AtlanticFX Review

AtlanticFX Review by professional Forex trading experts the “ForexSQ” FX trading team, Finding out everything you need to know about the broker is in this AtlanticFX Review.

AtlanticFX Review

AtlanticFX (out of business) is an offshore broker. Your money is not safe.
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Headquarters: Office B1804 B Tower, Torre de Las Americas, Punta Pacifica

Country: Panama

Regulated by: N/A

Account Info:

minimum deposit: $250

minimum lot size: 1k

max leverage: 1:400

Spread:

Variable, from 1 pip

Deposit/Withdraw

Credit card, MoneyBookers, WebMoney

Platform:

Act Trader, Metatrader, UniTrader, Currenex

What we think about AtlanticFX (out of business)

Atlantic FX is a company acting as an introducing broker to Boston Merchant Financial (BMFN) but along with BMFN’s UniTrader platform, Atlantic FX offers Metatrader 4 (MT4), ActTrader and the Currenex trading platforms.

There’s no point of beating around the bush so let us tell you straight away: except for the forex platform choice, this is one broker that won’t offer anything special. There’s a single account type which requires a reasonable initial investment of $250; there’s 37 currency pairs available for trading; the spreads are low – the advertised typical spread on EUR/USD is 1.2 and even when you add the broker’s commission of 0.5 pips per lot to the equation, things don’t get too ugly; there’s a zero margin requirement for hedging positions; and that’s about it.

The one thing we don’t particularly like about this broker is the fact that it is unregulated – and there’s plenty of other brokerages out there that offer similar and better trading conditions with the security of licensed and regulated operations. If we had to choose a broker right now, Atlantic FX wouldn’t be our first choice – or our second.