ATC Brokers is a brokerage firm that provides an online trading solution with the vision that the trading should be transparent at all times. The company does not act as a counterparty to any of their clients and operates in an agency model with ECN aggregationand competitive pricing through top tier banks. Multiple products, bringing access to trade FX, Metal and CFDs from one account offered with narrow spreads.
In addition, ATC Brokers develops a range of solutions for various trading purposes including liquidity providing and institutional trading, as well vast opportunities for professional traders. Tools to manage multiple trading through MAM accounts that are bringing custom software solutions.
As for the customer and support services, ATC Brokers remains on hand with any issue or question you may face while trading or planning to open an account with the broker. Yet, it is fact ATC Brokers does not provide comprehensive educational service, which is crucial for beginning traders, but is a broker designed for professional trading.
Nevertheless, to get a deeper understanding you should always check the most important information that broker’s offering consists of. With this purpose, in this review we cover the following highlights:
The company was established in the UKand authorized by the world respected regulatory body Financial Conduct Authority. While, the FCA regulations protect customers while conducting the brokers to follow strict rules of operation, education, execution and provide safety of the clients’ funds. Any trader signed with an FCA regulated broker can be assured broker operates in full compliance with high standards and can be trusted.
The most important note, which is funds’ protection delivered by accounts’ segregation, while trader’s money kept separately from the company actives. Additionally, all customers of financial service firm operated under the FSCS (Financial Services Compensation Scheme) that compensates and protects up to 50,000 GBP per person per firm in case of insolvency.
ATC Brokers Trading Platforms
ATC Brokers decided to ainstay on a popular MetaTrader4 software that provides a friendly and powerful interface consigned by beginning and professional traders along with a powerful ECN execution model. The platform indeed suites any trading style and can be accessed throughout all devices including desktop, mobiles and tablets.
The MetaTrader supports market, limit and stop orders, along with multiple types and multiple instruments that allows potential successful analyses of the market. A complete charting package built-in with indicator libraries that can be fully customized. In addition, to automate the trading experience the software provides the ability to import EA signals for order execution.
Moreover, the next level of the MT4 provided by an additional feature that optimizes trading process – the MT4 PRO. Which brings user-friendly interface with one-click execution, strategy orders through predefined objectives and different price level of market depth.
ATC Brokers Trading offering
Trading with ATC Brokers you will get access from only one trading account to the worlds’ financial markets FX, Metals and CFDs.Also, new traders or those who want to see ATC Brokers performance with no risks can benefit from the trial trades through Demo-Account. The 20-day free demonstration of platforms with a simulated 100,000$ is available to all.
What is truly great at ATC brokers is their pricing model, while a diversity of Contract for Difference or other products brings an opportunity to speculate on the price differences for indices, commodities and currencies with excellent trading conditions.
See below the comparison table with a typical ATC Broker Spread, which is low and very competitive spread among the industry offering, as well for better comparison check out spread of another popular broker AvaTrade.
ATC Brokers Fee Terms
Crude Oil WTI
In addition, always consider an overnight or swap charges as trading costs, since there is a fee in case you holding open positions overnight. See an example below.
ATC Brokers Leverage
Leverage is a quite known instrument, which obviously increases the initial capital you trading with and can be a very useful tool to magnify your potential gains, but in case you use it smartly. However, always note that high leverage can work in reverse too.
In case of ATC Brokers as a regulated broker that complies to UK’s FCA, hence European ESMA regulation, recently the authority dramatically decrease allowed leverage levels, since recognized potential risks of retail trading. Therefore, leverage levels offer 1:30 for major currency pairs, 1:20 for minor currencies and 1:10 for commodities.
ATC Brokers Deposits and Withdrawals
To fund the account and start real trading you will be having a choice to choose from USD, EUR or GBP currencies, while to process with funding you can select few payment methods a bank wire, Visa/ Master Card and Skrill.
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. Indeed the amount is quite high, but considering a great trading opportunity might be a good option for active traders.
For the fees while transferring funds to or from the account, the broker adds a charge of 2.9% for Cards and E-wallet deposits, Withdrawal fee for USD currency will be 40$ (yet, Card withdrawals processed with no fees).
Conclusion on ATC Brokers
As a licensed and regulated broker, online trading service provider, ATC Brokers bring an opportunity to trade safely with quite competitive pricing, among the industry.
It is fact that conflict of interest can arise with brokers who operate a dealing desk, for that reason, the firms that providing customers with a neutral trading environment and a non-dealing desk approach are recently very preferable among the active traders. The ATC Brokers does not act as a counterpart, while operates on an agency model with ECN aggregation, hence there are no conflicts of interests.
However, the company cons in educational or supporting materials, as well as a quite high deposit to start the trade, hence the broker may be not the best option for the beginning traders but a very considerable option one for professional traders.
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