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ACY Securities Fact sheet

ACY Securities is authorized and regulated by two regulatory bodies:

• the Australian Securities and Investments Commission (ASIC)
• the Vanuatu Financial Services Commission (VFSC)

It’s worth mentioning that ASIC is a very strict regulator, while VFSC is mild when it comes to the level of requirements for license acquisition. 

Policies that ACY Securities follows

In accordance with rules and guidelines set by regulatory bodies, the broker implements various policies to improve security. ACY Securities keeps clients’ funds in fully segregated bank accounts. The funds are kept at Commonwealth Bank, and if for any reason ACY Securities gets into financial problems or even goes bankrupt, traders are assured that their funds will be safely returned. 

Traders also get negative balance protection; what this means is that clients of ACY Securities are guaranteed that their trading accounts will never go negative. There’s 500:1 available leverage with this broker. It means that traders have the possibility to increase their purchasing power by 500 times. As a result, there’s always a chance that traders might lose more than what’s on their deposits. ACY Securities implements Stop Out levels to prevent funds from going negative, but even if they do, a quick chat with support will turn the balance back to 0. 

ACY Securities offers more than 2200 instruments for trading. Traders can access various asset classes, including Forex, commodities, indices, and shares as CFDs. It’s worth mentioning that all the assets offered are CFDs and you will not find physical stocks or crypto tokens with this broker. However, trading CFDs has its advantages and disadvantages. Let’s discuss each asset type offered by ACY Securities in more detail.

Forex trading on ACY Securities

There are more than 40 available currency pairs for trading. The list includes majors (EUR’USD, GBP/USD, USD/JPY, USD/CAD, etc.), minors (GBP/EUR, GBP/JPY, EUR/CAD, etc), and exotics (USD/TRY, USD/MXN, etc.) 

There’s up to 500:1 available leverage for trading currencies across all three account types. Keep in mind that choosing high leverage can be very dangerous to novice traders. As high leverage often leads to opening oversized orders and blown-up accounts. 

Trading fees depend on the account type you decide on, as the broker offers both spread-free and commission-free accounts. Spread markups for ProZero and Bespoke accounts are 0. 

Stock CFD trading on ACY Securities

There are more than 1670 stocks as CFDs available for trading with ACY Securities. Trading CFDs enables you to go short or long and profit from both bull and bear markets. In addition, CFD markets are more liquid and there are fewer barriers to entry. On the other hand, for long-term investing, real shares are preferred. 

The main trading platform offered by the broker for trading shares is MetaTrader 5. Available markets include the New York Stock Exchange, NASDAQ, and the Australian exchange. Traders have access to speculating on Apple, Google, Amazon, Meta, intel, Alibaba, and other global company prices. 

Crypto CFD trading on ACY Securities

ACY Securities offers 6 cryptos as CFDs for trading. The list includes popular digital currencies such as: 

• BCH/USD
• BTC/USD
• ETH/USD
• LTC/USD
• XRP/USD
• LNK/USD

There are a number of benefits in trading cryptos as CFDs compared to trading physical tokens, however, there are also some drawbacks. Mainly, tokens are for investing long-term, but for short to medium-term price speculations, trading cryptos as CFDs is ideal. Firstly, traders do not need to worry about crypto wallets and cash-out issues, since traders are speculating on Contract For Difference (CFD) prices, they get the benefits of price moving in any direction without the burden of actually owning the assets. In addition, the CFD market is more liquid and traders can use leverage (borrowed funds from their broker to increase purchasing power). Profits are directly added to your trading balance. 

Commodity CFD trading on ACY Securities

Commodities are raw materials that are either grown or mined. ACY Securities offers access to more than 4 commodities. Commodity trading is available on both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. Available leverage for trading commodities is up to 100:1. Traders can speculate on:

• XAUUSD - Gold vs USD 
• XAGUSD - Silver vs USD
• USOIL
• BRENT

Commodity prices are influenced by global supply and demand. The larger the demand, the higher the price, and vice versa. Even if you are not planning on trading commodities, you can keep an eye on their prices to help analyze other markets. For instance, the Canadian dollar price is heavily correlated with oil prices. 

Indices trading on ACY Securities

Indices are also known as indexes. These indexes follow the performance of a basket of globally traded stocks. For instance, the US 30 or Dow Jones follows the performance of the top 30 US publicly traded stocks. As a result, the index is a good measure of the health of the American economy. The US 500 or S&P 500 follows the performance of the top 500 US companies. The indexes can be used as indicators or traded as CFDs. ACY Securities provides access to trading: 

• S&P500, 
• Dow Jones, 
• Nasdaq, 
• DAX, 
• FTSE, 
• Euro Stoxx, 
• Hong Kong 50, 
• Nikkei, 
• China A50
• ASX 200.

Overall = 3.5

In order to meet the needs of different trader types, ACY Securities offers access to using three account types: Standard, ProZero, and Bespoke. Let’s discuss each in more detail to find out which type fits you best. 

Pros & cons of ACY Securities account types

ACY Securities Demo Account

Opening a demo trading account is free of charge with ACY Securities. It’s worth mentioning that most other brokers provide traders with free demo accounts as well. The Demo account is very useful to both novice and experienced traders alike. Beginners learn how to use trading platforms and indicators, and how to place orders, while professionals develop and upgrade their trading strategies. A Demo account offered by ACY Securities enables traders to experience how markets move without risking any actual money. However, while demo trading seems very similar to live trading there’s a big difference in terms of emotional involvement. Demo accounts are great for technical training, but traders can only experience the influence of greed, fear, revenge trading, and hope while they are trading live and with real money on the line.

