All Share (J203) = 89 898
Rand / Dollar = 18.24
Rand / Pound = 23.62
Rand / Euro = 19.69
Gold (usd/oz) = 3 056.02
Platinum (usd/oz) = 988.60
Brent (usd/barrel) = 73.96
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

AccentForex Review

AccentForex Review

 

Overall AccentForex is considered a low-risk broker with an overall rating of 7/10. AccentForex is registered and regulated by the Vanuatu Financial Services Commission (VFSC). AccentForex offers traders the choice between five accounts to trade with.

 

AccentForex at a glance

 

🔎 Broker's NameAccentForex
📍 HeadquarteredVanuatu
📅 Year Founded2010
⚖️ Regulating AuthoritiesVFSC
🌐 Countries not accepted for tradeUnited States and the United Kingdom
☪️ Islamic account (swap-free)Yes
👍 Demo AccountYes
📊 Institutional AccountsYes
📊 Managed AccountsYes
📈 Maximum Leverage1:500
💰 Minimum Deposit$50 / €50 / R772 ZAR
💳 Deposit OptionsBank transfer, Visa/Mastercard,
Skrill , Neteller, Bitcoin transfer,
Withdrawal Options, Bank transfer, Visa/Mastercard
💳 Withdrawal OptionsSkrill Neteller
Bitcoin transfer
💻 Platform TypesMetaTrader 4
Windows, Mobile, Web, iPhone, iPad
📱 OS CompatibilityPC and Mac OS, mobile for Android and IOS
📈 Tradable AssetsForex, commodities, indices, stocks, metals
👨‍💼 Languages supported on WebsiteEnglish
👥 Customer Support LanguagesEnglish
📆 Customer Service Hours 24/5
👉 Open a account👉 Click Here

 

Min Deposit

USD 50

Regulators

VFSC

Trading Platform

MT4

Crypto

Yes

Total Pairs

20

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Choose your quick section of our AccentForex Review below.

AccentForex  Review – 20 key points quick overview:

 

  1. ✔️AccentForex Overview
  2. ✔️AccentForex Safety and Security
  3. ✔️AccentForex Leverage
  4. AccentForex Accounts
  5. AccentForex Market Instruments
  6. AccentForex Fees
  7. AccentForex Deposit and Withdrawal
  8. AccentForex Trading Platforms
  9. How to open an AccentForex  account step by step
  10. AccentForex Customer Support
  11. AccentForex Education
  12. AccentForex Research
  13. AccentForex Awards
  14. AccentForex Current Popularity Trend
  15. AccentForex vs AvaTrade vs FBS – Comparison Table
  16. AccentForex Customer Reviews – TrustPilot
  17. AccentForex Pros and Cons
  18. Conclusion
  19. Disclaimer
  20. Frequently Asked Questions

 

Professionalism, transparency, and customer focus are the main principles of work at all stages from the account opening to withdrawal.

 

AccentForex Overview

 

According to research in South AfricaAccentForex is a financial broker established in 2010, and owned and operated by Accent Market Group. AccentForex does not have offices in several areas of the world as is the case with most reliable and professional brokers.

 

 

AccentForex’s goal is to create a favorable environment in which you will be able to fully realize your intellectual and financial capabilities to maximize profits in the financial markets.

 

The company set itself the task of providing clients and partners with the most effective combination of the best trading conditions, a professional team, and maximum reliability.

 

AccentForex places great importance on the development of new technologies, promising directions, and unique offerings for its customers.

 

AccentForex Safety and Security

 

AccentForex Safety and Security

 

It is allegedly not safe to trade with AccentForex. The broker is owned by Accent Markets Group Inc. which is an offshore company registered in Vanuatu and registered with a Vanuatu Financial Services Commission (VFSC) license.

 

No reputable governing body is regulating this broker. Even though the VFSC regulator completely controls the activities of market participants and ensures compliance with international standards, Vanuatu is the easiest jurisdiction to open a brokerage in.

 

The opening requires the company to submit a register online, prove initial established capital which is only $2 000, pay a fee, and within 2-3 months, the firm is registered.

 

As for the broker’s VFSC license, there is no handbook or guidelines for brokers to run their businesses. This means there is zero protection for traders.

 

Min Deposit

USD 50

Regulators

VFSC

Trading Platform

MT4

Crypto

Yes

Total Pairs

20

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

AccentForex Leverage

 

AccentForex Leverage

 

AccentForex offers leverage from 1:1 – 1:500.

