Atom8 | Vantage Prime Review (2023)

What is Atom8?

Atom8 recently known as Vantage Prime is a London based ECN Broker that gives access to FX and spread-betting with a simple, yet very powerful model of operation. The broker designed its trading conditions and offering for both individuals and professional clients to uniquely benefit from unparalleled liquidity.

One of the great advantages with Atom8, is that you may start with initially small account size and get access to Vantage Prime liquidity pool which traditionally requires much higher minimum deposits.

This became possible due to selected price feeds and the closest relationship of Vantage Prime together with its known brand Vantage FX. 

Vantage FX was founded in 2009 by a specialized team with a background in Finance, FOREX and Technology, which constantly shows great strives to maintain powerful trading capabilities, discover more about Vantage FX.

Is Atom8 safe or a scam?

Vantage Prime or Atom8 broker takes regulation and security very seriously since providing a transparent trading environment as a UK based brokerage.

Therefore, Atom8 is a safe broker that fully complies with strict financial regulations and holds a reputable FCA (Financial Conduct Authority) license that establishes financial business compliant to best practices. Overall, being a UK regulated firm, FCA ensures legal background a firm obliged to together with the safety of funds, reliability, personalized customer care and alignments of interests towards clients.

In accordance with FCA Regulatory Guides, the company also provides Professional Indemnity Insurance along with compensation schemes in case of insolvency to ensure money is protected. Which is covering each client up to £50,000 as set by the FSCS.

Leverage

As usually it happens with regulated brokers, Atom8 falls under regulatory restrictions towards each proposal they maintain. Therefore, having an account with UK Vantage Prime broker traders falling under ESMA regulatory restrictions for retail traders due to risks involved.

• So a maximum possible leverage set to a 1:30 for Forex instruments and 1:10 for commodities. Nevertheless, professional traders or institutions may apply for higher leverage ratios once the compliance is completed.

Account types

Vantage Prime or Atom8 brings  two types of accounts that diverse by the options either with costs built on a commission basis or only through the spread, Vantage Prime Pro or Vantage Prime Trader. Also, accounts may be defined as a Standard FX or CFD account either Spread Betting one, which gives you great diverse to choose the best option according to the trading strategy you deploy.

Fees

Vantage Prime Trader account is accessible through the Vantage Prime Trader platform and is a spread only account, starting from 0.6 pips with zero commissions.

Respectively, Vantage Prime Pro is an account based on Atom8 Trader platform which gives you access through its ECN bridge to currency pairs and metals, while fees are built into commission from £1.50 PER 100K and interbank spread from 0.25 pips.

See below a comparison of spread in Standard account below, for instance also well compare fees to another popular broker BlackBull Markets.

Atom8 Overnight fee

Another cost, which you should take into consideration is an overnight fee or swap rate which is paid on positions held longer than a day. However, Vantage Prime overnight rates are among the most competitive in the industry and maybe checked directly through the platform.

Deposits and Withdrawals

Vantage Prime or Atom8 clients having various options to fund a trading account, while ways to send money including bank transfers, online credit or debit card payments, as well as by Cheques from UK residents.

Also, keep in mind there are some additional fees may be waived in case you use a payment method or another. You may see the costs for account funding below.

Minimum deposit

Vantage Prime Trader and Vantage Prime Pro minimum is £2,000 as a start. Even though the amount might be not a good option for the beginning traders if look closer it is quite reasonable money to access trading solutions Atom8 delivers.

Vantage Prime minimum deposit vs other brokers

Atom8 withdrawal fee

The abovementioned fees are also charged with respect to withdrawals too, which is solely a coverage of the payment provider fees.

Trading Platforms

As for the trading platforms, Atom8 offers a choice between intuitive yet comprehensive software designed for traders of different sizes and combining simplicity for manipulation. There is a choice between proprietary platform Vantage Prime Trader, Atom8 Trader platform and an industry known MT4.

Desktop platform

The proprietary platforms allowing detailed monitoring over the markets and very advanced add-on technical analysis tools, available for the free use, of course, available in different versions for PC or Mobile devices.

Vantage Prime took it seriously to develop great software for professional and institutional trading and with our opinion can be truly proud of it. Nevertheless, in case you still prefer to use MetaTrader4 it’s all up to you, as also Atom8 does not restrict the use of EAs, automation and various strategies.

Education

So while trading with Atom8 you will get super-fast trading execution, great prices through interbank grade RAW ECN spreads and STP execution. All available on a number of instruments including Forex, Precious metals on CFDs and spread betting available for UK residents accompanied by the learning materials and free tools from Vantage Prime.

As well as numerous trading possibilities for investments including PAMM accounts, institutional Prime access, automation of strategies and of course powerful risk control over your positions.

Conclusion

Overall, Vantage Prime or Atom8 continuously strives to ensure its service is better and quite competitive to anything else on the market proves its great advantages for you as a trader. Also, being an ECN broker, the company stands for strong integrity and great execution through its numerous liquidity providers and the Interbank Forex market. Generally, with our opinion Vantage Prime offering may be a better option for traders of bigger size and experience due to its conditions and proposals.

Atom8 Updates

Atom8 website is not active, check Vantage Prime offering,