ATFX

The CySEC, ASIC, SFC, FSCA, FSC Mauritius and FSA Seychelles licences and the FCA authorisation were confirmed on the registers. The Terms of Business linked from the English international site are those of AT Global Markets LLC, a St Vincent company with no financial licence, which does not appear on ATFX’s own list of licensed companies.

• StrengthATFX Global Markets (CY) Ltd holds CySEC licence 285/15, issued 17 December 2015, and AT Global Markets (Australia) Pty Ltd has held Australian financial services licence 418036 since 2 May 2012. The SFC licensed AT Global Financial Services (HK) Limited for leveraged foreign exchange trading on 22 July 2024.
• StrengthThe FSC Mauritius has licensed AT Global Markets Intl Ltd as an investment dealer since 11 October 2018, the FSA Seychelles lists AT Global Markets (SC) Limited as a securities dealer, and the FSCA lists AT Global Markets SA (Pty) Ltd as authorised (FSP 44816).
• HighThe Standard Terms of Business linked from atfx.com/en are “a legal agreement between you ... and AT Global Markets LLC”, a company incorporated in St Vincent and the Grenadines and governed by its law. No financial licence is stated for this company.
• ObservationAT Global Markets (UK) Limited has been authorised by the FCA since 11 July 2017, but its audited accounts state that its permissions cover dealing with or for eligible counterparties and professional customers only. ATFX MENA Financial Services LLC is listed by the UAE Capital Market Authority for financial consultations and introduction only.

The group is privately held. The audited consolidated accounts of AT Global Markets (UK) Limited name its parent, AT Capital Group Limited of the Cayman Islands, and its ultimate controlling party, Mr H Li, and Companies House records Hiu Keung Li as holding 75% or more of the UK company. No group-wide accounts were found.

• StrengthAT Global Markets (UK) Limited’s consolidated accounts for the year to 31 October 2024, filed on 22 October 2025 with an unmodified audit opinion, state: “The parent company undertaking of the Group is AT Capital Group Limited, a company incorporated in Cayman Islands ... The ultimate controlling party of the Group is Mr. H Li.”
• ObservationThe UK accounts cover the UK company and its Hong Kong subsidiary only. The Cayman parent does not prepare consolidated accounts, and no accounts were found for the Mauritius, Seychelles or St Vincent companies.

EU clients of the Cyprus company are covered by the Investor Compensation Fund, with segregated accounts and negative balance protection. International clients of AT Global Markets LLC deal with a company no financial regulator supervises; its terms promise to keep retail client money separate, but not professional clients’ money, and leave negative balance relief to its discretion.

• StrengthATFX states that ATFX Global Markets (CY) Ltd provides negative balance protection as standard, Investor Compensation Fund cover and segregated accounts.
• HighClients of AT Global Markets LLC have no compensation scheme and no regulator oversees the company’s handling of their money. Its terms say retail client money “will be maintained separately from the Firm’s funds”, but for professional clients “funds transferred to the Firm will not be kept in a segregated account” and their claims rank with general creditors on insolvency.
• MediumUnder the LLC’s terms, a client with a negative balance must ask the company to forgo it, and the outcome is “based on its sole and absolute discretion”.

Not assessed in a desk audit. Spreads, slippage and fill quality can only be measured with live accounts.

No enforcement action against ATFX companies was found in the last eight years, in the Ontario tribunal, Brazil’s CVM sanctions data, CySEC decisions, the FCA and SFC registers, ASIC’s releases or the FSCA enforcement list. Warnings found using the ATFX name concern clones.

• StrengthNo fine, settlement, sanctions case or licence action was found against ATFX companies since October 2018. The FCA register shows no disciplinary history, and the SFC register lists no public disciplinary action.
• ObservationThe FCA, ASIC and New Zealand’s FMA have published warnings about clone firms and impostors using the ATFX name. These concern unconnected parties and are not scored.

Not assessed in a desk audit. Uptime, incident history and security controls require evidence from the firm or live monitoring.

No Great Place to Work certification was found. ATFX sponsors the Duke of Edinburgh Cup, a charity golf series supporting young people.

• ObservationNo Great Place to Work certification was found in public sources.
• ObservationATFX describes its partnership with the Duke of Edinburgh Cup, run by International Golf for Youth, as support for an established charity, and lists qualifying events from 2024 to 2026. This is a contribution linked to a sponsorship. Its sponsorship of the Argentine Football Association is commercial and is not counted.