ACY Securities Review
New standart in online trading at ACY Securities with trading conditions that are second to none, full suite of resources to help you grow as a trader.
Broker: ACY Securities (ACY Capital Australia Limited)
Leverage: 1:500
Regulation: ASIC, VFSC
Min. Deposit: 50 US$
HQ: Australia
Platforms: MT4, MT5
Found In: 2013
Website: acy.com
ACY Securities Licences
ACY Securities Pty Ltd - authorized by ASIC (Australia), registration no. ABN: 80 150 565 781 AFSL: 403863
ACY Capital Australia Limited - Authorized by VFSC (Vanuatu), registration number. 012868
What is ACY Securities?
ACY Securities, a Sydney-based Forex and CFD trading company, is dedicated to providing education and trading strategies for novice and experienced traders.
This company offers trading services solutions that assist those who want to succeed in the market. ACY Securities has been working with OANDA is the world's largest Forex broker and global provider of education services. ACY Securities also has offices in Shanghai, Shenzhen and China to provide efficient services to customers.
Overview
ACY Securities is one of Australia's fastest growing multi-asset online trading providers, offering ultra-low-cost trading, rock-solid execution, technologically superior account management, premium market analysis and a choice of over 2200 instruments to diversify your portfolio.
Execution through the ACY Securities model is performed without dealer intervention. Prices are streamed in real-time and presented with tight Forex spreads. High speeds and low latency.
Pros
Quality trading conditions
MT4 and MT5 trading platforms
High leverage
MAMM/PAMM accounts
Free Demo trading accounts
Islamic account for Muslim traders
Cons
Cannot accept clients from some countries
Inactivity fee
No support 24/7
Rating of the company overall
Reliability ⭐⭐⭐⭐
Platform ⭐⭐⭐⭐
Commissions ⭐⭐⭐⭐
Support ⭐⭐⭐⭐
Financial instruments ⭐⭐⭐⭐
RATING: 4.0
Is ACY Securities a safe investment or a fraud?
ACY Securities does not scam. It provides safe trading environments because ACY Securities has been authorized by ASIC (Australia) to broker. This complies with all regulations.
Conforming to regulatory requirements, client funds are kept in separate accounts at the Tier-One bank. This ensures that they can't be used elsewhere.
The broker must adhere to strict policies regarding operation, payments, and any other transactions. This ensures trustworthiness. ACY also offers Professional Insurance up to 2.5M$ for any claim.
Leverage
ACY Securities allows you to trade with powerful leverage which can increase your potential gains due to its ability to open multiple accounts. However, leverage can increase your risk of losing money. Learn how to properly use it.
ACY Securities allows you to trade at high leverage levels such as 1:1400, 1:1200 or 1:250 for professional proven traders. This is because Australian regulation ASIC still allows the use of these ratios.
Trade Instruments
Margin trading includes Forex with 40+ currency pair, Gold and Silver CFDs with commission-free super-tight spreads , Index CFDs, and Oil or Gas or CFDs. Their ECN/STP execution model will allow you to get truly competitive prices with an average spread EUR/USD of 0.8 pip, Gold 0.20$, and Oil 0.025.
The broker also provides support to its clients by providing a full range of services, including a large educational department that was promptly rewarded with awards. Market analysis videos, reviews and market news are available daily. Customized courses can also be arranged. There are many advanced educational tools.
Accounts
ACY Securities has created three types of account. You can choose between accounts with spreads through stpECN accounts or with a commission from zeroECN and pureECN. Account types can be defined by the technology used and the more competitive pricing based on the trading size. However, they also have to meet certain qualifications and deposit requirements.
Fees
ACY Securities pricing varies depending on account type. We compare full costs, including funding fees and inactivity fees.
Spreads
ACY Securities Spreads Presented by the type of account you trade with. As an example, you can refer to the table below which shows the average spread offering. It starts at 0 pip spread. The stpECN account does not have a commission, but the $6 USD per lot commission fee for zeroECN accounts and $5 USD per lot fee for pureECN accounts are included.
Remember to consider rollover and overnight fee as costs. These are charged for positions that are held longer than one day.
MAM accounts
ACY Securities offers a range MAM and PAMM accounts for corporate clients and managers. This unique solution allows traders to manage multiple accounts simultaneously, making management easy. Flexible distribution and trading performance are all possible through the accounts that conform to MT4 platforms.
Trade Platforms
The ACY Securities is a majorstay at MetaTrader4, the industry leader in technological forex trading. MT4 provides the best trading experience through one-click trading, automated trading systems, and risk controls.
The platform offers real-time experience via the powerful charts feature that MT4 is known for, along with free technical indicators that support different trading strategies with real-time requotes.
Different versions of the platform can be used for different purposes via desktop and web versions as well as mobile apps. ACY Securities also supports MT5 and versions, which offer more advanced trading performance and provide truly competitive conditions for different strategies.
Last but not least, there are a variety contests and competitions ACY Securities holds on a regular basis that allow you to improve your skills and gain valuable prices. To enter one of the contests, you can access the official website.
Deposits and withdrawals
ACY's CLOUDHUB client portal, which offers a range of services for both corporate and retail clients, makes account management easy. The HUB allows you to view statistics, perform transactions, and monitor account performance.
There are many payment options available for funding. These include Credit/debit, Fasapay/Duko Wallet and Skrill. Bank Transfers is also accepted (incl. Internet Banking Transfer).
ACY Securities minimum deposit
ACY Securities Minimum deposit is 50$ in the beginning. This will also depend on which account type you plan to trade with.
ACY Securities Minimum Deposit vs Other Brokers
Withdrawals
ACY Securities allows traders to withdraw at any time by submitting a withdrawal request. However, international transfers (to which your receiving bank account is not located in Australia) will be charged $25 USD per withdrawal. Skrill charges a 3% merchant fee per withdrawal. However, local bank transfers within Australia are free up to three times per monthly.
Conclusion
ACY Securities is a customer-focused online trading platform. There is no doubt about the ACY's compliance and reliability as long as they are an ASIC-regulated broker. There is extensive education and a high level of expertise. STP trading access offers competitive, most popular markets as well as the ability to use any strategy with a very low spread.