Written by ForexBrokers.com
In this head to head comparison of FP Markets vs ATFX, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
FP Markets and ATFX are both respected names in the world of online trading, and each has established its own niche over the years. Founded in 2005, FP Markets is an Australian online broker that is highly regarded for its regulatory adherence. It is not publicly traded, nor is it a bank, but it holds two Tier-1 licenses and one Tier-2 license. These credentials contribute to its solid Trust Score of 89 out of 99 as per ForexBrokers.com, classifying it as a trusted trading platform.
On the other hand, ATFX is a UK-based broker that began operations in 2017. Similar to FP Markets, it is not publicly traded and is not a banking institution. However, ATFX boasts of four Tier-1 licenses and two Tier-2 licenses, showcasing a strong regulatory framework. Despite this, its Trust Score is 85 out of 99, which still positions it as a trusted broker but slightly behind FP Markets in this specific metric. Both brokers provide secure options for traders seeking regulated environments.
| Feature |
FP Markets
|
ATFX
|
|---|---|---|
| Year Founded | 2005 | 2017 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 4 |
| Tier-2 Licenses | 1 | 2 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 1 |
Comparing commissions and fees, FP Markets stands out against ATFX. FP Markets holds a 5/5 star rating and is ranked #6 out of 63 brokers by ForexBrokers.com for the Commissions and Fees category, earning Best in Class honors for 2024. ATFX carries a 3/5 star rating and ranks #61 out of 63, and its average spread data is not available, which makes precise cost comparisons harder.
FP Markets delivers aggressive pricing across MetaTrader and cTrader. Its commission-based Raw ECN account posted average spreads of about 0.1 pips (around 0.8 pips all-in after commission) as of October 2023, with a flat $6 per round-turn per standard lot on cTrader for forex. The Standard account is spread-only and pricier, averaging 1.1 pips on EUR/USD. FP Markets also offers Iress with Direct Market Access and full depth of book; the ViewPoint tiers require higher balances (AUD 1,000 Standard; AUD 25,000 Platinum; AUD 50,000 Premier), and to avoid platform and data fees you must qualify for Premier or generate at least AUD 150 in monthly commissions. The low-cost Iress Investor plan waives monthly fees but lacks streaming quotes and has limited charting.
ATFX’s fees picture is less transparent since average spread data isn’t published. With a 3/5 star score and a #61/63 ranking for Commissions and Fees, ATFX trails FP Markets on overall cost competitiveness. If minimizing trading costs is your priority, FP Markets’ Raw ECN structure and clear pricing make it the more compelling choice based on the available ratings and data.
| Feature |
FP Markets
|
ATFX
|
|---|---|---|
| Minimum Deposit | $100 AUD | $500 |
| Average Spread EUR/USD - Standard | 1.2 | N/A |
| All-in Cost EUR/USD - Active | 0.7 | N/A |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Comparing FP Markets vs ATFX for range of investments, FP Markets offers far more choice. You’ll find about 10,000 tradeable symbols at FP Markets versus 150 at ATFX, and 71 forex pairs compared with 44 at ATFX. Both brokers let you trade forex either as CFDs or spot, but FP Markets is the stronger pick if you want a wider selection of markets.
Neither broker provides access to exchange-traded shares in the U.S. or on international exchanges, but both support copy trading. For crypto, neither lets you buy actual coins; instead, both offer cryptocurrency derivatives. Based on ForexBrokers.com, FP Markets earns 4.5/5 stars and ranks 19th out of 63 for Range of Investments, while ATFX holds 3.5/5 stars and ranks 58th—underscoring FP Markets’ advantage for traders who value breadth.
| Feature |
FP Markets
|
ATFX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 10000 | 150 |
| Forex Pairs (Total) | 71 | 44 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
Comparing FP Markets vs ATFX for trading platforms and tools: Both brokers provide free demo (paper) accounts, web-based and Windows desktop platforms, MetaTrader 4 (MT4) and MetaTrader 5 (MT5), copy trading, and the ability to place trades directly from charts. FP Markets also offers a proprietary platform built in-house, while ATFX does not. Neither broker supports DupliTrade or ZuluTrade.
For charting and usability, FP Markets lists 17 drawing tools versus 15 at ATFX; watchlists at both can show 7 columns. Indicator counts weren’t specified for either broker. According to ForexBrokers.com, FP Markets is rated 4 stars and ranks 23rd out of 63 for Trading Platforms and Tools, while ATFX is rated 3.5 stars and ranks 63rd out of 63.
| Feature |
FP Markets
|
ATFX
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | 30 |
| Charting - Drawing Tools (Total) | 17 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
FP Markets and ATFX both deliver mobile trading apps for iPhone and Android. Each app supports real-time quote watchlists, price alerts, multiple time frames, drawing tools like trendlines, and auto-saving of chart annotations. However, neither broker syncs watchlist symbols between the mobile app and your online account, so changes on one don’t carry over to the other.
