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Our top alternative brokers to ATFX
XM
4.3
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75.55% of retail CFD accounts lose money
ETX Capital
4.2
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78% of retail CFD accounts lose money
Our top alternative brokers to ATFX
XM
4.3
Find out more
75.55% of retail CFD accounts lose money
ETX Capital
4.2
Find out more
78% of retail CFD accounts lose money
ATFX Alternatives

The best alternatives to ATFX are

  1. XM - Global CFD and forex broker
  2. ETX Capital - Global CFD and forex broker
  3. XTB - Global CFD and forex broker

Let's see in a bit more detail how the ATFX alternatives compare to ATFX and each other:

ATFX alternatives comparison
ATFX XM ETX Capital XTB
Overall score 4.4 4.3 4.2 4.7
Fees score 4.7 stars 3.8 stars 2.4 stars 4.1 stars
Account opening score 5.0 stars 5.0 stars 5.0 stars 5.0 stars
Deposit and withdrawal score 4.5 stars 5.0 stars 4.5 stars 4.5 stars
Web platform score 2.8 stars 2.8 stars 4.0 stars 4.4 stars
Markets and products score 1.5 stars 2.5 stars 1.8 stars 2.8 stars
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75.12% of retail CFD accounts lose money
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75.55% of retail CFD accounts lose money
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78% of retail CFD accounts lose money
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79% of retail CFD accounts lose money

Why are these brokers considered good alternatives to ATFX? There are many areas based on which ATFX can be compared with others. When we say a given online broker is a good alternative to ATFX we mean these brokers are comparable in the following areas:

  • The products they offer, meaning you can buy mostly the same things, i.e. stocks, CFDs, options, etc.
  • The type of clients they target, i.e. beginners, experienced investors, or day traders.

ATFX alternatives recommendations

Brokers are different in a number of ways, which means each of them may be suitable for different people. Here's how they compare overall:

  • ATFX is recommended for forex and cfd traders familiar with the metatrader 4 trading platform
  • XM is recommended for forex and cfd traders who prefer metatrader platforms and seek low trading fees
  • ETX Capital is recommended for forex and cfd traders looking for great funding and withdrawal options and an easy-to-use platform
  • XTB is recommended for forex and cfd traders looking for low fees and great deposit/withdrawal service

Important factors of finding ATFX alternatives

So far BrokerChooser has reviewed 71 online brokers in detail, which gives this comparison a solid starting point.

Not only that, but all of these brokers are reviewed using the exact same broker review methodology, which makes everything easily comparable. For each broker, we

  • open a live account
  • check over 100 criteria, with weighting based on readers' preferences
  • refresh data regularly

Whether ATFX or one of its alternatives is the best choice for you is on the following five broker characteristics that most interest people:

Fees. There are different types of fees that your online brokerage may charge, and both the number and the size of these fees may vary significantly from broker to broker. Both of these aspects can impact your returns and your overall experience. ATFX is one of the cheaper brokers, so if this is an important consideration for you, make sure you pick a similarly low-cost ATFX alternative.

Account opening. To open an account some brokers require at least €50,000 to be invested, while others don't set a minimum first-time deposit. The time it takes to open your account can be very different as well. At ATFX this is not a problem as you can have it ready on the same day you registered.

Deposit/withdrawal. The number of ways that you can deposit or withdraw money to or from your account matters a lot. For example, while you can make a deposit with a credit card at ATFX, this might not be the case at its alternatives.

Web trading platform. While online brokers are usually available on various platforms like mobile apps, tablet apps or desktop software, most people use them through their web platform in a browser. User-friendly trading platforms that offer many different resources can significantly increase your trading comfort.

Markets and products. A lot of people have specific products they would like to invest in. Knowing whether stocks, forex, mutual funds, and other products are available at the given ATFX alternative is a must.


Now let's dive into the details of how ATFX and its alternatives perform in the most important areas!

ATFX alternatives
ATFX

ATFX is the brand used by branches of global financial group AT Group that provide CFD/forex trading services. ATFX has four legal entities, each with different regulations and services. In this review, we tested the services of AT Global Markets (UK) Limited, which is regulated by the top-tier UK Financial Conduct Authority (FCA).

