ACY Securities Forex Broker
Basic Information
Australia
10-15 years Regulated in Australia Regulated in Australia Regulated in South Africa Market Maker (MM) Financial Service Corporate Investment Advisory License MT4 Full License MT5 Full License Suspicious Overrun High potential riskCompany profile
Rating Index
ProZero
Standard
ACY Securities Forex Broker - Complete Information Guide
1. Broker Overview
ACY Securities, officially known as ACY Securities Pty Ltd, was founded in 2011 and is headquartered in Sydney, Australia. The company operates as a private entity and is not publicly traded. ACY Securities primarily serves retail and institutional clients across various markets, including forex, commodities, indices, and cryptocurrencies.
Over the years, ACY Securities has established itself as a reputable broker in the financial industry, marked by significant milestones such as the acquisition of Synergy Financial Markets in 2018, which enhanced its service offerings and global reach. The company has also expanded its operations beyond Australia, with additional offices in Shanghai and Shenzhen, China, facilitating efficient service to clients in the region.
The broker's business model is centered around providing retail forex and CFD trading services, with a focus on cutting-edge technology and customer-centric solutions. ACY Securities is committed to delivering a seamless trading experience through its advanced trading platforms and comprehensive educational resources, making it a popular choice among traders of all levels.
2. Regulatory and Compliance Information
ACY Securities is regulated by two key authorities: the Australian Securities and Investments Commission (ASIC) and the Vanuatu Financial Services Commission (VFSC). The ASIC license number is AFSL 403863, while the VFSC license number is VFSC 012868. The regulation by ASIC, a tier-1 regulator, ensures that ACY Securities adheres to stringent standards of conduct and professionalism, providing a high level of protection for clients.
The broker maintains separate accounts for client funds at Commonwealth Bank, ensuring that clients' deposits are kept safe and are not used for the broker's operational expenses. This segregation of funds is a critical aspect of ACY Securities' commitment to client safety.
In terms of compliance, ACY Securities implements robust KYC (Know Your Customer) and AML (Anti-Money Laundering) policies, requiring all clients to verify their identity and address before opening a trading account. This ensures that the broker operates within legal frameworks and minimizes the risk of financial crime.
3. Trading Products and Services
ACY Securities offers a diverse range of trading products, providing access to over 2,200 tradable instruments. This includes:
- Forex: The broker provides access to 66 currency pairs, including major, minor, and exotic pairs, allowing traders to capitalize on global forex market movements.
- CFD Products: ACY Securities offers various CFDs on indices, commodities, stocks, and cryptocurrencies. This includes popular indices like the S&P 500 and Dow Jones, as well as commodities such as gold, silver, and crude oil.
- Cryptocurrencies: The broker provides trading on several cryptocurrency CFDs, allowing clients to speculate on the price movements of digital assets without owning them directly.
The company regularly updates its product offerings to include new instruments, ensuring that clients have access to the latest market opportunities. ACY Securities caters to both retail traders and institutional clients, providing tailored solutions to meet diverse trading needs.
4. Trading Platforms and Technology
ACY Securities supports both MetaTrader 4 (MT4) and MetaTrader 5 (MT5), two of the most widely used trading platforms in the industry. These platforms are known for their user-friendly interfaces and rich feature sets, which include advanced charting tools, technical indicators, and automated trading capabilities.
In addition to the MetaTrader platforms, ACY Securities has developed its proprietary Logix Trader platform, which offers a streamlined trading experience suitable for casual and beginner traders. The web-based platform provides essential trading tools, although it has a more limited selection of tradable instruments compared to MT4 and MT5.
The broker operates on an ECN (Electronic Communication Network) model, ensuring fast execution speeds, typically around 30 milliseconds, with no dealer intervention. This model allows for direct market access and tight spreads, enhancing the overall trading experience.
For traders interested in automated trading, ACY Securities also offers integration with Capitalise.ai, a tool that allows users to create algorithmic trading strategies without any coding knowledge.
