Top 8 Locally Based Brokers
ACY Securities Review
Overall, ACY Securities is considered average risk, with an overall Trust Score of 74 out of 100. ACY Securities is licensed by one tier-1 regulator (high trust), zero tier-2 regulators (average trust), and one tier-3 regulator (low trust). ACY Securities offers three different retail trading accounts namely a Standard Account, ProZero Account, and Bespoke Account. ACY Securities is currently not regulated by the CMA of Kenya
- Louis Schoeman
Jump to:
Regulation and Safety of Funds
Account Types and Features
Account Registration
Range of Markets
Fees
Deposits and Withdrawals
Education and Research
Affiliate Program
Final Verdict
Pros and Cons
FAQ
Overall Rating
- 4.7/5
Min Deposit
USD 50 / 5,700 Kenyan
Regulators
ASIC, VFSC
Trading Desk
MetaTrader 4
Crypto
Yes
ACY Securities Review – 23 key points quick overview:
ACY Securities Overview- ACY Securities At a Glance
- ACY Securities Regulation and Safety of Funds
- ACY Securities Account Types and Features
- ACY Securities Account Registration
- Broker Comparison
- ACY Securities Trading Platforms
- Range of Markets
- Broker Comparison for Range of Markets
- ACY Securities Trading and Non-Trading Fees
- ACY Securities Deposits and Withdrawals
- How to Deposit Funds with ACY Securities
- ACY Securities Fund Withdrawal Process
- ACY Securities Education and Research
- ACY Securities Bonuses and Promotions
- How to open an Affiliate Account with ACY Securities
- ACY Securities Affiliate Program Features
- ACY Securities Corporate Social Responsibility
- Verdict on ACY Securities
- ACY Securities Current Popularity Trends
- ACY Securities Pros and Cons
- Frequently Asked Questions
- Conclusion
ACY Securities Overview
👉 ACY Securities is based in Australia and the broker does not have a local branch in Nairobi, Kenya. While Kenya’s Capital Markets Authority (CMA) does not regulate ACY Securities, the Australian Securities and Investment Commission (ASIC), and the Vanuatu Financial Services Commission (VFSC) oversee and regulate ACY Securities, providing a secure and transparent framework.
👉 With the broker’s large network of top-tier liquidity providers and investments in innovative trading platforms and better trading technology, Kenyan traders who utilize the ECN model can feel confident that they are getting the best trading conditions, pricing, and trade execution.
👉 This ACY Securities review will provide traders with the details that they need to consider whether the broker is suited to their unique trading objectives and needs.
Distribution of Traders
👉 The distribution of traders with ACY Securities is as follows:
➡️️ Australia – 37%
➡️️ Columbia – 13.3%
➡️️ Egypt – 6.6%
➡️️ Philippines – 5.6%
➡️️ Russian Federation 4.4%
Popularity among traders who choose ACY Securities
🥇 While ACY Securities focuses on the Australian market, the broker accepts Kenyan traders, placing it in the top 100 forex brokers for Kenyan traders.
ACY Securities At a Glance
| 🏛️ Headquartered | Sydney, Australia |
| 🏛️ Local Market Regulator in Kenya | Capital Markets Authority (CMA) |
| 👍 Accepts Kenyan Traders? | Yes |
| 📅 Year Founded | 2011 |
| 📱 Kenyan Office Contact Number | None |
| ⚖️ Regulation | ASIC, VFSC |
| 🔎 License Number | Australia – AFSL 403863 and ABN 80150565781 Vanuatu – VFSC 012868 |
| ⚖️ CMA Regulation | None |
| ✴️ Regional Restrictions | United States |
| ☪️ Islamic Account | Yes |
| 📈 Demo Account | Yes |
| 📈 Retail Investor Accounts | 3 |
| 📊 PAMM Accounts | Yes |
| 📊 Liquidity Providers | 16 global banks |
| 💰 Affiliate Program | Yes |
| 📊 Crypto trading offered? | Yes |
| 🚀 Offers a KES Account? | No |
| 💻 Dedicated Nigerian Account Manager? | No |
| 📈 Maximum Leverage | 1:500 |
| 📈 Leverage Restrictions for Kenya? | No |
| 💳 Minimum Deposit (KES) | 5,700 Kenyan shilling equivalent to $50 |
| 💳 Kenyan shilling Deposits Allowed? | Yes |
| 💰 Active Kenyan Trader Stats | 70,000+ |
| 📈 Active Kenyan-based ACY Securities customers | Unknown |
| 💰 Kenya Daily Forex Turnover | $100 million+ |
| 💳 Deposit and Withdrawal Options | Credit Card Debit Card Wire Transfer Skrill Neteller China Union Pay Doku Wallet |
| 💰 Segregated Accounts with Kenyan Banks? | No |
| 💻 Trading Platforms | MetaTrader 4 MetaTrader 5 |
| 💰 Tradable Assets | Forex Precious Metals Indices Commodities Shares ETFs Cryptocurrency |
| 🌐 Offers USD/KES currency pair? | No |
| 🌐 USD/NGN Average Spread | N/A |
| 📈 Offers Kenyan Stocks and CFDs | None |
| 👨💼 Languages supported on Website | English, Chinese, Vietnamese, Arabic, Thai, Japanese, Romanian, French, Portuguese, Spanish, Russian, Italian, and several others. |
| 👥 Customer Support Languages | Multilingual |
| 👥 Customer Service Hours | 24/5 |
| 👥 Kenyan-based customer support? | No |
| 💰 Bonuses and Promotions for Kenyans | None |
| ✴️ Education for Kenyan beginners | Yes |
| 📊 Proprietary trading software | No |
| 💰 Most Successful Kenyan Trader | Patrick Mahinge (Net Worth – Private) |
| ✔️ Is ACY Securities a safe broker for Kenyans? | Yes |
| ✔️ Rating for ACY Securities Kenya | 8/10 |
| ✔️ Trust score for ACY Securities Kenya | 74% |
| 👉 Open an account | 👉 Open Account |
ACY Securities Regulation and Safety of Funds
ACY Securities does not hold regulation or authorization through the Capital Market Authority in Kenya, but the broker is overseen and well-regulated as follows:
ACY Securities Pty Ltd, or ACY AU, is well-regulated by the Australian Securities and Investments Commission and has held this license since July 2011 under AFSL 403863.
ACY Capital Australia Limited, or ACY LTD, is registered in Vanuatu and the broker holds licenses through the Vanuatu Financial Services Commission under license number 012868.
ACY AU as well as ACY LTD use the trading name ACY Securities and all Australian clients are onboarded through ACY AU, while all other clients including Kenyans are onboarded with ACY LTD, subject to local laws or any additional regulations in the region as indicated by the CMA.
All client monies are maintained in properly separated Commonwealth Bank client trust accounts. Client money is maintained separate from ACY corporate finances and will not be used to repay creditors if ACY becomes bankrupt.
To guarantee the correct usage and security of the client’s money, ACY Securities accepts a variety of deposit and withdrawal methods, including credit cards, bank transfers, and international transfers.
ACY AU and ACY LTD maintain Professional Indemnity Insurance on behalf of their respective clients, according to ASIC’s Regulatory Guide 126 and the VFSC’s Professional Indemnity Insurance requirements.
ACY Securities is a participant in several third-party dispute resolution systems. Internally, professional support and the compliance team review complaints to guarantee that the overall trading experience with ACY Securities is unmatched.
Clients have the option of escalating to an independent external resolution system, which in the case of ACY AU is AFCA, and in the case of ACY LTD is VFSC. ACY Securities asks all customers to present full and correct verification of identification and address when creating a live trading account.
Kenyan traders must ensure that their deposits and withdrawals are made from/to the same name in which the trading account is registered. Third-party payments are not permitted and in addition, ACY Securities is dedicated to upholding its privacy commitments as set out in the Privacy Policy Statement.
