Compare Forex Brokers!
Compare top Forex brokers side-by-side and find the best fit for your trading needs. Start your comparison now!
Alison Heyerdahl
Edited by
Author
Alison Heyerdahl
Edited by
Alison Heyerdahl
Head of Content

<p>Alison Heyerdahl is the Head of Content at FxScouts, a Chartered Market Technician (CMT), and an experienced trader, as well as a financial writer with extensive expertise in Forex trading, broker analysis, and market research. She has reviewed 100+ brokers, publishes weekly YouTube trading videos, and co-hosts the “Let’s Talk Forex” podcast.</p>

Learn more about Alison Heyerdahl
Author
Author
Chris Cammack
Partner Manager and Financial Writer

Chris manages the relationships with our partners to provide the best Forex trading experience possible for our users. Chris has 15+ years of research, and editorial and design experience for political and financial publications. His background has given him a deep understanding of international financial markets and the geopolitics that affect them.

Learn more about Chris Cammack

ACY Securities

Lowest Commission Account

4.39
Forex and CFD trading is high risk and most traders lose money

Available to traders in %s

Min deposit

AUD 50

Regulated By
Varies by region

ASIC, FSCA, FSA-St-Vincent

Trading Cost

AUD 10

Max Leverage
Varies by region

30:1

Copy Trading
Varies by region

Yes

Platforms

MT4, MT5

Instruments

Commodities, Cryptocurrencies, Stock CFDs, ETFs, Forex ( )
Indices

ACY Securities Broker Review

ACY is an ASIC-regulated broker with a large number of instruments on MT4, MT5 and its own platform and three trading accounts with low minimum deposits.

ACY Securities’ commission-based account has spreads that start at 0 pips (EUR/USD) in exchange for a commission of 6 USD, which is highly competitive. Experienced traders will also appreciate the wide range of instruments on offer, including 60+ Forex pairs and over 1600 share CFDs.

Overall, ACY Securities has excellent regulatory oversight, a range of low-cost accounts with a wide range of tradable assets, decent educational and market analysis materials, and a good selection of trading tools, making it a good option for Australian traders.

Visit Broker
Accepts Australian Clients. Average spread on the EUR/USD is 1.00 pips on trading account with the lowest minimum deposit of 50 USD. Max leverage 30:1. MT4, MT5 and ACY platforms supported. ACY Securities is regulated by ASIC, FSCA & SVG .

Pros

  • Great platform choice
  • Low minimum deposit
  • Great customer support
  • Wide range of assets

Cons

  • Extreme leverage
Rating Reviews
4.39

ACY Securities Overall Summary

Trust Rating
4
Trading Conditions
4.5
Platforms
4.5
Education
4.5
Beginner Friendly
3
Assets Available
5
Analysis Research
3
Deposit & Withdrawal
4.5
Overall Rating
4.39
/ 5
Base Currencies
USD, AUD, EUR, GBP, NZD, CAD, JPY
Number of FX Pairs
63
Crypto Pairs
20
Copy Trading
Yes
Hedging Allowed
Yes
Scalping Allowed
Yes
Islamic Account
Yes
Account Name
ProZero
Commission
Fees Included in Spread
EUR/USD
0.30
GBP/USD
1.60
USD/JPY
1.20
Negative Balance Protection
Yes
Company Name
ACY Securities Pty Ltd
Founded
2011
Website
Website Language
English, Spanish, Indonesian, Vietnamese, Arabic, Thai, Japanese, Portuguese, Malay
Support Language
English
Office Locations
Australia
Support Email Address
FP Markets FP Markets

Deposit & Withdrawal

banktransfer
maestro
mastercard
neteller
paypal
perfectmoney
skrill
trustly
unionpay
visa

Supported Platforms

Best MT4 Forex Brokers
Best MT5 Forex Brokers
ACY Securities

Ready to trade with ACY Securities?


We consider ACY Securities a trustworthy broker because Australian traders are onboarded through its Australian-based entity, regulated by ASIC.

