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Acumen

India|5-10 years|
High potential risk|

https://www.acumengroup.in/

Website

Rating Index

Influence

Influence

C

Influence index NO.1

India 6.46

Surpassed 15.40% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+91 0484 429 1114
care@acmlmail.com
https://www.acumengroup.in/
Acumen Capital Market India Ltd S.T Reddiar & Sons, Veekshanam Road

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Warning: Low score, please stay away!
Previous Detection : 2024-12-12
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Acumen · WikiFX Survey

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Acumen · Company Summary

Company NameAcumen
Registered Country/AreaIndia
Founded Year2008
RegulationUnregulatory
Minimum Deposit₹0 for trading & demat accounts and ₹100 for Touch accounts
Maximum LeverageN/A
Commission₹ 19 per order
Trading PlatformsTouch, Mutual funds app, and GreekSoft
Tradable AssetsForex, equity futures, equity options, commodities, and mutual funds
Account TypesTrading & demat account, Touch accounts
Demo AccountUnavailable
Customer SupportEmail, phone, and social media channels
Deposit & WithdrawalN/A

Acumen Information

Acumen is an unregulated brokerage company registered in India. This firm provides a wide selection of investment options with its advanced trading platforms (Touch, GreekSoft, etc). Acumen also offers Algo trading options. However, there is an account opening fee for Touch accounts, and this firm charges annual maintenance fees.

Acumen Information

Pros and Cons

ProsCons
Plenty of investment choicesNo valid regulatory certificates
Offering call $ trade optionCharging account opening fees for Touch accounts
Advanced trading platforms (Touch, GreekSoft)Charging annual maintenance fees
No account opening fee for a trading & demat account
Multiple customer support options

Is Acumen Legit?

Acumen operates without regulation from any recognized financial authority. Engaging with an unregulated broker like Acumen carries substantial risks, and investors should be aware of the potential consequences before depositing funds.

Is Acumen Legit?

What Can I Trade on Acumen?

Having a diversified portfolio is important for managing risk. Acumen presents a swath of investment options, including forex, equity futures, equity options, commodities, and mutual funds. With this firm, you can invest in many financial institutions in India, such as NSE, BSE, MCX, etc. With mutual funds, you can choose from different types of funds such as stock funds, bond funds, money market funds, and index funds.

A couple of things you won't see here are ETFs and cryptocurrencies. Acumen doesn't offer either one.

Tradable InstrumentsSupported
Forex
Futures
Options
Commodities
Mutual Funds
Bonds
ETFs
Cryptocurrencies
What Can I Trade on Acumen?

Account Types

You can open a trading & demat account with Acumen. Various entities, including individuals, companies, partnership firms, HUFS, and NRIs, can open trading accounts with this broker.

Account opening is free, but this firm charges an annual maintenance fee of Rs 399 + GST.

Besides, if you are a tech-savvy, experienced, or expert trader you can open a Touch trading account with this broker. However, this account charges an account opening fee.

Account Types

Acumen Fees

Investment fees can take a bite out of your returns. Acumen claims to provide low-cost brokerage services. You can see the trading fees of a Touch account as below:

FeatureDetails
Commission₹ 19 per order
Account opening₹175 for Equity, ₹100 for commodity
Annual maintenance charges₹ 275 + GST per annum
Call & trade₹ 40 per order
Acumen Fees

Trading Platform

Acumen provides several advanced trading platforms:

  • Touch: for trading F&O, Commodities, Currencies
  • Mutual funds app: for trading mutual funds
  • GreekSoft: for trading options

Touch can be installed on Windows, Mac, IOS, and Android devices. This platform offers multiple watchlists, LIVE research calls, and 100+ charting indicators. You can use this platform to connect stock exchanges, such as NSE, BSE, and MCX.

Its mutual funds app is easy to navigate. It gives you daily investment reports and a bunch of research tools.

The GreedSoft platform is for option traders who prefer Algo trading. Using a set of instructions or an algorithm to automatically execute trades, you can take advantage of market opportunities quickly and efficiently.

Trading PlatformSupportedAvailable DevicesSuitable for
TouchDesktop, Web, IOS, AndroidInvestors of all experience levels
Mutual funds appIOS, AndroidInvestors of all experience levels
GreekSoftDesktopInvestors of all experience levels
MT5
MT4
Trading Platform

Customer Support Options

For any questions you might have, help is available through an online chat feature, phone (+91 94959 98191), email (care@acumengroup.in), or social media channels (Facebook, Instagram, and Linkedin).

Contact OptionsDetails
Phone+91 94959 98191
Emailhello@acumengroup.in
Support Ticket System
Online Chat
Social Media
Supported LanguageEnglish
Website LanguageEnglish
Physical AddressAcumen Capital Market, S.T Reddiar & Sons, Veekshanam Road, Kochi. Pin: 682 035
Customer Support Options

The Bottom Line

While there are plenty of online brokerages out there, some may fit your needs better than others. Acumen makes it easier to build a diversified portfolio. Its advanced trading platforms and Algo trading options are other selling points for investors. However, the biggest drawbacks are the charging of annual maintenance fees and regulatory hurdles. As you compare online brokerages, keep cost and risk firmly in mind.

FAQs

Is Acumen a regulated brokerage?

No, Acumen is not regulated by any reputable financial authority.

Does Acumen offer mutual fund trading?

Yes, Acumen provides investment in mutual funds with its user-friendly Mutual funds app.

What account types does Acumen offer?

Acumen offers a trading & demat account and one Touch account.

Risk Warning

Online trading involves considerable risk, so it may not be suitable for everyone.

Broker Information

Company Name

Acumen Capital Market(India)Ltd

Abbreviation

Acumen

Regulatory Status

No Regulation

Platform registered country and region

India

Company website
Phone of the company
  • +91 0484 429 1114

X

--

Facebook
Instagram
YouTube

--

Company address
  • Acumen Capital Market India Ltd S.T Reddiar & Sons, Veekshanam Road

Linkedin
WhatsApp

--

QQ

--

WeChat

--

Customer Service Email Address
  • care@acmlmail.com

  • care@acumengroup.in

Company Summary

Review

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