FastBull BrokersView
Sign In

accentforex

Newest

Popular

Could you please tell me if AccentForex offer Islamic account or charge swap fee?
Bart
Suriname
Apr 13, 2023
ANSWER AccentForex is operated by Accent Markets Group Inc, part of Butenix Capital Ltd holding, аuthorized and regulated by the Vanuatu Financial Services Commission (VFSC) with registration number 17926.But one must keep in mind that the VFSC provides neither the registered entity's authentication details nor domains for investors to verify, which means that some unscrupulous brokers might use the details of an authorized firm or individual to make themselves appear as if they are regulated. As a result, it can be risky to deal with a VFSC-registered broker, as there is no guarantee that the licensed entity is the one running the business under the trading name AccentForex.Basically, transacting with VFSC-registered brokers like AccentForex entails risk, and we would suggest investors beware of the risk involved, exercise caution when investing, and opt for fully regulated ones. Regarding your question, we recommend contacting AccentForex's customer service through their official website to get an accurate answer and the latest explanation. For more details about this broker, you can refer to our full AccentForex review.
See more
Do they charge transaction fees?
Ayodeji Ibrahim
Mexico
Aug 24, 2022
ANSWER AccentForex is part of Butenix Capital Ltd holding, a company аuthorized and regulated by the Vanuatu Financial Services Commission (VFSC) with company registration number: 17926. We do find a match result to Butenix Capital Ltd holding in VFSC.However, VFSC is a popular offshore regulator among forex brokers as capital (or bond) requirements are relatively small. A Forex license covering the online activities of a brokerage is issued in 2-3 months, which is indeed extremely fast. Moreover, there is no income tax, capital gains tax and inheritance tax in the country. So VFSC-regulated brokers are actually not under as strong regulation as FCA, ASIC and NFA regulated brokers. Most importantly, some shady brokers will falsely use the regulatory information of a licensed broker by VFSC, as this regulator provides neither authentication details nor domains of the registered company for traders to verify. Consequently, it is not a hundred percent sure that the licensed entity is the one that runs the business under the trading name of Butenix Capital Ltd holding. We would recommend exercising caution when dealing with VFSC- regulated brokers.As for the question you asked, we recommend that you ask the official customer services directly for a more accurate answer. For more details on this broker, please check our full AccentForex review.
See more

Hot Topics

Most Viewed

App Store

Google Play

Company Shop Application About Us Our Methodology Privacy Policy Contact Us

Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.