Written by ForexBrokers.com
In this head to head comparison of ACY Securities vs iFOREX, 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, established in 2011, and iFOREX, founded in 1996, are both online brokers that cater to trading enthusiasts. Neither of these brokers is publicly traded, meaning they aren't listed on any stock exchange, nor are they banks. In terms of regulatory standing, both companies maintain one Tier-1 license each, which is a sign of high trust believed to enhance the safety and reliability of these brokers.
When evaluated for trust, both ACY Securities and iFOREX received a Trust Score rating of 75 out of 99 from ForexBrokers.com. This rating places them in the average risk category, suggesting that they are viable options in the competitive world of online trading. Neither broker holds any Tier-2 licenses, which would further bolster their trust status. However, their foundational security is supported by existing Tier-1 regulatory licenses.
| Feature |
ACY Securities
|
iFOREX
|
|---|---|---|
| Year Founded | 2011 | 1996 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 1 |
| Tier-2 Licenses | 0 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
When comparing ACY Securities to iFOREX on the basis of commissions and fees, ACY Securities offers a more versatile approach to cater to a variety of traders. They provide both low-deposit and commission-based account options, ensuring flexibility for different trading needs. While the Standard account from ACY Securities has slightly higher pricing than the industry average, their ProZero account offers more competitive spreads. Especially for Australian residents, these costs can be notably lower, making ACY Securities an attractive option. ACY Securities holds a 4.5-star rating in commissions and fees and ranks #21 out of 62 brokers.
ACY Securities provides three types of accounts, each with different minimum deposits, spreads, and commission structures. Their Standard account is commission-free with average spreads of 1.2 pips on the EUR/USD, requiring only a $50 deposit. For more competitive trading conditions, ACY’s ProZero and Bespoke accounts offer reduced spreads, down to 0.25 pips, in exchange for higher minimum deposits. The ProZero account starts with a minimum deposit of $200, and the Bespoke requires $10,000. Commission rates range from $5 to $6 per round turn, with discounts available for Australian traders.
In contrast, iFOREX lacks available average spread data, which may present challenges for traders needing transparent information upfront. With a 3-star rating and a ranking of #60 out of 62 brokers by ForexBrokers.com, iFOREX may not provide the same level of cost efficiency as ACY Securities. Overall, for those prioritizing lower trading costs and more account flexibility, ACY Securities comes across as the more favorable choice compared to iFOREX.
| Feature |
ACY Securities
|
iFOREX
|
|---|---|---|
| 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 | No |
| ACH or SEPA Transfers | Yes | No |
| PayPal (Deposit/Withdraw) | No | Yes |
| 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 it comes to comparing ACY Securities and iFOREX, both brokers offer forex trading as CFDs, allowing you to invest in currency pairs on a speculative basis. ACY Securities stands out with a more extensive selection of 2,200 tradeable symbols compared to iFOREX's 750. However, iFOREX takes the lead with a wider variety of forex pairs, offering 88 compared to ACY Securities' 66. It's important to note that neither broker provides access to exchange-traded securities on U.S. or international exchanges, so investors looking to directly buy stocks like Apple or Vodafone will need to look elsewhere.
ACY Securities offers the advantage of copy trading, a feature that iFOREX lacks, appealing to those who prefer a more hands-off investment strategy by emulating experienced traders. While both brokers do not support buying actual cryptocurrencies, they allow for investment in cryptocurrency derivatives. According to ForexBrokers.com, ACY Securities is rated 4 out of 5 stars for the range of investments and ranks 30th out of 62 brokers, indicating a broader investment horizon than iFOREX, which is rated 3.5 stars and holds the 41st position in the same ranking category.
| Feature |
ACY Securities
|
iFOREX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 2200 | 750 |
| Forex Pairs (Total) | 66 | 88 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| Social Trading / Copy Trading | Yes | No |
| Cryptocurrency (Physical) | No | No |
| 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). | 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 iFOREX offer distinct differences in their trading platforms and tools, making each suitable for various types of traders. ACY Securities shines with its wide range of offerings, including the ability for users to engage in simulated trading with a demo account, providing a valuable resource for those new to trading. Additionally, ACY Securities offers a proprietary platform, a Windows-based desktop platform, and both MetaTrader 4 and 5. In contrast, iFOREX lacks a Windows-based platform and MetaTrader options but does provide a proprietary platform along with web-based trading capabilities. Notably, ACY supports copy trading, an option not available with iFOREX.
