The lowest spread available from AccuIndex starts at 1.6 pips for EUR/GBP currency pairs. These are not the lowest spreads in the market, but the broker does offer commission-free trading on the Executive and VIP Accounts.
AccuIndex at a glance:
Broker's Name | AccuIndex |
📍 Headquartered | Cyprus, Mauritius, and the UAE |
📅 Year Founded | 2016 |
⚖️ Regulating Authorities | FSC |
🌐 Countries not accepted for trade | United States |
☪️ Islamic account (swap-free) | Yes |
👍 Demo / Practice Account | Yes, 100% Free |
📊 Institutional Accounts | Yes |
📊 Managed Accounts | Yes |
📈 Maximum Leverage | 1:400 |
💰 Minimum Deposit | $100 |
👉 Sign Up Bonus Programme | No sign up bonus |
💳 Deposit Options | CashU Neteller Skrill Visa Wire Transfer BitPay Crypto PerfectMoney ThunderX |
💳 Withdrawal Options | CashU Neteller Skrill Visa Wire Transfer BitPay Crypto PerfectMoney ThunderX |
💻 Platform Types | MetaTrader 5 Windows, Mobile, Web, iPhone, iPad |
📱 OS Compatibility | PC and Mac OS, mobile for Android and IOS |
📈 Tradable assets offered | Forex Commodities Indices ETFs |
👨💼 Languages supported on Website | English, Japanese, Spanish, Farsi, Chinese, and Russian |
👥 Customer Support Languages | English, Japanese, Spanish, Farsi, Chinese, and Russian |
📆 Customer Service Hours | 24/5 |
AccuIndex Fees and Spreads – 5 key points quick overview:
Accuindex Fees and Spreads
Additional Trading Fees
Accuindex Broker Fees
- Accuindex Pros and Cons
- Accuindex Frequently Asked Questions
Accuindex Fees and Spreads
Traders with AccuIndex can expect the following spread list:
Commissions are charged on the Pro Account at USD 60 per USD 1 million on forex.
Additional Trading Fees
AccuIndex charges swap fees, also referred to as overnight fees, on positions held open overnight. These accrue as interest which can be either debited from or credited to the trader, depending on the nature of the position.
A swap-free account is offered by AccuIndex to traders of the Muslim faith, for whom this type of interest is prohibited by not Sharia law.
Apart from these swap fees, AccuIndex does not charge other non-trading fees such as account dormancy fees or maintenance fees.
AccuIndex does not charge deposit fees, although withdrawal fees are charged on Wire Transfers at USD 25 per withdrawal.
Furthermore, the broker has a limited selection of deposit fees, consisting of USD, EUR, and AUD. Those depositing in other currencies will likely incur conversion fees.
Accuindex Broker Fees
Traders should also be sure to check with the client support or account manager on any additional broker fees which may be waived by their financial institution.
As already noted, traders may be subjected to currency conversion fees should they transfer fees in a currency that is different from their account base currency.
As AccuIndex is not a spread betting broker, spread betting fees will not apply.
Accuindex Pros and Cons
✔️ Pros | ❌ Cons |
Commission-free trading available | Not the tightest spreads |
No deposit fees | Withdrawal fees on wire transfers |
Swap-free account available |
Accuindex Frequently Asked Questions
How many instruments can I trade with AccuIndex?
AccuIndex provides a decent asset selection which includes 28 currency pairs, seven commodity CFDs, four indices and several exchange-traded futures contracts.
Does AccuIndex offer leverage?
Yes, AccuIndex offers maximum leverage of 1:400. However, traders residing in the EU will only be able to access a maximum leverage of 1:50, as per the MiFID regulations under CySEC.
What spreads can I expect with AccuIndex?
The lowest spread available from AccuIndex starts at 1.6 pips for EUR/GBP currency pairs. These are not the lowest spreads in the market, but the broker does offer commission-free trading on the Executive and VIP Accounts.
Does AccuIndex charge commission?
Yes, commissions are charged on the Pro Account at USD 60 per USD 1 million on forex.
Is AccuIndex regulated?
Yes. ACCUINDEX LTD is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC) in Cyprus (License Number 340/17).
ACCUINDEX LTD is authorised and regulated by the Financial Service Commission (FSC) in Mauritius (License Number GB19024778).
Both regulatory entities require that the broker stores client funds in segregated accounts with top-tier banks to safeguard deposits from any financial mismanagement.
CySEC is under the EU’s MiFID directive, and as such is part of a compensation scheme that insures client funds in the case of broker insolvency.
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