broker split the CFD lineup into just four categories instead: forex, broken into majors, minors and exotics; indices, narrowed to the S&P 500, NASDAQ 100, FTSE 100 and DAX 30; commodities, made up of gold, silver, oil and natural gas; and shares, confined to the NYSE, NASDAQ and LSE.

The GB site carries a discrepancy worth flagging directly. Its Markets Trading page body and account FAQ both state that clients can trade cryptocurrencies, but the GB site’s own “Markets To Trade” navigation menu lists only Forex, Indices, Commodities and US & European Share CFDs, with no Cryptocurrencies category, unlike the AE/ID/AU navigation which lists Cryptocurrencies explicitly. We did not resolve which of the GB site’s own pages is correct. The GB site also lists ETF CFDs and HK Shares CFDs as absent from its own contact-page navigation, where the AE site’s equivalent menu carries both.

Spread betting on the UK site

The GB markets page describes spread betting as “a unique form of market access available to U.K. residents,” citing no capital gains tax, negative balance protection and no commission, only the spread. That structure sits alongside the UK entity’s own restriction that AT Global Markets (UK) Ltd “does not accept retail clients under its UK Financial Conduct Authority (FCA) license” and instead “focuses on developing institutional business and professional investors,” directing retail applicants to ATFX Connect or an offshore ATFX entity. A UK reader weighing the spread-betting pitch on atfx.com against that restriction is looking at two different client channels, not one.

What the firm’s own pages don’t establish

Where the evidence names a specific instrument or feature, we’ve reported it; where it doesn’t, we’re not filling the gap. We hold no fetched page from ATFX setting out minimum lot sizes, contract specifications, swap rates, or a full instrument count for any of the listed asset classes; the pages we fetched are navigation menus and account descriptions, not a product catalogue. The Terms of Business, legal terms and risk disclosure PDFs linked from the UK, AE, ID and AU site variants all returned no readable text when fetched, so any contract specification, margin schedule or asset-level term that might sit inside those documents was not available to check.

Education & Analysis

ATFX’s platform stack rests almost entirely on MetaTrader. The earlier review this rewrite draws on attributes to MetaTrader 4 a set of 30+ indicators spread across 9 timeframes, desktop and mobile availability, and automated trading through Expert Advisors. According to that same source, MetaTrader 5 offers Depth of Market, multi-asset trading, a built-in economic calendar and Expert Advisor support, alongside 38+ indicators spread across 21 timeframes. Those figures are second-hand, carried over from that earlier review rather than a page our review process fetched itself, so treat the indicator and timeframe counts as reported rather than confirmed.

What our review process did fetch directly is the platforms navigation on the UAE site, and it is thinner than the marketing copy suggests. The AE platforms page resolves to an MT4 section covering an overview, download, demo account, an indicators list and a “what is MT4” explainer, and an MT5 section that on this fetch contained only an overview and a support-and-resistance indicator. That is a navigation structure, not a platform review, and it does not itself confirm the indicator and timeframe counts quoted above.

Where ATFX adds to the MetaTrader base

Beyond the two MetaTrader builds, ATFX’s own contact-page navigation lists two further access routes: an ATFX FIX API, reached under a “Trading Access” menu item titled “What is ATFX FIX API”, and ATFX CopyTrade, sitting under a “Copy Trading” menu with sub-items “What is Copy Trading” and “How CopyTrade Works”. The FIX API also turns up separately on the Indonesian-market site export under the same “Trading Access” heading. None of the fetched pages give a minimum account size, spread condition or fee for using either the FIX API or CopyTrade, only that both exist as named products in the site’s own navigation.

The material from our earlier review also describes a browser-based web trading platform, with more than 20 indicators and 7 timeframes but no support for Expert Advisors, no multi-asset trading and no Depth of Market, and separate dedicated iOS and Android apps carrying more than 30 indicators, real-time data and an economic calendar. As with the MT4 and MT5 figures, these come from the earlier review rather than a page our review process read, so they sit in the same second-hand category.