Is ACY Securities Regulated in Australia?

ACY Securities operates as a multi-jurisdictional broker catering to both Australian and international traders. It holds the following key licences:

  • The Australian Securities and Investments Commission (ASIC) – ACY Securities Pty Ltd (AFSL No. 403863)
  • St Vincent and the Grenadines (SVG) – ACY Capital LLC (Company No. 2610 LLC 2022), incorporated as an international business company
  • The Financial Sector Conduct Authority (FSCA) of South Africa – Ingot Brokers South Africa (Pty) Ltd, trading as ACY Securities (Licence No. 51008)

Australian residents are onboarded under the ASIC-regulated entity, while international clients may be served by the SVG or South African entities depending on their location.

Client Protection Measures

ACY Securities applies a range of client protection protocols, particularly under its ASIC-regulated structure:

  • Segregation of Funds: Client deposits are held in segregated trust accounts at top-tier Australian banks, such as Commonwealth Bank, separate from company operating funds.
  • Professional Indemnity Insurance: Maintained in accordance with ASIC requirements to cover potential operational liabilities.
  • Negative Balance Protection: Retail clients are protected against losing more than their deposited funds during extreme market volatility.
  • Capital Adequacy and Risk Management: ACY complies with ASIC’s financial resource requirements and maintains rigorous internal control systems.
  • AML / KYC Compliance: All clients must complete identity verification and comply with anti-money laundering regulations.
  • Dispute Resolution: ASIC-regulated clients have access to internal complaint handling and external resolution through the Australian Financial Complaints Authority (AFCA).

These measures provide a high level of financial and operational security for Australian traders using ACY Securities.

Opening an Account at ACY Securities

ACY Securities’ account-opening process is as per the industry standard. 

All Australian traders are eligible to open an account at ACY Securities as long as they meet the following minimum deposit requirements.  These are:

  • Basic account: 50 AUD
  • Standard Account: 100 AUD
  • ProZero Account: 200 AUD

Traders can choose between a business or individual account, but for the purposes of this review, we will outline the process for opening an individual account:

  1. Click on the button at the top right-hand corner of the screen labelled “Open an Account.”
  2. Register a live account.  This requires filling in a registration form with all your personal details including name, email address, and telephone number.  
  3. The next step requires completing your personal details, including gender, ID number, date of birth, and residential address.
  4. Traders will then have to fill in their financial information, including employment details, occupation, and annual income.  Traders will also have to select their preferred platform (MT4 or MT5), the base currency (click here for more on ACY Securities’ base currencies), account type, and leverage.
  5. Once this step is complete, clients are required to fill out a questionnaire that helps ACY Securities assess the trader’s investment knowledge, experience, and expertise to deem the suitability and relevance of the services on offer. While most brokers don’t include this step in the account-opening process, it is a responsible move in an industry that is often accused of an irresponsible approach to consumer protection. 
  6. Traders will then have to verify that they have read the Key Information Statement, the Client Terms and Conditions, and the Privacy Policy Statement.
  7. ACY Securities requires at least two documents to accept you as an individual client:
  1. Proof of Identification – ACY Securities accepts all government-issued identification documents such as Passport, national ID card, driving license, or other government-issued ID. 
  2. Proof of Address – Proof of residence/address document must be issued in the name of the account holder within the last 6 months and must contain a trader’s full name, current residential address, issue date, and issuing authority. 

After the application is approved, traders can log in and fund their accounts .

Primary Image
Secondary Image

ACY Securities’s Trading Instruments

ACY Securities has an impressive range of CFDs, more than is typically offered at other brokers.

Available Assets and Leverage

ACY Securities’ CFD offering is broader than other similar brokers, and it includes specialty CFDs such as ETFs and cryptocurrencies.

Primary Image
Secondary Image

ACY Securities Accounts and Trading Fees

ACY Securities’ trading fees are high on the Basic Account, about average on its Standard Account but significantly lower than average on its ProZero Account.