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.12% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Recommended for forex and cfd traders familiar with the metatrader 4 trading platform

Pros Cons
Low fees Limited product portfolio
Fast and easy account opening Slow email support
Multiple deposit and withdrawal options for free No fundamental data

Find out more
75.12% of retail CFD accounts lose money

Fees
4.7

ATFX has great fees, including low fees both for CFD and forex, as well as no inactivity and withdrawal fees.
Pros Cons
Low trading fees None
Low non-trading fees
No withdrawal fee
ATFX alternatives trading fees
ATFX XM ETX Capital XTB
S&P 500 index CFD fee $2.4 $2.4 $2.2 $1.9
Europe 50 index CFD fee $2.2 $2.4 $2.1 $1.9
EURUSD benchmark fee $10.7 $17.1 $19.5 $14.8
GBPUSD benchmark fee $9.4 $14.0 $16.1 $10.8

Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stock and $20k for FX

Find out more More
75.12% of retail CFD accounts lose money

Account opening
5.0

ATFX has a user-friendly and fully digital account opening process, usually taking no more than a day. On the flip side, the minimum deposit is high for non-Standard accounts.
Pros Cons
Fast High minimum deposit for accounts other than 'Standard'
Fully digital
User-friendly
ATFX alternatives minimum deposit and account open times
ATFX XM ETX Capital XTB
Minimum deposit $500 $5 $100 $0
Time to open account 1 day 1 day 1 day 1 day

Learn more about ATFX minimum deposit here.

Find out more More
75.12% of retail CFD accounts lose money

Deposit and withdrawal
4.5

ATFX offers free and fast deposit and withdrawal. Options for funding your account include bank transfer, credit/debit cards, and electronic wallets.
Pros Cons
Credit/Debit card available A limited number of available base currencies
Free withdrawal
No deposit fee
ATFX and alternatives withdrawal options and fees
ATFX XM ETX Capital XTB
Bank Transfer Yes Yes Yes Yes
Credit/Debit card Yes Yes Yes No
Electronic wallets Yes Yes Yes No
Withdrawal fee $0 $0 $0 $0

Find out more More
75.12% of retail CFD accounts lose money

Web trading platform
2.8

The ATFX web trading platform is provided by MetaTrader. It is highly customizable and has a clear fee report, but it lacks a two-step login and price alerts, and the design is outdated.
Pros Cons
Clear fee report No two-step (safer) login
Good customizability (for charts, workspace) No price alerts
Order confirmation Poor design
ATFX - Web trading platform
ATFX and alternatives trading platform scores
ATFX XM ETX Capital XTB
Web platform score 2.8 stars 2.8 stars 4.0 stars 4.4 stars
Mobile platform score 3.8 stars 3.8 stars 4.5 stars 4.4 stars
Desktop platform score 3.3 stars 3.3 stars 3.3 stars 4.4 stars

Learn more about ATFX's web trading platform in the detailed ATFX review.

Find out more
75.12% of retail CFD accounts lose money

Markets and products
1.5

ATFX provides only forex, CFDs and cryptos. It lacks other popular asset classes such as real stocks, mutual funds or bonds.
ATFX and alternatives markets and products
ATFX XM ETX Capital XTB
Stock No Yes No Yes
ETF No No No Yes
Forex Yes Yes Yes Yes
Fund No No No No
Bond No No No No
Options No No No No
Futures No No No No
CFD Yes Yes Yes Yes
Crypto Yes No Yes Yes

Find out more More
75.12% of retail CFD accounts lose money

Verdict

ATFX is regulated by several financial authorities globally, including the top-tier FCA.

On the plus side, ATFX has low CFD and forex fees. The account opening process is easy, and multiple options are offered for deposit and withdrawal, all free of charge.

ATFX  has some drawbacks, though. The product range is limited to FX, CFDs, and cryptos. Email support can be slow, and fundamental data research is missing.

As trading fees are low and you can use a demo account, feel free to try ATFX.

ATFX
Summary ATFX is the forex/CFD brokerage arm of global financial group AT Group. It is regulated by several financial authorities globally, such as the UK FCA or CySEC of Cyprus.
Fees score 4.7 stars
Recommended for Forex and CFD traders familiar with the MetaTrader 4 trading platform

Find out more More
75.12% of retail CFD accounts lose money

ATFX alternatives
XM

XM is an online broker whose parent company is Trading Point Holding, a global CFD and FX broker founded in 2009. Trading Point Holding has two brands, XM and Trading.com.

XM is available globally and is regulated by three financial authorities: the Cyprus Securities and Exchange Commission (CySEC), the Australian Securities and Investments Commission (ASIC) and the International Financial Services Commission of Belize (IFSC).

Trading.com is available only for most EEA residents and is regulated by the UK's Financial Conduct Authority (FCA).

