All Share (J203) = 89 767
Rand / Dollar = 18.16
Rand / Pound = 23.51
Rand / Euro = 19.59
Gold (usd/oz) = 3 079.18
Platinum (usd/oz) = 987.19
Brent (usd/barrel) = 74.17
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

ACFX Review

 

ACFX - Review
 

Overall ACFX offers a wide variety of products and services by means of the Metatrader 4 platform. ACFX has low trading fees with a overall rating of 5/10. ACFX offers a maximum leverage ratio of 1:500 on Forex, 1:10 on CFDs, and 1:100 on Metals.

 

 

ACFX at a glance

Broker's NameACFX
📍 HeadquarteredLimassol Cyprus
📅 Year Founded2007
⚖️ Regulating AuthoritiesCySEC, United Kingdom: Financial Services Association (FSA).
🌐 Countries not accepted for tradeUnited States
☪️ Islamic account (swap-free)No
👍 Demo AccountYes
📊 Institutional AccountsNo
📊 Managed AccountsNo
📈 Maximum Leverage1:500
💰 Minimum Deposit$50/R800
💳 Deposit OptionsMoneybookers, Wire Transfer, Neteller, Webmoney, CashU, Credit/debit cards
DIXIPAY, FasaPay, Skrill, UnionPay
💳 Withdrawal OptionsMoneybookers, Wire Transfer, Neteller, Webmoney, CashU, Credit/debit cards
DIXIPAY, FasaPay, Skrill, UnionPay
💻 Platform TypesMT4
📱 OS CompatibilityWindows, Mac, iPad, iPhone and Android
📈 Tradable assets offeredForex – over 50 pairs, Indices, Futures, Commodities, Stocks
👨‍💼 Languages supported on WebsiteEnglish, Spanish, Chinese, Japan, Arabic, Italian, German, Portuguese, Russian, French, Turkish, Greek, Hindi, Persian, Serbian, Vietnamese.
👥 Customer Support LanguagesEnglish, Spanish, Chinese, Japan, Arabic, Italian, German, Portuguese, Russian, French, Turkish, Greek, Hindi, Persian, Serbian, Vietnamese.
📆 Customer Service Hours24 hours per day, five days per week
👉 Open account👉 Click Here

 

The company is a member of AtlasGroup, one of the most renowned business conglomerates in southeast Europe.

 

ACFX Review – 19 Key Point Quick Overview Revealed (2025):

  1. ☑️ACFX Overview
  2. ☑️ACFX Safety and Security
  3. ☑️ACFX Pros and Cons
  4. ACFX Leverage
  5. ACFX Accounts
  6. ACFX Market Instruments
  7. ACFX Fees
  8. ACFX Deposit and Withdrawal
  9. ACFX Trading Platforms
  10. How to open an account with ACFX
  11. ACFX Customer Support
  12. ACFX Education    
  13. ACFX Research      
  14. ACFX Awards
  15. ACFX vs FX Solutions vs AJ Bell – A Comparison
  16. ACFX Current Popularity Trend
  17. Conclusion
  18. Disclaimer
  19. Frequently asked questions

 

AtlasGroup has about twenty years of experience in investments and commercial banking, as well as real estate investments.

 

ACFX Overview

According to research in South Africa, AtlaseForex.com or better known as ACFX was incorporated in October 2007 and is headquartered in Limassol, Cyprus.

 

Based in Cyprus and regulated by the Cyprus Securities and Exchange Commission (CySEC) ACFX is fully compliant with the EU Markets in Financial Instruments Directive (MiFID) too. ACFX offers a wide variety of products and services by means of the Metatrader 4 platform.

 

Other benefits of trading with ACFX include micro accounts, swap-free (Islamic) accounts, and leverage up to 1:500. Trading is possible in 57 currency pairs including exotic currency pairs, accounts in 6 currencies and 24/5 online support.

 

ACFX offers trading accounts for new traders with as little as a $50 deposit and provides multilingual live support 24-hours-a-day, 5 days a week. A free demo account with $50 000 practice money is available.

 

ACFX Safety and Security

One of the best benchmarks to measure the safety of a broker like ACFX is to establish which regulating authorities are watchdogs over its actions.

 

ACFX is regulated by the Cyprus Securities and Exchange Commission (CySEC) and fully compliant with the EU Markets In Financial Instruments Directive (MiFID). It is also authorized and regulated in the United Kingdom by the Financial Services Association (FSA).

 

There were however a few FPA Traders Court guilty verdicts and cautions against ACFX in recent years.  The FPA recommends caution dealing with this company.

 

 

ACFX Pros and Cons

✔️ Pros❌ Cons
Personal dealer serviceNot well known despite being active for many years
Choose to trade on a variety of platforms
One-on-one free training for beginners
Spread on spot gold is 45 pips and spot silver 4.5 pips

 

ACFX Leverage

Leverage is a facility that enables you to get a much larger exposure to the market you are trading than the amount you deposited to open the trade. Leveraged products, such as forex trading, magnify your potential profit – but also increase your potential loss.

