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FBK MARKETS , ATFX Broker Comparison

Do you want to know which is the better broker between FBK MARKETS and ATFX ?

In the table below, you can compare the features of FBK MARKETS , ATFX side by side to determine the best fit for your needs.

  • Rating
  • Basic Information
  • Trading Env.
  • Account Info
  • Related News
  • Rating
  • Basic Information
  • Trading Env.
  • Account Info
  • Related News
 2 forex brokers comparison in total
Rating
Score
Regulatory Status
WikiFX Guarantee
WikiFX Survey
Risk Evaluation
Exposure
Official Website
Basic Information
Est. Date (years)
Regulatory License
MT4
MT5
Crypto
Deposit/Withdrawal Methods
Trading Env.
Trading Environment Rating
Execution Speed
Trading Speed Rating
Average Execution Speed (ms)
Minimum Execution Latency (ms)
Minimum Open Latency (ms)
Minimum Close Latency (ms)
Maximum Execution Latency (ms)
Maximum Open Latency (ms)
Maximum Close Latency (ms)
Slippage
Slippage Rating
Average Slippage
Max Slippage
Maximum Positive Slippage
Maximum Negative Slippage
Trading Cost
Trading Cost Rating
  • Average Trading Cost (USD/Lot)
Swap
Swap Rating
  • Average Swap Cost (USD/Lot)
Disconnection Instances
Disconnection Rating
Avg. Disconnection Frequency (/day)
Avg. Reconnection Time (ms)
Account Info
Account Name
Trading Instruments
Minimum Deposit
Maximum Leverage
Typical Spread
Stop-Out Level
Spread Types
Minimum Trade Size
Crypto
Lock Position
Scalping
EA Trading
1.73
Unverified
Not Guaranteed
--
5-10 years
FSCA
Not Supported
Not Supported
Ozow,Mastercard and Visa,Skrill
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--

--

--

--
--
--
--
--
--
--
R100
$0-$1000 - 1:1000 $1001-$2000 - 1:500 $2001-$5000 - 1:300 $5001-$10000 - 1:200 $10001-$Unlimited - 1:100
--
--
--
0.01
--
9.21
Regulated
Not Guaranteed
--
--
10-15 years
ASIC,SFC,FCA,CYSEC,SERC,FSCA,FSA
Supported
Supported
MASTER,Bank transfer,Skrill,Neteller,VISA,PerfectMoney
D
C
578.1
128
208
128
1906
1266
1906
D
--
1
--
1
A

EURUSD:13.5

XAUUSD:16.85

A

EURUSD: -7.49 ~ 2.46

XAUUSD: -55.92 ~ 30.73

AA
0.2
97.8
--
$50
1:400
from 0.0
--
--
--
--
Score
Regulatory Status
Unverified
Regulated

FBK MARKETS 、 ATFX BrokerRelated News

Which broker is more reliable?

To evaluate a broker's reliability and trustworthiness, consider the following four factors:

1.Forex broker introduction。

2.Do fbk-markets and atfx have lower transaction costs?

3.Which broker is safer?

4.Which broker offers the best trading platform?

Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:

Forex broker introduction

fbk-markets
FBK MarketsReview Summary
Founded2020
Registered Country/RegionSouth Africa
RegulationSuspicious FSCA License
Market InstrumentsIndices, Commodities, Bonds, Forex
Demo Account/
Leverage1:100 to 1:1000
SpreadAs low as 0
Trading PlatformMT4
Min DepositR20
Customer SupportEmail: support@fbkmarkets.com
Phone: +27877029234, +27870927813
Contact Form
Live Chat
Social Media: Twitter, WhatsApp, Instagram
Company Address: 400 16th Road, Corner 16th and New Road, Randjespark, Midrand, 1685
Regional RestrictionUnited States

FBK Markets Information

FBK Markets is an unregulated broker incorporated in South Africa. It's a marketplace for forex trading. Traders on this platform get access to the MetaTrader 4 as well as market instruments including forex, indices, commodities, and bonds. With a low minimum deposit of R120 and low spreads, FBK Markets enables traders to access significant market positions even with a smaller initial investment. Though FBK Markets does not provide its service to US residents.

FBK Markets Information

Pros & Cons

ProsCons
Multiple Account TypesSuspicious Clone FSCA License
Flexible Leverage RateCommission Charged for Certain Accounts
Low Minimum Deposit RequirementsRegional Restriction
Multiple Contact Channels
MT4 available

Is FBK Markets Legit?

No. FBK Markets is not a regulated platform. Its FSCA license is suspected to be a fake clone.

Regulated CountryRegulated AuthorityRegulatory Status Regulated EntityLicense TypeLicense Number
Financial Sector Conduct AuthoritySuspicious CloneRCG MARKETS (PTY) LTDFinancial Service Corporate49769
Is FBK Markets Legit?
Is FBK Markets Legit?

