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OANDA vs ATFX 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

In this head to head comparison of OANDA vs ATFX, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.

OANDA
4.5/5 Stars Overall
  • Minimum Deposit: $0
  • Trust Score: 93
  • Tradeable Symbols (Total): 3928 info
ATFX
4/5 Stars Overall
  • Minimum Deposit: $500
  • Trust Score: 85
  • Tradeable Symbols (Total): 150

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.

Regulation

OANDA and ATFX are both well-regarded online brokers, though they differ in terms of experience and regulatory backing. Founded in 1996, OANDA has established itself with a Trust Score of 93 out of 99 from ForexBrokers.com, indicating a high level of trust. OANDA supports its reliable reputation with seven Tier-1 licenses, which are considered the gold standard by industry regulators. While OANDA is not publicly traded and does not operate as a bank, its long-standing presence in the market contributes to its strong standing.

In contrast, ATFX, founded in 2017, also maintains a trustworthy profile with a solid Trust Score of 85. It holds four Tier-1 licenses, complemented by two Tier-2 licenses, which demonstrate its commitment to meeting regulatory standards. Like OANDA, ATFX is neither publicly traded nor operates as a bank. Although relatively newer in the field, ATFX has quickly become a notable name in the online brokerage sector, thanks in part to its adherence to trusted regulatory practices.

Feature OANDA logoOANDA
ATFX logoATFX
Year Founded info 1996 2017
Publicly Traded (Listed) info No No
Bank info No No
Tier-1 Licenses info 7 4
Tier-2 Licenses info 0 2
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 1

Fees

When comparing the commissions and fees between OANDA and ATFX, OANDA generally stands out for its automated execution, though its overall trading costs can be steep. OANDA's forex costs come with high effective spreads across both its default and core pricing models. While its bid/ask spreads are comparable to competitors like FOREX.com and FxPro, its minimum spread costs often exceed firms offering sub-pip spreads. On average, OANDA’s non-core pricing recorded a 1.61 pip spread on the EUR/USD pair in July 2024. OANDA’s core pricing offers lower spreads but requires a $10,000 minimum deposit and includes a commission of $5 per $100,000 traded, resulting in a slightly reduced all-in cost compared to its commission-free pricing.

OANDA also allows trading in very small sizes down to 1 unit or 0.001 micro lot, unlike most brokers who stick to micro lots as the minimum. For active traders moving volumes of 10 million or more, OANDA provides a rebate program with tiers ranging from $5 to $17 per million traded. However, OANDA has room for improvement in transparency, as it does not publish fixed-period average spreads, making precise cost comparisons more challenging. OANDA is rated 4 stars for commissions and fees and ranks #34 out of 62 brokers in the Commissions and Fees category according to ForexBrokers.com.

ATFX, on the other hand, lacks average spread data, which could be a drawback for traders seeking exact cost insights. Although specific information on trading costs is scarce, ATFX earns a 3-star rating for commissions and fees. It is ranked #59 out of 62 brokers in this category. With OANDA’s edge in detailed cost structures despite higher fees, traders looking for transparency and specific pricing models may prefer OANDA over ATFX.

Feature OANDA logoOANDA
ATFX logoATFX
Minimum Deposit info $0 $500
Average Spread EUR/USD - Standard info 1.61 info N/A info
All-in Cost EUR/USD - Active info 1.61 info N/A info
Active Trader or VIP Discounts info Yes info No
ACH or SEPA Transfers info Yes info No
PayPal (Deposit/Withdraw) info Yes info No
Skrill (Deposit/Withdraw) info Yes info Yes
Visa/Mastercard (Credit/Debit) info Yes info Yes
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

When comparing OANDA and ATFX in terms of their available range of investments, notable differences emerge. OANDA boasts an impressive offering with 3,928 tradeable symbols, including 68 forex pairs. In contrast, ATFX provides access to 150 tradeable symbols and 44 forex pairs. Although both brokers do not offer the ability to trade exchange traded securities on U.S. or international exchanges, they do support forex trading through CFDs or spot contracts. Additionally, both platforms support copy trading, allowing users to follow and replicate successful trades.

