Atiora is an Online Forex & CFD broker based in St Vincent and the Grenadines.
They mainly promote the “ECN Trading Environment with Low Spread” though, how is their actual service and spread?
Real-Time Spread GIF of Atiora
Atiora offers the lowest spread through the “ECN Pro Account”. The broker offers raw spread with the account type with $8 commission per 1 round turn lot(100,000 units).
Here is the Spread of ECN Pro account which we have captured in November 2016, during normal trading hours.
As it turns out, Atiora offers more tighter spread and lower trading cost comparing to other ECN Forex brokers.
The trading cost is $8 per 1 lot, so you may add 0.8 pips to the spread, and that would be the actual trading cost for traders.
So the minimum & average trading cost of Atiora MT4 is from 0.9 – 1.2 pips(including extra trading commissions).
The fact is that majority of complete ECN Forex Brokers offer the trading cost of more than 1 pip. If Atiora truly offers ECN trading environment, then the broker is simply better than others in terms of the trading cost.
But is Atiora really an ECN broker?
*ECN stands for Electronic Communication Network
Atiora with No Trading Restrictions
Atiora strives to offer complete ECN trading environment, and to prove that trading condition, the broker:
- Does not restrict any trading methods on their platforms
- Does not set any withdrawal conditions of clients’ profits
According to Atiora’s customer support, the broker allows any trading activities on the trading platforms except arbitrage.
Atiora offers very fair trading conditions for its traders.
Bonus Promotions & Contests
It is rare for ECN Forex brokers to offer variety of bonus promotions, as this type of brokers earn profits only from the mark-up spread or trading commissions paid by its clients and they are scaled small financially.
As in, unlike many other brokers, ECN brokers do not counter-order clients’ orders and earn extra profits when its clients lose.
But still Atiora prefers to offer variety of bonus promotions and contests too.
There are mainly three types of promotions ran by Atiora for all time, which are:
- Deposit Bonus
- Loyalty Point Program
- Trading Contest
But these bonuses(or rewards of contest) are not offered for Free, but you are already required certain lots to withdraw them all.
That is a very fair condition as Atiora is an ECN broker. You may think of these bonuses as cash back for your trading.
For more information of Atiora, you can find it from below.