ATFX Broker Overview
ATFX is an FX and CFD brokerage group whose companies hold licences from regulators in nine jurisdictions. This review covers ATFX Connect (atfxconnect.com), the group's institutional business. It is run in the United Kingdom by AT Global Markets (UK) Limited, which the Financial Conduct Authority (FCA) authorises for professional clients and eligible counterparties only. ATFX Connect describes its service as prime of prime with full STP execution and offers three institutional accounts, its own ATFX Connect platform with FIX API access, and MetaTrader 4 through a third-party bridge, without publishing a minimum deposit, leverage or spreads.
ATFX Regulation and License
AT Global Markets (UK) Limited is authorised by the UK Financial Conduct Authority under firm reference number 760555. On 21 October 2026 the FCA register showed the firm as Authorised since 11 July 2017. Its permissions cover arranging deals in investments, dealing in investments as agent and as principal, and making arrangements with a view to transactions in investments. They apply to instruments that include contracts for differences, rolling spot forex contracts and spread bets. Each of those permissions is limited to professional clients and eligible counterparties, and no retail customer type appears.
Nine other ATFX companies hold licences of their own, each covering only the company that holds it, and each was listed on its regulator's register in the same check:
- ATFX Global Markets (CY) Ltd: Cyprus Securities and Exchange Commission (CySEC), Cyprus Investment Firm licence 285/15, for the reception, transmission and execution of client orders. This company runs ATFX's EU site, atfxgm.eu, and ATFX Connect EU, and CySEC lists atfxgm.eu, atfx.eu and the /en-eu/ section of atfxconnect.com as its approved domains.
- AT Global Markets (Australia) Pty Ltd: Australian Securities and Investments Commission (ASIC), Australian financial services licence 418036, listed as current, for general advice on, dealing in and making a market in derivatives and foreign exchange contracts for retail and wholesale clients.
- AT Global Financial Services (HK) Limited: Securities and Futures Commission (SFC), Hong Kong, CE number BUM667, licensed for leveraged foreign exchange trading since 22 July 2024 and limited to institutional professional investors.
- AT Global Markets SA (Pty) Ltd: Financial Sector Conduct Authority (FSCA), South Africa, financial services provider 44816, authorised under FAIS Category I and Category II (discretionary).
- AT Global Capital Markets Africa (Pty) Ltd: FSCA, financial services provider 55142, authorised as an intermediary only since 28 October 2025. ATFX describes it as an intermediary between South African clients and AT Global Markets Intl Ltd.
- AT Global Markets Intl Ltd: Financial Services Commission (FSC), Mauritius, licensed as an investment dealer (full service dealer, excluding underwriting) since 11 October 2018. The register does not print a licence number; C118023331 is the number ATFX's own site gives.
- AT Global Markets (SC) Limited: Financial Services Authority (FSA), Seychelles, listed as a securities dealer. The register gives no licence number; SD093 is the number ATFX's own site gives.
- ATFX (Cambodia) Company Limited: Securities and Exchange Regulator of Cambodia (SERC), listed as a derivative broker under licence 040.
- ATFX MENA Financial Services LLC: UAE Capital Market Authority (CMA), Category 5 licence 20200000078, for financial consultations and introduction only. The CMA states that the company is not licensed to deal in derivatives, unregulated commodity contracts or spot FX; ATFX's site names this regulator as the Securities and Commodities Authority (SCA).
Is ATFX Regulated?
Yes. AT Global Markets (UK) Limited, which runs ATFX Connect's UK site, is authorised by the FCA, but only for professional clients and eligible counterparties, and the site says ATFX Connect does not offer services to retail clients. Clients of ATFX's other sites contract with the company each site names and are covered only by that company's own licence, from CySEC and ASIC authorisations to the lighter offshore regimes of Mauritius and Seychelles.
AT Global Markets (UK) Limited
AT Global Markets (UK) Limited is the company behind ATFX Connect's UK site. UK Companies House lists it as registered in England and Wales under company number 09827091, incorporated on 16 October 2015, with its registered office at Leaf C, 35th Floor, Tower 42, 25 Old Broad Street, London EC2N 1HQ, as at WIKILIX's check on 21 October 2026. The FCA register gives its trading names as ATFX, ATFX Connect and ATFXGM, and Piper Rockfort Capital Limited as a previous name. The ATFX trade mark belongs to another group company, AT Global Markets Intl Ltd of Mauritius, and ATFX's footers also name AT Global Markets LLC, a Saint Vincent and the Grenadines company with number 333 LLC 2020, without naming a regulator for it.
Is ATFX Safe?
Whether ATFX Connect is safe for a client depends largely on how that client is classified, because the classification decides how its money is held. AT Global Markets (UK) Limited holds an elective professional client's money under the FCA Client Money Rules, without paying interest on it. Money that a per se professional client or an eligible counterparty pays in to cover margin passes to the firm by title transfer, outside those rules, so that client has no proprietary claim and ranks as a general creditor if the firm becomes insolvent. The firm may also set off balances across a client's accounts, including accounts held with associated ATFX firms.
