ACY Securities Review 2020 – Read Before You Start Trading!

| Publish date: 02/25/2020 (Last updated: February 26, 2020 07:01 AM)
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This is a Trusted and Regulated Broker!

ACY Securities Review 2020
9.4/10
ASIC
$100
Minimum Deposit

ACY Securities is a trusted Forex, Cryptocurrencies, ECN and CFD broker that is regulated by the Australian Securities and Investments Commission (ASIC), offering 63 tradable, among these asset classes are Cryptocurrencies, Forex, Indices, Commodities and offers access to MetaTrader 4 for Desktop or mobile.

The company was created as a combined effort of financial professionals and experts in web-commerce with the goal of perfecting the online experience for retail traders.

ACY Key Information
Broker site : https://www.acysecurities.com/en-int/

Established Date: 2011
License:
Regulated by Australian Securities and Investments Commission (ASIC)
Languages supported: English, Vietnamese, Bahasa Indonesia, Chinese (Mandarin)
Deposit Methods: China UnionPay, Local Transfer, Credit Card, PayPal, Skrill, Neteller
Assets: 63 Tradeable Assets with Forex, Commodities, Precious Metals, Indices, Cryptocurrencies, Chinese Offshore Yuan
Minimum Deposit: $100
Table of Contents

    Trading Accounts and Conditions

    ACY Securities offers its clients 3 different types of accounts for trading:

    • stpECN: Traders are required to make a minimum deposit of $100 to using this account. They are offered a leverage of 1:500 and have spreads that start from 1 pip onwards.
    • zeroECN: Traders are required to make an initial deposit of $2,000 for this account. They get a leverage of 1:500 and are offered spreads of 0 pips, plus $6 per lot (RT).
    • pureECN: For this account, traders are required to make a first deposit of $20,000 and get a leverage of 1:500. The spreads for this account type start at 0 pips, and traders are offered $5 per lot (RT).

    They’ve recently celebrated their 8 year anniversary:

    ACY Securities - Regulated broker
    Trade with an award-winning broker

    The company was created as a combined effort of financial professionals and experts in web-commerce with the goal of perfecting the online experience for retail traders.

    ACY Securities – Advantages

    Trading with ACY Securities has a lot of advantages. Here’s the list:

    • Regulated by ASIC

    ACY Securities is a Forex broker that is based in Sydney, Australia. The brokerage was founded in 2011, and is regulated by the ASIC (Australian Securities and Investments Commission). This broker also has a membership with the AFCA (Australian Financial Complaints Authority).

    The reason why this is a plus for the broker is because the ASIC has stringent regulations where brokerages are required to meet very high standards of operation, including training staff, accounting practices, risk management and the carrying out of regular audits.

    The ASIC also ensures that all brokers strictly segregate clients’ funds from their own so that traders’ money cannot be misappropriated in any way.

    ACY Securities’ membership with the AFCA means that if any customer of its wishes to complain about the services it provides, then this body can oversee the dispute and issue a fair judgement.

    • Good Trading Conditions

    The ASIC is the last of the major regulators that has not yet put a limit on the amount of leverage that a broker can offer its clients. Thus, ACY Securities is able to offer a maximum leverage of 1:500, which means that even the most risk-friendly traders can enjoy trading on their platform.

    Additionally, the spreads offered by this broker are also competitive – for all its account types.

    The minimum deposit requirement is also excellent, with users being able to start trading with just a $100 minimum deposit.

    • MT4 Trading Platform Offered

    The MT4 trading platform is the best as well as the most popular in the Forex world today. More than 80% of all Forex traders in the world use this software to execute trades.

    The reason for this is that this platform has numerous features that help with trading such as automated and customizable trading bots, and charting options and market indicators that can also be tweaked to your requirements.

    So, this is another advantage to trading with ACY Securities – you get to use the world’s best trading platform on your desktop, mobile device and on any other web-based device.

    • Wide Range of Tradeable Assets

    ACY Securities offers its clients 63 different types of tradeable assets to trade. This broker has Forex ECN (Electronic Communications Networks), which means that you can directly connect with other participants in the forex market.

    The liquidity for these trades is provided by 16 different banks globally, and their pricing comes from ACY Securities’ trading services (Equinix) in New York, USA.

    Besides forex trading, this broker also offers its clients numerous CFDs on Commodities, Cryptocurrencies as well as multiple indices.

    • Educational and Research Services Offered

    The great part about trading with ACY Securities is that this broker also offers its clients a library of educational and research services. For example, you can log into live webinars once a week to get a better understanding of the forex world.

    • Account Types

    The types of accounts offered by this broker are also great. You can choose to trade on a Forex ECN account. You also get the option of using one of their commission-free trading accounts, if you so desire.

    • Multi-Lingual Customer Support

    This broker is also very customer centric. Since ACY Securities deals with customers from across the world, its help desk is multi-lingual.

    ACY Securities - Regulated broker
    Trade with an award-winning broker

    The company was created as a combined effort of financial professionals and experts in web-commerce with the goal of perfecting the online experience for retail traders.

    ACY Securities – Disadvantages

    No broker is perfect. So, here are the disadvantages of trading with ACY Securities:

    • No CFDs on Stocks

    Despite the fact that this broker offers quite a range of trading instruments, it does not (yet) have CFDs on stocks in its portfolio yet. Traders who prefer to trade on ETFs or stocks will be disappointed with this broker’s offerings.

    On the bright side, ACY Securities has stated that it will be launching this trading instrument once it launches the MT5 trading platform in the near future.

    The MT5 trading platform has all the features that the current MT4 platform has, and also allows traders to execute stocks trades in multiple markets from a single account.

    • High Initial Deposit for Low Spread Accounts

    While the minimum deposit requirement for ACY Securities’ basic account is only $100, you need to put in a much higher sum for the accounts that offer the lowest spreads.

    ACY Securities
    $100
    Minimum Deposit

    The company was created as a combined effort of financial professionals and experts in web-commerce with the goal of perfecting the online experience for retail traders.

    ACY Securities Review

    9.4

    User Experience

    9.4/10

    Payment Options

    9.1/10

    Security

    9.3/10

    Support

    9.7/10

    Reputation

    9.3/10

    Pros

    • Regulated by ASIC
    • Good Trading Conditions
    • Educational and Research Services Offered
    • Multi-Lingual Customer Support
    • Wide Range of Tradeable Assets

    Cons

    • No CFDs on Stocks (until MT5 integration)
    • High Initial Deposit for Low Spread Accounts

    Looking for somewhere else to trade?

    eToro
    $200
    Minimum Deposit

    eToro is a multi-asset platform which offers CFD and non CFD products. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

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