About Vantage Prime Brokerage Company
Vantage Prime, also known as Atom8, is a London-based British company that markets itself as an ECN broker with a robust enough model to work with a variety of markets. Individuals, corporations, and professional traders are all served. Each client category will receive its own set of benefits.
The company’s main benefit is the ability to start trading with a small deposit and gain immediate access to a profitable liquidity pool that is usually reserved for privileged clients.
This pool of liquidity is called Vantage Prime, and the conditions under which it is available only due to the friendly relations of Vantage FX.
It started in 2009 and was founded by a professional team of specialists in securities and financial markets who are still working to maintain current operations and develop new opportunities for clients.
Is Vantage Prime or Atom8 a secure company or is it a scam?
The company is very concerned about the security of client financial information, and it works closely with regulatory bodies to provide the most transparent trading environment possible.
Among the regulators, there is a reputable organization FCA, this is one of the most famous regulatory organizations in the financial world. It allows the broker to work on the entire territory of Europe. Rules are quite strict; the company responsibly treats the training of staff, requires to ensure the safety of funds at the same time, limits the level of leverage to reduce client risks.
Including the case of bankruptcy or liquidation of the company the company by the FCA regulator may provide a security for the client account. Thus even if the company ceases to exist the client will get his money back.
Regulated companies and security have a number of restrictions to reduce risks as a result of the ESMA restrictions for retail clients. For instance, leverage is available at 1:30 for currency pairs and 1:10 for commodities. Professional and institutional customers, on the other hand, may request more leverage.
Types of accounts
The company offers two types of trading accounts, depending on the client’s needs and trading volumes: Vantage Prime Pro and Vantage Prime Trader. Furthermore, any account can be used to trade Forex, CFDs, or spread bets, giving you a wide range of options.
The Vantage Prime Trader plan is commission free, spreads start at 0.6 pips.
The second Vantage Prime Pro account offers trading via FN, there are commissions and spreads start from 0.25 pips.
Methods of Deposit and Withdrawal
The company offers various options for funding your trading account, such as transfer via your bank, payments by card and also for residents of Great Britain is accepted checks.
On both trading accounts the minimum cost to start trading 2.000 pounds which is a rather large amount for beginners but based on trading opportunities offered by Vantage Prime, the amount is reasonable enough.
The company offers a wide range of training materials for traders of all levels, as well as analytics, reports, charting facilities.
Vantage Prime provides competitive services to help clients invest in the stock market, with spreads that are reasonable. The company prioritizes the interests of its customers and the security of transactions. The company is licensed and regulated and pays special attention to risk-free trading. The disadvantage will be rather large amount of minimal deposit, but it is reasonable. The company is primarily interested in traders working with large sums or corporate clients.