Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information

ACY Securities Review Summary in 10 Points
Founded	2011
Registered Country/Region	Australia
Regulation	ASIC
Market Instruments	Stocks, FX, Commodities, Indices, ETFs
Demo Account	Available
Leverage	500:1
EUR/USD Spread	variable
Trading Platforms	MT4, MT5
Minimum deposit	$50
Customer Support	24/5 live chat, phone, email

What is ACY Securities？

ACY Securities, a trading name of ACY Securities Pty Ltd, is a multi-financial broker with a full license from the Australian Securities and Investments Commission (ASIC, License No. 403863). Since 2011, the company has relied on its keen insight into the market, effective demand management, client-oriented & advanced technology, and perfect educational resources to help more institutional participants and retail traders integrate into the ever-changing financial derivatives industry.

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.

Pros & Cons

ACY Securities offers a wide range of instruments for trading and flexible account options with low minimum deposits. They also provide a variety of educational resources to help traders improve their skills.

However, there have been reports of issues with withdrawals and slippage. It's important to approach investing with caution and to thoroughly research a broker before deciding to invest.

Pros	Cons
• ASIC-regulated	• Reports of severe slippage and withdrawal issues
• Multiple trading assets and funding options
• Demo accounts available
• MT4 and MT5 supported
• Low minimum deposit ($50)
• Competitive spreads and commissions
• Trading tools and educational resources available
• Multiple communication channels available

Note: These pros and cons are based on the information provided and may not be exhaustive.

ACY Securities Alternative Brokers

There are many alternative brokers to ACY Securities depending on the specific needs and preferences of the trader. Some popular options include:

• RoboForex - A reliable broker with a wide range of trading platforms, but with high fees and a limited product portfolio.

• Hantec Markets - A good choice for experienced traders seeking a range of markets and trading platforms, but with limited educational resources and high fees.

• Key Way Investments - A decent broker for beginners with a strong focus on education and low fees, but with a limited product range and average customer service.

Ultimately, the best broker for an individual trader will depend on their specific trading style, preferences, and needs.

Is ACY Securities Safe or Scam？

Regulated by Australia Securities & Investment Commission (ASIC) is generally considered to be a positive sign for a brokerage firm, as ASIC has a good reputation for enforcing strict regulatory standards. However, negative reviews from clients about severe slippage and difficulty with withdrawals are certainly a cause for concern. It is recommended that traders carefully consider all available information and conduct their own research before deciding to trade with ACY Securities or any other brokerage.

Market Instruments

ACY Securities offers a wide range of trading instruments to its clients. With over 2200+ trading instruments, traders can access Forex, Precious Metals, Indices, Commodities, Cryptocurrencies, ETFs and Share CFDs. This allows traders to diversify their trading portfolio and take advantage of different market conditions. With so many options, traders can find opportunities in multiple asset classes and take positions based on their trading strategies. The variety of instruments offered by ACY Securities makes it a versatile platform for traders looking for diverse opportunities in the financial markets.

Accounts

Apart from demo accounts, the company offers three live account types to cater to the needs of different traders, namely Standard, ProZero and Bespoke, with minimum deposit requirements of $50, $200, and $10,000 respectively. The minimum trading volume for all these three accounts is 0.01 lots.

Leverage

ACY Securities currently provides 50:1, 100:1, 200:1, 300:1, 400:1, and 500:1 leverage to meet investors' various needs. The maximum leverage for commodities and precious metals is 1:500, the stock index is 1:100, and for share CFDs is 1:25.

While leverage can amplify potential profits, it also increases the risk of significant losses. Therefore, it's important for traders to understand the risks involved and use leverage responsibly, especially for beginner traders who should start with lower leverage until they gain more experience.

Spreads & Commissions

Spreads and commissions with ACY Securities are scaled with the accounts offered. Specifically, the spread is variable on the Standard account, and from 0.0 pips on the ProZero and Bespoke accounts.

Note that the ProZero and Bespoke accounts have a commission-based pricing structure, which means that while the spreads can be tighter, traders need to pay a commission on top of the spread. Specifically, $3/lot per side on the ProZero account and $2.5/lot per side on the Bespoke account. In contrast, there is no commission charged for the Standard account.

Below is a comparison table about spreads and commissions charged by different brokers:

Broker	EUR/USD Spread	Commission
ACY Securities	From 0.0 pips	No commission on Standard,$3/lot per side on ProZero, $2.5/lot per side on Bespoke
RoboForex	From 0.0 pips	$20/lot per side
Hantec Markets	From 1.2 pips	No commission
Key Way Investments	From 0.7 pips	No commission

Note: Spreads can vary depending on market conditions and volatility.