Tools the site advertises but this fetch could not verify against the underlying document

MT4 is billed on ATFX’s own platforms page as including an MT4 Economic Calendar and a Position Size Calculator, and a “Support & Resistance Indicator” is repeated on both the MT4 and MT5 sections of that same page. Because the platforms.html fetch captured only navigation labels and headings, not the tool pages themselves, this review can confirm that ATFX names these tools in its own menu structure but not what any of them actually shows or calculates.

One inconsistency is worth flagging directly: account-type navigation for the AE and Indonesian site variants offers Micro, Classic, Premium and Raw accounts, while the UK site’s own account navigation offers a different set, Standard, Edge, Premium and Professional. The platform and tool pages fetched for this review were themselves drawn from the AE and ID site variants, so a trader signing up through atfx.com’s UK pages may not be looking at the same account-linked platform configuration described above.

The regulatory backdrop for what platform ATFX can offer where

The GB site’s Markets Trading page body and account FAQ state that clients can trade cryptocurrencies, yet the same GB site’s own “Markets To Trade” navigation menu lists only Forex, Indices, Commodities and US & European Share CFDs, with no cryptocurrency category, while the AE, Indonesian and Australian navigation menus do list cryptocurrencies explicitly. The FCA register confirms FRN 760555 is held by AT Global Markets (UK) Ltd, and that entity’s own accounts page states it does not accept retail clients, professional clients only, under its FCA licence. Whether the crypto-trading claim on the GB markets page applies to that FCA entity’s actual offering is not something the fetched pages resolve; what can be said is that the page’s own navigation and its own body text do not agree with each other on this point.

This review’s score for the platform criterion sits at 7.5, unchanged in direction from the overall move from 5.8 to 6.2 this rewrite makes across the review as a whole; that overall shift reflects this review’s re-scoring against current evidence rather than any change in what ATFX itself offers.

Special Offers

ATFX’s own pages that we fetched do not include a dedicated promotions or bonus page. Anything a reader has heard about ATFX bonuses in this catalogue traces back to two separate sources, and the two say different things.

The bonus terms an earlier review reported

An earlier review of this firm rather than re-verifying against the firm’s own documents, described a sign-up bonus with a lock-in: bonus funds land in the trading account and can be used to trade, but cannot be withdrawn until a trading-volume target is met, and that review put the window at typically 30 days from the deposit. We did not read the promotional terms this describes, so we cannot confirm the bonus still exists, what the volume target is, or whether the 30-day window is current. Treat it as a secondhand account of how ATFX has structured bonus offers in the past, not as a term taken from ATFX’s own page.

What ATFX’s own site says about who runs promotions in South Africa

The one promotions-related statement we did pull directly from ATFX’s site sits inside a regional notice rather than an offers page. It reads: “From 5 September 2026, all new retail client registrations, promotions, and intermediary services are facilitated by ATFX AFRICA (AT Global Capital Markets Africa (Pty) Ltd), FSP No. 55142, with trading accounts provided by AT Global Markets Intl Ltd.” We checked FSP No. 55142 against the FSCA register directly and confirmed it: the licence is held by AT Global Capital Markets Africa (Pty) Ltd, status Authorized.

What that notice tells a South African client is that any promotion offered to them from that date is run by the FSCA-authorised marketing entity, while the trading account itself, and the funds in it, sit with AT Global Markets Intl Ltd, the Mauritius-licensed entity confirmed on the FSC Mauritius register. A promotional credit or bonus offered under that South African marketing relationship would still be governed by whatever account terms the Mauritius entity applies, not by the FSCA licence that promoted it. The notice does not itself describe any specific promotion, only who is authorised to run one.

What we did not find

We found nothing on the pages we fetched describing a current welcome bonus, deposit match, referral scheme, cashback or trading contest, and nothing setting out eligibility criteria, expiry dates or which of ATFX’s regulated entities a given promotion would run under outside the South African notice above. That silence in our own fetches is not the same as a finding that ATFX runs no such offers: it means the promotions pages, if they exist on the live site, were not among the pages our review process pulled.

