Advanced Currency Markets (ACM) offers global forex trading services to individual traders and institutions. ACM is the foremost Swiss Forex brokerage; clients enjoy affordable online trading backed by Swiss security and reputation. One click dealing on pre-set amounts and expanded intraday trading margins are available to Forex traders.
The firm provides free market information throughout the trading week. The software comes equipped with streaming news feeds and charting tools for extracting both fundamental and technical analysis. ACM maintains offices across 4 continents and is regulated by the Swiss Financial Market Supervisory Authority
ACM connects to more liquidity than any other European broker and offers exotic currency pairs during liquid hours. All forex trading accounts may be traded on margin. The firm offers its clients up to 100:1 leverage on all assets able deal. ACM FX is the largest brokerage in Switzerland in terms of share capital and number of clients.
The initial attraction with ACM is the 3 pip spread on the 4 majors. They also have made guarantees that they will honor stops and that there is no slippage on limit and stop orders – this may not last with other larger brokerage firms no longer providing such a guarantee.
We found no difference between the demo and live accounts. Accounts can be denominated in USD, EUR or CHF. Overall the benefits were not too bad, provided you protect your mouse.
I especially did not like the fact that the one click dealing buttons were large on the screen any accidental click made on the page had a high probability of landing on one of those transaction buttons! I also felt that the platform lacked some form of sophistication, but maybe that’s just me. I felt like I was in kindergarten with big numbers flashing on the screen and the ability to display only a handful of bid / ask spreads.
I do not know if this is due to some Swiss banking law, but it sure as hell is annoying as you need to fork out between U.S. $ 50-100 to have a copy of your passport notarized. As far as I know ACM is the only broker that does this, but I have not reviewed any other Swiss forex broker so it could just be Swiss based brokerage firms.
ACM is the most competitive online foreign exchange broker who is accessible from anywhere in the world, no matter whether you are a professional trader or an amateur. ACM Advanced Currency Market is considered as one of the favorite trading platform for forex trading. Traders all over the world find it easy to use, and transparent. ACM provides excellent performance. It is a trader friendly platform and is secure. ACM is built on strong ethics. ACM makes it easy to do forex trading by offering the best, transparent, and uncomplicated execution.
They are very easily accessible to the customers all over the world. Forex trading is like any other trading which is meant to create more profit for the dealers. But in ACM, they keep their margin at a lower rate by a larger participation of traders through their excellent net work and user friendly methods.
This is the era of severe marketing strategies by telemark or conducting seminars to increase the customers to the point of driving them mad. You will never get a call from an ACM executive convincing you to trade with them. ACM executive will call you only if you are asked to be called. They value their customer’s intelligence and their right to privacy.
The foreign exchange market keeps on changing to suit the changing world economy and financial situations. This makes every forex trading company to be more competitive in every aspect they handle.
Related posts: