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ACT Markets Forex Broker provides real users with 1 positive reviews, * neutral reviews and 1 exposure review!

ACT Markets Broker Review

1.59

WikiFX monitor

Business

Influence D

License

No license

ACT Markets Review 2

Latest All(2) Positive(1) Exposure(1)
Positive

After making some comparisons between forex brokers, I decided not to trade here. While ACT Markets may work for some traders, I prioritize customer service and trading conditions over website appearance, and ACT was defeated by others. My advice is to do thorough research and compare multiple brokers before making a decision.

奔跑23387
2023-03-23
Exposure
stole 25000 euros from me

I was introduced to the scam by a Chinese girl named Lisa to invest in gold through the broker ACT markets on the MT4 platform.She is based in Paris and wanted to help me earn more money. After a while and some suspicion, I finally injected little by little all my savings, thinking that I could withdraw whenever I want. She tricked me into acceptin an event in which I can arn 10% of the money invested, but she made it sound differently, only telling me that . I took a loan of 15.000 euros to be able to complete the scheduled event before they freeze my account.She taught me how to buy USD cryptocurrency on Binance and then send the money to my MT4 account linked to the ACT Markets website.

FX5421902632
2021-12-16

  

ACT Markets 2025 Review: Everything You Need to Know

  

Executive Summary

  This act markets review shows serious problems for traders thinking about this broker. ACT Markets started in 2019 in Nigeria and gets a D rating from users who worry about how reliable the platform is and whether the service works well. WikiFX gives the broker only 1 out of 10 points, which means traders face big risks.

  ACT Markets does have some good features like different account types and a digital way to open accounts. The broker lets you use advanced trading platforms called ACT Trader and cTrader, and these come with detailed charts that traders who like technical analysis might enjoy. However, the platform mainly targets people who want to trade many different types of assets like forex, CFDs, stocks, indices, commodities, cryptocurrencies, and ETFs.

  The mix of bad user reviews, unclear rules about who watches over the broker, and low ratings from the industry means traders should be very careful. This act markets review suggests looking at other brokers before making any decisions.

  

Important Notice

  Traders should know that ACT Markets might work under different rules in different countries, but we cannot find clear information about these rules. This review uses feedback from users, market information, and public data that anyone can see, but some of this might be opinions and could change later.

  The review shows what we know right now and should be used along with your own research before you decide to trade. People thinking about using this broker should check all the rules and service terms directly with the company.

  

Rating Framework

Dimension Score Rating
Account Conditions 4/10 Poor
Tools and Resources 6/10 Average
Customer Service and Support 3/10 Poor
Trading Experience 5/10 Below Average
Trustworthiness 2/10 Very Poor
User Experience 3/10 Poor

  

Broker Overview

  ACT Markets started offering online trading in 2019 as a broker based in Nigeria that provides digital trading services. The company has faced many challenges to its reputation since it began, even though it tries to reach many markets with new online trading solutions.

  The broker focuses on making the account opening process completely digital, which is one of the few real advantages it has in a market with lots of competition. This smooth process tries to make it easier for new traders to get quick access to markets, but this act markets review shows that having no clear information about who regulates the broker creates immediate worries about protecting traders and keeping their money safe.

  ACT Markets gives traders access to two main trading platforms: ACT Trader and cTrader. The broker offers many different assets you can trade including forex pairs, CFDs, individual stocks, market indices, commodities, cryptocurrencies, and ETFs, which gives reasonable variety for traders who want to trade in multiple markets. However, the lack of clear regulatory credentials seriously hurts its credibility with professional traders.

  The company seems to target traders who need access to multiple assets and prefer brokers that focus on digital services first.

  

Detailed Information

  Regulatory Status: Available information does not show concrete regulatory oversight, which is a major red flag for potential clients who want regulated trading environments.

  Deposit and Withdrawal Methods: Specific funding options and withdrawal procedures are not detailed in available documentation, which creates uncertainty about how transactions work. Minimum Deposit Requirements: The broker has not published clear minimum deposit amounts, making it hard for traders to plan their first investment.

