ATC Brokers Broker Reviews and Full Information

What is ATC Brokers?

ATC Brokers is a brokerage company that offers an online trading platform with the idea that trading should be completely transparent all the time. ATC Brokers does not function as a counterparty for all of its clients. It operates under an agency model , with ECN aggregated with competitive rates via top-tier banks. Multiple products, giving the ability to trade Metal, FX and CFDs through one account with small spreads.

Additionally, ATC Brokers develops a variety of solutions for different purpose of trading such as liquidity and institutional trading, in addition to huge possibilities for professionals to trade. Tools for managing multi-traders through account MAM that offer customized applications. 

ATC Brokers Pros and Cons

ATC Brokers is a reliable broker that offers a good trading ECN environment Low spreads, excellent option for active traders as well as numerous funding options.

The company is not great with educational or other material, in addition to the requirement for a substantial deposit to begin trading This means that the broker may be the wrong choice for novice traders, however, it is a great one for experienced traders.

10 Points Summary

Is ATC Brokers secure or is it a fraud

Yes, ATC Brokers is not a fraud. It is a business that was established in UK as well as is regulated by the globally renowned regulator Financial Conduct Authority. The FCA rules protect clients as they require brokers to follow strict guidelines of operation, training and execution, as well as guarantee the security of client funds. Anyone who trades with an FCA approved broker can rest confident that the that the broker is in conformity to the highest standards and is able to be relied upon.

The most significant point is that protection of funds through segregation of accounts, with the money of the trader is separated from company activities. In addition, all clients of financial service firms operate in accordance with the FSCS (Financial Services Compensation Scheme) which compensates and safeguards up to 50,000 GBP per individual for each firm in the event of bankruptcy.

Leverage

Leverage is a well-known instrument that can significantly increase the amount of capital you begin are trading with. It is an excellent tool to boost the potential profits, but only when you utilize it wisely. But, be aware that the leverage you use works in reverse.

For ATC Brokers, a broker that is in compliance with the UK's FCA and, consequently, European ESMA Regulation, last year authorities drastically cut levels of leverage because they have recognized the potential risk of retail trading. So, leverage levels offer the following: 1:30 on major currencies and 1:20 for smaller currencies , and 1:10 for commodities.

Types of accounts

ATC Brokers has only one trading account with the world's financial markets, including CFDs, Metals and FX. For those who are brand new to trading or those wanting to test ATC Brokers performance with no risk are able to benefit from demo-account trial that is available to all traders. The free 20-day demonstration of the platforms that simulate 100,000dollars is open to everyone.

Fees

ATC broker pricing is mostly integrated into the spreads model, and the variety of Contract for Difference or other products offers the possibility of speculating on price variations for commodities, indices and currencies that have excellent trading conditions.

Spreads

Below is a table of comparison with the average spread of the ATC broker that is a low and competitive spread in the market offering and for a better comparison, check out the spread of another broker that is popular, AvaTrade.

In the meantime, make sure to take into consideration swap or overnight costs as trading expenses, as there's a cost when you hold open positions for a period of time. Take a look at the illustration below.

Deposits and Withdrawals

To fund your account and begin trading, you'll have an option to select from the USD, EUR or GBP currencies and to complete the funding process, you have the option of choosing from a few payment options, such as banking wire VisaMasterCard or Visa Master Card and Skrill.

Minimum deposit

The minimum deposit requirement to ATC Brokers' accounts is 5000 USD or equivalent either in GBP, or EUR. In reality, the amount is excessive, but if you are looking at the possibility of trading, it could be a viable alternative for traders who are active.

ATC Brokers minimum deposit as compared to other brokers

Withdrawal

The withdrawal options are plentiful, such as cards, bank transfers and W-wallets. To cover the costs of transfer funds from or to your account with the brokerage, it charges the cost of 2.9 percent for cards and E-wallet deposits. Withdrawal cost for USD currency is 40dollars (yet, Card withdrawals made without fees).

Trading Platforms

ATC Brokers decided to a base on the well-known MetaTrader4 software. It offers an easy and user-friendly interface that is used to professionals and novice tradersalong with an efficient electronic execution model. It is a great platform for all trading styles and is available on every device, including desktops as well as mobiles, tablets and desktops.

Types of orders

The MetaTrader offers market stops, limit orders and stop orders, as well as various types of instruments and different types that allow potential for successful analysis on the markets. An entire charting program built-in with indicators which can be completely customized. Additionally, to streamline trading, the program allows you to import EA signals to execute orders.

Furthermore, the next level of MT4 comes with another feature that enhances trading processes - MT4 PRO. It has a user-friendly interface, one-click execution, strategic orders with set objectives and various price levels that market depth.

Education

In terms of customer support and service, ATC Brokers remains on to assist you with any problem you may encounter when trading or planning to establish accounts with them. But, in reality, ATC Brokers does not provide an extensive educational program which is vital for novice traders, however it is an account designed to be used by professionals.

Conclusion

In the end, ATC Brokers bring an opportunity to trade in a safe manner with a price that is competitive within the industry. There is a fact that conflicts of interests can be a problem for brokers that have a dealing desk. For this reason companies that provide clients with a neutral trading environment and dealing desk that is not a approach are now preferred by active traders. It is important to note that ATC Brokersdoes not function as a counterpart, and it operates under an agency model that includes ECN aggregates which means there aren't any conflicts of interest.