Last Updated: July 2026 | Reading Time: ~11 min
ATFX is a London-headquartered, ASIC-regulated multi-asset broker serving retail and institutional traders across more than 20 countries. With commission-free entry-tier accounts, tight ECN-style spreads via its Premium account, and full MetaTrader 4 / MetaTrader 5 coverage, ATFX has steadily built a reputation among cost-conscious CFD traders. But how does it really compare with UZFX — the ASIC-licensed, proprietary-platform broker built for simplicity? This independent review dissects regulation, account structure, pricing, platforms, support, and withdrawal reliability, then places ATFX side-by-side with UZFX so you can decide which broker fits your trading style.
ATFX at a Glance
| Category | Details |
|---|---|
| Founded | 2014 (as ATFX Global Markets) |
| Headquarters | London, United Kingdom |
| Regulators | ASIC (Australia), FCA (UK), CySEC (Cyprus), FSA (Seychelles) |
| Products | 80+ CFDs across forex, metals, indices, energies, crypto, share CFDs |
| Platforms | MetaTrader 4, MetaTrader 5, ATFX Trading App |
| Account Types | Standard, Premium (ECN), Islamic (swap-free) |
| EUR/USD Spread | From 1.0 pip (Standard), 0.5 pip (Premium) |
| Minimum Deposit | $100 (Standard), $500 (Premium) |
| Best For | Active traders who want MT4/MT5 with ECN-style execution |
1. Regulation and Investor Safety
ATFX operates through several regulated entities:
- FCA (United Kingdom) — AT Global Markets (UK) Limited (FRN 760459)
- ASIC (Australia) — AT Global Markets (Aus) Pty Ltd (AFSL 401343)
- CySEC (Cyprus) — ATFX Global Markets (Cy) Ltd
- FSA (Seychelles) — offshore entity for non-EU/non-UK clients
ASIC oversight is especially relevant for Australian clients and most APAC retail traders. ASIC-licensed brokers must keep client funds in segregated accounts at top-tier Australian banks, maintain minimum capital adequacy ratios, and submit to independent external audits.
Side-by-Side Regulation
| ATFX | UZFX | |
|---|---|---|
| Primary Tier-1 regulator | ASIC, FCA | ASIC |
| ASIC license number | AFSL 401343 | AFSL 001291473 |
| Segregated client funds | Yes (top-tier banks) | Yes |
| Investor compensation | UK FSCS up to £85,000 | No statutory scheme |
| Negative-balance protection | Yes (FCA and ASIC entities) | Yes |
Both brokers meet solid regulatory standards, but UZFX’s leaner single-jurisdiction structure means there’s no ambiguity about which entity protects your funds.
Verdict on Safety: ATFX’s multi-regulator footprint is a strength for traders who value choice of jurisdiction, while UZFX’s focused ASIC-only model delivers a cleaner guarantee of consistent protection. Either way, you should always verify ASIC credentials via the official ASIC Professional Register before funding an account.
2. Account Types and Trading Costs
ATFX Standard Account
- Minimum Deposit: $100
- Spread: From 1.0 pip on EUR/USD
- Commission: $0
- Execution: Market execution
- Best For: Beginners and casual traders
ATFX Premium (ECN-style) Account
- Minimum Deposit: $500
- Spread: From 0.5 pip on EUR/USD
- Commission: $3 per lot per side
- Execution: ECN / market-depth
- Best For: Scalpers and active day traders
ATFX Islamic Account
- Swap-free for clients of Muslim faith
- Same pricing structure as Standard
- Available under FCA, ASIC, CySEC entities
UZFX Standard Account
UZFX collapses everything into one transparent account:
- Minimum deposit: $10 (updated from $50 in July 2026)
- Zero commissions — spread-only pricing
- Spreads from 1.0 pip on major forex pairs
- 100+ trading instruments accessible immediately
- Standard lot, mini lot, micro lot all supported
While ATFX offers tighter raw spreads on Premium ($7 round-turn on a $100k lot after commission), the $500 entry bar is steep. UZFX’s $10 minimum and commission-free structure mean a $200 deposit already gives you full-size trading on the most liquid pairs.
3. Trading Platforms
MetaTrader 4 (MT4)
ATFX’s MT4 build delivers:
- 30+ built-in technical indicators
- Expert Advisor (EA) support
- One-click trading and micro-lot capability
- Desktop, web, and mobile versions
MetaTrader 5 (MT5)
- 38+ indicators and 44 analytical objects
- Native economic calendar
- Depth-of-market for ECN-style pricing
- Multi-asset (stocks, futures) in one account
ATFX Mobile App
A proprietary mobile app providing biometric login, push notifications, and watchlist sync — useful but not a replacement for full MetaTrader functionality.
