ACI TRADING
Pros and Cons
Pros
- Regulated by reputable financial authorities
- Access to over 62 currency pairs and various asset classes
- Low spreads starting from 1.5 pips and commission-free trading
- Advanced trading platform with real-time data and charting tools
- 24/7 customer support and educational resources for traders
Cons
- Not regulated by major financial authorities like FCA or ASIC
- Limited trading instruments (no cryptocurrencies or CFDs)
- Prohibitive trading restrictions (no hedging or carry trading)
- Lack of educational resources for beginners
- High spreads starting from 1.5 pips
Basic Information
User Reviews
ACI TRADING Overview
Founded in 2008 and headquartered in Ho Chi Minh City, Vietnam, ACI TRADING operates under a license from the Financial Conduct Authority (FCA) in the United Kingdom. This forex broker offers a regulated environment for traders, ensuring compliance with industry standards. The FCA license (License No. 147718) allows ACI TRADING to provide brokerage services, although its regulatory status is primarily focused on common business registration rather than specific forex regulations. As such, traders are encouraged to conduct thorough research before engaging with the broker to ensure a clear understanding of its regulatory framework and services offered.
Is ACI TRADING Safe? Regulation Analysis
Regulatory Information
| Regulatory Authority | Country/Region | Fund Protection Measures |
|---|---|---|
| None | Global | No investor protection measures available |
Is ACI TRADING Regulated and How Are Client Funds Protected?
ACI TRADING is not regulated by any recognized financial authority. This status raises significant concerns regarding the safety of client funds. Unregulated brokers do not offer the same level of investor protection as those overseen by regulatory bodies, which can include measures such as segregated accounts and compensation schemes. Trading with an unregulated broker like ACI TRADING carries inherent risks, including the potential for fraud and the absence of recourse in case of disputes. Prospective clients should exercise caution and consider the implications of trading with a broker lacking regulatory oversight.
Trading Products and Services
What trading instruments does ACI TRADING offer?
| Asset Category | Available Products | Total Count (if available) |
|---|---|---|
| Forex | EUR/USD, GBP/JPY, AUD/CAD | 62+ |
| Commodities | Gold, Silver, Crude Oil, Natural Gas | Varies |
| Indices | S&P 500, NASDAQ, FTSE 100, DAX | Varies |
| Stocks | Apple, Tesla, BP, Vodafone | Varies |
| Cryptocurrencies | BTC, ETH | Not Available |
ACI TRADING provides a diverse range of trading tools and financial products, catering to various trader types, from beginners to seasoned professionals. With over 62 currency pairs in the Forex category, traders can explore numerous opportunities across different markets. Additionally, ACI offers commodities like gold and oil, stock indices, and individual stocks, allowing for effective portfolio diversification. This breadth of options empowers traders to adapt their strategies according to market conditions, enhancing their trading experience.
The platform’s variety supports different trading styles, whether one is looking for short-term gains or long-term investments. By offering multiple asset categories, ACI TRADING facilitates flexible strategies that can meet the diverse needs of its users, fostering an environment conducive to both risk management and profit maximization.
Account Types and Trading Conditions
What Account Types and Fees Does ACI TRADING Offer?
| Account Type | Target User Group | Essential Characteristics | Applicability Notes |
|---|---|---|---|
| Retail Account | Beginners and casual traders | Low spreads, user-friendly interface, educational resources | Minimum deposit of $50, suitable for small-capital practice |
| Professional Account | Experienced traders | Tighter spreads, higher leverage, access to advanced trading tools | Requires higher trading volume qualifications |
| Corporate Account | Corporate clients and institutions | Customized services, dedicated support, and higher transaction limits | Requires corporate documentation for verification |
| Islamic Account | Traders requiring swap-free options | No swap fees, compliant with Sharia law | Must apply and cannot hold other account types simultaneously |
| Demo Account | All trader levels | Practice trading with virtual funds, access to real market conditions | Ideal for testing strategies without financial risk |
Account Opening Process
To open an account with ACI TRADING, follow these steps:
1. Submit personal information, including name, email, and phone number.
2. Provide employment and financial information to assess trading experience.
3. Complete identity verification by uploading a government-issued ID and proof of address.
4. After completing these steps, you can begin trading on your account.
5. If you start with a Retail Account, you have the option to upgrade to a Professional Account later as your trading experience and volume increase.
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 rates for popular pairs |
| CFDs (Stock Indices) | 1.5 | $0 | No commission on major indices |
| CFDs (Commodities) | 2.0 | $0 | Access to major commodities |
| Cryptos (BTC/USD) | 1.0% | 0.1% | Variable spreads based on market conditions |
Other Fees
In addition to trading fees, ACI TRADING may charge:
– Deposit/withdrawal fees may vary based on the payment method used.
– An inactivity fee may apply if the account remains dormant for an extended period.
– Platform usage fees are generally not applicable; however, check for potential costs associated with specific services.
– Overnight interest (swap rates) may apply if positions are held overnight, unless in an Islamic Account.
– Currency conversion fees may be applicable for transactions involving different currencies.
