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ATC Brokers Review
ATC Brokers provide forex trading services. They provide traders with access to a large range of instruments in a number of markets, such as currencies and commodities.
Pros
- Regulated by Financial Conduct Authority
- Min. deposit from $5,000
- Segregates client funds
- Established in 2005
Cons
- Inactivity Fee
- Limited range of instruments
- Doesn’t allow EAs (See alternatives)
- Not ASIC Regulated (See alternatives)
A minimum deposit of $5,000 is required to create a live account. Alternatively, ATC Brokers provides a demo account that you may use to experiment and become acquainted with their platform.
Regulated by the Financial Conduct Authority in the United Kingdom (FRN: 591361), ATC Brokers places all customer money in a separate bank account with tier-1 institutions. ATC Brokers has been in business since 2005 and has its headquarters in the United States.
While we’re in the specifics of ATC Brokers’ spreads, fees, platforms, and trading tools, you may want to open their website in a new tab by clicking the button below to get the most up-to-date information directly from them.
Full disclosure: If you join up with a broker through one of our links, we may get a commission.
What are the spreads and costs at ATC Brokers?
ATC Brokers, like most brokers, charges a fee based on the spread, which is the difference between both the buy and sell price of an item.
The commissions and spreads shown here are based on the ATC Brokers website’s minimum spreads.
| Forex | ATC Brokers | City Index | XTB |
| EUR/USD(Average: 0.7 pips) | 0.3 pips | 0.7 pips | 0.1 pips |
| GBP/USD(Average: 1.1 pips) | 0.6 pips | 1.7 pips | 0.1 pips |
| USD/JPY(Average: 1.1 pips) | 0.3 pips | 0.6 pips | 0.1 pips |
| AUD/USD(Average: 0.8 pips) | 0.4 pips | 0.6 pips | 0.2 pips |
| USD/CHF(Average: 2.3 pips) | 0.6 pips | 2.3 pips | 0.2 pips |
| USD/CAD(Average: 2.9 pips) | 0.7 pips | 0.5 pips | 0.3 pips |
| NZD/USD(Average: 3.6 pips) | 0.5 pips | 2.8 pips | 0.3 pips |
| EUR/GBP(Average: 2.4 pips) | 0.5 pips | 0.5 pips | 0.1 pips |
Spreads are changeable and are provided solely for informative reasons.
As you can see, the minimum spread for trading EUR/USD at ATC Brokers is 0.3 pips, which is relatively low when compared to the average EUR/USD spread of 0.70 pips. The table below compares the costs of trading one lot of EUR/USD with ATC Brokers to similar brokers.
How much does ATC Brokers charge for a lot of EUR/USD trading?
If you bought one standard lot of EUR/USD (100,000 units) with ATC Brokers at 1.1719 and then sold it the next day at the identical price, you would most likely pay $0. Here is a general breakdown of the fees and how they compare to IG and XTB.
| ATC Brokers | IG | XTB | |
| Spread from: | $ 3.00 | $ 6.00 | $ 2.00 |
| Commission: | $0.00 | $0.00 | $0.00 |
| Total cost of a 100k trade: | $ 3.00 | $ 6.00 | $ 2.00 |
| $3 more | $1 less | ||
| VISIT ATC BROKERS | VISIT IG | VISIT XTB |
All fees/prices are for informational purposes and are subject to change.
With ATC Brokers, what can you trade?
ATC Brokers provides over 50 different trading products, including over 38 currency pairings. We’ve detailed all of the numerous types of instruments provided by ATC Brokers below, along with IG and XTB’s instruments for comparison.
| FX / Currencies | ATC Brokers | IG | XTB |
| # of forex pairs offered | 38 | 90 | 48 |
| Major forex pairs | Yes | Yes | Yes |
| Minor forex pairs | Yes | Yes | Yes |
| Exotic forex pairs | Yes | Yes | Yes |
| Cryptocurrencies* | No | Yes | Yes |
| Commodity CFDs | ATC Brokers | IG | XTB |
| # of commodities offered | 0 | 34 | 21 |
| Metals | Yes | Yes | Yes |
| Energies | Yes | Yes | Yes |
| Agricultural | No | Yes | Yes |
| Index & Stock CFDs | ATC Brokers | IG | XTB |
| # of stocks offered | 0 | 8000 | 1606 |
| UK shares | No | Yes | Yes |
| US shares | No | Yes | Yes |
| German shares | No | Yes | Yes |
| Japanese shares | No | Yes | Yes |
| SEE ATC BROKERS’S INSTRUMENTS | SEE IG’S INSTRUMENTS | SEE XTB’S INSTRUMENTS |
What’s the ATC Brokers trading experience like?
1) Platforms and apps
ATC Brokers provides the well-known MT4 forex trading platform. See our MT4 broker comparison for a list of the best MT4 brokers. Additionally they provide their own ATC Trader platform.
They now have mobile apps for Android and iOS, making it easy to monitor and execute transactions while on the go.
Still not sure?
Open a practice account & learn to trade
2) Executing Trades
ATC Brokers enables you to execute a minimum of 1 lot. This may differ based on the type of account you create. The maximum trading requirements differ according to the trader and the instrument.
Because they provide ECN and STP execution, you may anticipate incredibly tight spreads and more visibility over the price you pay to execute your trades.
They may have fewer entrance criteria as a market maker than an ECN broker, which benefits from a higher number of transactions and usually has higher capital and minimum trading requirements. Market makers generally have a lower minimum deposit, lower minimum trade requirements, and no trading commission.
Margin requirements, like those of other brokers, vary based on the trader, account, and instrument. The most recent margin requirements may be seen on their website.
Finally, we’ve included a list of some of the most common funding ways that ATC Brokers provides to its traders below.
Trading Features:
- Allows hedging
- Offers STP
- Allows scalping
- Low min deposit
Accounts offered:
- Standard account
- ECN account
- Demo account
- Mini account
- Managed account
Funding methods:
- Credit cards
- Bank Transfer
3) Client support
ATC Brokers offer a limited number of languages, including English.
4) What you’ll need to open an account with ATC Brokers
Because ATC Brokers is regulated by the Financial Conduct Authority, every new customer must pass a few simple compliance tests to verify that you understand the risks of trading and that you are permitted to trade. When you establish an account, you will most likely be asked for the following information, so keep it handy:
- A scanned colour copy of your passport, driving license or national ID
- A utility bill or bank statement from the past three months showing your address
You’ll also need to complete a few basic compliance inquiries to prove your trading expertise, so allow at least 10 minutes to finish the account opening procedure.
While you may be able to browse their site immediately, it is essential to note that you will not be able to execute any transactions until you pass compliance, which might take several days depending on your circumstances.
To begin the process of creating an account with ATC Brokers, go to their website.
79% of retail investor accounts lose money when trading CFDs with this provider.
