Headquarters: Office B1804 B Tower, Torre de Las Americas, Punta Pacifica
Regulated by: N/A
minimum deposit: $250
minimum lot size: 1k
max leverage: 1:400
Variable, from 1 pip
Credit card, MoneyBookers, WebMoney
Act Trader, Metatrader, UniTrader, Currenex
What we think about AtlanticFX (out of business)
Atlantic FX is a company acting as an introducing broker to Boston Merchant Financial (BMFN) but along with BMFN’s UniTrader platform, Atlantic FX offers Metatrader 4 (MT4), ActTrader and the Currenex trading platforms.
There’s no point of beating around the bush so let us tell you straight away: except for the forex platform choice, this is one broker that won’t offer anything special. There’s a single account type which requires a reasonable initial investment of $250; there’s 37 currency pairs available for trading; the spreads are low – the advertised typical spread on EUR/USD is 1.2 and even when you add the broker’s commission of 0.5 pips per lot to the equation, things don’t get too ugly; there’s a zero margin requirement for hedging positions; and that’s about it.
The one thing we don’t particularly like about this broker is the fact that it is unregulated – and there’s plenty of other brokerages out there that offer similar and better trading conditions with the security of licensed and regulated operations. If we had to choose a broker right now, Atlantic FX wouldn’t be our first choice – or our second.
AtlanticFX Review Conclusion
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