ATFX, a renowned retail forex and contracts for differences (CFDs) broker, has gained a Type 3 license in Hong Kong, strengthening its operations in Asia. The permit allows the firm to offer leveraged foreign exchange trading to the region’s investors.
ATFX New License
The license issued to AT Global Financial Services Limited allows the company to provide services to the region’s institutional and professional investors.
According to the firm’s Chairman, Joe Li, the new permit shows its commitment to the highest regulatory measures and strengthens its commitment to its clients in Hong Kong. It also confirms the company’s determination to offer its institutional and professional customers a secure and trusted environment.
The broker also highlighted its intention to strengthen its cooperation in Hong Kong and improve its global presence. It aims to enhance service quality and market competitiveness.
Li added that they intend to expand their presence and serve their esteemed Hong Kong clients with the outstanding services they expect from the firm.
ATFX Heavy Regulations
ATFX holds regulatory authorizations from various jurisdictions worldwide, including Australia, Cyprus, Mauritius, Seychelles, South Africa, the United Kingdom, and the United Arab Emirates.
In 2023, the UK-regulated AT Global Markets Limited—operating the ATFX Connect brand—had a turnover of over £6.18 million from £3.16 million in 2022, indicating a 95.8% rise. The net income rose by 64.8% to £1.38 million.
The ATFX Connect brand serves high-net-worth and institutional clients only.
