ACFX (ATLAS FX) Review -OUT OF BUSINESS-
ACFX GENERAL INFORMATION
■ Found: ACFX was established in 2007 | Online since 2010
■ Headquarters: ACFX (Atlas Capital Financial Services Ltd) is headquartered in Limassol, Cyprus
■ US Residents: ACFX does not accept US clients –No-
■ Islamic Accounts: ACFX offers Islamic Swap-Free Accounts –Yes-
■ Regulated: ACFX is regulated by CySEC (085/07) and MiFID (EU), registration also with FCA UK (480859)
■ Web-Site Languages: English, Arabic, Chinese, French, Greek, Hindi, Persian, Russian, Serbian, Spanish, Vietnamese
■ Customer Support Languages: English, Arabic, Spanish, Chinese, French, Greek, Hindi, Persian, Russian, Serbian
ACFX TRADING INFO SUMMARY
■ Broker Type: ACFX is an STP Forex broker
■ CFD Trading: -Yes-
■ Platforms: ACFX offers MetaTrader4 plus a PAMM platform (Mobile apps for iPhone, iPad, and Android)
■ Trading Time Zone: GMT+2
■ Demo Account: ACFX is providing a Demo Account –Yes-
■ Minimum Spread EUR/USD: 1.2 pip (Typical 1.6 pips)
■ Leverage: Leverage at ACFX is up to 1:500
■ Scalping /Hedging: allowed at ACFX –Yes-
■ Bonus Policy: ACFX offers a 10-30% Credit Bonus for all new clients
■ Minimum Account: $50
💱 ACFX ASSET INDEX & TRADING SPREADS
■ ACFX is providing a wide Forex Asset Index containing 71 Forex Currencies
■ Stock Indices via Futures Trading: FTSE 100, Dow Jones 30, S&P 500
■ Many shares from all around the world
■ Energy assets / Soft commodities
■ Metals include: Gold and Silver Trading (GOLD/USD, GOLD/EUR, SILVER/USD, SILVER/EUR)
There are three main account types. Beginner Forex traders who prefer to trade micro, mini, or standard lots can choose the Classic account. Traders who want lower spreads, even during news releases, can opt for the VIP account. Those seeking direct market access to liquidity providers can choose the STP account.
ACFX spreads are variable and start as low as 1.2 pip.
■ Fixed / Floating Trading Spreads
■ EUR/USD spread starts at 1.2 pip (without trading commissions)
■ Zero-Spread (Islamic) account type
TRADING PLATFORM & MOBILE
ACFX TRADING PLATFORM & MOBILE
■ ACFX is offering MT4 and MT4 PAMM platform
■ Scalping and Hedging are allowed
■ Demo account is available at ACFX
■ ACFX offer a mobile app for iPhone, iPad, and Android
■ Trading server: GMT+2
Metatrader (MT4) trading platform:
The ACFX MetaTrader 4 offers:
(1) Analytical tools
(2) Nine timeframes available
(3) More than 50 built-in indicators and tools
(4) Automated Trading / Expert Advisors
(5) Metatrader 4 Multi-Terminal (PAMM Accounts)
NEW ACCOUNT INFORMATION
■ The minimum initial deposit at ACFX is 50 USD.
■ Deposit Currencies: Euro, US Dollard, Australian Dollar, Great Britain pound, Japanese yen, Polish złoty
TRADING ACCOUNT TYPES
Three Spread Types (STP, Fixed, and Floating Spreads). The following table includes information regarding the STP account types.
| STP ACCOUNTS | Classic | VIP | RAW |
|---|---|---|---|
| Minimum Deposit | $50 | $10,000 | $10,000 |
| Minimum Spread | 1.4 pips | 1.2 pips | 0 pips |
| Trading Commissions | 0 | 15 USD | |
| Stop Out Level | 30% | ||
| Maximum Leverage | 1:500 | ||
| Swap Free Accounts | Yes | ||
| Welcome Bonus | No Bonus Policy on STP Account Type | ||
| Minimum Order Size in Lots | 0.01 | 0.1 | 0.1 |
| SMS Service | No | Yes | Yes |
| Market Reports and Analysis |
Yes |
||
| Personal Account Service Manager | Yes | ||
| Deposit Currencies |
EUR, USD, JPY, CHF, GBP, PLN, AUD |
||
ACFX FUND METHODS ACFX Fund Methods: ■ Credit / Debit Cards ■ Bank Wire ■ MoneyBookers ■ WebMoney ■ Neteller ■ CashU ■ DIXIPAY ■ FasaPay ■ UnionPay -No withdrawal fees are charged by ACFX
🏁 ACFX Review Conclusions:
ACFX (Atlas Capital Financial Services Ltd) is an STP/CFD broker founded in 2007. The brand went online in 2010. ACFX is based and regulated in Cyprus (EU) and is also registered with the FCA UK.
A key advantage of trading with ACFX is the large asset selection. There are over 70 Forex pairs available, plus Futures and CFDs. Stock indices include Dow 30, S&P 500, and FTSE 100. You can also trade Gold and Silver in EUR and USD, along with many soft commodities, global shares, and energy products. Trading platforms include the classic MetaTrader 4 and the MT4 Multi-terminal for PAMM accounts. Mobile platforms are available for iOS, iPad, and Android. Forex scalping and automated trading are fully allowed. Leverage can be up to 1:500.
ACFX offers many account types. The minimum deposit is $50, and you can fund your account through various methods. There are no fees for deposits or withdrawals. Customer service is available 24/5 in multiple languages via live chat, phone, and email. A personal account manager is also provided.
Currently, ACFX offers a welcome bonus of up to 30%, which can be used as extra margin.
⚖️ ACFX REVIEW PROS & CONS (According to competition)
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ACFX REVIEW CONCLUSIONS |
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ACFX PROS |
ACFX CONS |
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√ Wide Asset Index containing 70+ Forex currencies, many shares, indices, metals, energy, and soft commodities √ Regulated Broker √ Automated Trading and Scalping are allowed √ PAMM Accounts √ 50USD minimum account, many fund methods √ Personal Account Manager |
X The spreads are not tight for all account types x Only MetaTrader-4 and MT4 multi-terminal (no web traders)
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■ ACFX (ATLAS FX) Review
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