ANSWER Dear Investor,
Atlas Brokers does not disclose any regulatory status and currently claims only to be registered in Saint Lucia, with an additional office presence in South Africa.
Our investigation confirms that a company named Atlas Prime Ltd. is listed in the Saint Lucia International Financial Centre (IFC) registry. However, please note that this registration only grants International Business Company (IBC) status, which does not constitute a valid financial services or forex trading license. The Saint Lucia IFC does not regulate or authorize brokerage activities.
Furthermore, a search of the Financial Sector Conduct Authority (FSCA) in South Africa reveals no record of Atlas Prime Ltd. or any entity linked to Atlas Brokers. This means the firm is not authorized to operate as a broker in South Africa either.
In effect, Atlas Brokers holds no legitimate trading license in any jurisdiction and appears to be operating without proper authorization. Therefore, we do not recommend investing with Atlas Brokers and strongly advise you to avoid this platform.
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