Compare forex brokers ACY Securities VS Hugofx

If you're choosing between ACY Securities and Hugofx 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 Hugofx? After assessing the two forex brokers on nearly 50 different variables, we would be able to get into an informed conclusion.

ACY SECURITIES VS HUGOFX

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.

HugoFX
HugoFX Overview

HugoFX, sometimes also referred to as Hugo’s Way FX, is a relatively new forex & CFD broker registered in the Seychelles in 2017. Although the Seychelles generally regulates forex brokers through the Seychelles Financial Services Authority (SFSA), Hugo FX is one of many unregulated forex brokers that operate out of the country in what appears to be a regulatory grey area. Hugo’s Way is a new competitor in the social trading sphere. The space is fairly crowded with services like MyFxBook’s Autotrade, Zulutrade and eToro. That being said, Hugo’s way is still in “beta” - the company is not fully operational and we will have to update this review in the future.

# Broker's Features ACY SECURITIES Availability HUGOFX 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 Hugofx.

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 Hugofx offers Gold, Silver, Other Precious Metals, Stocks, Stock Indexes, Oil, Other Commodities, Cryptocurrencycurrency.

Broker Type: Many types of brokers can be found in the most dynamic market in the world. ACY Securities is , while Hugofx is ECN, STP.

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 Hugofx regulated by Not regulated. 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 Hugofx offers 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 Hugofx offers Credit/Debit Cards, Bitcoin, Bank 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 Hugofx offers MT4, Web-trader.

The Verdict: ACY Securities or Hugofx?

There’s no such thing as a perfect broker, but some are going to be a better fit for you than others.

Objectively, Hugofx is more reliable based on our criteria above. Only Hugofx offers demo account, allowing you to test their platform to see which is suitable for you. Hugofx has a wider range of instruments to trade giving you the flexibility to get access and exposure to a wide range of markets. Hugofx offers a wider range of platforms making it easier for the traders to choose one that matches their needs most. As Hugofx offer STP execution, you can expect tighter spreads with more transparency over the price you‘re paying to execute your 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.

Are you Satisfied with what They Offer?