All Share (J203) = 89 898
Rand / Dollar = 18.25
Rand / Pound = 23.62
Rand / Euro = 19.70
Gold (usd/oz) = 3 070.76
Platinum (usd/oz) = 985.50
Brent (usd/barrel) = 74.08
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

ATFX Demo Account

ATFX Demo Account
 

ATFX Demo Account mimics a live trading account and offers many features for traders. Traders have access to the same functions and options that they normally would on a live trading account.

 

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

 

10 Best Forex Brokers in South Africa for 2025

Rank

Broker

Review

Regulators

Min Deposit

Official Site

#1

ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA

$100

#2

FSCA, CySEC, FCA, DFSA, FSA, CMA

$0

#3

CySEC, MWALI, FSCA

$25

#4

CySEC, FCA, FSA, FSCA

$100

#5

CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA

$10

#6

CySEC, ASIC, FSA, BVI, FSCA

$25

#7

ASIC, CySEC, FSA, SCB

$200

#8

ASIC, CySEC, FSCA, FSA, FSC, CMA

$100

#9

FCA, CySEC, FSCA, SCB

$100

#10

FSCA, FSC, ASIC, CySEC, DFSA

$5

#1

4.8/5

User Score

#2

4.7/5

User Score

#3

4.7/5

User Score

#4

4.4/5

User Score

#5

4.7/5

User Score

#6

4.0/5

User Score

#7

4.7/5

User Score

#8

4.8/5

User Score

#9

4.5/5

User Score

#10

4.9/5

User Score

 

ATFX Demo Account – 7 key points quick overview:

  1. ☑️ATFX at a Glance
  2. ☑️How to set up an ATFX  Demo Account
  3. ☑️ATFX Demo Account Features
  4. ☑️Customer Reviews
  5. ☑️Pros and Cons
  6. ☑️Conclusion
  7. ☑️Frequently Asked Questions

 

ATFX At a Glance

🔎Broker🥇ATFX
Company Information
📅 Year Founded2014
🧑🏻‍💻 Amount of staff500+ employees
👩‍💻 Amount of active traders200,000+ traders
🌐 Publicly Traded (Listed Company)No
Regulation and Security
🛡️ RegulationFCA (UK), CySEC (Cyprus), ASIC (Australia), FSCA (South Africa), FSC (Mauritius), SCA (UAE), SCA(Jordan)
🌎 Country of regulationUnited Kingdom, Cyprus, Australia, South Africa, Mauritius, UAE, Jordan
💻 Account SegregationYes
🪫 Negative balance protectionYes
🔋 Investor Protection SchemesUp to £85,000 (FSCS - UK)
Account Types and Features
➕ AccountsStandard, ECN
💳 Institutional AccountsYes
👨‍💼 Managed AccountsNo
📇 Minor account currenciesUSD, ZAR
💰 Minimum DepositR100
Trading Conditions
🕞 Deposit/withdrawal processingInstant for deposits, same day for withdrawals
🪙 Fund Withdrawal FeeNo fees
📊 Spreads from0.6 pips (Standard), 0.0 pips (ECN)
💸 CommissionsNo (Standard), Yes (ECN accounts)
💱 Number of base currencies2 (ZAR & USD)
🚀 Swap FeesYes
📈 LeverageUp to 1:500
📏 Margin requirementsDepends on the asset class and leverage
☪️ Islamic account (swap-free)No
💻 Demo AccountYes
⌛ Order Execution Time0.01 seconds (Ultra-fast execution)
📆 VPS HostingYes (for higher-tier accounts)
Trading Instruments
🧾 CFDs-Total Offered65
🗠 CFD Stock Indices15+
⚖️ CFD Commodities8
📜 CFD SharesNone
Deposits and Withdrawals
💳 Deposit OptionsBank Transfer, Credit/Debit Cards, Instant EFT
💵 Withdrawal OptionsBank Transfer
Trading Platforms/Tools
💻 Trading PlatformsMT5, ATFX WebTrader, Mobile App
👩‍💻 OS CompatibilityWindows, MacOS, iOS, Android
🖥️ Forex trading toolsTrading Central, Auto - Chartist
Customer Support
🗣️ Live chat availabilityYes
📱 Customer Support Emailsupport.sa@atfxafrica.com
📞 Customer Support Contact Number+27 31 300 3117
👾 Social media PlatformsFacebook, Twitter, LinkedIn, Instagram
🗣️ Languages supportedMost local SA languages
Educational Resources and Support
🖺 Forex courseYes
🧏‍♀️ WebinarsYes
📚 Educational ResourcesYes (eBooks, videos, articles)
Partnerships and Programs
🪪 Affiliate program?Yes
👨‍🏫 Amount of partners1,000+
📋 IB ProgramYes
🚀 SponsorshipYes (varies by region)
🪙 Rebate programYes
👉Open AccountOpen Account

 

How to set up an ATFX  Demo Account

Setting up a demo account with ATFX is an easy and straightforward process that consists of the following steps:

 

Step 1: Navigate to the ATFX website.

Navigate to the ATFX website and select ‘Open demo account’ to sign up.

 

 

How to set up an ATFX  Demo Account step 1

 

Step 2: Register your details

you will be redirected to a new page that features an online application requiring the trader’s First and Last Name, country of residence, mobile phone number, email address, and a user-selected password.

 

How to set up an ATFX  Demo Account step 2

 

Opening a demo trading account is easy. Simply provide a few basic details, and you’ll be sent login details immediately. You don’t have to provide more information until you’re ready to switch to a live trading account.

 

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

 

ATFX Demo Account Features

 

ATFX Demo Account Features

 

ATFX’s demo account mimics a live trading account. Traders have access to the same functions, features, and options that they would normally have on a live trading account.

The only difference is that the account is risk-free, as traders use virtual funds to trade. This means traders cannot withdraw any profits from the demo account.

Traders who use the demo account must do so on the MetaTrader 5 platform, as that is the only platform offered by ATFX. They can use this account either through MetaTrader 5’s Web Trader or by downloading it onto their desktops and mobile devices.

When using MetaTrader 5, traders will have access to the various functions, tools, features, and more offered by this trading platform.

 

You should open a demo trading account as it enables you to:

  • Get to grips with your trading platform
  • Build and practice strategies
  • Grow your confidence

 

All without risking your actual funds.

 

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.

 

Customers Reviews

 

Pros and Cons

✅ Pros❌ Cons
Demo account sign-up fully digitalDemo account expires after 30-days
MetaTrader 4 offered
Sign-up completed in minutes

 

Conclusion

Overall, the ATFX mimics a live trading account and offers many features for traders. It uses the ATFX MetaTrader 5 platform.

 

You might also like: ATFX Review

You might also like: ATFX Account Types

You might also like: ATFX Fees and Spreads

You might also like: ATFX Minimum Deposit

You might also like: ATFX Sign-up Bonus

 

Frequently Asked Questions

 

What is the difference between a demo and a live trading account?

A demo account uses virtual funds instead of actual capital. This allows for risk-free trading and exploring both the broker’s offer and the trading platform. Demo accounts can be used for various reasons, including practicing trading, testing trading strategies, exploring platforms and offers, and more.

 

Does ATFX offer a demo account?

ATFX offers demo account services to clients.

 

For how long is the demo account valid?

It does not indicate how long the demo account is valid, but most brokers give you 30 days to try it out.

 

Which live trading accounts does ATFX offer?

ATFX only offers a standard live account.

 

What are the available deposit currencies for a live trading account?

ZAR and USD.

 

SAShares Instagram

3.7/5 - (3 votes)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

December 8, 2024

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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