Home » Atamarketsint Review – Atamarketsint.com Scam Warning

Atamarketsint Review – Atamarketsint.com Scam Warning

Atamarketsint.com Scam Warning

The application for Atamarketsint is very bland and appears like every other run of the broker’s mill. To decide how safe it is to interact with this broker, we look at some main characteristics.

Atamarketsint.com Scam Warning

Income Mentor Box

Legality and security of funds Atamarketsint

The first thing that we usually do is check that the broker is accredited and legit. As the company’s address is seen to be in London, UK, in this jurisdiction, we examine the Financial Conduct Authority that controls forex brokers. Atamarketsint is not on the registry, as you can see from the picture below, which is ample evidence that this broker is non-legit, non-licensed and is potentially a fraud.

In order to get certified, licenced brokers in the UK must jump through several hoops. First of all, they must have an initial capital of not less than EUR 730,000, record their purchases on a regular basis and retain different consumer accounts in Tier 1 bank establishments. There are steps that aim to deter scammers from infiltrating the ranks of licenced brokers, among other items.

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But it’s not like that. Registered brokers in the UK may also withhold funds from the local Financial Services Reimbursement Program, from which up to GBP 85,000 an individual in the event of bankruptcy may be refunded to their customers. There are also other conditions that we will cover later on that will show you that they are not fulfilled by Atamarketsint.

So, you know what to check for if you want to pick a forex broker from the UK to deal with. There are several options that you may explore: the EU, US and Australian jurisdictions often provide forex traders with good conditions. In the EU, the conditions that must be fulfilled by licenced brokers are identical to those in the UK, with the addition that CySec-regulated brokers donate to the local Investor Protection Fund and if the broker becomes insolvent, up to EUR 20,000 will be reimbursed to their customers.

Forex traders must be well-capitalized in the US and Australia to secure their consumers should unfavourable incidents arise, since there are no payout programmes. However any trader can be confident that his/her money will not be wasted by needing to have an additional funding of $20 million in the US and 1 million AUD in Australia.

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Atamarketsint Trading Platform

Atamarketsint is a forex broker that deals in forex, indices and metals. The forum for trading that traders should use is MT 4. Unfortunately, we have not been able to open the portal after registering a live account due to broken links on the website of this organisation. About that on this forum, we can still have some important knowledge about trading. If you look at the details for the account forms, you can find that for each account you will see the spread.

We notice that the spread will start at 3 pips for the Mini account. This spread is too large which ensures that trading costs will still be high, and in the long term, traders will not be able to make a reasonable profit. If you want to equate it with other brokers, please notice that the market average is 1.5 pips. The high leverage that can exceed 1:400 is also knowledge that does not bode well for the protection of your funds. High leverage can appear to amplify your benefit capacity, but it also raises the vulnerability of your funds to risk, on the other side.

It is not by accident because there is a leverage limit in the UK that the EU and it can not reach 1:30 and it can not go past 1:50 in the US. There are the other security mechanisms that have been placed in order to safeguard the capital of merchants and reduce the possibility of conducting dangerous trades that can contribute to a major financial loss.

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A couple words regarding the MetaTrader 4 site for trading. It will be an outstanding option if presented by a licenced broker, since this site is one of the forex world’s leading and most brokers swear by it. It comes fitted with an impressive package of trading software and tools, including a range of charting options, metrics for technical research, auto trading options, customs script code base, trading signals, VPS, smartphone business, etc. Using such a forum truly increases the experience of traders and allows it to forecast the potential course of exchange rates and to make a profit.

Deposit/Withdrawal approaches Atamarketsint

The customers of Atamarketsint have an option between 4 Micro, Regular, ECN Pro and Crypto Pro trading accounts. For the Mini account, the minimum initial investment is $100. The deposit for the Regular and Crypto Pro accounts is $1,000, and $5,000 for the ECN Pro accounts.

Bank transfer, credit card, Skrill, Neteller, Paysafecard, Quick Switch, Sofort, Cashu and Neosurf deposit strategies. There are no deposit costs and funds are exchanged within an hour, with the exception of money transactions that will require between 3 and 5 business days.

$50 is the minimum withdrawal sum.

Unfortunately, on this company’s page, the Terms and Conditions statement is incomplete, so we are not able to include some more details concerning inactive accounts or whether any benefits are provided by the broker.

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