ACY Securities
4.5

ACY Securities

Regulation: ASIC Australia

Pros
  • Large repository of daily analysis and educational content
  • Low spreads starting at 0 pips in the Spread Zero account
  • 16 payment processors, including cryptocurrencies
  • Competitive trading fees in its commission-based accounts
Cons
  • Offshore entity is unregulated.

Reviewed broker: ACY Securities

Operated by Acy Group

Location: Australia

Regulation: ACY Securities Pty Ltd. is regulated by the Australian Securities and Investment Commission (ASIC), Vincent and the Grenadines

Important Note: The brokerage was established after the Acy Group acquired Australian broker Synergy FX

Established in: 2013

ECN environment: yes

STP trading: yes

US Traders are not accepted

Segregated accounts for clients funds: yes

Trading Instruments: Forex, Shares, Indices, Precious Metals, Commodities, ETFs, Futures

Why Trade with ACY Securities?

Referred to as half Wall Street and half Silicon Valley, we are a tech-inspired multi-asset broker focused firmly on empowering you, our clients, with institutional-grade trading conditions, premium education and cut-through market analysis.

  • Superior Trading ConditionsUltra-low cost of trading | Super-fast execution | Raw spreads
  • Personal Account ManagerDedicated to providing you trading support
  • Cut-through Market AnalysisMorning & afternoon reports | Trade Ideas
  • True Multi-Asset ProviderFX | Indices | Commodities | Shares | Crypto
  • Premium Educational Resources
  • ASIC-Regulated

Awards received by ACY Securities

2022 ACY was awarded the Best Transparent Trading Broker at the Smart Vision Investment Expo Egypt.

2022 ACY won the Business Excellence Award presented by the Hong Kong Australia Business Association (NSW Chapter). 

2022 ACY was awarded the Best Overall Broker at the Fazzaco Expo Dubai. 

2020 Best Multi-Asset Broker in Australia in 2020 by leading tech magazine Technology Era. 

2018 Synergy FX was recognized as the 2015 Australian Best Forex Broker by the Global Financial Market Review.

2018 Awarded the ‘Best Forex Broker‘ at the International Business Summit Malaysia.

2018 Granted ‘Chinese Most Influential Brand Financial Institution‘ by Voice Mook 2018 (the first half).

2017 Awarded as the ‘Influential Forex Broker’ by China Financial Online.

Trading Accounts and Conditions

Trading instruments: 60 global markets including Forex, Indices and Commodities – 41 different FX pairs, 4 types of precious metals and 15 global stock indices.

As a true ECN Forex broker, our team has focused on finding some of the deepest liquidity combined with one of the best trade executions so high-volume traders can experience the some of the best trading conditions. There are range of trading account types including, stpECN, zeroECN and pureECN accounts. StpECN, zeroECN and pureECN accounts, allowing you the flexibility depending on your trading needs.

STP ECN account

  • Initial Min. Deposit $50
  • Min. Trading Volume 0.01 lot
  • Spreads Variable
  • Commission starts from $0
  • Leverage up to 1:500

Zero ECN Account

  • Initial Min. Deposit $2,000
  • Min. Trading Volume 0.01 lot
  • Spreads from 0.0
  • Commission starts from $6
  • Leverage up to 1:500

Pure ECN

  • Initial Min. Deposit $20,000
  • Min. Trading Volume 0.01 lot
  • Spreads from 0.0
  • Commission starts from $5
  • Leverage up to 1:500

Demo account: yes 30 days trial period, can reapply for renewal

Account base currencies: AUD, USD, EUR, GBP, CAD, SGD, NZD and JPY.

Leverage: most Aussie brokers offer leverage as high as 1:500, and so does ACY Securities

No Dealing Desk: yes, your trades are automatically put through the markets with no time delay.

Minimum trade size is 0.01 lots with up to 20 lots on FX trades.

Majors are the most liquid and most widely traded currency pairs in the forex market. Major currencies include: EUR/USD, USD/JPY, GBP/USD, USD/CHF, USD/CAD, AUD/USD and NZD/USD.

Currency crosses are pairs where the US dollar is not the counter-currency. Some of the most popular and highly traded cross pairs include: EUR/GBP, EUR/JPY, EUR/CHF and GBP/JPY.

Some of the major commodity currencies are the Australian dollar, Canadian dollar, New Zealand dollar. 

Trading Platforms and Advanced Trading Tools

In late 2022, the iOS versions of the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading apps were removed from the Apple App Store due to unknown reasons. We are pleased to announce that these apps are once again available for download from the Apple App Store.

You have the choice to trade the global markets from any of the easily accessible trading platforms including MetaTrader 4 and MetaTrader 5. For those who like to trade Forex, Indices, Commodities, Shares and Cryptocurrencies on the go, you can select from the mobile and web versions of MT4 and MT5.

Platform: MT4 and MT5

MT4 Desktop

Metatrader 4 for Windows is a widely used platform for those using the Microsoft operating system and created by Metaquotes Software Corp. At ACY, we provide access to trading Forex Majors, Index CFDs, Precious Metals, Commodity CFDs, and cater to the active trader, systematic traders, scalpers, end of day traders and those using Experts Advisors and trading robots.

MT4 Mobile

In addition to the desktop platform, we also offer traders a mobile trading platform for mobile and tablet devices that allows traders to trade anytime from anywhere. Traders can use the MT4 platform on iPhone, iPad, Android system or Windows system devices.

Traders all around the world can now access live streaming charts and trade dozens of global markets via the MT4 App.

