Global Broker Regulation Inquiry App
About WikiFX

Score

0 1 2 3 4 5 6 7 8 9
.
0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10
The broker's WikiFX Score has been lowered due to a high volume of unresolved client complaints.

ATFX

United Kingdom United Kingdom | 10-15 years | Trading Env. C |
ECN Account Regulated in Australia | Market Making License (MM) | MT4 Full License | Regional Brokers | High Potential Risk | Offshore Regulation

https://www.atfx.com/pt/

Website

Rating Index

License 9.14 Software 9.99 Risk Control 0.00 Business 8.00 Regulation 9.16
8.02

Trading Env.

Trading Env.

C

Average Execution Latency (ms)

718.3 Poor

MT4/5

Full License

ATFXGM2-DEMO

Australia
Australia
MT4
272

Influence

A

Influence Index NO.1

South Korea South Korea 5.16
The broker's WikiFX Score has been lowered due to a high volume of unresolved client complaints.

Trading Env.

D C B A AA AAA

Speed:D

Slippage:C

Cost:A

Disconnected:AAA

Rollover:A

C

MT4/5 Verification

MT4/5 Verification

Full License

272
Server Name
ATFXGM2-DEMOMT4
Server LocationAustraliaAustralia

Influence

Influence

A

Influence Index NO.1

South Korea South Korea 5.16
Surpassed 80.20% brokers
Business Region Search Statistics Ad Campaigns Social Media Index

Contact

+44 203 957 7777
https://www.atfx.com/pt/
Tower 42, Leaf 35C, 25 Old Broad Street, London EC2N 1HQ, United Kingdom.
WikiFX Risk Alerts
  • WikiFX has recorded a total of 40 user complaints against this broker. Please be aware of the high risks and exercise extreme caution.
2

Basic Information

Registered Region
United Kingdom
Operating Period
10-15 years
Company Name
AT Global Markets (UK) Limited
Abbreviation
ATFX
Employees
--
Email
cs.latam@atfxgm.com
Contact Number
+442039577777
Address
Tower 42, Leaf 35C, 25 Old Broad Street, London EC2N 1HQ, United Kingdom.
Teong Hong Hor

Teong Hong Hor

Unverified

Malaysia

ATFX is not paying out commissions. Currently, I cannot open positions, close positions, or withdraw funds. My account has been frozen. What should I do with my remaining fund of 173.39? They even require me to promote to 3 people before I can withdraw money, clearly implying that they want advertisement before processing my withdrawal.

Exposure

FX2644006011

FX2644006011

Unverified

Japan

In early April, while studying abroad in Japan, I received a call from the Hong Kong-based ATFX platform asking me to watch a live trading session on Tencent Video. Subsequently, I decided to deposit $12,000 and let them guide my trades via WeChat. The customer service advertised a 20% stop-loss limit, but on the very same day, they executed trades with 2-3 lots—far exceeding my capital—resulting in massive losses! The commission per lot was as high as $50, and the gold spread remained above 50. Later, the platform replaced my trading mentor, citing poor performance, and after depositing another $5,000, by the end of May, my total capital of $17,000 had suffered a loss of $14,784—an 80% loss rate! From late May to early June, I repeatedly submitted over 10 feedback emails through ATFX’s backend system. The platform then had an account manager contact me, and our communication lasted from June to early September. During this period, without agreeing on a compensation amount, they pressured me to sign a reimbursement application, submit my ID, and even record a facial verification video. After signing, the account manager ignored my messages for a full week. When they finally responded, they delayed the compensation timeline, claiming they were 'waiting for higher-ups’ instructions' and had no further details. In early September, they offered a dismissive $800 compensation. Left with no choice, I consulted a lawyer and uncovered the account manager’s personal details, preparing legal action. The account manager has since blocked me on WeChat. I demand that the platform address my grievances fairly, respond promptly, and contact me directly. My evidence of trading losses is irrefutable, and I’ve already disclosed personal information—I expect the platform to take this seriously, not brush it off. As a student who invested most of my tuition, this compensation is critically important to me!

Exposure

FX2765801097

FX2765801097

Unverified

Malaysia

Highest swap I have experienced compared with other well known brokers for Xauusd and WTI. Ridiculously high swaps : WTI -8.25 Long, -27.25 Short (Highest in the world) Gold -9.14 Long, 1.08 Short (Highest among all) This is not the broker you want to trade in for long term. They are just overnight money robbers.

Exposure

Tandy

Tandy

Verified

Hong Kong

For many years, I have been using this platform

Positive

Positive

Alex05

Alex05

Unverified

India

I’ve been trading with ATFX for several months now, and overall, my experience has been very positive. ATFX offers a clean and intuitive platform that’s ideal for both beginners and experienced traders. The account setup process was smooth, and the real-name authentication ensures transparency and security, which builds trust. One of the standout features is their fast order execution. I’ve rarely experienced slippage or delays, even during volatile market conditions. Their spreads are competitive, especially on major currency pairs like EUR/USD and GBP/USD.

Positive

Positive

FX2887600788

FX2887600788

Unverified

Australia

Black Platform

Exposure

FX3304444863

FX3304444863

Unverified

United States

ATFX agent induces novices to open accounts, and also provides reverse trading signals in the DingTalk group, causing severe losses to others. Moreover, the DingTalk group is full of accomplices, and the deposits are made into private accounts. The platform and the agent collude together, continuously causing losses to others, fearing that they will report to the police, and then refusing to compensate as promised.

Exposure

FX2134594879

FX2134594879

Unverified

Vietnam

I initiated a withdrawal two days ago and the status is still "Pending". I've cancelled and retried 3-5 times, but it's still the same. When I messaged support, they said they've sent it to the person in charge. As far as I know, ATFX is a transparent platform, but this doesn't seem right. #ForexPlatformReview

Exposure

FX2887600788

FX2887600788

Unverified

Australia

Hello, I met someone online. She asked me to download BlackRockMax. On it, she asked me to use the TAFX trading platform. Last month, the platform customer service said that I violated the rules and made profits by multiple people. My original capital was only about 15,000 US dollars, and I made more than 30,000 US dollars in two months. I don’t know how to play. Every time I place an order, it is the person I met online who asks me to place an order once a week. The trading platform also fined me. I didn’t want to pay it at that time, saying that it was a scam. The customer service said that I could withdraw the money after paying the fine. The friend online also said the same thing. But after I paid the fine, they said that I violated the rules and had to pay a deposit. Now I don’t know if this platform is real.

Exposure

FX1504767596

FX1504767596

Unverified

Israel

I met a scammer online who convinced me to buy $64,800 worth of U and trade international gold on ATFX. Because I needed to rotate funds, I tried to withdraw $10,000 U, but it never arrived in my account. The next day, my account was prohibited from use and login. What should I do? Is there any kind person or team that can help me?

Exposure

FX3249154585

FX3249154585

Unverified

Jordan

Trades were cancelled, the account was closed, and money was lost after the market closed without any action from the account owner.

Exposure

FX2797988846

FX2797988846

Unverified

Indonesia

when you trade in this broker careful, it will open positions without you knowing and wipe off all your acc balance. i did not even login for this account for very long and suddenly when i open to withdraw my balance today, it shown has a position in history 22nd oct and acc was wiped out!

Exposure

FX2797988846

FX2797988846

Unverified

Indonesia

do not see this a big broker but lives in the misery of the client, position opened itself by the broker without me knowing! what a scam living on the misery of others!

Exposure

FX1021951801

FX1021951801

Unverified

United States

Good Morning! Im unable to withdraw

Exposure

G.          ༽

G. ༽

Unverified

United States

Platform is pretty direct. They keep things transparent, especially about how they calculate fees and interests. There's a bit of a lag sometimes with the updates, but it's manageable. Overall, if you're into trading precious metals like gold, igold is a reliable spot to do that.

