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ATFX logo

ATFX

6.8/10

Blitzbrokers

6.3/10
5/10RegulationTied5/10
8/10FeesWinner10/10
7/10PlatformsTied7/10
6/10WinnerEducation & Research4/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

ATFX was founded in 2014 and is headquartered in Cyprus, while Blitzbrokers was established in 1982 and is based in Hong Kong. ATFX holds licences including Cyprus Securities and Exchange Commission (CySEC), while Blitzbrokers is regulated by Securities and Futures Commission (SFC) among others. ATFX serves 10,000+ clients worldwide; Blitzbrokers has 10,000+. The minimum deposit is $100 at ATFX and $1 at Blitzbrokers.

ATFX wins this category
FeatureATFXBlitzbrokers
Min. Deposit$100$1
RegulationCyprus Securities and Exchange Commission (CySEC)Securities and Futures Commission (SFC)
Founded20141982
CountryCyprusHong Kong
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between ATFX and Blitzbrokers, directly affecting your bottom line as a trader. Blitzbrokers has a lower barrier to entry with a minimum deposit of $1 (vs $100 at ATFX). Neither broker charges withdrawal fees. Overall, Blitzbrokers scores higher on fees in our assessment.

Blitzbrokers wins this category
FeatureATFXBlitzbrokers
Min. Deposit$100$1
Withdrawal FeesNoNo
Inactivity FeesNoNo
Deposit FeesNoNo
CFD FeesNoNo

Platforms

ATFX offers MT5, cTrader, while Blitzbrokers supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Blitzbrokers supports social and copy trading features, which ATFX does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureATFXBlitzbrokers
MT4NoNo
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, Mac, Web Trader, Tablet & Mobile appsDesktop,WEB,Android

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how ATFX and Blitzbrokers compare. ATFX runs regular live webinars; Blitzbrokers does not. Both provide video tutorials. ATFX publishes daily market commentary; Blitzbrokers 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
FeatureATFXBlitzbrokers
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 Blitzbrokers supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureATFXBlitzbrokers
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoNo
NetellerNoNo

Support

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

Tied
FeatureATFXBlitzbrokers
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese