Do you want to know which is the better broker between etoro and atfx?
In the following table, you can compare the functions between etoro, atfx, and side by side to determine the most suitable for your trading needs.
You can determine the reliability and credibility of a broker by checking four factors:
1.Forex broker introduction。
2.Are the transaction costs and expenses of etoro, atfx, and lower?
3.Which broker is safer?
4.Which broker provides better trading platform?
Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:
General Information & Regulation
ATFX is a co-brand shared by a group of entities including AT Global Markets (UK) Ltd, which is authorized and regulated by the Financial Conduct Authority (FCA) in the United Kingdom with registration number 760555. The Registered Office: 1st Floor, 32 Cornhill, London EC3V 3SG, United Kingdom. ATFX Global Markets claims itself a multi asset platform with over 57 tradable Assets. Assets available on ATFX Global Markets include Forex, CFDs.
The company provides users with a hundred kinds of CFDs products including currency pairs, precious metals, energy, stocks, and indices. There are 43 currency pairs, precious metals including spot gold, silver, and futures gold; Energies include British crude oil, US crude oil, and US natural gas; 15 indexes are provided, including multi-national stock market indexes and US dollar indexes; 86 well-known corporate stocks listed in Europe and the United States.
There seems one real account and one demo account available on the ATFX platform. Minimum deposits are the minimum amount of money required to open an online brokerage account. ATFX's standard account requires a minimum deposit of 100 GBP.
Leverage allows clients to hold a larger position than the initial cash deposit, and to increase the value of their underlying investment. Leverage increases the potential of high returns when the market moves in their favor. However, leverage will also act against clients when the market moves in the opposite direction to their prediction. The maximum leverage available for precious metal products is 200:1, energies 50:1, indices 100:1, shares 20:1.
Spreads & Commissions
ATFX charges spread only, and forex traders enjoy extremely competitive low spreads. STP straight-through trading mode applied, the lowest floating spread of main currencies is 1.8, the lowest floating spread for minor currencies is 3.0, the lowest floating spread of precious metals is 3.8, the lowest floating spread of energy is 5.0, the lowest floating spread of index is 1.5, and the lowest floating spread of stocks is 0.05. The company does not charge commissions and has no rebate plan. Swap interest needs to be considered as trading costs.
ATFX Trading Platforms
ATFX provides MetaTrader4 (MT4) trading platform, which is one of the world's most well-known and most widely used online trading platforms. Its powerful icon functions, trading indicators, intelligent trading (EAs), are widely loved by investors and are applicable for all traders of different levels of experience. Traders can keep abreast of the latest developments in global forex margin and CFD, and quickly trade through MT4 anytime & anywhere. The platform supports desktop, web use, iPhone, Android version device access.
Deposit & Withdrawal
ATFX accepts deposit and withdrawal via bank wire transfer. The Euro currency and USD currency are also accepted. It does not require any fees if the amount is over 1000USD. The Process will take 3-7 working days (depending on the speed of international wire transfer); the withdrawal fee is zero, and it takes 3-7 working days (depending on the speed of international wire transfers).
To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).
To get a comprehensive understanding of how cheap or expensive etoro and atfx are, we first considered common fees for standard accounts. On etoro, the average spread for the EUR/USD currency pair is -- pips, while on atfx the spread is --.
To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.
etoro is regulated by ASIC,CYSEC,FCA,FSC. atfx is regulated by FCA,CYSEC.
When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.
etoro provides trading platform including -- and trading variety including --. atfx provides trading platform including -- and trading variety including --.