What is ACY Securities？

ACY Securities is a multi-financial broker regulated by the Commonwealth of Australia Regulatory Authority (AUS) in Australia. Since 2011, the company has relied on its keen insight into the market, effective demand management, client-oriented & advanced technology, and perfect educational resources to help more institutional participants and retail traders integrate into the ever-changing financial derivatives industry.

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.

Pros & Cons

ACY Securities offers a comprehensive trading experience with access to multiple assets through the industry-standard MT4/MT5 platforms. It shines in stringent regulation in Australia, low minimum deposits required, competitive spreads and commissions, trading tools, educational resources, and more. However, some traders have reported issues with severe slippage and withdrawals. While ACY provides demo accounts for practice, it's crucial to evaluate the potential drawbacks alongside the benefits before committing to a live account.

Note: These pros and cons are based on the information provided and may not be exhaustive.

ACY Securities Alternative Brokers

There are many alternative brokers to ACY Securities depending on the specific needs and preferences of the trader. Some popular options include:

RoboForex - A reliable broker with a wide range of trading platforms, but with high fees and a limited product portfolio.

Hantec Markets - A good choice for experienced traders seeking a range of markets and trading platforms, but with limited educational resources and high fees.

Key Way Investments - A decent broker for beginners with a strong focus on education and low fees, but with a limited product range and average customer service.

Ultimately, the best broker for an individual trader will depend on their specific trading style, preferences, and needs.

Is ACY Securities Safe？

Currently, ACY Securities has two entities regulated by the Commonwealth of Australia Regulatory Authority (AUS) in Australia. The only difference lies in license type: ACY SECURITIES PTY LTD holds a Maket Making license under license no. 403863 and ACY CAPITAL PTY LTD holds a STP license under license no.474738.

Market Instruments

ACY Securities offers access to over 2200+ trading instruments, covering Forex, Indices, Commodities, Cryptocurrencies, ETFs, Shares as well as Futures. This allows traders to diversify their trading portfolio and take advantage of different market conditions. With so many options, traders can find opportunities in multiple asset classes and take positions based on their trading strategies. The variety of instruments offered by ACY Securities makes it a versatile platform for traders looking for diverse opportunities in the financial markets.

Accounts

In terms of accounts offered, both demo accounts and live trading accounts are available on the ACY Securities platform.

Demo Accounts

ACY Securities demo accounts are funded with $100,000 in virtual funds, replicating the real trading experience. Traders can access over 2,200 tradable assets through the industry-standard MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, allowing them to familiarize themselves with the platform's features and functionalities before committing real capital.

Live Trading Accounts

For live trading accounts, ACY Securities presents three options: Standard, ProZero, and Bespoke. The Standard account requires an initial minimum deposit of $50, with subsequent minimum deposits set at $50 as well. Both the ProZero and Bespoke accounts mandate a higher initial minimum deposit of $200 and $10,000, respectively. Regardless of the account type, all three options allow traders to open positions with a minimum trading volume of 0.01 lot. Notably, while the Standard account offers swap-free (Islamic) trading, this feature is not available for ProZero and Bespoke accounts.

All account base currencies are available in USD, AUD, EUR, GBP, NZD, CAD, JPY, targeting traders from a broader range of areas.

Leverage

ACY Securities currently provides 50:1, 100:1, 200:1, 300:1, 400:1, and 500:1 leverage to meet investors' various needs. The maximum leverage for commodities and precious metals is 1:500, the stock index is 1:100, and for share CFDs is 1:25.

While leverage can amplify potential profits, it also increases the risk of significant losses. Therefore, it's important for traders to understand the risks involved and use leverage responsibly, especially for beginner traders who should start with lower leverage until they gain more experience.

Spreads & Commissions

Spreads and commissions with ACY Securities are scaled with the accounts offered. Specifically, the spread is variable on the Standard account, and from 0.0 pips on the ProZero and Bespoke accounts.

Note that the ProZero and Bespoke accounts have a commission-based pricing structure, which means that while the spreads can be tighter, traders need to pay a commission on top of the spread. Specifically, $3 per lot per side on the Bespoke account, 2.5/lot per side on the Bespoke account. In contrast, there is no commission charged for the Standard account.

Below is a comparison table about spreads and commissions charged by different brokers:

Note: Spreads can vary depending on market conditions and volatility.

Trading Platforms

ACY Securities provides clients with the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms for desktop, mobile, and web. These platforms are renowned for their user-friendly interfaces and advanced charting capabilities, as well as their extensive range of technical indicators and trading tools.

With MT4 and MT5, traders can customize their trading experience to suit their individual needs, and execute trades quickly and efficiently. The mobile and web versions of the platforms allow traders to access their accounts on-the-go, ensuring that they can always stay up-to-date with market conditions and execute trades at their convenience.

Overall, the availability of these well-established trading platforms can be a significant advantage for traders who are looking for a reliable and versatile trading experience.

See the trading platform comparison table below:

Trading Tools

ACY Securities offers a variety of trading tools to enhance clients' trading experience. Capitalise.ai is a trading automation platform that enables traders to automate their strategies using natural language. MetaTrader Scripts are designed to help traders automate some repetitive actions in the MT4 and MT5 platforms, such as opening multiple orders or closing all positions at once.

Signal Start is a platform that provides signals from third-party signal providers, which traders can use to make informed trading decisions. Forex VPS is a virtual private server service that allows traders to run their trading platform and expert advisors (EAs) 24/7 without interruptions. With these trading tools, traders can optimize their trading strategies, improve efficiency, and potentially increase profitability.

