Reason to avoid: Offshore license
Listed Date: August 3, 2018
Top 3 Regulated Forex Brokers
- Company name: Accent Markets Group Inc.
- Registration/license: Vanuatu
- Registration/license requirement: USD 2,000
AccentForex trading name and accentforex.com website are belong to Butenix Capital Ltd as a part of companies group Accent Markets Group. Accent Markets Group Inc. is authorized and regulated by the Vanuatu Financial Services Commission (VFSC). Although, the address on the website is British, the company is not regulated to provide its financial services in UK. We advise to do business with regulated brokers and avoid trading with offshore-based firms. Comparing the license from UK’s Financial Conduct Authority, it requires EUR 125,000 of capital (aside from client deposits) for the STP license. The regulator also provides the segregation of funds and negative balance protection.