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ATFX logo

ATFX

6.8/10

Finmax

5.6/10
5/10WinnerRegulation3/10
8/10FeesWinner10/10
7/10PlatformsWinner9/10
6/10WinnerEducation & Research0/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

ATFX was founded in 2014 and is headquartered in Cyprus, while Finmax was established in 2008 and is based in Bulgaria. ATFX holds licences including Cyprus Securities and Exchange Commission (CySEC), while Finmax is regulated by Financial Services Authority (FSA) among others. ATFX serves 10,000+ clients worldwide; Finmax has 10,000+. The minimum deposit is $100 at ATFX and $0 at Finmax.

ATFX wins this category
FeatureATFXFinmax
Min. Deposit$100$0
RegulationCyprus Securities and Exchange Commission (CySEC)Financial Services Authority (FSA)
Founded20142008
CountryCyprusBulgaria
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between ATFX and Finmax, directly affecting your bottom line as a trader. Finmax has a lower barrier to entry with a minimum deposit of $0 (vs $100 at ATFX). Neither broker charges withdrawal fees. Finmax applies inactivity fees on dormant accounts; ATFX does not. Overall, Finmax scores higher on fees in our assessment.

Finmax wins this category
FeatureATFXFinmax
Min. Deposit$100$0
Withdrawal FeesNoNo
Inactivity FeesNoYes
Deposit FeesNoNo
CFD FeesNoNo

Platforms

ATFX offers MT5, cTrader, while Finmax supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Finmax edges ahead on platform breadth and functionality in our scoring.

Finmax wins this category
FeatureATFXFinmax
MT4NoYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, Mac, Web Trader, Tablet & Mobile appsMT4,MT5

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how ATFX and Finmax compare. ATFX runs regular live webinars; Finmax does not. ATFX has a video library; Finmax does not. ATFX publishes daily market commentary; Finmax does not. ATFX integrates third-party research tools (Trading Central); Finmax does not. ATFX maintains an archive of past webinars for on-demand viewing. ATFX scores higher overall in education and research.

ATFX wins this category
FeatureATFXFinmax
Forex EducationNoNo
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistNoNo

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 Finmax supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureATFXFinmax
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 Finmax 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
FeatureATFXFinmax
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese