Risk Warning: Your capital is at risk. Statistically, only 11-25% of traders gain profit when trading Forex and CFDs. The remaining 74-89% of customers lose their investment. Invest in capital that is willing to expose such risks.

ATC Brokers Review

3
1 reviews
PAYMENT SYSTEMS
  • Deposit
  • Withdrawal

ATC Brokers general information

Founded in: 2005 year
Headquarters:
Cayman Islands
Minimum Deposit: 2000 $
Website: atcbrokers.com/en-ky
Website languages: English, Chinese
Execution model:
ECN
Deposit currency: USD, EUR
Support languages: English
Mobile trading: iOS, Android
Types of offered accounts:
Demo accounts (with a time limit), ECN accounts
Trust management: PAMM, MAM
Affiliate program: 1

ATC Brokers Forex broker description

Pros

  • ATC Brokers boasts access to liquidity providers facilitated by ECN and STP technologies. This feature can potentially enhance order execution and trading efficiency.

  • The inclusion of PAMM accounts offers a unique opportunity for traders to engage in managed accounts, diversifying their investment strategies.

  • ATC Brokers holds regulatory approval from the Financial Conduct Authority (FCA), instilling a sense of trust and accountability within its operations.

  • The platform offers various avenues to connect with their support team, ensuring timely assistance and query resolution.

  • ATC Brokers prioritizes client security through negative balance protection and the segregation of client funds, which can mitigate potential losses.

  • ATC Brokers extends its services to traders from the United States, providing a broader reach for interested clients.

Cons

  • A minimum deposit of $1,000 might deter traders with lower capital availability from accessing the platform.

  • ATC Brokers falls short in providing supplementary tools that could aid traders in making informed decisions.

  • The platform offers only one method for deposits and withdrawals, potentially limiting flexibility for users.

  • Unlike some other platforms, ATC Brokers does not offer bonuses to traders, which might affect the attractiveness of the platform.

  • A potential limitation for traders seeking automated strategies is the absence of available Expert Advisors on the platform.



Unique Selling Points

1. Account Manager with PAMM Pro: The PAMM Pro sets itself apart by providing account managers and holders with enhanced safeguards. Account holders can personalize the ratio of order sizes, reflecting their risk appetite. Furthermore, they can set predetermined stop equity loss levels for tighter risk management. Account managers, on the other hand, can tailor compensation settings across five distinct fee structures. This system enables multiple accounts to be managed with varying currency account deposits from a master account. Performance fees are meticulously calculated based on the Account's high watermark, ensuring fairness. When account holders unsubscribe, performance fees are automatically collected.

2. Introducing Broker: Utilizing cutting-edge technology and trading resources, the Introducing Broker program offers a way to expand clientele. Custom referral application links streamline the setup process for both setup and sub Introducing Brokers (IBs). Receive onboarding updates on your customer pipeline and status, enhancing client management. Clients can also choose from five flexible fee structures tailored to their business model. Introducing Brokers can even collect fees from up to seven layers of sub-IBs. Additionally, the Introducing Broker Reporting feature empowers users to generate reports that offer invaluable insights into business productivity.

3. White Label: For traders looking to establish or enhance brokerage operations, ATC Brokers offers a comprehensive back-office infrastructure under the White Label program. This customizable solution enables you to set restrictions, margins, and liquidation parameters on an account level. Regulatory or operational reporting is made seamless with readily available data. Connect any front-end trading platform directly to the API or leverage ATC Brokers' MT4 bridge to ensure a seamless and efficient trading experience.


Introduction

In 2005, ATC Brokers Limited was founded in London to provide a reliable trading platform. They've got another branch set up in the Cayman Islands. This allows them to cater to a wider range of clients.

The MT4 and MT Pro trading platforms offer something called ECN spreads, which can be great for traders. ATC Brokers offers a whopping 35+ currency pairs, from popular to more unique ones. They also let traders play with CFD indices, like the Dow Jones and S&P 500. Commodities like oils, gold, and silver are also up for grabs.

In commitment to its mission statement of being an all-inclusive platform, ATC Forex Brokers creates room for all trades. Whether you're just starting or you're an experienced trader, they've got something for you. They don't just serve individuals; big players like institutional clients are also on their client list.

This brokerage firm promises to remain transparent by providing an environment where trading is fair, thanks to its non-dealing desk approach. If you're looking for a place to trade, this ATC Brokers review spills all the beans. It's got everything you need to know before deciding if ATC Brokers is your go-to trading partner.


Supported Countries

ATC Brokers takes pride in being a worldwide financial institution that offers its services across the globe. Their platform caters to traders from various continents, ensuring accessibility for diverse clients.

Clients hailing from countries such as Australia, Thailand, Canada, the United States, the United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, the United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, and Qatar are welcomed on the ATC Brokers platform.

However, it's important to note that there are a few exceptions. The platform doesn't extend its services to clients residing in North Korea, Sudan, Syria, Cuba, or any nation where providing services would go against local laws or regulations. This approach ensures compliance and adherence to legal requirements in various jurisdictions.


Customer Service Rating

ATC Brokers has garnered an average rating of 3.7 out of 5 stars from more than 12 reviews on the popular platform Trustpilot. Reviewers appreciate the platform's responsive customer service, noting that it's both quick and knowledgeable. Many commend ATC Brokers for maintaining consistent standards over the years, with easy deposit methods and swift withdrawal processes. The recent addition of a live chat feature has notably improved customer response times.

Furthermore, several users have expressed satisfaction with their trading experiences on the platform. They've reported smooth trading without any significant performance issues to speak of. However, ATC Brokers has received some negative reviews like any service. A segment of clients have claimed that the platform caused them to lose their profits; a few have even labeled it questionable or untrustworthy.

On another review site, ForexPeaceArmy, ATC Brokers boasts a solid score of 4.4 stars based on feedback from more than 122 users. Similar to Trustpilot, this platform has witnessed a range of positive reviews about ATC Brokers. Amidst the praise, there's one standout negative review that raises concerns. This particular review alleges that ATC Brokers manipulated market watch times, potentially misleading traders about actual market conditions. Additionally, there have been accusations of account freezing when a trade becomes profitable.


ATC BROKERS Trading Platforms

ATC Broker offers its clients two robust trading platforms: the popular MT4 trading platform and an advanced option, MT Pro.

  • MetaTrader 4 (MT4): This platform is designed for both beginners and experienced traders, providing an intuitive interface. With MT4, users gain access to a comprehensive charting package, complete with indicator libraries. The platform's flexibility allows traders to personalize chart layouts and designs according to their preferences. MT4 even supports Expert Advisor (EA) strategies, enabling automated order placements. Importantly, the platform permits the integration of EA signals, facilitating auto trading for clients. Setting up to three layers of bracket orders along with One-Cancels-the-Other (OCO) capability lets traders predefine profit and loss objectives. The user-friendly order placement interface simplifies the trading process, supporting market, limit, and stop orders. And for traders on the move, ATC Broker ensures accessibility from iPhones, iPads, and Android devices.

  • MT Pro: MT Pro represents an enhanced version of the MT4 platform aimed at elevating the overall trading experience. This advanced platform empowers traders with comprehensive risk management tools, including bracket orders, trailing stops, and strategy orders. MT Pro generates detailed trading reports encompassing profit and loss, performance metrics, and time analysis. Moreover, it offers access to the Depth of Market view, further enhancing trading insights. The platform's charting package has customizable layouts catering to traders' preferences. MT Pro also opens the door to EA signals and automated trading.


Type of Trading Accounts on ATC BROKERS

 ATC Brokers presents both demo and ECN account options to cater to traders at different stages of their journey. The demo account serves as a risk-free practice ground, while the ECN accounts offer competitive spreads and leverage for those ready to trade with real money:

  • Demo Account: ATC Brokers' platform offers an opportunity for new traders to explore trading without financial commitment. Individuals can engage in simulated trading for 60 days with the demo ATC Brokers account. This practice allows traders to access live FX market prices and simulate trades within a risk-free environment. Through this experience, new traders gain valuable insights into trading strategies and styles, preparing them for real-money trading.