Positive

Positive

xiaoyu1

xiaoyu1

Unverified

United Kingdom

Mixed feelings. Their customer service, especially support from staff members like Chrstiaan and Chaema, is top-notch 👍. Still, the lot sizes were a bit tricky for me at first. Unfortunately, I've encountered some issues with withdrawals and fee adjustments that left me scratching my head. While there are areas for improvement, their fast issue resolution and slippage-free trading are quite good👍.

Positive

Positive

J.I.M666

J.I.M666

Authenticated
Unverified

Malaysia

If the account is not used for a long time, the investor's trading account will be maliciously deleted. Although there is not much money in it, there is money in it. Such behavior is theft. For example, if we put money in a bank, even if they want to clear the account, they need the investor's consent or sed a notification via email. Only in this way can they know clearly whether investors need to continue to maintain their accounts! ! !

Exposure

大智路花店

大智路花店

Unverified

Taiwan

On a dating app, I met someone who told me that he is single and his mother is still alive. He has a daughter and his wife passed away due to illness. He runs a hot pot restaurant in mainland China. During the pandemic, he managed to turn things around by trading ATFX precious metals with the help of his friends. He has been urging me to invest, saying that I will definitely make money. However, after I actually invested, I couldn't withdraw the money and it feels like a bitter experience in investing.

Exposure

雪寶

雪寶

Unverified

Taiwan

Initially, I chatted with a netizen surnamed Lin and after getting familiar, he was eager to help me make money. I thought that since we had been chatting for a month and he seemed trustworthy, I didn't doubt his investment. Indeed, I made a little profit. We continued chatting and I wanted to increase my investment, so I requested a withdrawal. After the first successful withdrawal, I actually didn't want to continue playing because I am not materialistic and not greedy. However, he kept telling me that the market performance in the past 10 years was rare, so I agreed to a minimum investment of 100,000. After winning some small profits and withdrawing my own funds, the other party found out and his expression changed drastically. He accused me of withdrawing without informing him, and then the customer service started posting, demanding margin and freezing my account. That's when I realized something was wrong. But at least I have kept screenshots as evidence. I am sharing my case with everyone, hoping that my fellow female friends won't be deceived by this man's fake platform!

Exposure

小小8529

小小8529

Unverified

Taiwan

I was able to withdraw money successfully for the first time. When I wanted to withdraw money for the second time, they made it difficult in every possible way, saying that the same margin is needed, otherwise they would freeze the account.

Exposure

Yh4853

Yh4853

Unverified

South Korea

ATFXwe held a .tvug.live deposit event and worked hard to raise all the money to complete the deposit. however, i was unable to withdraw money. the reason was to pay taxes on profits. if taxes had been mentioned from the beginning, i would have paid at least a little bit of taxes. however, there was no mention of taxes at all, and when i tried to withdraw money, they only mentioned taxes and asked me to pay additional money. i cannot accept this.

Exposure

Yh4853

Yh4853

Unverified

South Korea

We held an ATFX deposit event and worked hard to raise all the money to complete the deposit. However, I was unable to withdraw money. The reason was to pay taxes on profits. If taxes had been mentioned from the beginning, I would have paid at least a little bit of taxes. However, there was no mention of taxes at all, and when I tried to withdraw money, they only mentioned taxes and asked me to pay additional money. I cannot accept this. Therefore, I request at least a recovery of the principal amount.

