ATFX Review: Is it good or not?

Table of contents:

ATFX user-ratings: $500
9.3 of 10 points 1 reviews
  • Asset varierity - 9/10
  • Trading platform - 10/10
  • Support - 10/10
  • Fees - 7.5/10
  • Deposit/Withdrawal - 10/10

Facts about the company:

  • Regulation: FCA (UK)
  • Minimum deposit: $500
  • Demo account: Free
  • Markets: 100+ Forex,  Commoditie,  Indices, CFDs, cryptocurrency 
Comments Rating 9.3/10 (1 review)


  • Spreads from 0.0 pip 
  • Leverage up to 1:30 
  • Lot Size from 0.01 
  • Deposits and withdrawals are for free 
  • 0 commission
  • Choice between four different account types


  • No cryptocurrencies tradable

About ATFX

In the following article, we will go into detail about our ATFX experience. In particular, we took a closer look at the British broker’s trading offer and trading conditions. It turned out that the broker offers very favorable variable spreads. The exact amount depends on the selected trading account. We also liked the fact that ATFX does not charge fees for deposits or withdrawals. Overall, this makes it a very customer-friendly broker. This also fits in well with the fact that ATFX offers its clients useful additional services (for example helpful live webinars and an economic calendar). Furthermore, a hotline is available for customer support.

  • Very low variable spreads available (from 0 pips)
  • No costs for deposits or withdrawals
  • Competent customer support (also by telephone)
  • Useful additional offers (live webinars and business calendar)
Screenshot from the ATFX Website

Our tip: Never trade with high fees again on IQ Option

  • Regulated and safe broker
  • Start trading with only $ 10
  • $ 10,000 free practice account
  • High yield up to 100% per trade
  • Spreads from 0.0 pips (no commission)
  • Forex, CFD, Options, Stocks, Crypto, and more
  • Free deposits and withdrawals
  • Rating: 5 out of 5 stars (5 / 5)

(Risk warning: 85% of retail investors lose money when trading CFDs with this provider)

CFD trading offer: quite a wide range of tradable products

We started our ATFX test by taking a closer look at the broker’s CFD trading offer. We made the experience that many traders trade exclusively with currency pairs (for example Euro/US dollar) or with stock indices (for example DAX or Dow Jones index). Nevertheless, it is important that the broker can offer the widest range of financial instruments possible. This makes it easier to diversify its portfolio and thus to position itself more broadly.

Overview of the ATFX Trading offer

According to our ATFX experience, the broker offers the possibility to trade the following products:

Trading Forex on ATFX

Forex (foreign exchange):

Our test showed that 43 currency pairs are available for trading on ATFX. These include the main currency pairs such as the Euro/US dollar (EUR/USD), the US dollar/Japanese yen (USD/JPY), and the US dollar/Canadian dollar (USD/CAD). On the other hand, the broker can also trade with numerous secondary currency pairs. Examples are the Euro/British Pound (EUR/GBP) or the Swiss Franc/Japanese Yen (CHF/JPY). In addition, ATFX offers the possibility of trading with exotic currency pairs such as the Australian Dollar/Canadian Dollar (AUD/CAD).

Trading Indices on ATFX


If you wish, ATFX also offers a selection of different stock indices. Examples include the DAX, the British FTSE 100, and the American Dow Jones Index. The broker currently offers a total of eleven indices.

Trading Shares on ATFX


In addition to the possibility of trading with stock indices, ATFX also offers the option of trading with individual shares. In this way, one can invest in companies such as Apple, Amazon, Microsoft, and Facebook.
Precious metals: ATFX also offers trading in precious metals such as gold and silver.

Trading Commodities on ATFX


ATFX also offers the possibility to trade in oil.

All in all, ATFX offers a quite diverse selection of tradable products. However, we were surprised that the broker does not offer trading options in the currently popular cryptocurrencies such as Bitcoin and Ethereum. The selection of currency pairs, indices, and individual stocks is good, however.

  • Good selection of currency pairs, indices, and individual stocks
  • Possibility to trade in precious metals and commodities
  • No cryptocurrencies available for CFD trading

ATFX CFD experience with trading conditions: very favorable spreads available

In a broker comparison or test, it is also very important to take a closer look at the respective trading conditions. In principle, the costs and fees that can occur with CFD trading can be divided into the following three groups:

  • Costs that arise with every trade (for example, through the spread or commissions)
  • Fees for deposits and withdrawals
  • Other costs and fees

ATFX Spreads

As a trader, you should pay particular attention to the costs that arise with every trade, as these can sometimes add up (especially with an expensive broker). A broker often collects these fees in the form of a spread: This is the difference between the buy and sells price. Basically, the different types of spreads can be divided into three categories:

  • Fixed spreads
  • Variable spreads
  • Variable spreads with commissions/commissions

The easiest way to explain the fixed spread: The name already indicates that the height of this type of spread does not change. In fact, a fixed spread is always the same, regardless of the current market situation. This is different, however, with a variable spread. This usually has a certain minimum level. However, the spread can widen upwards, which experience shows to be the case especially when the markets are nervous. Is it therefore generally better to use a fixed spread?

The answer is no. A fixed spread is higher and therefore more expensive than a variable spread.

ATFX uses very favourable variable spreads

This is probably why ATFX has decided to offer variable rather than fixed spreads for CFD trading.

ATFX offers four different accounts for CFD trading:

  • Standard
  • Edge
  • Premium
  • Professional

On the Standard account, the spreads start from 1 pip or point (the unit pip is used when trading currencies). On the Edge and Professional accounts, this value is reduced to 0.6, so the spreads offered by ATFX are very favorable compared to other brokers.

If you need even lower spreads for your strategy, you should use an Edge account. Because on this trading account the spreads already start at 0 pips or points. However, with every trade, you have to pay an additional commission or commission to ATFX. Whether such a fee model is advantageous for you depends primarily on the strategy you are trading. In any case, it is very positive that the broker offers different spread models. In this way, you can choose the trading account that is most favorable for you as a trader.

At ATFX the amount of leverage depends on the financial instrument

In CFD trading, experience shows that the amount of leverage also plays a very important role. This is because the leverage determines how much money you actually need to have in your trading account in order to trade a particular financial instrument. Here is a short example: Let’s assume the Dow Jones is at 10,000 points and you decide as a trader to trade with the US leading index as a CFD. Actually you would assume that you need $10.000 on your trading account to do so. With leverage of 1:20, however, $500 is already enough to trade with the Dow Jones. How high the maximum leverage is with ATFX depends on the respective financial instrument:

  • Forex: Up to 1:30
  • Indices: Up to 1:20
  • Individual shares: Up to 1:5
  • Commodities and precious metals: Up to 1:10

In our experience, the levers of ATFX are very well suited for CFD trading. Therefore we rate the trading conditions of the broker as “very good” overall.

ATFX offers very favorable variable spreads for CFD trading, which start at 0.6 pips
Even lower spreads can be obtained if you use the Premium Account with commissions/commissions
The levers of ATFX are very well suited for CFD trading

Our tip: Never trade with high fees again on IQ Option

  • Regulated and safe broker
  • Start trading with only $ 10
  • $ 10,000 free practice account
  • High yield up to 100% per trade
  • Spreads from 0.0 pips (no commission)
  • Forex, CFD, Options, Stocks, Crypto, and more
  • Free deposits and withdrawals
  • Rating: 5 out of 5 stars (5 / 5)

(Risk warning: 85% of retail investors lose money when trading CFDs with this provider)

Regulation & Deposit Protection: ATFX is regulated by the FCA

In a broker comparison or test, it is also important to look at the issues of regulation and deposit insurance. In order to answer the question of which state authority is responsible for the supervision and regulation of a broker, it is crucial to know in which country the company is based. For example, German brokers are regulated by the Federal Financial Supervisory Authority (BaFin). ATFX, on the other hand, is a broker from Great Britain. Therefore the British Financial Conduct Authority (FCA) is responsible for regulation. The tasks of the FCA are comparable to those of the BaFin.

