Written by ForexBrokers.com
In this head to head comparison of ACY Securities vs FXOpen, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
ACY Securities and FXOpen both offer online brokerage services, but they differ in several ways. Founded in 2011, ACY Securities holds one Tier-1 license, which is regarded as highly trusted, however, it does not possess any Tier-2 licenses. FXOpen, established in 2003, holds two Tier-1 licenses, but like ACY Securities, it holds no Tier-2 licenses. Neither company is publicly traded nor operates as a bank.
When it comes to trustworthiness, according to ForexBrokers.com, ACY Securities has a Trust Score of 75, placing it in the average risk category. FXOpen slightly edges out ACY with a Trust Score of 76, also categorizing it as average risk. For investors evaluating these brokers, both have similar trust ratings, but FXOpen is backed by more Tier-1 licenses, which might offer a bit more confidence to some traders.
| Feature |
ACY Securities
|
FXOpen
|
|---|---|---|
| Year Founded | 2011 | 2003 |
| Publicly Traded (Listed) | ||
| Bank | ||
| Tier-1 Licenses | 1 | 2 |
| Tier-2 Licenses | 0 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 0 |
When comparing ACY Securities with FXOpen in terms of commissions and fees, ACY Securities stands out by offering account options that cater to traders with different budget levels. The Standard account at ACY Securities is commission-free, featuring spreads that average around 1.2 pips on the EUR/USD pair, and requires a low deposit of just $50. For those interested in tighter spreads, the ProZero and Bespoke accounts at ACY Securities offer average spreads of 0.25 pips, with minimum deposits of $200 and $10,000 respectively. Commissions for these accounts range from $5 to $6 per round turn (RT). Traders in Australia benefit from reduced commissions at $3 per RT on the ProZero account.
In contrast, FXOpen does not provide average spread data, making a direct comparison challenging. However, when rated for commissions and fees, ACY Securities scores 4.5 stars while FXOpen is rated slightly lower at 4 stars. This suggests that traders may find ACY Securities to be a more economical option compared to FXOpen, particularly for high-volume traders who can benefit from ACY's active trader program and lower effective spreads.
Looking at rankings, ACY Securities is positioned at number 21 out of 63 brokers according to ForexBrokers.com for the Commissions and Fees category. Meanwhile, FXOpen holds the 44th spot, which further indicates that ACY Securities generally offers more competitive pricing conditions than FXOpen for those concerned with trading costs.
| Feature |
ACY Securities
|
FXOpen
|
|---|---|---|
| Minimum Deposit | $50 | $100 |
| Average Spread EUR/USD - Standard | 1.2 | N/A |
| All-in Cost EUR/USD - Active | 0.85 | N/A |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | Yes | |
| PayPal (Deposit/Withdraw) | ||
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing the available range of investments between ACY Securities and FXOpen, there are notable differences that cater to different investor needs. ACY Securities offers a wide selection of 2,200 tradeable symbols, including 66 forex pairs, providing traders with a broad spectrum of opportunities. In contrast, FXOpen provides access to 87 tradeable symbols with 25 forex pairs, which may appeal to traders looking for a more focused selection. Both platforms support forex trading as CFDs or spot contracts and offer the ability to invest in cryptocurrency derivatives. However, neither broker provides the option to purchase actual cryptocurrencies or exchange-traded securities. ACY Securities and FXOpen both offer copy trading, allowing users to mimic successful trading strategies of others.
In terms of recognition for their range of investments, ACY Securities earns a commendable 4-star rating and is ranked 30th out of 63 brokers by ForexBrokers.com, reflecting its comprehensive suite of trading options. Meanwhile, FXOpen holds a 3-star rating and is ranked 62nd, suggesting a narrower investment offering which might suit traders who prefer simplicity. As you weigh your options, consider the variety of investments and features that best match your trading style and objectives.
| Feature |
ACY Securities
|
FXOpen
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 2200 | 87 |
| Forex Pairs (Total) | 66 | 25 |
| U.S. Stock Trading (Non CFD) | ||
| Int'l Stock Trading (Non CFD) | ||
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | ||
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
ACY Securities and FXOpen both offer a comprehensive suite of trading platforms suitable for different trading preferences. Both brokers provide access to popular platforms like MetaTrader 4 and MetaTrader 5, in addition to offering Windows-based desktop and web-based trading options. While ACY Securities distinguishes itself with a proprietary platform developed in-house, FXOpen does not have this feature. However, FXOpen stands out by offering ZuluTrade, a popular social trading platform, which is not available with ACY Securities. Both brokers enable traders to begin with free virtual demo accounts, making them equally accessible for beginners looking to practice before committing real funds.
