About ACSFX
Company Overview
ACSFX is a Cyprus-based forex and CFD broker established on 17 April 2019. The company operates under the official domain fxacs.com.cn and is registered in Cyprus. Its registered address is 54 Vasileos Georgiou A, GalaTex Beach Center, Block E2, Office 46, Potamos Germasogeias, CY-4047 Limassol.
The broker falls under the regulatory oversight of the Cyprus Securities and Exchange Commission (CYSEC), holding a Forex Execution License (STP). This regulatory status places ACSFX within the European regulatory framework, though specific licence status details are not publicly confirmed in our records. The broker's Cyprus registration means it is subject to the Cyprus Investment Firms (CIF) regime.
Trading Platforms and Instruments
Based on available information, ACSFX offers trading through the MetaTrader platforms, which are standard in the industry. The broker provides access to contracts for difference (CFDs) on forex, indices, commodities, and potentially other asset classes. However, no specific platform details or instrument lists have been independently verified.
The broker's STP (Straight Through Processing) license suggests that it routes client orders directly to liquidity providers, avoiding dealing desk intervention. This model is often associated with variable spreads and no re-quotes, though actual execution conditions depend on the broker's setup.
Account Types and Funding
ACSFX offers multiple account types designed to cater to different trader profiles. Specific details regarding minimum deposits, spreads, and leverage tiers are not publicly available from our sources. Given the Cyprus regulatory environment, retail client leverage limits typically apply under ESMA rules, which cap leverage at 1:30 for major forex pairs.
Funding methods likely include bank transfers, credit/debit cards, and possibly e-wallets, but this information could not be confirmed. Traders are advised to contact the broker directly or review their personal account documentation for accurate and current terms.
Target Clientele
ACSFX appears to target retail and institutional traders interested in forex and CFD trading. The availability of MT4/MT5 platforms and STP execution suggests a focus on active traders who require direct market access and competitive pricing.
Given its Cyprus base and CYSEC regulation, the broker is positioned to serve clients within the European Economic Area (EEA), though the specific client onboarding restrictions are not confirmed. Traders outside the EEA may also be considered, subject to local regulatory requirements.
Risk and Regulatory Status
Our risk assessment yields an FXCanary Scam Risk Score of 39/100, indicating a guarded level of concern. While the broker is regulated by CYSEC, the specific licence status – marked as '–' in our records – raises questions about the current validity of the authorisation. Traders should independently verify the CYSEC licence through the official register before committing funds.
The broker's incorporation date in 2019 makes it a relatively new entrant, and the absence of independent user reviews limits the ability to assess operational reliability. Caution is warranted, particularly regarding withdrawal processing and customer support responsiveness, which remain unverified.
Overview compiled by FXCanary from regulatory records and public data. full ACSFX review