ACY Securities
  • Minimum Deposit: $50
  • Trust Score: 75
  • Tradeable Symbols (Total) : 1600

Your new home to trade global markets.

ACY Securities Review

• Introduction 

• Trading Platform 

• Account Types 

• Trading Instruments 

• Education and Analysis 

• Safety and Regulation 

• Conclusion

Introduction

Welcome to our ACY Securities review, where we explore all aspects of this forex broker. ACY Securities is an Australian-based forex and CFD broker that provides a range of trading services to its clients. The company has been operating since 2013 and has since then established itself as a reputable and competitive broker in the industry. With ACY Securities, traders can access a wide range of trading instruments, including forex, commodities, indices, and cryptocurrencies. Moreover, the broker provides traders with access to multiple account types depending on their trading needs. ACY Securities also offers a range of educational resources and market analysis tools to help traders stay up-to-date on the latest market trends. Why choose ACY Securities? The answer is simple – ACY Securities offers a competitive and reliable trading environment with excellent customer support. So, if you’re looking for a broker that provides a wide range of trading instruments, reliable execution, and an excellent trading experience, then ACY Securities may be the broker for you.

1634717903

Trading Platform

Introduction to ACY Securities Review: If you’re looking for a brokerage that offers competitive trading conditions, varied account options, and a wide range of tradable instruments, then ACY Securities has got you covered. It’s a well-regulated brokerage that offers a decent trading environment to traders. Trading Platform: ACY Securities provides its clients with three trading platforms: MetaTrader 4, WebTrader, and Mobile Trading Apps. MetaTrader 4 is the most popular trading platform among forex traders. It offers advanced charting tools, expert advisors (EAs), customizable indicators, and a flexible trading environment. The platform is user-friendly, and even beginner traders can operate it with ease. WebTrader is a web-based platform that requires no downloads or installations. It’s accessible from any device with an internet connection, and it offers a variety of trading functions. It’s also customizable to suit individual preferences. Mobile Trading Apps are available for both Android and iOS devices. They offer full functionality, including advanced charting tools and real-time quotes. The apps are user-friendly and allow you to monitor your accounts and trades on the go. In conclusion, ACY Securities offers multiple trading platforms to its clients, each with its features and benefits. Whether you prefer to trade on a desktop, through a web browser, or on a mobile device, ACY Securities has got you covered.

Account Types

Account Types When it comes to trading with ACY Securities, you have the option to choose from three different account types- Standard, ECN, and Islamic account. Let’s take a closer look at each one. The Standard Account is perfect for those who are new to trading as it offers zero commissions and low spreads with no minimum deposit required. You can trade in various markets such as forex, commodities, and indices with a fixed leverage of up to 1:200. On the other hand, the ECN Account is designed for more experienced traders who need lightning-fast execution, lower spreads, and better market depth. They require a minimum deposit of AUD 2,000 and offer a leverage of up to 1:500. However, since it is an ECN account, you’ll be charged a $7 commission per lot, but the spreads are significantly lower. Lastly, the Islamic Account is tailored for those who follow Sharia laws, which prohibits earning interest. It offers swap-free trading with commissions and spreads similar to the Standard Account. Choose the account type that suits your trading needs and start trading with ACY Securities today!

Trading Instruments

Trading Instruments: When it comes to trading instruments, ACY Securities has a range of options available. Let’s break it down: Forex: ACY Securities has over 60 currency pairs available for trading. This includes all the major pairs, as well as some minor and exotic pairs. With competitive spreads and leverage of up to 1:500, forex trading with ACY Securities is a popular choice for traders. Indices: ACY Securities provides access to a range of global indices, including the US 500, UK 100, and Japan 225. Indices can provide diversification to a trading portfolio, and with tight spreads and instantaneous execution, ACY Securities makes it easy to get started. Commodities: ACY Securities offers trading in commodities such as gold, silver, and oil. These markets present unique opportunities, and with ACY Securities’ competitive pricing, traders can access them without breaking the bank. Cryptocurrency: For those interested in trading digital assets, ACY Securities offers cryptocurrency trading. With BTC, ETH, LTC and XRP available to trade against USD, EUR, AUD and JPY, traders can take advantage of the wild fluctuations in the crypto markets. Overall, ACY Securities offers a well-rounded selection of trading instruments across multiple asset classes, providing traders with the flexibility to build a diverse trading portfolio. Whether you’re new to trading or a seasoned pro, ACY Securities has something for everyone.

