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ACY Securities Broker Review 2024

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ACY Securities Broker Review 2024
Economic Calendar Forex VPS
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Your Capital is at risk.

Investing and trading in financial markets such as the stock exchange, forex, digital currencies in the form of spot or with leverage face a high inherent risk. According to the statistics of all exchanges and brokers, more than 75% of people lose!

Overview
Company:ACY Securities
Founded:Australia
Min Deposit:50
Max Leverage:5000
Headquarter:Sydney, Australia
US Accepted:
About
ACY Securities, an ASIC- and VFSC-regulated broker founded in 2011, offers diverse trading options with high leverage and fast executions across multiple accounts. Despite benefits like various platforms and competitive spreads, it has mixed reviews, especially on ForexPeaceArmy, necessitating careful consideration.
Contact
Tower B, Level 18, 799 Pacific Hwy, Chatswood NSW 2067
Rank and Score
Pros and Cons
Account Types
Platforms
Pros
Negative Balance Protection
Variety In Trading Platforms
High Amount Of Tradable Instruments
ASIC Regulation Ensures High Level Of Security
Cons
Higher Minimum Deposits For Advanced Accounts
24/5 Support

ACY Securities is a financial markets broker established in 2011 with benefits such as offering over 2,200 trading instruments, leverage up to 1:5,000, and under 30ms executions.

Is this broker a good choice for trading Forex symbols? Let's review ACY Securities and its pros & cons comprehensively to find out!

ACY Securities
ACY Securities review: Pros & Cons and registration

Company Information & Regulation

ACY Securities is a multi-asset broker in the world of online trading. Based on the data from Crunchbase and official sources, this company with the legal name ACY Securities Pty Ltd. was Founded in 2011 and is headquartered in Sydneny, Australia. Regulating Bodies:

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

The company has two offices in these locations:

  • Tower B, Level 18, 799 Pacific Hwy, Chatswood NSW 2067
  • North Tower, Level 14, Suite 4, 80 Collins Street, Melbourne VIC 3000

Key Specifics

To give you a clear picture of what ACY Securities offers, here's a table summarizing its key specifics:

Broker

ACY Securities

Account Types

Standard, ProZero, Bespoke

Regulating Authorities

ASIC, VFSC

Based Currencies

USD, AUD, GBP, EUR, CAD, JPY, NZD

Minimum Deposit

$50

Deposit Methods

Credit/Debit Cards, E-wallets, Bank Wire Transfer, China Union Pay, BTC & USDT, Local Payment Methods (Varies by Region)

Withdrawal Methods

Credit/Debit Cards, E-wallets, Bank Wire Transfer, China Union Pay, BTC & USDT, Local Payment Methods (Varies by Region)

Minimum Order

0.01 Lot

Maximum Leverage

1:5000

Investment Options

Copy Trading

Trading Platforms & Apps

MetaTrader 4, MetaTrader 5, LogixTrader

Markets

Forex, Indices, Commodities, Stocks, ETFs, Crypto

Spread

From Zero on ProZero and Bespoke Accounts

Commission

From Zero on Standard Account

Orders Execution

STP

Margin Call/Stop Out

100%/50%

Trading Features

Economic Calendar, Forex VPS

Affiliate Program

Yes

Bonus & Promotions

30% Credit, 10% Credit

Islamic Account

Yes

PAMM Account

No

Customer Support Ways

Email, Live Chat, Phone Call, Ticket

Customer Support Hours

24/5

Trading Accounts: Features & Comparison

ACY Securities offers a range of account types to support different trading opinions and experience levels. Let's break down the main account types:

Account Type

Standard

ProZero

Bespoke

Min. Deposit

$50

$200

$10,000

Max. Leverage

1:5000 (via LogixTrader)

1:500

Min. Trading Volume

0.01 Lot

Each account type is tailored to meet specific trading needs, allowing traders to choose the one that best aligns with their strategy and goals. The Standard Account is perfect for those just starting out, while the Pro and Zero Accounts suits seasoned traders looking to optimize their trading costs.

Opening and Account and Verification on ACY Securities

Getting started with this company is a done with filling a form. Here's a quick guide to help you sign up your account:

  • Navigate to the brokerage's official website;
ACY securities registration
Click either of the specified buttons in the screenshot to start the registration
  • Click "Open an Account" or "Start Trading";
  • Provide your full name, email, phone number, and country of residence on the form;
  • Create a suitable and safe password;
  • Read and agree to the Privacy Policy;
  • Verify your email address by entering the received code.

