ATFX Logo
Our top alternative brokers to ATFX
XM
4.4
Visit broker
69.10% of retail CFD accounts lose money
ETX Capital
4.3
Visit broker
78% of retail CFD accounts lose money
Our top alternative brokers to ATFX
XM
4.4
Visit broker
69.10% of retail CFD accounts lose money
ETX Capital
4.3
Visit broker
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 4.4 4.3 4.6
Fees score 4.7 3.8 2.7 4.0
Account opening score 5.0 5.0 5.0 5.0
Deposit and withdrawal score 4.5 5.0 4.5 4.5
Web platform score 2.8 2.8 4.0 4.4
Markets and products score 1.4 2.9 1.8 2.8
Visit broker
67.76% of retail CFD accounts lose money
Visit broker
69.10% of retail CFD accounts lose money
Visit broker
78% of retail CFD accounts lose money
Visit broker
80% 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 63 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. 67.76% 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 familiar with the metatrader 4 trading platform

Pros Cons
Low fees Limited product portfolio
Fast and easy account opening Pushy sales team
Multiple deposit and withdrawal options for free No fundamental data

Visit broker
67.76% of retail CFD accounts lose money

Fees
4.7

ATFX has great fees. It charges low fees both for CFD and forex. There are also 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 $2.0
Europe 50 index CFD fee $2.7 $2.4 $2.1 $2.2
EURUSD benchmark fee $10.5 $17.1 $19.5 $15.0
GBPUSD benchmark fee $10.2 $13.8 $16.1 $11.1

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

Visit broker More
67.76% of retail CFD accounts lose money

Account opening
5.0

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.
Pros Cons
Fast Sales team pushy
Fully digital High minimum deposit for accounts, except Standard Account
User-friendly
ATFX alternatives minimum deposit and account open times
ATFX XM ETX Capital XTB
Minimum deposit $500 $5 $100 $250
Time to open account 1 day 1 day 1 day 1 day

Learn more about ATFX minimum deposit here.

Visit broker More
67.76% of retail CFD accounts lose money

Deposit and withdrawal
4.5

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.
Pros Cons
Credit/Debit card available None
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

Visit broker More
67.76% of retail CFD accounts lose money

Web trading platform
2.8

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.
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 2.8 4.0 4.4
Mobile platform score 3.8 3.8 4.5 4.3
Desktop platform score 3.3 3.3 3.3 4.4

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

Visit broker
67.76% of retail CFD accounts lose money

Markets and products
1.4

ATFX provides only forex, CFDs and cryptos. However, it lacks 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 Yes Yes Yes

Visit broker More
67.76% 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.

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
Recommended for Forex and CFD traders familiar with the MetaTrader 4 trading platform

Visit broker More
67.76% of retail CFD accounts lose money

ATFX alternatives
XM

Trading Point Holding, XM's parent company, is 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 was launched in 2019 and is available only for EEA residents, except those living in Belgium, Cyprus, Greece and Switzerland. Trading.com is regulated by the UK's Financial Conduct Authority (FCA).

In this review, we focus on the XM brand.

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69.10% 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. Risk warnings are shown on the website but they are unclear on percentages

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

Pros Cons
Low CFD and withdrawal fees Only CFDs, forex, cryptos for Europeans
Easy and fast account opening Average forex fees
Great educational tools Inactivity fee

Visit broker
69.10% 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 average, and there is a fee for inactivity.
Pros Cons
Low CFD fees Inactivity fee
No withdrawal fee Average FX fees
ATFX vs. XM: Trading fees
XM ATFX
Apple benchmark fee $3.4 $4.5
Vodafone benchmark fee $5.6 -
EURUSD benchmark fee $17.1 $10.5

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

Visit broker More
69.10% of retail CFD accounts lose money

Account opening
5.0

XM account opening is hassle-free and straightforward. Your account is ready for trading 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.