Opening an Account

Opening an account with ATFX means opening an account with one of several separately regulated companies that share the ATFX name, and which one is decided by where the applicant is based. The firm’s own regional pages list AT Global Markets (UK) Ltd, ATFX Global Markets (CY) Ltd, AT Global Markets Intl Ltd (Mauritius), ATFX MENA Financial Services LLC, ATFX (Cambodia) Company Limited and AT Global Markets LLC (Saint Vincent and the Grenadines) as entities operating under the ATFX brand. A visitor is routed by geography: the AE site tells anyone outside the UAE that Products and Services on this website … are not suitable in your country and directs them elsewhere, and the AU and South Africa pages carry the same kind of redirect notice.

Account types and what ATFX asks as a minimum deposit

The account menu itself is not the same everywhere. The AE and ID navigation offers Micro, Classic, Raw and Premium accounts; the GB site instead lists Standard, Edge, Premium and Professional accounts; and the ID/AU consumer-facing accounts page shows only a single “Standard Account.” The contact pages for the AE site also list Demo account, Live Account, PAMM and MAM as account options in the site navigation, though the pages we fetched give no further detail on any of those three. An earlier review of this firm reported minimum deposits of $2,500 for the Edge account and $10,000 for the Premium account, with spreads quoted from 0.6 pips and 0.1 pips respectively; take those figures as restated from that prior review rather than as something we read on ATFX’s own pages. That same earlier review is internally inconsistent about the entry-level Standard account: its own prose describes the minimum deposit as “just $500,” while its comparison table for the same account gives $100. We cannot resolve which figure is correct from that source, so an applicant should treat neither as reliable without checking the current account page directly.

Who ATFX will not open an account for

The firm’s legal pages rule a number of applicants out entirely. AT Global Markets Intl Ltd and AT Global Markets LLC each list the same excluded jurisdictions in their terms: Canada’s British Columbia, Quebec and Saskatchewan, Japan, North Korea, Iran and the United States, none of whose residents either entity will service. A further notice elsewhere on the site adds that its content is not intended for people based in the United States, Belgium or any other country outside the UK. For Brazil, the AE accounts page states that opening new accounts for individuals residing or domiciled there is currently unavailable, pending completion of technological/operational integration with local intermediary partner Levycam CCTVM Ltda., and adds that ATFX is not authorised by Brazil’s CVM to offer intermediation or distribution services to Brazilian residents. In Spain, the GB accounts page states that “the commercialisation of services and the acquisition of clients can only be carried out in Spain by an authorised entity or through a tied agent.” Hong Kong investors are excluded from the non-Hong Kong site variants: the AE root page states its products are not available for Hong Kong investors and are not related to any corporation licensed by the Securities and Futures Commission in Hong Kong, meaning a Hong Kong resident has to go through AT Global Financial Services (HK) Limited specifically rather than any other regional ATFX entity.

UK retail applicants face a narrower door than most. AT Global Markets (UK) Ltd holds FCA authorisation (FRN 760555), but its own legal page states it “focuses on developing institutional business and professional investors and does not accept retail clients under its UK Financial Conduct Authority (FCA) license,” and directs professional-client applicants to atfxconnect.com instead. A UK retail applicant is therefore not opening an account with the FCA-regulated entity at all; the firm’s warning is explicit that if you are a professional client, please visit atfxconnect.com, which by implication leaves retail applicants to whichever offshore ATFX entity serves the UK market. There’s a further consequence tied to that professional classification: a prior review of this firm cited ATFX’s terms as saying negative balance protection is withdrawn once a client has opted out of retail status and been treated as professional, so choosing that route changes the amount a client could end up owing beyond their initial deposit.

