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 the commissions and fees of online brokers Spreadex and ATFX, investors will find notable differences. Spreadex offers an average spread of 0.81 pips for EUR/USD as of January 2024, with the possibility of achieving a minimum spread of 0.6 pips about 60% of the time. This competitive pricing has earned Spreadex a commendable rating of 4 out of 5 stars in this category and a noteworthy rank of #27 out of 62 brokers by ForexBrokers.com.
In contrast, ATFX does not provide specific data on average spreads, which can make it more challenging for potential clients to evaluate their cost-effectiveness. Despite this lack of transparency, ATFX still maintains a reasonable rating of 3 out of 5 stars for commissions and fees. However, when assessing overall rankings, ATFX is positioned much lower at #59 out of 62, according to ForexBrokers.com, indicating higher costs or less favorable trading conditions compared to many of its competitors.
Choosing between Spreadex and ATFX may depend largely on the value that investors place on transparency and competitive pricing. Those seeking detailed spread information and lower potential costs might favor Spreadex, while others may consider ATFX for different aspects of its service offering. Investors should weigh these considerations carefully against their trading needs and preferences.
| 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.
Spreadex and ATFX both offer forex trading as a CFD or spot contract, catering to traders interested in the currency market. However, Spreadex boasts an impressive offering with 10,000 tradeable symbols, compared to ATFX's more modest 150. This wide range of options extends to forex pairs as well, where Spreadex offers 52 pairs, slightly edging out ATFX's 44. While neither broker provides the ability to trade exchange-traded securities on U.S. or international exchanges, both allow trading of cryptocurrency derivatives, though actual cryptocurrency buying is not available with either.
In terms of user features, Spreadex does not support copy trading, whereas ATFX offers this capability, appealing to those who prefer to mimic the trades of experienced investors. Despite this, Spreadex's vast array of tradeable instruments earns it a higher rating of five stars and a #13 ranking by ForexBrokers.com for range of investments, significantly outperforming ATFX, which is rated 3.5 stars and ranked #57. This suggests that while ATFX may be suitable for traders seeking the copy trading feature, Spreadex’s broader selections might better attract those who prioritize variety in their investment opportunities.
| 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.
Comparing Spreadex and ATFX brings to light distinct differences in their trading platforms and tools, catering to different trader preferences. Both brokers provide simulated trading with free virtual demo accounts, allowing new users to hone their skills without financial risk. Spreadex shines with its in-house developed proprietary platform, offering a seamless web-based experience ideal for traders who prefer online navigation. On the other hand, ATFX provides a downloadable Windows-based platform and supports popular third-party platforms like MetaTrader 4 and MetaTrader 5, making it a versatile choice for those accustomed to these industry-standard tools.
When it comes to advanced features, ATFX stands out with its copy trading option, which Spreadex lacks. Although Spreadex doesn’t support MetaTrader platforms, its charting tools provide 11 drawing options, in contrast to ATFX’s 15. Both brokers allow trading directly from stock charts, boosting convenience for quick decision-makers. Spreadex offers eight columns for watch lists compared to ATFX's seven, which enhances user customization. Rated 4 stars and ranked 46 out of 62 brokers for trading platforms and tools, Spreadex appears slightly stronger overall compared to ATFX’s 3.5-star rating and 61st place ranking.
| 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 offer iPhone and Android apps, making it convenient for traders who prefer mobile trading. Users from both platforms can receive stock or forex price alerts and have the ability to draw trendlines across charts. However, neither app syncs watchlists between the mobile and online accounts. When it comes to technical studies available for charting, ATFX offers seven, whereas Spreadex does not provide a specified number. Additionally, both apps allow viewing of charts in multiple time frames like daily, weekly, or intraday. A small distinction is in drawing capabilities as ATFX’s app saves drawings automatically, while Spreadex’s does not.
For those who rely on watchlists, both platforms accommodate the creation of watchlists with real-time quotes. Despite these similarities, Spreadex scores slightly higher with a mobile trading app rating of four stars, compared to ATFX's 3.5 stars. This higher rating is reflected in its ranking from ForexBrokers.com, where Spreadex is placed at #46 out of 62 brokers, while ATFX trails behind at #62. This indicates that although both apps deliver core features, Spreadex might offer a slightly more satisfactory mobile trading experience overall.
| 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.
Spreadex and ATFX both provide valuable resources for traders seeking market insights, with each offering daily market commentary and an economic calendar for tracking significant global events. Spreadex stands out by providing forex news from top-tier sources such as Bloomberg and Reuters, a feature that ATFX lacks. Both platforms offer technical analysis tools from Autochartist; however, ATFX also includes Trading Central tools, which Spreadex does not. Additionally, Spreadex offers a sentiment-based trading tool that shows position ratios across currencies, a feature missing from ATFX. Neither broker provides market research from TipRanks or tools from Acuity Trading.
When comparing their overall research capabilities, Spreadex earns a higher rating with four out of five stars and ranks 31st among 62 brokers on ForexBrokers.com, whereas ATFX receives three stars and ranks 54th. This suggests that Spreadex may offer a more in-depth market research experience, thus potentially catering better to traders looking for comprehensive market analysis tools and insights.
| 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 comparing Spreadex and ATFX for educational resources aimed at beginner traders, both brokers offer a solid foundation with a variety of materials. Each provides at least ten educational pieces focused on forex or CFDs, ensuring newcomers have ample access to fundamental information. Additionally, both brokers offer a collection of beginner-focused videos, helping newcomers grasp trading concepts. Spreadex offers an investor dictionary with over 50 investing terms, a feature mirrored by ATFX. However, Spreadex earns a higher education rating of 4 out of 5 stars compared to ATFX's 3 stars.
Despite their strengths, both brokers lack some advanced offerings. Neither provides online client webinars or advanced educational videos for seasoned traders. However, ATFX does offer a searchable archive of previously recorded webinars, giving learners access to past sessions, unlike Spreadex. In educational rankings, ATFX sits higher at #28, while Spreadex is at #45 out of 62 brokers. These differences highlight ATFX's slightly broader educational reach, despite the higher individual ratings for Spreadex.
| 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 62 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 | |
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| 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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