Should traders be aware of Atecs Capital fraud or is the broker legit?
Atecs Capital is a newly established CFD broker that offers trading CFDs on various cryptocurrencies such as Bitcoin, Ethereum, Ripple, Litecoin and many other cryptos. The broker offers its service to the worldwide audience and provides low spreads and commission free trading. Some of the advantages of the broker include its custom made trading platform specially created for cryptocurrency trading, leverage up to 1:20, wide range of trading instruments, payment methods, and trading account types. As the broker specializes in CFDs on cryptocurrencies customers are able to get exclusive cryptocurrency trading deals and hence, Atecs Capital rating is rapidly increasing among the traders.
Atecs Capital overview
The company behind Atecs Capital is Altos Group Ltd, which is registered in the Commonwealth of Dominica. The broker offers its services to the traders all around the world except the residents of the United States. Since Atecs Capital was just established as it was founded in 2019 there are many doubts about it. Traders are very alarmed by the number of brokerages appearing almost daily and always look at the new ones with suspicious. Hence, there are thoughts about Atecs Capital fraud. The main reason behind it is that the offerings that one might see on the front page of the broker’s website seem to be too good for some traders. However, while reviewing the features of the broker we did not find any suspicious sign that would indicate the wrongdoing of the broker. Let’s see what are the conditions of trading with Atecs Capital and if the broker truly delivers as good service as it claims.
Trading conditions with Atecs Capital
Atecs Capital offers up to 40 cryptocurrency pairs for trading. Traders have the possibility to choose the trading assets from the most popular cryptocurrencies such as Bitcoin, Ripple, Ethereum. Besides them, the broker also offers Monero, NXT, OmiseGo, and many others. One can trade the majority of the cryptocurrency pairs with the leverage of 1:2, some can be traded with the leverage of 1:5, but the maximum leverage available is 1:20.
On the front page of the website the broker claims to have spread from 0 pip. Almost all brokers make this claim and have very high spreads in reality. While making this Atecscapital.com review we checked spreads as well and were glad to see that the broker does have low spreads that start from 0 pip.
The minimum deposit required by the broker is 5o0 USD, GBP, or EUR based on the base currency of the trading account. One of the advantages of the broker that adds points to the Atecscapital rating is that it does not charge any commissions. There are no commissions for trading, account maintenance, or hidden fees. Meaning that once the trader funds the account he can use the full amount of the deposit for trading.
Atecs Capital offers only one trading platform, which is a custom made web-trader. It is designed for trading CFDs on cryptocurrencies. The platform is modern and simple which makes it very easy and intuitive to use. With the in-built features and tools, it can be used very easily and successfully by the beginner traders as well as well-experienced ones. Customers of Atecs Capitals are able to trade on mobile too, as the broker has a mobile trading app which is compatible with IOS and Android platforms.
Overall the trading conditions with Atecs Capital is very well designed and are oriented on the customer satisfaction and safety of their funds. This makes ensures us that Atecs Capital fraud is simply not possible.
In addition to the features and services described above, the broker puts a lot of time and effort in educating its customers. Atecs Capital has a section for education on the website where every visitor is able to learn about crypto trading. One can find the beginners courses, as well as educational content for experienced traders, e-Books, and various analysis.
Atecs Capital has five types of accounts available for the customers. Traders who will open an account with the broker will have access to Pro webinars, daily market analysis, an educational center, and will have 24/6 customer support. The broker also offers additional features that come with different types of accounts.
- The basic account which starts from 500 EUR has the basic features only and is for the beginner traders and for those with the smaller trading capital.
- The bronze account comes with the junior price alerts and the required minimum deposit of 10,000 EUR
- The silver account can be opened with 25,000 EUR and has additional features such as dedicated account manager, and PIA trading signals.
- Gold account has PIA SMS signals, and VIP price alerts in addition to all the other features, and the minimum deposit is 50,00 EUR.
- The platinum account is for professional traders with high trading capital. The minimum deposit for this account is 250,000 EUR. It comes with the VIP price alerts, personalized trading strategy, 1-1 trading trainer, and exclusive position access.
In addition to these account types, the broker has a black account which is for top investors only and can be attained through the account manager.
Atecs Capital withdrawal policy
Atecs Capital Withdrawal policy makes it very easy to withdraw funds from your trading account. Traders have to fill the form of the withdrawal request and submit it. The broker needs up to three days to confirm withdrawal and the time when the traders will receive the money on their account depends on the payment method that will be used for cashing the money out. Atecs Capital offers debit/credit card payment, bank wire transfer, and several eWallets. There is no withdrawal fee for the payment methods other than wire transfer which is charged with 30 USD.
Is Atecs Capital legit?
Atecs Capital review showed that the broker is fully legit. It offers high-quality service to the beginner and experienced traders, as all of them can find a suitable trading account, and currency pairs for trading. Atecs Capital offers over 40 trading assets, traders can trade cryptocurrency pairs with the low spread, with the leverage from 1:2 to 1:2o and withdraw their profits anytime they want. Customers of the broker have access to the pro webinars and educational center. Last but not least the broker has professional customer support that provides professional assistance via phone, email, and live chat. With these kinds of features and service, one can be confident that Atecs Capital fraud is not real and the broker is trustworthy.