This privacy statement explains how the broker collects, uses, discloses, and safeguards personal information about people who apply for or use the broker’s services. Kenyans who require additional information on the Privacy Policy of ACY Security can find additional documentation on the broker’s official website.
ACY Securities Account Types and Features
Kenyan traders can expect these live trading accounts when they deal with this broker:
Standard Account
ProZero Account
Bespoke Account
Live Trading Accounts
Standard Account
This is a common and entry-level account that is suitable for most Kenyan retail traders. Below are the trading conditions and characteristics that traders may anticipate.
| Account Feature | Value |
| 💳 Initial Minimum Deposit (KES) | 5,700 Kenyan shilling equivalent to $50 |
| 📈 Minimum Deposit after the initial | 5,700 Kenyan shilling equivalent to $50 |
| 🔎 Minimum Trading Volume | 0.01 lot |
| 📈 Swap-Free Account Option | Yes |
| 📊 Average Spreads on Major Forex Pairs | AUD/USD – 1.3 Pips GBP/USD – 1.6 Pips EUR/USD – 1 Pip USD/JPY – 1.2 Pips XAU/USD – $0.2 WTI/USD – $0.04 |
| 💰 Forex Commissions per round turn | None |
| 🔨 Precious Metals Commissions per round turn | None |
| 📱 Commissions on Indices per round turn | None |
| 🚀 Maximum Leverage Ratio | From 1:30 to 1:500 depending on region and experience |
| 💸 Account Base Currency | USD, AUD, EUR, GBP, NZD, CAD, JPY |
| 👥 One-on-one Service | Yes |
| 📈 Access to Market Analysis | Yes |
| 💵 Deposit Fees | None |
| 📉 Share CFDs offered on MT5 | • ASX – 290+ • NYSE – 820+ • NASDAQ – 450+ • ARC – 110+ |
| 💻 Margin Requirement on MT5 | 20% |
| 📲 DMA share CFD Exchanges on MT5 | ASX, NYSE, NASDAQ, ARC |
ProZero Account
The ProZero Account is designed for advanced traders seeking the greatest trading circumstances possible. This account is ideal for traders that use algorithms, scalpers, high-frequency traders, and other sophisticated traders.
| Account Feature | Value |
| 💳 Initial Minimum Deposit (KES) | 23,000 KES equivalent to $200 |
| 📈 Minimum Deposit after the initial | 5,700 Kenyan shilling equivalent to $50 |
| 🔎 Minimum Trading Volume | 0.01 lot |
| 📈 Swap-Free Account Option | No |
| 📊 Average Spreads on Major Forex Pairs | AUD/USD – 0.0 Pips GBP/USD – 0.0 Pips EUR/USD – 0.0 Pip USD/JPY – 0.0 Pips XAU/USD – $0.06 WTI/USD – $0.034 |
| 💰 Forex Commissions per round turn | USD – US$6 AUD – AU$8.5 EUR – €5.5 GBP – £5 NZD – NZ$9 CAD – CA$8 JPY – ¥700 |
| 🔨 Precious Metals Commissions per round turn | USD – US$6 AUD – AU$8.5 EUR – €5.5 GBP – £5 NZD – NZ$9 CAD – CA$8 JPY – ¥700 |
| 📱 Commissions on Indices per round turn | None |
| 🚀 Maximum Leverage Ratio | From 1:30 to 1:500 depending on region and experience |
| 💸 Account Base Currency | USD, AUD, EUR, GBP, NZD, CAD, JPY |
| 👥 One-on-one Service | Yes |
| 📈 Access to Market Analysis | Yes |
| 💵 Deposit Fees | None |
| 📉 Share CFDs offered on MT5 | ASX – 290+ NYSE – 820+ NASDAQ – 450+ ARC – 110+ |
| 💻 Margin Requirement on MT5 | 20% |
| 📲 DMA share CFD Exchanges on MT5 | ASX, NYSE, NASDAQ, ARC |
Bespoke Account
This is a professional account designed for Kenyan traders who understand the dangers associated with trading and can manage their risk exposure. This account enables traders to trade in an infinite number of worldwide marketplaces.
