ACY Capital
ACY CAPITAL REVIEW
ACY Capital, a Sydney, Australia-based Forex and CFD trading service company, along with its educational mission, delivers information on a range of trading techniques and strategies to both novice traders and experts, retail and corporate customers.
The company provides trading service solutions to support those who would like to be successful in the market, with open access to everything needed. Since its operation began, ACY has cooperated with OANDA as a provider of educational services and one of the biggest world forex brokers. However, due to the company expansion, ACY serves an additional office in Shanghai and Shenzhen, China, bringing efficient customer service even further. Let’s have an in-depth analysis and get an honest ACY Capital review of its features.
Besides the powerful platform and trade utilities, there are also numerous automation features available. These include trading tools, decision-making tools, or any of the indicators we have!
ACY Capital Pros and Cons
ACY Capital provides good trading conditions, education, and a wide selection of forex platforms. They also have excellent spreads, and you can open your account fully digitally. The downside is the limited range of instruments available; there’s quite a large discrepancy in what each entity offers when it comes to proposals; some offer 24/7 support while others don’t.
| PROS: | CONS: |
| ASIC regulated. | Does not accept US clients. |
| 1,600+ financial CFD instruments available. | |
| Leverage up to 1:500 | |
| Spreads from 0.0 pips. | |
| Fee-free deposit methods. |
Pros & Cons – ACY Capital Review
Is ACY Capital Safe or a Scam
They have a safe trading environment because ACY Capital is an ASIC (Australia) authorized broker that complies with the required regulations. have a safe trading environment because ACY Capital is an ASIC (Australia) authorized broker that complies with the required regulations. SIC (Australia) is an authorized broker that complies with the required regulations. have a safe trading environment because ACY Capital is an ASIC (Australia) authorized broker that complies with the required regulations.
To abide by regulatory requirements, all of their clients’ funds are kept in segregated accounts that can only be used to do what you need them to do. As well as this, the broker complies with strict policies on operation and payments, so they demonstrate trustworthy performance.
The broker follows strict rules in regards to operation, payments, and all provided transactions to ensure trustworthy operation. ACY went even further by offering professional indemnity insurance for up to $2.5 million.
How to Open ACY Capital Account
ACY Securities offers three main account types: Standard, ProZero, and Bespoke. Islamic (swap-free) and demo accounts are also available. The main features of each account are shown below:
| Standard | ProZero | Bespoke | |
| Minimum Investment | 50 | 200 | 10000 |
| Spreads | From 0.8 pips | From 0.0 pips | From 0.0 pips |
| Commissions | Zero Commissions | $3/lot per side | $2.5/lot per side |
| Leverage | Up to 1:500 | Up to 1:500 | Up to 1:500 |
| Global Stocks | via MT5 | via MT5 | via MT5 |
| Minimum Trading Volume | 0.01 lot | 0.01 lot | 0.01 lot |
Users can open a new account in just a few steps by following the below process:
- Sign Up: Account type, name, email, country, and phone number.
- Personal details: gender, date of birth, photo/passport ID number, and residential address.
- Investment Profile: Questions regarding education level, employment status and occupation, annual income, trading platform, funding currency, leverage, and account type.
- Trading Experience: Various questions to test the user’s trading knowledge.
- I agree to the terms and conditions.
- Employment Information:
- Confirm ID: Submit proof of identity (passport or driving licence) and proof of residence (utility bill or bank statement—not more than 3 months old).
Leverage
When trading with ACY Capital, you can use powerful leverage, which will multiply your potential gains by a factor of two. However, despite the numerous benefits offered by using this kind of level, it may come with a variety of disadvantages as well. Knowing that trading high leverage only applies to forex options like 1:200 or 1:400 for professional traders who have provided proof beforehand and that ASIC regulation still allows these ratios to be used is very important. Typical leverage limits are as follows:
- TFs – 1:5
- Crypto – 1:2
- Stocks – 1:5
- Forex – 1:30
- Indices – 1:20
- Commodities – 1:10
- Precious metals – 1:20
Trading Instruments
Margin trading, using Forex with 40+ currency pairs, gold and silver CFDs with commission-free ultra-tight spreads, and all sorts of other services are available. In addition to that, the broker has an established ECN/STP execution model for a truly competitive cost of EUR/USD 0.8 pips on average in a spread on gold at 0.20$ per oz. and oil at.025$, as well as supporting their clients through this full range of services, including daily market analysis videos and reviews such as the news from various sources related to the markets, which are included upon request, which is timely rewarded by awards or even customizing courses according to your preference.