For the trader, it is above all important that customer deposits are kept separate from the company’s other assets. In addition, deposit insurance is available if required. This protects customer deposits up to an amount of $50,000 per customer. In addition, the United Kingdom has strict regulations regarding data protection.

  • ATFX is regulated by the British Financial Services Authority FCA
  • In case of emergency, the British deposit guarantee scheme ($50,000 per customer) comes into effect
  • Overall, ATFX is a very reputable company

Accounts: the four trading accounts of ATFX

We will now look in more detail at the accounts and accounts of ATFX. As a trader, you have the possibility to open one of the four following trading accounts with the broker:

  • Standard Account: In order to open this account, $500 is already sufficient at ATFX. As already mentioned, the variable spreads start from 1.0 pips. Commissions are not charged.
  • Edge Account: To get lower spreads (from 0.6 pips), ATFX offers the possibility to open an Edge Account. However, a minimum deposit of $5,000 is required to open an Edge Account. There are no commissions on this account either.
  • Premium Account: In our experience, the lowest spreads are obtained by choosing the ATFX Premium Account (from 0 pips). On the one hand, however, it is necessary to make a minimum deposit of $10.000 on the trading account. In addition, you have to pay a commission to the broker for each trade.
  • Professional account: In our test, we found that this account is very similar to the Edge Account. However, as a trader, you have higher leverage available. Below we will explain how to open a professional account as a client (strict requirements).

Comparison of the Standard, Edge and Premium Account:

Standard AccountEdge AccountPremium Account
Description Allows our clients to trade
all instruments with
competitive spreads
Allows our clients to trade all instruments
with even more competitive spreads
Allows our clients to trade Fx,
Metals, Oil, and Indices on a
raw feed and pay competitive
commissions outside the spread
LeverageUp to 1:30Up to 1:30Up to 1:30
SpreadsFrom 1.0 pipFrom 0.6 pipRaw Spreads from 0.0 pips
CommissionNoNo25 USD per mio per side
Lot Size From 0.01 From 0.01 From 0.01
One click trading and trading from charts allowedYesYesYes
Minimum Deposit$500$5,000$10,000
Dedicated Account ManagerYesYesNo
Premium Account ManagerNoNoYes
Free VPSNoYesYes
Trading Central Analysis TC Newsletter + Trading signal site accessTC Newsletter + Trading signal site accessTC Newsletter + Trading signal site access + MT4 indicator
1:1 Skype sessions NoYesYes
Quarterly Catch upNo No Yes
Trading Education AllowanceNoYesYes
Funds protection schemeYes, under the FSCSYes, under the FSCSYes, under the FSCC

Open An ATFX Trading account in just a few minutes

According to our ATFX experience, it only takes a few minutes to open an account with the broker. To do this, you need to click on the orange button “Open a live account” at the top of the ATFX website. Right next to it is also the button for the demo account.

A new page will then open, where you will need to enter information from the following sections. In our experience, it takes about five minutes to complete the form:

  • Personal data (name, address, e-mail address etc.)
  • Financial details
  • Experience
  • Knowledge

To use the account for live trading, it is also necessary to make the required minimum deposit. As shown, this depends on the account type and is at least $500. It is also necessary to confirm your identity and address. You can use your identity card for this purpose, for example. Overall, opening an account with ATFX is fortunately very straightforward.