  • Individual or Corporate ECN Account: Clients have the option to open various types of ECN accounts, such as individual, joint, or corporate accounts. These accounts offer tight spreads and leverage ratios of up to 1:30 for individuals and 1:100 for professionals. The minimum lot size is 0.01, and there's no maximum trade size. The minimum initial Deposit required is $2,000 or an equivalent amount in GBP or EUR. The account opening process varies based on the account type and the necessary documentation. On average, it takes 1-2 business days for individual and joint accounts to be set up, while a corporate account might take 3-5 business days. Additionally, for those seeking personalized money management solutions, ATC Brokers offers PAMM (Percentage Allocation Money Management) accounts upon request. This feature provides a level of flexibility and customization to meet the unique needs of traders.


Trading Denominations on ATC BROKERS

ATC Brokers offers its clients the option to select the currency denomination for their trading accounts. Traders can pick from three major currency choices: USD, EUR, and GBP. While this provides a level of flexibility, it's worth noting that compared to other brokers, the range of available currency denominations might be relatively more limited. Some traders might be accustomed to brokers that provide a broader array of currency choices.


Company Structure

Established back in 2005, ATC Brokers Limited is a company regulated by the esteemed Financial Conduct Authority (FCA). Furthermore, the broker extends its reach with a presence in the Cayman Islands, governed by the Cayman Islands Monetary Authority (CIMA).

Functioning on an STP model, ATC Brokers offers swift execution through its network of top liquidity providers. Catering to a wide spectrum of traders, the brokerage firm claims to employ innovative technology that appeals to newcomers and institutional clients alike. The focal point of its expertise lies in facilitating trading within the Forex market.

ATC Forex Brokers boasts diverse currency pairs, encompassing popular options, cross rates, and even a selection of exotic currencies. Leverage of up to 1:100 is at traders' disposal. Moreover, the trading platform comes equipped with an impressive array of custom software solutions. These tools serve various trading purposes, extending their reach to institutional trading and liquidity services tailored for professional traders.

For intending traders from the United States, there's a prerequisite to qualify as an Eligible Contract Participant, as defined by the Commodity Exchange Act §1a(18), as set by the Commodity Futures Trading Commission. One notable aspect to consider is that despite ATC Brokers' substantial time in the industry, the firm's website doesn't display any awards or recognition received throughout its years of service.


ATC BROKERS Licenses and Regulatory Compliance

ATC Brokers takes pride in its platform's multiple regulatory approvals spanning various jurisdictions. This contributes significantly to enhancing its reputation as a trusted trading entity. The list of these regulations comprises:

  • ATC Brokers Limited (United Kingdom): The platform holds authorization and regulation from the esteemed Financial Conduct Authority (FRN 591361).

  • ATC Brokers Limited (Cayman Islands): ATC Brokers' presence in the Cayman Islands is subject to regulation by the Cayman Islands Monetary Authority (FRN 1448274).

Some ATC Brokers reviews claim that the firm holds a license from the NFA (#NFA 358522) of the United States of America. Curiously, it's worth noting that this particular detail isn't mentioned on the broker's official website.


ATC BROKERS Customer Protection

ATC Brokers claims to take client protection seriously and employs a variety of measures to ensure their safety, depending on the trader's jurisdiction.

The broker goes the extra mile by segregating clients' funds into separate accounts. This practice enhances transparency and safeguards client funds. ATC Brokers partners with trusted financial institutions like Barclays and NatWest to bolster security for account custodian services. This adds an extra layer of assurance for clients.

UK-based clients receive additional protection through the Financial Services Compensation Scheme (FSCS). This scheme provides coverage of up to £85,000 per person. This coverage serves as a safety net in unforeseen situations. ATC Brokers ensures that clients benefit from active negative balance protection. This means that clients won't be held liable for losses exceeding their initial investment.

Finally, in the unlikely event of the broker failing to fulfill its obligations as outlined in its offer, clients have the option to file a complaint with the regulator. This offers an avenue for dispute resolution and accountability.


Customer Service

When it comes to getting in touch, ATC Brokers ensures that clients have a range of options to reach their support team. Traders looking for quick assistance can take advantage of the live chat feature right on the website. This offers an instant way to connect and resolve queries.

A call option is available for those who prefer a more direct approach. Clients can dial +44 20 3318 1399 to connect with the support team and get personalized assistance. If more details need to be shared, a 'Contact Us' form is readily accessible on the website. This form allows traders to provide comprehensive information about their concerns and directs it to the appropriate department for efficient resolution.

Another avenue for reaching out is through email. Traders can send their queries and concerns to [email protected] for a thorough response.


Trading Information

The FX market on ATC Brokers operates from Sunday 5:05 PM EST to Friday 4:59 PM EST, though these times might differ during holidays. For the metals market, trading begins on Sunday at 6:00 PM EST and closes daily at 5:00 PM EST. It reopens again at 6:00 PM EST, and on Fridays, it concludes at 5:00 PM EST and resumes on Sunday. Specific timings for other assets can be easily located in the contract specifications.

Competitive variable ECN spreads are a highlight at ATC Brokers. For popular currency pairs like EUR/USD, spreads start from as low as 0.3 pips, which is a testament to their commitment to favorable trading conditions. Silver sees spreads at 0.7 pips, while major indices like the FTSE 100 carry spreads around 0.6 pips.

Traders should also be aware of the account-related fees. On ATC Forex Brokers, a dormant account fee comes into play if an account remains inactive for at least 6 months. This fee can either be 50 units of the account currency or the remaining account balance. Rollover fees, another consideration, can be found conveniently within the portal.


Tradable Instruments

ATC Brokers empowers clients to broaden their investment portfolio by offering a range of trading instruments. This diversity opens doors to various asset classes, including:

  • Forex

  • Indices

  • Commodities

  • Cryptocurrencies

This selection of trading instruments enables traders to diversify their portfolios, reduce risk, and capitalize on various market trends.


ATC BROKERS Leverage

Leverage is a key factor in trading, and ATC Brokers offer varying levels to suit different assets and trader profiles. The leverage is capped at 1:30 for major currency pairs, providing a balanced approach for these highly traded options. On the other hand, non-major currency pairs, gold, and major indices come with a leverage of 1:20. This allows traders to have slightly more flexibility.

Regarding silver and other commodities, ATC Brokers sets the leverage at 1:10. This level ensures prudent risk management while providing room for potential gains. Cryptocurrencies, a distinct asset class, have a leverage of 10:1, reflecting their inherent volatility. Professional traders can apply for higher leverage, specifically 1:200. This elevated level allows experienced traders to optimize their strategies while adhering to their risk tolerance.


Deposits and Withdrawals

When managing funds, ATC Brokers ensures a secure and straightforward process for clients to deposit and withdraw funds. Clients must pass the verification process before initiating any deposit or withdrawal. This standard practice adds an extra layer of security to ensure the rightful account holder is making transactions.

Deposits 

As of writing this ATC Brokers review, the platform offers bank wire transfers as the only means of depositing funds supporting USD, EUR, and GBP currencies. Depositing funds via bank wire comes at no additional cost. If the currency you send doesn't match the denomination of your trading account, the receiving bank will automatically convert it to the Account's currency. However, it's important to note that an unfavorable exchange rate can be applied.

Withdrawals

Initiating a withdrawal is a simple process. You can navigate to the "Withdraw Funds" section by logging into your back office. From there, you can request the amount you wish to withdraw. Withdrawals are typically processed within 1 – 2 business days, ensuring clients can access their funds promptly. It's important to note that ATC Brokers applies a commission for withdrawing funds. As for withdrawal, International bank wire withdrawals carry fees of 25 GBP, 30 EUR, or 40 USD. Faster payment withdrawals within the UK have a fee of 10 GBP. 


ATC BROKERS Trading Education and Training

In terms of trader education, ATC Brokers presents a collection of resources that can aid in understanding the basics of trading. However, the absence of distinctive and comprehensive materials might leave some traders seeking more robust educational content:

  • Educational Content: While ATC Brokers offers some educational content on the fundamentals of forex and CFD trading, the depth and range of these materials fall short of impressive.

  • Resource Collection: The platform provides an economic calendar, informing traders about global news events that can impact the markets. Additionally, there's daily market news and insights to help traders stay updated.


FAQs

Is ATC BROKERS a Scam?

ATC Brokers is regulated by established financial authorities, which significantly contributes to its legitimacy. The company holds regulatory authorizations from the Financial Conduct Authority (FCA) in the United Kingdom and the Cayman Islands Monetary Authority (CIMA). Reviews on Trustpilot and ForexPeaceArmy offer a range of perspectives on ATC Brokers' services. Positive aspects highlighted include responsive customer service and ease of transactions, while negative reviews touch on concerns about profitability and transparency.

