Written by ForexBrokers.com
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.
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.
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
|
ATFX
|
|---|---|---|
| Year Founded | 1996 | 2017 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 7 | 4 |
| Tier-2 Licenses | 0 | 2 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
Comparing commissions and fees, OANDA earns 4 out of 5 stars and ranks #35 of 63 brokers, while ATFX earns 3 out of 5 stars and ranks #61 of 63. ATFX does not provide average spread data, which makes a direct, apples-to-apples price comparison difficult.
OANDA’s trading costs tend to be on the high side versus the cheapest brokers. Its non-core average spread on EUR/USD was 1.61 pips in July 2024. The optional Core pricing cuts the spread but adds a commission of $5 per $100,000 per side (about $10 per round turn per standard lot) and requires a $10,000 minimum deposit. In a common scenario, a 1.6‑pip default spread versus a 0.4‑pip Core spread plus a 1‑pip commission equivalent results in a 1.4‑pip all-in cost—slightly cheaper than default pricing. OANDA also allows trade sizes down to 1 unit (well below a micro lot), offers automated execution, and provides active-trader rebates in select regions ($5–$17 per million) along with potential TradingView subscription reimbursements. Note: OANDA publishes trailing average spreads rather than fixed-period averages, which limits exact comparisons.
Because ATFX does not publish average spreads, its pricing transparency is limited compared to OANDA. Traders evaluating ATFX should review live quotes, account types, and any stated commissions to estimate real trading costs. By contrast, OANDA supplies more detail on spreads and commissions, plus optional rebates—though its overall pricing still isn’t among the lowest in the market.
| Feature |
OANDA
|
ATFX
|
|---|---|---|
| Minimum Deposit | $0 | $500 |
| Average spread (EUR/USD) - Standard account | 1.69 | N/A |
| All-in Cost EUR/USD - Active | 1.69 | N/A |
| Non-wire bank transfer | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | |
| Skrill (Deposit/Withdraw) | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes |
Dive deeper: Best Low Spread Forex Brokers.
In the OANDA vs ATFX comparison for range of investments, both brokers support forex trading via CFDs and spot contracts, and both offer copy trading. OANDA delivers a much wider product list with 4,172 tradeable symbols and 69 forex pairs, compared with ATFX’s 150 symbols and 44 pairs. For crypto, OANDA lets you buy actual cryptocurrencies as well as trade crypto CFDs, while ATFX limits crypto to CFDs.
OANDA also provides access to exchange-traded shares on both U.S. and international exchanges, something ATFX does not offer. Reflecting this wider menu, OANDA earns 4 out of 5 stars and ranks #28 of 63 brokers for Range of Investments, while ATFX scores 3.5 stars and ranks #58. In short, OANDA suits traders who want more markets, stocks, and real crypto, whereas ATFX fits those focused on a lean CFD and forex lineup.
| Feature |
OANDA
|
ATFX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 4172 | 150 |
| Forex Pairs (Total) | 69 | 44 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | Yes | Yes |
| Cryptocurrency (Underlying) | Yes | 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.
OANDA and ATFX both offer strong coverage of the basics for trading platforms and tools. Each provides a free demo account for paper trading, web-based and Windows desktop platforms, copy trading, and the option to place trades directly from charts. Both brokers also support MetaTrader 4 (MT4) and MetaTrader 5 (MT5). One key difference: OANDA offers its own in-house trading platform, while ATFX focuses on third-party platforms rather than a proprietary option.
For ratings, ForexBrokers.com gives OANDA 4 out of 5 stars and ranks it 15th out of 63 brokers for Trading Platforms and Tools. ATFX earns 3.5 stars and ranks 63rd out of 63. The exact number of built-in technical indicators and watch list columns was not specified for either broker; testing a demo is the easiest way to see which platform layout and tools you prefer.
| Feature |
OANDA
|
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) | 89 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
OANDA and ATFX both offer mobile trading apps for iPhone and Android, and each supports stock and forex price alerts. However, neither app syncs watchlists with your online account, so changes made on desktop won’t automatically appear on mobile (and vice versa). If watchlist syncing matters to you, that’s a key limitation to note in this OANDA vs ATFX mobile app comparison.
For charting, OANDA’s mobile app includes 30 technical studies, while ATFX offers 7. Both apps let you draw trendlines and automatically save your chart drawings. In expert reviews, OANDA’s mobile trading app earns 5 stars and ranks #7 out of 63 brokers at ForexBrokers.com, while ATFX scores 3.5 stars and ranks #64. If you want more indicators and a higher-rated mobile experience, OANDA stands out; if you only need basic charting tools and alerts, ATFX can still get the job done.
| Feature |
OANDA
|
ATFX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 7 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Comparing OANDA vs ATFX for market research: both brokers publish daily market commentary and include an economic calendar. OANDA adds forex news from top-tier sources such as Bloomberg, Reuters, or Dow Jones, while ATFX does not. Both offer Autochartist for technical analysis. ATFX includes Trading Central tools, which OANDA lacks. OANDA provides a sentiment tool showing the ratio of long and short positions; ATFX does not. OANDA does not offer TipRanks or Acuity Trading tools, and ATFX’s support for TipRanks and Acuity Trading isn’t specified.
Ratings highlight the gap: OANDA earns 5 stars and ranks #4 out of 63 brokers for Research, while ATFX holds 3 stars and ranks #55, according to ForexBrokers.com. In short, choose OANDA if you value integrated news and trader sentiment, or pick ATFX if Trading Central signals are a priority.
| Feature |
OANDA
|
ATFX
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | Yes | Yes |
| Trading Central | No | Yes |
| Client sentiment data | Yes | No |
| TipRanks | No | |
| Acuity Trading | No | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Both OANDA and ATFX offer forex and CFD education suitable for beginners, meeting the bar of at least 10 educational pieces. Each broker provides 10+ beginner-friendly videos that explain trading basics in plain language. Where they differ is depth and format: OANDA also runs client webinars at least once a month and offers 10+ advanced videos for traders who want to keep learning, while ATFX does not host monthly webinars and lacks the same volume of advanced video content.
Independent ratings underline the gap. OANDA earns 5 stars for Education and ranks #19 out of 63 brokers on ForexBrokers.com, while ATFX earns 3 stars and ranks #28. If you want beginner materials plus ongoing webinars and advanced lessons, OANDA is the stronger choice. If you mainly want beginner videos to start learning forex and CFDs, ATFX can still do the job.
| Feature |
OANDA
|
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 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
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ATFX
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|---|---|---|
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| Trust Score | 93 | 85 |
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OANDA lets you buy real, delivered cryptocurrency as well as trade cryptocurrency CFDs, while ATFX only offers cryptocurrency CFDs and does not support buying actual crypto.
OANDA vs ATFX: OANDA supports ACH/SEPA, PayPal, Skrill, and bank wire deposits/withdrawals, while ATFX does not support ACH/SEPA and its availability for PayPal, Skrill, Visa/Mastercard, and bank wires 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 | OANDA | ATFX | |
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| Trust Score | 93 | 85 | |
| Winner | check_circle | ||
| Review | OANDA Review |
| Broker Screenshots | OANDA | ATFX | |
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| Regulation | OANDA | ATFX | |
|---|---|---|---|
| Trust Score | 93 | 85 | |
| Year Founded | 1996 | 2017 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 7 | 4 | |
| Tier-2 Licenses | 0 | 2 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | OANDA | ATFX | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | No | Yes | |
| Japan (SFC Authorised) | Yes | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | Yes | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | OANDA | ATFX | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA, FSRA, or SCA Authorised) | No | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No |
| Investments | OANDA | ATFX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 4172 | 150 | |
| Forex Pairs (Total) | 69 | 44 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | Yes | Yes | |
| Cryptocurrency (Underlying) | Yes | 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 | OANDA | ATFX | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.69 | N/A | |
| All-in Cost EUR/USD - Active | 1.69 | N/A | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | No | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | OANDA | ATFX | |
|---|---|---|---|
| Minimum Deposit | $0 | $500 | |
| PayPal (Deposit/Withdraw) | Yes | ||
| Skrill (Deposit/Withdraw) | Yes | ||
| Bank Wire (Deposit/Withdraw) | Yes | ||
| Non-wire bank transfer | Yes | No |
| Trading Platforms | OANDA | 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 | No | No |
| Trading Tools | OANDA | ATFX | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 89 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | OANDA | 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 | 30 | 7 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | OANDA | ATFX | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | Yes | Yes | |
| Trading Central | No | Yes | |
| TipRanks | No | ||
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | OANDA | ATFX | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | OANDA | ATFX | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | OANDA Review |
| Overall | OANDA | ATFX | |
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| Trust Score | 93 | 85 | |
| Winner | check_circle | ||
| Review | OANDA Review |
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