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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 evaluating the commissions and fees of OANDA and ATFX, OANDA emerges as a slightly superior choice for traders, securing a 4 out of 5-star rating. Despite not being a discount broker, OANDA offers an automated execution system and is ranked 34th among 63 brokers according to ForexBrokers.com. OANDA’s forex trading costs can be relatively high, with its effective spreads comparable to brokers like FOREX.com and FxPro, but often on the pricey side. For example, the average non-core pricing spread on the EUR/USD pair was 1.61 pips. The core pricing model diminishes these spreads further and introduces a $5 per-side commission on trades of $100,000, making its all-in cost slightly more attractive than its commission-free counterpart.

In contrast, ATFX, holding a 3-star rating for its commissions and fees, ranks 60th out of 63 brokers in the same category. Unfortunately, specific data around average spreads for ATFX is not available, which limits transparency in comparing costs. Though OANDA's smallest contract size is unique, allowing trades of 1 unit or 0.001 micro lot, ATFX does not offer detailed information about similar features. This lack of detailed cost information may make it challenging for traders to fully assess ATFX’s fee structure.

OANDA also stands out with additional offerings such as the Elite Trader program, which provides rebates and other benefits like subscription reimbursements for TradingView users. Moreover, OANDA prioritizes transparency by publishing trailing average spreads, even though it lacks fixed-period spread reports. This approach, while ensuring a degree of clarity, can make precise cost comparisons difficult. Overall, if transparency and detailed cost assessments are a priority in choosing a broker, OANDA's advantages might be more appealing than ATFX's somewhat opaque fee structure.

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 the range of investments between OANDA and ATFX, both offer forex trading through CFDs or spot contracts. However, OANDA stands out with a vast array of 3,928 tradeable symbols, significantly more than ATFX's 150. Additionally, OANDA provides access to 68 tradeable forex pairs compared to ATFX's 44. Neither platform offers exchange-traded securities on U.S. or international exchanges, meaning you won't be buying shares of companies like Apple or Vodafone directly. Both brokers do support copy trading, allowing clients to replicate the trades of others easily.

Delving into cryptocurrency options, OANDA offers unique possibilities by allowing clients to buy both actual cryptocurrencies and cryptocurrency derivatives. Meanwhile, ATFX only supports trading in cryptocurrency derivatives. This difference in offerings has contributed to OANDA receiving a 4-star rating for its range of investments, compared to ATFX’s 3.5-star rating. OANDA is also ranked higher at #27 by ForexBrokers.com, compared to ATFX, which holds the #57 spot out of 63 brokers for this category.

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 trading platforms and tools, OANDA and ATFX both cater well to traders of all levels by offering free virtual demo accounts, allowing users to practice without financial risk. Both brokers provide access to the popular MetaTrader 4 and MetaTrader 5 platforms, web-based trading options, and Windows-based desktop platforms. However, OANDA distinguishes itself by offering a proprietary platform developed in-house, which is something ATFX does not provide. Additionally, both OANDA and ATFX support copy trading, but neither offers integration with ZuluTrade or DupliTrade. For technical charting tools, OANDA shines with 431 drawing options compared to ATFX's 15, giving traders more flexibility in their market analysis. Both brokers enable users to trade directly from stock charts, enhancing trading convenience.

In terms of customization, OANDA's watch lists offer six columns or fields, while ATFX provides one more with seven columns. Despite ATFX's slight advantage in this area, OANDA's overall offering is rated higher with four stars, compared to ATFX's 3.5 stars. According to ForexBrokers.com, OANDA is ranked #15 out of 63 brokers for trading platforms and tools, while ATFX lags behind at #62. This difference reflects OANDA's superior provision of trading tools and platform features, making it a more appealing choice for those prioritizing advanced charting capabilities and platform variety.

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

For traders who prioritize mobile accessibility, both OANDA and ATFX provide apps for iPhone and Android users, with each supporting features like stock and forex price alerts and drawing tools for trendlines on charts. Despite these similarities, OANDA distinguishes itself with a larger offering of 30 technical studies available for chart analysis, compared to ATFX’s 7. Both apps allow viewing of multiple time frames and support watchlists with real-time quotes; however, neither provides watchlist symbol syncing with online accounts.

When it comes to user ratings and industry rankings, OANDA leads with a prestigious 5-star rating and is positioned at #7 out of 63 brokers in ForexBrokers.com's Mobile Trading Apps category. In contrast, ATFX holds a 3.5-star rating and sits at #63 in the same category. These distinctions make OANDA a strong contender for traders seeking a high-rated mobile trading platform with extensive analytical tools.

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 in the online brokerage industry, OANDA and ATFX offer some distinct features. Both brokers provide daily market commentary and access to economic calendars, keeping traders informed of key global events. OANDA excels in delivering forex news from renowned sources like Bloomberg and Reuters, whereas ATFX does not include these top-tier news outlets. Both brokers utilize Autochartist for technical and fundamental analysis tools, yet ATFX goes a step further by offering additional tools from Trading Central, which OANDA does not. On the flip side, OANDA provides a unique sentiment-based trading tool that visualizes the proportion of long and short positions across various currency pairs, a feature ATFX currently lacks.

In terms of overall research quality, OANDA outshines ATFX, earning a 5-star rating compared to ATFX's 3 stars. A comprehensive evaluation by ForexBrokers.com places OANDA as the fifth best out of 63 brokers in the research category, while ATFX is ranked 54th. Despite both brokers having their strengths, these ratings suggest that OANDA's research offerings are more highly regarded in the market than those of ATFX.

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

For beginners exploring online broker options with a focus on educational resources, OANDA and ATFX both offer a good starting point with a variety of materials dedicated to forex and CFD education. Each platform provides at least 10 educational pieces like articles, videos, and archived webinars, ensuring that foundational learning is accessible to newcomers. Moreover, both brokers have searchable archives of their recorded webinars, adding another layer of flexibility in accessing knowledge on demand.

However, when it comes to live online educational webinars, OANDA takes the lead by hosting at least one each month, a feature absent in ATFX's offerings. OANDA also provides a more comprehensive selection for advanced traders with at least 10 specialized videos tailored for experienced audiences. In addition, both brokers present an investor dictionary featuring definitions of key terms, helping newcomers become fluent in trading terminology. With a five-star rating for education, OANDA stands out, ranked at 22nd out of 63 brokers by ForexBrokers.com. Meanwhile, ATFX, with a three-star rating, is positioned at 28th in the same category. Overall, OANDA offers a broader spectrum of educational resources, making it a standout choice for those prioritizing educational depth and ongoing learning opportunities.

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 63 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
Platforms & 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
Platforms & 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
Platforms & 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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