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ATC BROKERS Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-09-12 17:13

Abstract:ATC BROKERS is a broker registered in Cayman Islands in 2005 providing forex, indices, commodities, cryptocurrencies for trading. However, the regulatory license of ATC BROKERS is a suspicious clone. Please be aware of the risk.

  ATC BROKERS is a broker registered in Cayman Islands in 2005 providingforex, indices, commodities, cryptocurrencies for trading. However, the regulatory license of ATC BROKERS is a suspicious clone. Please be aware of the risk.

ATC BROKERS‘ homepage

Pros and Cons

Pros Cons
Demo AccountSuspicious Clone Regulation
Multiple Trading ChoicesLimited Account Types
Multiple Educational ResourcesHigh Minimum Deposit
MT4 Trading PlatformCharging for Commission
Multilingual Support

Is ATC BROKERS Legit?

  The regulatory license of ATC BROKERS is a suspicious clone, meaning it may be a fraudulent entity that has copied the identity of a legitimate financial services firm. You must be cautious and verify its authenticity.

Regulatory Status Suspicious Clone
Regulated by Cayman Islands
Licensed Institution ATC Brokers Limited
Licensed TypeCommon Financial Service License
Licensed Number1448274
Suspicious clone CIMA license

What Can I Trade on ATC BROKERS?

  You can trade forex, indices, commodities and cryptocurrencies on ATC BROKERS.

  Forex: You can trade multiple forex pairs on ATC BROKERS, such as AUD/CHF, AUD/JPY, AUD/NZD, AUD/USD.

  Indices: ATC BROKERS offers trading indices including German 30, S&P 500, Nasdaq, Dow Jones, EuroStoxx 50, FTSE100, Australia 200.

  Commodities: You can trade commodities such as precious metals (Gold and Silver) and oil (WTI Crude Oil and Brent Crude Oil) on ATC BROKERS.

  Cryptocurrencies: Cryptocurrencies that you can trade on ATC BROKERS include Bitcoin, Ripple, Litecoin, Bitcoin Cash, Ethereum.

Tradable Instruments Supported
Forex✔
Commodities✔
Indices✔
Cryptocurrencies✔
Shares❌
Mutual Funds❌
What Can I Trade on ATC BROKERS?

Account Type

  ATC BROKERS offers only one live account option, which is not user-friendly for new or professional users with special needs. But it provides a demo account for new users to train without any obligation. Nevertheless, the demo account is only available for a limited period of 60 days.

Demo request

ATC BROKERS Fees

  ATC BROKERS charges a certain commission of up to $6 per lot, and they have set a minimum deposit of 2,000 in any of the following denominators, USD, EUR or GBP. This is relatively high compared to the industry level.

ATC BROKERS Spreads

  ATC BROKERS does not set fixed spreads, their products adopt floating spreads to adapt to market changes.

ATC BROKERS Commission

  The commission of ATC BROKERS is 0.60 USD round turn for a mini contract (10,000 lot size) and 6.00 USD round turn for a standard contract (100,000 lot size).

Account opening FAQ 1
Account opening FAQ 2
Account opening FAQ 3

Trading Platform

  ATC BROKERS supports MT4, which is the most popular professional trading platform globally. MT4 offers a trade screen, charting tools, and expert advisors to assist you in trading.

Trading PlatformSupported Available Devices
MT4✔computer and mobile phone
MT5❌
MT4

Customer Service

  ATC BROKERS provides 5/24 online chat, and you can also connect them through phone and email.

Contact Options Details
Phone+ 44 20 3318 1399
Emailsupport@atcbrokers.com
Online Chat5/24
Supported LanguageEnglish
Website LanguageEnglish, Chinese, Spanish, Russian
Contact form

The Bottom Line

  I conclusion, ATC BROKERS offers a variety of products that you can freely choose according to your needs, but you need to pay a certain commission. Moreover, you must remember that the regulatory license of ATC BROKERS is a suspicious clone license, which carries significant risks. You'd better choose a legally regulated broker.

FAQs

  Is it safe to trade with ATC BROKERS?

  It is unsafe to trade with ATC BROKERS as their regulatory license is a suspicious clone.

  What is the minimum deposit at ATC BROKERS?

  The minimum deposit is 2,000 USD, EUR or GBP.

  What is the commission charged by ATC BROKERS?

  The commission of ATC BROKERS is 0.60 USD round turn for a mini contract (10,000 lot size) and 6.00 USD round turn for a standard contract (100,000 lot size).

Related broker

Unverified
ATC BROKERS
Company name:ATC BROKERS LTD.
Score
1.56
Website:https://atcbrokers.com/en-ky
5-10 years | Suspicious Regulatory License | Suspicious biz area | Suspicious Overrun
Score
1.56

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