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RISK WARNING: Foreign exchange and derivatives trading carry a high level of risk. Before you decide to trade foreign exchange, we encourage you to consider your investment objectives, your risk tolerance and trading experience. It is possible to lose more than your initial investment, so do not invest money you cannot afford to lose. ACY Securities Pty Ltd ( AFSL: 403863) and ACY Capital Australia Limited (VFSC: 012868) provides general advice that does not consider your objectives, financial situation or needs. The content of this website must not be construed as personal advice; please seek advice from an independent financial or tax advisor if you have any questions. The FSG and PDS are available upon request or registration. If there is any advice on this site, it is general advice only.

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ACY Securities Review 2021

Updated: By
FX Empire sticks to a strict review standards.Learn how we make money and our review methodology.
ACY Securities Main Features
☑️
Regulations
ASIC (Australia), VFSC (Vanuatu)
️🗺
Supported Languages
English, Arabic, Hindi, Chinese, Vietnamese, Indonesian, Punjabi, Hebrew
💰
Products
Currencies, Commodities, CFDs, Indices, ETFs, Stocks, Crypto
️💵
Min Deposit
$50
💹
Max Leverage
1:30 (ASIC), 1:1000 (VFSC)
🖥
Trading Desk Type
ECN, Market Maker, STP
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RISK WARNING: Foreign exchange and derivatives trading carry a high level of risk. Before you decide to trade foreign exchange, we encourage you to consider your investment objectives, your risk tolerance and trading experience. It is possible to lose more than your initial investment, so do not invest money you cannot afford to lose. ACY Securities Pty Ltd ( AFSL: 403863) and ACY Capital Australia Limited (VFSC: 012868) provides general advice that does not consider your objectives, financial situation or needs. The content of this website must not be construed as personal advice; please seek advice from an independent financial or tax advisor if you have any questions. The FSG and PDS are available upon request or registration. If there is any advice on this site, it is general advice only.

ACY Securities Full Review

“ACY Securities is an Australian-regulated Forex ECN CFD broker regulated offering to trade on more than 700+ instruments across Forex, Metals, Indices, Commodities and Share CFDs from the NYSE, NASDAQ and ASX, on the MetaTrader 4 and 5 trading platforms for desktop, web and mobile.”

ACY Securities was founded in 2011 and is headquartered in Sydney, Australia. The broker is regulated by the Australian Securities and Investments Commission and holds an Australian Financial Services Licence. Client funds are held in segregated accounts with Tier 1 banks including the Commonwealth Bank and HSBC.

The broker offers to trade on more than 700+ financial CFD instruments and includes Forex ECN – with liquidity coming from 16 global banks and pricing from the broker’s dedicated Equinix trading servers in New York, as well as CFDs on Indices, Metals, Commodities and Shares from the NYSE, NASDAQ and ASX.

Users can trade from the globally-recognised MetaTrader 4 and MetaTrader 5 trading platforms for desktop, web and mobile, from 4 main types of trading accounts called stpECN, zeroECN, MT5 Xchange and a fourth VIP pureECN account. These all offer a blend of commission-free and commission-based trading and Islamic swap-free options.

Both beginner and advanced traders will also enjoy access to a wide variety of educational and research services such as live webinars and news articles, as well as customer support 24 hours a day, 5 days a week. The broker also runs the Trading Cup contest which has a total prize pool of $150,000 and they also have a dedicated Partners website.

Pros: Cons:
  • ASIC regulated with segregated client funds.
  • Forex ECN accounts available.
  • Commission-free trading accounts available.
  • 24/5 customer support.
  • Can trade on MT4 and MT5.
  • Not available for USA residents.

 

About the Author

Jitan Solanki
Author
Jitan is a currency trader and an accredited Market Technician with more than 15 years of experience working with fund managers and on several proprietary trading floors. He is regularly quoted in the financial media for his currency market insights and forecasts and is based in London.
Read More

Review sections


ACY Securities Video Review

Investor Protection & Regulations

“ACY Securities is regulated by the Australian Securities and Investments Commission (ASIC), holds an Australian Financial Services Licence and is a member of the Australian Financial Complaints Authority. Client funds are segregated and held with Australia’s Commonwealth Bank and HSBC.”

ACY Securities is authorised and regulated by the Australian Securities and Investments Commission (ASIC) and holds an Australian Financial Services License, as confirmed on the ASIC professional register below:

As such, the broker’s offers strong investor protections and includes:

  • Holding client funds in segregated bank accounts with Tier 1 banks including Australia’s Commonwealth Bank and HSBC internationally.
  • Being members of the Australian Financial Complaints Authority which is an approved Australian dispute resolution scheme.
  • Partnering with Aon to provide Professional Indemnity Insurance to clients as part of their requirements under ASIC regulations.

