Score

1.58 /10
Danger

ATOM

United Kingdom

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

Vanuatu Retail Forex License Revoked

High potential risk

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Comparison

Quantity 11

Exposure

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Website

Score

Regulatory Index0.00

Business Index7.57

Risk Management Index0.00

Software Index4.00

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
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Licenses

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

Single Core

1G

40G

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Broker Information

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Company Name

ATOM MARKETS LTD

Company Abbreviation

ATOM

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 5
Previous Detection : 2024-11-16
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 9 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

Pyramid scheme complaint
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    ATOM · Company summary

    Note: ATOM 's official website: https://www.atommarkets.com/ is currently inaccessible normally.

    Registered in the United Kingdom, ATOM is a broker targeting the Chinese market. It offers three types of tradable instruments through MT4. However, ATOM is currently not regulated by any official institution.

    Pros and Cons

    Pros Cons
    Multiple Trading ChoiceLack of Legal Regulation
    Competitive SpreadsNo Info on Account
    MT4 Trading PlatformNo info on Payment Methods
    Limited info on Trading
    Unavailable Website

    Is ATOM Legit?

    ATOM does not hold any valid regulatory licenses. The license granted by the Vanuatu Financial Services Commission (No. 40101) has been revoked.

    Meanwhile, our on-site survey personnel have discovered that the address of ATOM in Australia does not match the regulatory address. In addition, the broker's FCA AR license (RN: 789265), ASIC AR license (RN: 001263782), and VFSC retail forex license (RN: 40101) have all been cancelled.

    Regulatory AuthorityVanuatu Financial Services Commission (VFSC)
    Current Status Revoked
    Regulated by Vanuatu
    Licensed Institution ATOM MARKETS LTD
    Licensed TypeRetail Forex License
    Licensed No.40101
    Revoked VFSC license
    Regulatory AuthorityAustralia Securities & Investment Commission
    Current Status Revoked
    Regulated by Australia
    Licensed Institution ATOM Markets PTY LTD
    Licensed TypeAppointed Representative (AR)
    Licensed No.001263782
    Revoked ASIC license
    Regulatory AuthorityVanuatu Financial Services Commission
    Current Status Revoked
    Regulated by Vanuatu
    Licensed Institution ATOM MARKETS LTD
    Licensed TypeRetail Forex License
    Licensed No.40101
    Revoked VFSC license

    What Can I Trade on ATOM?

    ATOM offers forex pairs, commodities (precious metals), and stock indices. However, due to the unavailable website, there is no detailed information available.

    Tradable Instruments Supported
    Forex
    Commodities
    Indices
    Cryptocurrencies
    Stocks
    Mutual Funds
    Bonds

    Leverage

    The leverage available at ATOM is capped at 1:100.

    Trading Platform

    ATOM supports trading on MT4. MT4 can handle customized tools such as advanced technology indicators and automated trading systems (known as Expert Advisors or EAs).

    Trading PlatformSupported Available Devices
    MT5/
    MT4computer and phone
    MT4

    Customer Service

    ATOM supports you contacting them through email, phone and physical address. However, its address in Australia have been proven to be non-existent.

    Contact Options Details
    Email sh@atommarkets.com; hk@atommarkets.com; cs@atommarkets.com
    Phone+1 646 722 3133; 02163087226; 852-36269307
    Physical Address275 7th Avenue, 7th Floor, New York, NY 10001 4F, No. 495, Guangfu South Road, Xinyi District, Taipei City
    Supported Language English
    Website Language English

    The Bottom Line

    ATOM provides a wide range of trading tools, including forex pairs, commodities and stocks with a maximum leverage of 1:100. However, its official website is currently unavailable and it is not regulated by legal authorities.

    FAQs

    Is it safe to trade with ATOM?

    No, trading with ATOM is unsafe given the lack of legal regulation.

    What is the maximum leverage offered by ATOM?

    The maximum leverage is 1:100.

    What trading platform is available at ATOM?

    ATOM supports trading on MT4.

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