No data
简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Do you want to know which is the better broker between ATFX and LIGHT FX ?
In the table below, you can compare the features of ATFX , LIGHT FX side by side to determine the best fit for your needs.
EURUSD:0.9
EURUSD:5.1
EURUSD:13.38
XAUUSD:27.12
EURUSD: -6.18 ~ 2.58
XAUUSD: -24 ~ 13.93
--
--
You can determine the reliability and credibility of a broker by checking four factors:
1.Forex broker introduction。
2.Are the transaction costs and expenses of atfx, lightfx lower?
3.Which broker is safer?
4.Which broker provides better trading platform?
Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:
ATFX | Basic Information |
Company Name | AT Global Markets (UK) Limited |
Founded | 2014 |
Headquarters | London, UK |
Regulated By | ASIC, SFC, FCA, CYSEC, SCA (general registration) |
Tradable Assets | Forex, precious metals, crude oil, indices |
Account Types | Standard, Edge, Premium |
Demo Account | ✔ |
Max. Leverage | 1:30 (retail traders)/1:400 (professional traders) |
EUR/USD Spread | 0.6 pips |
Trading Platforms | MT4, ATFX Mobile Trading App |
Minimum Deposit | $/€/£100 |
Payment Methods | VISA, MasterCard, Skrill, Neteller, Bank Transfer, Trustly |
Education & Analysis | Webinars, articles, daily market outlooks, technical analysis tools |
Customer Support | Live chat, contact form |
Phone: +357 25 258 774 | |
Email: info@atfxgm.eu |
ATFX is a global online forex and CFD broker established in 2014, offering trading on various markets including forex, precious metals, crude oil, and indices. The broker also offers several account types, including the Standard Account, Edge Account, and Premium Account, targeting different trading groups, with $100 to start. Besides, the demo account is also provided. Regarding trading platform offerings, MetaTrader 4 (MT4) supported and its proprietary trading app - ATFX Mobile Trading App are offered.
On the positive side, ATFX is a well-regulated broker and offers negative balance protection to protect security of clients' funds. It also offers various trading instruments with competitive spreads via the industry-leading MT4 platform. You can also test their trading conditions via risk-free demo accounts.
Pros | Cons |
|
|
|
|
|
|
| |
| |
|
On the downside, ATFX has limited options for deposit and withdrawal methods, as it only accepts payments via bank transfers and credit/debit cards. Another disadvantage is that ATFX does not offer social trading or copy trading features, which may be important to some traders. Finally, ATFX has limited research and analysis tools compared to other brokers, which may be a concern for more advanced traders.
ATFX is a thoroughly regulated broker, boasting four licenses from esteemed global financial regulatory bodies.
These include a Market Making (MM) license (No. 418036) from the Australia Securities & Investment Commission (ASIC), an Institution Forex License (No. 760555) from the Financial Conduct Authority (FCA) in the United Kingdom, an STP license (No. 285/15) from the Cyprus Securities and Exchange Commission (CySEC), and a general registered Investment Advisory License (No. 20200000078) from the Securities and Commodities Authority (SCA) in the United Arab Emirates.
These multiple layers of regulation demonstrate ATFX's commitment to adhering to high financial standards, transparency, and the protection of investor interests.
Regulated Country | Regulated Authority | Regulated Entity | License Type | License Number |
ASIC | AT GLOBAL MARKETS (AUSTRALIA) PTY LTD | Market Making (MM) | 418036 | |
SFC | AT Global Financial Services (HK) Limited | Leveraged foreign exchange trading | BUM667 | |
FCA | AT Global Markets (UK) Limited | Institution Forex License | 760555 | |
CYSEC | ATFX Global Markets (Cy) Limited | Straight Through Processing (STP) | 285/15 | |
SCA | Investment Advisory License | Investment Advisory License | 20200000078 |
ATFX supports trading on forex, precious metals, crude oil, and indices. However, in contrast to other brokers, ATFX does not enable shares, cryptocurrencies, ETFs, futures or options trading, and their product choices are somewhat limited.
Tradable Assets | Supported |
Forex | ✅ |
Indices | ✅ |
Commodities | ✅ |
Shares | ❌ |
Cryptocurrencies | ❌ |
ETFs | ❌ |
Futures | ❌ |
Options | ❌ |
ATFX understands that every trader has their own trading style, preferences, and needs, and that's why it offers flexible trading account options. Whether you're a beginner or an experienced trader, there is an account type that is suitable for you.
The Standard Account is a basic account type that is suitable for beginner traders who are just starting in the forex market. It requires a minimum deposit of $100.
The Edge Account is a more advanced account type that is suitable for traders who have some experience in the forex market. It requires a minimum deposit of $5,000.
The Premium Account is the most advanced account type offered by ATFX, designed for professional traders who require advanced trading features and tools. It requires a minimum deposit of $10,000. This account type offers free VPS hosting, market analysis, a personal account manager, and access to exclusive trading tools, such as Autochartist and Trading Central.
ATFX offers demo trading accounts to its clients, allowing them to practice and familiarize themselves with the trading platform and strategies before committing real funds. Demo accounts are available for all account types, including Standard, Edge, and Premium accounts. These accounts simulate real market conditions, providing traders with the opportunity to test their trading skills and strategies without any financial risks.
The demo accounts are also an excellent tool for beginners who are new to trading as it enables them to learn the basics of trading without the fear of losing money. The demo accounts offer the same features as live accounts, including access to all trading instruments and educational resources, enabling traders to experience the real trading environment.
ATFX's demo accounts have no time limit, giving traders ample time to perfect their trading strategies and techniques. Moreover, traders can switch between the demo and live accounts anytime they want.
ATFX offers varying levels of leverage depending on the type of trading account and financial instrument.
For forex trading, the maximum leverage available for retail clients is typically 30:1 for major currency pairs and 20:1 for minor and exotic currency pairs. Professional clients may have access to higher leverage, up to a maximum of 400:1, depending on their trading experience and other criteria.
Notably, while leverage can amplify potential profits, it also magnifies potential losses, so it's crucial to use leverage responsibly and only trade with funds you can afford to lose. Additionally, different regulations may apply in different regions and countries, which could impact the maximum leverage available to traders.
ATFX offers competitive spreads and commissions on its trading accounts, which vary depending on the type of account and trading instrument.
For forex trading, ATFX offers both fixed and variable spreads, depending on the account type. The spreads for major currency pairs on the standard account start from 1.0 pip, while the spreads on the Edge account start from 0.0 pips but come with a commission of $7 per lot traded.
Aside from trading fees, ATFX also charges non-trading fees that traders should be aware of, including:
ATFX currently provides the MetaTrader 4 (MT4) platform for its traders, which is a widely used platform among forex traders. It offers advanced charting tools, technical analysis indicators, and automated trading options through Expert Advisors (EAs).
While some traders may prefer other trading platforms, the MT4 platform is a robust and reliable option with a large community of users and third-party developers creating and sharing custom indicators and EAs.
In addition to the MT4 platform, ATFX also provides the Mobile Trading App, allowing traders to trade on the go.
ATFX's minimum deposit requirement of $100 makes it an accessible option for traders who are just starting out or those who prefer to trade in smaller amounts. The following payment methods are available for deposits:
How to withdraw money from my trading account?
Please note: Your bank account must be fully verified before submitting a withdrawal request.
The time it takes for funds to return to a trader's bank account will depend on the withdrawal method used.
For bank transfers, once the funds have been removed from the trading account, it will take 3-5 business days before they arrive in the trader's bank account. The actual time required for processing may vary, and traders should refer to their bank for more information.
If using an e-wallet, funds will typically be returned to the trader's e-wallet within 2 business days.
