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ATFX vs FXOpen 2025

BrokerNotes.co

Written by BrokerNotes.co

January 23, 2025

Trying to decide between ATFX and FXOpen? We’ve taken the guesswork out of the equation with our Comparison Tool. Use our tool to compare hundreds of data points, side-by-side, to see how these two brokers stack up against each other.

Based on our extensive research, hands-on testing, and expert analysis of over a hundred data-driven variables, we've determined that, overall, ATFX ranks more highly than FXOpen.

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Compare

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Overall Rating ATFX FXOpen
Overall Rating star 7.0 /10 star 6.9 /10 9.5
Offering of Investments star 6.5 /10 star 6.0 /10 9.5
Commissions & Fees star 6.0 /10 star 7.5 /10 9.0
Platform & Tools star 6.5 /10 star 7.5 /10 9.5
Research star 6.0 /10 star 5.5 /10 8.5
Mobile Trading star 6.5 /10 star 7.5 /10 10
Education star 7.5 /10 star 6.0 /10 9.5
Account Type ATFX FXOpen
Standard Trade Size (100,000 units) info Yes Yes Yes
Mini Trade Size (10,000 units) info Yes Yes Yes
Micro Trade Size (1,000 units) info Yes Yes Yes
Islamic Account info No Yes Yes
Deposit/Withdrawal Options ATFX FXOpen
Minimum Deposit info $500 $100 $100
Bank Wire (Deposit/Withdraw) info Yes Yes Yes
Visa/Mastercard (Credit/Debit) info Yes Yes Yes
PayPal (Deposit/Withdraw) info No No Yes
ACH or SEPA Transfers info No No Yes
Copy Trading ATFX FXOpen
Social Trading / Copy Trading info Yes Yes No
DupliTrade info No No No
ZuluTrade info No Yes No
Cryptocurrency ATFX FXOpen
Cryptocurrency (Physical) info No No No
Cryptocurrency (Derivative) info Yes Yes Yes
Bitcoin info Yes Yes Yes
Ethereum info Yes Yes Yes
Forex Trading (Spot or CFDs) ATFX FXOpen
Forex Trading (Spot or CFDs) info Yes Yes Yes
Mobile Trading - Forex or CFDs info Yes Yes Yes
Indices (Index CFDs) ATFX FXOpen
DAX info Yes Yes Yes
Dow Jones info Yes Yes Yes
FTSE info Yes Yes Yes
NASDAQ 100 info Yes Yes Yes
Nikkei info Yes Yes Yes
SP 500 info Yes Yes Yes
Investments ATFX FXOpen
Forex Trading (Spot or CFDs) info Yes Yes Yes
Spread Betting info Yes No No
Social Trading / Copy Trading info Yes Yes No
Metals info Yes Yes Yes
Energies info Yes Yes Yes
Agriculturals info No No Yes
ETF info Yes Yes Yes
U.S. Stocks (CFD) info Yes Yes Yes
Trading Platforms ATFX FXOpen
Apple iOS App info Yes Yes Yes
Android App info Yes Yes Yes
Proprietary Platform info No No Yes
Desktop Platform (Windows) info Yes Yes Yes
Web Platform info Yes Yes Yes
MetaTrader 4 (MT4) info Yes Yes Yes
MetaTrader 5 (MT5) info Yes Yes Yes
Regulatory Licenses ATFX FXOpen
Tier-1 Licenses info 4 2 7
Australia (ASIC Authorised) info Yes No Yes
Canada (CIRO Authorised) info No No Yes
Hong Kong (SFC Authorised) info Yes No No
Japan (SFC Authorised) info No No Yes
Singapore (MAS Authorised) info No No Yes
Switzerland (FINMA Authorised) info No No No
United Kingdom (U.K.) (FCA Authorised) info Yes Yes Yes
USA (CFTC Authorized) info No No Yes
New Zealand (FMA Authorised) info No No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info Yes info Yes
Tier-2 Licenses info 2 0 1
Tier-3 Licenses info 0 0 0
Research, Education ATFX FXOpen
Trading Central (Recognia) info Yes No Yes
Forex News (Top-Tier Sources) info No Yes Yes
Daily Market Commentary info Yes Yes Yes
Autochartist info Yes No No
Investor Dictionary (Glossary) info Yes Yes Yes
Videos - Beginner Trading Videos info Yes No Yes
Client Webinars (Archived) info Yes No Yes
Trading Costs ATFX FXOpen
Minimum Deposit info $500 $100 $100
Average Spread EUR/USD - Standard info N/A info N/A info 1.4
All-in Cost EUR/USD - Active info N/A info N/A info 0.9
Active Trader or VIP Discounts info No Yes Yes
Trading Tools ATFX FXOpen
Watchlists - Total Fields info 7 7 20
Mobile Watchlist info Yes Yes Yes
Charting - Indicators / Studies (Total) info 30 30 88
Mobile Charting - Indicators / Studies info 7 30 88
Trust Factors ATFX FXOpen
Year Founded info 2017 2003 1999
Publicly Traded (Listed) info No No Yes
Bank info No No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info Yes info Yes
Trust Score info 85 76 99
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ATFX vs FXOpen Comparison

