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||SPREAD CO Availability|
|#||Accepts US traders||❌||❌|
|#||24 hour trading||❌||❌|
|#||Trading by phone||❌||❌|
|#||1st deposit bonus||❌||❌|
|#||Forex contests competitions||❌||❌|
|#||Interest charges on the balance||❌||❌|
|#||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 Spread Co.
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 Spread Co offers Currencies, Commodities, Indices, Stocks, Futures.
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 Spread Co regulated by FCA. 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 Spread Co 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 Spread Co offers Credit/Debit Cards, Skrill, 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 Spread Co offers Proprietary.
There’s no such thing as a perfect broker, but some are going to be a better fit for you than others.
Objectively, Spread Co is more reliable based on our criteria above. Only Spread Co offers demo account, allowing you to test their platform to see which is suitable for you. Only Spread Co provides training and education resources which is extremely critical to beginner traders who may not be familiar with most of what goes on in the Forex markets.
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.