| Account Feature | Value |
| 💳 Initial Minimum Deposit (KES) | 1,100,000 KES equivalent to $10,000 |
| 📈 Minimum Deposit after the initial | 5,700 Kenyan shilling equivalent to $50 |
| 🔎 Minimum Trading Volume | 0.01 lot |
| 📈 Swap-Free Account Option | No |
| 📊 Average Spreads on Major Forex Pairs | AUD/USD – 0.0 Pips GBP/USD – 0.0 Pips EUR/USD – 0.0 Pip USD/JPY – 0.0 Pips XAU/USD – $0.06 WTI/USD – $0.034 |
| 💰 Forex Commissions per round turn | USD – US$6 AUD – AU$8.5 EUR – €5.5 GBP – £5 NZD – NZ$9 CAD – CA$8 JPY – ¥700 |
| 🔨 Precious Metals Commissions per round turn | USD – US$6 AUD – AU$8.5 EUR – €5.5 GBP – £5 NZD – NZ$9 CAD – CA$8 JPY – ¥700 |
| 📱 Commissions on Indices per round turn | None |
| 🚀 Maximum Leverage Ratio | From 1:30 to 1:500 depending on region and experience |
| 💸 Account Base Currency | USD, AUD, EUR, GBP, NZD, CAD, JPY |
| 👥 One-on-one Service | Yes |
| 📈 Access to Market Analysis | Yes |
| 💵 Deposit Fees | None |
| 📉 Share CFDs offered on MT5 | ASX – 290+ NYSE – 820+ NASDAQ – 450+ ARC – 110+ |
| 💻 Margin Requirement on MT5 | 20% |
| 📲 DMA share CFD Exchanges on MT5 | ASX, NYSE, NASDAQ, ARC |
Demo Account
A demo account is a practice account that offers traders a certain amount of virtual funds that they can use, allowing them to enter the live market without risking their capital.
There is a certain degree of risk involved when trading financial markets and ACY Securities offers its clients a risk-free platform where they can test strategies, practice trading, and explore what the broker offers in a safe trading environment with real market conditions.
Islamic Account
Depending on the trading style and the trading strategy of the forex trader, they may keep their trading positions open for longer than 24 hours on a trading day.
This means that the trader could incur an overnight or rollover fee. This is a type of interest that is prohibited by Riba principles of Sharia law, which means that Muslim traders are often restricted in forex trading.
ACY Securities provides Muslim traders in Kenya with the option of changing their Standard Account to a Swap-Free Islamic Account, which eliminates overnight fees and swaps.
However, Kenyans should be aware of the following extra administrative fees:
Major Currency Pairs – forex, metals, indices, and cryptocurrency – a flat fee of US$2.50 per day, per lot.
Minor Forex Pairs – forex, metals, indices, cryptocurrencies – a flat fee of US$5 per day, per lot.
Exotic Pairs – forex, metals, indices, and cryptocurrencies – a flat fee of US$10 per day, per lot.
Overall Rating
- 4.7/5
Min Deposit
USD 50 / 5,700 Kenyan
Regulators
ASIC, VFSC
Trading Desk
MetaTrader 4
Crypto
Yes
Total Pairs
60+ ECN pairs
Islamic Account
Yes
Trading Fees
Low
Account Activation Time
24 Hours
ACY Securities Account Registration
Account registration with ACY Securities is effortless, and Kenyans can begin the process by visiting the broker’s official website and clicking on the blue “Open an Account” banner to get started.
Traders can register for a personal or corporate account and enter information about their country of residence, title, and some personal and contact information. Traders can then give further information about their income and occupation, as well as their trading history, and then continue by uploading proof of their identification and their residence.
After this information is verified and compared to the information provided in the application, the account will be authorized, and traders can make the required minimum deposit according to the trading account they wish to use to begin trading.
