Here’s yet another forex broker hiding critical information about itself, such as regulations and its headquarters. However, the website does list the name of the CEO — a certain James Thompson. There are very few reviews of AtlasLC online, and the only question that really matters is this: is it a scam or not? Let’s try to answer that.
Table of Contents
Highlights
🏛️ Country | Saint Vincent and the Grenadines |
⚠️ Regulation | – |
🖥️ Website | https://atlaslc.com/ |
🎲 Demo Account | No |
⏳ Start Time | 2024 |
💲 Minimum Deposit | $250 |
⚖️ Minimum and Maximum Leverage | 1:400 |
⚙️ Trading Platform | WebTrader |
support@atlaslc.email, legal@atlaslc.email | |
📞 Phone | – |
First Impression of Atlaslc.com
There’s nothing unusual or unique about the official website. AtlasLC used a pre-made template to build its brokerage resource, making only a few minor adjustments. At the top of the page is a standard menu:
- Platform.
- Referral program.
- Finance quiz.
- Reviews.
- Accounts.
- Resources.
- Company.
Some sections are baffling. For instance, why is there a section with some kind of knowledge quiz? The platform section doesn’t even open. This clearly highlights AtlasLC’s lack of professionalism. The homepage contains no useful information whatsoever — it’s just a collection of pseudo-benefits. This is the broker’s biggest flaw: it’s overly secretive, which only decreases trust among traders.
The visuals are a complete failure as well. The images are generic, like they were pulled from a free stock photo library. In the background, there are abstract silhouettes, people in suits, charts, and smartphones with random numbers. It’s the full package of “generic broker design”. There are no real photos of an office, team, or documents. Why not? Because AtlasLC is just a website with no real business behind it.
In summary, this is a typical website you’d expect from a suspicious broker. You won’t find any key information or guarantees of reliability. The features you’d expect from a trustworthy broker simply don’t exist at AtlasLC.
Partnership and Bonuses
AtlasLC offers up to 10% from every deposit made by a referred client. This is an enormous percentage, and numbers like this are only seen with questionable “brokers” that operate as financial pyramids. If the company truly earns from commissions, why would it give money away so freely? Additionally, the minimum deposit required to participate in the referral program is $1,000. This is absurd. Legitimate brokers don’t impose minimum requirements for partner programs.
AtlasLC promises generous deposit bonuses, but with a catch — you can’t withdraw those funds until you trade a volume 50,000 times greater than the bonus amount. This is an utterly unrealistic requirement. Either you’ll lose your deposit, or the broker will block your account for “violating the rules”.
To top it off, their terms clearly state that AtlasLC can cancel any bonus or referral reward without providing a reason. This means you could bring in dozens of clients, spend months meeting their conditions, and, in the end, simply be told, “Sorry, the bonus has been revoked”.
Account Opening on Atlaslc.com
Next, let’s look at account registration to see what their platform offers. However, we encountered an issue. When attempting to open the registration window, nothing happens. It endlessly loads with no result. It seems AtlasLC doesn’t want people creating accounts.
Does this mean anything? Yes, and it says a lot. What kind of broker fails to provide a functioning account registration window? Can it be considered professional or reliable after this? Hardly. And here’s the kicker — scam companies often operate this way. In practice, such registration issues are almost always a sign of fraud. Something tells us AtlasLC falls squarely into the category of pseudo-brokers.
Verification
Verification is mandatory — you won’t be able to trade or withdraw funds without it. AtlasLC requires a long list of documents: a passport or driver’s license, a utility bill to confirm your address, and even a copy of your bank card if you’ve used it to deposit funds. And it’s not enough to simply submit the documents — they may also demand notarization, which, of course, you’ll need to pay for yourself.
The verification process itself is a separate problem. How long will it take? No one knows. The terms provide no clear timelines, meaning verification with AtlasLC could take days, weeks, or even months.
The biggest drawback is the complete lack of data protection. AtlasLC demands all your personal documents, including bank details, but there’s no information about who will store them or how they’ll be protected. By sending such sensitive information to a fraudulent broker, you risk not only your money but also your personal data.
- None.
- The firm requires a lot of documents.
- No timeframe for verification.
- Complete lack of protection of client data.
Trading Software
The official website provides no detailed description of the trading platform. AtlasLC promises an intuitive interface, fast execution, and “top-notch security”. However, there are no links to mobile applications or desktop versions. That’s it — not a word about the platform’s features or functionality.
It’s likely just a basic webtrader that allows users to open and close orders, use basic tools for graphical and technical analysis, and apply standard indicators. AtlasLC offers a primitive platform that’s unsuitable for serious trading.
Features | AtlasLC | Oanda | Al-Giz |
---|---|---|---|
Demo Account | ❌ | ✔️ | ❌ |
Mobile App | ❌ | ✔️ | ❌ |
Own Development | ❌ | ✔️ | ❌ |
How Can I Trade With AtlasLC?
The company claims to provide access to various market classes: forex, metals, cryptocurrencies, and stocks. However, to determine how favorable their offerings are, let’s look at their account types.
All Info About Accounts
AtlasLC’s pricing plans are identical to those offered by most other fraudulent brokers. The goal is simple — to extract as much money as possible from clients. The better the plan, the better the conditions — but the higher the investment required. A classic scam tactic.
The minimum deposit is $250, and that’s just for the basic account. It only gets worse from there. To access decent trading conditions, the company demands $10,000, $50,000, or even $250,000. That’s outrageous! At reputable brokerage firms, you can start with as little as $10–$50, but AtlasLC immediately tries to trap you with enormous financial commitments. There’s no cent account, nor even a demo account.
