This move represents ACY Securities’ commitment to expand its global presence and secure its position as a trusted broker in the trading industry. ACY Securities provides access to a decent range of markets and over 2,200 symbols by way of its offshore and Australian entities. Both trading platforms are available on both Android and iOS mobile devices and tablets. Beginner traders should be aware that there is some loss in functionality when compared to the desktop trading platforms, including reduced timeframes and fewer charting options. In addition, spotty connections can reduce the overall trading experience. Generally, it is better to be at your desktop to conduct day-to-day trading and use a mobile device to keep an eye on the markets or close open positions.
However, non-Australian banks can charge you to make international transfers. For experienced investors looking for more advanced indicators, you can download third-party technical indicators from the MQL5 Code Base and buy more in the MQL5 Market with the click of a button. Exchange-Traded Funds are financial instruments that track the performance of companies that make up indexes like the S&P 500. Trading ETF CFDs give you the chance to open long or short positions and amplify the size of the trade using leverage. We envision our services will lead not just the Australian market but also the global financial system. The ACY Group Group ecosystem is developed to encompass financial brokerage, funds management, trading technology, digital media and innovation initiatives.
Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by FxScouts Group, nor shall it bias influence our reviews, analysis, and opinions. You’ve successfully signed up for our forex newsletter, where you’ll receive expert insights, market analysis, and the latest news straight to your inbox. On opening an account, traders receive personalised support, helping them with account setup and any other technical difficulties. For the purposes of this review, we found the customer support responsive, polite, and resourceful.
The ProZero trading account allows you to buy and sell assets with market-leading spreads, including forex pairs from 0.0 pips. This brokerage account type facilitates zero-spread trading with fixed commissions to help reduce the overall trading costs. For active and high-volume traders, the $3 lot per side allows you to make maximum potential gains with minimum trading costs. FxScouts helps traders across the globe by meticulously testing and reviewing online brokers and providing Forex education and market analysis. While partners may pay to provide offers or be featured, they cannot pay to alter our recommendations, advice, ratings, or any other content. Our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data.
Who is ACY Securities For?
ACY Securities has an impressive range of CFDs, more than is typically offered at other brokers. British traders are also afforded negative balance protection, but this is evaluated on a case-by-case basis. From micro & mini contracts up to full lot sizes, our MT4/MT5 platforms empower bitbuy canada review you to explore, refine, and capitalise on your strategies. You can download the MT4 desktop platform or jump over to our web based MT4 platform here. Enjoy a wide variety of financial widgets with drag and drop simplicity and affiliate tracking codes automatically embedded in the HTML code, specifically designed our Institutional clients. Overall, I assessed that ACY Securities is a great choice for day traders, scalpers, and especially algo traders.
The broker stands out for its favorable costs, fast execution of about 30 milliseconds, and extensive educational and research content. Since ACY allows you to connect your live trading account with MetaTrader 4 and MetaTrader 5 you can access all the real-time price charts that MetaQuotes has to offer. With a first-time minimum deposit of just $50, you can open a Standard account and participate in the forex markets with 0% commission right now. You can also download the MT4 or MT5 trading app directly to your Apple or Android smartphone and start investing anytime and anywhere. During our research, we found that ACY provides a user-friendly and well-designed trading platform.
Choose from our wide range of supported currencies and benefit from our transparent fee structure. ACY Securities offers a small selection of trading tools to help traders make better trading decisions, but this includes MetaTrader Scripts, an excellent MetaTrader plugin. 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. Spreads are variable, starting at 1.00 pips on the EUR/USD, which is slightly wider than similar-sized ECN/DMA brokers, but no commissions are charged. Take advantage of our tailor-made Portfolio Management trading platform solutions with seamless real-time client reporting.
What is the minimum deposit for ACY Securities
We offer affiliate and referral partnerships, white labels, Introducing Broker, Regional Management opportunities and MAM accounts. We provide the technology infrastructure and marketing reach, to help our partners leverage the power of new financial systems to engage with their clients and operate in the most effective way. Openan account, choose the trader you want to follow, and you areready to go. With a history dating back to 2011, our team, our client success, and our trading services have been recognised countless times by the global Forex community, institutions and media organisations. ACY Securities has partnered with Capitalise.ai, Signal Start, and MetaTrader Scripts to provide traders with automated trading options. The VFSC is not considered a very good regulator and does not involve itself in the client protection business.
