ATOM8 BROKER REVIEW
Description
Former JP Morgan Lawyer David Andrews founded it in 2013. Atom8 is a London ECN broker that provides spread betting, FX and CFD through its proprietary platform and popular MT4. The covered financial instruments cover over 52 currency pairs and metals.
The Australian Vantage Global Prime Group acquired Atom8 Financial Services LLP in October 2017, and it supports the Vantage FX brokerage brand. A British company authorized and governed by the Financial Conduct Authority (FCA).
The FCA regulation is popular for the strict rules and supervision that it applies. To obtain a license from a UK financial regulator, brokers must prove financial stability and meet some requirements.
For example, customer funds are stored in separate bank accounts, and according to the Atom8 website, customer funds are stored in different accounts with the Barclays corporate bank. Besides, brokers based in the United Kingdom must have a minimum of EUR 730,000 to prove their financial stability. Similar minimum capital requirements apply in other jurisdictions. Cyprus brokerage houses should have 1 million euros, and Australian must have at least 1 million USD.
Additional information
Specification: ATOM8 BROKER REVIEW
| Islamic Account | |
|---|---|
| Standard Acc | |
| Minimum Acc | |
| ECN Acc | |
| VIP Acc | |
| Trading Account | |
| Pro Account | |
| Standard Account: | |
| Mini Account: | |
| ECN Account: | |
| VIP Account: | |
| Pro for Trading Account | |
| Pro for Pro Account | |
| Commission | |
| Commission Fees | |
| Spread Type | |
| Spread on EURUSD on Standard account: | |
| Spread on EURUSD on a Mini account: | |
| Spread on EURUSD on ECN account: | |
| Spread on EUR-USD on Trading Account | |
| Spread on EUR-USD on Pro Acc | |
| Maximum Leverage for a Standard account: | |
| Maximum Leverage for Mini Account: | |
| Maximum Leverage for an ECN account: | |
| Maximum Leverage for a VIP account: | |
| Maximum Leverage for Trading account: | |
| Maximum Leverage for Pro Account | |
| DEPOSIT OPTIONS | Bankwire, Check, Credit Card, DebitCard, FASTERPAYMENTS, SEPA |
| WITHDRAWAL OPTIONS | Bankwire, Check, Credit Card, Debit Card, FASTERPAYMENTS, SEPA |
| ANDROID | |
| IOS | |
| WEB TRADER | |
| Affiliate Programs | |
| MAM/ PAMM solutions For Fund Managers: | |
| Accepted Countries | |
| REGULATIONS | YES – FCA – Vantage Global Prime LLP is authorised and regulated by the Financial Conduct Authority. FRN: 590299. Atom8 is a trading name of Vantage Global Prime LLP (Company No. OC376560) having its registered office at Birchin Court, 20 Birchin Lane, London EC3V 9DU. |
| AWARDS | NO |
| CONTACT & SUPPORT |
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