ATFX Fees Spreads and Commission varies according to the account type that the trader is using. ATFX offers a Maximum Leverage of 1:400 but traders can also expect leverage of 1:100 and 1:200.
ATFX at a glance
| Brokers NAME | ATFX | |||||||||||||||||
| ? Headquartered | London, United Kingdom | |||||||||||||||||
| ? Year Founded | 2017 | |||||||||||||||||
| ⚖️ Regulating Authorities | FCA, CySEC, FSC and FSA | |||||||||||||||||
| ? Countries not accepted for trade | United States, Canada, Democratic People’s Republic of Korea, and Iran | |||||||||||||||||
| ☪️ Islamic account (swap-free) | Yes | |||||||||||||||||
| ? Demo Account | Yes | |||||||||||||||||
| ? Institutional Accounts | Yes | |||||||||||||||||
| ? Managed Accounts | No | |||||||||||||||||
| ? Maximum Leverage | 1: 400 | |||||||||||||||||
| ? Minimum Deposit | $ 500/ R 8 508,32 | |||||||||||||||||
| ? Deposit Options | Credit card, Debit card, Skrill, Neteller Nganluong Perfect Money CashU, MPesa Bank Wire Transfer |
|||||||||||||||||
| ? Withdrawal Options | Bank Wire Transfer,MPesa,CashU,Perfect Money,Nganluong,Neteller,Skrill,Debit card,Credit card | |||||||||||||||||
| ? Platform Types | MetaTrader 4 | |||||||||||||||||
| ? OS Compatibility | PC, MacOS, web browsers, Linux, windows, Android, iOS | |||||||||||||||||
| ? Tradable Assets | Forex, Indices, Commodities, Cryptocurrencies and Shares | |||||||||||||||||
| ?? Languages supported on Website | English, Vietnamese, Malaysian, Spanish, Italian, German, Portuguese, Chinese (simplified), Chinese (traditional), Arabic, Thai, Korean | |||||||||||||||||
| ? Customer Support Languages | Multilingual | |||||||||||||||||
| ? Customer Service Hours | 24/5 | |||||||||||||||||
| ? Open an Account | ? Click Here |
Choose your quick section of our ATFX Fees Spreads and Commission below.
Our ATFX Fees Spreads and Commission Revealed:
ATFX Fees and Spreads
Here is our overview of the ATFX Fees Spreads and Commissions as well as the features that are offered, which could affect your trading.
ATFX Fees and Spreads
With ATFX, spreads start from 1.8 pips on the EUR/USD forex pair.
On the website, ATFX offers a spread list that is transparent and gives an indication of the spreads for some major forex pairs. It is as follows:
EUR/USD – from 1.8 pips
GBP/USD – from 2 pips
AUD/USD – from 2.5 pips
NZD/USD – from 2.5 pips
USD/JPY – from 2 pips
USD/CAD – from 2.5 pips
USD/CHF – from 2.2 pips
The broker offers maximum leverage of 1:400 but traders can also expect leverage of 1:100 and 1:200. However, what conditions, are not indicated on the website?
In addition, the advantage of trading with ATFX is that traders are not subjected to commission charges.
ATFX Additional Trading Fees
Overnight, or swap fees as usually charged by brokers when positions are held for longer than a trading day, especially when trading with financial instruments such as forex.
The only traders exempted from these fees are Muslim Traders who open an Islamic Account with the same features are the ATFX Standard Account.
There is no information available on whether there are additional fees charged on this account in the absence of swaps/interest.
ATFX does not charge any other additional fees, however, traders must ensure that they verify the possibility or existence of additional fees as conditions may have changed since the time of writing.
ATFX does not offer spread betting and thus spread betting fees do not apply.
ATFX Broker Fees
ATFX does not charge deposit fees or withdrawal fees and will cover all bank processing charges.
No deposit fees are charged by ATFX. The broker does, however, charge withdrawal fees of $5/R76,38 USD/EUR/GBP if withdrawals are less than $100/R1526 USD/EUR/GBP. Traders should take note that they may also be subjected to processing fees depending on the financial institution they use.
The broker does not charge currency conversion fees or inactivity fees, but traders are advised to verify this with the broker before registering for a live trading account.
Pros and Cons
| ✔️ Pros | ❌ Cons | |||
| Competitive trading conditions | Not much information on trading and no-trading fees | |||
| Islamic Account/Swap-free provided for Muslim traders | One a Standard Account offered | |||
| No commissions charged | ||||
| No deposit fees charged | ||||
| Offers a variety of trading instruments | ||||
| Withdrawal fees only charged for withdrawals less than 100 USD/EUR/GBP |
Conclusion
ATFX Fees Spreads and Commission varies according to the account type that the trader is using. ATFX spread list starts from 1.8 pips.
You might also like: ATFX Review
You might also like: ATFX Account Types Overview
You might also like: ATFX Demo Account – Step by Step
You might also like: ATFX Islamic Account Overview
You might also like: ATFX Minimum Deposit
You might also like: ATFX Sign up Bonus
Frequently Asked Questions
Which platforms are supported by ATFX?
MetaTrader 4.
Does ATFX offer leverage?
Yes. Leverage of up to 1: 400 is offered.
What spreads can I expect with ATFX?
You can expect spreads that start from 1.8 pips on EUR/USD.
Does ATFX charge commission?
No ATFX offers commission-free trading.
Is ATFX a recommended forex trading broker for experts and beginners?
Yes. ATFX caters to both beginners and expert traders.
Featured SA Shares Writer and Forex Analyst.
Discussion about this post