Compare forex brokers ACY Securities VS Forexct
If you're choosing between ACY Securities and Forexct forex brokers, we've compared hundreds of data points side-by-side to make finding the right broker for you easier. Is ACY Securities better than Forexct? After assessing the two forex brokers on nearly 50 different variables, we would be able to get into an informed conclusion.ACY SECURITIES VS FOREXCT
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.
ForexCT Overview
ForexCT is an Australian fixed spread broker that offers Forex and CFDs for trading over the internet. With a minimum deposit of $500, a maximum leverage of 1:400 and dealing spreads starting at 2 pips.
| # | Broker's Features | ACY SECURITIES Availability | FOREXCT 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 compare ACY Securities vs Forexct.
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, Cryptocurrency, Futures, while Forexct offers Currencies, Commodities, Indices, Stocks, Cryptocurrency, Futures.
Broker Type: Many types of brokers can be found in the most dynamic market in the world. ACY Securities is , while Forexct is Market Maker.
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, while Forexct 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.
Languages Available: Next lets have a look at each broker's different Language options. ACY Securities offers Chinese, English, Vietnamese, while Forexct offers English Customer Support Languages.
Payment methods: Next lets have a look at each broker's payment options. ACY Securities offers China UnionPay, Credit/Debit Cards, Local Transfer, Neteller, PayPal, Skrill different payment methods for each account types, while Forexct offers Credit/Debit Cards, Bank Wire Transfer payment methods.
Trading platforms: Next, let's look at the tools and features fx traders desire. With trading platforms, ACY Securities makes MT4 available to clients, while Forexct offers PROfit.
The Verdict: ACY Securities or Forexct?
There’s no such thing as a perfect broker, but some are going to be a better fit for you than others.
Objectively, Forexct is more reliable based on our criteria above. Only Forexct offers demo account, allowing you to test their platform to see which is suitable for you. Forexct has a wider range of instruments to trade giving you the flexibility to get access and exposure to a wide range of markets. As a market maker, Forexct may have lower entry requirements compared to an ECN broker who benefits from a higher volume of trades and typically has larger capital and minimum trade requirements. Market makers typically have a lower minimum deposit, smaller minimum trade requirements and no commission on trades.
Finally, if you're really not sure you can always use our free tool (takes 15 seconds) that will help you find a suitable Personalised Broker based on your precise requirements here.