GENERAL INFORMATION
Atlas Forex Is A Brokerage Company Located In China That Provides Trading Services In The Forex And Cryptocurrency Markets. Established In 2008 And Operates Without Regulation By Recognized Authorities. The Company Offers Three Types Of Trading Accounts, Namely Mt4 Ordinary Account, Mt4 Crypto Account And Dctrader Account, Catering To Traders With Different Preferences. The Trading Platforms Offered By Atlas Forex Include Metatrader 4 (mt4) And Dctrader, Which Provide A Range Of Tools And Functions For Technical Analysis And Trade Execution. Traders Can Choose From A Wide Range Of Tradable Assets, Including Fiat Currencies And Cryptocurrencies. The Minimum Deposit Requirement Is $100 And The Leverage Offered Ranges From A Maximum Of 1,000 Times For Mt4 Accounts To A Maximum Of 20 Times For Dctrader Accounts. It Is Important To Note The Lack Of Regulation In Atlas Forex, Which Should Be Taken Into Account When Assessing The Risks Associated With Trading With A Broker.
Pros And Cons
Atlas Forex Offers Traders A Number Of Advantages, Such As A Wide Range Of Trading Accounts Tailored To Different Preferences, Both Traditional And Cryptocurrency Accounts. The Availability Of Popular Trading Platforms Such As Metatrader 4 (mt4) Provides Access To Comprehensive Analytical Tools And Efficient Trade Execution. The Company Also Supports A Variety Of Payment Methods For Easy Deposit And Withdrawal. On The Downside, A Significant Issue Is The Lack Of Regulation, Which Can Raise Questions About The Safety And Transparency Of Brokerage Operations. In Addition, The Lack Of Regulation Means That Traders Do Not Have Access To The Same Level Of Protection And Recourse As Regulated Brokers. Prospective Traders Must Carefully Consider These Pros And Cons Before Engaging Atlas Forex.
Regulatory Information
Based On The Information You Have Provided, It Appears That Atlas Forex Is Not Regulated By Any Recognized Regulatory Body. This Lack Of Regulation Should Be Taken Into Account When Considering The Risks Associated With Trading Atlas Forex. It Is Important To Note That Trading With An Unregulated Broker Comes With Certain Risks, As Traders May Not Be Supervised Or Protected In The Event Of Any Disputes Or Problems.
Account Types
AtlasForex Offers Three Types Of Trading Accounts: MT4 Regular Account, MT4 Crypto Account, And DCTrader Account.
MT4 Regular Account The MT4 Regular Account Is Designed For Trading Fiat Currencies. It Allows Unlimited Access To The Popular MetaTrader 4 Platform, Expert Advisors (EAs), And Follower Systems. The Account Is Denominated In USD And Offers Up To 1,000 Transactions. Traders Can Start With A Minimum Initial Margin Of $100 And Do Not Charge Trading Commissions. There Are No Specific Usage Restrictions On This Account And Traders Can Trade A Variety Of Currency Pairs Including XAUUSD (Gold) And XAGUSD (Silver).
MT4 Crypto Account The MT4 Crypto Account Is Also Denominated In USD And Is Suitable For Traders Who Want To Trade Both Fiat And Cryptocurrencies. It Offers Similar Features To The MT4 Regular Account, Including Access To MetaTrader 4, EA And The Follower System. The Leverage Provided Is Up To 20 Times And The Minimum Initial Margin Is Also $100. No Commission Is Charged And There Are No Specific Usage Restrictions. In Addition To Fiat Currencies Such As XAUUSD And XAGUSD, Traders Can Also Trade BTCUSD (Bitcoin) And ETHUSD (Ethereum) On This Account.
DCTRADER ACCOUNT The DCTrader Account Is Designed Specifically For Trading Cryptocurrencies. It Is Denominated In USD And Offers Up To 20 Reps. Traders Can Start With A Minimum Initial Margin Of $100 And Receive No Commission. However, Unlike The Other Two Account Types, The DCTrader Account Does Not Support The Use Of Expert Advisors (EAs). Traders Using This Account Can Trade BTCUSD, ETHUSD And XRPUSD (Ripple) Currency Pairs.
