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 4 offices, (Geneva (HQ), Dubai and 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.
Types Services Offered
The company offers 40 currency pairs, as well as commodity trading, with gold and silver.The financial leverage given is determined by margin size and depends on the size of the trading account: below $1 million margin 1% operates and, accordingly, leverage 100:1, over $1 million a margin is set 2%, which corresponds a leverage of 50:1.
The company does not distinguish between an initial and supporting margin, the size of minimum margin (level of liquidation) corresponds 100% initial.
Full-fledged information about the terms-of-trades is stated on the site. This information is compactly placed (on one page of site), although key moments repeat themselves on other pages.
The limitations, on volume of transactions, are not set. The size of a standard account lot is equal to 100000 units of trading currency; Mini account lots (min deposit 2000 usd) are of 10000 units of trading currency.
Quotations are streamed, as the company notarises change, without any slippage. The size of spreads start at 0.5 pips with an average 2 - 3 pips on major pairs. These spreads are fixed ones. For most courses (exact sizes are mentioned in the conditions of trade). The company keeps an option for the expansion of spreads, in the situations of fatal loss of liquidity (unexpected news, acts of God of etc.).
ACM doesn’t charge any commission or fee.
The transfer of positions, carried over to the next day, is executed according to (SWAP), modified by a company (without delivery). The sizes of SWAP are resulted in the proper table. Other fees and payments are not mentioned.
The relations of the company and clients are validated through the proper and appropriate documents. The forms, of which, are placed on the site.
The procedures of depositing or withdrawing money into and/or from the account are clearly mentioned on the site. Though wire instructions are only available upon the opening of a live account.
Traders Support
There is some short educational-helping material for beginners on the site and educational accounts are offered for up to 30 days. The basic instrument of support for users is the telephone. The telephone numbers and e-mail address of the various departments of the company are mentioned and toll-free system of international calls is in service.
There is a system of ordered (call-back) calls. This special telephone service operates in several world languages.
The site is translated into several languages.
As the site says, the company, independently, is not engaged in analytics, but "co-operates with many companies, specializing in a fundamental and technical analysis." Accordingly, the basic volume of analytics is given. ACM do not charge anything for analytic data, news feeds or other. There are bonus programmes for "active clients."
News is presented on the site and is translated on a trading terminal.
The Trading Platform
The company offers four types of trading platforms – Flash, Java, Html and Wap. All platforms are interconnected and can be used with only one set of login details. Naturally, the executable platform is more powerful and flexible and contains a wide set of analytical tools (types of the charts, indicators, graphic facilities); there are possibilities for the development of user indicators and strategies and their back-testing.
Site Design and Ease of Navigation Comments
The design is pleasant and is not overloaded by illustrations. Information is well structured and important information, although compact is sufficiently full. The main menu is comfortable, with the necessary information easily and quickly and quickly navigable.
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.
ACM Forex
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 4 offices, (Geneva (HQ), Dubai and 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.
Types Services Offered
The company offers 40 currency pairs, as well as commodity trading, with gold and silver.The financial leverage given is determined by margin size and depends on the size of the trading account: below $1 million margin 1% operates and, accordingly, leverage 100:1, over $1 million a margin is set 2%, which corresponds a leverage of 50:1.
The company does not distinguish between an initial and supporting margin, the size of minimum margin (level of liquidation) corresponds 100% initial.
Full-fledged information about the terms-of-trades is stated on the site. This information is compactly placed (on one page of site), although key moments repeat themselves on other pages.
The limitations, on volume of transactions, are not set. The size of a standard account lot is equal to 100000 units of trading currency; Mini account lots (min deposit 2000 usd) are of 10000 units of trading currency.
Quotations are streamed, as the company notarises change, without any slippage. The size of spreads start at 0.5 pips with an average 2 - 3 pips on major pairs. These spreads are fixed ones. For most courses (exact sizes are mentioned in the conditions of trade). The company keeps an option for the expansion of spreads, in the situations of fatal loss of liquidity (unexpected news, acts of God of etc.).
ACM doesn’t charge any commission or fee.
The transfer of positions, carried over to the next day, is executed according to (SWAP), modified by a company (without delivery). The sizes of SWAP are resulted in the proper table. Other fees and payments are not mentioned.
The relations of the company and clients are validated through the proper and appropriate documents. The forms, of which, are placed on the site.
The procedures of depositing or withdrawing money into and/or from the account are clearly mentioned on the site. Though wire instructions are only available upon the opening of a live account.
Traders Support
There is some short educational-helping material for beginners on the site and educational accounts are offered for up to 30 days. The basic instrument of support for users is the telephone. The telephone numbers and e-mail address of the various departments of the company are mentioned and toll-free system of international calls is in service.
There is a system of ordered (call-back) calls. This special telephone service operates in several world languages.
The site is translated into several languages.
As the site says, the company, independently, is not engaged in analytics, but "co-operates with many companies, specializing in a fundamental and technical analysis." Accordingly, the basic volume of analytics is given. ACM do not charge anything for analytic data, news feeds or other. There are bonus programmes for "active clients."
News is presented on the site and is translated on a trading terminal.
The Trading Platform
The company offers four types of trading platforms – Flash, Java, Html and Wap. All platforms are interconnected and can be used with only one set of login details. Naturally, the executable platform is more powerful and flexible and contains a wide set of analytical tools (types of the charts, indicators, graphic facilities); there are possibilities for the development of user indicators and strategies and their back-testing.
Site Design and Ease of Navigation Comments
The design is pleasant and is not overloaded by illustrations. Information is well structured and important information, although compact is sufficiently full. The main menu is comfortable, with the necessary information easily and quickly and quickly navigable.
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.
ACM Forex