ACY Securities Broker Review

Author By Jeffrey Cammack
Updated: September 24, 2021
Overall Rating
4.23 4.23 / 5
Rated #20 of 69 Recommended Brokers
Min. Deposit
USD 50
Regulators
Trading Desk
Trading Cost
USD 10
Website Language
English
Support Language
English
AlertAccepts Malaysian Clients. Average spread on the EUR/USD is 1 pips on trading account with the lowest minimum deposit of 50 USD. Max leverage 500:1.Islamic accounts available. MT4/MT5 platforms supported. ACY Securities is regulated by ASIC & VFSC.

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Summary

ACY Securities is an Australian-based ECN/DMA broker offering trading on multiple instruments, including Forex, precious metals, indices, commodities, shares, cryptocurrencies, and ETFs.  Trading costs are average compared to its peers, with minimum deposits starting at 50 USD on its commission-free entry-level account and spreads starting at 1.0 pips on the EUR/USD.  Trading conditions on the ProZero and Bespoke are much more competitive, with spreads starting at 0.0 pips on the EUR/USD in exchange for a reasonable commission per lot traded.  

ACY Securities allows all trading strategies, including hedging, scalping, and automated trading, and it provides a reasonable selection of educational materials to get new traders started.  Malaysian traders will also be pleased to note that ACY Securities offers Islamic swap-free accounts.  Lastly, although the website states that trading is offered on both the MT4 and MT5 platforms, traders can only trade using MT5 on the Standard Account. 

Reviews

Regulation
111104/ 5
Trading Conditions
111104/ 5
Trading Platforms
11110.54.5/ 5
Deposit & Withdrawal
11110.54.5/ 5
Education & Research
11110.54.5/ 5
Assets Available
11110.54.5/ 5
Customer Service
111104/ 5
Beginner Friendly
Standard
Bonuses
10% bonus

Account Information

Base Currencies
USD, AUD, EUR, GBP, NZD, CAD, SGD, HKD, JPY
Number of FX Pairs
40
Copy Trading
Hedging Allowed
Scalping Allowed
Islamic Account

Trading Conditions

Min. Spread
1 pips
Commission
Fees Included in Spread
EUR/USD
1.0 pips
GBP/USD
1.6 pips
USD/JPY
1.2 pips
Max. Leverage
500:1

Company Details

Company Name
ACY Securities Pty Ltd
Founded
2013
Office Locations
Australia

Pros

  • Great platform choice
  • Low minimum deposit
  • Excellent education
  • Good for beginners

Cons

  • Extreme leverage
  • Expensive withdrawals

Is ACY Securities Safe?

Founded in 2013 and headquartered in Australia, ACY Securities has grown to become a large multi-asset financial company offering trading on over 700 instruments. As an international broker, it is authorised and regulated by the Australian Securities and Investments Commission (ASIC) and the Vanuatu Financial Services Commission (VFSC).  See below for details:

  • ACY Securities Pty Ltd (‘ACY AU’) is regulated by the Australian Securities and Investments Commission (ASIC AFSL: 403863).
  • ACY Capital Australia Limited (‘ACY LTD’), ACY LTD is incorporated in Vanuatu, company number 012868, and is regulated by the Vanuatu Financial Services Commission (VFSC).

ACY Securities deposits all client funds in top-tier, well-capitalised banks, separate from the company’s operating funds.  Although Malaysians trade under the subsidiary regulated by the Vanuatu Financial Services Commission, they are still afforded negative balance protection.

ACY Securities has won numerous awards for their services and offering over the years, including Premium /Multi-Asset Broker in Asia 2020 (FX168 2020 Brokers Billboard Annual Awards), Best Partner Program 2020 (World Finance Forex Awards), Best Multi-Asset Broker in Australia 2020 (Technology Era), Best Forex Broker 2018 (International Business Summit Malaysia), and Influential Forex Broker (China Financial Online).

Lastly, ACY Securities offers ultra-fast order execution, liquidity from 16 global banks, direct access to Equinix Servers in New York and Asia, and a No Dealing Desk system. These measures ensure that traders have access to a fast, efficient and transparent trading environment.

On this basis, we deem ACY Securities a safe and trustworthy online broker. 

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Group Regulators
Trading Desk
Website
Year Founded
Office Locations
Inactivity Fee
ASIC
VFSC
ECN/DMA
2013
Australia
No

Trading Conditions

An ECN/DMA broker, ACY Securities offers trading on Forex, precious metals, indices, commodities, shares, cryptocurrencies, and ETFs. With over 60 Forex pairs available for trading, traders can choose between three live accounts on MT4 and MT5 platforms.  These include the Standard, ProZero, and Bespoke accounts.

All three live accounts feature maximum leverage of up to 30:1 and a minimum order size of 0.01 lots.  ACY Securities also allows all trading strategies, including hedging, scalping, and automated trading, and Islamic swap-free options are available on the Standard Account. Lastly, ACY Securities denominates accounts in AUD, USD, NZD, GBP, or EUR. 

