AC MARKETS is a clone contract for difference (CFD) broker primarily offering services for trading in forex, precious metals, energy, and stocks. The broker's official website is https://acmarketsltd.com/, which is available only in English. According to information obtained from Whois, the domain for their official website was registered on June 19, 2023. As of September 13, 2023, the website has been registered for less than three months and is set to expire on September 13, 2024.
Official Website Domain Information:
According to Whois data, the official website's domain was registered on June 19, 2023, and as of September 13, 2023, it has been registered for less than three months, with an expiration date of September 13, 2024.
Account Types:
The broker offers four different types of trading accounts for traders to choose from. Even for beginners, the minimum deposit required for using their accounts is €10,000. The minimum deposit for professional and exclusive accounts is €50,000 and €100,000, respectively. Surprisingly, the services provided for these three types of accounts are identical, with no discernible differences. AC MARKETS also offers a privileged account with a minimum deposit requirement of one million euros, although the broker promises to provide better services than the other three accounts. However, such a substantial amount of capital seems less like an investment and more like a potential scam.
Trading Platform:
While the broker claims to offer the MT4 and MT5 trading platforms to investors, no information about the company can be found on these platforms.
Regulatory Status:
Based on information from the official website, AC MARKETS is registered in Cyprus as AC Markets (Europe) Ltd, with a registered address at Spyrou Kyprianou Avenue 41 Steratzias Court 2 1st Floor, Flat 103, Mesa Geitonia 4003, Limassol, Cyprus, and an enterprise registration number of 348274. Their official website is https://acmarketsltd.com/. However, a search on the Cyprus Securities and Exchange Commission (CySEC) website does not list https://acmarketsltd.com/ among the approved domains. Instead, the CySEC-approved website shows the brand as Ausprime and includes a red warning at the top of its page. Upon opening this warning, it is claimed that the official website of AC Markets (Europe) Limited is only https://ausprime.eu/. It can be concluded that AC MARKETS is a clone of Ausprime and has copied all of Ausprime's registered entity information.
Cyprus Securities and Exchange Commission (CySEC) website search results, as shown above.
Ausprime official website warning message, as shown above.
In Summary:
AC MARKETS is confirmed to be a clone of Ausprime, with all of its registration information being copied from Ausprime. Ausprime itself is a liquidity provider that serves institutional and professional clients and does not provide services to general retail clients. Traderknows advises you to stay away from this platform and withdraw your funds promptly to avoid falling into a potential scam. Currently, this company is marked as a "Ponzi scheme" on Traderknows.