ACM - THEFT BY DESIGN. ACM the business of currency broker is unregulated in Switzerland.
They are regulated by the Swiss Federal Department of Finance => only for money laundering procedure.
FOREX trading is UNREGULATED in SWITZERLAND.
On January 16 2008 they posted new changes for margin requirements http://www.ac-markets.com/online-for...ead-rates.aspx
This will create massive margin calls on existing accounts.
I'm trading with them for 2.5 years, large account.
This changes indicate that they have not enough CASH to cover your positions with inter banks, and they need your money.
Be prepared that they may change margin over weekend without any notifications.
On my trading account they bump margin requirements from 1% to 5% on the same account balance, because they want to force me to close my open positions. If you have the same problem or other problems with ACM, please contact me.
Swiss law firm collecting information on ACM www.mcswisslaw.com to take them to court for SCAM & FRAUD activity.
They are regulated by the Swiss Federal Department of Finance => only for money laundering procedure.
FOREX trading is UNREGULATED in SWITZERLAND.
On January 16 2008 they posted new changes for margin requirements http://www.ac-markets.com/online-for...ead-rates.aspx
This will create massive margin calls on existing accounts.
I'm trading with them for 2.5 years, large account.
This changes indicate that they have not enough CASH to cover your positions with inter banks, and they need your money.
Be prepared that they may change margin over weekend without any notifications.
On my trading account they bump margin requirements from 1% to 5% on the same account balance, because they want to force me to close my open positions. If you have the same problem or other problems with ACM, please contact me.
Swiss law firm collecting information on ACM www.mcswisslaw.com to take them to court for SCAM & FRAUD activity.