Ikhtisar:ATIORA, established in 2015, offers forex and CFD trading through the MT4 platform. They advertise themselves as an ECN broker, a potential benefit for traders. ATIORA offers MT4 platform, a popular choice among traders, accepts clients from various regions (Asia, Middle East, Africa).
Note: ATIORAs official site - https://atiora.com/en/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.
ATIORA Review Summary in 10 Points | |
Founded | 2015 |
Registered Country/Region | St.Vincent and the Grenadines |
Regulation | Not regulated |
Market Instruments | Forex, CFDs, indices, commodities, cryptocurrencies |
Demo Account | Available |
Max. Leverage | 1:1000 |
Spread | Average at 0.2 pips |
Trading Platform | MT4 |
Minimum Deposit | $1 |
Customer Support | Telephone: +44 8000 988085; Email: support@ATIORA.com (available 25/7 in six languages); Skype: ATIORA.support |
ATIORA, established in 2015, offers forex and CFD trading through the MT4 platform. They advertise themselves as an ECN broker, a potential benefit for traders. ATIORA offers MT4 platform, a popular choice among traders, accepts clients from various regions (Asia, Middle East, Africa).
However, a major red flag emerges in their regulation. ATIORA is registered with the Financial Services Commission (FSC) of St. Vincent and the Grenadines. This jurisdiction is known for its relaxed oversight of financial markets, raising concerns about investor protection.
Pros | Cons |
Low minimum deposit requirement | Not regulated |
Multilingual customer service team | No educational resources |
Low spreads | |
User-friendly platform |
Low minimum deposit requirement: For new traders or those with limited capital, minimum deposit from $1 allows them to try out the platform, test their strategies, and gain experience before committing larger sums.
Multilingual customer service team: ATIORA has multilingual customer service team, ensuring that traders from diverse linguistic backgrounds receive timely and effective support.
Low spreads: Traders are provided floating spreads that average at 0.2 pips on the EUR/USD, enabling traders to execute trades at competitive prices, thereby minimizing their trading costs and maximizing potential profits.
User-friendly platform: Trade with the globally popular MT4 system, suitable for both beginners and experts.
Not regulated: Lack of regulatory oversight raises significant concerns about the safety and security of investment funds.
No educational resources: ATIORA doesn't offer educational materials to help users make informed investment decisions. This could be a disadvantage for beginners.
ATIORA's legitimacy is questionable due to their lack of regulation by a major financial authority. While they are registered with the Financial Services Commission of St. Vincent and the Grenadines, this jurisdiction is known for lax oversight. This raises concerns about the safety of client funds, especially considering negative online reviews about ATIORA. Their assurances of negative balance protection and segregated bank accounts are not enough to outweigh the lack of a strong regulatory body.
ATIORA offers a diverse selection of financial instruments. Traders can access over 90 currency pairs, including popular majors and minors, for speculating on foreign exchange rate movements. Additionally,ATIORA provides spot metals like gold, silver, platinum, and palladium, allowing traders to potentially capitalize on price fluctuations in these precious metals. For those interested in commodities, WTI and Brent crude oil, as well as US natural gas, are offered.
ATIORA also delves into Contracts for Difference on stock market indices, including the HK50 and UK100, enabling traders to participate in the performance of these indexes without directly owning the underlying assets.To round out their offerings, ATIORA incorporates popular cryptocurrencies like Bitcoin and Dash into their instrument selection, catering to the growing demand for digital asset trading.
ATIORA offers tiered account options to suit different trader needs and risk tolerances. The Micro account caters to beginners with a low minimum deposit of just $1. This entry-level account features the highest leverage ratios and eliminates commission fees, potentially appealing to those starting with a small investment. As traders gain experience, they can consider the Classic account with a higher minimum deposit but lower leverage. This account also avoids commission fees.
For traders seeking potentially tighter spreads and higher trade volumes, ATIORA offers the Pro account.However, this comes with a higher minimum deposit, commission charges, and a minimum lot size requirement. Finally, the Crypto account caters to cryptocurrency traders, but features wider spreads (starting from 5 pips) and commission fees.
