Beginner’s Guide to ATFX Broker: Complete Review

ATFX is a broker offering the ability to trade a range of assets and aims to make their platform simple to use with support for the MetaTrader 4 software. ATFX prides itself on offering competitive pricing for clients.To get more news about atfx review, you can visit wikifx.com official website.

Trading with ATFX gives clients access to an FCA-regulated broker for trading CFDs and forex. The goal of ATFX is to deliver the best possible trading experience. The broker has a client portal that is state-of-the-art and relies on the leading encryption systems.

ATFX uses the most recent bridging technologies to get the best rates from its liquidity provider. The payment systems on ATFX are super-fast, including for deposits and withdrawals.

The broker also makes the process of opening accounts quick and easy, allowing for trading right away and also provides a free demo account for testing the system.
ATFX also has a mobile application for trading on the go and convenience. It offers 24/5 customer service from an expert team. Clients can also enjoy full account management via the sleek client portal.

The headquarters of ATFX is located in the City of London. They are in the heart of the city. The specific address is 1st Floor, 32 Cornhill, London EC3V 3SG, United Kingdom.

Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs / Spread betting with this provider. You should consider whether you understand how CFDs / Spread betting work and whether you can afford to take the high risk of losing your money.
How Is ATFX Regulated?
Since ATFX has its headquarters in the United Kingdom, it is regulated by the FCA. The official name of ATFX is AT Global Markets (UK) Limited. The Financial Conduct Authority regulates and authorizes this company. The FCA registration number is 7605555 and the company number is 09827091.

The regulation and authorization from the FCA are for ATFX to be a CFD and FX broker. The FCA CASS rules authorize ATFX to hold client funds. As part of its FCA regulation and authorization, ATFX follows the agency’s strict regulatory requirements. These include the fair treatment of clients and the protection of client money.

ATFX is also regulated in the Middle East and North America.

Additionally, ATFX Global Markets (CY) Ltd. operates from Limassol, Cyprus. As such, this section of ATFX is under regulation from CySEC, the Cyprus Securities and Exchanges Commission. CySEC regulation provides access to the EU and EEA countries. Switzerland and the Middle East also have access to ATFX via CySEC regulation.

ATFX Country Restrictions
ATFX is a global brokerage overall. That being said, it is not available to clients in certain countries of the world. These include Yemen, Vanuatu, Tunisia, Trinidad and Tobago, and Sri Lanka. It also includes Bosnia and Herzegovina, Iraq, Ethiopia, Syria, Sudan, DPRK, and Turkey. ATFX cannot be used in Cuba, Japan, Iran, Canada, or the USA either. It is best to confirm that ATFX is available in your country if it is not explicitly stated. You can do this by contacting ATFX directly.

MiFID
In addition to the regulation, ATFX complies with MiFID, the Directive on Markets in Financial Instruments. The European Parliament and Council adopted this on Nov. 1, 2007. MiFID regulates financial instrument markets for providing investment services as well as activities, specifically in the European Economic Area. This EEA includes all 27 member states of the EU in addition to Norway, Liechtenstein, and Iceland.

The goal of MiFID was to harmonize financial market governance in the EEA. It also aims to improve financial transparency, efficiency, competition, and consumer protection. With MiFID, investment firms are able to freely offer services within other member state’s territories or those of third parties. The only requirement is that the investment firm must have authorization for those services.

As part of its transparency, ATFX has a range of legal documents available on its website. This includes all documents related to compliance and regulation. Each is downloadable for convenience. They span categories such as general, CFDs, and spread betting. This is where to go for details on terms and conditions related to specific services and products.