ATFX goes all in on US equities: FX broker adds 113 US stock CFDs

Rick Steves

With the addition of 113 US stock CFDs, ATFX boasts more than  300 tradable instruments, 273 of which are stock CFD products.

ATFX has launched 113 US stock CFDs in line with customer’s demands and market trends, with the new CFD products being available to its global clientele.

The expanded product offering now includes hot Chinese companies such as XPeng Motors and Tencent Music, which are listed in the US, along with 11 French stock CFDs.

ATFX is regulated by FCA, CySEC, FSC, and FSA

With the addition of 113 US stock CFDs, ATFX boasts more than  300 tradable instruments, 273 of which are stock CFD products.

The FX and CFD broker has a global presence and is regulated by the UK’s Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC) in Cyprus, the Financial Services Commission (FSC) in Mauritius, and the Financial Services Authority (FSA) in Saint Vincent and the Grenadines.

Catering to all traders across the globe, ATFX offers customer support in more than 15 languages and its range of products includes forex, precious metals, energy, indices, and shares traded as CFDs.

ATFX Connect brings liquidity to institutional players

ATFX Connect, the institutional arm of the broker, has been a very active subsidiary of the brokerage group. It was launched in 2019 to provide an efficient automated trading venue that delivers liquidity solutions to Hedge Funds, Asset Managers, Brokers, Private Banks, and other financial institutions.

The broker experienced such success within the institutional arena that it has decided to ditch its retail operation in the UK to sharpen its focus as it plans to develop an in-house aggregator and bridge this year.

The broker intends to grow its market share across established jurisdictions in Europe including the UK, the Middle East, South East Asia, and Latin America.

ATFX Connect has recently partnered with oneZero Financial Systems to enhance its liquidity offering for Spot FX, Precious Metals, and CFD products.

The institutional arm has also partnered with Centroid Solutions to use real-time analytical tools to monitor liquidity flow and other areas of potential risk.

In late July, the FCA-regulated institutional brokerage released its financial results for the full year ending October 31, 2020, which featured mixed performance across a number of key metrics, ranging from profit to revenues.

ATFX UK saw its operating revenue grow to £3.0 million in FY 2020, up from £2.23 million a year ago, or 35 percent higher year-over-year.

Despite revealing a significant increase in turnover for the period, the broker is still closing out the year at a loss. Specifically, the firm reported a net loss of £766,416 for 2020, nearly doubled when compared to a net loss of £383,861 in the previous year.

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