Deposits & Withdrawals

ACY Securities offers approximately 20 funding options including China Union Pay, QR codes, credit/debit cards, e-wallets (PayTrust, DragonPay, Skrill, Neteller), bank transfers, and cryptocurrencies (USDT, BTC, ETH). Minimum deposits range from $50 to $1,000 depending on the method. No deposit fees are charged, and processing time is typically within 24 hours. The platform targeting traders globally with multi-currency support.

ACY Securities minimum deposit vs other brokers

You can make 3 free withdrawals per month, and after that, you will be charged $25 per withdrawal in your base currency, or you can wait for the new month to get your free withdrawals again. The amount you withdraw must be the same as the deposit, and you must withdraw within 20 days of the transaction.

ACY Securities processes withdrawal requests on the same day if received before 16:00 AEST; requests received after that time will be processed on the next business day. The speed of receiving and clearing funds depends on the withdrawal method chosen. Bank transfers take 2-3 business days, while card withdrawals take 3-5 business days.

See the deposit/withdrawal fee comparison table below:

Please note that the fees may vary depending on the specific payment method used and the country of the trader. It is important to check the broker's website for the most up-to-date information on fees and charges.

Customer Service

ACY Securities provides multiple channels for clients to get in touch 24/5, including phone, email, live chat, and an online messaging system. Clients can also follow the broker on various social media platforms such as Twitter, Facebook, Instagram, YouTube, LinkedIn, and TikTok. In addition, an FAQ section is available on the website to answer common questions. Overall, ACY Securities' customer service is considered reliable and responsive, with various options available for traders to seek assistance.

Note that these pros and cons are based on user feedback and experiences, and may not necessarily be representative of everyone's experience with ACY Securities' customer service.

Education

ACY Securities places great emphasis on forex education, providing a wide range of learning resources to help traders improve their trading skills and strategies. The broker offers a variety of educational materials, including webinars, e-books, and premium training resources, catering to traders at all levels, from beginners to experienced professionals.

The Market Analysis Webinar provides insight into market trends and helps traders stay up to date with the latest news and events affecting the forex market. The Forex E-books are comprehensive guides that cover various trading strategies, tools, and techniques. The Premium Training Resources are designed to provide traders with personalized education tailored to their individual needs, helping them gain a deeper understanding of the forex market and improve their trading performance.

Conclusion

As a whole, ACY Securities is a regulated and reputable broker that offers a wide range of trading instruments, multiple account types, and various trading platforms. The broker also provides traders with educational resources, trading tools, and excellent customer support. However, there have been some reports of slippage and withdrawal issues, which should be taken into consideration.

ACY Securities may be a suitable broker for experienced traders looking for a diverse range of trading options and strong support, but potential investors should be aware of the risks involved and exercise caution before investing.

Frequently Asked Questions (FAQs)

Is ACY Securities regulated？

Yes. It is regulated by the (AUS) in Australia.

Does ACY Securities offer demo accounts？

Yes. Demo accounts funded with $100, 000 in virtual funds are offered.

Does ACY Securities offer the industry-standard MT4 & MT5？

Yes. Both MT4 and MT5 are available.

What is the minimum deposit for ACY Securities？

The minimum initial deposit to start trading is $50.

Is ACY Securities a good broker for beginners？

No. ACY Securities is not a good choice for beginners. Though it advertises very well, there are too many complaints on the Internet.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information & Regulation

In 2005, Across FX Co., Ltd. was established and registered as a financial futures trader in November and joined the Financial Futures Association, and in August 2007, started dealing in “Zero FX” and in September 2007, registered as a financial instruments business operator, and moved its headquarters from Minato-ku, Shiba to Akasaka. In 2008, the name of the company was changed to JFX Co, Ltd. In 2010, JFX started to handle foreign exchange margin trading “MATRIX TRADER,” and in May of the same year, JFX started to provide an iPhone version of the application. 2011, the number of digits displayed in the JFX exchange rate was increased, and in November of the same year, the immediate withdrawal service was started. In 2014, JFX started processing binary options trades, and in July of the same year, the iPhone version of the application became available. JFX is currently regulated by the Financial Services Agency of Japan (Regulation No. 1010001123038).

Market Instruments

JFX offers investors access to the most popular currency pairs in the foreign exchange market, such as EURJPY, EURAUD, USDCAD, EURGBP, and more. Besides, information on other trading assets is not known at this time.

Minimum Deposit

JFX requires no minimum deposit for opening an account, therefore, traders can fund their account any amount to start trading.

Spreads & Commissions

The spreads are 0.4 pips for EURJPY, 1.5 pips for CADJPY, 1.6 pips for CHFJPY, 0.8 pips for EURGBP, 1.5 pips for USDCHF, 1.4 pips for EURAUD, 1.4 pips for GBP/AUD, and 1.8 pips for USDCAD.

Leverage

The maximum leverage available at JFX is up to 1:25 according to the Japanese Laws.

Trading Platforms

JFX offers traders the most popular MT4 trading platform on the market. MT4 trading platform is the gold standard in the forex trading industry with powerful charting tools, as well as a large number of technical indicators, support for automated trading, and EA's. Additionally, there is the MATRIX TRADER trading platform available for traders to use.

Deposit and Withdrawal

For traders to deposit and withdraw funds, JFX offers four different methods, namely Quick Deposit, Bank Transfer, Real-time Withdrawal, and Standard Withdrawal. Quick Deposit is an online deposit service for those clients who have an internet banking contract with a JFX affiliated financial institution. Bank Transfer means that investors can transfer funds directly from a bank counter, ATM, or internet banking to an account designated by JFX.

Customer Support

Clients with any inquries or trading-related issues, they can go to the FAQ section to look for some answers, and if they need staff service, they can get in touch with JFX through the following contact channels:

Telephone: 03-5541-6410

Email: kujyo@jfx.co.jp

Pros & Cons of JFX