ATFX Connect

What is ATFX Connect?

ATFX Connect is the institutional, business-to-business arm of ATFX Group, a multi-entity foreign exchange broker with its London hub launched in 2017. The unit operates under the legal name AT Global Markets (UK) Limited and trades from Tower 42, 25 Old Broad Street, London EC2N 1HQ.

The parent group reports more than 600 staff across 23 office locations spanning the United Kingdom, Cyprus, Australia, Hong Kong, the United Arab Emirates, and South Africa. ATFX Connect itself does not accept retail clients; the platform is built for banks, brokers, hedge funds, asset managers, family offices, and fintech firms that need wholesale liquidity.

The business model is a Prime of Prime (PoP) offering: the firm aggregates pricing from Tier 1 banks and non-bank liquidity providers, then distributes that price stream to professional clients who would otherwise lack direct prime-broker access. In June 2025 the group disclosed Standard Chartered Bank as a second FX prime broker, expanding the existing credit lines behind the price feed.

Which regulators license ATFX Connect?

ATFX Connect operates through three regulated entities. The London hub, AT Global Markets (UK) Limited, is authorised by the FCA (UK Financial Conduct Authority) under FRN 760555, with the entry showing as active on the FCA Register at the time of this review.

The Australian arm trades as AT Global Markets (Australia) Pty Limited, authorised by ASIC (Australian Securities and Investments Commission) under AFSL 418036. The Hong Kong entity, AT Global Financial Services (HK) Limited, is licensed by the SFC (Securities and Futures Commission) under central entity number BJD143, covering Type 3 leveraged foreign-exchange trading.

Eligible UK professional clients of the FCA-licensed entity fall under the FSCS (Financial Services Compensation Scheme), which covers protected investment claims up to £85,000 per person per firm. Coverage scope depends on client categorisation; professional and eligible-counterparty clients are treated differently from retail clients under FCA rules.

Trading platforms

Three connectivity routes are offered. The proprietary ConnectX platform is the firm's own price-distribution and execution venue, designed for prime-of-prime clients that want a hosted GUI rather than a raw FIX feed.

The broker also supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5) for margin clients, with a bridge solution layered on top so liquidity flows from the same aggregated pool. For institutions running their own order-management system, a direct FIX API (Financial Information eXchange Application Programming Interface) connection is available, alongside third-party gateways from oneZero, Pelican, Lucera, and Your Bourse.

Account types

The account ladder is institutional. There is no Standard or Cent retail account. Available structures include direct margin accounts for proprietary trading firms, Agency Prime Brokerage accounts for clients that maintain their own prime-broker relationship, and full give-up arrangements for institutions wanting credit intermediation only.

Onboarding is documentation-heavy. Each client undergoes professional or eligible-counterparty classification under FCA rules, with KYC, AML, and credit assessment performed before pricing access is granted. The official site does not publish a minimum account size; commercial terms are negotiated case by case and depend on expected monthly volume and counterparty risk profile.

Tradeable instruments

Instrument coverage is concentrated on the wholesale FX market. Major and minor currency pairs are supported alongside spot precious metals (gold and silver) and a curated selection of global indices and energy contracts. The exact catalogue is not enumerated on the public site; institutional clients receive the symbol list once a connectivity session is established.

Cryptocurrencies and individual single-stock CFDs are NOT marketed as core ATFX Connect products; those live inside the retail-facing ATFX brand rather than the institutional unit. This separation is structural: the wholesale liquidity pool is built around the bank-FX market and metals, not retail-style multi-asset CFDs.

Spread and commission structure

Pricing is delivered in two execution modes. Sweepable liquidity streams firm bid and ask prices that can be hit or lifted up to a defined size, while full-amount liquidity streams a single price level for the entire requested quantity. Both modes draw from the same Tier 1 bank and non-bank pool.

