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Do you want to know which is the better broker between MTrading and ACY Securities ?
In the table below, you can compare the features of MTrading , ACY Securities side by side to determine the best fit for your needs.
EURUSD:0.2
EURUSD:1.8
EURUSD:26.5
XAUUSD:26.29
EURUSD: -8.44 ~ -0.88
XAUUSD: -11.85 ~ -3.8
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You can determine the reliability and credibility of a broker by checking four factors:
1.Forex broker introduction。
2.Are the transaction costs and expenses of mtrading, acy-securities lower?
3.Which broker is safer?
4.Which broker provides better trading platform?
Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:
Broker Name | MTrading |
Registered in | Saint Kitts and Nevis |
Regulated by | NFA |
Year(s) of establishment | 5-10 years |
Trading instruments | Forex pairs, commodities, stocks, cryptocurrencies, indices |
Minimum Initial Deposit | $10 |
Maximum Leverage | 1:1000 |
Minimum spread | 0.0 pips onwards |
Trading platform | MT4 and its own mobile application |
Deposit and withdrawal method | electronic payment systems, bank cards, and wire transfer options |
Customer Service | Email, phone number, address, live chat |
Fraud Complaints Exposure | Yes |
Negative balance protection | Yes |
It is important to note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.
In this review, if there is a conflict between the image and the text content, the text content should prevail. However, we recommend that you open the official website for further consultation.
Pros:
Cons:
MTrading is a Market Making (MM) broker, which means that it acts as a counterparty to its clients in trading operations. That is, instead of connecting directly to the market, MTrading acts as an intermediary and takes the opposite position to its clients. As such, it can offer faster order execution speed, tighter spreads and greater flexibility in terms of the leverage offered. However, this also means that MTrading has a certain conflict of interest with their clients, as their profits come from the difference between the bid and ask price of assets, which could lead to them making decisions that are not necessarily in the best interests of their clients. It is important for traders to be aware of this dynamic when trading with MTrading or any other MM broker.
MTrading is a global forex and CFD broker that was established in 2013. It offers trading services to both retail and institutional clients. MTrading provides its clients with access to over 100 trading instruments, including forex, commodities, and indices, with flexible leverage options of up to 1:1000. The company offers three types of accounts to cater to different trading needs and experience levels. In addition to its trading services, MTrading also provides educational resources and copy trading capabilities to its clients.
In the following article, we will analyse the characteristics of this broker in all its dimensions, providing you with easy and well-organised information. If you are interested, read on.
MTrading is regulated by the National Futures Association (NFA) in the United States. The company holds a Common Financial Service License, with the license number 0555516. This license is issued to FINVEST SOLUTIONS LIMITED. The regulatory status of this license is currently listed as “General Registration.”
Advantages | Disadvantages |
Popular trading instruments are available | High risk associated with some of the trading instruments, such as cryptocurrencies |
Challenging for traders to conduct thorough analysis and risk management |
MTrading offers various trading instruments for traders to choose from. With access to currencies, stocks, cryptocurrencies, indices, commodities, and other highly liquid financial assets, traders have the opportunity to diversify their portfolios and take advantage of market trends across multiple markets. However, the limited information available about the trading instruments and their underlying assets may make it challenging for traders to conduct thorough analysis and risk management. Finally, traders should be aware of the high level of risk associated with some of the trading instruments, such as cryptocurrencies, which may not be suitable for all traders and can result in significant financial losses.
Advantages | Disadvantages |
Competitive spreads on all account types | Commission charged on the M.Pro account |
No commission charges on M.Cent and M.Premium accounts | |
Transparent trading specifications available for all accounts | |
Low minimum deposit requirements on all account types |
MTrading offers competitive spreads on all account types, ranging from 0 pips on the M.Pro account to 1 pip on the M.Cent and M.Premium accounts. The M.Cent and M.Premium accounts do not have any commission charges, while the M.Pro account charges a commission of 4USD per standard lot traded. The trading specifications are transparent and available for all accounts, allowing traders to make informed decisions based on the trading conditions. Another advantage is the low minimum deposit requirements on all account types, which makes trading accessible for a wider range of traders. However, the disadvantage of the commission charge on the M.Pro account may be a consideration for some traders.
Advantages | Disadvantages |
M.Cent account allows for micro lot trading, making it easy for beginners to start trading with just $10. | The low starting capital of M.Cent account means that there is a limit to how much profit can be made. |
M.Premium account offers over 100 trading instruments and requires a starting capital of just $100. | The limited account types offered by MTrading may not be suitable for all traders. |
M.Pro account provides access to zero spread trading with a commission of $4USD and requires a starting capital of $500. | The zero spread feature of M.Pro account comes with a commission which can increase trading costs. |
MTrading offers three different account types to cater to the needs of different types of traders. The M.Cent account is ideal for beginners who are just starting with trading and want to practice with micro lot trading, requiring a low minimum deposit of $10. The M.Premium account offers a wider range of trading instruments and is suitable for traders with some experience who want to trade with larger positions, asking a minimum deposit of $100. Finally, the M.Pro account is designed for more experienced traders who want to take advantage of zero spread trading with a commission of $4USD. This account requires a high minimum deposit of $500. Overall,low starting capital requirement of M.Cent and M.Premium accounts makes it easy for traders to start trading with MTrading.
Advantages | Disadvantages |
MT4 is a popular and widely used trading platform that is highly customizable and user-friendly | The company does not offer any other trading platforms besides MT4 |
MTrading also offers its own mobile trading application for convenient trading on-the-go | The mobile application may have limited features compared to the desktop version of MT4 |
MT4 supports a wide range of technical indicators, expert advisors, and algorithmic trading strategies | Some traders may prefer a more advanced platform with additional features and tools |
MT4 has a large and active online community, which provides access to a wealth of resources, such as forums, educational materials, and custom indicators | The platform may be overwhelming for new traders who are not familiar with its features and functionality |
MTrading offers its clients the popular MT4 platform, which is widely used and highly regarded by traders around the world. MT4 is a customizable and user-friendly platform that supports a wide range of technical indicators and trading strategies. The platform also has a large and active online community that provides access to a wealth of resources for traders. In addition, MTrading also offers its own mobile trading application, which provides convenience for traders who need to manage their trades on-the-go. However, some traders may prefer a more advanced platform with additional features and tools, and the mobile application may have limited features compared to the desktop version of MT4.
Here is a video about their own app on their official YouTube channel.
Advantages | Disadvantages |
High Leverage allows for potential higher profits with smaller capital | High leverage can magnify losses, leading to a larger risk of losing capital |
Traders can open larger positions with smaller amounts of funds | High leverage requires responsible risk management to avoid significant losses |
Leverage can offer more trading opportunities and flexibility | Overuse of leverage can lead to overtrading and emotional decision making |
MTrading offers a maximum leverage of up to 1:1000, which is significantly higher than what is typically offered by regulated brokers. While high leverage can offer traders the potential for higher profits with smaller amounts of funds, it can also magnify losses and increase the risk of losing capital. Traders must exercise responsible risk management and avoid overuse of leverage to avoid significant losses. High leverage can offer more trading opportunities and flexibility, but it also requires careful monitoring of positions and market movements. It is important for traders to have a solid understanding of leverage and its potential risks before using it in their trading strategy.
Advantages | Disadvantages |
Flexible deposit and withdrawal options | Limited options for certain regions |
Variety of electronic payment systems, bank cards, and wire transfer options | Some deposit and withdrawal methods may incur additional fees |
Convenient and fast processing time for deposits and withdrawals | Withdrawals may take longer for certain payment methods or in some cases due to regulatory requirements |
MTrading offers a wide range of flexible and convenient ways to deposit and withdraw funds. Clients can choose from a variety of electronic payment systems, bank cards, and wire transfer options to make deposits or withdrawals. The processing time for deposits is fast, and the withdrawal processing time depends on the payment method used, with some methods taking longer than others. However, there may be additional fees for certain deposit and withdrawal methods, and some regions may have limited options available. Overall, MTrading provides its clients with a convenient and reliable service for managing their funds.
Advantages | Disadvantages |
Comprehensive educational resources | No live webinars or educational courses |
Free access to articles, news, and technical analysis | Limited resources for beginner traders |
Educational resources updated regularly | Limited video resources |
MTrading provides a range of educational resources to help traders stay informed and improve their trading skills. The company offers free access to articles, news, and technical analysis, providing a comprehensive overview of the latest trends and market conditions. These resources are updated regularly to ensure traders are always up to date with the latest developments in the financial markets. However, MTrading doesn't offer live webinars or educational courses, which may limit the opportunities for beginner traders to learn and improve their skills. Additionally, the company has limited video resources, which may also be a disadvantage for some traders. Overall, the educational resources offered by MTrading are comprehensive and up to date, providing valuable insights and analysis for traders looking to stay informed and make informed trading decisions.
Advantages | Disadvantages |
Can be a time saver for beginner traders | May result in blindly following a strategy without understanding its rationale |
Allows access to experienced traders strategies and trades | Copy trading fees can be expensive and add up over time |
Reduces emotional trading by removing the need for constant decision making | Copy trading performance is highly dependent on the performance of the trader being copied |
Can be customized to fit individual risk preferences | Not all traders are available for copy trading |
No need for extensive market knowledge | Copy trading may not be suitable for all trading styles and preferences |
MTrading offers the copy trading feature, which allows traders to automatically replicate the trades of experienced traders on the platform. This feature can be beneficial for beginner traders who lack the necessary skills and knowledge to make profitable trades independently. Copy trading can be customized to fit individual risk preferences and can reduce emotional trading by removing the need for constant decision making. However, copy trading comes with its own set of disadvantages, such as blindly following a strategy without understanding its rationale, copy trading fees that can add up over time, and copy trading performance being highly dependent on the performance of the trader being copied. Therefore, traders need to carefully consider the pros and cons of copy trading before deciding to use this feature.
