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Pros

Strong reputation and long-standing presence in the market.
Wide range of account types and trading options available.
Quick and efficient withdrawal process reported by several users.

Cons

Regulatory issues, including a suspended license by CySEC, raise concerns about safety.
Reports of slippage and widening spreads during trading.
Mixed reviews on customer service quality, with some users experiencing delays and lack of support.

ACFX broker Accounts

ACFX Account Type

ACFX offers several types of trading accounts to cater to different trading preferences and experience levels:

  • Classic Fixed Spread Account
    • Minimum Deposit: $50
    • Spread: Fixed spread starting from 2.0 pips.
    • Leverage: Up to 1:500.
    • Suitable For: Beginners and small traders.
    • Classic Floating Spread Account
      • Minimum Deposit: $50
      • Spread: Floating spread starting from 1.0 pips.
      • Leverage: Up to 1:500.
      • Suitable For: Intra-day traders seeking the best available spreads.
      • STP Account
        • Minimum Deposit: $50
        • Spread: Variable spread with no minimum spread.
        • Leverage: Up to 1:500.
        • Features: Direct access to liquidity providers with no re-quotes.
        • Suitable For: Traders looking for superior execution.
        • VIP Account
          • Minimum Deposit: $10,000
          • Spread: Starts from 1.7 pips.
          • Leverage: Up to 1:500.
          • Suitable For: Experienced traders with larger capital.
          • Islamic Account
            • Availability: Offered as an option across all account types.
            • Features: Swap-free trading for clients who do not wish to earn interest for religious reasons.

            ACFX Broker Account Opening Process

            To open an account with ACFX, follow these steps:

            • Visit the ACFX Website: Go to www.acfx.com.
            • Choose Account Type: Select the type of account you wish to open (Classic, STP, VIP, etc.).
            • Complete the Registration Form: Fill out the required personal information including your name, email, and phone number.
            • Upload Required Documents: Provide identification documents as per ACFX's requirements (e.g., passport, utility bill for address verification).
            • Initial Deposit: Fund your account with a minimum deposit of $50 via available payment methods (credit/debit cards, bank transfer, e-wallets).
            • Account Verification: Wait for ACFX to verify your account. This may take a few hours to a couple of days.
            • Start Trading: Once verified, you can log in to your trading account using the provided credentials and start trading on the MetaTrader 4 platform.
            • For any assistance, ACFX provides customer support through live chat, email, and phone in multiple languages.

ACFX accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
ACFX Account