Had an account with ATC funded with $50K. They are IB of FXCM. Duting the Swiss news back in January 2015, FXCM almost went bankrupt, and I would have lost all my account money, maybe get cents on a dollar back. US citizens have no guarantees for any amount of your account money. You get cents on the dollar, during bankruptcy.
Now I have a Pamm $ account with Tallinex, and Euro account with MyFXChoice. So far, so good, the only thing with Tallinex, the spreads got wider lately, and with FxChoice they have a weird way of calculating commission, it is not a flat fee. Sometimes you pay 7 euros, sometimes 10 Euros per lot with pair like GBP/USD, but the spreads are pretty good.
Hello Guys 1st time here let me explain Iām from U.S. so i opened Live account with Berndale capital its excellent service no requotes super fast executions cust service very good & fast even account managers they will call u making sure everything is smooth very low spreads on pro ECN so way better than other i have tried so rest assured .
thnx
Eddie
Thanks for the head up :23:
:23:Another real rider ā¦
Just a quick update - as of 10 minutes ago, the MetaTrader4 web platform has been activated in our back-office area.
Itās certainly a useful tool for checking the market, but is aimed more at manual traders as no EA / script support is included.
Dear jmullins9646,
I am sorry to hear to you did not received the reply to your question in your email box. I just asked our support department to check about your request and I see that they have replied to it yesterday at 10 : 22 : 29 (GMT +2). Maybe the message went to your spam folder. I will also reply here. LMFX is an STP broker.
As of the LIVE chat. If you open our website you will see a blue tab at the bottom right corner which says Queelo | Live chat & Help. From there you can access the Live Chat and our one of a kind Q&A system with ready answers to most of your questions.
At LMFX we are using a very unique Live Chat, Support and Ticketing system which brings the communication with the clients to a new level and its fully internal. Basically if you have an account with us all of the communication takes place in our system which makes it very secure.
As of accessing the Live chat in Queelo, when you are asked for login details just press [I][U]Donāt have account yet | Sign Up[/U][/I] and you will be taken to a section where you have to enter your name/nickname and your email address and from there you can start a chat with one of our customer support representatives. Our Live Support is 24/5.
If you have any doubts about the reply sent to you I will ask a person who has access to the email history to also send you an email with a screenshot from our system which shows your request and the reply to you. At LMFX we are serious about what we do and I would like to clear any doubts or concerns you may have.
Update: I was just informed that a screenshot of the reply has also been sent to you.
Thank you very much for the quick response and thorough explanation. I checked my spam folder and didnāt find it in there either. No problemā¦I guess it just got lost somehow.
Dear Shatners Last Stand,
As I stated yesterday I am replying to your question about the min trade size on the CFDās. I have sent the request to our management and their reply was that for now we will stick with the current trade sizes which are pretty much a standard for most of the brokers out there. If they decide to make any adjustments in the future we will make a public announcement regarding the changes that will be applied in the CFD trade sizes.
Thanks for your comments, guys.
[B]Berndale Capital[/B] (Australia) and [B]LMFX[/B] (Macedonia) have been added to Group 1 (post #1).
Welcome to our new brokers!
ā¢
Before room can be made for Berndale and LMFX on the [B]Discussion Links[/B] page (post #7), some of the oldest links will have to be removed. (It takes a [I]lot[/I] of keyboard characters to post links, and post #7 continues to bang up against the 15,000-character-per-post forum limit.)
Separating the LINKS from the Group 1 listing has made it possible to put all of Group 1 onto post #1.
I hope this will make the List more readable and user-friendly.
ā¢
The missing information in the Berndale and LMFX listings in post #1 will be filled in as time allows.
Also, I havenāt added Berndale or LMFX to the Alphabetical List yet, but Iāll get to it.
If you find any other errors or omissions in the re-formatted List, please post your findings here.
.
Thank you for the good comments guys and for the opportunity to be included in the list of offshore Forex brokers that accept US clients.
Thanks for the time spent editing and updating information Clint. I believe that everyone here appreciates your efforts!
LMFX,
Thanks for your prompt response. Ok, but your grain contract offerings are not standard. Thatās why I asked about them. For example, Traders Way and Forex Broker,Inc offer the grains at .2 Lot (1/5 futures contract), and FX Choice offers them in microlot. Seriously, why would any trader want to pay the $50+ spread plus swap for your āfull sizeā CFD when they can just trade the CME contract at a fraction of the cost?
