ACY Capital Review

ACY Capital

ACY Capital

http://www.acyfx.com/
  • Broker Type: STP, ECN

  • Leverage: 1:500

  • Regulation: ASIC

  • Min. Deposit: 100 US$

  • HQ: Australia

  • Platforms: MT4

  • Found in: 2013

ACY Capital Licenses

  • ACY Capital Pty Ltd - authorized by ASIC (Australia) registration no. 474738
  • ACY Securities Pty Ltd - authorized by ASIC (Australia) registration no. AFSL 403863

Top 3 Regulated Forex Brokers

Company Brief:

ACY Capital is a Sydney based Forex and CFD trading provider while offering education on a range of trading techniques and strategies developed for both novice traders or experienced ones, retail or corporate, on their preferred MT4 platform. The company brings trading service solutions with an aim to support those who would like to be successful in the market, with an open access to everything that is needed. Since the beginning of their operation, ACY is in cooperation with OANDA, which is one of the biggest world Forex broker, while providing the educational services. Due to the company expanding, ACY serves an additional office in Shanghai and Shenzhen, China, which brings an efficient service to their customers.

The ACY Capital provides execution through No Dealing Desk model, which is performed with no dealer intervention, with no requotes through streamed real time prices that are presented with tight forex spreads, high speed, and low latency. The ACY’s cooperation and experience with 16 top tier liquidity providers bring a true STP execution that the trader can see only once price from the platform, which already includes all broker markups, hence offers a transparent no hidden fees trading.

Margin Forex with 40+ currency pairs, Gold and Silver CFDs for commission free super tight spreads, Index CFDs and Oil and Gas CFDs. Through their established ECN/ STP execution model, the client gets an averaged spread for EUR/USD 0.8 pips, Gold 0.20$ and Oil 0.025. 

In addition, the broker supports their clients with the full range of services that includes a huge educational department that was timely rewarded by awards. The daily market analysis videos and reviews, market news, customizable courses and variety of advanced educational tools. Furthermore, ACY rewards their customers by contests contributions on a regular basis, as well as lotteries with an ability to win Cash, cars, holidays or other valuable prizes. The bonuses are available too, currently, the new traders can apply for 25$ to try out the platform for every deposit of 100$ (deposit bonus).

ACY Capital Review

ACY Capital Regulation and Licenses:

To provide a safe trading environment is a crucial factor for any investor.  ACY Capital is an ASIC (Australia) authorized broker which complies with the requested regulations. In accordance with regulatory requirements, all client funds are kept in segregated accounts of the tier-one bank that ensures that the funds can’t be used for any other purpose. Also, the company complies with strict policies in regards to operation, payments and all provided transactions. Yet, ACY went even further while provides Professional Indemnity Insurance for up to 2.5M$ in any claim.

Trading Platforms:

As a majority of technological forex companies, the ACY Capital chooses industry leader MetaTrader4. MT4 offers one of the best possible experience in the trading through one-click trading option, automatic trading systems that are performed with the support of EAs, risk controls and a variety of powerful functions. The platform provides real-time experience through the powerful charts feature, which MT4 is famous for. The built-in free technical indicators support various trading tactics with real-time requotes. The traders can use different versions that are suited for each one needs via desktop or web versions, along with mobile applications.

Trading Accounts:

ACY didn’t develop numerous account types while making the choice easy to their retail clients. The only one available is ECN/ STP Account which requires a deposit of 100$ to start, while basic account currency could be chosen between USD, EUR, GPB, AUD, NZD.

To make the account management easier ACY developed a CLOUDHUB, which is a client portal with the variety of services to both retail and corporate clients. The HUB allows to monitors the account performance, conduct transaction and view the statistical data.

For the corporate clients or managers, ACY developed a range of MAM or PAMM accounts, that brings a unique solution for traders who are managing multiple accounts simultaneously that makes management an easy process. The accounts comply with an MT4 platform through flexible distribution and trading performance, that are managed through an intelligent allocation model. The functions including pre-set pending orders with no limitation and no dealer intervention on any of the trading methods.

Deposits and Withdrawals:

As the regulation requires, the broker only accepts payments from the same name as the account holder’s name. No third party payment is accepted. There are various payment methods which accepted by the company: Credit/debit card, Fasapay/Duko Wallet, Bank Transfer (incl. Internet Banking Transfer)

The client can withdraw capital by submitting a withdrawal request at any time. Funds can be withdrawn up to the value of the balance of the ACY account and will be transferred by the same method as the deposit was done.

Conclusion:

The ACY Capital review concludes a company as a customer-centric online trading provider, which is committed to fair conditions and best available solutions in terms of technology, pricing and support. As long as the ACY is an ASIC regulated broker, there are no doubts about their compliance with the laws and reliability. Furthermore, the company provides an extensive educational solution that is developed to the trader’s need, while the level of expertise is counted. Their excellently built system serves as an educational platform for some Forex Industry leaders. Apart of that, the company serves as an STP trading provider that conducts their offering through the competitive, the most common markets through the leading MT4 platforms, allowance to use any suitable strategy and a quite competitive spread.

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