Info

Name AC Markets
Website ac-markets.com
Established 2002
Platform None
Country Switzerland

Advantages

  • Demo Account
  • Highly Regulated
  • Low Spreads

Disadvantages

  • No Choice of Trading Accounts
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AC Markets Review

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AC Markets Review

AC Markets is ranked #55 of 315 Forex Brokers.
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Info

Name AC Markets
Website ac-markets.com
Established 2002
Regulation None
Country Switzerland

Advantages

  • Demo Account
  • Highly Regulated
  • Low Spreads

Disadvantages

  • No Choice of Trading Accounts

ACM (AC-Markets) is a Swiss company founded in 2002. The company’s headquarters are located in Geneva, Switzerland, with offices around the world in Dubai, Uruguay and in the USA in New York.  
ACM provides a reliable and simple Forex trading platform for 39 currency pairs and for gold and silver. Spreads are on average 3 pips for the major pairs in standard account, and are 4 pips and over for mini account.  It is important to note that these spreads are incredibly high - and make the trading conditions much less appealing than those offered by other brokers, such as Markets.com, whose spreads go as low as nearly 2 pips and others which have variable spreads that may go even lower. The leverage is 1:100 for all types of accounts, though other brokers such as FxPro offer leverage up to 1:500, which can enhance the trading experience and your results. During the scope of our AC Markets review, we were extremely distressed to see that the minimum deposit for mini accounts is $2,000 - significantly higher than most other Forex brokers require, and the minimum deposit for standard accounts $5,000. AC-Markets also offers institutional accounts, in which the minimum deposit is $50,000 with spreads as low as 1 pip, Demo accounts, offering real time prices and trading conditions for a period of 30 days.
Due to Swiss regulations, registration process is quite long, and requires filling in personal details, employment status and financial. You are also required to submit your bank details, passport number, a photocopy of your passport and a copy of a utility bill.
Deposits into your account can be made in the following currencies: USD, EUR, CHF, GBP, AUD & JPY.
ACM offers 4 trading platforms, the “Advanced Trader” which is a professional trading software,the “Advanced Web Trader” which can be used from any Web connection without any download, the “Advanced Mobile Trader” allowing to place trades and monitor your account from any wap enabled mobile phone and the "Advanced Flash Trader". All platforms are accessible with the same username and password. ACM website and trading platforms are offered in a wide range of languages (14), including: English, French, German, Spanish, Dutch, Portuguese, Arabic, Farsi, Chinese, Japanese, Turkish, Greek and Russian.
The trading platforms are user-friendly, intuitive and customizable. Charting tools are available on all platforms, and news, analysis reports and financial calendars are accessible on the platforms and in an external web site.
AC-Markets offers a service they call “What you click is what you get”, meaning that when a customer clicks on a price, that price is “captured” as the execution price. Therefore if the market moves, the customer still gets the price he chose, erasing slippage from trading activities.
Quick, efficient and polite customer service is available 24 during market hours. Professional staff is available in real time by Phone, Chat, E-mail and Return call. Support is provided in English, French, Spanish, Italian, German, Greek, Farsi and Russian.
ACM provides educational material, such as an introduction to FOREX trading, a FOREX trading glossary, a telephone deals glossary, trading examples, and more.
Users’ experience with this firm is controversial. Being one of the largest FOREX companies definitely helps attract new clients, and during the first months of trading, users are generally happy with their services and user friendly platform. However, the larger the deals get, the more dissatisfied the trader become. ACM’s spreads are not fixed so they do vary widely during major market changes. This become significant due to the fact that the minimum lot for each trade is large, therefore the losses can be grave.

Review info: AC Markets
Review Date:
Rating : 4
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10 User Reviews Add Comment
  • egoy

    yes it's true!

    egoy August 2011
  • Pikachu

    They have an almost flawless platform, they won Banker Middle East awards for Best Broker and Best Platform. the addition of MT4 is great, it took a little time but I can forgive them. ;) Not Bad at all Pal!

    Pikachu January 2010
  • Bri

    Cool broker with a great platform, they even have the MT4. Execution is sweet...never experienced slippage as yet in the 6 months of live trading.

    Bri November 2009
  • USD fan

    I agree They won them fair and square. For those who didn’t know, ACM added 6 account types: Mini, Standard, Premium, Professional, Institutional & Institutional +. The spreads are very competitive, well done ACM hehhe

    USD fan September 2009
  • Tibor

    This execution is among the best in this world, all I see is Slava has a problem with his computer haha. It is funny, he not very happy but he still stay with them, why? because he still learning! ACM deserve the awards, if they ask me I would say "yes" they deserve it they are the best I tried (FXCM, Forex,com, Dukaszcopy)

    Tibor August 2009
  • BrenDa

    http://www.ac-markets.com/forex-support/forex-video-tutorials/to-login-on-the-advanced-trader-platform/to-login-on-the-advanced-trader-platform.htm This video tour shows every feature of ACMs Advanced Trading Platform, if this forex platform is not good enough then I don’t know what is.

    BrenDa August 2009
  • Melinda

    I trade with ACM for a year and they are the best among the best! I fist opened an account with oanda and they widen the spread so much I never new what was going to come out when closing the trades! ACM doesn’t at all, besides, I haven’t let down the mouse bottom and I already get the order confirmation. You should try a demo account and see that their execution is by far the best, they wouldn’t have won that award if these wasn’t true! http://www.ac-markets.com/forex-account/live-account.aspx Good trading to all!

    Melinda July 2009
  • CHROMER

    ACM tried making people believe they are a good broker, IN REALITY THEY ARE SCAM ARTISTS: http://www.forexpeacearmy.com/forex-forum/forex-articles/4774-brokers-fake-publicity-blitz-fpas-forums.html

    CHROMER May 2009
  • Omar Jennings

    ACM Awarded "Best Online Currency Trading Services"! http://au.sys-con.com/node/948263 GENEVA, May 5 /PRNewswire/ -- In April 2009, ACM (ac-markets.com) was awarded "Best Online Currency Trading Services" by World Finance at the London Stock Exchange The World Finance Awards were created in 2007 to identify industry leaders that represent the benchmark of achievement and best practices in the Financial & Business World. Based on criteria such as innovation, quality of products and market development established by the World Finance panel of independent awards adjudicators, 40'000 industry decision-makers designated ACM as the 2009 winner. ACM considers this prestigious award as an incentive to continue exceeding its clients' expectations. Since its creation, ACM has been growing continuously and now has offices in Geneva, Zurich, New York, Dubai and Montevideo. ACM offers its clients fast, efficient and secure access to four different trading platforms as well as outstanding execution conditions.

    Omar Jennings May 2009
  • toddler

    Police raid Geneva ACM in fraud probe: http://www.swisster.ch/en/news/business/police-raid-geneva-forex-firm-in-fraud-probe_116-1451105

    toddler April 2009

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