Dear Shatners Last Stand,
Thanks for the heads up. We take the clients feedback seriously and I will once again forward your request with the updated information that you provided here and will forward it to the management. Will do my best to keep you informed.
Thank you!
Hi Everyone,
Iām putting this in the CFTC thread, even though ATC offers a U.S. regulated brokerage. Along with most of you, we considered putting our trading operation at Tradersway, and then Tallinex and have now settled on ATC in the U.S. As U.S. ābeneficiariesā weāre in the same tight spot as you other U.S. forum readers.
Obviously, we have to deal with 50:1 leverage. But in a medium-size trading operation, Leverage is not the biggest issue by farā¦
So here are the characteristics of ATCās MetaTrader implementation, and why it is a VIABLE choice for those of you who use EAās or who are concerned about the TECHNICAL aspects of MetaTrader and, in particular, the FIFO rule.
ATC has NO FIFO limitations in the MetaTrader 4 implementation. You can even HEDGE within the same symbol if thatās your cup of tea 
Only the āstupidā brokerages actually limit Trade Operation Sequencing in the platform. So how does ATC do it? They contract with FXCM to use their Back Office facilities, and you are provided with a FIFO-compliant statement. THIS IS THE RIGHT WAY TO DO THINGS. They are otherwise in no way affiliated with FXCM, so donāt worryā¦ They just use their servers, and back office, but they are their own separate operation, and this is their best solution for ATC operations inside the U.S. But read onā¦
(As a aside, FXDD used to offer FIFO compliant statements to White Label Dukascopy clients, before they went out of the U.S. retail Forex business. Trading operations were UNRESTRICTED by FIFO, but statements were fully compliant with U.S. regulations, since FIFO is an Accounting standard only, and should NOT influence trade sequencing in the platform.)
Bid/Ask spreads at ATC are better than Dukascopy or Tradersway or Tallinex, very tight. Execution is ATC proprietary implementation which does NOT use āBridgesā as other MT4 providers do in their āwhite labelā implementations of MT4. We plan to āspinā volume in scalping (given the tighter spreads) which will to some extent compensate for Leverage loss.
Placement of Limit Orders (and TP and SL) is completely UNRESTRICTED. FXCM, for example, appears to cancel Orders where the Limit is too close to execution, but letās not go down that Rat Hole. FXCM also imposes a āNet TP and Net SLā limitation on its MT4 which completely F**KS UP any āstandardā EAās, but also Iām not here to say anything much about FXCM.
So, to continue, ATC permits all āstandardā MT4 EAās and maintains āPer Dealā positions, with āPer Dealā TP and SL (unlike FXCM in the U.S.) so it is completely standard in its function. Most U.S. providers impose FIFO and āNetā behaviors which means EAās canāt be standardā¦ 
but not ATC U.S. (Of course they are also represented outside the U.S. but thatās never an issue, if you are a non U.S. person, then you can laugh or sympathize with what we in the U.S. are facing !!)
ALSO they do currently charge 0.8 R/T Commission, but I am informed they will move to 0.6 in a month or so, and that commissions are negotiable on volume so that makes us very happy. Their lack of ābridgeā implementation will mean much FASTER execution, and most likely more reliable operation, with less ālinks in the chainā to breakā¦ All of this means something if you have a 24x5.5 operation in Forex !!! Tight spreads and Limit placements inside the spread can also help to compensate for commissions through āincremental tradingā multi-position trading which improves your cost basis.
LOT SIZE is published at ATC as minimum 0.1 Lots, but it is really 0.05 lots. Any position size above 0.05 lots can be increased by 0.01 lots, so 0.05, 0.06, 0.07, 0.08, 0.1, 0.11, etc. are all valid lot sizes (note that those increments are 0.01 lots. This is important for us, because we will enter a 1.0 Lot (aka āstandard lotā) position by using up to 20 individual staggered price entries, each 0.05 Lots, which is āincremental scalpingā.
We are also free to scale in and out by increasing or reducing exposure by 0.05 incrementsā¦ but thatās just our strategyā¦
GENERIC METATRADER can be used on ATCās implementation, so this opens up our strategic usage of the NJ4X.com framework for multi-terminal and multi-account simultaneous management.
Have I left anything out? I am only providing this info for those traders who are āramping upā a significant Trading Operation, who are concerned about the continuously changing āCat and Mouseā games where the offshore brokerages try to get around the Restrictions on money transfers into and out of the U.S. through Correspondent bank arrangements which are constantly changing.