Account Types

ACY offers three live accounts, namely the Standard, ProZero, and Bespoke accounts.  All account types are available on the MT4 platform, but traders can only choose to use MT5 on the Standard Account.  This information is slightly confusing on the website – but after having conferred with customer service, it should be noted that there are no differences in trading conditions when choosing between MT4 and MT5. 

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Display Name
Min. Deposit
Max. Leverage
Min. Spread
Commission
Bespoke
USD 10000
500:1
0
5 USD / lot
Account Details
ProZero
USD 200
500:1
0
6 USD / lot
Account Details
Standard
USD 50
500:1
1
None
Account Details

Standard Account

The minimum initial deposit in the Standard Account is 50 USD.  Spreads are variable, starting at 1.0 pips on the EUR/USD, which is slightly wider than similar-sized ECN/DMA brokers, but no commissions are charged. 

ProZero Account

A minimum deposit of 200 USD is required to open a ProZero Account.  Spreads start at 0.0 pips on the EUR/USD, but how long traders will see spreads as tight as this is unknown, and a reasonable commission of 6 USD (round turn) per lot is charged. 

Bespoke Account

A minimum deposit of 10,000 USD is required on this account, spreads start at 0.0 pips on the EUR/USD, and traders are charged a commission of 5 USD (round turn) per lot. 

ACY Securities Accounts

Demo Accounts

ACY Securities’ demo accounts come loaded with up to 100,000 USD in virtual funds.  Demos mimic the conditions on all of the above-mentioned accounts on both the MT4 and MT5 platforms.  Demos last for six months and can be renewed on request.

Spreads and Commissions

Spreads at AYC Securities are slightly wider than similar-sized ECN/DMA brokers, starting at 1.0 pips on the EUR/USD.  ProZero Account spreads are tighter, starting at 0.0 pips on the EUR/USD with a reasonable commission of 6 USD (round turn) per lot traded – this is about average for similar raw spread accounts.  Spreads start at 0.0 pips on the Bespoke account and commissions of 5 USD (round turn) per lot traded. 

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Broker
Trading Conditions
Base Currencies
EURUSD (Standard)
Trading Cost (Standard)
EURUSD (Best)
GBPUSD (Best)
USDJPY (Best)
Commission
111104/ 5
USD, AUD, EUR, GBP, NZD, CAD, SGD, HKD, JPY
1 pips
USD 10
1.0 pips
1.6 pips
1.2 pips
0.0
11110.54.5/ 5
EUR, USD, GBP, PLN, DKK, SEK, NOK, CHF
1.50 pips
USD 15
0.0 pips
1.6 pips
1.5 pips
0.0
111115/ 5
USD, GBP, EUR, AUD, CHF
0.90 pips
USD 9
0.9 pips
1.6 pips
1.1 pips
0.0

Deposits and Withdrawals

In line with Anti-Money Laundering policies, ACY Securities operates a “return to source policy,” meaning that withdrawals can only be returned to the original funding source.   Deposits and withdrawals can be made via Bank Transfer, Visa/Mastercard, PayPal, Neteller, Skrill, PerfectMoney, Trustly, dragonpay, and UnionPay.  Deposits are free and instant.  The first three withdrawals in a month are free, but from the fourth withdrawal, clients are charged a 25 USD flat rate no matter the payment method.  Withdrawals are general processed within 24 hours.

ACY Securities does not charge any fees on dormant accounts.

ACY Securities for Beginners

ACY Securities offers a wide selection of educational and market analysis materials for beginner traders.  The material is well-structured and of high quality. Customer support is also available 24/5 to help with any technical or account issues.  Note that the website and all its materials are translated into Malay.

Educational Material

ACY’s educational materials comprise e-books, trading videos, a video trading course, and various articles about how to trade Forex.  See below for more details:

  • E-books: The in-house team of analysts has created a free trading e-book covering the essential aspects of trading, including ‘The Importance of Choosing the Right Company,’ ‘Forex Industry,’ ‘Fundamental Analysis,’ and ‘Technical Analysis,’ amongst others.
  • Trading Courses: In this free trading series, ACY Securities’ Chief Market Analyst guides traders on how to apply chart patterns, how to trade according to the latest market events, and using fundamentals to make better trading decisions. 
  • Seminars and Webinars: These are run every Tuesday and Thursday evenings in various languages by ACY Securities in-house market analysts.  Webinars are free of charge to all visitors to the site but require registration. 
  • Articles: Various educational articles are published on a daily basis and cover topics such as leverage, how to use the Metatrader platforms, the basics of Forex trading, and more. 

Market Analysis Materials

The market analysis section is updated on a daily basis but essentially comprises two sections – Market News and Market Analysis.  Both sections cover articles written by ACY Securities’ in-house team of market analysts.  The material is in-depth and well-structured. 