ATFX’s South Africa account structure from September 2026

South African applicants sit on a split arrangement. The ID accounts page states that “from 5 September 2026, all new retail client registrations, promotions, and intermediary services are facilitated by ATFX AFRICA (AT Global Capital Markets Africa (Pty) Ltd), FSP No. 55142, with trading accounts provided by AT Global Markets Intl Ltd.”

Beyond the account-type menus, entity list and these eligibility notices, the pages we fetched do not describe the practical steps of applying: no document checklist, identity-verification method or approval timeline for a new account is set out in the material we hold, so we cannot report on that part of the process here.

Deposits & Withdrawals

Payment rails, minimums and the withdrawal rule sit in our earlier review, not in a page we fetched from atfx.com. We did not read the deposits page ourselves for this pass, so treat the figures below as what the earlier review recorded, restated in our own words.

What lands on the account, according to the earlier review

That earlier review recorded four funding rails. Card deposits by Visa or Mastercard carried no fee and a typical minimum of $50. Bank wire deposits carried no fee either, with a usual minimum of $500. E-wallet deposits through Skrill or Neteller carried no fee and the same typical $50 minimum. Local bank transfers, available in selected countries, carried fees that varied by country, with the minimum deposit also varying.

The same source gave two figures for the Standard account’s minimum deposit that do not agree with each other: its prose called it “just $500,” while its own comparison table put the Standard account minimum at $100. We are only able to report that the source contradicts itself, not which figure is correct.

What ATFX charges to withdraw, according to the earlier review

On the same basis, card withdrawals carried no fee, with a $50 minimum. E-wallet withdrawals also carried no fee, with the same $50 minimum. Among the withdrawal methods, bank wire was the one carrying an actual fee risk: the earlier review noted that charges depend on the receiving bank, with a $100 minimum withdrawal. Local bank transfer withdrawals, again in selected countries only, had fees that varied by country and a minimum that varied with them.

Withdrawals are also bound, per the earlier review, to whichever channel and account funded the deposit in the first place: ATFX will not send money out by a different method or into a different account. That means a client who funds by card cannot pull the money back out by wire or e-wallet instead, even if that route would be faster or cheaper for them. It also means a client who wants to withdraw more than a card issuer’s limits allow has no alternative channel available under this rule, since the earlier review describes no exception for that case.

Where the account tiers sit on cost

The account tiers the earlier review found came with their own separate minimum-deposit ladder: Edge at $2,500 and Premium at $10,000, on top of the disputed Standard-account figure above. Spreads tightened up that ladder too, from 1.8 pips on Standard to 0.6 pips on Edge to 0.1 pips on Premium, and the Premium tier carried “priority withdrawal processing” as a named benefit, which implies withdrawal speed is not uniform across tiers, though the earlier review gives no detail on how much slower a Standard-tier withdrawal runs by comparison.

The firm’s own account pages we did fetch describe a different set of tiers by region: Micro, Classic and Raw accounts on the AE site, a single Standard account on the ID site, and Standard, Edge, Premium and Professional on the GB site. None of these pages, as fetched, gave deposit or withdrawal minimums or fees for those tiers, so we cannot say whether the same rails, minimums and same-method withdrawal rule apply across all of them or only to the account set the earlier review was describing.

The bonus lock

A separate mechanic from the earlier review, filed under a sign-up bonus offer, ties directly into withdrawals: bonus funds are credited to the account and can be used for trading, but cannot be withdrawn until trading-volume conditions are met, typically within 30 days of deposit. A client who takes the bonus and does not hit the volume target inside that window is, on this description, left with funds in the account they cannot draw out.

What we could not check

The Terms of Business, legal and risk disclosure documents linked from the UK, AE, ID and AU site variants returned no readable text when our review process fetched them, so none of the above could be checked against ATFX’s own current terms, and no clause number can be cited for the same-method withdrawal rule or the bonus lock. Both are reported as the earlier review’s findings, not as our own reading of the firm’s documents.