Exposure

Closure

Closure

Unverified

United States

It all started with me spotting a potential profitable foreign exchange trend involving the USD and EUR. The USD had been weak all week, and I suspected it would bounce back soon, given the upcoming positive financial data from the U.S. I decided to position a long trade on the USD/EUR currency pair, anticipating a rise in the USD. The ATFX platform was instrumental in this process. I monitored the currency pair using their real-time charts and even had access to critical economic news updates that had the potential to impact the forex market. Just as I expected, the USD started to show strength after positive U.S. financial data poured in. With a single click on the ATFX platform, my long trade was placed. Throughout the trade, their system worked flawlessly, and my trade was executed at the exact price I had intended. There were no instances of slippage or re-quotes - making the overall trading experience comfortable and free from unnecessary stress. After a few hours, the USD experienced a surge, and I decided to close the trade, pocketing a decent profit. The withdrawal process was quick and hassle-free, with my earnings promptly transferred to my bank account.

Positive

Positive

63
Account Info
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Trading Env.
Transaction Data
Trading Strategy
Business Region
Verified Site
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About Us
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Wiki Q&A
Comment
MT4/5
Full License MT4
Full License MT4
Full License MT5
Full License MT5
15
MT4 Servers
24
MT5 Servers
103.77
velocityIcon
Average Execution Speed/ms

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Meta Trader 4
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Meta Trader 5
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Perfect
Trading Apps
9
All 9
iOS 4
Android 5
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ATFX
Trade on over 300 instruments including forex, stocks, indices, commodities, and more
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Trading Env.

Average Execution Speed(ms)
718.3 Poor
Minimum Execution Latency(ms)
81 Great
Minimum Open Latency(ms)
301
Minimum Close Latency(ms)
81 Great
Maximum Open Latency(ms)
1757
Maximum Close Latency(ms)
1529 Good
11.27USD/Lot Great
20.36USD/Lot Perfect
Long: -8.24USD/Lot    Short: 2.81USD/Lot
Long: -52.38USD/Lot    Short: 27.9USD/Lot Poor
Average Slippage
1 Poor
Max Slippage
1 Great
Maximum Positive Slippage
1 Poor
Maximum Negative Slippage
1 Great
Avg. Disconnection Frequency (/day)
0.1 Perfect
Avg. Reconnection Time (ms)
111.6
Ranking: 96 / 115
Tested Users 1,464
Orders 1,018
Used Margin $4,564,700 USD
Data provided by
vpsWikiFX Data provide
Last Updated:2026-07-13 01:00:00

Total Margin Trend

VPS Region UserTrading InstrumentsClosing Time
BeiJingBeiJing280***XAUUSD07-14 03:57:37
HongkongHongkong487***XAUUSD07-14 03:09:13
ShanghaiShanghai996***XAUUSD07-14 03:06:09

Liquidation Rate

0.70%

Liquidation by Symbol

Past 6 Months

Search Sources
Target Language
Market Analysis
Ad Placement

Verified Site

  • United States atfx-vi.com
    141.193.213.11
  • United States atfxworld.com
    104.18.7.212
  • United States atfx-vn.com
    141.193.213.11
  • United States atfxcapital.com
    104.18.27.153
  • United States atfx.com.kh
    141.193.213.10
  • United States atfxchina.com
    104.18.31.23
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Relationship Map

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ATFX

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Employees

Company Profile

Company Profile

Review summary

Quick ATFX Review Summary
Company NameAT Global Markets (UK) Limited
Founded2014
HeadquartersLondon, UK
Regulated ByFCA (UK), ASIC (AU), SFC (HK), CySEC (CY), FSCA (ZA), SERC (KH), FSA (SC), CMA (AE), FSC (MU)
Tradable AssetsForex, precious metals, commodities, stocks, ETFs, share, energies, indices, cryptocurrencies
Demo Account✅ ($50,000 demo money)
Account TypeStandard, Demo
Min Deposit$50
LeverageUp to 500:1
SpreadFrom 0.5 pips
Trading PlatformMT4 and MT5
Payment MethodsVISA / Mastercard / Skrill / Neteller / Perfect Money / Bank Wire
Deposit & Withdrawal Fees
Inactivity Fee$10/month will be deducted from the account balance after 6 months of inactivity.
Customer SupportMon – Fri 08:00 – 18:00 GMT+2, GMT+3 during Daylight Saving Time
Live chat
Email:cs.gm@atfx.com

ATFX Information

ATFX is a global online forex and CFD broker established in 2014, offering trading on various markets including forex, precious metals, commodities, stocks, ETFs, share, energies, indices, cryptocurrencies. The broker also offers Standard accounts. Besides, the demo account is also provided. Regarding trading platform offerings, MetaTrader 4 (MT4) and MT5 are supported.

