ACM
Basic Information
Pros and Cons
Pros
- Long operational experience
- Diverse financial services offered
- Multiple customer support channels
Cons
- Lacks regulatory oversight
- Withdrawal issues reported
- Concerns over fund protection
Is ACM Safe and Legit?
ACM, officially known as Aristro Capital Markets Ltd., is registered in India since 2011, boasting between 5 to 10 years of operational experience. The broker offers a variety of services, including equity, futures, options, and online back office support, utilizing the MT4/5 trading platforms with competitive spreads and leverage options.
Regulatory status indicates that ACM operates without any recognized forex licenses, raising concerns about its safety and legality within the industry. Consequently, potential clients should exercise caution when considering engagement with this broker.
In terms of market reputation, ACM has received mixed reviews from users. While some appreciate the availability of multiple customer support channels, complaints often highlight issues regarding withdrawal processes and a lack of transparency. Overall, the prevailing sentiment suggests a cautious approach due to the broker’s unregulated status and reported difficulties in resolving client issues.
Is ACM a Regulated Broker?
Client Fund Segregation: Your Ultimate Safeguard
Capital Protection Measures
ACM, officially known as Aristro Capital Markets Ltd., does not hold client funds in independently regulated bank accounts, which raises concerns about fund protection. The broker’s lack of recognized regulatory oversight means there are no investor compensation funds or insurance schemes in place to safeguard client investments.
ACM Leverage
ACM offers a variety of trading products, but details about the maximum leverage multiples for standard and professional accounts are not specified. Given that ACM operates without regulatory licenses, it is important for potential clients to consider the associated risks, as there are no legal limits to ensure client protection in the jurisdictions where it operates.
ACM Withdrawal Review
How to Contact ACM?
ACM, officially known as Aristro Capital Markets Ltd., has received mixed reviews from users, with a significant number of complaints focusing on withdrawal issues. Clients have reported delays and difficulties in processing withdrawals, which has contributed to a cautious sentiment regarding the broker’s reliability. Credible sources of these complaints include online trading forums and review websites. The broker’s responses to complaints have been noted as slow, and there is a lack of transparency in addressing these issues. While there are some repetitive complaints regarding withdrawals, ACM has not faced any regulatory penalties or warnings related to these concerns.
Frequently Asked Questions
A1: No, ACM, officially known as Aristro Capital Markets Ltd., does not hold any recognized forex licenses. This lack of regulation raises significant safety and legality concerns for potential clients.
A2: ACM does not hold client funds in independently regulated bank accounts, which raises concerns about fund protection. Additionally, the absence of regulatory oversight means there are no investor compensation funds or insurance schemes to safeguard client investments.
A3: Users have reported mixed experiences regarding the withdrawal process with ACM, often highlighting delays and difficulties in processing withdrawals, contributing to concerns about the broker’s reliability.
A4: ACM offers multiple customer support channels, including telephone and email options, allowing clients to reach out for assistance. However, user feedback indicates that responses to complaints may be slow and lack transparency.
A5: Yes, potential clients should exercise caution when considering ACM due to its unregulated status, reported withdrawal issues, and concerns regarding fund protection, as highlighted by user feedback.
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Risk Disclosure
Trading forex/CFDs via brokers carries high risks, including potential total loss. For any data changes, please refer to the latest information on the brokers' official websites. Trade with caution and seek independent advice.