Atropi

Atropi broker (Atropi) is the trade name of ATROPI LTD, a company registered on the island of Mohéli, Comoros, which offers its services on MetaTrader 5 in four languages, including Persian. The broker's website advertises 850 trading instruments, raw spreads from zero pips and leverage up to 1:1000. In this overview, the Teagle editorial team has reviewed Atropi's accounts, payment methods and, in particular, its legal status and contract clauses based on Teagle's data.

What kind of broker is Atropi?

Atropi is registered in Mohéli under registration number HY01223067, and Iran is not on its list of restricted trading regions. It has a Persian website, and Teagle's tags list it with "services to Iran", cent account, instant verification, copy trading, ECN account, Islamic account, scalping, hedging and expert advisor use. Its additional services include bonuses, rebates, copy trading, an economic calendar and calculators. According to Teagle's expert, the client agreement is now published in full, and the deposit and withdrawal page has also been completed compared with the previous review.

Atropi broker licenses and credibility

Atropi's biggest uncertainty is its regulatory credibility. Teagle's listing records one active license from Mwali International Services Authority (MISA) , and the broker cites license number T2023422 from this authority. However, the Central Bank of the Comoros, in a written response, has called this body a "fictitious entity" with no legitimacy or legal basis to issue licenses to financial companies. At best, this license is offshore and very weak, while the website's homepage uses phrases such as "licensed and regulated broker" and "strict global oversight". To understand the gap between this claim and real oversight, read the regulation tier guide and the article the difference between offshore and onshore brokers .

Key clauses of the Atropi agreement

Teagle's expert considers several clauses of the agreement essential reading before opening an account:

• Clause 25: The governing law and arbitration venue is the Comoros, and the arbitrator must be appointed jointly; this means arbitration cannot begin without the broker's agreement.
• Clause 26: covers an account called "Platinum" that is not presented on the website; according to the agreement, this account has a 30% bonus up to a cap of $3,000, but restrictions are defined for it, such as sensitivity to trades shorter than 5 minutes and the possibility of profits being cancelled and withdrawals rejected on directional positions (clause 26-4 and the sixty percent condition).
• Clause 7: contradicts the homepage's claim of negative balance protection.
• Clause 18: The company may amend the agreement at any time without prior notice.

The three documents on AML/KYC, complaints and privacy are listed by title only and have no working links.

Atropi trading accounts

All three accounts are offered on MetaTrader 5, with a minimum volume of 0.01 lot, a minimum deposit of $10 and an Islamic version:

• Nano account: fixed spread, no commission, leverage up to 1:1000; forex, metals and stock symbols.
• Standard account: floating spread from 0.5 pips, no commission, leverage up to 1:500; plus CFDs, energy and futures.
• ECN account: raw spread from zero pips, $5 commission, leverage up to 1:500 and access to indices and cryptocurrencies.

The stop-out level for the Nano and Standard accounts is stated as zero percent; this means the automatic position-closing mechanism is effectively disabled and a position stays open until the entire balance is wiped out. Combined with 1:1000 leverage on an account the website describes as suitable for beginners, this is dangerous; before anything else, read the articles leverage and leveraged trading and margin in forex . Teagle's expert also reported that three different figures for the minimum deposit appear on a single page.

Deposits and withdrawals at Atropi

Deposits with eight cryptocurrencies (BTC, ETH, LTC, BNB, USDT, USDC, TRX and XRP) are instant, free and start from $10, and the network fee on withdrawals is paid by the client. PayPal, Perfect Money and Visa and Mastercard are also listed with no internal fees. Withdrawals submitted before 12:00 GMT are processed the same day. Bank wire is only available to VIP and institutional clients with deposits above $50,000. The inactivity fee after three months is $25 or the entire balance (whichever is less).

Atropi's score and risk on Teagle

Atropi's final score on Teagle is 2.4 out of 5: Trustpilot 3, WikiFX 2.19 and Teagle expert 2; no reviews from Teagle users have been submitted yet. Its Teagle Eye risk index is 55 out of 100, in the "medium risk" category. This index calculates operating history based on the registered founding year, which does not clearly match the brand's history; so consider the real risk to be higher than this figure.

Pros and cons of Atropi broker

• Pro: $10 minimum deposit and three clearly differentiated accounts
• Pro: eight cryptocurrencies with instant deposits and a clear withdrawal timing rule
• Pro: Persian website and support for expert advisors and hedging
• Con: license from an authority the Central Bank of the Comoros has called fictitious
• Con: zero percent stop-out alongside 1:1000 leverage
• Con: contract clauses giving the broker broad discretion and arbitration in the Comoros
• Con: inactivity fee, and bank wire only for very large amounts

Who is Atropi suitable for?

The Teagle editorial team does not recommend Atropi as a primary option. It is not suitable for beginners, significant capital, long-term directional position traders or anyone who needs effective legal recourse. If you knowingly accept this risk, only enter with money you can afford to lose entirely, and make sure you have read clauses 7, 25 and 26. Before deciding, set it against a more established broker in the Atropi vs. AMarkets comparison .

Conclusion

On the surface, Atropi offers cheap entry and simple accounts, but its disputed license and contract clauses create high legal risk. Ask support in writing about the stop-out and negative balance policy, start with the smallest amount, make a test withdrawal and follow the warnings on the Teagle risk warning page .