Global Broker governance & inquiry App

Score

0123456789
.
0123456789
0123456789
/10

ACI Markets

United Kingdom|1-2 years|
Regulated in United States|Suspicious Regulatory License|Suspicious Scope of Business|United States Common Financial Service License Unauthorized|Suspicious Overrun|High potential risk|

https://acifx.com/

Website

Rating Index

Contact

admin@acimarkets.com
https://acifx.com/

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 4
Previous Detection : 2024-03-02
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • United StatesNFA (license number: 0556932) The regulatory status is abnormal, the official regulatory status is Unauthorized. Please be aware of the risk!

WikiFX Verification

Users who viewed ACI Markets also viewed..

XM

9.04
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4/5 full license
Official website

CPT Markets

8.20
Score
5-10 yearsRegulated in United KingdomMarket Making(MM)MT4/5 full license
Official website

GO MARKETS

8.97
Score
15-20 yearsRegulated in AustraliaMarket Making(MM)MT4/5 full license
Official website

MultiBank Group

8.59
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4/5 full license
Official website

ACI Markets · Company Summary

Aspect Information
Registered Country/Area United Kingdom
Founded Year Within 1 year
Company Name ACI Markets Ltd
Regulation Not regulated
Minimum Deposit $3
Maximum Leverage 1:500
Spreads Low spreads (specific values not provided)
Trading Platforms MetaTrader 5 (MT5)
Tradable Assets Forex, stock indices, oil, metals, bonds
Account Types STANDARD(Bonus), STANDARD, Cent
Demo Account Available with no expiry, maximum of 6 active accounts
Islamic Account Not specified
Customer Support 24/7 support through Discord, Telegram, Facebook, YouTube, and email (admin@acimarkets.com)
Payment Methods Mobile phone payments, banking transfers, credit cards, PayPal
Educational Tools Blog with market stories, commentary, and educational content

Overview of ACI Markets

ACI Markets Ltd, based in the United Kingdom, is an unauthorized financial service provider that lacks regulation and a valid license. Engaging with ACI Markets involves a higher level of risk. The broker exceeds the business scope regulated by the United States National Futures Association (NFA), and there is no information available about their trading software. ACI Markets offers a range of market instruments for trading, including forex, stock indices, oil contracts, metals, and bonds. These instruments allow traders to speculate on exchange rate fluctuations, track stock performance, participate in the oil market, invest in metals, and engage in bond trading. However, specific features related to account types and trading conditions are not provided, and caution should be exercised due to the lack of regulation.

ACI Markets provides a variety of account types, including a demo account, Cent account, and Swap Free trading account. They also offer a leverage ratio of 1:500, low spreads, and charge high commissions. The minimum deposit required for trading accounts is $3, and a 30% deposit bonus is available. Traders can access the MetaTrader 5 (MT5) trading platform, which is compatible with mobile devices and desktop computers. ACI Markets provides educational resources through its blog, and customer support services are available 24/7 via various communication channels. However, the lack of specific details and the company's unauthorized status raise concerns about reliability and trustworthiness.

basic-info

Pros and Cons

ACI Markets has several notable pros and cons. On the positive side, it offers a range of forex instruments, providing opportunities for traders to engage in currency trading. Additionally, it provides access to stock indices and oil contracts, as well as trading instruments in metals and bond instruments. The trading platform is based on MetaTrader 5 (MT5), a popular platform in the industry. ACI Markets also offers a demo account with unlimited usage and a minimum deposit of $3, making it accessible to traders. Moreover, it provides a leverage ratio of 1:500, potentially amplifying trading positions. The broker also offers low spreads, enhancing trading opportunities. Furthermore, ACI Markets offers a 30% deposit bonus, providing an incentive for traders. However, there are notable cons to consider. ACI Markets is not regulated by any authorized regulatory agency, which raises concerns about the level of risk involved. The information provided on specific market instruments and trading conditions is limited, making it difficult to assess the full scope of offerings. Furthermore, specific features related to account types and a corporate account service are not provided. The existence of a blog is mentioned, but no details are provided. ACI Markets lacks advanced trading tools and charges high commissions, although specific numbers are not provided. Lastly, the customer support channels offered by the broker are limited. Traders should carefully consider these pros and cons before engaging with ACI Markets.

Pros Cons
Offers a range of forex instruments Not regulated by any authorized regulatory agency
Provides access to stock indices and oil contracts Limited information on specific market instruments provided
Offers trading instruments in metals Limited information on trading conditions
Provides access to bond instruments Specific features related to account types not provided
Trading platform based on MetaTrader 5 (MT5) No corporate account service available
Provides a demo account with unlimited usage No details about its blog mentioned
Minimum deposit of $3 No advanced trading tools available
Leverage ratio of 1:500 High commissions charged (specific numbers not provided)
Low spreads from 0.0 pips Limited customer support channels
Offers a 30% deposit bonus

Is ACI Markets Legit?

ACI Markets Ltd, based on the provided information, is not regulated by any authorized regulatory agency. It lacks a valid license and falls under the category of an unauthorized financial service provider. Therefore, engaging with ACI Markets involves a higher level of risk. Additionally, it is worth noting that the broker exceeds the business scope regulated by the United States National Futures Association (NFA). Furthermore, there is no information available regarding their trading software. It is essential to exercise caution when dealing with this broker.

regulation

Market Instruments

1. FOREX: ACI Markets offers a range of forex instruments, allowing traders to engage in currency trading. This includes major currency pairs such as EUR/USD, GBP/USD, and USD/JPY, as well as minor and exotic currency pairs like AUD/CAD, NZD/JPY, and USD/ZAR. The forex market provides opportunities for traders to speculate on the fluctuation of exchange rates between different currencies.

2. STOCK INDICES & OIL: ACI Markets provides access to various stock indices and oil contracts, enabling traders to participate in these markets. Examples of stock indices include the S&P 500, NASDAQ 100, and FTSE 100, allowing traders to track the performance of a specific group of stocks. Additionally, oil contracts such as West Texas Intermediate (WTI) and Brent Crude Oil offer opportunities to speculate on the price movements of oil, an important commodity in global markets.

3. METALS: ACI Markets offers trading instruments in metals, allowing traders to invest in precious and industrial metals. Examples of precious metals include gold, silver, and platinum, which are often sought after for their value and used as a hedge against inflation. Industrial metals like copper and aluminum are essential for manufacturing and construction industries, providing opportunities for traders to speculate on their price fluctuations.

4. BONDS: ACI Markets provides access to bond instruments, allowing traders to engage in bond trading. Bonds represent debt securities issued by governments, municipalities, or corporations to raise capital. They offer fixed interest payments over a specified period, making them attractive to income-focused investors. Examples of bonds include U.S. Treasury bonds, corporate bonds, and municipal bonds, each with their own risk and return characteristics.

Pros Cons
Range of forex instruments for currency trading Lack of information on specific market instruments
Access to stock indices and oil contracts Limited types of market instruments
Offers trading instruments in precious and industrial metals
Provides access to bond instruments

Account Types

ACI Markets offers a variety of account types, including a demo account that never expires and allows unlimited usage, although inactive accounts for more than 90 days will be closed. Traders can have a maximum of 6 active demo accounts. They also have a Cent account type where deposits appear in cents. Additionally, ACI Markets provides a Swap Free trading account that does not incur overnight hold fees. ACI Markets also claims to offer two main account types: STANDARD(Bonus) and STANDARD accounts. However, they do not offer a corporate account service, and specific features related to account types are not provided in the given information.

