ATFX
Choicetrade
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
ATFX was founded in 2014 and is headquartered in Cyprus, while Choicetrade was established in 2009 and is based in United States. ATFX holds licences including Cyprus Securities and Exchange Commission (CySEC), while Choicetrade is regulated by Unregulated among others. ATFX serves 10,000+ clients worldwide; Choicetrade has 10,000+. The minimum deposit is $100 at ATFX and $250 at Choicetrade.
| Feature | ATFX | Choicetrade |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC) | Unregulated |
| Founded | 2014 | 2009 |
| Country | Cyprus | United States |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between ATFX and Choicetrade, directly affecting your bottom line as a trader. ATFX has a lower barrier to entry with a minimum deposit of $100 (vs $250 at Choicetrade). Choicetrade charges withdrawal fees while ATFX does not, giving ATFX an edge for frequent withdrawers. Overall, ATFX scores higher on fees in our assessment.
| Feature | ATFX | Choicetrade |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | Yes |
Platforms
ATFX offers MT5, cTrader, while Choicetrade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Choicetrade edges ahead on platform breadth and functionality in our scoring.
| Feature | ATFX | Choicetrade |
|---|---|---|
| MT4 | No | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, Mac, Web Trader, Tablet & Mobile apps | cTrader, SocialTrading, copyTrading, webPlatform, DesktopPlatform, Proprietary . |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how ATFX and Choicetrade compare. ATFX runs regular live webinars; Choicetrade does not. ATFX has a video library; Choicetrade does not. ATFX publishes daily market commentary; Choicetrade does not. ATFX integrates third-party research tools (Trading Central); Choicetrade does not. ATFX maintains an archive of past webinars for on-demand viewing. ATFX scores higher overall in education and research.
| Feature | ATFX | Choicetrade |
|---|---|---|
| Forex Education | No | No |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | No | No |
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 Choicetrade supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | ATFX | Choicetrade |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both ATFX and Choicetrade 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.
| Feature | ATFX | Choicetrade |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |