About ACY SECURITIES
Company Overview
ACY Securities Pty Ltd is an Australian-based forex and CFD broker founded on 5 September 2017. The company is headquartered in Australia and reports having 0 employees on its corporate records, which may indicate a small operational team. The broker presents itself as a provider of access to global financial markets, offering a wide range of instruments including forex, commodities, indices, cryptocurrencies, ETFs, shares, precious metals, and futures.
The broker operates under the brand name ACY Securities and is known for its high-leverage offerings and low-spread trading conditions. It caters to both retail and professional traders, with a minimum deposit of $50 and a maximum leverage of up to 1:5000.
Regulation and Safety
ACY Securities holds two regulatory licenses. The primary regulator is the Australian Securities and Investments Commission (ASIC), under a Market Making License (MM) with number 403863, classified as ‘Regulated’ in Australia. Additionally, the broker is regulated by the Financial Sector Conduct Authority (FSCA) in South Africa under a Derivatives Trading License (EP) with number 51008, also listed as ‘Regulated’.
While ASIC is a respected regulator with strict client money rules, the FSCA license is often considered less stringent. The combination of two licenses provides a degree of regulatory oversight, but traders should note that the broker’s corporate structure may involve multiple entities. The broker does not disclose segregated client accounts on its main information, but ASIC regulation typically requires such protection for Australian clients.
Account Types and Features
ACY Securities offers three account tiers to suit different trading styles and capital levels. The Basic account requires a minimum deposit of $50 and features zero commission trading. The Standard account requires a minimum deposit of $100, also with zero commission. For more active traders, the ProZero account starts at $200 and offers spreads from 0.0 pips with a commission of $3 per lot per side.
All accounts provide maximum leverage of up to 1:5000, which is extremely high and carries significant risk. The broker does not disclose minimum spreads for the Standard and Basic accounts in its public materials, but ProZero spreads are advertised from 0.0 pips. The leverage and spread structures are designed to appeal to scalpers and high-volume traders.
Trading Platforms and Instruments
Traders at ACY Securities can use the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, which are widely recognized for their advanced charting tools, automated trading capabilities, and fast execution. The broker claims to offer access to a diverse range of instruments: over 60 forex pairs, major indices, commodities, cryptocurrencies, ETFs, shares, precious metals, and futures.
The specific number of instruments is not detailed in the provided data, but the broker markets itself as a multi-asset provider. The use of MT4/MT5 ensures compatibility with Expert Advisors (EAs) and custom indicators, appealing to algorithmic traders.
Deposits and Withdrawals
ACY Securities supports several funding methods: Bitcoin, Neteller, Skrill, and VISA. The minimum deposit is $50, which is relatively low and beginner-friendly. The broker does not explicitly disclose withdrawal methods, but based on user reviews, withdrawals are processed to the same methods used for deposits.
According to positive reviews, withdrawals can be processed within 1 to 4 hours, though some negative reports mention delays of up to two weeks. The broker does not charge fees for deposits or withdrawals according to its marketing, but individual payment providers may impose their own fees.
Leverage and Fees
ACY Securities offers maximum leverage of 1:5000, which is among the highest in the industry. This allows traders to open large positions with a small capital outlay, but it also amplifies both gains and losses. The broker’s fee structure varies by account type: ProZero uses raw spreads from 0.0 pips plus a commission, while Standard and Basic accounts are commission-free with slightly wider spreads. The exact spread figures for non-ProZero accounts are not published in the provided data.
The broker also provides a range of risk management tools, including negative balance protection for some jurisdictions, but this is not specified for all regions. Overnight financing charges (swap rates) apply to positions held open past the daily rollover.
Client Suitability
ACY Securities is best suited for experienced traders who understand the risks of high leverage and are comfortable with the volatility of CFDs. The low minimum deposit makes it accessible to smaller traders, but the high leverage can quickly lead to margin calls. The broker’s emphasis on fast execution and low spreads appeals to day traders and scalpers.
Given the mixed user feedback, potential clients should conduct thorough due diligence, especially regarding withdrawal processes and platform reliability. The broker is not recommended for risk-averse traders or beginners who may be vulnerable to the aggressive marketing of high leverage.
Overview compiled by FXCanary from regulatory records and public data. full ACY SECURITIES review