ACM

Status Recommended broker
License Regulated by the FINMA. The first online forex broker to be ISO 9001 & ISO 27001 certified.
Trading software Advanced Trader, Advanced Web Trader, MetaTrader 4
Trading conditions Min. deposit: $2000
Leverage: 100:1
Commissions: 0
Free trial: Yes
Pip Spread on Majors: 2-3
Address Advanced Currency Markets SA 64, Bahnhofstrasse, 8001 Z├╝rich, Switzerland. Tel:+41 58 226 24
About Advanced Currency Markets SA

Residence, regulating, and company management. As written on the site, the ACM company is headquartered in Geneva (Switzerland) and is controlled directly by the Federal Department of Finance. The company was founded in 2002 as mentioned on the homepage. The company has 5 offices, (Geneva (HQ), Zurich, Dubai, Montevideo and New York), and their addresses are stated. The list of subdivisions of the company its managers are mentioned and there are pictures – together with short profiles/resumes. However, direct contact with the managers is not possible.

Company’s Market Position

Going by their site, ACM works with the largest institutional providers of liquidity, though their names are not disclosed for Swiss compliance reasons.

The company provides standard and institutional accounts, their fundamental differences are in the size of initial deposits (to $50 000 standard, above – institutional). There are management services for individual investors, and brokers, offered.
There are some partnership programs.

Advantages

  • Wide set of trading currencies
  • Competitive terms of trades
  • Clear and full information about term-of-trades
  • Good and various analytical supports
  • Multilanguage support of clients
  • Powerful auction platform
  • Site done correctly.

Disadvantages

The key partners (supplier’s liquidity, calculation bank) are not mentioned due to Swiss regulation.