For charting, FP Markets uses MetaTrader by default (with MetaTrader’s built-in study set), while ATFX lists seven technical studies in its app. In third-party reviews, FP Markets earns 4 stars and ranks 18th out of 63 for Mobile Trading Apps on ForexBrokers.com, compared with ATFX at 3.5 stars and 64th out of 63. If ratings and rankings matter most, FP Markets edges out ATFX; if you prefer a simpler indicator list, ATFX may suit you.
| Feature |
FP Markets
|
ATFX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | MetaTrader (Default) | 7 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Comparing FP Markets vs ATFX for market research, both brokers deliver daily market commentary and an economic calendar to help track upcoming events. Each also integrates Autochartist and Trading Central for technical and fundamental insights. Where FP Markets pulls ahead is with built‑in forex news from top-tier sources (e.g., Bloomberg/Reuters/Dow Jones) and a sentiment tool that shows long/short positioning—two features ATFX does not offer.
Regarding third‑party add‑ons, FP Markets does not include TipRanks or Acuity Trading tools, while ATFX’s availability for those vendors isn’t specified. For overall research quality, FP Markets earns 4 stars and ranks #25 out of 63 brokers (ForexBrokers.com), whereas ATFX earns 3 stars and ranks #55. If you value premium news feeds and trader sentiment alongside mainstream analysis tools, FP Markets offers a more complete research package; if you only need core commentary, calendars, and popular analytics, ATFX covers the basics.
| Feature |
FP Markets
|
ATFX
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | Yes | Yes |
| Trading Central (Recognia) | Yes | Yes |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | |
| Signal Centre (Acuity Trading) | No | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational resources available for beginners at FP Markets and ATFX, both brokers provide robust educational content with over 10 pieces, including articles, videos, and webinars focused on forex and CFDs. This foundation ensures that new traders have access to a wealth of information to kickstart their trading journey. However, FP Markets stands out by offering monthly live educational webinars, which are not available at ATFX. Additionally, both brokers maintain a searchable archive of their recorded video content, making it easier for beginners to access previously held webinars at their convenience.
FP Markets further differentiates itself with an impressive array of advanced educational videos, catering both to beginners and seasoned traders, whereas ATFX does not extend similar advanced content. For those looking to expand their trading vocabulary, both brokers provide a comprehensive investor dictionary featuring over 50 investing terms. When assessing their educational standings, FP Markets is rated at 4 stars and is ranked 23rd among 63 brokers for educational resources by ForexBrokers.com, while ATFX, with its rating of 3 stars, holds the 28th position. This comparison highlights FP Markets as a more dynamic choice for beginners seeking a broader array of educational tools and resources.
| Feature |
FP Markets
|
ATFX
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that FP Markets is better than ATFX. FP Markets finished with an overall rank of #19, while ATFX finished with an overall rank of #51.
FP Markets shines as a low-cost broker for trading forex and CFDs – as long as you use the MetaTrader platform. The Iress platform suite offers well over 9,000 tradeable symbols, but it’s mostly a share trading platform – and is generally a much pricier option.
| Feature |
FP Markets
|
ATFX
|
|---|---|---|
| Overall Rating |
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| Trust Score | 89 | 85 |
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Both FP Markets and ATFX do not allow the purchase of actual (delivered) cryptocurrency, but they both offer the ability to buy cryptocurrency derivatives.
When comparing the online brokers FP Markets and ATFX in terms of deposit and withdrawal options, both do not offer ACH or SEPA transfers, FP Markets supports PayPal unlike ATFX, while both platforms offer Skrill, Visa or Mastercard, and bank wire transfers as available options.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | FP Markets | ATFX | |
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| Trust Score | 89 | 85 | |
| Winner | check_circle | ||
| Review | FP Markets Review |
| Broker Screenshots | FP Markets | ATFX | |
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| Broker Gallery (click to expand) |
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| Regulation | FP Markets | ATFX | |
|---|---|---|---|
| Trust Score | 89 | 85 | |
| Year Founded | 2005 | 2017 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 2 | 4 | |
| Tier-2 Licenses | 1 | 2 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 1 |
| Tier-1 Licenses (Highly Trusted) | FP Markets | ATFX | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | Yes | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | No | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | FP Markets | ATFX | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | Yes | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No |
| Investments | FP Markets | ATFX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 10000 | 150 | |
| Forex Pairs (Total) | 71 | 44 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | FP Markets | ATFX | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.2 | N/A | |
| All-in Cost EUR/USD - Active | 0.7 | N/A | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | FP Markets | ATFX | |
|---|---|---|---|
| Minimum Deposit | $100 AUD | $500 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | FP Markets | ATFX | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | Yes | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | FP Markets | ATFX | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 30 | |
| Charting - Drawing Tools (Total) | 17 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | FP Markets | ATFX | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | MetaTrader (Default) | 7 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | FP Markets | ATFX | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | Yes | Yes | |
| Trading Central (Recognia) | Yes | Yes | |
| TipRanks | No | ||
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | FP Markets | ATFX | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | FP Markets | ATFX | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | FP Markets Review |
| Overall | FP Markets | ATFX | |
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| Trust Score | 89 | 85 | |
| Winner | check_circle | ||
| Review | FP Markets Review |
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