Trading Fees

ACY Securities offers three live accounts on MT4, MT5 and its own platform.  The Basic and Standard Accounts have trading fees included in its variable spreads, while the ProZero Bespoke account offer raw spreads (often down to 0 pips on the EUR/USD) in exchange for a commission per lot.  

Overall, ACY Securities offers three live accounts which are suitable for beginners and more experienced traders.  Its commission-based account has some of the lowest trading costs in the industry.

Trading Accounts

The trading costs on the Basic and Standard Account are built into the spread and are higher than the costs on the ProZero Account, which has a small commission per lot traded.  However, the minimum deposits on the Basic and Standard Accounts is significantly lower than the requirements of the ProZero Account.

Basic Account

The minimum initial deposit on the Basic Account is 50 AUD.  Spreads are variable, starting at 1.00 pips on the EUR/USD, which is wider than similar-sized ECN/DMA brokers, but no commissions are charged.

Note: This account is not available on the ACY Securities Platform – only MT4 and MT5

Standard Account

A minimum deposit of 100 AUD is required on this account, spreads start at 1 pip on the EUR/USD, with no commission. Overall, the trading costs on this account are about average for the industry. 

ProZero Account

A minimum deposit of 200 AUD is required to open a ProZero Account.  Spreads start at 0.0 pips on the EUR/USD, and average at 0.1 pips, and a low commission of 6 USD (round turn) per lot is charged.  These trading conditions are highly competitive for the industry.   

On the ProZero Account, commissions are charged differently depending on the base currency of your account.

Primary Image
Secondary Image

ACY Securities's Trading Platforms

ACY Securities offers its own platform alongside the MT4 and MT5 platforms.

Mobile Trading Apps

With support for MT4 and MT5 and its own mobile app, ACY Securities’ has a wider range of mobile apps than most brokers

ACY Securities Mobile Platform

The ACY proprietary mobile trading app offers a lightweight and responsive trading experience. It is designed for traders who prefer simplicity and on-the-go access over advanced desktop features.

  • Interface: Clean, touch-optimized layout with intuitive navigation and quick access to key trading functions.
  • Features: Real-time quotes, interactive charts, order management, and an integrated economic calendar.
  • Orders: Market, limit, and stop orders with preset TP/SL and claimed no-slippage execution.
  • Risk Tools: Dynamic margin and leverage adjustments, plus position size calculation by units.
  • Performance: Fast execution and stable connection even on lower bandwidth, ideal for monitoring trades on the move.

Note: The Basic Account is not available on this platform

MT4/MT5 Mobile Applications

Both trading platforms are available on both Android and iOS mobile devices and tablets. Beginner traders should be aware that there is some loss in functionality when compared to the desktop trading platforms, including reduced timeframes and fewer charting options.  In addition, spotty connections can reduce the overall trading experience. Generally, it is better to be at your desktop to conduct day-to-day trading and use a mobile device to keep an eye on the markets or close open positions.

Trading Platform Comparison

Broker
Platform Choice
Copy Trading
Platforms
Yes
MT4
MT5
Yes
MT4
MT5
cTrader
TradingView
Pepperstone Platform
No
MT4
L2 Dealer
TradingView

Desktop Trading Platforms

ACY Securities has built its own platform from the ground up, and also offers MT4 and MT5.  MT4 and MT5 are considered some of the best third-party platforms in the industry.

ACY Securities Platform

ACY’s in-house, web-based platform focuses on simplicity and fast order entry as an alternative to MT4/MT5. It runs in the browser across desktop and mobile and is designed for beginners and intermediate traders who want a clean interface without installs.

  • Access & UX: Web platform with a straightforward layout and quick trade tickets.
  • Core Tools: Watchlists, multi-chart views, basic drawing tools, and an integrated economic calendar.
  • Orders: Market, limit, stop; supports preset TP/SL with an emphasis on no-slippage “guaranteed” execution on TP/SL (broker-claimed).
  • Risk Controls: Dynamic margin/tiered leverage model, margin alerts, and position sizing in intuitive units.
  • Coverage: Good for major FX/CFDs; instrument list is smaller than ACY’s full MT5 catalogue.

