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 account | 1.2 | N/A |
| All-in Cost EUR/USD - Active | 0.7 | N/A |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | Yes | |
| Skrill (Deposit/Withdraw) | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Comparing the range of investments, FP Markets offers far more choice than ATFX. FP Markets lists about 10,000 tradeable symbols and 71 forex pairs, while ATFX provides roughly 150 symbols and 44 forex pairs. Both brokers support forex trading as CFDs or spot contracts, and both offer copy trading. Neither broker lets you buy exchange-traded shares directly in the U.S. or on international exchanges (non-CFD).
For crypto, neither FP Markets nor ATFX lets you buy actual coins, but both offer cryptocurrency CFDs. Overall, FP Markets stands out for product depth with a 4.5/5 Range of Investments rating and a #19 ranking out of 63 brokers at ForexBrokers.com, compared with ATFX’s 3.5/5 rating and #58 ranking. If you want the widest selection of markets and forex pairs, FP Markets has the edge; if you prefer a smaller, simpler lineup, ATFX may fit.
| Feature |
FP Markets
|
ATFX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 10000 | 150 |
| Forex Pairs (Total) | 71 | 44 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | No | No |
| Copy Trading | Yes | Yes |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | 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 trading platforms and tools, both FP Markets and ATFX offer free demo (paper) accounts, Windows desktop and web-based platforms, and support for MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Each also includes copy trading and the ability to place trades directly from charts. A key difference: FP Markets provides a proprietary, in-house platform, while ATFX sticks to third-party options like MetaTrader.
Independent ratings from ForexBrokers.com give FP Markets 4 stars and rank it #23 out of 63 brokers for Trading Platforms and Tools, while ATFX earns 3.5 stars and ranks #63. In practical terms, FP Markets edges ahead for platform variety and tools, whereas ATFX covers the essentials with MetaTrader and accessible web and desktop setups.
| Feature |
FP Markets
|
ATFX
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| Charting - Indicators / Studies (Total) | 30 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
FP Markets and ATFX both offer iPhone and Android trading apps with stock or forex price alerts. Each app lets you draw trendlines on charts, and your drawings auto-save so you can pick up where you left off. A shared drawback is watchlist symbol syncing: changes made in the mobile app do not sync with your online account’s watchlists.
For charting, FP Markets uses the standard MetaTrader mobile app with MetaTrader’s built-in indicators, while ATFX lists 7 technical studies in its app. In third-party ratings, FP Markets scores 4 stars and ranks 18th at ForexBrokers.com; ATFX scores 3.5 stars and ranks 64th. FP Markets may appeal if you want the familiar MetaTrader toolkit and a higher-rated experience, while ATFX suits traders who prefer a simpler indicator set.
| Feature |
FP Markets
|
ATFX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | No |
| Mobile Charting - Indicators / Studies | MetaTrader (Default) | 7 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | 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 (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | Yes | Yes |
| Trading Central | Yes | Yes |
| Client sentiment data | Yes | No |
| TipRanks | No | |
| Acuity Trading | No | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Both FP Markets and ATFX provide forex and CFD education with libraries that include at least 10 pieces. Each offers 10 or more beginner-friendly trading videos. FP Markets goes further with 10+ advanced videos and runs client webinars at least once a month, while ATFX does not offer regular webinars and lacks a set of 10 advanced videos. In independent reviews, FP Markets earns 4 stars for Education and ranks #23 out of 63 brokers on ForexBrokers.com, whereas ATFX earns 3 stars and ranks #28.
For beginners who want a learning path that can grow from basic lessons to advanced topics—plus the option to join live webinars—FP Markets is the stronger pick. If you mainly want a video library to learn the basics at your own pace, ATFX covers the essentials for new traders.
| Feature |
FP Markets
|
ATFX
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
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
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ATFX
|
|---|---|---|
| Overall Rating |
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| Trust Score | 89 | 85 |
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In the FP Markets vs ATFX comparison, neither broker offers the ability to buy actual (delivered) cryptocurrencies, but both support trading via cryptocurrency CFDs.
Comparing FP Markets vs ATFX for deposits and withdrawals: neither supports ACH/SEPA; FP Markets offers PayPal, Skrill, and bank wire, while ATFX’s support for PayPal, Skrill, Visa/Mastercard, and bank wires (and Visa/Mastercard for FP Markets) is not specified.
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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| 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, FSRA, or SCA Authorised) | No | Yes | |
| 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. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | No | No | |
| Copy Trading | Yes | Yes | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (CFDs) | 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 account | 1.2 | N/A | |
| All-in Cost EUR/USD - Active | 0.7 | N/A | |
| Inactivity Fee | No | No | |
| Order execution: Agency | No | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | FP Markets | ATFX | |
|---|---|---|---|
| Minimum Deposit | $100 AUD | $500 | |
| PayPal (Deposit/Withdraw) | Yes | ||
| Skrill (Deposit/Withdraw) | Yes | ||
| Bank Wire (Deposit/Withdraw) | Yes | ||
| Non-wire bank transfer | No | No |
| Trading Platforms | FP Markets | ATFX | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | Yes | No |
| Trading Tools | FP Markets | ATFX | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 30 | 30 | |
| 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 Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | No | No | |
| Mobile Charting - Indicators / Studies | MetaTrader (Default) | 7 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | FP Markets | ATFX | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | Yes | Yes | |
| Trading Central | Yes | Yes | |
| TipRanks | No | ||
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | FP Markets | ATFX | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | FP Markets | ATFX | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| 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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