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Accendo Markets is an award-winning provider of CFD and spread betting trading services. The company provides an execution-only service with a personal touch, including analysis and trading opportunities. The broker offers CFD, spread betting, and forex trading services to retail clients. The company is regulated by the UK Financial Conduct Authority. Accendo Markets holds clients’ funds in segregated accounts.
Trading conditions
Accendo Markets offers only one trading account. Novice traders can test a free demo account. The broker provides access to the following trading instruments: currency pairs and CFDs. Accendo Markets does not give any information on leverage. Apart from that, there are no restrictions on the starting deposit.
The broker’s official website contains the section with analytical reviews and training videos. No information about contests and bonus programs was found.
Trading platforms
Clients can trade with the help of the company’s own trading platform available for both desktop and mobile devices. In addition, a customer can check out a demo version of the software before trading.
Support service
The Accendo Markets support service is working 24/5. Clients can contact Accendo Markets support service via email or phone during business hours. On the official website, traders can find links to the broker`s profile on social networks.
Deposit and withdrawal of funds
The company offers the following deposit and withdrawal methods: credit cards, wire transfer, and through the Accendo Markets online platform.
Traders’ reviews
We found a couple of reviews on the web about Accendo Markets trading. One source contains several positive comments from the company`s successful clients. The main complaint of traders is the lack of the innovative MetaTrader4 trading platform.
Broker’s advantages and disadvantages
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Conclusion
Accendo Markets is an online trading service provider that offers good conditions for cooperation, including spread betting, an affordable initial deposit, and a demo account. However, such significant disadvantages as the lack of the innovative MetaTrader 4 trading platform and the limited number of available ways to withdraw profits outweighed the broker’s trading advantages.
Apart from that, comments of traders on the web provide poor insight into trading with Accendo Markets as well as raise serious doubt about the broker’s reliability.
For a year of trading with Accendo Markets, I didn't experience any problem with them. Everything was smooth from trading to payment processors. I started out as a newbie with $500. The support is awesome at Accendo markets, very fast live chat though. In terms of withdrawal, I used Skrill and my last withdraw was last 3 days ago which they processed it quickly. In addition I can trade with a comfortable and every convenience provided by this broker, I can also get a bonus while playing my favorite game until now.
This broker has a good system of working. Its reps are always pending of the clients. I have benefited from my trading. I am also happy with their hospitality. Every time I get in contact with support team, one of the managers replies me fast and give me accurate replies and solves my problems very well, too. When I registered account and made a deposit $580, and I got almost $500. I also earned some profit, and my withdrawal is smooth, without delays or issues. Thus, Accendo Markets is the best broker..
Accendo Markets' MT4 platform didn't execute, so orders could be big slippage. Sometimes the platform hung for a long time and my EA failed to work. Also, their spread could be higher. I have a $230 withdrawal request but they always delay my transaction, while I’m using my credit card. So I can't trade with Accendo Markets.
Most brokers require huge capital when starting an account but Accendo does not. And it is very beneficial especially to beginners like me who don't want to risk big money on the first try. I want to test out my skills first when trading in the real market so being able to invest a small amount is a huge relief.
I am a client of Accendo Markets with a individual account and a deposit currently of $1125. My first deposit was $500. I usually withdraw my profit and I keep some money in the trading account. Support department works perfectly, solve my doubts very fast. That’s why I recommend this broker a lot. This morning I closed on a long NZD/USD on the short term with almost $600 profit. Now the money is available on my credit card.