Note: The Basic Account is not available on this platform

MetaTrader 4

While not the most beginner-friendly software, MT4 has been the industry-standard platform for trading Forex and CFDs since 2005.  One of the features that make MT4 popular is its auto-trading feature that enables algorithmic trading and strategy backtesting with expert advisors (trading robots).

However, while MT4 has great customizability, the platform feels outdated, and some of the features may be hard to find.  In addition, only the basic orders are available, including Market, Limit, Stop, and Trailing Stop.

MetaTrader 5

MT4’s successor, MT5, is a state-of-the-art, multi-functional platform that boasts advanced technical tools and copy-trading. MetaTrader 5 is designed to accommodate advanced trading across a wider selection of asset classes than its predecessor, MT4. Feature-rich, it boasts advanced tools and offers superior execution.  

The benefit of ACY Securities offering third-party platforms such as MT4 and MT5 is that traders can take their own customised version of the platform with them should they choose to migrate to another broker.  Additionally, thousands of plugins and tools are available for both the MetaTrader platforms

Primary Image
Secondary Image

ACY Securities Deposits and Withdrawals

ACY Securities offers a wide range of payment methods, and while deposits are free, some withdrawal methods incur a cost.

Account Currencies and Funding Options

In line with Anti-Money Laundering policies, ACY Securities operates a “return to source policy,” meaning that withdrawals can only be returned to the original funding source. 

Trading Account Currencies: ACY Securities offers accounts denominated in USD, EUR, GBP, AUD, NZD, CAD, and JPY, which is an advantage for Australian traders who will be able to avoid paying conversion fees on deposits and withdrawals.  Conversion fees can make trading expensive, and affect profitability.

Deposits and Withdrawals: Deposits are free and instant. Withdrawal requests are processed on the same day if a request is received before 14:00 AEST. Requests received after 14:00 AEST might not be processed until the next business day.

ACY Securities offers a wide range of funding methods with fast processing times and fees only charged on some withdrawal methods.  

Primary Image
Secondary Image

ACY Securities’s Research and Trading Tools

ACY Securities offers a wide range of trading tools designed to enhance user experience across platforms.

Trading Tools

Trading tools include two different copy trading systems, a powerful Chrome extension, and several other utilities aimed at supporting both beginner and professional traders.

Copy Trading Solutions

  • SoFinX Copy Trading: ACY’s in-house social trading platform that allows clients to automatically copy trades from professional traders. It provides performance metrics, strategy filtering, and seamless integration with ACY accounts.
  • Tradingcup Copy Trading: Originating as a global trading competition platform, Tradingcup has evolved into a full signal marketplace where users can follow and copy strategies from top-ranked traders. It supports both MT4 and MT5 accounts and displays detailed performance statistics.

Browser Extension

ACY’s Chrome Extension offers real-time market data, sentiment indicators, an economic calendar, and useful trading calculators directly in the browser. It’s ideal for traders who want quick access to analytics and price alerts without switching platforms.

Additional Tools

  • VPS Hosting: Free VPS service for clients running automated strategies to ensure low latency and continuous uptime.
  • MetaTrader Tools: A suite of custom scripts and add-ons available for MT4 and MT5 users, including trade management and risk calculation tools.
  • Market Insights & Education: Regular analysis, webinars, and signal updates from ACY’s research team to support informed trading decisions.

Trading Tools Comparison

Broker
Economic Calendar
Autochartist
Trading Central
Trading View
Free VPS
VPS services are usually offered free with a minimum trade volume, otherwise a monthly subscription fee will apply. VPS services are usually hosted by third-party companies.
Yes
No
No
No
No
Yes
Yes
No
Yes
Yes
Yes
Yes
No
Yes
Yes

Market Analysis

ACY Securities provides a comprehensive range of market research and analysis tools to help traders stay informed and make better trading decisions. Their analysis covers both fundamental and technical perspectives across global markets.

