|
|
|
|
|
|
|
ACM |
About Advanced Currency Markets SA
Residence, regulating, and company management. Company's Market Position Going by their site, ACM works exceptionally with the largest institutional providers of liquidity, one company is ECN. In spite of excellent epithets ("the largest and most prestigious world banks"), their partners (liquidity suppliers) are not mentioned. The company provides standard and institutional accounts, their fundamental differences are in the size of initial deposits (to $50 000 standard, above - institutional). There are management services for individual investors, and brokers, offered. Types Services Offered The company offers 40 currency pairs, as well as commodity trading, with gold and silver. The company does not distinguish between an initial and supporting margin, the size of minimum margin (level of liquidation) corresponds 100% initial. Full-fledged information about the terms-of-trades is stated on the site. This information is compactly placed (on one page of site), although key moments repeat themselves on other pages. The limitations, on volume of transactions, are not set. Quotations are streamed, as the company notarises change, without any slippage. The size of spreads start at 1 pip with an average 2 - 3 pips on major pairs. For most courses (exact sizes are mentioned in the conditions of trade). The company keeps an option for the expansion of spreads, in the situations of fatal loss of liquidity (unexpected news, acts of God of etc.). The transfer of positions, carried over to the next day, is executed according to (SWAP), modified by a company (without delivery). The sizes of SWAP are resulted in the proper table. Other fees and payments are not mentioned. The relations of the company and clients are validated through the proper and appropriate documents. The forms, of which, are placed on the site. The procedures of depositing or withdrawing money into and/or from the account are not mentioned on the site. This is all done and explained, to the client, via direct contact; from their client support office.
Traders Support There is some short educational-helping material for beginners on the site and educational accounts are offered for up to 30 days. The basic instrument of support for users is the telephone. The telephone numbers and e-mail address of the various departments of the company are mentioned and toll-free system of international calls is in service. There is a system of ordered (call-back) calls. This special telephone service operates in several world languages. The site is translated into several languages. As the site says, the company, independently, is not engaged in analytics, but "co-operates with many companies, specializing in a fundamental and technical analysis." Accordingly, the basic volume of analytics is given, which requires a fee payment, on subscription. There are bonus programmes for "active clients." News is presented on the site and is translated on a trading terminal. The Trading Platform The company offers four types of trading platforms – Flash, Java, Html and Wap. All platforms are interconnected and can be used with only one set of login details. Naturally, the executable platform is more powerful and flexible and contains a wide set of analytical tools (types of the charts, indicators, graphic facilities); there are possibilities for the development of user indicators and strategies and their back-testing. Site Design and Ease of Navigation Comments The design is pleasant and is not overloaded by illustrations. Information is well structured and important information, although compact is sufficiently full. The main menu is comfortable, with the necessary information easily and quickly and quickly navigable. Advantages
Disadvantages The key partners (supplier's liquidity, calculation bank) are not mentioned due to Swiss regulation. |
|
|
|
