ACY Securities vs Plus500

ACY Securities vs Plus500 Comparison Table 2023
ACY Securities Plus500
4
4.1
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

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.

Plus500 is a leading brokerage, listed on the London Stock Exchange with 25+ million registered traders. The firm specializes in CFD trading on its intuitive, in-house platform and mobile app. Spreads are low and there are no deposit or withdrawal fees. Plus500 also has a high trust score with licenses from reputable regulators, including the FCA, ASIC and CySEC.

82% of retail CFD accounts lose money.
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." "Plus500 offers one of the best trading platforms for beginners. With a modern design and dynamic charting, we found it great for trading CFDs on popular financial markets. The $100 minimum deposit and unlimited demo account also make Plus500 accessible for aspiring investors."
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
  • Zero commissions and tight spreads on over 2,000 instruments across forex, shares, indices, commodities, cryptos and ETFs
  • Premium service for professional traders with fee rebates, external webinars, expert analysis and a dedicated client manager
  • ESG investing opportunities through a range of equities and indices, including the Global Warming Reduction Index
  • Unique +Insights feature offering real-time trading analysis to uncover trends and market sentiment
  • We enjoy using the web platform with its smooth user experience and feature-rich trading tools
  • Excellent reputation with 25+ million clients worldwide and licensed in multiple jurisdictions
  • Reliable 24/7 customer support via email, telephone, live chat and WhatsApp
  • Excellent risk management tools including guaranteed stop loss orders
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
  • No access to the MetaTrader 4 or MetaTrader 5 platforms
  • Average withdrawal speeds that can take up to 7 days
  • No social trading functions for hands-off investors
  • $10 monthly inactivity fee after 3 months
  • Algo trading is not supported
  • Scalping is not permitted
Awards
  • Best Overall Broker 2021 - DayTrading.com
  • Best Overall Broker 2020 - DayTrading.com
  • Best Overall Broker 2019 - DayTrading.com
Instruments
Stocks, CFD, Forex, ETFs CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto
Demo Account
Yes Yes
Minimum Deposit
$50 $100
Trading Platforms
  • MT4
  • MT5
  • WebTrader
  • App
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
ASIC, SVGFSA FCA, ASIC, CySEC, DFSA, MAS, FSA, FSCA, FMA, EFSA
Margin Trading
Yes Yes
STP Account
No No
ECN Account
Yes No
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 Yes
P2P Trading
No No
Spot Trading
No No
Mobile Apps
iOS & Android iOS, Android & Windows
Auto Trading
No
Copy Trading
No No
Social Trading
No No
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No Yes
Custodial Account
No No
Guaranteed Stop Loss
No Yes
Inactivity Fee
$10
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • JPY
  • USD
  • EUR
  • GBP
  • AUD
  • ZAR
  • CZK
Stock Exchanges
Commodities
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. Plus500 offers commission-free CFDs on a huge range of markets, including currencies, stocks, indices and commodities. Traders can go long or short on popular assets with flexible leverage and no hidden charges. The WebTrader platform has been specifically designed for trading CFDs.
Leverage
1:500 1:30
FTSE Spread
1.3 1.8
GBPUSD Spread
0.8 1.1
Oil Spread
0.04 0.04
Stocks Spread
Variable 0.08
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. Plus500 offers forex trading via CFDs with tight, floating spreads and an excellent suite of 60+ currency pairs. We got spreads of 0.6 pips on the EUR/USD during testing - lower than many alternatives.
Forex App

Plus500 have developed their mobile apps to match the WebTrader online platform . Secure and reliable, the app is among the best out there. Stop loss and limits are available, free alerts and a full range of markets and instruments are available. Visit the download page here.

GBPUSD Spread
0.8 1.1
EURUSD Spread
0.4 0.6
EURGBP Spread
0.5 1.4
Assets
63 60+
Cryptocurrency
Crypto trading not offered Investors can trade on rising and falling prices with CFDs on popular cryptos like Bitcoin. Plus500 also stands out for its crypto indices, which offer diversification opportunities by tracking a basket of leading digital currencies. Availability subject to regulation.
Spread
Variable
Coins
  • BCH
  • BTC
  • ETH
  • LTC
  • XRP
  • LINK
  • XLM
  • DOT
  • EOS
  • BCH
  • BTC
  • ETH
  • LTC
  • XRP
  • IOTA
  • NEO
  • EOS
  • XMR
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
82% of retail CFD accounts lose money.
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