For refunds to credit/debit cards, the process typically takes 2-5 business days after the withdrawal has been successfully processed. However, if there are restrictions preventing funds from being returned to the card, ATFX may request a valid bank statement and return the funds to the trader's registered bank account. In such cases, the trader will be contacted by their relationship manager.
All withdrawal requests received before 2 pm (UK time) on a business day will be processed on the same day. Requests received after this time will be processed on the next available business day.
ATFX customer support can be connected through the following channels:
ATFX offers rich and solid educational resources to help traders improve their skills and knowledge.
One of the primary educational resources available through ATFX is their comprehensive online trading academy. This academy provides traders with a variety of resources, including webinars, videos, articles, and e-books, all designed to help traders learn the fundamentals of trading and improve their strategies. The academy covers a range of topics, from basic concepts such as market analysis and risk management to more advanced topics like trading psychology and algorithmic trading.
ATFX also provides traders with access to a variety of market analysis tools and resources. These include daily market analysis reports, economic calendars, and real-time news feeds, all of which can help traders stay informed about the latest market trends and make more informed trading decisions.
Is ATFX a regulated broker?
Yes. It is regulated by ASIC, SFC, FCA, CYSEC, and SCA (general registration).
What is the minimum deposit requirement for ATFX?
$100 is required to start real trading.
What trading platforms does ATFX offer?
ATFX offers the popular MetaTrader 4 (MT4) trading platform for desktop, web, and mobile devices.
Does ATFX offer demo accounts?
Yes.
Is ATFX suitable for beginner traders?
Yes. ATFX offers a range of educational resources, including an online trading academy and tailored courses, to help beginner traders develop their knowledge and skills.
Company Name | Light FX |
Registered In | Japan |
Regulation Status | Regulated by the Financial Service Agency of Japan |
Years of Establishment | 15-20 years |
Trading Instruments | Around 20 currency pairs including major pairs |
Account Types | Not specified |
Minimum Initial Deposit | No minimum deposit requirement |
Maximum Leverage | Up to 1:25 |
Trading Platform | LIGHT FX app, Advanced Trader, Simple Trader |
Deposit and Withdrawal | Direct deposit, wire transfer from bank counters or ATMs |
Customer Service | Telephone support and contact form |
Light FX, a Japan-based forex broker, boasts a solid regulatory foundation as it operates under the supervision of the Financial Service Agency of Japan. With a track record spanning 15-20 years, Light FX offers traders access to around 20 currency pairs, including major ones, facilitating diverse trading opportunities. While specific account types remain unspecified, the broker stands out with its welcoming no minimum deposit requirement.
Leverage of up to 1:25 is available, albeit with due consideration of risk. Light FX provides traders with a choice of trading platforms, including the LIGHT FX app, Advanced Trader, and Simple Trader. Funding options encompass direct deposit and wire transfers from bank counters or ATMs, ensuring flexibility.
Given its regulation by the Financial Service Agency of Japan, LIGHT FX appears to be a legitimate and trustworthy broker.
Regulatory oversight is a fundamental factor in the forex industry, ensuring that traders' interests are protected, and trading practices adhere to industry standards. Nonetheless, it's always wise for traders to conduct their own due diligence and verify the broker's credentials.
Pros | Cons |
Regulatory Authorization | Limited Account Information |
Competitive Spreads | Weekend Support Absence |
Fee-Free Trading | Educational Resource Clarity |
Flexible Trading Platforms | |
Diverse Market Instruments |
Pros:
Regulatory Authorization: Light FX is regulated by the Financial Service Agency of Japan, providing traders with confidence in the broker's legitimacy and adherence to regulatory standards.
Competitive Spreads: The broker offers competitive spreads on major currency pairs, making it cost-effective for traders to engage in forex trading.
Fee-Free Trading: Light FX operates on a fee-free trading model, meaning traders can execute trades without incurring additional commission costs.
