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ACM Gold ACM Gold Review

ACM Gold Review, Rating and Comparison | ACM Gold forex broker

RATING: 2 / 3 REVIEWS ForexBrokerz ACM Gold
ACM Gold is an offshore broker. Your money is not safe.


ACM Gold execution and slippage

2.78 pips
4.36 pips

ACM Gold slippage with Kama-spot trading strategy

Kama-spot is a forex trading strategy, based on technical analysis. It trades mainly EUR/USD, GBP/USD and USD/CHF

Average profit:                14.0 pips
Average trade lifespan:  19 hours
Most traded pairs:               EUR/USD, GBP/USD and USD/CHF


2.84 pips

ACM Gold slippage with Saved FX trading strategy

Average profit:                  16.0 pips

Average trade lifespan:    1 day

Most traded pairs:                 EUR/USD, GBP/USD, USD/CHF
2.79 pips

ACM Gold slippage with Qurenix trading strategy

Average profit:                  9.0 pips

Average trade lifespan:  5 hours

Most traded pairs:             EUR/USD
2.97 pips

ACM Gold slippage with For333 trading strategy

Average pips/trade:           12.0

Average trade lifespan:   15 hours

Most traded pairs:              GBP/USD, EUR/USD, AUD/USD
1.17 pips

ACM Gold slippage with Azar Consulting trading strategy

Average profit:                   28.0 pips

Average trade lifespan:   3 days

Most traded pairs:               EUR/USD
2.84 pips

ACM Gold slippage with The Best Player trading strategy

Average profit:                  22.0 pips

Average trade lifespan:   13 hours

Most traded pairs:               EUR/USD
1.78 pips

ACM Gold slippage with Xiaolidao trading strategy

Average pips/trade:           9.0 pips

Average trade lifespan:   1 day

Most traded pairs:               EUR/USD
3.35 pips

ACM Gold slippage with Youron trading strategy

Average profit:                  9.0 pips

Average trade lifespan:   11 hours

Most traded pairs:               EUR/USD, GBP/USD
2.90 pips

ACM Gold slippage with Duanxian(GBP\USD) trading strategy

Average profit:                      10.0 pips

Average trade lifespan:      1 days
Most traded pairs:                   EUR/USD, NZD/USD, GBP/USD

Trading Accounts


Account type/Platform Minimum Deposit Minimum trade size Maximum leverage Spreads
MT4 R5 000 0.01 lot 1:500 3 pips fixed
From 2 pips variable

ACM Gold offers a single trading account with the option to trade with both fixed and variable spreads, to use leverage up to 1:500, as well as micro tradeable lots on the MetaTrader 4 platform.


Keep in mind that ACM Gold does not except clients who are residents of the US, EU, Japan, Australia, and New Zealand.


The Company. Security of Funds


Company Country Regulation
ACM Gold and Forex Trading (PTY) Ltd. South Africa FSB


Headquartered in Johannesburg, South Africa, ACM Gold has offices in Nigeria, Pakistan Malaysia, India, Slovenia, Mauritius, Madagascar, among other places. Online since 2004, the brokerage offers trading in all major forex pairs, a number of minor, cross and exotic pairs, as well as offer metals, energy, world shares, indices, commodities and spot futures on MT4. The brand is operated by ACM Gold and Forex Trading (PTY) Ltd., a company which is licensed to provide investment and brokerage services by the Financial Services Board (FSB).


The FSB is in charge of the licensing process and oversees the non-banking financial services industry in the country, which includes the activity of financial service providers. Brokerages licensed in South Africa must keep all client funds in segregated trust accounts in a recognized bank in the country.


Moreover, the FSB has enforcement powers to deal with breaches through the enforcement committee, and also runs a customer complaints service, the Office of the Ombud for Financial Services Providers.


Trading Conditions


Minimum Initial Deposit

In order to open an account with ACM Gold, traders have to invest a minimum of R5 000 (around $370), which is average for the local forex market. BlackStone Futures, which is also licensed by FSB requires the same minimum initial deposit.


Spreads & Commissions

ACM Gold offers commission-free trading, but unfortunately both its fixed and variable spreads are above average. Typical available spreads on the web-based MT4 are around 2.3 pips on EUR/USD, while fixed ones are 3 pips for this pair.      

For purposes of comparison, major forex broker FXCM (which also has a license from FSB) offers averaged spreads of 0.4 pips on the EUR/USD with a commission of $4 per lot.  For more information, you may look up real-time spreads of 15 leading brokers here.



The maximum leverage level offered by ACM Gold is 1:500, which is considered high, yet a number of brokers offer leverage equal to or exceeding 1:500. FXCM, for instance, offers leverage up to 1:400.


We advise traders to operate carefully with higher leverage levels, for they involve greater risk.


Trading Platforms


ACM Gold supports the  powerful MetaTrader 4 (MT4),available in all forms and shapes.


The MT4 is highly regarded by the online trading community mostly because it allows users to fully automate their trades by choosing from a wide range of EAs (or developing such themselves). What is more, it offers a number of technical analysis indicators, extensive back-testing environment and advanced charting tools.


ACM Gold’s web MT4. Click to enlarge.


Keep in mind that ACM Gold does not allow all types of trading methods strategies. The broker announces that it reserves the right to close any account if it is deemed to be engaging in unethical or questionable trading styles including, but not limited to, scalping (if more than 10% of the trades are closed within 3 minutes) and latency arbitrage


Methods of Payment


Clients of ACM Gold are able to use only credit card payments and e-wallets Skrill & Neteller.




ACM Gold is one of the oldest South African forex and CFD brokers that supports the good old MT4. The main thing that bothers us with this broker is that its spreads are high and we suspect it acts as a Market Maker. Besides, the information on its website is insufficient. To sum up the above:


Pros Cons
Regulated High spreads
Commission-free trading Scalping not allowed
MT4 available No ECN environment
High leverage levels No choice of trading platforms


Latest news about ACM Gold
Broker Country Regulation Platform Min Deposit Review
$50 Review Website
US NFA, CFTC MT4 $250 Review Website
Cyprus, UK, Mauritius CySec, FCA, FSC MT4, MT5, Web $10 Review Website
Australia, Cyprus ASIC, CySEC MT4, MT5, Iress $100 Review Website
Cyprus, Australia CySec, ASIC MT4, MT5 $5 Review Website
UK, Australia, South Africa FCA, ASIC, FSCA MT4, Trading
$50 Review Website
UK, Cyprus, UAE, South Africa FCA, CySEC, DFSA, FSB MT4, MT5, FxPro
$100 Review Website
Cyprus CySEC MT4, MT5, Web $1 Review Website
Belize IFSC MT4, MT5 $100 Review Website
Cyprus, UK, South Africa, UAE CySec, FCA, FSCA, DFSA MT4, MT5, Web $5 Review Website
Cyprus, UK CySEC, FCA MT4, MT5 $1 Review Website
UK FCA MT5 $5 Review Website
UK FCA MT4, Web, MT4
for Mac
$100 Review Website

Traders` reviews for ACM Gold
















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Avoid ACM Gold

Avoid this broker at all costs. I had a great auto signal system that made money on Demo, but this changed quickly as soon as I went live.
Also revealing is the fact that they want to impose conditions on your trading which is quite ridiculous, why would they do that if not to get your money!

Andy 01/05/2019


Avoid like the plague ! They don't answer even e-mail queries before you're signed up, they just respond with "ticket closed". I can just imagine the stress of trying to deal with them in an emergency !

Alan 08/05/2017
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