Visit broker More
69.10% of retail CFD accounts lose money

Deposit and withdrawal
5.0

XM's deposit and withdrawal functions are fast and inexpensive, and offer you several options.
Pros Cons
Credit/Debit card available None
Free withdrawal
No deposit fee
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

Visit broker More
69.10% 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 price alerts
Good customizability (for charts, workspace) Outdated design
Web trading platform of XM, a ATFX alternative
ATFX vs. XM: Trading platform scores
XM ATFX
Web platform score 2.8 2.8
Mobile platform score 3.8 3.8
Desktop platform score 3.3 3.3

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

Visit broker
69.10% of retail CFD accounts lose money

Markets and products
2.9

At XM, you can trade CFDs, forex and cryptos; non-European clients can also trade some real stocks. There are no ETFs, mutual funds, bonds, options or futures.
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 Yes Yes

Visit broker More
69.10% 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, CFDs and cryptos, with stock trading only available for non-European users. Its forex fees are average, and a monthly $5 fee is charged after three months of inactivity. 

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
Recommended for Forex and CFD traders who prefer MetaTrader platforms and seek low trading fees

Visit broker More
69.10% 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

Visit broker
78% of retail CFD accounts lose money

Fees
2.7

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 $4.5
Vodafone benchmark fee $25.9 -
EURUSD benchmark fee $19.5 $10.5

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

Visit broker 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.

Visit broker 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

Visit broker 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 2.8
Mobile platform score 4.5 3.8
Desktop platform score 3.3 3.3

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

Visit broker
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

Visit broker 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 2.7
Recommended for Forex and CFD traders looking for great funding and withdrawal options and an easy-to-use platform

Visit broker 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. The company is regulated by several financial authorities worldwide, including the UK's Financial Conduct Authority (FCA) and the Polish Financial Supervision Authority (KNF). XTB is listed on the Warsaw Stock Exchange.

XTB is considered safe because it is regulated by at least one top-tier financial authority, the FCA, and is listed on a stock exchange.

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80% 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 fee for stock CFD
Free and fast deposit and withdrawal Limited product portfolio, mostly CFD and FX
Easy and fast account opening Poor email support

Visit broker
80% of retail CFD accounts lose money

Fees
4.0

XTB has low trading fees and low non-trading fees. Within trading fees, there are low fees for forex and stock index CFDs. On the other hand, stock CFD fees are high.
Pros Cons
Low trading fees High stock CFD fees
Low non-trading fees
No withdrawal fee
ATFX vs. XTB: Trading fees
XTB ATFX
Apple benchmark fee $17.9 $4.5
Vodafone benchmark fee $20.9 -
EURUSD benchmark fee $15.0 $10.5

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

Visit broker More
80% of retail CFD accounts lose money

Account opening
5.0

XTB's account opening process is hassle-free, fully digital and straightforward. Your account will be ready for trading on the same day.
Pros Cons
Fast None
Fully digital
Low minimum deposit
ATFX vs. XTB: Minimum deposit, time to open an account
XTB ATFX
Minimum deposit $250 $500
Time to open account 1 day 1 day

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

Visit broker More
80% of retail CFD accounts lose money

Deposit and withdrawal
4.5

XTB deposits and withdrawals are cost-friendly, fast, and can be done in several forms.
Pros Cons
Credit/Debit card available None
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

Visit broker More
80% 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, a 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 2.8
Mobile platform score 4.3 3.8
Desktop platform score 4.4 3.3

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

Visit broker
80% of retail CFD accounts lose money

Markets and products
2.8

XTB's product selection covers only CFDs, forex and crypto assets. Some European clients can also trade with 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

Visit broker More
80% 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, and it 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 free and fast. We also liked the seamless and hassle-free account opening process.

XTB has some drawbacks, though. The stock CFD fees are high. The product range is mainly limited to FX and CFDs, although real stock and ETF trading are available in some European countries. Lastly, its email support did not reply to our queries.

We recommend XTB for clients who prefer forex or CFD trading, and also want to enjoy great deposit and withdrawal options and a 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 and Poland's KNF.
Fees score 4.0
Recommended for Forex and CFD traders looking for low fees and great deposit/withdrawal service

Visit broker More
80% 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.

Gergely Korpos

Gergely Korpos

Co-founder, CPO

Author of this article

Gergely is the co-founder and CPO of Brokerchooser. His aim is to make personal investing crystal clear for everybody. Gergely has 10 years of experience in the financial markets. He concluded thousands of trades as a commodity trader and equity portfolio manager.

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

Share

Comments

Visit ATFX
67.76% of retail CFD accounts lose money
Visit XM
69.10% of retail CFD accounts lose money
Visit ETX Capital
78% of retail CFD accounts lose money
Visit XTB
80% of retail CFD accounts lose money
×