AKCENTA

What is AKCENTA？

AKCENTA is a brokerage firm is registered in Czech Republic . The company offers Forex through the Web Trader trading platforms. However, it currently has no valid regulations.

We will examine this broker's attributes from a variety of angles in the following post, giving you clear and organized information. Please continue reading if you're curious. To help you quickly comprehend the broker's qualities, we will also provide a concise conclusion at the end of the piece.

Pros & Cons

AKCENTA Alternative Brokers

There are many alternative brokers to AKCENTA depending on the specific needs and preferences of the trader. Some popular options include:

• Pepperstone - Offers a wide range of trading products, including forex, CFDs on stocks, indices, commodities, and cryptocurrencies. Pepperstone is known for its competitive spreads, good execution, and reliable platforms. The company's trading platforms are MT4, MT5, TradingView, and cTrader, which all are popular and well-respected platforms.

• XM - The company has a wide range of account types, which cater to traders of all levels and preferences. Whether you're a beginner or an experienced trader, FBS has an account that will suit your needs. The broker also offers an impressive range of trading instruments, including over 40 currency pairs, precious metals, CFDs on stocks, and cryptocurrencies.

• IG - The company was founded in 1974 in London, U.K. is the world's first broker to built the concept of financial spread betting that introduced online dealing as early as 1998. IG claims that it offers a wide range of tradable financial instruments for global investors, over 18,000 instruments, including Forex, indices, CFDs on stocks, digital cryptocurrencies, and options trading for investors to choose from.

Is AKCENTA Safe or Scam？

AKCENTA is a broker that is not regulated by any major financial regulator. This means that there is no governing body that oversees its activities or protects its customers. As a result, there is a high risk that AKCENTA could be a scam.

AKCENTA claims that client money is held entirely separate from AKCENTA own money, but it currently has no valid regulation and it has received several exposures of unable to withdraw.

Market Instruments

AKCENTA offers market instruments of Forex.

Forex (short for foreign exchange) is the largest and most liquid financial market in the world. It is a marketplace where currencies are traded, and it is open 24 hours a day, 5.5 days a week.

When traders trade forex, they essentially buying one currency and selling another. For example, they might buy the euro and sell the US dollar. The price of a currency pair is determined by supply and demand. If more people are buying the euro than selling it, the euro will appreciate in value. If more people are selling the euro than buying it, the euro will depreciate in value.

AKCENTA offers a variety of forex trading products and services, including:

• Spot forex: This is the most basic type of forex trading, where you buy or sell currencies at the current market price.

• Forwards: This is a contract to buy or sell currency at a future date at a predetermined price.

• Futures: This is similar to a forward, but it is traded on an exchange.

• Options: This gives you the right, but not the obligation, to buy or sell a currency at a future date at a predetermined price.

Account

AKCENTA does not provide much information about their account types on their website. This makes it difficult for potential clients to compare the different accounts and choose the one that is right for them.

Leverage

AKCENTA lacks information on leverage, it could mean that they do not have enough information about the risks and rewards of using borrowed funds to invest.

Leverage can magnify your profits, but it can also magnify your losses. If the market moves against you, you could lose more money than you deposited.

For example, if the company offers maximum leverage of up to 1:500, which means that you can control a position worth 500 times your initial deposit. And, if you deposit $100, you could control a position worth $50,000.

Spreads & Commissions

As for commissions, however, there is nothing detailed available on AKCENTA official site.

Below is a comparison table about spreads and commissions charged by different brokers:

Trading Platform

AKCENTA offers Web Trader for its clients.

• Web Trader is a web-based trading platform that allows you to trade from any device with an internet connection. It is a simplified version of the trading platform, but it still offers several useful features.

WebTrader is a popular trading platform that offers a number of benefits for traders. It is easy to use, accessible, affordable, and secure. It allows traders to open and close positions online, without downloading any software. It is a popular platform for traders who want to trade on the go or who do not want to install any trading software on their computer.

See the trading platform comparison table below:

Deposits & Withdrawals

There is no information on the specific deposit and withdrawal methods that are accepted by AKCENTA, or on any fees that may be charged for deposits or withdrawals. This lack of information can make it difficult for potential customers to compare AKCENTA to other forex brokers, and to make an informed decision about whether to open an account with them.

AKCENTA minimum deposit vs other brokers

Payment Methods

Here are some of the payment methods available on AKCENTA:

Bank transfer: Clients can fund their trading accounts through bank transfers. The broker partners with multiple banks to ensure fast and secure payment processing.

Credit/debit cards: Company accepts Visa and MasterCard credit/debit cards, allowing clients to make instant deposits to their trading accounts.

E-wallets: Company supports a range of e-wallets, including Skrill, Neteller, and PayPal, for clients who prefer to use online payment systems.

Cryptocurrency: Company accepts deposits and withdrawals in several cryptocurrencies, including Bitcoin and Ethereum, providing clients with greater flexibility.

Customer Service

AKCENTA provides online services for investors, it is available 24/7 support, there are multiple channels to contact support, and the staff is knowledgeable and responsive. As well as telephone services for closing positions, customized VIP customer service, daily market analysis, and online live trend analysis.

Customers can get in touch with their customer service line using the information provided below:

24/7 Support

Live Chat

Email: info@akcenta.eu

Social media: Facebook, LinkedIn

Phone: +420 498 777 770

Conclusion

In conclusion, AKCENTA is a brokerage firm that provides access to a Web Trader platform to cater to different trading preferences. However, the company currently has no valid regulations. There have been NO reports of exposure section, but it isnt mean safe for trader. Traders should exercise caution and conduct thorough research when considering AKCENTA or any other brokerage firm, taking into account factors such as reputation, client feedback, and regulatory compliance. Making an informed decision requires a comprehensive evaluation of all relevant factors beyond the information provided here.

Frequently Asked Questions (FAQs)

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.