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Accent Forex Review – is it scam or safe?

Accent Forex Review  – is accentforex.com scam or safe forex broker?

RATING: 1 / 0 REVIEWS Accent Forex
Accent Forex is an offshore broker. Your money is not safe.

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 Trading accounts and conditions

 

Account type Minimum deposit Minimum trade size Maximum leverage Average spreads
Micro $10 0.01 lot 1:500 2 pips
Mini $100 0.1 lot 1:200 From 0.5 pips
Profit $1000 1 lot 1:100 From 0.5 pips
STP $100 0.1 lot 1:200 From 0.1 pips

 

Accent Forex has four types of live trading accounts: Micro, Mini, Profit and STP. There is also an Islamic swap-free option for all four types, as well as a free demo account with virtual $10 000.

 

The broker also has a PAMM money management service and gives an 8% per annum interest on the account balance for active traders and 2% for the inactive. The interest is calculated on a monthly basis.

 

The broker offers trading on forex and CFDs, with the size of the trading portfolio depending on the type of live account.

 

 

The Company. Security of Funds

 

Company Country Regulation
Accent Markets Group inc Vanuatu VFSC

 

This broker is owned and operated by Accent Markets Group inc, a company licensed as a dealer in securities by the Vanuatu Financial Services Commission. Vanuatu is an offshore zone where the regime for forex brokers is rather lax. Judging by client comments on trader forums, Accent Forex seems to be a fairly decent and reliable broker, despite being registered offshore.

 

The fact that a broker is unregulated does not necessarily mean it is a scam, but it is always advisable to do business with regulated brokers – by FCA, for example.

 

 

Trading Platform

 

Accent Forex offers the most popular trading platform these days – MetaTrader 4 (MT4). The platform has been around for 10 years and enjoys is preferred by brokers and traders alike.

 

MT4 has many functionalities and charting and technical analysis tools. It supports autotrading, Expert Advisories and is user-friendly and stable. The platform also lets users devise and implement own trading strategies and allows hedging.

 

Promotions

 

In addition to the interest Accent Forex pays on client deposits, it offers several types of other bonuses. One is a 40% bonus for each deposit of more than $/€100, but the total sum of bonuses cannot exceed $/€4000. There is also a 35% cash bonus upon opening of a trading account. Both promotions are subject to other conditions as well.

 

 

Methods of payment

 

Accent Forex provides quite a few options for depositing funds. The most standard are bank transfer and debit/credit card, but there are also the electronic payment systems Skrill, PayCo and Ok Pay.

 

 

Conclusion

 

Accent Forex is an offshore MT4 forex broker. It seems that its main target markets are in South East Asia and maybe Russia, but it also targets European investors. Needless to say, the broker is not authorized to operate on any regulated market. That is why it was flagged by the UKs' Financial Conduct Authority (FCA). 

 

Here is our final recap of Accent Forex:

 

Pros Cons
MT4 Registered offshore
Interest on deposits  
Islamic account  

 

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Traders` reviews for Accent Forex

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Price feed

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Customer service

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