AccentForex review

AccentForex aims to offer high quality internet trading services with prompt trade execution, maximum precision and user friendly products. With a strong customer focus, they aim to ensure transparency and professionalism through all stages of trading from opening a live account to withdrawal of profits.

AccentForex state that the benefits of choosing their brokerage services include:

• Low deposits from just $10
• Minimum trade sizes of 0.01 lots
• Narrow dynamic and fixed spreads from 0.1 pips
• Flexible leverages from 1:1 to 1:500
• No hedging margins
• Instant trade executions with minimum delay and no slippage
• No dealing desk
• Automatic trading available
• Scalping accepted
• 64 different currency pairs for trading
• More than 140 financial instruments to choose from
• Easy account sign ups
• Protection against negative account balances
• Multi currency accounts in Euro and US Dollar
• Prices quotes to 5th decimal point
• 24/5 qualified customer support

 

Are There Different Account Types Available?

AccentForex offers numerous account types tailored to the needs of a wide range of investors from beginners to professionals.

Micro
Ideal for beginners without significant financial resources, the Micro account offers:

• Narrow fixed spreads from 2 pips
• Minimum balances of $1000
• Minimum lots of 0.01
• Maximum lots of 5
• Adjustable leverage between 1:1 and 1:500
• Choice of 20 currency pairs and CFDs

Mini
Ideal for investors with a little more experience, the Mini account offers unlimited usage.

• Dynamic spreads from 0.5 points
• Minimum balances of $10000
• Minimum deposit of $100
• Minimum lots of 0.1
• Leverage to 1:200
• EAs permitted

Profit
The Profit account is suited to market professionals and offers flexible conditions together with the biggest range of trading tools.

• Dynamic spreads from 0.5 points
• Minimum trade volume from 1 lot
• Leverages to 1:100
• Phone trading available
• EAs permitted

STP
The STP account guarantees no requotes as well as minimal spreads.

• Narrow dynamic spreads from 0.1 points
• Minimum deposits from $100
• Maximum balance up to $10,000
• Minimum trading lots from 0.1
• Flexible leverages between 1:1 and 1:200
• Choice of 60 currency pairs and CFDs
• EA trading permitted

Swap Free
All of the above account types are available in a swap free version which is suitable for Islamic clients who require a Sharia law compliant account.

Demonstration
If you want to try out the AccentForex trading platform or experiment with different trading strategies before opening a live account, a demo account is the ideal choice. Allowing experimental trading with no financial risk, investors can explore the interface and test theoretical knowledge before making a final decision.

AccentForex use the popular MetaTrader 4 trading platform which is user friendly and easy to access. Offering a good choice of technical indicators and customisable tools, it is leading the way in the industry. MetaTrader 4 can be easily downloaded from the broker’s own website.

Deposits and Withdrawals

Depositing funds into a live AccentForex trading account is very simple and takes around 24 hours to be processed. Withdrawals are also easily actioned and take one working day to be processed. There are several options for traders when it comes to banking methods. These include:

• OKPay – this system allows for virtually instant top ups and no additional fees or commissions are charged on top of the payment system’s own 0.5% fixed fee (or up to $2.99)
• MoneyBookers – maximum amounts of $10,000 are allowed in a single transaction. This system also allows those without a MoneyBookers account to use their AMEX, MasterCard, Diners Club or Visa card to replenish their account. MoneyBookers charges a fee of 2.9% and funds will be received no later than one day after the top up is made.
• Credit or debit card via Skrill
• Bank wire transfer

Withdrawals are processed via the Trader Room. No commissions are charged by the broker and the process is generally completed within 5 working days of the request being received.

AccentForex Customer Service Team

Customer support is very important when choosing a broker, and AccentForex have taken this on board, offering several contact methods by which the support team can be accessed. The website itself is available in four different languages:

• English
• Russian
• Malaysian
• Indonesian

There are also a comprehensive selection of email addresses and telephone numbers available on the website through which different departments can be contacted in order to ensure that queries and issues are transmitted to the most appropriate team. The options include:

Client Support Centre
The client support team can be contacted by the convenient live chat facility, available through the website for rapid responses to any urgent problems 24 hours a day, 5 days a week. They can also be telephoned, emailed or contacted via Skype.

Accounting
Any accounting issues can be addressed to this department via email during its opening hours, 9 am until 9 pm UTC + 2

Sales and Marketing
Open from 9 am until, 9 pm UTC + 2, this team can be contacted via phone or email.

Press
Available through email and phone between 9 am and 9 pm UTC + 2.

Introducers Support
Can be contacted between 9 am and 9 pm UTC + 2 through email, Skype or telephone.

Operational Back Office
Available through telephone or email between 9 am and 9 pm UTC + 2.

Technical Support
This team can be contacted via email 24 hours a day, 5 days a week.

Perwakilan Indonesia
Available via email.

AccentForex’s great selection of customer support options, banking methods and account types make this a good choice of broker. As this company also offer the popular MetaTrader 4 platform, clients can also rest assured that they are choosing a user friendly platform that suits the needs of all level of investor. On the downside however this broker is not regulated and therefore may be too risky for the preferences of some investors.
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