ACY Securities

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Leverage 1:500
Minimum Deposit $50
Regulation ASIC, VFSC
Year Established 2011
Payment Methods Bank Transfer, Credit/Debit Cards, PayPal, Skrill, Neteller
Trading Assets Forex, Indices, Shares, Commodities, Cryptocurrencies
MT4
MT5
Spreads Extremely Low
Average cost: EUR/USD 0.2 pips
Demo Account
Islamic Account
CopyTrading
ZuluTrade
Scalping Yes
Signals
EAs/Robots Available
Negative Balance Protection Yes
Deposit Fee
Withdrawal Fee
Contact Information Email: [email protected], Phone: +61291900288
Address Level 5, 28-34 O’Connell Street, Sydney, NSW 2000, Australia
Rating ★★★★☆ 4.7
Website

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Pros and Cons

Pros
  • Extremely low spreads
  • Wide range of trading assets
  • Multiple trading platforms supported
  • Excellent customer support
  • Low minimum deposit requirement
Cons
  • Limited educational resources
  • No ZuluTrade support
  • Withdrawal processing times
  • Limited research tools
  • Complex fee structure for some accounts

Introduction

ACY Securities is a globally recognized financial services provider that offers a diverse range of trading instruments and services.

Established in 2011 and headquartered in Sydney, Australia, the broker has gained a reputation for providing reliable, transparent, and efficient trading solutions.

This review aims to provide a comprehensive analysis of ACY Securities, covering aspects such as regulatory compliance, trading platforms, account types, customer service, and more, to assist both novice and intermediate traders in making an informed decision.

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Company Overview

History and Background

ACY Securities was founded in 2011 with the mission to deliver superior trading solutions and financial services.

Over the years, the company has expanded its operations globally, catering to traders from different parts of the world.

The broker prides itself on offering competitive pricing, advanced trading technology, and exceptional customer service.

Regulatory Compliance

Regulation is a critical factor in the credibility and reliability of a broker.

The company is regulated by multiple reputable financial authorities:

  • Australian Securities and Investments Commission (ASIC): ASIC is known for its stringent regulatory standards, ensuring that brokers operate with transparency and integrity. Its regulation by ASIC provides clients with a high level of protection and confidence.
  • Vanuatu Financial Services Commission (VFSC): VFSC regulation adds another layer of credibility, ensuring that the broker adheres to international financial standards.

Global Presence

ACY Securities has a significant global presence, serving clients in various regions, including Asia, Europe, and the Middle East.

The broker’s multilingual support and diverse account offerings make it accessible to a wide range of traders.

Trading Platforms

ACY Securities offers two of the most popular trading platforms in the industry: MetaTrader 4 (MT4) and MetaTrader 5 (MT5).

These platforms are renowned for their user-friendly interfaces, advanced trading tools, and robust performance.

MetaTrader 4 (MT4)

MT4 is widely used for its simplicity and powerful features, suitable for both beginners and experienced traders.

Key features include:

  • Customizable Interface: Traders can tailor the platform to suit their trading preferences.
  • Advanced Charting Tools: MT4 offers a wide range of technical analysis tools and indicators.
  • Automated Trading: The platform supports Expert Advisors (EAs) for automated trading.
  • Secure and Reliable: MT4 ensures secure transactions and stable performance.

Advantages of MT4

  • User-Friendly: Easy to navigate and use, making it ideal for beginners.
  • Wide Range of Tools: Comprehensive tools for technical analysis and automated trading.
  • Highly Secure: Provides robust security measures to protect traders’ data and transactions.

MetaTrader 5 (MT5)

MT5 is the successor to MT4, offering additional features and improved functionality.

It caters to more advanced traders who require sophisticated trading tools.

Key features include:

  • Enhanced Charting and Analysis: MT5 offers more timeframes, indicators, and analytical tools than MT4.
  • Economic Calendar: An integrated economic calendar helps traders stay updated with market events.
  • Depth of Market (DOM): Provides detailed market liquidity information.
  • Advanced Order Management: More order types and advanced risk management tools.

Advantages of MT5

  • Comprehensive Tools: Ideal for advanced traders requiring in-depth analysis and trading options.
  • Integrated Economic Calendar: Helps traders make informed decisions based on market events.
  • Improved Performance: Enhanced processing speed and reliability.

Account Types

The broker offers different types of accounts to cater to different trading needs and experience levels.

The account types include Standard, ProZero, and Bespoke accounts.