Open a professional account with ATFX

We have already mentioned that with ATFX there is also the possibility of opening a professional account. However, in order to do so, as a client you must meet at least two of the following three requirements:

  • Sufficient trading activity
  • Trading capital in the amount of $500,000
  • Work in the financial industry for at least one year

As you can see, it is relatively difficult to meet these requirements. The main difference between the professional account and the other accounts at ATFX is that as a professional-client you are given higher leverage for CFD trading. For example, the leverage is not limited to 1:30 but can be 1:400. However, in our experience, it is usually not necessary to use such high leverage. Therefore the other accounts are also very well suited for CFD trading. Overall, we can, therefore, assess the various accounts and accounts of ATFX very positively.

Demo Account

As already mentioned, ATFX also offers the possibility of opening a free demo account for trading. On the demo account, the broker offers real-time prices to simulate CFD trading as realistically as possible. However, on this account you do not trade with real capital, but with virtual money. In this way you can get to know trading in peace and without risk. In addition, the demo account is a good way to familiarize yourself with MetaTrader 4.

Demo Account

Moreover, it is recommended to try CFD trading in different markets. We have often experienced that traders achieve very good results when trading currencies, for example, but have difficulties trading indices – or vice versa. That’s why it’s important to find out for yourself which markets you can best deal with.

CFD trading platforms: MetaTrader 4 is very well suited for CFD trading

We have often experienced that some traders underestimate the importance of good trading software. Since one usually spends a lot of time analyzing the charts in the trading platform, it is important that one is supported in this activity by the best possible trading platform. At ATFX, different versions of MetaTrader are available for this purpose:

  • MetaTrader 4 (MT4)
  • MT4 Mobile iPhone
  • MT4 Mobile Android
  • MT4 Online Webtrader

In our experience, MT4 Online Webtrader is also MetaTrader 4, but this version can be used directly from the web browser, so no download or installation is required.

MT4 WebTrader

Overview about the MetaTrader 4

All in all, it’s not really surprising that the broker ATFX also relies on MetaTrader 4. Because it is still the most frequently used trading platform worldwide. For this reason, many brokers make MetaTrader 4 available to their customers as a trading platform. For the trader, this offers the advantage that it is relatively easy to change his broker. Because with his new provider you can often continue to work with his familiar trading platform. Thus, one does not have to get familiar with new software.

MT4 Trader

In our experience, MetaTrader 4 is also so successful because it can be used very well for trading by beginners as well as more experienced traders. Thus, the user interface of the trading platform is very clearly structured. In addition, there are many functions available, which support you in your daily trading routine. Most importantly, the MT4 is perfectly suited for technical analysis. As a trader, you can use numerous character tools to analyze the different charts. These include, for example, trend lines, resistance, and support lines as well as Fibonacci levels.

Furthermore, MetaTrader 4 has more than 30 technical indicators. These indicators are very helpful in finding good signals for entries and exits. Examples are:

  • Moving Averages
  • RSI indicator
  • Stochastics
  • MACD

Easy expandability of the MT4

Another advantage of the MT4 is that the trading software can easily be extended with additional functions. Traditionally, such extensions are called “Expert Advisors (EAs)” in MetaTrader. Through these EAs, it is possible to automate CFD trading, for example. This possibility is especially interesting for those traders who do not have the whole day to devote to trading. In such a situation you can use MT4 to let your CFD trading strategy trade automatically.

MT4 for Apple Devices

For our ATFX test, we also took a closer look at the mobile MT4 app. It is available for Apple devices as well as Android smartphones and tablets. The download and installation are done as usual via the Apple App Store or via Google Play Store. The app is also very easy and intuitive to use.

MT4 for Android Devices

Overall, the broker ATFX was able to convince us also with regard to its trading platforms. For this reason, the broker is able to score full points in this discipline.

