Written by: Steven Hatzakis
Recommended for: forex trading 4.2/5
Trusted broker: Regulated by top-tier financial authorities
Updated: JUNE,2023
Popularity: 3,211 people chose this broker in the last 6 months
BrokerChooser Score: 4.4/5
ACY Securities review summary
ACY Securities is an Australia-based Forex and CFD broker that provides a platform for clients to trade a variety of financial instruments, including forex, shares, indices, commodities, ETFs, and Precious Metals, suitable for both novice traders and experienced ones, retail or corporate. The company offers trading services through its online platform, which is accessible to clients from around the world.
- The specific services offered by ACY Securities may vary according to the jurisdiction it operates, but typically include access to real-time market data, technical analysis tools, and the ability to execute trades directly from the platform.
- ACY serves additional offices in Shanghai and Shenzhen, China, which brings an efficient service to customers even further.
The ACY Securities provides execution through the No Dealing Desk model, performed with no dealer intervention with no requotes through streamed real-time prices presented with tight forex spreads, high speeds, and low latency.
Is ACY Securities a legit broker?
See how ACY Securities is regulated and whether you should have any concerns using it.
ACY Securities pros and cons
Pro
Cons
- Reputable Broker with a Good Establishment
- Global Coverage
- Good Instrument Range
- Low Spreads and Fee
- Conditions and market offerings vary depending on the entity
- Market range limited to FX and CFDs
- No 24/7 Support
- Education Section needs Improvement
ACY Securities main highlights
| Country of regulation | Australia |
| Trading fees class | Low |
| Inactivity fee charged | No |
| Withdrawal fee amount | $0 |
| Minimum deposit | $50 |
| Time to open an account | 1 day |
| Deposit with bank card | Available |
| Depositing with electronic wallet | Available |
| Number of base currencies supported | 4 |
| Demo account provided | Yes |
| Products offered | Forex, Crypto, Indices, Commodities, Stocks, ETF |
Fees
ACY Securities has low fees and average non-trading fees. As a plus, it charges no deposit and withdrawal fees in most cases.
Account opening
Account opening at ACY Securities is seamless and fully digital, taking just a few minutes to complete and verified within one business day.
Deposit and withdrawal
ACY Securities offers mostly free deposit and withdrawal options, including bank transfer, credit card and various e-wallets. On the negative side, minor currencies are not offered.
Web trading platform
ACY Securities has its own web trading platform called ACY Securities. It’s highly customizable, multilingual and has a clear fee report. On the other hand, there are no price alerts.
Mobile trading platform
ACY Securities has its own great mobile trading platform. It is well-designed and user-friendly with a good search function. However, it lacks a safer two-step login and price alerts.
Desktop trading platform
ACY Securities desktop trading platform is provided by MetaTrader. It is highly customizable, has a clear fee report and price alerts, but lacks a two-step login and its design is outdated.
Markets and products
At ACY Securities, you can trade forex and other CFDs, including crypto.
Research
ACY Securities selection of research tools is average, but they are user-friendly. Charting and other technical tools, like APIs, are great. However, there are no trading ideas or fundamental data.
Customer service
ACY Securities offers several customer service channels. We found the live chat to be fast and relevant, and emails are also answered within a day. We missed however 24/7 availability.
Education
ACY Securities has great educational content, including webinars, manuals, a demo account to test your skills, and one-on-one training where you can chat with an expert.
Safety
ACY Securities is regulated by several financial authorities including the top-tier FCA, but it is not listed on any stock exchange and its financial information is not publicly available.
