ATFX Account Types offers two trading account types: a Standard account and an ECN account. The minimum deposit amount starts at R100 ZAR. The FSCA regulates ATFX and has a high trust score of 90 out of 100. The account offers leverage up to 1: 500 and pips from 1.0 pip.
🛡️Regulated and trusted by the FSCA.
🛡️568 new traders chose this broker in the last 90 days.
🛡️Available for South African Traders. 🇿🇦
Min Deposit
R100
Regulators
FCA, CySEC, ASIC, FSCA, SCA
Trading Platform
MT5
Crypto
No
Total Pairs
43
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
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ATFX Account types – 8 key points quick overview:
Overview
According to research in South Africa, ATFX is a global broker with offices in 23 jurisdictions that has been in operation since 2014. It forms part of the AT Group, and even though it is a fairly young brokerage firm, it is well-established. The broker offers trading through various financial instruments, such as forex, indices, commodities, cryptocurrencies, and shares.
The broker operates in various jurisdictions and is strictly and well regulated and authorized through FCA (UK), CySEC (Cyprus), ASIC (Australia), FSCA (South Africa), FSC (Mauritius), SCA (UAE), SCA (Jordan). Through these authorities, the broker offers trading solutions to traders globally.
As ATFX is strictly regulated, client funds must be kept in segregated accounts, which only the clients and not the broker can use. ATFX is also a member of the Financial Services Compensation Scheme (FSCS), which offers insurance to eligible traders and their funds.
It compensates traders should the broker go bankrupt or otherwise be unable to fulfill its financial obligations. Eligible traders are covered for amounts up to £ 85,000.
With ATFX, trading can be done through the globally known and preferred MetaTrader 5 platform. Prices are obtained from a variety of reputable liquidity providers, ensuring that traders receive the tightest spreads, minimal slippage, and a substantial liquidity pool.
ATFX is a highly reputable, well-regulated CFD broker that has obtained several awards and is recognized worldwide as one of the best CFD brokers by clients and industry specialists.
This includes the Best Forex and CFD Broker, which won in 2018 at the UK Forex Awards, and the Best Non-dealing Desk (NDD) Broker, also in 2018 at the Online Personal Wealth Awards.
The broker has a dedicated customer support team that can serve clients in multiple languages. It also has FAQ sections spread across the broker website that are particularly helpful.
There are multiple research tools, including the analysis offered by Trading Central, Daily market news and analysis, and a variety of other helpful tools and resources.
Customers from the United States, Canada, the Democratic Republic of Korea, and Iran are not accepted as clients at ATFX.
ATFX At a Glance
| 🔎Broker | 🥇ATFX |
| Company Information | |
| 📅 Year Founded | 2014 |
| 🧑🏻💻 Amount of staff | 500+ employees |
| 👩💻 Amount of active traders | 200,000+ traders |
| 🌐 Publicly Traded (Listed Company) | No |
| Regulation and Security | |
| 🛡️ Regulation | FCA (UK), CySEC (Cyprus), ASIC (Australia), FSCA (South Africa), FSC (Mauritius), SCA (UAE), SCA(Jordan) |
| 🌎 Country of regulation | United Kingdom, Cyprus, Australia, South Africa, Mauritius, UAE, Jordan |
| 💻 Account Segregation | Yes |
| 🪫 Negative balance protection | Yes |
| 🔋 Investor Protection Schemes | Up to £85,000 (FSCS - UK) |
| Account Types and Features | |
| ➕ Accounts | Standard, ECN |
| 💳 Institutional Accounts | Yes |
| 👨💼 Managed Accounts | No |
| 📇 Minor account currencies | USD, ZAR |
| 💰 Minimum Deposit | R100 |
| Trading Conditions | |
| 🕞 Deposit/withdrawal processing | Instant for deposits, same day for withdrawals |
| 🪙 Fund Withdrawal Fee | No fees |
| 📊 Spreads from | 0.6 pips (Standard), 0.0 pips (ECN) |
| 💸 Commissions | No (Standard), Yes (ECN accounts) |
| 💱 Number of base currencies | 2 (ZAR & USD) |
| 🚀 Swap Fees | Yes |
| 📈 Leverage | Up to 1:500 |
| 📏 Margin requirements | Depends on the asset class and leverage |
| ☪️ Islamic account (swap-free) | No |
| 💻 Demo Account | Yes |
| ⌛ Order Execution Time | 0.01 seconds (Ultra-fast execution) |
| 📆 VPS Hosting | Yes (for higher-tier accounts) |
| Trading Instruments | |
| 🧾 CFDs-Total Offered | 65 |
| 🗠 CFD Stock Indices | 15+ |
| ⚖️ CFD Commodities | 8 |
| 📜 CFD Shares | None |
| Deposits and Withdrawals | |
| 💳 Deposit Options | Bank Transfer, Credit/Debit Cards, Instant EFT |
| 💵 Withdrawal Options | Bank Transfer |
| Trading Platforms/Tools | |
| 💻 Trading Platforms | MT5, ATFX WebTrader, Mobile App |
| 👩💻 OS Compatibility | Windows, MacOS, iOS, Android |
| 🖥️ Forex trading tools | Trading Central, Auto - Chartist |
| Customer Support | |
| 🗣️ Live chat availability | Yes |
| 📱 Customer Support Email | support.sa@atfxafrica.com |
| 📞 Customer Support Contact Number | +27 31 300 3117 |
| 👾 Social media Platforms | Facebook, Twitter, LinkedIn, Instagram |
| 🗣️ Languages supported | Most local SA languages |
| Educational Resources and Support | |
| 🖺 Forex course | Yes |
| 🧏♀️ Webinars | Yes |
| 📚 Educational Resources | Yes (eBooks, videos, articles) |
| Partnerships and Programs | |
| 🪪 Affiliate program? | Yes |
| 👨🏫 Amount of partners | 1,000+ |
| 📋 IB Program | Yes |
| 🚀 Sponsorship | Yes (varies by region) |
| 🪙 Rebate program | Yes |
| 👉Open Account | Open Account |
ATFX Account Types
ATFX offers the following Standard account, ECN account, and Pro account types for trading. Through this one live account, traders will find that ATFX provides competitive trading conditions along with comprehensive solutions and services.
