Is Atmos Market Legit or Scam?
Atmos Market is not a legitimate broker and should be avoided at all costs. Here are the red flags that indicate it’s a scam:
- Unregulated: They claim to be licensed in Canada and the USA, but they are not registered with any legitimate regulatory body.
- Fake Licenses: They display blurry licenses from FINTRAC and FinCEN, but these agencies don’t license forex brokers.
- Unrealistic Promises: They offer high leverage and tight spreads, but these are often tactics used by scammers to lure investors.
- Unclear Information: Their website lacks crucial information about trading terms, fees, and minimum deposits.
- Shady Tactics: They might pressure you to deposit more money and make it difficult or impossible to withdraw your funds.
Company Overview
Country: | n/a |
License: | None |
Compensation: | No |
Segregated accounts: | No |
Negative balance protection: | No |
Minimum deposit: | n/a |
Spread: | n/a |
Leverage: | 1:100 |
Trading platforms: | MT4 |
Services or Products
Atmos Market claims to offer forex and CFD trading. However, due to their unregulated nature, it is impossible to be sure what, if any, services they provide.
If you have lost money to companies like Crypto Wealth, or 1OTRC; please report it to us on our report a scam form.
Trading Platform & Leverages
Atmos Market claims to offer the MetaTrader4 platform and leverage of up to 1:500. However, considering their lack of legitimacy, it is not advisable to trust their claims.
Spreads and Cost of Trading
Atmos Market claims to offer a fixed spread of 2 pips on the EUR/USD pair. This may seem attractive, but it’s important to remember that the legitimacy and safety of your funds are far more important than seemingly low spreads.
License and Regulations
Atmos Market is not licensed or regulated by any reputable financial authority. They falsely claim to be licensed by FINTRAC and FinCEN, but these organizations do not license forex brokers.
Legal Warning Against Atmos Market
Investing with Atmos Market is illegal in many jurisdictions and carries a high risk of losing your entire investment.
Deposit and Withdrawal Methods
Atmos Market does not disclose their deposit and withdrawal methods on their website. This lack of transparency is a major red flag.
Atmos Market Pros and Cons
Pros | Cons |
None | Unregulated |
None | Falsely claims to be licensed |
None | Risky deposit and withdrawal methods |
None | Unrealistic promises |
Why Dealing With An Unlicensed Broker Is Risky
Dealing with an unlicensed broker like Atmos Market exposes you to numerous risks, including:
- Loss of your entire investment: Unregulated brokers are not subject to any financial oversight and may simply disappear with your funds.
- Manipulation of trading activity: Unregulated brokers may manipulate prices or your account activity to prevent you from making profits.
- Difficulty withdrawing funds: You may face significant hurdles, including hidden fees or refusal when attempting to withdraw your funds.
- Lack of protection: Unregulated brokers are not subject to any client protection schemes, leaving you with no recourse if you experience any problems.
Client Feedback
There are no legitimate client reviews available for Atmos Market. This further strengthens the evidence that they are a scam.
How Can “ReviewsAdvice” Help You If You Get Scammed?
Unfortunately, “ReviewsAdvice” cannot help you recover your funds if you have already been scammed by Atmos Market. However, we can help you by:
- Raising awareness about scams like Atmos Market to protect other potential victims.
- Providing resources and information to help you understand the risks of online trading and how to choose a legitimate broker.
We will provide you recovery service recommendations, which will help you in recovering the lost funds or you can report to us today by the below form.
Get Your Money Back from Scammers.
Final Thought
Atmos Market is a clear scam with no redeeming qualities. Do not invest with them under any circumstances. If you are considering trading forex or CFDs, do your research and choose a reputable, licensed broker.