Trading Platforms

ACY Securities provides clients with the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms for desktop, mobile, and web. These platforms are renowned for their user-friendly interfaces and advanced charting capabilities, as well as their extensive range of technical indicators and trading tools.

With MT4 and MT5, traders can customize their trading experience to suit their individual needs, and execute trades quickly and efficiently. The mobile and web versions of the platforms allow traders to access their accounts on-the-go, ensuring that they can always stay up-to-date with market conditions and execute trades at their convenience.

Overall, the availability of these well-established trading platforms can be a significant advantage for traders who are looking for a reliable and versatile trading experience.

See the trading platform comparison table below:

Broker	Trading Platforms
ACY Securities	MT4, MT5
RoboForex	MT4, MT5, cTrader
Hantec Markets	MT4, WebTrader
Key Way Investments	MT4, WebTrader

Trading Tools

ACY Securities offers a variety of trading tools to enhance clients' trading experience. Capitalise.ai is a trading automation platform that enables traders to automate their strategies using natural language. MetaTrader Scripts are designed to help traders automate some repetitive actions in the MT4 and MT5 platforms, such as opening multiple orders or closing all positions at once.

Signal Start is a platform that provides signals from third-party signal providers, which traders can use to make informed trading decisions. Forex VPS is a virtual private server service that allows traders to run their trading platform and expert advisors (EAs) 24/7 without interruptions. With these trading tools, traders can optimize their trading strategies, improve efficiency, and potentially increase profitability.

Deposits & Withdrawals

ACY Securities accepts various payment methods, including Wire Transfer (Local and International), Credit/Debit Cards, Skrill, Doku Wallet, and China Union Pay, and the minimum initial deposit requirement is $50. Bank transfer deposits are free, but your bank may charge for international payments.

ACY Securities minimum deposit vs other brokers

	ACY Securities	Most other
Minimum Deposit	$50	$100

You can make 3 free withdrawals per month, and after that, you will be charged $25 per withdrawal in your base currency, or you can wait for the new month to get your free withdrawals again. The amount you withdraw must be the same as the deposit, and you must withdraw within 20 days of the transaction.

ACY Securities processes withdrawal requests on the same day if received before 16:00 AEST; requests received after that time will be processed on the next business day. The speed of receiving and clearing funds depends on the withdrawal method chosen. Bank transfers take 2-3 business days, while card withdrawals take 3-5 business days.

See the deposit/withdrawal fee comparison table below:

Broker	Deposit Fees	Withdrawal Fees
ACY Securities	Free for most methods	3 free withdrawals/month, then $25
RoboForex	Free for most methods	Depends on the method and country
Hantec Markets	Free for most methods	Depends on the method and country
Key Way Investments	Free for most methods	Depends on the method and country

Please note that the fees may vary depending on the specific payment method used and the country of the trader. It is important to check the broker's website for the most up-to-date information on fees and charges.

Customer Service

ACY Securities provides multiple channels for clients to get in touch 24/5, including phone, email, live chat, and an online messaging system. Clients can also follow the broker on various social media platforms such as Twitter, Facebook, Instagram, YouTube, LinkedIn, and TikTok. In addition, an FAQ section is available on the website to answer common questions.

Overall, ACY Securities' customer service is considered reliable and responsive, with various options available for traders to seek assistance.

Pros	Cons
• Multi-channel support	• No 24/7 customer support
• Live chat support	• Some users have reported difficulties resolving issues with customer service
• FAQ section available
• Social networks updated

Note that these pros and cons are based on user feedback and experiences, and may not necessarily be representative of everyone's experience with ACY Securities' customer service.

Education

ACY Securities places great emphasis on forex education, providing a wide range of learning resources to help traders improve their trading skills and strategies. The broker offers a variety of educational materials, including webinars, e-books, and premium training resources, catering to traders at all levels, from beginners to experienced professionals.

The Market Analysis Webinar provides insight into market trends and helps traders stay up to date with the latest news and events affecting the forex market. The Forex E-books are comprehensive guides that cover various trading strategies, tools, and techniques. The Premium Training Resources are designed to provide traders with personalized education tailored to their individual needs, helping them gain a deeper understanding of the forex market and improve their trading performance.