Now, you have completed the registration with ACY Securities. For verification, you'll need to provide:

  • Proof of Identity (e.g., passport, driver's license)
  • Proof of Address (e.g., utility bill, bank statement)

Trading Platforms and Software

ACY Securities offers three trading platforms, one of them developed by its own team. In this section, we will take a quick look at each:

MetaTrader 4 (MT4): A very popular trading platform with customizable dashboard and advanced tools for charts and technical analysis

MetaTrader 5 (MT5): Next-generation platform for MT4 with Level II Pricing and 21 trading timeframes

LogixTrader: Proprietary trading platform, suitable for those looking for higher leverage and helpful features at the same time

Does ACY Securities Work with Fair Spreads and Commissions?

The broker offers a very competitive spreads and commissions model across its account types:

Account Type

Standard

ProZero

Bespoke

Spread

Variable

From 0 Pips

Trading Commission

Zero

$6 per Lot

$5 per Lot

There are no prices and costs other than for trading. In other words, there are no inactivity, deposit, and withdrawal fees.

Payment Methods and Options

ACY Securities provides an extensive variety of deposit and withdrawal options to cater to its global client base:

  • Credit/Debit Cards (Visa, Mastercard)
  • Bank Wire Transfer
  • E-wallets (Skrill, Neteller, Perfect Money, SticPay, and Bitwallet)
  • China Union Pay
  • Bitcoin and USDT
  • Local payment methods (varies by region)

The broker's diverse range of payment options ensures that traders from different regions can easily fund their accounts and withdraw their profits.

Copy Trading & Investment Methods for Passive Earning

Per our investigations on the website, the discussed broker does not provide any investment options directly. However, it does offer a copy trading service through its own website in the "SoFinX" platform and another website called "Tradingcup", with these benefits:

  • Advanced technology for copy trading in a smooth way
  • Transparent performance data on all traders
  • Enables becoming either a signal provider or a follower
Tradingcup of ACY Securities
Tradingcup: The copy trading platform of ACY Securities broker

ACY Securities Bonuses And Promotions

The broker, similar to some of its competitors, offers bonuses and promotions to new clients. However, it's important to note that these offers may vary depending on your region and are subject to change:

  • 30% Credit Bonus: Receive a 30% additional credit on up to $1,000 of your initial deposit on the broker.
  • 10% Credit on Deposit: Upon depositing between $2,000 to $50,000, a 10% credit bonus will be added to your account.

Always read the terms and conditions carefully before participating in any promotional offer. Remember that bonuses often come with specific trading volume requirements and other conditions that must be met before you can withdraw the bonus funds or associated profits.

How to Contact Support: When Are They Available?

Typically, there are three main channels to contact the support team on companies. ACY Securities provides these usual contact methods:

  • Live Chat: Through the official website for quick queries.
  • Email: For more detailed inquiries via support@acy.com.
  • Phone: +61291882999
  • Ticket: On the broker's website

Support is available in multiple language, but there's no 24/7 services offered by ACY Securities. This could be considered a drawback in the opinion of some traders.

Trust Ratings and Evaluations

ACY Securities has generally received both positive and negative reviews from traders and industry experts on websites such as Trustpilot and ForexPeaceArmy. Here's a summary of their trust scores and reviews:

  • Trustpilot: 6 out of 5 with more than 390 reviews and 75%+ five-star scores
  • ForexPeaceArmy: 8/5, based on 60 scores
ACY Securities ForexPeaceArmy
ACY Securities has received negative reviews on ForexPeaceArmy

While the positive scores outnumber the negative ones, it's important to conduct your own research and consider your personal trading needs when choosing a broker, especially with some complaints about the broker's services.

Conclusion And Final Words

ACY Securities serves as a multi-asset broker with benefits such as a proprietary platform called LogixTrader, 3 live account types, and a high-tier supervising authority which is ASIC.

However, there are some negative reviews and worrying complaints on accounts getting blocked. Also, some of the 5-star reviews on ForexPeaceArmy have been removed for allegedly being fake.

Therefore, we suggest you to proceed with extreme caution and conduct comprehensive research if you are considering ACY Securities.

FAQs

What is the minimum deposit for ACY Securities?

What is the minimum deposit for ACY Securities?

Does ACY Securities offer negative balance protection?

Yes, the broker provides this kind of protection for its clients.

What leverage does ACY Securities offer?

It offers leverage up to 1:5000, depending on the account type and instrument.

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