May 28, 2024

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ACY, formerly known as ACY Securities, is an online forex broker that offers the popular Metatrader 4 and MetaTrader 5 trading platforms. With over 60 forex currency pairs, CFDs (stock shares and others), commodities, indices, gold, silver, oil, bitcoin, and other cryptocurrencies, ACY.com provides a wide range of options for personal investment and trading.

Broker Details

  • Minimum Trade Size: 0.01
  • Maximum Leverage: 500:1
  • Minimum to Open Live: $50
  • Established: 2013
  • Address: ACY Tower, L 18, 799 Pacific Hwy, Chatswood NSW, 2067, Australia
  • Contact: support@acy.com, 61 2 9188 2999
  • Regional Offices: –
  • Regulators: ASIC #AFSL: 403863, VFSC #012868
  • Prohibited Countries: –
  • Trading Platforms: MT4, MT5
  • Web Trading: ✅ Yes
  • Mobile Trading: ✅ Yes
  • ECN: ✅ Yes
  • Currencies: Trading Instruments (60 )
  • Cryptocurrencies: (5 ) Bitcoin, Litecoin, Ethereum
  • CFD: (20 ) Gold, Silver, Other Precious Metals, Stocks, Stock Indexes, Oil, Other Commodities
  • Trading Conditions:
  • EAs/Robots: ✅ Yes
  • News Trading: ✅ Yes
  • Scalping: ✅ Yes
  • Managed Accounts & Social Trading
  • MAM: ✅ Yes
  • PAMM: ✅ Yes
  • Deposit Methods: Bank Wire (Bank Transfer/SWIFT), VISA, MasterCard, Doku, Local Bank Transfers, Skrill, UnionPay
  • Withdrawal Methods: Bank Wire (Bank Transfer/SWIFT), Doku, Local Bank Transfers

Pros and Cons

Pros:

  • Wide range of trading instruments, including forex currency pairs, CFDs, commodities, indices, and cryptocurrencies
  • Offering both Metatrader 4 and MetaTrader 5 trading platforms
  • Allows EAs/robots, news trading, scalping
  • Managed accounts and social trading options available
  • Multiple deposit and withdrawal methods

Cons:

  • No regional offices
  • Limited information on prohibited countries

Scammer or Not

ACY is a reputable online forex broker regulated by ASIC (AFSL: 403863) and VFSC (#012868). It has been in operation since 2013 and offers a wide range of trading options. There are no reports or indications that suggest ACY is involved in any fraudulent activities. However, as with any financial institution, it is always recommended to conduct thorough research and exercise caution when investing.

Safety Check

ACY prioritizes the safety and security of its clients’ funds. As a regulated broker, it adheres to strict financial guidelines and follows industry-standard security measures to protect clients’ personal and financial information. ACY also offers secure deposit and withdrawal methods, providing clients with peace of mind regarding their transactions.

FAQs

1. Can I trade with ACY if I’m a beginner?

Yes, ACY welcomes traders of all experience levels, including beginners. The user-friendly Metatrader 4 and MetaTrader 5 platforms make it easy for beginners to navigate and execute trades. Additionally, ACY provides educational resources and support to help beginners learn and improve their trading skills.

2. What trading platforms does ACY offer?

ACY offers both Metatrader 4 and MetaTrader 5 trading platforms, which are widely recognized and preferred by traders worldwide. These platforms provide advanced charting tools, technical analysis indicators, and customizable features to enhance the trading experience.

3. Are there any fees or commissions for trading with ACY?

ACY operates on a transparent fee structure. It charges competitive spreads on trades, and there are no hidden fees or commissions. However, it’s important to note that certain account types or trading instruments may have specific fees, which can be found on ACY’s official website or by contacting their customer support.

4. Can I use automated trading systems with ACY?

Yes, ACY allows the use of Expert Advisors (EAs) and automated trading systems on their platforms. Traders can develop or choose from a wide range of EAs to automate their trading strategies and execute trades based on predefined rules.

5. How can I contact ACY’s customer support?

ACY’s customer support can be reached via email at support@acy.com or by phone at 61 2 9188 2999. They are available to assist with any inquiries or concerns regarding trading accounts, platforms, or general support.

Please note that the information provided in this review is based on the available data and research at the time of writing. Traders are advised to visit ACY’s official website and consult with their customer support for the most up-to-date and accurate information.

Leave your feedback about your experience working with ACY on the forexroboteasy.com website.

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