https://acomecnc.com/en/index.html
Website
Single Core
1G
40G
+357 25 734644
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A-Com ECNc
A-Com ECNc
Cyprus
Pyramid scheme complaint
Expose
Benchmark | -- |
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Maximum Leverage | 1:500 |
Minimum Deposit | $10 000 |
Minimum Spread | -- |
Products | -- |
Currency | -- |
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Minimum Position | -- |
Supported EA | |
Depositing Method | -- |
Withdrawal Method | -- |
Commission | -- |
Benchmark | -- |
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Maximum Leverage | 1:500 |
Minimum Deposit | $1 000 |
Minimum Spread | -- |
Products | -- |
Currency | -- |
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Minimum Position | -- |
Supported EA | |
Depositing Method | -- |
Withdrawal Method | -- |
Commission | -- |
Benchmark | -- |
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Maximum Leverage | 1:100 |
Minimum Deposit | $150 |
Minimum Spread | -- |
Products | -- |
Currency | -- |
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Minimum Position | -- |
Supported EA | |
Depositing Method | -- |
Withdrawal Method | -- |
Commission | -- |
Capital
$(USD)
Aspect | Information |
Registered Country | Cyprus |
Company Name | A-Com ECNc |
Regulation | Not regulated in Cyprus and the UAE |
Services | Trading of metals, indices, stocks, cryptocurrencies, currencies, commodities |
Security | Advanced encryption, two-factor authentication, regular audits, separation of customer funds |
Customer Support | Phone support, email support, online form |
A-Com ECNc, based in Cyprus, operates without regulation in both Cyprus and the UAE. The company offers a broad range of trading services encompassing metals, indices, stocks, cryptocurrencies, currencies, and commodities. They prioritize security measures, including advanced encryption, two-factor authentication, regular audits, and the segregation of customer funds to ensure the safety of users' financial data and transactions. Additionally, A-Com ECNc provides multiple channels for customer support, including phone assistance, email communication, and an online form, enhancing accessibility and responsiveness to user inquiries and concerns.
]The broker, A-Com ECNc, doesn't have valid regulation in Cyprus and the United Arab Emirates. Its licenses have been revoked by the regulatory authorities in both countries. This means it's not authorized to offer financial services. Additionally, it operates beyond the permitted business scope in the UAE. Furthermore, the broker doesn't have trading software. In short, dealing with this broker poses significant risks, and investors should be cautious.
A-Com ECNc presents both advantages and disadvantages for potential traders. While it offers a diverse range of market instruments and a high leverage ratio, its lack of regulation, absence of trading software, and limited transparency regarding spreads, commissions, and payment methods raise concerns about reliability and trustworthiness. Additionally, the platform emphasizes security measures and provides various avenues for customer support, but traders should exercise caution and consider alternative options with greater regulatory compliance and transparency to mitigate associated risks.
Pros | Cons |
- Diverse range of market instruments | - Lack of valid regulation in Cyprus and the UAE |
- High leverage ratio (1:500) | - Absence of trading software |
- Emphasis on security measures | - Limited transparency regarding spreads, commissions, etc. |
- Various avenues for customer support |
A-Com ECNc offers a range of market instruments including:
Metals: This could include trading options for precious metals such as gold, silver, platinum, and palladium.
Indices: A-Com ECNc might offer trading opportunities on various stock market indices such as the S&P 500, Dow Jones Industrial Average, NASDAQ Composite, etc.
Stocks: Investors might have the option to trade stocks from various exchanges worldwide, including popular ones like NYSE, NASDAQ, London Stock Exchange, etc.
Cryptocurrencies: A-Com ECNc could potentially provide trading services for a variety of cryptocurrencies such as Bitcoin, Ethereum, Ripple, Litecoin, etc.
Currencies: Forex trading could be available for major currency pairs like EUR/USD, GBP/USD, USD/JPY, as well as minor and exotic currency pairs.
Commodities: Trading opportunities might include commodities such as oil, natural gas, agricultural products (e.g., wheat, corn), and other raw materials.
However, it's essential to reiterate that without proper regulation and authorization, any claims about market instruments or trading options from A-Com ECNc should be approached with caution, and investors should avoid engaging in any transactions with such a broker.
The platform prioritizes user safety, emphasizing reliability and security standards to provide investors with peace of mind.:
Advanced Encryption Technologies:
This ensures that user information remains secure and inaccessible to unauthorized parties.
