Table of Contents
Acri Pro Review
Acri Pro is an international brokerage brand that provides the platform for clients from all over the world to trade forex and CFDs in a competitive environment. Guided by the virtues of transparency, honesty and professionalism; the brokerage aims to develop and implement cutting edge technologies that will serve a global clientele. On its platform, traders can speculate on over 150 financial assets via Contract for Differences (CFDs). Tools for in-depth market analysis, order and risk management are provided. In case you need help, the client support team of professionals are always ready to assist.
Security
Nexus LLC is a fintech firm registered in St. Vincent and the Grenadines. The company owns the trading name “Acri” and they run the website ‘www.acri.pro’.
In order to ensure clients’ safety, Acri has provided digital security through Secured Socket Layer (SSL) technology and multiple firewalls to and from their trading servers.
Acri maintains that all deposits received from clients are kept in segregated bank accounts; which is a standard for all regulated brokerages. This means that Acri does not use clients’ funds to run its brokerage operations but deposits it into bank accounts separate from its own. Also, clients are required to undergo the ‘Know your customer’ (KYC) procedure which entails uploading a government issued identity card as well as a utility bill.
Account opening
Visit the Acri website and click on ‘Register’ which is at the top right hand side of every webpage. Input your name, email, phone number, choose a password and click ‘Register’. At this juncture, a demo and live account is created and you are logged into the clients’ dashboard.
Account types
After filling the registration form on Acri’s website, a demo account with $500 virtual money is automatically created with a real account. The account currency depends on your country of residence; it can be in EUR, USD or GBP. The account types available are:
- Bronze account: Targeted at beginners who want to have a feel of live trading probably after trading on demo accounts. The least amount required to open this account is $500 or €500 or £500. The leverage is capped at 1:150 while the margin level is 20%.
- Silver account: This is the real account for standard traders who are part time or full time traders. At least $2,500 is needed to open the account. Margin level is 25% while leverage is a maximum of 1:200.
- Gold account: This is the premium account suitable for high volume traders. The leverage is capped at 1:300 but at least $25,000 is needed to open the account.
If you are a Muslim and desire to have a swap free account, you can send an email to the support desk requesting for your account to be converted to Islamic account.
Payment options
To fund your Acri trading account, choose any of the methods below:
Cryptocurrencies: The popular crypto coins like BTC and ETH can be used for deposits and withdrawals.
Debit/Credit cards: If you need instant funding of your trading account, then, this is your best option because deposits are processed instantly and there are no commissions.
Bank wire transfers: This method is universal as it has no restrictions and can be done from any bank. Clients have the option of paying with their local currency. But, the only snag here is that it is the slowest as it takes 3-5 days before the transfer completes.
For withdrawals, Acri processes all requests within one working day. Only the charges imposed by the payment processors are debited from the trader’s account.
Tradable Instruments
On its platform, traders can speculate on the following instruments via CFDs:
- About 45 major, minor and currency pairs.
- Over 135 stocks from Europe and America.
- 2 cryptocurrencies
- 4 precious metals
Support
The Acri support team conspicuously displays its social media channels, phone number and email at the top of every webpage of its website. Each one has an accompanying message: ‘follow us on social media’, ‘call us anytime’, and ‘send us an email’. The broker boasts that its support team is multilingual and readily available to assist all prospective and active clients with any questions or assistance they might need. There is also a ‘contact us’ form available on the website which anyone can fill and a support representative will respond. Facebook, Twitter, Instagram and Pinterest are the social media channels that Acri can be reached on.
Research and education
Social trading
This is one of the prominent tools provided by Acri on its WebTrader platform. Social trading enables newbies or investors to make profits without learning or knowing how to trade. The newbie will just register and fund his account, join social trading by clicking the button on the website, look for expert traders to follow and then, copy their trades. Acri provides the list of expert traders ranked according to their performance, copiers and profitability. Once a newbie or investor settles for an expert provider and click ‘copy’; anytime the expert trades, all his trades are automatically copied by the investor’s account. So, he makes a profit when the expert does.
Articles
Acri provides a few training articles on its website. These articles teach prospective or new traders some important concepts like pips, margins, technical analysis, fundamental analysis, trading strategies and some trading tips.
Conclusion
Though a new brokerage, Acri has launched its operation in an organised way with a focus on technology and customer satisfaction. Safety of the clients and their deposits remain paramount to the broker. Speedy order executions, multiple tradable assets, low transaction fees, multiple payment options, social trading are some of strengths of the brokerage brand. There is definitely more to come as the brokerage is still in its nascent stages.
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