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Overall Score: 6.2/10
Total Votes: 35
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ATC Brokers Discussion
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stongbar

Member Since Dec 02, 2010  9 posts stongbar Dec 02 2010 at 20:26
Hello. Say me please ATC have instant executing or market? Thank you.

ttfx

Member Since May 30, 2010  23 posts Tom (ttfx) Dec 04 2010 at 18:41 (edited Dec 04 2010 at 18:42 )
stongbar posted:
    Hello. Say me please ATC have instant executing or market? Thank you.

Instant execution. You can control slippage and place market orders along with stop and target levels. But ATC doesn't quote the prices as market makers do, they use STP to process the order via ECN to the market. Their LP is FXCM so I guess your orders get matched with 1) banks connected to FXCM liquidity pool and 2) clients of ATC, FXCM and maybe even Deutsche Bank retail (dbfx.com). But the last is my speculation only.

I'm trading live with them for a short period of time to make ultimate judgements but I have made almost 200 trades with market orders already and the execution is really awesome; I have slippage set to 1 pip (yes, one pip) and I was filled on ALL the orders almost immediately (within a second); no 'requotes' - I think they don't have requotes implemented at all. Everything ATC does seems to be focused on speed. You have to qualify before getting your real account allowed to trade; the qualification procedure includes setting the MT4 bar count (chart/history) to lower than default figures, turning of the feed for unused currency pairs, MQL compliance requirements for EAs (they don't allow for more than 1 request per second) and a speed test of your internet connection.

Have to make a correction to my former post here; the commission is ALWAYS $8 standard lot RT, regardless of currency pair.

trading
datring

Member Since Jul 20, 2010  7 posts datring Feb 13 2011 at 05:14
I'm with them since Oct 2010, and very pleased so far. I'm trading several EAs, that did about 500 trades so far. Slippage exists, but about half the times is in my favor, which would be my expectation from a true ECN broker.

Adding and withdrawing money takes at least 1 day, typically 2. I'm now exploring the option to move my IRA accounts to them, which is a great option for those living in the US.

All in all, I'm happy I found ATC Brokers, and looking to increase my funds with them.

Whether You Believe You Can, or You Can't, You Are Right! ~ Henry Ford
alameri_s

Member Since Aug 26, 2010  5 posts alameri_s Feb 17 2011 at 18:03
i trade with ATC brokers since APRIL-2010 they are the best in spread, order execution, money withdraw, customer service. i am gaining and losing but by my hand . thanks ATC brokers

stongbar

Member Since Dec 02, 2010  9 posts stongbar Feb 18 2011 at 06:47
Hi. All. Why can give me account for try executing for 5 minutes only ?
I try demo with ATC brokers - VERY GOOD.
I have very good EA for this broker.

mistificator

Member Since Aug 16, 2010  446 posts Misty (ObeliskFX) (mistificator) Feb 18 2011 at 08:07
BTW, those slippage control barely work - I had an account there and was slipped a lot despite having smaller max deviation set. Their answer was: if the order was filled within 2 seconds (ages in ecn world), the fill considered legitimate despite slippage. It is in my opinion just an IB to FXCM UK with a home-made MT4 bridge to FXCM platform and it seems it is run from some shed, as you won't get support outside of Pasific time hours, any request takes at least 24 hours to reply, and in general it is pretty weird. There are better choices out there.

Was mich nicht umbringt, macht mich stärker.
cla4ss

Member Since Oct 09, 2009  9 posts Claus (cla4ss) May 02 2011 at 14:51 (edited May 02 2011 at 14:52 )
ATC is BAD for Demo trading. I used it since 2009 and now they blocked my account without any notification.

bc_of_hh

Member Since Oct 27, 2009  2 posts Marijus (bc_of_hh) Jul 29 2011 at 15:49
As RED TORPEDO mentioned they are JUST an IB to FXCM. So You should ask Yourself: why You should trade with ATC when You could trade and deal all Your money transfers with FXCM directly? You will save some headaches, believe me...

NextLevelForex

Member Since Apr 25, 2011  206 posts Remus Miclea (NextLevelForex) Aug 04 2011 at 06:20
I have an account at ATC Brokers since about 1 year ago, and recently crossed the 2,000 trades mark. I get slippage both ways, and fills are better than my MB Trading account, which I prefer when I want to trade microlots, like when testing out new EAs.

My rating is: Platform: 10 (has features I did not find in other MT4 platforms, like the new one-click-tradng add-on, which you can configure to automatically set bracket orders; plus they are ok with hedging, since the backend reports the net orders), Pricing: 7, Customer Service: 10 (they were always prompt to address any questions or issues), Features: 8.

Yes, ATC Brokers uses FXCM backend, and I don't have a problem with that. My money transfers are with FXCM directly, so I don't know what the previous person talked about (probably he does not have a live account there).

Adding and withdrawing funds takes 1-2 days. There is problem with that, which they acknowledged and says are working to fix it. At times I had to contact the ATC support to trigger a MT4 balance update, since the FXCM backend showed funds arrived, but MT4 did not have the funds yet. But when I contacted them, they took care of that on the spot. And it happened both ways: after a recent withdrawal I have money in my bank and they still show in my MT4 account.

Overall, my final measure is profitability: I trade the same EAs in multiple brokers, and ATC has better results that all others. As a result, it's my broker of choice, whenever I trade with minilots and higher (while for microlots, I use MB Trading).

He who thinks he can, and he who thinks he cannot, are both right. ~ Henry Ford
trader757

Member Since Jun 12, 2011  27 posts trader757 Aug 14 2011 at 17:39
Anyone knows if ATC broker, do rebates if using an introducing affiliate?

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