ATFXvs
FP MarketsForex Broker Comparison
Two regulation-forward brokers clash on pricing, platforms, and instrument breadth. The tension centers on safety versus platform choice.
Our Verdict
FP Markets winsby 0.3 pts
FP Markets edges ATFX on the editorial score, due to FP Markets' broader platform suite and true ECN pricing.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1FP Markets offers advanced charting options
- 2Instruments: FP Markets 10,000 vs ATFX 300
- 3Raw spreads: FP Markets available; ATFX not offered
Who should choose ATFX vs FP Markets?
Find out which broker best suits your trader profile.
Choose ATFX if…
Choose ATFX if you want a $0 minimum deposit and MT4 access. It is regulated by FCA, CySEC, and FSCA with client funds segregated.
Choose FP Markets if…
Choose ATFX if you want a $0 minimum deposit and MT4 access. It is regulated by FCA, CySEC, and FSCA with client funds segregated.
Verdict by Trader Profile
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Best for low cost trading
Recommended
FP Markets offers tighter spreads from 0.00 pips vs 1.80 pips for ATFX, reducing trading costs.
Best for safety & regulation
ATFX vs FP Markets: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.2/ 5 | 4.5/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.3 / 5 | 4.6 / 5▲ |
ATFX vs FP Markets Forex Broker Pros & Cons
Pros
FCA (UK), CySEC (EU), and FSCA (SA) licensing
300+ instruments including ETF CFDs and bond CFDs
FSCS protection up to GBP 85,000 for UK clients
No minimum deposit, no inactivity fee
Client funds held in segregated accounts
ATFX vs FP Markets: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
0
ATFX
criteria wins
2
FP Markets
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | ATFX | FP Markets |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Pass | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Fail | Pass |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Fail | Fail |
| Mobile app | Pass | Pass |
| Advanced charting tools | Fail | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
ATFX vs FP Markets: Frequently Asked Questions
The scores are close: ATFX rates 4.2/5 and FP Markets rates 4.5/5. FP Markets has a marginal edge in our scoring, but the difference is small enough that your specific priorities — fees, platforms, or regulatory jurisdiction — should guide the final choice.
FP Markets starts from 0 pips, tighter than ATFX's 1.8 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
ATFX has no minimum deposit, while FP Markets requires at least $100. This makes ATFX more accessible for traders with limited starting capital.
Both ATFX and FP Markets hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, two factors stand out: ATFX has no minimum deposit, removing the capital barrier entirely, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
ATFX lists maximum leverage of 400:1, while FP Markets lists up to 500:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
FP Markets charges $6 per lot on commission-based accounts. Commission details for ATFX are not currently available. Check their website for up-to-date pricing.
ATFX supports MetaTrader 4, while FP Markets supports cTrader, IRESS, MetaTrader 5, TradingView, MetaTrader 4. Both provide MetaTrader 4. FP Markets has exclusive access to cTrader and IRESS and MetaTrader 5 and TradingView.
