What Account Types and Fees Does ACM Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners and casual traders |
Low minimum deposit, user-friendly platform |
Suitable for starting with small capital |
| Professional Account |
Experienced traders |
Higher leverage, advanced trading tools |
Requires proof of trading experience or volume |
| Corporate Account |
Businesses and institutions |
Custom services and reporting, multi-user access |
Requires corporate documentation |
| Islamic Account |
Traders adhering to Sharia law |
Swap-free trading options |
Must request specifically for compliance |
| Demo Account |
All traders for practice |
Access to virtual funds for risk-free trading |
Ideal for testing strategies without financial risk |
Account Opening Process
To open an account with ACM, traders must follow a straightforward process that includes submitting personal information such as name, address, and date of birth. Employment and financial information will also be required to ensure suitability for trading. Identity verification is a critical step, necessitating the submission of a government-issued ID and proof of address (such as a utility bill). ACM offers account flexibility, allowing traders to upgrade from a retail to a professional account later if their trading volume or experience qualifies them for such an upgrade.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
0.8 |
$0 (ECN: $3.5/lot) |
Tight spreads for major pairs |
| Forex (GBP/USD) |
1.0 |
$0 (ECN: $3.5/lot) |
Competitive for traders |
| CFDs (Stocks) |
0.1 |
$0 (ECN: $5/lot) |
Variety of stocks available |
| CFDs (Indices) |
1.5 |
$0 (ECN: $5/lot) |
Popular indices with good liquidity |
| CFDs (Commodities) |
2.0 |
$0 (ECN: $5/lot) |
Includes metals and energies |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on volatility |
Other Fees
In addition to trading fees, traders should be aware of other potential costs associated with their accounts. These may include deposit and withdrawal fees, which can vary by method. An inactivity fee may apply if the account remains dormant for an extended period. Additionally, platform usage fees can apply, depending on the chosen trading platform. Overnight interest fees, or swap rates, are applicable for positions held overnight, and currency conversion fees may be incurred if trading in a currency different from the account base currency.
