ACY Securities is an Australian Online broker that offers tight spreads, low trading fees, and good execution speeds to their global clientele. They are an ECN broker that provides over 60 assets for trading on the MetaTrader 4 platform.
Founded in 2013 in Melbourne, ACY Securities is currently headquartered in Sydney but has offices in China. In 2018, the broker acquired Synergy Financial Markets (Synergy FX), a leading Australian forex dealer which already has millions of clients globally — this has helped to increase the broker’s global clientele.
The broker has won several brokerage industry awards, the most recent being the Best Forex Broker in 2018 at the International Business Summit in Malaysia.
ACY Securities Review Introduction
In this ACY Securities review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including ACY Securities.
ACY Securities Platforms & Tools
The broker provides clients with the MetaTrader 4 (MT4) trading platform. MT4 is widely known for its excellent features and the advanced tools that come with it. It supports multiple charting, analysis, and trading tools extension via plugin apps.
The MetaTrader 4 platform is available as WebTrader, which runs directly on most modern web browsers; desktop applications for Windows and Mac computers; and mobile apps for Android and iOS devices, which can be downloaded from the relevant app stores.
ACY Securities also provides traders with a few standalone trading tools, such as Economic Calendar and MAMM/PAMM Accounts that are designed for money managers who trade on behalf of other clients (investors).
ACY Securities Research & Education
ACY Securities provides its registered clients with free educational materials, such as ebooks, trading courses, and market blogs. They are designed to introduce and educate beginner traders on forex trading basics, terms, risk management, and more.
ACY Securities Trading Accounts
The broker offers clients the following account types:
- STP ECN It requires a minimum deposit of $100, while the EURUSD spread starts from 0.1 pip. No commissions are charged on trades.
- Zero ECN: The least deposit required to operate this account type is $2000, whereas the EURUSD spread is from 0 pips. A commission of $6 per lot is charged per round turn on forex trading.
- Pure ECN: This account type is reserved for professionals. It has a minimum initial deposit of $20,000, and the EURUSD spread starts from 0 pips. A commission of $5 is charged on trades.
For every account type, leverage of 1:50, 1:100, 1:200, or 1:500 can be chosen by the client. The minimum trading volume is 0.01 lots. Swap-free, Islamic-friendly accounts are available from the STP ECN accounts. Demo accounts are freely available with $100,000 virtual trading capital for practice purposes.
ACY Securities Account Funding
The broker offers clients the following payment methods for account funding and withdrawal options. They include bank wire transfer, credit/debit cards, and electronic payment systems, such as Skrill, Doku wallets, and China UnionPay. The transaction fees and processing time vary with the payment method used. Please note that the broker does not accept cash and third party deposits.
ACY Securities Customer Service
ACY Securities has a multilingual customer support team that is available 24/5, from Mondays to Fridays. They can be reached via instant web chat, telephone, email, and the ‘contact form’ on the website. The broker is also on Facebook, Twitter, and YouTube.
ACY Securities Regulation
ACY Securities is authorized and regulated by the Australian Securities and Investment Commission (ASIC), with license number AFSL: 403863. The broker is also regulated by the Vanuatu Financial Services Commission (VFSC), with license number: 012868.
ACY Securities Review Summary
ACY Securities is an award-winning and regulated broker that offers the ECN trading model via the MT4 trading platform. They provide competitive trading conditions, multiple trading instruments, and educational resources.
It is worth mentioning that some of the trading products and services in this ACY Securities review may differ or not be available to traders in some countries due to regulations. As brokers terms can change over time, please verify all information is up to date directly from the ACY Securities broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.