Overall Score63 / 100The Wikilix trust rating of Atlantic Securities, out of 100, built from the five factors below.It holds a valid CySEC 005/03 licence, and our investigation found it appears legitimate.Regulation75%Identity95%Client terms28%Trading offer46%Service61%Score last calculated 2026/10/18
Fair50 to 64. A mixed record: some strengths, some open questions. Read the details before you deposit.Why: It holds a valid CySEC 005/03 licence, and our investigation found it appears legitimate.
63 out of 100 · 83% checkedThe share of the record we could verify. What we could not check counts as unknown and pulls the score toward the middle, never down.
Do not trust
High risk
Fair
Good
Excellent
It holds a valid CySEC 005/03 licence, and our investigation found it appears legitimate.
We checked Atlantic Securities on 2026-10-18 across its regulation, company record, client terms, trading offer and service, and could verify 83% of its record. Its strongest valid licence is CySEC 005/03. The score of 63 is what the checked record adds up to; nothing held it down. What would move the score: withdrawal rails, all-in eurusd cost, instrument breadth. Our published investigation found it appears legitimate, with 25.1 years of track record. Its client terms carry moderate risk, with 13 critical clauses.
Whether a financial authority supervises this broker: the licences it holds, whether we verified them on the official register, how strong that regulator is and what protection it gives clients. Worth 35 points of 100.
Identity
Who is behind it, and for how long?
95out of 100
Excellent
Counts for 15% of the score100% checked
What we checked
Registry-verified entity100
Company registration verified on the registry · Oct 11, 2026Source
Verified age100
Verified track record 25.1 years · Oct 11, 2026
Transparency80
Scam check identity transparency 2/10 · Oct 11, 2026
Site integrity100
Website reachable and not redirecting · Oct 11, 2026Source
What this measures
Who is behind it and for how long: a company registration we verified, years of verified history, how openly it names its entity, address and owners, and whether its website is intact. Worth 15 points.
Client terms
Are the client terms fair?
28out of 100
Poor
Counts for 15% of the score93% checked
What we checked
Policy risk40
Policy risk score 6/10 · Oct 11, 2026
Critical clauses0
13 critical clause(s) · Oct 11, 2026
Withdrawal rails0
1 rail(s): 0 fee-free of 1 known, 0 instant of 1 known, minimum unknown · Oct 11, 2026Source
Language parity50
4 contradiction(s) between language versions · Oct 11, 2026
What this measures
How fair the client agreement is: the risk found in our policy review, the number of critical clauses, withdrawal rules, and whether the terms say the same in every language. Worth 15 points.
Trading offer
What does trading cost, and is it disclosed?
46out of 100
Poor
Counts for 20% of the score25% checked
What we checked
All-in EURUSD costNot checked yet
No EURUSD spread known
Pricing disclosed per account type33
2 of 6 pricing cells filled across 2 account type(s) · Oct 11, 2026Source
Instrument breadthNot checked yet
No instrument counts known
PlatformsNot checked yet
No trading platform recorded
Leverage vs regulated capNot checked yet
Maximum leverage unknown
Minimum depositNot checked yet
Minimum deposit unknown
What this measures
What trading costs and how clearly it is disclosed: pricing per account type, the all-in cost of EURUSD, instruments, platforms, leverage against regulated limits and the minimum deposit. Worth 20 points.
Service
How do they treat clients?
61out of 100
Fair
Counts for 15% of the score90% checked
What we checked
Fund-integrity complaints70
Scam check withdrawal complaints 3/10 · Oct 11, 2026
Support channels50
3 of 6 support checks (phone, email, 24/7 chat, 2+ languages, messenger, complaints email) · Oct 11, 2026
Reputation footprint70
Scam check reputation 3/10 · Oct 11, 2026
WIKILIX communityNot checked yet
0 approved review(s), fewer than 10
What this measures
How clients are treated: support channels, complaints about withdrawals and reputation from our investigation, and reviews by WIKILIX members. Worth 15 points.