Flexible Trading Platforms: The broker provides a variety of trading platforms, including the LIGHT FX app, catering to traders of all experience levels. The inclusion of the “Trading View” tool enhances analysis capabilities.
Diverse Market Instruments: Light FX offers a selection of around 20 currency pairs, including major and minor pairs, allowing traders to diversify their trading portfolios.
Cons:
Limited Account Information: The available information does not provide details about the specific account types offered by Light FX. Traders may need to visit the official website or contact customer support for account-related details.
Weekend Support Absence: Customer support is not available on weekends, which may be inconvenient for traders who prefer weekend trading or have urgent inquiries during that time.
Educational Resource Clarity: While Light FX offers various educational resources and market information, the provided information lacks specific details about the educational materials available, requiring traders to seek further clarification.
Light FX offers traders access to around 20 currency pairs, encompassing both major and minor pairs.
This selection includes popular choices such as EUR/USD, USD/JPY, GBP/JPY, AUDJPY, and EURJPY, allowing traders to engage in a diverse range of forex trading opportunities.
Unfortunately, the available information does not provide details about the specific account types offered by Light FX. To gain a better understanding of the account options, it is recommended to visit the broker's official website or contact their customer support.
Different account types often come with varying features and benefits, catering to the diverse needs of traders, from beginners to advanced.
While the provided information does not outline the exact process for opening an account with Light FX, the standard procedure for most forex brokers typically involves the following steps:
Registration: Visit the broker's website and initiate the account registration process. You will be required to provide personal information and create login credentials.
Verification: Complete identity verification by submitting the necessary documents, which usually include a valid ID, proof of address, and possibly financial information.
Deposit: Fund your trading account with the minimum required deposit or your chosen amount through the provided deposit methods.
Platform Access: After your account is verified and funded, you can access the trading platforms offered by Light FX and start trading.
Light FX offers competitive features related to leverage and spreads, which play a crucial role in the cost structure of trading:
Light FX provides leverage up to 1:25 for forex trading, in accordance with Japanese regulatory guidelines. Leverage allows traders to amplify their positions with a relatively smaller capital investment. However, it's important to note that higher leverage also involves increased risk, and traders should use it cautiously.
Spreads: The broker offers competitive spreads on major currency pairs. For instance, spreads for popular pairs like EUR/USD can be as low as 0.3 pips, while USD/JPY may have spreads as tight as 0.2 pips. GBP/JPY, AUD/JPY, and EUR/JPY also feature competitive spreads at 0.9 pips, 0.6 pips, and 0.4 pips, respectively. It's worth noting that spreads can vary depending on market conditions.
Commissions: The information provided does not mention any commission fees, suggesting that Light FX operates on a fee-free trading model. This can be advantageous for traders, as it means that you can execute trades without incurring additional commission costs.
Currency Pair | Spread (in pips) | Commission |
EUR/USD | 0.3 | None |
USD/JPY | 0.2 | None |
GBP/JPY | 0.9 | None |
AUD/JPY | 0.6 | None |
EUR/JPY | 0.4 | None |
Light FX offers a diverse range of trading platforms to cater to traders of all levels. The LIGHT FX app is a highly flexible and accessible platform with a user-friendly interface, making it suitable for traders on the go. It integrates the powerful “Trading View” tool for stress-free trade analysis, features intuitive navigation, and offers one-tap order placement. Traders can even execute chart orders while analyzing market data, ensuring a seamless and sophisticated trading experience.
For more experienced traders, the Advanced Trader platform provides extensive customization options. It also incorporates the “Trading View” tool for comprehensive chart analysis, allowing traders to arrange the trading screen to their liking and access abundant customization features. With a wealth of information tools and advanced chart analysis functions, Advanced Trader empowers traders to create a personalized trading environment that suits their unique needs.
