ACY Securities Review 2024

Introduction

ACY Securities is an Australian-based forex and CFD broker, established in 2011. With headquarters in Sydney, Australia, ACY Securities has steadily expanded its global presence, earning a reputation for reliability and transparency in the financial trading industry. The broker offers a broad range of financial instruments and is committed to delivering high-quality trading services, making it a preferred choice for traders worldwide.

Expert Analysis

ACY Securities excels in the competitive online brokerage landscape with its extensive range of trading services and a strong focus on client satisfaction and transparency. Our thorough analysis of ACY Securities’ offerings reveals a broker committed to providing an efficient and secure trading environment.

ACY Securities operates under the regulation of several top-tier authorities, including the Australian Securities and Investments Commission (ASIC) and the Vanuatu Financial Services Commission (VFSC). This regulatory oversight ensures a high level of trust and safety for traders’ funds.

The broker offers a diverse array of trading instruments, covering forex, indices, commodities, and cryptocurrencies. This variety enables traders to diversify their portfolios and explore multiple market opportunities. ACY Securities’ trading platforms, including MetaTrader 4 (MT4) and MetaTrader 5 (MT5), are renowned for their reliability, advanced features, and ease of use.

ACY Securities also places a strong emphasis on client education, providing numerous resources such as webinars, tutorials, and market analysis. These resources are designed to enhance traders’ knowledge and skills, helping them navigate the financial markets more effectively.

The Pros and Cons

Pros

✔️ Highly regulated by ASIC
✔️ Competitive spreads and low trading fees
✔️ Advanced and user-friendly trading platforms
✔️ Comprehensive educational resources
✔️ Efficient customer support

Cons

❌ Limited range of stock CFDs
❌ No proprietary trading platform

Is ACY Securities Right for You?

ACY Securities caters to a wide range of clients, from novice traders to seasoned professionals. With low minimum deposit requirements, extensive educational materials, and competitive trading conditions, ACY Securities is ideal for new traders. Experienced traders will appreciate the advanced trading tools, tight spreads, and high execution speed offered by ACY Securities.

What Sets ACY Securities Apart?

Several factors distinguish ACY Securities from other brokers:

• Strong Regulatory Framework: ACY Securities is regulated by ASIC, ensuring high standards of safety and compliance.
• Low Cost Trading: The broker offers competitive spreads and minimal fees, making trading more cost-effective.
• Advanced Trading Platforms: With MT4 and MT5, traders have access to industry-leading platforms that support sophisticated trading strategies.
• Extensive Educational Resources: ACY Securities provides a wealth of educational materials to support traders in their journey.
• Reliable Customer Support: ACY Securities offers efficient and responsive support services, available in multiple languages.

Main Features

Trust and Safety

ACY Securities maintains a high level of trust and safety, supported by robust regulatory oversight and strong client fund protection measures. The broker adheres to strict regulatory standards, ensuring that client funds are held in segregated accounts and protected against potential insolvency.

Regulation

ACY Securities operates under several regulatory bodies, including:

• Australian Securities and Investments Commission (ASIC), license number 403863 (Tier-1 regulator)
• Vanuatu Financial Services Commission (VFSC), license number 012868 (Tier-2 regulator)

Is ACY Securities Safe to Trade With?

ACY Securities operates under stringent regulatory frameworks, providing a secure trading environment. The broker segregates client funds from operational funds and offers negative balance protection, ensuring that traders cannot lose more than their account balance.

ACY Securities operates multiple entities, each regulated by reputable financial authorities, ensuring a varying degree of account security depending on the regulatory body.

For example, clients trading with the Australian entity enjoy a high level of regulatory scrutiny under the Australian Securities and Investments Commission (ASIC), providing robust protections including a compensation scheme for broker insolvency. Similarly, clients under the Vanuatu entity are regulated by the Vanuatu Financial Services Commission (VFSC), which offers a basic level of oversight and protection mechanisms.

ACY Securities is also a member of several industry bodies that enhance its credibility and offer additional dispute resolution mechanisms.