For those interested in cryptocurrencies, OANDA enables users to purchase actual cryptocurrencies, a feature not available on ATFX, which only offers cryptocurrency derivatives. This difference in offerings reflects in their ratings and rankings, with OANDA earning a 4-star rating and ranking #27 out of 62 brokers for its range of investments according to ForexBrokers.com, while ATFX holds a 3.5-star rating and is ranked #57. OANDA's comprehensive selection of tradeable options provides a broader scope for traders seeking diverse investment opportunities.

Feature OANDA logoOANDA
ATFX logoATFX
Forex Trading (Spot or CFDs) info Yes info Yes
Tradeable Symbols (Total) info 3928 info 150
Forex Pairs (Total) info 68 44
U.S. Stock Trading (Non CFD) info No No
Int'l Stock Trading (Non CFD) info No No
Social Trading / Copy Trading info Yes info Yes
Cryptocurrency (Physical) info Yes No
Cryptocurrency (Derivative) info Yes info 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.

Trading platforms and tools

When it comes to comparing the trading platforms and tools of OANDA and ATFX, both brokers offer a range of features for traders. OANDA and ATFX provide simulated trading with free virtual demo accounts, allowing users to gain hands-on experience. OANDA boasts a proprietary trading platform developed in-house, adding a unique touch to its offerings, whereas ATFX does not have an in-house platform. Both brokers support popular trading platforms MetaTrader 4 and MetaTrader 5, along with offering Windows-based desktop downloads and web-based platforms. Copy trading is also available with both brokers, but neither offers DupliTrade or ZuluTrade as an option. Charting enthusiasts will find OANDA’s selection impressive with 431 drawing tools, compared to ATFX’s 15, although both allow direct trading from stock charts. Furthermore, OANDA provides 6 columns for watch lists, while ATFX offers 7.

In terms of overall experience and rankings, users may note that OANDA is rated higher with 4 stars for its trading platforms and tools, compared to ATFX’s rating of 3.5 stars. OANDA holds a respectable 16th place ranking out of 62 brokers according to ForexBrokers.com, a significant lead over ATFX, which is positioned at 61st. These ratings and ranks highlight the small edge OANDA has over ATFX in terms of trading platforms and tools, potentially appealing to traders looking for a richer array of functions and a proprietary trading experience.

Feature OANDA logoOANDA
ATFX logoATFX
Virtual Trading (Demo) info Yes Yes
Proprietary Platform info Yes No
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes info Yes
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes info Yes
DupliTrade info No No
ZuluTrade info No No
Charting - Indicators / Studies (Total) info 81 30
Charting - Drawing Tools (Total) info 431 15
Charting - Trade From Chart info Yes Yes
Watchlists - Total Fields info 6 7
View More

Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.

Forex trading apps

Both OANDA and ATFX offer mobile trading apps available on iPhone and Android devices, allowing traders to stay connected on the go. These apps provide essential features such as stock and forex price alerts, the ability to draw trendlines on charts, and the flexibility to view multiple timeframes. Users can also create watchlists with real-time quotes, making it easy to track important market movements. However, neither app currently supports watchlist symbol syncing between the mobile app and the client’s online account.

While both platforms offer essential features for mobile trading, OANDA stands out with a higher rating of five stars compared to ATFX's 3.5 stars. OANDA users benefit from 30 technical studies for charting, which is significantly higher than ATFX’s seven studies, enhancing in-app analysis capabilities. Additionally, OANDA's mobile app is ranked #7 by ForexBrokers.com, a stark contrast to ATFX, which ranks #62. These rankings highlight OANDA’s superior performance in the mobile trading space.

Feature OANDA logoOANDA
ATFX logoATFX
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Watchlist Syncing info No No
Mobile Charting - Indicators / Studies info 30 7
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes Yes
Mobile Watchlist info Yes Yes

Dive deeper: Best Forex Trading Apps.

Market research

When it comes to market research, OANDA and ATFX both provide daily market commentary and offer economic calendars that showcase global news events, giving traders insight into various economies. However, OANDA takes a leading edge by providing forex news from top-tier sources including Bloomberg and Reuters, which ATFX does not offer. While both brokers utilize tools from Autochartist to empower traders with technical and fundamental research, ATFX additionally provides tools from Trading Central, offering a different suite of technical analytics that OANDA does not include. Despite this, OANDA stands out with its sentiment-based trading tool, helping traders gauge the balance of long and short positions, a feature not available through ATFX.

