Written by ForexBrokers.com
In this head to head comparison of ATFX vs Xtrade, 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.
ATFX, founded in 2017, and Xtrade, established in 2003, are both online brokers that operate without being listed on any stock exchanges, nor are they banks. Comparing their trustworthiness, ATFX holds a ForexBrokers.com Trust Score of 85, which falls into the 'trusted' category, while Xtrade scores a 74, indicating an 'average risk'. This difference is underscored by the number of regulatory licenses each broker holds: ATFX maintains four Tier-1 licenses, regarded as highly trustworthy, and two Tier-2 licenses, which are trusted, compared to Xtrade's one Tier-1 and one Tier-2 license.
| Feature |
ATFX
|
Xtrade
|
|---|---|---|
| Year Founded | 2017 | 2003 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 1 |
| Tier-2 Licenses | 2 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
When it comes to commissions and fees, choosing the right online broker is crucial for traders looking to maximize their investments. ATFX and Xtrade are two brokers that investors might consider, but it's important to understand how they compare in this category. While neither ATFX nor Xtrade provide average spread data, their overall performance in managing fees differs. ATFX earns a rating of 3 stars for its commissions and fees, ranking 59th out of 62 brokers according to ForexBrokers.com.
On the other hand, Xtrade has a slightly lower rating of 2.5 stars in the same category, placing it last at 62nd out of 62 brokers. This suggests that Xtrade might have higher or less competitive fees compared to many of its competitors, including ATFX. Consequently, traders looking to minimize their trading costs might find ATFX to be the slightly better option between the two, although neither broker ranks particularly high in this area.
| Feature |
ATFX
|
Xtrade
|
|---|---|---|
| Minimum Deposit | $500 | $250 |
| 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 | No |
| 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 it comes to the range of investments, both ATFX and Xtrade provide similar offerings in certain areas; however, there are key differences that potential traders should consider. ATFX provides access to forex trading as CFDs or spot contracts, with a choice of 44 tradable forex pairs among 150 available symbols. On the other hand, Xtrade also offers forex trading as CFDs or spot contracts but provides a wider selection, boasting 56 tradable forex pairs out of 482 tradeable symbols overall. While neither broker offers exchange-traded securities on U.S. or international exchanges, they both provide opportunities to trade cryptocurrency derivatives, though not the actual cryptocurrencies themselves.
For those interested in copy trading, ATFX might be the preferred option as it offers this feature, whereas Xtrade does not. Both platforms have been rated 3.5 stars for their range of investments. Yet, when ranked by ForexBrokers.com, Xtrade is positioned higher at 49th compared to ATFX, which is ranked 57th out of 62 brokers. This might reflect Xtrade's broader selection of tradeable assets, offering traders more variety in their investment choices. As always, potential investors should carefully consider their specific trading needs and preferences when choosing between these two brokers.
| Feature |
ATFX
|
Xtrade
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 150 | 482 |
| Forex Pairs (Total) | 44 | 56 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| Social Trading / Copy Trading | Yes | No |
| 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 Xtrade, traders will find unique advantages with each online broker. To start with, both brokers offer simulated trading through free virtual demo accounts, which is excellent for beginners looking to practice their skills without financial risk. ATFX provides the widely-used MetaTrader 4 and MetaTrader 5 platforms, allowing traders to take advantage of advanced features and a Windows-based desktop experience. In contrast, Xtrade delivers a unique proprietary platform that’s accessible via the web, although it lacks options like MetaTrader integration. While Xtrade skips the Windows-based desktop platform, it still provides web-based trading, similar to ATFX.
Moreover, both brokers support trading directly from stock charts, providing convenience for users who value speed and efficiency. Despite offering fewer drawing tools for charting compared to Xtrade’s 100 tools, ATFX provides a decent selection of 15 tools. Watch list customization at ATFX includes seven columns, but Xtrade edges out slightly with nine. When it comes to copying trading opportunities, ATFX comes out on top, offering copy trading options while Xtrade does not. Both brokers are rated 3.5 stars for Trading Platforms and Tools, indicating a comparable level of service, though they occupy different ranks in the ForexBrokers.com listing, with Xtrade slightly ahead at #58 compared to ATFX’s #61. However, individual preferences in platform specifics may sway a trader to favor one over the other.
| Feature |
ATFX
|
Xtrade
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | No | Yes |
| Desktop Platform (Windows) | Yes | No |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | No |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | N/A |
| Charting - Drawing Tools (Total) | 15 | 100 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 9 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When it comes to mobile trading apps, both ATFX and Xtrade offer solid options for iPhone and Android users. However, there are notable differences between the two. ATFX provides a more feature-rich experience, offering price alerts for stocks and forex, the ability to draw trendlines, and multiple time frame views on charts. Furthermore, the ATFX app automatically saves drawings created on charts. On the other hand, Xtrade lacks these features, but despite this, it boasts a higher user satisfaction rating of 4 stars, compared to ATFX’s 3.5 stars.
Neither platform offers watchlist symbol syncing between their mobile apps and online accounts, which might be a downside for some traders. ATFX supports seven technical studies in its charting tools, whereas such information isn't available for Xtrade. While ATFX lets users create watchlists with real-time quotes, Xtrade does not offer this feature. Interestingly, even with its richer feature set, ATFX ranks last among 62 brokers in the mobile trading category by ForexBrokers.com, whereas Xtrade ranks slightly higher at 53.
| Feature |
ATFX
|
Xtrade
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | No |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 7 | N/A |
| Mobile Charting - Draw Trendlines | Yes | No |
| Mobile Charting - Multiple Time Frames | Yes | No |
| Mobile Charting - Drawings Autosave | Yes | No |
| Mobile Watchlist | Yes | No |
Dive deeper: Best Forex Trading Apps.