To summarize, ACY Securities is considered moderately trustworthy and stable due to the following factors:

• Over 10 years of operating history
• Multi-asset broker
• All entities segregate client funds
• All entities offer negative balance protection
• Regulation by a top-tier authority (ASIC) and an offshore authority (VFSC)
• Membership in industry bodies and adherence to high standards of client protection

Overall, ACY Securities provides a secure trading environment with varying levels of regulatory protection based on the entity with which clients choose to trade.

Commission and Fees

ACY Securities offers a transparent and competitive commission and fee structure. The broker primarily operates on a spread-based model, where traders pay the difference between the bid and ask prices. Additionally, ACY Securities offers different account types, each with varying spreads and commissions to cater to different trading strategies and preferences.

Commission and Fees Overview

• Spread-Based Trading: Competitive spreads with no additional commission on most trades.
• Variable Spreads: Spreads may widen during high market volatility or specific conditions.
• Swap Rates: Overnight positions incur swap rates, which vary by currency pair and direction of the trade.
• Account Types: ACY Securities provides different account types, including Standard, Pro, and VIP, each with specific trading conditions and fee structures.
• Transparency: Detailed fee information is provided on the ACY Securities website, ensuring traders are well-informed.

Deposit & Withdrawal Options

ACY Securities offers a diverse range of deposit and withdrawal options to cater to its global clientele. Traders can fund their accounts and withdraw profits using various methods, including bank transfers, credit/debit cards, and electronic payment systems. These options provide flexibility and convenience, allowing traders to choose the method that best suits their preferences and location.

Bank Transfers: ACY Securities supports both local and international bank transfers, enabling traders to deposit and withdraw funds directly from their bank accounts. While bank transfers may take longer to process compared to other methods, they are a reliable option for larger transactions and international transfers.

Credit/Debit Cards: Traders can use major credit and debit cards, such as Visa and Mastercard, to fund their ACY Securities accounts instantly. This option is convenient for smaller deposits and provides quick access to trading funds.

Electronic Payment Systems: ACY Securities supports various electronic payment systems, including Skrill, Neteller, and FasaPay, among others. These e-payment options offer instant deposits and withdrawals, making them ideal for traders who prioritize speed and efficiency.

Cryptocurrency Deposits: Additionally, ACY Securities accepts cryptocurrency deposits, allowing traders to fund their accounts using popular cryptocurrencies like Bitcoin and Ethereum. This option appeals to traders who prefer the security and anonymity of blockchain transactions.

Low Fees and Fast Processing: ACY Securities aims to provide cost-effective deposit and withdrawal solutions, with minimal fees and fast processing times. However, traders should review the specific fees and processing times associated with each payment method, as they may vary depending on the chosen option and the trader’s location.

In summary, ACY Securities’ wide range of deposit and withdrawal options, coupled with its commitment to low fees and fast processing times, ensures a seamless and convenient experience for traders worldwide.

Tradable Instruments

ACY Securities offers a diverse range of tradable instruments across multiple asset classes to meet the needs of traders with varying strategies and preferences. These include:

Forex (FX) Pairs: Traders can access a wide range of major, minor, and exotic currency pairs, allowing participation in the global forex market with competitive spreads and fast execution.

Commodities: ACY Securities provides a selection of popular commodities such as gold, silver, crude oil, natural gas, and other metals and energies. This allows traders to diversify their portfolios and hedge against inflation or geopolitical risks.

Indices: Trading is available on major stock indices from around the world, including the S&P 500, NASDAQ, FTSE 100, DAX 30, and Nikkei 225. This enables speculation on the performance of global equity markets.

Shares (Stocks): Traders can access a broad range of individual stocks from leading companies listed on major stock exchanges. This allows them to trade shares of companies they are familiar with or believe have growth potential.

Cryptocurrencies: Popular cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and more are available for trading, providing exposure to the emerging asset class of digital currencies.

Bonds: ACY Securities offers trading in government and corporate bonds, allowing traders to invest in fixed-income securities and diversify their portfolios with relatively low-risk assets.

Futures: Traders can access futures contracts on various underlying assets, including commodities, indices, and currencies. This provides opportunities for speculative trading and hedging against future price movements.

Contracts for Difference (CFDs): ACY Securities also offers CFDs across all the aforementioned asset classes. This enables traders to speculate on price movements without owning the underlying assets.

Overall, ACY Securities provides a comprehensive selection of tradable instruments, catering to the diverse needs and preferences of traders across different markets and asset classes.

