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Trade Forex Presents: ACY Securities – A Comprehensive Review
Introduction to ACY Securities
ACY Securities, headquartered in Sydney, Australia, has been providing Forex and CFD trading services since 2011. Beyond its core offerings, ACY Securities stands out by offering extensive training in various trading methods and strategies, catering to both novice and experienced traders.
Partnership with OANDA and Global Presence
Since its inception, ACY Securities has forged a strategic partnership with OANDA, one of the world’s largest Forex brokers. This partnership enhances the educational aspect of ACY Securities, providing traders with valuable insights and resources. The company has also expanded its global reach with additional offices in China, Taiwan, and Malaysia, further enhancing its commitment to efficient customer service.
Business Model: NDD Execution
ACY Securities follows a No Dealing Desk (NDD) model, ensuring transparent execution without dealer intervention or requotes. Traders benefit from real-time prices with narrow currency spreads, high-speed execution, and minimal latency, creating a conducive trading environment.
Regulation and Safety Measures
Regulated by the Australian Securities and Investments Commission (ASIC), ACY Securities adheres to strict regulatory standards. Client funds are held in segregated accounts in top-tier banks, guaranteeing their protection from unauthorized use. Additionally, the broker complies with stringent rules concerning transactions and payments, ensuring a reliable trading experience. Impressively, ACY Securities offers professional liability insurance of up to $2.5 million for any claim, adding an extra layer of security for traders.
Leverage: Up to 1:500
Traders at ACY Securities can enjoy a high level of leverage, with ratios reaching up to 1:500. This is made possible by ASIC’s regulatory framework, which still permits such leverage levels.
Trading Account Options
ACY Securities offers four distinct types of trading accounts, allowing traders to select either a spread-based account or a commission-based one:
- stpECN: An ECN account featuring narrow spreads and no commissions for MT4. Some accounts come with no swap fees.
- zeroECN: Another ECN account offering spreads starting from 0 pips, with a $6 per lot commission for MT4 trading.
- MT5 Xchange: Designed for trading stocks on the MT5 platform.
- pureECN: A VIP account with zero spreads and a reduced $5 per lot commission.
Trading Instruments
With over 60 currency pairs for Forex trading, CFDs on gold and silver with narrow spreads and no commissions, and CFDs on stocks and indices, ACY Securities provides a diverse range of trading instruments. The ECN/STP execution model ensures competitive pricing, with an average EURUSD spread of just 0.8 pips.
Trading Platforms: MT4 and MT5
ACY Securities primarily offers the popular MetaTrader 4 (MT4) trading platform, renowned for its one-click trading, support for automated trading systems (including expert advisors), risk management tools, and other powerful features. Additionally, ACY Securities supports MetaTrader 5 (MT5), which offers even more advanced trading capabilities and a competitive environment for various trading strategies.
Minimum Deposit
The minimum deposit requirement varies depending on the type of account chosen. However, a standard account at ACY Securities only requires a modest $50 initial deposit, making it accessible to a wide range of traders.
In Conclusion
In conclusion, ACY Securities is a reputable online trading service provider committed to offering fair trading conditions and state-of-the-art technology, competitive pricing, and excellent support. Being regulated by ASIC ensures compliance with stringent financial regulations and enhances the broker’s trustworthiness.
With the STP execution model, ACY Securities caters to traders looking for competitive markets and the flexibility to implement various trading strategies with low spreads.
We encourage traders to share their personal experiences with ACY Securities and read reviews to make informed decisions about their trading journey. Your opinion matters, and it can contribute to a more transparent and informed trading community. Happy trading!