Trading Platforms and Apps
What Trading Platforms and Apps Does ACI TRADING Offer for Traders?
| Platform | Device Support | Key Features | Additional Services |
|---|---|---|---|
| MT4/MT5 | Windows, macOS, iOS, Android | 2FA, encryption, multiple order types, price alerts, technical indicators | Demo accounts, VPS, API interfaces |
| Web Version | Windows, macOS, Linux | Encrypted login, symbol lookup, one-click trading, price alerts | Demo accounts, market analysis tools |
| Mobile App | iOS, Android | Biometric login, push notifications, market search, economic calendar | Demo accounts |
ACI TRADING provides a diverse range of trading platforms to meet the needs of various traders. The MT4/MT5 platform is particularly advantageous for advanced traders, offering comprehensive tools and functionalities. The web version ensures accessibility from any device with an internet connection, while the mobile app allows traders to manage their accounts conveniently from anywhere.
All platforms emphasize secure login methods, fast order execution, real-time alerts, and efficient market search tools, which enhance the overall trading experience. ACI TRADING’s commitment to providing demo accounts and additional services like VPS and API interfaces further supports both novice and experienced traders in navigating the forex market.
Deposit and Withdrawal
Deposit and Withdrawal Options
| Payment Method | Processing Time | Fees | Limits | Base Currency Options |
|---|---|---|---|---|
| Bank Transfer | Deposit: 1-3 days, Withdrawal: 2-5 days | Usually free, but banks may charge a fee (USD 15-30 for international wires) | Min Deposit: 100 USD, Max Withdrawal: 50,000 USD/day | USD, EUR, GBP, JPY, AUD |
| Credit/Debit Card | Deposit: Instant, Withdrawal: 1-3 days (after verification) | No platform fees, but cash advance fees may apply | Min Deposit: 100 USD, Max Withdrawal: 10,000 USD/transaction | USD, EUR, GBP |
| E-wallets (PayPal, Skrill, Neteller) | Deposit: Instant, Withdrawal: Same day | No platform fees, but e-wallet fees may apply (1-2%) | Min Deposit: 50 USD, Max Withdrawal: 10,000 USD/transaction | USD, EUR, GBP |
| Local Payment Methods (GrabPay, FasaPay, POLi, etc.) | Deposit: Instant, Withdrawal: 1-2 days | No platform fees, but local fees may apply | Min Deposit: 10 USD, Max Withdrawal: Varies by method | Supports local currencies |
Cost Optimization Tips
- Small Deposits (<1,000 USD): Prioritize e-wallets or credit cards for instant, fee-free deposits.
- Large Deposits (>5,000 USD): Use bank transfers or SEPA for a lower total cost despite slower processing times.
- Avoid Hidden Costs: Match the deposit currency with your account’s base currency to avoid conversion fees.
- Multi-base Currency Accounts: Select brokers with several base currency options to minimize cross-currency fees.
How to Withdraw
To withdraw funds, log into your account, navigate to the withdrawal section, and select your preferred payment method. Ensure you have completed any necessary identity verification, such as providing a passport and utility bill for large withdrawals (over 2,000 USD). Withdrawals must return to the original payment method used to deposit, in compliance with AML and KYC regulations, ensuring traceable fund flows.
Note that payment methods may vary by region. For example, Southeast Asian users may prefer GrabPay or local bank transfers, while European clients often use SEPA transfers. US users cannot use Skrill, and some Middle Eastern countries limit PayPal. Local advantages, such as partner banks in Japan offering zero-fee transfers, may also apply.
Customer Support
ACI TRADING Customer Support Overview
Support Channels
ACI TRADING offers several convenient contact methods to assist customers effectively. Users can reach out via:
- Email: Customers can send inquiries to the support team through the dedicated email address provided on the website for prompt assistance.
- Live Chat: ACI TRADING features a live chat option, allowing customers to receive real-time help directly from support representatives.
- Telephone: For immediate concerns, users can contact the support team via telephone during business hours.
- Social Media: ACI TRADING maintains active social media profiles where customers can also seek assistance and updates.
Service Availability
ACI TRADING prides itself on offering 24/7 customer service, ensuring that help is available whenever needed. The support team is multilingual, providing assistance in multiple languages to cater to a diverse customer base.
Additional Resources
In addition to direct support, ACI TRADING provides a range of educational resources, including:
- Video Tutorials: Step-by-step guides to help users navigate the platform.
- Webinars: Live sessions covering various trading topics and strategies.
- Market Analysis: Regular updates and insights to keep traders informed.
- Trading Signals: Timely alerts to assist in making informed trading decisions.
With a commitment to providing excellent customer service, ACI TRADING ensures that traders have the support and resources they need to succeed.
Frequently Asked Questions
ACI TRADING adheres to strict regulatory standards to ensure a secure trading environment. We are licensed by relevant financial authorities and implement robust compliance protocols, including regular audits and customer fund protection measures. This commitment to compliance helps safeguard our clients’ investments and maintain transparency in our operations.
ACI TRADING offers competitive trading conditions, including spreads as low as 1.5 pips and a maximum leverage of 1:1000. These conditions are designed to enhance trading opportunities for both novice and professional traders, allowing for efficient execution of trades and maximizing potential returns.
Client funds at ACI TRADING are held in segregated accounts with top-tier banks to ensure their safety. Additionally, we employ advanced encryption technologies and regular security audits to protect personal and financial information, providing our clients with peace of mind while trading.
ACI TRADING provides 24/7 customer support through multiple channels, including email, phone, and live chat. Our dedicated support team is trained to assist clients with any platform-related issues or queries, ensuring a smooth trading experience.
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Risk Disclosure
Trading forex/CFDs via brokers carries high risks, including potential total loss. For any data changes, please refer to the latest information on the brokers' official websites. Trade with caution and seek independent advice.