What are CFDs?

A Contract for Difference (CFD) is a financial derivative product that allows traders to speculate on the price movements of various underlying assets, such as stocks, indices, commodities, or currencies, without owning the underlying asset itself. When trading CFDs, traders enter into a contract with the broker to exchange the difference in the price of the asset from the time the contract is opened to when it is closed. CFDs provide traders with the opportunity to profit from both rising and falling markets, as they can take long (buy) or short (sell) positions.

What Can You Trade with ACY Securities?

Account Types

ACY Securities offers several account types tailored to different trading needs:

• Standard Account: Suitable for beginners, with no commissions and competitive spreads.
• Pro Account: Ideal for experienced traders, offering tighter spreads and a small commission per trade.
• VIP Account: Designed for high-volume traders, offering the lowest spreads and commissions.
• Islamic Account: Sharia-compliant trading with no interest or swap charges.

Registration and Account Opening

Opening an account with ACY Securities is a straightforward process:

1. Visit the ACY Securities website and click “Open Account.”
2. Complete the online registration form with personal details.
3. Verify your email address and phone number.
4. Submit required identification documents for KYC verification.
5. Fund your account using the preferred deposit method.

Restricted Countries

ACY Securities does not accept clients from several jurisdictions, including the United States, Canada, and Japan, due to regulatory restrictions.

Trading Platforms

ACY Securities offers the following trading platforms:

MetaTrader 4 (MT4): MetaTrader 4 is a widely popular trading platform known for its user-friendly interface and robust trading features. It is suitable for both beginner and advanced traders.

MetaTrader 5 (MT5): MetaTrader 5 is an upgraded version of MT4, offering additional features and improved performance. It supports trading across multiple asset classes and provides advanced tools for comprehensive market analysis.

WebTrader: ACY Securities WebTrader is a browser-based trading platform that allows traders to access their accounts and trade directly from any web browser without the need for downloads or installations.

ACY Securities Mobile App: ACY Securities offers a dedicated mobile trading app for both iOS and Android devices, providing traders with the flexibility to trade on the go.

Key Aspects of the Platform

The key aspects of the trading platforms offered by ACY Securities can be summarized as follows:

MetaTrader 4 (MT4):

• Advanced Charting Tools: MT4 offers comprehensive charting tools with multiple timeframes and a wide range of technical indicators.
• Automated Trading: Supports Expert Advisors (EAs) for automated trading strategies based on preset conditions.
• User-Friendly Interface: Known for its intuitive interface, making it accessible for traders of all levels.
• Mobile Trading: Availability of MT4 mobile apps for iOS and Android devices, enabling trading on the go.
• Customization: Allows traders to customize charts, indicators, and trading strategies according to their preferences.

MetaTrader 5 (MT5):

• Enhanced Features: Builds on MT4 with additional timeframes, more technical indicators, and advanced charting capabilities.
• Multi-Asset Support: Enables trading across various asset classes including forex, stocks, commodities, and cryptocurrencies.
• Advanced Order Types: Offers sophisticated order management tools and market depth information.
• Integrated Analysis Tools: Includes fundamental analysis, economic calendar, and financial news for comprehensive market research.
• Mobile Compatibility: Like MT4, MT5 is available on mobile platforms for seamless trading experience across devices.

WebTrader:

• Browser-Based Platform: Allows traders to access their accounts and trade directly from web browsers without software downloads.
• Real-Time Data: Provides real-time quotes, interactive charts, and one-click trading functionality.
• Accessibility: Offers flexibility with access from any internet-connected device.
• Integration: Syncs seamlessly with MT4 and MT5 accounts, ensuring consistent trading experience across platforms.

ACY Securities Mobile App:

• On-the-Go Trading: Mobile apps for iOS and Android provide full trading functionality, allowing traders to manage their accounts from anywhere.
• Real-Time Information: Access to live market data, charts, and trading history on mobile devices.
• Security Features: Supports secure login methods, including biometric authentication, for enhanced account security.
• Customization Options: Enables customization of watchlists, alerts, and trading preferences directly from the mobile app.

