Are you intrigued by a newly discovered broker and eager to try trading with them? Are you confident that their claims about transparency, innovation, and client-oriented support aren’t just empty words? Let us disappoint you — you’ve once again stumbled upon a scam platform where you’re likely to lose all your money. Don’t believe us? Then our AtlasLC review is written specifically for you. Read it carefully, and you’ll understand why you shouldn’t risk getting involved with fraudsters.
Key Features
- Company Name: AtlasLC
- Website: https://atlaslc.com/
- Available Contacts: [email protected], [email protected]
- Foundation: 2023
- Services: Forex/CFD trading
- License: No
- Initial Deposit: $250
From Sign-Up to Payout
The creators of AtlasLC were in such a rush to launch their website that they didn’t even bother to finalize it. As a result, we have the following:
- A homepage that looks more like an advertising pitch. However, it provides no real information about the broker, its capabilities, or its actual advantages. None of the advertising slogans are backed by any facts, as the broker’s content managers didn’t bother to include them.
- A visually appealing image on the “News Channel” page. However, we were hoping to assess the actual news and insights promised by the company on their homepage rather than admire their designers’ ability to pick nice pictures.
- A registration/login form that never loads. One has to wonder when AtlasLC plans to start attracting clients. Even more puzzling is why they rushed to launch their website when potential clients can’t even register. Did their developers need more than a month to finalize such basic functionality?
- An empty page linked to their trading platform.
- Placeholder phone numbers (all zeros) with country codes for the UK, Australia, New Zealand, and Sweden on the contact page.
In short, this so-called official website of a “respected brand in the CFD sector” is nothing short of disappointing. It’s glaringly obvious that this is merely a template for yet another scam project. Hopefully, there won’t be anyone reckless enough to test their luck trading with this broker.
Our Trading Experience With AtlasLC
We genuinely tried to find at least a few words from the broker about their trading platform. However, it seems they didn’t have anyone on their team capable of describing modern tools or an intuitive interface in more detail. Unfortunately, they also didn’t have someone who could resolve the issue of embedding a web terminal on their website.
Considering the registration/login form doesn’t load, we had no chance of seeing the trading platform firsthand. However, the creators of the website helped us indirectly by placing a photo of the terminal on the main banner. Are we sure that this is the platform AtlasLC uses? Absolutely, because this software is frequently employed by scammers using cookie-cutter website templates. Today’s review subject belongs precisely to this category. We even suspect that the template and trading software come as a package deal.
As you can guess, we’re quite familiar with this software, so we can list all of its flaws. However, to save time and space, here are the main ones:
- No multi-chart mode, creating additional challenges for portfolio traders.
- No one-click trading, which means users lose valuable time on a dynamic market and potentially miss profits or incur losses.
- No option to integrate custom scripts, preventing clients from adding unique indicators or creating trading bots.
- Open positions are not displayed in the workspace and require navigating to a separate page for monitoring.
It’s unclear what motivated AtlasLC to choose this trading software. Not only does it fail to facilitate effective position management, but it also outright hinders traders. However, for scammers, this platform is a real gem — it allows them to siphon off traders’ funds without overt violations. Clearly, the company has little interest in the opinions of its traders.
Let’s also examine the trading conditions offered by AtlasLC. Unsurprisingly, they don’t provide contract specifications. Only a very limited set of conditions is available in the account type descriptions.
There are five account types offered:
- Starter. Minimum deposit $250, leverage up to 1:100, spreads from 1.6 pips.
- Classic. Minimum deposit $10,000, leverage up to 1:200, spreads from 1.5 pips.
- Standard. Minimum deposit $50,000, leverage up to 1:300, spreads from 0.5 pips.
- Professional. Minimum deposit $100,000, leverage up to 1:400, spreads from 0.0 pips.
- VIP. Minimum deposit $250,000 with exclusive access to broker offerings.
As we can see, the company provides very little information about its trading conditions. Crucial parameters, such as trade volume limits, swap rates, margin call and stop-out levels, etc., are entirely missing. The assumption is that clients will figure these out on their own while trading. That the lack of this information might result in client losses is of no concern to the broker.
Even from the sparse details provided, we can draw a couple of conclusions that the broker’s representatives won’t like:
- The leverage offered by AtlasLC is excessively high, making the risks unacceptable for traders.
