Atiora Review 2024

Atiora has closed. Please see the list of similar brokers or the Best Brokers List for alternatives.

2.5 / 5
Atiora is #108 in our CFD broker rankings.

Atiora offers forex & CFD trading with easy-access $1 minimum deposit accounts.

$1
MT4
Forex, CFDs, indices, commodities, cryptocurrencies
50% deposit bonus
Neteller, WebMoney, Visa, Western Union

Forex Trading

Trade close to 100 major, minor and exotic currency pairs.

Stock Trading

Trade major indices at Atiora, including the UK100 and HK50.

CFD Trading

Diversify your portfolio with CFDs on a range of financial markets.

Crypto Trading

9 crypto CFDs are available at Atiora.

Atiora Ltd is an ECN broker offering forex and CFD trading. Our review details the MT4 platform, payments, and how to open an account. Find out whether Atiora is safe and trustworthy.

Atiora Details

Atiora Limited was established in 2015 and is registered in St Vincent and the Grenadines with the Financial Services Commission. This broker does not appear to be regulated by a major financial authority but has clients across several regions including Asia, the Middle East, and Africa.

Trading Platforms

MetaTrader 4 (MT4)

To perform trades on the financial markets, clients of Atiora can use the MT4 platform to make trading easy. This software is industry-leading for forex trading and is ideal for both beginner and seasoned traders. Clients can utilise the following features:

Atiora MT4 platform
Atiora MT4 platform

Traders can also benefit from the following MT4 extensions, available directly from Atiora:

WebTrader

MT4 is also available on any browser. The WebTrader provides a familiar interface for clients experienced with MT4 and is equipped with all the functionality of the downloadable platform.

Mobile App

MT4 provides a mobile trading solution through an app, available on both iOS and Android. This platform contains all the key features of the original MT4 software including one-click trading, trading history, and analytical tools.

Atiora MT4 mobile
Atiora MT4 mobile

Assets

A broad range of trading instruments are available at Atiora, including:

Our review was pleased to see that Atiora offers cryptocurrency trading and a long list of forex pairs, in addition to trading on less common metals such as palladium.

Trading Fees

Atiora advertises tight floating spreads on their instruments, such as 0.2 pips on the EUR/USD. However this is only achievable on their Pro account, where spreads start from 0.05 pips. Pro account holders pay a commission of $100 per million in return for these low spreads, and this may be the preferred structure for experienced traders to reduce volatility.

Crypto account holders pay a 0.15% commission on trades and can expect spreads from 5 pips. Commission-free accounts are available with spreads starting at 3 pips.

Our review found the Pro account to offer competitive spreads relative to other brokers, and a commission is to be expected with these low spreads and ECN trading. The spreads available for the other accounts are relatively high and beginners may find other brokers have a better spread offering.

This broker also charges an interest fee for overnight trading, though Atiora’s Islamic-friendly account negates this cost.

Leverage

Atiora has leveraged trading options. The maximum leverage available depends on the account type:

Payment Methods

Deposits

Minimum deposits vary depending on the account you open:

Atiora rates well in our review for its ultra-low minimum deposit offering on its Micro account, making trading accessible. The broker also has a secure payment interface for clients to make their deposit and accepts funding via wire transfer, Visa/Mastercard, and digital wallets such as Neteller and WebMoney. Processing time is up to 1 business day for wire transfer, several hours for credit cards, and most digital wallet transfers are instant.

Withdrawals

Atiora clients have the same payment options for withdrawal, which take up to three days to process. Commission is also charged on withdrawals and is around 3% for most payment methods. The minimum that can be withdrawn from a trading account is $10.

Demo Account

Prospective clients can open a demo account with Atiora. The 30-day practice trading account comes equipped with $50,000 in virtual funds, allowing traders to test their skills in the financial markets before committing capital.

