According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $100
- WebTrader
- MetaTrader4
- Atradego
- ISA
Our Evaluation of Atrade
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Atrade is a moderate-risk broker with the TU Overall Score of 5.22 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Atrade clients on our website, Traders Union expert Anton Kharitonov recommends users to thoroughly analyze pros and cons before opening an account with this broker as not all clients are satisfied with the company, according to reviews.
Atrade is a fairly typical broker specializing in various types of CFDs. Its trading conditions are among the most favorable in Israel and are comfortable for both experienced and novice traders. Trades are executed quickly, with minimal slippage. All fees are known in advance and do not change during the process. Support is provided by experienced and supportive managers.
Brief Look at Atrade
Atrade clients trade CFDs on currency pairs, stocks, indices, metals, commodities, energies, and bonds. In addition to a free demo account, there is a versatile live account with floating spreads starting from 0.6 pips. The minimum deposit is $100. Leverage is flexible, up to 1:100. Trading platforms, such as MetaTrader 4, WebTrader, and Atradego are available. There is an affiliate program for individuals and businesses for additional income. Deposits and withdrawals are mostly free when made in ILS and USD. Available payment methods include bank transfers, Visa, and Mastercard.
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- The broker offers over 100 assets, including 46 CFDs on currency pairs, including major, minor, and exotic.
- There is a low entry threshold. Live accounts can be opened with a $100 deposit, and demo accounts are free.
- Spreads on many financial instruments do not exceed 5 pips, with no trading commissions.
- There is a high profit potential as the company imposes no restrictions on trading styles and methods, and significant leverage can be used.
- There are three trading platforms from which to choose, all with user-friendly interfaces and extensive functionality.
- Decent training for beginners is available in text and video formats.
- The broker is part of the international AvaTrade group and is regulated by the Israel Securities Authority.
- Lack of comprehensive analytical tools and passive earning opportunities.
- The platform is only available to traders from Israel.
- Not the best client support hours, operating from 8:30 to 19:00 (Sunday-Thursday), and from 8:30 to 14:00 (Friday).
TU Expert Advice
Financial expert and analyst at Traders Union
Atrade began operations in 2007. Its headquarters are located in Israel, where it is registered and holds an active trading license from the Israel Securities Authority. Retrospective analysis and user experience evaluations have shown that the company operates transparently, with no recorded instances of failing to meet its commitments to its clients or any open conflicts. However, it should be noted that services are only available to traders from Israel.
The registration and verification process takes quite some time, after which users gain access to over 100 assets across seven categories, including CFDs on currency pairs, stocks, indices, metals, commodities, energies, and bonds. A minimum deposit of $100 is required. If your account balance is $15,000 or more, you can receive discounts on spreads, reducing them by 20-30%, although not for all financial instruments. Overall, spreads are considered moderate, especially for popular currency pairs. There are no trading commissions.
In addition to the time-tested MT4 and WebTrader platforms, clients have access to the Atradego mobile app. All the available solutions are functional and allow for quick transactions within any strategy or method. Leverage is significant for currency pairs and gold of up to 1:100, while it is limited to 1:10-1:20 for some other asset types.
There are no passive income opportunities for copy trading or joint accounts. The affiliate program is standard. Training is basic, and there are no comprehensive analytical tools available, only a monthly overview of regional economic indicators and contract expiration dates.
Client support is available via email and phone, and you can also leave a request in the online chat or through a ticket system. The support team's working hours are not optimal, but the quality of their responses is highly regarded by clients. Deposits and withdrawals can be made through bank transfers and cards, but other methods, such as crypto wallets, are not available.
Atrade has no critical disadvantages, while its advantages are quite significant. I recommend that Israeli traders consider this platform.
Atrade Trading Conditions
Your capital is at risk. 79.43% of retail investor accounts lose money when trading CFDs with this provider. Atrade Ltd and its affiliates do not target EU/EEA/UK clients. It is the user's responsibility to ensure that any use of the website or services adhere to local laws or regulations. Please be aware that you are able to receive investment services at your own exclusive initiative only, ensuring you fully understand all the risks involved.