5. Account Types and Trading Conditions
ACY Securities offers three main account types, each designed to cater to different trading strategies and experience levels:
- Standard Account:
- Minimum Deposit: $50
- Spreads: Variable, starting from 1.0 pips
- Commission: None
- Leverage: Up to 1:500
- Ideal for beginner traders looking for a straightforward trading experience.
- ProZero Account:
- Minimum Deposit: $200
- Spreads: Starting from 0.0 pips
- Commission: $3 per lot
- Leverage: Up to 1:500
- Suitable for more experienced traders seeking lower trading costs.
- Bespoke Account:
- Minimum Deposit: $10,000
- Spreads: Starting from 0.0 pips
- Commission: $2.5 per lot
- Leverage: Up to 1:500
- Tailored for high-volume traders requiring customized trading conditions.
- Bank Transfers: Local and international transfers are accepted.
- Credit/Debit Cards: Major cards are supported for instant deposits.
- E-Wallets: Options such as Skrill, Neteller, and UnionPay are available for both deposits and withdrawals.
- Live Chat
- Telephone
- Webinars: Regular sessions covering trading strategies, market analysis, and risk management.
- E-Books: Comprehensive materials on trading fundamentals and advanced techniques.
- Market Analysis: Daily reports and insights prepared by in-house analysts, helping traders make informed decisions.
All account types allow for a minimum trading volume of 0.01 lots, and the broker also offers a demo account for traders to practice their strategies without risking real funds.
6. Fund Management
ACY Securities provides a variety of deposit and withdrawal methods to facilitate smooth financial transactions. The available funding options include:
The minimum deposit requirement is $50 for the standard account, while withdrawals are processed within 1-2 business days. ACY Securities does not charge any fees for deposits, and clients can enjoy three free withdrawals per month, with a $25 fee for any additional withdrawals.
The broker's commitment to client safety is evident in its use of secure payment methods and its policy of returning funds only to the original funding source, in compliance with AML regulations.
7. Customer Support and Educational Resources
ACY Securities offers robust customer support available 24/5 through multiple channels, including:
The support team is multilingual, catering to clients from various regions. Additionally, ACY Securities provides a wealth of educational resources, including:
These resources are designed to enhance traders' skills and knowledge, making ACY Securities a suitable choice for both beginners and experienced traders.
8. Regional Coverage and Restrictions
ACY Securities primarily serves clients from Australia and various international markets. However, it does not accept clients from certain countries, including the United States, Iran, North Korea, and Libya. Traders from regions such as Hong Kong, Macau, and Taiwan can be onboarded through the broker's subsidiary based in Vanuatu.
The company's commitment to compliance with local laws ensures that it operates responsibly and ethically, providing a secure trading environment for its clients.
In conclusion, ACY Securities is a well-established broker that offers a comprehensive trading experience with competitive conditions, a wide range of instruments, and strong regulatory backing. With its focus on technology and customer service, ACY Securities continues to be a preferred choice for traders seeking reliability and performance in their trading endeavors.
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Latest Reviews
Mohamed Ashrf
Egypt
I started trading from five years ago and have dealt with several brokers, but I've never found any broker as reliable and transparent as I have with ACY Securities. They never took more than a day to review my withdrawal request, which is their right, and they inform me of this when I withdraw. They also don't delay in executing trades, as most forex brokers do. They truly are a great broker.
Positive
06-02
Long Vũ Long
Vietnam
As a trader specializing in technical analysis, I particularly focus on the spread factor. Because if the spread widens too much, orders can be stopped out even though the market has not actually hit the stop-loss level. In a recent trade on ACY, I entered 2 SELL orders with stop-loss set quite close. When the market sharply moved in the opposite direction, the price approached the stop-loss level very closely. I thought the orders would be stopped out, but surprisingly ACY maintained a very stable spread, without any unusual widening, and both of my orders were kept intact, not hitting the stop-loss. Thanks to that, I not only avoided an unwarranted loss, but also had the opportunity to re-enter the market at the right reversal point.
Positive
05-14
John993
Egypt
After working for 7 years in the field, <strong>Acy</strong> is the best real broker with fast execution speed, even their customer service doesn't delay in solving any issues that may arise... And the best thing is the Arabic Forex group, they are really knowledgeable and know their work well 😎
Positive
06-27