ATA FX Markets Spreads, leverage, minimum deposit Revealed

WikiFX | 2022-10-31 18:33

Abstract：　Registered in the United States, ATA FX Markets is a brokerage house that was not established long, with an operating time of less than 5 years. With the ATA FX Markets platform, there are three types of trading accounts are available: Crypto account, Islamic account and Crypto & Forex Account, with the minimum deposit to trade with this broker starting at £100, and the maximum leverage that can be used is up to 1:1000. Since the brokers official website cannot be opened for now, we were unable to obtain more information about its trading platforms, payment methods, and more.

　　Since ATA FX Marketss official website (https://www.atafxmarkets.com/) cannot be opened for now, we could only piece together the rough picture of this brokerage house by gathering some relevant information from other websites.

Basic	Information
Registered Country/Region	United States
Regulation	No License
Minimum Deposit	£100
Minimum Spreads	From 0.4 pips on the Islamic account
Maximum Leverage	1:1000
Trading Platform	MT4 trading platform
Payment Methods	N/A
Customer Support	Telephone, Email

　　General Information

　　Registered in the United States, ATA FX Markets is a brokerage house that was not established long, with an operating time of less than 5 years. With the ATA FX Markets platform, there are three types of trading accounts are available: Crypto account, Islamic account and Crypto & Forex Account, with the minimum deposit to trade with this broker starting at £100, and the maximum leverage that can be used is up to 1:1000.

　　Since the brokers official website cannot be opened for now, we were unable to obtain more information about its trading platforms, payment methods, and more.

　　Market Instruments

　　ATA FX Markets boasts that it provides access to a massive financial markets. Different types of trading assets like over 80 currency pairs, global indices, gold, silver and oil, and more, are available through this brokerage house.

　　Account Types

　　Three types of trading accounts are available with the ATA FX Markets platform: Crypto Account, Islamic Account, Crypto & Forex Account. To open a Crypto account, an initial deposit of £100 is required, and other two types of trading accounts are both required from £1,000 to start trading.

Account Types	Minimum Deposit	Maximum Leverage	Spreads
Crypto Account	£100	1:25	From 1.6 pips
Islamic Account	£1, 000	1:1000	From 1.2 pips
Crypto&Forex Account	£1, 000	1:100	From 0.4 pips

　　Leverage

　　The maximum trading leverage is up to 1:1000, which is much higher than the appropriate amount considered by most legit regulatory authorities.

　　Since leverage can amplify gains as well as losses, it is essential that traders should choose a safe ratio no more than 1:10.

　　Spreads

　　Spreads are determined by trading accounts, with the Crypto & Forex account from 1.2 pips, the Islamic account from 0.4 pips, the Crypto account from 1.6 pips.

　　Customer Support

　　Clients who have any inquiries or trading-related issues can get in touch with ATA FX Markets through the following contact channels:

　　Telephone: + 01 234 567 89

　　Email: contact@atafxmarkets.com

　　Pros & Cons

　　Some advantages and disadvantages of ATA FX Markets include the following:

Pros	Cons
Multiple range of trading assets	Not regulated
High leverage	Minimum deposit not friendly
Three types of accounts to choose from	Trading platform not disclosed
	Official Website Unavailable
	Essential details missing