Atiora puts on a ‘Non-stop Trading’ contest for its demo account holders, in which participants start with $5,000 and the trader with the highest balance growth after one month is the winner. Another contest called ‘Quarter Champion’ runs quarterly with a prize fund of $5,000 and goes to the trader with the highest profitability. These contests are free to take part in.

Bonuses & Promos

50% Deposit Bonus

A 50% deposit bonus is available when you open a new account at Atiora. Clients can use this promotion multiple times, which is activated upon each deposit. Check bonus terms and conditions before you use bonus credit freely.

Payback Program

Atiora also offers a scheme in which active clients can gain spread and commission rebates on each trade. The size of the refund depends on the account type and is not offered with the Crypto solution. A minimum $50 deposit is required to participate in this program.

Rewards Program

This broker also has a Rewards Program that gives clients loyalty points for trading – for example, trading 1 lot of EUR/USD accrues 20 points. These points can be exchanged for gifts on the client’s account page.

Trading Contests

A monthly contest called ‘Best of Scalpers’ is offered by Atiora with a prize of $1,000. The cash prize is awarded to the trader who gains the most profit from scalping or through the use of Expert Advisors (EAs) in real accounts. A monthly contest with a prize of $2,500 called ‘Chasing Mavericks’ is also available, and goes to the trader that maximises profits and executes the least losing trades. An initial deposit of $100 is required for both contests.

Regulation

The company is registered with the Financial Services Commission in St Vincent and the Grenadines. As Atiora Ltd is not regulated by a major financial authority our review cannot recommend trading due to trust concerns. Our review was also concerned by some negative reviews and ratings online.

Despite this, Atiora advertises negative balance protection and that clients can trust their funds are safe through the use of segregated bank accounts.

Additional Features

Clients get access to several additional features that are useful for traders of all experience levels:

Atiora Accounts

Prospective traders can sign up with Atiora from just $1 with the Micro account. This account offers the highest leverage ratios and is commission-free. Their Classic account requires a higher deposit and offers lower leverage but is also commission-free. Atiora charges commissions on their Pro account, which has a high minimum deposit and a minimum lot size of 0.1, and also on their Crypto account, where spreads start from 5 pips.

Benefits

Trading with Atiora has several advantages:

Drawbacks

Downsides to registering for an account include:

Trading Hours

The Atiora site is open 24/7 for clients to login, however users can only trade when the markets open. A schedule of trading sessions in respective time zones is available from the broker’s website.

Customer Support

Atiora offers a live chat team for online support. However, our review was not able to reach an agent using this function. Clients can also use the following channels:

Security

Atiora states it’s committed to securing client’s personal and financial data. However, it’s unclear what measures are taken to secure sensitive information. Fortunately, the MT4 platform and available payment methods do use secure encryption and login protocols.

Atiora Verdict

Atiora is a relatively new forex ECN broker with MT4 platform integration. Clients can open an account with $1, or they can opt for the Pro account for the tightest spreads. This broker also offers several promotions, a demo account, and contests that are free to enter. However, Atiora does not appear to be regulated by a major financial authority which may deter some traders.

Top 3 Alternatives to Atiora

Compare Atiora with the top 3 similar brokers that accept traders from your location.

  1. IG – Founded in 1974, IG is part of IG Group Holdings Plc, a publicly traded (LSE: IGG) brokerage. The brand-US offers spread betting, CFD and forex trading across an almost unrivalled selection of 17,000+ markets, with a range of user-friendly platforms and investing apps. For 50 years, IG has maintained its position as an industry leader, excelling in all key areas for traders.
    Go to IG
  2. World Forex – World Forex is an offshore broker registered in St Vincent and the Grenadines, offering commission-free trading with a $1 minimum deposit and 1:1000 leverage. Digital contracts are also available, offering beginners a straightforward way to speculate on popular financial markets.
    Go to World Forex
  3. Interactive Brokers – Interactive Brokers (IBKR) is a premier brokerage for experienced traders, providing access to 150 markets in 33 countries, along with a suite of comprehensive investment services. With over 40 years of experience, this Nasdaq-listed firm adheres to stringent regulations by the SEC, FCA, CIRO, and SFC, amongst others, and is one of the most trusted brokers for trading around the globe.
    Go to Interactive Brokers

