Search

For more information about ATFX Connect Forex Broker company profile, come to WikiBit!

Rating Index

Pros

Online customer service support available in multiple languages
Bespoke liquidity services tailored for institutional clients
Regulated by the Financial Conduct Authority (FCA) in the UK

Cons

Regulatory status is unverified, raising potential concerns
Low WikiFX score indicating possible trust issues
Long waiting times for customer service responses

ATFX Connect Company

ATFX Connect Forex Broker - Complete Information Guide

1. Broker Overview

ATFX Connect, officially known as AT Global Markets (UK) Limited, was established in 2021. The broker is headquartered in London, United Kingdom, with its main office located at 1st Floor, 32 Cornhill, London EC3V 3SG. ATFX Connect operates as a private entity, catering primarily to institutional clients, including hedge funds, banks, asset managers, and other financial institutions.

The company has evolved significantly since its inception, marking its entry into the institutional trading sector with the launch of its multi-access platform, ATFX Connect. This initiative aimed to enhance the broker's global presence and provide tailored liquidity solutions to its clients.

The parent company, ATFX Group, has a strong reputation in the financial markets, having earned several awards for its services. ATFX Connect focuses on providing automated trading venues and bespoke liquidity solutions, distinguishing itself from traditional retail forex brokers.

The business model of ATFX Connect is centered on institutional services, offering direct market access to tier-1 banks and non-bank liquidity providers. This strategic focus allows the broker to deliver competitive pricing and efficient trading solutions to its clients.

2. Regulation and Compliance Information

ATFX Connect is regulated by the Financial Conduct Authority (FCA) in the UK, holding the registration number 760555. The regulatory framework ensures that the broker adheres to strict financial standards and provides a secure trading environment for its clients.

The broker's regulatory license is valid for a wide range of financial services, including forex and CFD trading. In addition to the FCA, ATFX Connect operates under various legal entities across different regions, including:

  • Cyprus: Regulated by the Cyprus Securities and Exchange Commission (CySEC), license number 285/15.
  • Mauritius: Regulated by the Financial Services Commission (FSC), license number C118023331.
  • Seychelles: Regulated by the Financial Services Authority (FSA), license number SD093.
  • South Africa: Regulated by the Financial Sector Conduct Authority (FSCA).

ATFX Connect implements a robust client fund protection policy, ensuring that client funds are kept in segregated accounts. This practice not only safeguards client assets but also complies with KYC (Know Your Customer) and AML (Anti-Money Laundering) regulations, ensuring that all trading activities are conducted transparently and securely.

3. Trading Products and Services

ATFX Connect offers a comprehensive range of trading products, primarily focusing on forex and CFDs. The broker supports 43 different currency pairs, including major, minor, and exotic pairs. In addition to forex trading, ATFX Connect provides access to various CFD products, such as:

  • Indices: Trading on major stock market indices from the US, Europe, and Asia.
  • Commodities: Including precious metals like gold and silver, as well as crude oil.
  • Stocks: CFDs on individual stocks from various global markets.
  • Cryptocurrencies: Limited availability of cryptocurrency CFDs, depending on the client's location.

The broker continually updates its product offerings, ensuring that clients have access to the latest market trends and trading opportunities. ATFX Connect also provides specialized services for institutional clients, such as tailored liquidity solutions and white-label offerings.

4. Trading Platforms and Technology

ATFX Connect supports the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, known for their user-friendly interfaces and advanced trading tools. Clients can access these platforms on various devices, including desktops, tablets, and smartphones.

In addition to MT4 and MT5, ATFX Connect has developed its proprietary trading platform, Trade Nexus, designed specifically for institutional clients. This platform facilitates real-time pricing and enhances trading efficiency through automated processes.

The broker offers a web-based trading platform that does not require any software installation, allowing for seamless trading across all browsers. Mobile applications for both iOS and Android devices are also available, enabling traders to manage their accounts and execute trades on the go.

ATFX Connect operates on a Straight Through Processing (STP) model, ensuring fast and efficient order execution. The broker's infrastructure is supported by advanced technology, providing clients with low-latency connections and reliable trading experiences.

5. Account Types and Trading Conditions

ATFX Connect offers several account types tailored to meet the needs of institutional traders. The primary account types include:

  • Agency Account: Designed for clients with existing prime broker relationships, offering direct market access without margin requirements or commission fees.
  • Margin Account: Tailored for institutional clients seeking liquidity, this account provides access to tier-1 banks and non-bank providers, also without margin requirements or commissions.
  • Bridge Account: Suitable for clients wishing to post margin, this account supports trading in spot FX, precious metals, and CFDs.

The broker's trading conditions are competitive, with leverage options available up to 1:400 for professional clients. ATFX Connect also provides a demo account feature, allowing traders to practice their strategies without risking real capital.

6. Funds Management

ATFX Connect supports various deposit methods, including bank transfers, credit/debit cards, and e-wallets. The minimum deposit requirement varies by account type, with specific conditions outlined for each.

Deposits are generally processed quickly, with most methods allowing for instant transactions. ATFX Connect does not charge any fees for deposits or withdrawals, ensuring that clients can manage their funds without incurring additional costs.

Withdrawal requests are typically processed within one working day, although clients should be aware of potential delays depending on the payment method used. The broker maintains a transparent fee structure, ensuring that clients are informed of any applicable charges.

7. Customer Support and Educational Resources

ATFX Connect provides customer support through multiple channels, including telephone, email, and live chat. The support team is available during business hours and can assist clients in various languages.

The broker also offers a range of educational resources, including webinars and market analysis services. These resources are designed to help traders enhance their skills and make informed decisions in the financial markets.

Market analysis services include daily updates, research reports, and insights into trading strategies, providing clients with valuable information to support their trading activities.

8. Regional Coverage and Restrictions

ATFX Connect primarily serves institutional clients in various regions, including Europe, Asia, and the Middle East. The broker has established a presence in several countries, allowing it to cater to a diverse client base.

However, ATFX Connect does not accept clients from certain jurisdictions, including the United States, Canada, and several other countries due to regulatory restrictions. Clients are encouraged to verify the availability of services in their respective regions before engaging with the broker.

In summary, ATFX Connect is a broker focused on providing tailored solutions for institutional clients, backed by strong regulatory compliance and a commitment to client satisfaction. With a range of trading products and advanced technology, ATFX Connect is well-positioned to support its clients in navigating the complex financial markets.