Leverage goes up to 1:400. This isn’t a trading condition — it’s a surefire way to blow up your account in just a few trades. With leverage that high, even small market movements can turn into disasters. No serious regulator would ever allow such risky levels. In Europe and the US, leverage is capped at 1:30 for client protection, but AtlasLC clearly doesn’t care about the safety of its clients.
Spreads are allegedly as low as 0.0 or 0.5 pips, but there’s no mention of actual trading commissions on the website. This is a strong indication of how the platform really operates — as a dealing desk. The biggest problem with such brokers is the conflict of interest. If traders earn money, the company loses, and vice versa. It’s obvious that the firm will do everything it can to ensure clients lose their funds.
- None.
- There is no demo account and cents tariff.
- Commissions are not specified.
- High leverage.
- Insane deposit requirements.
Market Analysis and Education With Atlaslc.com
On the basic plan, clients have access to “real-time trading insights and education”. However, these services are not described in detail, and there are no examples of what these insights entail. To access other services, you’ll need to invest enormous sums of money. Is there anything free for all clients at AtlasLC? Yes, but these tools are of little value: news updates, educational content on cryptocurrencies, e-books, a glossary, an asset index, and an FAQ section.
Deposit, Withdrawal, and Fees
Depositing funds is the only thing that works quickly and without delays at AtlasLC. You can add money via a bank card, bank transfer, or cryptocurrency. Withdrawing money, however, is an entirely different story. The company requires you to use the same method for withdrawal as you did for depositing. So, if you deposit with cryptocurrency, you’ll have to withdraw using cryptocurrency as well.
The withdrawal process at AtlasLC takes 7–10 business days, and that’s only if your account is verified. The minimum withdrawal amount is $100, and the fee is 1% of the withdrawal sum. However, even if you’re withdrawing $100, you’ll lose $30 because the minimum fee is $30! The maximum fee is $300 per withdrawal. This feels like robbery at the level of financial mafia tactics.
Features | AtlasLC | Rigel Capital Partners Limited | RichPointCapital |
---|---|---|---|
Debit/Credit Cards | ✔️ | ✔️ | ✔️ |
Electronic Payments | ❌ | ❌ | ✔️ |
Crypto Transfers | ✔️ | ✔️ | ✔️ |
Deposit Fee | ❌ | ❌ | ❌ |
Withdrawal Fee | ✔️ | ❌ | ❌ |
How Can I Contact It?
If you want to contact AtlasLC’s managers, you can do so via email or phone. While the emails appear to be legitimate (we verified them), the phone numbers are laughably fake: +440000000000 (UK) or +610000000000 (Australia). It’s clear these are just strings of zeros with country codes attached — completely fabricated numbers.
And where’s the live chat? This is one of the most convenient ways to ask questions and get prompt answers. AtlasLC doesn’t even maintain any social media accounts.
- Two email accounts are available.
- Fake phone numbers.
- No online chat or social media accounts.
Is AtlasLC Dangerous?
Frankly, the broker doesn’t seem like a safe or profitable place for forex trading. Quite the opposite — everything about it is off-putting. There’s no temptation to even try the service because it’s obviously going to be a waste of time and money. However, we need to look into a few more things: licenses, operating history, and legal details.
How Long Does The Broker Work?
We’ve mentioned before that AtlasLC is a highly secretive company. There’s no information about the firm’s founding date on the official website. Although the legal documents reference 2020, this has nothing to do with when the platform was founded. In reality, the broker launched in November 2024, which is when their domain was registered. Without a website, the company couldn’t have been operating.
How Is AtlasLC Regulated?
It’s unclear where the company is actually based because no specific legal address is provided. Yes, there are phone numbers supposedly from the UK, Australia, New Zealand, and Sweden, but these are just country codes — nothing more. It’s highly unlikely that AtlasLC has offices in these locations.
One clue we managed to find was an offshore jurisdiction — Saint Vincent and the Grenadines. This country is mentioned in point 19.9 of the user agreement. So, we decided to check the SVGFSA registry to see if AtlasLC is listed there.
Unsurprisingly, the company is not in the registry. Even in a jurisdiction like Saint Vincent and the Grenadines, where registering a legal entity is incredibly easy, AtlasLC doesn’t exist. This means the broker is operating illegally and likely isn’t registered anywhere. These are serious red flags.
Features | AtlasLC | IG Space | AGlobalTrade |
---|---|---|---|
European Zone | ❌ | ❌ | ❌ |
Asian Zone | ❌ | ❌ | ❌ |
American Zone | ❌ | ❌ | ❌ |
African Zone | ❌ | ❌ | ❌ |
Offshore | ❌ | ❌ | ✔️ |
How to Trade With AtlasLC?
Is AtlasLC Legit?
How Risky Is It?
Here we have yet another scam broker broken down in detail. AtlasLC hits all the “bingo” marks of a fraudulent company. It’s a pitiful excuse for a broker, and under no circumstances should you invest your deposit here — your money will simply be stolen by anonymous scammers. Also, be cautious if you come across positive reviews of the platform — they’re paid fakes. There’s no truth in them; such comments are written to lure inexperienced traders.
AtlasLC rating
2 reviews about AtlasLC
These are scammers!!! I’ve encountered such pseudo-companies before. For example, check out the site kingstongates.com. It looks suspiciously similar to AtlasLC. I’m convinced the same scammers create identical websites to con traders and investors! Take note: they have no license, and all their domains are freshly registered. These are the most obvious red flags. I tried emailing them, but the response takes forever.
I was scammed by them for $1,000. They tried to extort even more money, but I realized it was a scam. Unfortunately, they still managed to get $1,000 from me. I know I made a serious mistake, which became an expensive lesson for me. Sadly, there’s no way to get my money back. The only thing I can do is warn everyone that atlaslc.com is a fraudulent and fake platform, not a safe brokerage intermediary.