Thu, March 28, 2024

Atiora review: Is it a safe place to deposit your funds?

Atiora Broker review

When evaluating brokerage firms, whether they are honest ones or scammers, we constantly research based on their websites. We usually test out several services and features to make sure their promoted and “high-quality” services honestly are good or not. Besides, we often research the clients’ experiences while working with them.

When it comes to a scam broker, it usually is simple to guess they do the honest job or not from their website, and can you imagine our thoughts when we came across the broker with no website at all?

When you claim to be a forex broker and you take the responsibility to offer clients financial services, you also need to build a decent website where all the necessary information about trading conditions will be provided. 

However, no matter how desperately you search for, there is no atiora.com on the internet. 

Thus, our Atiora review is based on our dedicated research all over the internet and our past interaction with the broker. 

We will share our research results with you, and let’s together bring the final verdict. 

However, we can not guarantee this information is still 100% accurate as we could not directly reach the brokerage.

General information about Atiora broker

Atiora Limited was launched in 2015 in St. Vincent and the Grenadines. It offers several trading assets, including forex, commodities, cryptos, spot metals, and CFDs.

Atiora seems to be operating via the MT4 platform, with the minimum deposit starts from $1. 

Regulation concerns

Atiora brand is launched and registered in St. Vincent and the Grenadines, which is an offshore region, and when you register your company in the offshore area, obtaining at least the local regulation is not that difficult, especially when you are already on the market for six years.

However, there is no regulatory information about the Atiora broker anywhere. Lack of regulation already means a risky trade as, unlike regulated brokers, Atiora can not offer a high level of funds and personal data protection. 

 

Lack of Security with Atiora

Atiora still has been claiming that securing client’s personal and financial data is its number one priority. However, we find it unclear what exact security measures they take to protect these sensitive data.

The only plus Atiora has regarding the security is using the MT4 trading platform. 

MT4 platform itself uses encryption and login protocols with verification procedures for the payment. That might give us a few safety guarantees.

 

Trading conditions

If we talk about quality trading conditions, all the credits should go to the MT4 trading platform.

The MT4 platform is the most well-known, leading platform all over the forex market.

It offers a wide range of trading assets, has a user-friendly interface, and is designed for beginner and experienced traders. MT4 platform comes as Windows and Mac OS apps, Android and iOS mobile apps, and WebTrader versions.

The Atiora broker seems to have several trading tools to “boost” traders’ experience. These tools are FIX API, Economic Calendar, Forex Calculator, Margin Calculator, Trading Sessions, Copy-trading tool, etc. However, where can we test them out? We can not, as Atiora.com is not available.

Now, let’s discuss the Atiora accounts for trading. There are four general types of accounts: Micro, Classic, Pro, and Crypto.

The minimum deposit for Micro is $1, for Classic is $50, PRO is $100, and crypto is $10. 

However, we don’t have detailed information on what assets or conditions each trading account supports. Generally, we found that spreads start from 0.05 pips, and the maximum leverage is 1:500. 

Though, the forex is not a stable industry. Fees change, depending on the trends and market fluctuation. 

As the Atiora website does not exist, we couldn’t provide the updated information. Be sure to double-check the recent, renewed data when you decide to cooperate with the brokerage firm.

Weak customer service

When it comes to customer service, the most common method for reaching the company is using the live chat option on the website. However, the Live chat option is automatically omitted as long as the website itself does not exist.

However, we found their email address, mobile number, and Skype ID. We tried to reach them, but sadly, it turned out the customer service is another weak spot of Atiora. 

Email: [email protected]

Telephone number: +448000988085

Skype: atiora.support

Summery

Overall, we consider Atiora as another scammer whose time is almost up because they have even closed the website.

Maybe, they will update the services, renew the features, and return to the financial market with an honest, better, and more prestigious version of itself.

For now, we see Atiora as a scam broker and suggest you be cautious and aware. 

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