- As the minimum deposit increases for higher account tiers, the leverage also increases. This means wealthier clients are exposed to greater risks.
Only scammers would offer such conditions. Their primary interest is in clients quickly losing their deposits, enabling them to appropriate the funds with ease.
The Reality Check
On the official AtlasLC website, there is not a single mention of the company’s registration details. We do not know when it was established, where it is registered, or where its offices are located.
The only piece of information we managed to find was in the Governing Law section of the Terms & Conditions. According to this document, the firm operates under the laws of and resolves disputes in the courts of saint vincent and the grenadines (spelling copied directly from the text). It’s worth noting that competent professionals would never make such an error.
The local financial regulator SVGFSA’s registry does not list any company named AtlasLC. While this regulator does not oversee or license Forex/CFD brokers, it does register such services operating within the country. The absence of this data indicates that the company has not undergone official registration in this jurisdiction.
Of course, we also checked the registries of the UK, Australia, New Zealand, and Sweden. Unfortunately for the broker, the results were also zero. A search in the Open Corporates database likewise returned no results for a company with this name.
The results differ slightly when searching for Atlas LC. Here, there is even an exact match, but the firm is based in Virginia. However, since CFD trading is prohibited in the U.S., this entity has no connection to our broker.
We can state with certainty that this broker is not officially registered anywhere and exists solely as a (still incomplete) website on the internet. Naturally, this means it lacks:
- A license.
- Corporate bank accounts and cards.
- Agreements with liquidity providers.
- Subscriptions for quotes from legitimate providers.
Do you still think this setup can organize trading? You’re gravely mistaken. The only thing it can do is seize your money.
How Long Has AtlasLC Been in the Game?
As mentioned earlier, the broker provides no information about the date of its establishment. However, it is now clear that the company did not undergo registration, so the platform began operating only when the website went live. Determining this date is simple with the help of the Whois service.
The retrieved data on the domain atlaslc.com reveals that the broker has existed for about a month — or, considering the date of the last modification, three weeks. Yet the main banner on the homepage claims that its audience already includes over 10,000 traders, with the texts referencing hundreds of thousands. Needless to say, achieving such numbers is impossible even for marketing giants. However, in the fantastical imaginary world created by the owners of this pseudo-company, anything is possible.
Extra Fraud Indicators
What’s surprising is how much the internet has learned about this broker in just a month. For example, there are already seven AtlasLC reviews on both reviews.io and HelloPeter. And yes, you guessed it — every single one of them is positive. Most interestingly, the authors are not at all bothered by the inability to register or log in, nor by the absence of a trading platform on the site. The main point seems to be that they received their money and could leave a positive comment without paying attention to such “minor” details.
Even more intriguing are the publications on various informational platforms. It doesn’t seem to matter that the topics of these platforms are quite diverse. What matters is that they praised the company and introduced it to their readers.
Amidst this flood of positivity, reviews from trading and investment-focused portals, which objectively evaluated AtlasLC, seem to have been somewhat overshadowed. Their ratings are very low (less than 2 out of 5), and their conclusions clearly state that the broker is a scam and should not be trusted.
Is AtlasLC the Right Fit?
In our AtlasLC review, we’ve tried to cover everything a trader should consider when choosing a broker. The result is a fully justified conclusion: the company is unregistered and unlicensed, publishes false information, and imitates trading. Add to this its hidden trading conditions and payment details, paid-for positive reviews, sponsored publications, and an incomplete website, and we have a clear picture — a scam platform that everyone who doesn’t want to fall victim to fraud and lose their money should avoid.
AtlasLC are scammers who stole my money!
The managers of this company called me and told me I could supposedly make good money quickly. I started working with them, and indeed, I earned $500 in a week from a $250 minimum deposit. They even processed my first withdrawal request for $200, and the money was paid. Then the company’s managers convinced me to invest more, promising to increase my earnings. I decided to take the risk and deposited $15,000.
That’s when the problems began… the first two trades were immediately unprofitable. Who could have guessed that they manipulate the terminal however they like: you can make money at first, but then lose much more. After this, they insisted I increase my deposit again, but I refused and submitted a withdrawal request for the remaining balance. The next day, my account was blocked.