ACCM

AC Capital: A Broker to be Cautious About

AC Capital is a well-known online Forex/CFD broker that provides a full selection of popular trading platforms to offer a wide variety of assets. Although there are alarming flags that suggest that we cannot really trust its legitimacy.

Notable Red Flags:

Unverifiable Regulation- The honorable broker has claimed regulatory compliance, however it is not verifiable. We were unable to find a licensing authority in a major jurisdiction (e.g. UK or AU), which could prove invaluable to protecting investors.

Negative Client Reviews- A number of users commented and complained as to serious factors surrounding withdrawing their money. Users specifically stated that it took them forever to withdraw money from the broker, often stating that customer support would not respond to their inquiries. Some users reported that they could not withdraw any money at all.

Transparency- The transparency of the company itself, such as its history and location, or where it claims to be located, is vague. There is no transparency surrounding its fee or commission structure when it states fees and commissions are wrapped into wider spreads that are typically seen with average broker.

Unfair trading- There are user reports of engineers who implement conditions such as account blockage, slippage, etc.

Wrap Up:

The operations surrounding the products of AC Capital could be legitimate, however, once you factor in the unverifiable regulation with its numerous complaints related to withdrawing funds, combined with the non-transparency of the company, etc., we consider AC Capital to be a major risk for the subscribers and followers of this publication. We encourage you to avoid AC Capital and opt for a broker that offers dignity and regulation..