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ACFX

Cyprus|5-10 years|
Suspicious Regulatory License|Suspicious Scope of Business|Suspicious Overrun|High potential risk|

http://atlaseforex.com/

Website

Rating Index

Contact

0035725501000
support@acfx.com
http://atlaseforex.com/

Licenses

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

Single Core

1G

40G

Open Now

Contact number

English

0035725501000

Broker Information

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Company Name

AtlasCapital Financial Services Ltd

Company Abbreviation

ACFX

Platform registered country and region

Cyprus

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away! 4
Previous Detection : 2024-02-24
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The CyprusCYSEC regulation (license number: 085/07) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

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ACFX · Company Summary

General Information & Regulation

Founded in 2007, Atlas Capital Financial Service, also known as ACFX, is a market making foreign exchange broker based in Cyprus, offering a wide variety of products and services, including trading execution and STP solution for trading through Metatrader 4 platform. however, ACFX is not subject to any regulation at this stage, so it is unsafe to trade with this broker.

Markets Instruments

Tradable financial instruments available on the ACFX platform include forex currency pairs, indices, stocks, commodities and metals.

Minimum Deposit

ACFX offer two trading accounts: Standard and ECN, with the minimum initial deposit for both accounts is as low as $50. Although this sounds encouraging, traders are not advised to register real trading accounts here given the fact that ACFX is unregulated.

Micro Trade Size

The Minimum trade size allowed by ACFX is 0.01 lot, which sounds friendly to beginners.

Leverage

ACFX offers high leverage up to 1:500, which is not suitable for inexperienced traders, since leverage can amplify gains as well as losses.

Spreads & Commissions

Spreads on majors are within 2 to 3 pips, much higher than the industry standard.

Trading Platform Available

ACFX provides it traders with MetaTrader4 (MT4) as their trading platform. This is the most popular solution, which is preferred by many brokers. It is also admired by lots of traders, mainly for the outstanding charting capabilities and the add-ons which are available. At the MQL marketplace, a broker independent online store, you can test, loan and purchase newly developed technical indicators and automated trading robots (better known as Expert Advisors).

Deposit& Withdrawal

Payment methods working with ACFX include Credit Card, Moneybooker, Wire Transfer, Neteller, WebMoney.

Customer Support

ACFX has a multilingual LIVE support 24-hours-a-day, 5 days a week through Phone(+357 25 501055), livechat, and E-mail. Headquarter Address: 197 Arch Makarios Avenue Gala Tower 4th Floor CY-3030 Limassol Cyprus

News

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NewsWhat You Should Know About Forex Scams - WikiFX

2022-04-28 15:34

WikiFX is posted this artilce to help the beginners to know how to identify scam online trading brokers.

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2022-04-28 15:34
News
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User Reviews

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4

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浪客剑心
more than one year
All the bad reviews on here are true they are just scammers luckily I realized something was wrong and called my bank who reported it to the fraud dept don't believe a word they say just after your money even called me the day after asking me if I was having a good day soon shut his mouth when I told him I knew what he had done.
2023-03-24 14:41
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0
0
.2815
more than one year
Don’t want to wasting my precious time on this rubbish platform. They must be insane, chasing me all the time to let me put down money here. Crazily thieves.
2023-02-24 15:42
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0
0
ndyy
more than one year
It doesn't let you withdraw money
2022-12-07 17:30
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0
0
ndyy
more than one year
This platform is a scam. After I trade up, it doesn't let me withdraw money, it says I don't have enough money, while it forces me to go to oil 5. While tk me 1k. If not, it won't let you withdraw
2022-12-07 00:16
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0
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