  Bonus and Promotions: No promotional offers or bonus structures are mentioned in current documentation. Tradeable Assets: ACT Markets provides access to forex, CFDs, stocks, indices, commodities, cryptocurrencies, and ETFs, offering reasonable asset diversity for multi-market traders.

  Cost Structure: Detailed information about spreads, commissions, and other trading costs remains unavailable, preventing accurate cost analysis for potential clients. Leverage Options: Specific leverage ratios and margin requirements are not disclosed in accessible materials.

  Platform Selection: Traders can choose between ACT Trader and cTrader platforms, both offering advanced charting capabilities. Geographic Restrictions: Information about regional limitations or restricted jurisdictions is not provided in available documentation.

  Customer Support Languages: The range of supported languages for customer service remains unspecified. This act markets review highlights the concerning lack of transparency across multiple crucial areas that experienced traders typically consider essential when evaluating potential brokers.

  

Detailed Rating Analysis

  

Account Conditions Analysis (Score: 4/10)

  ACT Markets advertises multiple account types, though specific details about account tiers, features, and requirements remain frustratingly vague. The broker's completely digitized account opening process represents its strongest selling point in this category, potentially allowing faster onboarding compared to traditional brokers requiring extensive paperwork, but the absence of clear minimum deposit requirements creates uncertainty for traders attempting to budget their initial investment.

  Without transparent information about account features, trading conditions, or special account options such as Islamic accounts for Muslim traders, potential clients cannot make informed decisions about which account type suits their needs. The lack of detailed account specifications, combined with poor overall user feedback, suggests that even the digitized opening process may not translate into satisfactory ongoing account management, and this act markets review finds that while the digital onboarding concept shows promise, the execution and subsequent account servicing appear to fall short of industry standards.

  User feedback indicates dissatisfaction with overall account conditions, though specific complaints about account features, limitations, or unexpected restrictions are not well-documented in available reviews.

  

Tools and Resources Analysis (Score: 6/10)

  ACT Markets demonstrates relative strength in its trading tools and platform offerings, providing access to advanced charting capabilities through both ACT Trader and cTrader platforms. These platforms typically offer sophisticated technical analysis tools, multiple chart types, and customizable indicators that appeal to technically-focused traders, while the availability of cTrader, in particular, suggests access to institutional-grade trading technology with advanced order types, algorithmic trading support, and professional-level market depth information.

  However, specific details about research resources, market analysis, educational materials, or trading signals remain unclear in available documentation. The absence of information about educational resources represents a significant gap, particularly for newer traders who might benefit from learning materials, webinars, or market commentary, and additionally, no information is available about automated trading support, expert advisors, or copy trading functionality that many modern brokers provide.

  While the platform diversity earns some positive points, the lack of comprehensive trading resources and educational support prevents a higher rating in this category. User feedback about tool quality and platform performance is insufficient to provide detailed insights into real-world usability, but the available platforms do offer reasonable technical capabilities for experienced traders.

  

Customer Service and Support Analysis (Score: 3/10)

  Customer service represents one of ACT Markets' weakest areas, with overall user feedback indicating significant dissatisfaction with support quality and responsiveness. The low user ratings suggest systematic problems with customer service delivery, though specific details about support channels, availability hours, or response times are not documented, and the absence of information about customer service channels raises immediate concerns about how traders can seek assistance when facing account issues, technical problems, or trading disputes.

  Professional brokers typically provide multiple contact methods including phone support, live chat, email ticketing systems, and comprehensive FAQ sections. Without clear information about multilingual support capabilities, international traders may face additional communication barriers when seeking assistance, while the lack of documented service level agreements or response time commitments further undermines confidence in the support infrastructure.

  User feedback consistently points to poor service experiences, though specific problem resolution examples or case studies are not available in current documentation. This suggests that traders may face significant challenges when requiring assistance, particularly during volatile market conditions when timely support becomes crucial, and the overall poor ratings indicate that customer service improvements should be a top priority for the broker.

