Global Broker Regulation Inquiry App
WikiFX
English
简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
WikiFX Review: Is Accumarkets Reliable?
Abstract：Accumarkets is an online forex broker offering a bunch of financial instruments. Recently this broker has come to our eyes. In this article, we want to show you the reliability of Accumarkets by analyzing different aspects.
About Accumarkets
Registered in South Africa, Accumarkets, owned by Elite Financial Services(Pty) Ltd, is an online forex broker offering traders various financial instruments, including Forex, Shares, Indices, Metals, and so on. This broker is newly established and the target market is South Africa. According to WikiFX, this broker has multiple business addresses.
Lack of Information on The Website
The website of this broker looks pretty shabby. There is a lot of information we cannot find on its website. We dont know what the leverage is and what trading platform Accumarkets use.
Is It Legit？
Accumarkets claimed to be regulated by FSCA. However, we found out that this broker exceeds the business scope regulated by FSCA with license number: 52677. Therefore, we cannot consider Accumarkets a regulated broker. Investing in an unlicensed broker is extremely dangerous as your money can not be protected under the regulation. WikiFX has given this broker a low score of 3.12/10. Investors need to think carefully before making a decision.
Account Types & Minimum Deposit
Accumarkets offers traders three different types of accounts. They are Cent Account, 100% Bonus Account, and Standard Account. The minimum deposit of this broker is $5.
Accumarkets on Social Media
Although Accumarkets does not have a long history in the industry, it has made a lot of efforts on social media platforms in order to promote itself. It has established official accounts on both Facebook and Instagram.
Withdrawal & Deposit
Contact Information
Accumarkets offers multiple choices for investors to contact them. Investors can contact Accumarkets via phone calls and sending emails.
Conclusion: Should We Trust Accumarkets？
As an unregulated broker, Accumarkets cannot protect traders funds if something goes wrong. You may lose all your fund if you invest in an unregulated broker. Besides, this broker has been given a low score by WikiFX, which is another red flag you should be aware of. WikiFX. If you want more information about certain brokers' reliability, you can open our website (https://www.WikiFX.com/en). Or you can download the WikiFX APP to find your most trusted broker.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Read more
Valetax vs Taebank Markets — Which Broker Should You Choose?
This article is about the two brokers, Valetax and Taebank Markets.
Original 1h
How to Become a Profitable Forex Trader in Pakistan in 2025
If you want to enter the forex market in Pakistan and achieve success, earning consistent profits and excelling in trading, then you should check out this “How to Become a Profitable Forex Trader in Pakistan in 2025” article. You will wonder why you need to do this? The answer is simple: this article covers all the essential topics such as Forex Trading in Pakistan, and ways to learn Forex Trading in Pakistan, even if you are a native speaker and want to learn forex trading in Urdu. This article talks about that too. So, if you want to succeed in the forex market in 2025, read this article sincerely.
Original 21h
BitDelta Pro Review: Unregulated or Legit Broker?
BitDelta Pro Review: No valid regulation, risky spreads, and hidden broker issues. Traders should proceed with caution.
Original 21h
Alpha FX Allegations: Traders Claim Account Blocks, Withdrawal Denials and Security Breaches
Is trading with Alpha FX fraught with too many errors and scams? Have you seen your forex trading account blocked after requesting fund withdrawals with the broker? Invested a heavy amount, but finding it hard to withdraw the sum? Have you seen domain changes while attempting an Alpha FX login? These issues have become typical for Alpha FX traders, with many of them sharing their frustration online. In this Alpha FX review guide, we have shared some trading complaints against the UK-based forex broker. Read on!
Original 22h
WikiFX Broker
Latest News
GCash Rolls Out Virtual US Account to Cut Forex Fees for Filipinos
WikiFXThe 350 Per Cent Promise That Cost Her RM604,000
WikiFXINZO Commission Fees and Spreads Breakdown: A 2025 Data-Driven Analysis for Traders
WikiFXGaranti BBVA Securities Exposed: Traders Report Unfair Charges & Poor Customer Service
WikiFX"Just 9 More Lots": Inside the Endless Withdrawal Loop at Grand Capital
WikiFXPrivate payroll losses accelerated in the past four weeks, ADP reports
WikiFXCore wholesale prices rose less than expected in September; retail sales gain
WikiFXConsumer confidence hits lowest point since April as job worries grow
WikiFXCFTC Polymarket Approval Signals U.S. Relaunch 2025
WikiFXMH Markets Commission Fees and Spreads Analysis: A Data-Driven Breakdown for Traders
WikiFXCurrency Calculator
USD
CNY
Current Rate: 0
Amount
USD
Available
CNY
Calculate