ATC Brokers reviews




Average: 4 based on 6 reviews
4

ATC Brokers

Follow discussion about ATC Brokers


Website: http://www.atcbrokers.com

ATC Brokers Forex broker reviews


ATC Brokers claims to provide the following advantages:

  • Direct ECN connection, No dealing desk
  • Narrow bank spreads
  • Minimum deposit $5000
  • Currenex account from $25 000
  • Leverage 100:1
  • Min lot size 10 000
  • No entry restriction
  • Scalping is allowed
  • MetaTrader 4 Trading platform with EST time zone
  • Speed of execution and a multiplicity of account options and liquidity providers.

ATC Brokers is regulated and audited by:
ATC Brokers is a member of the National Futures Association (NFA) and a registered Introducing Broker
with the Commodity Futures Trading Commission (CFTC). NFA ID #0358522.

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REVIEWS & RATINGS

Rating interpetation



Corni, Canada

February 12, 2010



12 months Total
2 months demo with this Broker
4


The only negative I have for this broker is the fact that for opening an account I have been given a link that does not have a secure (https/ssl) connection. That is the only think that keeps me for the moment of starting real. It is not advisable to provide very sensitive information (bank account, driver license, employment details etc) via a normal internet connection. Raised this issue with ATC and was promised that programmers will look into it, just curious to see how prompt will they react in order to fix it.


Per Paterson, Sweden

November 18, 2009



Zero days Total
2 days demo with this Broker


Hi again,

If you do not want to download and install all ECN Forex brokers demo software on your computer and run them simultaneously to find out which one is the best, there is a great site comparing different ECN brokers in real time here:

http://www.fxintel.com

As you can see here, ATC Brokers is often the best one, but it is also a question about commission, but that is the easy part.

The above site was up and running at one time and was down another time so keep on checking if it is not working
at the moment.


Per Paterson, Sweden

November 17, 2009



Zero days Total
1 day demo with this Broker


ACT Brokers have e-mail and phone and people you can talk to. Had some problem with my demo MT4 installation and send them an e-mail about and three min later a guy called Omar called and asked me to go to an internet site called Team View and registered myself, got a id number, told Omar about it and then he could operate my PC and
install the MT4 demo correctly in no time. Very smart feature this Team View stuff.

I am comparing three Forex Brokers ECN and MT4 demo in real time, it is Pronetfx (UK), FXCBS (UAE) and
ATC Brokers (USA) and prices fluctuate in six digit mode (EUR/USD 1.48864) the last digit is 1/10 pip and prices
are at similar levels but not exactly the same and spreads are different.

ACT Brokers is best with a spread between 0.6-0.9 pips most of the time
FXCBS is second with spreads between 0.9-1.2 pips most of the time
Pronetfx is third with spreads between 1.4-1.9 pips most of the time

It is obvious that these brokers do not have the same banks in their ECN system as far as I can understand.

My question is why should one pay an ECN broker $4.00 per side in commission or 0.4 pips per side plus a spread between 0.6 to 1.9 pips per side, when there is several brokers offering a fixed 1 pip spread (including commission) per side?

Does these fixed 1 pip spread brokers really work the way they say they do? How do they handle a spread in the
ECN system on 0.6 pips like 1.48857 to 1.48863? A two pip fixed spread i could understand, like 1.4885 to 1.4887 would work for the fixed pip Forex broker, but one seems a lot more challenging. Mayby that is why there is a lot of complains about re-quotes, slippage, non-fills, etc.

Would be very interested to hear what other traders with more experience of Forex brokers and trading then myself have to say about this.


Per Paterson, Sweden

November 16, 2009



New Total
0 months with this Broker


Hi,

Have heard positive remarks of them from various sources. One of my top choice so far, still checking out
all ECN Forex Brokers with MT4 software.

I have been offered $8 for standard lot (100.000) and $0.80 for mini lot (10.000) round trip.

I must say that many American Brokers are very good in their understanding of fair trading and computer technology.

I am used to trading E-mini futures, so I like when you only need one pip profit to cover your commission. I am going to try out their MT4 demo version and see how spreads behave.

Does anybody know if non-US citizens has to pay any taxes on currency trading profits using US Forex Broker?


larry revak

October 29, 2009



8 yrs Total
1 yrs with this Broker


i would recommend this broker without hesitation. helpful and fast. customer service is outstanding and the fills and spreads you cant beat. try them, you will not regret it.


mike golman

July 31, 2009



7 years Total
5 years with this Broker


I give atc brokers a standing ovation, service, support, technology, everything is excellent A+ KEEP IT UP ATC!