Written by ForexBrokers.com
In this head to head comparison of ATFX vs Alpari, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
When comparing the online brokers ATFX and Alpari, it's clear that ATFX, which was founded in 2017, holds certain advantages in terms of trust and regulation. Despite being relatively new, ATFX has achieved a Trust Score of 85 out of 99 according to ForexBrokers.com, categorizing it as a trusted broker. This is supported by its four Tier-1 licenses, which are highly regarded in the industry, and two Tier-2 licenses, adding to its credibility. It's worth noting that ATFX is neither publicly traded nor a bank, much like Alpari.
In contrast, Alpari, established in 1998, holds a notably lower Trust Score of 68, placing it in the high-risk category. Unlike ATFX, Alpari does not possess any Tier-1 or Tier-2 licenses, which could affect its reliability in the eyes of traders. As with ATFX, Alpari is also not a public company or a banking institution. These factors highlight ATFX's stronger positioning in terms of regulatory compliance and client trust when compared to Alpari.
| Feature |
ATFX
|
Alpari
|
|---|---|---|
| Year Founded | 2017 | 1998 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 0 |
| Tier-2 Licenses | 2 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
When it comes to comparing the commissions and fees of online brokers ATFX and Alpari, there are some notable differences in their ratings and rankings. ATFX holds a modest three-star rating in this category. In contrast, Alpari achieves a higher rating of four stars, indicating a more client-friendly fee structure. Unfortunately, specific average spread data for both brokers isn't available, making a direct cost comparison challenging.
ATFX's ranking for commissions and fees places it near the bottom, taking the 59th spot out of 62 brokers, according to ForexBrokers.com. This suggests that its fee structure might not be as competitive compared to other brokers in the industry.
Alpari, on the other hand, is ranked 41st out of 62 brokers in the same category. This higher ranking reflects its relatively better fee system, making it a potentially more economical choice for traders concerned with trading costs.
| Feature |
ATFX
|
Alpari
|
|---|---|---|
| Minimum Deposit | $500 | $20 |
| Average Spread EUR/USD - Standard | N/A | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts | No | Yes |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing ATFX and Alpari for their available range of investments, both platforms offer forex trading as a CFD or spot contract, ensuring flexibility for forex enthusiasts. ATFX boasts a larger selection of 150 tradeable symbols, slightly surpassing Alpari's offering of 105. However, Alpari edges ahead in providing a more extensive list of tradeable forex pairs, offering 46 compared to ATFX's 44.
Neither ATFX nor Alpari offers exchange traded securities on U.S. exchanges, but Alpari provides an advantage by allowing access to international exchange traded securities, such as shares from the London Stock Exchange. Both brokers accommodate traders interested in cryptocurrency derivatives, although neither supports the purchase of actual cryptocurrencies. On the copy trading front, both platforms offer these services. In overall ratings, ATFX achieves a 3.5-star rating for its range of investments, ranking 57th out of 62 brokers on ForexBrokers.com, while Alpari follows closely with a 3-star rating and ranks 62nd.
| Feature |
ATFX
|
Alpari
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 150 | 105 |
| Forex Pairs (Total) | 44 | 46 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
When comparing the trading platforms and tools of ATFX and Alpari, both brokers provide a range of features to suit diverse trading needs. Both offer simulated trading with free virtual demo accounts, allowing users to familiarize themselves with their platforms before diving into real trades. Besides this, they provide both Windows-based desktop platforms and web-based platforms for versatile access. Copy trading is also supported by both ATFX and Alpari, providing traders opportunities to follow successful strategies. While they both lack proprietary platforms, Alpari does offer its own developed platform, giving it a slight edge in innovation. Additionally, both brokers support popular trading tools MetaTrader 4 and MetaTrader 5, though neither offers partnerships with DupliTrade or ZuluTrade.
Both platforms are well-equipped with 15 drawing tools for charting, the capability of trading directly from stock charts, and seven columns available for customized watch lists. However, there's a noticeable difference in user ratings and industry rankings. ATFX receives a 3.5-star rating in trading platforms and tools, falling behind Alpari's 4-star rating. This reflects in their rankings by ForexBrokers.com, where ATFX places near the bottom at 61st out of 62 brokers, while Alpari ranks 55th, indicating a more favorable standing within competitive market analysis. For traders seeking comprehensive trading tools and a bit more customization, Alpari may present a more appealing choice. However, both offer fundamental features that cater to standard trading operations efficiently.
| Feature |
ATFX
|
Alpari
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | No | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | 30 |
| Charting - Drawing Tools (Total) | 15 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of ATFX and Alpari, both brokers offer convenient trading platforms for iPhone and Android users. They ensure traders receive price alerts for stock and forex markets on their devices. However, neither app provides syncing for watchlist symbols between the mobile app and the user’s online account. In terms of charting tools, ATFX offers 7 technical studies, while Alpari stands out with 30, providing a more comprehensive technical analysis experience. Both apps allow users to draw trendlines and view various time frames, but ATFX's app has the upper hand as it automatically saves chart drawings, a feature not available with Alpari.
