Wikilix
Atlas logo

Atlas

Regulated
United States
,
Since 2006
Last Updated:
55/100
Overall Score

Trading Conditions

Min Deposit:
N/A
Max Leverage:
N/A
Account Types
ZeroPremiumProfessional

User Reviews

—
Total Reviews
—
This Month
—
Avg Rating

Funding Methods

5 methods

Bank Transfer (ACH Transfer)

bank transfer
5 days
Fee:
Free
Fee:
Free

Debit Card

debit card
Instant
Fee:
1.8%
Fee:
Free

USDT TRC20

crypto
8 hours
Fee:
Free
Fee:
Free

USDT ERC20

crypto
12 hours
Fee:
Free
Fee:
$4

Bank Wire Transfer

wire transfer
2 days
Fee:
Free
Fee:
$20

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 62%, 2: License 74%, 3: Software 50%, 4: Spread 0%, 5: Account Type 32%, 6: Symbol 0%
Regulation
62%Fair
License
74%Good
Software
50%Fair
Spread
0%Poor
Account Type
32%Poor
Symbol
0%Poor

Company Information

Full Name:Atlas Commodities, LLC
Founded:2006
Headquarters:United States
Enterprise Offices:1offices

Customer Support

Phone:
+1 281-407-2500
Live Chat:
business_hours
Response Time:
—
Languages:
English
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Editorial review
Updated

Broker Summary

What Wikilix has recorded about Atlas: its history, the licences it holds, its trading conditions and its fees.

INTRODUCTION AND OVERVIEW

Atlas exists in the market with the goal of operating as a trading broker and financial services firm. Although very little information is publicly available on the firm, the fact that the broker exists in the market reveals the firm’s willingness to provide critical services for the trader.

It is important that one understands the services, regulatory environment, and market conditions of any broker before participating in financial markets. This paper gives an informative presentation of the details available on Atlas, taking note of where details are not available and establishing the scope of the information that the reader needs to know about it.

Background and History

Founded in the year 2006, Atlas Commodities, LLC, which is a wholly owned subsidiary of Iapetus Holdings, is a full-service commodity brokerage firm offering portfolio diversification and hedging services against price risk, serving institutional buyers and sellers, producers, and end-users for all forms of energy – this includes power, natural gas, and crude oil and products. Atlas products and services range from many different derivatives and physical commodities. Each day, Atlas explores global markets, researches, and is current with the most relevant financial news.

Main Characteristics and Advantages

Atlas provides its clients with several options for conducting trade services based on their needs. Although specific information regarding this is not available, this type of brokerage firm is expected to offer the client leverage to trade forex, commodities, stock market indices, and perhaps Bitcoin.

Further, Atlas might focus on user-friendly trading interfaces and tools that assist in market analysis and trading. Such aspects play a crucial role in trading, where traders look for effective trading interfaces.

Trading Instruments

Information about the specific instruments supported by Atlas can not be found. In common with most brokers operating in the industry, Atlas provides various markets to traders.

Trading Platforms

Information regarding the trading platforms offered by Atlas is not mentioned. However, this information has to be sought from brokers, which usually include popular platforms such as MetaTrader 4 and MetaTrader 5, or their in-house platforms for better user experience.

Regulatory Compliance & Licensing

Supervision by a regulatory authority is one of the essential means of determining the believability of any given broker. Unfortunately, there is little insight into the licensing of any kind provided by a regulatory authority that Atlas may be operating under.

Below is a table created from available information regarding the status.

Regulator

License Number

Condition

No data available

—

Conditions of Trading and Platform Technology

The trading conditions, which include spreads, leverage, and minimum deposits, are important information that traders need to understand to know the trading costs and flexibility associated with each broker. Unfortunately, detailed information about the trading conditions provided by Atlas brokers is not publicly available.

Likewise, details about the technological base are not revealed. Usually, brokers do everything possible to ensure they have competitive spreads, leverage ratios, and a preferred initial deposit amount.

Trading Condition

Details

Spreads

Limited Information Available

Leverage

Not Much Known

Fee Structure

The fee structure is a crucial aspect that traders must understand in order to make an informed assessment regarding trading costs. Trading costs could comprise commissions, deposit/withdrawal fees, among other expenses that are related to these services. Unfortunately, Atlas has failed to provide fee details.

It is a problem to establish cost-effectiveness without fees information. Clients should ask brokers directly for a clear understanding of fees involved before opening an account with the broker.