ATFX Account Features
| 🌐 Account | 🥇 Standard Account | 🥈 ECN Account | 🥉Pro Account |
| 💰 Minimum Deposit | R100 | R500 | R5000 |
| 💻 Platform Types | MetaTrader 5 | MetaTrader 5 | MetaTrader 5 |
| 📈 Spreads | From: 1.8 | From: 0.1 | From: 1.0 |
| 👍 Commission | Zero | $7 Per Lot | Zero |
| 👉 Open a account | Open Account | Open Account | Open Account |
ATFX offers trading accounts, such as standard accounts, ECN accounts, and Pro account types.
Standard Account
When registering a standard account with ATFX, traders receive fast execution, zero-commission trading, and spreads starting from 1.8 EUR/USD. The broker’s website provides little information about the account features besides the range of markets, the platform type, and what traders can expect. Fees and trading conditions are not transparent.
Brokers must ensure that as much detail as possible is provided regarding accounts and trading conditions so that traders can accurately evaluate the broker’s service. By only providing one account, traders are not given much selection according to their unique trading needs or objectives. However, ATFX caters to both retail and professional traders.
ATFX offers maximum leverage up to 1:500. According to the trading conditions, traders can expect leverage of 1:100, 1:200, and up to 1:400. However, the conditions under which this works are not indicated.
Demo Account
ATFX allows beginners and more professional traders to open a demo account. It can be utilized in several ways, such as:
One advantage of ATFX is that traders can register for the demo account from the homepage. The process is hassle-free and fully digitalized, and traders can immediately use MetaTrader 4, through which practice trading can commence.
- It is a practice account for beginner traders who wish to improve their experience and trading skills in a risk-free environment using virtual funds.
- This is for more advanced traders who want to evaluate and compare brokers and explore ATFX’s trading conditions in a risk-free environment.
- Beginner and professional traders who wish to test their trading strategies in a mimicked live trading environment without risking the loss of their capital.
Customer Reviews
🥇Excellent
“ATFX offers a solid range of assets, including forex, indices, and commodities. Spreads are competitive, and support is generally responsive. Their educational resources are helpful for beginners. I’d give them a 7/10.” Reviewed: Alex Turner.
🥈Great Service
“This platform is user-friendly, and their customer support is responsive. Their educational resources are helpful. However, their spreads could be tighter. I’d rate them 7/10.” Reviewed: Thomas Müller
🥉Competitive spreads
“ATFX’s asset classes are diverse, and their spreads are competitive. However, their customer support could be more proactive. I’d rate them 7/10.” Reviewed: Emily Lee.
Pros and Cons
| ✅ Pros | ❌ Cons |
| Regulated through FCA, CySEC, FSC and FSA | Only one live account type offered |
| Commission free trading offered | Clients from United States, Canada, Democratic Republic of Korea, and Iran not accepted |
| Competitive trading conditions offered | Little information on the live account type given |
| Demo account offered |
Conclusion
ATFX Account Types offer trading accounts such as Standard accounts and ECN account types. ATF X’s Maximum Leverage is 1: 500
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Frequently Asked Questions
How many instruments can I trade with ATFX?
You can trade the following financial instruments: Forex, Indices, Commodities, and Cryptocurrencies.
Which platforms are supported by ATFX?
MetaTrader 5
Is ATFX regulated?
Yes. FCA, CySEC, ASIC, FSCA, and FSA fully regulate ATFX.
What is the overall rating out of 10 for ATFX?
The overall score for ATFX is 8/10.
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