ACY Securities vs HYCM

ACY Securities vs HYCM Comparison Table 2024
ACY Securities	HYCM
Review 4	Review 3.8

ACY Securities is a reputable CFD broker offering over 2200 instruments across forex, indices, commodities, shares and more. Regulated by ASIC, ACY Securities is a trusted broker with a strong reputation since 2011 and numerous industry awards.	HYCM is an online broker with authorization from four international bodies including the FCA and CySEC. The broker offers short-term CFD trading on forex, shares, commodities, indices, ETFs and Bitcoin, and supports the MT4 and MT5 platforms, as well as Trading Central analysis.
Bonus Offer
	10% deposit bonus up to $5,000
Comment by Reviewer
"After testing the accounts, I think ACY Securities is best for global clients looking for low-cost trading on the MT4/MT5 terminals. I was able to access pretty competitive spreads from 0 pips with minimum deposits starting from $50."	"Traders looking for a multi-asset broker with good platform support, extra analysis features and strong regulation should try HYCM. The competitive raw-spread accounts will also serve scalpers and high-volume traders."
Pros
I feel reassured that ACY Securities is regulated by top-tier authorization, the Australian Securities and Investments Commission (ASIC), with negative balance protection and segregated client funds I was pleased to be able to choose between the industry-renowned MT4 and MT5 terminals, as well as the respective mobile apps and additional tools like Capitalise.ai The range of 15+ commission-free payment methods including POLi, Perfect Money, Skrill and wire transfer is competitive and aligns with top competitors Responsive customer support is available 24/5 with local and international telephone numbers. I also found the live chat support reasonably helpful I think the broker's range of 2200+ CFD instruments is fairly extensive and will serve any trader looking to build a diverse portfolio with low fees I find the suite of analyst insights and educational content is comprehensive and enough to help me make informed trading decisions	The low $20 minimum deposit is suitable for beginners, as well as the Fixed spread account with no commissions The broker is overseen by trusted regulators, including the FCA MT4 and MT5 integration ensures that active day traders can access a vast selection of technical charting tools There's a good range of free analytical tools, particularly Seasonax for pattern analysis Spreads are competitive in the Raw account, starting from 0.1 pips for EUR/USD Traders can access fee-free payments with rapid processing
Cons
I think it's a shame that the global entity is regulated offshore by the St Vincent and the Grenadines Financial Services Authority, so some traders may not receive the same safeguarding measures as the ASIC-regulated branch Crypto traders will be disappointed that digital currencies are not offered	Not the best overall range of assets, with just 200+ stocks Market coverage varies quite significantly between account types and platforms There's a high commission of $4 each way on the Raw account
Awards
	Best Forex Broker 2021-2022 - Spain, Middle East, Asia, Germany Best Trading Platform App 2021 - Forex Expo Best Mobile Trading App 2020 - World of Finance Forex Award
Instruments
CFDs, Forex, Stocks, ETFs, Commodities	CFDs, Forex, Stocks, Indices, Commodities, ETFs
Demo Account
Yes	Yes
Minimum Deposit
$50	$20
Trading Platforms
MT4 MT5	HYCM Trader MT4 MT5 TradingCentral
Payment Methods
Credit Card Debit Card Doku Wallet Dragonpay FasaPay Mastercard Neteller PayPal Paytrust Perfect Money POLi Skrill Trustly UnionPay Visa Wire Transfer	Bitcoin Payments Ethereum Payments Mastercard Neteller Skrill Visa Wire Transfer
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
ASIC, SVGFSA	FCA, DFSA, CIMA, CySEC
Margin Trading
Yes	Yes
Margin Rate
	Variable upon regulation and jurisdiction
STP Account
No	No
ECN Account
Yes	Yes
DMA Account
No	No
MAM Account
No	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
No	Yes
Market Maker
No	No
P2P Trading
No	No
Spot Trading
No	Yes
Mobile Apps
iOS & Android	iOS & Android
Android App Rating
	3.6
iOS App Rating
	3
Auto Trading
	Expert Advisors (EAs) on MetaTrader
Copy Trading
No	No
Social Trading
No	No
VPS Hosting
No	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
	$10
Islamic Account
Yes	Yes
Account Currencies
USD EUR GBP CAD AUD NZD JPY	USD EUR GBP RUB AED
Stock Exchanges
Australian Securities Exchange (ASX) Deutsche Boerse Euronext Hong Kong Stock Exchange Japan Exchange Group Nasdaq Nordic & Baltics New York Stock Exchange Shanghai Stock Exchange SIX Swiss Exchange	Australian Securities Exchange (ASX) Hang Seng
Commodities
Natural Gas	Coffee Copper Cotton Gold Oil Palladium Platinum Silver Sugar
CFD Trading
I appreciate the wide range of over 2,000 CFDs at ACY Securities, encompassing global stocks, ETFs, forex, indices and commodities. New traders can get started with just $50, but I found that the best CFD prices are available for those who can deposit at least $200.	HYCM traders can access CFDs on a range of stocks, indices, commodities and ETFs with floating spreads and maximum leverage varying by instrument. Clients also have a choice between two industry-leading platforms.
Leverage
1:500	1:301:500
FTSE Spread
1.3	1.5
GBPUSD Spread
0.8	0.1
Oil Spread
0.04	2.0
Stocks Spread
Variable	2.2%
Forex Trading
I was glad to see over 60+ major, minor and exotic currency pairs available to trade on the industry favourites, MT4 and MT5. Traders can leverage up to 1:500 and access liquidity from 16 tier-one global banks.	HYCM offers 40+ forex pairs, with most available to trade on either the MT4 or MT5 platform. The maximum leverage on offer is 1:30 in accordance with regulations, and tight spreads start from 0.2 on the Raw account and from 1.2 on the commission-free Classic account.
GBPUSD Spread
0.8	0.4
EURUSD Spread
0.4	0.1
EURGBP Spread
0.5	0.4
Assets
63	40+
Cryptocurrency
Crypto trading not offered	HYCM only offers trading opportunities on Bitcoin, which is traded via CFD in a pair with USD. Whilst exposure to the largest crypto by market cap is good, access to other digital currencies would bring the broker in line with competitors.
Spread
	Variable
Coins
BCH BTC ETH LTC XRP LINK XLM DOT EOS	BTC
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

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