Is ATFX free?
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.
ATFX does not provide access to real stock trading on US markets. If you are looking for a zero-commission broker to trade on US stock exchanges, you can check our article detailing the best apps offered in this category of brokers. If you wish to stick with ATFX though, then you will find the fees they charge below.
ATFX fees
Overview of ATFX fees and charges
ATFX's fees are considered high. This is because of high fees across multiple fee types. It's important to be aware of this and to decide whether other advantages of ATFX can still make it a good choice for you. Such features may include its research tools, education section or the general user experience you get on its trading platforms.
Here's a high-level overview of ATFX's fees
| Assets | Fee level | Fee terms |
|---|---|---|
| US stock fee | - | Not available |
| EURUSD fee | - | Not available |
| US mutual fund fees | - | Not available |
| Inactivity fee | Low | No inactivity fee |
ATFX fees
ATFX fees explained
Online brokerages in general charge much lower brokerage fees than traditional brokerages do - this is largely because online brokerages' businesses can be much better scaled: from a purely technical standpoint, it doesn't make that much of a difference for them if they have 100 or 5,000 clients.
This is not to say, however, that they don't charge any fees at all. They make money by charging you various rates for various actions or events. Usually you need to keep an eye on the following three types of fees:
- Trading fees - these are brokerage fees that you pay when you actually carry out a trade, like buying an Apple share or an ETF. What you pay is either a commission, a spread or a financing rate. Some brokers apply all of these.
- A commission is either fixed or based on the traded volume.
- A spread is the difference between the buy price and the sell price.
- A financing rate or overnight rate is charged when you hold your leveraged positions for more than one day.
- Non-trading fees. These are usually related to some operations you carry out in your account, such as depositing money, withdrawing money, or not trading for an extended period.
We compare ATFX fees with its closest competitors, Admirals (Admiral Markets) and AvaTrade.
ATFX fees
ATFX trading fees
We consider ATFX's trading fees high, as they exceed those of most competitors.
Let's break down trading fees according to the different asset classes available at ATFX.
Trading fees
ATFX's trading fees are high.
Forex fees
ATFX's forex fees are .
| ATFX | Admirals (Admiral Markets) | AvaTrade | |
|---|---|---|---|
| EURUSD benchmark fee | - | $15.1 | $16.4 |
| EURGBP benchmark fee | - | $15.7 | $15.5 |
CFD fees
ATFX has CFD trading fees.
| ATFX | Admirals (Admiral Markets) | AvaTrade | |
|---|---|---|---|
| Apple CFD | - | $1.1 | $1.6 |
| Vodafone CFD | - | $4.9 | $2.6 |
| Germany | - | - | $3.2 |
ATFX fees
ATFX non-trading fees
When it comes to non-trading fees, ATFX is a rather cheap broker.
Non-trading fees include various brokerage fees and charges at ATFX that are not related to buying or selling assets. This can be a withdrawal fee, deposit fee, inactivity fee or account fee.
| ATFX | Admirals (Admiral Markets) | AvaTrade | |
|---|---|---|---|
| Withdrawal fee | $0 | $0 | $0 |
| Deposit fee | $0 | $0 | $0 |
| Inactivity fee | No | Yes | Yes |
| Account fee | No | No | No |
ATFX fees
ATFX deposit fee
Usually, brokers don't charge anything for deposits, and ATFX is no different.
| ATFX | Admirals (Admiral Markets) | AvaTrade | |
|---|---|---|---|
| Bank transfer | Yes | Yes | Yes |
| Credit/debit card | Yes | Yes | Yes |
| Electronic wallets | Yes | Yes | Yes |
| Deposit fee | $0 | $0 | $0 |
ATFX fees
ATFX withdrawal fee
ATFX generally doesn't charge a withdrawal fee.
| ATFX | Admirals (Admiral Markets) | AvaTrade | |
|---|---|---|---|
| Bank transfer | Yes | Yes | Yes |
| Credit/debit card | Yes | Yes | Yes |
| Electronic wallets | Yes | Yes | Yes |
| Withdrawal fee for bank transfer | $0 | $0 | $0 |
ATFX fees
ATFX inactivity fee
ATFX does not apply an inactivity fee, which is great because your account won't be charged even if you do not trade for an extended period (like several months or years).
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