Standard Account

The Standard Account is designed for beginner traders and those with a smaller trading capital.

Key features include:

  • Minimum Deposit: $50
  • Spreads: Starting from 1.0 pips
  • Leverage: Up to 1:500
  • Trading Platforms: MT4 and MT5
  • Instruments: Forex, indices, commodities, shares, and cryptocurrencies

ProZero Account

The ProZero Account is suitable for more experienced traders who require tighter spreads and advanced trading conditions.

Key features include:

  • Minimum Deposit: $200
  • Spreads: Starting from 0.0 pips with a commission of $6 per lot
  • Leverage: Up to 1:500
  • Trading Platforms: MT4 and MT5
  • Instruments: Forex, indices, commodities, shares, and cryptocurrencies

Bespoke Account

The Bespoke Account is tailored for professional traders and institutional clients, offering personalized trading conditions.

Key features include:

  • Minimum Deposit: $10,000
  • Spreads: Customized spreads based on trading volume
  • Leverage: Up to 1:500
  • Trading Platforms: MT4 and MT5
  • Instruments: Forex, indices, commodities, shares, and cryptocurrencies
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Trading Instruments

ACY Securities offers a diverse range of trading instruments, allowing traders to diversify their portfolios and explore various markets.

Forex

Forex trading is one of the main offerings, with access to major, minor, and exotic currency pairs.

The broker provides competitive spreads and high liquidity, making it an attractive option for forex traders.

Indices

It also offers a wide set of global indices, allowing traders to speculate on the performance of major stock markets.

Popular indices include the S&P 500, Dow Jones, NASDAQ, FTSE 100, and more.

Commodities

Traders can also access commodity markets like precious metals (gold, silver), energy (crude oil, natural gas), and agricultural products (wheat, coffee).

Shares

ACY Securities provides access to a wide range of shares from global markets, enabling traders to invest in individual companies.

The broker covers major stock exchanges, including the NYSE, NASDAQ, LSE, and others.

Cryptocurrencies

In response to the growing popularity of digital assets, it offers trading in cryptocurrencies such as Bitcoin, Ethereum, Litecoin, and Ripple.

This allows traders to speculate on the price movements of these volatile assets.

Fees and Spreads

Understanding the fee structure and spreads is crucial for traders, as these directly impact trading costs and profitability.

Spreads

ACY Securities is known for offering competitive spreads across its account types:

  • Standard Account: Spreads start from 1.0 pips.
  • ProZero Account: Spreads start from 0.0 pips with a commission of $6 per lot.
  • Bespoke Account: Customized spreads based on trading volume.

Commissions

  • Standard Account: No commission, spreads only.
  • ProZero Account: $6 commission per lot traded.
  • Bespoke Account: Commissions vary based on the trading volume and customized arrangements.

Other Fees

  • Deposit and Withdrawal Fees: The broker does not charge fees for deposits or withdrawals, but third-party charges may apply.
  • Inactivity Fee: The broker charges an inactivity fee if there are no trading activities for a specified period.

Comparison Table

Account TypeMinimum DepositSpreadsCommissionLeverage
Standard$50From 1.0 pipsNoneUp to 1:500
ProZero$200From 0.0 pips$6 per lotUp to 1:500
Bespoke$10,000CustomizedVariesUp to 1:500

Trading Conditions

Leverage

ACY Securities offers leverage up to 1:500, allowing traders to maximize their trading potential.

However, high leverage also increases risk, so it is essential for traders to use leverage responsibly.

Execution Speed

The broker is known for its fast and reliable trade execution, which is critical for traders who need to enter and exit positions quickly.

The company uses advanced technology to ensure minimal slippage and latency.

Order Types

ACY supports various order types, including market orders, limit orders, stop orders, and trailing stops.

This flexibility allows traders to implement diverse trading strategies.

Risk Management Tools

To help traders manage their risk effectively, it offers several risk management tools, including stop-loss and take-profit orders.

These tools enable traders to set predefined levels for closing their positions, reducing the risk of significant losses.

Customer Support

Quality customer support is a hallmark of a good broker.

The company provides multiple channels for customer support, ensuring that traders can get assistance when needed.

Support Channels

  • Email Support: Traders can reach out to the support team via email for detailed queries.
  • Phone Support: It offers phone support for urgent inquiries.
  • Live Chat: The broker provides live chat support for real-time assistance.
  • Help Center: A comprehensive help center with FAQs and guides is available on the broker’s website.

