Investor Protection & Regulations
“ACY Securities is regulated by the Australian Securities and Investments Commission (ASIC), is a member of the Australian Financial Complaints Authority and offers segregated client funds held with HSBC Bank.”
ACY Securities is authorised and regulated by the Australian Securities and Investments Commission (ASIC) as confirmed on the ASIC register below:
According to the broker’s website, ACY Securities offers further protection to clients by:
- Being members of the Australian Financial Complaints Authority which is an approved Australian dispute resolution scheme.
- Holding client funds in a segregated bank account with HSBC.
- Partnering with Aon, to provide Professional Indemnity Insurance to clients as part of their requirements under ASIC regulations.
These details are confirmed on their website, as shown below.
“ACY Securities offers clients to trade on 65 tradable assets across Forex ECN, Indices, Cryptocurrencies and on Commodities in Energy and Metals. Currently, they do not offer any Stocks.”
ACY Securities offers clients to trade on 60 different tradable assets. These include 40 Forex ECN pairs and CFD trading on 12 Indices, 5 Cryptocurrencies and in Commodities, 5 Precious Metals and 3 Energies.
Below is a list of just some of the available markets for trading:
* 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 and overnight funding (swap) rates vary depending on the instrument being traded and the account type. For example, the average spread for AUD/USD on stpECN Account is 0.8 pips with no commission and on the zeroECN and pureECN Accounts it is 0.1 pips with a chargeable commission per lot traded.
“ACY Securities offers 3 types of trading accounts called stpECN, zeroECN and pureECN with some commission-based on per lot of trading and some commission-free. The broker also offers the use of a free demo trading account.”
Clients of ACY Securities can choose from different trading accounts which offer different features and benefits and are suitable for both beginner and advanced traders. The three accounts are called stpECN, zeroECN and pureECN and some of the features can be found below.
The stpECN Trading Account
This account provides a no dealing desk execution model with low spreads, commission-free trading and a low initial minimum deposit of $100 – making it ideal for beginner traders.
The zeroECN Trading Account
This account allows users to trade directly with ACY Securities’ liquidity providers with spreads starting from 0 pips with a fixed commission of $6 per lot traded, per round turn. This account is designed for high volume traders and supports all Expert Advisors and automated trading systems with access to 500:1 leverage but with a $2,000 initial minimum deposit.
The pureECN Trading Account
This account is designed for professional traders with access to pricing from Equinix servers in New York and Asia. Spreads start from 0 pips with the commission charged at $5 per lot trader, per round turn with a $20,000 initial minimum deposit.
Traders who open a live account can also access the ACY Securities Cloud Hub which allows users to manage their trading account, deposits and client details. The broker also offers the use of a free demo trading account which can be found by hovering over the Register button on the broker’s homepage.
To open a live account, users can simply click on the Live Account button which then opens to a page asking for the account type and country:
Users are then faced with 6 different steps which include inputting personal details, trading experience, ID confirmation and more, as the screenshot below shows:
The broker does not accept clients from the USA.
Deposit & Withdrawals options
“ACY Securities offers a variety of ways to deposit and withdraw funds using Wire Transfer (both local and international), Credit Card and Debit Card, Skrill, Doku Wallet and China Union Pay.”
ACY Securities offers a variety of ways to deposit funds into a trading account through Wire Transfer, Credit Card, Debit Card, Skrill, Doku Wallet and China UnionPay. According to the broker’s FAQ section, the speed of receiving and clearing funds depends on the method with bank transfers taking 2-3 business days. ACY Securities do not charge for funding a trading account via bank transfer but could be charged if you are based outside of Australia. No other fee details are provided on any of the other methods.
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:
- $25 service charge per withdrawal for international transfers (where the receiving bank is outside of Australia).
- 3% merchant fee per withdrawal when using Skrill.
- Free withdrawals for Australia local banks up to three times per month, then $25 per additional withdrawal.
Web & Desktop Trading Platforms
“ACY Securities offers traders the ability to trade on globally-recognised MetaTrader 4 for Desktop and Web.”
ACY Securities offers traders the ability to trade on MetaTrader 4 for Desktop and Web (screenshot shown above). With the ACY Securities MetaTrader trading platform users can:
- View 9 different trading time frames
- Use 40 different technical trading indicators
- Trade in micro lot sizes (0.01)
- Trade on multiple asset classes like Forex ECN and CFDs
- Use the one-click trading option
For traders using the ACY Securities MetaTrader 4 Web Platform no installation is required and it can be accessed on Windows, Mac or Linux systems through Chrome, FireFox, Internet Explorer and more.
The ACY Securities MetaTrader 4 platform is designed for both beginner and advanced traders due to the ability to access Forex ECN markets and the fact there is a wealth of information and supportive tools in the MetaTrader community.
Currently, there is no ability to use the MetaTrader 5 platform. But according to the broker’s website, this will be coming soon.
Mobile Trading Platforms
“ACY Securities offers the MetaTrader 4 mobile trading app 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 mobile trading app. 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 mobile trading app offers traders the ability to:
- Access multiple asset classes including Forex ECN and CFDs
- View live prices in real-time
- Trade directly via the mobile device with multiple order functionality
From the mobile trading app’s homepage users can access a variety of features such as quotes, charts, news, an economic calendar and more:
Traders can access a variety of different markets as shown below:
“ACY Securities does not offer any additional trading features beyond the basic version of MetaTrader 4. Users can still benefit from MetaTrader’s community and signal offering, as well as commission-free trading on some accounts.”
