71% of retail investor accounts lose money when trading CFDs with this provider.

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ATFX Global Markets Review

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ATFX Global Markets is a forex and CFD trading services broker. They give traders access to a wide variety of instruments in several markets like currencies, indices and commodities.

Pros

  • Used by 2,000+ traders
  • Established in 2014
  • Regulated by CySEC
  • Min. deposit from $100

Cons

To open a live account, you’ll need a minimum deposit of at least $100. Alternatively, ATFX Global Markets offers a demo account that you can use to practice and familiarise yourself with their platform.

Regulated by CySEC (Licence: 285/15). ATFX Global Markets puts all client funds in a segregated bank account and uses tier-1 banks for this. ATFX Global Markets has been established since 2014, and have a head office in Cyprus.

Before we dive into some of the more detailed aspects of ATFX Global Markets ’s spreads, fees, platforms and trading features, you may want to open ATFX Global Markets ’s website in a new tab by clicking the button below in order to see the latest information directly from ATFX Global Markets.

Visit ATFX

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

ATFX Global Markets screenshot Open a demo account

71% of retail investor accounts lose money when trading CFDs with this provider.

What are ATFX Global Markets's spreads & fees?

Like most brokers, ATFX Global Markets takes a fee from the spread, which is the difference between the buy and sell price of an instrument.

The spreads displayed below are based on the minimum spreads listed on ATFX Global Markets’s website. The colour bars show how competitive ATFX Global Markets' spreads are in comparison to other popular brokers featured on BrokerNotes.

ATFX Global Markets
EUR/USD (Average: 0.7 pips) Not offered 0.7 pips 0.1 pips
GBP/USD (Average: 1.1 pips) Not offered 1.7 pips 0.1 pips
USD/JPY (Average: 1.1 pips) Not offered 0.6 pips 0.1 pips
AUD/USD (Average: 0.8 pips) Not offered 0.6 pips 0.2 pips
USD/CHF (Average: 2.3 pips) Not offered 2.3 pips 0.2 pips
USD/CAD (Average: 2.9 pips) Not offered 0.5 pips 0.3 pips
NZD/USD (Average: 3.6 pips) Not offered 2.8 pips 0.3 pips
EUR/GBP (Average: 2.4 pips) Not offered 0.5 pips 0.1 pips

Spreads are dynamic and are for informational purposes only.

As you can see, ATFX Global Markets’s minimum spread for trading EUR/USD is pips - which is relatively low compared to average EUR/USD spread of 0.70 pips. Below is a breakdown of how much it would cost you to trade one lot of EUR/USD with ATFX Global Markets vs. similar brokers.

See all Spreads

How much does ATFX Global Markets charge to trade 1 lot of EUR/USD?

If you were to buy one standard lot of EUR/USD (100k units) with ATFX Global Markets at an exchange rate of 1.1719 and then sell it the next day at the same price you would likely pay $9.94. Here’s a rough breakdown of the fees and how this compares against Axitrader & IG .

XTB Axitrader IG
Spread from: $ 2.00 $ 1.00 $ 6.00
Commission: $0.00 $0.00 $0.00
Total cost of a 100k trade: $ 2.00 $ 1.00 $ 6.00
$1 less $4 more
Visit XTB Visit Axitrader Visit IG

All fees/prices are for informational purposes and are subject to change.

General Fees

  • ATFX Global Markets doesn’t charge inactivity fees*
  • ATFX Global Markets withdrawal fees varies on payment method

Commissions

  • ATFX Global Markets doesn’t charge commission on CFD shares

What can you trade with ATFX Global Markets?

ATFX Global Markets offers over 1,500 different instruments to trade, including over 48 currency pairs. We’ve summarised all of the different types of instruments offered by ATFX Global Markets below, along with the instruments offered by Axitrader and IG for comparison.

FX / Currencies XTB Axitrader IG
# of forex pairs offered 48 80 90
Major forex pairs Yes Yes Yes
Minor forex pairs Yes Yes Yes
Exotic forex pairs Yes Yes Yes
Cryptocurrencies Yes Yes Yes
Commodity CFDs XTB Axitrader IG
# of commodities offered 21 6 34
Metals Yes Yes Yes
Energies Yes Yes Yes
Agricultural Yes Yes Yes
Index & Stock CFDs XTB Axitrader IG
# of Stocks offered 1606 0 8000
UK Shares Yes No Yes
US Shares Yes No Yes
German Shares Yes Yes Yes
Japanese Shares Yes No Yes
See XTB's InstrumentsSee Axitrader's InstrumentsSee IG's Instruments

What’s the ATFX Global Markets trading experience like?

1) Platforms and apps

ATFX Global Markets offers the popular MT4 forex trading platform. To see a list of the top MT4 brokers, see our comparison of MT4 brokers. The combination of downloadable platforms for both Mac and Windows allows traders to trade with their device of choice.

ATFX Global Markets Screenshot

ATFX Global Markets also offer mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you are on the move.

See ATFX 's platforms

Trading Features:

  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection

Accounts offered:

  • Demo account
  • Micro account
  • Mini account
  • Standard account

Still not sure?

Open a practice account & learn to trade

2) Executing Trades

ATFX Global Markets allows you to execute a minimum trade of 0.01. This may vary depending on the account you open. ATFX Global Markets allows you to execute a maximum trade of 30. As ATFX Global Markets offer STP execution, you can expect tighter spreads with more transparency over the price you‘re paying to execute your trades.

As a nice bonus, ATFX Global Markets are one of very few brokers that claim to have no requotes, so you don’t have to worry about slippage (your trades being ordered at a different price to what you executed them at ).

As with most brokers, margin requirements do vary depending on the trader, accounts and instruments. You can see the latest margin requirements on their website.

ATFX Global Markets also offers a number of useful risk management features, such as stop losses (with trailing stops), limit orders negative balance protection price alerts and much more. You can see all of the account features offered by ATFX Global Markets here.

Finally, we’ve listed some of the popular funding methods that ATFX Global Markets offers its traders on the right.

Funding methods:

  • Credit cards
  • Bank Transfer
  • American Express

3) Client support

ATFX Global Markets support a wide range of languages including English, Arabic, Chinese, Czech, French, German, Greek, Indonesian, Italian, Hungarian, Japanese, Korean, Malaysian, Romanian, Russian, Spanish, Thai, Filipino, Turkish, and Vietnamese.

4) What you’ll need to open an account with ATFX Global Markets

As ATFX Global Markets is regulated by CySEC , every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you’ll likely be asked for the following, so it’s good to have these handy:

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You’ll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it’s best to put aside at least 10 minutes or so to complete the account opening process.

While you might be able to explore ATFX Global Markets’s platform straight away, it’s important to note that you won’t be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with ATFX Global Markets you can visit their website here.

CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you’re prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from https://atfxgm.eu on 01/09/2019.