ACY Securities Review 2024
Written by BrokerNotes.co
Fact-checked by Steven Hatzakis, Joey Shadeck
Edited by Jeff Anberg
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
ACY Securities is a robust choice for traders interested in both forex and CFDs, delivering comprehensive offerings and reliable service. Our research led us to appreciate its well-rounded approach to trading technology.
Overall Rating
Minimum Deposit
Trust Score
Pros and Cons
Pros
- Wide Forex Variety: ACY Securities provides a respectable array of 66 forex pairs, accommodating traders looking for diverse trading options.
- MetaTrader Platforms: ACY Securities offers both MetaTrader 4 and MetaTrader 5, popular for their well-regarded tools and user-friendly interfaces.
Cons
- Limited eWallet Options: Unlike many competitors, ACY Securities does not support Neteller or PayPal, potentially limiting some users' preferred funding options.
- No Proprietary Platform: It lacks a proprietary trading platform, which could be a downside for traders seeking a customized trading experience.
- Moderate Trust Score: With a trust score of 75, it rates as fairly reliable, though not at the top of the industry rankings.
Ratings Summary
- Investment Types - 8.0/10
- Commissions & Fees - 8.5/10
- Trading platforms - 7.5/10
- Research - 6.5/10
- Mobile Apps - 7.5/10
- Education - 6.5/10
- Overall - 7.4/10
Can I trust ACY Securities?
ACY Securities is an ASIC-authorised broker but is not publicly traded and lacks broad international regulation. According to ForexBrokers.com, ACY Securities holds a moderate trust score of 75 making it a reasonably secure broker.
ACY Securities is currently licensed and/or authorised by the following regulatory bodies:
- Tier-1 Regulators - Australian Securities & Investment Commission (ASIC)
- Tier-2 Regulators - None
- Tier-3 Regulators - None
- Tier-4 Regulators - Vanuatu Financial Services Commission (VFSC)
Is ACY Securities good for beginners?
ACY Securities supports beginner traders with educational content and user-friendly platforms, though it's more basic in its offerings compared to industry leaders.
| Feature |
ACY Securities
|
|---|---|
| Education (Forex or CFDs) | Yes |
| Client Webinars | Yes |
| Videos - Beginner Trading Videos | Yes |
| Videos - Advanced Trading Videos | No |
| Investor Dictionary (Glossary) | No |
ACY Securities commissions and fees summary
ACY Securities offers competitive fees with no inactivity charges, reasonable spread costs (1.2 for EUR/USD), and requires only a low minimum deposit. This makes it an attractive option for cost-conscious traders.
| Feature |
ACY Securities
|
|---|---|
| Minimum Deposit | $50 |
| Average Spread EUR/USD - Mini | 1.2 |
| Average Spread EUR/USD - Standard | 1.2 |
| All-in Cost EUR/USD - Active | 0.85 |
| Active Trader or VIP Discounts | Yes |
ACY Securities trading platforms and tools
Did you know? Trading platforms comparison
Of the 60+ brokers reviewed on BrokersNotes, 64% offer a proprietary platform, 100% offer a web platform, 91% offer a desktop platform, 11% offer cTrader, 14% offer Zulutrade, 81% offer MetaTrader 4, and 64% offer MetaTrader 5.
ACY Securities provides a versatile selection of trading platforms and tools, highly recommended for traders exploring comprehensive trading solutions. Its MetaTrader offerings enhance the trading experience significantly.
Trading platforms offered: Both MetaTrader 4 and MetaTrader 5 are available, catering to a variety of trading preferences.
Trading tools: Along with MT4 and MT5, offers multiple plug-ins to users but no other standout features beyond the basic MetaTrader suite.
Copy trading: Copy trading is available, providing an option for traders to mimic the trades of experienced peers.
| Feature |
ACY Securities
|
|---|---|
| Virtual Trading (Demo) | Yes |
| Proprietary Platform | No |
| Desktop Platform (Windows) | Yes |
| Web Platform | Yes |
| MetaTrader 4 (MT4) | Yes |
| MetaTrader 5 (MT5) | Yes |
| DupliTrade | No |
ACY Securities trading platform screenshots
Mobile trading apps at ACY Securities
ACY Securities offers competent mobile trading apps, rated as above average, which are suitable for traders who prefer to manage their investments on the go.
| Feature |
ACY Securities
|
|---|---|
| Android App | Yes |
| Apple iOS App | Yes |
| Mobile Economic Calendar | No |
| Mobile Alerts - Basic Fields | Yes |
| Mobile Charting - Draw Trendlines | Yes |
| Mobile Watchlist | Yes |
ACY Securities mobile app screenshots
How do I open an account with ACY Securities?
