Trading Disclosure

This document provides information about how ATX operates its trading platform, pricing mechanisms, and risks associated with derivatives trading. Please read before using the service.

1. ATX Operating Model

ATX primarily operates using the Market Maker model — ATX acts as a direct liquidity counterparty for the majority of trades on the platform. In some cases, orders may be matched with limit orders from other users when there is suitable liquidity (Exchange Matching). These are the two most common models in the industry, widely adopted by global derivatives trading platforms.

Model	How it works on ATX
Exchange Matching	In some cases, your orders are matched with limit orders from other users when there is suitable liquidity on the order book
Market Maker	Primary model — ATX acts as a direct liquidity counterparty for the majority of trades, ensuring orders are filled instantly regardless of market conditions

Why is the Market Maker model popular globally?

The Market Maker model is used by most major derivatives brokers worldwide such as IG Group, CMC Markets, and Plus500. The key advantage is instant liquidity — your orders are always filled immediately without waiting for a counterparty. When there are limit orders from other users on the order book, orders may be matched there instead of through the Market Maker.

2. Pricing and Liquidation

Prices on ATX are determined based on price feeds from the world's largest exchanges.

Price Type	Definition and Usage
Mark Price	Calculated from the average of best bid and best ask on ATX's order book (sourced from Binance, OKX). Used to calculate unrealized PnL and determine liquidation thresholds.
Last Price	Actual trading price on ATX — typically tracks Mark Price closely.

Automatic Liquidation

The system automatically closes positions when the account's margin ratio falls below the minimum threshold. The estimated liquidation price is displayed on the interface before you confirm an order.

Example

Margin: 100 USDT  |  Leverage: 20x  |  Position Value: 2,000 USDT

When price moves against you by approximately 4.5–5%, the margin ratio hits the minimum threshold and the position is automatically closed.

The specific liquidation price is displayed directly on the order confirmation screen.

Liquidation Insurance Fund

When liquidation occurs during highly volatile market conditions, the closing price may be worse than the expected liquidation price, causing your wallet balance to go negative. In such cases, the system automatically compensates the negative amount from the exchange's insurance fund, bringing your balance back to 0. This applies to both Cross Margin and Isolated Margin.

3. Leverage and Risk Management

Leverage allows you to control a position larger than your actual capital. This amplifies both potential profits and risk proportionally.

Leverage	Max price movement before liquidation
5x	Approx. 18%
10x	Approx. 9%
20x	Approx. 4.5%
50x	Approx. 1.8%
100x	Approx. 0.9%

These values are calculated based on Isolated Margin mode. At ATX, liquidation is triggered when ROE reaches -90%.

Capital Management Note

High leverage is suitable for short-term strategies with tight risk management.

ATX recommends new users start with low leverage and increase gradually as they gain experience.

4. User Asset Protection

ATX maintains industry-standard measures to protect user assets:

User assets are stored through ATX's cold and hot wallet system and liquidity partners such as Binance and OKX

The system records complete deposit, withdrawal, and transaction history with timestamps

Withdrawal processing follows standard timelines — user funds are not held arbitrarily

5. Introducing Broker System

ATX partners with a network of Introducing Brokers (IB) to expand user reach. Here's what you need to know if referred through an IB channel:

IBs are independent partners operating under contract with ATX

IBs are authorized to introduce ATX products based on approved official materials

IBs cannot guarantee specific profits or trading outcomes

ATX is not responsible for IB statements outside the scope of approved materials

Note When Working with Brokers

If you receive information from an IB that differs from ATX's official materials, please verify with ATX support before making decisions.

Report IB violations: ATX support channel

6. Rights and Dispute Resolution

ATX is committed to handling all complaints transparently and promptly:

Process	Details
Submit Complaint	Email: [email protected] or through in-app support
Initial Response Time	Within 24 business hours
Resolution Time	Up to 7 business days for standard complaints
Complex Complaints	ATX will provide progress updates and expected resolution timeline

7. Recommendations Before Trading

ATX recommends users consider the following before getting started:

Only use capital appropriate for your personal financial situation

Understand how the product works before trading with large amounts

Use risk management tools like Stop Loss to control maximum losses

Refer to guides and demo accounts available on the platform