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Rating Index

Pros

Reliable partnerships with well-known insurance companies like Allianz and AXA, ensuring strong backing for their policies.
A wide range of insurance products tailored for expatriates, covering various needs such as travel, medical, and business insurance.
Long-standing experience of over 40 years in the industry, which can instill confidence in their services.

Cons

Lack of regulation and oversight, which raises potential concerns regarding the security and reliability of their services.
Claims procedures can be cumbersome, requiring original documents to be mailed to their office in Paris, which may delay reimbursements.
Limited coverage options in certain plans, particularly regarding emergency evacuation, which could be critical for expatriates in remote areas.

ACS broker Accounts

acs Account Types & Opening Guide 2025: Complete Comparison and Registration Steps

Part 1: acs Account Types Overview

acs Account Types Explained

acs offers several account types to cater to different trading needs and profiles. Below is a detailed overview of each account type:

1. Standard Account

  • Minimum Deposit Requirement: $100
  • Spread/Commission Structure: Variable spreads starting from 1.0 pips; no commission.
  • Leverage Options: Up to 1:500.
  • Key Features: Ideal for beginners; access to all trading instruments.
  • Target User Profile: Beginners and casual traders.
  • Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

2. ECN Account

  • Minimum Deposit Requirement: $500
  • Spread/Commission Structure: Raw spreads starting from 0.0 pips; commission of $3 per lot.
  • Leverage Options: Up to 1:200.
  • Key Features: Direct market access; lower spreads; suitable for scalpers.
  • Target User Profile: Advanced traders and scalpers.
  • Trading Instruments Available: Forex, commodities, indices.

3. Pro Account

  • Minimum Deposit Requirement: $1,000
  • Spread/Commission Structure: Variable spreads starting from 0.5 pips; commission of $2 per lot.
  • Leverage Options: Up to 1:300.
  • Key Features: Enhanced trading conditions; priority execution.
  • Target User Profile: Professional traders and institutions.
  • Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

4. Islamic Account

  • Minimum Deposit Requirement: $100
  • Spread/Commission Structure: Similar to the Standard account; no swap fees.
  • Leverage Options: Up to 1:500.
  • Key Features: Complies with Sharia law; no interest on overnight positions.
  • Target User Profile: Muslim traders.
  • Trading Instruments Available: Forex, commodities, indices.

5. Demo Account

  • Minimum Deposit Requirement: N/A (virtual funds).
  • Spread/Commission Structure: Same as Standard account.
  • Leverage Options: Up to 1:500.
  • Key Features: Practice trading without risk; access to all instruments.
  • Target User Profile: Beginners and those testing strategies.
  • Trading Instruments Available: Forex, commodities, indices, and cryptocurrencies.

Account Type Comparison Table

Account Type Minimum Deposit Spread (Pips) Commission Leverage Target User Profile
Standard $100 From 1.0 None 1:500 Beginners
ECN $500 From 0.0 $3/lot 1:200 Advanced Traders
Pro $1,000 From 0.5 $2/lot 1:300 Professional Traders
Islamic $100 From 1.0 None 1:500 Muslim Traders
Demo N/A From 1.0 None 1:500 Beginners

  • Beginners: Standard Account, Demo Account
  • Intermediate: Pro Account
  • Advanced: ECN Account

Part 2: acs Account Features Comparison

Detailed acs Account Features

Below is a comparison of features across different acs account types:

Feature Standard Account ECN Account Pro Account Islamic Account Demo Account
Minimum Deposit $100 $500 $1,000 $100 N/A
Maximum Leverage 1:500 1:200 1:300 1:500 1:500
Typical Spread From 1.0 pips From 0.0 pips From 0.5 pips From 1.0 pips From 1.0 pips
Commission Fees None $3/lot $2/lot None None
Lot Size Standard Standard Standard Standard N/A
Available Trading Platforms MT4, MT5 MT4, MT5 MT4, MT5 MT4, MT5 MT4, MT5
Execution Type Market ECN Market Market Market
Islamic Account Availability No No No Yes No
Swap-Free Options No No No Yes No
Demo Account Features N/A N/A N/A N/A Virtual funds

Advantages of Each Account Type

  • Standard Account:

  • Low minimum deposit.

  • No commission fees.

  • Suitable for beginners.

  • ECN Account:

  • Direct market access.

  • Lower spreads.

  • Ideal for scalping.

  • Pro Account:

  • Enhanced trading conditions.

  • Lower commission fees.

  • Priority execution.

  • Islamic Account:

  • Complies with Sharia law.

