Recommended for: forex trading 4.2/5
Trusted broker: Regulated by top-tier financial authorities
ACY Securities is an Australian brokerage firm specializing in Forex and CFD trading. With a user-friendly platform, ACY Securities empowers both novice and experienced traders, catering to both retail and corporate clients. Offering a wide range of financial instruments such as forex, shares, indices, commodities, ETFs, and Precious Metals, the company provides a comprehensive trading experience accessible to clients worldwide.
In line with its commitment to global accessibility, ACY Securities operates through its online platform, ensuring traders from all corners of the world can participate in the financial markets. By leveraging advanced technology, the platform grants users access to real-time market data, equips them with essential technical analysis tools, and enables them to execute trades directly within the platform. Whether clients are seeking to stay updated on market trends or actively engage in trading, ACY Securities delivers the necessary resources to make informed decisions and execute trades efficiently.
Moreover, ACY Securities expands its services beyond Australia, establishing additional offices in Shanghai and Shenzhen, China. This strategic move brings enhanced convenience and localized support to customers in the region, further reinforcing the company’s commitment to providing efficient and reliable trading services. The combination of their Australian headquarters and Chinese presence positions ACY Securities to serve a diverse range of traders with personalized solutions tailored to their unique needs and preferences.
To ensure a seamless trading experience, ACY Securities employs the No Dealing Desk model, enabling traders to execute trades without intervention from dealers. By removing requote-related challenges, ACY Securities delivers streamlined and efficient trading processes. Clients can benefit from competitive forex spreads, high transaction speeds, and low latency, creating an optimal environment for executing trades with precision and agility.
So in a nutshell, ACY Securities stands as a reputable Australian brokerage firm, offering a robust online platform that accommodates traders worldwide. With a diverse range of financial instruments, real-time market data, and direct trade execution capabilities, ACY Securities empowers traders of all levels. Furthermore, their presence in China and adherence to the No Dealing Desk model ensure enhanced customer service and seamless trading experiences, underlining their commitment to delivering efficient, reliable, and customer-centric solutions.
Pros & Cons
Pros
- Reputable Broker with a Good Establishment
- Global Coverage
- Good Instrument Range
- Low Spreads and Fee
Cons
- Conditions and market offerings vary depending on the entity
- Market range limited to FX and CFDs
- No 24/7 Support
- Education Section needs Improvement
Seamless and Digital Account Opening Process
Opening an account with ACY Securities is a breeze, thanks to their fully digital process. It takes just a few minutes to complete the necessary steps, and the verification of your account is typically completed within one business day.
Convenient and Mostly Free Transactions
ACY Securities offers a wide range of deposit and withdrawal options, most of which are free of charge. You can choose from methods such as bank transfers, credit cards, and various e-wallets to fund your account or withdraw your funds. It’s important to note that minor currencies are not supported in these transactions.
Customizable and Multilingual Platform
Utilize ACY Securities’ own web trading platform, the ACY Securities platform. This highly customizable platform allows you to personalize your trading experience according to your preferences. Additionally, the platform supports multiple languages, ensuring accessibility for traders from diverse backgrounds. You can also access a clear fee report, which helps you keep track of your trading costs. However, price alerts are not currently available on this platform.
User-Friendly and Well-Designed Mobile App
For traders on the go, ACY Securities offers a fantastic mobile trading platform. With its intuitive design and user-friendly interface, you can easily navigate through the app. The inclusion of a robust search function enhances your trading experience by allowing quick access to specific assets. It’s worth noting that while the mobile app provides convenience, it lacks additional security measures like a safer two-step login and price alerts.
Highly Customizable Desktop Platform
Utilize the MetaTrader desktop trading platform provided by ACY Securities. This versatile platform allows for extensive customization, enabling traders to personalize their workspace. The platform provides a clear fee report and includes price alerts, helping you stay informed about market movements. However, it’s important to note that the platform lacks a two-step login feature and its design may appear outdated to some traders.
Diverse Range of Trading Opportunities
ACY Securities offers a wide range of trading options, including forex and various CFDs, including cryptocurrencies. This allows traders to explore different markets and diversify their investment portfolios.
User-Friendly Research Tools
Benefit from ACY Securities’ selection of research tools, which are designed to be user-friendly. The charting and technical analysis tools, including APIs, are highly regarded and provide valuable insights. However, it’s important to note that the platform does not offer trading ideas or fundamental data.
Responsive Customer Support Channels
ACY Securities offers multiple customer service channels to address your inquiries. The live chat feature provides fast and relevant assistance, while emails are typically answered within a day. However, it’s worth mentioning that customer support is not available 24/7, which may impact immediate assistance outside of regular business hours.
Comprehensive Educational Resources
Enhance your trading knowledge with ACY Securities’ extensive educational content. Access webinars, manuals, and a demo account to practice and refine your skills. Additionally, the option for one-on-one training allows you to engage in personal conversations with industry experts, gaining valuable insights and guidance.
Regulated and Compliant Brokerage
ACY Securities operates under the regulation of several financial authorities, including the esteemed FCA. This regulatory oversight ensures that the company adheres to industry standards and practices. However, it’s important to note that ACY Securities is not publicly listed on any stock exchange, and its financial information is not readily available to the public.
ACY Securities has low fees and average non-trading fees. As a plus, it charges no deposit and withdrawal fees in most cases.
