Binary options are prohibited in the European Economic Area. 83% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Free $10,000 Demo Account


ATFX Broker Review


ATFX is an EU-regulated forex broker. Operated by ATFX Global Markets (Cy) Limited, the online brokerage is regulated by the Cyprus Securities and Exchange Commission (CySEC) under the license number 285/15.

However, we found ATFX requires a relatively high minimum deposit (compared to other regulated brokers) and only offers the MetaTrader 4 advanced trading platform, which may appear too complicated for beginners.

Account Features

No matter whether you are new to trading or an experienced investor, ATFX has an account type just for you. The forex broker offers two real trading accounts (one for beginners, one for advanced traders) and a free demo account to practice and test out the ATFX trading platform risk-free.

The minimum deposit to begin trading with ATFX is $200. This is no surprise, as most brokers require $200 – $250 minimum deposits. If you are looking for a cheaper option, you can try IQ Option, where you can start trading with only $10.

Demo Account (Free)

Before investing any real money, ATFX gives you the option to open a free demo account with $100,000 virtual funds. We always strongly encourage our traders to take advantage of free demo accounts, especially beginners, because they give you the opportunity to practice trading and test out the broker’s platform without having to make any deposit. Then, once you feel ready, you can make your first deposit and start real trading with ATFX.

Standard Account ($200)

  • $200 minimum deposit
  • Spreads: 1.2 pips
  • Maximum leverage: 30:1
  • No commission

Edge Account ($5,000)

  • $5,000 minimum deposit
  • Spreads: 0.5 pips
  • Maximum leverage: 30:1
  • Commission: $3 p/slide p/lot

Trading Software & Assets

With ATFX, you can trade a variety of underlying assets and CFDs, including:

  • Forex – 43 major minor and exotic currency pairs (ex. EUR/USD, AUD/CAD, EUR/HUF)
  • Precious Metals – London Gold and London Silver (XAUUSD, XAGUSD)
  • Crude Oil – petroleum or black gold (USOIL, UKOIL)
  • Indices – 9 stock indices

The trading platform at your disposal will be the MetaTrader 4 (MT4), one of the most popular forex and CFDs trading platform online. You can access the MT4 platform in two different ways: desktop or mobile. You will not be able to access MT4 through your browser only. MetaTrader 4 needs to be downloaded, either on your desktop or mobile device.

However, it is important to note that MT4 is a trading platform created for more advanced traders. If you are a beginner, the MT4 platform may appear complex with too many tools and features that make little sense to you. Unfortunately, ATFX does not prove users with a simpler, beginner’s option. Usually, forex brokers like to provide one simple web trader for beginners, and MT4 for more advanced traders, so this is definitely a feature that is lacking when it comes to trading with ATFX.

Each ATFX platform is outlined below.

MT4 Desktop

If you are using a PC or laptop, you can download the platform directly on your device. MT4 is a powerful trading software and cannot be accessed simply through your web browser like other platforms.


MT4 Mobile

If you prefer trading on-the-go through your smartphone or tablet, ATFX gives you the option to download their trading app. This is a convenient solution, because it allows you check your open positions while you’re out of the house and never miss a trading opportunity.

The MT4 platform is available to download on both Android and Apple operating systems (via Google Play or the App Store).

Support Information

If you have any questions or issues, you can contact the ATFX customer support team. The broker’s support is available 24/5 via email, live chat, or phone. The company’s headquarters are in Limassol, Cyprus. Specifically, ATFX Global Markets (Cy) is located at 159 Leontiou A’ Street, Maryvonne Building, Office 204, 3022, Limassol – Cyprus.

The ATFX contact numbers are:

+357 25 258 774 (main hotline)
+357 25 258 777 (closing / modifying a position)

The ATFX email addresses provided are:

General Information: [email protected]
Support: [email protected]
New Accounts: [email protected]
Account Opening: [email protected]
Disputes / Complaints: [email protected]
Back Office: [email protected]
Partnerships: [email protected]
Media Relations: [email protected]
Investment Services: [email protected]

Banking & Company Information

The minimum deposit to begin trading with ATFX is $200. The deposit methods accepted are:

  • Credit / Debit Card (Visa, MasterCard)
  • Bank Wire Transfer
  • Skrill
  • Neteller

The ATFX withdrawal methods are the same as their deposit methods. Usually, you will be asked to withdraw the same way you deposited. ATFX also requires you provide identification documents before you make your request to withdraw, like most regulated brokers.

ATFX Pros & Cons

For your convenience, we have listed the basic ATFX advantages and disadvantages we found through writing this review below.


  • Regulated in the EU with transparent website
  • MetaTrader 4 (the most popular forex trading platform)


  • Relatively high minimum deposit (there are much cheaper options with regulated brokers)
  • No trading platform for beginners (MT4 is more for advanced traders)