ATIORA offers leverage, a tool that can magnify both potential profits and losses. The leverage ratio varies depending on the account type. The Micro account, designed for beginners, offers the highest leverage of 1:1000. The Classic account reduces the leverage to 1:500, while the Pro account offers the lowest leverage of 1:100. A separate Crypto account has a unique leverage ratio of 1:3.
ATIORA utilizes floating spreads, meaning the difference between the buy and sell price for an instrument can fluctuate based on market conditions. For the Pro account, the average spread on the EUR/USD currency pair is advertised as 0.2 pips. While the Micro and Classic accounts avoid commission fees, the Pro account charges commissions alongside its tighter spreads. A separate commission structure applies to the Crypto account.
ATIORA offers the industry-standard MetaTrader 4 (MT4) platform for trade execution. MT4 boasts multiple analytical functions, including interactive real-time charts and 85 pre-installed technical indicators, allowing traders to analyze market movements and make informed decisions. Additionally, the platform offers MQL5 trading signals, potentially helpful for those seeking automated trading strategies. Security is also a consideration, with MT4 featuring a secure login process. For those who prefer mobile trading, ATIORA provides an MT4 mobile app compatible with iOS and Android devices.
ATIORA's Micro account boasts an ultra-low $1 minimum deposit, making it attractive to new traders or those starting small.The Classic and Crypto accounts require slightly higher minimums of $50 and $10 respectively, while the Pro account has a higher barrier to entry at $1,000.
For deposits, ATIORA offers a secure payment interface that accepts various methods including wire transfer,Visa/Mastercard, and digital wallets like Neteller and WebMoney. Processing times vary by method, with wire transfers taking up to 1 business day, credit cards taking several hours, and digital wallets often offering instant deposits.
The same payment methods are available for withdrawals, with a processing time of up to three business days. It's important to note that ATIORA charges a commission fee on withdrawals, typically around 3% for most methods.Additionally, there's a minimum withdrawal threshold of $10.
ATIORA's fee structure varies depending on the chosen account type. The Pro account offers the tightest spreads, starting from 0.05 pips on the EUR/USD pair, but comes with a commission fee of $100 per million traded. This structure may be suitable for experienced traders seeking lower transaction costs through high volume trading. The Crypto account offers wider spreads (from 5 pips) alongside a 0.15% commission on trades.
For beginners or those seeking a commission-free experience, ATIORA provides accounts with spreads starting at 3 pips. However, our review suggests these commission-free spreads are less competitive compared to other brokers. An additional cost to consider is the overnight interest fee for holding positions overnight. However, ATIORA offers an Islamic-friendly account that waives this fee for those adhering to Sharia law.
ATIORA offers a live chat team for online support. However, our review was not able to reach an agent using this function. Clients can also use the following channels:
Telephone: +44 8000 988085
Email: support@ATIORA.com (available 25/7 in six languages)
Skype: ATIORA.support
ATIORA offers a tempting combination of features for traders, including a user-friendly platform (MT4), a diverse selection of instruments (forex, commodities, indices, cryptocurrencies), and low minimum deposits (especially the $1 Micro account).
However, these advantages are overshadowed by a major red flag – their lack of regulation by a major financial authority. St. Vincent and the Grenadines, where ATIORA is registered, is known for lax oversight, raising concerns about the safety of client funds.
Question 1: | Is ATIORA regulated? |
Answer 1: | No. It has been verified that this broker currently has no valid regulation. |
Question 2: | Does ATIORA offer demo accounts? |
Answer 2: | Yes. |
Question 3: | Does ATIORA offer the industry leading MT4 & MT5? |
Answer 3: | Yes. ATIORA offers MT4 compatible with Android and iOS system. |
Question 4: | What is the minimum deposit for ATIORA? |
Answer 4: | The minimum initial deposit to open an account is $1. |
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.
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