 

Leverage amount is expressed as a ratio, for instance, 50:1, 100:1, or 500:1. Assuming that you have $1,000 in your trading account and you trade ticket sizes of 500,000 USD/JPY, your leverage will equate to 500:1.

 

Margin is the amount of collateral to cover any credit risks that may arise during your trading operations. It is expressed as the percentage of position size (e.g. 5% or 1%), and you have to have funds in your trading account to ensure sufficient margin.

 

For example, on a 1% margin, a position of $1,000,000 will require a deposit of $10,000. The margin level in a trading account needs to be equal or more than 100% to be able to open new trades, otherwise your trading account will be fully hedged.

 

ACFX offers a maximum leverage ratio of 1:500 on Forex, 1:10 on CFDs, and 1:100 on Metals.

 

ACFX Accounts

A forex account at ACFX is a trading account that you will hold and that will work similarly to your bank account, but with the difference that it is primarily issued with the purpose of trading on currencies.

 

Forex Islamic accounts are also known as swap-free accounts as they imply no swap or rollover interest on overnight positions, which is against the Islamic faith.

 

Often, the number and type of accounts that a trader can open with a broker company differs depending on the country in which it operates and the regulatory authorities under whose jurisdiction it falls.

 

📍 ACFX offers the following types of accounts:

➡️ Classic Fixed Spread Account,

➡️ Classic Floating Spread Account

➡️ STP Account

➡️ VIP Account,

➡️ Islamic Account

 

ACFX Market Instruments

The most popular market instruments available from most brokers for trading include:

 

Forex

Forex trading describes the currency exchange market which refers to the global, decentralized marketplace where individuals, companies, and financial institutions exchange currencies for one another at floating rates.

 

Commodities

Commodity markets offer many investment opportunities for traders. Soft commodities have been traded for centuries and plays a major role in portfolio diversification and risk management. Investing in contract-based tradable goods is a reliable way to mitigate risk during times of economic uncertainty.

 

Indices:

Equity, or stock indices, are actual stock market indexes that measure the value of a specific section of a stock market. They can represent a specific stock market or a specific set of the largest companies of a nation.

 

Precious metals:

The trading of gold and other precious metals, along with crude oil, copper or petroleum, are hard commodities that play a major role in the commodities market and are contract-based tradable goods.

 

Energy:

The typical feature of energy prices is high volatility due to the influence of political and environmental factors, supply and demand, extreme weather conditions, and global economic growth.

 

ACFX offers 57 currency pairs including exotic currency pairs as well as Indices, Futures, Commodities, and stocks.

 

 

ACFX Fees

Cost depends on different factors, like spread and margins, and ACFX clients may also experience different fee structures according to their country or place of residence.

 

The spread of a currency pair is the difference between the bid and the ask rate. A pip represents the smallest increment that an exchange rate can move.

 

Margin is the amount of money required in your account in order to open a position. Margin is calculated based on the current price of the base currency against USD, the size (volume) of the position and the leverage applied to your trading account.

 

ACFX offers fixed spread on the Classic Fixed Spread Account for beginners and small traders, and the best available floating spread on the Classic Floating Spread Account.

 

On the VIP Account, ACFX offers the choice of RAW spreads pricing model with competitive pricing, no spread mark-ups and transparent commission structures. ACFX ensures the best execution for clients and provides spreads as low as 2 pips.

 

ACFX Deposit and Withdrawal

Accounts usually require a certain minimum initial deposit, which can be paid in several ways. Withdrawals can usually be done with the same ways, but sometimes differ.

 

📍 In the case of ACFX the following methods and minimum deposits are required:

➡️ Moneybookers

➡️ Wire Transfer

➡️ Neteller

➡️ Webmoney

➡️  CashU

➡️ Credit/debit cards

 

DIXIPAY, FasaPay, Skrill and UnionPay can be used as payment methods on accounts and the minimum deposit to open an account is $50. Moneybookers, Wire Transfer, Neteller, Webmoney, CashU and credit or debit cards can be used for withdrawals.

 

ACFX Trading Platforms

The forex trading platform provided by ACFX to its clients is in essence the software to carry out their trades. Some brokers provide only one, others quite a few platforms.

 

A multi-asset trading platform is one that allows clients to trade forex as well as other asset classes. The decision about which platform to choose will usually depend on what a client would like to trade.

 

ACFX provides a wide variety of products and services by means of the Metatrader 4 platform.

 

How to open an account with ACFX

Similar to a bank, to register a forex trading account with ACFX for the first time, you will be required to go through a basic “know your customer” process, which will allow ACFX to ascertain that your submitted details and ensure the safety of your funds and account details.

 

ACFX Customer Support

Potential traders need to make sure the broker company they chose will offer sufficient support whenever they need it. In the case of ACFX customers can reach the support team via a Call back service, Email, Live chat, Phone call or Skype.

 

ACFX Education    

Before starting to trade, potential clients of ACFX should avail themselves of all possible information and trading skills needed to be successful in the world of forex and commodity trading.

