ACI TRADING Forex Broker

ACI TRADING Review SummaryFounded2008Registered Country/RegionUnited KingdomRegulationFCA (Exceeds)Market InstrumentsForex, Commodities (Gold, Silver, Oil), Indexes, StocksDemo Account/LeverageUp to 1:500SpreadFrom 1.5 pips (Standard account), from 0.7 pips (Pro account), from 0.0 pips (ECN account)Trading PlatformDesktop App (Windows), Mobile App (iOS, Android)Min Deposit$50Customer Support+84 91 234 5678info@acifx.comL4-11.OT04, Landmark 4, Vinhomes Central Park, Ward 22, Binh Thanh District, Ho Chi Minh City, VietnamACI TRADING Information Founded in 2008, ACI TRADING runs under an FCA Common Business Registration license obtained from the United Kingdom. Supported by mobile and desktop apps, the platform provides several trading products including FX, commodities, indices, and stocks. Nonetheless, the broker goes outside the parameters of its licencing for regulations, which increases the risks for trading.Pros and ConsProsConsRegulated under FCA (non-forex)Exceeds licensed business scopeOffers forex, indices, and metalsLimited asset classes—no crypto or CFDsThree account types with low depositLack of clarity on deposit/withdrawal feesPlatforms for mobile and desktopNo support for web-based tradingIs ACI TRADING Legit? The United Kingdom Financial Conduct Authority (FCA) via a Common Business Registration license ( License No. 147718) controls ACI Trading. But the broker goes outside the business area allowed by this non-forex license. September 27, 2008 saw the registration of the domain acifx.com; its registration expires September 26, 2030. December 1, 2024 was the final domain change issued.What Can I Trade on ACI TRADING? Bonds, oil, 62 different currency pairs, major international stock indices, precious metals (gold, silver, etc.), and more are all available for trading at ACI TRADING.Tradable InstrumentsSupportedForex✔Commodities✔Crypto❌CFD❌Indexes✔Stock✔ETF❌Account Types ACI TRADING provides three types of live trading accounts: standard, professional, and ECN. All accounts demand a minimum deposit of $50, have leverage of up to 1:500, and feature hedging and scalping.Account TypeStandardProECNMin Deposit$50$50$50SpreadsFrom 1.5 pipFrom 0.7 pipFrom 0.0 pipMax Leverage1:5001:5001:500Min Trade Size0.010.010.01Hedging/ScalpingYesYesYesCommissionFreeFree$7 USD per lotSuitable ForBeginners seeking simple, commission-free trading.Intermediate traders seeking tighter spreads.Advanced traders needing ultra-tight spreads.Leverage ACI TRADING allows traders to quickly enhance their trading positions with minimal initial commitment with up to 1:500 leverage on all account types. High leverage can boost profits but also increase losses.ACI TRADING Fees ACI Trading's price structure is quite normal when compared to industry benchmarks, with varied spreads and charges across account categories. The Standard account features spreads starting at 1.5 pips and no commission, while the Pro account starts at 0.7 pips and is also commission-free. The ECN account offers tighter spreads starting at 0.0 pips but charges a commission of $7 per lot.Trading PlatformTrading PlatformSupportedAvailable DevicesSuitable for what kind of tradersDesktop App✔WindowsExperienced traders who prefer desktop toolsMobile App✔iOS, AndroidTraders requiring flexibility and mobilityWeb Trader❌//Deposit and Withdrawal ACI Trading does not specify whether deposit or withdrawal fees apply. The minimum deposit is $50.MethodMin. AmountFeesProcessing TimeBank Transfer$50Not specified1-3 business daysCredit/Debit Card$50Not specifiedInstantE-Wallets (Skrill, Neteller, PayPal)$50Not specifiedInstant