While neither OANDA nor ATFX utilizes research offerings from TipRanks or Acuity Trading, their overall market research offerings differ significantly in terms of quality and ranking. OANDA is highly rated with a research score of 5 stars, positioning it at the 5th spot out of 62 brokers for research according to ForexBrokers.com. In contrast, ATFX holds a 3-star rating and ranks at 54th place. This reflects OANDA's superior capability in arming traders with insightful research tools and high-quality news sources, making it a stronger choice for those seeking comprehensive market analysis.

Feature OANDA logoOANDA
ATFX logoATFX
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info Yes No
Autochartist info Yes Yes
Trading Central (Recognia) info No Yes
Social Sentiment - Currency Pairs info Yes No
TipRanks info No No
Signal Centre (Acuity Trading) info No No
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

When it comes to educational resources for beginners, both OANDA and ATFX provide a comprehensive suite of forex and CFDs learning materials, including articles, videos, and archived webinars. However, OANDA stands out by offering monthly online educational webinars and an extensive library of advanced educational videos, which are not available with ATFX. Both brokers cater to novices with a library of beginner videos and feature an investor dictionary with over 50 key trading terms to help demystify the market.

In terms of overall educational offerings, OANDA earns a higher rating with five stars, compared to ATFX's three-star rating. This distinction aligns with their rankings by ForexBrokers.com, where OANDA is positioned at 22nd out of 62 brokers, while ATFX comes in at 28th. For those new to trading, OANDA's more expansive educational resources could provide a more beneficial learning experience, particularly for traders aiming to advance their skills significantly.

Feature OANDA logoOANDA
ATFX logoATFX
Education (Forex or CFDs) info Yes Yes
Client Webinars info Yes No
Client Webinars (Archived) info Yes Yes
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes No
Investor Dictionary (Glossary) info Yes Yes

Dive deeper: Best Forex Brokers for Beginners.

Winner

After testing 62 of the best forex brokers, our research and account testing finds that OANDA is better than ATFX. OANDA finished with an overall rank of #12, while ATFX finished with an overall rank of #51.

A trusted global brand, OANDA stands out for its reputation and quality market research. Its regulatory track record is strong, and its support for third-party features bolsters its overall offering.

Feature OANDA logoOANDA
ATFX logoATFX
Overall Rating info 4.5/5 Stars 4/5 Stars
Trust Score info 93 85
Range of Investments 4/5 Stars 3.5/5 Stars
Commissions & Fees 4/5 Stars 3/5 Stars
Platform & Tools 4/5 Stars 3.5/5 Stars
Research 5/5 Stars 3/5 Stars
Mobile Trading 5/5 Stars 3.5/5 Stars
Education 4/5 Stars 4/5 Stars

FAQs

Can you trade cryptocurrency with OANDA or ATFX?

OANDA allows users to buy both actual cryptocurrencies and cryptocurrency derivatives, while ATFX offers only cryptocurrency derivatives.

What funding options does each broker offer?

When comparing online brokers OANDA and ATFX, OANDA provides a broader range of deposit and withdrawal options, offering ACH, SEPA, and PayPal alongside Skrill, Visa, Mastercard, and bank wires, whereas ATFX offers Skrill, Visa, Mastercard, and bank wires but lacks ACH, SEPA, and PayPal options.




announcementPlease 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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Compare

