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Independent rating of Forex broker Atlantic Securities

0/10 (votes 100)

On-line since
2001
Country of origin
Cyprus
Regulation
Cyprus Securities and Exchange Commission (CySEC)
Payment options
wire transfers, debit card, credit cards
Minimum account size
-
Minimum lot size
-
Leverage
-
Spreads
-

About company

Atlantic Securities was established in 2001. The broker is regulated by the Cyprus Securities and Exchange Commission (CySEC). This guarantees clients freedom from financial fraud and trading stability. CySEC is authorized by MiFID, which governs the activity of brokers in the European region. Atlantic Securities has been a member of the Cyprus Stock Exchange since 2001. In September 2006, the company became a member of the Athens Stock Exchange. The broker follows the common financial brokerage model. That is, it provides offline and online trading services, as well as direct access to major global stock exchanges. Atlantic Securities assures that its clients get transparent prices and access to trading in the global financial markets. The company offers a vast array of exchange-traded products, such as shares, indices, options, commodities, futures, currency pairs, and bonds, through special clearing houses. Atlantic Securities executes acceptance and placement of orders for several financial instruments. Additionally, the company can execute orders on behalf of a client. Portfolio management is another important feature of the broker. Also, Atlantic Securities provides secure storage and management of financial instruments. Its clients can get a loan using one or several financial instruments. With Atlantic Securities, customers are able to carry out currency exchange related to the provision of investment services.

Trading conditions

Atlantic Securities’ official website contains little information about trading conditions. There is only the Online Trading button, which redirects a client to the Client Area. Traders should remember that in order to open a trading account, they must have a high initial deposit. However, the exact sum is not specified on the website. Apart from that, the official website lacks details on leverage, a minimum and maximum level of trade sizes, and other trading conditions. Those wanting to know more about trading with Atlantic Securities should contact the company’s support service.

Payment methods

Atlantic Securities offers its clients traditional payment methods: wire transfers and credit/debit cards. The broker does not use electronic payment systems.

Trading platform

Atlantic Securities has its own trading platform. Based on the reviews of traders, this software is inferior to the popular MT4 or cTrader in many ways. The advantage of this platform is that a client can trade on the go, and contact the 24/7 dealing desk to place and close orders during a trading week.

Support service

The company’s headquarters are located in Nicosia, Cyprus. Clients can contact the support service via phone, email, and online enquiry form.

Traders’ reviews

Mostly, traders complain about disruptions to Atlantic Securities’ trading platform and withdrawal problems. The support service also leaves a lot to be desired.

Advantages and disadvantages

It is hard to point out the pros and cons of Atlantic Securities due to the lack of details about the company on its official website. The broker is regulated by a reliable financial authority, which definitely inspires confidence. The lack of information about trading conditions, training materials, bonuses, and a special mobile trading application raises serious doubts. On top of that, the technical characteristics of Atlantic Securities’ trading platform are inferior to those of popular MT4 and cTrader.

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