ACY Securities offers a simple trading service on the globally recognised MetaTrader 4 trading platform. While the broker does not offer any additional trading features the MetaTrader platform itself offers a community with additional indicator downloads and more.
However, traders can also access MetaTrader signals through the MetaTrader 4 Desktop signals, as well as trade on accounts which offer commission-free trading.
Commissions & Spreads
“Trading costs with ACY Securities vary depending on the market being traded and the type of account opened but largely come from 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:
||$6 per lot, per round turn
||$5 per lot, per round turn
Spreads and swap values vary depending on the market being traded. Some examples can be found below:
ACY Securities Forex ECN
ACY Securities Indices
ACY Securities Commodities
ACY Securities Cryptocurrencies
Bonus & Promotions
“Currently, ACY Securities does not offer any bonus or promotions but does offer the Asia Cup trading contest.”
Currently, ACY Securities does not offer any bonus or promotions but this can change over time. However, the broker does offer access to a variety of trading contests for demo account holders as well as live account holders.
The broker also offers live account holders the ability to participate in the Asia Trading Cup with up to $150,000 in prize money available.
“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 has offices in Sydney, Taiwan, China and Malaysia and according to the live chat agent, offers customer support in English and Mandarin.
After clicking on the live chat icon to speak to an operator on a Wednesday afternoon (UK time), a customer support agent was available in just a few seconds. My first question was answered by me needing to send an email to the operations team but the second question was answered ok and in a timely manner, as shown below:
- Live Chat (link can be found on the website)
- Registered Address:
- Level 18, 799 Pacific Hwy, Chatswood NSW 2067, Australia
- Australia: 1300 729 171
- International: +61 2 9188 2999
- China: 950 4059 5638
- Taiwan: 02 5594 4927
“ACY Securities offers some research tools such as an online Economic Calendar and a Blog with Market News and Market Analysis.”
ACY Securities offers a variety of research tools for both beginner and advanced traders. For example, the broker offers an online Economic Calendar as shown below:
The broker also offers a Blog with Market News and Market Analysis articles and videos, as shown below:
“ACY Securities offers a range of trader education services such as Seminars and Webinars, E-books and a Trading Course.”
Perhaps the most interesting offering for both beginner and advanced traders is the Seminar and Webinar section which is offered multiple times a week as shown below:
Traders can also access a Forex Beginner Course and a Forex Advanced Course by registering their details with the broker who also offers a one-to-one customised service with their account managers by phone or in the Sydney office.
“ACY Securities provides an interesting offering for both beginner and advanced traders to access Forex ECN markets and CFD trading on Indices, Commodities and Cryptocurrencies on the MetaTrader 4 trading platform.”
From our observations, ACY Securities provides a simple and transparent offering with a relatively easy account opening process for both beginner and advanced traders looking to access Forex ECN trading. The broker also offers to trade on other asset classes such as Indices, Commodities and Cryptocurrencies. However, they do not yet provide the ability to trade Stocks.
Clients will enjoy the fact the broker offers to trade on the MetaTrader 4 trading platform which is one of the world’s most popular trading platforms. While the broker doesn’t offer any additional MetaTrader downloads or indicators, users can find them in the large worldwide MetaTrader community.
Both beginner and advanced traders will enjoy the flexibility of having different leverage options with a maximum leverage of 500:1. The broker offers 3 different trading accounts with the stpECN account offering commission-free trading, with low spreads and low initial minimum deposits making it a great starting place into the world of Forex ECN trading.
Is ACY Securities regulated?
Yes, ACY Securities is regulated by the Australian Securities and Investments Commission (ASIC).
Where is ACY Securities based?
ACY Securities registered address is 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.
How do I deposit in ACY Securities account?
Funds can be deposited into a trading account via Skrill, Doku Wallet, China UnionPay, bank wire transfer and through debit or credit card.
What is the min. deposit for ACY Securities?
The minimum deposit is $100.
How do I withdraw money from ACY Securities?
Withdrawals can be made from ACY Securities through the client area online called CloudHub 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 500:1.
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, ACY Securities offers MetaTrader 4.
“ACY Securities is an ASIC regulated broker offer trading on 65 different instruments across Forex ECN and CFD trading on Indices, Commodities and Cryptocurrencies on the MetaTrader 4 platform. The broker offers 3 types of trading accounts with a mixture of commission-based and commission-free trading.”
ACY Securities is regulated by the Australian Securities and Investments Commission (ASIC) and offers client segregated client funds from company funds, held with HSBC.
The broker offers trading on 65 different instruments across Forex ECN and CFD trading on Indices, Commodities and Cryptocurrencies but no Stocks at this moment in time. Traders can use the MetaTrader 4 trading platform for Desktop, Web and Mobile with MetaTrader 5 coming soon.
Users can choose from 3 different types of trading accounts called stpECN, zeroECN and pureECN. Each has different initial minimum deposits and different commissions and spread values. For example, the stpECN accounts offers commission-free trading with spreads starting from 1 pip with an initial minimum deposit of just $100.
The broker also offers useful research and educational tools with a wide variety of live webinars from their Chief Market Analyst. ACY Securities also offers trading contests such as the Asia Trading Cup for live account holders.
- Regulated by ASIC.
- 65 tradable assets across Forex ECN, Commodities, Cryptocurrencies and Indices.
- High leverage of 500:1 available with commission-based and commission-free trading accounts and low spreads (ECN).
- Trading contests such as the Asia Trading Cup.