ATFXvs
OANDAForex Broker Comparison
In a head-to-head review, ATFX and OANDA compete on regulation, costs, and platforms, revealing how licensing, pricing, and toolsets shape trader choices.
Our Verdict
OANDA winsby 0.4 pts
OANDA has the higher editorial score, outperforming ATFX. This reflects stronger category ratings across trust, fees, platforms, and support.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1ATFX offers 300 instruments versus OANDA’s 70.
- 2ATFX has no inactivity fee while OANDA imposes one.
- 3OANDA provides a proprietary platform with advanced charting.
Who should choose ATFX vs OANDA?
Find out which broker best suits your trader profile.
Choose ATFX if…
You choose ATFX for no inactivity fee. You also access about 300 instruments. You choose OANDA for platform choice. You get MT4 and MT5 plus a proprietary platform.
Choose OANDA if…
You choose ATFX for no inactivity fee. You also access about 300 instruments. You choose OANDA for platform choice. You get MT4 and MT5 plus a proprietary platform.
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
OANDA offers tighter spreads from 1.00 pips vs 1.80 pips for ATFX, reducing trading costs.
Best for safety & regulation
ATFX vs OANDA: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.2/ 5 | 4.6/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.3 / 5 | 4.8 / 5▲ |
ATFX vs OANDA 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 OANDA: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
1
ATFX
criteria win
2
OANDA
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | ATFX | OANDA |
|---|---|---|
| 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 | Fail |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Fail |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Fail | Pass |
| 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 OANDA: Frequently Asked Questions
The scores are close: ATFX rates 4.2/5 and OANDA rates 4.6/5. OANDA 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.
OANDA starts from 1 pips, tighter than ATFX's 1.8 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
Neither ATFX nor OANDA requires a minimum deposit, making both accessible regardless of starting capital.
Both ATFX and OANDA 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, both brokers provide negative balance protection. Also compare demo account availability and educational resources on each broker's site before deciding.
ATFX lists maximum leverage of 400:1, while OANDA lists up to 50:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
ATFX supports MetaTrader 4, while OANDA supports MetaTrader 5, Proprietary Web/Mobile, TradingView, MetaTrader 4. Both provide MetaTrader 4. OANDA has exclusive access to MetaTrader 5 and Proprietary Web/Mobile and TradingView.
