ATFX
AvaTrade
*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.
Basic data of broker
Recommended for Forex and CFD traders familiar with the MetaTrader 4 trading platform
Recommended for Forex and CFD traders looking for an option to use MetaTrader platforms
UK
Ireland
Fees
Low trading and non-trading fees, low forex fees
Low trading fees, average non-trading fees, high inactivity fee
Stock and ETF fees
Forex fees
Fund fees
Bond fees
Options fees
Futures fees
Crypto fees
CFD fees
Non-trading fees
Deposit and withdrawal
3
7
Deposit type
Withdrawal type
Account opening
$500
$100
1 day
1 day
Proof of identity: passport / national ID Proof of residency: bank statement / utility bill / tax bill / landline phone bill
Proof of identity: passport / national ID card / driver's license Proof of residency: bank statement / utility bill
Trading platform
Markets and products
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.
Disclaimer: 71% 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.
Research, education
Mid-range
Great
Customer service
Security
£85,000 for clients under FCA, €20,000 under CySEC, no protection under other regulators
€20,000 for EU clients, no protection for other clients
2014
2006
UK, Cyprus, St Vincent & The Grenadines, Mauritius
Ireland, Australia, Japan, South Africa, Abu Dhabi, British Virgin Islands, Israel
For detailed information and hands-on experience, read our review of this broker.
For detailed information and hands-on experience, read our review of this broker.
*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.
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.
ATFX's service is slightly weaker than AvaTrade's and a comparison of their fees shows that ATFX's fees are much higher than AvaTrade's.
Account opening takes about the same effort at ATFX compared to AvaTrade, deposit and withdrawal processes are about the same quality at ATFX, while customer service quality is lower than AvaTrade's.
Our experts rated the trading platform of ATFX as somewhat worse than the platform of AvaTrade, found that clients have access to slightly less markets and products with ATFX, while AvaTrade provides somewhat better research and education.