FAQs

Click here to view our technical FAQs

Is Accendo Markets regulated?

Yes, Accendo Markets Ltd is Authorised and Regulated by the Financial Services Authority (FSA) No. 475285
Accendo Markets Ltd Registered in England and Wales No. 6417051

How secure is my money? [FSCS]

Your funds are protected under the Financial Services Compensation Scheme which is a “statutory fund of last resort” set up under the Financial Services and Markets Act 2000 to compensate customers of “authorised financial services firms” in the event of their insolvency. You are covered for 100% of the first £50,000 per person per firm. Your funds are also held in a segregated account, which means that your money is held separately from that of the firm’s.

Where is Accendo Markets based?

Our offices are located at 64 London Wall, London EC2M 5TP

Can I visit?

Yes, we encourage clients to visit the office. You can make an appointment by calling us on 020 3051 7461

I am new to online trading. Is Accendo Markets right for me?

At Accendo Markets we pride ourselves on educating you on the mechanics of CFDs and Spread Bets to allow you to decide whether they are the right trading tools for you. Our research and trading teams are here to support, educate and inform you, with the goal of making you a competent trader. Remember, CFDs are high risk investments which are not suitable for all investors. If you are in any doubt you should seek professional advice. It is important that you fully understand the risks involved before making a decision to enter into a trading relationship with us.

I am an advanced trader. Is Accendo Markets right for me?

Our research and trading teams are here to support you and help improve your trading performance. By using the award-winning PureDeal and L2 Dealer platforms you can benefit from fast execution and reliability, which are essential for accurate trading. The PureDeal and L2 Dealer platforms have been specially designed to provide you with a streamlined experience, and to aid your CFD trading with exceptional tools, speed and security. Remember, CFDs are high risk investments, which are not suitable for all investors. It is important that you fully understand the risks involved before making a decision to enter into a trading relationship with us.

Do you offer an advisory service?

No, we do not offer advice but we do provide fully actionable trading ideas and financial spread betting tips. However, these are there for you to make your own decisions and we do not consider whether they are suitable for your circumstances. If you are in any doubt about investing, you should consult an independent financial adviser.

If you’d like to hone your trading skills, our research can help teach you how to trade more effectively.

Do you offer platform tuition?

Part of our duty to you is to ensure that you are fully comfortable with our platforms. We will talk you through the platform until you are completely comfortable.

Can I speak to someone 24/7

Access to dealers and back office is available 24/7. During UK market hours you can speak to your dedicated trader.

When were you established?

Accendo Markets was established in 2007.

What is your minimum account size?

We have no minimum account size although trading costs would make it difficult to trade with very small amounts.

Are there any charges to hold an account with you?

We do not charge for holding an account with us, and there is no obligation to trade.

Do you charge for your research and trade ideas?

Our research and trade ideas are available by subscription for an annual fee of £1999. For active trading clients, our research and trade ideas are provided as standard at no extra charge.

What is execution-only?

This refers to you, the client choosing and placing trades based upon your own opinion, whether by your own platform, or by ringing in to us and having the order executed by our traders (no extra charge).

Do you offer trading tuition?

Where clients wish to become better informed about trading/technical analysis/markets etc, we can accommodate 1-to-1 sessions over the phone or in the office.

How do I apply for an account?

You can apply for a CFD account by clicking here. If you wish to open a spreadbetting or Forex trading account, please click here.

How long does it take to open an account?

It can vary. However, accounts can be open, funded and ready to trade within a couple of hours.

Can I transfer my existing positions to Accendo Markets?

Yes, your existing positions will be closed and reopened at the current price from your current spread betting or CFD provider into your new Accendo Markets account.

Can I trade while I’m abroad?

If you have access to the internet you can use the web–based platforms. If you are using your own laptop you can use the L2 Dealer platform.

If you are using your smartphone you can use apps to trade.

Of course, you can always call us to place a trade for you.

I am not based in the UK. Can I still open an account?

You can open an account from many countries across the world, although our services are not targeted at anybody outside the UK. We are unable to accept applications for those based in the USA.

Do I need to download software before I start?

We offer both web based and downloadable trading platforms. The more comprehensive platforms require a simple software download.

When can I start trading?

As soon as your account is open and funded.

Can you monitor my account for me?

We can monitor your account on request. If you’d like price alerts or news as it happens, your trader will endeavour to accommodate.

Do you offer demo accounts?

We offer demo accounts for CFDs, Spreadbetting and Forex.

How do I fund my account?

Over the phone by debit or credit card or online via our web based trading platform.

How can I take money out of my trading account?

You can do this 24 hours a day. There is a facility to deposit and withdraw funds on your trading account via the platform. You can also call your trader to request this.