AccentForex FX Broker Review

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AccentForex is a young and new broker that provides professional financial market trading services. AccentForex has a team of specialists who provide transparent and organized services. Investors should expect pleasant market conditions and an enjoyable trading experience.

AccentForex Security and Licenses

AccentForex was established in 2010 as Accent Markets Group Inc’s trading brand. It is a financial services company that provides currency, CFD securities, metals, and futures trading. It has a strong reputation and has attracted a large number of clients over the years. However, some reviews state the opposite.

AccentForex is registered by the VFSC and operates under decent regulatory measures. Although the VFSC is a respected regulatory body, it does not take as many precautions or have as much security as other regulatory bodies such as the FCA or the CySEC.

AccentForex guarantees that each client’s funds are kept separate from those of other clients, as well as the broker’s own corporate funds as part of its security measures. Negative Balance Security is also implemented by this broker, which protects all client balances from falling below zero. It safeguards the client’s funds from market threats that could result in more losses than anticipated.

AccentForex FX Broker Review

AccentForex MT4 Platform Services

AccentForex is known to provide the classic MetaTrader4 as its main platform. It is equipped with hundreds of tools and indicators that make executing trades easier for beginners and experts. This classic platform includes sophisticated technical and fundamental research tools and metrics to assist clients in strategizing trades and identifying business opportunities. It has automated trading capabilities, as well as a customization feature that allows clients to tailor the platform to their preferred trading style. Market liquidity, live data, multiple order forms, and trade history are all available in real time with MT4. The MT4 platform from AccentForex is compatible with both Windows and Mac computers.

AccentForex Trading Accounts

AccentForex offers four trading accounts overall that offer different specifications and features from one another. Below are more in-depth explanations of the accounts. 

Micro Account

This requires a $10 minimum deposit and has a 1:500 leverage. Set spreads starting at 2 pips are used. This account is intended for novices and is often used as a step up from the demo account.

Mini Account

This account needs a $100 minimum deposit and has a leverage of 1:200. It provides variable spreads starting at 0.5 pips. It gives the trader access to 20 currency pairs and CFDs, just like the other accounts.

Profit Account

This account needs a $1,000 minimum deposit to be opened. Even for the average trader, it is relatively costly, but it comes with a number of advantages. With a leverage of 1:100, the account provides variable spreads starting at 0.5 pips.

STP Account

AccentForex’s most common account needs a $100 minimum deposit and leverage of 1:200. It uses variable spreads starting at 0.1 pip and a 0.1 lot minimum place size. Active day traders looking for tight spreads and no requotes should consider it.

AccentForex FX Broker Review

AccentForex Tools and Education

As a competitive international broker, AccentForex provides the necessary educational tools and materials that every trader needs in order to make profitable trades. Below are three of the main tools provided by this broker. 

Economic Calendar

This tool is a calendar of both micro- and macroeconomic activities that have an immediate effect on financial markets. Political and financial activities are also included as long as they have an effect on the price movements of specific assets. This tool acts as a guide to the different factors that may affect the client’s trading. Furthermore, the trader may determine the profitability of their positions before by viewing market events in different timeframes. 

Market News

This tool provides detailed reporting on market occurrences that may affect investors all over the world. This tool periodically discusses events such as the daily movement of currencies, oil prices, and stock market movements. It provides data, analysis, and forecasts on various currency movements.

Forex Analysis

This tool provides a technical research summary for the most commonly used forex and CFD tools. It includes a graphical and indicative overview of price charts, as well as additional information to assist traders in making sound trading decisions.

AccentForex Conclusion

AccentForex is a multinational financial services firm that specializes in forex and CFD trading. It provides competitive features that aid in the creation of successful trades and a positive trading experience in general. However, this broker’s regulatory status may be one of the negative factors that traders should consider before opening an account with it.