ACY Securities vs Tickmill - 2024 Comparison | FxScouts
AuthorAuthor: Björn MichelsUpdated: Nov 15, 2023

Last Updated On Nov 15, 2023

Björn Michels

Trading with a reputable online broker is a crucial factor for success in the international markets. At FxScouts, we help you find the broker that suits your trading needs.

Each year we spend thousands of hours testing brokers by opening accounts, testing their platforms, and rating them according to a set of over 200 metrics. We deposit real money with the brokers to ensure that the products and user experience they advertise are consistent with reality.

We have found that the best way for traders to choose a broker is to compare brokers side-by-side. The comparison tool below allows you to compare two brokers based on their ratings and features.

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How do Tickmill and ACY Securities stack up against each other?

The Radar Chart below highlights how the brokers stack up against each other across various metrics. The highest score a broker can receive in each area is 5.

ACY Securities

Tickmill

At FxScouts, we help traders find the broker that suits their trading needs. In many cases, the best way to achieve this is to compare brokers side-by-side.

To compare Tickmill and ACY Securities, we used the same factors we use when reviewing brokers: The trust and regulation of the broker, the trading platform, the costs and trading conditions, and the level of education and market analysis available at the broker.

Does Tickmill or ACY Securities have a better trust and regulation rating?

Trust and regulation are some of the most important factors to consider when choosing a Forex broker. Trust in the Forex trading business is almost entirely founded upon regulation. We spend many hours evaluating the safety of each broker by delving into their fine print and confirming each one of their regulatory licences on the online registers. The more top-tier authorities a broker is regulated by, the higher its trust rating.

In our comparison, we found that Tickmill holds two Tier 1 and one Tier 2 licences, and ACY Securities holds one Tier 1 and no Tier 2 licences.

 

Is Tickmill financially regulated?

Yes Tickmill was founded in 2014 and is regulated by CySEC, DFSA, FCA, FSCA, LFSA and FSA-Seychelles.

 

Is ACY Securities financially regulated?

Yes ACY Securities was founded in 2011 and is regulated by ASIC and VFSC.

 

Based on these findings, Tickmill earned a higher trust rating than ACY Securities.

Does Tickmill or ACY Securities have lower costs?

Another important aspect we consider when comparing brokers is the cost of trading. When evaluating trading costs, we always consider the minimum deposit required to open an account and the ongoing trading costs, including the spreads and commissions. When calculating trading costs, we measure the cost to trade one lot of EUR/USD using the broker’s account with the lowest minimum deposit. The cost includes both the spread and any commission charged. 

Not all brokers publish their trading costs, so we often open accounts and trade on their platforms to verify the spreads and commissions. Based on our reviews, we found that Tickmill has overall lower trading costs than ACY Securities. 

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Broker
Trading Conditions
Base Currencies
EURUSD (Standard)
Trading Cost (Standard)
EURUSD (Best)
GBPUSD (Best)
USDJPY (Best)
Commission
ACY Securities
11110.54.5/ 5
USD, AUD, EUR, GBP, NZD, CAD, JPY
1.00 pips
USD 10
0.30 pips
1.60 pips
1.20 pips
USD 0
Tickmill
111115/ 5
USD, EUR, GBP, PLN
0.00 pips
USD 6
0.10 pips
0.30 pips
0.10 pips
USD 6

 

Does Tickmill or ACY Securities offer a better choice of trading platforms?

Traders want Forex brokers to offer them a choice of trading platforms, so we give brokers who offer multiple platforms higher ratings. Trading platforms we consider include MetaTrader4, MetaTrader5, cTrader and proprietary mobile and web-based platforms. 

In this case, Tickmill offers support for MT4 and MT5 and ACY Securities offers support for MT4 and MT5. 

Do the brokers offer copy trading?

In this case both ACY Securities and Tickmill offer copy trading.

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Broker
Platform Choice
Copy Trading
Platforms
Tickmill
11110.54.5/ 5

 

Which broker offers a better choice of trading instruments?

A variety of CFD instruments – and a large range of CFDs for each instrument category allow traders more opportunities for profitable trading. The best brokers will have thousands of CFDs to trade, covering all these instrument categories. We found that ACY Securities offers a greater range and depth of instruments to trade than Tickmill. ACY Securities offers 63 Forex pairs to trade and Tickmill offers 62 Forex pairs to trade.

Toplist Forex Pairs

And what about Cryptocurrencies?

In this case, Tickmill offers 9 cryptocurrencies while ACY Securities offers 9 cryptocurrencies. So if you want to trade cryptocurrencies, we advise trading with Tickmill.

Which broker offers better deposit and withdrawal processes?

Although brokers may have reasonable trading fees, many traders are caught out by the high non-trading fees charged by some brokers, including deposits and withdrawals. Traders want to be able to deposit and withdraw funds quickly and cheaply. Most brokers have multiple funding methods with zero fees for making deposits, but some brokers make it more expensive and take longer to process withdrawals. 

We rate brokers more highly that process withdrawals within 24 hours by multiple withdrawal methods and without charging processing fees. We found that neither ACY Securities nor Tickmill charges a withdrawal fee. Overall, Tickmill has better deposit and withdrawal processes than ACY Securities. 

Which broker offers better educational support?

We often find that brokers offer very little in the way of educational materials, forcing traders to use other third-party sites or self-educate elsewhere. Beginner traders need well-structured, well-presented materials in multiple formats to get a good start at trading. More experienced traders also benefit from webinars led by experts in the field and advanced trading strategy sections with new trading ideas. 

Tickmill has better educational support than ACY Securities. Both ACY Securities and Tickmill offer educational support for more experienced traders.

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Broker
Beginner Course
Advanced Course
Tickmill

 

Which broker offers better market analysis materials?

To successfully predict the price movements of an instrument, traders will need access to frequent market research and analysis. We find that research and market analysis are always better when they are produced in-house and updated frequently. Third-party resources don’t show the same expertise in trading ideas, so we place a strong emphasis on frequent in-house updates. Some brokers also often offer interactive webinars where traders can learn from experts in the field. 

We found that Tickmill offers better research analysis than ACY Securities and that both ACY Securities and Tickmill offer frequent webinars.

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Broker
Economic Calendar
Autochartist
Trading Central
Trading View
Free VPS
ACY Securities
Tickmill

 

Our overall Verdict on Tickmill

A trustworthy broker with MT4 and MT5 support and two of the lowest-cost trading accounts in the industry, Tickmill provides a perfect trading environment for serious beginners and more experienced traders. However, traders from India will be onboarded through Tickmill’s Seychelles-based entity, which provides less protection than regulators in the EU or Australia.

With two account types on offer, the Raw has market-leading trading conditions, leaving the fixed-fee Classic Account feeling out of place. The Raw account has a spread from 0 pips on the EUR/USD, a 100 USD minimum deposit, and a commission of 6 USD (round turn) per 1 lot traded. The commission-free Classic Account, also with a 100 USD minimum deposit, has a spread of 1.6 pips (EUR/USD), which is higher than the industry average.

Education and market analysis are both excellent and experienced traders will appreciate the wide range of currency pairs.

Overall, while Tickmill’s standard account is more expensive than other similar brokers, the two low-cost commission accounts make it an excellent choice of broker for Metatrader users looking for a new broker.

Our overall Verdict on ACY Securities

With a large number of tradable assets on the MT4 and MT5 platforms, ACY Securities provides an optimal trading environment for serious beginners and more experienced traders.

ACY Securities offers three live accounts with higher minimum deposits linked to tighter spreads.  Its commission-free entry level account has spreads that start at 1.00 pip (EUR/USD) and requires a minimum deposit of 50 USD, making it accessible to beginner traders.  The Bespoke account will appeal to more experienced traders, with spreads that start at 0 pips (EUR/USD) for a low commission of 5 USD (round turn), but this is in exchange for a minimum deposit of 10,000 USD.  

Trading is offered on both the MT4 and MT5 platforms, and experienced traders will appreciate the wide range of financial assets on offer, including over 60 Forex pairs, commodities, indices, share CFDs, ETFs, and cryptocurrencies.  

One drawback for traders considering ACY securities is the lack of market analysis and trading tools on offer, forcing traders to perform research on other third-party platforms.

Which broker has the highest overall rating?

Tickmill has an overall rating of 4.58 and ACY Securities has an overall rating of 4.08. For more detail please read our reviews of Tickmill and ACY Securities.

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