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ACM Gold & Forex Trading

South Africa

Founded in

01 Thg 01 2004 (22 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Licenses

--/40

Reviews

--/60

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Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2016

(10 years)

Security Information :

FSCA

FSC

ASIC

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

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Company Information

Get to know ACM Gold & Forex Trading

Established in 2008, ACM Gold & Forex Trading positioned itself as a global ECN (Electronic Communication Network) broker, providing online trading services to retail and institutional clients. The company focused on offering access to markets for foreign exchange, spot metals like gold and silver, and various Contracts for Difference (CFDs). It primarily utilized the MetaTrader 4 trading platform. However, the company's regulatory license from the Financial Services Commission (FSC) of Mauritius was revoked in 2016, effectively ceasing its authorized operations.

Industry

Forex Retail BrokerPRIMARY
Financial Other Service

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News

TrustFinance Intelligence Agency

Research date: Thg 05 14, 2026

ACM Gold's trading license has been provisionally suspended by the South African Financial Services Board (FSB) due to its association with a Ponzi scheme linked to Pastor Colin Davids' Platinum Forex. The FSB claims ACM failed to ensure that its traders were authorized, raising concerns about compliance with South African financial regulations. ACM denies any wrongdoing and insists that existing clients can access their accounts and funds remain secure while they work with the FSB to resolve the issues.

ACM Gold's trading license has been provisionally suspended by the South African Financial Services Board (FSB) due to its association with a Ponzi scheme linked to Pastor Colin Davids' Platinum Forex. The FSB claims ACM failed to ensure that its traders were authorized, raising concerns about compliance with South African financial regulations. ACM denies any wrongdoing and insists that existing clients can access their accounts and funds remain secure while they work with the FSB to resolve the issues.

The article discusses AMC Entertainment Holdings as a potential investment, highlighting its popularity due to social media-driven trading and the potential for significant returns through short squeezes. It emphasizes the stock's volatility and associated risks, including market sentiment influences and fundamental challenges. The guide outlines how to buy AMC stock via brokerage accounts, the importance of monitoring investments, and strategies for selling shares. Additionally, it suggests investing in ETFs or index funds that include AMC to mitigate risks. The conclusion underscores the balance between potential profits and the inherent risks of investing in AMC.

The article discusses AMC Entertainment Holdings as a potential investment, highlighting its popularity due to social media-driven trading and the potential for significant returns through short squeezes. It emphasizes the stock's volatility and associated risks, including market sentiment influences and fundamental challenges. The guide outlines how to buy AMC stock via brokerage accounts, the importance of monitoring investments, and strategies for selling shares. Additionally, it suggests investing in ETFs or index funds that include AMC to mitigate risks. The conclusion underscores the balance between potential profits and the inherent risks of investing in AMC.

ACM Gold & Forex Trading is set to launch a new forex trading platform in Africa in August 2015, in collaboration with Tradable. The platform allows traders to customize their trading experience with over 150 apps, covering various aspects of trading. This initiative aims to support the growing forex trading community in Africa, with ACM Gold being the first broker in the region to offer this platform. CEO Irfan Pardesi expressed excitement about this partnership, emphasizing ACM's unique approach in the forex industry.

ACM Gold & Forex Trading is set to launch a new forex trading platform in Africa in August 2015, in collaboration with Tradable. The platform allows traders to customize their trading experience with over 150 apps, covering various aspects of trading. This initiative aims to support the growing forex trading community in Africa, with ACM Gold being the first broker in the region to offer this platform. CEO Irfan Pardesi expressed excitement about this partnership, emphasizing ACM's unique approach in the forex industry.

Irfan Pardesi has stepped down as CEO of Skywise Airlines after only two months in the position. Previously, he was the CEO of ACM Gold, a South African FX brokerage. Despite his brief tenure at Skywise, Pardesi expressed positive sentiments about his experience. He remains a director at ACM Gold and is involved with Gladdington Pty Ltd, which operates luxury student accommodations. His career in the FX industry began in 2006 with ACM Gold, where he has been influential in various financial consulting and trading ventures.

Irfan Pardesi has stepped down as CEO of Skywise Airlines after only two months in the position. Previously, he was the CEO of ACM Gold, a South African FX brokerage. Despite his brief tenure at Skywise, Pardesi expressed positive sentiments about his experience. He remains a director at ACM Gold and is involved with Gladdington Pty Ltd, which operates luxury student accommodations. His career in the FX industry began in 2006 with ACM Gold, where he has been influential in various financial consulting and trading ventures.

ACM Middle East and Asia has increased its capital by Dh26 million to Dh100 million, aimed at supporting its expansion strategies in the region. This capital boost, financed solely by existing shareholders, is intended to solidify ACM's position as a leading Forex broker and enhance its service offerings, including securing a banking license and expanding its white label platform. The region accounts for 30% of ACM's global trading volume.

ACM Middle East and Asia has increased its capital by Dh26 million to Dh100 million, aimed at supporting its expansion strategies in the region. This capital boost, financed solely by existing shareholders, is intended to solidify ACM's position as a leading Forex broker and enhance its service offerings, including securing a banking license and expanding its white label platform. The region accounts for 30% of ACM's global trading volume.

Provided by TrustFinance AI Analysis

News

TrustFinance Intelligence Agency

Research date: Thg 05 14, 2026

ACM Gold's trading license has been provisionally suspended by the South African Financial Services Board (FSB) due to its association with a Ponzi scheme linked to Pastor Colin Davids' Platinum Forex. The FSB claims ACM failed to ensure that its traders were authorized, raising concerns about compliance with South African financial regulations. ACM denies any wrongdoing and insists that existing clients can access their accounts and funds remain secure while they work with the FSB to resolve the issues.

The article discusses AMC Entertainment Holdings as a potential investment, highlighting its popularity due to social media-driven trading and the potential for significant returns through short squeezes. It emphasizes the stock's volatility and associated risks, including market sentiment influences and fundamental challenges. The guide outlines how to buy AMC stock via brokerage accounts, the importance of monitoring investments, and strategies for selling shares. Additionally, it suggests investing in ETFs or index funds that include AMC to mitigate risks. The conclusion underscores the balance between potential profits and the inherent risks of investing in AMC.

ACM Gold & Forex Trading is set to launch a new forex trading platform in Africa in August 2015, in collaboration with Tradable. The platform allows traders to customize their trading experience with over 150 apps, covering various aspects of trading. This initiative aims to support the growing forex trading community in Africa, with ACM Gold being the first broker in the region to offer this platform. CEO Irfan Pardesi expressed excitement about this partnership, emphasizing ACM's unique approach in the forex industry.

Irfan Pardesi has stepped down as CEO of Skywise Airlines after only two months in the position. Previously, he was the CEO of ACM Gold, a South African FX brokerage. Despite his brief tenure at Skywise, Pardesi expressed positive sentiments about his experience. He remains a director at ACM Gold and is involved with Gladdington Pty Ltd, which operates luxury student accommodations. His career in the FX industry began in 2006 with ACM Gold, where he has been influential in various financial consulting and trading ventures.

ACM Middle East and Asia has increased its capital by Dh26 million to Dh100 million, aimed at supporting its expansion strategies in the region. This capital boost, financed solely by existing shareholders, is intended to solidify ACM's position as a leading Forex broker and enhance its service offerings, including securing a banking license and expanding its white label platform. The region accounts for 30% of ACM's global trading volume.

Provided by TrustFinance AI Analysis

ACM Gold & Forex Trading

IUX

Company Information

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