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AccentForex: broker of new generation or limited opportunities?

AccentForex positions itself as a market participant with a mission, proclaims its honesty and transparency, and lures traders with its commitment to provide high-quality services. The official website of the stock broker is full of slogans. Okay, let's check.

Online since 2017
Country T19, 1st floor, Tana Russet Plaza, Kumul Highway, Port Villa, Efate, Vanuatu
Website accentforex.com
Regulated by Vanuatu Financial Services Commission (VFSC)
Trading platform MetaTrader 4
Trading instruments Currency pairs, shares, indices, commodities, metals
Payment methods Visa, MasterCard, Neteller, Perfect Money, QIWI, Skrill, WebMoney, wire transfer

Basic information about AccentForex

About company

Dealing center AccentForex as part of Accent Markets Group belongs to Butenix Capital Ltd. The broker is an offshore company registered in Vanuatu and licensed by the Vanuatu Financial Services Commission.

The broker obtained the license of Vanuatu in February 2017. At the same time, some positive reviews of AccentForex’s activity indicate 2010 as the date of foundation, creating an illusion that the company allegedly has considerable experience of working in the forex market.

Trading conditions:

AccentForex offers 5 types of accounts:

1. Micro: deposit - from $50 to $1,000, leverage - up to 1:500, spread - from 2 pips, trade size - 0.1-5 lots.

2. Mini: deposit - $100– $10,000, leverage - up to 1:200, spread - from 0.5 pip, trade size - from 0.1 lot.

3. STP: balance - $100– $10,000, leverage - from 1:1 to 1:200, spread - 0.1 pip, trade size - from 0.1 lot.

4. Profit: deposit - from $1,000, leverage - up to 1:100, spread - from 0.5 pip, trade size - 1 pip.

5. Swap-Free takes into account the religious beliefs of the company's clients. An Islamic account is provided upon request.

The company offers its clients an opportunity to open a demo account as well as a PAMM account. It is possible to open up to 5 accounts. Customer support is also available.

Although AccentForex positions itself as a new generation broker, there is no way to trade on mobile devices. Trading can be conducted only through a PC after the software is installed.

The most important thing is trading hours. Trading with the broker is available from 4:30 PM to 11:30 PM UTC+11!

The Public Offer Agreement also raises doubts. Market participants should read it carefully. AccentForex regards customer funds as assets to cover losses, disclaims all responsibility for delays and losses due to disruption and technical issues, and provides traders with 2 days to challenge the decision.

Feedback from traders

Judging by the reviews posted this year, the company is losing customer trust. There are no positive comments. Many clients claim that the broker's quotes are not accurate, as well as the execution of orders is not instant. Besides, traders note that it is impossible to withdraw funds, the broker's support service ignores customer requests, their deposits are drained, and the withdrawal process is long. Thus, traders do not recommend cooperating with this offshore company.

Conclusion

AccentForex claims to be the leader in the market and yet offers extremely limited opportunities. Traders can hardly make a profit trading in the dynamic market in limited hours and without using mobile applications. The spread offered by the broker is average, the quotes are not accurate. In addition, a great number of complaints about technical issues is a cause for concern. Clients from the CIS countries accuses the company of fraud and criticize the work of its support service. According to the Public Offer Agreement, AccentForex disclaims responsibility for a number of factors which may lead to the loss of customer funds.

The company's offshore registration and the Vanuatu Financial Services Commission can hardly ensure the safety of traders' funds. Can you trust AccentForex? Traders claim that you can’t. One thing is for sure: AccentForex is inferior to even offshore competitors in terms of trading hours as well as opportunities provided by its platform.

The opinion of the review`s author is private and not obligated to reflect the position of the resource. If you have any remarks and suggestions on new articles please contact us via this form.
Author: Manja | Date 2021-10-21
AccentForex only has one trading platform. It is very limiting especially for me who is always on the go. I cannot always bring my laptop with me or open it every now and then that is why I want a broker that offers a mobile platform. The representative from this company told me that they are already developing it that is why I gave them a chance but until now, there is still no mobile platform.
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Author: Mirosla | Date 2021-10-07
I had a micro account at AccentForex and I only invested the minimum amount. I guess I at least made the right decision because after opening an account, I saw how terrible their services are. There is too much slippage in the platform and the charts are not always updated.
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Author: Antonio | Date 2021-10-01
AccentForex thinks of themselves as a top broker when in fact, their services are pretty average. Their platform runs fine but it still gets a lot of issues. The trading spread is also not that tight. Basically, this is the kind of broker that won't be a top choice.
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Author of accentsforex: Natigo | Date 2021-10-11
I honestly thought that AccentForex is one of the strongest Forex brokers in the industry but I was mistaken. This company is all talk but they are not able to provide what they claim to offer. I lost all my money to this broker because of their malfunctioning platform.
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Author: Nagendra | Date 2021-09-22
When I incurred a huge loss in my trading account due to the poor quality of the platform, the broker did not take responsibility for it. All they did was put the blame on me and they terminated my account after that. They did not even try to talk calmly with me.
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Author: Cassidy | Date 2021-09-17
The trading services of AccentForex are very limiting. First of all, they do not have a mobile platform even though the claim to be the leader in the market. Second, payment options are limited as well. And on top of that, the customer service team is not responsive.
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Author: Nina | Date 2021-09-03
If you are a beginner, I do not suggest cooperating with AccentForex. Their trading services are too advanced and complicated. Also, their options are very limited especially with the account types and payment methods.
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Author: Sean | Date 2021-08-23
It seems like AccentForex is providing decent services. But I still want to remind you all to be careful. Many brokers have turned out to be frauds recently and we are still not very certain about the legitimacy of this broker.
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Author: Flores | Date 2021-08-18
Last year, I completely lost my money to AccentForex. I suddenly lost access to my account and the broker did not say anything about it. I don't know if they were still receiving my messages because they never replied to me again.
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Author: Radek | Date 2021-08-09
Right now, I have an account at AccentForex. I opened an account with them because the starting capital is affordable. However, I am having all sorts of problem in my trades now. The platform always has technical issues and the spread goes as high as 20pips.
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Author: Vaitiar | Date 2021-08-02
So far, my experience at AccentForex is going well. I still haven't tried withdrawing my profits so I am not sure how efficient they are. But their platform is generally okay. It has a few issues every now and then but I can still get by. I do hope they make improvements so we can have a better experience.
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