Availability

Customer support is available 24/5, aligning with the global forex market’s operating hours.

This ensures that traders can get support during trading hours, regardless of their time zone.

Quality of Support

ACY Securities is known for its responsive and knowledgeable customer support team.

The support representatives are well-trained and capable of addressing a wide range of trading-related issues.

Educational Resources

While it excels in many areas, its educational resources could be more comprehensive.

For novice traders, having access to robust educational content is essential for developing trading skills and knowledge.

Current Offerings

  • Webinars: The broker offers occasional webinars covering various trading topics.
  • Trading Guides: The broker provides basic trading guides to help beginners understand the fundamentals of trading.
  • Market News: Regular market news updates keep traders informed about major market events and trends.

Areas for Improvement

  • Comprehensive Courses: More in-depth trading courses covering advanced topics and strategies would be beneficial.
  • Video Tutorials: Step-by-step video tutorials on using trading platforms and executing trades would enhance the learning experience.
  • Interactive Tools: Interactive tools such as trading simulators and quizzes could help traders test their knowledge and strengthen their skills.

Research Tools

ACY Securities offers several research tools to assist traders in making informed decisions.

However, the range of research tools could be expanded to provide more comprehensive market analysis.

Current Offerings

  • Economic Calendar: An integrated economic calendar helps traders stay updated with important market events.
  • Market Analysis: Regular market analysis reports provide insights into market trends and potential trading opportunities.
  • Trading Signals: ACY Securities offers trading signals to help traders identify potential entry and exit points.

Areas for Improvement

  • Advanced Charting Tools: More advanced charting tools and indicators would benefit technical traders.
  • Research Reports: Detailed research reports covering various asset classes and market conditions would provide more in-depth insights.
  • Third-Party Integrations: Integration with third-party research tools and platforms could enhance the overall research capabilities.

Account Opening Process

Opening an account is straightforward and can be completed online.

The broker has streamlined the process to ensure a quick and hassle-free experience for new clients.

Steps to Open an Account

  1. Registration: Fill out the online registration form with personal details, including name, email, and phone number.
  2. Verification: Submit identification documents for verification. This typically includes a government-issued ID and proof of address.
  3. Funding: Once the account is verified, deposit funds using the available payment methods.
  4. Start Trading: After funding the account, traders can start trading using the selected trading platform.

Account Verification

ACY Securities adheres to strict regulatory requirements, including Know Your Customer (KYC) and Anti-Money Laundering (AML) policies.

This ensures that all accounts are verified to prevent fraudulent activities.

User Experience

The account opening process is user-friendly and efficient.

The broker provides clear instructions and support throughout the process, making it accessible even for novice traders.

Deposit and Withdrawal Methods

ACY Securities offers a wide array of payment methods for deposits and withdrawals, ensuring convenience and flexibility for its clients.

Deposit Methods

  • Bank Transfer: Secure and widely accepted method, though it may take a few business days to process.
  • Credit/Debit Cards: Instant processing and convenient for most traders.
  • E-Wallets: PayPal, Skrill, and Neteller are supported, offering instant deposits and withdrawals.
  • Cryptocurrency: Some cryptocurrencies are accepted for deposits, providing additional flexibility.

Withdrawal Methods

Withdrawals can be made using the same methods as deposits.

The company processes withdrawal requests promptly, although the actual time to receive funds may vary depending on the method used.

Processing Times

  • Bank Transfer: 3-5 business days
  • Credit/Debit Cards: 1-3 business days
  • E-Wallets: Instant to 24 hours
  • Cryptocurrency: Varies based on blockchain network speed

Fees

ACY Securities does not charge fees for deposits or withdrawals.

However, traders should be aware of any potential fees charged by third-party payment providers.

Security and Safety

Ensuring the safety and security of clients’ funds and personal information is a top priority, and the broker employs various measures to protect its clients.

Data Protection

ACY Securities uses advanced encryption technologies to protect clients’ personal and financial information.

This ensures that all transactions and data exchanges are secure.

Fund Segregation

In compliance with regulatory requirements, it segregates client funds from the company’s operational funds.

This provides an additional layer of protection, ensuring that clients’ funds are safe even in the unlikely event of the broker’s insolvency.

Negative Balance Protection

ACY Securities offers negative balance protection, which prevents clients from losing more than their initial investment. This is an essential feature for traders, particularly those using high leverage.

Trading Experience

The overall trading experience is highly positive, characterized by advanced technology, reliable platforms, and competitive trading conditions.