💻 Trading platform: | MetaTrader 4, WebTrader, Atradego |
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📊 Accounts: | Demo, Standard |
💰 Account currency: | USD, ILS |
💵 Deposit / Withdrawal: | Bank transfers, Visa and Mastercard cards |
🚀 Minimum deposit: | $100 |
⚖️ Leverage: | Up to 1:100 |
💼 PAMM-accounts: | No |
📈️ Min Order: | 0,01 |
💱 EUR/USD spread: | 0,9-1,4 pips |
🔧 Instruments: | CFDs on currency pairs, stocks, indices, metals, commodities, energies, bonds |
💹 Margin Call / Stop Out: | N/A |
🏛 Liquidity provider: | N/A |
📱 Mobile trading: | Yes |
➕ Affiliate program: | Yes |
📋 Order execution: | Market |
⭐ Trading features: |
Free demo and one live account, Low entry threshold, More than 100 assets from 7 different groups, Tight spreads and no trading commission, Three trading platforms, and Decent analytics |
🎁 Contests and bonuses: | Yes (TU rebates) |
Atrade offers only one live account, which requires a minimum deposit of $100 to start trading. If you aim to reduce spreads by obtaining one of three VIP levels, the account balance needs to be significantly higher, starting from increments of $15,000, $50,000, or $100,000. The maximum leverage varies depending on the asset type. The highest leverage is offered for currency pairs and gold, which is 1:100. For stocks, it is 1:10; for indices and bonds, it is 1:40; and for other financial instruments, it is 1:20. Traders can choose the optimal leverage within the specified range or trade with no leverage. Technical support is available only six days a week; and traders can contact it via phone and email. There is also an online chat and ticket system available on the website.
Atrade Key Parameters Evaluation
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Trading Account Opening
This process consists of several steps.
Go to the broker's website. At the top of the homepage, click on "Open Account Now".
Provide your email address and phone number. Create and enter a password. Agree to the privacy policy. Click on "Create Account".
Traders need to tell the broker about themselves, their trading experience, financial capabilities, and then go through verification. Next, they need to open a live account, depositing at least $100. Then, download and install the appropriate version of the MetaTrader 4 or Atradego trading platform, and enter the registration details, including email address and password. After that, they can start trading.
Regulation and safety
Atrade has a safety score of 8/10, which corresponds to a High security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.
- Tier-1 regulated
- No negative balance protection
Atrade Regulators and Investor Protection
Abbreviation | Full Name | Country of regulation | Investor Protection Fund | Regulation Level |
---|---|---|---|---|
ISA (Israel) | Israel Securities Authority | Israel | No specific compensation fund for forex | Tier-1 |
Atrade Security Factors
Foundation date | - |
Negative balance protection | No |
Verification (KYC) | Yes |
Commissions and fees
The trading and non-trading commissions of broker Atrade have been analyzed and rated as High with a fees score of 4/10. Additionally, these commissions were compared with those of the top two competitors, Pepperstone and OANDA, to provide the most comprehensive information.
- No deposit fee
- No withdrawal fee
- Above-average Forex trading fees
- No ECN/Raw Spread account
Trading Fees and Spread
Below, we evaluated and compared the trading commissions of Atrade with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.
Standard Account Spread
For Standard accounts, Atrade’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.
Atrade Standard spreads
Atrade | Pepperstone | OANDA | |
EUR/USD min, pips | 0,9 | 0,5 | 0,1 |
EUR/USD max, pips | 1,4 | 1,5 | 0,5 |
GPB/USD min, pips | 1,3 | 0,4 | 0,1 |
GPB/USD max, pips | 1,9 | 1,4 | 0,5 |
Does Atrade support RAW/ECN accounts?
As we discovered, Atrade does not offer RAW/ECN accounts, which might be a drawback for transparency and liquidity. However, this doesn't make the broker uncompetitive. Consider factors like spread levels, execution speed, regulation, support quality, and trading tools when choosing a reliable broker.