What Can I Trade on FBK Markets?

This platform accerts to provide markets instruments includes indices, commodities, bonds, and forex.

Trading AssetAvailable
forex✔
Indices✔
bonds✔
commodities✔
metals❌
indices❌
energies❌
stocks /shares❌
cryptocurrencies❌
options❌
funds❌
ETFs❌
What Can I Trade on FBK Markets?

Account Types/Fees

FBK Markets offers a range of account types to cater to traders with different trading needs. The available account types include Standard, Zero Spread, Bonus 100, ECN, and Micro accounts, with different features such as spreads, commissions, and minimum deposit requirements. The base currencies available for all account types are ZAR, USD, and GBP.

Feature/Account TypeSTANDARDZERO SPREADBONUS 100ECNMICRO
Base CurrencyZAR, USD, GBPZAR, USD, GBPZAR, USD, GBPZAR, USD, GBPZAR, USD, GBP
SpreadAs Low as 0.5 Pip0As Low as 0.5 PipTight SpreadsAs Low as 0.5 Pip
Commission0$9 per Standard Lot0$4 per Standard Lot0
Minimum DepositR100R100R100R100R20
Leverage1:100 to 1:10001:100 to 1:10001:100 to 1:10001:100 to 1:10001:100 to 1:1000
Account Types/Fees

Leverage

FBK Markets provides flexible leverage options ranging from 1:100 to 1:1000, which allows traders to customize their risk exposure based on their trading strategy.

BalanceLeverage
$0 - $10001:1000
$1001 - $20001:500
$2001 - $50001:300
$5001 - $100001:200
$10001 - $ UNLIMITED1:100
Leverage

Trading Platform

Traders on FBK Markets get access to MetaTrader 4, which is available on multiple devices. MetaTrader 4 (MT4) is a popular electronic trading platform, mainly used for online forex trading. It's favored by retail traders for its intuitive interface, powerful charting tools, and automated trading features.

Trading PlatformSupported Available Devices Suitable for
MT5❌Desktop, Mobile, WebExperienced trader
MT4✔Desktop, Mobile, WebBeginner
Trading View❌Desktop, Mobile, Tablets, WebBeginner
Trading Platform

Deposit and Withdrawal

FBK Markets accepts a variety of ways to deposit and withdraw clients' money, including Ozow, Skrill, Mastercard, and Visa.

However, they still charge money for deposits and withdrawals. To be noted, they do not specify the exact cost amount on the website, but FBK Markets claims to reserve the right to impose deposit and withdrawal fees as well as limits in their system at any given time.

Deposit Options Min. Deposit Fees Processing Time
OzowR100/Instant
Mastercard and VisaR100/Instant
SkrillR100/Instant
Deposit and Withdrawal
atfx
Quick ATFX Review Summary
Company NameAT Global Markets (UK) Limited
Founded2014
HeadquartersLondon, UK
Regulated ByFCA (UK), ASIC (AU), SFC (HK), CySEC (CY), FSCA (ZA), SERC (KH), FSA (SC), CMA (AE), FSC (MU)
Tradable AssetsForex, precious metals, commodities, stocks, ETFs, share, energies, indices, cryptocurrencies
Demo Account✅ ($50,000 demo money)
Account TypeStandard, Demo
Min Deposit$50
LeverageUp to 500:1
SpreadFrom 0.5 pips
Trading PlatformMT4 and MT5
Payment MethodsVISA / Mastercard / Skrill / Neteller / Perfect Money / Bank Wire
Deposit & Withdrawal Fees✅
Inactivity Fee$10/month will be deducted from the account balance after 6 months of inactivity.
Customer SupportMon – Fri 08:00 – 18:00 GMT+2, GMT+3 during Daylight Saving Time
Live chat
Email:cs.gm@atfx.com

ATFX Information

ATFX is a global online forex and CFD broker established in 2014, offering trading on various markets including forex, precious metals, commodities, stocks, ETFs, share, energies, indices, cryptocurrencies. The broker also offers Standard accounts. Besides, the demo account is also provided. Regarding trading platform offerings, MetaTrader 4 (MT4) and MT5 are supported.

ATFX's homepage

Pros & Cons

On the positive side, ATFX is a well-regulated broker and offers forced liquidation at a 30% margin level 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.

ProsCons
  • Operates under a strong regulatory frame
  • Limited deposit and withdrawal methods
  • Offers forced liquidation at a 30% margin level
  • Deposit and withdrawal fees charged
  • Various trading instruments
  • $10/month will be deducted from the account balance after 6 months of inactivity
  • Demo accounts available
  • Competitive spreads
  • User-friendly trading platforms MT4 and MT5

Is ATFX Legit?

Yes. ATFX operates under the oversight of multiple authoritative regulatory bodies across key financial jurisdictions, ensuring transparency, client protection, and operational integrity. Its regulatory portfolio spans global hubs (e.g., UK, Cyprus) and strategic regions (e.g., Seychelles, UAE), reflecting a commitment to compliance with diverse market standards.

