ATF Trade Limited (www.atf86.com) is a broker that provides Contract for Difference (CFD) trading services. Its website domain was registered on July 15, 2024. The company offers a variety of financial derivative trading services, including forex, precious metals, crude oil, indices, and cryptocurrencies, to retail and institutional clients. However, it does not provide services to jurisdictions where it might violate local laws or regulations.
Company Background and Regulatory Status
According to the ATF Trade Limited website (www.atf86.com), the company was established in 2002, headquartered in London, UK, with branches in the USA, Vanuatu, and Sydney, Australia. It claims that its subsidiaries are regulated by the US Financial Crimes Enforcement Network (FinCEN) and registered with the US National Futures Association (NFA), undergoing rigorous audits and regulations. Additionally, ATF Trade Limited states it is regulated by the UK Financial Conduct Authority (FCA), with license number 146311.
It is worth noting that ATF Trade Limited does not provide any company registration number on its website, nor does it disclose complete service terms and legal documents. The authenticity and legality of the website content are questionable.
Upon further verification, we found no registration information for a company named ATF Trade Limited on the official websites of both FinCEN and the NFA. Furthermore, the FCA website reveals that the company with license number 146311 is actually AMT Futures Limited, whose website is www.amtfutures.co.uk, and has no connection with ATF Trade Limited. Clearly, ATF Trade Limited has misappropriated AMT Futures Limited's license information to mislead investors.
Additionally, the design and content of ATF Trade Limited’s website (www.atf86.com) bear a striking resemblance to those of several brokers already identified as scams (Fecc Global, KKR Pro, AEEST) using the same template.
Trading Products
ATF Trade Limited offers the trading of various financial derivatives, including:
- Forex Trading: Providing dozens of major currency pairs such as EUR/USD, USD/CAD, GBP/USD, and USD/JPY.
- Precious Metals Trading: Supporting spot trading of gold (XAUUSD) and silver (XAGUSD).
- Crude Oil Trading: Offering trading services for US crude oil (UsOIL).
- Index Trading: Supporting indices such as Nikkei 225 (N225), German DAX (GER30), and S&P 500 (US500).
- Cryptocurrency Trading: Supporting major digital currency pairs such as Bitcoin (BTC/USD), Ethereum (ETH/USD), and Ripple (XRP/USD).
Account Opening Process
The process for opening an account with ATF Trade Limited is as follows:
- Visit the official website and click the “Register” button to enter the registration page.
- Fill in the email address and set a password, then receive a verification code via email.
- Enter the verification code and submit the application form. Once the account is successfully registered, complete the KYC verification before making deposits and starting trading.
Account Information
The ATF Trade Limited website only provides basic information about spreads, leverage, and contract sizes. However, it does not disclose critical information such as account types, trading commission, minimum/maximum transaction volumes, maximum position/order limits, margin call/stop-out levels, or minimum price accuracy.
- Base Currency: USD
- Spread: Floating spreads, starting from a minimum of 1 pip
- Leverage: 1:100 - 1:500
- Margin Call/Stop-out Level: 100%/50%
- Contract Size: 1 lot = 100,000 units of currency
Trading Platform
ATF Trade Limited claims to offer a self-developed trading platform called Textdiy, available for PC and mobile devices. However, when users click on the PC download link on the website, it redirects to the broker’s web-based trading page instead. Similarly, clicking the mobile download link results in a “page not found” error.
Deposit and Withdrawal Information
ATF Trade Limited does not explicitly state the deposit and withdrawal methods, related fees, or the minimum deposit and withdrawal amounts on its website.
Conclusion
Traderknows advises investors to be cautious with ATF Trade Limited (www.atf86.com), as it exhibits numerous suspicious characteristics, including undisclosed company registration information, false regulatory claims, and website similarities to known scam platforms. Investors should look for brokers with transparent information, stringent regulation, and a strong reputation to avoid unnecessary financial losses.