How do I open an ATC BROKERS trading account?

Navigating the process of opening a trading account with ATC Brokers is straightforward and involves the following steps:

  • Visit the official ATC Brokers website to find essential information and resources.

  • Locate and click the "Open Account" button, which is prominently displayed on the homepage.

  • Choose your country of residence to begin the registration process.

  • Select the type of Account that aligns with your trading preferences, whether it's an individual, joint, or corporate account.

  • Select the currency denomination for your trading account, considering your trading preferences.

  • Pick a trading platform that aligns with your trading pattern.

  • Enter an initial deposit amount to fund your newly created Account.

  • Click on Start Application to submit the details above and proceed to the next step. 

  • Provide your personal information, including your name, contact details, and other required details.

  • Complete the verification process, which usually involves submitting identification documents to comply with regulatory requirements.

  • Agree to Terms and Conditions: Review and agree to the terms and conditions laid out by ATC Brokers.

Once your Account is funded, you can start trading with ATC Brokers.


Conclusion

This ATC Brokers review has provided extensive details on the brokerage firm's major features. The Broker presents itself as a platform with various offerings catering to diverse trader preferences. ATC Brokers offers flexibility with different account types, catering to individual, joint, and corporate traders, ensuring a tailored approach to diverse needs.

The platform is accessible through the popular MT4 and MT Pro trading platforms. ATC Brokers equips traders with tools for seamless and efficient trading experiences. ATC Brokers' global reach is evidenced by its acceptance of clients from multiple countries, including Australia, the United Kingdom, the United States of America, and many more. However, certain countries are restricted due to legal and regulatory considerations.

The platform's regulatory approvals from the Financial Conduct Authority (FCA) and the Cayman Islands Monetary Authority (CIMA) underscore its commitment to maintaining ethical practices and standards. In addition to this, it provides a range of protective measures, including segregated funds and coverage from the Financial Services Compensation Scheme (FSCS).

ATC Brokers enables traders to diversify their portfolios with offerings in forex, indices, commodities, and cryptocurrencies, providing avenues for exploring different market dynamics. Lastly, the platform offers varying leverage levels, accommodating different trader profiles and risk tolerance, while professional traders can access even higher leverage options.

Trading accounts of ATC Brokers

  • ECN
Trading platforms: MetaTrader 4, Meta Trader 4 Mobile
Minimum Deposit : 2000 $
Deposit currency : USD - US Dollar
EUR - Euro
Trading instruments:
Forex1:100
Number of currency pairs: 8
  • AUD/USD
  • EUR/GBP
  • EUR/JPY
  • EUR/USD
  • GBP/JPY
  • GBP/USD
  • USD/CHF
  • USD/JPY
CFD's1:100
Amount of assets : 100
  • Futures
  • Indices
  • Products
Metals1:100
  • Gold
  • Silver
Stop Out:
100 %
Minimum position size:
0.01 лотов
Execution type:
Market Execution
Swap Free:
No
VIP Account:
No
Spread type:
Floating
Decimal places:
5 characters
Margin Call:
120 %
Phone trading:
No

Contacts of ATC Brokers

Headquarters
Cayman Islands , Grand CaymanCricket Square, Willow House
show on the map
+44 20 3318 1399Телефон штаб-квартиры

Recent customer reviews of ATC Brokers

Tyler Bowen 28 November 2022

Advantages: There are many ways to deposit and withdraw funds Free VPS is provided First deposit bonuses Zero commissions on Standart

Disadvantages: No

Comment: The spreads are impressive, there have never been canceled deals. I work mainly on currency and stocks, with American ones in priority. In my opinion, this is the broker you can trust. You can open the platform from any browser, it loads quickly, without suspensions. You can open on any trading assets in one click, it saves a lot of time. Charts can be analyzed directly in the terminal.

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Risk Warning: Your capital is at risk. Statistically, only 11-25% of traders gain profit when trading Forex and CFDs. The remaining 74-89% of customers lose their investment. Invest in capital that is willing to expose such risks.