摘要:Asia Capital Markets or AC Markets, as they are also called, claims to be a world class broker licensed and authorized in a number of jurisdictions including Australia and the United States. And they also claim to have a significant presence on markets like Singapore, the Philippines and Vietnam, and to be offering the lowest spreads possible – fantastic news if only it had anything to do with reality. Regrettably AC Markets is yet another unregulated, offshore website, which on top of that blatantly lies about its U.S. and Australian licenses, while in fact bears all the hallmarks of a scam.
Aspect | Information |
Registered Country/Area | Singapore |
Founded Year | 2-5 years ago |
Company Name | Asia Capital Markets LLC |
Regulation | Not regulated, unauthorized |
Minimum Deposit | Not specified for Standard and Islamic accounts, >$1000 for Platinum account |
Maximum Leverage | 1:500 |
Spreads | Platinum account: from 0 (specifics not provided), Standard account: from 0.9 (specifics not provided) |
Trading Platforms | MetaTrader 4 (MT4) |
Tradable Assets | Forex, CFDs, Precious Metals |
Account Types | Platinum, Standard |
Demo Account | Not specified |
Islamic Account | Available, but specifics not provided |
Customer Support | Live chat options |
Payment Methods | VISA, MasterCard, PayPal, Neteller, China Union Pay, USD Tether, local payment providers popular in Southeast Asia |
AC Markets, also known as Asia Capital Markets, is an online brokerage platform that claims to offer a range of trading services and products. However, it is important to note that AC Markets is not regulated by any reputable regulatory authority, raising concerns about its legitimacy and trustworthiness. The broker falsely claims to be licensed under a Common Financial Service License in the United States, but this claim is unauthorized and the regulatory status is abnormal.
AC Markets provides traders with the opportunity to trade various market instruments, including Forex, CFDs, and Precious Metals. They offer different types of trading accounts, such as Islamic, Platinum, and Standard, with varying features and conditions. The broker supports the popular MetaTrader 4 (MT4) trading platform, known for its advanced charting tools and automated trading capabilities.
While AC Markets provides live chat options for customer support and accepts various payment methods for deposits, the lack of regulation and transparency raises significant risks for traders. It is essential for traders to exercise caution and consider alternative regulated brokers that can provide a more secure and reliable trading environment.
AC Markets, also known as Asia Capital Markets, has several pros and cons that traders should consider before engaging with the platform. On the positive side, AC Markets offers a diverse range of market instruments, including Forex, CFDs, and Precious Metals, allowing traders to access multiple asset classes. They provide different types of trading accounts, catering to various trading preferences and experience levels. The availability of the widely recognized MetaTrader 4 (MT4) trading platform adds to the convenience and familiarity for traders.
However, it is crucial to note that AC Markets lacks regulation from reputable authorities, which raises significant concerns about the safety and security of funds. The unauthorized and unregulated status of the broker indicates a higher level of risk for traders. Additionally, the lack of comprehensive information and transparency about account details, spreads, commissions, and educational tools further hinders the ability to make informed decisions.
s | Cons |
Diverse range of market instruments | Lack of regulation and unauthorized status |
Different types of trading accounts | Limited transparency and information |
Availability of MetaTrader 4 (MT4) trading platform | Higher risk due to lack of regulation |
Insufficient details on spreads, commissions, and tools |
AC Markets, also known as Asia Capital Markets, is not regulated by any reputable regulatory authority. The information available suggests that they claim to be licensed under a Common Financial Service License in the United States, with license number 0536187. However, this claim is unauthorized and the regulatory status is abnormal. It is important to note that unauthorized and unregulated brokers pose significant risks to traders.
Additionally, AC Markets is listed as an unauthorized broker by the National Futures Association (NFA) in the United States. The NFA is a regulatory agency that oversees the activities of brokers and protects the interests of investors. Their listing of AC Markets as unauthorized further raises concerns about the legitimacy and trustworthiness of the broker.
