All Share (J203) = 90 150
Rand / Dollar = 18.16
Rand / Pound = 23.56
Rand / Euro = 19.75
Gold (usd/oz) = 3 036.60
Platinum (usd/oz) = 999.64
Brent (usd/barrel) = 70.70
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

AccuIndex Fees and Spreads

Accuindex Fees and Spreads Review

 

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 NameAccuIndex
📍 HeadquarteredCyprus, Mauritius, and the UAE
📅 Year Founded2016
⚖️ Regulating AuthoritiesFSC
🌐 Countries not accepted for tradeUnited States
☪️ Islamic account (swap-free)Yes
👍 Demo / Practice AccountYes, 100% Free
📊 Institutional AccountsYes
📊 Managed AccountsYes
📈 Maximum Leverage1:400
💰 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 TypesMetaTrader 5
Windows, Mobile, Web, iPhone, iPad
📱 OS CompatibilityPC and Mac OS, mobile for Android and IOS

📈 Tradable assets offeredForex
Commodities
Indices
ETFs
👨‍💼 Languages supported on WebsiteEnglish, Japanese, Spanish, Farsi, Chinese, and Russian
👥 Customer Support LanguagesEnglish, Japanese, Spanish, Farsi, Chinese, and Russian
📆 Customer Service Hours24/5

 

Overall Rating

4.1/5

Rated #502 of
Recommended FX Brokers

💰Minimum Deposit

🌐 Regulators

📱 Trading Desk

Crypto

Yes

📈 Total Pairs

☪️ Islamic Account

No

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

AccuIndex Fees and Spreads – 5 key points quick overview:

  1. ✔️Accuindex Fees and Spreads
  2. ✔️Additional Trading Fees
  3. ✔️Accuindex Broker Fees
  4. Accuindex Pros and Cons
  5. 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 deposit methods

 

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 availableNot the tightest spreads
No deposit feesWithdrawal 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.

5/5 - (1 vote)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

March 16, 2022

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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