Leverage
When It Comes To Trading Leverage, The Highest Level Atlas Forex Offers Is Quite Generous, Up To 500:1. Keep In Mind That Leverage Can Amplify Gains And Losses, And Excessive Leverage Is Not Recommended For Inexperienced Traders.
Spreads And CommissionsAtlas Forex Follows A Pricing Model In Which Bid-ask Spreads Vary According To The Volume And Liquidity Of A Currency Pair. Spreads Are Usually Smaller For Currencies With Higher Volumes Compared To Those With Lower Volumes. This Is Because Higher Liquidity Allows For Tighter Bid-ask Spreads. Conversely, Currencies That Trade Less Frequently May Have Larger Spreads, As Brokers Typically Require More Compensation To Process These Transactions.
AtlasForex Applies A Different Commission For Its Withdrawal Method. When Using The Overseas Money Transfer Option, The Commission Is $35. This Means That For Each Withdrawal Transaction, $35 Will Be Deducted From The Withdrawal Amount.
For PayWallet Transfers, The Commission Is $3 Per Withdrawal. The Minimum Withdrawal Amount For This Method Is Set At $10, Which Means That You Need To Withdraw At Least $10 To Use This Option.
In The Case Of Bitcoin And Ethereum Transfers, A Commission Of 3% Is Applied To The Withdrawal Amount. The Percentage Will Be Deducted From The Bitcoin Or Ethereum Funds Withdrawn.
Trading Platform Available
Atlas Forex Offers Its Clients Two Trading Platforms: Mt4 (metatrader 4) And Dctrader.
AtlasForex Offers The MT4 Platform That Offers Competitive Trading Conditions And Convenience. It Is A Widely Recognized And Popular Trading Platform In The Forex Industry. With MT4, Traders Can Use A Range Of Features And Tools For Technical Analysis, Charting And Trade Execution. The Platform Is Available For Desktop Installation And Is Particularly Suitable For Windows Operating Systems. In Addition, There Is A Mobile Version Of MT4 For IPhone And Android Devices, As Well As A Tablet Version For IOS And Android. This Allows Traders To Trade Flexibly Anytime, Anywhere, Without Being Limited By A Specific Location.
DCTrader:
AtlasForex Also Offers A DCTrader Platform Designed Specifically For Trading Cryptocurrencies. The Platform Distinguishes AtlasForex From Other Brokers, As It Provides A Dedicated Platform For Cryptocurrency Trading. DCTrader Offers A User-friendly Interface And Basic Features For Trading Cryptocurrencies. It Is Compatible With Desktop And Mobile Devices, Allowing Traders To Conveniently Access The Platform And Trade Cryptocurrencies. Similar To MT4, The Mobile Version Of DCTrader Ensures That Traders Can Access The Platform And Execute Trades Anytime, Anywhere.
Whether A Trader Is A Beginner Or An Experienced User, Atlas Forex Offers Both Platforms To Suit Their Trading Needs And Preferences. The Availability Of Mt4 And Dctrader Ensures That Traders Can Choose A Platform That Suits Their Trading Style And Preferences.
Deposits And Withdrawals
AtlasForex Offers Its Clients A Variety Of Deposit And Withdrawal Methods. The Following Is A Summary Of The Deposit And Withdrawal Process, Including Deposit Fees, Minimum Withdrawal Amounts, And Payment Methods:
Deposit Methods:
1. Bank Transfer: Fill Out The "Deposit Form" On The Website, Receive The Remittance Information Through The "Messages" Section Of My Page, And Attach The Transfer Statement Picture Information. Minimum Deposit Amount: Equivalent To $100.
2. Overseas Chinese Transfer: Apply Through The "Deposit Form" Section Of My Page, Receive The Remittance Information Through The "Messages" Section, And Wait For Payment Confirmation. Minimum Deposit Amount: $100. Reflection Time: 7-10 Business Days.