Tradable Products

“ACY Securities offers clients the ability to trade on more than 700+ financial CFD instruments covering Forex ECN, Metals, Indices, Commodities and Share CFDs from the NYSE, NASDAQ and ASX.”

ACY Securities offers clients the ability to trade on 700+ financial CFD instruments. These include 60+ Forex ECN pairs, 20 Indices, 8 Precious Metals and 3 Energy markets and over 600+ shares across the New York Stock Exchange (NYSE), Nasdaq Stock Exchange (NASDAQ) and Australia Stock Exchange (ASX).

Below is a list of just some of the available markets for trading:

Forex Indices Shares
EUR/USD SP500 Amazon
AUD/HKD GER30 Disney
NZD/JPY JP225 BHP
USD/CNH CHINAH Rio Tinto
GBP/CHF AUS200 Commodities
CAD/SGD SG30 XAG/USD
EUR/TRY INDIA50 XAU/AUD
USD/NOK NETH25 WTI
USD/JPY TWUSD NATGASUSD

* Details regarding the available assets are taken from the ACY Securities website and are correct at the time of this review.

Trading costs such as spreads, commissions and overnight funding (swap) rates vary depending on the instrument being traded and the account type but are covered in more detail further in this review.

Account Opening

“ACY Securities offers 4 types of trading accounts called stpECN, zeroECN, MT5 Xchange and a fourth VIP pureECN account, as well as Islamic swap-free accounts and a free demo trading account.”

ACY Securities offers both beginner and advanced traders a good blend of different types of trading accounts. Some of the features are highlighted below:

stpECN zeroECN MT5 Xchange VIP pureECN
Minimum deposit $50 $2,000 $50 $20,000
CFDs available Forex, Metals, Energies, Indices Forex, Metals, Energies, Indices Forex, Metals, Energies, Indices, Shares (NYSE, NASDAQ, ASX) Forex, Metals, Energies, Indices
Swap Free Yes No No No
Base Currency USD, AUD, EUR, GBP, NZD, CAD, JPY
Max. Leverage 1:500

Users can manage their trading accounts from the ACY Cloud and opening a live account is a simple process. After clicking the ‘Register’ button on the homepage, the application form consists of 6 steps which includes: Personal Details, About You, Investment, Experience, Terms and Conditions and ID Confirmation. It is standard among regulated brokers to provide proof of address and proof of identity documents.

Deposit & Withdrawals options

“ACY Securities offers a variety of ways to deposit and withdraw funds using Bank Wire Transfer, Credit/Debit Card, Neteller, Skrill, UnionPay, FasaPay and others.”

While there is no specific section regarding deposit and withdrawal fees, the FAQ section and the broker’s Product Disclosure Guide states they do not charge fees for receiving funds via bank transfer, apart from their receiving bank charges and that they will charge AUD 25 for each international payment regardless of transaction size.

Deposits via credit/debit card in AUD may be subject to a 1.5% handling fee and all other currencies may be subject to a 2.5% handling fee. The use of Payment Service Providers may also attract transaction and conversion fees but no details are given.

Withdrawals can only be made through submitting a withdrawal request form in the client portal (Cloud Hub) area. According to the broker’s websites withdrawals are processed within 1-2 business days. There are also withdrawal charges including:

  • Free withdrawals to Australia local banks up to three times per month, otherwise charged at $25 per additional withdrawal.
  • $25 service charge per withdrawal for international transfers (where the receiving bank is outside of Australia).
  • 3% merchant fee per withdrawal when using Skrill.

Web & Desktop Trading Platforms

“ACY Securities offers traders the ability to trade on globally-recognised MetaTrader 4 and MetaTrader 5 for Desktop and Web.”

ACY Securities MetaTrader 4

  • Available for desktop download or via web browser
  • View 9 different timeframes
  • Use 40 different technical trading indicators
  • Access algorithmic trading and EAs
  • Trade on multiple asset classes like Forex ECN and CFDs
  • Use the one-click trading option

ACY Securities MetaTrader 5

  • True multi-asset class platform for CFDs on Forex, Metals, Energies, Indices and Shares
  • Faster execution speeds
  • Advanced order types and functionality
  • Access algorithmic trading and EAs
  • Level II pricing information
  • View 21 different timeframes
  • Trade from the ACY Securities MT5 Xchange account

A screenshot of the broker’s trading platform can be found below and is covered in more detail in the video review.

Mobile Trading Platforms

“ACY Securities offers the MetaTrader 4 and MetaTrader 5 mobile trading apps directly from the Google Playstore or Apple’s App Store to trade on Android and iOS operating systems.”

