Atom8 is the trading name of Atom8 Financial Services LLP, which was acquired by Australian Vantage Global Prime Group in October 2017. They also operate the Vantage FX brokerage brand.
A Quick Overview of our Atom8 Review:
- ✔️Who is Atom8?
- ✔️Safe or Scam?
- ✔️Pros and Cons
- Leverage
- Accounts
- Market Instruments
- Fees
- Deposit and Withdrawal
- Trading Platforms
- How to open an account
- Customer Support
- Education
Atom8 itself was launched in 2013 by a lawyer with the intention to capture the essence of the retail FX trading market in a trading product and environment suitable for successful FX trading.
Who is Atom8?
According to research in South Africa, Atom8 or Vantage Prime is an electronic communications network (ECN) broker and is based in London. The UK-based company is authorized and regulated by the Financial Conduct Authority (FCA).
Atom8 became popular for creating trading products that allow traders to invest in the FX markets in a way that suits them all and guarantee the best opportunities for trades.
Atom8 does not promise any extravagant results, neither does it pretend to be more than what it set out to be.
As A broker Atom8 concentrates on acquiring a stable base of clients that will continue to trade with them, regardless of other attractions in the market or from competing dealers.
Due to the honest and transparent nature of its brokerage account, Atom8 hopes to establish a trusted presence in the market.
Atom8 has succeeded in this mission since despite being only in operation since 2013, it has already managed to acquire a large customer base, sufficiently to offer its customers access to the best interbank liquidity at the most competitive prices.
Atom8 gives traders access to FX and spread betting with simple but powerful operation models. The broker has designed its trading conditions and offerings so that it can be used by both individuals and professional clients to benefit from unparalleled and unique liquidity.
As a so-called ECS forex broker Atom8 specializes in providing services for online trading currency pairs and other by-products like contracts for difference on shares, precious metals, indexes, options, and more.
Atom8 also delivers additional financial services to the industry, including financial betting and auxiliary services aimed at improving the trading experience for traders.
Safe or Scam?
One of the best benchmarks to measure the safety of a broker like Atom8 is to establish which regulating authorities are watchdogs over its actions.
Vantage Prime or Atom8 broker takes regulation and security very seriously and as a UK-based brokerage provides a transparent trading environment, following all necessary guidelines and adhering to regulations.
The company holds a reputable FCA (Financial Conduct Authority) license that ensures financial business compliance to all best practices. Atom8 can therefore be accepted as a safe broker company that fully complies with the strict financial regulations.
The UK regulation by FCA ensures legit background behavior and obliges the firm to guarantee the safety of clients’ funds, reliability in all aspects, personalized customer care, and alignments of interests towards clients.
As required by FCA Regulatory Guides, the company also provides Professional Indemnity Insurance along with compensation schemes in case of insolvency. According to this, each client will be covered up to £50,000 as set by the FSCS.
Pros and Cons
| PROS | CONS |
| 1. Good customer service from real traders | 1. Large initial deposit required |
| 2. Free API feed for traders | Spread betting account only available in the UK and Ireland. |
| 3. Free Automatic Chart Patterns | |
| 4. Instant signals/ setups on your charts | |
| 5. Multi-currency customizable PAMM set-up | |
| 6. Free market commentary | |
| 7. Free tools and indicators | |
| 8. FCA-regulated | |
| 9. Variety of trading platforms available | |
| 10. Relatively low spreads | |
Leverage
Leverage is a facility that enables you to get a much larger exposure to the market you’re trading than the amount you deposited to open the trade. Leveraged products, such as forex trading, magnify your potential profit – but also increase your potential loss.
As is the case with regulated brokers, Atom8 falls under regulatory restrictions towards each transaction they uphold.
Therefore, having an account with Atom8 or UK Vantage Prime broker, traders resort under ESMA regulatory restrictions for retail trades due to the risks involved.
A maximum possible leverage for their transactions is set to 1:30 for Forex instruments and 1:10 for commodities. Professional traders or institutions may apply for higher leverage ratios though, once the compliance is accomplished.
The maximum Atom8 leverage available is restricted to 1:200, although clients can realistically expect maximum leverage of 1:100.
The broker also reduces the leverage to as low as 1:30 when the market closes during the weekends, which can catch out traders who are trading on higher margins.
Overnight traders should therefore be careful about using high leverage since changing margin requirements over weekends can cause margin calls, which can result in major losses.
Accounts
Often, the number and type of accounts that a trader can open with a broker company differ depending on the country in which it operates and the regulatory authorities under whose jurisdiction it falls.
In the case of Atom8, the company aims to simplify the concept of Forex trading by offering an ECN account as the standard for all of its traders.
Atom8 is not designed for small traders, scalpers, or high-frequency traders, especially due to the stringent trading conditions imposed on its clients.
Atom8 only provides two types of trading accounts, both of which are based on the ECN platform. There are no significant differences between the two ECN accounts, with the primary difference being related to the commission associated with trading transactions.
The Commission-Free account entails a higher spread, while a Raw Spreads plus Commission account offers ultra-tight spreads but at the cost of paying a commission per trade.
Both accounts have access to all 52 currency pairs, commodities, and precious metals, and can be opened as either an FX account or a spread betting account. The spread betting account is only available to residents of UK and Ireland.
The minimum deposit to open an account with is £5,000, which is generally seen to be a huge amount for any FX brokerage.
Atom8 justifies its higher cost of entry by offering world-class brokerage services for all types of traders without any other difference, but it poses a definite disadvantage for retail traders who have far less money to use as their trading capital.
Elsewhere traders can choose between a Standard Retail Account, Premier Retail, and Elite Retail account. First-time traders may also first open a pure demo account to get the swing of things.
Market Instruments
Atom8 broker team constantly works on improving the quality and expanding the range of financial products offered, hence they are always tracking feedback from traders and customers on online forums and social networks.
This results in Atom8 offering traders trade without interference from its part as a dealing centre, but with the advantage of super-fast trading execution, great prices through interbank grade RAW ECN spreads and STP execution.
All of these are available for UK residents on a number of instruments that include Forex, precious metals on CFDs and spread betting.
These instruments that are available are accompanied by the relevant learning materials and free tools from Vantage Prime.
Numerous other trading possibilities for investments including PAMM accounts, institutional Prime access, automation of strategies and of course powerful risk control over your positions.
Atom8 is a spread betting broke that offers over 40 forex currency pairs, 20CFDs, gold and silver for your personal investment and trading options. All of these instruments are available on the Atom8 Trader Pro (Java) or MT4 Platforms.
Fees
Due to its global presence a broker may offer various account types that may differ according to the regulation entity to which it complies, therefore clients may experience different fee structures too, according to their country or place of residence.
Vantage Prime or Atom8 offers two types of accounts that differs in their options either with costs, built on a commission basis, or only through the spread.
The Vantage Prime or Atom8 trader account is accessible through the Vantage Prime Trader platform. It is a spread-only account, starting from 0.6 pips with zero commissions.
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.
Potential traders should also compare these options and fees of Atom8 with that of other competitive brokers, to find out which would work best for them.
Traders should also take into account that an overnight fee or swap rate has to be paid on positions held longer than a day. This broker’s overnight rates are among the most competitive in the industry though and may be checked directly through the platform.
Deposit and Withdrawal
Vantage Prime or Atom8 clients can make use of various options to fund a trading account, including bank transfers, online credit or debit card payments, as well as by cheques from UK residents.
More specifically, deposit options include bank wire, credit card, debit card, check, faster payments and SEPA.
Traders should also keep in mind that some of these payment methods may have some additional fees attached.
It is best to visit the broker’s website and look up the different costs for account funding.
UK clients have to start with a minimum deposit amount of £2,000 for both account types, Vantage Prime Trader and Vantage Prime Pro.
Although the amount might be very high for beginner traders a closer look may show that it is quite reasonable, taking into account the access to the trading solutions Atom8 offer.
The same kind of fees are also charged when withdrawals are made, which is actually there to cover the payment provider costs. The withdrawal options include bank wire, faster payments and SEPA.