Complaints go to the firm by email, and eligible complainants can refer them to the Financial Ombudsman Service. No compensation scheme is confirmed for ATFX Connect's professional clients. Elsewhere in the group, ATFX's EU retail site, run by ATFX Global Markets (CY) Ltd, advertises a compensation fund; Cyprus's Investor Compensation Fund covers eligible retail clients, up to 20,000 EUR in total per client for eligible claims, and never covers investment losses. For the group's other companies, including the offshore licensees in Mauritius and Seychelles, no compensation scheme is confirmed.
The FCA register also names nine clone entries that use this firm's details, under names including ATFX, AT-Markets and ATFX Global Markets. The genuine entry lists the website www.atfxconnect.com, so a website, email address or telephone number that does not match it should be checked against the register before any money is sent.
ATFX Account Types
ATFX Connect's UK site offers three institutional accounts and publishes no minimum deposit, leverage, spread or minimum trade size for any of them:
- Agency account: uses the firm's credit facilities to give clients that have their own prime broker direct market access to Tier 1 bank and non-bank liquidity in spot FX and gold, with no margin required and no commission.
- Margin account: for clients who post margin with ATFX, covering spot FX and precious metals, with commission at rates the site does not publish.
- Bridge account: for clients who post margin with ATFX, covering spot FX, precious metals and CFDs, with an MT4 bridge connection through One Zero. No commission is stated.
The site also lists CFDs on FX, non-deliverable forwards, precious metals, indices, stocks and commodities, naming gold, silver, Brent and crude oil, and spread betting on MT4 where regulation allows. The client terms limit spread bets to residents of the United Kingdom and Ireland.
ATFX Spreads, Commissions and Fees
ATFX Connect publishes no spreads. Prices come as tailored aggregated streams from Tier 1 bank and non-bank liquidity providers, which the Agency account offers in full-amount and sweep configurations from a bank pool and a non-bank pool. Beyond the account commissions above, the firm's own fees, including any that depend on the payment method, are set in Financial Terms that the site does not publish. The client also pays third-party bank transfer charges, and currency conversions may carry a mark-up.
ATFX Trading Platforms
The ATFX Connect platform is the firm's own institutional platform, reached through a desktop GUI, an HTML5 web trader, a FIX API or a bridge configuration, and offered as a white label. The site lists a P+L blotter, real-time exposure tracking, centralised margin across venues, an order management system with a price distribution hub, and its own price engine, and clients can also connect through technology hubs including One Zero and Lucera. MetaTrader 4 runs on the Bridge account through the third-party One Zero bridge, and the client terms say MetaQuotes, not the firm, provides the MT4 trading access. The UK site names no MetaTrader 5 build and no mobile app.
ATFX Deposits and Withdrawals
ATFX Connect's client terms name bank wire as the method for both deposits and withdrawals, in GBP, USD or EUR or another currency the firm specifies, and exclude cash and cheques unless agreed. The site publishes no processing time and no minimum or maximum amounts, and a payment counts as received only once the funds clear. Withdrawals are paid in the account's base currency, and the firm may withhold or refuse one where open positions show a loss, where it would take the balance below the margin requirement, where margin may be needed, where the client owes the firm or an associated firm, or while a dispute is unresolved.
ATFX Support
ATFX Connect's London office is at Tower 42, Leaf 35C, 25 Old Broad Street, London EC2N 1HQ. Clients can call 0800 279 6219 from the UK or +44 203 957 7777 internationally, email support@atfxconnect.com (sales enquiries go to institutionalsales.uk@atfx.com) or use the contact form on the site. The client terms define business hours as 9.00 to 18.00 UK time on London business days and set English as the language of communication, and the contact page lists out-of-hours lines for the dealing desk (+44 203 917 8705) and customer service (+852 3898 5900). Visitors from Europe are directed to ATFX Connect EU, run by ATFX Global Markets (CY) Ltd from Limassol, which lists its own contact details.
ATFX Pros and Cons
Pros
- A UK company authorised by the FCA under reference 760555, within a group whose companies hold licences in eight other jurisdictions.
- An Agency account with direct market access to Tier 1 bank and non-bank liquidity, no margin and no commission.
- A choice of desktop GUI, web trader, FIX API or an MT4 bridge.
- Client-money, payment and withdrawal rules set out in the published client terms.
- Out-of-hours dealing desk and customer service lines.
Cons
- Professional clients and eligible counterparties only, with no retail service on the UK site.
- No published minimum deposit, leverage, spreads or Margin account commission rate.
- Money from per se professional clients and eligible counterparties passes to the firm by title transfer, outside the Client Money Rules.
- Bank wire is the only payment method named, and the firm's fees sit in unpublished Financial Terms.
- No MetaTrader 5 build or mobile app on the UK site.
- Clone firms use the ATFX name, so contact details need checking against the FCA register.
ATFX Review and Assessment
ATFX Connect, the group's UK institutional business, offers prime-of-prime liquidity, its own platform, FIX API access and an MT4 bridge through AT Global Markets (UK) Limited. Its standing rests on an FCA authorisation confirmed on the register and limited to professional clients and eligible counterparties, while most of its commercial terms are unpublished. The most important step before funding an account is to confirm in writing the client classification, the client-money treatment that follows from it, and the commission and fee schedule that will apply.
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