ACCFX

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Advantages:

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Disadvantages:

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About company:

ACCFX is an ECN Forex broker offering a wide range of instruments, from currencies to spot metals. The company serves investors from all over the world.

Company. Fund security

ACCFX is a trademark of Alpha Capital Markets. This company is registered in Saint Vincent and the Grenadines and is regulated by the local FSA.

The broker works in an offshore zone, where, as you know, quite loyal working conditions are presented. Nevertheless, the broker claims to keep client funds in segregated accounts in reliable banks with a worldwide reputation, and ACCFX also protects client funds using internal established rules. For example, each client goes through a rigorous verification process.

Regulation of offshore organizations is better than no regulation at all. But we recommend that traders be more careful when working with an offshore broker and read the reviews about him at the end of the description.

Trading conditions

ACCFX offers its clients three types of accounts for Forex and CFD trading. Trading conditions change depending on the size of the initial deposit. Islamic (swap-free) accounts are also offered.

Minimum initial deposit

ACCFX requires a minimum initial deposit of $ 100. This is a rather lucrative offer, although many brokers offer a deposit below, for example, $ 50 or even $ 1. However, $ 100 may not be enough for you to earn enough. But, on the other hand, if you are just learning to trade, then $ 100 is a great start.

Spreads and commissions

Spreads in ACCFX differ between different types of accounts. On average, the spread for the EUR / USD pair reaches 1.6 pips.

Leverage

ACCFX offers a maximum utilization ratio of 1: 500. This is a fairly common proposal in the industry. Usually brokers set a lower leverage on accounts with large deposits. Nevertheless, the trader can always choose the amount of leverage or not use it at all.

Trading platforms

ACCFX provides its services via MetaTrader4 (MT4). It is the most popular Forex platform. First, there are many customizable tools designed for it. MT4 also has great graphics that technical analysts love, a user-friendly interface, multilingual support, and allows pending orders. On the other hand, the platform lags slightly behind if too many instruments are loaded at the same time (over 200). This, however, also depends on your PC's hardware.

Support service

ACCFX has a helpful FAQ section on their website. Several phone numbers are also available to enable investors to contact the most appropriate team to address a specific request. The specialists communicate in English, Russian and Arabic. You can also contact the specialists by e-mail, as well as a dedicated address for partner support. Contact numbers are also provided for UK and Russian offices.

The site is available in English and Arabic.

Support does not offer Skype or live chat options.

The support works 24/5.

Ways of payment

ACCFX offers a variety of payment methods. These include wire transfers, credit / debit cards, almost all of the most popular e-wallets: Neteller, Skrill, WebMoney, China Union Pay, CashU, Paysafe Cards, Perfect Money, Qiwi Wallet, iDeal, GiroPay, Lobanet, Poli Interenet Banking.

Pros:

MT4 is available; there are many payment methods available.

Minuses:

offshore broker.

FAQ - BROKER QUESTIONS ACCFX

Do trader reviews affect the rating of ACCFX?
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Can the broker ACCFX be considered honest?
Before any trading and choosing a broker, you should always read reviews on our portal, as well as on other resources. Brokers that are honest have a rating above 3.8. There is also always a risk of losing investments when trading CFDs. Be careful and read the risk warning on the broker's website. ACCFX received a rating of 1 out of 5 on our resource.