It is essential to exercise caution and consider the risks involved when dealing with unregulated brokers. Regulatory oversight provides a level of accountability and protection for traders, ensuring that brokers adhere to specific standards and practices. Traders are encouraged to choose brokers that are regulated by reputable authorities to safeguard their funds and trading experience.
Available Products on offered at AC Markets are; Forex: Trading Forex with AC Markets is easy. Create an account, add your funds and trade securely using their trading platform. Trade with confidence knowing that the AC Markets team is here to provide you with the best experience. They offer competitive rates, fast execution and a friendly team to talk to
CFDs and Precious Metals. Precious metals, such as gold and silver, are the world‘s oldest currencies. Even today, most savvy investors choose to have precious metals as part of their portfolios. Why? The reason is that precious metals are traditionally used as stores of value during uncertain geo-political events. When there’s instability in the economy seasoned traders tend to stay away from currencies and stocks, and flock to precious metals markets such as gold and silver. However, trading gold and other precious metals no longer requires one to gain possession of such assets. Trade precious metals online through AC Markets.
Pros | Cons |
Diverse range of market instruments available | Lack of information on other asset classes |
User-friendly Forex trading experience | Limited details on CFDs and Precious Metals |
Potential lack of transparency in pricing and market conditions |
AC Markets offers three types of trading accounts: Islamic, Platinum, and Standard. Here's a description of each account type:
1. Islamic Account:
The Islamic account is designed for traders who adhere to Islamic principles, which prohibit the charging or earning of interest (Riba). This account follows the principles of Shariah law, ensuring that no swap or interest charges are applied to overnight positions. It caters to Muslim traders who seek to trade in accordance with their religious beliefs. However, specific details about the benchmark, deposit and withdrawal methods, commission, and supported products are not provided.
2. Platinum Account:
The Platinum account is designed for more experienced traders or those who prefer higher leverage. It offers a maximum leverage of 1:500, allowing traders to have a larger exposure to the market with a smaller margin requirement. The minimum deposit requirement for the Platinum account is stated to be above $1000, although additional details are not provided. The minimum spread starts from 0, indicating potentially tighter spreads compared to other account types. Information about the benchmark, supported products, currency availability, and deposit/withdrawal methods is not specified.
3. Standard Account:
The Standard account is suitable for traders who prefer a more accessible entry point, as it does not require a minimum deposit. The account offers a maximum leverage of 1:500, providing traders with flexibility in their trading strategies. The minimum spread starts from 0.9, which may be slightly wider compared to the Platinum account. Similar to the Platinum account, details regarding the benchmark, supported products, currency availability, deposit/withdrawal methods, and commission are not provided.
It is important to note that while some basic information about the account types is provided, the lack of comprehensive details raises concerns about transparency. Traders should seek additional information from AC Markets or reputable sources to make an informed decision about the suitability of each account type for their trading needs.
Pros | Cons |
Access to specialized account types | Limited transparency on specific details and benchmark information |
Catering to specific trading preferences | Lack of comprehensive information on supported products |
Islamic account option for traders adhering to Shariah principles | Inadequate disclosure of currency availability and commission |
Insufficient information on deposit/withdrawal methods |
The minimum trade size available is 0.01 lots, allowing traders to execute smaller positions and manage risk more precisely. On the other hand, the maximum trade size offered is 100 lots, catering to traders who engage in larger-scale trades. This range of trade sizes enables traders to adapt their strategies according to their risk preferences and market conditions.
AC Markets offers different spreads and commissions depending on the account type. The specific details provided are as follows:
For the Platinum Account, the minimum spread is stated as “from 0.” This suggests that traders may potentially experience tighter spreads on their trades compared to other account types. However, precise details about the spreads for different instruments or market conditions are not provided. Additionally, there is no information about any commission charges associated with the Platinum Account.
