Abstract:ATC BROKERS is a leading foreign exchange trading brokerage company that provides online trading solutions for retail and institutional clients in the forex trading industry. The company has established a 100% intermediary model to provide clients with transaction services that are not manipulated by humans. It will not bet against customers at any time. To execute in real-time, it uses STP straight-through mode to process liquidity providers. The company was launched in 2005, headquartered in London, UK. It is authorized and regulated by the Cayman Financial Supervisory Authority CIMA and the British Financial Market Conduct Authority.
General Information & Regulation of ATC Broker
ATC Brokers is a foreign exchange trading brokerage company that provides online trading solutions for retail and institutional clients in the forex trading industry. ATC Brokers was launched in 2005, headquartered in London, UK, authorized and regulated by the Financial Conduct Authority (FRN 591361) . This 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, offering forex and CFDs instruments.
Market Instruments
ATC Brokers offers various popular financial products, mainly including Forex, Precious Metals (gold & silver), and a series of Commodity CFDs.
Minimum Deposit of ATC Brokers
ATC Brokers requires a minimum deposit of 5000 GBP/USD when opening an ATC Brokers trading account. Indeed, the amount is way too high for most regular traders. So investors should take caution with trading on this platform.
Leverage of ATC Brokers
Leverage allows clients to hold a larger position than the initial cash deposit, and to increase the value of their underlying investment. Leverage increases the potential of high returns when the market moves in their favor. However, leverage will also act against clients when the market moves in the opposite direction to their prediction. The leverage level set by the company provides 1:30 for major currencies, 1:20 for secondary currencies, and 1:10 for commodities. Traders can get access to the world financial market for forex trading and metal CFDs only from one account. Free demo account is available, and everyone can get a 20-day free test of platforms.
Spreads & Commissions of ATC Brokers
In terms of spreads, the average EURUSD spread is from 0.3 pips, spreads on AUD/USD from 0.4 pips, EUR/JPY from 0.5 pips, average spread on XAUUSD around 0.7 pips, spread on XAGUSD from 0.16 pips. With regard to the average spread of indices, spread on DAX/EUR is around 1.5 pips, STXEUR 1.5 pips. Still, commission is applied to each contract.
Trading Platform of ATC brokers
ATC adopts popular MT4 software, aiming to provide novice and experienced users with a user-friendly and powerful intuitive trading interface and efficient ECN execution mode, which can be accessed on desktops, mobile phones, tablets, and other devices. The minimum trading lot size of MT4 for CFDs is 0.10, and the minimum trading lot size of MT4 for forex and precious metals is 0.01.
Deposit & Withdrawal
ATC Brokers accepts various payment methods, including wire transfer, Visa and Mastercard credit cards, Skrill e-wallet, and UnionPay, accepting USD, EUR, and GBP currency deposits. The minimum deposit is USD 5000, or the equivalent amount of EUR and GBP. For withdrawal, clients need to visit the user's account backstage, fill in the amount on the “Withdrawal” page, and provide a withdrawal application, and the application will be processed within one or two working days. For deposit, wire transfer requires no fees, debit cards and Skrill e-wallets charge 2.9% transaction fees; For withdrawal, international wire transfer charges 25 pounds / 30 euros / 40 USD, debit card requiring no fees, and Skrill e-wallets charge 1.0% transaction fee, Faster Payment charges £10 (only for UK residents).
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Company summary
Company Profile
Founded in 2005 by a group of turnkey professionals with years of experience in financial services, IFX offers a complete range of banking business process services through a modern API-driven and web-based platform. IFX provides a market-leading liquidity market management system, as well as flexible payment and foreign exchange solutions that can be applied to any business type. Traders can take advantage of the speed, collaboration, and specialization to build payment and collection solutions that work for them. IFX holds a payment license from the FCA in the UK (license number: 900517) and a general finance license from the Dubai Financial Services Authority (license number: F001814).