3. Transfer Between Payment Wallets: Use My Page "Deposit Form" To Apply, Receive Money Transfer Information Through The Message Section, And Wait For Payment Confirmation. Minimum Deposit Amount: $10.
Withdrawal Method:
1. Remittance: Apply For A Withdrawal On The "Withdrawal Note" On My Page, Wait For The Withdrawal Procedure To Be Completed, And Receive A Completion Notification. Minimum Withdrawal Amount: $100. Reflection Time: 7-10 Business Days.
2. Payment Wallet Transfer: Apply For A Withdrawal On My Page "Withdrawal Note", Wait For The Withdrawal Procedure To Be Completed, And Receive A Completion Notification. Minimum Withdrawal Amount: $10.
3. Bitcoin And Ethereum Transfers: Submit A Withdrawal Request Through The "Withdrawal Slip" On My Page, Wait For The Withdrawal Procedures To Be Completed, And Receive A Notification Of Completion. Minimum Withdrawal Amount: 0.01 Bitcoin Or 0.01 Ether.
It Is Important To Note That Commissions May Be Charged For Certain Withdrawal Methods, Such As $35 For Overseas Remittance Withdrawals. Withdrawals Are Usually Reflected From The Same Day To One Business Day.
Trading HoursAtlas Forex Operates At Trading Hours That Allow Online Trading, 24 Hours A Day, Starting At 22:00 UTC On Sundays And Ending At 22:00 GMT On Fridays. It Is Important To Note That These Times Are Subject To Adjustments To Our Daylight Saving Time And The Specific Dates Of These Adjustments May Vary. Atlas Forex Will Notify In Advance Of Any Changes, So It Is Recommended To Stay Updated Through Their Notifications.
The Forex Market Itself Has A Reputation For Being Active 24/7 And Has Earned A Reputation As A "no Night Market". It Operates Continuously As Trading Hours Shift Between Major Financial Centres Such As Sydney, Tokyo, London And New York.
For Traders Looking To Optimise Their Trading Activity, It May Be Helpful To Keep In Mind The Market Opening Hours In The Major Regions. The Sydney Market Tends To Be From 20:00 To 22:00 UTC And Focuses On The AUD And NZ Dollar Pairs. The Tokyo Market Is From 22:00 To 6:00 UTC And Focuses On Currency Pairs Related To The Japanese Yen. The Activity In The London Market Is From 8:00 To 16:00 UTC And Particularly Affects The EUR And GBP Currency Pairs. Finally, The New York Market Is From 13:00 To 20:00 UTC And Focuses On Currency Pairs Related To The US Dollar.
The Trading Hours Of Atlas Forex During The Period, Coincide With The Above 24 Hours, And You Can Trade Through Their Dedicated Platform. Be Sure To Note That It Is Not Possible To Place Orders Outside Of These Trading Hours, But You Can Still Access Account-related Information Such As Balances And Trading History. It Is Recommended To Place Stop Loss Orders For Each Trade To Manage Latent Risk During Disconnection Or Communication Interruption.
Customer Support
AtlasForex Emphasizes The Importance Of Customer Support And Strives To Provide A Positive Trading Experience For Both Beginners And Experienced Traders. They Offer Customer Support In Multiple Languages Including English, Chinese And Japanese To Cater For Different Types Of Clients.
The Customer Support Team Is Located In Support Centers In China And The Philippines. The Staff Is Fluent In Chinese, Japanese And Other South East Asia Languages. This Ensures That Clients Can Communicate Comfortably In Their Preferred Language.
Support Can Be Contacted Via Chat Or Email To Allow Customers To Choose The Method That Works Best For Them. The Support Team Works From 10:00 To 18:00 On Weekdays. Inquiries Are Processed In The Order In Which They Are Received, And While Response Times May Vary Depending On The Nature Of The Query, AtlasForex Aims To Provide A Response Within 24 Hours On Weekdays.
For Any Questions Or Concerns, Customers Can Contact Support Via The Email Address Support@atforex-markets.com Provided.
