Written by ForexBrokers.com
In this head to head comparison of Spreadex 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.
Spreadex and ATFX are two online brokers that offer trading options for individuals looking to participate in the financial markets. Founded in 1999, Spreadex has been in operation for a substantial period of time. It holds a single Tier-1 license, which signifies a high level of trust, according to ForexBrokers.com. Despite its long tenure in the industry, Spreadex has a Trust Score rating of 71, putting it in the average risk category. It's worth noting that Spreadex is not publicly traded and does not operate as a bank.
In contrast, ATFX, which started in 2017, has quickly built a solid reputation with a higher Trust Score rating of 85. This score places ATFX in the trusted category. The broker stands out with four Tier-1 licenses, reflecting its commitment to maintaining high regulatory standards. Additionally, ATFX has two Tier-2 licenses, further establishing its credibility. Like Spreadex, ATFX is not publicly traded and does not function as a bank. These factors contribute to its standing as a reliable choice for traders seeking an online broker.
| Feature |
Spreadex
|
ATFX
|
|---|---|---|
| Year Founded | 1999 | 2017 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 4 |
| Tier-2 Licenses | 0 | 2 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 1 |
When comparing Spreadex and ATFX for commissions and fees, Spreadex offers competitive conditions with an average spread of 0.81 pips on the EUR/USD pair as of January 2024. Notably, Spreadex achieved a minimum spread of 0.6 pips 60% of the time during that month, reflecting its cost-effectiveness for traders. By contrast, ATFX does not provide readily available average spread data, which may pose a challenge for those seeking transparency in trading costs.
In terms of ratings, Spreadex garners a solid 4 out of 5 stars for its commissions and fees, a testament to its favorable pricing structure. Meanwhile, ATFX earns a 3-star rating, indicating room for improvement in this area compared to its competitor. These ratings can guide traders in making informed decisions based on pricing efficiency.
The rankings from ForexBrokers.com further emphasize the differences between these two brokers. Spreadex holds a respectable position, ranking #27 out of 63 brokers for its commission and fee offerings. On the other hand, ATFX ranks significantly lower at #60, highlighting a gap in cost competitiveness and offering a clear choice for those prioritizing lower trading costs.
| Feature |
Spreadex
|
ATFX
|
|---|---|---|
| Minimum Deposit | $0 | $500 |
| Average Spread EUR/USD - Standard | 0.81 | 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 | No |
| Skrill (Deposit/Withdraw) | No | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing the range of investments available at Spreadex and ATFX, both offer forex trading through CFDs or spot contracts. Spreadex stands out with an impressive 10,000 tradeable symbols, including 52 forex pairs, while ATFX provides access to 150 tradeable symbols and 44 forex pairs. Neither broker offers exchange-traded securities on U.S. or international exchanges, which means clients cannot purchase company shares like Apple or Vodafone directly. However, both platforms do allow for trading cryptocurrency derivatives, though not the actual digital currencies themselves. One point to note is that ATFX offers the feature of copy trading, setting it apart from Spreadex in this respect.
Overall, Spreadex receives higher ratings for its range of investments, scoring 5 stars, compared to ATFX's 3.5 stars. This higher score is reflected in its ranking by ForexBrokers.com, where Spreadex secures the 13th spot out of 63 brokers in this category, while ATFX sits at 57th. This suggests that for those prioritizing a wider selection of tradeable symbols and forex pairs, Spreadex may offer more comprehensive options. However, if you are interested in copy trading, ATFX could be the preferable choice despite having fewer overall investment options.
| Feature |
Spreadex
|
ATFX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 10000 | 150 |
| Forex Pairs (Total) | 52 | 44 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| Social Trading / Copy Trading | No | Yes |
| 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.
When comparing Spreadex and ATFX for their trading platforms and tools, both brokers offer free virtual demo accounts, allowing users to practice trading techniques without financial risk. Spreadex stands out by providing a proprietary platform developed in-house, although it lacks a Windows-based desktop platform. In contrast, ATFX provides a Windows desktop platform and supports popular platforms like MetaTrader 4 and MetaTrader 5, beneficial for traders familiar with these systems. However, Spreadex surpasses ATFX in watchlist customization, offering eight columns compared to ATFX's seven.
Both brokers offer web-based trading platforms and allow users to trade directly from stock charts, enhancing the trading experience. While neither supports DupliTrade or ZuluTrade, ATFX offers copy trading, an option absent in Spreadex. Chart enthusiasts may find ATFX more appealing due to its 15 drawing tools compared to Spreadex’s 11. Despite these differences, Spreadex earns a higher rating of four stars for their trading platforms and tools, compared to ATFX’s 3.5-star rating. Furthermore, ForexBrokers.com ranks Spreadex at #46 out of 63 brokers, significantly ahead of ATFX's #62 ranking, highlighting its superior platform offerings.
| Feature |
Spreadex
|
ATFX
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | No | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 58 | 30 |
| Charting - Drawing Tools (Total) | 11 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 8 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both Spreadex and ATFX provide comprehensive mobile trading apps compatible with iPhone and Android devices. Users can receive stock or forex price alerts on both platforms, ensuring they're up-to-date with the latest market changes. However, neither app supports syncing watchlist symbols with online accounts, meaning any modifications aren't mirrored across devices. While Spreadex does not disclose how many technical studies are available on their app, ATFX offers seven distinct studies for better chart analysis. Both platforms allow users to draw trendlines and view different time frames, such as daily or intraday, enhancing the charting experience. However, only ATFX automatically saves these drawings for future use.
