ACG Markets Forex Broker provides real users with * positive reviews, 1 neutral reviews and * exposure review!
Risk Control
License
FSA Offshore Regulated 
Social trading here is not good as eToro, but they really offer good selection of forex pairs, and some tight spreads. I have been trading with this broker quite long.
ACG Markets has emerged as a notable player in the forex trading landscape, particularly for those exploring proprietary trading options. Overall, user feedback indicates a mixed experience, with some appreciating the competitive trading conditions while others raise concerns over customer support and regulatory oversight. Notably, ACG Markets operates under the Seychelles Financial Services Authority, which may not offer the same level of protection as more established regulatory bodies.
Note: It is essential to recognize that ACG Markets may operate under different entities in various regions, which can impact user experience and regulatory compliance. Therefore, potential users are encouraged to conduct thorough research before engaging with the platform.
| Category | Rating (out of 10) |
|---|---|
| Account Conditions | 6.5 |
| Tools and Resources | 7.0 |
| Customer Service and Support | 4.0 |
| Trading Settings (Experience) | 6.0 |
| Trustworthiness | 5.0 |
| User Experience | 6.0 |
How We Rate Brokers: Ratings are based on aggregated data from user reviews, expert opinions, and factual information regarding trading conditions and regulatory status.
Established in 2021, ACG Markets is a proprietary trading firm associated with Alpha Capital Group. The broker primarily offers trading through the MetaTrader 5 (MT5) platform, known for its advanced features and user-friendly interface. ACG Markets provides access to a variety of asset classes, including forex pairs, commodities, and indices. However, it operates under the Seychelles Financial Services Authority (FSA), which may not provide the same level of investor protection as stricter jurisdictions.
ACG Markets is regulated by the Seychelles FSA, holding a retail forex license. While this provides a degree of oversight, it is crucial to note that the regulatory standards in offshore jurisdictions are often less stringent compared to those in regions like the UK or the US.
The platform supports various deposit and withdrawal methods, although specific currencies and cryptocurrencies available for transactions are not explicitly mentioned in the sources reviewed. It is advisable to check directly with ACG Markets for the latest updates on this front.
The minimum deposit requirement varies depending on the account type, with reports indicating that it can start from as low as $97 for entry-level accounts in their proprietary trading program.
ACG Markets offers a tiered virtual account structure known as the Alpha Pro program, which allows traders to participate in trading challenges with potential profit-sharing opportunities. However, details on specific bonuses or promotional offers were not extensively covered in the sources.
Traders can access a diverse range of assets, including forex pairs, commodities like gold and oil, and various indices. The platform aims to provide a comprehensive trading experience, catering to different trading strategies.
ACG Markets advertises tight spreads starting from 0.1 pips, with a commission-free trading model for its virtual accounts. This could be beneficial for traders looking to maximize their profit potential without incurring high costs.
The maximum leverage offered by ACG Markets is 1:100, which is relatively standard in the industry. This allows traders to amplify their positions but also increases their risk exposure.
The primary trading platform available is MetaTrader 5 (MT5), which is widely recognized for its robust features, including advanced charting tools and automated trading capabilities.
While specific restricted regions were not highlighted in the sources, it is common for brokers operating under offshore regulation to have limitations in certain jurisdictions, particularly in regions with strict financial regulations.
ACG Markets provides customer support primarily in English, with contact options available via email and phone. However, reviews indicate that the responsiveness of customer support may be an area for improvement, as some users have reported delays in response times.
| Category | Rating (out of 10) |
|---|---|
| Account Conditions | 6.5 |
| Tools and Resources | 7.0 |
| Customer Service and Support | 4.0 |
| Trading Settings (Experience) | 6.0 |
| Trustworthiness | 5.0 |
| User Experience | 6.0 |
ACG Markets offers a tiered account structure, allowing traders to choose accounts based on their capital and risk tolerance. However, the lack of transparency regarding minimum deposit amounts and account features may deter some potential users.
The platform provides access to educational resources and trading tools through the Alpha Academy program. This initiative aims to enhance traders' skills and knowledge, which is a positive aspect for new traders.
Customer service has received mixed reviews, with some users expressing dissatisfaction with response times and support availability. This could be a concern for traders who might require immediate assistance.
The overall trading experience is generally positive, with users appreciating the tight spreads and commission-free trading. However, some traders have reported issues with execution speed and slippage, which could impact their trading outcomes.
As an offshore broker, ACG Markets faces scrutiny regarding its regulatory status. While the Seychelles FSA provides some level of oversight, the lack of stringent regulations raises concerns about fund security and overall trustworthiness.
User experience appears to be a mixed bag, with some traders enjoying the platform's features while others have reported challenges with customer support and account management.
In conclusion, ACG Markets presents an intriguing option for traders interested in proprietary trading, particularly given its competitive spreads and access to educational resources. However, potential users should carefully weigh the pros and cons, especially regarding regulatory oversight and customer support, before committing to the platform.