ACY Securities vs RoboForex vs AvaTrade Broker Comparison
| ACY Securities | RoboForex | AvaTrade | |
| ⚖️ Regulation | ASIC, VFSC | IFSC | Central Bank of Ireland (CBI), BVI FSC, ASIC, FSCA, JFSA, FFAJ, ADGM, FRSA, CySEC, ISA |
| 📱 Trading Platform | MetaTrader 4 MetaTrader 5 | MetaTrader 5 MetaTrader 5 cTrader R StocksTrader RoboForex Terminal CopyFX App | AvaTradeGO AvaOptions AvaSocial MetaTrader 4 MetaTrader 5 DupliTrade ZuluTradeb |
| 💰 Withdrawal Fee | Yes | Yes | No |
| 📈 Demo Account | Yes | Yes | Yes |
| 📊 Min Deposit | 5,700 KES | 1,100 KES | 11,400 KES |
| 💰 Leverage | 1:500 | 1:2000 | 1:400 |
| 💳 Spread | Variable, 0.0 pips | From 0.0 pips | Fixed, from 0.9 pips |
| ✴️ Commissions | From $5 | $3 to $4 | None |
| 💳 Margin Call/Stop-Out | 100%/50% | Stop-out 100% to 10% | 25%/10% |
| 📊 Order Execution | STP | Market | Instant |
| 💰 No-Deposit Bonus | No | Yes | No |
| 💰 Cent Accounts | No | No | No |
| 📊 Account Types | Standard Account ProZero Account Bespoke Account | RoboForex Prime Account RoboForex ECN Account RoboForex R StocksTrader Account RoboForex ProCent Account RoboForex Pro Account | Standard Live Account Professional Account Option |
| ⚖️ CBN Regulation | No | No | No |
| 💵 KES Deposits | Yes | Yes | No |
| 💳 Kenyan shilling Account | No | No | No |
| 👥 Customer Service Hours | 24/5 | 24/7 | 24/5 |
| 🛍 Retail Investor Accounts | 3 | 5 | 1 |
| ☪️ Islamic Account | Yes | Yes | No |
ACY Securities Trading Platforms
ACY Securities offers Kenyan traders a choice between these trading platforms:
➡️ MetaTrader 4
➡️ MetaTrader 5
Desktop Platforms
➡️ MetaTrader 4
➡️ MetaTrader 5
MetaTrader 4
MT4 is one of the most widely used trading platforms in the forex and CFD trading industry and it has been around for years. A large part of MT4’s popularity stems from the wealth of useful features and tools it provides to traders of all skill levels. Access to MT4 WebTrader, desktop, and mobile applications for iOS and Android smart devices is available to ACY Securities customers.
Multiple charting, analysis, trading, and plugin programs are supported by MT4. A C++-based programming language called MQL4 can be used by traders to create plugins for the MetaTrader 4 platform. Trading tactics may be automated using EAs, which are software robots.
MT4’s strategy tester and the MQL4 programming language may be used to create and test expert advisors, which can then be uploaded to the MT4 trading platform.
MetaTrader 5
ACY Securities also provides the modern and robust MetaTrader 5 (MT5) trading platform. In comparison to the MT4 platform, which it replaces, the MT5 one offers more features and greater potential than the old one did.
In addition, MT5 offers:
➡️ Additional chart time frames and order types
➡️ Additional technical indicators
➡️ Access to Depth of market (DOM) level II pricing
➡️ A built-in economic calendar
➡️ Multi-currency strategy testers
➡️ The ability to trade equities in addition to FX, commodities, and indices.
WebTrader Platforms
➡️ MetaTrader 4
➡️ MetaTrader 5
MetaTrader 4
An extensive range of tools and capabilities are available to MT4 for Web clients. Traders have the option of using Windows, Mac, or Linux, and the platform and trading accounts are safeguarded by the most advanced security methods.
ACY’s MT4 for Web technology allows traders to access global financial markets from any place at any time. Another advantage of MT4 is that trades can be executed quickly and reliably because of the platform’s simplicity and efficiency.
MetaTrader 5
ACY Securities also offers Kenyan traders access to MetaTrader 5. When it comes to the MT5 platform, consumers have access to everything they need in a single browser. From your web browser, you may get the same level II pricing, deep liquidity feeds and spreads as low as 0.0 pips.
Trading App
➡️ MetaTrader 4
➡️ MetaTrader 5
MetaTrader 4
You may get the MT4 mobile app from the various app stores for iOS and Android. The mobile app is used by millions of traders across the globe to track the markets, input positions, run analyses, check account balances, open trades, and get the latest market information.
The program is easy to use, lightweight, reliable, and quick, making it the perfect mobile trading app for Kenyan traders on the move.
Live quotes, real-time charting, and real-time trading are all available, as is a simulated trading environment. Traders on the move will appreciate the MT4 mobile app’s market analysis and trade execution capabilities.
MetaTrader 5
ACY Securities’ MT5 trading app can be accessed from any location in the globe, especially with mobile trading in Kenya continuing to grow at an exponential rate. With the help of MT5’s mobile solutions, you can examine, amend, and alter all your orders from anywhere given that you have a stable internet connection.
Range of Markets
Kenyan traders can expect the following range of markets from ACY Securities:
➡️ Forex – over 60 pairs including major, minor, and exotic forex pairs
➡️ Precious Metals including spot Gold, Spot Silver against the US Dollar, Eurodollar, and Aussie dollar
➡️ Indices – Index CFDs are great for traders who want to take a position on the top worldwide indexes, such as the SP500, Dow Jones, Germany’s Dax, and the Aussie 200, to mention a few
➡️ Commodities – Commodity CFD trading is one of the most liquid and active markets in the world. Kenyans can invest in WTI and Brent Crude Oil, Copper, Aluminium, and other commodities with ACY Securities’ low spreads
➡️ Shares
➡️ ETFs – Many of the world’s largest firms, including Apple, Facebook, Tesla, and BHP may be traded on ACY via some of the most reputable exchanges in the world
➡️ Cryptocurrency – ACY Securities offers popular pairings including BCH/USD, BTC/USD, ETH/USD, LTC/USD, XRP/USD, XLM/USD, and many more
Broker Comparison for Range of Markets
| ACY Securities | RoboForex | AvaTrade | |
| 💰Forex | Yes | Yes | Yes |
| 🔨 Precious Metals | Yes | Yes | Yes |
| 💰 ETFs | Yes | Yes | Yes |
| 📊 CFDs | Yes | Yes | Yes |
| 📈 Indices | Yes | Yes | Yes |
| 💵 Stocks | Yes | Yes | Yes |
| 💳 Cryptocurrency | Yes | Yes | Yes |
| 💰 Options | No | No | Yes |
| 💸 Bonds | No | No | Yes |
| 🔋 Energies | Yes | Yes | Yes |
ACY Securities Trading and Non-Trading Fees
Spreads
For Kenyan traders, ACY Securities charges a spread based on the account they use, and the financial item being traded. They are also affected by market circumstances on the day of trade since these spreads might change.
The following are the average spreads for traders.
| ➡️ Standard Account | • AUD/USD – 1.3 Pips • GBP/USD – 1.6 Pips • EUR/USD – 1 Pip • USD/JPY – 1.2 Pips • XAU/USD – $0.2 • WTI/USD – $0.04 |
| ➡️ ProZero Account | • AUD/USD – 0.0 Pips • GBP/USD – 0.0 Pips • EUR/USD – 0.0 Pip • USD/JPY – 0.0 Pips • XAU/USD – $0.06 • WTI/USD – $0.034 |
| ➡️ Bespoke Account | • AUD/USD – 0.0 Pips • GBP/USD – 0.0 Pips • EUR/USD – 0.0 Pip • USD/JPY – 0.0 Pips • XAU/USD – $0.05 • WTI/USD – $0.034 |
Commissions
The commissions that Nigerian traders can expect will depend on the account they use and the financial instrument that they choose to trade. Typical commissions start from US$% on the Bespoke Account.
