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ACCFX review

ACCFX


On-line since: 2013
Country of origin: Saint Vincent and the Grenadines
Regulation: FSA
Payment options: bank wire, credit cards, electronic payment systems
Minimum account size: $100
Minimum lot size: 0.01 lot
Leverage: up to 1:500
Spreads: variable from 0 pip

About the company:

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

Company. Security of funds

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 operates in an offshore zone widely known for offering light regulatory requirements. Nevertheless, the broker claims that it keeps customers' funds on segregated accounts in world-famous banks, and ACCFX also protects customers' funds using internal rules. Each client, for example, undergoes a strict verification procedure.

Regulation of offshore-based organizations is better than the absence of regulation. But we recommend that traders be more cautious when working with an offshore-based broker and study the feedback on it at the end of the description.

Trading conditions

ACCFX provides its customers with three account types for forex and CFD trading. Trading conditions vary depending on the initial deposit size. Islamic (swap-free) accounts are also available.

Minimum initial deposit

ACCFX requires $100 as a minimum initial deposit. This is a very advantageous offer, although many brokers offer a smaller deposit, for example, $50 or even $1. Nevertheless, the amount of $100 might not be enough to make you earn sufficient income. But on the other hand, if you are just learning to trade, $100 is a great start.

Spreads and commissions

In ACCFX, spreads depend on an account type. On average, the spread on the EUR/USD pair amounts to 1.6 pip.

Leverage

ACCFX offers a maximum leverage level of 1:500. This is a fairly common offer in the industry. Brokers usually set a lower level of leverage on accounts with large deposits. However, a trader can always choose the leverage size or not use it at all.

Trading platforms

ACCFX provides its services through MetaTrader4 (MT4). This is the most popular platform on Forex. First, a lot of customizable tools are designed for it. Technical analysts choose MT4 for its excellent graphics, user-friendly interface, multilingual support, and pending orders. On the other hand, there might be time lags if too many tools (more than 200) are loaded at the same time. However, it also depends on the hardware of your PC.

Support service

ACCFX has a useful section with frequently asked questions on its website. There are also several phone numbers that allow investors to contact the right team which will be able to answer a specific request in English, Russian, and Arabic. Besides, you can contact specialists by email, there is also a dedicated address for affiliate support. Contact numbers are also provided for offices in the UK and Russia.

The website is translated into English and Arabic.

The customer service is not available via Skype and live chat.

Support operates in a 24/5 mode.

Payment methods

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

Advantages:

  • MT4;
  • variety of payment methods.

Disadvantages:

  • offshore-based broker.

ACCFX 1/10 (votes 2229)
Author of ACCFX: Boncoeur | Date 2024-11-21
I have experienced professional trading services with ACCFX. Their trading platform is the fastest, and I got perfect execution and secure payment service. I made a $560 profit in the risky market. Now, I am investing more in ACCFX.
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Author of ACCFX: Smith | Date 2022-05-19
ACCFX is totally worst broker ever. I won't recommend this broker to anyone. I've lost there a lot of money. They are not doing anything and they seem to be not interested, besides saying it's all the client's fault. Last week, I've lost $440 in single trade due to slow executions on the platform and hung for almost a minute. I've sent a report regarding that problem, but they are ignoring me. You all stay away from this broker. They are an irresponsible broker, not professionals.
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Author of ACCFX: KerryLVaughan | Date 2022-04-11
I have been trading with ACCFX and I say they are one of the best brokers in the market. My first deposit was $50, but I can make $300 so far. As I have found a good execution on the MT4 platform and I never get slippage or high spreads on news time. I have already withdrawn 4 times until now through Skrill and they sent money into my account within six hours. Such a great broker I would recommend ACCFX to anyone!
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Author of ACCFX: Wiz | Date 2021-04-20
I don't recommend this broker at all. They have very slow on stop-loss and take-profit, and they randomly close winning positions. They lack integrity and professionalism. Also, they have bad customer service, they don't solve customer problems and don't answer your questions properly. Stay away from this broker.
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Author of ACCFX: Vishua | Date 2021-03-09
Before ACCFX I had problem with 3 other brokers, now I start trading with them. In my trading experience with ACCFX I did not faced any single problem. No hidden charges, crystal clear services, and no additional pain. They have very good spreads and highest leverage which is very helpful to me. Moreover, new trader can get upto $100 no deposit bonus. I do believe that ACCFX is one of the best brokers.
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Author of ACCFX: Nandor | Date 2021-01-04
I am currently trading with ACCFX. It has only been three months since I started. So far, the experience is decent. However, their platform is a little unstable. It does not always run smoothly. I am still able to earn a few profits but there has been some missed opportunity because of technical issues in the platform.
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Author of ACCFX: Farshad | Date 2019-04-07
This is a fraud company, I do not recommend it to any investment.
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Author of ACCFX: RexLee | Date 2019-03-12
Has anyone here been cheated by ACCFX like me? The contract that I expired in December last year has not received any money so far. This company is a lie, please don't send money to them anymore!
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Author of ACCFX: Farshad | Date 2019-04-07
This is exactly the same problem that happened to me.
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