Avatrade vs ACY Securities

AvaTrade vs ACY Securities Comparison Table 2024
AvaTrade ACY Securities
4.9
4

AvaTrade is a leading forex and CFD broker, established in 2006 and regulated across 9 jurisdictions. Over 400,000 users have signed up with the broker which processes over 2 million trades each month. The firm offers multiple trading platforms, including MT4, MT5, and a proprietary WebTrader. 1250+ financial instruments are available for day trading, alongside a comprehensive education center and multilingual customer support.

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.

Customer Reviews
4.3
Comment by Reviewer
"AvaTrade offers the full package for short-term traders. There is powerful charting software, reliable execution, transparent fees, and fast account opening with a low minimum deposit." "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."
Pros
  • WebTrader is well-suited to beginners and features a strong suite of technical analysis tools and market research for day traders
  • The broker’s unique risk management tool, AvaProtect, protects against losses up to $1 million and is easy to activate in the platform
  • Automated trading is supported through MetaTrader Expert Advisors (EAs), as well as the AvaSocial and DupliTrade tools
  • There's a great range of fee-free deposit methods, including bank wire, credit cards and popular e-wallets like Skrill
  • The broker offers reliable 24/5 multilingual customer support with fast response times during testing
  • AvaTrade is a heavily regulated and trustworthy broker with licenses from the ASIC, CySEC and more
  • Day traders can access stable spreads and zero commissions with no hidden fees
  • 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
Cons
  • A high $2000 minimum investment is required to use DupliTrade, which will be out of reach for many beginners
  • There’s an above-average $50 inactivity fee after three months, though this won't impact active day traders
  • It’s a shame that there are no rebate schemes for serious traders looking for additional perks - CMC Markets would be a better choice here
  • There is no ECN account with raw spreads
  • Traders from the US are not accepted
  • 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
Awards
  • Best Mobile Trading Platform 2023 - Finance Derivative
  • Best Educational 2023 - Global Business Magazine
  • Best Overall Broker 2022 - DayTrading.com
  • Best Trading App 2021 - DayTrading.com
  • Best Forex Broker 2019 - DayTrading.com
Instruments
CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting CFDs, Forex, Stocks, ETFs, Commodities
Demo Account
Yes Yes
Minimum Deposit
$50
Trading Platforms
  • WebTrader
  • AvaTradeGO
  • AvaOptions
  • MT4
  • MT5
  • AlgoTrader
  • TradingCentral
  • DupliTrade
  • MT4
  • MT5
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
ASIC, CySEC, FSCA, ISA, CBol, FSA, FSRA, BVI, ADGM ASIC, SVGFSA
Margin Trading
Yes Yes
Margin Rate
2%
STP Account
Yes No
ECN Account
No Yes
DMA Account
Yes No
MAM Account
Yes No
PAMM Account
Yes No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes No
Market Maker
Yes No
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
iOS & Android iOS & Android
App Review

AvaTradeGO consistently impresses with its comprehensive mobile trading experience, boasting an interface that’s not just easy to use, but genuinely intuitive. Navigating the app is a breeze, ensuring fast access to hundreds of markets, including forex, stocks, indices, commodities, ETFs, and bonds. However, what sets AvaTradeGO apart is its AvaProtect™ feature, offering an unmatched level of risk protection that’s rare to find elsewhere.

Android App Rating
4
iOS App Rating
4.3
Auto Trading
Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes No
Copy Trading Platform
AvaTrade maintains a top position when it comes to social and copy trading tools. Traders can access the proprietary AvaSocial app as well as popular third-party platforms, DupliTrade and ZuluTrade. The comprehensive performance metrics can help you find the right strategy provider for your goals and risk appetite.
Social Trading
Yes No
Trade Signals
Yes
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
$50
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • JPY
Stock Exchanges
Commodities
CFD Trading
AvaTrade's 1250+ leveraged CFD products span a wide range of asset classes including stocks, indices, commodities, bonds, crypto, and ETFs. You can speculate on underlying assets in the broker’s feature-rich web and mobile platforms with market-leading research tools to help discover opportunities. 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.
Leverage
1:30 (Retail) 1:400 (Pro) 1:500
FTSE Spread
0.5 1.3
GBPUSD Spread
1.5 0.8
Oil Spread
0.02 0.04
Stocks Spread
0.13 Variable
Forex Trading
AvaTrade offers 50+ currency pairs with competitive spreads from 0.9 pips and zero commissions. You can trade majors, minors and exotics around the clock on industry-leading platforms, including MT4 and MT5. Traders can also access beginner-friendly trading tools and comprehensive forex education. 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.
Forex App

AvaTrade provides AvaTradeGo for mobile trading. The app offers 1000+ markets, the ability to create watchlists and make trades. The AvaProtect™ feature even adds another layer of risk protection. Rated 4.2* , it is one of the more popular trading apps. Download it today.

GBPUSD Spread
1.5 0.8
EURUSD Spread
0.9 0.4
EURGBP Spread
1.5 0.5
Assets
50+ 63
Currency Indices
  • USD
Cryptocurrency
Regulated in five continents, AvaTrade offers a secure way to access crypto markets. There's a great range of digital currencies including Bitcoin, Ethereum and Ripple, plus a crypto index. You can access competitive crypto spreads in the broker's wide choice of platforms as well as 1:2 leverage. Crypto trading not offered
Spread
BTC <1%, ETH 2%
Coins
  • BCH
  • BTC
  • BTG
  • ETH
  • LTC
  • XRP
  • EOS
  • DASH
  • BCH
  • BTC
  • ETH
  • LTC
  • XRP
  • LINK
  • XLM
  • DOT
  • EOS
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
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