B
ATFX logo

ATFX

6.8/10
AvaTrade logo

AvaTrade

6.9/10
5/10RegulationWinner7/10
8/10WinnerFees1/10
7/10PlatformsWinner9/10
6/10WinnerEducation & Research4/10
4/10Deposits & WithdrawalsWinner8.5/10
10/10SupportTied10/10

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Overview

ATFX was founded in 2014 and is headquartered in Cyprus, while AvaTrade was established in 2006 and is based in The British Virgin Islands. ATFX holds licences including Cyprus Securities and Exchange Commission (CySEC), while AvaTrade is regulated by Central Bank of Ireland among others. ATFX serves 10,000+ clients worldwide; AvaTrade has 200,000+. The minimum deposit is $100 at ATFX and $250 at AvaTrade.

AvaTrade wins this category
FeatureATFXAvaTrade
Min. Deposit$100$250
RegulationCyprus Securities and Exchange Commission (CySEC)Central Bank of Ireland, Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Financial Stability Board (FSB), British Virgin Islands Financial Services Commission (BVI)
Founded20142006
CountryCyprusThe British Virgin Islands
Clients10,000+200,000+

Fees

Fees are a critical factor when choosing between ATFX and AvaTrade, directly affecting your bottom line as a trader. ATFX has a lower barrier to entry with a minimum deposit of $100 (vs $250 at AvaTrade). Neither broker charges withdrawal fees. Overall, ATFX scores higher on fees in our assessment.

ATFX wins this category
FeatureATFXAvaTrade
Min. Deposit$100$250
Withdrawal FeesNoNo
Inactivity FeesNoNo
Deposit FeesNoNo
CFD FeesNoNo

Platforms

ATFX offers MT5, cTrader, while AvaTrade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. AvaTrade supports social and copy trading features, which ATFX does not offer. AvaTrade edges ahead on platform breadth and functionality in our scoring.

AvaTrade wins this category
FeatureATFXAvaTrade
MT4NoYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, Mac, Web Trader, Tablet & Mobile appsMT4, Mac, Mirror Trader, ZuluTrade, Web Trader, Tablet & Mobile apps

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how ATFX and AvaTrade compare. ATFX runs regular live webinars; AvaTrade does not. Both provide video tutorials. ATFX publishes daily market commentary; AvaTrade does not. Both integrate third-party research tools. ATFX maintains an archive of past webinars for on-demand viewing. ATFX scores higher overall in education and research.

ATFX wins this category
FeatureATFXAvaTrade
Forex EducationNoYes
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistNoYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. ATFX accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while AvaTrade supports 4 (bank transfer, credit/debit card, PayPal, Neteller). AvaTrade uniquely supports PayPal and Neteller among the two brokers. AvaTrade scores higher on deposit and withdrawal flexibility.

AvaTrade wins this category
FeatureATFXAvaTrade
Bank TransferYesYes
Credit CardYesYes
PayPalNoYes
SkrillNoNo
NetellerNoYes

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both ATFX and AvaTrade offer live chat support. Both provide phone support. Email support is available at both brokers. ATFX supports 2 languages and AvaTrade supports 6, giving AvaTrade broader global reach. Both brokers are comparable on support quality.

Tied
FeatureATFXAvaTrade
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Italian, German, French, Greek, and Hebrew