Overnight Fees, Rollovers, or Swaps
Trades that remain open for more than 24 hours are charged overnight costs. The market hours provided by ACY Securities include both standard time in the United States and daylight-saving time. Every instrument’s trading hours are available to Kenyan traders on the MetaTrader platform.
The following are some examples of common swap rates:
EUR/USD – buy swap -3.75 and sell swap -0.34
GBP/USD – buy swap -2.33 and sell swap -1.28
USD/JPY – buy swap -0.78 and sell swap -2.76
AUD/USD – buy swap -1.44 and sell swap -1.21
Deposit and Withdrawal Fees
With ACY Securities, there are no costs associated with making a deposit. However, the following fees are imposed on the withdrawal of funds:
$25 service charge per withdrawal on International Transfers
Skrill – 3% merchant fee per withdrawal
If traders withdraw more than three times in the same month, they will be charged $25 per additional withdrawal.
Overall Rating
- 4.7/5
Min Deposit
USD 50 / 5,700 Kenyan
Regulators
ASIC, VFSC
Trading Desk
MetaTrader 4
Crypto
Yes
Total Pairs
60+ ECN pairs
Islamic Account
Yes
Trading Fees
Low
Account Activation Time
24 Hours
ACY Securities Deposits and Withdrawals
ACY Securities offers the following deposit and withdrawal methods:
Credit Card
Debit Card
Wire Transfer
Skrill
Neteller
China Union Pay
Doku Wallet
How to Deposit Funds with ACY Securities
To deposit funds to an account with ACY Securities, Kenyan traders can follow these steps:
Traders can log into their ACY Securities client portal or trading platform
Traders can select the option to deposit funds, choose their preferred method, deposit currency, and the amount that they wish to deposit.
Depending on the payment method, traders may be required to complete additional steps to confirm their deposit.
ACY Securities Fund Withdrawal Process
To request a withdrawal, go to the Client Portal and submit a request. Any withdrawals submitted before 2 pm AEST will be handled the next day. There may be a delay in processing requests submitted after 2 pm AEST.
The ACY.Cloud client interface allows you to withdraw payments to your credit card. In addition, customers can withdraw money for free three times a month from Australian banks.
There will be a service fee of $25 for any further withdrawals or transfers to foreign banks. When using Skrill to withdraw funds, there is an additional fee of 3% on each withdrawal from the amount you make.
ACY Securities Education and Research
ACY Securities offers the following Educational Materials:
eBooks
Trading Courses
ACY Securities offers Kenyan traders the following Research and Trading Tools:
Code-Free Trading Automation
Research and Analysis tools
Smart Notifications
Strategies Library
Technical Indicators
Market News
Market Analysis
ACY Securities Bonuses and Promotions
ACY Securities does not currently offer a sign-up bonus, no-deposit bonus, deposit bonus, or any other promotional material or contests.
How to open an Affiliate Account with ACY Securities
To open an affiliate or partner account, Kenyans can follow these steps:
Navigate to the ACY Securities website.
Select “ACY Partners” from the top of the homepage.
Scroll down to the online contact form.
Provide your First and Last name, valid email address, mobile number, and authentication code to verify the number, and country of residence. Kenyans can also indicate how they heard about ACY Securities and provide their website address.
Lastly, Kenyans can type a personalized message (optional) before submitting the contact form. Once submitted, the information will be logged, and ACY Securities will tend to the query and assist Kenyans in their application to become an affiliate.
ACY Securities Affiliate Program Features
Selecting “ACY Partners” on the homepage of ACY Securities’ official website brings you to a complete affiliate network. Using ACY Securities, partners have access to the following main benefits:
24/5 dedicated and multilingual customer support
Real-time reporting is done through ACY.Cloud
Finlogix widgets that have an affiliate tracking code
Access to a personal account manager
Bespoke tailored solutions
To offer the finest execution for our partners and customers, ACY Securities has a specialized team of liquidity providers. As a result, traders may take advantage of the lowest possible EUR/USD spreads, beginning at only 0.0 pips, depending on the current state of the market.
