ATFX
forexite
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 forexite was established in 2010 and is based in Switzerland. ATFX holds licences including Cyprus Securities and Exchange Commission (CySEC), while forexite is regulated by Financial Conduct Authority (FCA) among others. ATFX serves 10,000+ clients worldwide; forexite has 10,000+. The minimum deposit is $100 at ATFX and $250 at forexite.
| Feature | ATFX | forexite |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F229 |
| Founded | 2014 | 2010 |
| Country | Cyprus | Switzerland |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between ATFX and forexite, directly affecting your bottom line as a trader. ATFX has a lower barrier to entry with a minimum deposit of $100 (vs $250 at forexite). forexite charges withdrawal fees while ATFX does not, giving ATFX an edge for frequent withdrawers. forexite applies inactivity fees on dormant accounts; ATFX does not. Overall, ATFX scores higher on fees in our assessment.
| Feature | ATFX | forexite |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | Yes |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
ATFX offers MT5, cTrader, while forexite supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. forexite supports social and copy trading features, which ATFX does not offer. forexite edges ahead on platform breadth and functionality in our scoring.
| Feature | ATFX | forexite |
|---|---|---|
| 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, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how ATFX and forexite compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. The two brokers are evenly matched on educational content.
| Feature | ATFX | forexite |
|---|---|---|
| Forex Education | No | No |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| 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 forexite supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). forexite uniquely supports PayPal and Skrill and Neteller among the two brokers. forexite scores higher on deposit and withdrawal flexibility.
| Feature | ATFX | forexite |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both ATFX and forexite offer live chat support. Both provide phone support. Email support is available at both brokers. ATFX supports 2 languages and forexite supports 8, giving forexite broader global reach. Both brokers are comparable on support quality.
| Feature | ATFX | forexite |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |