Advanced Currency Markets also known as ACM is the brokerage company that is based in Geneva, Switzerland and has offices in Dubai (Middle East and Asia), Montevideo and New York.
ACM has redefined traditional financial markets by creating a corporate culture which embraces the entrepreneurial spirit while exemplifying professionalism. In a way it could be said that this company has redefined the way financial markets operate.
ACM is adequately capitalized with a 20,000,000 chf share capital base. It also maintains partnerships with over 600 different companies including with banks. This gives ACM a strong base in forex markets. ACM is also regulated by the Swiss federal department of finance.
ACM offers the most competitive transparent and simple trade execution facility to the foreign exchange trader. It embraces the concept of WYCIWYG (what you click is what you get) which speaks a lot about the emphasis on accuracy in their trading platforms.
ACM offers 1% initial margin
39 one click tradable currency pairs are available for trading.
ACM also offers a demo facility that is available for a 30 day period
The minimum amount required to open a standard account is US $ 5000 or equivalent.
The minimum amount required to open an institutional account is US $50,000 or equivalent.
The spread rates of the Standard account for major currency pairs are given below.
EUR USD 0.003
GBP USD 0.0003
USD CAD 0.0004
USD CHF 0.0003
USD JPY 0.03
Although ACM says that the spreads are normally fixed, they have added the rider that it could widen significantly if unexpected events occur leading to volatile market conditions.
With ACM you have the luxury of choosing from 4 different trading platforms as per your requirement. Access to all ACM platforms can be made with the same login.
Advanced Trader ~this is a quickly downloadable Java based platform, extremely stable, and very user friendly and easy to use. In short it is a fully integrated desktop application. It also has advanced analysis and charting tools. From the functional point of view it is very fast in executing trades, and there arises absolutely no need for re-quotes or reconfirming trades. Reports can be printed anytime.
Advanced Web Trader ~ this platform needs absolutely no download and can be operated from a simple web browser anywhere in the world. It even works well behind a firewall.
It is compatible with any kind of computer Operating System whether it be Windows, Mac or Linux.
Advanced Flash Trader ~ This is meant for the experienced trader with enhanced user experience and easy to use interface.
Advanced Flash Trader is a flash based rich internet application requiring no download whatsoever.
It also has a high degree of charting capability.
Advanced Mobile Trader~ This platform can be used to trade currency from just about anywhere in the world via any wap enabled mobile phone. Therefore it offers the client increased mobility.
Using Advanced Mobile Trader clients can view full reports including execution and open order reports from their mobile.
Whether you have a live or a demo client, trader support is always available. Usually this support is available to answer your inquiries 24/24, 5 days a week.
Site design and ease of navigation
It is very easy to navigate through this site.
The ACM demo account provides unlimited Live Quotes, Charts and Streaming News and so it is closer to the real thing.
A client can also choose between different trading platforms depending on the requirements.
ACM accounts are audited by Ernst & Young which is indeed reassuring to the investors. It is also a very pertinent point that ACM is ISO 9001 and ISO 27001 certified by SGS
As ACM is a Swiss based company there is no capital gains tax on foreign exchange profits earned.
The initial amount required to start a standard account is fairly high.
For the experienced trader ACM is a good broker to be with.