With ACY Securities traders are offered the ability to trade on the MetaTrader 4 and MetaTrader 5 mobile trading apps. This can be downloaded from the Google Playstore or Apple’s App Store, allowing traders to trade from Android and iOS operating systems (mobile and tablet).

The ACY Securities MetaTrader 4 and MetaTrader 5 mobile trading apps offers traders the ability to:

  • Access multiple asset classes
  • View real-time prices on the move
  • Trade directly from the app
  • Access technical analysis tools and charts
  • Manage your account on the go

The broker’s mobile trading app is covered in more detail in the video review.

Trading Features

“ACY Securities does not offer any additional trading features beyond the features of MetaTrader 4 and MetaTrader 5 but users can still benefit from access to the MetaTrader Marketplace.”

ACY Securities does not offer any additional trading features beyond the MetaTrader platform. However, within the platform users can access the MetaTrader Marketplace which provides:

  • Copy-trading signal services
  • Access to custom-made indicators
  • Access to algorithmic trading EAs

Commissions & Spreads

“Trading costs with ACY Securities vary depending on the market being traded and the type of account opened but are a mixture of commission, spreads and overnight swaps.”

Trading costs with ACY Securities vary depending on the market being traded as well as the type of account opened, as detailed below:

stpECN zeroECN MT5 Xchange VIP pureECN
CFDs available Forex, Metals, Energies, Indices Forex, Metals, Energies, Indices Forex, Metals, Energies, Indices, Shares (NYSE, NASDAQ, ASX) Forex, Metals, Energies, Indices
Spread AUDUSD 1.3 pips 0 1.3 pips 0
Spread GBPUSD 1.6 pips 0 1.6 pips 0
Spread XAUUSD $0.2 $0.06 $0.2 $0.05
Commission Forex (round turn) $0 $6 $0 $5
Commission Metals (round turn) $0 $6 $0 $5
Commission Indices (round turn) $0 $0 $0 $0
Commission Shares n/a n/a

NYSE/NASDAQ $0.02 per share,

ASX = 0.08%

n/a

Swap values for overnight positions can be found directly in the MetaTrader trading platforms under Specification.

Bonus & Promotions

“ACY Securities offers trading contests such as the Trading Cup which offers up to $150,000 prize money.”

While there is no clear and obvious section on the broker’s website regarding bonus and promotions they do have some campaigns running which could be subject to change. This includes the Trading Cup contest which offers up to $150,000 prize money, a premium monthly draw called Spin & Win to win a premium prize and a two-tier deposit bonus. This bonus includes a 60% deposit bonus for deposits up to $250 and a 15% deposit bonus for deposits between $1,000 to $20,000. 

Customer Support

“ACY Securities offer 24 hours a day, 5 days a week customer support via Live Chat, Phone, Email and an Online Contact Form, across multiple languages.”

ACY Securities offers 24 hours a day, 5 days a week customer support via Live Chat, Phone, Email, and an Online Contact Form. The broker offers multilingual customer support in English, Arabic, Chinese, Hebrew, Hindi, Punjabi, Indonesian and Vietnamese.

  • Address: ACY Tower, Level 18, 799 Pacific Hwy, Chatswood NSW 2067, Australia
  • Phone:
    • International: +61 2 9188 2999
    • Taiwan: 02 5594 4927
  • Email:
    • support@acy.com
  • Social:

Research

“ACY Securities offers research in the form of articles and videos in its blog covering Latest News, Market News and Markets Analysis, as well as an Economic Calendar.”

ACY Securities offers a variety of research for both beginner and advanced traders and this includes articles and videos covering a wide range of topics in its blog. This includes daily video updates and topics covering fundamentals and market analysis, as shown below:

Trader Education

“ACY Securities offers a range of trader education services such as live Forex Webinars, eBooks and courses.”

The broker offers a wide range of live Forex webinars covering live market reviews and analysis, as well as trading setups. Users can view the calendar of dates and register directly on their website, as shown below:

The broker also provides access to a free trading eBook and online courses.

Trading Experience

“ACY Securities provides a simple and transparent offering suitable for both beginner and advanced traders to access more than 700+ financial CFD instruments from commission-free and commission-based trading accounts and low spreads, all from the globally-recognised MetaTrader 4 and MetaTrader 5 trading platforms.”

From our observations, ACY Securities provides a simple and transparent offering suitable for both beginner and advanced traders. Users can choose from a wide range of trading accounts with some commission-free and some commission-based with low spreads.

Traders can trade from more than 700+ financial CFD instruments covering Forex ECN, Indices, Commodities and a large range of Share CFDs from the NYSE, NASDAQ and ASX. The broker also provides the simple to use MetaTrader 4 and MetaTrader 5 trading platforms and a good range of research tools.

FAQ

Is ACY Securities regulated?