Customer Support

Support runs across channels rather than a single desk: live chat on the site, email (our earlier review reported responses typically within 24 hours), local phone numbers by country, and social media monitoring on Facebook, Twitter and Instagram, again per that earlier review. ATFX’s own AE contact page adds a web enquiry form asking for first name, last name, email, phone number and message, with a “select the customer service closest to you” region picker, which fits a firm operating through separately regulated entities in different countries rather than one desk answering everything.

The earlier review also reported that support runs in English, Spanish, Chinese (Mandarin and Cantonese), Arabic, Russian, Indonesian, Malaysian, Thai and Vietnamese, with availability varying by location and channel. Higher account tiers carry support promises of their own from that same earlier review: the Edge account is described as adding enhanced educational resources and dedicated customer support, and the Premium account as adding VIP events, personalized trading support, priority withdrawal processing.

What ATFX’s own pages show

The professional-client contact page for AT Global Markets Intl Ltd includes a line for a “Professional client applications” email address, and that address is cs.uk@atfx.com. That page also lists Demo, Live, PAMM and MAM account routes and a Professional Account route on the UK contact page, alongside the general enquiry form, so a reader contacting the firm needs to pick the right regional entity and account route before a query reaches anyone.

We tried to read the Terms of Business, legal terms and risk disclosure documents linked from the UK, UAE, Indonesia and Australia site variants, since those are the documents most likely to set out complaint handling and any limits on liability. All of them returned 0 characters when fetched, so none of the contractual terms that would govern a dispute or a complaint escalation could be extracted from this pass.

Where a complaint actually lands

Because ATFX operates as a shared brand across at least ten separately licensed entities, which desk handles a complaint depends on which entity holds the account. A UK-facing client dealing with AT Global Markets (UK) Ltd is not a retail client at all: the firm’s own legal page states that entity “focuses on developing institutional business and professional investors and does not accept retail clients under its UK Financial Conduct Authority (FCA) license,” and that professional clients should visit atfxconnect.com instead. South African clients face a similar split from 5 September 2026: registrations, promotions and “intermediary services” move to AT Global Capital Markets Africa (Pty) Ltd, FSP No. 55142, confirmed on the FSCA register, while the trading account itself stays with AT Global Markets Intl Ltd, the Mauritius entity confirmed on the FSC Mauritius register. A support query from a client in that position could reasonably go to either firm depending on whether it concerns the relationship or the account.

The firm’s own contact pages also disagree on basic details that a client would need to find the right office. AT Global Markets (UK) Ltd’s registered address is given as Tower 42, Leaf 35C, 25 Old Broad Street, London EC2N 1HQ on the contact pages, and as 1st Floor, 32 Cornhill, London EC3V 3SG on the root page. The UAE licence for ATFX MENA Financial Services LLC, licence number 20200000078, is attributed to the “Capital Market Authority (CMA)” on the contact pages and to the “Securities and Commodities Authority (SCA)” on the root page, for the same licence number. These are the same body under two names: the authority now publishes as the Capital Market Authority, its own website still carries the note that legislation is issued by the SCA, and its About Us pages keep the old sca- slugs under Capital Market Authority link text. Neither name is a support channel in itself, but both sit on the pages a client would use to work out who to contact, and the root page is simply carrying the former name.

The complaint that has to go to a regulator, not the firm</h3

For an account held with AT Global Financial Services (HK) Limited, the Hong Kong SFC Public Register shows the firm’s CE reference BUM667 as active for Type 3 (Leveraged Foreign Exchange Trading), with no public disciplinary action recorded against it and two licensing conditions attached. For UK accounts, Companies House confirms AT Global Markets (UK) Limited as company 09827091, active since 2015, and the FCA register confirms FRN 760555 as authorised since 11 July 2017; a UK complaint that the firm does not resolve directly can be taken to the Financial Ombudsman Service via that FCA record, though the firm’s own professional-client-only stance for that entity limits who reaches it as a retail complainant in the first place.