User Exposure on WikiFX

It is important to exercise caution when investing with any broker, and this includes ACY Securities. It is concerning to see reports of severe slippage and issues with withdrawals from some users. Please be aware and exercise caution when investing. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you.

Conclusion

As a whole, ACY Securities is a regulated and reputable broker that offers a wide range of trading instruments, multiple account types, and various trading platforms. The broker also provides traders with educational resources, trading tools, and excellent customer support. However, there have been some reports of slippage and withdrawal issues, which should be taken into consideration.

In summary, ACY Securities may be a suitable broker for experienced traders looking for a diverse range of trading options and strong support, but potential investors should be aware of the risks involved and exercise caution before investing.

Frequently Asked Questions (FAQs)

Q 1:	Is ACY Securities regulated？
A 1:	Yes. It is regulated by Australia Securities & Investment Commission (ASIC).

Q 2:	Does ACY Securities offer demo accounts？
A 2:	Yes.

Q 3:	Does ACY Securities offer the industry-standard MT4 & MT5？
A 3:	Yes. Both MT4 and MT5 are available.

Q 4:	What is the minimum deposit for ACY Securities？
A 4:	The minimum initial deposit to open an account is $50.

Q 5:	Is ACY Securities a good broker for beginners？
A 5:	No. ACY Securities is not a good choice for beginners. Though it advertises very well, there are too many complaints on the Internet. Take care!

ZFX	Basic Information
Registered Country/Region	London, UK
Founded in	2010
Regulation	FCA, FSA (Offshore)
Tradable Assets	Forex, stocks, indices, commodities, cryptocurrencies
Demo Account	Available
Max. Leverage	1:2000
Spread	From 1.3 pips (Standard account)
Trading Platforms	ZFX mobile app, MT4 Web Trader, MT4 for Windows, Mac and Android & ios
Minimum Deposit	$50
Customer Support	Mon - Fri: 24 hours, Sat - Sun: 07:30 AM to the next day 02:00 A
	Online chat, contact form
	Phone: 400-8424-611
	Email: cs@zfx.com
	Social media: Facebook, Instagram, LinkedIn, Twitter
Regional Restrictions	Residents of the United States of America, Brazil, Canada, Egypt, Iran, North Korea (Democratic People's Republic of Korea), and EU countries are not allowed.

What is ZFX？

Zeal Group of Companies, often referred to collectively as the Zeal Group, is a conglomerate of fintech corporations and regulated financial institutions that trade under the name ZFX. The group specializes in providing liquidity solutions for various types of assets in regulated markets and is backed by exclusive technology. Furthermore, the Zeal Group operates globally, indicating a considerable presence in several major global locations. This global reach, combined with their multi-asset specializations and regulatory frameworks, solidifies their position as a competitive player in the financial industry.

Pros & Cons

ZFX is a broker that offers several advantages and disadvantages to traders.

Pros	Cons
• Regulated by the FCA	• No MT5 platform available
• Multiple account types available	• No Islamic account option for Muslim traders
• Demo accounts available	• Lack of info on deposits and withdrawals
• Low minimum deposit requirement for the Mini Trading Account	• Regional restrictions
• Wide range of funding options
• MT4 and proprietary trading platform supported
• Copy trading available
• Multi-channel support

On the positive side, ZFX is a regulated broker, providing traders with demo accounts option, which is beneficial for beginner traders who want to practice their trading strategies before trading with real money. In addition, ZFX offers competitive trading conditions and low minimum deposit requirement through the popular MetaTrader4 trading platform.

On the negative side, no MT5 platform and no Islamic account option for Muslim traders. And ZFX doesn't reveal any info on deposits and withdrawals. Additionally, the broker does not provide services for residents of certain countries such as the United States of America, Brazil, Canada, Egypt, Iran, North Korea (Democratic People's Republic of Korea), and EU countries.

Is ZFX Legit？

ZFX is a regulated broker. Its company name is Zeal Capital Market (UK) Limited, and it is authorized and regulated by the Financial Conduct Authority (FCA) in the United Kingdom under the registration No. 768451. The FCA is one of the most reputable regulatory bodies in the world, and its strict regulations ensure that ZFX adheres to high standards of transparency and fairness.

ZFX's other entity, Zeal Capital Market (Seychelles) Limited, is authorized and offshore regulated by the Seychelles Financial Services Authority (FSA) under regulatory license number: SD027.

