Accent Forex Broker Reviews and Full Information

Do you think AccentForex a fake or legitimate broker?

There is no way to be safe to trade using AccentForex.. The broker is operated by Accent Markets Group Inc. which is an offshore business registered with the government of Vanuatu which claims have an Vanuatu Financial Services Commission (VFSC) license.

About AccentForex

In spite of the fact that the VFSC regulator is completely in charge of the market participants' activities and makes sure that they comply to international norms, Vanuatu is the easiest place to start an brokerage. It is required for a company to register online, provide proof of initial capital, which is only $2,000 as well as pay a fee and after a period of about a month the company is clean and registered. This made it an offshore location for fraudulent forex brokers, such as Circle Markets, 70Trades and other.

In relation to brokers VFSC license, there's no guideline or manual for brokers on how to conduct their businesses. This means there is no security for the traders. We have an in-depth piece that explains the risks involved in working with brokers in Vanuatu.

Additionally the broker has been barred in the past by Canadian regulatory body The Financial Markets Authority of Quebec:

Conclusion

We recommend all traders and investors to stay clear of AccentForex as well as other brokerages who are based in Vanuatu. Traders should use well-regulated brokers like UK broker or brokerage from Australia and trustworthy brokers like eToro or XM.com.