We searched 1441 warning-list entries mirrored from CySEC, the FCA and FSC Mauritius, and ATFX does not appear on any of them. CySEC’s own list of non-approved domains separately names three lookalike sites, atfxtrade.com, expatfxtrade.com and platform.fiatfxtrade.com, as unauthorised to provide investment services under any Cypriot licence; CySEC publishes those domains without naming the firm they imitate, so no broker is identified in that listing, and none of the three is the firm under review here. A client searching for ATFX support online and landing on one of those domains would not be dealing with any regulated ATFX entity at all.

This review’s overall score moved from 5.8 to 6.2 out of 10. The support score specifically sits at 6.5, reflecting the range of channels and languages the earlier review recorded set against the entity-routing confusion, the unreadable legal documents, and the address and regulator inconsistencies on the firm’s own contact pages found in this pass.

Prohibited Countries

ATFX is not one company but a trading name shared by a group of separately regulated entities, and which entity a client ends up with depends on which regional site they land on. Several of the firm’s own pages state, in near identical wording, which residents each entity will not take on.

Residents the AT Global Markets Intl Ltd and AT Global Markets LLC entities will not serve

According to the firm’s own website, AT Global Markets Intl Ltd states that it “does not provide services to residents of certain countries, including but not limited to Canada (Provinces of British Columbia, Quebec, and Saskatchewan), Japan, 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.” AT Global Markets LLC carries an almost identical clause, listing the same excluded jurisdictions: those same Canadian provinces, plus Japan, DPRK, Iran and the USA. A further version of this clause, on the firm’s legal page, drops the provincial carve out and names Canada as a whole, alongside Japan, DPRK, Iran and the USA. The firm’s root page groups these together as “Restricted Regions”: Canada (Provinces of British Columbia, Quebec, and Saskatchewan), Japan, DPRK, Iran and the USA.

UK retail clients specifically excluded from the FCA entity

AT Global Markets (UK) Ltd holds FCA authorisation, confirmed on the FCA register under FRN 760555, held by AT Global Markets (UK) Limited, status Authorised, effective 11/07/2017, Companies House number 09827091. Despite that licence, the firm’s legal page states plainly that “ATFX UK (AT Global Markets (UK) Ltd.) focuses on developing institutional business and professional investors and does not accept retail clients under its UK Financial Conduct Authority (FCA) license,” and separately that AT Global Markets (UK) Limited does not offer trading services to retail clients. If you are a professional client, please visit atfxconnect.com. A UK retail investor cannot open an account with the entity that actually holds the FCA licence at all. They are routed either to the professional only ATFX Connect channel or to one of ATFX’s offshore entities, which carries a different regulatory regime and different investor protections than the FCA one.

Brazil, pending a local integration

The firm’s own accounts page states that the opening of new accounts for individuals residing or domiciled in the Federative Republic of Brazil is currently unavailable, pending completion of technological/operational integration with local intermediary partner Levycam CCTVM Ltda. (CNPJ 50.579.044/0001 96) under CVM Guidance Opinion No. 33/2005, and adds that ATFX is not authorized by the CVM to offer intermediation or distribution services for securities issued abroad to investors residing in Brazil. A related notice on the same page warns Brazilian residents that “investments abroad are not covered by the protection mechanisms existing in Brazil, such as the MRP and the FGC,” meaning that even once accounts reopen, Brazil’s own investor compensation schemes will not reach money held with ATFX.

Spain, restricted to authorised routes

Both the AE and GB pages state that “the commercialisation of services and the acquisition of clients can only be carried out in Spain by an authorised entity or through a tied agent.” That does not bar Spanish residents outright, but it does mean a Spanish resident approached outside an authorised entity or tied agent is being solicited in a way the firm’s own page says is not permitted there.

