ATC Brokers is a London-based brokerage that was founded in 2012 and has since opened offices in California and the Cayman Islands. The firm benefits from rigorous FCA regulation for maximum client security, with leverage rates are capped at 1:30. The broker offers both self-directed investing as well as PAMM accounts, with access to the broker's MetaTrader 4 and MT Pro software.
Trade Republic is a German investment firm, with an intutive mobile app to trade stocks, ETFs, crypto, derivatives and more. The broker is regulated by the Federal Bank of Germany (BaFin) and provides commission-free execution on all assets. The brand has +1 million registered customers, with +€6 billion assets under management (AUM).
Comment by Reviewer
"Based on my extensive tests, ATC Brokers is best for experienced traders who can afford the initial $2,000 cost and can trade enough volume to overcome the high deposit and withdrawal costs."
"I think traders looking for an easy-to-use mobile trading app with auto investment options and savings plans should consider Trade Republic. However, after testing out the account, the lack of additional tools and resources was a major drawback for me."
I'm a fan of the broker's advanced MT4 toolset called MT Pro, which supports advanced reporting and a more sophisticated one-click trading functionality
I also rate the rapid trade execution through the broker's ECN pricing model, which allowed me to access spreads from 0.3 pips on EUR/USD
Top-tier FCA regulation ensures that certain customers are protected from financial malpractice via robust safeguarding measures
ATC Brokers offers both self-directed trading and PAMM investment accounts for experienced account managers
It's good to see that Trade Republic is authorized and regulated by the Federal Bank of Germany (BaFin) with €100,000 compensation available per investor
I'm a fan of Trade Republic's sleek and modern mobile app with simple navigation and an easy-to-use interface
I think the commission-free pricing model on all assets with $0 minimum deposit and $1 minimum investment makes the broker ideal for beginners
Trade Republic offers a pretty impressive asset list including 8000+ international stocks, 500+ ETFs, 40,000+ derivatives and 50+ crypto coins
I also like that interest payments are available on uninvested cash balances
ATC Brokers has a disappointing asset range compared to most competitors, supporting a total of just 51 products
I'm disappointed that there is no commission-free pricing model available for less experienced and lower-volume traders
I expected a larger range of educational and analysis materials from the broker, which would help clients make more informed trading decisions
The minimum deposit limit of $2,000 is pretty high in my opinion, especially with such a small asset list on offer
I think it's a shame that there's no demo account or any educational content on offer for beginners
There are limited customer support options with no live chat or telephone contact
My tests found that Trade Republic is only available to European residents
My tests only uncovered 51 CFD products spanning currencies, indices, energies, precious metals and cryptocurrencies - a very underwhelming line-up compared to most other brands.
CFD trading not offered
ATC Brokers offers a poor range of 35 forex products through the MT Pro platform. That said, I was impressed with the very tight spreads and low latency speeds.
Forex trading not offered
Crypto trading not offered
Trade Republic offers a very good range of 50+ crypto coins such as Bitcoin, Ethereum and Ripple. I can trade 24/7 for as little as €1 and I'm pleased to see that cold wallet storage solutions are available for digital currency, regulated in Germany and Austria.