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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: Cassidy | Data de  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 | Data de  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 | Data de  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 | Data de  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 | Data de  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 | Data de  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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Author: Soned | Data de  2021-07-29
The offers of AccentForex are promising but I did not open an account because they don't offer a mobile platform. This is important to me because I am often on trips and I need to have quick access on my trading account. I hope the company offers it soon.
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Author: Rannz | Data de  2021-07-20
I had a micro account at AccentForex because it was what I could only afford at that time. At first, the trading activities were normal but then the platform suddenly became problematic. I was no longer able to make another decent trade until I just lost everything. When I complained, they did not say anything.
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Author: Domas | Data de  2021-07-15
I thought that AccentForex would be favorable to beginners because they have choices of account types. I chose the one with the smallest initial deposit and I was excited to start my trades. But their fees are too high and the platform was confusing. I only had a hard time with this broker.
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Author: Milko | Data de  2021-07-09
The primary issue at AccentForex is the inaccuracy. They claim to offer profitable trading conditions but if you look closely, their charts are always delayed and the order execution is not fast. The trading signals are also often false and the quotes are far from reality.
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Autor de accentsforex: Pranoy | Data de  2021-09-07
This is true. You might think that you are having a smooth trading transaction but the truth is that the broker is already executing your orders at the wrong prices. In the end, my trading results were negative and the broker never admitted that their services had a problem.
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