ATC Brokers Review 2022

Flag Traders in United States welcome

Trade forex and CFDs with 1:30 leverage and advanced trading tools.

InstrumentsForex, CFDs, indices, commodities
Demo AccountYes
Min. Deposit$5,000
Payment Methods
Min. Trade0.01 lots
Regulated ByFCA, CIMA
MetaTrader 4No
MetaTrader 5No
cTraderNo
STP AccountNo
ECN AccountNo
DMA AccountNo
MAM AccountYes
PAMM AccountNo
LAMM AccountNo
Mobile AppsYes
Margin TradingNo
Spot TradingNo
Auto TradingYes
Social TradingNo
Copy TradingNo
Islamic AccountYes
Commodities
  • Gold
  • Silver
CFD TradingTrade contracts for difference (CFDs) in a range of financial markets.
CFD FTSE Spread0.6
CFD GBPUSD Spread0.6
CFD Oil Spread0.03
CFD Stocks SpreadVariable
CFD Leverage1:30
Forex TradingFX trading is available with 1:30 leverage.
Forex GBPUSD Spread0.6
Forex EURUSD Spread0.3
Forex EURGBP Spread0.5
Forex Assets35+
Risk Warning – Your capital is at risk

ATC Brokers Ltd is a forex broker offering ECN spreads on the MT4 and MT Pro trading platforms. Before you log in and download the terminal, follow this review for details on leverage, minimum deposits and commission fees.

ATC Brokers Details

ATC Brokers Limited was established in 2012 in London and is regulated by the Financial Conduct Authority (FCA). The broker also has an additional entity based in the Cayman Islands which is regulated by the Cayman Islands Monetary Authority (CIMA).

ATC Brokers follows an STP model, providing instant execution to top liquidity providers. The broker offers forex and CFDs instruments using innovative technology that suits both new traders and institutional clients.

Trading Platform

MT Pro (MetaTrader)

MT Pro is an enhanced version of the MetaTrader 4 (MT4) platform, providing a range of features that aims to improve the overall trading experience. Traders can customise orders with comprehensive risk management tools, including bracket orders, trailing stops, and strategy orders.

ATC Brokers MT Pro platform
ATC Brokers MT Pro platform

The software also produces detailed trading reports including profit and loss, winners and losers, performance, and time analysis. In addition, there’s access to Depth of Market view, a complete charting package with a customised layout, and access to EA signals and automated trading.

Markets Review

ATC Brokers offers over 35 currency pairs, from majors to exotics, as well as CFD indices such as the Dow Jones and S&P 500. You can also trade a selection of commodities, including oils, gold and silver. On the downside, cryptocurrency trading isn’t available.

Spreads & Commissions

Average variable ECN spreads on currency pairs such as EUR/USD are competitive, starting from 0.3 pips. Spreads are 0.7 pips for silver and around 0.6 pips for major indices such as the FTSE 100.

ATC Brokers forex spreads
ATC Brokers forex spreads

The commission is set to $0.60 round turn for a mini contract (10,000 lot size) and $6.00 round turn for a standard contract (100,000 lot size).

There is also a dormant account fee which is either 50 units of the account currency or the remaining account balance. This applies to accounts that have been left inactive for at least 6 months. Rollover fees also apply and these can be found within the portal.

Leverage

Trading leverage at ATC Brokers is set to 1:30 for major currency pairs, 1:20 for non-major currency pairs, gold, and major indices, and 1:10 for silver and other commodities. Professional traders can apply for 1:100 leverage. The broker details margin calculations within the FAQ section.

Mobile Apps

The MetaTrader 4 trading platform is available as a downloadable mobile app, free of charge from the App Store or Google Play. The app facilitates full account management, real-time data, and financial news. You can also utilise the 30 pre-loaded technical indicators for analysing the markets.

ATC Brokers mobile trading
ATC Brokers mobile trading

Once you have installed the app, you can use your ATC Brokers live account credentials to log in.

Payment Methods

Deposits and withdrawals are available via bank wire, Visa, MasterCard, Skrill, and Union Pay, which accept USD, EUR, and GBP. Depositing via bank wire is fee-free, however, debit/credit cards and Skrill incur a 2.9% fee.

Withdrawal fees are 25 GBP/30 EUR/40 USD for international bank wire, 10 GBP for faster payment (UK only), and 1.0% for Skrill. Withdrawals via credit/debit cards are fee-free. Withdrawals are typically processed within 1 – 2 business days.

Demo Account

ATC Brokers offers a 60-day demo account. Traders can access live market pricing and place simulated trades in a safe and risk-free environment. Once you’re ready you can then open a real-money trading account.

ATC Brokers Bonus

There are no available deals at ATC Brokers. This is common with FCA-regulated brokerages, who are subject to restrictions designed to protect traders.

Regulation

ATC Brokers Limited is authorised and regulated by the Financial Conduct Authority (FCA) in the United Kingdom, with FRN 591361, and by the Cayman Islands Monetary Authority (CIMA), with license number 1448274.

The FCA and CIMA protect consumers by placing high standards and processes on firms. This includes segregating clients funds in separate accounts. ATC Brokers uses Barclays and NatWest for account custodian services.

UK clients are also protected by the Financial Services Compensation Scheme (FSCS) which protects up to £85,000 per person.

Additional Features

ATC Brokers does offer some educational content on forex and CFD trading basics. There’s also an economic calendar to keep track of global news, plus daily market news. Overall, the additional resources are good but are not particularly unique or substantial.

Account Types

Clients can open an individual, joint or corporate ECN account, which comes with narrow spreads and leverage up to 1:30 for individuals and 1:100 for professionals. The minimum lot size is 0.01 and there is no maximum trade size. The account is largely aimed at experienced traders, as the minimum initial deposit is 5,000 USD or the equivalent amount in GBP or EUR.

For those looking for custom money management solutions, PAMM accounts are also available upon request.

Benefits

In comparison with other providers such as Oanda and Tickmill, ATC Brokers offers some good benefits:

Drawbacks

Disadvantages of choosing ATC Brokers include:

Trading Hours

The FX market is open from Sunday 5:05 PM EST to Friday 4:59 PM EST. This may vary during holiday schedules.

The metals market is open from Sunday at 6:00 PM EST and closes at 5:00 PM EST each day, re-opening at 6:00 PM EST. On Friday the market closes at 5:00 PM EST and re-opens on Sunday.

Specific times for other assets can be found in the contract specifications.

Customer Support

You can get in touch with ATC Brokers via several methods:

The broker’s headquarters is located at 1 Fore Street Avenue, London, EC2Y 9DT.

Security

MT Pro (MT4) follows industry-standard security requirements and is protected with 128-bit encryption. Traders can also opt for email and phone authentication at the login stage, to add an extra layer of safety.

ATC Brokers Verdict

ATC Brokers has performed well in this review, including the narrow ECN spreads and FCA regulation. We also liked the MT Pro and MT4 trading platforms as well as the 60-day demo account. This broker would be a good choice for experienced traders, however, the $5,000 minimum deposit may be a barrier for casual traders and beginners.

Accepted Countries

ATC Brokers accepts traders from Australia, Thailand, Canada, United States, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries.

Compare ATC Brokers

Compare ATC Brokers with similar brokers that accept traders from your location. Among available brokers these are the most similar to ATC Brokers:

  1. AAAFx – AAAFx offers CFD trading in forex, commodities, indices and cryptocurrencies.
  2. IG Group – IG-US offer spread betting, CFD and Forex trading across a range of markets. They are FCA regulated, boast a great trading app and have over 47 year track record of excellence.
  3. eToro – eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs. eToro USA LLC does not offer CFDs, only real crypto assets available.
  4. Forex.com – Forex.com boast a global reputation. Regulated in the UK, EU, US and Canada they offer a huge range of markets, not just forex, and offer tight spreads on a cutting edge platform.

ATC Brokers Comparison Table

Compare ATC Brokers With Similar Brokers
ATC Brokers AAAFx IG Group eToro Forex.com
Rating 4.4 4.7 4.5
Markets Forex, Stocks, Commodities Forex, Stocks, Commodities, Crypto Forex, Stocks, Commodities, Crypto Forex, Stocks, Commodities, Crypto Forex, Stocks, Commodities, Crypto
Demo Account Yes Yes Yes Yes Yes
Minimum Deposit $5,000 $10 £250 $10 $100
Minimum Trade 0.01 lots 0.01 lots 0.1 lots $10 $1
Regulators FCA, CIMA HCMC (Greece), FSCA (South Africa) FCA, ASIC, MAS, FSCA, JFSA, FMA, CFTC, NFA, BMA, DFSA, FINMA, BaFin FCA, CySEC, ASIC, FSA CySEC, IIROC, NFA, CFTC, FCA, CIMA
Bonus 100% Deposit Bonus available for Global clients No
Education No Yes Yes Yes
Platforms MT4, MT5 MT4 MT4
Leverage 1:30 1:30 EU, 1:500 Global 1:30 1:30 EU 1:200
Payment Methods 3 8 6 14 8
Detailed Comparison ATC Brokers vs AAAFx ATC Brokers vs IG Group ATC Brokers vs eToro ATC Brokers vs Forex.com
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Compare Trading Instruments

Compare ATC Brokers Trading Instruments
ATC Brokers AAAFx IG Group eToro Forex.com
CFD Yes Yes Yes Yes Yes
Forex Yes Yes Yes Yes Yes
Stocks Yes Yes Yes Yes Yes
Commodities Yes Yes Yes Yes Yes
Oil No No Yes Yes Yes
Gold Yes Yes Yes Yes Yes
Copper No No Yes Yes No
Silver Yes No Yes Yes Yes
Corn No No No Yes No
Crypto No Yes Yes Yes Yes
Futures No No Yes No Yes
Options No No Yes No Yes
ETFs No Yes Yes No
Bonds No Yes No No
Warrants No No No No
Spreadbetting No No Yes No No
Volatility Index No Yes Yes No

ATC Brokers vs Other Brokers

Compare ATC Brokers with any other broker by selecting the other broker below.

ATC Brokers vs

FAQ

How do I register with ATC Brokers?

You can sign up by completing the online application forms and submitting your ID documents. Applications generally take 1 – 2 business days. You can then log in to the ‘My Account’ portal and begin trading.

Does ATC Brokers offer a demo account? 

Yes, ATC Brokers offers a 60-day trial account where you can practice your trading strategies without risking funds. You can apply for a demo account by clicking on ‘Demo Request’.

How can I fund my ATC Brokers account?

You can deposit funds within the client portal via bank transfer, credit/debit cards, Skrill, and Union Pay.

How much capital do I need to fund my ATC Brokers account? 

You need to deposit at least $5,000 to open an account with ATC Brokers.

What trading platforms are available at ATC Brokers? 

You can trade on the MT Pro desktop platform or the MT4 mobile app.

Trade forex and CFDs with 1:30 leverage and advanced trading tools.