History and Founding
AccentForex, founded in 2010, is a global Forex broker specializing in providing services for retail traders, with an emphasis on accessibility, transparency, and competitive trading conditions. The company has been serving traders worldwide, offering a wide range of financial instruments and market analysis tools. AccentForex’s focus on both beginner and advanced traders has helped it establish a strong presence in the competitive forex market.
Mission and Vision
The mission of AccentForex is to provide efficient trading conditions, transparent pricing, and access to high liquidity markets for both novice and experienced traders. The broker aims to offer a diverse range of financial instruments and robust trading platforms that help clients achieve their financial goals. Their vision is to become a leading forex broker known for reliability, customer service, and competitive pricing.
Global Presence
Although AccentForex is based in Cyprus, it has a global reach, offering services in various countries across Europe, Asia, and the Middle East. The broker continues to expand its footprint, striving to serve traders with different levels of experience while adhering to global financial regulations.
Security and Regulations
Licenses Held
AccentForex is regulated by CySEC (Cyprus Securities and Exchange Commission), ensuring that the broker adheres to the highest standards of financial services and investor protection. This regulatory status helps ensure transparency and trust in the company’s operations.
Fund Segregation and Insurance
AccentForex maintains strict segregation of client funds, ensuring that trader funds are held separately from company funds. This segregation is in line with regulatory requirements and provides clients with greater security. The company also implements investor protection mechanisms, offering some level of compensation in case of unforeseen events.
Tradable Instruments
Forex Pairs
AccentForex provides access to a wide selection of forex pairs, including major, minor, and exotic currencies. Traders can take advantage of tight spreads and reliable execution on popular pairs like EUR/USD, GBP/USD, USD/JPY, and many others, catering to both short-term traders and long-term investors.
Commodities
The broker offers trading in various commodities, including gold, silver, crude oil, and agricultural products. These commodities are popular with traders looking to diversify their portfolios or hedge against inflation. AccentForex offers competitive spreads and low-margin requirements for commodity traders.
Indices
AccentForex provides access to major stock indices such as the S&P 500, NASDAQ, and FTSE 100. These indices allow traders to speculate on the performance of a wide range of companies without trading individual stocks. The broker offers fast execution and low-cost trading conditions for index traders.
Cryptocurrencies
AccentForex offers a limited selection of cryptocurrency CFDs, including popular coins like Bitcoin (BTC) and Ethereum (ETH). Although the selection is not as extensive as other brokers, AccentForex provides a secure and transparent environment for cryptocurrency trading.
Account Types
Micro
| Minimum deposit | 0 |
|---|---|
| Commission | 2.0 |
| Available tools | 0 |
| Leverage, min | 1:1 |
| Leverage, max | 1:500 |
| Margin call level | 60 |
| Stop-out level | 50 |
Mini
| Minimum deposit | 0 |
|---|---|
| Commission | 0.5 |
| Available tools | 0 |
| Leverage, min | 1:1 |
| Leverage, max | 1:200 |
| Margin call level | 60 |
| Stop-out level | 50 |
Profit
| Minimum deposit | 0 |
|---|---|
| Commission | 0.5 |
| Available tools | 0 |
| Leverage, min | 1:1 |
| Leverage, max | 1:100 |
| Margin call level | 60 |
| Stop-out level | 50 |
STP
| Minimum deposit | 0 |
|---|---|
| Commission | 0.1 |
| Available tools | 0 |
| Leverage, min | 1:1 |
| Leverage, max | 1:200 |
| Margin call level | 60 |
| Stop-out level | 50 |
Fees and Charges
Spreads and Commissions
AccentForex offers competitive spreads starting from 1.0 pip on major currency pairs for Standard accounts. For ECN accounts, spreads can be much lower, and commissions are charged per trade. The broker maintains transparency in its pricing model, with no hidden fees.
Swap Rates
AccentForex offers transparent swap rates, which depend on the instrument and the direction of the trade. These rates are applied when positions are held overnight. Traders are advised to check the current swap rates on their platforms to better manage trading costs.
Inactivity Fees
The broker charges inactivity fees for accounts that have been dormant for an extended period. Traders who do not log in or place trades for several months may be subject to these fees, which can vary based on the account type and the broker’s policies.
Trading Platforms
| Available tools | Forex, Commodities, Stocks, Indices, Metals, Energy, Cryptocurrency, CFDs |
|---|---|
| Cryptocurrencies | ETH, USDT, BTC |
| CFD | Forex: 60 Commodities: 3 Stocks: 29 Indices: 8 Metals: 3 Energy: 2 Cryptocurrency: 3 |
MetaTrader 4 and 5
AccentForex offers the highly popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms. These platforms are known for their user-friendly interface, advanced charting tools, and automated trading capabilities. Both platforms are available for desktop, web, and mobile devices, providing flexibility for traders on the go.
cTrader
The cTrader platform is available for clients who prefer a more advanced and feature-rich trading experience. It offers a modern interface, advanced order types, and fast execution speeds, making it a popular choice for experienced traders.
Mobile Trading Apps
AccentForex provides mobile trading apps for both iOS and Android devices. These apps allow traders to manage their positions, access real-time market data, and execute trades from anywhere, ensuring that traders never miss an opportunity.
Customer Support
Steps to Register
To register with AccentForex, traders can follow a simple process by visiting the broker’s website, filling out the registration form, and submitting necessary identity documents for verification. Once the account is approved, traders can deposit funds and begin trading.
Verification Requirements
AccentForex requires traders to complete a verification process before withdrawing funds. This process typically involves submitting proof of identity (passport, ID card) and proof of address (utility bill, bank statement). The verification helps ensure the safety of clients' funds and prevents fraud.
Deposits and Withdrawals
Payment Methods
AccentForex supports a range of payment methods for both deposits and withdrawals, including bank transfers, credit/debit cards, and popular e-wallets like Skrill and Neteller. This variety ensures that clients can easily fund their accounts and withdraw profits.
Processing Times
Deposits are typically processed instantly, while withdrawals can take 1-3 business days, depending on the payment method used. Bank transfers may take longer compared to e-wallet withdrawals.
Associated Fees
AccentForex does not charge any fees for deposits, but withdrawal fees may apply depending on the payment method chosen. Clients should review the broker’s fee schedule to be aware of any potential charges for withdrawals.
FAQ
Is the broker regulated?
Yes, AccentForex is regulated by CySEC (Cyprus Securities and Exchange Commission), which ensures the broker follows all necessary financial regulations for client protection.
What trading platforms are available?
AccentForex offers MetaTrader 4, MetaTrader 5, and cTrader platforms, providing traders with a variety of choices to suit their trading needs.
What is the minimum deposit required to open an account?
The minimum deposit for opening a Standard Account with AccentForex is typically $100. However, this amount may vary depending on the account type.
What types of accounts does the broker offer?
AccentForex offers Standard, ECN, and Islamic accounts, catering to different trader needs and preferences.
What fees and commissions are charged?
AccentForex charges competitive spreads starting from 1.0 pip on Standard accounts. ECN accounts have lower spreads but incur commissions per trade.
What is the maximum leverage available?
The maximum leverage available at AccentForex is 1:500 for retail clients, providing ample flexibility for both beginner and professional traders.
Are demo accounts available?
Yes, AccentForex offers demo accounts, allowing traders to practice and test strategies without risking real money.
How can I contact customer support?
AccentForex provides customer support via live chat, email, and phone. The support team is available 24/5 to assist clients with any inquiries or issues.