One of the leading signs of an Atlas Trading scam is a lack of legal details, such as addresses, founders, legal entity names, etc. However, this firm claims to have been in the business since 2005. If that’s true, they could hear from somebody that the approach doesn’t work.
Anyway, these are just a few of the numerous irregularities you can see. We’ll reveal them all in this unbiased Atlas Trading review.
| Regulated by: | No regulations |
| Is This Company Safe? | No |
| Known Websites: | Atlas-trading.io |
| Have Warnings from: | N/A |
| Registered in: | N/a |
| Operating since: | 2023 |
| Trading Platforms: | WebTrader |
| Maximum Leverage: | 1:300 |
| Minimum Deposit: | $5.000 |
| Deposit Bonus: | N/A |
| Trading Assets: | Cryptocurrencies, forex, commodities, shares, indices |
| Free Demo Account: | Not available |
| How to Withdraw from This Company? | Since the company is absolutely anonymous and doesn’t have any credibility or licenses, traders can’t expect clean withdrawals. If you experience any issues along the way, reach our refund specialists for detailed guidance on how to recover your funds. |
Legal info: Is Atlas Trading Legit or A Scam?
One of the most important things in trading is licenses, primarily because they ensure transparency from the broker and protection for traders. However, not all licenses bring equal security to clients. That’s why traders should opt for tier-1 regulated brokers, such as ones who have FCA, BaFin, ASIC, or similar.
Unfortunately, this broker doesn’t have any. Especially not the most trusted ones. Consequently, all their statements about potential security fall down the drain.
Who are Atlas Trading’s Victims?
We mentioned that the broker claims they have been operating since 2005. Thus, the company’s domain age shows us a different story. Additionally, we would see many more Atlas Trading reviews if they had been around for so long. But that’s not the case, there’s only one comment on Trustpilot.
To understand better who the victims of this broker are, we are checking their website traffic. That can easily show you where the company is mainly advertised. Those countries are:
- Croatia
- Slovenia
- Bosnia & Herzegovina
- Italy
If you become a victim of this broker, keep in mind our refund experts are available for consultation. Get your first free meeting right away and recover the money lost in this scam.
Leverage, Commissions, Spreads, Fees and Taxes
Another reason not to trust Atlas Trading broker is their trading conditions. Or, to be precise, the lack of transparency. Fees, commissions, and spreads remain unknown until you start trading with them.
Yet, it’s too late to back out once you realize how much it will cost you. Especially since the company offers leverage of up to 1:300, your balance can be wiped off in the blink of an eye. Believe it or not, they can make it so.
To avoid similar brokers, we also invite you to read our Pegsec and Wise Income reviews.
Bonuses
Another trap Atlas Trading Forex firm could be using is welcome bonuses. Even though they don’t reveal any potential offers, don’t be surprised if you get some. After all, they are hiding legal documents for a reason.
Atlas Trading Trading Features
The only feature worth mentioning with this company is social trading. However, the problem with that is a lack of credibility of those. With unregulated brokers, it’s all potentially fake. Especially since they claim to have an award-winning platform, while web traders are hardly that good.
Trading Platforms Available
After you register for an Atlas Trading account, you will realize they don’t offer any trusted software. Firstly, it’s not widely used third-party software, such as cTrader or Meta Trader. Secondly, the platform doesn’t have a downloadable app.
So, the only thing left is a proprietary web-based platform with zero trust score primarily because those platforms are easily manipulated.
Available Trading Assets
Another detail that can decide if you will choose some broker is their offer of instruments. If it’s good and you have many options, it’s usually a sign to stay with them. But only if they are regulated properly.
Anyway, if you stay with this broker, you can trade:
- Forex – USD/EUR, AUD/SGD
- Commodities – gold, platinum
- Shares – Alibaba, Amazon
- Indices – CAC40, FTSE100
- Cryptos – ETH, LTC
Account Types
When it comes to account types, it looks like you need at least $5.000 to get started. However, these swindlers will often accept anything above $250. Their primary goal is to get traders on board.
After that, they will offer a wide range of fictive features to make traders deposit more. Such as discounts on fees, webinars, risk-free trades, assistants, etc. Thus, for these features, you’ll have to pay:
- Bronze – $5.000
- Silver – $15.000
- Gold – $50.000
- Platinum – $100.000
- Diamond – $250.000
- Premium – $500.000
- VIP – $1M+
Mobile Trading App
In general, with the missing Atlas Trading app for iOS and Android devices, there’s no sense to trust this broker. After all, in allegedly 19 years of existence, they could make it 10 times already. But yes, they are trading only for a couple of months, at least with this trading name.
Demo Account
Unfortunately, completing the Atlas Trading login procedure won’t give you access to a demo account. Therefore, testing fees, commissions, and spreads are not an option.
Education
Apparently, traders have included educational material through all account types. Offer includes materials such as VODs, e-books, and even webinars. But without a license, can you truly trust it? Definitely not.
Atlas Trading Withdrawal
The key point with this firm is the Atlas Trading withdrawal procedure. The whole trading part is meaningless if traders can’t withdraw their money.
Yet, when a company hides withdrawal policy, methods, and fees, it’s clear what traders can expect. But even if they have it transparent, keep in mind they are not a regulated company. Consequently, they don’t have to comply with those details.
Customer Support
More disappointment traders can go through if they try reaching out to this brokerage. With the absence of some more legitimate contact options, traders can’t expect a quick response from the company especially if they are looking for withdrawal assistance. In any case, the only contact option with this firm is a web contact form.
Key Information To Consider About Atlas Trading
Every bit of detail with this broker is suspicious. Starting with the founding date, platform, conditions, and, most importantly, withdrawals. Therefore, we suggest you withdraw your money on time.
In case of any trouble, keep in mind you can book a consultation with our experts at any time. Once you find out what your refund options are, you will know exactly what the next necessary step is. Even if you were sending cryptos, we’ve got you covered with CipherTrace. Therefore, don’t waste time, and contact us today!
FAQ Section
What is Atlas Trading?
Atlas Trading is a trading firm that presents itself as a 19-year-old business that offers FX and CFD trading services, yet without regulations.
Is Atlas Trading Legit?
Absolutely not. All details coming from this broker are misleading and without trusted licenses, nothing can be trusted with them.
How to Get Money Back From a Scam Broker?
Since withdrawals are highly questionable, at first sight of a withdrawal issue contact our refund experts for alternative options of getting your funds back.
Source:
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