Key Operational Aspects:

• Platform Stability: ACY Securities platforms are known for their stability with minimal downtime, ensuring reliable trading operations.
• Security Measures: Implements strong security protocols such as SSL encryption and two-factor authentication to protect traders’ data and transactions.
• Educational Resources: Offers a range of educational materials including tutorials, articles, and webinars to support traders in improving their trading knowledge and skills.
• Customer Support: Provides responsive customer support via multiple channels including live chat, email, and phone, assisting traders with inquiries and technical issues promptly.

These key aspects highlight ACY Securities’ commitment to providing robust, user-friendly trading platforms equipped with advanced features and comprehensive support to cater to the needs of traders across different experience levels.

Research and Education

ACY Securities is dedicated to providing traders with a robust set of research and educational resources to empower them at every stage of their trading journey. The platform offers a comprehensive range of tools, analysis, and educational materials designed to enrich traders’ knowledge and enhance their decision-making abilities.

Research

Traders on ACY Securities have access to a wealth of research resources, including:

• Market Analysis: Daily and weekly market analysis reports covering major financial instruments.
• Technical Analysis: In-depth technical analysis reports providing insights into price movements and trends.
• Economic Calendar: A detailed calendar of upcoming economic events and their potential impact on the markets.
• News Feed: Real-time news updates from leading financial news sources.

Education

ACY Securities offers a robust suite of educational resources aimed at helping traders of all skill levels:

• Webinars: Regular webinars hosted by industry experts covering a variety of trading topics.
• Tutorials: Video tutorials and step-by-step guides on using the trading platforms and implementing various trading strategies.
• Ebooks: Comprehensive ebooks on forex and CFD trading, risk management, and market analysis.
• Blog: Informative blog posts discussing market trends, trading strategies, and industry news.

FAQs

Is ACY Securities regulated?
Yes, ACY Securities is regulated by the Australian Securities and Investments Commission (ASIC) and the Vanuatu Financial Services Commission (VFSC).

What trading platforms does ACY Securities offer?
ACY Securities offers MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms.

What is the minimum deposit required to open an account with ACY Securities?
The minimum deposit required is $100.

Does ACY Securities offer a demo account?
Yes, ACY Securities offers a demo account for traders to practice and familiarize themselves with the platform.

What types of accounts are available at ACY Securities?
ACY Securities offers Standard, Pro, VIP, and Islamic accounts.

Customer Support

ACY Securities prioritizes customer satisfaction by offering comprehensive support services to assist traders with their inquiries, technical issues, and account-related queries. The broker provides various communication channels to ensure that traders can access assistance in their preferred method.

Live Chat: ACY Securities offers live chat support, allowing traders to connect with customer support representatives in real-time. Accessible through the ACY Securities website and trading platforms, the live chat feature provides prompt responses to questions and concerns, facilitating efficient issue resolution.

Email Support: Traders can reach out to ACY Securities customer support via email. The broker provides dedicated email addresses for different types of inquiries, including technical support, account verification, and general inquiries. The email support team aims to respond promptly and provide detailed assistance to traders’ concerns.

Phone Support: ACY Securities offers phone support during business hours, enabling traders to communicate directly with support agents. The phone numbers for ACY Securities customer support are available on the broker’s website, allowing traders to discuss their issues or questions in detail with knowledgeable support agents.

FAQs and Knowledge Base: ACY Securities maintains an extensive FAQ section and knowledge base on its website, covering various topics related to trading, account management, and platform features. Traders can find answers to common questions and solutions to issues by browsing through the FAQs and articles, facilitating self-help and troubleshooting.

Overall Impression

ACY Securities demonstrates a commitment to providing excellent customer support services to its clients. With multiple channels of communication, including live chat, email, and phone support, traders can access assistance conveniently. The prompt and effective customer support contribute to enhancing the overall trading experience, fostering trust and confidence in ACY Securities’ services.

Conclusion

ACY Securities stands out as a reliable and competitive broker in the forex and CFD trading industry. With a strong regulatory framework, competitive trading conditions, advanced platforms, and extensive educational resources, ACY Securities is well-suited for traders of all experience levels. Whether you are a beginner looking to start your trading journey or an experienced trader seeking advanced tools and tight spreads, ACY Securities offers a robust and secure trading environment.

Information and Features

Trading Features

Further Information

Contact Information