Information
Trade Forex Review: Atiora – A Promising ECN Broker for Forex Traders
Founded in 2015, Atiora is a relatively new entrant in the world of Forex brokerage. In this comprehensive review, we will delve into the key aspects of Atiora, from its specializations to its account types and unique features.
Introduction to Atiora
Atiora is an ECN (Electronic Communication Network) broker that specializes in offering a wide range of trading services, including Forex, metals, CFDs, and indexes. One of its primary strengths lies in its utilization of Straight Through Processing (STP) technology, which facilitates seamless and rapid trade execution. Furthermore, Atiora collaborates with renowned liquidity providers such as UBS bank, BNP Paribas, Bank of America, Morgan Stanley, Nomura Bank, Barclays, GS, Deutsche Bank, JP Morgan, and Lucid Markets. This strategic partnership allows Atiora to offer some of the most favorable trading conditions in the industry.
Key Advantages of Atiora
1. Lightning-Fast Execution
Atiora boasts an impressive execution speed, with transactions processed in as little as 0.05 seconds. This rapid execution is a significant advantage, especially for day traders and scalpers who rely on quick market entries and exits.
2. Competitive Spreads
With spreads as low as 0.01 pips, Atiora offers its clients an attractive cost structure. Low spreads can potentially enhance a trader’s profitability, as they reduce the cost associated with each trade.
3. Accessibility
Atiora caters to traders of all levels, with a minimum investment requirement of just $50. Additionally, it provides leverage of 1:100, allowing traders to amplify their positions within their risk tolerance.
Regulatory Compliance
Atiora operates under two distinct entities, each regulated by a respective authority:
-
Atiora Limited: This subsidiary is licensed by the Saint Vincent and the Grenadines Financial Services Authority (SVGFSA) under license number 22938/10/15.
-
Atiora Markets Limited: Regulated by the Financial Services Commission (FSC) in the Seychelles, with license number 174731/11/15.
Services and Benefits
Atiora offers a wide array of services and benefits designed to cater to the diverse needs of traders:
1. Forex and CFD Trading
Atiora provides a comprehensive platform for trading both Forex and CFDs, allowing traders to access various markets from a single account.
2. PAMM Accounts
The PAMM (Percentage Allocation Management Module) service enables clients to invest in the strategies of experienced traders, potentially generating passive income.
3. “Proc-trading” Investment System
Experienced traders can take advantage of the “Proc-trading” system, gaining control of up to $200,000 in assets to manage.
4. Atiora Capital
This investment program offers opportunities for income generation by investing in professional traders associated with Atiora.
5. Loyalty Program
Atiora’s “Atiora Reward” program allows traders to accumulate points, which can later be redeemed for valuable rewards, enhancing the overall trading experience.
6. Trading Signals (MQL5)
Clients can access trading signals through the MQL5 platform, providing insights and strategies to inform their trading decisions.
7. Segregated Accounts
Atiora offers segregated accounts, which separate clients’ funds from the broker’s own funds, adding an extra layer of security to traders’ investments.
8. Insurance Coverage
Traders can benefit from insurance coverage of up to $50,000, providing added protection for their capital.
9. Trading Strategies
Atiora is accommodating to various trading strategies, including scalping, arbitrage, news trading, hedging transactions, and the use of trading advisors.
10. FIX API Trading
For advanced traders and algorithmic trading enthusiasts, Atiora supports FIX API trading, allowing for direct access to market data and execution.
11. Russian Language Support
Traders who prefer conducting business in Russian can comfortably do so with Atiora’s Russian language support.
12. Multi-Level Affiliate Program
Atiora offers a multi-level affiliate program, allowing traders to earn additional income by referring others to the platform.
Account Types
Atiora offers two main types of accounts:
-
STD ECN: This account type features spreads starting from 0.8 pips, catering to traders seeking competitive pricing.
-
ECN NMS: For traders who prioritize the narrowest spreads possible, the ECN NMS account offers spreads from 0.01 pips. However, it comes with a fee of $8 per lot traded.
In conclusion, Atiora presents a compelling option for Forex traders, offering competitive spreads, rapid trade execution, and a range of valuable services. It is essential for traders to carefully consider their trading goals and risk tolerance when selecting an account type. Atiora’s commitment to regulatory compliance and innovative offerings make it a broker worth exploring for both beginners and experienced traders in the Forex market.
