ATFX
Forex Financial Services
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Overview
ATFX was founded in 2014 and is headquartered in Cyprus, while Forex Financial Services was established in 2008 and is based in Australia. ATFX holds licences including Cyprus Securities and Exchange Commission (CySEC), while Forex Financial Services is regulated by Australian Securities and investment Commission (ASIC) among others. ATFX serves 10,000+ clients worldwide; Forex Financial Services has 10,000+. The minimum deposit is $100 at ATFX and $2500 at Forex Financial Services.
| Feature | ATFX | Forex Financial Services |
|---|---|---|
| Min. Deposit | $100 | $2500 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC) | Australian Securities and investment Commission (ASIC) |
| Founded | 2014 | 2008 |
| Country | Cyprus | Australia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between ATFX and Forex Financial Services, directly affecting your bottom line as a trader. ATFX has a lower barrier to entry with a minimum deposit of $100 (vs $2500 at Forex Financial Services). Neither broker charges withdrawal fees. Forex Financial Services charges deposit fees; ATFX does not. Overall, ATFX scores higher on fees in our assessment.
| Feature | ATFX | Forex Financial Services |
|---|---|---|
| Min. Deposit | $100 | $2500 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | No |
Platforms
ATFX offers MT5, cTrader, while Forex Financial Services supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Forex Financial Services supports social and copy trading features, which ATFX does not offer. Forex Financial Services edges ahead on platform breadth and functionality in our scoring.
| Feature | ATFX | Forex Financial Services |
|---|---|---|
| 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 | MT4 |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how ATFX and Forex Financial Services compare. ATFX runs regular live webinars; Forex Financial Services does not. ATFX has a video library; Forex Financial Services does not. ATFX publishes daily market commentary; Forex Financial Services does not. ATFX integrates third-party research tools (Trading Central); Forex Financial Services does not. ATFX maintains an archive of past webinars for on-demand viewing. ATFX scores higher overall in education and research.
| Feature | ATFX | Forex Financial Services |
|---|---|---|
| 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 Forex Financial Services supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | ATFX | Forex Financial Services |
|---|---|---|
| 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 Forex Financial Services 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 | Forex Financial Services |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |