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ACM — Forex Broker

ACM:

Company: ACM Advanced currency markets SA
On-line since: 2002
Country of origin: Switzerland
Regulation: Member of NFA (ID: 0388715). Directly regulated by the Swiss Federal Department of Finance (FDF).
Payment options: Bank wire and PayPal
Minimum account size: $2,000
Minimum lot size: 0.1 lot
Leverage: 1:100
Spreads: 3 pips on EUR/USD
Rating:
5.0/10 with 60 votes

Rate broker — ACM:
Categories: Forex brokers with web platform
MetaTrader Forex brokers
Institutional Forex brokers
Opinions: See ACM reviews.

Advantages:

  • Java-based and Flash-based trading platforms.
  • MetaTrader 4 software is also supported.
  • Integrated live news feed.
  • Regulated by Swiss Federal Department of Finance.

Disadvantages:

  • Opening account is a complicated process.
  • Relatively high minimum account size.

Click here to open an account with ACM


Reviews:

5 reviews of ACM are presented here. All reviews represent only their author's opinion which is not necessarily based on the real facts.


Terminatorfx from Europe/USA02/17/2010

To Franky Benito Giuseppe, Paysan of Italy...you are talking crap my friend. Remember also that markets are closed!

Their website clearly states the following:

Margin rates

ACM requires a 1% margin level to maintain open positions for ticket sizes below $25,000,000. For clients wishing to trade positions in excess of $25,000,000 - intraday liquidity allows for greater margin flexibility. During intraday trading hours, 08:00-22:50 CET, the below margin schedule is in effect:

INTRADAY 08:00 - 22:50 CET

Trade Size Margin Requirement

$10,000 through $30,000,000 1.00%

$30,000,001 through $40,000,000 1.50%

$40,000,001 through $50,000,000 2.00%

$50,000,001 through $60,000,000 2.50%

$60,000,001 through $70,000,000 3.00%

$70,000,001 through ∞ 4.00% or greater

Outside intraday hours, margin levels will revert to overnight/weekend levels:

OVERNIGHT 22:50 - 08:00 CET & WEEKENDS

Trade Size Margin Requirement

$10,000 through $25,000,000 1.00%

$25,000,001 through $31,250,000 2.00%

$31,250,001 through $37,500,000 2.50%

$37,500,001 through $43,750,000 3.00%

$43,750,001 through $50,000,000 3.50%

$50,000,001 through $55,000,000 4.00%

$55,000,001 through $62,500,000 4.50%

$62,500,001 through ∞ 5.00% or greater

Please note: There will be no change in margin requirements overnight and on weekends for clients trading tickets below $25,000,000.

All customers are fully responsible for monitoring the activity on their accounts. In the case that open positions result in excessive margin exposure and attain the allowable limit, liquidation will occur automatically and all open positions will be closed.

PS: I and other friends trade here and never has there been any underhand issues.


Frank from italy12/22/2009

I have close my account with ACM because for my opinion its very big scam.

Don't use this broker.

Over the weekend stole USD 40.000 usd with the margin. It increased the difference between ask and bid of 60 pips to steal my money.The level of the margin was down and he took my money.

I have the prove , and i'm very happy for the visit of the police. I hope he will close


Addyson from Germany11/04/2009

I found on you tube their advertised video and it´s hilarious, very funny approach for such a serious matter. If you have a sec watch it.

It's called tired of slippage?

http://www.youtube.com/watch?v=hoRuKWwFl8g

Good trading


Rick Prendergast from Europe10/09/2009

I have been very pleased with their customer follow up as well as their trading conditions.


Imre from Hungary/USA10/06/2009

There are some details above that are wrong. ACM exist since 2002 (I use them since 2005)also now they also have the MT4 platform. This broker have excellent execution in all the market condition, they even guarantee fills with market orders...and stick to their word! It is not the cheapest broker to open with at $2000 minimum, but if you wanting a platform that is very professional then it is worth it. The spreads are with other tight spread brokers e.g. EURGBP on my account is 2 pips, during volatile market I have never yet seen it go over 5 pips yet which is better than brokers offering 1 or 1.5 pip because they usually slip to around 9 - 10 pips. Sure if you want a big account then the same pair closes to 1.4 or even 1.2. As a Swiss broker, the FIFO rule does not affect them, and hedging is possible. It is all about the execution and ACM are leaders in that field.



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