Yes, by the Australian Securities and Investments Commission (ASIC).

Where is ACY Securities based?

ACY Securities registered address is ACY Tower, Level 18, 799 Pacific Hwy, Chatswood NSW 2067, Australia.

How does ACY Securities make money?

ACY Securities makes money through spreads, swaps and commissions on certain tradable asset classes and accounts.

How do I deposit in ACY Securities account?

Funds can be deposited into a trading account via Bank Wire Transfer, Credit/Debit Card, Neteller, Skrill and other payment providers.

What is the min. deposit for ACY Securities?

The minimum deposit is $50.

How do I withdraw money from ACY Securities?

Withdrawals can be made from ACY Securities through the client portal called ACY.Cloud and can be done via bank wire transfer, debit card and Skrill.

What is the max leverage in ACY Securities?

The maximum leverage offered by ACY Securities is 1:500.

How do I open an account with ACY Securities?

An account can be opened at the click of a button on the ACY Securities website and can be done in just a few steps.

Does ACY Securities use MetaTrader?

Yes, both MetaTrader 4 and MetaTrader 5.

Conclusion

“ACY Securities is an Australian-regulated Forex ECN CFD broker regulated offering to trade on more than 700+ instruments across Forex, Metals, Indices, Commodities and Share CFDs from the NYSE, NASDAQ and ASX, on the MetaTrader 4 and 5 trading platforms for desktop, web and mobile.”

ACY Securities was founded in 2011 and is headquartered in Sydney, Australia. The broker is regulated by the Australian Securities and Investments Commission and holds an Australian Financial Services Licence. Client funds are held in segregated accounts with Tier 1 banks including the Commonwealth Bank and HSBC.

The broker offers to trade on more than 700+ financial CFD instruments and includes Forex ECB – with liquidity coming from 16 global banks and pricing from the broker’s dedicated Equinix trading servers in New York, as well as CFDs on Indices, Metals, Commodities and Shares from the NYSE, NASDAQ and ASX.

Users can trade from the globally-recognised MetaTrader 4 and MetaTrader 5 trading platforms for desktop, web and mobile, from 4 main types of trading accounts called stpECN, zeroECN, MT5 Xchange and a fourth VIP pureECN account. These all offer a blend of commission-free and commission-based trading and Islamic swap-free options.

Both beginner and advanced traders will also enjoy access to a wide variety of educational and research services such as live webinars and news articles, as well as customer support 24 hours a day, 5 days a week. The broker also runs the Trading Cup contest which has a total prize pool of $150,000 and they also have a dedicated Partners website.

  • Australian regulated.
  • ECN and commission-free trading available.
  • 700+ financial CFD instruments available to trade on.
  • Can trade from MetaTrader 4 and MetaTrader 5.
broker

RISK WARNING: Foreign exchange and derivatives trading carry a high level of risk. Before you decide to trade foreign exchange, we encourage you to consider your investment objectives, your risk tolerance and trading experience. It is possible to lose more than your initial investment, so do not invest money you cannot afford to lose. ACY Securities Pty Ltd ( AFSL: 403863) and ACY Capital Australia Limited (VFSC: 012868) provides general advice that does not consider your objectives, financial situation or needs. The content of this website must not be construed as personal advice; please seek advice from an independent financial or tax advisor if you have any questions. The FSG and PDS are available upon request or registration. If there is any advice on this site, it is general advice only.

See ACY Securities Full Information
Broker General Information
Trading Features
Other Details
Headquarters Country
Australia
Foundation Year
2011
Regulations
ASIC (Australia), VFSC (Vanuatu)
Publicly Traded
No
Number Of Employees
100-200
Trading Desk Type
ECN, Market Maker, STP
Trading platforms
MT4
Restricted Countries
United States, Cuba, North Korea, Afghanistan, Iran, Syria, Nigeria
Supported Languages
English, Arabic, Hindi, Chinese, Vietnamese, Indonesian, Punjabi, Hebrew
Min Deposit
$50
Max Leverage
1:30 (ASIC), 1:1000 (VFSC)
Deposit Options
Wire Transfer, Credit Card, Skrill, Neteller, Union Pay, FasaPay
Withdrawal Options
Wire Transfer, Credit Card, Skrill, Neteller, Union Pay, FasaPay
Cryptocurrencies
Bitcoin Cash, Bitcoin, Litecoin, Ripple, Ethereum
Fixed Spreads
No
Commission On Trades
Yes
Products
Currencies, Commodities, CFDs, Indices, ETFs, Stocks, Crypto
Mini Account
No
Premium Account
Yes
Demo Account
Yes
Islamic Account
Yes
Segregated Account
Yes
Managed Account
Yes
Institutional Account
Yes
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