Atlanta Capital Markets Information
Atlanta Capital Markets is an unregulated brokerage company registered in the United Kingdom. This firm provides a swath of investment choices with its advanced trading platforms, such as AAT, MT5, and MT4. Atlanta Capital Markets has different account types for both retail and institutional investors. However, this firm is on the pricer end for online trading compared to other brokerages. Furthermore, Shared CFDs are an option exclusive to ECN accounts.
Pros and Cons
Is Atlanta Capital Markets Legit?
Atlanta Capital Markets currently does not hold any valid regulatory certificates. Although it is incorporated in the United Kingdom, it lacks regulation from any recognized financial authority. Opening an online brokerage account can be an easy way to start investing and there are always risks in investing. But we can choose to stay away from certain risks.
What Can I Trade on Atlanta Capital Markets?
Atlanta Capital MarketsES gives you plenty of options for investing. Depending on your goals and risk tolerance, you can invest in:
- Forex: 75+ currency pairs and the leverage is up to 1:500
- Indices: 11 of the worlds largest & most liquid stock indices such as Dow Jones, S&P 500, Nikkei, and UK FTSE
- Precious metals: gold, silver, platinum, and palladium and the leverage is up to 1:500
- Share CFDs: US shares through CFDs, largest companies such as Google, Apple, and Amazon
- Energies: US Crude and UK Brent oil and leverage is up to 1:100
- Cryptocurrencies: trading 60 Cryptocurrencies 24/7
A couple of things you won't see here are ETFs and bonds. Atlanta Capital MarketsES doesn't offer either one. You may see that as a disadvantage if you're interested in trading ETFs or bonds. But if your strategy revolves mostly around forex, stocks, and indices, it may not matter as much.
Account Types
Whether you are a beginner with lower starting capital or professional fund manager, you can choose from Atlanta Capital Markets' four live trading accounts (STP, PRO, ECN, and Insitutional).
In aggregate, tighter spreads, and lower trading fees are available as your investment grows. If you invest at least $1,000, you'll have spreads from 0.0 pips and commission of $4 per side per lot. Swap-free accounts are for all types except institutional accounts. Interestingly, Institutional accounts seem to have a less favorable trading condition than ECN accounts. The spreads are from 1.3 pips with commission of $1.50 per side per lot and they're not swap-free accounts.
Besides, a demo account is also available with Atlanta Capital Markets. Moreover, shared CFDs are only available on ECN accounts.
Atlanta Capital Markets Fees
Keeping an eye on investment fees matters. With Atlanta Capital Markets, the fees depend on the account type. For example, the trading conditions for live accounts are as follows:
The minimum deposit for STP accounts is $100. But its trading conditions are not attractive compared to some other brokerages. The ECN accounts seem fine but you need to invest at least $1,000.
Trading Platform
Atlanta Capital Markets provides its proprietary platform, namely, Atlanta Capital Markets Auto Trader (AAT). This platform is designed for new traders or those lacking time to trade. AAT can be installed on Windows, MAC, IOS, and Android devices. It offers an opportunity to copy hundreds of proven strategies automatically. You can choose from the best strategy providers around the world and diversify your trading portfolio.
Other popular platform such as MT5 and MT4 are also available here.
Deposit and Withdrawal
Atlanta Capital Markets offers several deposits and withdrawals options. Funding through Swift, Dragonpay or Credit & Debit Card (Zotapay) may take 1 business day. Other deposit options support instant funding. This firm integrated deposit and withdrawal options in different base currencies. For example, accepted currencies are AUD, CAD, EUR, GBP, INR, USD with Skrill and only PHP is with Dragonpay. So you may want to keep a close look at these accepted currencies for each method.
Withdrawals are processed within 24 hours on business days. Depending on the withdrawal method, funds will generally arrive in your account in a few hours.
Deposit Options
Withdrawal Options
Customer Support Options
Atlanta Capital Markets's customer support is available Monday through Friday from 7:30am – 4:30pm GMT. You can contact them by phone (+44 0 20 2266 9720), email (support@acmimarkets.com), an online chat feature, or hit a button on the online message box.
The Bottom Line
Variety is a good thing for investors. More investment options, abundant account types, plentiful trading platforms are selling points with Atlanta Capital Markets. However, you should keep a close look at trading fees. Furthermore, the regulatory hurdle could be a further barrier. When you comparing brokerages, keep risk and cost firmly in mind.
FAQs
Is Atlanta Capital Markets a regulated brokerage?
Yes, Atlanta Capital Markets is not regulated by any reputable financial authority. Before choosing a brokerage, remember to consider the risk involved.
What account types does Atlanta Capital Markets offer?
Atlanta Capital Markets offers four live trading accounts and a demo account.
Does Atlanta Capital Markets offer leveraged trading?Yes, Atlanta Capital Markets provides a leverage option, which is up to 1:500.
Risk Warning
Online trading involves considerable risk, so it may not be suitable for everyone.
2024-07-27 11:44