When it comes to charting tools, iFOREX takes the lead with 25 drawing tools compared to ACY Securities' 15. Both platforms allow direct trading from stock charts, offering enhanced functionality. For watch lists, iFOREX provides more flexibility with 9 fields, whereas ACY Securities offers 7. Despite these differences, both brokers receive a 4-star rating for their platforms and tools. However, ACY Securities ranks higher at #41, compared to iFOREX's #54, among 62 brokers evaluated by ForexBrokers.com, possibly reflecting the comprehensive features ACY brings to the table.
| Feature |
ACY Securities
|
iFOREX
|
|---|---|---|
| Virtual Trading (Demo) | Yes | No |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | No |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | No |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | 57 |
| Charting - Drawing Tools (Total) | 15 | 25 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 9 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing ACY Securities and iFOREX for their mobile trading apps, both platforms offer iPhone and Android applications, ensuring accessibility for most users. One distinct advantage of ACY Securities is its stock and forex price alert feature, which iFOREX lacks. This feature can be crucial for traders looking to stay updated on market moves. Moreover, ACY Securities provides enhanced charting capabilities within its app, offering 30 technical studies and the ability to draw trendlines and view multiple time frames. It also supports the auto-saving of chart drawings, making it user-friendly for technical analysis. Additionally, ACY Securities allows users to create watchlists with real-time quotes, offering a more dynamic trading experience compared to iFOREX, which does not provide this functionality.
Despite these advantages, both brokers receive a similar rating of four out of five stars for their mobile trading apps. However, ACY Securities is ranked higher at #40 compared to iFOREX at #55 out of 62 brokers by ForexBrokers.com. This higher ranking suggests that while both apps are positively rated, ACY Securities could be a more suitable choice for traders seeking more comprehensive charting and alert capabilities on their mobile devices. Both brokers do not offer watchlist symbol syncing, which is worth considering when deciding between the two. Ultimately, ACY Securities may appeal more to traders focused on charting and timely market updates.
| Feature |
ACY Securities
|
iFOREX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | No |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | N/A |
| Mobile Charting - Draw Trendlines | Yes | No |
| Mobile Charting - Multiple Time Frames | Yes | No |
| Mobile Charting - Drawings Autosave | Yes | No |
| Mobile Watchlist | Yes | No |
Dive deeper: Best Forex Trading Apps.
When evaluating ACY Securities and iFOREX for their market research offerings, it's clear that both provide daily market commentary, ensuring clients stay informed about current market trends and insights. However, neither firm supplies forex news from top-tier outlets like Bloomberg or Reuters. While ACY Securities does not offer advanced technical or fundamental tools from companies like Autochartist or Trading Central, iFOREX provides access to Trading Central's technical analytics, giving traders a potential advantage with this added resource. Additionally, iFOREX stands out by offering a sentiment-based trading tool, which helps investors understand market positions across various currency pairs.
Both brokers equip traders with an economic calendar to keep track of significant global news events. Despite these offerings, their overall research ratings are similar, with each earning 3.5 stars out of five. Within the pool of 62 brokers reviewed by ForexBrokers.com for research, ACY Securities is ranked 44th, slightly ahead of iFOREX, which holds the 48th spot. This ranking indicates that while both brokers deliver valuable information for traders, there may be areas for enhancement in their research capabilities to help them climb the competitive ladder.
| Feature |
ACY Securities
|
iFOREX
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | No | No |
| Autochartist | No | No |
| Trading Central (Recognia) | No | Yes |
| Social Sentiment - Currency Pairs | No | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing online brokers ACY Securities and iFOREX for educational resources aimed at beginners, it's clear that both have unique offerings. ACY Securities provides a comprehensive introductory experience with more than ten educational pieces focused on forex or CFDs. This is supplemented by monthly webinars and a library of archived sessions that can help deepen one's understanding over time. They also offer ten beginner-friendly videos, though they don't cater much to advanced traders or supply an investor dictionary. Rated at 3.5 stars for education, ACY Securities ranks 43rd out of 62 brokers, according to ForexBrokers.com.
