ACY Securities
Chris Cammack May 25, 2020 08:25 AM
ACY has a large number of instruments on the MT4 and MT5 platforms, and a variety of low-cost trading accounts, but Malaysian traders will be onboarded through ACY Securities’ VFSC-regulated entity, which means they will have little recourse in the event of a dispute with the broker. But ACY Securities' Australian entity is regulated by ASIC and it provides all traders with negative balance protection. ACY Securities’ commission-based accounts have spreads that start at 0 pips (EUR/USD) in exchange for commissions of between 5 and 6 USD, which is highly competitive. Experienced traders will also appreciate the wide range of instruments on offer, including 60+ Forex pairs and over 1600 share CFDs. Overall, if you can look past the lack of regulatory oversight, you will find a low-cost broker with a wide range of tradable assets, decent educational and market analysis materials, and a good selection of trading tools.