When it comes to the technical aspects, ACY Securities and FXOpen are on par, each offering 15 drawing tools for charting and the ability to trade directly from stock charts. They both support copy trading, appealing to those interested in mimicking top investors' strategies. For watch lists, both provide seven columns for customizable fields. They receive similar ratings of 4 out of 5 stars for their trading platforms and tools, indicating a reliable but not exceptional experience. Despite their similarities, ACY Securities ranks higher at #41 compared to FXOpen's #53 on the ForexBrokers.com platform rankings, suggesting a marginally better offering in trading tools and platforms.
| Feature |
ACY Securities
|
FXOpen
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | ||
| ZuluTrade | Yes | |
| Charting - Indicators / Studies (Total) | 30 | 30 |
| Charting - Drawing Tools (Total) | 15 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both ACY Securities and FXOpen offer strong mobile trading experiences with apps available for both iPhone and Android users. Each provides essential features like stock and forex price alerts, the ability to draw trendlines on charts, and view different time frames such as daily, weekly, or intraday. Moreover, both platforms allow users to create watchlists with real-time quotes for seamless monitoring of their trading interests.
While both brokers support 30 technical studies for charting, a key difference is that ACY Securities' app automatically saves drawings on charts, a feature not offered by FXOpen. This could be a significant advantage for traders who frequently update chart analyses. Although both apps are rated 4 stars for mobile trading, ACY Securities outranks FXOpen, securing the 40th spot compared to FXOpen’s 54th in the Mobile Trading Apps category by ForexBrokers.com. Ultimately, both provide solid trading tools, but some users may prefer ACY Securities for its additional convenience in chart management.
| Feature |
ACY Securities
|
FXOpen
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | ||
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When evaluating the market research offerings of ACY Securities and FXOpen, both platforms provide daily market commentary to help traders stay informed. However, when it comes to sourcing forex news from top-tier outlets like Bloomberg, Reuters, or Dow Jones, FXOpen stands out, as only it provides this insight. Despite this advantage, neither broker currently offers specific technical analysis tools from companies like Autochartist or Trading Central, and both lack sentiment-based trading tools and resources from firms like TipRanks or Acuity Trading's Signal Centre.
For traders aiming to keep track of global financial events, both ACY Securities and FXOpen include an economic calendar that highlights current and upcoming news events worldwide. In terms of research strength, ACY Securities is marginally ahead with a ForexBrokers.com rating of 3.5 stars and a rank of 45th out of 63 brokers, compared to FXOpen's 3-star rating and 63rd place ranking. This distinction may guide those seeking comprehensive research-based trading insights when selecting a broker.
| Feature |
ACY Securities
|
FXOpen
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | |
| Autochartist | ||
| Trading Central (Recognia) | ||
| Social Sentiment - Currency Pairs | ||
| TipRanks | ||
| Signal Centre (Acuity Trading) | ||
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational offerings for beginners between ACY Securities and FXOpen, ACY Securities emerges as the more resource-rich platform. ACY Securities provides a wealth of educational content with over 10 articles, videos, and webinars focusing on forex and CFDs. They also host monthly online webinars and maintain a searchable archive of past webinars, making it easier for newcomers to revisit sessions at their convenience. Additionally, they offer a collection of over 10 beginner-friendly videos, designed to help new traders get acquainted with the basics of trading.
In contrast, FXOpen offers fewer educational support features for beginners. While they do provide an extensive investor dictionary with definitions for more than 50 investing terms, they lack the same range of resources found at ACY Securities. FXOpen does not host monthly webinars nor do they have a searchable archive for past webinars. Additionally, they do not offer a series of beginner-specific educational videos. Ratings reflect this difference in offerings, with ACY Securities receiving a 3.5-star rating for education compared to FXOpen's 3-star rating. Furthermore, ACY Securities ranks higher in educational categories according to ForexBrokers.com, sitting at #43 out of 63 brokers, while FXOpen ranks at #58.
| Feature |
ACY Securities
|
FXOpen
|
|---|---|---|
| Education (Forex or CFDs) | Yes | |
| Client Webinars | Yes | |
| Client Webinars (Archived) | Yes | |
| Videos - Beginner Trading Videos | Yes | |
| Videos - Advanced Trading Videos | ||
| Investor Dictionary (Glossary) | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that ACY Securities is better than FXOpen. ACY Securities finished with an overall rank of #41, while FXOpen finished with an overall rank of #54.
ACY Securities is a MetaTrader-only broker with a reasonable range of markets and a balanced account offering. The broker’s research and educational content, however, could be greatly improved upon.
| Feature |
ACY Securities
|
FXOpen
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 75 | 76 |
| Range of Investments |
|
|
| Commissions & Fees |
|
|
| Platforms & Tools |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
ACY Securities does not offer the ability to buy actual delivered cryptocurrency, but does provide access to cryptocurrency derivatives, whereas FXOpen also does not offer actual cryptocurrency purchases, but does allow trading in cryptocurrency derivatives.
ACY Securities supports ACH, SEPA transfers, Skrill, Visa, Mastercard, and bank wires for deposits and withdrawals, while FXOpen offers Skrill, Visa, Mastercard, and bank wires, but does not explicitly confirm support for ACH or SEPA transfers or PayPal options.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
Select Brokers
↓×Compare
0 of 5| Overall Rating | ACY Securities | FXOpen | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 75 | 76 | |
| Winner | check_circle | ||
| Review | ACY Securities Review |
| Broker Screenshots | ACY Securities | FXOpen | |
|---|---|---|---|
| Broker Gallery (click to expand) |
|
| Regulation | ACY Securities | FXOpen | |
|---|---|---|---|
| Trust Score | 75 | 76 | |
| Year Founded | 2011 | 2003 | |
| Publicly Traded (Listed) | |||
| Bank | |||
| Regulated in one or more EU or EEA countries (MiFID). | Yes | ||
| Tier-1 Licenses | 1 | 2 | |
| Tier-2 Licenses | 0 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 0 |
| Tier-1 Licenses (Highly Trusted) | ACY Securities | FXOpen | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | ||
| Canada (CIRO Authorised) | |||
| Hong Kong (SFC Authorised) | |||
| Japan (SFC Authorised) | |||
| Singapore (MAS Authorised) | |||
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | Yes | ||
| USA (CFTC Authorized) | |||
| New Zealand (FMA Authorised) | |||
| Regulated in one or more EU or EEA countries (MiFID). | Yes |
| Tier-2 Licenses (Trusted) | ACY Securities | FXOpen | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | |||
| South Africa (FSCA Authorised) | |||
| UAE (DFSA/Central Bank Authorised) | |||
| India (SEBI Authorised) | |||
| Jordan (JSC Authorised) |
| Investments | ACY Securities | FXOpen | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 2200 | 87 | |
| Forex Pairs (Total) | 66 | 25 | |
| U.S. Stock Trading (Non CFD) | |||
| Int'l Stock Trading (Non CFD) | |||
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | |||
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | ACY Securities | FXOpen | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.2 | N/A | |
| All-in Cost EUR/USD - Active | 0.85 | N/A | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | Yes | ||
| Execution: Agency Broker | Yes | ||
| Execution: Market Maker | Yes |
| Funding | ACY Securities | FXOpen | |
|---|---|---|---|
| Minimum Deposit | $50 | $100 | |
| PayPal (Deposit/Withdraw) | |||
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes |
| Trading Platforms | ACY Securities | FXOpen | |
|---|---|---|---|
| Proprietary Platform | Yes | ||
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | |||
| DupliTrade | |||
| ZuluTrade | Yes |
| Trading Tools | ACY Securities | FXOpen | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 30 | |
| Charting - Drawing Tools (Total) | 15 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | ACY Securities | FXOpen | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | |||
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | ||
| Mobile Economic Calendar | Yes |
| Research | ACY Securities | FXOpen | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | ||
| Autochartist | |||
| Trading Central (Recognia) | |||
| TipRanks | |||
| Social Sentiment - Currency Pairs | |||
| Economic Calendar | Yes | Yes |
| Education | ACY Securities | FXOpen | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | ||
| Client Webinars | Yes | ||
| Client Webinars (Archived) | Yes | ||
| Videos - Beginner Trading Videos | Yes | ||
| Videos - Advanced Trading Videos | |||
| Investor Dictionary (Glossary) | Yes |
| Major Forex Pairs | ACY Securities | FXOpen | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | ACY Securities Review |
| Overall | ACY Securities | FXOpen | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 75 | 76 | |
| Winner | check_circle | ||
| Review | ACY Securities Review |
IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Plus500
Pepperstone
FP Markets
Tickmill