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10 Best Forex Brokers in South Africa for 2025
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Official Site
Trading Platforms
Atom8 offers a choice between the proprietary platform Vantage Prime Trader, Atom8 Trader platform and the popular MT4.
Traders can choose from several Atom8 trading platforms that include:
- Atom8 home
- MT4
- Atom8 Trader
- Atom8 Trader Pro
- Atom8 Web Trader
- Atom8 Android App
- Atom8 iOS App
Their proprietary platforms allow detailed monitoring of the markets and hold very advanced add-on technical analysis tools, available for free use, in different versions for PC or mobile devices.
Vantage Prime or Atom8 made a great effort to develop excellent software for professional and institutional trading. Atom8 has also designed several proprietary Atom8 interfaces that are designed for Windows, Mac, and Web Trader platforms.
These desktop-based trading terminals offer a superior graphical interface to existing platforms and are easy to learn as well as trade. Traders have unparalleled access to several advanced analytical tools, indicators, charting software, and educational resources to perform extensive market research.
The Atom 8 Trader and Atom8 Trader Pro versions are similar to each other in many ways, apart from the fact that the Atom 8 Trader platform is used for manual trading, while the Atom8 Trader Pro platform is used for automated or Algo trading.
A Web Trader is available to clients who don’t have access to a dedicated computer as well as for those who wish to trade the markets while on the move.
The Atom8 mobile trading platforms such as the iOS and Android Atom8 apps are designed purely for mobile devices such as smartphones and tablets.
MT4 is the standard interface that is used by a majority of Forex traders, hence traders that may prefer to use MetaTrader4 can still do it. On the other hand, Atom8 does not restrict the use of EAs, automation and various strategies.
How to open an account
The Atom8 review is simple and easy.
Traders that visit the Atom8 website, will find it easy to open an account. The opening procedures for both the demo account and a live account is clearly set out in just a few easy steps.
For opening a demo account, the first step entails registration, the second step asks for some personal information of the client and during the third step the registration process is completed.
The process for opening a live trading account is just as uncomplicated, keeping in mind that the account, once registered, has to be funded.
Once again, the first step is the basic initiation and application for registration, followed by a second step where the personal information of the client is asked and during the third and last step the registration is completed.
Customer Support
Potential traders need to make sure the broker company they chose will offer support and help whenever they may need it. In the case of Atom8 or Vantage Prime 24 hour support is available where traders can find expert advice.
Customers that want to make use of it, can contact the broker via phone, email, or live chat on the website.
Traders can contact Vantage Prime during Forex market hours, 24 hours a day, and 5 days a week.
Education
Before starting to trade, potential clients of Atom8 should avail themselves of all possible information and trading skills needed to be successful in the world of forex and commodity trading.
If Atom8 or Vantage Prime’s website itself does not provide enough means, a trader should explore other informative websites and means to obtain that knowledge.
Research
To be able to trade with confidence and success, potential traders should do as much as possible research about this kind of speculative trading before commencing, but also preceding every daring deal.
This will ensure that they don’t lose money unnecessarily and on the other hand to trade as profitable as possible.
Traders have extraordinary access to several advanced analytical tools, indicators, charting software, and educational resources to perform extensive market research.
In partnership with Vantage Prime, your brokerage business is elevated to the next level with full custom branding across the entire MT4 brokerage suite.
Vantage Prime White Label solutions allow full control while gaining access to a trusted provider free of restrictions.
Awards
Since being an awarded company instills extra confidence by traders, Atom8 or Vantage Prime has been recognized worldwide by a number of highly respected organizations and publications for its superior offering and premium level service as a forex broker.
Conclusion
Atom8 or Vantage Prime can be summarily described as a company worth to be tried out by potential traders, knowing that they continuously strive to ensure its service is competitive with advantages for you as a trader.
The company stands for strong integrity and great execution through its numerous liquidity providers and the Interbank Forex market.
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Disclaimer
Atom8 warns all potential customers that Forex and CFDs trading always carries a high level of risk and may not be suitable for all investors.
Before deciding to trade the foreign exchange products offered by Atom8, potential traders are advised to carefully consider their investment objectives, financial situation, needs and level of experience before investing money they cannot afford to lose, According to research in South Africa.