For traders looking to keep track of real-time market movements, both ATFX and Alpari empower users to create watchlists with live quotes. Despite this, Alpari's app receives higher praise, scoring 4 out of 5 stars compared to ATFX's 3.5 stars. Furthermore, according to ForexBrokers.com rankings, Alpari is in the 56th spot out of 62 brokers surveyed for mobile trading, while ATFX lags at the 62nd position. While both apps offer essential functionalities for traders, Alpari's mobile platform seems to provide broader capabilities and superior user satisfaction.
| Feature |
ATFX
|
Alpari
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 7 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing ATFX and Alpari for market research offerings, ATFX stands out with daily market commentary and multiple tools for technical and fundamental analysis, including those from Autochartist and Trading Central. On the other hand, Alpari provides forex news from leading sources like Bloomberg and Reuters but lacks tools from Trading Central. Both brokers provide vital resources such as economic calendars and tools from Autochartist, catering to traders looking for global news coverage and analytic insights.
In terms of market research ratings, both ATFX and Alpari receive a three-star rating. However, ATFX is ranked 54th among 62 brokers, slightly ahead of Alpari, which is ranked 57th. While neither broker offers sentiment-based trading tools or research from companies like TipRanks or Acuity Trading, they each bring unique advantages to traders with a focus on diverse research tools and comprehensive market data presentation.
| Feature |
ATFX
|
Alpari
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | Yes | Yes |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | No | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginner traders, both ATFX and Alpari provide a solid foundation with at least 10 educational materials focused on forex or CFDs. These resources include articles, videos, and archived webinars. Furthermore, both brokers offer a selection of over 10 beginner-friendly videos designed to help newcomers get a grip on trading fundamentals. Additionally, to help demystify the complex world of trading terminology, they each provide an investor dictionary with over 50 investing terms. However, if you're interested in educational webinars, neither platform hosts regular live events. ATFX does have an edge with a searchable archive of past webinars, whereas Alpari lacks this feature.
While ATFX and Alpari both receive a 3-star rating for their educational offerings, ATFX holds a better rank at #28 out of 62 brokers, compared to Alpari’s #48. This slight advantage could make ATFX a more appealing option for beginners seeking a diversified learning experience. Despite neither broker providing advanced educational videos for experienced traders, both make a commendable effort to cater to the educational needs of new traders exploring the market for the first time.
| Feature |
ATFX
|
Alpari
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | No |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that ATFX is better than Alpari. ATFX finished with an overall rank of #51, while Alpari finished with an overall rank of #57.
ATFX primarily offers the MetaTrader platform suite from its regulated brands in the EU via Cyprus, and the UK, as well as its offshore entity in Mauritius. ATFX has made progress although still trails behind the best brokers when it comes to the range of investment products it offers and the available trading platforms.
| Feature |
ATFX
|
Alpari
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 85 | 68 |
| Range of Investments |
|
|
| Commissions & Fees |
|
|
| Platform & Tools |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
Both ATFX and Alpari do not offer the option to buy actual delivered cryptocurrency, but they do provide the ability to trade cryptocurrency derivatives.
Both ATFX and Alpari provide convenient options for depositing and withdrawing funds, supporting Skrill, Visa, Mastercard, and bank wire transfers, but neither offers ACH, SEPA, or PayPal as transaction methods.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
Select Brokers
↓×Compare
0 of 5| Overall Rating | ATFX | Alpari | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platform & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 85 | 68 | |
| Winner | check_circle | ||
| Review |
| Broker Screenshots | ATFX | Alpari | |
|---|---|---|---|
| Trading Platforms Gallery (click to expand) | |||
| Mobile Trading Gallery (click to expand) | |||
| Research Gallery (click to expand) | |||
| Education Gallery (click to expand) |
| Regulation | ATFX | Alpari | |
|---|---|---|---|
| Trust Score | 85 | 68 | |
| Year Founded | 2017 | 1998 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 4 | 0 | |
| Tier-2 Licenses | 2 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | ATFX | Alpari | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | Yes | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | ATFX | Alpari | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | ATFX | Alpari | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 150 | 105 | |
| Forex Pairs (Total) | 44 | 46 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | ATFX | Alpari | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | ATFX | Alpari | |
|---|---|---|---|
| Minimum Deposit | $500 | $20 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | ATFX | Alpari | |
|---|---|---|---|
| Proprietary Platform | No | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | ATFX | Alpari | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 30 | |
| Charting - Drawing Tools (Total) | 15 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | ATFX | Alpari | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 7 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | No | |
| Mobile Economic Calendar | Yes | Yes |
| Research | ATFX | Alpari | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | Yes | Yes | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | No | |
| Economic Calendar | Yes | Yes |
| Education | ATFX | Alpari | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | ATFX | Alpari | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review |
| Overall | ATFX | Alpari | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platform & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 85 | 68 | |
| Winner | check_circle | ||
| Review |
IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Plus500
Pepperstone
FP Markets
Tickmill