AC Markets foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://panel.acmarketsltd.com/client/register, about the company's legal and temporary regulatory information, the company's address Spyrou Kyprianou Avenue 41 Steratzias Court 2 1st Floor, Flat 103, Mesa Geitonia 4003, Cyprus.
Ac Markets, officially known as Advanced Currency Markets, is a Swiss forex broker founded in 2002. The company is headquartered in Geneva, Switzerland, with additional offices in Zurich, Dubai, Uruguay, and New York, USA. Ac Markets operates as a private entity, catering to a diverse clientele, including retail traders and institutional clients such as banks and investment firms.
Over the years, Ac Markets has established a solid reputation in the forex trading industry, primarily due to its reliable trading platforms and a wide array of trading instruments. The broker focuses on providing a user-friendly trading experience, enabling clients to access the forex market efficiently. Notable milestones in Ac Markets' history include its expansion into various global markets and the introduction of multiple trading platforms designed to meet the needs of different types of traders.
As a forex broker, Ac Markets operates on a retail forex and institutional service model, offering various account types and trading solutions to suit both novice and experienced traders. The company has built strong relationships with major liquidity providers, ensuring competitive pricing and execution for its clients.
Ac Markets is regulated by several prominent authorities, including the Swiss Financial Market Supervisory Authority (FINMA), the Emirates Securities and Commodities Authority (ESCA) in Dubai, and the Dubai Gold and Commodities Exchange (DGCX). The company claims to be compliant with strict regulatory standards, which helps ensure a secure trading environment for its clients.
The regulatory license numbers and specific details regarding the scope of regulation are as follows:
Ac Markets employs a robust Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance framework, which includes verifying client identities and monitoring transactions to prevent fraudulent activities. Client funds are held in segregated accounts, ensuring that they are protected in the event of the company's insolvency. However, it is crucial to note that while Ac Markets claims regulatory compliance, some reviews raise concerns about its legitimacy and operational transparency.
Ac Markets offers a diverse range of trading products, primarily focusing on forex currency pairs, contracts for difference (CFDs), and precious metals. The broker provides access to 52 different forex currency pairs, including major, minor, and exotic pairs, allowing traders to diversify their portfolios effectively.
In addition to forex trading, Ac Markets facilitates trading in various CFD categories, including:
Ac Markets frequently updates its product offerings to meet market demand, ensuring that traders have access to the latest financial instruments. The broker also provides retail trading services, catering to individual traders, as well as institutional client services, supporting larger financial establishments.
Ac Markets supports the widely used MetaTrader 4 (MT4) platform, known for its advanced charting tools, automated trading capabilities, and user-friendly interface. In addition to MT4, Ac Markets offers several proprietary trading platforms, including:
All trading platforms are compatible with various operating systems, including Windows, Mac, and mobile devices. Ac Markets also provides API access for automated trading, allowing traders to implement their strategies seamlessly.
Ac Markets offers several types of trading accounts to accommodate different trading styles and preferences. The account types include:
Leverage options at Ac Markets vary, with a maximum leverage ratio of 1:100 for standard accounts. The minimum trade size is typically 0.01 lots, providing flexibility for traders to manage their risk effectively. The broker does not charge commissions, instead opting for fixed spreads that enhance transparency in trading costs.
Ac Markets supports a variety of deposit and withdrawal methods, ensuring that clients can manage their funds conveniently. The available deposit methods include:
The minimum deposit requirements are as follows:
Deposits are typically processed quickly, with no fees charged by Ac Markets for deposits. However, clients should be aware that financial institutions may impose their fees. Withdrawal methods mirror those used for deposits, and Ac Markets claims that withdrawals usually take just a few days to process, although this can vary based on specific bank services.
Ac Markets provides robust customer support options, including:
Customer service is available during market hours, and the support team is proficient in multiple languages, including English, French, Spanish, Italian, German, Greek, Farsi, and Russian. This multilingual support ensures that clients from diverse backgrounds can receive assistance tailored to their needs.
In addition to customer support, Ac Markets offers a range of educational resources, including:
Traders can access daily market analyses, news updates, and research reports to enhance their trading knowledge and strategies. The educational materials provided by Ac Markets are designed to support both novice and experienced traders in improving their trading skills.
Ac Markets primarily serves clients in various regions worldwide, with a strong focus on European markets due to its Swiss headquarters. The broker has established offices in several key locations, including Dubai and New York, to cater to a global clientele.
However, Ac Markets does not accept clients from the United States, which could limit access for potential U.S. traders. The broker's services are tailored to meet the regulatory requirements of the jurisdictions in which it operates, ensuring compliance with local laws.
In summary, Ac Markets presents a comprehensive trading environment for forex and CFD traders, backed by a solid regulatory framework and a diverse range of trading products. However, potential clients should carefully consider the broker's minimum deposit requirements and regional restrictions before opening an account.
Ac Markets broker is a viable option for traders seeking a reliable platform with competitive spreads and a user-friendly experience.
ᗰƖƘO
United Arab Emirates
The platform offers a range of assets and the familiar MetaTrader 4 & 5, which is great for fast-paced trading. However, the lack of clear information on trading costs is a significant downside. While the WebTrader interface is user-friendly, I'd recommend reaching out directly to get a clearer picture of the costs involved before diving in.
37130
2024-08-14