In this review, we will focus on the XM brand.

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.55% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Recommended for forex and cfd traders who prefer metatrader platforms and seek low trading fees

Pros Cons
Low CFD and withdrawal fees Limited product portfolio
Easy and fast account opening Average forex fees
Great educational tools No investor protection for non-EU clients

Find out more
75.55% of retail CFD accounts lose money

Fees
3.8

XM has low trading fees for CFDs and charges no withdrawal fee. On the other hand, forex fees are only average, and there is a fee for inactivity.
Pros Cons
No withdrawal fee Inactivity fee
Low CFD fees Average FX fees
ATFX vs. XM: Trading fees
XM ATFX
Apple benchmark fee $4.9 $4.7
Vodafone benchmark fee $1.4 -
EURUSD benchmark fee $17.1 $10.7

Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX

Find out more More
75.55% of retail CFD accounts lose money

Account opening
5.0

XM account opening is hassle-free and straightforward. You may be able to trade on your account already on the same day.
Pros Cons
Fast None
Fully digital
Low minimum deposit
ATFX vs. XM: Minimum deposit, time to open an account
XM ATFX
Minimum deposit $5 $500
Time to open account 1 day 1 day

If you are interested more in XM minimum deposit, this overview will help you.

Find out more More
75.55% of retail CFD accounts lose money

Deposit and withdrawal
5.0

XM's deposit and withdrawal processes are fast and inexpensive, and offer you several options.
Pros Cons
Credit/Debit card available None
Several account base currencies
Free wire withdrawal above $200
ATFX vs. XM: Withdrawal options
XM ATFX
Bank Transfer Yes Yes
Credit/Debit card Yes Yes
Electronic wallets Yes Yes
Withdrawal fee $0 $0

Find out more More
75.55% of retail CFD accounts lose money

Web trading platform
2.8

XM's web trading platform is provided by MetaTrader. It is highly customizable and has a clear fee report. On the other hand, the platform lacks price alerts and the design is outdated.
Pros Cons
Clear fee report No two-step (safer) login
Good customizability (for charts, workspace) No price alerts
Order confirmation Poor design
Web trading platform of XM, a ATFX alternative
ATFX vs. XM: Trading platform scores
XM ATFX
Web platform score 2.8 stars 2.8 stars
Mobile platform score 3.8 stars 3.8 stars
Desktop platform score 3.3 stars 3.3 stars

Learn more about XM's web trading platform in the detailed XM review.

Find out more
75.55% of retail CFD accounts lose money

Markets and products
2.5

XM provides CFDs and forex for all clients, while real stocks are available only for clients opening their accounts under the IFSC-regulated entity. Popular asset classes, like real ETFs, bonds or options are missing.
ATFX vs. XM: Markets and products
XM ATFX
Stock Yes No
ETF No No
Forex Yes Yes
Fund No No
Bond No No
Options No No
Futures No No
CFD Yes Yes
Crypto No Yes

Find out more More
75.55% of retail CFD accounts lose money

Verdict

XM is regulated by several authorities globally, including the top-tier ASIC.

On the plus side, we liked the low CFD and withdrawal fees. The account opening process is seamless and hassle-free. There is a wide range of educational tools of great quality.

XM has some drawbacks though. Its product range is limited to FX and CFDs. Its forex fees are average, and non-EU customers are not covered by any investor protection.

We recommend XM for those who are interested in CFD and forex trading and prefer MetaTrader trading platforms. Feel free to test it via the demo account.

XM
Summary XM is a global forex and CFD broker regulated by Australia's ASIC, CySEC of Cyprus, and Belizean authority IFSC.
Fees score 3.8 stars
Recommended for Forex and CFD traders who prefer MetaTrader platforms and seek low trading fees

Find out more More
75.55% of retail CFD accounts lose money

ATFX alternatives
ETX Capital

ETX Capital is a global CFD and FX broker. Its parent company, Monecor (London) Ltd was established in 1965 and is regulated by the Financial Conduct Authority (FCA) making it safe to invest your money with.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Recommended for forex and cfd traders looking for great funding and withdrawal options and an easy-to-use platform

Pros Cons
Free and multiple deposit and withdrawal options High trading fees
Easy and fast account opening Only CFDs, forex, and crypto offered
Great educational tools Basic research tools