ATFX's homepage

Pros & Cons

On the positive side, ATFX is a well-regulated broker and offers forced liquidation at a 30% margin level to protect security of clients' funds. It also offers various trading instruments with competitive spreads via the industry-leading MT4 platform. You can also test their trading conditions via risk-free demo accounts.

ProsCons
  • Operates under a strong regulatory frame
  • Limited deposit and withdrawal methods
  • Offers forced liquidation at a 30% margin level
  • Deposit and withdrawal fees charged
  • Various trading instruments
  • $10/month will be deducted from the account balance after 6 months of inactivity
  • Demo accounts available
  • Competitive spreads
  • User-friendly trading platforms MT4 and MT5

Is ATFX Legit?

Yes. ATFX operates under the oversight of multiple authoritative regulatory bodies across key financial jurisdictions, ensuring transparency, client protection, and operational integrity. Its regulatory portfolio spans global hubs (e.g., UK, Cyprus) and strategic regions (e.g., Seychelles, UAE), reflecting a commitment to compliance with diverse market standards.

Market Instruments

ATFX supports trading on CFDs: Precious Metals, Commodities, Stocks, ETFs, Share, Energies, Forex, Indices, Cryptocurrencies.

Asset ClassSupported
ForexYes
Precious MetalsYes
CommoditiesYes
StocksYes
ETFsYes
ShareYes
EnergiesYes
IndicesYes
CryptocurrenciesYes
BondsNo
OptionsNo
FuturesNo

Account Type

ATFX offers a dual trading ecosystem comprising its Demo Trading Account and Standard Trading Account, designed to cater to traders at every stage of their journey—from learning to live execution.

The Demo Trading Account serves as a risk-free entry point, providing a real-time simulated environment with a $50,000 virtual balance. Ideal for novices or those refining strategies, it mirrors live market conditions across MT4 (desktop, mobile, or web), enabling users to practice trading forex, indices, and commodities; test and optimize strategies; build discipline; and master platform navigation (e.g., chart analysis, order execution) without exposing real capital. It eliminates the pressure of financial risk while fostering confidence and familiarity with trading mechanics.

For traders ready to transition to live markets, ATFXs Standard Trading Account delivers a seamless bridge to real-money trading. Linked directly to MT4, this all-in-one account supports diverse instruments (forex pairs, equity indices, commodities) with competitive spreads, minimizing transaction costs. It empowers users to manage funds (deposits/withdrawals), monitor balances, and execute trades or automated strategies, combining essential functionality with accessibility.

Account Type

Leverage

ATFX offers 500:1 leverage depending on the type of trading account and financial instrument.

Non-Trading Fees

Aside from trading fees, ATFX also charges non-trading fees that traders should be aware of.

Deposit Fee
Withdrawal Fee
Inactivity Fee$10/month will be deducted from the account balance after 6 months of inactivity.

Trading Platform

ATFX supports a range of trading platforms and tools tailored to diverse trader needs. MT4® (desktop, web, mobile/tablet) offers flexible trading with 30+ technical indicators and customizable charts, while MT5® expands multi-asset trading capabilities across forex, indices, commodities, stocks, ETFs, energies, and cryptocurrencies with advanced charting and professional execution features.

For strategy replication, ATFX CopyTrade (web-based) enables users to follow and mirror top traders in real time, making it suitable for both beginners and experienced traders. Integrated into MT4/MT5 and the ATFX web platform, Trading Central provides actionable insights with real-time signals and market research across a wide range of instruments.

