ACM, also known as AC Markets, is a major brokerage firm for Forex trading. This ACM Forex broker is primarily Swiss, with offices in Geneva and Zurich, as well as branches in New York and Dubai, Uruguay. The firm was founded in 2002 and is now one of the top currency-trading sites on the Internet.
Forex investment trading is popular because accounts can be opened with relatively small amounts of money; however, ACM seems to require more starting money than some firms. A minimum of $2,000 USD is required to open a mini account with ACM. Accounts can be opened in USD, EUR, or CHF. Money can be transferred with a debit or credit card, bank transfer, PayPal, or other online money sending sites. Leverage is available up to 100:1, depending on the needs of the individual trader. For major currency pairs, ACM offers 3-pip spreads, but some spreads are available as low as 0.9 pip.
Transparency
ACM prefers to remain highly transparent in all of their activities, which builds trust with customers. ACM prides itself on its "what you click is what you get" function, meaning that whatever rate a trader clicks on stays at that rate. There are no requotes or slippage on executed orders.
Easy-To-Use Platform
ACM's standard platform offers headline updates and charting tools. The customizable software features one-click dealing, which makes trading pleasantly simple for some, while causing anxiety for others who have executed (or fear executing) unwanted trades because of an ill-placed click. Trading can be done anytime it's convenient, from a PC, Internet connection, standard mobile phone, or iPhone.
All Trading Carries Risk
Because Forex offers the potential for high yields, it also involves high risk. Some online reviewers have expressed dissatisfaction with ACM Forex trading, but it's hard to tell if this dissatisfaction is with ACM in particular or with the inherent risks of Forex trading in general. Traders can minimize their risk by becoming familiar with the process through a demo account, which ACM offers, before opening a live account. The demo account works exactly like a regular account and allows traders to practice executing deals.
As with any activity involving risk and any trading, the more knowledgeable a trader is before entering the market, the less likely he is to be disappointed. Research, mentoring, and a game plan can help an investor reach his goals.
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