AccentForex Accounts

 

AccentForex Accounts

 

 

AccentForex offers traders the choice between five accounts to trade with.

 

📍AccentForex Micro trading account

This account is designed for beginners who want to try their hand, for the first time, trading on Forex, but do not have significant financial resources.

 

The Micro trading account will allow you to work out your own trading strategies, as well as get used to working on Forex using real trading accounts.

It offers:

 

🌐 AccentForex Micro
trading account
➡️ Narrow fixed spread: From 2 pips
➡️ The minimum deposit: $50 / €50/R772 ZAR
➡️ Maximum balance: Up to $1,000 / €1,000/R15459
➡️ Minimum lot: 0.01
➡️ Maximum lot: 5
➡️ Adjustable leverage: From 1:1 up to 1: 500
➡️ 20 currency pairs and CFD

 

📍AccentForex Mini trading account

The Mini account is a great solution for most traders who have some experience in the Forex market. The main advantage of opening this account is the possibility of unlimited usage of available AccentForex trading tools.

 

🌐 AccentForex Mini trading account
➡️ Spread: From 0,5 points
➡️ Minimum volume of trade: From 0,1 lot
➡️ Leverage: Up to 1:200
➡️ Minimum deposit: From $100 / €100/R1545
➡️ Maximum balance: Up to $10 000 / €10 000/R153069
➡️ Margin-call / stop-out levels 60% / 50%
➡️ The cost of one tick for one lot: 1 USD
➡️ Size of tick: 0,01

 

📍AccentForex Profit trading account

This account is designed for professionals. It has the widest range of trading tools, flexible conditions, and a responsive attitude from the broker, which makes this type of account unique.

 

🌐 AccentForex Profit trading account
➡️ Spread: From 0,5 point
➡️ Minimum volume in trade: From 1 lot
➡️ Leverage: Up to 1:100
➡️ Minimum deposit: From $1000 / €1000/R15 459
➡️ Margin-call / stop- out levels 60%/50%
➡️ The cost of one tick for one lot: 1 USD Size of tick: 0,01

 

📍AccentForex STP trading account

This account will satisfy most Forex trader and investor requirements. The best benefit of the account is the guaranteed absence of requotes and minimal spreads from 0.1 pips that make the STP trading account very popular.

 

🌐 AccentForex STP trading account
➡️ Spread: From 0.1 points
➡️ Minimum deposit: From $100 / €100/R1545
➡️ Maximum balance: – Up to $10 000 / €10 000/R154196
➡️ Minimum lot for trade: 0,1
➡️ Flexible leverage: From 1:1 to 1:200
➡️ Margin-call / stop-out levels 60%/50%
➡️ The cost of one tick for one lot: 1 USD
➡️ Size of tick: 0,01

 

📍AccentForex SWAP-FREE trading account

This account offers a separate group of accounts, Micro, Mini, Profit, and STP, which takes into consideration the religious beliefs of some AccentForex clients.

Swap-free accounts are offered for people of Islamic belief. All trading conditions (except swap) remain unchanged.

AccentForex also offers PAMM accounts (Percent allocation management module) for money managers and investors.

 

AccentForex Market Instruments

 

AccentForex Market Instruments

 

AccentForex offers trades in:

➡️ Forex

➡️ Stocks

➡️ Commodities

➡️ Metals

➡️ CFDs

 

AccentForex Fees

 

AccentForex Fees

 

Account deposit starts from $50/R772  and spreads start from 0.1 pips. You can choose between a variable or a fixed spread.

 

The commission for deposits with the Skrill payment system is 4.5%. The withdrawal commission is 1%. The commission for deposits with the Advanced Cash payment system is 2.5%. The withdrawal fee is 2%.

 

When depositing funds using Bitcoin transfer there is no commission. However, the amount credited to your AccentForex account can differ from the one sent, as market conditions (exchange rate) may change.

 

The commission for deposits with the Perfect Money payment system is 2.5%. The withdrawal commission is 2%. The commission for deposits with the QIWI payment system is 4%. The withdrawal fee is 3.5%.

 

AccentForex does not take any commissions, but payment systems or banks can take some commissions. AccentForex does not charge fees for internal transfers.