What Atlantic Securities legally published, but does not want you to read
Wikilix contract reading ·
Moderate contract risk
Atlantic Securities introduces you to Interactive Brokers Ireland, which then holds your money under Irish law. Your commission is a markup on top of Interactive Brokers' own fee, and the split is never stated. The global fees page promises you would not pay more, while the contract behind it lets prices change the day they are posted. Suspicion of a crime, including one committed against you, lets the account be frozen and emptied with no claim.
13Critical clausesClauses that can cost you money you have already earned or deposited, or that remove your ability to challenge it.
29Clauses flaggedEvery clause worth knowing about, at all three severities. Ordinary terms that every broker has are not counted.
56Documents readHow many of the broker’s own legal files this reading is based on. Each one was downloaded and hashed on the date shown.
6.0/10Contract riskHow far this contract goes overall, from 0 to 10. 3 to 5 means real costs a client should know about; 6 to 8 means several clauses put money already earned at risk.
What Wikilix has recorded about Atlantic Securities: its history, the licences it holds, its trading conditions and its fees.
Atlantic Securities Broker Overview
Atlantic Securities is the trading name of Atlantic Securities Ltd, a Cyprus Investment Firm based at 37 Prodromou Street in Nicosia. The company was incorporated in Cyprus in April 2001 and began operating in August of that year. It is a subsidiary of Atlantic Insurance Co. Public Ltd, a company listed on the Cyprus Stock Exchange. The business is share and securities brokerage rather than leveraged retail foreign exchange: clients trade the Cyprus Stock Exchange and the Athens Exchange directly, and reach more than one hundred other market centres through an international account. Charges are commission based and are published in full on the company's own fee pages.
Atlantic Securities Regulation and License
Atlantic Securities Ltd is authorised and regulated by the Cyprus Securities and Exchange Commission under licence number 005/03 and operates under MiFID II. The company states on its page that the licence covers reception and transmission of orders, execution of orders on behalf of clients and portfolio management, with ancillary permissions for safekeeping and administration of financial instruments, granting credits or loans connected to a transaction, and foreign exchange services where these are connected to the provision of investment services.
Is Atlantic Securities Regulated?
Yes. The firm holds a Cyprus Investment Firm licence, 005/03, issued to Atlantic Securities Limited, and the licence is recorded as in force. The permission set is an investment services permission. It does not describe a leveraged retail foreign exchange or contracts for difference offering, and readers looking for that product should not read this licence as covering it.
Is Atlantic Securities Safe?
The structural protections a European investor would look for are in place, though regulation alone is not a guarantee. The operating company is named openly, its Cyprus registration number HE119857 is confirmed as active on an authoritative record, and the registered office matches the address published on the site. As a Cyprus Investment Firm the company publishes a clients' money policy, an investors compensation fund policy and a best execution policy, and it charges an annual investors compensation fund contribution to client accounts. Its parent is a listed insurer, and it has been in continuous operation for more than twenty years.
Atlantic Securities Account Types
Two routes exist. The local markets investor account gives access to the Cyprus Stock Exchange and the Athens Exchange and is opened on signed application forms, with an account opening fee of EUR 30 for a natural person, EUR 70 for a Cyprus company and EUR 100 for a company established abroad. The global account gives direct access to international exchanges. Atlantic Securities Ltd states that it acts as an introducing broker for Interactive Brokers on that route, so the international account is opened with Interactive Brokers rather than with Atlantic Securities itself. No minimum deposit is published for either route.
Atlantic Securities Spreads, Commissions and Fees
Pricing is commission based, not spread based. On the Cyprus Stock Exchange the brokerage fee starts at 0.4% of trade value plus 30 cents per trade, with exchange and depository fees of 0.04% and an annual depository fee of 0.003% charged quarterly. Athens Exchange pricing is the same 0.4% starting rate plus 25 cents per trade, with exchange and depository fees of 0.0325%. On international markets the rate is 0.20% on euro stocks with a minimum of 5 EUR per executed order, 2 cents per share on US and Canadian stocks with a 5 USD or 5 CAD minimum, 0.01% with a 3 EUR minimum on foreign exchange, 10 per contract on futures and options, and 0.20% of trade value on bonds and euro mutual funds. Where the cost would exceed 1% of trade value it is capped at 1%. Custody is 0.12% a year, calculated monthly, and the withdrawal fee is EUR 3 per request.