Accounts
ACY offers three account types with a choice between an account that can only trade spreads on stpECN accounts or either commission by zero or pure ECN. Account types are not defined just by their technology but also by more competitive prices according to the trading size as well as deposit and qualification requirements.
Standard Account: A standard account requires a minimum deposit of $50. The spread for this account is variable but typically starts at 1 pip. Standard accounts do not have any fees, as they are built into the price of the spread.
ProZero Account: The ACY Securities account type starts with a minimum deposit of $200, and the spread can be as low as 0.0 pips.
Bespoke Account: Bespoke Accounts are designed for high-volume, professional traders. A $10,000 minimum deposit spreads at 0.0 pips.
Fees
ACY Capital’s prices are different depending on the type of account, and they are mainly built into a spread. We also compare below the full costs, including funding fees, inactivity fees, etc.
| Fees | ACY Capital Fees | Skilling Fees | BDSwiss Fees |
|---|---|---|---|
|
Deposit Fee
|
No |
No |
No |
|
WIthdrawal fee |
No |
No |
No |
|
Inactivity Fee
|
yes |
yes |
yes |
|
Fee ranking |
Average |
Low
|
Average |
Spreads
ACY Capital offers a range of spreads depending on the account type you are using. Averages spread offerings from 0 pips for certain types of accounts. For trades executed through our stpECN account, there is no commission fee or commission fee if it’s done through pure ECN accounts, with a $5 USD per lot charge and $6 USD per lot in charges if they’re done through the zero-en account.
Remember to consider rollover or overnight fees when considering the costs of a position you hold for longer than 24 hours. In addition, it is advisable to compare ACY Capital’s commissions with those of another popular broker, Pepperstone ($4 USD). You should always keep this in mind, no matter which way you trade!
MAM Accounts
ACY offers a unique solution to traders who have multiple accounts in MAM or PAMM. The account is compliant with the MT4 platform and has flexible distributions, as well as performance managed through intelligent allocation models.
Trading Platforms
ACY Capital, like a majority of other technological forex broker companies, chooses to stick with MetaTrader 4. MT4 offers one of the best possible experiences in online trading platforms through options such as automatic trading systems, which are performed with support from EAs and risk controls. The platform also provides real-time experience with powerful charts comparable to those found on MT4, plus built-in free technical indicators that can be used for various trading tactics at any given time.
There are different versions of the AC output that are suited for your needs depending on whether you use our desktop or web version, as well as mobile applications. In addition to this, we also support a newer version of MT5 brokers, which brings even more advanced possibilities in broker trading performance and offers truly competitive conditions with various strategies.
Last but not least are contests and competitions that we hold on a regular basis, which allow you to learn something new while polishing your skills by participating in one. Check out their latest contests through their official website by engaging in one!
Deposits and Withdrawals
ACY developed CLOUDHUB to make account management easier. This is a client portal with various services that monitor performance, conduct transactions, and view statistical data. For the funding options themselves, there are many payment methods, which include credit/debit cards, Fasapay/Duko Wallet, Skrill, China Union Pay, and bank transfers (internet banking transfers included).
ACY Capital Minimum Deposit
ACY Capital’s minimum deposit is $100, and that amount varies depending on the type of account you are using.
| Minimum Deposit | $50 |
|---|
Withdrawal
In order to withdraw from ACY Capital and avoid paying a fee, it is best for you to use your local bank account. You are able to transfer three times per month without the risk of being charged an excessive financial penalty with this option. The International Transfer service charges $25 USD in addition to 3% merchant fees when converted into Skrill transactions, so it’s not recommended as an option.
Conclusion - ACY Capital Review
This broker provides an excellent customer-centric online forex trading platform experience and is also regulated by ASIC for reliable service. They have extensive education programs developed by traders with expert knowledge in investing strategy and technique, which are accessible to all levels of knowledge available through competitive spreads that are quite low. Within our ACY Capital Review, we fund satisfying trading contracts with low spreads, no dealing desk intervention in the trading process, and quite competitive conditions.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74-89% of retail CFD accounts lose money You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
RISK WARNING: Foreign exchange and derivatives trading carries significant risk and is not suitable for all investors. You do not own, or have any interest in, the underlying assets. Before you decide to trade foreign exchange and derivatives, we encourage you to consider your investment objectives, your risk tolerance and trading experience. ACY Capital Australia LLC (Company number: 2610 LLC 2022) provides general advice that does not consider your objectives, financial situation or needs. The content of this website must not be construed as personal advice; please seek advice from an independent financial or tax advisor if you have any questions.