ACP

ACP is a retail forex and CFD broker registered in Bermuda under the name ACP. Its official website is acpfx.com, and it was founded on 26 December 2022. The broker operates from a registered address at Clarendon House, 2 Church Street, Hampton HM 11, Bermuda.

ACP presents itself as a multi-asset broker, offering trading in currencies, commodities, cryptocurrencies, and indices. It provides three distinct account types catering to different capital levels and trading preferences. However, the firm does not currently hold any known regulatory licence from a major financial authority, which is a significant factor for potential clients to consider.

Our review of regulatory databases confirms that ACP has no licence from any tier-1 or tier-2 regulator such as the FCA, CySEC, ASIC, or the FSA. The firm is incorporated in Bermuda, a jurisdiction that does not impose the same level of regulatory scrutiny as major financial hubs. Brokers operating without a recognised licence expose traders to higher risks, including lack of recourse in case of disputes.

The absence of external oversight means there is no requirement for client fund segregation, negative balance protection, or participation in investor compensation schemes. Traders considering ACP should be fully aware that they are dealing with an unregulated entity and conduct their own due diligence accordingly.

ACP offers three account tiers. The first is the ACP-ECN Raw Spread account, which requires a minimum deposit of $20,000 and provides a maximum leverage of 1:200. This account is positioned for high-volume traders seeking direct market access with raw spreads.

The second is the Advanced Plus account, requiring a minimum deposit of just $100 while offering the highest leverage of 1:500. This low barrier to entry makes it accessible to smaller retail traders, though the high leverage amplifies risk.

The third is the ACP Premium account, with a minimum deposit of $1,000 and a maximum leverage of 1:500. This middle-tier option balances affordability with features aimed at more active traders. All accounts offer the same range of instruments, but trading conditions may vary by account type.

ACP covers four asset classes: currencies, commodities, cryptocurrencies, and indices. This allows traders to diversify across traditional forex pairs, precious metals and energy products, digital assets, and major global stock indices. The specific number of instruments or contract specifications are not detailed in available records.

Cryptocurrency trading includes major coins such as Bitcoin and Ethereum, while commodities likely encompass gold, silver, oil, and natural gas. Indices may cover benchmarks like the S&P 500, FTSE 100, and Nikkei 225. The broker does not disclose whether it offers shares, ETFs, or bond CFDs.

ACP does not publicly specify which trading platform it offers. Common platforms in the industry include MetaTrader 4, MetaTrader 5, cTrader, and proprietary web-based platforms. Without official confirmation, traders should verify platform availability with the broker before opening an account.

The lack of information extends to trading tools, charting capabilities, automated trading support, and mobile compatibility. As a general precaution, we recommend that traders test any platform via a demo account to ensure it meets their needs.

ACP's known facts do not include details on deposit or withdrawal methods. Typical options for offshore brokers include bank wire transfers, credit/debit cards, and various e-wallets such as Skrill, Neteller, or cryptocurrencies. The broker does not specify minimum withdrawal amounts, processing times, or any associated fees.

Traders should exercise caution when funding an unregulated broker, as recovery of funds in case of a dispute can be difficult. We advise checking the broker's client agreement for terms on fees, processing times, and any restrictions on withdrawals.

ACP's account structure suggests it aims at a broad range of traders, from those with small capital (Advanced Plus from $100) to high-net-worth individuals (ECN Raw Spread from $20,000). The high leverage options (up to 1:500) are particularly attractive to aggressive traders seeking to maximise exposure with limited margin.

However, the combination of high leverage, an unregulated status, and a relatively young track record (founded in late 2022) makes ACP a high-risk choice. It may be suitable only for experienced traders who fully understand the risks and are willing to accept the lack of external oversight. Beginners and risk-averse investors are strongly advised to consider regulated alternatives.