ACY Securities Review 2019 | Is ACY Securities a Scam or Legit Forex Broker?

Read our ACY Securities review to find out if ACY Securities is a scam or a reliable forex broker. Unbiased Forex brokers reviews combined with user comments.

Average broker rating

3.5/ 5

Rating breakdown

Protection & Regulations
60% Complete (danger)
3.0/5
Trading platforms
80% Complete (danger)
4.0/5
Tradable Products
100% Complete (danger)
5.0/5
Deposit and withdrawal
100% Complete (danger)
5.0/5
Trading Fees
20% Complete (danger)
1.0/5
Support
60% Complete (danger)
3.0/5
ACY Securities
ACY Securities Overview

ACY Securities is a Forex ECN and CFD broker regulated by the Australian Securities and Investments Commission (ASIC), offering to trade on 63 tradable assets across Forex, Indices, Commodities and Cryptocurrencies on MetaTrader 4 for Desktop, Web and Mobile.

# Broker's Features ACY SECURITIES Availability
# Commissions
# Hedging
# PAMM
# Scalping
# Accepts US traders
# 24 hour trading
# Swaps
# Demo account
# Daily analysis
# Automated trading
# Mobile trading
# Trading by phone
# 1st deposit bonus
# Forex contests competitions
# Bonuses Promotions
# Interest charges on the balance
# Free education
# Expert advisors
# Partnership programs
# Trust management
# 24 hour support

The variety of online brokers on the internet is very huge, so it is necessary to do a transparent review and comparison of the companies. After spending several days researching different forex brokers for trading FX, our team at onlineforextrading.net team collected over 50 data points. For this review, we will review ACY Securities.

Financial Trading and Investment Services: First of all, you should know which financial instrument you want to trade and then searching for the right broker. This can be stocks, forex, CFDs, cryptocurrencies or options. ACY Securities offers Online Financial Trading and Investment Services Such as Currencies, Commodities, Indices, Crypto, Futures.

Tradable Products: ACY Securities offers clients to trade on 63 tradable assets across Forex ECN, Indices, Cryptocurrencies and on Commodities in Energy and Metals. Currently, they do not offer any Stocks.

Minimum Deposit Requirement: To properly understand if a broker is suitable for a certain trader, we will then take a look at how much is required as a basic minimum to open an account. You need to consider how much money you can spare to start off a Forex brokerage. ACY Securities recommended minimum capital is $100.

Is the Forex broker regulated? Commissions and fees aside, let's take a look at regulation. Trust is critical, and you should highly consider choosing a broker that regulated in a major hub. ACY Securities is regulated by ASIC. For our reviews, official regulation of an official financial authoritarian is required. Brokers have to fulfill certain conditions to get these licenses. In order to violate the rules, they would lose their license and a lot of money.

Investor Protection & Regulations: ACY Securities is regulated by the Australian Securities and Investments Commission (ASIC), is a member of the Australian Financial Complaints Authority and offers segregated client funds held with Commonwealth Bank of Australian or HSBC Bank.

Languages Available: Next lets have a look at each broker's different Language options. ACY Securities offers Chinese, English, Vietnamese.

Payment methods: Next lets have a look at each broker's payment options. ACY Securities offers China UnionPay, Credit Card, Local Transfer, Neteller, PayPal, Skrill different payment methods for each account types.

Deposit and withdrawal: ACY Securities offers a variety of ways to deposit and withdraw funds using Wire Transfer (both local and international), Credit Card and Debit Card, Skrill, Doku Wallet and China Union Pay.

Trading platforms: Next, let's look at the tools and features fx traders desire. With trading platforms, ACY Securities makes MetaTrader 4 available to clients.

Web & Desktop Trading Platforms: ACY Securities offers traders the ability to trade on globally-recognised MetaTrader 4 for Desktop and Web.
Mobile Trading Platforms: ACY Securities offers the MetaTrader 4 mobile trading app directly from the Google Playstore or Apple’s App Store to trade on Android and iOS operating systems.

Other

Trader Education
ACY Securities offers a range of trader education services such as Seminars and Webinars, E-books and a Trading Course.

Promotions
Currently, ACY Securities does not offer any bonus or promotions but does offer the Asia Cup trading contest.

Support
ACY Securities offer 24 hours a day, 5 days a week customer support via Live Chat, Phone, Email and an Online Contact Form, across multiple languages.

Recup
ACY Securities is an ASIC regulated broker offer trading on 63 different instruments across Forex ECN and CFD trading on Indices, Commodities and Cryptocurrencies on the MetaTrader 4 platform. The broker offers 3 types of trading accounts with a mixture of commission-based and commission-free trading.

Final Thoughts
The broker lacks the quality of the service. There are not many trading instruments available with the broker, the spreads are high and there is a big difference between the spreads for each type of account.

Trading Experience
ACY Securities provides an interesting offering for both beginner and advanced traders to access Forex ECN markets and CFD trading on Indices, Commodities and Cryptocurrencies on the MetaTrader 4 trading platform.

People Also Asked

Is ACY Securities regulated?
Yes, ACY Securities is regulated by top-tier regulators, ASIC inclusive.
Where is ACY Securities based?
ACY Securities is based in N/A
How does ACY Securities make money?
ACY Securities charges a spread between the bid price and ask price. It does NOT charges a commission.
How do I deposit in ACY Securities account?
With ACY Securities you can deposit money via the following means; China UnionPay, Credit Card, Local Transfer, Neteller, PayPal, Skrill.
How do I withdrawal in ACY Securities account?
ACY Securities lets you request a withdrawal of funds from your account via the following means; China UnionPay, Credit Card, Local Transfer, Netel.
What is the minimum deposit for ACY Securities?
ACY Securities has $100 minimum deposit.
What are the available account base currencies with ACY Securities?
ACY Securities trading accounts are offered in N/A. If your country's currency isn't included in the list, you will need to open an account with another currency base.
What is the max leverage in ACY Securities?
ACY Securities has a maximum leverage is 1:500 for professional traders.
How do I open an account with ACY Securities?
Opening an account with ACY Securities is a three-step process. First fill out the registration form, second is to send verification details to the verification department and lastly is to fund your account.
Does ACY Securities use MetaTrader?
ACY Securities platforms: Yes, ACY Securities use MetaTrader as well as the following platforms: MetaTrader 4
What type of broker is ACY Securities?
ACY Securities appears to be a N/A broker which offers market access to a variety of traders.
Does ACY Securities accept US clients?
No
Does ACY Securities offers Islamic accounts ?
Yes
What financial instruments can I trade?
You can trade a wide variety of instruments with ACY Securities: You can trade a wide variety of instruments with ACY Securities: Currencies, Commodities, Indices, Crypto, Futures