 

AccentForex Deposit and Withdrawal

 

AccentForex Deposit and Withdrawal

 

📍 To deposit funds or withdraw from your trading account with AccentForex is very easy. For deposited money to show in your account takes 24 hours. Various payment methods can be used:

 

💳 Bank transfer
💳  Visa/MasterCard
💳 Skrill
💳 Neteller
💳 Bitcoin

 

AccentForex does not charge commissions for bank transfers. The commission is charged by the client’s bank and intermediary bank. AccentForex credits the full amount received to its bank account.

 

Clients who replenished an account with a card can withdraw funds only for the amount deposited by this card over the past 6 months or 1 year, depending on the processing method.

 

To withdraw money the client must request it from the Personal cabinet. When there are two or more active details, the withdrawal is carried out on any of the selected details in proportion to the replenishment amount from these requisites.

 

Withdrawing funds from bank accounts is possible only after depositing money through a bank. The withdrawal process will be completed within 5 business days from the moment of accepting the withdrawal request by the Company from the Client.

 

AccentForex, in accordance with international laws on combating terrorist financing and money laundering, does not accept payments from third parties, and payments to third parties are not carried out.

 

AccentForex Trading Platforms

 

AccentForex Trading Platforms

 

AccentForex uses MetaTrader4 (MT4) as the only trading platform. This is the choice of millions of traders around the world.

 

Traders can use the MT4 trading platform and trade with maximum convenience and a wide range of tools that will create limitless opportunities for your trading strategy.

 

📍The MT4 trading platform offers:

➡️ 9 times frames

➡️ 29 tools for technical analysis

➡️ 18 objects for analysis

➡️ interactive online charts

How to open an AccentForex  account step by step

 

 

The AccentForex review is simple and easy.

 

🔴Step 1 – Complete the online application

To open a demo account, you must first download the trading terminal and start learning. You get $10 000 in virtual funds to start trading with.

 

How to open an AccenForex  account step 1

 

🔴Step 2 – Upload further information

To open a live account, you start with online registration which is quick and easy and does not take much time.

open accentforex account step 2

 

 

🔴Step 3 – Verify your account

You will receive an email with a link to verify your account and once that is done you can start trading.

Be careful filling in your details during the account registration. Incorrect, inaccurate, or wrong data can significantly complicate the withdrawal of your profit later.

 

Min Deposit

USD 50

Regulators

VFSC

Trading Platform

MT4

Crypto

Yes

Total Pairs

20

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

AccentForex Customer Support

accent forex support

 

 

AccentForex offers customer support 24/5 through telephone, email, live chat, skype, or the filling in of a request form. Working hours are 9:00 – 21:00 UTC+2

AccentForex Education

 

AccentForex does not offer much in the sense of educational support for beginner traders. It has a link for beginners where it explains what forex is, provides a key terms list, explains forex analytics, and gives you the option to open a demo account.

 

Some other educational content can be found throughout the website but there are no trading guides or video tutorials.

 

AccentForex Research

accentforex research

 

The only research tool found on the website is an Economic calendar with all the relevant dates in the financial world. It is a timetable for the release of macroeconomic indicators for the week.

AccentForex Awards

 

There is no indication of awards received by AccentForex on its website or on the Internet.

 

AccentForex Current Popularity Trend

 

As According to Google Trends, here is an overview of how frequently the search term – “AccentForex” is entered into Google’s search engine over a given period of time.

 

AccentForex Current Popularity Trend

 

AccentForex vs AvaTrade vs FBS – Comparison Table

 

🥇 AccentForex🥇 AvaTrade🥇 FBS
🗺️ RegulationVFSCIreland, Australia, Japan, South Africa,
Abu Dhabi, British Virgin Islands, European Union, Polish Branch
IFCS
💰 Minimum Deposit$50 / €50/R772 ZAR$100/R1 600 ZAR$1/ ZAR R16
🚀 Welcome BonusYesOpen a trading account in 1 minute
and receive up to $ 10.000 Bonus
$140
☪️ Islamic AccountYesYes, availableYes, available
📊 Leverage1:1 – 1:500.400:11:3000
💰 Withdrawal feeYesZeroYes
💰 Spreads0.1 pips.0,9 pips3 pips
💳 Demo Trading AccountYesYesYes
📒 Account TypesAccentForex Micro
trading account,AccentForex Mini trading account, AccentForex Profit trading account, AccentForex STP trading account, AccentForex SWAP-FREE trading account
Standard, Islamic, and demo accountCent, Micro, Standard, Zero Spread, ECN, and Crypto Account
📊 Comissions2.5%No Comissions$80 dollar / R1280 ZAR per each lot traded

 

AccentForex Customer Reviews – TrustPilot

 

What I did in the accent

I’ve traded with an accent since 2017. Till now everything is fine for me. First of all, I’ve traded on stp acc. with market execution. It has commissions but they’re average. Secondly, I’ve deposited a card for free. Thirdly I’ve traded on a mobile platform. Fourthly I’ve withdrawn without any delay and am always on time. Fifthly many friends of mine traded with an accent too. So I’m not alone.

