Written by ForexBrokers.com
In this head to head comparison of ATFX vs iFOREX, 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.
ATFX and iFOREX are two online brokers that serve clients globally, each with its unique background and level of regulatory compliance. Founded in 2017, ATFX is a relatively newer player compared to iFOREX, which has been in operation since 1996. Neither company is publicly traded nor operates as a bank, focusing solely on brokerage services. However, when it comes to trust ratings and regulatory licenses, there are notable differences. ATFX holds an impressive number of four Tier-1 licenses and two additional Tier-2 licenses, contributing to its solid Trust Score of 85 as evaluated by ForexBrokers.com.
In contrast, iFOREX holds just one Tier-1 license and does not possess any Tier-2 licenses, resulting in a Trust Score of 75, which indicates a higher investment risk compared to ATFX. These trust scores reflect their respective standings with ForexBrokers.com, where ATFX is rated as a trusted broker, while iFOREX holds an average risk rating. This trust score provides potential investors with an important perspective on each broker's credibility and regulatory standing.
| Feature |
ATFX
|
iFOREX
|
|---|---|---|
| Year Founded | 2017 | 1996 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 1 |
| Tier-2 Licenses | 2 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
Comparing commissions and fees at ATFX vs iFOREX, both brokers lack published average spread data, making it harder to estimate typical trading costs. Each earns 3 out of 5 stars for commissions and fees from ForexBrokers.com, with ATFX ranked #61 of 63 brokers and iFOREX close behind at #62. In short, their ratings are the same, but ATFX holds a slight edge in the category ranking.
ATFX: 3/5 stars for commissions and fees; ranked #61 out of 63 by ForexBrokers.com. Because average spread data is not available, prospective traders should review live quotes, account terms, and any extra charges to understand total costs.
iFOREX: 3/5 stars for commissions and fees; ranked #62 out of 63 by ForexBrokers.com. With no average spread data published, it’s wise to check real-time pricing and any non-trading fees to gauge overall expenses.
| Feature |
ATFX
|
iFOREX
|
|---|---|---|
| Minimum Deposit | $500 | $100 |
| Average Spread EUR/USD - Standard | N/A | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts | No | No |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | No | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
ATFX and iFOREX both provide forex trading, offered as CFDs or spot contracts. iFOREX lists about 750 tradeable instruments and 88 currency pairs, while ATFX offers around 150 instruments and 44 pairs. If you want more markets to choose from, iFOREX has the wider selection. Neither broker provides access to exchange-traded shares on U.S. or international exchanges (non-CFD), so you can’t buy real stocks like Apple or Vodafone through either platform.
ATFX supports copy trading, whereas iFOREX does not. Both brokers let you trade cryptocurrency derivatives but do not offer the ability to buy actual crypto. For range of investments, each earns 3.5 out of 5 stars from ForexBrokers.com; still, iFOREX ranks 42nd out of 63 brokers in this category, ahead of ATFX at 58th.
| Feature |
ATFX
|
iFOREX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 150 | 750 |
| Forex Pairs (Total) | 44 | 88 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| Social Trading / Copy Trading | Yes | No |
| 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.
ATFX vs iFOREX: When it comes to trading platforms and tools, ATFX offers a free demo (paper) account, while iFOREX does not. iFOREX provides its own in-house web platform, whereas ATFX uses third-party software, including MetaTrader 4 (MT4) and MetaTrader 5 (MT5). ATFX also has a Windows desktop download in addition to a web platform; iFOREX is web-only. Both brokers let you place trades directly from charts. Copy trading is available at ATFX but not at iFOREX, and neither supports DupliTrade or ZuluTrade.
Charting details differ: the number of indicators isn’t specified for either broker, but ATFX lists 15 drawing tools versus 25 at iFOREX. Watchlists at ATFX have 7 fields, compared with 9 at iFOREX. For platform quality, ForexBrokers.com rates ATFX 3.5/5 stars (ranked 63 of 63) and iFOREX 4/5 stars (ranked 55 of 63). In short, pick ATFX if you want MT4/MT5, desktop access, and a free demo, or choose iFOREX if you prefer a broker’s own web platform with more drawing tools and larger watchlists.
| Feature |
ATFX
|
iFOREX
|
|---|---|---|
| Virtual Trading (Demo) | Yes | No |
| Proprietary Platform | No | Yes |
| Desktop Platform (Windows) | Yes | No |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | No |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | 57 |
| Charting - Drawing Tools (Total) | 15 | 25 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 9 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
ATFX vs iFOREX for mobile trading: both brokers offer iPhone and Android apps. ATFX stands out for traders who want price alerts and the ability to create a watchlist with real-time quotes, while iFOREX lacks those features. Neither app syncs watchlist symbols between mobile and the web platform.
Charting favors ATFX: it includes seven technical studies, lets you draw trendlines, switch among multiple time frames (intraday, daily, weekly), and auto-saves your drawings. iFOREX does not support trendlines, time frame changes, or auto-saving, and its indicator count isn’t specified. For mobile trading apps, ATFX is rated 3.5/5 stars and iFOREX 4/5 stars; ForexBrokers.com ranks them 64th and 56th, respectively.
| Feature |
ATFX
|
iFOREX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | No |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 7 | N/A |
| Mobile Charting - Draw Trendlines | Yes | No |
| Mobile Charting - Multiple Time Frames | Yes | No |
| Mobile Charting - Drawings Autosave | Yes | No |
| Mobile Watchlist | Yes | No |
Dive deeper: Best Forex Trading Apps.