By downloading the MT4 App, you get instant live quotes and you can take positions in 41 currency pairs including the Forex Majors, Index CFDs, Precious Metals and Commodity CFDs. Start trading forex and the global markets today direct from your android mobile.

MT4 for Web

The MT4 for Web platform provides customers with a comprehensive set of tools and features. Traders can use Windows, Mac and Linux operating systems and the platform and trading accounts are protected by the highest possible security measures.

ACY’s MT4 for Web platform enables traders to connect to global financial markets at any time from any location. It is widely used by experienced traders due to its speed, ease of use, and reliability.

One-click trading: yes

Automatic trading systems: yes

Risk management tools: yes

Advanced easy-to-use charts: yes 

Trailing Stop: yes

Pending orders: yes

Mobile trading: yes 

Payment Methods

Minimum deposit requirement is $100

Funding options include Wire Transfer (Local and International), Credit Card and Debit Card, Skrill, Doku Wallet, China Union Pay

Educational Material

The broker provides traders with the latest market news, diversified analysis reports and the professional fundamentals and technical analyses

Promotions

Pip Hunter Trading Contest

Would you like the chance to win a share of $75,000* in total bonuses? The new Pip Hunter Trading Contest runs for six months from 1st March – 31st August 2023 and offers $75,000* in total bonuses across 50 winners.

Whether you’re a trader wanting to highlight your skills, or a fund manager wanting to showcase your returns and attract new investors, the Pip Hunter Trading Contest is the perfect platform.

Powered by ACY’s Money Manager Ranking (MMR) algorithm with advanced machine learning and artificial intelligence, the contest will rank traders based on a set of metrics including profitability, risk management, long-term stability, risk-adjusted returns and draw-down levels.

To enter in the world’s best live money trading contest, simply open a live account with ACY Securities. Once you have signed in to your live account client portal you can enter with just one click.

24 Hour Support

Multi-language customer services are available 24-hours a day with a dedicated support team to assist clients.

Questions and Answers about Acy Security

Who owns ACY?

We’re a privately-owned company. The owners and management team each have over 10 years’ experience working in the financial markets. 

Where are client funds held?

Client funds are held in segregated trust accounts Commonwealth Bank Australia and HSBC – the AAA-rated banks around the world.

What are your typical spreads?

Our tight variable spreads range from an extremely competitive from 0 pips to 2-3 pips, depending on your account type, the currency pair and market conditions.

What are the trading cost and commissions at ACY?

We offer very competitive spreads across FX, Metals, Commodities and Indices. There are no commission charges for our stpECN account. As low as AUD$8.5 for our zeroECN account. You can even go lower with our pureECN account. 

What kind of trading model does ACY use?

We use the STP trade execution model where all trades are priced directly from our liquidity providers. Trades are executed at the best bid best offer available prices.Traders are free to use any legal strategies on our platform.

What kinds of leverage does ACY provide?

We can offer up to 500:1 leverage for FX, Metals and Crude Oil, and up to 100:1 leverage for Indices CFDs. Due to market condition or liquidity condition changes, we reserve the right to adjust down your leverage as necessary by providing you immediate notification. In addition, different account balance will have its corresponding maximum leverage. 

What account types do you offer?

We offer a stpECN, zeroECN and pureECN accounts, allowing you to choose whichever best suits your trading style.

With our stpECN Account you benefit from competitive market pricing, no commission to pay, and a minimum deposit of just $100.

Our zeroECN account gives you direct access to our tier-1 liquidity providers for tight spreads. The minimum deposit is $2,000, and we charge USD$6 (for USD account) and AUD$8.5 (for AUD account) commission per round turn lot.

pureECN account gives you direct access to our tier-1 liquidity providers for tight spreads. The minimum deposit is $20,000, and please ask your Account Manager to find out more about special pricing.

Can I have more than one account?

Yes, you can have up to two accounts.

What currencies can I have my trading account in?

Your trading accounts can be in AUD, USD, EUR, GBP, CAD, SGD, NZD and JPY.

Does ACY allow scalping and hedging?

You can use different trading styles and strategies on the MT4 platform. We offer competitive pricing including tight spreads and with the lightning-fast speed of our servers, traders may find this trading condition ideal for scalping and hedging.

What are the fees and commissions?

We don’t charge you any fees or commissions for standard stpECN account. For zeroECN account and the commission charges are different for accounts with different denominated currency. Please refer below table for the actual charge for the corresponding account:

USD account, USD$6

AUD account, AUD$8.5

EUR account, EUR5.5

GBP account, GBP£5

NZD account, NZD$9

CAD account, CAD$8

JPY account, JPY¥700

For pureECN account type, please contact our Account Management Team directly for further information.

What is slippage and how does it happen?

Firstly, it is important to understand the reasons for slippage. Slippage occurs mostly because of network latency or market gapping.

Each trade order is transmitted from your local ISP to our live trading server in London. If the market fluctuates greatly, the actual executed price may have changed when the order arrived at the server, so slippage occurs.

Our servers use the world’s leading suppliers, so our network delay is only around 50ms.

Slippage is inevitable in some instances, but by using fast server networks we are trying to ensure the ongoing stability of the platform and therefore reduce the effects of slippage.

Overall our online ACY Securities review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online ACY Securities or you find inaccurate details ACY Securities broker review please get in touch with us and the changes will be applied.  

How was the rating of ACY Securities performed compared to other brokers? 

This 2024 Forex Broker Review  has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on ACY Securities FX broker performance and features. 

Minimum deposit requirement is $100

6.0
Regulation and Security
5.0
Platforms and Features
4.0
Deposit and Withdrawal
3.0
Educational Material
4.5 Overall Rating

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