Comparing forex brokers side by side is no easy task. Our research team has collected thousands of data points, written hundreds of thousands of words of research, and tested over 60 brokers to help you find the best forex brokers in the industry. Trying to decide between ATFX and FXOpen? Our independent database powered by our unbiased research will help you compare ATFX vs FXOpen side-by-side.

What is Trust Score?

Trust Score is a data-driven rating system that provides an at-a-glance rating of a broker’s overall trust by tracking 60+ brokers and over 100 regulatory jurisdictions across the globe. To make things clearer for everyday traders, we’ve created a five-tier system for regulators and Trust Score rating labels. Learn more about Trust Score, and check out our country guides to see the most trusted brokers in your country of residence.

Can I trust ATFX?

ATFX has a Trust Score of 85, giving it a "Trusted" Trust Score Label.

Can I trust FXOpen?

FXOpen has a Trust Score of 76, giving it a "Average Risk" Trust Score Label.

Is ATFX a good broker?

Founded in 2015, ATFX is regulated in the U.K. by the FCA, but its lack of additional substantial regulatory licenses pulls down the broker's overall Trust Score. ATFX offers the popular MetaTrader 4 platform, but hasn't yet produced its own proprietary trading platform. ATFX demonstrates potential as a relatively new forex broker, but still has considerable room to improve across several key categories, such as its available range of markets and variety of trading platforms.

Is FXOpen a good broker?

Founded in 2003, FXOpen is a trusted broker that is regulated in multiple Tier-1 regulatory jurisdictions, boosting its overall Trust Score. FXOpen offers the full MetaTrader suite (both MT4and MT5) alongside the TickTrader platform, though the broker's MetaTrader offering is relatively unimpressive. With an extremely small number of tradeable markets and a limited selection of educational materials, FXOpen simply can't compete with the best forex brokers.

What Tier-1 jurisdictions is each broker regulated in?

Tier-1 is reserved for the strictest, most stringent regulatory jurisdictions in the world. Tier-1 regulators impose additional capital requirements and require a tougher initial screening process. ATFX holds regulatory licenses in the following Tier-1 jurisdictions: Australia (ASIC Authorised), Hong Kong (SFC Authorised) and United Kingdom (U.K.) (FCA Authorised). FXOpen, on the other hand, is licensed in these Tier-1 regulatory jurisdictions: United Kingdom (U.K.) (FCA Authorised). Neither have Canada (CIRO Authorised), CBI Authorised (Ireland), Japan (SFC Authorised), Singapore (MAS Authorised), New Zealand (FMA Authorised), Switzerland (FINMA Authorised) and USA (CFTC Authorized)

What Tier-2 jurisdictions is each broker regulated in? What about Tier-3?

