Written by ForexBrokers.com
In this head to head comparison of Spreadex vs ATFX, 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.
Spreadex and ATFX are two online brokers that offer trading options for individuals looking to participate in the financial markets. Founded in 1999, Spreadex has been in operation for a substantial period of time. It holds a single Tier-1 license, which signifies a high level of trust, according to ForexBrokers.com. Despite its long tenure in the industry, Spreadex has a Trust Score rating of 71, putting it in the average risk category. It's worth noting that Spreadex is not publicly traded and does not operate as a bank.
In contrast, ATFX, which started in 2017, has quickly built a solid reputation with a higher Trust Score rating of 85. This score places ATFX in the trusted category. The broker stands out with four Tier-1 licenses, reflecting its commitment to maintaining high regulatory standards. Additionally, ATFX has two Tier-2 licenses, further establishing its credibility. Like Spreadex, ATFX is not publicly traded and does not function as a bank. These factors contribute to its standing as a reliable choice for traders seeking an online broker.
| Feature |
Spreadex
|
ATFX
|
|---|---|---|
| Year Founded | 1999 | 2017 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 4 |
| Tier-2 Licenses | 0 | 2 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 1 |
When comparing the commissions and fees of online brokers Spreadex and ATFX, both cater to different preferences for traders. Spreadex offers competitive pricing with average spreads of 0.81 pips on EUR/USD in January 2024, with a minimum spread of 0.6 pips achieved 60% of the time. This suggests that Spreadex provides a predictable spread range for traders looking for consistency in costs.
Unfortunately, ATFX does not provide average spread data, making it difficult to compare directly with Spreadex. This lack of transparency can influence traders when they look for predictable trading costs. Despite this, ATFX still maintains a notable presence in the market.
Spreadex boasts a 4-star rating from ForexBrokers.com, reflecting its overall favorable cost structure, and holds a respectable #30 ranking out of 62 brokers for commissions and fees. In contrast, ATFX is rated 3 stars and ranks #59 in the same category, indicating its relatively average standing in terms of fee competitiveness. These ratings and rankings provide a useful perspective for traders evaluating each broker's pricing structure.
| Feature |
Spreadex
|
ATFX
|
|---|---|---|
| Minimum Deposit | $0 | $500 |
| Average Spread EUR/USD - Standard | 0.81 | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts | No | No |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | No | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Spreadex and ATFX both offer forex trading as a CFD or spot contract, catering to traders interested in the currency market. However, Spreadex boasts an impressive offering with 10,000 tradeable symbols, compared to ATFX's more modest 150. This wide range of options extends to forex pairs as well, where Spreadex offers 52 pairs, slightly edging out ATFX's 44. While neither broker provides the ability to trade exchange-traded securities on U.S. or international exchanges, both allow trading of cryptocurrency derivatives, though actual cryptocurrency buying is not available with either.
In terms of user features, Spreadex does not support copy trading, whereas ATFX offers this capability, appealing to those who prefer to mimic the trades of experienced investors. Despite this, Spreadex's vast array of tradeable instruments earns it a higher rating of five stars and a #13 ranking by ForexBrokers.com for range of investments, significantly outperforming ATFX, which is rated 3.5 stars and ranked #57. This suggests that while ATFX may be suitable for traders seeking the copy trading feature, Spreadex’s broader selections might better attract those who prioritize variety in their investment opportunities.
| Feature |
Spreadex
|
ATFX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 10000 | 150 |
| Forex Pairs (Total) | 52 | 44 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| Social Trading / Copy Trading | No | 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 Spreadex and ATFX, each brings unique features to their trading platforms and tools that may appeal differently to users. Spreadex shines with its in-house developed proprietary platform and a strong web-based trading option, allowing for convenient browser access to trades. In contrast, ATFX lacks a proprietary platform but compensates with support for MetaTrader 4 and MetaTrader 5, along with a Windows-based desktop platform, catering well to traders familiar with these popular tools. Additionally, ATFX offers a free demo account and copy trading, giving beginners a chance to practice and learn from experienced traders, a feature not available with Spreadex.
Both brokers support trading directly from a stock chart and offer web-based platforms, allowing users flexibility in how they engage with their trades. On the charting front, Spreadex provides 11 drawing tools, while ATFX offers 15, both essential for technical analysis. When it comes to customizing watch lists, Spreadex offers slightly more fields with 8 columns compared to ATFX’s 7. Rating-wise, Spreadex scores 4 stars compared to ATFX’s 3.5 stars for their trading platforms and tools, reflecting its strengths. According to ForexBrokers.com, Spreadex holds the 46th rank out of 62 brokers, comfortably outperforming ATFX, which stands at 61st, underscoring the diverse considerations traders may need to weigh when choosing between these two brokers.
| Feature |
Spreadex
|
ATFX
|
|---|---|---|
| Virtual Trading (Demo) | No | Yes |
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | No | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 55 | 30 |
| Charting - Drawing Tools (Total) | 11 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 8 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of Spreadex and ATFX, both brokers provide apps for iPhone and Android, ensuring you can trade seamlessly regardless of your device preference. Each app allows for setting stock or forex price alerts, keeping you informed of market movements wherever you are. However, neither broker offers watchlist symbol syncing between their apps and online accounts, so any changes made to your watchlist will need to be updated manually in both locations. When it comes to technical studies for charting, ATFX offers a more detailed approach with seven available, while Spreadex does not specify the number. Both platforms allow users to draw trendlines and view multiple time frames on their charts, but only ATFX's app saves these drawings automatically.