  • Daily Market Analysis: In-depth reports and commentary on Forex, commodities, indices, and stocks, covering key economic data releases and global market trends.
  • Technical Outlooks & Trade Ideas: Chart-based forecasts and price action insights highlighting support and resistance levels, patterns, and potential trading opportunities.
  • Fundamental Reports: Macroeconomic outlooks and analyses of central bank policy, inflation, and geopolitical developments affecting the markets.
  • Stock & Equity Reports: Regular coverage of share CFDs with exclusive company insights and performance summaries.
  • Capitalise.ai Integration: Advanced AI-driven research and backtesting tools that allow traders to create, test, and automate trading strategies based on market data.
  • Educational Insights: Webinars, videos, and articles that teach traders how to interpret market movements and apply both technical and fundamental analysis.
Primary Image
Secondary Image

ACY Securities’s Education

ACY Securities’ education section is comprehensive but not as good as the best brokers in this space.  

eBooks, Webinars and Demo Accounts

ACY’s educational materials comprise e-books, trading videos, a video trading course, various articles about how to trade Forex, and a demo account.  See below for more details:

  • E-books: The in-house team of analysts has created a free trading e-book covering the essential aspects of trading, including ‘The Importance of Choosing the Right Company,’ ‘Forex Industry,’ ‘Fundamental Analysis,’ and ‘Technical Analysis,’ amongst others.
  • Trading Courses: In this free trading series, ACY Securities’ Chief Market Analyst guides traders on how to apply chart patterns, how to trade according to the latest market events, and using fundamentals to make better trading decisions. 
  • Seminars and Webinars: These are run every Tuesday and Thursday evening in various languages by ACY Securities’ in-house market analysts.  Webinars are free of charge to all visitors to the site but require registration. 
  • Articles: Various educational articles are published on a daily basis and cover topics such as leverage, how to use the Metatrader platforms, the basics of Forex trading, and more. 
  • Demo Accounts: ACY Securities’ demo accounts come loaded with up to 100,000 USD in virtual funds.  Demos mimic the conditions on all of the above-mentioned accounts on both the MT4 and MT5 platforms.  Demos last for six months and can be renewed on request.

Education Comparison

Broker
Beginner Course
Advanced Course
Well Structured Education
Education Quality
Webinars
Yes
Yes
Yes
High
Yes
Yes
Yes
Yes
Medium
Yes
Yes
Yes
Yes
High
Yes
Primary Image
Secondary Image

ACY Securities’s Customer Service

ACY Securities offers multilingual support available 24 hours a day, 5 days a week through multiple channels. 

On opening an account, traders receive personalised support, helping them with account setup and any other technical difficulties. For the purposes of this review, we found the customer support responsive, polite, and resourceful.

How Brokers Are Scored

FxScouts’ Broker Score and Trust Rating constantly evolve to reflect the forex market’s dynamics. We ensure transparency by incorporating regulator data and user insights. Our in-depth reviews consider over 200 metrics across seven key categories. The radar chart to the left shows how important each category is when calculating a broker’s final score.

  • Trust Rating: Assessment of broker reliability and reputation
  • Trading Costs: Spreads and fees for clear comparisons
  • Platforms: User-friendliness and features 
  • Asset Selection: Forex, stocks, and other available instruments
  • Deposit and Withdrawal: Simple and free deposits & withdrawals
  • Education: Support for beginners and developing traders
  • Customer Support: Accessibility, responsiveness, and expertise


To ensure fairness and transparency, we independently verify broker claims and integrate real-user feedback, regulator data, and live trading tests. The radar chart to the left illustrates the weight of each category in our final scoring system.

Why Our Reviews Set the Standard

Every broker we recommend meets strict trust and safety criteria and is tested for reliability, transparency, and overall trading experience.

