ATFX (atfxs.com) is a CFD trading platform registered in the UK, offering investors a wide range of financial instruments for trading, including forex, precious metals, commodities, indices, currency pairs, and more. Its official website was launched in October 2024.
Trading Accounts
atfxs.com offers users two types of trading accounts: Standard Account and ECN Account.
Standard Account
- Trading Platform: ATFX
- Trade Execution: Immediate execution
- Trading Instruments: Over 250 currency pairs, indices, commodities, stock CFDs
- Leverage: Up to 500:1
- Minimum Spread: Starting from 1 pip
- Trading Commission: $0
- Minimum Deposit: $200
ECN Account
- Trading Platform: ATFX
- Trade Execution: Immediate execution
- Trading Instruments: Over 250 currency pairs, indices, commodities, stock CFDs
- Leverage: Up to 500:1
- Minimum Spread: Starting from 0.0 pips
- Trading Commission: $6 per round trade
- Minimum Deposit: $200
Trading Products
- Forex: Also known as the "foreign exchange market" or "forex trading market." According to statistics, the average total daily trading volume in the forex market exceeds $7.5 trillion. The forex market is a decentralized global market (OTC) used for currency exchange between countries. Market participants use forex to hedge international currency and interest rate risks, speculate on geopolitical events, and diversify investment portfolios, among other purposes.
- Commodities: Refers to precious metals widely recognized in the market and used as currency reserves or industrial raw materials, such as gold, silver, platinum, and palladium. These metals usually have high investment value due to their limited supply, high scarcity, stable market demand, and relatively high price volatility.
- Precious Metals: Raw materials and commodities traded in global markets, such as oil, natural gas, iron ore, soybeans, cotton, coffee, corn, and others. These commodities are typically used in production and consumption, with prices influenced by market supply and demand, political factors, natural disasters, and other factors.
- Indices: Index trading, also known as stock index trading, involves selecting a representative group of stocks to measure their performance or value within a particular stock exchange or category. The value of an index is calculated as a weighted average of the prices of its component stocks.
- Currency Pairs: A basic concept in the forex market, referring to the exchange rate between two currencies. The traded products in the forex market are these currency pairs, with traders buying one currency and selling another to execute trades.
Trading Software
The broker provides users with a proprietary trading platform—ATFX, available in both desktop and mobile versions. However, on its platform introduction page, it falsely claims to be MetaTrader 4, misleading investors, and all its mobile download links are non-functional.
Deposit and Withdrawal Methods
ATFX supports deposits and withdrawals through VISA, NETELLER, Skrill, bank transfers, among other methods.
Customer Support
ATFX does not maintain official accounts on major social media platforms like Facebook, Instagram, and Twitter. The platform also does not provide phone or email contact options; users can only receive direct and instant assistance through 24-hour online customer service. ATFX's main trading server is located in one of the world's most reliable data centers—NY4 in New York, as an independent physical server. This broker's Equinix NY4 fiber network connects to dozens of different top-tier liquidity providers through OneZero bridge.
Company Background
ATFX is a CFD trading platform established in 2024, registered in the UK, with entity information not disclosed on its official website.
According to Whois information, the domain name of atfxs.com was registered on October 29, 2024.
Based on publicly available information on atfxs.com, ATFX claims to have licenses from multiple regulatory bodies, including:
National Futures Association (NFA) (NFA ID: 0559240);
Australian Securities and Investment Commission (ASIC) (License Number: 296805);
Vanuatu Financial Services Commission (VFSC) (License Number: 700455);
UK Companies House (Company Number: 15172116)
Regulatory Information
Upon investigation, the National Futures Association (NFA) website does not list a registered entity with NFA ID 0559240. Company Number 15172116, according to the UK Companies House website, is registered as Y&C FINANCIAL INVESTMENT CO., LTD. Additionally, the ASIC website lists the License Number 296805 under DLS MARKETS (AUST) PTY LTD, not ATFX. Furthermore, the VFSC website does not associate License Number 700455 with ATFX, but with DLS MARKETS LIMITED.
Summary
ATFX (atfxs.com) is a CFD broker officially launched in October 2024, but the content of this site is entirely copied from the well-known broker ATFX (atfx.com), attempting to mislead investors.
Investing in CFDs and margin forex contracts carries significant risk and may not be suitable for all investors. It is advisable for investors to carefully assess the platform's credibility and their risk tolerance, avoid blindly pursuing high returns that could lead to financial losses, and ensure they fully understand the associated risks before trading.