Advantages | Disadvantages |
Comprehensive FAQ section | Limited customer service channels |
Efficient social media presence | Response time may be slow due to high volume of inquiries |
Online chat available for assistance | Limited availability for personalized support |
There are only a few social media accounts, an online chat button, and an extensive FAQ section available for customer care on MTrading. While the FAQ section is detailed and informative, the lack of multiple contact options may not be enough for some clients who require immediate assistance. The support team's response time may be slow due to the large volume of requests.
MTrading appears to be an online broker that offers a wide range of trading instruments, flexible account types, and platforms suitable for both novice and experienced traders. The company also provides various educational resources such as articles, news, and technical analysis to assist traders in making informed decisions. The leverage offered by MTrading is also high, up to 1:1000, allowing traders to increase their potential profits. Overall, MTrading seems to be a good option for traders seeking a diverse range of trading options and educational resources.
What is the minimum deposit to open an account with MTrading?
The minimum deposit for M.Cent account is only $10, for M.Premium account is $100 and for M.Pro account is $500.
Is MTrading a good broker for beginners?
No, MTrading is not a good choice for beginners.
Does MTrading offer copy trading?
Yes, MTrading provides copy trading for its clients.
How can I deposit and withdraw funds with MTrading?
MTrading provides a variety of electronic payment systems, bank cards, and wire transfer options for deposit and withdrawal of funds. The company also allows internal transfers between accounts of its clients.
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.
ACY Securities Review Summary in 10 Points | |
Founded | 2011 |
Registered Country | Australia |
Regulation | (AUS) in Australia |
Market Instruments | Stocks, FX, Commodities, Indices, ETFs |
Demo Account | Available |
Leverage | 500:1 |
EUR/USD Spread | Low |
Trading Platforms | MT4, MT5 |
Minimum deposit | $50 |
Customer Support | 24/5 live chat, phone, email |
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.
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.
Pros | Cons |
• Strictly regulated in Australia | • Reports of severe slippage and withdrawal issues |
• Multiple trading assets and funding options | |
• Demo accounts available | |
• MT4 and MT5 supported | |
• Low minimum deposit ($50) | |
• Competitive spreads and commissions | |
• Trading tools and educational resources available | |
• Multiple communication channels available |
Note: These pros and cons are based on the information provided and may not be exhaustive.
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.
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.
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.
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.
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 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:
Broker | EUR/USD Spread | Commission |
ACY Securities | From 0.0 pips | No commission on Standard,$3/lot per side on ProZero, $2.5/lot per side on Bespoke |
RoboForex | From 0.0 pips | $20/lot per side |
Hantec Markets | From 1.2 pips | No commission |
Key Way Investments | From 0.7 pips | No commission |
Note: Spreads can vary depending on market conditions and volatility.
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:
Broker | Trading Platforms |
ACY Securities | MT4, MT5 |
RoboForex | MT4, MT5, cTrader |
Hantec Markets | MT4, WebTrader |
Key Way Investments | MT4, WebTrader |
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.
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 | Most other | |
Minimum Deposit | $50 | $100 |
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:
Broker | Deposit Fees | Withdrawal Fees |
ACY Securities | Free for most methods | 3 free withdrawals/month, then $25 |
RoboForex | Free for most methods | Depends on the method and country |
Hantec Markets | Free for most methods | Depends on the method and country |
Key Way Investments | Free for most methods | Depends on the method and country |
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.
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.
Pros | Cons |
• Multi-channel support | • No 24/7 customer support |
• Live chat support | • Some users have reported difficulties resolving issues with customer service |
• FAQ section available | |
• Social networks updated |
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.
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.
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.
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.
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.
To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).
To get a comprehensive understanding of how cheap or expensive mtrading and acy-securities are, we first considered common fees for standard accounts. On mtrading, the average spread for the EUR/USD currency pair is from 1 pips, while on acy-securities the spread is --.
To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.
mtrading is regulated by NFA. acy-securities is regulated by ASIC,ASIC.
When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.
mtrading provides trading platform including M.Cent Account,M. Premium Account,M. Pro Account and trading variety including currency pairs (majors, minors and exotics), spot metal CFDs. acy-securities provides trading platform including Bespoke,ProZero,Standard and trading variety including --.