AccuIndex

Its European subsidiary, which is authorized to provide services to its customers in all EU member states with its CySEC license. The broker also operates an international subsidiary, which is regulated by Mauritius. The domain name for this international branch is accuindex.com All EU traders are welcomed on accuindex.eu. For more details about their service, check out the review below.

Sound regulation

As we’ve already stated, Accuindex is authorized and licensed from the Cyprus Securities and Exchange Commission which enables the company to work across every EU members. Check the license in the image below:

CySEC is most likely to be the most well-known regulatory body in Europe and , along with Financial Conduct Authority (FCA) in the UK and the Australian Securities and Investments Commission (ASIC) is also as one of three most renowned regulatory hubs within the entire forex industry.

All CySEC licensed brokers are required to have an operating capital of at minimum 730 000 EUR that will guarantee the payment of all trader payments as well as to keep clients money in a segregated trust account, distinct from their own accounts and to keep track of any transactions made by clients, and to provide traders with security against negative balances and to be a part of a client compensation fund. This is which is basically a way of insuring your funds the amount of 20000 EUR which is payable in the event that your broker goes bankrupt. You can check here the list of brokers licensed and controlled by CySEC:

Accuindex’s international subsidiary Accuindex is, however, a subsidiary that has been granted a license by Accuindex, which is licensed by the Financial Services Commission (FSC) of Mauritius. It is possible to see the FSC license on our screenshot , too.

Beautiful collection of trading instruments

We tested the AccuIndex trading system using an account demo, we found 31 forex pairs that are major and a variety of CFDs that trade indices, gold, natural gas, silver, stocks, oil and four crypto currencies namely bitcoin, ethereum and litecoin and ripple. If you’re looking to trade cryptocurrency markets there are a few options available: Here is the list of brokerages with bitcoin CFDs also available

Leverage of up to 1:400

The higher leverage has always attracted traders , regardless the potential risks that come with it. Additionally, Accuindex does offer leverage up to 1:400, however only through its offshore subsidiary, which is registered and controlled in Mauritius.

For all retail clients within the EU leverage levels are set at 1:30. This is in line with the most recent guidelines from the European Securities and Markets Authority (ESMA).

Good spreads

Tested using an account demo, The benchmark EURUSD spread was around 1.5 pips. This is considered to be acceptable by the majority of traders even if no commission is charged. You can also check out our listing of broker with even more favourable spreads.

MetaTrader5 supported

MetaTrader5 is a flexible and highly reliable trading platform and, together it with Metatrader4 has become the frequently used trading option available. Its many benefits could mention the advanced charting tools, the many indicators for markets and the custom trading bots that you can run completely trade sessions that are automated. In addition, you can also look up this list of the brokers that offer MetaTrader5

Acceptable minimum deposit requirement

AccuIndex allows you to begin trading with a minimum investment of 250 USD . This is great. Many other brokers also offer the same deposit minimum requirement but take note that some of the most well-established firms like FBS and IG don’t require a minimum deposit in any way.

E-wallets that are popular and accepted

AccuIndex accepts payment with major cards such as VISA and MasterCard as well as bank wires and electronic wallets like Neteller and Skrill. We do not think that it is possible to pay using bitcoins. Here is a list of brokers that accept bitcoins:

Conclusion:

Accuindex has everything that a trader could require – a secure and robust platform – MetaTrader5, an excellent range of instruments for trading, competitive spreads, and a variety of well-known payment methods. The most important thing is that their CySEC certificate guarantees that your money is secured.