Accuindex Trading Signals - TU Expert review
Trading signals are one of the best trading options for beginners and for earning passive income. Novice traders can use such signals and earn a profit, while still learning. Brokers can offer various ways of receiving signals. Traders Union analysts have prepared a detailed analysis of Accuindex trading signals. You will learn what kinds of trading signals Accuindex offers and what the conditions for using them are.
Short introduction of Accuindex
Accuindex is a new yet strong participant in the Forex and CFD markets. Accuindex is dedicated to giving access to a transparent and powerful trading environment. Among its core principles, Accuindex sees professionalism, innovation, flexibility, and fair business. Here traders can find just the right solutions and services to effectively meet their requirements along with ultra-low spreads, multiple trading tools, and zero commissions. As a fast-growing business, Accuindex leads the charge towards the future of trading.
| 💰 Account currency: | USD |
| 🚀 Minimum deposit: | $250 |
| ⚖️ Leverage: | 1:400 |
| 💱 Spread: | As low as 0.2 |
| 🔧 Instruments: | Forex, Metals, Indices, Energies, Stocks |
| 💹 Margin Call / Stop Out: | 20% |
Accuindex Pros and Cons
👍 Advantages of trading with Accuindex:
•Regulation by CySEC (340/17). This regulator operates in compliance with the European law despite being in an offshore jurisdiction.
•Deposit and withdrawal on the same day for almost all payment methods. The broker does not charge deposit/withdrawal fees and there are no limits on the amounts.
•Swap is not charged for the first 10 days, which is enough for choosing a strategy type (day, long-term).
👎 Disadvantages of Accuindex:
•EAs cannot be used on the ECN account with floating spread from 0 pips.
•No negative balance protection on the Raw account. This means that in case of a loss (negative account balance), there is a risk that the broker may sue for compensation.
What are trading signals?
Trading signals are signals to enter a trade, which the broker provides to traders. They can be based both on fundamental and technical analysis.
A broker can provide signals in several ways:
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Copy trading.
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Email alerts.
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Signals through a blog on the website.
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Recommendations of a personal manager, etc.
When choosing signals, it is important to take into consideration their profitability, the list of trading instruments, the conditions of their provision – fees, markup, etc.
Accuindex Trading Signals
Traders Union analysts performed a review of trading conditions and legal documents of the broker to see what kinds of fees the company charges. The broker’s fee is the spread that is shown to traders with the markup, swap and a fixed fee on the ECN account. The broker does not charge deposit and withdrawal fees or hidden fees.
| Account type | Spread (minimum value) | Withdrawal commission |
| Standard | USD 14 | no |
| Pro | USD 8 | no |
| Raw | USD 0 | no |
Conclusion
Based on the results of the analysis, Traders Union analysts have concluded that Accuindex does not have the best conditions for trading signals. The broker offers a limited choice of instruments, for which signals are provided, high fees and there are questions about signal profitability. Therefore, if you are planning to trade signals, it would be a good idea to consider another option.
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FAQs
Can trading signals be provided for free?
Brokers may offer free and paid trading signals.
In which form can signals be provided?
Signals can be provided as copy trading, newsletters, alerts, blog articles, etc.
Do brokers offer premium subscriptions to signals?
In some cases, brokers may offer premium subscriptions.
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Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.