Atlantic Securities Trading Platforms
For local markets the firm publishes a web based trading platform, a desktop order entry application and a separate account management tool that is not used for trading. International market clients use the global trading platform provided through the Interactive Brokers relationship, together with a client portal. None of the common third party retail foreign exchange terminals is offered.
Atlantic Securities Deposits and Withdrawals
Funding runs through the banking system rather than through cards or electronic wallets. Withdrawals are requested on a signed payment request naming the client's own bank account, supported by an IBAN certificate and identification, and the published charge is EUR 3 per request.
Atlantic Securities Pros and Cons
Authorised by the Cyprus Securities and Exchange Commission under licence 005/03, with the operating entity named and its registration confirmed.
More than twenty years of continuous operation, with a listed insurance company as its parent.
Commission schedules for both local and international markets are published in detail rather than summarised.
The offering is exchange traded securities, so a client seeking leveraged foreign exchange or contracts for difference is not the intended audience.
Account opening is document based rather than online, and no minimum deposit is stated.
Atlantic Securities Review and Assessment
Atlantic Securities is a long established Cyprus broker whose identity, ownership and regulatory position are all consistent and open to inspection. The most important thing to settle before opening an account is product fit: this is an agency securities broker charging commission on exchange traded instruments, and on the international route the account is opened with a third party firm to which Atlantic Securities introduces clients. Read the fee schedules and the account opening disclosures first, because the total cost of a small trade is driven by the per order minimums rather than by the headline percentage.
Website archive
Captured
Website snapshots
8 full-page captures of Atlantic Securities's own site, archived so what they said can still be read after the pages change.
Atlantic Securities holds a tier-1 or tier-2 licence that we confirmed on the regulator's own register. Each licence below opens its record of what that register says.
1 of 1 checked
Licences on recordEvery licence or registration recorded for this broker, whether the broker claims it or our check found it.
1
Confirmed on registerLicences we located on the issuing regulator's own public register, with a screenshot taken at the time.
1
Tier 1 or 2Licences from tier-1 or tier-2 authorities (FCA, ASIC, CySEC and peers), the strongest client protection. A registration we could not confirm as a licence is not counted.
1
OffshoreLicences from offshore registers, which typically carry no compensation scheme and lighter oversight.
0
WIKILIX
Licence intelligence
The only licence on file
Licence Verification Record
Cyprus Securities and Exchange Commission005/03
Wikilix read the CySEC register on Oct 11, 2026. This is what it said.
Reception and transmission of orders in relation to one or more financial instruments
Execution of orders on behalf of clients
Portfolio management.
Safekeeping and administration of financial instruments, including custodianship and related services
Granting credits or loans to one or more financial instruments, where the firm granting the credit or loan is involved in the transaction
Foreign exchange services where these are connected to the provision of investment services
What our check found
A Cyprus Investment Firm authorisation under the EU Markets in Financial Instruments Directive II. It permits receiving and transmitting client orders, executing orders on behalf of clients and portfolio management, plus ancillary safekeeping and administration of financial instruments, granting credit connected to a transaction, and currency conversion connected to investment services. It does not permit dealing on own account, so the firm cannot act as counterparty to its clients, and the foreign exchange permission is a settlement-related ancillary one rather than a retail forex trading licence. Client protection: Strong. EU MiFID II conduct, client-money and best-execution rules apply, the firm belongs to the Cyprus Investor Compensation Fund, and CySEC supervises with real enforcement powers that it has used against this firm. Weaker in practice than a tier-1 regulator such as the United Kingdom's FCA or Australia's ASIC. Effective: 12 May 2003.
