ACCENT FOREX Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-16 13:36

Abstract：AccentForex, a brokerage company incorporated in Vanuatu in 2010. It mainly supports traders to trade forex using MT4. It also offers 5 trading accounts and 8 payment methods. Currently, the broker is offshore regulated by the VFSC.

AccentForexReview Summary
Founded	2010
Registered Country/Region	Vanuatu
Regulation	Offshore Regulated
Market Instruments	Forex
Demo Account	✅
Leverage	Up to 1:500
Spread	From 2 pips (Mirco Account)
Trading Platform	MT4
Min Deposit	$50 / €50
Customer Support	Email: support@accentforexmai.com
Customer Support	Online Chat: 24/5

AccentForex Information

　　AccentForex, a brokerage company incorporated in Vanuatu in 2010. It mainly supports traders to trade forex using MT4. It also offers 5 trading accounts and 8 payment methods. Currently, the broker is offshore regulated by the VFSC.

Pros and Cons

Pros	Cons
There are 5 types of accounts available	Only forex can trade
MT4 is available
Commission starts at $0

Is AccentForex Legit?

Regulated Country/Region
Regulated Authority	VFSC
Regulated Entity	Accent Markets Group lnc
License Type	Retail Forex License
License Number	17926
Current Status	Offshore Regulated

What Can I Trade on AccentForex?

　　AccentForex enables you to trade forex through 64 major currency pairs as well as stocks, contracts, futures and metals.

Tradable Instruments	Supported
Forex	✔
Precious metals & Commodities	❌
Indices	❌
Stocks	❌
Bonds	❌
ETF	❌

Account Types

　　AccentForex offers four kinds of trading accounts: MICRO Account, MINI Account, PROFIT Account and STP Account.

　　Among them, the minimum deposit requirement is $50 / €50, and the maximum leverage is 1:500. In addition, this broker also offers Islamic accounts.

Account Types	MICRO Account	MINI Account	PROFIT Account	STP Account
Minimum Deposit	$50 / €50	$100 / €100	$1000 / €1000	$100 / €100
Maximum Balance	$1,000 / €1,000	$10,000 / €10,000	-	$10,000 / €10,000
Minimum Lot	0.01	0.1 lot	1 lot	0.1
Maximum Lot	5	5	5	5
Leverage	1:500	1:200	1:100	1:200
Spread Starting From	2 pips	0.5 pips	0.5 pips	0.1 pips
Commission	0 USD	0.001 USD	0.001 USD	0.001 USD
Used Margin per Lot	0.1 * (Equity market price)	0.1 * (Equity market price)	0.1 * (Equity market price)	0.1 * (Equity market price)
Margin for Locked Position	None	None	None	None
Margin Call / Stop Out	60% / 50%	60% / 50%	60% / 50%	60% / 50%
Cost per Tick	1 USD	1 USD	1 USD	1 USD
Tick Size	0.01	0.01	0.01	0.01
Minimum Contract Size	0.1 lot	0.1 lot	1 lot	1 lot
Price Change per Contract	0.1 lot	0.1 lot	1 lot	1 lot
Trading Session Open Time	16:30 server time	16:30 server time	16:30 server time	16:30 server time
Trading Session Close Time	23:00 server time	23:00 server time	23:00 server time	23:00 server time

AccentForex Fees

　　Four trading accounts have a starting spread range of 0.1 to 2 pips, with a commission of $0 for the Mirco account and $0.001 for the remaining three accounts.

Trading Platform

　　AccentForex offers MT4 as the trading platform, available in both desktop and mobile versions.

Trading Platform	Supported	Available Devices	Suitable for
MT4	✔	Desktop, Mobile	Beginner
MT5	❌

Deposit and Withdrawal

　　AccentForex offers 8 payment methods: Bank Transfer, VISA/MasterCard, Skrill, NETELLER, Bitcoin, Ethereum, Tether. Deposits and withdrawals are charged on demand.

Payment System	Deposit Fee Description	Withdrawal Fee Description	Deposit Processing Time	Withdrawal Processing Time
Bank Transfer	Bank fees	0.50%	3 - 5 bank days	Up to 7 bank days
VISA/MasterCard	5.1% + 0.5 USD(EUR) (Free for deposits ≥ 1000 USD/EUR)	Bank fees	Within 5 minutes	Up to 7 bank days
Skrill	7%	1%	Within 5 minutes	24 business hours
NETELLER	7%	2%, no more than 30 USD	Within 5 minutes	24 business hours
Bitcoin	Aggregator fee	Aggregator fee	Within several hours	24 business hours
Ethereum	Aggregator fee	Aggregator fee	Within several hours	24 business hours
Tether	Aggregator fee	Aggregator fee	Within several hours	24 business hours