ATFX and iFOREX both publish daily market commentary and offer an economic calendar to track global events. Each broker includes Trading Central tools for trade ideas and analysis. ATFX also adds Autochartist for pattern scanning, which iFOREX does not. However, neither broker provides forex news from major wires like Bloomberg, Reuters, or Dow Jones. Availability of TipRanks or Acuity Trading tools is not specified.
iFOREX has a sentiment tool that shows the ratio of long vs. short positions, while ATFX lacks this feature. According to ForexBrokers.com, iFOREX earns 3.5 stars for Research and ranks 49th out of 63 brokers, compared with ATFX at 3 stars and 55th. If you want built-in sentiment data and a slightly higher research score, iFOREX has the edge; if Autochartist is important to you, ATFX is the better fit.
| Feature |
ATFX
|
iFOREX
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | No | No |
| Autochartist | Yes | No |
| Trading Central (Recognia) | Yes | Yes |
| Social Sentiment - Currency Pairs | No | Yes |
| TipRanks | ||
| Signal Centre (Acuity Trading) | ||
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
ATFX and iFOREX both aim to equip beginner traders with the knowledge and resources they need, but they differ in their educational offerings. ATFX provides extensive educational materials, with more than 10 pieces focused on forex and CFDs, a searchable archive of recorded webinars, and at least 10 videos specifically crafted for beginners. They also include an investor dictionary that defines over 50 trading terms, making it easier for newcomers to understand the nuances of trading. However, ATFX does not conduct regular live webinars nor offer advanced educational videos for seasoned investors. Despite these limitations, ATFX secures a mid-range education rating of 3 stars and ranks 28th out of 63 brokers by ForexBrokers.com.
On the other hand, iFOREX offers a different educational approach. Although they do not provide the same breadth of educational materials about forex and CFDs or a webinar archive as ATFX, iFOREX does offer a series of beginner-targeted videos similar to ATFX. However, iFOREX does not have a comprehensive investor dictionary. Even without a robust set of educational resources, iFOREX surprisingly garners a slightly higher education rating of 3.5 stars, although it ranks lower at 53rd out of 63 brokers by ForexBrokers.com. Thus, while both brokers cater to new traders in varying capacities, ATFX presents a broader range of educational tools, whereas iFOREX holds a marginally better educational rating.
| Feature |
ATFX
|
iFOREX
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | No | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | No |
| Investor Dictionary (Glossary) | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that ATFX is better than iFOREX. ATFX finished with an overall rank of #51, while iFOREX finished with an overall rank of #52.
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.
| Feature |
ATFX
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iFOREX
|
|---|---|---|
| Overall Rating |
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| Trust Score | 85 | 75 |
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Both ATFX and iFOREX provide the option to trade cryptocurrency derivatives, but neither platform offers the ability to purchase actual, delivered cryptocurrencies.
While both ATFX and iFOREX support Skrill, Visa, Mastercard, and bank wire options for depositing or withdrawing funds, only iFOREX offers PayPal as a method, whereas neither supports ACH or SEPA transfers.
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 | ATFX | iFOREX | |
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| Trust Score | 85 | 75 | |
| Winner | check_circle | ||
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| Broker Screenshots | ATFX | iFOREX | |
|---|---|---|---|
| Broker Gallery (click to expand) |
| Regulation | ATFX | iFOREX | |
|---|---|---|---|
| Trust Score | 85 | 75 | |
| Year Founded | 2017 | 1996 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 4 | 1 | |
| Tier-2 Licenses | 2 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | ATFX | iFOREX | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | Yes | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | Yes | 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) | ATFX | iFOREX | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No |
| Investments | ATFX | iFOREX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 150 | 750 | |
| Forex Pairs (Total) | 44 | 88 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| Social Trading / Copy Trading | Yes | No | |
| 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 | ATFX | iFOREX | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | No | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | ATFX | iFOREX | |
|---|---|---|---|
| Minimum Deposit | $500 | $100 | |
| PayPal (Deposit/Withdraw) | No | Yes | |
| 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 | ATFX | iFOREX | |
|---|---|---|---|
| Proprietary Platform | No | Yes | |
| Desktop Platform (Windows) | Yes | No | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | ATFX | iFOREX | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | No | |
| Alerts - Basic Fields | Yes | No | |
| Watchlists - Total Fields | 7 | 9 | |
| Charting - Indicators / Studies (Total) | 30 | 57 | |
| Charting - Drawing Tools (Total) | 15 | 25 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | No |
| Mobile Trading | ATFX | iFOREX | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | No | |
| Mobile Watchlist | Yes | No | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 7 | N/A | |
| Mobile Charting - Draw Trendlines | Yes | No | |
| Mobile Charting - Multiple Time Frames | Yes | No | |
| Mobile Charting - Drawings Autosave | Yes | No | |
| Mobile Economic Calendar | Yes | No |
| Research | ATFX | iFOREX | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | No | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | Yes | Yes | |
| TipRanks | |||
| Social Sentiment - Currency Pairs | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | ATFX | iFOREX | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | ATFX | iFOREX | |
|---|---|---|---|
| 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 |
| Overall | ATFX | iFOREX | |
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| Trust Score | 85 | 75 | |
| Winner | check_circle | ||
| Review |
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