ACI Trading

ACI Trading Review: Is ACI Trading a Good Broker?

If you are looking for a CFD/Forex broker that offers low spreads and supports robots or high volume trading, this broker is for you.ACI Trading (acifx.com)This is another name that is starting to gain attention. This article will take you to see "Is ACI Trading good?" through the perspective of licensing, products, account conditions, customer service, and points to watch out for.

Broker Overview: Is ACI Trading Safe?

ACI Trading advertises itself as a prominent online CFD provider with “low spreads starting from 1.5 pips, no requotes, transparent rates and no limits” for scalpers, automated systems and high volume traders.
The company was founded in Vietnam and has offices serving clients around the world, focusing on providing a fast and rewarding trading experience.

The website also states that there is a 35% deposit bonus and supports multiple deposit and withdrawal methods, including bank transfers, credit cards, and e-wallets.
However, some company information, such as governance and accounting details, are unclear, so further investigation is recommended before investing.

Broker Licensing and Regulation

ACI Trading is regulated byFinancial Sector Conduct Authority (FSCA)Which is the financial regulatory body of South Africa.

• License number:FSP51303
  
  

• License level:Grade B
  
  

• status:Regulated
  
  

Being licensed by the FSCA is considered to have a medium level of oversight. The FSCA oversees financial services firms to ensure they operate transparently and comply with established regulations.

However, investors should note that the FSCA does not have the same client money protection systems as Tier 1 regulators such as the FCA (UK) or ASIC (Australia), and should therefore carefully consider the risks.

Examples of awards received by ACI Trading

No evidence or information has been found to confirm that ACI Trading has ever received any awards from any independent agency or financial magazine.

ACI Trading Products and Services

Trading products

ACI Trading offers CFD trading covering the following key assets:

• Forex: Major, Minor and Exotic Currency Pairs
  
  

• Indices
  
  

• Precious Metals
  
  

• Energy
  
  

• Stocks
  
  

• Bonds
  
  

Trading platform

ACI Trading uses the platformMetaTrader 5 (MT5)It is a core platform that supports both desktop and mobile use.
Key features of this platform include:

• Fast order execution system
  
  

• No requotes
  
  

• Support for automated trading (EA)
  
  

• The interface is user-friendly and includes a comprehensive set of analysis tools.
  
  

ACI Trading Account Type Review

According to the company's website, there are three main types of trading accounts:

Standard Account

• Minimum deposit $50
  
  

• Spreads start at 1.5 pips
  
  

• No commission
  
  

• Supports Hedging and Scalping
  
  

Professional Account

• Minimum deposit $50
  
  

• Spreads start from 0.7 pips
  
  

• No commission
  
  

ECN Account

• Minimum deposit $50
  
  

• Spreads start at 1.5 pips
  
  

• There is a commission fee (approximately $7 per lot).
  
  

• Supports Hedging and Scalping
  
  

Maximum leverage: 1:1000

However, there is no clear information on deposit and withdrawal fees or average spreads at each time period.

Deposit and Withdrawal Review

ACI Trading supports deposits and withdrawals through various channels, such as:

• Bank transfer
  
  

• Credit/Debit Card
  
  

• e-wallets
  
  

The company claims there are no hidden fees and that processing is fast. However, there are no details on withdrawal times, KYC procedures, or minimum withdrawal amounts clearly disclosed.

Promotions and bonuses

ACI Trading offers35% deposit bonusFor new and existing customers
However, the bonus terms and conditions state that if the bonus is misused, such as arbitrage or hedging, on multiple accounts simultaneously, the company has the right to cancel the bonus or suspend the user account.

ACI Trading Customer Service

• Contact channels:
  
  

  • Email:[email protected]
    
    

  • Phone: (+84) 912345678
    
    

• Business hours: No specific information provided.
  
  

• Supported languages: English and Vietnamese
  
  

ACI Trading Review: Pros–Cons

strength:

• Licensed by FSCA (No. FSP51303)
  
  

• Low spreads starting at 1.5 pips
  
  

• There are several account types to choose from, including Standard, Professional and ECN.
  
  

• Supports Hedging and Scalping trading
  
  

• There is a 35% deposit bonus.
  
  

weakness:

• The FSCA licence is not the highest level equivalent to Tier 1.
  
  

• Lack of transparent information on deposit and withdrawal times and fees
  
  

• Strict bonus conditions may make it difficult to withdraw bonus profits.
  
  

• There is no confirmation regarding segregation of customer accounts or protection of funds.
  
  

Summary: Is ACI Trading a good broker?

ACI Trading is a broker that offers competitive spreads, a wide range of account options, and supports a wide range of trading strategies. It is also regulated by the FSCA, which adds a certain level of credibility.

However, investors should be aware that the FSCA is not a Tier 1 regulator and that some information, such as details of fees and customer capital protection measures, is not clearly disclosed by the company. Therefore, investors should consider the risks before investing.

Frequently Asked Questions about ACI Trading

Q1: Is ACI Trading licensed?
A: Licensed by the Financial Sector Conduct Authority (FSCA) with number FSP51303.

Q2: What is the minimum deposit?
A: $50 for Standard, Professional and ECN accounts.

Q3: What are the spreads and commissions?
A: The Standard account has spreads starting at 1.5 pips with no commission, while the Professional account starts at 0.7 pips and the ECN account has a commission of approximately $7 per lot.

Q4: Are there any bonuses or promotions?
A: There is a 35% deposit bonus, but it has strict terms and conditions, and profits from the bonus may not be withdrawable in some cases.