Athens -Overview of Minimum Deposit, Leverage, Spreads

General Information

Athens, a trading name of Athens Markets Limited, is allegedly a forex broker based in the Virgin Islands that provides its clients with the industry-standard MetaTrader5 trading platform, leverage up to 1:500, variable spreads on various tradable assets, as well as a choice of two different live account types.

Market Instruments

Athens advertises that it offers access to a variety of trading instruments in financial markets, including forex currency pairs, cryptocurrencies, stocks and indices.

Account Types

There are two live trading accounts offered by Athens, apart from demo accounts, namely Athens Standard and Athens Pro. However, the broker didnt directly reveal any information about the minimum initial capital in the absence of login.

Leverage

The maximum leverage ratio provided by Athens is much higher than most brokers, up to 1:500. Bear in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.

Spreads & Commissions

Spreads and commissions are influenced by what type of accounts traders are holding. Athens reveals that the spread on the Athens Standard account starts from 1.5 pips with zero commissions, while the clients on the Athens Pro account enjoy the lower spreads from 0.01 pips with flat-rate commissions.

Trading Platform Available

When it comes to trading platforms available,Athens says to give traders the worlds most widely-used MetaTrader5 trading platform, available on all devices. MT5 is known as one of the most successful, efficient, and competent forex trading software, offering excellent charting and trading tools, a variety of options for customization, multiple account usages, designing and implementing custom scripts for automated trading and backtesting them.

Deposit & Withdrawal

Athens accepts payment methods via Bitcoin only, yet no specific information about the minimum deposit and withdrawal amounts is involved on its official site.

Customer Support

You can follow Athens on some social media platforms like Instagram, Facebook and YouTube. Company address: Trident Trust Co. (BVI) Ltd. Trident Chambers PO Box 146 Road Town, Tortola British Virgin Islands. However, this broker doesnt disclose other more direct contact information like telephone numbers or email while most brokers offer.