Client protection under this licence
Compensation schemeUp to €20000 (ICF)
Client money kept separate
Negative balance protection
Complaints routeCyprus Financial Ombudsman
Maximum leverage1:30
These are the rules CySEC sets for the firms it licenses. They are not a statement about how Atlantic Securities applies them, or about which of its companies would hold your account.
A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.
From 0.4% of trade value plus a flat fee per trade; account opening fee EUR 30 for a natural person
Global AccountInvest
—Not recorded
—Not recorded
0.20% on euro stocks with a 5 EUR minimum per executed order; 2 cents per share on US stocks with a 5 USD minimum
Client acceptance
Country availability
Where Atlantic Securities says it will and won't take clients
No country restrictions on record. We looked and found nothing published — which is not the same as being open to everyone. Check Atlantic Securities's terms.
How we know — 12 sources
1No country is named anywhere on the broker's own website as one it refuses or as one it accepts. All four lists are therefore recorded empty, and that is an absence of any published restriction rather than an unread site: every page of the site was reached this run and the governing documents were read in full.
2Client agreement read in full. The Terms and Conditions of the Agreement for the Provision of Investment and Ancillary Services to Non Professional Investor is published as a document at https://atlanticfs.com/wp-content/uploads/2022/03/TERMS-AND-CONDITIONS-1.pdf and linked from https://atlanticfs.com/account-opening/. Its forty clauses, including Services, Classification of the Client and Client Representations and Acknowledgments, set out no restricted or prohibited jurisdiction, no accepted-countries list and no US-persons clause. Clause 33 makes Cyprus law the governing law of the contract, which is not a limit on who may open an account.
3Clause 28.2(9) of that agreement allows the firm to terminate where the client becomes "subject to sanctions and or restrictive measures issued by the European Union and or any other jurisdiction and or international organisation and or body". That is a sanctions test applied to a person, it names no country, and it is a termination ground rather than an onboarding bar, so no code is recorded from it.
4The client acceptance policy at https://atlanticfs.com/wp-content/uploads/2025/10/Client-acceptance-policy.pdf, linked from https://atlanticfs.com/policies-and-statements/, is the document that governs who is taken on. Its list of client categories that will not be accepted holds exactly two entries, both about conduct: applicants who fail or refuse to supply the required identification evidence within a reasonable period, and applicants convicted of offences related to money laundering or terrorist financing. No country and no nationality appears in it.
5The same policy's high-risk categories cover clients taken on remotely who come from high-risk countries, clients from countries that apply the Financial Action Task Force recommendations inadequately, and clients from countries known for high levels of corruption, organised crime or drug trafficking. Those categories trigger enhanced checks rather than refusal, and none of them names a country, so the wording is recorded here and no code is inferred from it.
6No dedicated countries page exists. The paths /restricted-countries/, /prohibited-countries/, /accepted-countries/, /where-we-operate/, /countries/, /terms-and-conditions/ and /faq/ all return a not-found page. A search of the site for restricted, residents of, jurisdiction, prohibited, US persons, countries, sanctions, eligible and Iran returns no matching page, and the one hit for accept clients is the policies index already read.
7There is no registration form with a country selector, so the site enforces no onboarding country list of its own. Local accounts are opened on paper forms obtained through https://atlanticfs.com/account-opening/, whose only geographic wording is that a signature may be certified by a certifying officer within Cyprus or by a certifying authority in the applicant's own country of residence. The global route at https://atlanticfs.com/account-opening-global/ leads to a consent document that collects a name and an email address only.
8The broker states on https://atlanticfs.com/account-opening-global/, and in its account opening global consent and fee disclosure, that it acts as an introducing broker and that a global account is opened with Interactive Brokers. Any country list enforced at that application therefore sits with the executing firm and is not published on the broker's own site. This is recorded as a gap in what the broker publishes, not as a block.