Platform Performance

Both MT4 and MT5 platforms are known for their robust performance, reliability, and ease of use.

The platforms are well-suited for traders of all experience levels.

Order Execution

ACY Securities offers fast and reliable order execution, minimizing slippage and ensuring that trades are executed at the desired price.

This is particularly important for traders using high-frequency or scalping strategies.

Mobile Trading

ACY Securities provides mobile trading apps for both MT4 and MT5 platforms, available on iOS and Android devices.

The mobile apps offer the same functionality as the desktop versions, allowing traders to manage their accounts and trade on the go.

User Interface

The user interface of both MT4 and MT5 is intuitive and user-friendly.

The platforms are customizable, allowing traders to tailor the interface to their preferences.

Customer Feedback

Customer feedback is generally positive, with many clients praising the broker’s competitive pricing, efficient platforms, and excellent customer support.

Positive Feedback

  • Competitive Spreads: Many clients appreciate the low spreads offered by ACY Securities, which reduce trading costs.
  • Reliable Platforms: The stability and functionality of the MT4 and MT5 platforms are frequently highlighted in positive reviews.
  • Responsive Support: The broker’s customer support team receives high marks for being responsive and helpful.

Areas for Improvement

  • Educational Resources: Some clients have expressed a desire for more comprehensive educational materials and resources.
  • Research Tools: Enhanced research tools and third-party integrations would be beneficial for traders seeking in-depth market analysis.

Conclusion

ACY Securities stands out as a reliable and competitive broker, offering a wide range of trading instruments, advanced platforms, and exceptional customer support.

Its regulatory compliance and robust security measures provide clients with confidence and peace of mind.

While there is room for improvement in the areas of educational resources and research tools, the overall trading experience is highly positive.

For traders seeking a broker with competitive pricing, advanced technology, and a commitment to customer service, ACY Securities is a commendable choice.

Whether you are a beginner looking to start your trading journey or an experienced trader seeking advanced features, ACY Securities offers a comprehensive solution to meet your trading needs.

Visit official website: www.acy.com

FAQ

What is the minimum deposit required to start trading?

The minimum deposit required to start trading is $50.

Is ACY Securities regulated?

Yes, the company is regulated by ASIC and VFSC.

What trading platforms does it support?

ACY Securities supports MT4 and MT5 trading platforms.

Are there any fees for deposits and withdrawals?

ACY Securities does not charge any fees for deposits and withdrawals.

Does it offer an Islamic account?

Yes, the broker offers an Islamic account.

Can I use automated trading systems?

Yes, you can use automated trading systems such as EAs/Robots.

What is the average cost for trading EUR/USD?

The average cost for trading EUR/USD is 0.2 pips.

Resources

User Reviews

“I’ve been trading with them for over a year now, and the experience has been fantastic. The extremely low spreads have saved me a lot on trading costs, and their customer support is always quick to respond and very helpful. The MT4 platform works seamlessly, and I’ve had no issues with order execution. Highly recommend ACY for anyone looking for a reliable broker.”
James Smith
“ACY Securities has been my go-to broker for the past six months. I love the wide range of assets available for trading, and the low minimum deposit requirement made it easy for me to get started. The only downside I’ve noticed is the limited educational resources, but overall, I’m very satisfied with their services.”
Maria Garcia
“I’ve been using ACY Securities for my trading needs, and it’s been a smooth ride so far. The spreads are extremely low, and the platform is very user-friendly. However, I did experience some delays with withdrawals, which was a bit frustrating. Despite that, their overall service is top-notch.”
Robert Johnson
“As a beginner trader, I found it to be a great choice. The demo account was very helpful for practicing before investing real money. The customer support team was always available to answer my questions, and the spreads are some of the lowest I’ve seen. The only improvement I would suggest is enhancing their educational content.”
Emily Davis
“ACY Securities offers an impressive range of trading instruments and excellent customer service. I’ve been trading with them for a few months, and the platform’s performance has been consistent. The spreads are incredibly low, which is great for my trading strategy. I do wish they had more research tools available, but overall, I’m very pleased with their service.”
Michael Brown
“My experience has been largely positive. The low trading costs and efficient platform are standout features. I’ve had no issues with deposits or withdrawals, and their support team is very responsive. However, the fee structure can be a bit complex, which took some time to fully understand. Overall, I would recommend ACY Securities to other traders.”
Sarah Wilson

Article written, edited and reviewed by

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Last updated: May 23, 2024