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Could you please tell me if AccentForex offer Islamic account or charge swap fee?
Bart
蘇裏南
2023-04-13
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.
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Do they charge transaction fees?
Ayodeji Ibrahim
墨西哥
2022-08-24
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.
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