Written by ForexBrokers.com
In this head to head comparison of ATFX vs Xtrade, 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.
ATFX, founded in 2017, and Xtrade, established in 2003, are both online brokers that operate without being listed on any stock exchanges, nor are they banks. Comparing their trustworthiness, ATFX holds a ForexBrokers.com Trust Score of 85, which falls into the 'trusted' category, while Xtrade scores a 74, indicating an 'average risk'. This difference is underscored by the number of regulatory licenses each broker holds: ATFX maintains four Tier-1 licenses, regarded as highly trustworthy, and two Tier-2 licenses, which are trusted, compared to Xtrade's one Tier-1 and one Tier-2 license.
| Feature |
ATFX
|
Xtrade
|
|---|---|---|
| Year Founded | 2017 | 2003 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 1 |
| Tier-2 Licenses | 2 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
When comparing the commissions and fees of online broker ATFX and Xtrade, potential investors have several factors to consider. ATFX, rated 3 out of 5 stars for its commissions and fees, ranks 60th out of 63 brokers according to ForexBrokers.com. While specific average spread data isn't available, ATFX's rating suggests a reasonably competitive fee structure compared to some of its peers in the online trading market.
Xtrade, on the other hand, has a slightly lower rating of 2.5 out of 5 stars for its commissions and fees and is ranked 63rd in the same category by ForexBrokers.com. This places Xtrade at the bottom of the list for cost-effectiveness in trading costs among its competitors. Like ATFX, Xtrade also lacks specific average spread data, making it challenging to carry out a detailed cost comparison based solely on spread information.
In summary, while neither ATFX nor Xtrade stands out as a leader in the area of commissions and fees, ATFX edges out Xtrade by a small margin. Investors considering these brokers should weigh these rankings and ratings as part of their broader evaluation when selecting a platform to manage their trading activities.
| Feature |
ATFX
|
Xtrade
|
|---|---|---|
| Minimum Deposit | $500 | $250 |
| Average Spread EUR/USD - Standard | N/A | 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) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Both ATFX and Xtrade provide a substantial range of investment opportunities for online traders, though each platform has its unique offerings. ATFX offers 150 tradeable symbols, including 44 forex pairs, and supports trading forex either as a CFD or spot contract. While it lacks exchange-traded securities, the broker compensates with cryptocurrency derivatives and a copy trading feature. In comparison, Xtrade presents a wider selection with 482 tradeable symbols and 56 forex pairs, also enabling forex trading as a CFD or spot contract. However, it does not support copy trading, nor does it offer exchange-traded securities or actual cryptocurrencies.
Despite their differences, both brokers are rated equally with 3.5 stars for their range of investments. ATFX and Xtrade do not provide access to exchange-traded securities on U.S. or international exchanges, but they both allow trading in crypto derivatives, not actual cryptocurrencies. Among 63 brokers evaluated by ForexBrokers.com, ATFX ranks at #57, while Xtrade stands at #49, reflecting a slight edge in their range of available investments.
| Feature |
ATFX
|
Xtrade
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 150 | 482 |
| Forex Pairs (Total) | 44 | 56 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| Social Trading / Copy Trading | Yes | No |
| 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.
ATFX and Xtrade both offer traders the opportunity to familiarize themselves with the trading environment through free virtual demo accounts. ATFX supports popular platforms like MetaTrader 4 and MetaTrader 5 for those preferring a Windows-based desktop experience, although it doesn't provide a proprietary trading platform. In contrast, Xtrade offers a unique in-house platform, albeit without a Windows-based desktop download option. Both brokers provide convenient web-based trading platforms and the ability to trade directly from stock charts.
In terms of features, ATFX allows copy trading, a feature absent in Xtrade's offerings. While both platforms offer a variety of charting tools, Xtrade stands out with 100 drawing tools compared to ATFX's 15. Additionally, Xtrade surpasses ATFX by offering more customization options for watch lists with nine columns available. Despite these differences, both brokers receive a rating of 3.5 stars for their trading platforms and tools. In rankings by ForexBrokers.com, ATFX and Xtrade are placed at 62 and 58, respectively, out of 63 brokers in the Trading Platforms and Tools category.
| Feature |
ATFX
|
Xtrade
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | No | Yes |
| Desktop Platform (Windows) | Yes | No |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | No |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | N/A |
| Charting - Drawing Tools (Total) | 15 | 100 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 9 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When it comes to mobile trading apps, both ATFX and Xtrade offer accessibility for iPhone and Android users. However, ATFX stands out by providing stock and forex price alerts, a feature not available with Xtrade. While neither platform allows watchlist symbol syncing with online accounts, ATFX offers a more dynamic charting experience with seven technical studies compared to Xtrade, which does not specify a number of technical studies. Additionally, ATFX's app permits users to draw trendlines and view multiple time frames on charts, features absent in Xtrade’s offering. The ATFX app also ensures auto-saving of chart drawings, enhancing the overall user experience.
On the other hand, Xtrade, despite lacking real-time watchlist creation, manages to secure a slightly higher user rating of 4 stars compared to ATFX's 3.5 stars. This may be a reflection of user preferences or other app features not detailed here. In ForexBrokers.com's ranking of 63 brokers for mobile trading apps, Xtrade holds the 53rd position, significantly better than ATFX, which is placed at 63rd. Ultimately, the choice between ATFX and Xtrade will depend on the specific features you value most in a mobile trading app.
| Feature |
ATFX
|
Xtrade
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | No |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 7 | N/A |
| Mobile Charting - Draw Trendlines | Yes | No |
| Mobile Charting - Multiple Time Frames | Yes | No |
| Mobile Charting - Drawings Autosave | Yes | No |
| Mobile Watchlist | Yes | No |
Dive deeper: Best Forex Trading Apps.