Additionally, ZFX ensures the safety of its clients' funds by keeping them fully segregated in a designated client bank account. This means that the clients' funds are kept separate from ZFX's operating funds. In the event that the company faces financial difficulties or becomes insolvent, the funds in these client accounts cannot be used to meet the liabilities of the company. This measure provides an added layer of security for ZFX clients, ensuring their capital cannot be used for any other purposes aside from their trading activities.

Market Intruments

ZFX provides a comprehensive range of market instruments, catering to diverse trading preferences and strategies. This includes major asset classes such as forex, where traders can engage in currency trading across major, minor, and exotic pairs. For those interested in the stock market, ZFX offers the ability to trade stocks from leading global companies, allowing traders to tap into corporate performance and stock market trends.

Additionally, ZFX includes indices trading, which aggregates the performance of a number of stocks representing a segment of the stock market, providing a broader market exposure. Commodities are also available, offering opportunities to trade in essential goods such as oil and gold, which are often used as hedge investments against inflation or currency devaluation.

Furthermore, ZFX has embraced the growing interest in digital currencies by including cryptocurrencies in their offerings, thus allowing traders to speculate on the highly volatile crypto markets. Overall, ZFX's diverse selection of trading instruments ensures that traders have ample opportunities to diversify their portfolios and explore various market dynamics.

Account Types

Apart from demo accounts, ZFX offers three types of trading accounts, namely Mini Trading, Standard Trading, and ECN Trading accounts. Each account has its own unique features and advantages, catering to different levels of traders with varying trading styles and preferences.

Account Type	Minimum Deposit
Mini	＄50
Standard STP	＄200
ECN	＄1000

• Mini Trading Account: The Mini Trading account is designed for beginner traders who are new to the forex market. It requires a minimum deposit of $50 and offers the minimum FX spreads starting from 1.5 pips. The leverage is up to 1:2000, and the minimum trading size is 0.1 lots.

• Standard Trading Account: The Standard Trading account is designed for experienced traders who require a more comprehensive trading environment. It requires a minimum deposit of $200 and offers floating spreads starting from 1.3 pips. The leverage is up to 1:500, and the minimum trading size is 0.01 lots.

• ECN Trading Account: The ECN Trading account is designed for professional traders who require direct access to liquidity providers. It requires a minimum deposit of $1,000 and offers spreads starting from 0.2 pips (commission may apply). The leverage is up to 1:500, and the minimum trading size is 0.01 lots.

Pros	Cons
• Variety of account types to choose from	• Limited features in the Mini account
• Low minimum deposit requirement for the Mini account	• High minimum deposit requirement for the ECN account
• Access to high leverage for all account types	• No Islamic account option available

How to Open an Account？

Opening an account with ZFX is a simple and straightforward process that can be completed in just a few steps.

• First, navigate to the ZFX website and click on the “Open an Account”or 'Start Trading Now' button.

• You will then be prompted to fill out a registration form with your personal information, including your country of residence, name, surname, phone number, email address, password, and referral code (optional). Confirm that you have read 'Terms & Conditions' and then click the 'Register' button.

• Next, you will need to choose the account type that best suits your needs, whether it be a Mini Trading, Standard Trading, or ECN Trading account. Each account type has its own minimum deposit requirement, so be sure to check the details carefully before making your selection.

• Once you have completed the registration form and selected your account type, you will need to provide some additional documentation to verify your identity and address. This typically includes a copy of your passport or national ID card, as well as a recent utility bill or bank statement. Once your account has been approved, you will be able to fund it and start trading in the financial markets.

Leverage

The maximum leverage offered by ZFX is up to 1:2000 and the leverage amount may vary depending on the account type and trading instrument. Additionally, ZFX operates on a tiered margin system, where the leverage is determined based on account equity. For accounts with equity between $0 and $3,000, the maximum leverage is 1:2000. For equity between $3,001 and $10,000, the maximum leverage is 1:1000. More detailed info on leverage can be found in the screenshot below:

Please note that high leverage carries a high level of risk, as it amplifies both potential profits and losses. Traders should carefully consider their risk tolerance and financial situation before utilizing high leverage ratios. ZFX also provides negative balance protection to help mitigate the risk of account balances falling below zero.

Spreads & Commissions

ZFX says it offers competitive spreads and commissions on its trading instruments, which vary depending on the account type and market conditions. The broker operates on a variable spread model, meaning that the spread can widen or narrow based on the volatility of the markets.

Account Type	Spreads	Commissions
Mini Trading	From 1.5 pips	N/A
Standard Trading	From 1.3 pips
ECN Trading	From 0.2 pips

For the Mini Trading account, the minimum spread for forex pairs is 1.5 pips. The Standard Trading account has a minimum spread of 1.3 pips for forex pairs. The ECN Trading account has a minimum spread of 0.2 pips for forex pairs. However, no specific info on commissions is revealed openly.

Trading Platforms

ZFX offers the popular trading platform MetaTrader 4 (MT4), which is widely recognized in the forex industry for its user-friendly interface and advanced trading tools. MT4 provides access to various order types, technical analysis tools, and customization options, making it suitable for both novice and experienced traders. In addition, ZFX offers mobile versions of the MT4 platform for both iOS and Android devices, enabling traders to access the markets from anywhere, at any time.

ZFX also provides a mobile application for its clients, ensuring they can trade on the go. This ZFX Mobile App offers access to all the major features of the trading platform and enables clients to manage their portfolio, place trades, and monitor the markets from their mobile device.

The mobile app can be a valuable tool for traders who need the flexibility to trade anywhere and anytime, while still having access to key functionalities of the platform. Before using the app, make sure it is downloaded from an official source like the App Store or Google Play to ensure security and authenticity.

Copy Trading

ZFX offers a Copy Trade feature, which is great news for both beginner and busy traders. Copy trading, also known as social trading, allows traders to automatically copy the trades of experienced and successful traders. This can help beginners to learn trading strategies from experienced traders, and help busy traders to automate their trading. By using the Copy Trade feature, you can potentially increase your chances of making profitable trades.

Remember, however, that while copy trading can increase potential profits, it also carries all the usual risks of trading, including potential losses. So, it's important to select a reliable trader to follow and to monitor your trades.

Education

ZFX is committed to providing an extensive educational framework to support both novice and experienced traders through their A-to-Z Academy, which offers comprehensive learning resources designed to master trading from the basics to advanced strategies. This initiative underscores ZFX's dedication to empowering its clients with the knowledge needed to navigate the financial markets confidently.

Additionally, ZFX enhances trader support with a 24/7 Help Center, serving as a constant trading support hub where traders can obtain assistance at any time.

The platform also features a detailed Glossary, which acts as a valuable dictionary for demystifying complex trading terminology, making the trading language more accessible to everyone.

Moreover, their FAQ section addresses common queries related to trading mechanics, account management, funding procedures, withdrawals, and specific product details.

Collectively, these educational resources equip ZFX traders with a solid foundation of knowledge and continuous support, facilitating a well-rounded and informed trading experience.

Customer Support

ZFX provides robust customer support with extensive availability and multiple communication channels to ensure that traders can receive assistance whenever needed. Operating hours extend throughout the week, with round-the-clock support from Monday to Friday and extended hours over the weekend from 07:30 AM to 02:00 AM the next day, accommodating traders across different time zones.

Traders can reach out via online chat for immediate responses, use the contact form for less urgent inquiries, or call directly through the phone number 400-8424-611 for personalized assistance. Additionally, ZFX can be contacted through email at cs@zfx.com for comprehensive support.

The broker also maintains a strong presence on several social media platforms including Facebook, Instagram, LinkedIn, and Twitter, allowing traders to stay connected and informed about the latest updates and offerings. This multi-faceted approach ensures that ZFX's clients receive timely and effective support, enhancing their trading experience.

Conclusion

Overall, ZFX is a reputable option for traders looking to access the financial markets. The broker's maximum trading leverage of 1:2000, based on account equity, is one of the highest in the industry and can provide traders with significant opportunities for profit. Additionally, competitive spreads and a choice of popular MT4 trading platforms further strengthen ZFX's position as a reliable broker.

Frequently Asked Questions (FAQs)

Question 1:	Is ZFX regulated？
Answer 1:	Yes. It is regulated by FCA and FSA (Offshore).

Question 2:	At ZFX, are there any regional restrictions for traders？
Answer 2:	Yes. It does not provide services for residents of certain countries such as the United States of America, Canada, Egypt, Iran and North Korea (Democratic People's Republic of Korea).

Question 3:	Does ZFX demo accounts？
Answer 3:	Yes.

Question 4:	Does ZFX offer industry leading MT4 & MT5？
Answer 4:	Yes. It supports MT4 and ZFX Mobile App.

Question 5:	What is the minimum deposit for ZFX？
Answer 5:	$50 for the Mini Trading account, while higher for other account types.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.