When comparing ATFX and Xtrade for market research capabilities, both brokers provide daily market commentary and access to an economic calendar, helping traders stay informed about current and upcoming global news events. However, Xtrade offers a slight edge by providing forex news from renowned sources like Bloomberg and Reuters, which isn't available with ATFX. Additionally, while ATFX includes advanced research tools from Autochartist and Trading Central to support technical and fundamental analysis, Xtrade lacks these resources. Neither broker offers sentiment-based trading tools, TipRanks analysis, or research tools from Acuity Trading, aligning them in these aspects.
Despite the differences in their offerings, both brokers receive similar ratings for their research capabilities, with ATFX earning three stars and Xtrade rated marginally higher at 3.5 stars. According to ForexBrokers.com, ATFX is ranked 54th, while Xtrade slightly outperforms with a ranking of 52nd out of 62 brokers in the Research category. This makes Xtrade a preferred option for traders keen on having access to top-tier forex news, while ATFX may appeal to those who prioritize comprehensive technical analysis tools.
| Feature |
ATFX
|
Xtrade
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | Yes | No |
| 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 comparing the educational resources of ATFX and Xtrade for beginners, both brokers provide a basic range of forex and CFDs education with a selection of articles, videos, and archived webinars. ATFX offers a searchable archive of past client webinars, which can be useful for ongoing learning. Additionally, they provide at least ten beginner-friendly videos specifically tailored to new traders, which benefit those just starting on their trading journey. Both brokers feature a comprehensive investor dictionary with more than 50 investing terms to aid in understanding trading jargon.
However, neither ATFX nor Xtrade offers regular monthly webinars or a large selection of advanced educational content for experienced traders. In terms of educational ratings, ATFX is awarded three stars and ranks 28th out of 62 brokers according to ForexBrokers.com, while Xtrade slightly edges ahead with a 3.5-star rating but falls behind in ranking at 46th. Therefore, while both brokers have comparable offerings for beginners, those seeking strong foundational knowledge might find ATFX's resources more accessible, thanks to its range of beginner-focused videos and archived webinars. Meanwhile, Xtrade's higher educational rating might attract those who value content quality over quantity.
| Feature |
ATFX
|
Xtrade
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| 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 Xtrade. ATFX finished with an overall rank of #51, while Xtrade finished with an overall rank of #59.
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
|
Xtrade
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 85 | 74 |
| Range of Investments |
|
|
| Commissions & Fees |
|
|
| Platform & Tools |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
When comparing online brokers ATFX and Xtrade, both do not offer the ability to buy actual delivered cryptocurrency, but each provides the option to purchase cryptocurrency derivatives.
Both ATFX and Xtrade provide Skrill, Visa, Mastercard, and bank wire options for depositing and withdrawing account funds, but neither supports ACH, SEPA, or PayPal transfers.
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 | Xtrade | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platform & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 85 | 74 | |
| Winner | check_circle | ||
| Review | Xtrade Review |
| Broker Screenshots | ATFX | Xtrade | |
|---|---|---|---|
| Trading Platforms Gallery (click to expand) | |||
| Mobile Trading Gallery (click to expand) | |||
| Research Gallery (click to expand) | |||
| Education Gallery (click to expand) |
| Regulation | ATFX | Xtrade | |
|---|---|---|---|
| Trust Score | 85 | 74 | |
| Year Founded | 2017 | 2003 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 4 | 1 | |
| Tier-2 Licenses | 2 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | ATFX | Xtrade | |
|---|---|---|---|
| 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 | Yes |
| Tier-2 Licenses (Trusted) | ATFX | Xtrade | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | Yes | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | ATFX | Xtrade | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 150 | 482 | |
| Forex Pairs (Total) | 44 | 56 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| Social Trading / Copy Trading | Yes | No | |
| 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 | Xtrade | |
|---|---|---|---|
| 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 | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | ATFX | Xtrade | |
|---|---|---|---|
| Minimum Deposit | $500 | $250 | |
| 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 | Xtrade | |
|---|---|---|---|
| Proprietary Platform | No | Yes | |
| Desktop Platform (Windows) | Yes | No | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | ATFX | Xtrade | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | No | |
| Watchlists - Total Fields | 7 | 9 | |
| Charting - Indicators / Studies (Total) | 30 | N/A | |
| Charting - Drawing Tools (Total) | 15 | 100 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | No |
| Mobile Trading | ATFX | Xtrade | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | No | |
| Mobile Watchlist | Yes | No | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 7 | N/A | |
| Mobile Charting - Draw Trendlines | Yes | No | |
| Mobile Charting - Multiple Time Frames | Yes | No | |
| Mobile Charting - Drawings Autosave | Yes | No | |
| Mobile Economic Calendar | Yes | No |
| Research | ATFX | Xtrade | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | No | |
| Economic Calendar | Yes | Yes |
| Education | ATFX | Xtrade | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | ATFX | Xtrade | |
|---|---|---|---|
| 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 | Xtrade Review |
| Overall | ATFX | Xtrade | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platform & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 85 | 74 | |
| Winner | check_circle | ||
| Review | Xtrade Review |
IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Plus500
Pepperstone
FP Markets
Tickmill