Education and Analysis

Education and Analysis: One of the standout features of ACY Securities is their commitment to education and analysis. They offer a plethora of resources for traders of all levels, including webinars, video tutorials, and market analysis. Their webinars cover a range of topics from basic trading concepts to more advanced strategies. The best part? They’re all completely free. In addition to webinars, ACY also provides video tutorials on their trading platform, MetaTrader 4. These tutorials are perfect for those who are new to the platform and need a little guidance. But what really sets ACY apart is their market analysis and insights. Their team of experienced analysts provides regular updates on the latest market news and trends. This information can be incredibly valuable for traders looking to make informed decisions. Overall, if you’re looking for a broker that offers top-notch education and analysis, ACY Securities is definitely worth considering.

Safety and Regulation

Safety and Regulation: One of the most crucial factors for any trader while choosing a broker is safety and regulation. ACY Securities is a regulated broker, and its regulatory bodies include ASIC and VFSC. ACY Securities takes the security of clients’ funds seriously, and the platform follows strict protocols like SSL encryption and segregated accounts. Segregated accounts ensure that client funds are kept separate from the broker’s operational funds, reducing the risk of any mishaps. All in all, ACY Securities is a reliable and trustworthy broker because of its robust safety measures and strict regulations. By choosing ACY Securities as your broker, you can rest assured that your investment is in safe hands.

Conclusion

Introduction: What is ACY Securities? ACY Securities is a leading financial trade platform that provides access to the global marketplace for trading in CFDs, forex, metals, indices, and commodities. History of ACY Securities: Born in Sydney, Australia in 2013, ACY Securities has rapidly grown & expanded its services. ACY Securities is now a multi-award-winning broker, operating in over 30 countries & offering over 10,000 tradable financial instruments. Why choose ACY Securities? ACY Securities offers exceptional transparency, accessibility & flexibility to its users. Whether it is through their comprehensive range of financial instruments or their 24/7 multilingual customer support, clients can trust ACY Securities for their trading needs. Trading Platform: MetaTrader 4 (MT4) is the leading trading platform offered by ACY Securities. A reliable, secure, and user-friendly platform for all traders, available in desktop, web, and mobile versions. Account Types: Choose from a wide range of account types, including Standard, ECN & Islamic. No matter what type of trader you are, ACY Securities has the right account for you. Trading Instruments: Access global markets with ACY Securities’ wide range of trading instruments including forex, indices, commodities, and cryptocurrency. Education and Analysis: Leverage the research, market insights, webinars, and video tutorials provided by ACY Securities, to stay up-to-date with the latest industry trends, and improve your trading strategies. Safety and Regulation: ACY Securities has an excellent track record of protecting clients’ interests. They are regulated by both ASIC and VFSC and use stringent security protocols, including SSL encryption and segregated accounts, ensuring that your money and personal information are safe. Conclusion: ACY Securities is an award-winning broker with an exceptional range of services, providing clients with access to global markets, cutting-edge trading tools, and premium customer support. Whether you are a beginner trader or an expert, you can trust ACY Securities for all your trading needs.

Alt Pros

Alt Cons

Overall Summary :

FeatureACY Securities
Overall4 Stars
Trust Score74
Offering of Investments4 Stars
Commissions & Fees4.5 Stars
Platforms & Tools4 Stars
Research3.5 Stars
Mobile Trading Apps4 Stars
Education3.5 Stars

Is ACY Securities safe?

ACY Securities is considered average-risk, with an overall Trust Score of 74 out of 99. ACY Securities is not publicly traded and does not operate a bank. ACY Securities is authorized by one tier-1 regulator (high trust), zero tier-2 regulators (average trust), and one tier-3 regulators (low trust). ACY Securities is authorised by the following tier-1 regulator: the Australian Securities & Investment Commission (ASIC).

Regulations comparison:

FeatureACY Securities
Year Founded2011
Publicly Traded (Listed)No
BankNo
Tier-1 Licenses1
Tier-2 Licenses0
Tier-3 Licenses1
Trust Score74

Offering of investments:

ACY Securities offers CFDs across a variety of popular asset classes that include equities, ETFs, commodities, metals, forex and cryptocurrencies.