For traders creating watchlists, both apps excel by providing real-time quotes, yet they differ in user ratings and overall ranking. Spreadex receives a 4-star rating, ranking #46 out of 63 brokers, indicating slightly higher user satisfaction. Meanwhile, ATFX garners a 3.5-star rating and ranks #63, suggesting room for improvement. In summary, while both mobile trading apps offer essential features, Spreadex's higher rating and rank hint at a more preferred user experience compared to ATFX.
| Feature |
Spreadex
|
ATFX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | N/A | 7 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | No | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing the market research offerings of Spreadex and ATFX, both brokers provide valuable tools and resources for traders. Spreadex distinguishes itself by offering daily market commentary and access to forex news from premier sources such as Bloomberg and Reuters. Additionally, it provides Autochartist tools for technical and fundamental analysis, along with a sentiment-based trading tool that reveals the ratio of long or short positions. An economic calendar is also part of Spreadex’s offerings, ensuring traders are informed of current and upcoming global news events. Rated 4 stars for research, Spreadex ranks #31 out of 63 brokers on ForexBrokers.com.
ATFX also supports its traders with daily market commentary and technical analysis tools from Autochartist. While it doesn't deliver forex news from top-tier outlets, ATFX compensates with tools from Trading Central, enhancing technical analysis capabilities. Like Spreadex, ATFX provides an economic calendar to monitor important global news events. Despite these features, ATFX is rated 3 stars for research and ranks #54 on the ForexBrokers.com list. Both brokers have unique strengths in market research, yet Spreadex offers a slightly broader array of top-tier news and sentiment tools, contributing to its higher research rating.
| Feature |
Spreadex
|
ATFX
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | Yes | Yes |
| Trading Central (Recognia) | No | Yes |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources tailored for beginners, both Spreadex and ATFX provide a helpful array of tools. Each broker offers more than ten educational materials, featuring things like articles, videos, and archived webinars focused on forex and CFDs. Both platforms also present at least ten beginner educational videos, making it easier for newcomers to grasp trading basics. Additionally, each broker supplies an investor dictionary with over 50 key investing terms, aiding learners in understanding crucial concepts. However, neither Spreadex nor ATFX conducts regular monthly webinars or provides a series of advanced educational videos aimed at experienced traders.
Despite similar offerings for beginners, there are notable distinctions between the two brokers. ATFX leads with a searchable archive of recorded webinars, allowing users to revisit past learning sessions conveniently. This feature is absent in Spreadex's offerings. When ranked among 63 brokers, ATFX holds a better position at #28 in ForexBrokers.com's Education category, but it has a slightly lower rating of 3 stars out of 5 for its educational content. Spreadex, on the other hand, enjoys a higher user rating of 4 stars despite being ranked lower at #45. Each broker has its strengths and differences, giving aspiring traders distinct choices depending upon their preferred learning style.
| Feature |
Spreadex
|
ATFX
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | No |
| Client Webinars (Archived) | No | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | No |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Spreadex is better than ATFX. Spreadex finished with an overall rank of #39, while ATFX finished with an overall rank of #51.
Spreadex is an FCA-regulated broker in the UK, offering forex and CFDs, and is well known for its sports betting business, and proprietary web trading platforms. Spreadex still has considerable room to improve, in key categories such as research and education, compared to the best forex brokers.
| Feature |
Spreadex
|
ATFX
|
|---|---|---|
| Overall Rating |
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| Trust Score | 71 | 85 |
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Both Spreadex and ATFX do not offer the option to purchase actual cryptocurrency but provide the ability to trade cryptocurrency derivatives.
When comparing the online brokers Spreadex and ATFX, both do not support ACH, SEPA, or PayPal for fund transactions, but while ATFX offers Skrill as a deposit and withdrawal option, Spreadex does not; however, both platforms accept Visa, Mastercard, and bank wires for transactions.
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 | Spreadex | ATFX | |
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| Trust Score | 71 | 85 | |
| Winner | check_circle | ||
| Review | Spreadex Review |
| Broker Screenshots | Spreadex | ATFX | |
|---|---|---|---|
| Trading Platforms Gallery (click to expand) | |||
| Mobile Trading Gallery (click to expand) | |||
| Research Gallery (click to expand) | |||
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| Regulation | Spreadex | ATFX | |
|---|---|---|---|
| Trust Score | 71 | 85 | |
| Year Founded | 1999 | 2017 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 1 | 4 | |
| Tier-2 Licenses | 0 | 2 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 1 |
| Tier-1 Licenses (Highly Trusted) | Spreadex | ATFX | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | 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) | No | No | |
| 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). | No | Yes |
| Tier-2 Licenses (Trusted) | Spreadex | ATFX | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Spreadex | ATFX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 10000 | 150 | |
| Forex Pairs (Total) | 52 | 44 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| Social Trading / Copy Trading | No | Yes | |
| 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 | Spreadex | ATFX | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.81 | 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 | Spreadex | ATFX | |
|---|---|---|---|
| Minimum Deposit | $0 | $500 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | Spreadex | ATFX | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | No | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Spreadex | ATFX | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 8 | 7 | |
| Charting - Indicators / Studies (Total) | 58 | 30 | |
| Charting - Drawing Tools (Total) | 11 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Spreadex | ATFX | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | N/A | 7 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | No | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Spreadex | ATFX | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | Yes | Yes | |
| Trading Central (Recognia) | No | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Spreadex | ATFX | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | No | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | Spreadex | ATFX | |
|---|---|---|---|
| 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 | Spreadex Review |
| Overall | Spreadex | ATFX | |
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| Trust Score | 71 | 85 | |
| Winner | check_circle | ||
| Review | Spreadex Review |
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