Xtrade vs ATFX 2024

Xtrade is not publicly traded and does not operate a bank. Xtrade is authorised by one Tier-1 regulator (highly trusted), one Tier-2 regulator (trusted), zero Tier-3 regulators (average risk), and one Tier-4 regulator (high risk). Xtrade is authorised by the following Tier-1 regulator: in the European Union via the MiFID passporting system.

ATFX is not publicly traded and does not operate a bank. ATFX is authorised by two tier-1 regulators (Highly Trusted), one Tier-2 regulators (Trusted), zero Tier-3 regulators (Average Risk), and one Tier-4 regulator (High Risk). ATFX is authorised by the following Tier-1 regulators: Financial Conduct Authority (FCA) and regulated in the European Union via the MiFID passporting system

Xtrade offers forex and CFD traders its own newly updated and redesigned trading platform, yet with just below 500 symbols that you can trade and recent regulatory issues it trails behind the best forex brokers.

ATFX primarily offers the MetaTrader platform suite from its regulated brands in the EU via Cyprus, and the UK, as well as its offshore entity in Mauritius. ATFX has made progress although still trails behind the best brokers when it comes to the range of investment products it offers and the available trading platforms.

To open a trading account with Xtrade, you'll need to make an initial minimum deposit of $250.

ATFX requires a minimum deposit of $500 before you can open an account and start trading.

It's important to make sure that your forex broker accepts the funding options and deposit methods that work best for you. Both Xtrade and ATFX offer Visa/Mastercard (Credit/Debit), Bank Wire (Deposit/Withdraw), Skrill (Deposit/Withdraw) and Neteller (Deposit/Withdraw). Neither have PayPal (Deposit/Withdraw).

Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spread data, and pricing structures vary. Based on our thorough, data-driven testing of each broker's commissions and fees, we found that ATFX offers better pricing overall for traders.

Methodology: When testing each broker's commissions, fees, and pricing, we analyze multiple trade scenarios and award points based on the expansiveness (or inexpensiveness) of the broker's spreads. We then run multiple scenarios for different investor types, incorporating any miscellaneous fees, to determine an "all-in" cost per trade. Learn more about how we test.

At ForexBrokers.com, we track over 110 international regulatory agencies and sort them by tiers (Tier-1, Tier-2, Tier-3, Tier-4, and Tier-5) to help you choose well-regulated, highly trusted forex brokers. Learn more about our proprietary Trust Score rating system. Based on our research on the regulatory status of over 60 brokers, we've found that ATFX holds 4 global Tier-1 licenses, while Xtrade holds 1. ATFX holds 2 global Tier-2 licenses, while Xtrade holds 1.

After evaluating each broker based on their number of held licenses, years in business, and a range of other data-driven variables, we've determined that ATFX (85) earned a higher Trust Score than Xtrade (74).

To compare the trading platforms of both Xtrade and ATFX, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, Xtrade offers a better experience. With research, Xtrade offers superior market research. Finally, we found Xtrade to provide better mobile trading apps.

Here’s what trading platforms are available at Xtrade:

• Proprietary Platform - Yes
• Web Platform - Yes
• cTrader - No
• DupliTrade - No
• MT4 - No
• MT5 - No
• ZuluTrade - No
• TradingView - No

Here’s what trading platforms are available at ATFX:

• Proprietary Platform - No
• Web Platform - Yes
• cTrader - No
• DupliTrade - No
• MT4 - Yes
• MT5 - Yes
• ZuluTrade - No
• TradingView - No

The MetaTrader trading platform suite is wildly popular among forex and CFD traders across the globe. ATFX offers MetaTrader 4 (MT4), while Xtrade does not. Forex traders also appreciate the ability to engage in social copy trading. While ATFX offers copy trading, Xtrade does not.

Xtrade provides traders 56 currency pairs (e.g., EUR/USD) compared to ATFX's 44 available pairs. If you are interested in trading a full range of securities, Xtrade offers traders access to 482 tradeable symbols, while ATFX offers access to 150 tradeable symbols; so Xtrade offers 332 more tradeable symbols than ATFX.

We found in our testing that Xtrade offers a more diverse selection of investment options than ATFX, allowing you to trade Forex Trading (Spot or CFDs) and Cryptocurrency (Derivative). Neither have Int'l Stock Trading (Non CFD) and Cryptocurrency (Physical).