Atiora Comparison Table

Compare Atiora With Similar Brokers
Atiora IG World Forex Interactive Brokers
Rating 2.5 4.4 4 4.3
Markets Forex, CFDs, indices, commodities, cryptocurrencies CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting Forex, CFD Stocks, Metals, Energies, Cryptos, Digital Contracts Stocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, CFDs, Cryptocurrencies
Demo Account Yes Yes Yes Yes
Minimum Deposit $1 $0 $1 $0
Minimum Trade 0.01 Lots 0.01 Lots 0.01 Lots $100
Regulators VFSC FCA, ASIC, NFA, CFTC, DFSA, BaFin, MAS, FSCA SVGFSA FCA, SEC, FINRA, CBI, CIRO, SFC, MAS, MNB
Bonus 50% deposit bonus 100% Deposit Bonus
Education No Yes No Yes
Platforms MT4 Web, ProRealTime, L2 Dealer, MT4, AutoChartist, TradingCentral MT4, MT5 Trader Workstation (TWS), IBKR Desktop, GlobalTrader, Mobile, Client Portal, AlgoTrader, OmniTrader, eSignal, TradingCentral
Leverage 1:1000 1:30 (Retail), 1:250 (Pro) 1:1000 1:50
Payment Methods 4 6 10 6
Visit Visit Visit Visit
Review IG
Review
World Forex
Review
Interactive Brokers
Review

Compare Trading Instruments

Compare the markets and instruments offered by Atiora and its competitors. Please note, some markets may only be available via CFDs or other derivatives.

Compare Atiora Trading Instruments
Atiora IG World Forex Interactive Brokers
CFD Yes Yes Yes Yes
Forex Yes Yes Yes Yes
Stocks Yes Yes Yes Yes
Commodities Yes Yes Yes Yes
Oil No Yes Yes No
Gold Yes Yes Yes Yes
Copper No Yes No No
Silver Yes Yes Yes No
Corn No No No No
Crypto Yes Yes Yes Yes
Futures No Yes No Yes
Options No Yes No Yes
ETFs No Yes No Yes
Bonds No Yes No Yes
Warrants No Yes No Yes
Spreadbetting No Yes No No
Volatility Index No Yes No No

Atiora vs Other Brokers

Compare Atiora with any other broker by selecting the other broker below.

 

Customer Reviews

There are no customer reviews of Atiora yet, will you be the first to help fellow traders decide if they should trade with Atiora or not?

Submit Your Own Review of Atiora

If you have experience trading with Atiora please share your personal review of the broker and what you think are strong and weak points. Thank you.

Visit
Atiora offers forex & CFD trading with easy-access $1 minimum deposit accounts.

FAQ

Is Atiora a trustworthy broker?

Atiora is not licensed with a respectable regulatory agency which is a safety concern. Many scams are often registered in Saint Vincent & the Grenadines so we would recommend caution.

How much capital do I need to trade with Atiora?

Atiora offers a very low starting deposit of just $1. However, clients may wish to deposit more to gain access to tighter spreads and to participate in the broker’s promotions and contests.

What platform does Atiora use?

Atiora offers MT4 integration, a market-leading platform for executing trades. Traders can utilise the full suite of MT4’s capabilities including technical analysis, interactive charting, automatic and copy trading.

Does Atiora offer a demo account?

Atiora’s demo account lasts for 30 days and comes with $50,000 virtual funds to help clients practice forex trading before they open a live account. There are also demo contests where traders can win prizes with no financial commitment.

Does Atiora offer promotions or bonuses?

At present, Atiora offers a 50% deposit bonus promotion and a payback program where traders get refunded for each trade they make. This broker also has a loyalty scheme where clients can accrue points as they execute positions.