General Information
AC MARKETS, Also Known As Asian Capital Markets, Is An Online Brokerage Platform That Claims To Offer A Range Of Trading Services And Products. However, It Is Important To Note That AC MARKETS Is Not Regulated By Any Reputable Regulator, Raising Concerns About Its Legitimacy And Credibility. The Broker Falsely Claims To Hold A US General Financial Services License, But This Claim Is Unauthorized And The Regulatory Situation Is Not Normal.
AC MARKETS Offers Traders The Opportunity To Trade Various Market Instruments, Including Forex, Contracts For Difference, And Precious Metals. They Offer Different Types Of Trading Accounts, Such As Islamic, Platinum, And Standard, With Different Features And Conditions. This Broker Supports The Popular MetaTrader 4 (mt4) Trading Platform, Which Is Known For Its Advanced Charting Tools And Automated Trading Features.
Although AC MARKETS Offers Live Chat Options For Customer Support And Accepts Various Deposit Payment Methods, The Lack Of Regulation And Transparency Poses Significant Risks For Traders. Traders Must Proceed With Caution And Consider Alternative Regulated Brokers That Can Provide A Safer And More Reliable Trading Environment.
Pros And Cons
AC MARKETS, Also Known As Asian Capital Markets, Has Several Pros And Cons That Traders Should Consider Before Using The Platform. On The Positive Side, AC MARKETS Offers Multiple Market Instruments Including Forex, CFDs And Precious Metals, Allowing Traders To Access Multiple Asset Classes. They Offer Different Types Of Trading Accounts To Suit Different Trading Preferences And Experience Levels. The Availability Of The Widely Recognized Metatrader 4 (mt4) Trading Platform Increases The Convenience And Familiarity Of Traders.
However, It Is Important To Note That AC MARKETS Lacks Regulation By Authorities, Which Raises Serious Concerns About The Safety And Security Of Funds. The Unauthorised And Unregulated Status Of Brokers Indicates That Traders Are Exposed To Higher Risks. In Addition, The Lack Of Comprehensive Information And Transparency Regarding Account Details, Spreads, Commissions And Educational Tools Further Hampers The Ability To Make Informed Decisions.
Market Tools
Available Products AC MARKETS Offers Are; Forex: Trading Forex AC MARKETS Is Simple. Create An Account, Add Your Funds And Trade Securely Using Their Trading Platform. Know With Confidence When Trading AC MARKETS Team Is Here To Provide You With The Best Experience. They Offer Competitive Prices, Fast Execution And Friendly Team Talk
CFDs And Precious Metals. Precious Metals Such As Gold And Silver Are The Oldest Currencies In The World. Even Today, Most Savvy Investors Still Choose To Include Precious Metals As Part Of Their Portfolios. Why? The Reason Is That Precious Metals Have Traditionally Been Used As A Store Of Value During Uncertain Geopolitical Events. When There Is Instability In The Economy, Experienced Traders Tend To Stay Away From Currencies And Stocks And Flock To Precious Metals Markets Such As Gold And Silver. However, It Is No Longer Necessary To Own Such Assets To Trade Gold And Other Precious Metals, And It Is Possible To Trade Precious Metals Online.
Account Types
AC MARKETS Offers Three Types Of Trading Accounts: Islamic, Platinum, And Standard. Here Are The Instructions For Each Account Type:
1. Islamic Account:
The Islamic Account Is Designed For Traders Who Abide By Islamic Principles, Which Prohibit The Charging Or Earning Of Interest (Riba). The Account Follows The Principles Of Sharia Law, Ensuring That No Swap Or Interest Fees Are Charged For Overnight Positions. It Caters To Muslim Traders Who Seek To Trade According To Their Religious Beliefs. However, No Specific Details Are Provided Regarding Benchmarks, Deposit And Withdrawal Methods, Commissions, And Support Products.
2. Platinum Account:
The Platinum Account Is Designed For More Experienced Traders Or Those Who Prefer Higher Leverage. It Offers A Maximum Leverage Of 1:500, Allowing Traders To Have Greater Exposure To The Market With Smaller Margin Requirements. The Minimum Deposit Requirement For A Platinum Account Is Higher Than $1000, Although No Further Details Are Provided. The Minimum Spread Starts At 0, Indicating That The Spread May Be Smaller Compared To Other Account Types. No Information Is Specified Regarding Benchmarks, Support Products, Currency Availability, And Deposit/withdrawal Methods.
3. Standard Account:
The Standard Account Is Suitable For Traders Who Prefer A More Accessible Entry Point, As It Does Not Require A Minimum Deposit. The Maximum Leverage Offered On This Account Is 1:500, Providing Traders With A Flexible Trading Strategy. The Minimum Spread Starts At 0.9, Which May Be Slightly Wider Compared To A Platinum Account. Similar To A Platinum Account, No Details Are Provided Regarding Benchmarks, Support Products, Currency Availability, Deposit/withdrawal Methods, And Commissions.
It Is Important To Note That While Some Basic Information About Account Types Is Provided, The Lack Of Comprehensive Details Can Raise Concerns About Transparency. Traders Should Consult AC MARKETS Or Reputable Sources In Order To Make An Informed Decision As To Whether Each Account Type Is Suitable For Their Trading Needs.
Trade Size:
The Minimum Trade Size Available Is 0.01 Lots, Allowing Traders To Execute Smaller Positions And Manage Risk More Precisely. On The Other Hand, The Maximum Trade Size Offered Is 100 Lots, Catering To Traders Engaged In Large-scale Trading. This Trade Size Range Allows Traders To Adjust Their Strategies According To Their Risk Appetite And Market Conditions.
Spreads And Commissions
AC MARKETS Offers Different Spreads And Commissions Depending On The Account Type. The Details Are As Follows:
For Platinum Accounts, The Minimum Spread Is Expressed As "from 0." This Suggests That Traders May Encounter Smaller Spreads In Trading Compared To Other Account Types. However, No Precise Details Are Provided Regarding Spreads For Different Instruments Or Market Conditions. In Addition, No Information Is Available Regarding Any Commission Fees Associated With Platinum Accounts.
For Standard Accounts, The Minimum Spread Is Expressed As "from 0.9." Although Slightly Wider Than The Potential Spread For Platinum Accounts, It Still Offers Traders A Competitive Price. As With Platinum Accounts, No Information Is Provided About Commissions On Standard Accounts.
Trading Platforms Available
AC MARKETS Offers The Widely Recognized Meta Trader 4 (MT4) Trading Platform. Mt4 Is Known For Its Wide Range Of Features, Including Advanced Charting Tools, Customizable Indicators, And Automated Trading Capabilities Through Expert Advisors (eas). The Platform Is Known For Its Stability, User-friendly Interface, And Compatibility With A Wide Range Of Devices, Including Desktop And Mobile. Traders Familiar With Mt4 Will Make Deposits And Withdrawals
At AC MARKETS.
AC MARKETS Supports A Variety Of Deposit And Withdrawal Payment Methods. They Accept Professional Credit Cards Such As Visa And MasterCard, As Well As Popular Electronic Payment Solutions Like PayPal And Neteller. In Addition, AC MARKETS Houses China UnionPay And US Dollar Tether Transactions, Catering To The Needs Of Customers In Specific Regions. They Also Include Local Payment Providers Popular In South East Asia, Giving Traders The Option To Manage Their Funds. However, It Is Crucial To Ensure That The Chosen Payment Method Matches Your Preferences And Provides A Secure Environment For Financial Transactions.
Client Server
AC MARKETS Offers A Live Chat Option To Make It Easier To Contact Their Customer Support.