0 of 5
Overall Rating OANDA ATFX
Overall Rating info 4.5/5 Stars 4/5 Stars
Commissions & Fees 4/5 Stars 3/5 Stars
Range of Investments 4/5 Stars 3.5/5 Stars
Platform & Tools 4/5 Stars 3.5/5 Stars
Mobile Trading 5/5 Stars 3.5/5 Stars
Research 5/5 Stars 3/5 Stars
Education 4/5 Stars 4/5 Stars
Trust Score info 93 85
Winner check_circle
Review OANDA Review
Broker Screenshots OANDA ATFX
Trading Platforms Gallery (click to expand) info
Mobile Trading Gallery (click to expand) info
Research Gallery (click to expand) info
Education Gallery (click to expand) info
Regulation OANDA ATFX
Trust Score info 93 85
Year Founded info 1996 2017
Publicly Traded (Listed) info No No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info Yes info
Tier-1 Licenses info 7 4
Tier-2 Licenses info 0 2
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 1
Tier-1 Licenses (Highly Trusted) OANDA ATFX
Australia (ASIC Authorised) info Yes Yes
Canada (CIRO Authorised) info Yes No
Hong Kong (SFC Authorised) info No Yes
Japan (SFC Authorised) info Yes No
Singapore (MAS Authorised) info Yes No
Switzerland (FINMA Authorised) info No No
United Kingdom (U.K.) (FCA Authorised) info Yes Yes
USA (CFTC Authorized) info Yes No
New Zealand (FMA Authorised) info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info Yes info
Tier-2 Licenses (Trusted) OANDA ATFX
Kenya (CMA Authorised) info No No
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info No Yes
UAE (DFSA/Central Bank Authorised) info No No
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info No No
Investments OANDA ATFX
Forex Trading (Spot or CFDs) info Yes info Yes
Tradeable Symbols (Total) info 3928 info 150
Forex Pairs (Total) info 68 44
U.S. Stock Trading (Non CFD) info No No
Int'l Stock Trading (Non CFD) info No No
Social Trading / Copy Trading info Yes info Yes
Cryptocurrency (Physical) info Yes No
Cryptocurrency (Derivative) info Yes info 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 OANDA ATFX
Average Spread EUR/USD - Standard info 1.61 info N/A info
All-in Cost EUR/USD - Active info 1.61 info N/A info
Active Trader or VIP Discounts info Yes info No
Inactivity Fee info Yes No
Execution: Agency Broker info No No
Execution: Market Maker info Yes Yes
Funding OANDA ATFX
Minimum Deposit info $0 $500
PayPal (Deposit/Withdraw) info Yes info No
Skrill (Deposit/Withdraw) info Yes info Yes
Visa/Mastercard (Credit/Debit) info Yes info Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
ACH or SEPA Transfers info Yes info No
Trading Platforms OANDA ATFX
Proprietary Platform info Yes No
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes info Yes
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes info Yes
cTrader info No No
DupliTrade info No No
ZuluTrade info No No
Trading Tools OANDA ATFX
Virtual Trading (Demo) info Yes Yes
Alerts - Basic Fields info Yes Yes
Watchlists - Total Fields info 6 7
Charting - Indicators / Studies (Total) info 81 30
Charting - Drawing Tools (Total) info 431 15
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes Yes
Mobile Trading OANDA ATFX
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Mobile Watchlist info Yes Yes
Watchlist Syncing info No No
Mobile Charting - Indicators / Studies info 30 7
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes Yes
Mobile Economic Calendar info Yes Yes
Research OANDA ATFX
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info Yes No
Autochartist info Yes Yes
Trading Central (Recognia) info No Yes
TipRanks info No No
Social Sentiment - Currency Pairs info Yes No
Economic Calendar info Yes Yes
Education OANDA ATFX
Education (Forex or CFDs) info Yes Yes
Client Webinars info Yes No
Client Webinars (Archived) info Yes Yes
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes No
Investor Dictionary (Glossary) info Yes Yes
Major Forex Pairs OANDA ATFX
GBP/USD info Yes Yes
USD/JPY info Yes Yes
EUR/USD info Yes Yes
USD/CHF info Yes Yes
USD/CAD info Yes Yes
NZD/USD info Yes Yes
AUD/USD info Yes Yes
Review OANDA Review
Overall OANDA ATFX
Overall Rating info 4.5/5 Stars 4/5 Stars
Commissions & Fees 4/5 Stars 3/5 Stars
Range of Investments 4/5 Stars 3.5/5 Stars
Platform & Tools 4/5 Stars 3.5/5 Stars
Mobile Trading 5/5 Stars 3.5/5 Stars
Research 5/5 Stars 3/5 Stars
Education 4/5 Stars 4/5 Stars
Trust Score info 93 85
Winner check_circle
Review OANDA Review
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