The platform utilizes state-of-the-art encryption technologies to safeguard user data and transactions.
Two-Factor Authentication (2FA):
Users are required to undergo additional verification steps during login and transaction processes, adding an extra layer of protection against unauthorized access.
To bolster account security, the platform offers two-factor authentication.
Regular Audits and Monitoring:
This proactive approach helps identify and mitigate potential security threats promptly, ensuring the integrity and stability of the platform.
The platform conducts frequent audits and continuously monitors its systems.
Separation of Customer Funds:
This segregation ensures that user funds remain protected and readily available, even in the event of corporate insolvency or financial difficulties.
Client funds are held in separate accounts, distinct from corporate funds.
By implementing these comprehensive security measures, the platform demonstrates its commitment to prioritizing user safety and maintaining a secure environment for investors.
The broker offers a maximum trading leverage of 1:500. Leverage allows traders to control a larger position with a relatively small amount of capital. In this case, for every $1 in the trader's account, they can potentially control up to $500 in trading positions. While leverage can amplify potential profits, it also increases the level of risk, as losses can similarly be magnified. Therefore, traders should exercise caution and employ risk management strategies when utilizing high leverage ratios.
A-Com ECNс's trading platform is designed to be user-friendly and efficient, offering:
Analytical Tools: Helps traders make informed decisions by analyzing market trends.
Safety and Security: Ensures the highest level of security for users' financial data and trades.
Customization: Allows users to personalize the interface and instruments according to their preferences.
Order Types: Provides various order options like Market, Limit, Stop, Stop Loss, Take Profit, and Trailing Stop orders.
Trade from Charts: Enables traders to execute trades directly from the chart of a financial instrument.
API Key: Grants access to new features, enhancing the trading experience.
Account Management: Supports effective financial planning and risk management, promoting financial confidence and discipline.
A-Com ECNс provides customer support through various channels to address user concerns effectively.
Phone Support:
Users can contact customer support by dialing +357 25 734644, allowing for direct communication and assistance with queries or issues.
Email Support:
Users can reach out to support@acomecnc.com via email, providing an alternative method for contacting customer support and receiving assistance.
Address:
The physical address provided, Spyrou Kyprianou Ave 66, Limassol, Cyprus, serves as a point of contact for users who prefer in-person assistance or correspondence.
Online Form:
A convenient online form is available on the platform for users to submit their questions or concerns. Required fields include the user's name, last name, phone number, email address, and message.
Overall, A-Com ECNс offers multiple avenues for users to seek assistance and resolve any issues they may encounter while trading. This approach demonstrates a commitment to providing accessible and responsive customer support services.
In summary, while A-Com ECNc offers a wide range of market instruments and a high leverage ratio of 1:500, its lack of valid regulation in Cyprus and the United Arab Emirates poses significant risks for investors. Additionally, the absence of trading software and key information such as spreads, commissions, and payment methods on its website raises concerns about transparency and reliability. Although the platform emphasizes security measures and provides various avenues for customer support, potential users should exercise caution and consider alternative options with greater regulatory compliance and transparency in order to mitigate risks associated with trading on this platform.
Q1: Is A-Com ECNc regulated?
A1: No, A-Com ECNc does not hold valid regulation in Cyprus and the United Arab Emirates.
Q2: What market instruments does A-Com ECNc offer?
A2: A-Com ECNc provides trading options for metals, indices, stocks, cryptocurrencies, currencies (forex), and commodities.
Q3: What is the maximum leverage offered by A-Com ECNc?
A3: A-Com ECNc offers a maximum trading leverage of 1:500, allowing traders to control larger positions with a relatively small amount of capital.
Q4: How can I contact customer support at A-Com ECNc?
A4: Users can reach customer support via phone at +357 25 734644, email at support@acomecnc.com, or by filling out an online form on their website.
Q5: Is there trading software available on A-Com ECNc's platform?
A5: No, there is no mention of trading software provided by A-Com ECNc on their website, raising questions about the availability of such tools for traders.
Online trading carries substantial risk, potentially leading to the total loss of invested funds. It may not be appropriate for all traders or investors. It's crucial to fully comprehend the associated risks before engaging in trading activities. Additionally, the content of this review is subject to change, reflecting updates in the company's services and policies. The review's creation date is also relevant, as information could have become outdated. Readers should confirm the latest information with the company prior to making any investment decisions. The responsibility for utilizing the information provided herein lies exclusively with the reader.
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