Market Instruments

ATFX supports trading on CFDs: Precious Metals, Commodities, Stocks, ETFs, Share, Energies, Forex, Indices, Cryptocurrencies.

Asset ClassSupported
ForexYes
Precious MetalsYes
CommoditiesYes
StocksYes
ETFsYes
ShareYes
EnergiesYes
IndicesYes
CryptocurrenciesYes
BondsNo
OptionsNo
FuturesNo

Account Type

ATFX offers a dual trading ecosystem comprising its Demo Trading Account and Standard Trading Account, designed to cater to traders at every stage of their journey—from learning to live execution.

The Demo Trading Account serves as a risk-free entry point, providing a real-time simulated environment with a $50,000 virtual balance. Ideal for novices or those refining strategies, it mirrors live market conditions across MT4 (desktop, mobile, or web), enabling users to practice trading forex, indices, and commodities; test and optimize strategies; build discipline; and master platform navigation (e.g., chart analysis, order execution) without exposing real capital. It eliminates the pressure of financial risk while fostering confidence and familiarity with trading mechanics.

For traders ready to transition to live markets, ATFXs Standard Trading Account delivers a seamless bridge to real-money trading. Linked directly to MT4, this all-in-one account supports diverse instruments (forex pairs, equity indices, commodities) with competitive spreads, minimizing transaction costs. It empowers users to manage funds (deposits/withdrawals), monitor balances, and execute trades or automated strategies, combining essential functionality with accessibility.

Account Type

Leverage

ATFX offers 500:1 leverage depending on the type of trading account and financial instrument.

Non-Trading Fees

Aside from trading fees, ATFX also charges non-trading fees that traders should be aware of.

Deposit Fee✔
Withdrawal Fee✔
Inactivity Fee$10/month will be deducted from the account balance after 6 months of inactivity.

Trading Platform

ATFX supports a range of trading platforms and tools tailored to diverse trader needs. MT4® (desktop, web, mobile/tablet) offers flexible trading with 30+ technical indicators and customizable charts, while MT5® expands multi-asset trading capabilities across forex, indices, commodities, stocks, ETFs, energies, and cryptocurrencies with advanced charting and professional execution features.

For strategy replication, ATFX CopyTrade (web-based) enables users to follow and mirror top traders in real time, making it suitable for both beginners and experienced traders. Integrated into MT4/MT5 and the ATFX web platform, Trading Central provides actionable insights with real-time signals and market research across a wide range of instruments.

In addition, the ATFX Support & Resistance Indicator (MT4 & MT5) helps traders identify key price levels directly on charts, supporting more informed technical decision-making across different trading strategies.

Trading Platform

Deposit & Withdrawal

ATFX offers a diverse range of payment and withdrawal methods to ensure convenience and security for its clients. The supported payment systems include:

  • VISA: A widely recognized global payment network for credit and debit cards.
  • Mastercard: Another leading global payment system, facilitating secure transactions via credit and debit cards.
  • Neteller: A digital payment platform enabling fast and secure e-wallet transactions.
  • Skrill: A popular e-wallet service that allows quick transfers and manages digital finances.
  • Perfect Money: A financial service designed for efficient online money transfers and transactions.
  • Bank Transfer: Direct banking solutions for sending or receiving funds through traditional banking channels.

These methods are supported by efficient, automated processes and undergo strict audits to guarantee the safety of users funds, ensuring a reliable and seamless experience for all payment and withdrawal needs.

Deposit & Withdrawal

Customer Support

ATFX customer support can be connected through the following channels:

Live chat, contact form

Email: cs.gm@atfx.com

Headquarters: 1st Floor, 32 Cornhill, London EC3V 3SG, United Kingdom

FAQs

What is the minimum deposit requirement for ATFX?

$50 is required to start real trading.

What trading platforms does ATFX offer?

ATFX offers the popular MetaTrader 4 and MetaTrader 5.

Does ATFX offer demo accounts?

Yes. ATFX offers demo accounts with up to $50,000 demo money.

Do fbk-markets and atfx have lower transaction costs?

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 fbk-markets and atfx are, we first considered common fees for standard accounts. On fbk-markets, the average spread for the EUR/USD currency pair is -- pips, while on atfx the spread is from 0.0.

Which broker between fbk-markets, atfx is safer?

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.

fbk-markets is regulated by FSCA. atfx is regulated by ASIC,SFC,FCA,CYSEC,SERC,FSCA,FSA.

Which broker between fbk-markets, atfx provides better trading platform?

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.

fbk-markets provides the ZERO SPREAD, MICRO,ECN, Standard ,BONUS 100 platform with products like --; atfx offers the Raw Pro,Edge,Raw,Standard platform featuring assets including --.

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