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Slippage is the difference between the price at which the order has been placed and the price at which it has been executed by the broker. The less slippage you get, the better your trading results will be.
Our slippage data about ACFX is sampled by 10 of the most popular forex trading strategies in Zulutrade.com
Forex Cruise Control is a counter trend strategy, trading exclusively GBP/USD
Average profit: 9.0 pips
Average trade lifespan: 7 hours
Average profit: 12.0 pips
Average trade lifespan: 22 hours
Average profit: 9.0 pips
Average trade lifespan: 9 hours
Average pips/trade: 5.0
Average trade lifespan: 6 hours
Average pips/trade: 10.0
Average trade lifespan: 15 hours
Average profit: 15.0 pips
Average trade lifespan: 14 hours
Average profit: 10.0 pips
Average trade lifespan: 21 hours
Headquarters: Limassol, Cyprus
Regulated by: CySec
Website: ACFX.com
Bonus:30% on your firest deposit
First deposit Bonus
$500 $150
$1000 $200
$2000 $300
$3000 $400
4.3
4.4
ACFX ECN/STP Account:
spread: 0.8 pips
minimum deposit: $50,000
minimum lot size: 100k (standard lot)
maximum leverage: 1:100
Commissions:
USD based accounts: 8 USD per lot rounturn
EUR based accounts: 5.5 EUR per lot rounturn
ACFX VIP Account:
spread: 2 pips
minimum deposit: $10000
minimum lot size: 10k (0.1 lot)
maximum leverage: 1:200
ACFX Classic Account:
spread: 3 pips
minimum deposit: $50
minimum lot size: 1k (0.01 lot)
maximum leverage: 1:500
Deposit/Withdrawal
Bank Wire, Credit card, MoneyBookers, Neteller, CashU, WebMoney
Forex Trading Platforms:
Metatrader 4, MT4 Multiterminal, Windows Mobile phones, Android, Blackberry, iPhone/iPad, Webtrader
Forex Signals:
ACFX parthers with Zulutrade to provide its clients a wide veriety of signal providers
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Add reviewHello. I am trading forex since August - 2 months on demo account and 1 month on live account. I've had demo accounts with several forex brokers until I tested ACFX. My vote is 3* due to the limited experience I have with them but the outlook so far is positive and I hope to revie it later with a better figure. And now the facts:
1. Open classic account (lowest level) ($500USD)
2. They credited bonus as promised
3. Liquidity seems good so far, fast execution
4. No network failures except momentarily, those that I had for 30 seconds or more were due to failure in my own network, at work, not their fault.
5. I have lost some money, but also have made several profitable trades, all profit and all loss were due to my own credit / failure, I have not yet a positive balance (hey, I'm in real Forex for only 1 month, and my major loss was due to fumbling with my keyboard)
6. They have withdrawn bonus after 30 days, but I was expecting that since I didn't fulfilled the volume size required for withholding the bonus (nor was I aiming at that since, immo, it was too high)
7. There is some slippage (so far I noticed 3 pip slippage to stop your trade - stops 3 pips before hitting S/L) and I once noticed a 5 pip slippage before closing with profit (had to close by hand), but in average is also 3 pip slippage - closes with profit 3 pips after hitting T/P.
8. Their bonus policy is a bit "stretched", it is almost impossible to "earn" the bonus (at least for a newbie). I would have to trade 23 lots in a month's time with a $500 account... A bit suicidal, so I accepted the bonus as a 1 month "parachute" against possible drawdowns in case something went impossibly wrong but, otherwise, ignoring it since i would never trade 23 lots in 22 days with $500 :)
Bottom line: I have not yet drawn a profit worth withdrawing so I cannot say what is my experience in that (critical) point, as far as the rest goes I have not contacted helpdesk since I went live (which, in my opinion, is a good thing, as far as I am concearned I would like to live my entire trader life without having to talk to helpdesk.. ever (dream on... ;) ), execution is fast even during high volatility although sometimes will re-quote of course, there's some slippage but it is "manageable". First deposit was fast.
Overall it is a positive broker, I would grant it a 3+, will upgrade to 4 when have withdrawn money and to 5 if after a longer time dealing with them.
I have an account with ACFX for 4 months now and I'm satisfied with this broker.
I'm scalping for 10-12 pips and fast execution is crucial for me. With ACFX my market orders get executed in just 1 sec!
I fund my account by Moneybookers and I glad to see that withdrawal requests are processed the same day.
I like this broker.
Give ACFX a try and you will never go anywhere else.
Best platform (MT4), best spreads, easy cash in and out. Every time I deposit money get A BIG BONUS FROM THEM.
Service, 24/7, always kind, last night I had a problem, they solved it in no time.
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