For the Standard Account, the minimum spread is indicated as “from 0.9.” While slightly wider than the potential spreads in the Platinum Account, it still offers competitive pricing for traders. As with the Platinum Account, no information about commission charges for the Standard Account is provided.
AC Markets offers the widely recognized MetaTrader 4 (MT4) trading platform. MT4 is renowned for its extensive features, including advanced charting tools, customizable indicators, and automated trading capabilities through expert advisors (EAs). The platform is known for its stability, user-friendly interface, and compatibility with various devices, including desktop and mobile. Traders familiar with MT4 will find a familiar and robust trading environment at AC Markets.
AC Markets supports multiple payment methods for deposits and withdrawals. They accept major credit cards such as VISA and MasterCard, as well as popular e-payment solutions like PayPal and Neteller. Additionally, AC Markets accommodates China Union Pay and USD Tether transactions, catering to the needs of clients in specific regions. They also include local payment providers that are popular in Southeast Asia, allowing traders to have options for managing their funds. However, it is crucial to ensure that the chosen payment methods align with your preferences and provide a secure environment for financial transactions.
Pros | Cons |
Multiple payment methods supported, including major credit cards and popular e-wallets | Lack of specific details about transaction fees and processing times |
Accommodation of China Union Pay and USD Tether transactions, catering to specific regions | Limited transparency on the availability of local payment providers in regions |
Options for managing funds, especially for clients in Southeast Asia | Importance of verifying the security and reliability of chosen payment methods |
AC Markets provides livechat options which is easier to connect with their customers support .
In conclusion, AC Markets, also known as Asia Capital Markets, raises significant concerns and poses risks due to its unregulated status and unauthorized claims. The lack of regulatory oversight raises doubts about the broker's trustworthiness and adherence to industry standards. While they offer a diverse range of market instruments, including Forex, CFDs, and Precious Metals, the lack of transparency regarding spreads, commissions, and account details is a major drawback. Additionally, the absence of comprehensive educational tools and limited withdrawal method information further diminishes the broker's appeal. Traders should exercise caution and consider alternative regulated brokers that provide greater transparency, customer protection, and a comprehensive trading environment.
Q: Is AC Markets a regulated broker?
A: No, AC Markets is not regulated by any reputable regulatory authority. They claim to have a Common Financial Service License in the United States, but this claim is unauthorized and their regulatory status is abnormal. It is important to exercise caution when dealing with unregulated brokers.
Q: What market instruments can I trade with AC Markets?
A: AC Markets offers Forex trading as their primary focus. They also provide the opportunity to trade Contracts for Difference (CFDs) and Precious Metals online, allowing traders to participate in the gold and silver markets.
Q: What are the different account types offered by AC Markets?
A: AC Markets offers three types of trading accounts: Islamic, Platinum, and Standard. The Islamic account is designed for traders adhering to Islamic principles, while the Platinum and Standard accounts cater to different trading preferences and experience levels.
Q: What is the trade size range at AC Markets?
A: The minimum trade size available is 0.01 lots, while the maximum trade size is 100 lots. This range allows traders to execute both smaller and larger-scale trades based on their risk preferences and market conditions.
Q: What are the spreads and commissions at AC Markets?
A: The Platinum Account offers potentially tighter spreads starting from 0, while the Standard Account has spreads starting from 0.9. However, detailed information about spreads for different instruments or market conditions is not provided. Commission details for both account types are not specified.
Q: What payment methods are available for deposits and withdrawals?
A: AC Markets accepts major credit cards, such as VISA and MasterCard, as well as popular e-payment solutions like PayPal and Neteller. They also accommodate China Union Pay and USD Tether transactions, along with local payment providers popular in Southeast Asia.
Q: Which trading platform does AC Markets offer?
A: AC Markets utilizes the MetaTrader 4 (MT4) trading platform, known for its comprehensive features, advanced charting tools, and compatibility across various devices.