User Reviews
More
User comment
1
CommentsWrite a review
Score
Cyprus
Above 20 yearsRegulated in Cyprus
Straight Through Processing(STP)
Suspicious Scope of Business
Medium potential risk
Influence
Add brokers
Comparison
Expose
Exposure
Score
Regulatory Index5.50
Business Index9.25
Risk Management Index8.90
Software Index4.95
License Index5.76
Single Core
1G
40G
General information of Atlantic Securities
Atlantic Securities is a Cyprus-based stockbroking company founded in 2001, a subsidiary of Atlantic Insurance Co. Atlantic Securities has been a member of the Cyprus Stock Exchange since September 2001 and a member of the Athens Exchange since October 2006.
Regulation
Atlantic Securities Ltd. is currently regulated by the Cyprus Securities and Exchange Commission CySEC and holds a straight-through license under its authority, Regulatory Number: 005/03.
Local Market of Atlantic Securities
To open a segregated investment account with Atlantic Securities, clients need to provide original ID (national ID, passport), a recent (no more than six months) utility account with the investor's full name and permanent address printed on it. The trading account will be opened successfully within 1-3 working days, and the investor can start trading. Local market fees, Cyprus Stock Exchange: brokerage fee of 0.4% of the transaction value plus a fixed fee of 30 cents per transaction, stock exchange and depository fee of 0.04% of the transaction value, annual depository fee of 0.003% per quarter (based on portfolio value) and transaction exit fee of 0.30% of the transaction amount. Athens Stock Exchange: Brokerage fee of 0.4% of the transaction value plus a fixed fee of 25 cents per transaction, stock exchange and depository fee of 0.325% of transaction value, annual depository fee of 0.003% (based on portfolio value) charged quarterly, sales tax of 0.20% of sales and transaction exit fee of 0.30% of the transaction amount. The investor compensation fund real fee is 0.10% of the maximum portfolio value per month of the previous year on an annual basis and an administrative fee of €1 per year.
International Markets of Atlantic Securities
Trading fees for stocks, exchange-traded funds, futures and options on the global market: 0.20% for Euro stocks/ETFs (minimum €5 per executed order), 2 cents for U.S. stocks/ETFs (minimum $3 per executed order), 2 cents per share for Canadian dollar stocks/ETFs (minimum $3 per executed order), €8 per contract for futures & options contracts, bonds (corporate, municipal securities, treasury bonds) fees are 0.20% of the transaction amount, 0.20% of the transaction amount for Euro mutual funds, and $30 per trade for U.S. mutual funds. If the cost percentage on these markets exceeds 1% of the transaction value, the commission is 1% of the transaction value.
Asset Management of Atlantic Securities
Atlantic Securities' asset management team consists of two key members, Andreas Nicolaou, head of asset management, and Aikaterini Chatzigeorgiou, a portfolio manager. The two have many years of experience in financial markets and are able to design different portfolios for investors depending on their current situation and future capital needs.
More
User comment
1
CommentsWrite a review