ATC Brokers is a financial brokerage located in London, United Kingdom. It provides its services via 3 account types [Individual, Joint, Corporate] and requires a $1,000 minimum deposit.
ATC charges a monthly inactivity fee of $50 if certain conditions for inactive accounts are met.
Company Details and Authorizing Bodies
ATC Brokers has established itself as a trusted name in the forex industry, with its headquarters nestled in the heart of London, United Kingdom. Key Company Information:
- Regulated by:
- Financial Conduct Authority (FCA) in the United Kingdom (591361);
- Cayman Islands Monetary Authority (CIMA) under the number 1448274;
- Founded Date: 2005;
- Headquarters Location: 1 Fore St Ave, Barbican, London EC2Y 9DT, United Kingdom.
The UK's FCA is a top-tier regulating authority and is very reputable in the financial industry.
Key Specs and Information
Let's take a closer look at the key features that make ATC stand out in the crowded forex marketplace. We will have an overview in the table below:
Broker | ATC Brokers |
Account Types | Individual, Joint, Corporate |
Regulating Authority | FCA, CIMA |
Based Currencies | USD, EUR, GBP |
Minimum Deposit | $1,000 |
Deposit Methods | Bank Transfers, Credit/Debit Card, Skrill |
Withdrawal Methods | Bank Transfers, Credit/Debit Card, Skrill |
Minimum Order | 0.01 |
Maximum Leverage | 1:200 |
Investment Options | Copy Trading |
Trading Platforms & Apps | MetaTrader 4 |
Markets | Forex, Indices, Commodities, Crypto |
Spread | Variable |
Commission | $6 per Round Lot |
Orders Execution | Market |
Margin Call/Stop Out | 120%/100% |
Trading Features | Economic Calendar, Demo Account |
Affiliate Program | Yes |
Bonus & Promotions | None |
Islamic Account | No |
PAMM Account | Yes |
Customer Support Ways | Email, Live Chat, Phone, Ticket |
Customer Support Hours | 24/5 (From Sunday 22:00 to Friday 22:00 UTC) |
Trading Account Specifics
ATC Brokers does not have a variety in live account offering, providing 3 real accounts, including Individual, Joint, and Corporate, with no difference in trading specifics and a demo account:
- Individual: Standard trading account for a private trader;
- Joint: Purposed for sharing with multiple clients;
- Corporate: For legal entities such as companies and so on;
- Demo: Trading with virtual funds for practice.
The maximum available leverage for a balance of less than $100K is 1:100, and for over $100,000, it is 1:200. Also, the minimum order size is 0.01, and the minimum required deposit for an account is $1K.
How to Open an Account and Verify with ATC
Getting started with ATC Brokers is a long process and requires your patience. Here's a helpful guide to opening an account:
- Visit the website (www.atcbrokers.com) and click on "Create account";
- Choose between Individual, Joint, or Corporate account types and type in your minimum deposit amount;
- Fill out the online application form with your personal details, including name, email, phone number, and residence address;
- Create a security PIN and a password for your account;
- Agree with the policies;
- State your relation with the United States and fill in the tax information forms;
- Answer the questions related to your profession, trading knowledge, etc.;
- Upload the proof of identity and proof of residency documents.
Now, your account is created and you can start trading with the broker.
Trading Terminals and Platforms
ATC provides access to a popular trading platform in the industry, which is MetaTrader 4.
- One-click trading for swift execution;
- Bracket orders for improved risk management;
- Expert Advisor integration for automated trading;
- Built-in indicators and customizable chart layouts;
- Available on desktop, web, and mobile devices.
Download the platform software for your mobile phones using the links below:
Trading Commissions, Spreads, and Other Fees on ATC Brokers
The brokerage offers average pricing and cost structures for different services and parts. Here are the key points:
- Above average Forex trading commissions of $6 per round lot;
- Decent Spreads;
- Fees for deposits and withdrawals;
- An inactivity fee of $50/month applies.
The exact amount of payment fees and spreads vary based on the market conditions, trading pairs, and used method for payments.
Payment Options
Based on our investigations until this point. ATC Brokers does not reveal much data in detail about its services and conditions. It's the same with funding options. Methods for deposits and withdrawals are listed below:
- Bank Transfers;
- Skrill;
- Credit/Debit Card.
Copy Trading & Investment Options Offered On ATC Brokers Forex
At the time of writing, the broker offers 2 main methods and services for earning passive income beside of trading and earning profits:
- PAMM: An account funded by a group of clients managed by a master trader;
- Copy Trading: Partnership with the Trade Copier platform, offering copy trading services.
Overall, ATC appears to be a good choice for those looking for investment options.
Bonuses and Promotions
Based on our investigations, as of this review, ATC Brokers does not offer any bonuses or promotional offers. This approach might be because of the adherence to strict regulatory guidelines. However, we recommend you frequently check the official sources in case of any updates or changes.
Support Services; Contact Methods and Working Schedule
The brokerage provides several standard channels for customer support. Let's have a look at these options:
- Email: support@atcbrokers.com;
- Live chat: Available on the "Contact Us" section;
- Phone: +44 20 3318 1399;
- Online Ticketing System: On the "Contact Us" Page.
Support is available 24/5, from Sunday 22:00 to Friday 22:00 UTC. Unfortunately, there is no 24/7 customer service available.
Trust Scores on Reputable Platforms
ATC Brokers has received generally positive reviews from the trading community on relevant websites, including Trustpilot and ForexPeaceArmy, apparently being respectable among traders:
- Trustpilot: 4.1/5 stars, only 5 reviews;
- ForexPeaceArmy: 4.4 stars out of 5, based on more than 120 scores.
Although the ratings on the Trustpilot website are too few to be considered, there are more than enough reviews on FPA. Therefore, these scores reflect a generally satisfied client base. However, remember that there might be various individual experiences.
Conclusion and Final Words
ATC Brokers offers PAMM accounts and a copy trading service via the Trade Copier platform. Furthermore, the company's support team is available from Sunday 22:00 to Friday 22:00 UTC via 4 channels [email, live chat, phone call, ticket.]
The broker has received a 4.4/5 score on "ForexPeaceArmy", with more than 120 reviews.