  • No overnight interest.

  • Demo Account:

  • Risk-free trading environment.

  • Access to all trading instruments.

  • Ideal for practice.

Disadvantages of Each Account Type

  • Standard Account:

  • Higher spreads compared to ECN.

  • ECN Account:

  • Higher minimum deposit.

  • Commission fees apply.

  • Pro Account:

  • Requires a higher initial investment.

  • Islamic Account:

  • Limited to Muslim traders.

  • Demo Account:

  • Virtual funds only; cannot withdraw.

Part 3: acs Account Opening Requirements

acs Account Registration Requirements

Eligibility Criteria

  • Age Requirements: Must be at least 18 years old.
  • Geographic Restrictions: Available in most countries; check specific restrictions.
  • Prohibited Countries: Countries under international sanctions or restrictions.

Identity Verification Documents Needed

  • Primary ID: Government-issued ID (passport or national ID).
  • Proof of Residence: Utility bill or bank statement dated within the last three months.

Additional Documentation for Professional Accounts

  • Business registration documents (if applicable).
  • Proof of professional qualifications (for certain account types).

KYC/AML Compliance Procedures

  • Completion of Know Your Customer (KYC) forms.
  • Anti-Money Laundering (AML) checks as per regulatory requirements.

Verification Time Frames

  • Account verification typically takes 1-3 business days, depending on the completeness of the submitted documents.

Part 4: acs Account Opening Process

Step-by-Step acs Account Opening Guide

  1. Visit Website and Click Registration: Navigate to the acs website and select the account registration option.
  2. Personal Information Entry: Fill in your personal details including name, email, and phone number.
  3. Choose Account Type: Select the account type that suits your trading needs.
  4. Set Trading Preferences: Indicate your trading preferences and risk tolerance.
  5. Document Upload: Upload the required identity verification documents.
  6. Account Verification: Wait for the verification process to be completed.
  7. Fund Your Account: Deposit funds into your account using available payment methods.
  8. Start Trading: Once your account is funded, you can begin trading.

Desktop vs Mobile Registration Differences

  • The registration process is similar on both platforms, but mobile registration may have a simplified interface.

Common Registration Issues and Solutions

  • Issue: Document upload failures.

  • Solution: Ensure documents are clear and meet size requirements.

  • Issue: Delays in verification.

  • Solution: Contact customer support for assistance.

Average Account Approval Time

  • Typically, account approval takes between 1-3 business days.

How to Upgrade/Downgrade Account Types

  • Log into your account and navigate to the account settings; follow prompts to change your account type.

Part 5: acs Demo Account Information

acs Demo Account Guide

Demo Account Features and Benefits

  • Allows traders to practice without financial risk.
  • Access to all trading instruments available in live accounts.

How to Open a Demo Account

  • Follow the same registration steps as for a live account, selecting the demo option.

Demo Account Limitations

  • Virtual balance only; cannot be converted to real funds.

Virtual Balance Amount

  • Typically, demo accounts come with a virtual balance of $10,000.

Demo vs Live Account Differences

  • Demo accounts simulate trading conditions but do not involve real money.

Duration/Expiry of Demo Accounts

  • Demo accounts usually remain active for 30 days, but this may vary by provider.

Part 6: acs Islamic Account Details

acs Islamic Account Details

  • Swap-Free/Islamic Account Availability: Yes, available for Muslim traders.
  • Eligibility Requirements: Must provide documentation proving Muslim faith.
  • Differences from Standard Accounts: No swap fees; otherwise similar features.
  • How to Apply for Islamic Account: Select the Islamic account option during registration.
  • Restrictions or Special Conditions: Must adhere to Sharia compliance.

FAQs – acs Account Types & Opening

  1. What account types does acs offer?
  • acs offers Standard, ECN, Pro, Islamic, and Demo accounts.
  1. What is the minimum deposit for each account type?
  • Standard: $100, ECN: $500, Pro: $1,000, Islamic: $100, Demo: N/A.
  1. How long does acs account verification take?
  • Verification typically takes 1-3 business days.
  1. Does acs offer demo accounts?
  • Yes, acs offers demo accounts for practice trading.
  1. Can I have multiple account types with acs?
  • Yes, you can open multiple account types.
  1. Does acs offer Islamic/swap-free accounts?
  • Yes, acs offers Islamic accounts that comply with Sharia law.
  1. What documents do I need to open a acs account?
  • A government-issued ID and proof of residence are required.
  1. Can I change my account type after registration?
  • Yes, you can upgrade or downgrade your account type through your account settings.

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