Pros and Cons

Pros Cons
Demo account with unlimited usage No corporate account service offered
Variety of account types, including Cent and Swap Free accounts Specific features related to account types not provided
Demo accounts never expire and allow unlimited usage, with a maximum of 6 active demo accounts Limited information on account types and their benefits

How to Open an Account?

  1. Visit the ACI Markets website and locate the “Register” button.

    regulation
  2. Click on the “Register” button to initiate the account opening process.

  3. Fill in the required information, including your Card ID, First Name, Last Name, Email, Password, and Confirm Password.

  4. Carefully enter your personal details as per the instructions provided.

  5. Once you have completed all the necessary fields, review the information to ensure accuracy.

  6. Click on the “Sign Up” or equivalent button to submit your account registration.

  7. Wait for a confirmation email from ACI Markets that will contain further instructions or verification steps, if required.

regulation

Leverage

ACI Markets offers a leverage ratio of 1:500. Leverage allows traders to control larger positions in the market with a smaller amount of capital. With a 1:500 leverage ratio, traders can potentially amplify their trading positions up to 500 times their initial investment. However, it's important to note that while leverage can increase potential profits, it also magnifies potential losses, so traders should exercise caution and consider their risk tolerance before utilizing high leverage ratios.

Spreads & Commissions

ACI Markets offers low spreads, with a spread value of 0.0. This indicates that the difference between the buying and selling prices of their trading instruments is minimal. In addition, ACI Markets charges high commissions, although specific numbers are not provided. Traders should take into consideration the commission costs associated with their trades when engaging with ACI Markets.

spread-commission
spread-commission

Minimum Deposit

The minimum deposit required for trading accounts at ACI Markets is $3 for both STANDARD (Bonus) and STANDARD account types.

Bonus

ACI Markets offers a 30% deposit bonus to traders, providing an additional 30% bonus on their initial deposit. For example, if a trader deposits $100, they would receive a $30 bonus, resulting in a total account balance of $130. The bonus serves as an incentive for traders to increase their trading capital and potentially enhance their trading opportunities.

bonus

Deposit & Withdrawal

ACI Markets offers a range of deposit and withdrawal methods, including mobile phone payments, banking transfers, credit cards, and PayPal. Traders can choose their preferred method within the member area and follow the provided instructions. There are no fees charged by ACI Markets for deposits or withdrawals; any fees incurred are issued by the respective payment providers. Processing times for deposits and withdrawals can take up to 24 business hours. The minimum deposit and withdrawal amount is $3 USD or equivalent, although this may vary depending on the chosen payment method and account verification status. Withdrawal requests are processed by the back office within 24 hours, with e-wallet withdrawals typically receiving funds on the same day, while bank transfers or credit/debit card withdrawals may take 2-5 business days. Deposit and withdrawal rates are determined by the trader's local bank.

deposit-withdrawal
Pros Cons
Range of deposit and withdrawal methods Processing times can take up to 24 business hours
No fees charged by ACI Markets for deposits or withdrawals Withdrawals via bank transfers or credit/debit cards may take 2-5 days
Minimum deposit and withdrawal amount of $3 USD or equivalent Deposit and withdrawal rates determined by trader's local bank

Trading Platforms

METATRADER 5 (MT5):

ACI Markets offers a trading platform that allows users to trade anytime and anywhere. They provide an app for iOS and Android devices, available for download from the app stores. Additionally, ACI Markets offers a desktop client compatible with MacOS and Windows operating systems. The trading platform is based on MetaTrader 5 (MT5), a popular and widely-used platform in the financial industry. With the ACI Markets trading platform, traders can access the markets, monitor their positions, and execute trades.

trading-platform
Pros Cons
Offers Meta Trader 5, a widely recognized and popular trading platform. No advanced trading tools available
Offers mobile apps for iOS and Android devices Limited information on specific platform features
Desktop client compatible with MacOS and Windows

Educational Resources

ACI Markets provides educational resources through its blog, offering traders the opportunity to stay updated with the latest stories and commentary. The blog serves as a platform for learning and gaining insights into market trends, strategies, and news. It provides valuable information to traders seeking to expand their knowledge and make informed trading decisions.

educational-resources

Customer Support

ACI Markets provides customer support services that are available 24/7. They can be reached through various communication channels, including Discord, Telegram, Facebook, and YouTube. Additionally, customers can contact their customer service via email at admin@acimarkets.com.

Conclusion

In conclusion, ACI Markets Ltd, based on the provided information, lacks regulation from authorized regulatory agencies and operates as an unauthorized financial service provider, posing a higher level of risk for potential traders. The broker exceeds the business scope regulated by the United States National Futures Association (NFA), and no information is available regarding their trading software. While ACI Markets offers a variety of market instruments such as forex, stock indices, oil, metals, and bonds, caution is advised when dealing with this broker. The account types offered are not fully explained, and features related to corporate accounts are not provided. ACI Markets offers a leverage ratio of 1:500, allowing traders to control larger positions but also amplifying potential losses. The broker claims to have low spreads but charges high commissions, although specific numbers are not mentioned. The minimum deposit required is $3, and ACI Markets offers a 30% deposit bonus as an incentive. Deposit and withdrawal methods are available, but processing times may vary. ACI Markets provides a trading platform based on MetaTrader 5 (MT5) and offers educational resources through its blog. Customer support services are available 24/7 through various communication channels. It is important for traders to exercise caution and conduct further research before engaging with ACI Markets.

FAQs

Q: Is ACI Markets a regulated financial service provider?

A: ACI Markets lacks regulation from authorized regulatory agencies, posing a higher level of risk for traders.

Q: What market instruments does ACI Markets offer?

A: ACI Markets offers forex, stock indices, oil contracts, metals, and bonds for trading.

Q: What are the account types offered by ACI Markets?

A: ACI Markets offers demo, Cent, Swap Free, and STANDARD account types.

Q: What leverage ratio does ACI Markets offer?

A: ACI Markets offers a leverage ratio of 1:500.

Q: What are the spreads and commissions at ACI Markets?

A: ACI Markets offers low spreads (0.0) and charges high commissions.

Q: What is the minimum deposit required by ACI Markets?

A: The minimum deposit for STANDARD (Bonus) and STANDARD accounts is $3.

Q: Does ACI Markets offer bonuses?

A: ACI Markets offers a 30% deposit bonus on initial deposits.

Q: What deposit and withdrawal methods are available at ACI Markets?

A: ACI Markets supports mobile payments, bank transfers, credit cards, and PayPal for deposits and withdrawals.

Q: What trading platform does ACI Markets provide?

A: ACI Markets offers the MetaTrader 5 (MT5) platform for trading.

Q: Does ACI Markets provide educational resources?

A: ACI Markets offers educational resources through its blog to help traders stay informed.

Q: How can I contact ACI Markets customer support?

A: ACI Markets provides 24/7 customer support via Discord, Telegram, Facebook, YouTube, and email.

Broker Information

Company Name

ACI Markets

Company Abbreviation

ACI Markets

Regulatory Status

No Regulation

Platform registered country and region

United Kingdom

Company website
Phone of the company

--

Twitter

--

Facebook

--

Instagram

--

YouTube

--

Company address

--

Linkedin

--

WhatsApp

--

QQ

--

WeChat

--

Customer Service Email Address
  • admin@acimarkets.com

Company Summary

User Reviews

Sort by content

  • Sort by content
  • Sort by time

User comment

1

Comments

Write a review

FX1636515719
more than one year
Over the past two months, I've been attempting to log into the ACI Markets application, only to be greeted with a consistent message stating, "Under maintenance, we'll be back soon." This prolonged downtime has been frustrating and inconvenient, hindering my ability to access essential trading tools and information.
2024-02-29 16:57
Reply
0
0
TOP
Select Country/District
United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com