In addition, the ATFX Support & Resistance Indicator (MT4 & MT5) helps traders identify key price levels directly on charts, supporting more informed technical decision-making across different trading strategies.

Trading Platform

Deposit & Withdrawal

ATFX offers a diverse range of payment and withdrawal methods to ensure convenience and security for its clients. The supported payment systems include:

  • VISA: A widely recognized global payment network for credit and debit cards.
  • Mastercard: Another leading global payment system, facilitating secure transactions via credit and debit cards.
  • Neteller: A digital payment platform enabling fast and secure e-wallet transactions.
  • Skrill: A popular e-wallet service that allows quick transfers and manages digital finances.
  • Perfect Money: A financial service designed for efficient online money transfers and transactions.
  • Bank Transfer: Direct banking solutions for sending or receiving funds through traditional banking channels.

These methods are supported by efficient, automated processes and undergo strict audits to guarantee the safety of users funds, ensuring a reliable and seamless experience for all payment and withdrawal needs.

Deposit & Withdrawal

Customer Support

ATFX customer support can be connected through the following channels:

Live chat, contact form

Email: cs.gm@atfx.com

Headquarters: 1st Floor, 32 Cornhill, London EC3V 3SG, United Kingdom

FAQs

What is the minimum deposit requirement for ATFX?

$50 is required to start real trading.

What trading platforms does ATFX offer?

ATFX offers the popular MetaTrader 4 and MetaTrader 5.

Does ATFX offer demo accounts?

Yes. ATFX offers demo accounts with up to $50,000 demo money.

Company Profile

  • 2025 SkyLine Malaysia 2025 SkyLine Malaysia
  • 10-15 years
  • Regulated in Australia
  • Regulated in Hong Kong
  • Regulated in United Kingdom
  • Regulated in Cyprus
  • Regulated in Cambodia
  • Regulated in South Africa
  • Regulated in Seychelles
  • Market Making License (MM)
  • Inst Market Making (MM)
  • Forex Execution License (STP)
  • Derivatives Trading License (EP)
  • MT4 Full License
  • MT5 Full License
  • Self-developed
  • Regional Brokers
  • High Potential Risk
  • Offshore Regulation

News

ATFX Brings Q3 2026 Trader Magazine into Focus on the Next Market Shift

News ATFX Brings Q3 2026 Trader Magazine into Focus on the Next Market Shift

ATFX Trader Magazine returns for Q3 2026 with a forward-looking analysis of the major themes expected to shape global financial markets in the coming months. As investors navigate a more complex and s

ATFX Secures Authorisation to Establish Representative Office in Colombia

News ATFX Secures Authorisation to Establish Representative Office in Colombia

Bogotá, Colombia – June 2026 – ATFX has secured authorisation from the Financial Superintendence of Colombia to establish and operate its Representative Office in Colombia under Resolution No. 2065 da

ATFX Cambodia Expands Presence with New Branch Opening on First Anniversary

News ATFX Cambodia Expands Presence with New Branch Opening on First Anniversary

Phnom Penh, June 13, 2026 – ATFX Cambodia, a brokerage firm providing advisory services for international securities trading, celebrated the first anniversary of its operations in the Kingdom of Cambo

ATFX Showcases Trading Ecosystem and Institutional Infrastructure at Finance Magnates Africa Summit

News ATFX Showcases Trading Ecosystem and Institutional Infrastructure at Finance Magnates Africa Summit

ATFX has concluded its participation at the Finance Magnates Africa Summit (FMAS) 2026, reinforcing its presence across Africa and highlighting its ongoing investment in technology, institutional conn

ATFX Connect Partners in South Africa with the JSE to Bring JSE-Listed CFDs to Institutional Clients

News ATFX Connect Partners in South Africa with the JSE to Bring JSE-Listed CFDs to Institutional Clients

ATFX Connect is proud to announce a landmark strategic partnership with the Johannesburg Stock Exchange (JSE), one that opens direct access to JSE-listed CFDs for our growing network of B2B and instit

“I invested my hard-earned money with Finco, but now I can't withdraw my funds”- User complaint

Exposure “I invested my hard-earned money with Finco, but now I can't withdraw my funds”- User complaint

A User of Finco Capital lodged a complaint On Wikifx against this broker on August 2, 2023. He told that he invested His Hard-earned earnings with Finco, and now he is not able to withdraw his own money.