SUMMARY
We took a hard look at the totality of the ATC MT4 offering, and are convinced that ultimately we are better off going with this particular ATC U.S. implementation, than getting more Leverage offshore. The āDevilās in the Detailsā in the choice of a brokerages full range of offerings. It aināt a simple choice, is all Iām sayinā
THIS IS ALL JUST INFORMATIONAL, and given the continual āsqueezeā on the offshore brokerages, I just want you all to know that there is an āunpollutedā MT4 possibility in the U.S., despite the fact that 50:1 is a non-negotiable Leverage value.
Remember: Leverage is by no means everything in considering which broker to choose.
I aināt affiliated with ATC, just telling you the āhoopsā we tried to jump through before settling on a final brokerage choice inside the U.S. with ATC. If youāre anticipating a 6-figure trading operation, youāll know that these considerations are multi-faceted.
SO BY ALL MEANS, use the offshore Forex brokerages. But do it understanding that perhaps it is not in your best interest, if you are a U.S. person operation, to completely āescapeā the CFTC ! haha Itās not a laughing matter, and 50:1 leverage seems like a real penalty for U.S. operations, but consider that if youāre going to do ārealā trading, thatās not your biggest issue !!
hyperscalper
Nice info hyperscalper. I went offshore, because of the option of high leverage, but of course it is always good to have alternative options. I see that Clint has updated the list as well. Good job!
They are IB of FXCM, since you use their back office, you deposit your money to FXCM company who almost went out business last year, and I almost lost 50k. During the SWISS bonanza last year when I called ATC, they said I need to call FXCM about my account money.
It doesnāt concern us that FXCM holds the money. You say they āalmostā went out of business. What is important to us is that we are not using FXCMās platform so, in that sense, they are not a simple IB for FXCM at all. They simply choose this business arrangement in the U.S. and provide traders with a nearly perfect MT4 implementation. A simple āIBā arrangement would mean clients use FXCMās platform with all of its defects. So I think that in some sense, yes, they are an āIBā for FXCM; but in the areas that matter to traders, itās not FXCM. And so I think you donāt actually know ATCās plans, or the precise business arrangement between ATC (a separate company) and FXCM.
Iām an optimist, and if I were unconcerned about placing $50k in an offshore brokerage, do you think it makes sense to worry about it at a regulated U.S. brokerage?
hyperscalper
Read the previous threads, man. The regulation does not mean anything, if the broker goes out business you get cents on dollar.
It seems you got some business with ATC, and you try to promote it or something, at least be honest. It is better to open offshore broker with less money and higher leverage.
Hey, man, Iām a trader like the rest of you. Iām just giving info; and as I use it, Iāll share some more with this forumā¦ Like i said, Iām just giving you the facts, and how āthe devilās in the detailsā when it comes to broker choice. Iām as disgusted with the situation in the U.S. as everyone else; but it aināt the end of the world, thanks to this CFTC Offshore thread, and some creativity by the collective audience.
hyperscalper
Quick question, what was the criteria used to specify a broker as trusted on the front page?
ā¢ Discussion about designating Trusted Brokers began almost 1 year ago.
Here is the first post in which I proposed the idea:
http://forums.babypips.com/forex-brokers/36221-going-offshore-escape-cftc-post682529.html#post682529
ā¢ Based on discussion (not formal voting), I concluded that the consensus (among those participating in the discussion) was that FX Choice and Tallinex deserved the Trusted Broker designation. Here is the post where I announced that decision:
http://forums.babypips.com/forex-brokers/36221-going-offshore-escape-cftc-post684591.html#post684591
ā¢ Then, we ā [I]meaning those members who chose to participate[/I] ā discussed, vetted and voted on several additional brokers from our List. Our voting process resulted in a ranking of 6 additional brokers, with Traderās Way at the top of the ranking, and ProfiForex running a close second to Traderās Way.
Here is a summary of the voting:
http://forums.babypips.com/forex-brokers/36221-going-offshore-escape-cftc-post691942.html#post691942
ā¢ Based on that polling result, I added the Trusted Broker designation to the Traderās Way listing. Here is the post where I announced that decision:
http://forums.babypips.com/forex-brokers/36221-going-offshore-escape-cftc-post692439.html#post692439
Thatās where we stand today.
ā¢ Take note of the last paragraph in the second link (above), which reads:
Trusted broker status should not be a ālifetime appointmentā. A broker who deserves this designation must continue to deserve it in the future, in order to retain the designation. To the extent that itās possible and practical, this thread should be a democracy. As such, we can vote brokers into ā or out of ā the trusted broker category.
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