Accendo Markets review

Spread from

1.0 pip

EUR/USD spread

Not publicly disclosed

GBP/USD spread

Not publicly disclosed

Commission

Account/instrument-dependent

All-in cost, EUR/USD

Not publicly disclosed

Spread type

Variable

Overnight swap

Overnight financing applies

Deposit fee

Not publicly disclosed

Withdrawal fee

Not publicly disclosed

Currency conversion

Not publicly disclosed

Cost is where brokers in the same regulatory bracket actually differ.

Spreads from 1.0 pip suggest an all-in account, where the broker's fee is built into the price rather than charged separately. There is usually no commission on top, which makes the cost easier to predict.

Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.

Accendo Markets lists a minimum deposit of $0. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.

Markets

Forex, Shares, Indices, Commodities, Bonds, Interest Rates, ETFs, Volatility Indices

Currency pairs

Multiple

Total instruments

Thousands

Crypto CFDs

Not prominently offered

Maximum leverage

1:30

Execution model

Execution-only; broker/third-party execution with DMA available on eligible markets

Execution speed

Not publicly disclosed

Order types

Market, limit, stop and platform-specific advanced orders

Servers

Not publicly disclosed

Leverage is capped at 1:30, which is the retail limit under tier-one regulation. It is a protection rather than a restriction: it caps how quickly a position can move against your balance.

Accendo Markets covers forex, shares, indices, commodities, bonds, interest rates, etfs, volatility indices. A wider range matters less than depth in the instruments you actually trade.

Funding options: bank transfer, debit/credit card. Check withdrawal routes as well as deposit ones - they are often not the same, and the difference only becomes apparent when you try to take money out.

Platforms

Accendo online trading platform

Own platform

Branded third-party platform

Mobile app

Mobile trading access

Browser trading

Yes

Automated trading

No

Copy trading

No

Indicators

Advanced technical charting tools

Third-party tools

Level 2 / DMA market-data technology

API access

Not publicly offered to standard retail clients

Accendo Markets offers Accendo online trading platform. A proprietary platform can be excellent, but it means your setup does not transfer if you later change broker.

Regulated by

Financial Conduct Authority (FCA), 475285

Regulator tier

Tier 1

Register entry

FCA Financial Services Register, FRN 475285

Client money segregated

Yes

Held at

Major UK high-street bank; specific bank not disclosed

Negative balance protection

Yes for eligible UK retail CFD/spread-betting clients under FCA rules

Compensation scheme

FSCS protection potentially up to £85,000 for eligible claims

Audited by

Independent statutory auditor

Not available to

United States and all countries outside the United Kingdom

Across a hundred brokers, the licence is what separates the field fastest.

Accendo Markets holds a tier-one authorisation from FCA. That matters more than any headline spread: it determines your leverage cap, whether losses can exceed your deposit, and what happens to your money if the firm fails.

The FCA caps retail leverage at 1:30, mandates negative balance protection, and covers eligible clients under the Financial Services Compensation Scheme.

Client money is held separately from the firm's own money, at Major UK high-street bank; specific bank not disclosed. That separation is what makes your balance recoverable if the company fails, rather than part of the pool its creditors divide up.

Negative balance protection applies, so a losing position cannot take the account below zero and leave you owing the broker money.

Covered by FSCS protection potentially up to £85,000 for eligible claims, which pays eligible clients up to its limit if the firm fails owing client money.

Check the licence yourself: the FCA Register.

Minimum deposit

$0

Account types

CFD, Spread Betting, Forex, Demo

Account currencies

Primarily GBP, account/provider-dependent

Islamic account

No

Demo account

Yes

Professional account

Yes, FCA elective professional classification where eligible

Minimum trade size

Instrument-dependent

Time to open

Potentially within one hour

Accendo Markets runs 4 account types. More choice is not automatically better: the tightest headline spread almost always sits on the account that also charges a commission, so the comparison that matters is the two added together.

Base currencies: Primarily GBP, account/provider-dependent. Holding the account in the currency you fund it with avoids a conversion charge on every deposit and withdrawal - a cost that never shows up in a spread comparison.

The smallest position is Instrument-dependent. For anyone starting carefully this matters more than the minimum deposit, because it sets the least you can put at risk on a single trade.

A demo account is available. Worth using for the platform rather than the results: fills are simulated, so it tells you how the software behaves but very little about execution.

Deposit methods

Bank transfer, debit/credit card

Withdrawal methods

Bank transfer and supported account funding methods

Deposit time

Cards typically fast; bank transfers dependent on banking network

Withdrawal time

Not publicly specified

Minimum withdrawal

No published minimum

Local payment methods

UK bank transfer

Withdrawals are stated at Not publicly specified, against Cards typically fast; bank transfers dependent on banking network for deposits. A gap between the two is normal and not in itself a warning sign - identity checks are a legal obligation, not obstruction. What is worth noticing is a withdrawal that keeps meeting new conditions after those checks are done.

Withdrawal routes: bank transfer and supported account funding methods. Money is usually returned by the route it arrived on, so the deposit method you pick is in effect the withdrawal method you are picking too.

The minimum withdrawal is No published minimum - relevant if you intend to fund the account lightly, since it sets the smallest amount you can take out at a time.

Support hours

Office 08:00-19:00 Monday-Friday; dealer/back-office access 24/7

Contact channels

Phone, email, dedicated trader

Languages

Primarily English

Telephone

+44 (0)20 3051 7461

Email

info@accendomarkets.com

Live chat response

No conventional 24/7 retail live-chat service prominently advertised

Education

Extensive: educational articles, trading guides, platform tuition and demo trading

Research

Market reports, trade ideas, market commentary, Week in Advance and dividend reports

Support runs Office 08:00-19:00 Monday-Friday; dealer/back-office access 24/7. Round-the-clock cover matters more than it sounds: a position held over a weekend or through an unexpected halt is exactly when you need somebody to answer.

Reachable by phone, email, dedicated trader. A published telephone number is the one channel that is hard to fake and hard to ignore, so whether there is one says more than the number of channels does.

Languages: Primarily English. Being able to raise a complaint in your own language is worth more than it appears, because complaints are where precision matters most.

Education: extensive: educational articles, trading guides, platform tuition and demo trading. Treat broker-published material as an introduction rather than as advice - it is produced by a firm whose revenue rises when you trade more.

Legal entity

Accendo Markets Limited

Company number

06417051

Headquarters

Barnet, Hertfordshire, United Kingdom

Founded

2007

Publicly listed

No

Parent company

Accendo Holdings Limited

Employees

Approx. 10-50

Also trades as

Accendo Markets

Accendo Markets has been trading for around 19 years, through at least one full market cycle. Longevity guarantees nothing on its own, but a firm that came through 2008 and 2015 has been tested in a way a recent entrant has not.

The contracting entity is Accendo Markets Limited. This is the company you would actually have a relationship with, and it is worth checking that it is the same one named on the licence you are relying on: large brokers commonly operate several, and they are not equally protected.

Part of Accendo Holdings Limited. A parent adds resources, but the protections that apply to you are the ones attached to the entity that holds your account, not to the group.