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.
IQ Option Europe Ltd is regulated by the Cyprus Securities and Exchange Commission (CySEC) and offers trading on more than 345+ tradable assets across Forex, Stocks, Commodities, Cryptocurrencies and ETFs via CFDs and Binary Options on their own unique, proprietary trading platform for PC, Mac, Android and iOS operating systems.
|#||Broker's Features||IQOPTION Availability||ACY SECURITIES 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 IQOption vs 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. IQOption offers Online Financial Trading and Investment Services Such as Currencies, Commodities, Indices, Stocks, Cryptocurrency, Options, while Acy Securities offers Currencies, Commodities, Indices, Cryptocurrency, Futures.
Broker Type: Many types of brokers can be found in the most dynamic market in the world. IQOption is Dealing Desk, Market Maker, while Acy Securities is .
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. IQOption is regulated by CySEC, while Acy Securities 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. IQOption offers Arabic, Azerbaijani, Chinese, French, German, Hind, while Acy Securities offers Chinese, English, Vietnamese Customer Support Languages.
Payment methods: Next lets have a look at each broker's payment options. IQOption offers different payment methods for each account types, while Acy Securities offers China UnionPay, Credit/Debit Cards, Local Transfer, Neteller, PayPal, Skrill payment methods.
Trading platforms: Next, let's look at the tools and features fx traders desire. With trading platforms, IQOption makes Proprietary available to clients, while Acy Securities offers MT4.
There’s no such thing as a perfect broker, but some are going to be a better fit for you than others.
Objectively, IQOption is more reliable based on our criteria above. Only IQOption offers demo account, allowing you to test their platform to see which is suitable for you. IQOption has a wider range of instruments to trade giving you the flexibility to get access and exposure to a wide range of markets. Customer service in your national language might not be a major concern for traders based in English-speaking countries, but it is a defining requirement for traders from other regions such as Asia and South America. IQOption has a wider range of languages in which customer service is offered making the broker more accessible. As a market maker, IQOption 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.