ACM-Overview of Minimum Deposit, Leverage, Spreads

General Information & Regulation

ACM, a trading name of Alite Capital Markets, is allegedly an unregulated online forex broker based in London, the United Kingdom since 2005. The broker claims to provide its clients with a variety of tradable assets with leverage up to 1:400 and floating spreads from 1 pip on the industry-standard MetaTrader4 trading platform, as well as a choice of five different account types.

Market Instruments

ACM advertises that it offers a diverse range of trading instruments in financial markets, including forex, CFD, futures, options, share CFDs, stocks and ETFs.

Account Types

Apart from demo accounts, there are five live trading accounts offered by ACM, namely Starter, Light, Regular, Premium and Premium Plus. Opening a Starter account requires the minimum initial deposit amount of $500, while the other four account types have much higher minimum initial capital requirements of $1,000, $3,000, $5,000 and $10,000 respectively.

Leverage

A leverage ratio of up to 1:400 is offered by ACM, which is much higher than that provided by most brokers. Inexperienced traders are advised not to use too much leverage since leverage magnifies gains and losses.

Spreads & Commissions

ACM claims that different account types can enjoy quite different spreads. Specifically, clients on the Starter account can experience floating spreads from 5 pips, the Light account members have spread from 4 pips, the Regular account holders have spread from 3 pips, while the Premium and Premium Plus accounts can enjoy spreads from 2 pips and 1 pip separately. All charging no commissions.

Trading Platform Available

The platform available for trading at ACM is the worlds most widely-used MetaTrader4, compatible with Windows, Mac, iOS and Android. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.

Deposit & Withdrawal

The minimum initial deposit requirement at ACM is said to be $500. However, the broker says nothing about the available deposit and withdrawal methods.

Customer Support

ACMs customer support can be reached by telephone: +44 11588 81006, email: info@alitecapitalmarkets.com, request a callback or leave messages online to get in touch. You can also follow this broker on social media platforms such as Twitter and Facebook. Company address: Holborn Viaduct EC1 City Of London, London, United Kingdom.