ACY Securities Market Analysis

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Broker
Autochartist
Trading Central
Trading View
 

Customer Service

Customer Service is available 24/5 via phone, email, and live chat in 14 different languages, including Malay.  For the purposes of this review, we found the customer support responsive, polite, and resourceful. 

Trading Platforms

Traders can make use of both the MT4 and MT5 platforms.  Note that traders can only use the MT5 platform on the Standard Account.

Metatrader 4

The MT4 trading platform is one of the most widely used Forex trading platforms. It can also be used to trade other instruments like commodities, cryptocurrency, stock index, and stock CFDs. One of the features that make MT4 popular is its auto-trading feature that enables algorithmic trading and strategy backtesting with expert advisors (trading robots).

ACY securities MT4

Metatrader 5

MT4’s successor, MT5, is a state-of-the-art, multi-functional platform that boasts advanced technical tools and copy-trading. MetaTrader 5 is designed to accommodate advanced trading across a wider selection of asset classes than its predecessor, MT4. Feature-rich, it boasts advanced tools and offers superior execution.

ACY Securities MT5

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Broker
Platform Choice
Copy Trading
Platforms
11110.54.5/ 5
11110.54.5/ 5
Avatrade Social

Evaluation Method

We value transparency and openness in the way we review the partners. To bring transparency to the forefront, we have published our review process that includes a detailed breakdown of the ACY Securities offering. Central to that process is the evaluation of reliability, the platform offering, and the trading conditions offered to clients, which are summarised in this review. Each one of these is graded, and an overall score is calculated and assigned.

Risk Statement

Trading Forex is risky, and each broker is required to detail how risky the trading of Forex CFDs is to clients. ACY Securities would like you to know that: 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. 

Overview

A trustworthy ECN/DMA broker, ACY Securities offers trading on over 700 instruments, including over 60 Forex pairs.  Trading conditions are reasonable, with spreads down to 0.0 pips on two of its accounts, in exchange for low commissions.  ACY also offers trading on the most popular platforms – MT4 and MT5, and it allows all trading strategies alongside a decent repository of educational and market analysis materials.  Malaysians will also be pleased to note that ACY Securities offers Islamic swap-free accounts.  Overall, ACY Securities is a dependable, if unexciting CFD broker. 

AlertAccepts Malaysian Clients. Average spread on the EUR/USD is 1 pips on trading account with the lowest minimum deposit of 50 USD. Max leverage 500:1.Islamic accounts available. MT4/MT5 platforms supported. ACY Securities is regulated by ASIC & VFSC.
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Overall Rating
Min. Deposit
Regulation
Trading Desk Type
Trading Instruments
Forex Pairs
Crypto Pairs
Pros
Cons
Regulation
Trading Conditions
Trading Platforms
Deposit & Withdrawal
Education & Research
Assets Available
Customer Service
% Lose with this broker
Leverage
Spread
Hedging
Scalping
Account Types
Islamic Account
Trading Platforms
Funding Methods
Trading Commission
11110.54.23/ 5
USD 50
ECN/DMA
Forex
Cryptocurrencies
Metals
Commodities
Stock CFDs
ETFs
40
5
  • Great platform choice
  • Low minimum deposit
  • Excellent education
  • Good for beginners
  • Extreme leverage
  • Expensive withdrawals
111104/ 5
111104/ 5
11110.54.5/ 5
11110.54.5/ 5
11110.54.5/ 5
11110.54.5/ 5
111104/ 5
0 of retail investor accounts lose money when trading CFDs with this provider
500:1
1 pips
Bespoke
ProZero
pureECN
Standard
stpECN
zeroECN
Bank Transfer
Visa
Skrill
Unionpay
Fees Included in Spread
11110.54.32/ 5
USD 100
Market Maker
STP
Commodities
Cryptocurrencies
Forex
Indices
Stock CFDs
50
26
  • Tight spreads
  • Good for beginners
  • Wide range of assets
  • Expensive withdrawals
1110.503.5/ 5
11110.54.5/ 5
11110.54.5/ 5
111115/ 5
111115/ 5
111104/ 5
11110.54.5/ 5
72.5% of retail investor accounts lose money when trading CFDs with this provider
500:1
1.40 pips
Classic
VIP
Raw
Bank Transfer
Sofort Banking
Visa
Mastercard
Skrill
Neteller
Giropay
Fees Included in Spread
11110.54.48/ 5
USD 100
Market Maker
Commodities
Cryptocurrencies
Forex
Indices
Stock CFDs
ETFs
55
18
  • Good for beginners
  • Well regulated
  • Low minimum deposit
  • Dealing desk
  • Limited market analysis
111104/ 5
111115/ 5
11110.54.5/ 5
11110.54.5/ 5
111115/ 5
11110.54.5/ 5
111104/ 5
72% of retail investor accounts lose money when trading CFDs with this provider
400:1
0.90 pips
Islamic
Professional
Retail
Avatrade Social
POLi
Visa
Mastercard
Skrill
Neteller
Paypal
Bank Transfer
Fees Included in Spread
Visit Broker

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