It is crucial to read the broker review before trading with the broker. You can find the ACY Securities review in detail below. ACY Securities places great emphasis on technology and provides a diverse selection of trading instruments, such as FX, stocks, cryptocurrencies, ETFs, as well as commodities. ACY Securities is an NDD (no-dealing-desk) ECN broker that provides accounts with zero spreads. The broker is making use of interbank liquidity via 16 of the globe’s leading financial institutions & firms.
Opening an Account
It is fairly simple to create a trading account at ACY Securities if users choose to trade with them. To access the menu, go to the webpage and click the ‘Open an Account’ button. Fill out the 6-page registration form after selecting the location & type of account. It is critical that users read the ACY Securities’ guidelines, conditions, and terms completely. Users must continue only if they are satisfied and consent to these rules.
Throughout the NYSE, Nasdaq, & ASX platforms, the broker offers a wide range of Forex currency pairings (minor, major, and exotic), cryptos, indices, precious metals, exchange-traded funds (ETFs), and more than 700 stock CFDs. Users may invest in dozens of the globe’s largest businesses, including Facebook, Tesla, as well as BHP, using some of the world’s top reputable exchanges, using ACY.
ACY Securities Review – Fees
Based on the product, type of account, and market circumstances, the broker’s accounts have varying spreads. Deposits are free, while overseas transfers may include third-party fees. Users from Australia are allowed 3 withdrawals a month, and after that, every transaction will cost $25, the normal cost across all global withdrawals. Commissions for ProZero accounts are $6 for each lot, whereas the commission prices for the Bespoke account might be negotiated.
The MT4 (MetaTrader 4) and MT5 (MetaTrader 5) trading platforms are used at ACY Securities. So many traders prefer MetaTrader 4 and MetaTrader 5, which are optimized for desktop, web, & mobile platforms. The MT app is available for APK (Android) and İOS (Apple) systems. Because of its extensive number of features and established tools, including its customizable and easy-to-use design, the MT platform is often preferred.
Various order kinds, with up to 4 pending orders, are supported by MetaTrader 4. Lines, bars, as well as candlesticks are among the 24 analysis instruments and 30 inbuilt technical signals and chart formats available to clients. More than 9 timelines, all traded assets can be seen.
MetaTrader 5 is the successor to MetaTrader 4, and it offers international stocks, multiple chart timeframes, additional order options, additional technical indicators, DOM (depth of market) level II pricing, an established economic calendar, among other features.
Most companies only provide their own software, which is frequently uncoordinated, sluggish, and inefficient. Since traders all around the world understand and appreciate MetaTrader platforms, ACY Securities prefers to work with them.
ACY Securities Review – Account Options
The broker has 3 outstanding account options to choose from, including the Standard, ProZero, and Bespoke account, whether a user is a new trader or an experienced professional. Users may select the account that best meets their requirements and get started right away.
The user can choose a leverage of 1:500 maximum, for each account (varies based on location and expertise). The minimum deposit is $50 and the minimum volume of trading is 0.01 lots. U.S Dollar, Australian Dollar, Euro, British Pound, New Zealand Dollar, Canadian Dollar, and Japanese Yen are the account currency kinds. Generally, the higher your deposit, the less your spreads & commission charges will be.
A $50 initial deposit is required for the basic account. The spreads on this account are varied, however, a standard major currency pairing such as the EUR USD begins at 1 pip. This type of account has no commissions because fees are included in the spread.
The minimum deposit for this account is $200 USD, with spreads as little as 0.0 pips.
This account type is designed for experienced traders who deal in large volumes. Spreads begin at 0.0 pips & the minimum payment is $10,000 USD.
The customer service can change the user’s account to a swap-free Islamic account if they ask for it. Only the Standard accounts allow for swap-free trading.
Demo accounts are a terrific method to develop trading abilities, whether users wish to learn how to use the platform or test out certain trading ideas without risk.
ACY Securities Review – Education
The broker provides a variety of learning materials to assist traders from all levels – beginner and experienced – in improving their trading methods and techniques.
The experts at ACY have published a free trading eBook. To registered users, it is accessible for downloading. Users will learn about trading forex, risk mitigation, and fundamental and technical analyses in this book.
Lessons in Trading
This lesson is separated into two sections: Basic and Expert. It is offered to registered clients free of charge. The beginners’ course covers the fundamentals of forex trading, as well as the benefits, terminologies, order types, techniques, as well as other trading suggestions. Technical analysis, tactics, risk assessment, trading plan creation, and trade psychology are all covered in the advanced lessons.
Posts on periodic market analysis and forecasts may be found in the broker’s market updates section. Experts from ACY Securities compile it. Graphs, charts, as well as videos are used to illustrate the articles. They may assist users to come up with trade ideas & keep you informed about what’s going on in the market.
Risk assessment, technical analysis, fundamental analysis, and real-time chart reviews & setups are just a few of the subjects covered by the broker’s market researcher in their out-of-charge trading lectures. Every webinar is quite instructive, lasts a reasonable period of time, and is appropriate for users of all levels of expertise.
For users that want to get involved in the international financial markets but don’t know where to begin, this broker is a wonderful place to start. ACY features all you need inside one handy trading platform, including market-leading spreads & 0% fee to MetaTrader 4 and MetaTrader 5.
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