Find out more
78% of retail CFD accounts lose money

Fees
2.4

ETX Capital has high trading fees and financing rates. The non-trading fees are average. On the plus side, there are no withdrawal fees.
Pros Cons
No withdrawal fee High forex fees
High financing rate
ATFX vs. ETX Capital: Trading fees
ETX Capital ATFX
Apple benchmark fee $32.0 $4.7
Vodafone benchmark fee $25.9 -
EURUSD benchmark fee $19.5 $10.7

Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX

Find out more More
78% of retail CFD accounts lose money

Account opening
5.0

ETX Capital's account opening is hassle-free and straightforward. Your account should be ready for trading on the same day.
Pros Cons
Fast None
Fully digital
Low minimum deposit
ATFX vs. ETX Capital: Minimum deposit, time to open an account
ETX Capital ATFX
Minimum deposit $100 $500
Time to open account 1 day 1 day

If you are interested more in ETX Capital minimum deposit, this overview will help you.

Find out more More
78% of retail CFD accounts lose money

Deposit and withdrawal
4.5

ETX Capital's deposit and withdrawal are free, the processes are fast, and can be done in several methods.
Pros Cons
Credit/Debit card available None
Free withdrawal
No deposit fee
ATFX vs. ETX Capital: Withdrawal options
ETX Capital ATFX
Bank Transfer Yes Yes
Credit/Debit card Yes Yes
Electronic wallets Yes Yes
Withdrawal fee $0 $0

Find out more More
78% of retail CFD accounts lose money

Web trading platform
4.0

ETX Capital has a great web trading platform. It is user-friendly with a great search function and customizability. On the negative side, it lacks two-step login and a clear fee report.
Pros Cons
User-friendly No clear fee report available
Good search function No two-step (safer) login
Good customizability (for charts, workspace)
Web trading platform of ETX Capital, a ATFX alternative
ATFX vs. ETX Capital: Trading platform scores
ETX Capital ATFX
Web platform score 4.0 stars 2.8 stars
Mobile platform score 4.5 stars 3.8 stars
Desktop platform score 3.3 stars 3.3 stars

Learn more about ETX Capital's web trading platform in the detailed ETX Capital review.

Find out more
78% of retail CFD accounts lose money

Markets and products
1.8

At ETX Capital, you can trade only with CFDs, forex, and cryptos. It lacks real stocks, ETFs, mutual funds, bonds, options, and futures.
ATFX vs. ETX Capital: Markets and products
ETX Capital ATFX
Stock No No
ETF No No
Forex Yes Yes
Fund No No
Bond No No
Options No No
Futures No No
CFD Yes Yes
Crypto Yes Yes

Find out more More
78% of retail CFD accounts lose money

Verdict

ETX Capital is regulated by the top-tier FCA.

On the plus side, you can use a lot of deposit and withdrawal options and they are free of charge. We liked the seamless and hassle-free account opening. There is a wide range of educational tools and they have great quality.

ETX Capital has some drawbacks though. The trading fees are quite high. Its product range is limited to FX, CFDs, and cryptos. The research tools are limited. 

As there is only a small minimum deposit, there are 5 free withdrawals, and inactivity fee only kicks in after three months, feel free to try ETX Capital.

ETX Capital
Summary ETX Capital is a global forex and CFD broker regulated by the UK FCA. Its parent company, Monecor (London) Ltd is listed on the London Stock Exchange.
Fees score 2.4 stars
Recommended for Forex and CFD traders looking for great funding and withdrawal options and an easy-to-use platform

Find out more More
78% of retail CFD accounts lose money

ATFX alternatives
XTB

XTB is a global CFD and forex broker with headquarters in London and Warsaw, founded in 2002. The company is regulated by several financial authorities worldwide, including the top-tier UK Financial Conduct Authority (FCA). In addition, XTB is listed on the Warsaw Stock Exchange, and as such is required to disclose its financials.

XTB is considered safe because it has a long track record, is listed on a stock exchange, and publishes its financial statements transparently.

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Recommended for forex and cfd traders looking for low fees and great deposit/withdrawal service

Pros Cons
Low forex and stock index CFD fees High fees for stock CFDs
Free and fast deposit and withdrawal Product portfolio limited mostly to CFDs and FX
Easy and fast account opening Limited fundamental data

Find out more
79% of retail CFD accounts lose money

Fees
4.1

XTB has low forex and stock index CFD fees. There is also no withdrawal fee for most transfers. On the other hand, stock CFD fees are high, and XTB also charges an inactivity fee.
Pros Cons
Low forex fees High stock CFD fees
Low stock index CFD fees Inactivity fee
No withdrawal fee for transfers above $100
ATFX vs. XTB: Trading fees
XTB ATFX
Apple benchmark fee $17.9 $4.7
Vodafone benchmark fee $19.3 -
EURUSD benchmark fee $14.8 $10.7

Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX

Find out more More
79% of retail CFD accounts lose money

Account opening
5.0

XTB's account opening process is hassle-free, straightforward and fully digital. Your account will be ready for trading on the same day.
Pros Cons
Fast None
Fully digital
No minimum deposit
ATFX vs. XTB: Minimum deposit, time to open an account
XTB ATFX
Minimum deposit $0 $500
Time to open account 1 day 1 day

If you are interested more in XTB minimum deposit, this overview will help you.