Cryptocurrency: Crypto CFDs are not available to retail traders from any broker’s U.K. entity, nor to U.K. residents.

1634633141

ACY Securities offering of investments:

FeatureACY Securities
Forex TradingYes
CFD TradingYes
Tradeable Symbols (Total) 1600
Forex Pairs (Total)62
US Stock Trading (Non CFD)No
Int’l Stock Trading (Non CFD)No
Social Trading / Copy-TradingYes
Cryptocurrency (Physical)No
Cryptocurrency (CFD)Yes
Crypto Disclaimer (UK)Note: Crypto CFDs are not available to retail traders from any broker’s U.K. entity, nor to U.K. residents (except to Professional clients).

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 72-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Commissions and fees :

Acy 300x250 1
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 72-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

ACY Securities caters to a wide variety of traders by offering both low-deposit and commission-based account options. While pricing on its Standard account is slightly higher than the industry average, the ProZero account effective spreads are slightly better than the industry average. If you reside in Australia, the all-in cost is even lower. 

Account types:

 ACY Securities offers three account types with varying minimum deposits, spreads and commissions. Additionally, an active trader program with 10 tiers can lower your trading costs by 0.5 pips per lot if you have more than 50 standard lots in monthly volume.

Trading costs: 

The Standard account is commission-free with spreads averaging 1.2 pips on the EUR/USD in September 2021, and requires just a $50 deposit – but it has wider spreads than ACY’s commission-based ProZero and Bespoke accounts, where average spreads drop to 0.25 during the same period. The commission-based accounts require larger minimum deposits, starting at $200 for the ProZero account and $10,000 for the Bespoke account. The commission rate varies from $5 per round turn (RT) on the Bespoke account to $6 per RT on the ProZero. It’s worth noting again that, for residents of Australia, the commission on the ProZero account drops to $3 per RT, bringing the effective spreads to 0.55 in September 2021. That’s comparable to pricing from category leaders such as Tickmill.

1634717903

Trading Cup contest: 

In this yearlong contest, traders are eligible to receive allocations ranging from $50,000 to $500,000 for a total of $1 million across the top five finalists. Unlike most bonuses that are volume-based, the Trading Cup contest requires at least 10 round-trip trades of any amount to be eligible — but the catch is that winners can only withdraw up to 50% of any profits and must adhere to strict money management guidelines.

ACY Securities pricing summary:

FeatureACY Securities
Minimum Deposit$50
Average Spread EUR/USD – Standard1.2 (Sept 2021)
All-in Cost EUR/USD – Active0.85 (Sept 2021)
Active Trader or VIP DiscountsYes
Execution: Agency BrokerNo
Execution: Market MakerNo

Mobile trading apps:

Apps overview: As ACY Securities is a MetaTrader-only broker, iOS and Android versions of the MT4 and MT5 app come standard and are both available for download from the Apple App Store and Google Play store, respectively.

Ease of use: Most brokers now offer the MT4 and MT5 mobile apps due to the user-friendly interfaces and variety of standard features. The MT4 app makes viewing and managing positions simple and easy, but it doesn’t support algorithmic trading – for that you’ll need the desktop app. 

Charting: Accessing functions such as changing the time frame or chart tap is as easy as tapping and holding the screen, which brings up the quick pie menu.

Trading tools: The Tradays app powers the economic calendar feature for both MT4 and MT5. This requires a separate installation that launches from within the MetaTrader app. Traders can also benefit from the specialized MetaTrader community features in the app, which can be accessed by logging into the MQL5 community. 

Gallery

ACY Securities mobile trading:

FeatureACY Securities
Android AppYes
Apple iOS AppYes
Alerts – Basic FieldsYes
Watch ListYes
Watch List SyncingNo
Charting – Indicators / Studies30
Charting – Draw TrendlinesYes
Charting – Trendlines MoveableNo
Charting – Multiple Time FramesYes
Charting – Drawings AutosaveYes
Forex CalendarNo

Other trading platforms

In addition to MT4 and MT5, there is the option to integrate ACY Securities’ ICHI Scalper plug-in for algorithmic trading; but there are no other significant add-ons to help the broker stand out from among the best MetaTrader brokers

Platform overview: The full MetaTrader suite is available — albeit the standard, run-of-the-mill versions — for MacOS and Windows, alongside the web version that can be accessed via any modern browser.

Charting: The MetaTrader platform suite is well-known for its adaptable charting software. User-friendly and functional, it allows users to drag and drop from the default list of nearly 50 indicators. Zooming in and out and rearranging windows and tabs is a breeze on both MT4 and MT5.

Gallery

ACY Securities trading platform:

FeatureACY Securities
Virtual Trading (Demo)Yes
Proprietary PlatformNo
Desktop Platform (Windows)Yes
Web PlatformYes
Social Trading / Copy-TradingYes
MetaTrader 4 (MT4)Yes
MetaTrader 5 (MT5)Yes
cTraderNo
DupliTradeNo
ZuluTradeNo
Charting – Indicators / Studies (Total)30
Charting – Drawing Tools (Total)15
Charting – Trade From ChartYes
Watchlists – Total Fields7
Order Type – MarketNo

Market research

ACY Securities provides basic research coverage in the form of daily market analysis in written and video format. The market research articles include a good balance of written content and associated multimedia such as charts and graphs. Though ACY’s offering has variety, it still trails the best brokers in the category, such as IG and Saxo Bank. 

1634633141

Research overview: ACY Securities’ main research offering is its Daily Market Report video series, which is complemented by detailed written articles that cover fundamental and technical analysis. 

Market news and analysis: The Latest News and Market Analysis sections of the ACY Securities website provide timely, up-to-date information. However, I found the content filed under the Market News and Trade Ideas sections to be outdated. 

Gallery

ACY Securities research:

FeatureACY Securities
Daily Market CommentaryYes
Forex News (Top-Tier Sources)No
AutochartistNo
Trading Central (Recognia)No
Delkos ResearchNo
Social Sentiment – Currency PairsNo
Economic CalendarYes

Education

With over 50 articles and over a dozen videos, ACY Securities has built a good foundation of content for its educational offering. It’s an impressive start, but ACY Securities still lags the best brokers in this category. 

Learning center: I found ACY Securities to have good-quality educational content, on par with the industry average, in both video and written format. It also provides daily educational webinars, with at least 30 archived on ACY Securities’ YouTube channel. 

Room for improvement: ACY Securities’ educational offering could be improved by adding the ability to filter and organize its content by experience level. I’d also like to see a general expansion of the topics covered. Some of the best brokers in this category offer lesson programs, complete with quizzes and progress tracking.

Gallery

ACY Securities education:

FeatureACY Securities
Has Education – Forex or CFDsYes
Client WebinarsYes
Client Webinars (Archived)Yes
Videos – Beginner Trading VideosYes
Videos – Advanced Trading VideosNo
Investor Dictionary (Glossary)No

Final thoughts

ACY Securities provides access to a decent range of markets and over 1,600 symbols by way of its offshore and Australian entities. As a MetaTrader-only broker, it also gives traders access to the powerful MT4 and MT5 trading platforms. 

I was impressed by its commission-based accounts, and by tools like its proprietary ICHI Scalper. Some significant limitations come along with those benefits, however, such as sparse educational content and out-of-date research materials.

About ACY Securities

1634633141

Founded in 2011, ACY Securities Pty Ltd is regulated by the Australian Securities and Investments Commission (ASIC) and in Vanuatu, ACY Capital Australia Limited is regulated by the Vanuatu Financial Services Commission (VFSC). 

2023 Review Methodology

For our 2023 Forex Broker Review we assessed, rated, and ranked 39 international forex brokers over a three-month time period resulting in over 50,000 words of published research. 

Each broker was graded on 113 different variables, including our proprietary Trust Score algorithm. This innovative scoring system ranks the level of trustworthiness for each broker based on factors such as licenses, regulation and corporate structure. Read about Trust Score here.  

As part of our annual review process, all brokers had the opportunity to provide updates and key milestones and complete an in-depth data profile, which we hand-checked for accuracy. 

Ultimately, our rigorous data validation process yields an error rate of less than .1% each year, providing site visitors with quality data they can trust. Learn more about how we test.

Forex Risk Disclaimer

There is a very high degree of risk involved in trading securities. With respect to margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or related instrument. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses.