When it comes to online forex and CFD brokers, ACY Securities is a name that’s becoming more common. Some traders claim it’s a decent broker, others complain about hidden fees, offshore regulation, and withdrawal issues.
So let’s ask the big question:
👉 Is ACY Securities a scam, or a legitimate forex broker worth trusting?
We’ll look at their licenses, history, complaints, and trading conditions — and then give you our honest verdict.
What is ACY Securities?
ACY Securities is an online broker founded in 2011 in Sydney, Australia. The company markets itself as a “multi-asset broker,” offering forex, indices, commodities, shares, and cryptocurrencies.
On their website (acy.com), they highlight:
- Tight spreads (from 0.0 pips)
- Leverage up to 1:500
- MT4 and MT5 platforms
- Multi-jurisdiction presence
It all sounds great, but as always in forex, the devil is in the details.
📌 Related: Broker Reviews
ACY Securities Regulation – The Good and the Bad
When checking whether a broker is a scam, regulation is the first step.
- ASIC (Australia) – ACY Securities Pty Ltd holds an Australian Financial Services License (AFSL 403863). Check ASIC register. ✅
- VFSC (Vanuatu Financial Services Commission) – ACY Capital Australia Ltd is registered in Vanuatu. ❌ Offshore regulator with weak protections.
Why this matters
- ASIC is a Tier-1 regulator, strict with client fund segregation and risk disclosures.
- VFSC is a low-tier offshore regulator. Brokers use Vanuatu because it’s cheap and offers fewer rules.
So yes, ACY is regulated — but like many brokers, they operate a two-tier structure: one strong license for reputation, one offshore license for high-risk clients.
Related: Regulators
Complaints Against ACY Securities
We reviewed complaints across forums, review sites, and industry watchdogs. The biggest trader issues include:
- Withdrawal delays – Some traders say withdrawals take weeks or are denied if bonus terms are not met.
- Aggressive sales – Offshore branches push clients to deposit more via constant calls.
- Slippage & execution issues – Reports of orders being filled at worse prices than expected.
- Bonus traps – Promotional offers often have hidden terms blocking withdrawals.
On Trustpilot, reviews are mixed:
- Some clients praise spreads and platform stability.
- Others call ACY “a scam broker” due to blocked withdrawals.
Important: ASIC has not issued an official warning against ACY, but offshore complaints are concerning.
Related: Ranking List
Trading Conditions
Here’s what ACY offers on paper:
- Platforms: MT4, MT5
- Leverage: 1:30 under ASIC, up to 1:500 under VFSC
- Accounts: Standard, ProZero, Bespoke
- Products: 60+ forex pairs, indices, commodities, crypto, stocks
High leverage offshore (1:500) is a red flag, since most regulators cap leverage for client protection.
How to Verify ACY Securities’ License
If you want to check for yourself:
- ASIC: Go to ASIC register, search ACY Securities Pty Ltd.
- VFSC: Go to VFSC website, search their entity name.
Remember: Just because a broker shows an ASIC logo doesn’t mean your account is under ASIC protection — many times, clients are funneled into offshore branches without realizing it.
Related: About Us
Is ACY Securities a Scam?
Here’s the verdict:
✅ Why ACY Securities looks legit:
- Regulated by ASIC in Australia.
- Over a decade in business.
- Offers MT4 and MT5 platforms.
⚠️ Why traders should be cautious:
- Offshore VFSC license used for high leverage accounts.
- Complaints about withdrawals and slippage.
- Aggressive deposit-pushing tactics reported.
Bottom line:
ACY Securities is not a total scam, but trading with their offshore entity puts you at risk. If you use them, only sign up under their ASIC-regulated Australian arm — and avoid bonuses.
Safer Broker Alternatives
If you’re looking for brokers with cleaner reputations and stronger regulations, consider:
- IG Markets – FCA regulated, global reputation.
- Pepperstone – ASIC + FCA regulated, transparent fees.
- Exness – Reliable withdrawals, highly rated globally.
Compare more brokers: Broker Comparison Tool
Final Thoughts
So, is ACY Securities a scam?
Not exactly — but the offshore side of their business raises red flags. The combination of mixed trader reviews, bonus traps, and withdrawal complaints means traders should proceed with caution.
As always, verify licenses, test small withdrawals, and never trade under offshore entities if you want real protection.
For more reviews and scam warnings, check our Forex Broker Reviews and Scam Reports.