Non-Trading Fees
We conducted a detailed analysis of the non-trading fees associated with Atrade. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.
Atrade Non-Trading Fees
Atrade | Pepperstone | OANDA | |
Deposit fee, % | 0 | 0 | 0 |
Withdrawal fee, % | 0 | 0 | 0 |
Withdrawal fee, USD | 5 | 0 | 0-15 |
Inactivity fee ($, per month) | 50 | 0 | 0 |
Account types
There is only one account type with universal conditions, so there is no need to ponder over multiple account options. Leverage is set based on priorities and trading strategy. Novice traders are not recommended to use high leverage; it's better to stick to 1:2-1:10. MetaTrader 4 is a tried and tested classic trading platform that won't disappoint. However, neither will WebTrader. Nonetheless, traders can also give the Atradego proprietary application a chance, which is designed for mobile devices. In the absence of experience, it's best to try all the above solutions and then decide on the optimal one for you.
Account types:
Typically, if a trader has never worked on the platform, they first register a demo account. It allows them to explore its capabilities and experiment with strategies without financial risks. For beginners, it's also a chance to apply the theory they've learned in practice. After that, the client opens a live account and starts trading under real conditions.
Deposit and withdrawal
Atrade received a Low score for the efficiency and convenience of its deposit and withdrawal processes.
Atrade offers limited payment options and accessibility, which may impact its competitiveness.
- Bank card deposits and withdrawals
- No deposit fee
- Minimum deposit below industry average
- Low minimum withdrawal requirement
- USDT payments not accepted
- PayPal not supported
- BTC not available as a base account currency
What are Atrade deposit and withdrawal options?
Atrade offers a limited selection of deposit and withdrawal methods, including Bank Card, Bank Wire. This limitation may restrict flexibility for users, making Atrade less competitive for those seeking diverse payment options.
Atrade Deposit and Withdrawal Methods vs Competitors
Atrade | Plus500 | Pepperstone | |
Bank Wire | Yes | Yes | Yes |
Bank card | Yes | Yes | Yes |
PayPal | No | Yes | Yes |
Wise | No | No | No |
BTC | No | No | No |
What are Atrade base account currencies?
A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs for clients worldwide. Atrade supports the following base account currencies:
What are Atrade's minimum deposit and withdrawal amounts?
The minimum deposit on Atrade is $100, while the minimum withdrawal amount is $1. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact Atrade’s support team.
Markets and tradable assets
Atrade offers a limited selection of trading assets compared to the market average. The platform supports 100 assets in total, including 35 Forex pairs.
- Copy trading platform
- Indices trading
- Passive income with bonds
- Crypto trading not available
- Small selection of currency pairs
Supported markets vs top competitors
We have compared the range of assets and markets supported by Atrade with its competitors, making it easier for you to find the perfect fit.
Atrade | Plus500 | Pepperstone | |
Currency pairs | 35 | 60 | 90 |
Total tradable assets | 100 | 2800 | 1200 |
Stocks | Yes | Yes | Yes |
Commodity futures | Yes | Yes | Yes |
Crypto | No | Yes | Yes |
Stock indices | Yes | Yes | Yes |
Options | No | Yes | No |
Investment options
We also explored the trading assets and products Atrade offers for beginner traders and investors who prefer not to engage in active trading.
Atrade | Plus500 | Pepperstone | |
Bonds | Yes | No | No |
ETFs | No | Yes | Yes |
Copy trading | Yes | No | Yes |
PAMM investing | No | No | Yes |
Managed accounts | No | No | No |
Customer support
Traders may encounter issues while trading, depositing, or withdrawing funds. Or they may simply need clarification on some aspect of the platform's operation or its terms. If responses to inquiries are prompt, clear, and relevant, this contributes to increasing the trader's loyalty. However, if support is not sufficiently prompt or competent, the client may become disappointed in their broker and consequently consider switching to a competitor. Atrade's client support is available via email and phone, as well as through online chat and a ticketing system. The current schedule is from 8:30 to 19:00 (Sunday to Thursday) and from 8:30 to 14:00 (Friday).
