Written by ForexBrokers.com
In this head to head comparison of MultiBank vs ACY Securities, 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.
Founded in 2005, MultiBank stands out with a ForexBrokers.com Trust Score of 84, marking it as a trusted online broker. MultiBank holds three Tier-1 licenses and one Tier-2 license, reflecting a strong regulatory foundation. Although not publicly traded and not a bank, MultiBank's regulatory credentials position it as a reliable choice for those seeking a secure trading experience.
On the other hand, ACY Securities, established in 2011, has a Trust Score rating of 75, which is categorized as average risk. It holds one Tier-1 license and none in Tier-2, indicating a more limited regulatory reach compared to MultiBank. Like its counterpart, ACY Securities is neither publicly traded nor a bank, yet it offers a more moderate level of trust for prospective traders.
| Feature |
MultiBank
|
ACY Securities
|
|---|---|---|
| Year Founded | 2005 | 2011 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 3 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 3 | 1 |
When comparing the commissions and fees of MultiBank and ACY Securities, both online brokers offer varying account options to cater to different traders. MultiBank provides three account types: Standard, Pro, and ECN. The Standard account, with a $50 minimum deposit, has higher spreads and is suited for beginners. The Pro account requires a $1,000 deposit and features lower spreads, while the ECN account offers the lowest spreads with a $10,000 deposit, plus a $3 commission per trade. However, be aware of a $60 monthly inactivity fee charged after 90 days of no trading. MultiBank is rated 4 stars for commissions and fees and is ranked #37 among 62 brokers.
In contrast, ACY Securities also offers three account types: Standard, ProZero, and Bespoke. The Standard account, which requires a $50 deposit, is commission-free but has wider spreads at 1.2 pips. For those seeking narrower spreads, the ProZero and Bespoke accounts offer averages as low as 0.25 pips, with varying commission rates that start at $5 per trade for the Bespoke account and $6 for the ProZero. Notably, Australian residents enjoy lower commissions on the ProZero account, matching competitive rates from brokers like Tickmill. With a more appealing pricing structure, ACY Securities receives a higher rating of 4.5 stars and is ranked #21 out of 62 brokers.
In summary, while both brokers provide competitive options, ACY Securities stands out for its more favorable commission-based accounts and lower costs for Australian traders. MultiBank offers a straightforward tiered structure but falls behind slightly in terms of overall cost-effectiveness. Consider your trading frequency and location when choosing between these brokers to optimize your trading costs.
| Feature |
MultiBank
|
ACY Securities
|
|---|---|---|
| Minimum Deposit | $50 | $50 |
| Average Spread EUR/USD - Standard | N/A | 1.2 |
| All-in Cost EUR/USD - Active | N/A | 0.85 |
| Active Trader or VIP Discounts | No | Yes |
| ACH or SEPA Transfers | Yes | Yes |
| PayPal (Deposit/Withdraw) | No | No |
| 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 MultiBank and ACY Securities, both online brokers provide opportunities for forex trading as a CFD or spot contract. MultiBank offers a broad selection of 1,042 tradeable symbols, including 40 forex pairs. Meanwhile, ACY Securities extends a wider variety with 2,200 tradeable symbols, embracing 66 forex pairs. Despite the variance in numbers, neither broker allows direct investment in exchange-traded securities on U.S. or international exchanges. They both support copy trading, and while MultiBank offers the buying of actual cryptocurrencies, ACY Securities limits cryptocurrency trading to derivatives.
MultiBank is rated four stars for its range of investments, placing it at number 37 out of 62 brokers, according to ForexBrokers.com. ACY Securities shares the same star rating for its investment range but holds a slightly higher rank at number 30. While ACY Securities boasts a larger pool of tradeable symbols and forex pairs, MultiBank distinguishes itself in the cryptocurrency space with the option to trade actual cryptocurrencies, offering investors a unique capability that ACY Securities does not provide.
| Feature |
MultiBank
|
ACY Securities
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1042 | 2200 |
| Forex Pairs (Total) | 40 | 66 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | Yes | 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). |
Dive deeper: Best Copy Trading Platforms.
MultiBank and ACY Securities both offer feature-rich trading platforms that cater to a variety of traders, including beginners and seasoned professionals. They each provide simulated trading options through free virtual demo accounts, allowing users to practice without financial risk. Both brokers offer proprietary platforms, desktop applications compatible with Windows, and convenient web-based platforms for browser access. Additionally, they support popular platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5), and also enable copy trading, making them versatile options for different trading preferences. However, neither MultiBank nor ACY Securities supports DupliTrade or ZuluTrade.
