ACY Securities
Pros
- ASIC-regulated primary entity with segregated client funds
- Raw spreads from 0.0 pips on ProZero and Bespoke accounts
- Over 2,200 instruments including share CFDs, forex, indices, commodities and crypto
- No deposit fees and no inactivity fee
- Fast order execution via a pool of multiple tier-1 liquidity providers
- Free demo account with $100,000 virtual balance
- LogixTrader proprietary web platform with guaranteed stop-loss orders
- Free VPS hosting for algorithmic traders
Cons
- Withdrawal fee of $25 applies after the first three withdrawals per month
- No direct ownership of stocks or cryptocurrencies - all instruments are CFDs
- Unregulated offshore entity (St Vincent and the Grenadines) used for international clients
- No FCA or EU-based regulatory coverage
- Demo account expires after 30 days by default unless extended through support
- Proprietary mobile app is a recent addition with more limited features than the web platform
- Elevated spreads on crypto and cross currency pairs under Standard account