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Voting

Votes: +2

ACFX www.acfx.com

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May 24, 2011 05:35 pm
#1
AKFX User

Mensajes: 8
Member since: 24/05/2011

Hi guys do you have any kind of information regrading this brokers www.acfx.com it seems that they have interesting campaigns running, any one has experience with them i just opened Demo account?

May 24, 2011 06:03 pm
expertreview Hostedbeta

Mensajes: 76
Member since: 29/07/2010

I never heard of them. First time I see it. But looks like they have a higher spread compare to current market rate.

3 pips on EURUSD is high for me while I can get it much cheaper from other brokers. This is all I can day.[erm]

May 24, 2011 06:26 pm
Sasha User

Mensajes: 836
Member since: 16/05/2011

Isnt it 2 pips on eur/usd?

May 24, 2011 08:03 pm
expertreview Hostedbeta

Mensajes: 76
Member since: 29/07/2010

There are different accounts:

Classic account Platform Meta Trader 4 Spreads from 3 pips Instruments more than 30 currency pairs Gold and Silver Yes Max Leverage up to 1:500 Minimum Opening Deposit 50 USD Maximum Opening Deposit 9,999 USD Minimum Trade size 0.01 lot Maximum Trade size 50 lots Account Currency USD, GBP, EUR, JPY, CHF Telephone Trading Yes Commission No

VIP account Platform Meta Trader 4 Spreads from 2 pips Instruments more than 30 currency pairs Gold and Silver Yes Max Leverage up to 1:200 Minimum Opening Deposit 10,000 USD Maximum Opening Deposit N/A Minimum Trade size 0.1 lot Maximum Trade size 50 lots Account Currency USD, GBP, EUR, JPY, CHF Telephone Trading Yes Commission No

Zero Spread Platform Meta Trader 4 Spreads 0 pips Instruments limited Gold and Silver No Max Leverage 1:100 Minimum Opening Deposit 500 USD Maximum Opening Deposit 9,999 USD Minimum Trade size 0.1 lot Maximum Trade size 50 lots Account Currency USD, EUR Telephone Trading No Commission Yes *

so if you have 10k and over in your account you get 2 pips on EURUSD while with 10k, you can get a good spread from different brokers.

May 25, 2011 03:13 am
Sasha User

Mensajes: 836
Member since: 16/05/2011

0o. I actually saw their main page. Thankyou for detailed info.

May 25, 2011 08:44 pm
AKFX User

Mensajes: 8
Member since: 24/05/2011

Thank you for this Info, as far as i can see they have fixed spreads as one of their sales representative told me which is a very good point so during the news time they dont widen the spreads, and as well the option to trade with 0 spread acc as well interesting campaigns and the most important they are regulated! thats not bad :).

May 26, 2011 02:37 am

Mensajes: 939
Member since: 21/04/2011

Originally posted by AKFX

Thank you for this Info, as far as i can see they have fixed spreads as one of their sales representative told me which is a very good point so during the news time they dont widen the spreads, and as well the option to trade with 0 spread acc as well interesting campaigns and the most important they are regulated! thats not bad :).



"interesting campaigns". If you deposit "just" $20000[sick] and trade 500 lots, you get 3 night stay in 5 star hotel. [devil]

Stick to your rules

May 26, 2011 06:15 pm
illiterate User

Mensajes: 561
Member since: 21/04/2011

Normally account managers ask for 10k or 5k amounts. Why not deposit 20k and win a trip.[cool]

https://www.fxstat.com/widget/link?t=medium&c=1&s=25892&o1=growth&o2=drawdown&o3=monthly&o4=equity

May 27, 2011 10:06 am
Champ User

Mensajes: 711
Member since: 17/05/2011

They charge commissions on Zero Spread plan and no spread. Can any one explain if Commission based plan is better than spread base plans?

http://www.fxstat.com/widget/link?t=tiny&c=1&s=24959&o1=growth&o2=drawdown&o3=profitfactor

May 27, 2011 03:57 pm
AKFX User

Mensajes: 8
Member since: 24/05/2011

Well i see it in this way, they offer spreads on Classic 3 pips, and on VIP 2 pips fixed, in this case the coommision based on eurusd on zero is 1.5 usd per mini lot thts better since i look this comission as a spread as well i pay here instead of 3 pip which i emediatley get after i open the position om 0.1 volume, in ths case paying a commision here 1.5 usd per mini lot is as traded 1.5 spread on eurusd.

May 29, 2011 07:46 pm
Champ User

Mensajes: 711
Member since: 17/05/2011

But their commission based plan has many restrictions as compared to other plans

http://www.fxstat.com/widget/link?t=tiny&c=1&s=24959&o1=growth&o2=drawdown&o3=profitfactor

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