ACFX Review 2025
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Updated:
Reason to avoid: Suspended License. Negative Reputation.
Listed Date: September 28, 2018
Top 3 Forex Brokers
Beware ACFX is a Non-Regulated broker. It is NOT SAFE to trade.
Advertising Disclosure
Updated:
Reason to avoid: Suspended License. Negative Reputation.
Listed Date: September 28, 2018
Beware ACFX is a Non-Regulated broker. It is NOT SAFE to trade.
It is not safe to trade with ACFX, because it is an unregulated broker. In addition, the company has been suspected to be a fraud. While we checked the company there is no authorization or registration of the address, therefore the company seems to be highly suspicious and might operate its services from an absolutely different location.
🗺️ Registered in | No Registration |
🗺️ Type of License | No License |
🛡️ Is ACFX safe to trade | No |
🗺️ Recommended Licenses | FCA in UK 🇬🇧 & ASIC in Australia 🇦🇺 |
🖥 Alternative Broker | FP Markets - licensed by ASIC in Australia |
ACFX is a trade name of AtlasCapital Financial Services, which is also a member of Atlas Group, one of the largest business conglomerates in South Eastern Europe for the last 20 years. The group operates in the fields of financial services, banking, insurance, real estate, and more. The company was also authorized by the Cyprus CySEC to provide its services within the EU along with registrations with FCA and other reputable authorities.
For that reason and other issues, CySEC suspended the license of ACFX back in April 2016 and identified the nonlegal status of the firm due to its lack of necessary safeguard procedures for client assets. Yet, the company still claims on its website its respected status of authorization. (view the CySEC announcement)
“The Cyprus Investment Firm ‘Atlas Capital Financial Services Ltd’ as there are suspicions of an alleged violation of the Law Sections, due to the Company’s possible non compliance at all times with the authorization and operating conditions”
It is not safe to trade with ACFX, the traders should avoid any contact with the firm by any means since the risk is in the highest position. There are many well-established and regulated CySEC companies that do follow the strictest rules for the clients' protection and maintenance of a reliable trading environment, so you can check our listing and choose the best suitable one.
We found the ACFX website inactive and unavailable to reach. This means the broker no longer operates. However, it is best to avoid and stay alert in case any proposals show up.
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