ACY Securities Standard Account

The standard accounts are for novice and position traders. There are no commissions on this account type. However, the broker charges variable spread markups. The minimum initial deposit required to open the Standard account is only 50 USD. Available leverage is up to 500:1 and global stocks are only available if you are using MetaTrader 5.

ACY Securities ProZero Account

In order to open the ProZero account type, the minimum initial deposit requirement is 200 USD. The account has many similarities to the standard account. Global stocks are available on MT5, and leverage goes up to 500:1. ProZero accounts don’t charge traders with spread markups, instead, there are commissions added to trades. The commission amount is 3 USD per traded lot per side. The account type and its fee structure are ideal for intraday traders. Day traders place more frequent trades, and they care about spreads more than high commissions. 

ACY Securities Bespoke Account

The Bespoke account offers the best trading fees and VIP services to account holders. However, in order to open this account type, at least a 10,000 USD initial deposit is required. Available leverage is up to 500:1. Global stocks are accessible using the MT5 platform and there are 0 spread markups. On the other hand, traders are charged 2.5 USD commissions per traded lot per side. The commissions are 0.5 USD lower than in the ProZero account. 

Getting started on ACY Securities – Main steps

If you have already decided on opening a live trading account with ACY Securities, we’ll guide you through the entire process in detail. Registration and account opening is fully digital, and the web page is user-friendly. 

Step 1: Open an account

The first step is to press the “Open an Account” button from ACY Securities' main web page. The button will transfer you to the registration page. In order to complete the registration, it’s required to provide some personal information.

Step 2: Time to verify your account

After the registration process is completed, it’s essential that you verify your trading account. The broker asks traders to upload digital copies or scanned documents to do so. In order to verify your account, you need to provide proof of identity and proof of residency. You can send copies of your passport, ID card, or driving license as proof of your identity. As for residency, you can use your local bank statement, utility bill, or another formal document that shows your residency. 

Step 3: Make your deposit and start trading

The last step is to fund your account and start trading, and ACY Securities offers various ways to do this. Keep in mind that credit card and online banking options are instant, and the bank transfer option can take several business days. The broker doesn’t charge traders for transactions from its end. You can use the following methods of funding: Visa, Mastercard, bank transfer, Neteller, Skrill, FasaPay, Trustly, Perfect Money, UnionPay, POLi, or Dragonpay.

ACY Securities has reasonable fees. What’s great about this broker is that it offers both, spread-free and commission-free account types. Both position and high-frequency traders will find the sweet spot they are looking for. In addition, there are no additional fees such as inactivity fees or transfer fees to worry about. 

Comparing ACY Securities fees with other brokers

As already mentioned, the broker uses spread-free and commission-free accounts. For the comparison, we’ll use the Standard account that doesn’t charge any commissions. On the other hand, there is a 1 pip markup on EUR/USD. 

ACY Securities fees compared to Interactive Brokers fees

*Inactivity fee was eliminated by IB in 2021, it used to be $20/m

ACY Securities fees compared to eToro fees

ACY Securities fees compared to IG fees

ACY Securities fees compared to XM fees

ACY Securities fees compared to AvaTrade fees

ACY Securities fees compared to Capital.com fees

The two main platforms that you can download and install on your PC offered by this broker are MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Both platforms are built by the Russian company MetaQuotes and are highly capable. MetaTrader platforms have a simple design but include full capabilities such as indicators, timeframes, and an intuitive, albeit outdated-looking design that enables traders to conduct professional technical analysis. The MetaTrader platforms are the most popular platforms today due to their reliability. These platforms can easily be installed on even old or low-budget computers and run reliably. It’s important to note that MetaTrader 4 is for trading FX pairs and that MT5 is built for trading various asset classes, including Forex, commodities, indices, cryptocurrencies, and shares. 

Clients of ACY Securities have access to using MetaTrader 4 and MetaTrader 5 mobile apps. The apps are available for both Apple and Android devices. Mobile apps are built as secondary trading platforms that come in handy in emergency situations. Let’s say you forgot to place a stop-loss order, and you are away from your PC, you can place all order types using your mobile app. The mobile app enables you to check the news, review charts, and place orders, but is limited in scope when it comes to analyses. 

A quality education is very important to novice traders. Clients of ACY Securities have access to both analytical and educational materials. The material is available under the “Learn” tab from the broker’s main web page. Traders have access to:

• eBooks
• Webinars & Seminars
• Trading Courses
• How to trade Forex guides
• News & Analysis articles
• Market Analysis
• Education
• Platform guides
• Latest News and updates

Overall, the tools and education offered by ACY Securities is good. 

Every service-oriented business needs well-organized customer support and ACY Securities understands this rule perfectly. The main webpage is available in 20 languages and the customer support is also multilingual. The broker serves its clients from Sydney and Melbourne offices. Live customer support is available 24/5, and traders can contact the broker via live chat, send them an email, or give the broker a call. The customer support agents are professional and very helpful. Overall, ACY Securities offers great customer service.

To sum everything up, ACY Securities is an international broker offering financial services to traders all over the world. There are more than 2200 assets available for trading, including Forex, commodities, indices, cryptocurrencies, and shares as CFDs. The broker offers various account types including Standard, ProZero, and Bespoke to meet the needs of different trading styles. Trading fees are reasonable and spread markups on Standard accounts start from 1 pip on EUR/USD. Available leverage is up to 500:1. ACY Securities is authorized in Australia and Vanuatu. The broker provides extensive educational material and various tools for analysis. Moreover, the customer support provided is good and traders have access to MetaTrader 4 and MetaTrader 5 which are both reliable and proven platforms.