Creating watchlists with real-time quotes is possible on both Spreadex and ATFX apps, enabling you to track your favorite stocks and forex pairs promptly. Spreadex edges out ATFX with a slightly higher mobile trading app rating of 4 stars compared to ATFX's 3.5 stars. When considering user feedback, Spreadex holds the 49th spot in ForexBrokers.com's ranking of 62 brokers, whereas ATFX is positioned at 62nd. This might suggest a preference for Spreadex in terms of overall user satisfaction and application features, supporting a smoother trading experience on the go.
| Feature |
Spreadex
|
ATFX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | N/A | 7 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | No | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing Spreadex and ATFX for market research, both platforms provide daily market commentary, ensuring that traders stay informed on economic trends. However, Spreadex stands out by offering forex news updates from top-tier sources such as Bloomberg, Reuters, and Dow Jones, whereas ATFX does not. On the contrary, ATFX provides technical analysis tools from Autochartist and Trading Central, which are absent in Spreadex's offerings. This makes ATFX a viable choice for traders who prioritize technical analysis tools.
Spreadex excels in offering unique sentiment-based trading tools, giving traders insights into the ratio of long or short positions across various currency pairs, a feature not present in ATFX. Additionally, both brokers deliver economic calendars for tracking global news events. However, Spreadex's overall research capabilities earn it a 4-star rating and a #31 rank out of 62 brokers on ForexBrokers.com, compared to ATFX's 3-star rating and a #54 rank. Whether prioritizing sentiment analysis or expert news sources, Spreadex offers a comprehensive research experience, while ATFX brings advanced technical analysis tools to the table.
| Feature |
Spreadex
|
ATFX
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | Yes |
| Trading Central (Recognia) | No | Yes |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing Spreadex and ATFX for educational resources aimed at beginner traders, both brokers offer a solid foundation with a variety of materials. Each provides at least ten educational pieces focused on forex or CFDs, ensuring newcomers have ample access to fundamental information. Additionally, both brokers offer a collection of beginner-focused videos, helping newcomers grasp trading concepts. Spreadex offers an investor dictionary with over 50 investing terms, a feature mirrored by ATFX. However, Spreadex earns a higher education rating of 4 out of 5 stars compared to ATFX's 3 stars.
Despite their strengths, both brokers lack some advanced offerings. Neither provides online client webinars or advanced educational videos for seasoned traders. However, ATFX does offer a searchable archive of previously recorded webinars, giving learners access to past sessions, unlike Spreadex. In educational rankings, ATFX sits higher at #28, while Spreadex is at #45 out of 62 brokers. These differences highlight ATFX's slightly broader educational reach, despite the higher individual ratings for Spreadex.
| Feature |
Spreadex
|
ATFX
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | No |
| Client Webinars (Archived) | No | Yes |
| 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 Spreadex is better than ATFX. Spreadex finished with an overall rank of #39, while ATFX finished with an overall rank of #51.
Spreadex is an FCA-regulated broker in the UK, offering forex and CFDs, and is well known for its sports betting business, and proprietary web trading platforms. Spreadex still has considerable room to improve, in key categories such as research and education, compared to the best forex brokers.
| Feature |
Spreadex
|
ATFX
|
|---|---|---|
| Overall Rating |
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| Trust Score | 71 | 85 |
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Both Spreadex and ATFX do not offer the option to purchase actual cryptocurrency but provide the ability to trade cryptocurrency derivatives.
When comparing the online brokers Spreadex and ATFX, both do not support ACH, SEPA, or PayPal for fund transactions, but while ATFX offers Skrill as a deposit and withdrawal option, Spreadex does not; however, both platforms accept Visa, Mastercard, and bank wires for transactions.
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.
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0 of 5| Overall Rating | Spreadex | ATFX | |
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| Trust Score | 71 | 85 | |
| Winner | check_circle | ||
| Review | Spreadex Review |
| Broker Screenshots | Spreadex | ATFX | |
|---|---|---|---|
| Trading Platforms Gallery (click to expand) | |||
| Mobile Trading Gallery (click to expand) | |||
| Research Gallery (click to expand) | |||
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| Regulation | Spreadex | ATFX | |
|---|---|---|---|
| Trust Score | 71 | 85 | |
| Year Founded | 1999 | 2017 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 1 | 4 | |
| Tier-2 Licenses | 0 | 2 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 1 |
| Tier-1 Licenses (Highly Trusted) | Spreadex | ATFX | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | Yes | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | Yes | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes |
| Tier-2 Licenses (Trusted) | Spreadex | ATFX | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Spreadex | ATFX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 10000 | 150 | |
| Forex Pairs (Total) | 52 | 44 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| Social Trading / Copy Trading | No | 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 | Spreadex | ATFX | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.81 | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | No | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Spreadex | ATFX | |
|---|---|---|---|
| Minimum Deposit | $0 | $500 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | Spreadex | ATFX | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | No | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Spreadex | ATFX | |
|---|---|---|---|
| Virtual Trading (Demo) | No | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 8 | 7 | |
| Charting - Indicators / Studies (Total) | 55 | 30 | |
| Charting - Drawing Tools (Total) | 11 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Spreadex | ATFX | |
|---|---|---|---|
| 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 | N/A | 7 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | No | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Spreadex | ATFX | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | No | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Spreadex | ATFX | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | No | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | Spreadex | ATFX | |
|---|---|---|---|
| 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 | Spreadex Review |
| Overall | Spreadex | ATFX | |
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| Trust Score | 71 | 85 | |
| Winner | check_circle | ||
| Review | Spreadex Review |
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