ATFX Commission or Brokerage Charges – Review, Plans, FAQs & more

Find out all details about ATFX Commission on Brokerage Charges here.

ATFX is one of the brokers which is also used by AT group which is a global financial group and they provide Forex and CFD trading services.

ATFX is regulated by FCA or Financial conduct authority based out of the United Kingdom.

They provide extensive features that many other brokers provide but the special thing about ATFX is that they don’t charge huge commission fees, unlike other brokerage firms.

In this article, we will review ATFX brokerage, fees and also you will get to know about the commission plans they have.

Above all, you will get to know more about the Investment assets that they provide throughout the article

The ATFX trading account opening process is also described in this article. Let us take a look at the ATFX commission in detail.

ATFX Commission or Brokerage Charges

ATFX has low trading fees and the fee structures vary depending on the level of account and type of commission plan you are using.

Some plans have no commission charges but the spread in these plans is a bit high.

ATFX has low CFD fees as well when compared to other brokers in the market.

ATFX offers the CFD facility for more than 40 currency pairs and has more than 85 assets for traders. They provide 15 international indices as well.

There are various types of commission plans that are being provided by ATFX and each of them is different in order of commission charge, leverage, and Spread. In total there are 3 types of commission plans that ATFX provides.

They don’t have any charges for the Deposit of funds to your account, however, you might get charged during the withdrawal process.

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Types of ATFX Commission Plans

ATFX has three types of commission plans which are standard account type, Edge account type, and premium account type.

Let us take a look at the ATFX commission plans in detail.

The standard type commission plan

The ATFX standard commission plan type is for beginners where you can start with a minimum investment of $500.

The minimum spread ATFX offers on this type of account is that of 1.0 pips on the USD/EUR currency pair.

The standard account type has no commission charges and is a free trading account. The leverage provided by ATFX on this type is that of 1:30.

Edge type commission plan

The Edge type commission plan offers better features than the standard commission plan type. The minimum spread offered is 0.6 pips on USD/EUR.

The Edge type commission plan is also a commission-free type plan and does not charge any brokerage for delivering trades.

The leverage provided by ATFX on this type of account is 1:30.

Apart from these features, this account type has additional features such as Virtual Private Server, one on one trading sessions, quarterly catch-ups, and much more.

Here you need a minimum deposit of $5000 to start trading

The premium type commission plan

The premium commission plan type offered by ATFX requires you to deposit a minimum of $10,000 to start trading efficiently.

The spread here starts from 0.0 pips but then there are commission charges in this type.

They charge $25 per MIO per side upfront commission charges.

Since this commission plan has commission charges hence the leverage here is 1:500 for offshore companies and 1:30 for regulated companies.

You will also get features such as Virtual Private Server, one on one trading sessions, and quarterly catch-ups when you sign up for this commission plan.

ATFX Account Opening Process

ATFX has a fully digital and straightforward account opening process.

There are 5 steps for account opening in ATFX. Let us take a look at these five steps.

Application form

The very first step is to visit ATFX official website and click on Signup/Register.

Thereupon you will be presented with the application form.

Fill in all your details on the application form as required. Once you fill up all the details and mandatory fields, click on “Next” to proceed. This process takes 15- 20 minutes

Identity Verification

The Next step is EKYC verification or identity verification.

Here they will ask you to upload document proofs such as Driving License or Government ID proof, Utility bill, and bank passbook to authenticate and validate the information you filled in the application form.

This process takes one day to get verified.

Information about your financial situation

They will next ask you questions to better understand your financial situation and make a suitable account for you.

They can ask you about your income, assets, and spending trends.

Trading experience

Here you have to fill in the trading experience and they will find out your risk profile accordingly.

Trading knowledge

Here they will ask your questions to know more about your trading knowledge and it will be like an assessment as they don’t want you to lose your valuable money because you don’t have an idea about how to operate trades and shares.

Upon completion, you will be awarded a suitable account where you can deposit your funds and start trading.

