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AccentForex is a Forex broker founded in 2010 and located in the Republic of Vanuatu. The broker accepts clients from all over the world, with the exception of the United States, Great Britain and some jurisdictions where restrictions apply.
AccentForex – a regulated broker?
AccentForex is a Forex and CFD broker established in the offshore jurisdiction of Vanuatu in 2010 under the official name Butenix Capital Ltd., which is owned by Accent Markets Group Inc. Today, the broker has offices in Indonesia and Vanuatu, and serves clients around the world.
Although the broker is regulated by the Vanuatu Financial Services Commission (VFSC), it is worth remembering that this is a very weak regulator. This means that there are several requirements regarding such things as segregation of client funds and compensation schemes in the event of the broker's closure or bankruptcy. Despite this, the offshore Forex broker AccentForex offers traders certain advantages, such as a higher leverage of up to 1:500 and a simple registration process.
What types of accounts does AccentForex offer?
The types of accounts offered by AccentForex include the following trading accounts:
- Micro. The account is for beginners, with a minimum deposit requirement of only $50 and a leverage of 1:500, but with fairly wide fixed spreads, starting from 2 points.
- Mini. An account with a minimum deposit of $100, a leverage of 1:200 and floating spreads of 0.5 points.
- PROfit. An account with a minimum deposit of $1000, a leverage of 1: 100 and floating spreads of 0.5 points. Trading by phone is available.
- STP. An account with a minimum deposit of $100, a leverage of 1:200, narrow spreads of 0.1 points and a small commission. Recommended an account for scalping and trading with Expert Advisors.
The broker also offers Swap-free accounts designed for Muslim traders. Moreover, AccentForex offers a PAMM account service, where the PAMM account manager, who shows stable profitability according to his strategy, can attract investors and receive additional profit due to commissions. At the same time, investors can receive passive income, even without having experience in Forex trading.
Trading Platforms
As for trading platforms, AccentForex broker offers a classic MT4 desktop platform.
Trading instruments
AccentForex has a fairly strong line of currency pairs, more than 60 pairs are available for traders. As for other trading instruments, the choice is average with several CFDs on stock indices, gold and silver, as well as CFDs on shares of about 30 American companies.
What is the minimum deposit in AccentForex?
The minimum deposit in AccentForex is $50. As with online brokers, there are many ways to deposit and withdraw funds. For AccentForex, this includes bank transfers, Visa/MasterCard cards, Skrill, Neteller e-wallets and BTC replenishment.
Currently, AccentForex offers a 40% deposit bonus for both new accounts and existing clients who have replenished their accounts with at least $100. Although the bonus can be traded, and any profit received can be withdrawn, the bonus amount itself cannot be withdrawn from the trading account. The broker also regularly holds contests with cash prizes.
In addition, active the broker's clients can receive additional passive income in the form of 8% per annum on the deposit balance, and inactive clients – 2% per annum on the deposit balance. All received funds are available for withdrawal without restrictions.
Conclusions
AccentForex is an offshore Forex broker founded in 2010 and located in Vanuatu and Indonesia. It has a medium-level VFSC regulator, but at the same time it offers a simple account registration process and a high leverage of 1:500.
Before choosing a broker, we recommend that you read the reviews of AccentForex, as well as see our rating of Forex brokers.
General information of AccentForex | |
---|---|
Broker's Name | AccentForex |
Year of foundation | 2010 |
Headquarters | Vanuatu |
Regulation | VFSC |
Trading Platforms | MT4 |
EURUSD Spread | 0.5 pips |
Demo account | + |
Minimum deposit | 50$ |
Base currencies | USD, EUR |
Maximum leverage | 1:500 |
Assets | Currency pairs, stocks, indices, metals |
Deposit replenishment | BankTransfer, Visa/MasterCard, Skrill, Neteller, BTC |
Withdrawal fee | + |
Payment for inaction | — |
Islamic accounts | + |
Segregated accounts | + |
PAMM accounts | + |
Partner account | + |
Scalping | + |
Automatic trading | + |
Mobile trading | + |
Web Terminal | — |
Social trading | — |
Signals | — |
VPS | — |
Deposit bonuses | + |
Contests | + |
Support 24/5 | + |
- Year of foundation 2010
- Head Office address T19, 1st floor, Tana Russet Plaza, Kumul Highway, Port Villa, Efate, Vanuatu
- Maximum leverage 1:500
- Min. deposit $50
- Regulation
- Trading Platforms
- Payment systems for input Bank Transfers, Debit/Credit Cards , Skrill, Neleller, BitCoin
- Payment systems for withdrawal Bank Transfers, Debit/Credit Cards , Skrill, Neleller, BitCoin
- Number of trading instruments 60
- Number of CFD instruments 30
- Number of futures 13
- Number of metals 2