GBE brokers vs ATFX 2024

GBE brokers is not publicly traded, does not operate a bank, and is authorised by one tier-1 regulator (Highly Trusted), zero tier-2 regulators (Trusted), zero tier-3 regulator (Average Risk), and one tier-4 regulator (High Risk). GBE brokers is authorised by the following Tier-1 regulators: Regulated in the European Union via the MiFID passporting system.

ATFX is not publicly traded and does not operate a bank. ATFX is authorised by two tier-1 regulators (Highly Trusted), one Tier-2 regulators (Trusted), zero Tier-3 regulators (Average Risk), and one Tier-4 regulator (High Risk). ATFX is authorised by the following Tier-1 regulators: Financial Conduct Authority (FCA) and regulated in the European Union via the MiFID passporting system

GBE offers 500 tradeable symbols from its CySEC-regulated entity in Cyprus, but lacks additional regulatory licenses which hampers its Trust Score, compared to leading multi-asset brokers.

ATFX primarily offers the MetaTrader platform suite from its regulated brands in the EU via Cyprus, and the UK, as well as its offshore entity in Mauritius. ATFX has made progress although still trails behind the best brokers when it comes to the range of investment products it offers and the available trading platforms.

To open a trading account with GBE brokers, you'll need to make an initial minimum deposit of $500.

ATFX requires a minimum deposit of $500 before you can open an account and start trading.

It's important to make sure that your forex broker accepts the funding options and deposit methods that work best for you. GBE brokers offers Visa/Mastercard (Credit/Debit), Bank Wire (Deposit/Withdraw), PayPal (Deposit/Withdraw), Skrill (Deposit/Withdraw) and Neteller (Deposit/Withdraw) for banking, whereas ATFX provides Visa/Mastercard (Credit/Debit), Bank Wire (Deposit/Withdraw), Skrill (Deposit/Withdraw) and Neteller (Deposit/Withdraw).

Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spread data, and pricing structures vary. Based on our thorough, data-driven testing of each broker's commissions and fees, we found that GBE brokers offers better pricing overall for traders.

Methodology: When testing each broker's commissions, fees, and pricing, we analyze multiple trade scenarios and award points based on the expansiveness (or inexpensiveness) of the broker's spreads. We then run multiple scenarios for different investor types, incorporating any miscellaneous fees, to determine an "all-in" cost per trade. Learn more about how we test.

At ForexBrokers.com, we track over 110 international regulatory agencies and sort them by tiers (Tier-1, Tier-2, Tier-3, Tier-4, and Tier-5) to help you choose well-regulated, highly trusted forex brokers. Learn more about our proprietary Trust Score rating system. Based on our research on the regulatory status of over 60 brokers, we've found that ATFX holds 2 global Tier-1 licenses, while GBE brokers holds 1. ATFX holds 1 global Tier-2 licenses, while GBE brokers holds 0.

After evaluating each broker based on their number of held licenses, years in business, and a range of other data-driven variables, we've determined that ATFX (73) earned a higher Trust Score than GBE brokers (71).

To compare the trading platforms of both GBE brokers and ATFX, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, GBE brokers offers a better experience. With research, ATFX offers superior market research. Finally, we found GBE brokers to provide better mobile trading apps.

Here’s what trading platforms are available at GBE brokers:

• Proprietary Platform - No
• Web Platform - Yes
• cTrader - No
• DupliTrade - No
• MT4 - Yes
• MT5 - Yes
• ZuluTrade - No
• TradingView - No

Here’s what trading platforms are available at ATFX:

• Proprietary Platform - No
• Web Platform - Yes
• cTrader - No
• DupliTrade - No
• MT4 - Yes
• MT5 - No
• ZuluTrade - No
• TradingView - No

The MetaTrader trading platform suite is wildly popular among forex and CFD traders across the globe. Both GBE brokers and ATFX offer MetaTrader 4 (MT4). Forex traders also appreciate the ability to engage in social copy trading. GBE brokers and ATFX both offer copy trading.

GBE brokers provides traders 71 currency pairs (e.g., EUR/USD) compared to ATFX's 44 available pairs. If you are interested in trading CFDs, GBE brokers offers traders access to 500 CFDs, while ATFX offers access to 150 CFDs; so GBE brokers offers 350 more CFDs than ATFX.

We found in our testing that GBE brokers offers a more diverse selection of investment options than ATFX, allowing you to trade Forex Trading (Spot or CFDs), U.S. Stocks (CFD), Cryptocurrency (Derivative) and Social Trading / Copy Trading. Neither have Int'l Stock Trading (Non CFD) and Cryptocurrency (Physical).