Is AccentForex Scam or Legit Broker?

No, it is not safe to trade with AccentForex. The broker is owned by Accent Markets Group Inc. which is an offshore company registered in Vanuatu and claims to be registered with a Vanuatu Financial Services Commission (VFSC) license.

About AccentForex
🗺️ Registered inVanuatu
🗺️ Type of LicenseOffshore License
🛡️ Is AccentForex safe to tradeNo
🗺️ Recommended LicensesFCA in UK 🇬🇧 & ASIC in Australia 🇦🇺
🖥 Alternative BrokerFP Markets - licensed by ASIC in Australia

 

What is AccentForex?

AccentForex Company – claims to be a new generation broker in FOREX, specially created for professional traders, to satisfy the most fastidious requirements of the clients. However, AccentForex is an offshore company. 

  • Despite the fact that the VFSC regulator completely controls the activities of market participants and ensures compliance with international standards, Vanuatu is the easiest jurisdiction to open a brokerage. The opening requires the company to submit a registration online, prove initial establishment capital which is $2,000 only, pay a fee, and within 2-3 months, the firm is crisp and registered. Therefore, it became an offshore zone for shady forex brokers such as Circle Markets, 70Trades, and more.

  • As to the broker’s VFSC license, there is no handbook or guidelines for brokers to run their businesses. Therefore, there is zero protection for traders. We have a detailed article explaining the risk of trading with brokers from Vanuatu.

  • What is more, the broker has been banned by the Canadian regulator Financial markets Authority of Quebec:

 

AccentForex review

Overall AccentForex Ranking 

We revealed safety and regulations issues of AccentForex, thus we do not rank positively AccentForex.  With an  Expert Opinion with over 10 Years of experience in Forex Trading we have come up with the following ranking:

  • AccentForex Overall Ranking is 3 out of 10 based on our testing and compared to 500 other brokers, see Our Ranking below compared to other popular and industry Leading Brokers.
RankingAccentForexXMBDSwiss
Our Ranking⭐⭐⭐⭐⭐⭐⭐⭐⭐⭐
Is Broker safe? NoYesYes
AdvantagesNoneEducationTrading conditions

AccentForex Alternative Brokers

As we found many issues regarding the safety and reliability of AccentForex, here we offer much better Alternatives to AccentForex with tight regulations and favorable conditions. We select Good Brokers and reliable options for your comparison below: 

Deposit & Withdrawal

To deposit funds to your trading account with AccentForex and withdraw funds is easy. The broker offers a number of funding methods, including Bank Transfer, Credit/Debit Cards, and e-wallets such as Skrill, Neteller, Bitcoin, Ethereum, etc.

  • AccentForex does not charge bank transfersfees . The fee is charged only by trader’s bank and intermediary bank.
  • AccentForex compensates Card fees for its clients for deposits from 1000 USD / EUR. 
  • Bank transfer takes 3-5 banking days under normal conditions. An additional fee of 3.9% will be incurred if a withdrawal is requested without conducting trades.

AccentForex Review Conclusion

We advise all investors and traders to avoid AccentForex and other brokers from Vanuatu. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as FP Markets and Eightcap.

  • Overall ranking and experience for AccentForex is Negative

No news available.

5 responses to “AccentForex”

  1. nice broker to trade with. i like its conditions. withdraw with a card because it is quick. i trade on mini account. it doesnt have commissions. and low spreads. reccommend.

  2. I like accent because of the pamm. My trader is wonderful and make big profit for me. I deposit with card, because it’s free commissions.

  3. I traded a little with on their platform. Didn’t notice anything particularly bad. I don’t trade very often, but the forex theme is interesting for me. Made a small profit. Withdrew without question. I did not check other aspects of the service, so I can not say anything more.

  4. I traded a little with on their platform. Didn’t notice anything particularly bad. I don’t trade very often, but the forex theme is interesting for me. Made a small profit. Withdrew without question. I did not check other aspects of the service, so I can not say anything more.

  5. This broker is perfect for me. But I must admit that I stopped my choice after several unsuccessful attempts with other brokers. But I came to the conclusion that it is necessary to choose brokers who have been on the market for a long time.

    The trading process completely satisfies me. Fast execution without delays. I am also pleased that I can trade and invest at the same time.
    Very comfortably. I recommend.

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