Compare forex brokers Olymp Trade VS Atfx

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

OLYMP TRADE VS ATFX

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.

Olymp Trade
Olymp Trade Overview

Olymp Trade is a Forex Binary Broker offering Forex Trading services via Mobile and Web trading platforms. Regarding orders execution model, Olymp Trade is a b-book broker (market maker). Olymp Trade offers trading of currencies, indices, shares and commodities - binary options only. Olymp Trade is regulated by the FinaCom (Hong Kong).

# Broker's Features OLYMP TRADE Availability ATFX 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 Olymp Trade vs Atfx.

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. Olymp Trade offers Online Financial Trading and Investment Services Such as Cryptocurrency-currencies, Currencies, Commodities, Indice, while Atfx offers Currencies, Commodities, Indices, Stocks, Cryptocurrency.

Broker Type: Many types of brokers can be found in the most dynamic market in the world. Olymp Trade is Broker, while Atfx is No dealing desk, STP.

Minimum Deposit Requirement: To compare these two FX brokers, we will then take a look at how much is required as a basic minimum to open an account. You need to consider how much money you can spare to start off a Forex brokerage. Olymp Trade recommended minimum capital is 10, while Atfx has a Minimum Deposit Requirement of .

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. Olymp Trade is regulated by IFC, while Atfx regulated by FCA. 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. Olymp Trade offers dollar, euro, ruble, Brazilian real, Thai baht, Ch different account currencies for each account types, while Atfx offers account currencies.

Languages Available: Next lets have a look at each broker's different Language options. Olymp Trade offers English, Thai, Indonesian, Portuguese, Spanish, Tu, while Atfx offers Arabic, Chinese, Czech, English, Filipino, French, Customer Support Languages.

Payment methods: Next lets have a look at each broker's payment options. Olymp Trade offers Credit/Debit Cards, QIWI, Skrill, Webmoney, Bitcoin, Yand different payment methods for each account types, while Atfx offers Credit/Debit Cards, Neteller, Skrill, Bank Wire Transfer payment methods.

Trading platforms: Next, let's look at the tools and features fx traders desire. With trading platforms, Olymp Trade makes Olymp Trade platform available to clients, while Atfx offers MT4.

The Verdict: Olymp Trade or Atfx?

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

Objectively, Atfx is more reliable based on our criteria above. Atfx has a wider range of instruments to trade giving you the flexibility to get access and exposure to a wide range of markets. Only Atfx Offers the MetaTrader Platform. MetaTrader platform is a comprehensive trading platform that is often touted as being the best for forex trading. A popular, versatile and unique tool. Atfx offers a wider range of platforms making it easier for the traders to choose one that matches their needs most. Customer service in your national language might not be a major concern for traders based in English-speaking countries, but it is a defining requirement for traders from other regions such as Asia and South America. Atfx has a wider range of languages in which customer service is offered making the broker more accessible. As Atfx offer STP execution, you can expect tighter spreads with more transparency over the price you‘re paying to execute your trades.

What We Really Like on Atfx

ATFX has low CFD and forex fees. The account opening is seamless and fast. From bank transfers to electronic wallets, you have many options for deposit and withdrawal and they are free of charge.

What We’d Like More 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.

Are you Satisfied with what They Offer?