ACY Capital Pty Ltd, ACY Securities Pty Ltd
Founded in 2013
Online since 2013
Australian Securities and Investments Commission (Australia)
ACY Securities is a familiar name in the trading community, with its establishment dating back to 2013 by ACY Capital Pty Ltd. Also operating as ACY Securities Pty Ltd since its inception, this broker is recognized for its extensive trading features and strict abidance to regulations.
Traders can reassuredly progress their trading endeavours with ACY Securities knowing that it operates under serious regulatory compliance. Such a commitment to regulations further strengthens trader confidence and improves broker trust.
However, it is worth noting, for prospective traders from the United States, they might need to find an alternative platform as ACY Securities does not allow traders from the US.
Beginning with ACY Securities is relatively easy, considering the broker allows a minimum account size of $50. This gives traders and investors, especially those new to the field, an affordable platform to start experimenting on before making larger investments.
Additionally, the minimum position size allowed is 0.01. This micro-position could serve as an entry point for cautious beginners to take baby steps in trading journey.
While the broker rating was not explicitly provided, most customer reviews rave about the efficient and user-friendly platforms, tight spreads and reliable, prompt client support offered by ACY Securities.
Participants can benefit from the low spread at ACY Securities. Lower the spread, the better it is for traders since they get to keep more of their profits.
The maximum leverage wasn't clear in the information provided, but generally, ACY Securities offers flexible leverages. However, users should remember leverages magnify not only profits but also potential losses. Therefore, caution and informed trading are recommended.
ACY Securities strive for user engagement by offering trading contests and segregated accounts for users' safety. Trading contests stimulate a competitive environment among traders, enhancing their skills and offering opportunities to win prizes. On the other hand, segregated accounts play a key role in ensuring the security of user deposits and investments.
ACY Securities abides by a user-first approach and responsible corporate governance, designed to offer a refined trading experience, which is evident from their service provisions. While it might be a drawback for US traders, individuals from other territories can definitely consider initiating their trading journey with this broker.
ACY Securities offers a good range of assets, but I had some issues with account verification that took time to resolve. Once that was sorted, trading was a breeze.
RajP
Delhi, India
I admire the ACY Securities platform, it's slick and user-friendly. Unfortunately, I had a disappointing experience with their customer service. A quicker response would have made a big difference.
FredZ
Sydney, Australia