ATIORA Forex Broker

Atiora Forex Broker - Complete Information Guide

1. Broker Overview

Atiora, officially known as Atiora Ltd, was established in 2015. The company is headquartered in Saint Vincent and the Grenadines, a location recognized for its offshore financial activities. Atiora operates as a private entity, providing a range of trading services primarily focused on the retail forex market.

The broker aims to cater to a diverse clientele, including both novice and experienced traders. Over the years, Atiora has made significant strides in the forex market, establishing its presence and expanding its offerings. The companys development has been marked by its commitment to providing competitive trading conditions and innovative services, which have attracted a growing number of traders.

Atiora operates under a business model that emphasizes Electronic Communication Network (ECN) and Straight Through Processing (STP), allowing clients direct access to interbank liquidity. This model is designed to eliminate conflicts of interest and provide transparent trading experiences.

2. Regulatory and Compliance Information

Atiora is registered with the Financial Services Authority (FSA) in Saint Vincent and the Grenadines, holding the registration number 22938/10/15. While it claims to adhere to certain regulatory standards, it is important to note that the broker operates in a jurisdiction known for minimal regulatory oversight.

The company has established its legal presence through two entities:

• Atiora Ltd registered in Saint Vincent and the Grenadines
• Atiora Markets Ltd registered in Seychelles

Both jurisdictions do not require brokers to maintain client funds in segregated accounts or participate in investor compensation schemes, which raises concerns regarding fund safety.

Atiora implements Know Your Customer (KYC) and Anti-Money Laundering (AML) measures to ensure compliance with international standards. However, the effectiveness and enforcement of these measures may vary, given the offshore nature of its operations.

3. Trading Products and Services

Atiora offers a wide array of trading products, including over 60 forex currency pairs that encompass major, minor, and exotic pairs. Additionally, the broker provides access to various CFD products, including:

• Indices: Major global indices
• Commodities: Including oil and precious metals
• Cryptocurrencies: A selection of popular digital currencies

The broker regularly updates its product offerings, although specific details on the frequency of such updates are not disclosed. Atiora primarily focuses on retail trading services but also extends its offerings to institutional clients. The broker does not currently provide white-label solutions or dedicated asset management services.

4. Trading Platforms and Technology

Atiora supports the widely recognized MetaTrader 4 (MT4) platform, which is favored for its user-friendly interface and comprehensive trading tools. The broker also offers a web-based trading platform, providing flexibility for traders who prefer to operate without downloading software.

Mobile trading applications are available for both iOS and Android, ensuring that clients can manage their trades on the go. The broker operates under an ECN model, which facilitates direct market access and fast execution of trades, with transactions reportedly processed in as little as 0.05 seconds.

To accommodate advanced traders, Atiora supports API access and automated trading strategies, enhancing the trading experience for those utilizing algorithmic trading systems.

5. Account Types and Trading Conditions

Atiora provides several account types to meet the diverse needs of its clients:

• Standard Account: Requires a minimum deposit of $1, with floating spreads starting from 2.5 pips.
• ECN Standard Account: Requires a minimum deposit of $50, offering tighter spreads.
• ECN Pro Account: This account type features the lowest spreads starting from 0.2 pips, but incurs a commission of $8 per lot traded.
• Islamic Account: Available upon request, allowing Muslim traders to comply with Sharia law.

The leverage offered by Atiora varies by account type, with a maximum of 1:1000 available for the micro account. The minimum trade size is set at 0.01 lots, and the broker applies overnight fees according to its policies.

6. Fund Management

Atiora supports a variety of deposit methods, including:

• Bank Transfers
• Credit/Debit Cards
• E-wallets: Such as Skrill, Neteller, and WebMoney

The minimum deposit requirement varies by account type, starting from $1 for standard accounts. Deposit processing times are generally within one business day, and the broker does not charge any deposit fees.

For withdrawals, Atiora provides similar methods, but clients may incur fees ranging from 0.5% to 4% depending on the withdrawal method chosen. Processing times for withdrawals can take up to three days.

7. Customer Support and Educational Resources

Atiora offers customer support through multiple channels, including:

• Phone: +44 8000 988 085
• Email: support@atiora.com
• Live Chat: Available on their website

Support is provided 24/5, catering to a global audience with a focus on major languages including English, Chinese, and Russian. However, the availability of educational resources is limited, with no formal training programs or webinars offered.

The broker does provide market analysis tools, including economic calendars and trading calculators, to assist traders in making informed decisions.

8. Regional Coverage and Restrictions

Atiora primarily serves clients from regions such as Asia, Africa, and Europe, with a significant presence in emerging markets. However, it does not accept clients from the United States and other jurisdictions with stringent regulatory requirements.

The broker's operational model is tailored to accommodate a global clientele, but potential clients are advised to consider the regulatory landscape of their respective regions before engaging with the broker.

In conclusion, while Atiora presents itself as a competitive option in the forex market, prospective clients should exercise caution due to its offshore status and the associated risks. The Atiora broker offers a range of trading products and services, but the lack of robust regulatory oversight may pose a challenge for those seeking a fully secure trading environment.