ACY Securities Risk Statement

ACY Securities Risk Statement


Trading Forex is risky, and each broker is required to detail how risky the trading of Forex CFDs is to clients. ACY Securities would like you to know that: Foreign exchange and derivatives trading carry a high level of risk. Before you decide to trade foreign exchange, we encourage you to consider your investment objectives, your risk tolerance, and your trading experience. It is possible to lose more than your initial investment, so do not invest money you cannot afford to lose.

User Reviews

Loading reviews...

Meet the Experts Behind Our Unbiased Reviews

Chris Cammack

Partner Manager and Financial Writer

Chris Cammack
Chris Cammack is partner manager and senior financial writer at FxScouts, specialising in broker relations and forex market analysis. As the former Head of Content (2019–2024), he set editorial standards for all content published at FxScouts, including broker reviews, broker comparison pages and education. With over a decade of experience in editorial management and partner relations, Chris builds and maintains our relationships with our partners to provide the best Forex trading experience for our users. He also co-hosts the “Let’s Talk Forex” podcast with Alison Heyerdahl, where he explores trading strategies, industry news, and macroeconomic trends to help traders navigate the markets with confidence.

Alison Heyerdahl

Head of Content

Alison Heyerdahl
Alison Heyerdahl is the Head of Content at FxScouts, a Chartered Market Technician (CMT), an experienced trader, and a financial writer with extensive hands-on experience in the Forex trading industry. She specialises in Forex trading, broker analysis, and market research, with a focus on helping traders navigate the complex world of online trading safely and confidently. Alison has tested and reviewed more than 100 Forex brokers, assessing everything from regulatory status and trading conditions to platform features and customer support. Her goal is to provide honest, detailed, and practical insights that traders can rely on when choosing a broker. She’s also produced more than 300 educational videos for the FxScouts YouTube channel, where she explains trading concepts in a clear, accessible way. As the co-host of the “Let’s Talk Forex” podcast, Alison shares expert commentary on broker reliability, trading strategies, and market developments—always with a focus on transparency and trader protection.

Stefan de Clerk

Financial Writer

Stefan de Clerk
Stefan is a financial writer and Forex trading enthusiast with over a decade of experience creating in-depth content on finance and technology. His deep interest in geopolitical events, big data, and market sentiment fuels his passion for analyzing how global factors shape financial markets. With a background in marketing and financial research, Stefan believes that Forex trading offers the best insight into the pulse of the world economy. Committed to delivering well-researched, unbiased, and objective information, he helps traders navigate the markets with clarity and confidence.
1.
FP Markets
Most competitive trading costs
2.
Pepperstone
Best for scalpers
3.
AvaTrade
Best for beginners who want copy trading
4.
BlackBull Markets
Largest range of assets to choose from
5.
Fusion Markets
Best range of trading platforms
6.
IG
Best CFD Trading Account
7.
FxPro
8.
Axi
Best ECN broker on MT4 in Australia
9.
Eightcap
Best Trading Platforms

Others Also Viewed

Curious about the latest in forex? You’re not alone. Many traders and investors are digging deeper into these topics to refine their strategies and understanding. Here’s a curated selection of “others also viewed” articles, offering a range of perspectives and insights that could prove valuable for your own forex journey.

Best Forex Brokers for Beginners 2026

Good Forex brokers for beginners will help their clients get started. These are the best Forex brokers for beginners in Australia for 2026.

Lowest Spread Forex Brokers

Which broker offers the lowest spreads? We compare Forex spreads across 160+ regulated Forex brokers accepting Australian clients using the latest data.

Best Brokers for Trading VIX Volatility

Find the best brokers for trading the VIX, offering precise execution, low fees, and advanced tools to capitalise on market volatility.

Listen to our Podcast!

Let's Talk Forex

Listen to our Podcast!


Ready to have your forex knowledge amplified? Tune in to "Let's Talk Forex," a podcast designed for traders of all levels. From market analysis and trading strategies to interviews with industry experts, this podcast covers the breadth of the forex landscape. Join the conversation and discover insights that can help you navigate the exciting world of currency trading.

Polygon icon
Polygon icon