Infinox Trustpilot reviews

Good PAMM

The accent has good conditions. I prefer the PAMM system. Since I’m new to trading, I chose PAMM. Now I’m an investor for more than a month. I’ve already withdrawn my first profit. Now I’ve added other investments to my trader.

Infinox Trustpilot reviews

Accent Review

As for me, Accent Forex is a good broker.
what’s good for me:
– Free deposits Card.
Low spreads
– Mobile platform
– Available Bonus
I usually withdraw with Card. And I’d like Accent Forex to make it withdrawal-free too.

Infinox Trustpilot reviews

AccentForex Pros and Cons

 

✔️ Pros❌ Cons
Initial deposit of only $50Not registered with a reputable regulator
Fixed leverage from 1:1 to 1:500 Does not serve clients from US or UK
MT4 platformOffshore regulation
PAMM accountsLack of educational material
Various account offering Lack of additional research trading tool

 

Conclusion

 

AccentForex offers a variety of accounts that will be suitable for any trader whether beginner or professional. It offers MT4 as a trading platform and gives you the choice between a few market instruments.

However, the fact that AccentForex is only regulated by the Vanuatu Financial Services Commission (VFSC) makes it an unreliable broker and not considered by experts who would rather recommend trading with brokers that are regulated by offshore authorities such as the FCA, CySEC, and ASIC.

Trading with unreliable brokers bears a huge risk, and such actions are not recommended. You should always sign up with a broker that has a long-lasting history in the business.

 

You might also like: AccentForex Account Types Overview

You might also like: AccentForex Demo Account – Step by Step

You might also like: AccentForex Fees and Spreads

You might also like: AccentForex Islamic Account Overview

You might also like: AccentForex Minimum Deposit

You might also like: AccentForex Sign-up Bonus

 

Disclaimer

 

Accent Markets Group Inc. is authorized and regulated by the Vanuatu Financial Services Commission (VFSC). License No. 17926.

Since accentforex.com does not control signal power, its reception or routing via the Internet, the configuration of your equipment, or the reliability of its connection, it cannot be responsible for communication failures, distortions, or delays, when you trade online (via the Internet),  according to research in South Africa.

 

Risk Management

 

AccentForex is a financial services company that provides online trading services for a variety of financial instruments, including forex, indices, commodities, and cryptocurrencies. In terms of risk management, the company offers several tools and features to help traders manage their exposure to risk, including:

 

  • Stop Loss Orders: A tool that allows traders to set a predetermined level at which their trades will automatically close, helping to limit their potential losses.
  • Take Profit Orders: A tool that allows traders to set a predetermined level at which their trades will automatically close, helping to lock in profits.
  • Trailing Stop Loss: A tool that allows traders to set a stop loss level that follows the price of the instrument, effectively enabling traders to lock in profits while limiting their potential losses.
  • Margin Trading: AccentForex offers margin trading, which enables traders to trade with more capital than they have in their account, effectively amplifying their returns. However, this also increases their exposure to risk, and traders should be careful to manage their margin exposure.

 

AccentForex provides these and other risk management tools to help traders trade with confidence and minimize their exposure to risk.

 

Frequently Asked Questions

 

Which platforms are supported by AccentForex?

Accentforex supports the MetaTrader 4 platform.

 

Does AccentForex offer leverage?

Yes, AccentForex provides a maximum leverage of 1:500, depending on the selected account types.

 

What spreads can I expect with AccentForex?

AccentForex offers tight spreads from 0.1 points in the STP account for major pairs such as EUR/GBP, while the Micro Account has spreads from 2 pips for EUR/USD.

 

Does AccentForex charge commission?

Yes. The commission is charged at $5 (R69.79 USD/ZAR at the time of writing) per lot and will apply depending on the account type.

 

Are there additional charges on the Islamic account?

No additional charges on this account are charged.

 

There are no reviews yet. Be the first one to write one.


5/5 - (1 vote)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

January 18, 2023

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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