ATC is a forex brokerage firm offering online trading solutions to both retail and institutional traders. Established in 2005 and headquartered in London, UK, ATC is authorized and regulated by the Financial Conduct Authority (FCA) under registration number FRN 591361. The broker operates under an STP (Straight-Through Processing) model and provides access to a range of forex and CFD trading instruments.

Market Instruments

ATC offers various popular financial products, mainly including Forex, metals, and CFDs (Contracts for Difference). Forex trading allows clients to engage in currency pair trading, taking advantage of fluctuations in exchange rates. The availability of metals, such as gold and silver, provides an opportunity for traders to diversify their portfolios and speculate on the price movements of these valuable commodities.

Additionally, ATC offers CFDs, which allow traders to participate in the price movements of various financial instruments without owning the underlying assets. These market instruments provide ATC clients with a diverse set of options to explore and potentially capitalize on market opportunities.

Accounts

ATC offers two types of accounts: demo and live accounts. The demo account allows traders to practice their strategies and familiarize themselves with the platform without risking real money. It provides a simulated trading environment with virtual funds, enabling traders to gain experience and test their trading skills. Everyone can get a 20-day free test of platforms.

On the other hand, the live account is for real trading with actual funds. To open a live account with ATC, a minimum account balance of $/€/£5,000 is required. Indeed, the amount is way too high for most regular traders. So investors should take caution with trading on this platform.

By offering both demo and live accounts, ATC caters to traders at different experience levels, providing them with options to hone their trading skills in a risk-free environment or engage in real trading with capital at stake.

Leverage

ATC provides leverage options for traders, allowing them to amplify their trading positions. The leverage offered by ATC varies depending on the instrument being traded. For major currency pairs, the leverage is set at 30:1, which means that traders can control a position that is 30 times larger than their account balance. Non-major currency pairs, gold, and major indices have a leverage of 20:1, providing traders with the opportunity to control larger positions relative to their account size. For silver and other commodities, the leverage is set at 10:1.

Leverage can be a double-edged sword, as while it allows traders to potentially generate larger profits, it also amplifies the risk of losses. Therefore, it is important for traders to understand the risks associated with leverage and use it wisely according to their risk tolerance and trading strategy.

Spreads & Commissions

ATC offers competitive spreads and commission structures for trading various instruments. The spreads are variable and differ across different trading instruments. For the popular EUR/USD currency pair, the average spread is as low as 0.3 pips, which indicates a tight and competitive pricing.

When it comes to commissions, ATC charges a round turn commission based on the contract size. For a mini contract (10,000 lot size), the commission is set at $0.6, while for a standard contract (100,000 lot size), the commission is $6. It’s worth noting that the commission is denominated in USD, and if you are trading pairs that are not in USD, the commission amount will vary based on the prevailing market conversion rate.

Below is a comparison table about spreads and commissions charged by different brokers:

Trading Platforms

ATC provides its clients with a range of trading platforms to cater to their diverse needs. The flagship platform offered by ATC is MT Pro, which is a powerful and advanced trading platform designed for experienced traders. It offers a comprehensive suite of trading tools, advanced charting capabilities, and customizable features to enhance the trading experience.

Additionally, ATC also supports the widely popular MetaTrader 4 (MT4) platform, known for its user-friendly interface, extensive technical analysis tools, and automated trading capabilities. MT4 Mobile is available for traders who prefer to access the markets on their mobile devices, providing convenience and flexibility.

With these trading platforms, ATC ensures that traders have access to robust technology and a seamless trading experience, empowering them to make informed decisions and execute trades efficiently.

See the trading platform comparison table below:

Deposits & Withdrawals

ATC offers several convenient methods for depositing and withdrawing funds from trading accounts. Clients can choose to deposit funds through bank wire transfers, Visa, MasterCard, Skrill Wallet, and Union Pay.

These options provide flexibility and ease of use for clients in different regions. The accepted currencies for deposits and withdrawals are USD, EUR, and GBP, allowing traders to transact in their preferred currency. The minimum deposit requirement is $/€/£5,000.

Conclusion

In conclusion, ATC is a regulated broker offering a variety of trading instruments with competitive spreads. However, there have been reports of withdrawal issues and potential scams, which raise concerns about the reliability of the platform. The high minimum account balance requirement and limited accepted currencies may also pose challenges for some traders. While ATC provides access to popular trading platforms and offers customer support, the availability of educational resources could be improved. It is important for individuals to carefully consider these factors and exercise caution when deciding to trade with ATC.