About Accuracy
Who Is Accuracy?
Accuracy is a broker registered in Spain, founded on 6 May 2019. The company operates under the domain accuracyaccounts.com and lists its registered address in Limassol, Cyprus, at Apostolou Andrea Street 11, Hyper Tower, 5th Floor, 4007 Mesa Yeitonia. Its corporate filings indicate a regulatory tie to the Cyprus Securities and Exchange Commission (CYSEC), though the status of that licence is unclear, with the broker itself stating it is currently unregulated.
The firm presents itself as a specialist in software development for fund management, targeting financial entities and institutional clients. Despite this B2B positioning, it offers retail-style trading account with leverage up to 1:500, suggesting a dual focus on both institutional and individual traders.
Regulation and Trust
The broker is listed with CYSEC, but the licence status is marked as a dash (—) in available records, indicating uncertainty. Moreover, the company explicitly states on its materials that it 'is not subject to any regulation at this moment.' This contradiction raises significant red flags for traders seeking a regulated environment. The absence of independent user reviews or verified regulatory oversight adds to the cautionary profile.
Given the lack of clear regulatory supervision, traders should exercise extreme due diligence. The risk score assigned by industry analysts is 36 out of 100, reflecting a guarded stance.
Account Types and Trading Conditions
Accuracy offers three account tiers: RAW STP 8, RAW STP 11, and Classic STP. The RAW STP 8 requires a higher minimum deposit of 2000 USD/EUR/GBP, while the other two accounts require 200 USD/EUR/GBP. Maximum leverage varies: 1:200 for the RAW accounts and 1:500 for the Classic STP. All accounts accept deposits in US dollars, euros, or pounds sterling.
The broker's STP classification suggests it routes orders directly to liquidity providers, avoiding a dealing desk. However, specific spreads, commissions, or tradable instruments are not disclosed in the available information. The lack of transparency on these key trading costs is a concern for potential clients.
Target Audience
Accuracy's marketing materials emphasize institutional clients and financial entities, but its low minimum deposits and high leverage options also appeal to retail traders. The RAW STP 8 account, with its higher deposit requirement, may be aimed at more serious individual or institutional traders, while the other accounts cater to a broader retail base.
Given the absence of regulation and limited public information, the broker is best suited for experienced traders who understand the risks of trading with an unregulated entity. Beginners or those requiring strong regulatory safeguards are strongly advised to look elsewhere.
Social Media and Presence
Accuracy maintains a presence on Facebook and Twitter/X, though the extent of its activity and engagement is not detailed. No other significant online footprint or industry presence is evident. This sparse digital footprint, combined with the lack of user reviews, makes it difficult to gauge the broker's reputation or client satisfaction.
Traders are encouraged to seek out independent forums and reviews, but given the low web confidence, such sources may be scarce. The company's limited visibility adds to the overall risk assessment.
Overview compiled by FXCanary from regulatory records and public data. full Accuracy review