UZFX Platform Ecosystem
UZFX does not use MetaTrader. Instead, it has built a complete proprietary suite:
- Web Terminal — Full-featured browser trading, no installation needed
- H5 Mobile — HTML5-based responsive mobile experience
- Native iOS and Android apps — Touch-optimised, push alerts
- Windows and Mac desktop clients — Native download with offline chart packs
The trade-off is intentional: brokers using MetaTrader often have to work around the platform’s 2005-era UI, while UZFX’s bespoke stack lets the broker deliver a faster, more cohesive experience. For traders who prefer MT4’s ecosystem of 3,000+ EAs and custom indicators, ATFX is the obvious choice. For traders who want a fast, modern, mobile-first interface, UZFX wins.
4. Spreads, Leverage, and Overnight Fees
Spreads Compared
| Broker | EUR/USD (typical) | XAU/USD | BTC/USD |
|---|---|---|---|
| ATFX Standard | 1.0 pip | ~25 cents | ~$15 |
| ATFX Premium | 0.5 pip + $6 round-turn | ~12 cents + commission | ~$5 + commission |
| UZFX Standard | 1.0 pip | ~25 cents | ~$15 |
For casual position trading, both brokers land on roughly the same all-in cost. For high-frequency scalping of EUR/USD, ATFX Premium is cheaper: 0.5 pip raw + $6 round-turn = roughly $11 per round lot, versus UZFX’s ~$10 spread-only cost on a 1.0-pip quote. Notably, UZFX’s zero-commission model makes position sizing simpler — you do not need to reverse-engineer a commission schedule to size a stop-loss.
Maximum Leverage
| ATFX | UZFX | |
|---|---|---|
| Forex majors | Up to 1:500 (FCA, ASIC capped at 1:30 for retail clients under ESMA-style rules) | Up to 1:500 |
| Metals | Up to 1:100 | Up to 1:100 |
| Indices | Up to 1:100 | Up to 1:100 |
| Crypto | 1:5 – 1:20 | 1:5 |
Important note: ASIC-regulated entities must limit retail leverage to 1:30 on FX majors under Australian leverage rules. Both brokers automatically apply this cap to retail Australian accounts. Professional-class clients may apply for higher leverage after passing an appropriateness test.
Overnight Swap / Financing
Both brokers charge standard overnight financing aligned to interbank tom-next rates. Specific swap values depend on the instrument and are published inside the respective trading terminals. Neither broker offers a no-swap crypto-position feature.
5. Available Markets
ATFX
- Forex: 40+ currency pairs across majors, minors, and exotics
- Indices: 15+ global indices — US30, NAS100, SPX500, UK100, GER40, JPN225, AUS200, HKG50
- Commodities: Gold, silver, crude oil, natural gas
- Cryptocurrencies: BTC, ETH, LTC, XRP (CFD only, no exchange)
- Share CFDs: 60+ US and Hong Kong stocks on the Premium tier
UZFX
- Forex: 26+ pairs — majors (EUR/USD, USD/JPY, GBP/USD), plus minors and exotics
- Precious metals: Gold, silver, plus platinum/palladium on selected tiers
- Energies: WTI Crude, Brent Crude, natural gas
- Indices: 7 major cash indices
- Crypto CFDs: BTC, ETH, LTC, XRP
- Share CFDs: A small curated basket of US tech names
ATFX has broader instrument depth if you trade niche equity CFDs or want more index coverage. UZFX is curated for the most actively traded CFDs — a sensible selection that avoids overwhelming newer traders with long lists of illiquid contracts.
6. Deposits and Withdrawals
ATFX Funding Channels
- Bank wire (no fee)
- Credit/debit cards (no fee)
- Skrill, Neteller, FasaPay, UnionPay
- Crypto funding via select partners
Processing time:
- Cards and e-wallets: same day
- Bank wire: 1–3 business days
UZFX Funding Channels
- Bank transfer (no fee)
- Visa / Mastercard (no fee)
- Select e-wallets
- USDT and BTC on selected corridors
Processing time:
- Cards and e-wallets: typically same business day
- Bank transfer: 1–2 business days
Both brokers absorb deposit fees; withdrawal fees may apply on bank wires below a threshold (typically waived above $100). Neither charges inactivity fees for the first 12 months.
