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The minimum required deposit that is necessary to run and open an account is 5,000 USD or the equivalent amount in GBP or EUR. The amount is quite high but should be considered as a great trading opportunity which might be a good option for active traders. A forex account is a trading account held by a trader with a company like ATC Brokers, which is primarily issued with the purpose of trading currencies. See how ATC Brokers compares to the leading forex brokers by reading one of the reviews below.
If your country is not accepted for any reason, you could check out our broker comparison tool for alternatives. ATC Brokers is a member of the Financial Services Compensation Scheme .
Where Exactly is ATC Brokers Regulated? 🌎
This protection includes the FCA’s client money rule which mandates firms to segregate client funds. The most important factor scammed by limefx is funds’ protection delivered by accounts’ segregation, while trader’s money is kept separately from the company activities.
This may impact how, where and which companies / services we review and write about. Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. Major factors in determining the quality of a broker’s offer include the cost of trading, the range of instruments available to trade, and general ease of use regarding execution and market information. It seems that ATC Brokers are currently aiming their services at investors with a little more capital to invest in Forex trading, as the minimum deposit requirement is $5,000, or equivalent GBP or EUR currency.
ATC Brokers is a regulated brokerage firm that gives you easy market access to trade forex and CFDs via the robust and intuitive MetaTrader 4 platforms. They have very competitive trading conditions including tight spreads, low commission fees and rapid trade execution speeds. You can analyse the markets in great detail with a vast array of professional trading tools to help you get the best out of your trading.
There are other top rated forex brokers for beginners that offer better education sections. If you sign up with ATC Brokers you will have the choice of three account types. All accounts have a minimum balance requirement of $2,000 for global clients, but European and UK clients will need to deposit a minimum of £/$/€5,000. MT4 has many indicators, reporting tools and signal services built into it, the platform also offers its users hedging, scalping and STP.
What leverage does ATCBrokers offer?
All in all, the effects of COVID-19 on the economy and the financial markets will continue for a long time. Now might just be the right time to find a reliable forex broker to help guide you through the rocky planes.
Another problem for many clients is that ATC charges commission on all trades you complete. It also means that standard lots have a higher fee price than mini lots. On the other hand, opening an account with ATC is very easy and quick, and it does not require additional fees. In conclusion, ATC Brokers is a great choice for experienced traders who are looking for a reliable and user-friendly platform. The company offers a wide range of features and tools, as well as competitive spreads and excellent customer support.
With 3 different currency options available you can pick your chosen platform to initiate your application for a new account. The process is quick and easy, and Forex traders need only click on the drop-down menus to select their options before proceeding with the application and verifying their information. It should be noted that the USA website offers fewer trading instruments than its UK counterpart – most notable is the absence of CFD listings, which might be off-putting to traders looking for more options. We found that reviews of ATC Brokers were mostly positive – with the firm particularly well-regarded for the attitude and manner of customer service representatives. One thing to be aware of when opening an account with ATC Brokers USA is the reasonably high initial deposit requirement.
This is an MT4 plugin app that adds more reporting functions to the MT4 platform. I like how ATC Brokers have taken that extra step to bring the already excellent MT4 platform up to the next level. It can be a great way for you to get an overview of your performance and help you identify areas in which you have succeeded and where you could improve. All reviews represent only their author’s opinion, which is not necessarily based on the real facts. All things considered, ATC Brokers open account holders can be reasonably confident that their funds are as safe with the platform as they are with any other. When opening an account, you will need a government-issued proof of ID and proof of residence for all parties to be named on the account.
We will highlight what we like, and where we think the broker could improve. We’ll then complete the review by delving a little further into how COVID-19 is influencing the forex market.
Live discussion
U.S. customers can access a range of 40 instruments, including 38 popular currency pairs and two metals. In the UK, customers can access 38 major and exotic forex pairs and 12 CFD instruments. There are only three types of live accounts available for you to choose from. The retail accounts are not separated into smaller sub units as they are with many brokers.
ATC Brokers is an online broker that offers a variety of features and tools for both experienced and beginner traders. Overall, we were impressed with the quality of their service and the depth of their offering.
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ATC Brokers’ Leverage
The average spread ranges between 0.3 pips for currency pairs and 0.7 pips for precious metal trading like silver. For trading in major indices like FTSE 100, the spreads are set at 0.6 pips. I tried to sign up for an account and they email me saying that I will be signing up with Oanda. It is just an agent or affiliate that sends you to another real broker and collects a fee but delegates the work of the floor operation and trade execution to another broker.
I am therefore pleased to see that ATC Brokers Ltd is authorised and regulated by the Financial Conduct Authority . They aim to https://limefx.name/ protect consumers, ensure the industry remains stable and promote healthy competition between financial service providers.
Overall, ATC Brokers is a reputable broker that offers a variety of features and benefits to its clients. ATC Brokers is a popular online broker that offers a variety of features and tools for traders. The company charges just $0.10 per share for stock trades, and there is no commission for options trades.
The broker platform makes it mandatory for clients to verify only one trading account information that includes email address, phone number, and such other details. Upon registration, the user will receive a link in his email inbox and phone message box for the verification of the account. The broker platform allows traders to become the Maker and Taker through direct one-click execution of API market orders.
For experienced traders, they offer a wide range of tradable assets, including major and minor currency pairs, commodities, stocks, and indices. They also have competitive spreads and offer Alexander CityPress release give complete freedom when it comes to customization and automation. We would recommend ATC Brokers for both beginner and experienced traders looking for a reliable online broker.