Find out more More
79% of retail CFD accounts lose money

Deposit and withdrawal
4.5

XTB deposits and withdrawals are fast, mostly free, and can be done via several channels.
Pros Cons
Credit/Debit card available Few minor account currencies accepted
Free withdrawal
No deposit fee
ATFX vs. XTB: Withdrawal options
XTB ATFX
Bank Transfer Yes Yes
Credit/Debit card No Yes
Electronic wallets No Yes
Withdrawal fee $0 $0

Find out more More
79% of retail CFD accounts lose money

Web trading platform
4.4

XTB's xStation 5 platform is user-friendly, can be customized and has a good search function. On the other hand, two-step login is not available.
Pros Cons
User-friendly No two-step (safer) login
Clear fee report
Good search function
Web trading platform of XTB, a ATFX alternative
ATFX vs. XTB: Trading platform scores
XTB ATFX
Web platform score 4.4 stars 2.8 stars
Mobile platform score 4.4 stars 3.8 stars
Desktop platform score 4.4 stars 3.3 stars

Learn more about XTB's web trading platform in the detailed XTB review.

Find out more
79% of retail CFD accounts lose money

Markets and products
2.8

XTB's default product selection includes only CFDs, forex and crypto. Some European clients can also trade real stocks and ETFs. Popular asset classes like bonds, mutual funds, options and futures are not available.
ATFX vs. XTB: Markets and products
XTB ATFX
Stock Yes No
ETF Yes No
Forex Yes Yes
Fund No No
Bond No No
Options No No
Futures No No
CFD Yes Yes
Crypto Yes Yes

Find out more More
79% of retail CFD accounts lose money

Verdict

XTB is a great CFD and forex broker. It is regulated by several financial authorities globally, including the UK's FCA. The company is listed on the Warsaw Stock Exchange.

On the plus side, its forex and stock index CFD fees are low, and the deposit and withdrawal process is fast and mostly free. We also liked the seamless and hassle-free account opening process.

XTB has some drawbacks, though. Stock CFD fees are high. The product range is mainly limited to FX and CFDs, although real stock and ETF trading is available in some European countries. Fundamental data offered by XTB covers only a few basics such as P/E.

We recommend XTB for clients who prefer forex or CFD trading, and also want to enjoy great deposit and withdrawal options along with fast account opening. Feel free to test it using a demo account.

XTB
Summary XTB is a global CFD and forex broker, listed on the Warsaw Stock Exchange and regulated by financial authorities including the UK FCA, Poland's KNF, and Cyprus's CySec.
Fees score 4.1 stars
Recommended for Forex and CFD traders looking for low fees and great deposit/withdrawal service

Find out more More
79% of retail CFD accounts lose money

ATFX alternatives
Bottom line

Based on our analysis, there are several good alternatives to ATFX. They all offer similar products and target similar customers. Here's a recap of the results in a table.

ATFX alternatives
Broker Info Recommended for
ATFX Global CFD and forex broker Forex and CFD traders familiar with the MetaTrader 4 trading platform
XM Global CFD and forex broker Forex and CFD traders who prefer MetaTrader platforms and seek low trading fees
ETX Capital Global CFD and forex broker Forex and CFD traders looking for great funding and withdrawal options and an easy-to-use platform
XTB Global CFD and forex broker Forex and CFD traders looking for low fees and great deposit/withdrawal service

Still unsure? Use our broker finder and find the best broker for you or learn more about investing your money.

Author of this article

Ádám Nasli

Author of this article

Ádám is a motivated finance expert with over two years of experience in banking and investment, and a professional degree in this field. He's eager to help people find the best investment provider for them, and to make the investment sector as transparent as possible.

Ádám Nasli

Broker Expert

Ádám is a motivated finance expert with over two years of experience in banking and investment, and a professional degree in this field. He's eager to help people find the best investment provider for them, and to make the investment sector as transparent as possible.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

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