7. Customer Support and Education
ATFX
- 24/5 multilingual support (English, Mandarin, Arabic, Vietnamese, Thai)
- Live chat, email, and phone
- Daily market analysis from in-house research team
- Webinars and trading courses via the ATFX Academy
- NFP preview videos each month
UZFX
- 24/5 multilingual support in 12 languages
- Live chat and email
- Tier-1 support with average response under 60 seconds on chat
- Built-in economic calendar on Web Terminal
- Educational content published on the MarketCFD review site, including our detailed forex trading beginner guide
ATFX vs UZFX: Side-by-Side Comparison
| Feature | ATFX | UZFX |
|---|---|---|
| Regulation | ASIC, FCA, CySEC, FSA | ASIC (AFSL 001291473) |
| Min Deposit | $100 (Standard) / $500 (Premium) | $10 |
| EUR/USD Spread | From 0.5 pip (Premium) / 1.0 pip (Standard) | From 1.0 pip |
| Commission | $0 Standard / $3 per side Premium | $0 |
| Account Types | 3 (Standard, Premium, Islamic) | 1 (Standard) |
| Platforms | MT4, MT5, Mobile App | Proprietary (Web, H5, iOS, Android, Windows, Mac) |
| Forex Pairs | 40+ | 26+ |
| Total Instruments | 80+ | 100+ |
| Demo Account | Yes (limited duration) | Yes — 60024310, $100,000 unlimited demo |
| Best For | Active traders who want MT4/MT5 + ECN execution | Beginners and simplicity-focused traders |
ATFX Pros and Cons
Pros ✅
- Tier-1 regulation across multiple jurisdictions
- Tight spreads on the Premium ECN-style account
- MetaTrader 4 and 5 support
- Wide range of payment methods including crypto funding
- Strong educational content via ATFX Academy
Cons ❌
- $500 minimum on the Premium ECN account is restrictive
- Standard account spreads are wider than UZFX on some cross pairs
- MetaTrader mobile apps can lag during volatile sessions
- Limited share-CFD coverage on the Standard tier
- International entity (FSA Seychelles) offers less protection than FCA/ASIC entities
Who Should Choose ATFX?
ATFX is a strong fit for traders who:
- Already use MetaTrader 4 or MetaTrader 5 with custom EAs
- Run high-frequency scalping strategies on EUR/USD and need an ECN-style execution model
- Want FCA regulation as a fallback for UK residence
- Can meet the $500 Premium minimum and prefer to pay a low commission for tighter raw spreads
UZFX may be a better fit if you:
- Are new to CFD trading and want one transparent account with no ECN math
- Want to start with just $10
- Prefer proprietary mobile-first apps over MetaTrader
- Value ASIC-only regulatory consistency
- Trade in any of the 12 supported languages on the same platform
For a wider broker comparison beyond ATFX and UZFX, see our best forex brokers in Asia 2026 guide.
Frequently Asked Questions (FAQ)
Is ATFX a regulated broker?
Yes. ATFX is regulated by ASIC (Australia, AFSL 401343), FCA (United Kingdom), CySEC (Cyprus), and FSA (Seychelles). ASIC-regulated clients enjoy segregated funds and negative-balance protection. Always verify the regulatory entity your account is opened under before funding.
What is the minimum deposit at ATFX?
The Standard account requires $100, while the Premium (ECN-style) account requires $500. UZFX requires only $10 across its single Standard account, making it more accessible for new traders.
Does ATFX support MetaTrader 5?
Yes. ATFX supports both MetaTrader 4 and MetaTrader 5 on desktop, web, and mobile. Both platforms are free for all account tiers, and EA support is enabled by default.
How do ATFX spreads compare with UZFX?
On the Standard account, ATFX and UZFX offer comparable EUR/USD spreads starting from 1.0 pip. On the Premium tier, ATFX tightens to 0.5 pip but adds a $3-per-side commission. UZFX charges no commission but quotes 1.0 pip spread-only — for casual traders, the all-in cost is similar.
Can I use a swap-free Islamic account with ATFX?
Yes. ATFX offers swap-free accounts to clients of Muslim faith, on both Standard and Premium tiers. The same pricing structure applies, with overnight financing replaced by a flat administrative fee where applicable.
Final Verdict
Overall Rating: 4/5 ⭐⭐⭐⭐
ATFX is a well-capitalised, multi-regulated broker with strong MT4/MT5 support and a high-quality Premium tier that competes with the best ECN brokers in the industry. The Standard account’s $100 minimum and educational resources make it accessible to beginners, while the Premium tier delivers raw-spread execution for advanced traders.
For traders who prefer a single-account, commission-free, ASIC-only broker with a modern proprietary platform, UZFX remains the more streamlined alternative. Its $10 entry point and 100+ instruments on a single account offer a cleaner path for new CFD traders.
ASIC Verification
Always verify a broker’s regulatory status before depositing. Use the ASIC Professional Register to confirm the licence number. UZFX holds AFSL 001291473, which is publicly verifiable through the ASIC portal.
Risk Warning: Trading CFDs carries significant risk. You may lose more than your initial investment. Leverage works against you as well as for you. Past performance is not indicative of future results. Only trade with capital you can afford to lose, and seek independent financial advice if necessary.