  

Trading Experience Analysis (Score: 5/10)

  The trading experience at ACT Markets receives a mixed evaluation based on available platform options and user feedback. Access to both ACT Trader and cTrader platforms provides traders with choice and potentially sophisticated trading capabilities, including advanced charting tools and technical analysis features, but critical information about platform stability, execution speed, and order quality remains undocumented.

  User feedback does not provide specific insights into slippage rates, requote frequency, or server stability during high-volatility periods when platform performance becomes most critical. The absence of detailed information about trading conditions, including typical spreads, execution models, or liquidity sources, makes it impossible to assess the actual trading environment quality, while additionally, no information is available about mobile trading applications, which have become essential for modern traders requiring market access while away from desktop platforms.

  This act markets review notes that while platform diversity suggests potential for good trading experiences, the lack of transparency about execution quality and trading conditions, combined with generally poor user feedback, indicates that the actual trading experience may not meet professional standards. The available platforms do offer reasonable functionality, but without clear information about costs and execution quality, traders cannot properly evaluate the overall trading environment.

  

Trustworthiness Analysis (Score: 2/10)

  Trustworthiness represents ACT Markets' most significant weakness, with the broker receiving an overall D rating and a WikiFX score of just 1 out of 10. The absence of clear regulatory information raises immediate red flags about trader protection, fund safety, and dispute resolution mechanisms, while professional traders typically require transparent regulatory oversight from recognized financial authorities, along with clear information about client fund segregation, deposit insurance, and regulatory compliance measures.

  The lack of such information suggests that ACT Markets may operate without proper regulatory oversight, exposing traders to significant risks. The absence of information about financial transparency, including audited financial statements, regulatory filings, or third-party fund custody arrangements, further undermines credibility, and additionally, no information is available about how the broker handles negative events, regulatory inquiries, or client complaints.

  The combination of poor industry ratings, lack of regulatory transparency, and absence of verifiable trust indicators suggests that traders should exercise extreme caution when considering this broker. The low WikiFX rating particularly indicates that industry monitoring services have identified significant concerns about the broker's operations and reliability, making this one of the most serious issues highlighted in this act markets review.

  

User Experience Analysis (Score: 3/10)

  Overall user satisfaction with ACT Markets appears consistently poor based on available feedback and industry ratings. While the fully digitized account opening process may provide initial convenience, subsequent user experiences appear to deteriorate significantly based on the low overall ratings, and the lack of specific information about user interface design, platform usability, or navigation efficiency makes it difficult to assess the quality of day-to-day trading interactions.

  However, the consistently poor user feedback suggests systematic problems with the overall service delivery and user experience quality. Registration and verification processes may benefit from the digital-first approach, potentially reducing onboarding time compared to traditional brokers, but user feedback indicates that this initial convenience does not translate into satisfactory ongoing platform experiences.

  Common user complaints appear to center around service quality and overall satisfaction, though specific issues such as platform bugs, account access problems, or transaction difficulties are not well-documented in available reviews. The low industry ratings suggest that user experience problems are widespread rather than isolated incidents, and based on available feedback, ACT Markets would benefit from significant improvements in user experience design, customer service quality, and overall platform reliability to meet modern trading standards.

  

Conclusion

  This comprehensive act markets review reveals a broker with significant risks and limited advantages for potential traders. While ACT Markets offers some positive features including digitized account opening and access to advanced trading platforms, the overwhelming concerns about trustworthiness, regulatory transparency, and user satisfaction create substantial red flags that cannot be ignored.

  The broker may suit traders specifically interested in multi-asset trading opportunities and digital-first broker interactions, but only those willing to accept considerable risks. The lack of clear regulatory oversight, poor industry ratings, and consistently negative user feedback suggest that most traders would be better served by choosing more established and transparent alternatives, and the main advantages include streamlined digital onboarding and platform diversity, while significant disadvantages encompass poor trustworthiness ratings, lack of regulatory information, and inadequate customer service.

  Traders considering ACT Markets should exercise extreme caution and thoroughly research alternative brokers with stronger regulatory credentials and user satisfaction records.

ACT Markets review