ACY Securities Fees & Costs
Our ACY Securities fees review covers all costs, helping traders understand and compare them to other brokers.
Let’s dive in and examine how competitive the ACY Securities pricing environment is.
Overview of ACY Securities Fees and Charges
Traders get an expensive commission-free trading account with minimum spreads of 1.0 pips or $10.00 per 1.0 lot, with most currency pairs priced between 1.0 and 1.7 pips. The two commission-based alternatives, ProZero and Bespoke, offer raw spreads from 0.0 pips for a commission of $6.00 and $5.00, respectively.
A Snapshot of ACY Securities Fees
Fee | Type of Fee | Applicable at ACY Securities |
|---|---|---|
Spreads | Trading fee | Yes |
Commission | Trading fee | Yes |
Swap rates on leveraged overnight positions | Trading fee | Yes |
Live Price Feed / Stamp Duty/ Settlement Fee | Trading fee | No |
Internal Deposit Fee | Non-trading fee | No |
Internal Withdrawal Fee | Non-trading fee | Yes |
Inactivity Fee | Non-trading fee | No |
Account Fee | Non-trading fee | No |
Currency Conversion Fee | Trading fee and non-trading fee | Undisclosed |
ACY Securities Fees, Spreads, and Commission Explained
Understanding the ACY Securities fees, which, as with all brokers, consist of frequent trading fees and less frequent non-trading fees, will help traders understand and compare costs.
ACY Securities Trading Fees
- Spreads (the difference between the bid and the ask price, where ACY Securities has minimum spreads between 0.0 pips and 1.0 pips)
- Commissions (ACY Securities charges between $5.00 and $6.00 per 1.0 standard round)
- Swap rates (charged on leveraged overnight positions)
- Currency conversion fees (undisclosed at ACY Securities)
ACY Securities Non-trading Fees
- Deposit fees (not applicable at ACY Securities)
- ACY Withdrawal fees ($25 per withdrawal from the fourth monthly withdrawal request)
- Inactivity fees (not applicable at ACY Securities)
- Currency conversion fees (undisclosed at ACY Securities)
ACY Securities Trading Fees
ACY Securities trading fees are asset-dependent and apply to each transaction.
An Overview of Minimum ACY Securities Trading Fees
Asset | Minimum Markup over Raw Spreads | Minimum Commission | Total ACY Securities Fees |
|---|---|---|---|
Forex (EUR/USD) | 0.0 pips | $5.00 per 1.0 standard round lot | $5.00 per 1.0 lot |
Indices (S&P500) | 0.56 points | Commission-free | $0.56 per contract |
Commodities (Gold) | 0.06 points | $5.00 per 1.0 standard round lot | $5.06 per contract |
Cryptocurrencies (Bitcoin) | 34.80 points | Commission-free | $34.80 per coin |
Overnight Fees (Swap rates)
Swap rates are the most ignored trading costs, which may become the most significant fee per trade, depending on the strategy. Swap rates apply on leveraged overnight positions, which triple on Wednesday to account for trades kept open over the weekend.
MT4/MT5 traders can easily access swap rates from their platform by following these steps:
1. Right-click the desired symbol in the Market Watch window and select Specification.
2. Scroll down until you see Swap Long and Swap Short.
ACY Securities Non-trading Fees
Non-trading fees, which apply to deposits, withdrawals, and inactivity, are notably less frequent, but traders should know about them to avoid confusion.
Currency Conversion Fees
Currency conversion fees are a hidden fee of which most traders are unaware. It applies each time ACY Securities must exchange one currency for another, including trading.
ACY Securities Deposit Fee
An internal deposit fee does not apply at ACY Securities.
However, a currency conversion fee may apply, which traders can eliminate with a multi-currency account.
ACY Securities Withdrawal Fee
ACY Securities offers three free monthly withdrawals before a $25 withdrawal fee applies. Traders should also consider potential third-party payment processor fees and follow-on transaction costs.
ACY Securities Inactivity Fee
ACY Securities does not levy an inactivity fee.
ACY Securities Safety and Security
ACY Securities has an ASIC license and operates an unregulated but duly registered subsidiary in St.Vincent and Grenadines, which counts Blueberry Markets as its introducing brokers. Negative balance protection and professional indemnity insurance are also available. Client deposits remain segregated from corporate funds at Commonwealth Bank.
ACY Securities Fees Bottom Line
Traders get competitive trading fees in the commission-based ProZero and Bespoke accounts.
Find additional info. about ACY Securities, by reading our updated ACY Securities broker review
FAQs
How does ACY Securities work?
ACY Securities is a broker and the custodian of client deposits and portfolios. It provides the infrastructure allowing traders to trade across multiple sectors.
What is the spread charge for ACY Securities?
Forex spreads are 1.0 pips or $10.00 per 1.0 lot in the commission-free Standard account, with most ranging between 1.0 and 1.7 pips. The commission-based ProZero and Bespoke alternatives have raw spreads from 0.0 pips for a commission of $6.00 and $5.00, respectively.
Is ACY Securities a good broker?
ACY Securities is an excellent broker offering quality trading tools, low trading fees, and cutting-edge infrastructure. It includes fast order execution under 30ms and 46 liquidity providers, Capitalise AI, Signal Start, SoFinX, VPS hosting, and 15 high-quality MT4/MT5 plugins.
How much does ACY Securities charge for withdrawal?
Traders get three free withdrawals monthly before a $25 withdrawal fee applies to each transaction.