About Accendo Markets
Who is Accendo Markets?
Accendo Markets is a UK-based online trading provider founded on 7 December 2018. The firm specialises in Contracts for Difference (CFDs), spread betting, and spot forex trading, catering primarily to private retail clients. It is authorised and regulated by the Financial Conduct Authority (FCA) in the United Kingdom, a status that provides a layer of regulatory oversight and client protection. The broker positions itself as a premium execution-only service, with an emphasis on personalised support and research-driven trading.
Accendo Markets operates from its registered office at Highstone House in Barnet, London, and maintains a social media presence on Facebook, Twitter/X, and YouTube. The company's website highlights its commitment to delivering a “premier service” that includes dedicated trader assistance, daily market research, and telephone dealing without additional charges. The broker's approach is tailored to traders who value direct access to a dealer and a more consultative trading experience.
Regulatory Profile
Accendo Markets Ltd is regulated by the UK Financial Conduct Authority (FCA) under licence number 475285. This authorisation covers forex execution licences (STP) and allows the firm to offer leveraged products to UK and possibly international clients. Being FCA-regulated means the broker must adhere to strict capital adequacy requirements, client money segregation rules, and transparent reporting standards. For traders, this regulatory status is a key indicator of legitimacy, although it does not eliminate the inherent risks of leveraged trading.
The FCA's oversight also requires Accendo Markets to participate in the Financial Services Compensation Scheme (FSCS), which may provide protection for eligible deposits up to £85,000 per person in the event of the firm's insolvency. Additionally, the broker is required to handle client funds in segregated accounts, reducing the risk of misappropriation. While this regulatory framework offers significant safeguards, traders should still exercise due diligence and understand that FCA regulation does not prevent losses from adverse market movements.
Trading Products and Instruments
Accendo Markets offers three core product lines: Contracts for Difference (CFDs), spread betting, and spot forex. CFDs allow traders to speculate on price movements of underlying assets such as shares, indices, commodities, and currencies without owning the underlying instrument. The broker emphasises that its CFDs feature no widened spreads, no re-quotes, and no position expiry, giving traders flexibility in holding times. Spread betting, which is popular among UK traders, offers potential tax advantages as profits are currently exempt from UK capital gains tax and stamp duty. Spot forex trading is available for major and minor currency pairs, with leverage applied according to FCA limits.
According to the broker's website, traders can access a range of global markets including large-cap equities, small-cap stocks, and AIM-listed companies. The firm also provides access to market research and analysis, including a daily “Morning Report” and “Trading Opportunity” alerts. While the broker does not list specific spreads or margin requirements on its public site, it states that costs are transparent and included in the spread. Clients can trade via a web-based platform, with telephone dealing available as an alternative execution method.
Account Types and Client Suitability
Accendo Markets offers a single account type that caters to both CFD and spread betting trading. The account application process is straightforward and available online, requiring applicants to confirm their understanding of leveraged product risks and suitability. There is no minimum deposit requirement to open an account, though trading requires sufficient funds to cover margin. The broker does not publicly list multiple account tiers such as standard, premium, or Islamic accounts, suggesting a simplified offering focused on execution-only services.
This account structure is best suited for experienced retail traders who are comfortable with leveraged products and seek a regulated broker with a personal touch. The availability of a dedicated trader implies a more service-oriented model, which may appeal to clients who value verbal execution and strategic guidance over self-directed platform trading. However, traders who require advanced automation, API access, or low-latency institutional execution may find the offering limited.
Funding and Customer Support
The broker does not publicly detail specific deposit and withdrawal methods on its website, but as an FCA-regulated firm, it likely supports standard bank transfers and possibly debit/credit cards or e-wallets. Clients can reach customer support via telephone at +44 (0) 20 3051 7461 or email at [email protected]. The support team is available Monday to Friday from 8am to 7pm UK time. Accendo Markets also provides a contact form on its website and offers live chat functionality during business hours.
Accendo Markets maintains an active social media presence on Facebook, Twitter/X, and YouTube, where it shares market commentary and educational content. The broker's educational resources include articles, FAQs, and a morning report subscription. While the broker does not advertise a demo account explicitly, the application process allows clients to explore the platform before funding. Overall, the support infrastructure is appropriate for a medium-sized retail broker with a focus on personalised service.
Corporate Information and History
Accendo Markets Ltd was incorporated in England and Wales on 7 December 2018 under company number 6417051. Its registered office is at 1 Alie Street, London, E1 8DE, but its trading and operational address is Highstone House, 165 High Street, Barnet EN5 5SU. The firm is authorised by the FCA since at least 2011 (as per its Terms of Business PDF), indicating a longer operational history under the same regulatory umbrella. The company's directors and key personnel are not extensively profiled on the website, but the broker claims an award-winning status, though specific awards are not cited publicly.
Conclusion on Accendo Markets
Accendo Markets presents itself as a straightforward, execution-only broker with a strong regulatory pedigree under the UK FCA. Its focus on CFDs, spread betting, and forex caters to a specific niche of retail traders who value personal service and regulatory compliance over low-cost execution. The firm's low FXCanary scam risk score of 14/100 reflects the security of FCA regulation, but traders should be aware that the broker's limited public disclosure of spreads and additional fees may require direct inquiry. For UK-based traders seeking a regulated counterparty with a human touch, Accendo Markets warrants consideration, though thorough due diligence is always advised.
Overview compiled by FXCanary from regulatory records and public data. full Accendo Markets review