ATFX
FXTM
Basic data of broker
Recommended for Forex and CFD traders familiar with the MetaTrader 4 trading platform
Recommended for Forex traders familiar with the MetaTrader platform
UK
Cyprus
Fees
Low trading and non-trading fees, low forex fees
Average trading fees, high non-trading fees, low forex 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 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: 80% 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
Mid-range
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 other EU countries, no protection for residents of all other countries
2014
2011
UK, Cyprus, St Vincent & The Grenadines, Mauritius
Cyprus (and license from South Africa), UK, Mauritius
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.
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 FXTM's and a comparison of their fees shows that ATFX's fees are much higher than FXTM's.
Account opening takes about the same effort at ATFX compared to FXTM, deposit and withdrawal processes are about the same quality at ATFX, while customer service quality is lower than FXTM's.
Our experts rated the trading platform of ATFX as being of the same quality as the platform of FXTM, found that clients have access to slightly less markets and products with ATFX, while FXTM provides just about the same quality of research and education.