Acer Finance Review – Watch Out For This Unregulated Forex Broker
Broker status | Unregulated |
Regulated by | Unlicensed brokerage |
Scammers Websites | acerfinance.co |
Blacklisted as a Scam by | No Info |
Owned by | No Info |
Headquarters Country | No Info |
Foundation year | 2022 |
Supported Platforms | Web Trader |
Minimum Deposit | 250 EUR |
Cryptocurrencies | Forex / Commodities / Indices / Shares |
Types of Assets | Not Available |
Maximum Leverage | 1:600 |
Free Demo Account | No |
Is Acer Finance a Forex Scam Broker?
The first result when you search for Acer Finance SA in Google is the Bloomberg record. It is a French-based company that acts as an investment management firm. Their primary domain, acerfinance.com seems inactive at the moment. Acer Finance saw this as an opportunity.
Do not fall for the lies.
Acer Finance, an anonymous brokerage house, has very obscure legal documents. This sentence is the only useful thing that we could find in the entire section:
“The Poland courts will have sole jurisdiction to resolve any claim or dispute that might arise from or in connection with these terms.
This led us to conclude that the company is located in Poland, and Acer Finance regulation should go with the Polish financial authority KNF. We found nothing in the register. Similar results were found for other European authorities, including FCA, CNMV and CONSOB.
Furthermore, Poland is an EU member, which means it is subject to the ESMA regime. Their directive states that retail brokers can’t offer leverage greater than 1:30. Yet, Acer Finance offers leverage as high as 1:100-1:600.
We know the company is not licensed and is a cloned of a legitimate firm. Therefore, we don’t see any reason to trust your hard-earned cash to them. If you have already shared the information with us, we encourage you to do so again. This information can be used to pressure authorities to ban fraud.
Acer Finance is using the name Acer Finance SA, a French-based company. Their scheme is exposed by numerous reviews.
Every day new scam brokers and trading bots appear on the web with only one goal – to steal your money. We have already exposed some of them, for example – Focus Markets, CIBFX, CGMA Trade.
Acer Finance Trade Accounts
Let’s talk about accounts.
- Pattern – 250 EUR
- Business – 1,000 EUR
- Investor – 1,500 EUR
Accounts receive 20, 25, and 30% of their welcome bonus, respectively. The leverage is between 1:100 and 1:600. Higher accounts do not get any other perks. It seems like the person who created this list didn’t think much about how to lure traders with better offers.
Acer Finance offers a limited range of trading instruments, excluding crypto trading. Here’s what you can invest in:
- Currency pairs – EUR/GBP, NOK/SEK, AUD/CAD
- Commodities – gold, silver, natural gas
- Indices – DJIA, DAX30, IBEX35
- Shares – Tesla, Microsoft, Intel
Missing crypto in today’s trading climate equals offering unregulated trading services. It’s unfavorable for investors, and they risk missing profits.
If you check the Acer Finance Account Types section, you will find quite solid spreads, ranging from 0.13 to 0.0 pips.
However, we were offered 3 pips for the EUR/USD pair when we registered an account. This is not only against the advert but is also double the industry standard.
Choose only trustworthy and reliable brokers. You can read about the best ones in our article Best online brokers in 2023.
Acer Finance: Video
You can also write a comment under the video on our YouTube channel to tell other traders about your experience. But if you’ve already been a victim, contact us for a free consultation by filling out the form at the top of the page.
Below you will find a short video about Acer Finance. Watch it so you don’t miss anything important. In a few minutes you’ll learn the whole truth about Acer Finance!
Chargeback Is Your Solution!
A chargeback is the retroactive cancellation and refund of a charge made using your credit card, wire transfer or some other payment methods.
By putting together a compelling chargeback strategy from beginning to end, victims of online fraud have a relatively high probability of recovering some of all of their funds lost.
However, using a trustworthy service such as MyChargeBack is critical in this endeavour as a typical chargeback process can often be complex and drawn out without the right guidance.
Request a free consultation today by clicking the button below!
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FAQ
- What is the Acer Finance Minimum Deposit?
To trade, the brokerage requires a minimum deposit in excess of 250 EUR
- Is Acer Finance Offering a Demo Account?
Acer Finance does not offer a Demo account that is risk-free, but only Live accounts.
- Is Acer Finances a Legitimate Brokers? Should I Invest In Them?
Acer Finance is an anonymous, unregulated trading company. We can assist you with a recovery process if you have already invested funds with this brokerage.
- Is Acer Finances a MetaTrader4 Forex Broker?
No.
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