Acumen Forex Broker

Acumen Review SummaryFounded1995Registered Country/RegionIndiaRegulationNo regulationTrading Products Equities, Commodities, Mutual Funds, Currencies, InsuranceDemo Account❌Trading Platform/Auto Trading✅Minimum Deposit/Customer SupportTel: +91 94959 98191Email: hello@acumengroup.inAcumen Information Acumen, which started in India in 1995, is a financial service provider that isn't regulated and lets people invest in stocks, commodities, mutual funds, and more. It works through a Demat account and promotes itself as a one-stop shop for personal financial health, although it doesn't have demo or Islamic accounts.Pros and ConsProsConsWide range of financial productsNo regulationTransparent, competitive fee structureNo demo accountFree Demat account openingPlatform features are limitedNo info on deposit and withdrawalIs Acumen Legit? Acumen is based in India, but the Securities and Exchange Board of India (SEBI) or any other official Indian financial regulatory authority does not have any control over it. WHOIS records show that the domain acumengroup.in was registered on March 10, 2008, and is still “ok” (active). It was last changed on April 24, 2022, and it will end on March 10, 2026.What Can I Trade on Acumen? Acumen provides a wide range of financial services for both professional and individual customers. It offers a wide range of services, including stocks and mutual funds, commodities, currency trading, and insurance.Trading ProductsSupportedEquities✔Commodities✔Mutual Funds✔Currencies✔Insurance✔Indices❌Cryptocurrenccies❌Bonds❌Options❌ETFs❌Account Type Acumen has one live trading account, the Demat Account, which is meant for regular customers to monitor and invest in stocks, mutual funds, and bonds all in one place. You can open the account for free, but you have to pay ₹399 + GST each year to keep it active. There is no demo account or Islamic account that doesn't charge fees.Acumen Fees Acumen's fees are clear and fair, and they are in line with what other companies in India charge. They are affordable for active traders because they charge a flat ₹20 per lot for options and minimal percentage-based costs for other types of trading.ProductsFee StructureOptions (Equity & Currency)₹20 per lotIntraday & Futures0.02% (Equity & Commodity)Delivery (Equity)0.20%