On the other hand, iFOREX falls short in quantity when it comes to educational materials focused on forex or CFDs. They don't conduct regular webinars or maintain a collection of past sessions, which can be limiting for those who favor interactive learning. However, iFOREX does offer ten beginner-focused educational videos, just like their counterpart ACY Securities. The broker also does not provide advanced educational content or an investor dictionary. Despite these limitations, iFOREX matches ACY Securities with a 3.5-star rating in education but ranks lower at 53rd out of 62 brokers in the same category based on ForexBrokers.com assessments.
| Feature |
ACY Securities
|
iFOREX
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | No |
| Investor Dictionary (Glossary) | No | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that ACY Securities is better than iFOREX. ACY Securities finished with an overall rank of #41, while iFOREX finished with an overall rank of #52.
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
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iFOREX
|
|---|---|---|
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| Trust Score | 75 | 75 |
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Both online brokers ACY Securities and iFOREX do not offer the ability to buy actual (delivered) cryptocurrencies, but they do allow traders to engage with cryptocurrency derivatives instead.
When comparing online brokers, ACY Securities stands out by offering ACH or SEPA transfers for depositing or withdrawing funds, unlike iFOREX, which does not, while both brokers support Skrill, Visa, Mastercard, and bank wires, but only iFOREX allows PayPal transactions.
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.
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0 of 5| Overall Rating | ACY Securities | iFOREX | |
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| Trust Score | 75 | 75 | |
| Winner | check_circle | ||
| Review | ACY Securities Review |
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| Regulation | ACY Securities | iFOREX | |
|---|---|---|---|
| Trust Score | 75 | 75 | |
| Year Founded | 2011 | 1996 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 1 | 1 | |
| Tier-2 Licenses | 0 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | ACY Securities | iFOREX | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | No | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes |
| Tier-2 Licenses (Trusted) | ACY Securities | iFOREX | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | ACY Securities | iFOREX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 2200 | 750 | |
| Forex Pairs (Total) | 66 | 88 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| Social Trading / Copy Trading | Yes | No | |
| Cryptocurrency (Physical) | No | No | |
| 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). | 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 | iFOREX | |
|---|---|---|---|
| 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 | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | No | Yes |
| Funding | ACY Securities | iFOREX | |
|---|---|---|---|
| Minimum Deposit | $50 | $100 | |
| PayPal (Deposit/Withdraw) | No | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | No |
| Trading Platforms | ACY Securities | iFOREX | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | No | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | ACY Securities | iFOREX | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | No | |
| Alerts - Basic Fields | Yes | No | |
| Watchlists - Total Fields | 7 | 9 | |
| Charting - Indicators / Studies (Total) | 30 | 57 | |
| Charting - Drawing Tools (Total) | 15 | 25 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | No |
| Mobile Trading | ACY Securities | iFOREX | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | No | |
| Mobile Watchlist | Yes | No | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | N/A | |
| Mobile Charting - Draw Trendlines | Yes | No | |
| Mobile Charting - Multiple Time Frames | Yes | No | |
| Mobile Charting - Drawings Autosave | Yes | No | |
| Mobile Economic Calendar | No | No |
| Research | ACY Securities | iFOREX | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | No | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | ACY Securities | iFOREX | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | No | No |
| Major Forex Pairs | ACY Securities | iFOREX | |
|---|---|---|---|
| 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 | iFOREX | |
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| Trust Score | 75 | 75 | |
| Winner | check_circle | ||
| Review | ACY Securities Review |
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