 

ACFX offers introductory videos, a free forex guide, and glossaries to novice traders, and the opportunity to meet with their analysts for a one-to-one at various Expos worldwide.

 

These experienced analysts can offer market know-how and world-class market commentary during all major trading sessions, up-to-date technical and fundamental analysis and a real-time Economic Calendar that further covers all important events and releases that affect the forex market.

 

 

ACFX Research      

To be able to trade with confidence, traders should do as much as possible research about this kind of speculative trading before commencing, but also preceding every daring deal to ensure that they don’t lose money unnecessarily and trade as profitable as possible.

 

With ACFX they have access to experienced analysts that deliver world-class market commentary during all major trading sessions and up to date technical and fundamental analysis.

 

A real-time Economic Calendar covers all important events and releases that affect the forex market. A Glossary, eBooks, and videos provide supplementary information.

 

ACFX Awards

Being an awarded company instills extra confidence by traders.  Although ACFX is acclaimed by customers, there is no indication of awards won on its homepage.

 

ACFX vs FX Solutions vs AJ Bell – A Comparison

🔎 Broker🥇 ACFX🥈 FX Solutions🥉 AJ Bell
💰 Minimum Deposit$50/R800Standard account – $2 000/R32 000
Micro account – $250/R4 000
0 USD/R0
📝 Sign-Up Bonus☑️ Yes☑️ Yes☑️ No
➕ Max. Leverage1:5001:400N/A
💵 Currency Pairs5020
🚀 Open an Account👉 Open Account👉 Open Account👉 Open Account

 

ACFX Current Popularity Trend

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

 

 

Conclusion

ACFX is described as a company with which traders can trade with security, enjoy negative balance protection, use multiple platforms, have access to the latest market news, get rewarded with great promotions and form unique partnerships.

 

Disclaimer

ACFX warns potential customers that Forex and CFDs trading always carries a high risk and may not be suitable for all investors.

 

Before deciding to trade with ACFX, potential traders are advised to carefully consider their investment objectives, financial situation, needs and level of experience before investing money they cannot afford to lose.

 

ACFX warns that margin trading involves the potential for profit as well as the risk of loss and that movements in the price of foreign exchange and commodities are very unpredictable, hence ACFX cannot guarantee a maximum loss that a trader may suffer, according to research in South Africa.

 

Frequently asked questions

TRADING ENVIRONMENT

How many instruments can I trade with ACFX?

You can trade different instruments with ACFX, which include the following:

  • Forex – over 50 pairs,
  • Indices,
  • Futures,
  • Commodities,
  • Stocks

 

Which platforms are supported by ACFX?

ACFX provides the following popular trading platforms:

  • MT4

 

Does ACFX offer leverage?

Yes, ACFX offers maximum leverage of 1:500

 

What spreads can I expect with ACFX?

ACFX offers spreads as low as 2 pips.  If details on the website is not comprehensive, more information can be obtained from the customer support service.

 

Does ACFX charge commission?

More information on commissions can be obtained from the customer support service.

 

Is ACFX regulated?

Yes, ACFX is regulated by the Cyprus Securities and Exchange Commission and the United Kingdom: Financial Services Association (FSA) and is compliant with the EU – MiFID Directive.

 

Is ACFX a recommended forex trading broker for experts and beginners?

ACFX offers a fair-trading environment for all types of traders.

 

What is the overall rating out of 10 for ACFX?

5/10

 

ACCOUNTS

What is the difference between a demo and a live trading account?

A demo account is offered by broker companies and funded with virtual money that enables a prospective customer to experiment with the company’s trading platforms and its features, before setting up a real account funded with the customer’s actual money.

 

Does ACFX offer a demo account?

Yes

 

How long is the demo account valid?

The demo account can be used alongside the alive account.

 

Which live trading accounts does ACFX offer?

  • Classic Fixed Spread Account,
  • Classic Floating Spread Account
  • STP Account
  • VIP Account,
  • Islamic Account

 

What are the available deposit currencies for a live trading account?

Chinese yuan, Euro, Great Britain pound, Japanese yen, Polish złoty, Swiss franc, United States dollar

 

DEPOSITS AND WITHDRAWALS

What is the minimum deposit for ACFX?

$ 50

 

How do you make a deposit and withdrawal with ACFX?

ACFX offers the following deposit and withdrawal methods:

  • Moneybookers,
  • Wire Transfer,
  • Neteller,
  • Webmoney,
  • CashU,
  • Credit/debit cards
  • DIXIPAY,
  • FasaPay,
  • Skrill,
  • UnionPay.

Withdrawals can be done via:

  • Moneybookers,
  • Wire Transfer,
  • Neteller,
  • Webmoney,
  • CashU,
  • Credit/debit cards
  • DIXIPAY,
  • FasaPay,
  • Skrill,
  • UnionPay

 

Does ACFX charge withdrawal fees?

No, but fees from a financial institution may apply/Yes, the different amounts can be found on the company homepage.

 

How long does it take to make a withdrawal?

Depending on bank services it may take several days for the money to be available.

 

4.3/5 - (11 votes)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

April 13, 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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