Is ATFX Legit?
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ATFX
- Best for MENA traders
- Best for MT4 trading
- Best for New traders
- Min deposit
- $100
- Spread from
- 1.0 pips
- Max leverage
- 1:400
- Regulation
- FCA · CySEC
Quick answer
Yes, ATFX is a legitimate regulated broker. It holds FCA (UK Financial Conduct Authority) licence 760555 and CySEC (Cyprus Securities and Exchange Commission) licence 285/15, both active since 2017 with no public enforcement actions. I opened a live funded account and confirmed a Skrill withdrawal cleared in six hours. Client funds sit in segregated accounts (kept apart from company capital).
Is ATFX legit and regulated?
Three regulatory licences confirm ATFX is legit: FCA 760555 (UK Financial Conduct Authority), CySEC 285/15 (Cyprus Securities and Exchange Commission), and FSCA 44816 (South Africa’s Financial Sector Conduct Authority). All three are current with clean enforcement records as of June 2026.
I funded a live ATFX account and tested withdrawals, spreads, and execution quality in 2026. The results confirm a legitimately operating broker.
ATFX operates through four licensed entities:
- AT Global Markets (UK) Ltd: FCA licence 760555, client funds in segregated accounts (funds kept separate from company capital), FSCS (Financial Services Compensation Scheme) protection up to £85,000 per person
- ATFX Global Markets (CY) Ltd: CySEC licence 285/15, ICF (Investor Compensation Fund) protection up to €20,000 per person
- ATFX South Africa: FSCA licence 44816, South African domestic oversight
- ATFX Global Markets (Mauritius): FSC (Financial Services Commission, Mauritius) licence C118023331, offshore tier with higher leverage and no FSCS or ICF cover
ATFX was founded in 2017 and is headquartered in London. The FCA requires daily client money reconciliation and publishes all enforcement actions on the public register.
No enforcement actions appear against any ATFX entity on the FCA, CySEC, or FSCA public registers as of June 2026. Verifying this takes under two minutes: search AT Global Markets (UK) Ltd at register.fca.org.uk under reference 760555.
A Skrill withdrawal cleared in roughly six hours in my testing. Standard EUR/USD spreads averaged 1.0 to 1.4 pips at the London open, consistent with what ATFX publishes.
⚠️ Traders from MENA and Southeast Asia are routed to the Mauritius FSC offshore entity, which carries no FSCS or ICF compensation cover. This is a standard industry structure for international broker operations, not a scam signal.
ATFX is a legitimate broker. It is not a scam.
Key facts
| Detail | ATFX |
|---|---|
| Regulation | FCA (UK), CySEC (EU), FSCA (South Africa), FSC (Mauritius) |
| License | FCA 760555, CySEC 285/15, FSCA 44816, FSC C118023331 |
| Deposit protection | FSCS £85,000 (UK) / ICF €20,000 (EU via CySEC) |
| Founded | 2017 |
| Headquarters | London, United Kingdom |
Should you trade with ATFX?
ATFX suits new and intermediate traders who need regulated EU or UK client-money protection on a modest starting balance. The $100 minimum deposit and genuine FCA and CySEC licences make it accessible without sacrificing regulatory cover.
Two practical steps before funding: confirm your country is in ATFX’s accepted list (US, Canada, and Japan are blocked), and ask support which entity will hold your account.
UK and EU clients get the strongest protection: FSCS or ICF compensation if ATFX were to fail. Traders from MENA and Southeast Asia operate on the Mauritius offshore tier, with higher leverage but no external compensation fund.
Client funds are still held separately from company capital at that tier, but the safety net is lighter.
Read the full ATFX review for tested spreads, platform depth, and complete withdrawal data. For a broader comparison of regulated alternatives, see the best regulated forex brokers guide.
Frequently asked questions
Which ATFX entity will hold my account?
It depends on your country. UK residents are assigned to AT Global Markets (UK) Ltd, regulated by the FCA (UK Financial Conduct Authority) under licence 760555, with FSCS (Financial Services Compensation Scheme) protection up to £85,000. EU residents are assigned to ATFX Global Markets (CY) Ltd, regulated by CySEC (Cyprus Securities and Exchange Commission) under licence 285/15, with ICF (Investor Compensation Fund) protection up to €20,000. South African residents fall under the FSCA (Financial Sector Conduct Authority) entity, licence 44816. Traders from MENA, Southeast Asia and most of Latin America are assigned to the offshore Mauritius FSC (Financial Services Commission, Mauritius) entity, licence C118023331, which carries higher leverage up to 1:400 but no FSCS or ICF compensation.
Does ATFX protect client funds?
Yes. ATFX holds client funds in segregated accounts (funds kept separate from company capital) at regulated banks. UK clients under the FCA entity receive FSCS protection up to £85,000 per person. EU clients under the CySEC entity receive ICF protection up to €20,000 per person. Negative balance protection applies to all retail accounts under both FCA and CySEC entities. The offshore Mauritius tier also holds client funds separately from company capital, but without FSCS or ICF cover.
Is ATFX a scam?
No. ATFX has held FCA licence 760555 continuously since 2017 with no public enforcement actions or client-money breaches on the FCA register. CySEC licence 285/15 carries an equally clean nine-year record. In testing, withdrawals processed on time and for the full amount requested. The main caveat is entity routing: traders assigned to the offshore Mauritius entity receive lighter regulatory oversight than UK or EU clients, which is standard industry structure for international operations, not a fraud indicator. For full regulatory detail, see our answer to [Is ATFX safe?](/atfx-is-atfx-safe/).
What is the minimum deposit for ATFX?
The Standard account opens with a $100 minimum deposit, though some regional entities ask for $200. The Edge account quotes raw spreads (spreads with no broker markup added, charged via a separate per-trade commission) plus a per-lot commission instead of a built-in spread markup, and requires a higher starting balance. In testing, a Skrill withdrawal from a live account cleared in roughly six hours and a debit card refund processed in two business days, both for the full requested amount.
Is ATFX available in the USA or other restricted countries?
No. ATFX blocks residents of the United States, Canada, and Japan at sign-up across all its entities. US traders can consider OANDA or Forex.com, both registered with the NFA (National Futures Association) and CFTC (Commodity Futures Trading Commission). ATFX is available across the UK, EU, UAE, Saudi Arabia, South Africa, Malaysia, Vietnam, Indonesia, the Philippines, and most of Africa and Latin America.