A wide choice of financial widgets are available to partners, and they may be simply dragged and dropped into HTML code to add affiliate tracking codes. Code that has been pre-created for partners may be easily pasted into the partner website, allowing them to access a broad selection of state-of-the-art financial widgets.
ACY Securities Corporate Social Responsibility
There is currently no information available on the official website of ACY Securities that indicates details on the broker’s Corporate Social Responsibility (CSR).
Verdict on ACY Securities
In the many years that ACY Securities has been in business, it has garnered several awards and honours. By capitalizing on its success in Australia, the firm is now serving consumers all over the world, all while maintaining a high level of customer service quality.
With a broad range of tradable assets available through the MT4 and MT5 platforms, ACY Securities offers an ideal trading environment for both serious novices and more experienced traders.
ACY Securities Current Popularity Trends
👉 According to Google Trends, ACY Securities has seen an increase in Google Searches in the past month.
Overall Rating
- 4.7/5
Min Deposit
USD 50 / 5,700 Kenyan
Regulators
ASIC, VFSC
Trading Desk
MetaTrader 4
Crypto
Yes
Total Pairs
60+ ECN pairs
Islamic Account
Yes
Trading Fees
Low
Account Activation Time
24 Hours
ACY Securities Pros and Cons
| ✔️ Pros | ❌ Cons |
| ACY Securities is well-regulated and has a high level of trustworthiness | KES is not a supported deposit currency which could lead to currency conversion fees |
| Kenyan traders are accommodated and given access to over 1,800 financial instruments | The demo account is only offered for 30 days |
| There are several educational materials that beginners can choose from | Islamic traders are subject to additional admin fees to offset the absence of overnight fees |
| ACY Securities incorporates an STP and NDD model, ensuring reliable trade execution | There are withdrawal fees charged |
| Kenyan traders can choose between MAMM and PAMM Accounts | |
| There is a choice between flexible and convenient payment methods, with instant deposits and withdrawals supported | |
| There is a transparent trading fee schedule offered | |
| Social trading is offered through Finlogix and there is copy trading support offered to Kenyan social traders |
Frequently Asked Questions
Is ACY Securities regulated and by whom?
Yes, ACY Securities Pty Ltd (‘ACY AU’) is regulated by the ASIC (AFSL 403863) while ACY Capital Australia Limited (ACY LTD) is registered and regulated in Vanuatu by the VFSC (VFSC 012868).
Is ACY Securities a fake or a scam broker?
ACY Securities is a legit and average risk broker with a decent trust score of 74%.
Which trading platforms are supported by ACY Securities?
ACY Securities supports the following trading platforms:
- MetaTrader 4
- MetaTrader 5
Does ACY Securities offer leverage and what is the maximum leverage ratio offered?
Yes, ACY Securities provides leverage up to 1:500 depending on the area and expertise of traders. The amount of the trading account is also taken into consideration, and traders should familiarize themselves with the leverage levels before creating an account.
What is the overall rating for ACY Securities?
We give ACY Securities an overall rating of 8/10 based on its tier-1 regulatory status, the helpful customer support that is prompt to reply, over 1,800 tradable instruments, leverage ratio up to 1:500, and fee-free deposits.
However, there are currency conversion fees charged, there is no KES-denominated account or dedicated deposit currencies, and withdrawal fees are charged.
Is ACY Securities suitable for both beginner and professional traders?
Yes, ACY Securities is ideal for any type of trader and the broker offers an adequate number of educational materials, research tools, and user-friendly trading software.
Conclusion
Now it is your turn to participate:
Do you have any prior experience with ACY Securities?
What was the determining factor in your decision to engage with ACY Securities?
Was it because of the minimum deposit, regulation, retail trading accounts, or any other factors?
Have you experienced any issues with ACY Securities such as difficulty withdrawing funds, inability to verify regulations, irresponsive customer support, etc.?
Regardless, please share your thoughts in the comments below.
Addendum/Disclosure:
No matter how diligently we strive to maintain accuracy, the forex market is a volatile environment that may change at any time, even if the information supplied is correct at the time of going live.
