All reviews represent only their author's opinion, which is not necessarily based on the real facts. I've been using ACM since in UK and its web based platform is fine to me.
It is a bit difficult to identify techicak indicators such as Ichimoku on the charts. And over night rate is expensive compare to other FX dealers, IFC markets which giving me about 0. Since 30th of January, each time when I open ACM web, they are now showing a message "Swissquote Bank Ltd "Swissquote" is a bank licensed in Switzerland under the supervision of the Swiss Financial Market Supervisory Authority FINMA.
Swissquote is not authorized by the Financial Services Authority FSA to communicate financial promotions in the UK, in the course of its business. Can I trust them? Could someone tell me? I tried to contact them but the chat window is not working. I have sent a e-mail but no reply. Their system simply deleted one of my winning trades. There is not any trace in history or journal! You may ask how I can prove it?! Simply the answer is I can't. Although I can program my EA to log my trades to files, it cannot be used to raise a complaint to regulatory firms as it is simply purged from their server.
Their server becomes very slow in high volatility market conditions. So if you are winning, the platform becomes very slow so you would not be able to close or modify your open positions. I checked it in parallel with another platform and the other one were working smoothly at the same time.
I do not recommend to use this broker. Try their demo prior to open a real account to see it yourself. I use ACM's new webtareder platform. The "old" model was not bad This new one however is so totally fresh and fast for a web platform, it is probably up there amongst the best currently available. It seems there are a host of new platforms coming out recently, and this is the latest one.
How does it compare? The first thing that struck me was its clean look. Definitely cleaner than Metatrader 4. WebTrader however has them in separate windows meaning you can view them simultaneously. The first is something called, a GTC order, meaning Good for the day. A GFD order remains active in the market until the end of the trading day.
Now, since forex is an ongoing market, the end of day must be a set hour. For ACM the end of the trading day occurs at exactly Other types of orders include, the IF DONE type order. Basically, it means, if for example, the trader believes that the EURUSD is going down but will reach a resistance at say 1.
At that point, the trader thinks that the market will rebound which is why the trader can place a sell order at 1.
This kind of order allows the trader to execute a strategy without constantly being behind the computer. When the execution of an order reduces the exposure on the traded currency-pair, the FIFO First In First Out rule will apply, and the oldest position on the traded currency pair is closed or reduced. If the amount of the order is larger than the amount of the closed position, the next oldest position is reduced or closed.
This process will continue as long as the entire amount of the order has not been booked. If all positions are closed and top investment options in india 2013 is still an available amount which has not been booked, the order reverses the exposure from long to short or from short to long. A new position with the residual amount will be created in the opposite direction.
This means, orders linked to an open position are called Linked orders. It means that the execution of linked orders will only affect the linked position by closing it. Linked exit options for private equity investors are easily configured by the client. The client just has to select a position in the list of all open positions on it and selecting the appropriate order type to close that position.
The problem is however, web based platforms are notoriously sluggish. Nothing can compare for speed to having a local based platform installed on your own hard drive. Overall, this is a decent platform, easy to use, with lots of functionality.
Is ACM a reliable Forex broker? | Forex Scams
To Franky Benito Giuseppe, Paysan of Fx sales and trading interview questions Remember also that markets are closed!
During acm forex trading reviews trading hours, All customers are fully responsible for monitoring the activity on their accounts. In the case that open positions result in excessive margin exposure and attain the allowable limit, liquidation will occur automatically and all open positions will be closed.
Over the weekend stole USD It increased the difference between ask and bid of 60 pips to steal my money. The level of the margin was down and he took my money. If you have a sec watch it. There are some details above that are wrong.
ACM FX Review – Forex Brokers Reviews & Ratings | kysiqubonypun.web.fc2.com
ACM exist since I use them since also now they also have the MT4 platform. This broker have excellent execution in all the market condition, they even guarantee fills with market orders The spreads are with other tight spread brokers e.
EURGBP on my account is 2 pips, during volatile market I have never yet seen it go over 5 pips yet which is better than brokers offering 1 or 1. Sure if you want a big account then the same pair closes to 1. As a Swiss broker, the FIFO rule does not affect them, and hedging is possible. It is all about the execution and ACM are leaders in that field.
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Contact Webmaster Forex Advertising Risk of Loss Terms of Service. Please disable AdBlock or whitelist EarnForex. Company Swissquote Bank SA Founded in Online since Offices in Switzerland United Arab Emirates United States Uruguay. MetaTrader 4 Web Trader SerSart Advanced Trader. Show account currencies Hide account currencies. Canadian dollar Euro Great Britain pound Japanese yen Swiss franc United States dollar. Show currency pairs Hide currency pairs. Show website languages Hide website languages.
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Reviews 8 reviews of ACM are presented here. Thursday, February 2, I just tried their MT4 demo account and found some serious problems: Wednesday, September 15, This review best sums it up.
Wednesday, February 17, Their website clearly states the following: I and other friends trade here and never has there been any underhand issues. Tuesday, December 22, I have close my account with ACM because for my opinion its very big scam. Don't use this broker.
I have the proveand i'm very happy for the visit of the police. I hope he will close. Wednesday, November 4, It's called tired of slippage? Rick PrendergastEurope. Friday, October 9, I have been very pleased with their customer follow up as well as their trading conditions.
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