- Visit the ACY Securities website.
- Click on the 'Open an Account' button.
- Fill in the required personal information.
- Verify your identity and address.
- Fund your account and start trading.
What can I trade at ACY Securities?
ACY Securities offers a broad range of tradeable instruments, including 66 forex pairs and over 2,200 other tradeable symbols, making it highly recommended for investors looking for diversity in their trading portfolios.
| Feature |
ACY Securities
|
|---|---|
| Tradeable Symbols (Total) | 2200 |
| Forex Pairs (Total) | 66 |
| Social Trading / Copy Trading | Yes |
| Cryptocurrency (Physical) | No |
| Cryptocurrency (Derivative) | Yes |
| Spread Betting | No |
ACY Securities research screenshots
Account funding at ACY Securities
ACY Securities supports various funding options including bank wires and credit cards, although it lacks eWallet options like Neteller and PayPal.
| Feature |
ACY Securities
|
|---|---|
| Visa/Mastercard (Credit/Debit) | Yes |
| Bank Wire (Deposit/Withdraw) | Yes |
| PayPal (Deposit/Withdraw) | No |
| Skrill (Deposit/Withdraw) | Yes |
| Neteller (Deposit/Withdraw) | No |
About ACY Securities
ACY Securities was founded in 2011 and is headquartered in Australia. It is not publicly traded but is authorized by ASIC.
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Methodology
At BrokerNotes.co, our data-driven online broker reviews are based on our extensive testing of brokers, platforms, products, technologies, and third-party trading tools. Our product testing extends to the quality and availability of educational content, market research resources, and the accessibility and capabilities of mobile platforms and trading apps. We also dive into each broker’s trading costs, such as VIP rebates, inactivity fees, custody fees, bid/ask spreads, and other fee-based data points.
Steven Hatzakis, an industry veteran with decades of experience in the forex market, leads the BrokerNotes research team. All BrokerNotes content is researched, fact-checked, and edited by the research team.
All websites and web-based platforms are tested using the latest version of the Google Chrome browser. Our Desktop PCs run Windows 11, and we use MacBook Pro laptops running the latest version of macOS to test trading on the go. We test mobile apps and products using iPhones running iOS 17 and Samsung devices running Android OS 14.
Note: The online brokers on our site provide the ability to trade forex in one or more ways, such as non-deliverable spot forex (i.e., rolling spot contracts), contracts for difference (CFD), or other derivatives such as futures. The availability of specific markets or features will depend on your country of residence and the broker's applicable brand or entity that services your account(s).
AI disclaimer
We use proprietary AI technology to assist in some aspects of our content production. However, our scores, ratings, and rankings of online brokers are based on our in-depth product testing and thousands of hand-collected data points. Learn more about our AI Policy and How We Test.
Forex Risk Disclaimer
There is a very high degree of risk involved in trading securities. With respect to margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or related instrument. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Learn more about foreign exchange risk.
About the Editorial Team
BrokerNotes.co provides unbiased forex broker reviews and ratings to help traders and investors find the best broker for their needs. All content is researched, fact-checked, and edited by our research team and all ratings and rankings are based on the team’s in-depth product testing.
Steven Hatzakis is the Global Director of Research for BrokerNotes.co and ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA).
Joey Shadeck is the Content Strategist and Research Analyst for BrokerNotes.co and ForexBrokers.com. He holds dual degrees in Finance and Marketing from Oakland University, and has been an active trader and investor for close to ten years. An industry veteran, Joey obtains and verifies data, conducts research, and analyzes and validates our content.
Jeff Anberg is a Staff Editor at BrokerNotes.co and ForexBrokers.com. Along with years of experience in media distribution at a global newsroom, Jeff has a versatile knowledge base encompassing the technology and financial markets. He is a long-time active investor and engages in research on emerging markets like cryptocurrency. Jeff holds a Bachelor’s Degree in English Literature with a minor in Philosophy from San Francisco State University.