Score

1.49 /10
Danger

ATA FX Markets

United States

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

Add brokers

Comparison

Expose

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index6.85

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Check whenever you want

Download App for complete information

Warning: Low score, please stay away!
Previous Detection : 2024-11-17
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

ATA FX Markets · Company summary

Since ATA FX Marketss official website (http://www.atafxmarkets.com/) cannot be opened for now, we could only piece together the rough picture of this brokerage house by gathering some relevant information from other websites.

Basic Information
Registered Country/Region United States
Regulation No License
Minimum Deposit £100
Minimum Spreads From 0.4 pips on the Islamic account
Maximum Leverage 1:1000
Trading Platform MT4 trading platform
Payment Methods N/A
Customer Support Telephone, Email

General Information

Registered in the United States, ATA FX Markets is a brokerage house that was not established long, with an operating time of less than 5 years. With the ATA FX Markets platform, there are three types of trading accounts are available: Crypto account, Islamic account and Crypto & Forex Account, with the minimum deposit to trade with this broker starting at £100, and the maximum leverage that can be used is up to 1:1000.

Since the brokers official website cannot be opened for now, we were unable to obtain more information about its trading platforms, payment methods, and more.

Market Instruments

ATA FX Markets boasts that it provides access to a massive financial markets. Different types of trading assets like over 80 currency pairs, global indices, gold, silver and oil, and more, are available through this brokerage house.

Account Types

Three types of trading accounts are available with the ATA FX Markets platform: Crypto Account, Islamic Account, Crypto & Forex Account. To open a Crypto account, an initial deposit of £100 is required, and other two types of trading accounts are both required from £1,000 to start trading.

Account Types Minimum Deposit Maximum Leverage Spreads
Crypto Account £100 1:25 From 1.6 pips
Islamic Account £1, 000 1:1000 From 1.2 pips
Crypto&Forex Account £1, 000 1:100 From 0.4 pips

Leverage

The maximum trading leverage is up to 1:1000, which is much higher than the appropriate amount considered by most legit regulatory authorities.

Since leverage can amplify gains as well as losses, it is essential that traders should choose a safe ratio no more than 1:10.

Spreads

Spreads are determined by trading accounts, with the Crypto & Forex account from 1.2 pips, the Islamic account from 0.4 pips, the Crypto account from 1.6 pips.

Customer Support

Clients who have any inquiries or trading-related issues can get in touch with ATA FX Markets through the following contact channels:

Telephone: + 01 234 567 89

Email: contact@atafxmarkets.com

Pros & Cons

Some advantages and disadvantages of ATA FX Markets include the following:

Pros Cons
Multiple range of trading assets Not regulated
High leverage Minimum deposit not friendly
Three types of accounts to choose from Trading platform not disclosed
Official Website Unavailable
Essential details missing

User Reviews

More

User comment

0

Comments

Write a review

No comment yet

start to write first comment