Trading 212 vs ATFX 2024

Trading 212 is not publicly traded and does not operate a bank. Trading 212 is authorized by two Tier-1 regulators (Highly Trusted), zero Tier-2 regulators (Average Trust), zero Tier-3 regulators (Low Trust), and zero Tier-4 regulators (High-Risk). Trading 212 is authorised by the following Tier-1 regulators: the Financial Conduct Authority (FCA) and regulated in the European Union via the MiFID passporting system.

ATFX is not publicly traded and does not operate a bank. ATFX is authorised by two tier-1 regulators (Highly Trusted), one Tier-2 regulators (Trusted), zero Tier-3 regulators (Average Risk), and one Tier-4 regulator (High Risk). ATFX is authorised by the following Tier-1 regulators: Financial Conduct Authority (FCA) and regulated in the European Union via the MiFID passporting system

Best known for its mobile trading app, Trading 212 offers an easy-to-use trading platform suite for CFD and share trading, as well as a large variety of forex pairs. However, despite its well-designed platform and wide range of symbols, its lack of advanced trading tools and flat research offerings hamper Trading 212’s bid to be considered a top broker.

ATFX primarily offers the MetaTrader platform suite from its regulated brands in the EU via Cyprus, and the UK, as well as its offshore entity in Mauritius. ATFX has made progress although still trails behind the best brokers when it comes to the range of investment products it offers and the available trading platforms.

To open a trading account with Trading 212, you'll need to make an initial minimum deposit of €10.

ATFX requires a minimum deposit of $500 before you can open an account and start trading.

It's important to make sure that your forex broker accepts the funding options and deposit methods that work best for you. Trading 212 offers Visa/Mastercard (Credit/Debit), Bank Wire (Deposit/Withdraw) and PayPal (Deposit/Withdraw) for banking, whereas ATFX provides Visa/Mastercard (Credit/Debit), Bank Wire (Deposit/Withdraw), Skrill (Deposit/Withdraw) and Neteller (Deposit/Withdraw).

Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spread data, and pricing structures vary. Based on our thorough, data-driven testing of each broker's commissions and fees, we found that Trading 212 offers better pricing overall for traders.

Methodology: When testing each broker's commissions, fees, and pricing, we analyze multiple trade scenarios and award points based on the expansiveness (or inexpensiveness) of the broker's spreads. We then run multiple scenarios for different investor types, incorporating any miscellaneous fees, to determine an "all-in" cost per trade. Learn more about how we test.

At ForexBrokers.com, we track over 110 international regulatory agencies and sort them by tiers (Tier-1, Tier-2, Tier-3, Tier-4, and Tier-5) to help you choose well-regulated, highly trusted forex brokers. Learn more about our proprietary Trust Score rating system. Based on our research on the regulatory status of over 60 brokers, we've found that ATFX holds 4 global Tier-1 licenses, while Trading 212 holds 2. ATFX holds 2 global Tier-2 licenses, while Trading 212 holds 0.

After evaluating each broker based on their number of held licenses, years in business, and a range of other data-driven variables, we've determined that ATFX (85) earned a higher Trust Score than Trading 212 (79).

To compare the trading platforms of both Trading 212 and ATFX, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, Trading 212 offers a better experience. With research, Trading 212 offers superior market research. Finally, we found Trading 212 to provide better mobile trading apps.

Here’s what trading platforms are available at Trading 212:

• Proprietary Platform - Yes
• Web Platform - Yes
• cTrader - No
• DupliTrade - No
• MT4 - No
• MT5 - No
• ZuluTrade - No
• TradingView - No

Here’s what trading platforms are available at ATFX:

• Proprietary Platform - No
• Web Platform - Yes
• cTrader - No
• DupliTrade - No
• MT4 - Yes
• MT5 - Yes
• ZuluTrade - No
• TradingView - No

The MetaTrader trading platform suite is wildly popular among forex and CFD traders across the globe. ATFX offers MetaTrader 4 (MT4), while Trading 212 does not. Forex traders also appreciate the ability to engage in social copy trading. While ATFX offers copy trading, Trading 212 does not.

Trading 212 provides traders 146 currency pairs (e.g., EUR/USD) compared to ATFX's 44 available pairs. If you are interested in trading a full range of securities, Trading 212 offers traders access to 8025 tradeable symbols, while ATFX offers access to 150 tradeable symbols; so Trading 212 offers 7875 more tradeable symbols than ATFX.

We found in our testing that Trading 212 offers a more diverse selection of investment options than ATFX, allowing you to trade Forex Trading (Spot or CFDs), U.S. Stocks (CFD), Int'l Stock Trading (Non CFD) and Cryptocurrency (Derivative). Neither have Cryptocurrency (Physical).