ACY Securities’ trading fees are average on its Standard Account but significantly lower than average on its ProZero and Bespoke accounts. Execution speed is everything and MT4 pioneered one-click trading for Forex traders. Another minor gripe of mine is that the broker only provides VPS hosting with its offshore entity. I was particularly impressed by the variety of resources available, including 91 educational videos and 37 platform tutorials accessible from the client area. Additionally, the broker hosts weekly webinars and has published three detailed e-books. When trading Contracts for Difference (CFDs), positions can be opened for a fraction of their value because of leverage.
- As a whole, ACY Securities is a fairly transparent and reliable broker, adhering to the strictest safety requirements in the industry.
- All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor.
- MT4’s successor, MT5, is a state-of-the-art, multi-functional platform that boasts advanced technical tools and copy-trading.
- However, while MT4 has great customizability, the platform feels outdated, and some of the features may be hard to find.
- Our user-friendly platform allows you to choose the deposit method that works best for you, making it quick and straightforward to fund your trading account.
ACY Securities Main Features
She has reviewed 100+ brokers, publishes weekly YouTube trading videos, and co-hosts the “Let’s Talk Forex” podcast to help traders make informed, safe decisions. I found ACY Securities’ research content to be comprehensive and diverse. It incorporates a variety of analysis techniques – technical, fundamental, and economic – offering traders a well-rounded understanding of the markets from multiple perspectives. Thanks to fast order execution of around 30 milliseconds and a one-click trading feature available on all platforms, ACY Securities is a good fit for scalpers. It also provides free Virtual Private Server (VPS) hosting for even better performance on the offshore entity. Day traders can benefit from diverse instrument selection, competitive spreads, and high-quality in-house market research.
Is ACY Securities Safe to Trade With?
At most, they may release warnings against companies that are found to have repeatedly violated the rules. But if you enter a dispute against VFSC-registered brokers, you cannot expect the agency’s assistance to mediate or get your money back. Chris builds and maintains our relationships with our partners to provide our users with the best Forex trading experience. Market-leading risk management methodologies, cutting-edge technologies and smart data analytics are available to increase risk returns and reduce trade costs. At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions.
The LogixTrader web platform has easily scalable charts, allowing for a smoother and more detailed examination of price action than MetaTrader. It also features 21 technical indicators, 21 drawing tools, 10 timeframes, and 5 chart types. Its spreads are generally below the industry average, with the exception of its Bitcoin spread. Notably, the just2trade review commission rate on the ProZero account is twice lower than the industry average of $6. Additionally, the broker does not charge any non-trading fees, further enhancing its cost-effectiveness.
- ACY Securities offers MetaTrader and its LogixTrader platform, alongside a reasonable range of markets and balanced account offering.
- There has never been a better time to get into online trading and test your trade ideas in a trading simulator, using our forex trading platforms with virtual money.
- I was particularly impressed by the variety of resources available, including 91 educational videos and 37 platform tutorials accessible from the client area.
- Trade with confidence on an EA-friendly trading platform and automate your trading strategies.
ACY Securities caters to a wide variety of traders by offering both low-deposit and commission-based account options. While pricing on its Standard account is slightly higher than the industry average, the ProZero account has mercatox review effective spreads that are slightly lower than the average. ACY Securities offers MetaTrader and its LogixTrader platform, alongside a reasonable range of markets and balanced account offering.
Trading Accounts
From the moment you land on the website, navigating your way around the different features is a seamless experience. There are three account types to choose from based on your individual needs and trading goals. Trading ETF CFDs continues to gain popularity amongst beginner traders as it’s often cheaper than investing in individual stocks in the traditional sense. At ACY you can trade over 60 ETF CFDs on the trusted MetaTrader 5 platform with as little as $50. Investors trade ETFs to build a diversified portfolio, gain exposure to unique markets and trading opportunities. At ACY you can choose from a variety of exchange-traded funds including stock index ETFs, commodity ETFs, and Sector and industry ETFs.
The trading fees and commissions charged by ACY Securities vary depending on the account type you choose. For example, traders take advantage of commission-free forex trading on the Standard account, $6 per lot on the ProZero account, and $5 per lot on the Bespoke account. The forex market is the world’s largest financial market, with average daily trading volumes exceeding the $6.5 trillion mark. ACY allows you to access more than 60 of the most popular currency pairs with deep liquidity, ultra-fast execution speeds, and negative balance protection.