Compare forex brokers ATFX VS 24option

If you're choosing between ATFX and 24option forex brokers, we've compared hundreds of data points side-by-side to make finding the right broker for you easier. Is ATFX better than 24option? After assessing the two forex brokers on nearly 50 different variables, we would be able to get into an informed conclusion.

ATFX VS 24OPTION

24option
24option Overview

24option is an online Forex and CFD broker that operates from Cyprus and Belize. It offers forex, commodities, stocks and indices for trading on its platforms. It is a regulated brand.

ATFX
ATFX Overview

ATFX is a forex and CFD broker that is principally registered to the islands of St.Vincent & the Grenadines. However today we will be looking at the arm of the company registered to the UK, based in London, which is AT Global Markets (UK) limited and is authorized and regulated by the FCA in the UK.

# Broker's Features ATFX Availability 24OPTION Availability
# Commissions
# Hedging
# PAMM
# Scalping
# Accepts US traders
# 24 hour trading
# Swaps
# Demo account
# Daily analysis
# Automated trading
# Mobile trading
# Trading by phone
# 1st deposit bonus
# Forex contests competitions
# Bonuses Promotions
# Interest charges on the balance
# Free education
# Expert advisors
# Partnership programs
# Trust management
# 24 hour support

The variety of online brokers on the internet is very huge, so it is necessary to do a transparent review and comparison of the companies. After spending several days researching different forex brokers for trading FX, our team at onlineforextrading.net team collected over 50 data points. For this review, we will compare ATFX vs 24option.

Financial Trading and Investment Services: First of all, you should know which financial instrument you want to trade and then searching for the right broker. This can be stocks, forex, CFDs, cryptocurrencies or options. ATFX offers Online Financial Trading and Investment Services Such as Currencies, Commodities, Indices, Stocks, Cryptocurrency, while 24option offers Currencies, Commodities, Indices, Stocks, Bonds, Cryptocurrency.

Broker Type: Many types of brokers can be found in the most dynamic market in the world. ATFX is No dealing desk, STP, while 24option is Market Maker, STP.

Is the Forex broker regulated? Commissions and fees aside, let's take a look at regulation. Trust is critical, and you should highly consider choosing a broker that regulated in a major hub. ATFX is regulated by FCA, while 24option regulated by CySEC, IFSC. For our reviews, official regulation of an official financial authoritarian is required. Brokers have to fulfill certain conditions to get these licenses. In order to violate the rules, they would lose their license and a lot of money.

Account currencies: Next lets consider the Account currencies each broker offers. ATFX offers different account currencies for each account types, while 24option offers USD, EUR, GBP account currencies.

Languages Available: Next lets have a look at each broker's different Language options. ATFX offers Arabic, Chinese, Czech, English, Filipino, French,, while 24option offers English Customer Support Languages.

Payment methods: Next lets have a look at each broker's payment options. ATFX offers Credit/Debit Cards, Neteller, Skrill, Bank Wire Transfer different payment methods for each account types, while 24option offers Credit/Debit Cards, Moneybookers, Neteller, QIWI, Skrill payment methods.

Trading platforms: Next, let's look at the tools and features fx traders desire. With trading platforms, ATFX makes MT4 available to clients, while 24option offers MT4.

The Verdict: ATFX or 24option?

There’s no such thing as a perfect broker, but some are going to be a better fit for you than others.

Objectively, 24option is more reliable based on our criteria above. Regulations play a huge role in protecting the traders/investors interest as they compel the financial service providers such as forex brokers to act in a fair and ethical manner. 24option broker is regulated in more major hubs. 24option offers a wider range of Account currencies. Why does base currencies matter? Because if you fund your account in the same currency as your bank account, currency conversion fees won't be charged. As a market maker, 24option may have lower entry requirements compared to an ECN broker who benefits from a higher volume of trades and typically has larger capital and minimum trade requirements. Market makers typically have a lower minimum deposit, smaller minimum trade requirements and no commission on trades.

What We Don’t Like on ATFX

The product portfolio covers only forex, CFD, and crypto asset classes. At the account opening and customer support, the sales team is pushy. Lastly, you can't use fundamental data as a research tool.

Finally, if you're really not sure you can always use our free tool (takes 15 seconds) that will help you find a suitable Personalised Broker based on your precise requirements here.

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