ATFX
FXCM
*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 traders looking for easy account opening, funding and withdrawal
UK
UK
Fees
Low trading and non-trading fees, low forex fees
Average trading and non-trading fees, low CFD fees
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
4
Deposit type
Withdrawal type
Account opening
$500
$50
1 day
1-3 days
Proof of identity: passport / national ID Proof of residency: bank statement / utility bill / tax bill / landline phone bill
Proof of identity: ID / passport / 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
£85,000 in the UK, €20,000 in the EU, no protection in other countries
2014
1999
UK, Cyprus, St Vincent & The Grenadines, Mauritius
UK, Australia, South Africa and Cyprus
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 FXCM's and a comparison of their fees shows that ATFX's fees are much higher than FXCM's.
Account opening takes somewhat less effort at ATFX compared to FXCM, deposit and withdrawal processes are somewhat easier at ATFX, while customer service quality is lower than FXCM's.
Our experts rated the trading platform of ATFX as somewhat worse than the platform of FXCM, found that clients have access to about the same number of markets and products with ATFX, while FXCM provides somewhat better research and education.