ACY Securities Review And Rating

You can download the MetaTrader app for Android (APK) and Apple (iOS) devices. The MetaTrader platform is widely used due to its comprehensive range of features and built-in tools, as well as its customisable and user-friendly layout. ACY Securities (ACY.com) is a forex and CFD broker founded in Australia in 2013.

ACY Securities does not impose inactivity fees, which means that accounts can be dormant for a period of more than 6 months without incurring extra charges. The broker also refrains from charging any other non-trading fees. As an Australia-based broker, ACY Securities provides access to multiple stocks and ETFs from the Australian exchange ASX. The broker also offers a number of third-party tools, including Capitalize.ai, SoFinX, and Signal Start, and it provides VPS hosting for faster execution.

The educational material on ACY comes in books and downloadable videos I use when offline. We provide a diverse range of globally accepted payment methods to cater to your preferences. Whether you prefer bank transfers, credit/debit cards, or electronic payment systems, we have a solution for you. Money Theory is a monthly business magazine that features original articles on finance and investing topics.

Market research

Incorporated in 2011, ACY Securities boasts a track record exceeding 12 years in the financial markets. The firm operates both an ASIC-regulated entity based in Australia and an unregulated arm registered in St. Vincent and the Grenadines. Upholding rigorous financial safeguards, ACY Securities ensures clients’ funds are held in segregated accounts and further enhances trader security by offering negative balance protection. ACY Securities presents a mixed bag when it comes to safety, largely due to its dual-entity operation.

Negative balance protection safeguards clients from losing more money than they have in their accounts. ACY Securities is a respected, regulated broker with a solid reputation. Having quickly gained recognition in Australia and winning several awards, the company has grown to provide a high standard of service to clients around the world. ACY Securities offers an impressive range of assets, with over 1,600 tradable products available, alongside decent educational material and ECN market access.

ACY Securities Full Review

MetaTrader is popular among brokers because of its extensive range of technical analysis fxcm review tools and support of algorithmic trading. Many traders are already familiar with either MetaTrader 4 or 5, so they don’t have to spend time learning the features of the platform. For this review, I tested the ACY Securities Standard Account, where the broker charges spreads and swap/rollover fees and does not charge commissions for all assets, except for share CFDs.. While ACY Capital Australia LLC entity registered in St. Vincent and the Grenadines is not regulated, it also provides the clients with negative balance protection and segregated accounts. However, if you’re considering this entity, be aware of the increased risks due to the lack of regulation. ACY Securities provides a variety of payment methods to cater to its international customer base.

The firm is doubly regulated, offering global access to over 2,200 assets on two of the most popular day trading platforms, MT4 and MT5. Read our full 2024 review today to discover ACY Securities’ fees, assets, licensing, security and more. At ForexBrokers.com, our reviews of online forex brokers and their products and services are based on our collected data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here). ACY Securities caters to a wide variety of traders by offering both low-deposit and commission-based account options.

1. For ASX stocks, ACY Securities charges a commission fee of 0.08%.
2. My tests indicated that ACY Securities spreads for the Standard Account were mostly lower than the industry average.
3. In my case, the account opening process took less than five minutes.
4. Segregated accounts are a regulatory requirement and records are regularly maintained and audited to ensure full compliance.
5. Spreads are variable with this account but a typical major currency pair like EUR/USD starts from 1 pip.

However, clients outside of Australia may find the charges on international withdrawals a downside. Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process). We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables. ACY Securities accounts have variable spreads that range from 0.0 to 3 pips, depending on the asset, account type and market conditions. Deposits are free, though third-party charges may be incurred for international transfers. Australian clients can make three free withdrawals per month, after which each transaction is charged USD 25, which is the standard rate for all international withdrawals.

Is ACY Securities safe?

ACY Securities has a minimum deposit of $50 and attractive spreads at its Standard Account. In addition, the broker provides solid educational support, which is important for beginners. Advanced traders will benefit from a strong research offering, tight spreads at commissions-based accounts, and a VPS service.

Is ACY Securities suitable for hedging?

ACY can conduct online courses tailored to your experience level. Whether you are a foreign exchange novice or already have some experience, we firmly believe that in order to survive in the foreign exchange market you need solid foundations. We provide traders with the latest market news, diversified analysis reports and the professional fundamentals and technical analyses.

For ASX stocks, ACY Securities charges a commission fee of 0.08%. My tests indicated that ACY Securities offers low spreads for GBP/JPY, Gold, WTI Oil, Apple, Tesla, Dow Jones, and Bitcoin. In this section, we will delve into the regulatory frameworks governing broker’s various entities and what that means for you as a trader.

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ACY Securities provides access to the ForexVPS solution, which has servers located in data centers in New York, Hong Kong, London, and other key cities of the financial world. A Virtual Private Server (VPS) is a cloud-based service that operates with its own distinct operating system. It allows users to tap into the system’s resources as though they were integrated into the native hardware infrastructure. The broker credits up to $35 of the monthly fee charged by ForexVPS for clients who trade over 20 lots in a calendar month. ACY Securities incorporates aafx trading review MetaTrader 4 and MetaTrader 5 platforms.