Our tip: Never trade with high fees again on IQ Option

  • Regulated and safe broker
  • Start trading with only $ 10
  • $ 10,000 free practice account
  • High yield up to 100% per trade
  • Spreads from 0.0 pips (no commission)
  • Forex, CFD, Options, Stocks, Crypto, and more
  • Free deposits and withdrawals
  • Rating: 5 out of 5 stars (5 / 5)

(Risk warning: 85% of retail investors lose money when trading CFDs with this provider)

Usability of the website of ATFX

In the following, we will report our ATFX experiences with regard to the usability of the website. We have often seen that the website of a broker shows whether it is a customer-friendly and reputable company. For us, it is especially important that you can find all the relevant information as quickly as possible. All in all, we have noticed that the ATFX website is very clear and transparent. The navigation menu contains the following items:

  • About ATFX
  • Trade
  • Market analyses
  • Training area
  • Partnerships
  • Contact

Under “Trading” you will find in particular information on the various accounts and the broker’s trading offer. In this context, we liked the fact that ATFX presents the costs and fees very clearly. Unfortunately, other providers are often far less transparent in this respect.

It is also positive that the broker’s website is also available in German for customers from Germany. In our experience, this is also not a matter of course for all brokers. Furthermore, it is good that you can open an account for CFD trading with ATFX easily and quickly (see above).

For our ATFX test, we have also looked at the internet offer of the broker on smartphones and tablets. It turned out that the website is also very well usable on mobile devices. For this reason, we rate the usability of the website as very positive overall.

  • Very good usability of the ATFX website is very good
  • All important information is easy to find (e.g. in terms of costs and fees and the various trading accounts)
  • The website can also be used very well on smartphones and tablets

The support at ATFX

For our test, we also took a closer look at the customer support of ATFX. It turned out that the broker’s employees can be reached by phone as well as by e-mail. Overall, we find it very positive that ATFX offers the possibility to reach the broker by phone. Unfortunately, many other providers are increasingly dispensing with this type of support. The reason is mostly to save costs. Therefore it is very positive that ATFX is very customer-friendly. In our experience, questions can often still be answered best and, above all, fastest by telephone.

However, if you wish, you can also contact ATFX customer support by e-mail. We have made the experience that you will receive an answer to your inquiry relatively quickly. The staff of ATFX was friendly and helpful. Overall, we therefore also liked the broker’s customer support very much.

Support available:Monday to Friday UK 9:00 am-5:00 pm
Telephone:+44 203 957 7777

Deposit and withdrawal with ATFX

We mentioned earlier in the trading conditions section that it is common practice for many brokers to charge fees for deposits and withdrawals. However, ATFX is also very customer-friendly in this respect: our test showed that both deposits and withdrawals are free for the customer.

It is also positive that ATFX offers numerous payment methods:

  • Bank transfers
  • Credit cards (MasterCard and Visa)
  • Online Wallets (Skrill and Neteller)
Payment options

Our experience has shown that transactions by bank transfer usually take the longest time. Therefore, if speed is of the essence, you should use either credit cards or online wallets.

Deposit MethodeAccepted CurrenciesFees and ChargesProcessing time
Credit/ Debit CardsEUR, GBP, USDNo Fees*approx. 30 min
E-WalletEUR, GBP, USDNo Fees*approx. 30 min
Bank TransferEUR, GBP, USDNo Fees*Funds are credited into your trading account
within one working day from the time we
receive funds into our bank account.

Overall, ATFX has earned a “very good” rating for its very customer-friendly pricing policy for deposits and withdrawals. We would wish that many other brokers would follow ATFX in this respect.

  • Deposits and withdrawals at ATFX are free of charge
  • Numerous payment methods are available
  • In our experience, credit cards and online wallets work the fastest

Educational Offers

For our ATFX test, we also took a closer look at the additional offers of the broker. It turned out that the broker offers its customers a very good training program. In addition, one can access a useful economic calendar, for example.

ATFX CFD experience with the training courses

ATFX’s training offers can be found in the navigation menu under the item “Training Area”. Thus the broker offers the possibility to participate in numerous live webinars. Examples are:

  • Professional DAX Live Trading
  • The optimal combination of time unit and product
  • Trading diary – Increase performance through correct analysis
  • Trading systems without risk
  • Order types and their possible applications

As you can see, very relevant topics are often addressed in the webinars. In general, we have made the experience that beginners learn trading best by watching experienced traders.

The ATFX economic calendar

As a further additional service, ATFX provides its clients with a very useful economic calendar. This can be found under “Market analyses”. In principle, an economic calendar is a normal calendar, but important events that are likely to lead to price movements are entered there. ATFX also makes a forecast and therefore helps to better assess the significance of the respective event. Important dates in this context are the publication of the US labor market figures or decisions by the central banks. As a trader, you should, therefore, get into the habit of regularly using the ATFX economic calendar.

Screenshot of the ATFX Economic Calendar

All in all, we liked the additional offers of ATFX very much.

  • ATFX offers its customers a very useful training program (consisting of live webinars)
  • A useful economic calendar is also available
  • If you want, you can also open a free demo account with ATFX to get to know the CFD broker better

Awards received for ATFX

Finally, for our test we also looked at how ATFX is rated by the trade press. It has been shown that the broker repeatedly scores positively, especially due to its very favourable trading conditions. We can also confirm this finding, because the costs and fees are lower with ATFX than with many other brokers. This applies on the one hand to the variable spreads. On the other hand, it is also very customer-friendly, for example, that the broker does not charge fees for either deposits or withdrawals. In addition, ATFX regularly scores points with its helpful additional offers.

ATFX Awards 2020
  • The broker ATFX is predominantly positively evaluated in the trade press
  • In particular, the very favorable trading conditions are repeatedly praised
  • In addition, the broker can regularly convince with his good additional offers

Conclusion of the ATFX review

In the context of this article, we have dealt with the British broker ATFX in great detail. We first noticed that the broker has a relatively large trading offer for CFD trading. We also liked the very favorable trading conditions very much. Depending on the account, the variable spreads start from pips. This allows ATFX to stand out from many of its competitors. The broker is also very customer-friendly with regard to payment methods: with ATFX both deposits and withdrawals are generally free of charge. We also liked the broker’s trading platform (MetaTrader 4), which in our experience is very well suited for technical analysis. We were also convinced by the helpful customer support and the numerous additional offers of the broker. Overall, we can, therefore, recommend ATFX as a broker for CFD trading.

If you would like to try ATFX yourself, you can use the free demo account of the broker. A virtual credit balance is available on this account so that you can get to know CFD trading without risk.

Our tip: Never trade with high fees again on IQ Option

  • Regulated and safe broker
  • Start trading with only $ 10
  • $ 10,000 free practice account
  • High yield up to 100% per trade
  • Spreads from 0.0 pips (no commission)
  • Forex, CFD, Options, Stocks, Crypto, and more
  • Free deposits and withdrawals
  • Rating: 5 out of 5 stars (5 / 5)

(Risk warning: 85% of retail investors lose money when trading CFDs with this provider)

Most asked questions:

Is ATFX a trustworthy online Broker?

ATFX is indeed a trustworthy online Broker. It is regulated by the FCA, a popular and well-seen institution in the UK. The FCA License number is 760555.

Does ATFX offer Materials for educational needs?

ATFX offers a wide range of materials that can be used to educate oneself on trading topics. Not only does ATFX offer Webinars and Seminars but also 1:1 Coachings. Moreover, ATFX is offering a Web TV solution to its customers.

Is there a Demo Account Available?

ATX offers a free demo version of the MT4 WebTrader to its customers. With the demo account, traders can test the platform without taking any risk. Moreover, the demo account offers users a real-time-chart for realistic usability.

is the MT4 Trading Platform available For mobile usage?

Yes, everyone can use the MT4 Trading Platform on their mobile devices. ATFX created mobile apps specifically for Android as well as Apple devices to offer high standards and the best usability.

One Response

  1. Andre Witzel August 29, 2020

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