Overview of ATFX fees and charges
We know that fees are on top of people's mind when selecting a broker. Brokerage fees consist of trading and non-trading fees. The most important trading fees are commission, spread, and financing rate.
- Commission: it's charged when you execute a trade (either buy or sell). Commissions can be volume-tiered or flat fees. Nowadays, there are many commission-free brokers, click on the following links to check out the best free stockbrokers in the US and the EU.
- Spread: it denotes the difference between the bid and ask price. When you trade forex or CFDs, spreads can make up a significant part of your trading costs.
- Financing rate/overnight costs: if you trade on leverage, you may be charged for holding your positions overnight. This cost can be expressed as a percentage or in swap points.
- Non-trading fees: these occur when you deposit and withdraw funds, or if you don't use your account for a certain period.
As ATFX focuses on CFD and forex trading, the most important cost elements are spreads and financing rates (overnight fees), commissions less so.
Disclaimer: 59.38% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Now, let's dive into the details and see what commissions, spreads, and financing rates ATFX charges.
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59.38% of retail CFD accounts lose money
59.38% of retail CFD accounts lose money
ATFX commission and other trading fees
The bad news is that ATFX has high trading fees in general. If you're looking for a discount broker, feel free to check out the best discount brokers. We ranked ATFX fee levels as low, average or high based on how they compare with all reviewed brokers.
Check out this table to get an overview of whether ATFX commissions, spreads, and financing rates for each asset class are low/average/high.
|
Forex
|
- | Low | Low |
|---|---|---|---|
|
CFD
|
- | Low | Average |
|
Financing rate
|
- | Average | Average |
Now let's go over the trading fees for each asset class one by one.
ATFX non-trading fees
In addition to trading fees, it's important to see if ATFX charges a fee on deposits, withdrawals, account maintenance, and inactivity. We compared these fees levied by ATFX with its two closest competitors.
|
Deposit fee
|
$0
|
$0
|
$0
|
|---|---|---|---|
|
Withdrawal fee
|
$0
|
$0
|
$0
|
|
Account fee
|
No
|
No
|
No
|
|
Inactivity fee
|
No
|
Yes
|
Yes
|
CFD fees are calculated for a $2,000 trade using 20:1 leverage for stock index CFDs, and 5:1 leverage for stock CFDs
Bottom line
Hopefully, by now you have a clear picture of the commissions, spreads, financing rates, and non-trading fees charged by ATFX and its closest competitors. To learn more about ATFX, check out this detailed review. If you would like more information about fees in general, read this article about brokerage fees.
If you're not sure which broker to choose, get a personal recommendation from our broker recommendation algorithm or compare brokers with our broker comparison table.
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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.