9The withdrawal request form at https://atlanticfs.com/payment-request/ offers payment only to named Cypriot and Greek banks and to one electronic money institution. That describes the payout rails rather than who may open an account, so no code is recorded from it. The nine tied agents listed at https://atlanticfs.com/tied-agents/ are all located in Cyprus and carry no jurisdiction wording.
10No licence filing was consulted for this reading, and none could set a confirmed block in any case, because a filing describes the services a firm is permitted to provide rather than the residents it refuses. The broker's own authorisation page is a telecommunications indemnity form and states no cross-border scope.
11The footer carries only a copyright line on every page, with no risk disclaimer naming jurisdictions the service is not directed at. The site is published in a single English version: /el/, /gr/, /en/, /fa/, /fa-ir/, /ar/ and /ru/ all return a not-found page and no alternate-language links are declared, although several of the legal documents are published in Greek.
12Iran is recorded in no list. The broker's own site publishes no Persian-language variant, no Persian partner or funding page and no mention of Iran or of local-exchange payment rails, and a search of the site for Iran returns no page.
Deposits & withdrawals
Funding Methods
One way to fund an account.
1 method
Method
Deposit fee
Withdrawal fee
Min deposit
Withdrawal min / max
Processing
Bank TransferBank TransferWithdrawals are paid to a bank account in the client's own name against a signed payment request and an IBAN certificate. The published withdrawal fee is EUR 3 per request.
—Not recorded
EUR 3
—Not recorded
—Not recorded/—Not recorded
Not recorded
Social channels
Social Presence
One official channel on record.
1 channel
Legal entities
Corporate Network
2 legal entities behind the Atlantic Securities brand.
2 entities
Atlantic Securities LtdActiveLicence holderCyprus·Registration HE119857·Established Apr 17, 2001Holds CySECThe operating Cyprus Investment Firm and the holder of CySEC licence 005/03. Confirmed as an active Cyprus entity under registration number HE119857, incorporated 17 April 2001.
Atlantic Insurance Company Public LtdActiveCyprusParent company. Atlantic Securities Ltd states in its own regulatory capital disclosure that it is a subsidiary of Atlantic Insurance Company Public Ltd, a public company incorporated in Cyprus whose business is insurance.
Company registry check
Checked
Company Registration
The operating company is ATLANTIC SECURITIES LIMITED. Registered in Cyprus. Registration number HE 119857.
Verified on registry
Legal entity
ATLANTIC SECURITIES LIMITED
Registration number
HE 119857
Jurisdiction
Cyprus
Incorporated
Apr 17, 2001
Registry
Department of Registrar of Companies and Intellectual Property (Cyprus)
3 other brokers on the record share what Atlantic Securities offers — its country, regulator, account types or platforms — set beside it on the same measures.
Yes. Portfolio management is one of the permissions on the firm's Cyprus Investment Firm licence 005/03, and the company runs an asset management section on its own website alongside its brokerage business. Safekeeping and administration of financial instruments is a further ancillary permission on the same licence.
Exchange traded instruments rather than leveraged retail products. The local markets account covers shares listed on the Cyprus Stock Exchange and the Athens Exchange, where the firm is a member, and the global account reaches shares on international exchanges together with bonds, futures and options. Mutual funds are also available, including a Franklin Templeton range the company lists on its own site. Each instrument class is priced separately in the published commission schedules.
By bank transfer. Bank transfer is the only funding route recorded for the firm, and card or electronic wallet payments are not part of its service. Funds move on banking timescales rather than instantly, and money is returned only to a bank account held in the client's own name, against a signed payment request and an IBAN certificate, for a published charge of EUR 3 per request.
Since 2001. The company was incorporated in Cyprus on 17 April 2001 and states it commenced operations in August 2001. It has been a member of the Cyprus Stock Exchange since 2001 and a remote member of the Athens Exchange since 2006, giving it more than twenty years of continuous operating record.
By telephone on +357 22445400, by email at info@atlanticfs.com, or in person at 37 Prodromou Street, 1090 Nicosia, Cyprus. The company also maintains a Facebook page linked from its own site. It does not publish a live chat service.
