ACM Gold Review 2026
Full ACM Gold review for Nigeria traders — regulation, spreads, fees and our honest verdict.
Regulation in Nigeria
| Regulator | FSCA — Financial Sector Conduct Authority (FSCA) |
| Licence Number | 40028 |
| Regulated Entity | ACM Gold (Pty) Ltd |
| Max Leverage (Forex) | 1:500 |
| Minimum Deposit | $100 |
| EUR/USD Spread | From 2 pips |
| Instruments | 200+ |
| Platforms | MT4, MT5 |
| Copy Trading | ✗ |
| Real Stocks | ✗ |
| Inactivity fee | Inactivity fee: USD10/month after 6 months |
Verdict
Regulated by FSCA (licence 40028). Minimum deposit $100. In Nigeria: maximum forex leverage 1:500.
About ACM Gold
ACM Gold was founded in 2003 and is headquartered in Johannesburg, South Africa. The broker offers 200 tradeable instruments including forex pairs, CFDs on stocks, indices and commodities. It is regulated across multiple jurisdictions with a primary licence held by ACM Gold (Pty) Ltd under FSCA.
In Nigeria, ACM Gold operates as ACM Gold (Pty) Ltd, authorised by FSCA under licence number 40028. Nigeria traders are subject to a maximum leverage of 1:500 on forex pairs under FSCA rules.
Trading Platforms
Pros
- FSCA regulated — licence 40028
- 200+ instruments to trade
- Negative balance protection in Nigeria
- Platforms: MT4, MT5
Cons
- Inactivity fee: USD10/month after 6 months
- 76% of retail clients lose money
- CFD trading — you do not own the underlying asset
- No real stock ownership
Frequently Asked Questions
Is ACM Gold regulated?
ACM Gold holds FSCA licence 40028, issued to the regulated entity {entity}. This is a real, verifiable licence recorded in the official FSCA public register.
What is the minimum deposit for ACM Gold in Nigeria?
The minimum deposit is $100. This is the amount required to open a live trading account for traders in Nigeria under FSCA regulation.
What leverage does ACM Gold offer in Nigeria?
In Nigeria, ACM Gold offers maximum forex leverage of 1:500 under FSCA rules. Higher leverage may be available through offshore-regulated entities.
Is ACM Gold safe to trade with?
ACM Gold is regulated by FSCA, which requires segregated client funds, negative balance protection and independent audits. Regulation does not eliminate trading risk, but it provides meaningful investor protection.
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