Advantages
- Even unregistered clients are sure to get a response
- Many of the most popular communication methods
- Experts are highly competent
Disadvantages
- Not the best work schedule
The following channels can be used to submit a request:
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Phone;
-
email;
-
live chat on the website and in the user account.
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Ticket system.
Atrade is also present on social media platforms including Facebook, Instagram, and YouTube. You can contact the broker's managers there too.
Contacts
Registration address | Shenkar Street, Herzliya Pituach, 4672509 |
---|---|
Regulation | ISA |
Official site | https://www.atrade.co.il/ |
Contacts |
1-700-707-027
|
Education
Many brokers place educational materials on their websites. They often cover the fundamentals of trading. This allows beginners to gain important information. Atrade claims to have a full-fledged training system.
There are only a few articles and video materials, including manuals on trading strategies and methods. In this regard, the broker does not impress but does not disappoint either.
Comparison of Atrade with other Brokers
Atrade | Eightcap | XM Group | RoboForex | Kama Capital | InstaForex | |
Trading platform |
Atradego, MetaTrader4, WebTrader | MT4, MT5, TradingView | MT4, MT5, MobileTrading, XM App | MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader | MetaTrader5 | MT4, MultiTerminal, MobileTrading, MT5, WebTrader |
Min deposit | $100 | $100 | $5 | $10 | No | $1 |
Leverage |
From 1:1 to 1:100 |
From 1:30 to 1:500 |
From 1:1 to 1:30 |
From 1:1 to 1:2000 |
From 1:1 to 1:400 |
From 1:1 to 1:1000 |
Trust management | No | No | No | No | No | Yes |
Accrual of % on the balance | No | No | No | 10.00% | No | No |
Spread | From 0.6 points | From 0 points | From 0.8 points | From 0 points | From 0 points | From 0 points |
Level of margin call / stop out |
No | 80% / 50% | 100% / 50% | 60% / 40% | 20% / No | 30% / 10% |
Order Execution | Market Execution | Market Execution | Market Execution | Market Execution, Instant Execution | Market Execution | Instant Execution |
No deposit bonus | No | No | No | No | No | No |
Cent accounts | No | No | No | Yes | Yes | Yes |
Detailed Review of Atrade
Atrade strives to provide traders with the most positive trading experience possible. To achieve this, the company implements modern technologies and innovations and interacts with first-tier liquidity providers. The result is prompt, hassle-free, and cost-effective trades. Traders' funds and data are segregated and fully secure. This is futher facilitated by advanced security methods such as two-factor authentication and SSL certificates.
Atrade by the numbers:
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The minimum deposit is $100.
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There are 109 financial instruments available.
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The minimum spread is 0.6 pips.
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The maximum leverage is 1:100.
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There are 4 ways to contact client support.
Atrade is an Israeli platform for active trading of any volume.
Traders are provided access to a wide range of CFDs from seven categories. They trade without any restrictions on methods and strategies such as scalping, hedging, and the use of advisors. Traders also can create diversified portfolios where the negative trend of one asset is offset by stable positions and progress in others. Leverage of up to 1:100 allows for an increase in profit potential even with a small budget. A substantial balance also ensures a reduction in spreads.
Atrade’s analytical services:
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Education. Includes a small article base, glossary, and several videos. Program is designed for novice traders.
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Partner program. This can provide access to decent additional income, as any number of referrals is allowed, and there is no profit ceiling.
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Atradego. This is a proprietary application for mobile trading, featuring a simple, user-friendly interface and a wide variety of functions.
Advantages:
The broker has a low entry threshold and flexible conditions at the start, making it optimal for most traders.
Trading processes are finely tuned, with no glitches during transactions.
The platform's fees are attractive even when compared to its top competitors.
Quick deposit/withdrawal via many major channels.
Solid guarantees and oversight from the state regulator.
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