Tier-2 and tier-3 licenses are still important in evaluating the overall trustworthiness of forex brokers. As far as tier-2 licenses go, ATFX is Cyprus (CySEC Authorised) and South Africa (FSCA Authorised), while FXOpen is Cyprus (CySEC Authorised).. Neither have China (CBRC Authorised), India (SEBI Authorised), Israel (ISA Authorised), Russia (CBR Authorised), Thailand (SEC Authorised) and UAE (DFSA/Central Bank Authorised). When comparing tier-3 licenses ATFX is Mauritius (FSC Authorised), while FXOpen is none.. Neither have Bahamas (SCB Authorised), Belize (FSC Authorised), Bermuda (BMA Authorised), British Virgin Islands (FSC Authorised), Cayman Islands (CIMA Authorised) and Vanuatu (VFSC Authorised).

Which broker offers more trading platforms?

Whether your broker develops its own proprietary platforms or provides access to popular third-party platforms, you should make sure you can use your preferred type of trading platform. In our testing, we found that ATFX offers a Desktop Platform (Windows), whereas FXOpen supports a Desktop Platform (Windows) and ZuluTrade. Neither have Proprietary Platform, cTrader and DupliTrade

Does ATFX offer MetaTrader? Does FXOpen offer MetaTrader?

Both ATFX and FXOpen offer the whole MetaTrader suite, which consists of both MetaTrader 4 and MetaTrader 5. If you’re new to MetaTrader 4 here’s our educational guide on how to use MT4.

How do ATFX and FXOpen differ in terms of minimum deposit? What about average spreads and funding options?

ATFX requires a minimum deposit of $500, while FXOpen requires a minimum deposit of $100. You'll also want to make sure that your broker accepts the funding options and deposit methods that work best for you. In our testing, we've found that both ATFX and FXOpen offer Bank Wire (Deposit/Withdraw), Visa/Mastercard (Credit/Debit) and Skrill (Deposit/Withdraw) for deposits. Neither have PayPal (Deposit/Withdraw)

Which broker offers more tradeable asset classes, ATFX or FXOpen?

When choosing a forex broker, it’s important to consider each broker’s available investment products and tradeable asset classes. We’ve researched each broker’s individual offering of investments to help you pick the right broker for what you want to trade. During our testing, we found that ATFX delivers a more diverse selection of investment options than FXOpen, offering tradeable asset classes and investment types such as Forex Trading (Spot or CFDs), Spread Betting, Social Trading / Copy Trading, Metals, Energies, ETF and U.S. Stocks (CFD). Neither have Agriculturals.

We also keep track of each broker’s total number of tradeable symbols; ATFX offers 150, and FXOpen offers a total of 87 tradeable symbols.

Can I trade cryptocurrency with ATFX or FXOpen?

Crypto trading has become popular among forex traders across a range of international jurisdictions. As a result, many forex brokers now offer crypto products to their clients; most crypto assets are offered either as an underlying physical asset (such as when you own actual bitcoin assets, for example) or as a derivative product like a CFD. If you are looking to trade physical cryptocurrencies, you’ll find that neither ATFX nor FXOpen allow you to trade physical cryptocurrencies.

Who offers more research tools, ATFX or FXOpen?

Market research plays a huge role in any forex trader’s ability to conduct analysis within the global forex market. We test each broker’s research offering to help you decide which broker is right for your technical or fundamental analysis needs. ATFX delivers the following research tools: Autochartist, Daily Market Commentary, Stock Charts, Trading Central (Recognia) and Social Trading / Copy Trading. FXOpen, on the other hand, provides the tools listed here: Daily Market Commentary, Stock Charts, Forex News (Top-Tier Sources) and Social Trading / Copy Trading

Broker Reviews

Still looking for more information, read our broker reviews.

ATFX Review

FXOpen Review

Overall winner: FXOpen

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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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