Global Broker Regulation Inquiry App
WikiFX
English
简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
WikiFX Review: Is Accumarkets Reliable?
Abstract：Accumarkets is an online forex broker offering a bunch of financial instruments. Recently this broker has come to our eyes. In this article, we want to show you the reliability of Accumarkets by analyzing different aspects.
About Accumarkets
Registered in South Africa, Accumarkets, owned by Elite Financial Services(Pty) Ltd, is an online forex broker offering traders various financial instruments, including Forex, Shares, Indices, Metals, and so on. This broker is newly established and the target market is South Africa. According to WikiFX, this broker has multiple business addresses.
Lack of Information on The Website
The website of this broker looks pretty shabby. There is a lot of information we cannot find on its website. We dont know what the leverage is and what trading platform Accumarkets use.
Is It Legit？
Accumarkets claimed to be regulated by FSCA. However, we found out that this broker exceeds the business scope regulated by FSCA with license number: 52677. Therefore, we cannot consider Accumarkets a regulated broker. Investing in an unlicensed broker is extremely dangerous as your money can not be protected under the regulation. WikiFX has given this broker a low score of 3.12/10. Investors need to think carefully before making a decision.
Account Types & Minimum Deposit
Accumarkets offers traders three different types of accounts. They are Cent Account, 100% Bonus Account, and Standard Account. The minimum deposit of this broker is $5.
Accumarkets on Social Media
Although Accumarkets does not have a long history in the industry, it has made a lot of efforts on social media platforms in order to promote itself. It has established official accounts on both Facebook and Instagram.
Withdrawal & Deposit
Contact Information
Accumarkets offers multiple choices for investors to contact them. Investors can contact Accumarkets via phone calls and sending emails.
Conclusion: Should We Trust Accumarkets？
As an unregulated broker, Accumarkets cannot protect traders funds if something goes wrong. You may lose all your fund if you invest in an unregulated broker. Besides, this broker has been given a low score by WikiFX, which is another red flag you should be aware of. WikiFX. If you want more information about certain brokers' reliability, you can open our website (https://www.WikiFX.com/en). Or you can download the WikiFX APP to find your most trusted broker.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Read more
CMC Markets Australia Revenue Surges 34%, But High-Net-Worth Clients Face Tax Phishing Threat
CMC Markets Australia reports a 34% revenue surge. Simultaneously, the company's high-net-worth clients are facing a serious tax-related phishing threat.
Original 4h
E TRADE Review: Traders Report Tax on Withdrawals, Poor Customer Service & Fund Scams
Has your E Trade forex trading account been charged a withholding tax fee? Did your account get blocked because of multiple deposits? Did you have to constantly call the officials to unblock your account? Failed to open a premium savings account despite submitting multiple documents? Is fund transfer too much of a hassle at E Trade? Did you find the E Trade customer support service not helpful? In this E Trade review article, we have shared certain complaints. Take a look!
Original 7h
mBank Exposed: Top Reasons Why Customers are Giving Thumbs Down to This Bank
Do you find mBank services too slow or unresponsive? Do you find your account getting blocked? Failing to access your account online due to several systemic glitches? Can’t perform the transactions on the mBank app? Do you also witness inappropriate stop-level trade execution by the financial services provider? You are not alone! Frustrated by these unfortunate circumstances, many of its clients have shared negative mBank reviews online. In this article, we have shared some of the reviews. Read on!
Original 8h
In-Depth Uniglobe Markets Commission Fees and Spreads Analysis – What Traders Should Really Know
For experienced traders, the cost of execution is a critical factor in broker selection. Low spreads, fair commissions, and transparent pricing can be the difference between a profitable and a losing strategy over the long term. This has led many to scrutinize the offerings of brokers like Uniglobe Markets, which presents a tiered account structure promising competitive conditions. However, a professional evaluation demands more than a surface-level look at marketing claims. It requires a deep, data-driven analysis of the real trading costs, set against the backdrop of the broker's operational integrity and safety. This comprehensive Uniglobe Markets commission fees and spreads analysis will deconstruct the broker's pricing model, examining its account types, typical spreads, commission policies, and potential ancillary costs. Using data primarily sourced from the global broker inquiry platform WikiFX, we will provide a clear-eyed view of the Uniglobe Markets spreads commissions prici
Original 10h
WikiFX Broker
Latest News
WikiFX's New Evaluation of ATM Capital LTD: Does its License Protect the Arab Investor?
WikiFXHow a Fake Moomoo Ad Led to the “New Dream Voyage 5” Scam
WikiFXIs Axi Legit? A Data-Driven Analysis of Its Regulatory Standing and Trader Feedback
WikiFXTrive Investigation: High Score, Hidden Risk - The Profit Paradox
WikiFXIn-Depth Uniglobe Markets Commission Fees and Spreads Analysis – What Traders Should Really Know
WikiFXFXPesa Review: Are Traders Facing High Slippage, Fund Losses & Withdrawal Denials?
WikiFXCMC Markets Australia Revenue Surges 34%, But High-Net-Worth Clients Face Tax Phishing Threat
WikiFXBessent believes there won't be a recession in 2026 but says some sectors are challenged
WikiFXmBank Exposed: Top Reasons Why Customers are Giving Thumbs Down to This Bank
WikiFXYoung Singaporean Trader Grew USD 52 into a USD 107,700 Portfolio
WikiFXCurrency Calculator
USD
CNY
Current Rate: 0
Amount
USD
Available
CNY
Calculate