NEW YORK
19:41
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PARIS
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Forex Brokers

ACM

Name:
ACM
Website:
Platform:
Advanced Trader, MetaTrader 4
Online Since:
2002
Country:
Switzerland
Bonus:
n/a
Leverage:
100:1
Spread:
Non-Fixed
17_small_logo Go to ACM website
Registration Process Other Commodities Practice Trading Account Micro Trading Account Islamic Account
Available Available Not Available Available

Founded in Switzerland in 2002, ACM is Europe’s largest and most capitalized retail FX broker. 

ACM does not charge commissions but is compensated through the Bid/Ask spread. Unlike other FX brokerage houses, the spread on your practice account matches the conditions based on your virtual deposit. Whether you plan to invest $2000 or $200,000, the practice account will give you an accurate representation of the spreads that will be available to you when you open a live account.

Practice Trading

ACM highly recommends opening a Practice Trading account for anyone new to the Forex market, regardless of experience in other financial markets. A practice account allows individuals to acclimate themselves to the market and ACM’s tools before depositing funds. Practice accounts are available for 30 days, offer access to all software and allow the user to trade FX using live rates and virtual money.

Technology

ACM offers 4 computer-based dealing platforms. For desktop trading applications, ACM offers Advanced Trader and MetaTrader 4. Advanced Trader is ACM’s most-capable platform and includes the flexibility to fully customize the trading dashboard to your dealing needs. MetaTrader 4 is a popular 3rd party platform supported by ACM.

If you find yourself away from your primary computer or use Linux – ACM offers 2 browser-based platforms available on any computer with an internet connection. Web Trader features all the capabilities and tools needed to successfully manage your FX investments - if you can check your email, you can trade your account. Similar to Web Trader, the brokerage also offers our clients access to Flash Trader. Flash Trader offers all the functionality of the Web Trader, but in a Flash environment, ideal for Mac and Firefox users.

Features

Automated trading available, STP execution, expanded intraday margin, 100:1 leverage on all dealable assets, Swiss financial practices and security.

Pros
Cons
Deposit Options
Debit/Credit Card, Wire Transfer
Languages
English, French, German, Spanish, Italian, Portuguese, Polish, Russian, Dutch, Chinese, Japanese, Arabic and Farsi
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Broker of the Month

logo UFXMarkets provide up-to-date charts and news feeds, coupled with an easily navigated trading platform. UFXMarkets traders can access the biggest market in the world 24 hours a day with ease.

By keeping their new ParagonEX 4.1 platform, site and deposit process simple, safe and secure, UFXMarkets have become the web’s premier online forex trader.

Promotion of the Month

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Markets.com will teach you to trade Forex with 1-on-1 Personal Training, a detailed Beginners Trading Guide and Weekly Market News & Analysis. Markets.com offers its traders the best trading experience, coupled with numerous trading benefits. Check them out

Polls

Which is the Best Forex Broker you have traded with?

Interview with Matthew Sheppard

Senior Forex Advisor at XForex


1. What is your name and position?

Hello, my name is Matthew Sheppard and I am a senior forex advisor at XForex.

2. What is your experience and professional background?

In the last 6 years I had filled several positions in financial institutions such as a stock broker, a foreign exchange desk manager, a financial consultant and in my recent role I serve as a senior Forex advisor for XForex which is an online forex company.

3. What type of clients you deal with?

We deal with clients on all levels from the beginning stages to the more advanced trading levels.

4. Does most of your business activity come from the online or offline world?

Because of our high presence on the web, most of our business comes from the online world.

5. Why should a trader pick XForex from all forex brokers?

Aside from all the benefits that XForex offer like commission-free trading, 24/7 online support, high leverage (200:1), XForex offers educational and learning trading experience that you won’t find anywhere else..

Our team of experts and financial trainers provide personal assistance and guide clients to financial success. We provide daily analysis and market reviews to our clients giving them a better understanding of the market and helping them trade profitably.

6. From your experience, what advice would you give a person who wants to enter the forex world?

My advice to the beginning trader entering the Forex world is as follows:
  • Learn the market and understand what you’re getting into.
  • Research and find the broker that suits your needs and wants. Look for a good offering but more importantly customer service, don’t go for the low rates offer without being certain they have a good customer service department. From my extensive experience in the Forex world your key to success will be your client-broker relationship. I can honestly say that at XForex they put an emphasis on servicing clients, which is so important.
  • Invest smartly and calculate your risks.
  • Always know when to get out of a trade.