Hong Kong, South Africa, the US and Belgium, and cross border site mismatches

The firm’s root page states that products and services on this website are not available for Hong Kong investors and are not related to any corporation licensed by the Securities and Futures Commission in Hong Kong, a notice that applies to the non Hong Kong site variants; the Hong Kong entity, AT Global Financial Services (HK) Limited, is confirmed separately on the SFC Public Register of Licensed Persons and Registered Institutions under CE reference BUM667, licensed for Type 3 (Leveraged Foreign Exchange Trading). The ID regional site states that its products and services… are not suitable for the South African residents, directing them instead to the ZA site. On the GB site and elsewhere, the firm states its information “is not directed at residents of the United States, Belgium or any particular country outside the UK.” Several of the regional pages carry reciprocal geoblocking language of this kind, for example the AE site telling UK visitors its products “are not suitable for the UK residents” and directing them elsewhere, and the AU site warning non Australian visitors in similar terms. None of this amounts to a single global list; each entity and each regional site draws its own line, and a reader needs to check the notice on the specific ATFX site and entity they would actually be dealing with.

A Colombian authorisation that is not a dealing licence

The firm’s about page cites Resolution No. 2065 of 2025 from the Financial Superintendence of Colombia for AT Global Markets Intl Ltd, describing it as authorisation to “establish and operate its Representative Office.” That is not a licence to deal in or distribute financial products to Colombian investors, even though the same page groups it under a heading claiming “ten key authorities regulate ATFX.” A Colombian resident should not read that authorisation as permission for the firm to solicit or handle their trading business.

Warning list check

We searched 1,441 warning list entries mirrored from CySEC, the FCA and FSC Mauritius, and ATFX does not appear on any of them. Three separate domains, atfxtrade.com, expatfxtrade.com and platform.fiatfxtrade.com, are listed by CySEC on its List of Non Approved Domains as unauthorised to provide investment services under any Cypriot licence. CySEC’s listing names the domains only, without identifying which firm they imitate, so this is not a warning against ATFX itself, but it is worth flagging to a reader who might land on one of those lookalike domains while searching for the broker.

Conclusion

ATFX scores 6.2 out of 10 in this review, up from the 5.8 this catalogue gave it last time. The move is ours, not the firm’s: this pass queried the registers directly by name rather than relying on the firm’s own claims, and what came back was a genuine, multi jurisdiction regulatory footprint sitting alongside a set of self published pages that contradict each other on basic facts. Both of those things are true at once, and the score reflects both.

What the registers actually confirm about ATFX

The FCA register confirms FRN 760555 held by AT Global Markets (UK) Limited, status Authorised since 11 July 2017, tied to Companies House company 09827091. The ASIC register confirms AFS licence 418036 held by AT Global Markets (Australia) Pty Ltd. The FSCA register confirms FSP 44816 held by AT Global Markets SA (Pty) Ltd, and separately confirms FSP 55142 held by AT Global Capital Markets Africa (Pty) Ltd, the entity ATFX’s own pages say will take over new South African retail registrations from 5 September 2026. The CySEC register confirms licence 285/15 as an active Cyprus Investment Firm authorisation. The Hong Kong SFC register confirms CE reference BUM667 for AT Global Financial Services (HK) Limited, licensed for Type 3 leveraged foreign exchange trading, with no public disciplinary action recorded and two licensing conditions attached.

Other entries confirm the company but not the number ATFX quotes. The FSC Mauritius register lists AT Global Markets Intl Ltd holding an SEC 2.1B Investment Dealer licence since 11 October 2018, but it does not publish the licence number C118023331 or the registration number 157819 that ATFX’s pages cite, so only the company and its permission are confirmed. The Seychelles FSA lists AT Global Markets (SC) Limited as a regulated securities dealer without publishing licence numbers, so “SD093” is the firm’s own claim. The UAE Capital Market Authority register lists ATFX MENA Financial Services LLC as CP 0000953, status Active, but gives atfxmena.com as its website rather than atfx.com, and records a CP code rather than the licence number 20200000078 quoted on site. The Saint Vincent and the Grenadines registry confirms AT Global Markets LLC as an active LLC, registration 333, which is a company filing rather than a financial licence. Two claimed authorisations could not be checked at all: the Jordan Securities Commission directory returned a 404, and we hold no register for Cambodia’s Securities and Exchange Regulator, so both are gaps in our coverage rather than findings about ATFX.