In the case of direct deposit, Light FX offers traders a convenient and efficient way to fund their trading accounts. The 24-hour real-time reflection ensures that deposited funds are available for trading almost immediately, making it ideal for traders who want to seize opportunities in the forex market promptly. The fact that Light FX covers all transfer fees for deposits through this method further adds to its appeal, as it minimizes costs for traders.
For those who prefer wire transfers from bank counters or ATMs, Light FX accommodates this option as well. While this method incurs transfer fees, it offers an alternative for traders who may not have access to internet banking or prefer in-person transactions. The creation of a customer-specific margin deposit account for wire transfers streamlines the process, ensuring that the funds are directed to the appropriate trading account.
Light FX offers customer support through multiple channels to assist traders with their queries and concerns:
Telephone Support: Traders can reach the customer support team by phone at 0120 637 105. Support is available every day from 7:00 AM to 10:00 PM, excluding Saturdays and Sundays.
Contact Form: For written inquiries or support requests, traders can use the contact form provided on the broker's website. This offers a convenient way to seek assistance or information.
The availability of telephone support during extended hours on weekdays is a positive feature, ensuring that traders have access to assistance when they need it most. However, the absence of support on weekends may be a limitation for some traders who prefer weekend trading or have urgent inquiries during that time.
Light FX provides a comprehensive suite of educational resources and market information to empower traders. Their offerings include real-time exchange rates for all currency pairs, crypto asset rates, and exchange charts, allowing traders to stay up to date with market movements.
The economic indicators calendar aids in tracking important events, while the swap calendar helps traders understand swap points for currency pairs. The buy/sell ratio for LIGHT FX customers, currency strength/weakness through heatmaps, and TM sign for USD/JPY predictions using text mining technology offer valuable insights.
Traders can also utilize margin simulations, effective leverage calculations, and swap simulations to manage their risk and plan their trades effectively. Additionally, Light FX provides information on corporate account leverage and total customer swap receipts, enhancing traders' market awareness.
In conclusion, Light FX is a Japan-based forex broker that operates under the regulatory authority of the Financial Service Agency of Japan. It offers a range of currency pairs for trading and provides flexibility in deposit methods. While the broker offers competitive spreads and leverage options, there is limited information available regarding account types and educational resources.
Traders interested in Light FX should consider conducting further research and verifying specific details on the broker's official website. As with any financial endeavor, it's essential to trade responsibly and be aware of the potential risks associated with forex trading.
Q: Is Light FX a regulated forex broker?
A: Yes, Light FX is regulated by the Financial Service Agency of Japan, ensuring it meets regulatory standards.
Q: What currency pairs can I trade on Light FX?
A: Light FX offers approximately 20 currency pairs, including major pairs like EUR/USD, USD/JPY, and GBP/JPY.
Q: Does Light FX charge commissions for trading?
A: No, Light FX operates on a fee-free trading model, meaning there are no commission fees for trading.
Q: What is the maximum leverage offered by Light FX?
A: Light FX offers leverage up to 1:25 for forex trading, in compliance with Japanese regulations.
Q: How can I deposit funds into my Light FX trading account?
A: You can deposit funds through direct deposit or wire transfer from bank counters or ATMs, with direct deposit offering real-time reflection.
Q: What trading platforms does Light FX provide?
A: Light FX offers a range of trading platforms, including the LIGHT FX app, Advanced Trader, and Simple Trader, catering to traders of all levels.
Q: Are there educational resources available for traders on Light FX?
A: Yes, Light FX provides educational resources such as real-time market information, economic indicators calendars, and margin simulations to support traders in making informed decisions.
To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).
To get a comprehensive understanding of how cheap or expensive atfx and lightfx are, we first considered common fees for standard accounts. On atfx, the average spread for the EUR/USD currency pair is -- pips, while on lightfx the spread is --.
To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.
atfx is regulated by ASIC,SFC,FCA,CYSEC,SCA. lightfx is regulated by FSA.
When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.
atfx provides trading platform including -- and trading variety including --. lightfx provides trading platform including -- and trading variety including --.