Who is our broker?
Selection of brokerage is as important as choosing the trader. Brokerages holds clients money and executes all trades so it’s essential it meets industry standards. In our past we have worked with numerous major forex brokers and based on our experience we have chosen to work with ATC Brokers.
ATC BROKERS LTD. is a premier brokerage firm providing online trading solutions within the foreign exchange industry to clients ranging from retail traders to institutional clients. Established in the United States in 2005 where it’s regulated by NFA & CFTC. ATC launched its UK brokerage entity in 2014 by registering with the Financial Conduct Authority (FCA) so it’s fully regulated and able to provide investment services in all EU member states.
Safety of Funds
The Financial Conduct Authority (FCA) mandates firms to conduct their business under strict regulations. ATC BROKERS LTD. is obligated to segregate the money that retail clients deposit in order to prevent the use of client funds by the firm for its own account. ATC ensures that additional measures are taken to guarantee clients money is held in a separate account away from any accounts belonging to the firm. In the unlikely event of a default, the segregation of clients funds will return the money to the clients rather than be treated as a recoverable asset by general creditors of ATC.
ATC Brokers uses Barclays bank where it holds clients funds. The account can be denominated in USD, EUR and GBP.
We have chosen ATC Brokers because it’s a company with the history and we had very positive experience with them. Brokerage has built a great reputation and is known well for it’s outstanding customer service. In terms of trading it offers true ECN environment, very fast order execution, it has one of the tightest spreads and the lowest commissions currently available on the market. ATC also adheres to strict regulation principles, it’s regulated by three most respected regulators in the world today (NFA, CFTC, FCA). Another reason why we have chosen this brokerage is they have built customized technology and trading solution for us exactly as we needed.