ACM Gold Review 2026
The full ACM Gold write-up for South Africa traders: the kitchen inspection, the ingredient costs, the bill, and our straight verdict.
Regulation in South Africa
| 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 |
| Verify on FSCA register → | 40028 |
Verdict
Cooks under FSCA (licence 40028). Cover charge $100. In South Africa, forex leverage is capped at 1:500.
About ACM Gold
ACM Gold opened its doors in 2003 out of a kitchen in Johannesburg, South Africa. Its menu runs to 200 tradeable instruments, forex pairs alongside CFDs on stocks, indices and commodities. It holds licences across several jurisdictions, with the head licence carried by ACM Gold (Pty) Ltd under FSCA.
In South Africa, ACM Gold serves as ACM Gold (Pty) Ltd, cleared by FSCA under licence number 40028. Under FSCA house rules, South Africa traders are poured no more than 1:500 leverage on forex pairs.
Trading Platforms
Pros
- FSCA regulated, licence 40028
- 200+ instruments to trade
- Negative balance protection in South Africa
- Platforms: MT4, MT5
- Founded in 2003 (23 years operating)
Cons
- Inactivity fee: USD10/month after 6 months
- 76% of retail clients burn their fingers
- CFDs only, you trade the price, you never own the dish
- No real stock ownership
Frequently Asked Questions
Is ACM Gold regulated?
Yes. ACM Gold is authorised by FSCA, issued to the entity ACM Gold (Pty) Ltd, an authorisation you can look up for yourself on the official FSCA public register.
What is the minimum deposit for ACM Gold in South Africa?
The cover charge is $100, the smallest amount South Africa traders need to open a live account with ACM Gold under FSCA rules.
What leverage does ACM Gold offer in South Africa?
In South Africa, FSCA rules cap ACM Gold at 1:500 on forex pairs. A larger pour is sometimes available through offshore-regulated entities, with thinner protection to match.
Is ACM Gold safe to trade with?
The kitchen passes inspection: ACM Gold cooks under FSCA. A tier-1 regulator insists on segregated client money, negative balance protection and independent audits, while lighter offshore regimes offer weaker cover and often no compensation scheme. That does not make trading risk-free, so check which entity holds your account and what protections actually apply before you deposit.
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