ATFX Payment or Withdrawal Methods

ATFX has flexible options when it comes to Deposits and withdrawals. For withdrawals, they offer options like VISA, MasterCard, Neteller, Wire Transfers, Ngan Luong, and Skrill.

The Deposit options provided by ATFX are VISA, MasterCard, wire transfers, Neteller, Skrill, and Ngan Luong.

ATFX has no service charge policy when you deposit funds to your account and you can use all the latest payment methods like e-wallets however, there are no cryptocurrency options to date.

In case of withdrawal, if your withdrawal amount is equal to or greater than $100 or if you wish to transfer the entire amount that is in your trading account then you will not be charged by ATFX.

It, however, takes two business days for the withdrawal to get completed.

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ATFX Investment Assets

ATFX features various investment assets and allows their registered traders to trade on Forex, CFDs, commodities, currencies, and other crucial assets for investment.

They support multi-asset trading and which is rare among brokers as only a few brokers out there offer multi-asset trading like Forex Indices, stocks, and cryptocurrency.

ATFX offers more than 40 currency pairs for CFDs.

They have got more than 85 individual stock options and more than 15 International indices.

The ATFX is, however, planning to introduce assets like ETFs and Bonds in near future and thus it does not provide access to these assets for traders.

They provide dedicated managers for you but then these dedicated managers are available on the top plans.

ATFX Commission – Conclusion

ATFX is one of those brokers out there who offers 0$ commission plans without even hampering the trade safety, rules, and regulation.

The forex broker is regulated by FSC (Financial Securities Commission), CySEC (Cyprus Securities Exchange Commission), and FCA (Financial Conduct Authority) which makes it a trustworthy broker.

The broker has availability based on region and the features of it also keep on changing with the change in Geography.

They offer competitive leverage and spreads and as you go for a higher plan the spread and leverage get even better. However, with the top plans, you will have to pay them some commission fees.

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ATFX Charges or Fees – FAQs

Here is the list of FAQs related to the ATFX Brokerage Charges or Fees:

Does ATFX charge commission?

ATFX does not charge a commission fee for the low-tier commission plans.

There are various types of commission plans that are being provided by ATFX and each of them is different in order of commission charge, leverage, and Spread.

How much does ATFX charge brokerage?

They charge $25 per MIO per side upfront commission charges with the premium account type.

Since this commission plan has commission charges hence the leverage here is 1:500 for offshore companies and 1:30 for regulated companies.

What is the Minimum Deposit required in ATFX?

The minimum deposit required to start trading is $500 for the standard account type.

For the Edge accounts, the minimum investment is $5000 whereas for the premium account type the same is $10,000.

How much leverage does ATFX provide?

ATFX provides leverage up to 1:500 for offshore companies and 1:30 for regulated companies.

How much is spread at ATFX?

The spread offered here is variable for the different account types.

For standard account types, the spread is 1.0 pips.

For the Edge account type, the spread is 0.6 pips and for the premium account type, the spread is 0 pips.

What type of Commission Plans is available in ATFX?

ATFX provides 3 types of commission plans which are standard account type, Edge account type, and premium account type.

Does ATFX provide Cryptocurrency for Investment?

ATFX currently does not provide cryptocurrency for investments but they are planning to introduce cryptocurrency investments through their platform.

As of now, there are investment options for cryptocurrency.

Is ATFX a legit Forex Broker?

ATFX follows the trade safety rules and regulations.

ATFX is regulated by FSC (Financial Securities Commission), CySEC (Cyprus Securities Exchange Commission), and FCA (Financial Conduct Authority) which makes it a trustworthy broker.

Can I invest in ATFX for $5?

You can invest in ATFX with $5 but again you have to deposit a minimum of $500 to start trading

Are there any hidden charges available with ATFX?

There are no hidden charges with ATFX and all the charges mentioned on their official website are the sole charges that they levy from the traders.

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