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Wiki Q&A

How safe is trading with ATFX?

ATFX demonstrates a high level of operational security through its multi-jurisdictional regulatory framework, which includes top-tier licenses from the UK's Financial Conduct Authority (FCA 760555), Australia's ASIC (418036), and Cyprus's CySEC (285/15), providing a robust structure for client fund segregation and dispute resolution. The broker's strong WikiFX score of 7.99, along with top-tier 'AAA' ratings for its swap and platform stability, further indicates a mature and well-established risk control environment for traders.

04-02
United States

Is ATFX regulated?

Yes, ATFX is regulated by multiple major financial authorities globally. The primary entity, AT Global Markets (UK) Limited, holds a full license from the UK's Financial Conduct Authority (FCA). Additional regulatory oversight comes from Australia's ASIC, Cyprus's CySEC, Hong Kong's SFC, South Africa's FSCA, and other regional regulators, forming a comprehensive and credible regulatory portfolio.

04-02
United States

Where is ATFX registered?

ATFX's primary operating entity, AT Global Markets (UK) Limited, is registered in the United Kingdom. The broker has been operating for 10-15 years and maintains a significant global presence with 13 offices spanning Europe, Africa, the Americas, and Asia, serving clients across multiple regions.

04-02
United States

What payment methods does ATFX support?

Specific payment methods for ATFX are not publicly listed in detail. However, as a broker with strong regulatory compliance under the FCA, ASIC, and CySEC, it is standard practice to support major credit/debit cards, bank wire transfers, and several established e-wallet solutions. Prospective clients should consult the broker's official website or client portal for the most current and region-specific funding options.

04-02
United States
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User Comments63

All (63) Positive (11) Neutral (3) Exposure (49)
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FX2644006011
Within 1 year
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ATFX's Hong Kong platform falsely advertised a 20% stop-loss line, and their trading guidance resulted in an 80% loss!
In early April, while studying abroad in Japan, I received a call from the Hong Kong-based ATFX platform asking me to watch a live trading session on Tencent Video. Subsequently, I decided to deposit $12,000 and let them guide my trades via WeChat. The customer service advertised a 20% stop-loss limit, but on the very same day, they executed trades with 2-3 lots—far exceeding my capital—resulting in massive losses! The commission per lot was as high as $50, and the gold spread remained above 50. Later, the platform replaced my trading mentor, citing poor performance, and after depositing another $5,000, by the end of May, my total capital of $17,000 had suffered a loss of $14,784—an 80% loss rate! From late May to early June, I repeatedly submitted over 10 feedback emails through ATFX’s backend system. The platform then had an account manager contact me, and our communication lasted from June to early September. During this period, without agreeing on a compensation amount, they pressured me to sign a reimbursement application, submit my ID, and even record a facial verification video. After signing, the account manager ignored my messages for a full week. When they finally responded, they delayed the compensation timeline, claiming they were 'waiting for higher-ups’ instructions' and had no further details. In early September, they offered a dismissive $800 compensation. Left with no choice, I consulted a lawyer and uncovered the account manager’s personal details, preparing legal action. The account manager has since blocked me on WeChat. I demand that the platform address my grievances fairly, respond promptly, and contact me directly. My evidence of trading losses is irrefutable, and I’ve already disclosed personal information—I expect the platform to take this seriously, not brush it off. As a student who invested most of my tuition, this compensation is critically important to me!
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