Last Updated: [03/04/2024]

In order to begin trading with ACM Group you must complete our Application Form for compliance and KYC verification.

Once approved you will receive your personal account login and password to our online active client area, and your dedicated ACM Group’s broker or investment manager will contact you to discuss your investments requirements and strategise a plan moving forward.

1. Trade Execution & Confirmation Document

Each time we purchase shares for your portfolio you will receive a confirmation of trade for signature to return to us. This will include your personal account summary, execution date, transfer agent coordinates (if applicable), stock details, price, exchange, cusip number, and commission fee (if applicable).

Equally each time we sell a position in the market you will receive a sell order confirming trade. You will similarly be required to sign and return it to us, authorising the sale.

Note: If an immediate timely execution is required (at night), you will receive sale confirmation the following day during normal office hours post trade.

2. Payments

In accordance with standard trading terms for equities, we operate on a T+3 basis (this means ‘trade date’ plus three working days settlement).

Dependent on the relevant trading exchange and locality of the client, or if abroad, payments are typically processed either directly through ACM Group, or via our secure registered Transfer Agent. Registered Transfer Agents act as a secure intermediary between clients and brokers, facilitating fund transfers for share purchases and sales. Additionally, they may handle the issuance and redemption of share certificates.

Each Transfer Agent carries an indemnity of up to maximum USD $10,000,000.

For Bonds and Fund investments, settlement occurs on the same day as specified in the fund contract. Payments are processed through the designated registered Transfer Agent or nominated Escrow service.

3. Trade Fees

Bonds

At ACM Group, standard private trading accounts are charged a commission fee on each bond transaction.

Individual and Joint private account holders will be subject to the following fees:

  • 0.15% brokerage fee of the notional bond value;
  • 0.15% per $100,000.00 Credit Default Swap (CDS) Insurance fee of notional bond value, if notional bond value exceeds $250,000.00.

Shares

ACM Group charges a commission fee on each transaction, whether buying or selling shares.

Individual and Joint Account holders will be subject to the following trading fees:

  • All transactions up to the maximum value of $20,000.00 will be charged a fee of $50.00 per trade;
  • All transactions exceeding $20,000.00 will be charged a fee equal to 0.25% of the trade value;
  • The commission fee will be included on the Trade Confirmation and it is the responsibility of the Transfer Agent, notary public or solicitor handling the trade to remit these funds to ACM Group if client has not settled directly with the company.

High net worth Discretionary Managed accounts are only charged 2% of profits after a sale, and never the capital initially invested.

4. Account Management

Your dedicated ACM Group broker or investment manager will follow the trading prices of shares held in your portfolio and will provide timely advice on both buying and selling.

In addition we provide regular updates and news regarding any important developments in the companies whose shares you hold, or any positive/negative information that may affect share prices.

The management of your account and any subsequent research and information is provided to you at no extra cost.