Spread starts effectively at 0.0 pip on the deepest EUR/USD tier during liquid hours, with a commission charged per million notional traded. Commission rates are tiered by monthly volume and are not posted publicly; the firm publishes only that pricing is "competitive at every layer of the book," with concrete numbers shared during onboarding.

Leverage and margin requirements

Leverage on the FCA entity follows UK professional-client rules rather than retail caps. Retail traders inside the UK face a maximum of 1:30 on major FX pairs under FCA conduct rules, but ATFX Connect does not serve retail; professional clients negotiate leverage and initial margin against their credit line.

Margin is calculated dynamically based on instrument volatility, counterparty risk score, and approved credit. Cross-margining across FX and metals is available within the same account, and the firm provides automated margin call and close-out notifications via the chosen connectivity route. Specific stop-out levels are documented inside the bilateral trading agreement signed at onboarding.

Deposit and withdrawal methods

Funding is exclusively by bank wire. Retail payment rails such as cards, e-wallets, or crypto deposits are not offered, which is standard for prime-of-prime accounts where balances are typically settled in segregated client-money accounts at top-tier banks under FCA CASS (Client Assets Sourcebook) rules.

The official site does not publish standard processing windows, since timelines depend on the receiving bank, the settlement currency (USD, EUR, GBP, JPY are supported), and SWIFT cut-off times. Same-day or next-business-day execution is typical for major-currency wires submitted before mid-morning London cut-offs.

Customer support

Coverage runs 24 hours during the trading week, aligned with the FX market open in Sydney on Monday morning through the New York close on Friday evening. Dedicated relationship managers are assigned at the institutional tier; questions on credit, margin, and routing are handled directly rather than through a ticketing queue.

Support reaches clients in English from the London desk, with regional desks in Hong Kong, Sydney, and Limassol providing local-language coverage during the relevant trading session. The official site does not publish a generic retail-style live-chat widget; institutional contact happens by email, phone, and instant-message channels (Bloomberg IB, Symphony) preferred by the wholesale FX market.

Fees beyond the spread

Two cost layers sit beyond the headline spread. The first is the per-million commission attached to ECN pricing; the second is an overnight financing charge (swap) on positions held past 17:00 New York time, calculated from the underlying interbank tom-next rate plus a markup that depends on credit tier.

The firm does not advertise inactivity fees or platform-licence fees, which is typical of the institutional model where revenue flows from volume rather than dormant balances. Withdrawal fees from the bank side (correspondent-bank charges on SWIFT wires) are passed through and are NOT absorbed by the broker.

Educational resources and analysis tools

Educational content on the ATFX Connect site is sparse compared with retail brokers, by design. The institutional audience does not need beginner forex tutorials; instead the firm publishes white papers on liquidity construction, prime-of-prime model comparisons, and event coverage from industry conferences such as iFX Expo Dubai, where the firm was a Diamond Sponsor in 2025.

Trading analytics are delivered through partner technology rather than in-house dashboards. Post-trade analysis, fill-quality reporting, and last-look statistics are available via the connected aggregation engine (oneZero, Your Bourse, or Lucera depending on client setup), giving each client measurable execution-quality data on every fill.

Who is ATFX Connect best for?

The firm fits institutions that already understand FX market structure: brokers needing aggregated bank liquidity without a direct prime-broker relationship, hedge funds that want firm pricing on size, and proprietary trading firms that prefer FIX API access over a retail GUI. Three regulators (FCA, ASIC, SFC) cover the operating entities, putting the firm above offshore-only prime-of-prime competitors.

The trade-off is access. Retail traders cannot open an account, minimum credit thresholds are not advertised publicly, and full execution-quality data sits behind the onboarding wall. The firm is also smaller than the largest prime-of-prime houses, so concentration risk on a single liquidity venue is something each client weighs against the multi-jurisdiction regulatory footprint.

Forex and derivative products carry high leverage; some or all invested capital may be lost. This content is for information only, not investment advice. Verify the broker's current regulation status with the relevant authority's official site before any investment decision.