ATFX Alternatives

The best alternatives to ATFX are

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

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

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 mt4 trading platform
• XM is recommended for forex and cfd traders looking for metatrader platforms and low trading fees
• ETX Capital is recommended for forex and cfd traders looking for great funding and withdrawal processes and easy to use platform
• XTB is recommended for forex and cfd traders looking for great funding and withdrawal processes and research tools

Important factors of finding ATFX alternatives

So far Brokerchooser has reviewed 57 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

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

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70.16% 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 mt4 trading platform

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70.16% of retail CFD accounts lose money

Fees 5 stars

ATFX has great fees. It charges low fees both for CFD and forex. There are also no inactivity and withdrawal fees.

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

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70.16% of retail CFD accounts lose money

Account opening 5 stars

ATFX has a user-friendly and fully digital account opening. In most cases, the account approval takes no more than 1-2 business days. On the flip side, the sales team is pushy and the required minimum deposit can be high.

Learn more about ATFX minimum deposit here.

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70.16% of retail CFD accounts lose money

Deposit and withdrawal 5 stars

ATFX offers free and fast deposit and withdrawal. There are various options for funding your account, including bank transfer, credit/debit cards, as well as electronic wallets.

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70.16% of retail CFD accounts lose money

Web trading platform 3 stars

The web trading platform of ATFX is provided by MetaTrader. It is highly customizable, available in a lot of languages, and has a clear fee report. On the other hand, it lacks a two-step login and price alerts, and the design is outdated.

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

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70.16% of retail CFD accounts lose money

Markets and products 1 stars

ATFX provides only forex, CFDs and cryptos. However, it lacks popular asset classes, such as real stocks, mutual funds, or bonds.

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70.16% of retail CFD accounts lose money

Verdict

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

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

ATFX  has some drawbacks though. The product range is limited to FX, CFDs, and cryptos. The sales team is pushy and fundamental data research is missing. 

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

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70.16% of retail CFD accounts lose money

ATFX alternatives
XM

XM was founded in 2009 and it is Global CFD and FX broker. It is authorized and regulated by top-tier regulators, like the UK FCA or Australian ASIC.

XM is considered safe because it has a long track record and is regulated by top-tier regulators.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.61% 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 metatrader platforms and low trading fees

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71.61% of retail CFD accounts lose money

Fees 4 stars

XM has low trading and average non-trading fees.

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

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71.61% of retail CFD accounts lose money

Account opening 5 stars

XM account opening is hassle-free and straightforward. Your account is ready for trading on the same day.

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

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71.61% of retail CFD accounts lose money

Deposit and withdrawal 5 stars

XM's deposit and withdrawal are cost-friendly, fast, and can be done in several forms.

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71.61% of retail CFD accounts lose money

Web trading platform 3 stars

The web trading platform of XM is provided by MetaTrader. It is highly customizable, available in a lot of languages, and has a clear fee report. On the negative side, it lacks a two-step login and the design is outdated.

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

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71.61% of retail CFD accounts lose money

Markets and products 1 stars

At XM, you can trade only with CFDs, forex, and cryptos. It lacks real stocks, ETFs, mutual funds, bonds, options, and futures.

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71.61% of retail CFD accounts lose money

Verdict

XM is regulated by more authorities globally, including the top-tier FCA.

On the plus side, the trading fees are low. We liked the seamless and hassle-free account opening. There is a wide range of educational tools and they have great quality.

XM has some drawbacks though. Its product range is mainly limited to FX, CFDs, and cryptos. The research tools are limited, covering mainly some technical tools and technical-based analysis. A monthly $5 fee is charged after three months of inactivity. 

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

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71.61% 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. Monecor (London) Ltd is listed on the London Stock Exchange and is regulated by the Financial Conduct Authority (FCA).

ETX Capital is considered safe because it has a long track record, is listed on a stock exchange, and is regulated by a top-tier regulator.

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 processes and easy to use platform

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78% of retail CFD accounts lose money

Fees 2 stars

ETX Capital has high trading fees and financing rates. The non-trading fees are average.

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

More Visit broker
78% of retail CFD accounts lose money

Account opening 5 stars

ETX Capital account opening is hassle-free and straightforward. Your account is ready for trading on the same day.

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

More Visit broker
78% of retail CFD accounts lose money

Deposit and withdrawal 5 stars

ETX Capital's deposit and withdrawal are cost-friendly, fast, and can be done in several forms.

More Visit broker
78% of retail CFD accounts lose money

Web trading platform 4 stars

ETX Capital has a great web trading platform. It is user-friendly with a great search function. On the negative side, it lacks two-step login and a clear fee report.

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

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78% of retail CFD accounts lose money

Markets and products 2 stars

At ETX Capital, you can trade only with CFDs, forex, and cryptos. It lacks real stocks, ETFs, mutual funds, bonds, options, and futures.

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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.

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78% of retail CFD accounts lose money

ATFX alternatives
XTB

Best CFD broker

XTB is primarily a forex and CFD broker, while in some countries you can also trade with stocks. XTB is a global broker with more than ten offices worldwide. In Europe, it serves clients via the UK or a Polish entity. We tested the UK entity but will provide info on all entities.

XTB is listed on the Warsaw Stock Exchange. A listed company is more transparent, as it discloses its financials regularly. XTB is authorized and regulated by different regulators, including the UK FCA.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% 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 processes and research tools

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76% of retail CFD accounts lose money

Fees 4 stars

XTB has average trading fees and low non-trading fees.

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

More Visit broker
76% of retail CFD accounts lose money

Account opening 5 stars

XTB account opening is hassle-free and straightforward. Your account is ready for trading on the same day. However, the sales team is very pushy.

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

More Visit broker
76% of retail CFD accounts lose money

Deposit and withdrawal 5 stars

XTB's deposit and withdrawal are cost-friendly, fast, and can be done in several forms. Fees for electronic wallet deposits are quite high.

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76% of retail CFD accounts lose money

Web trading platform 4 stars

XTB's xStation 5 platform is user-friendly, can be customized and has a good search function. On the other hand, we missed the two-step login, the leverage setting option and the more sophisticated order types.

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

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76% of retail CFD accounts lose money

Markets and products 2 stars

UK residents, Hungarians and non-Europeans can trade only with CFDs and forex. All other Europeans can also trade with stocks and ETFs.

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76% of retail CFD accounts lose money

Verdict

XTB is a good broker. It is regulated by more than 10 authorities globally, including the UK FCA, and it is listed on the Warsaw Stock Exchange. 

On the plus side, the deposit and withdrawal process is fast. We liked the seamless and hassle-free account opening. The research tools are easy-to-use.

XTB has some drawbacks though. Its product range is mainly limited to FX and CFDs, but there are stocks trading is also available in some countries. When opening the account the sales team can be pushy. We also missed the 24/7 customer support.

We recommend XTB for clients who prefer forex and CFD trading and are looking for fast account opening, cheap money withdrawal and great research tools. Feel free to test it via the demo account.

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76% 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.

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

AUTHOR

Dan Sallai

CMO

My goal is to help people find our resourceful content when they need the most. I combine my 10+ years online marketing experience with the team's finance knowledge to reach that every day. On the side I'm paying bowling, tennis and enjoy spending great time with my children.

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