When comparing ATFX and Xtrade for market research offerings, both brokers provide daily market commentary, which helps traders stay updated on market trends. However, Xtrade offers an advantage with access to forex news from top-tier sources like Bloomberg and Reuters, a feature ATFX lacks. Meanwhile, ATFX stands out with the availability of technical analysis and research tools from Autochartist and Trading Central, providing traders with additional insights and analytics. Xtrade does not offer these particular tools, which could be an important factor for traders who rely heavily on technical analysis.
Both brokers offer an economic calendar to keep traders informed of upcoming global news events, a useful feature for timing trades. Neither ATFX nor Xtrade provides sentiment-based trading tools or research tools from companies like TipRanks or Acuity Trading. According to ForexBrokers.com, Xtrade slightly edges out ATFX with a research rating of 3.5 stars compared to ATFX's 3 stars. In the larger field, Xtrade is ranked 52nd while ATFX is close behind at 54th out of 63 brokers reviewed. These rankings indicate both platforms have room for improvement in their research offerings compared to other brokers.
| Feature |
ATFX
|
Xtrade
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | Yes | No |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | No | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
ATFX and Xtrade both provide a solid foundation of educational resources for beginners interested in forex and CFDs. Both online brokers offer a collection of over ten educational materials such as articles and videos aimed at helping newcomers understand the trading landscape. While neither host monthly webinars for clients, ATFX stands out by offering a searchable archive of previously recorded webinars, making it easier for clients to access past educational content. For those just starting, ATFX goes a step further by offering more than ten beginner-level educational videos. In contrast, Xtrade lacks this range of beginner-specific content.
When it comes to specific features like an investor dictionary with definitions of over 50 investing terms, both ATFX and Xtrade are on equal footing, ensuring clients have access to essential trading vocabulary. Despite ATFX’s comprehensive beginner resources and higher ranking (#28) by ForexBrokers.com for the Education category as compared to Xtrade’s #46, the overall rating sees Xtrade receiving a slight edge with 3.5 stars against ATFX’s 3 stars. This indicates that while both brokers provide valuable resources, the quality and accessibility of these resources may sway users differently.
| Feature |
ATFX
|
Xtrade
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| 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 ATFX is better than Xtrade. ATFX finished with an overall rank of #51, while Xtrade finished with an overall rank of #60.
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.
| Feature |
ATFX
|
Xtrade
|
|---|---|---|
| Overall Rating |
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| Trust Score | 85 | 74 |
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| Platforms & Tools |
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| Research |
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When comparing online brokers ATFX and Xtrade, both do not offer the ability to buy actual delivered cryptocurrency, but each provides the option to purchase cryptocurrency derivatives.
Both ATFX and Xtrade provide Skrill, Visa, Mastercard, and bank wire options for depositing and withdrawing account funds, but neither supports ACH, SEPA, or PayPal transfers.
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 | ATFX | Xtrade | |
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| Trust Score | 85 | 74 | |
| Winner | check_circle | ||
| Review | Xtrade Review |
| Broker Screenshots | ATFX | Xtrade | |
|---|---|---|---|
| Trading Platforms Gallery (click to expand) | |||
| Mobile Trading Gallery (click to expand) | |||
| Research Gallery (click to expand) | |||
| Education Gallery (click to expand) |
| Regulation | ATFX | Xtrade | |
|---|---|---|---|
| Trust Score | 85 | 74 | |
| Year Founded | 2017 | 2003 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 4 | 1 | |
| Tier-2 Licenses | 2 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | ATFX | Xtrade | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | Yes | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | ATFX | Xtrade | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | Yes | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | ATFX | Xtrade | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 150 | 482 | |
| Forex Pairs (Total) | 44 | 56 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| Social Trading / Copy Trading | Yes | No | |
| 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 | ATFX | Xtrade | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | 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 | ATFX | Xtrade | |
|---|---|---|---|
| Minimum Deposit | $500 | $250 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | ATFX | Xtrade | |
|---|---|---|---|
| Proprietary Platform | No | Yes | |
| Desktop Platform (Windows) | Yes | No | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | ATFX | Xtrade | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | No | |
| Watchlists - Total Fields | 7 | 9 | |
| Charting - Indicators / Studies (Total) | 30 | N/A | |
| Charting - Drawing Tools (Total) | 15 | 100 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | No |
| Mobile Trading | ATFX | Xtrade | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | No | |
| Mobile Watchlist | Yes | No | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 7 | N/A | |
| Mobile Charting - Draw Trendlines | Yes | No | |
| Mobile Charting - Multiple Time Frames | Yes | No | |
| Mobile Charting - Drawings Autosave | Yes | No | |
| Mobile Economic Calendar | Yes | No |
| Research | ATFX | Xtrade | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | No | |
| Economic Calendar | Yes | Yes |
| Education | ATFX | Xtrade | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | ATFX | Xtrade | |
|---|---|---|---|
| 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 | Xtrade Review |
| Overall | ATFX | Xtrade | |
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| Trust Score | 85 | 74 | |
| Winner | check_circle | ||
| Review | Xtrade Review |
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