One entry is more consequential. ATFX’s own about page describes a Colombian “authorisation” for AT Global Markets Intl Ltd, Resolution No. 2065 of 2025, and lists it under a heading claiming ten key authorities regulate ATFX. Colombia’s own resolution, as the firm’s page states it, covers only the right to establish and operate a representative office, not to deal in or distribute financial products to Colombian clients. Counting that alongside the FCA and ASIC licences overstates what Colombian clients are actually protected by.

The warning list check, and three domains that are not ATFX

We searched 1441 warning list entries mirrored from the CySEC, FCA and FSC Mauritius lists, and ATFX does not appear on any of them. Three lookalike domains do appear on CySEC’s List of Non Approved Domains: atfxtrade.com, expatfxtrade.com and platform.fiatfxtrade.com. CySEC’s listing states only that these websites are not authorised to provide investment services under any Cypriot licence; it does not name ATFX as the firm being imitated. None of the three is the broker reviewed here, and anyone searching for ATFX who lands on one of them is not dealing with this firm.

What ATFX’s own pages get wrong about themselves

Set against the register work, ATFX’s own site undercuts confidence in places. The UK entity’s registered address is given as Tower 42, Leaf 35C, 25 Old Broad Street on the contact pages and as 1st Floor, 32 Cornhill on the root page. The UAE regulator for licence 20200000078 is named Capital Market Authority on the contact pages and Securities and Commodities Authority on the root page, which is one authority under its current and former names rather than a disagreement about who regulates the entity. The account comparison table gives the Standard Account minimum deposit as $100 while the surrounding prose calls it “just $500.” The GB site’s own markets page and account FAQ describe cryptocurrency trading, while the GB navigation menu, unlike the AE, ID and AU menus, does not list cryptocurrencies as a tradable category at all, which matters because the FCA restricts crypto derivatives for UK retail clients. The Terms of Business, legal notices and risk disclosure documents linked from the UK, AE, ID and AU sites all returned no readable text when fetched, so none of the contract language they contain could be checked directly.

Fees, platforms and the contract terms we could read

The fee and payment detail here, including no stated fees on card, e-wallet and bank wire deposits, no fee on card and e-wallet withdrawals, a possible fee on bank wire withdrawal depending on the receiving bank, and fees on local bank transfers that vary by country, comes from the earlier review this catalogue is rewriting, not from a page we fetched ourselves, which is part of why fees scores 4.8. Two contract terms reported by that earlier review are worth restating: ATFX requires withdrawal requests to use the same method and account as the original deposit, and bonus funds are credited to the account but locked from withdrawal until a trading volume target is met, typically within 30 days. The earlier review also reported that negative balance protection does not apply to clients who opt into professional status.

Platform scores 7.5 on the strength of a broad, verifiable toolset: MetaTrader 4 and MetaTrader 5, a browser based web platform, dedicated iOS and Android apps, a FIX API, and ATFX CopyTrade for copy trading, all present across the site’s own navigation menus. Support scores 6.5, covering live chat, phone, a contact form, social media monitoring and stated coverage in nine languages, with email responses reported at within 24 hours by the earlier review. Reviews scores 5.3, weighed down by the address, regulator naming and minimum deposit contradictions above and by the unreadable legal documents, none of which a reader can currently resolve from ATFX’s own site.

ATFX holds confirmed licences with the FCA, ASIC, the FSCA, CySEC and Hong Kong’s SFC, and does not appear on any of the 1441 warning list entries checked. TrueBroker scores ATFX 6.2 out of 10, held back by contradictions on ATFX’s own pages and fee terms this review could not verify first hand.

FAQ