atfxforex.com is an online CFD trading platform established in September 2024 under the brand name "ATFX FOREX". This platform offers CFD trading services across various assets including forex, precious metals, crude oil, indices, and cryptocurrencies, but will not provide services in regions where it would violate local laws and regulations.
Platform Service Overview
Trading Accounts
The platform offers trading accounts with spreads starting from 1 pip and leverages ranging from 1:100 to 1:500. The margin call and stop-out levels are set at 100% and 50%, respectively. However, the platform has not disclosed the minimum deposit requirements, nor has it specified details about trading commissions and other fees.
Trading Platform
atfxforex.com provides the MT5 trading platform for users, supporting both desktop and mobile devices. The MT5 platform features advanced charting tools with over 50 technical indicators and intraday analysis capabilities.
Trading Product Information
Forex
The platform offers trading in a variety of forex currency pairs, including major pairs such as EUR/USD, USD/CAD, GBP/USD, and USD/JPY.
Precious Metals
Investors can trade spot precious metals on the platform, such as Gold (XAUUSD) and Silver (XAGUSD).
Crude Oil
The platform supports CFD trading of US Crude Oil (USOIL).
Indices
The platform covers trading of major global indices, including the Nikkei 225 (N225), Germany's DAX Index (GER30), and the S&P 500 (US500).
Cryptocurrencies
The platform also offers trading of cryptocurrency pairs, including major cryptocurrencies such as Bitcoin, Ethereum, and Ripple (BTC/USD, ETH/USD, XRP/USD).
Deposit and Withdrawal Methods
The platform does not specify the supported deposit and withdrawal methods on its website, nor does it mention whether additional fees apply during fund transactions. This lack of transparency may inconvenience users.
Contact and Social Media
The platform does not provide official channels on major social media platforms like Facebook, Instagram, and Twitter. Users can only contact the platform through the online contact form on its website or via email.
Company Background and Regulatory Information
Company Background
According to information provided by atfxforex.com, ATFX FOREX was established in 2002, headquartered in New York, with branches in the USA, Canada, and Sydney, Australia. It claims to be strictly regulated, including by the UK's FCA ID: 504072, Australia's ASIC ID: 406684, Japan's FSA ID: 2010401081157, and Ireland's CBI.
Regulatory Information
However, investigation shows that the platform's claimed regulatory information is copied from a well-known broker, AVA Trade, and its brand name "ATFX FOREX" and logo are also copied from the broker ATFX.
In reality, the website does not belong to a legitimate business entity and is not regulated by any financial regulatory authority.
Conclusion
In summary, atfxforex.com is a CFD trading platform newly established in 2024, but its claimed regulatory information, brand name, and logo are actually copied from brokers AVA Trade and ATFX.
Risk Warning: Trading CFDs carries a high level of risk, and market volatility may lead to losses of invested capital. Leverage trading amplifies both risks and potential profits. Before engaging in trading, it is recommended that investors fully understand market volatility and the mechanisms of CFD trading, assess their risk tolerance, and ensure adequate experience to avoid blind investment.
