|Minimum Deposit||Minimum Trade Size||Maximum Leverage||Spread|
|ATC Brokers US||$5000||0.05||50: 1 (200:1 outside US)||0.3 + $8 commission|
|ATC Brokers UK||$5000||0.05||100:1||0.3 + $6 commission|
ATC Brokers was founded in 2005 in the US as a brokerage company providing online trading solutions within the forex and futures markets to customers worldwide. The company focuses on providing traders with the best technology available.
In 2014 ATC launched its UK branch by registering with the Financial Conduct Authority (FCA) and therefore is under the umbrella of the Financial Services Compensation Scheme (FSCS), which protects consumers up to £50,000 per person per company.
The broker is a member of the National Futures Association (NFA) and is a registered introducing broker with the Commodity Futures Trading Commission (CFTC).
NFA-regulated forex brokers are obliged to meet a set of strict requirements, such as to maintain a net capital of at least $20 million and to provide leverage no higher than 1:50.
Although ATC Brokers have an auto-liquidation system to help prevent a negative balance on traders’ accounts, in the event of extreme market volatility, it is possible that a trader loses more money than the initial deposit.
The broker supports STP order execution and provides No Dealing desk environment. This means that broker passes on client orders directly to the liquidity provider, while Dealing Desk brokers, also called Market makers, essentially bet against traders. Consequently, ATC brokers offer variable spreads, the average starting from 0.3 pip.
The minimum account size to open an account with this broker is $5,000 or the amount equivalent in GBP or EUR. This amount may prevent some traders from opening an ATC account, as many other brokers require smaller initial deposits (Forex. com - $500, FXCM - $2,000, OANDA - $1).
As for the commission fees charged by ATC brokers $ 0.80 round turn for a mini contract (10,000 lot size) and $ 8.00 round turn for a standard contract (100,000 lot size).
On the other hand, the starting commission charged by ATC UK is set to $3 per standard lot per side ($6 roundtirn).
The maximum leverage offered by ATC brokers is 50:1 for US clients (the aforementioned NFA requirement) and 200:1 for those outside the US. As regards ATC Brokers UK, they provide maximum leverage level of 100:1. If you are not an US resident and you need more buing power, check check out these brokers.
Account Types include individual, joint, partnership, corporation, LLC and IRA. Additionally, there are swap-free accounts offered, however these are not meant to hold open positions for long periods of time. Also, there is an option to hold more than one ATC account and each trader is allowed to maintain up to 5 accounts.
ATC Brokers offer a variety of free-of-charge trading platforms in order to meet all traders’ needs:
- The popular MT4 (also available on iPhone, iPad and Android), integrated within an institutional price model with STP one-click order execution, fractional pricing, as well as an option to trade inside the spread;
- MT4 Plus, which is a proprietary plug-in that provides high end options, such as Advanced Brackets (with which you can create up to three separate order strategies) and Close All (an option to close all open positions in a selected currency pair).
- Trade Copier is a software allowing money managers and signal providers the ability to distribute trade signals for execution on the MetaTrader 4 platform;
- ATC Trader provides a connection to multiple futures exchanges worldwide; it utilizes the latest technology in order execution and also provides in-chart trading;
- Algo Trader (available in the US only), which allows traders to connect directly to APC’s aggregation engine in order to access the pool of liquidity.
ATC Brokers allows payments and fund withdrawals by check or wire ($25 fee for domestic wires and a $30 fee for international ones). Cashier checks and ACH transfer are not accepted.
ATC brokers UK offers a richer variety of payment methods, including credit/debit card (Visa and MasterCard with 2.9% transaction fee), bank wire, Skrill and UnionPay.
ATC Brokers is a reliable well-regulated ECN broker, offering high-end trading tools. It also provides everything that serious traders desire, such as the popular MetaTrader platform, flat-fee commissions and low spreads.
FXTM is a EU regulated forex broker, offering ECN trading on MT4 an MT5 platforms. Traders can start trading with as little as $1 and take advantage of tight fixed and variable spreads, 1:1000 leverage and swap-free accounts.
FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. FXCM wins our admirations with its over 200,000 active live accounts and daily trading volumes of over $10 billion.
HY Markets is global forex broker with more than 30 years of operational experience, regulated by FCA in the UK. Trade Forex with spreads as low as 1.8 pip
XM is broker with great bonuses and promotions. Currently we are loving its $30 no deposit bonus and deposit bonus up to $5000. Add to this the fact that it’s EU-regulated and there’s nothing more you can ask for.
easyMarkets is a CySEC and ASIC regulated broker offering access to over 300 trading instruments, tight fixed spreads, no slippage and a 50% deposit bonus.
FxPro is a broker we are particularly keen on: it’s regulated in the UK, offers Metatrader 4 (MT4) and cTrader – where the spreads start at 0 pips, Level II Pricing and Full Market Depth. And the best part? With FxPro you get negative balance protection.
FxChoice is a IFSC regulated forex broker, serving clients from all over the world. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions.
Trading212 is a European broker with an excellent proprietary trading platform, which is now available as an iPhone app as well (we tried it out and we loved it). Trading 212’s customers enjoy fast execution a vast selection of trading instruments.
Grand Capital is a MT4 forex broker, offering $500 no deposit bonus and 40% bonus on all deposits.
|Cyprus||CySec||MT4, MT5, Web||$5||Review Website|
|US, UK, Australia||CFTC/NFA, FCA, ASIC||MT4, Web,
|UK, Cyprus, Hong Kong||FCA, CySEC, SFC||MT4, Web,
|UK, Australia, Singapore||FCA||MT4, Web,
|UK, Cyprus||FCA, CySec||MT4, MT5||$5||Review Website|
|UK, Cyprus||FCA, CySEC||MT4, MT5, Web,
|Cyprus||CySEC||MT4, MT5||$300||Review Website|
|Belize||IFSC||MT4, MT5||$100||Review Website|
|UK, Cyprus, Bulgaria||FCA, CySec, FSC||Web||$150||Review Website|
|Belize||IFSC||MT4, Web||$500||Review Website|
|New Zealand||FMA||MT4||$1000||Review Website|