The company publishes no list of restricted or accepted jurisdictions on its website, and because accounts are opened on paper forms rather than through an online form with a country selector, there is no enforced onboarding country list to read. Eligibility is settled during the application, so a prospective client outside Cyprus and Greece should raise it with the firm directly before starting.
As a Cyprus Investment Firm the company publishes a clients' money policy and an investors compensation fund policy, and it charges clients an annual investors compensation fund contribution of 0.10% of the highest month-end portfolio value of the previous year, capped at EUR 20 a year. Compensation schemes cover firm failure, not trading losses, and no scheme removes market risk.
The local account gives direct access to the Cyprus Stock Exchange and the Athens Exchange, where Atlantic Securities Ltd is a member. The global account gives access to international exchanges, and the company states plainly that it acts as an introducing broker on that route, so the account itself is opened with Interactive Brokers and the published international fees combine both firms' charges.
Account opening is document based rather than online. The application forms are downloaded, completed and signed, with the signature certified by a certifying officer in Cyprus or a certifying authority in the client's country of residence, and returned with original proof of identity and a utility bill no more than six months old showing the full name and permanent address. A post office box is not accepted. The firm states the trading account is ready within one to three business days.
Withdrawals are made to a bank account in the client's own name. The client signs a payment request naming the bank and the IBAN, attaches an IBAN certificate and identification, and the funds are transferred by the banking system. The published charge is EUR 3 per request.
For the Cyprus and Athens exchanges the firm publishes a web based trading platform, a desktop order entry application and a separate account management tool that cannot be used for trading. For international markets clients use the global trading platform and client portal that come with the introducing relationship described below. The common third party retail foreign exchange terminals are not offered.
On the Cyprus Stock Exchange, from 0.4% of trade value plus 30 cents per trade, with exchange and depository fees of 0.04% and a quarterly depository charge. On the Athens Exchange, from 0.4% plus 25 cents per trade with 0.0325% exchange and depository fees. Internationally, 0.20% on euro stocks with a 5 EUR minimum per executed order, 2 cents per share on US stocks with a 5 USD minimum, 10 per contract on futures and options and 0.20% on bonds, all capped at 1% of trade value. Custody is 0.12% a year.
No maximum leverage figure is published anywhere on the company's site. The licence does include granting credits or loans where the firm granting the credit is involved in the transaction, which is the permission that underlies margin lending, but the terms of any such facility are not stated publicly.
No minimum deposit is published on the company's site for either the local markets account or the global account. What is published is an account opening fee of EUR 30 for a natural person, EUR 70 for a company established in Cyprus and EUR 100 for a company established abroad.
Not as a leveraged retail product. The business is exchange traded securities brokerage. The licence includes foreign exchange services only where they are connected to the provision of investment services, for example converting currency to settle a foreign share purchase, and the international fee schedule prices foreign exchange at 0.01% with a 3 EUR minimum per executed order. A trader looking for leveraged currency or contracts for difference dealing should look elsewhere.
Nothing found in this review supports that. The brand, the operating company, the registered address and the licence holder are one and the same entity, the Cyprus registration is confirmed as active on an authoritative record, and the firm has operated continuously for more than twenty years. That is the opposite profile to a short lived or anonymous operation.
The operating company is Atlantic Securities Ltd, registered in Cyprus under number HE119857 and incorporated on 17 April 2001. The firm states on its own site that it is a subsidiary of Atlantic Insurance Co. Public Ltd, a company listed on the Cyprus Stock Exchange. Its registered office is 37 Prodromou Street, 1090 Nicosia.
Yes. Atlantic Securities Ltd is authorised and regulated by the Cyprus Securities and Exchange Commission under licence number 005/03, and operates under MiFID II. The licence covers reception and transmission of orders, execution of orders on behalf of clients and portfolio management, with ancillary permissions including safekeeping of financial instruments and foreign exchange services connected to the provision of investment services.
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