Fee Type

Details

Deposit Fees

Information not available

Withdrawal Fees

Limited information available

Commission

Information is fragmented

Conclusion

Atlas operates as a trading broker in the financial services industry, though information about the company’s background, regulation, and fees is not clear. This is an indicator that due diligence is an essential process for a trader who may wish to use the services of the broker, Atlas. Although the broker might provide necessary trading facilities, the potential client would have to approach Atlas themselves for direct interaction with the concerned entity to remove any ambiguities regarding the intentions of the broker to ensure compatibility. Transparency is always an important ingredient in decision-making within the financial trading environment.

Regulation check

Regulatory Licenses

Atlas is listed with a tier-1 or tier-2 licence that we have not yet checked against the regulator's register. An unchecked licence is not a finding either way.

0 of 1 checked
Licences on record
1
Confirmed on register
0
Tier 1 or 2
1
Offshore
0

WIKILIX

Licence intelligence

The only licence on file

Licence Verification Record

Financial Conduct Authority FRN 969722

Recorded from the firm's own disclosure. Not yet checked against the register.

Jurisdiction
United Kingdom
Authority strength
Tier 1
Licence type
Financial Service
Not yet checked on the register

Client protection under this licence

  • Compensation schemeUp to £85000 (FSCS)
  • Client money kept separate
  • Negative balance protection
  • Complaints routeFinancial Ombudsman Service
  • Maximum leverage1:30

These are the rules FCA sets for the firms it licenses. They are not a statement about how Atlas 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.

Trading accounts
Updated

Account Types

3 account types on record. Minimum deposit from USD 1,000. Leverage up to 1:1000.

3 account types
AccountMin DepositLeverageCommission
ZeroECNNot recorded1:1000$0 per round lot
PremiumVIPUSD 1,0001:500$8 per round lot
ProfessionalVIPUSD 25,0001:500$4 per round lot
Account names and conditions as published by Atlas, recorded by Wikilix.
Deposits & withdrawals

Funding Methods

5 ways to fund an account. 3 with no deposit fee. One credits instantly. The costliest way in is Debit Card at 1.8%.

5 methods
MethodDeposit feeWithdrawal feeMin depositWithdrawal min / maxProcessing
Bank Transfer (ACH Transfer)Bank Transfer1FreeFreeNot recordedUSD 100Not recorded5 days
Debit CardDebit Card11.8%Not recordedNot recordedNot recordedNot recordedInstant
USDT TRC20Cryptocurrency1FreeFreeNot recordedUSD 100Not recorded8 hours
USDT ERC20Cryptocurrency1FreeUSD 3.5Not recordedUSD 100Not recorded12 hours
Bank Wire TransferWire Transfer1Not recordedUSD 20Not recordedUSD 500Not recorded2 days

Broker's notes on these methods

  1. Available to clients in the United States. · applies to 5 methods
Fees, limits and processing times as published by Atlas, recorded by Wikilix.
Trading software

Trading Platforms

One trading platform on record: MetaTrader 5.

1 platform
  • MetaTrader 5 logo

    MetaTrader 5

    by MetaQuotes Software Corpsince 2010Developer site

    MetaTrader 5 (MT5) is a next-generation multi-asset platform for trading Forex, stocks, and futures, with advanced analytics, faster execution, and powerful algorithmic trading tools.

    Runs on

    • Windows
    • Mac
    • Linux
    • Web
    • Android
    • iOS
    • API
    Details
Platforms and download links as published by the broker, recorded by Wikilix.
Legal entities

Corporate Network

One legal entity behind the Atlas brand.

1 entity
  • ATLAS COMMODITIES, LLCActiveUnited StatesRegistration 0801319524Established Dec 25, 2018
Entities named in the broker's own documents and company registers, recorded by Wikilix.
Frequently Asked Questions

Frequently Asked Questions

Common questions about Atlas

Most Popular Questions
Yes, Atlas Commodities, LLC prohibits clients from the USA, North Korea, Iran, and other sanctioned countries. The broker primarily serves clients in the UK, EU, and globally with some exceptions.
Atlas Commodities, LLC supports deposits and withdrawals via Bank Transfer (ACH), Debit Card, USDT TRC20, USDT ERC20, and Bank Wire Transfer. Deposit fees vary, for example, debit card deposits incur a 1.8% fee, while ACH transfers are free. Withdrawal fees range from zero to $20 depending on the method, with processing times from instant to up to 5 business days.
Atlas Commodities, LLC offers the MetaTrader 5 platform, which is available on desktop, iOS, Android, and web trader versions. MetaTrader 5 supports trading in multiple asset classes including Forex, stocks, and futures with advanced analytics and algorithmic trading tools.
Atlas Commodities, LLC is regulated by the UK's Financial Conduct Authority (FCA) under license number FRN 969722. Client funds are protected up to £85,000 through the Financial Services Compensation Scheme (FSCS). The broker operates under onshore regulation with high transparency and complaint mechanisms via the Financial Ombudsman Service.
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