XM vs ATFX, Updated for 2024

Compare XM vs ATFX

Every trading platforms has certain ups and downs, and any comprehensive XM and ATFX review would not be complete without having an objective perspective.

Examine XM and ATFX to understand just how they stack up to each other before you make an account. Conducting a comparative analysis helps to place factors into perspective so that you're informed about what to expect.

So you are looking for a professional broker and are choosing between XM or ATFX. Who should you choose?

Our XM vs ATFX comparison contains the latest information so you can easily compare ATFX against XM.

If you're a new entrant in the world of trading and brokers, so many details will be perplexing for you. Getting into the world of trading requires expert assessing skills and thorough knowledge. You will acquire proficient at all the concepts of broker since you continue trading. For starters, you have to select the right agent who will be transparent with you always.

In this fast-paced world of stock markets and trading, you will need guidance to make proper decisions. A professionally direct investment plan has the potential to create hefty returns. XM and ATFX are just two such stages which will take you and your investment to great heights. It's crucial to compare XM vs ATFX until you trust them with your cash.

Our XM vs ATFX comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust XM and ATFX side by side.

Our entire XM vs ATFX Review covers all you need to learn about trading with either XM or ATFX. A good broker can multiply your first investments and give you favorable profits. If you would like to make profits, you should trade with a brokerage service that aligns with your investing goals.

There is no sure-fire method to guarantee profits; thus, you must carefully analyze your broker before you select them. It's a common misconception that all agents are the same, but that's not correct. Wrong judgment, in the beginning, can put your investments at risk.

XM and ATFX are both brokers that have forged their way successfully into the brokerage world. Within this review, we've tried to collate some of the important aspects of both XM and ATFX. This review will allow you to know whether either ATFX or XM is a fantastic match for your own investments or not. We've tried to breakdown all of the qualities and fees for your convenience.

Benefits of XM and ATFX Compared

XM has a minimum deposit of $5 while ATFX offers a $100 minimum deposit.

Why smaller minimum deposits are good and how XM and ATFX compare

The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.

XM allows you to trade around 100 financial instruments whilst ATFX has around 100 financial instruments available.

The more instruments you can trade on the XM and ATFX trading platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you seriously do not want to miss out on a trading opportunity due to the limitations of XM or ATFX.

XM and ATFX Contact Details

Being able to contact an online trading platform through many ways is a sign of a professional broker. XM and ATFX have the following contact details and social medias that you can use.

ATFX and XM Mobile App Comparison

As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.

In this part of our comparison of XM and ATFX we'll check whether either of their mobile apps tick all the boxes.

Overall, we rate the user-friendliness of both apps as Better than the average.

It is important that any trading app has user friendly capabilities especially with the

Search Functions

While most brokers are good at this, there are some poor ones. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start with 'emerging'? If you only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?

XM vs ATFX - Awards

XM vs ATFX - Frequently Asked Questions

XM vs ATFX - Headquarters And Year Of Founding

XM was founded in 2009 and has its headquaters in Cyprus.

ATFX was founded in 2014 and has its headquaters in Cyprus.

What is the minimum deposit for ATFX or XM

The minimum deposit for XM is $5.

The minimum deposit for ATFX is $100.

Depending on your current situation, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both XM and ATFX are a good option.

XM vs ATFX - Regulation And Licencing In More Detail

XM is regulated by International Financial Services Commission(IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC).

ATFX is regulated by Cyprus Securities and Exchange Commission (CySEC).

Both XM and ATFX have a strong set of rules for ensuring fair trading on their own platforms. For data encryption functions, they supply industry-standard secure socket layers (SSL).

In accordance with their individual privacy policies, customer information is never to be shared with any other institutions or individuals. Including credit history and other financial information.

Compare XM vs ATFX Commission And Fees

XM and ATFX are online brokerage platforms, and most online brokerages charge lower fees than traditional brokerages tend to bill. The cause of this is that the companies of online brokerages are scaled better. In other words, an internet broker isn't necessarily influenced by the number of clients they have.

But this does not mean that online brokers don't charge any fees. They charge fees of varying rates for various services to earn money. There are mainly three types of penalties for this objective.

The first kind of fees to keep an eye out for are trading charges. Whenever you make an actual trade, like buying a stock or an ETF, you are billed trading fees. In these cases, you're spending a spread, financing rate, or even a commission. The sorts of trading fees and the rates vary from broker to broker.

Commissions can be fixed or dependent on the traded quantity. On the other hand, a spread denotes the difference between the buying and selling cost. Funding or overnight prices are people who are billed when you maintain a leveraged position for more than a day.

Aside from trading charges, online brokers also bill non-trading fees. These are determined by the actions you undertake on your accounts. They are billed for surgeries like depositing cash, not trading for lengthy periods, or withdrawals.

Generally, neither XM or ATFX charge high fees compared to other online brokers. For operations other brokers fee for, they either do not charge a brokerage fee, or they charge a lesser amount. This is beneficial for people who regularly trade, for example weekly or daily trading.

But, non-trading fees billed by XM and ATFX are relatively competitive. As a result, you are charged more for non-trading actions on your trading accounts, like withdrawal and deposits. These are not about the purchase and sale of assets.

This XM vs ATFX review for 2024 breaks down each of the relevant non-trading charges for you in detail.

Compare Broker Fees For XM And ATFX

What Languages Do XM And ATFX Support?

Being able to communicate easily with your trading broker is a key element when comparing trading platforms to find your perfect trading partner. Not only for support but to be sure you completely understand everything on their site and inside their app as it is a key part of success when trading forex.

Below you will find the languages that both XM and ATFX offer communication in.

How Many Clients Do XM and ATFX Have?

Both XM and ATFX are well established with their customer base. It is really important to work with an online broker you can trust and one of the easiest ways of understanding this is by knowing how many customers are using their services.

Below you will find details of how many customers XM and ATFX have

What Payment Methods Do XM and ATFX Accept?

XM and ATFX both offer a wide range of payment options which is vital when you have a global customer base.

Below you will find details of all the payment options available at XM and ATFX

What Can You Trade With XM and ATFX?

XM offers 100 trading instruments whilst ATFX offers 57.

Below you will find a full breakdown of what both XM and ATFX offer.