In terms of charting tools, MultiBank offers 17 drawing tools while ACY Securities provides 15, both facilitating detailed technical analysis. Both brokers allow trading directly from stock charts and include seven fields for watching lists, enhancing user convenience. When rated for trading platforms and tools, both MultiBank and ACY Securities achieve a commendable four-star rating. According to ForexBrokers.com, MultiBank is ranked #39, slightly ahead of ACY Securities, which holds the #41 position among 62 brokers. This suggests a marginal preference for MultiBank in the trading tools space; however, both brokers demonstrate strong offerings in this competitive industry.
| Feature |
MultiBank
|
ACY Securities
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | 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 | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 38 | 30 |
| Charting - Drawing Tools (Total) | 17 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both MultiBank and ACY Securities offer comprehensive mobile trading apps available for iPhone and Android users, providing a suite of features to enhance your trading experience. Each platform includes stock and forex price alerts, allowing traders to stay informed of market movements as they happen. Additionally, both apps support charting capabilities with 30 technical studies and enable drawing trendlines on charts. Users can also view various time frames such as daily, weekly, or intraday. While neither platform's mobile app allows for watchlist symbol syncing with the online account, users can still create watchlists with real-time quotes. The apps also autosave drawings on stock and forex charts, minimizing the need for repeated adjustments.
In terms of user ratings, both MultiBank and ACY Securities receive four out of five stars for their mobile trading apps. This reflects their competitive performance and reliability among traders. Despite close user ratings, ACY Securities slightly edges out MultiBank in rankings by ForexBrokers.com, coming in at #40 compared to MultiBank's #41 out of 62 brokers. These mobile apps provide traders with a well-rounded toolkit for managing trades on the go, although the lack of symbol syncing might be something to consider for those who frequently update their watchlists.
| Feature |
MultiBank
|
ACY Securities
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When considering research resources provided by online brokers, MultiBank and ACY Securities offer different sets of information for traders. MultiBank provides forex news from industry-leading sources like Bloomberg and Reuters, but does not offer daily market commentary. In contrast, ACY Securities offers daily market commentary but does not provide forex news from such top-tier sources. Both brokers come up short with technical analysis and fundamental research tools, as neither offers resources from companies like Autochartist or Trading Central. Additionally, sentiment-based trading tools and market research from TipRanks and Acuity Trading are also absent from their inventories.
Both MultiBank and ACY Securities equip traders with economic calendars that track significant economic events worldwide, allowing for informed trading decisions based on global news. Despite these offerings, both brokers receive a modest research rating of 3.5 stars. However, ACY Securities slightly outpaces MultiBank by ranking 44th out of 62 brokers for research resources, compared to MultiBank's rank of 49th according to ForexBrokers.com.
| Feature |
MultiBank
|
ACY Securities
|
|---|---|---|
| Daily Market Commentary | No | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | No |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | No | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners, both MultiBank and ACY Securities provide a range of options focusing on forex and CFDs. Each broker offers a minimum of 10 educational resources, such as articles and videos, specifically for those starting out. Both also cater to newcomers with ample beginner videos. However, ACY Securities stands out with its monthly online webinars, which MultiBank does not offer. Additionally, ACY Securities provides a convenient, searchable archive of past webinars for clients to revisit anytime, a feature that MultiBank lacks.
While neither MultiBank nor ACY Securities includes a comprehensive investor dictionary exceeding 50 terms or offers advanced educational videos, both are rated at 3.5 stars for their educational offerings. When compared across 62 brokers, ACY Securities holds a higher education ranking at #43, whereas MultiBank is positioned slightly lower at #50. Both brokers serve as reasonable options for beginners eager to delve into forex and CFDs, but ACY Securities may have a slight edge with its interactive webinar offerings and accessible archives.
| Feature |
MultiBank
|
ACY Securities
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | Yes |
| Client Webinars (Archived) | No | Yes |
| 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 MultiBank is better than ACY Securities. MultiBank finished with an overall rank of #40, while ACY Securities finished with an overall rank of #41.
MultiBank Group, in operation since 2005, is home to numerous global brands and regulated in jurisdictions all over the world. A multi-asset broker, MultiBank offers forex and CFDs through the MetaTrader and cTrader platform suites (though not all markets are readily available) as well as underlying crypto assets via its regulated crypto exchange. On the negative side, the broker’s market research offering is unimpressive and educational content is entirely absent; MultiBank’s poor performance in these important categories drags down its Overall rating.
| Feature |
MultiBank
|
ACY Securities
|
|---|---|---|
| Overall Rating |
|
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| Trust Score | 84 | 75 |
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When comparing online brokers MultiBank and ACY Securities, MultiBank offers the ability to buy both actual (delivered) cryptocurrency and cryptocurrency derivatives, while ACY Securities provides the option to buy cryptocurrency derivatives only, without the ability to purchase actual cryptocurrencies.
Both MultiBank and ACY Securities offer ACH or SEPA transfers, Skrill, Visa or Mastercard, and bank wire options for depositing or withdrawing account funds, while neither supports PayPal as a method for 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 | MultiBank | ACY Securities | |
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| Trust Score | 84 | 75 | |
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| Review | MultiBank Review | ACY Securities Review |
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| Regulation | MultiBank | ACY Securities | |
|---|---|---|---|
| Trust Score | 84 | 75 | |
| Year Founded | 2005 | 2011 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 3 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 3 | 1 |
| Tier-1 Licenses (Highly Trusted) | MultiBank | ACY Securities | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | No | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | MultiBank | ACY Securities | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | MultiBank | ACY Securities | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1042 | 2200 | |
| Forex Pairs (Total) | 40 | 66 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | Yes | 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). |
| Cost | MultiBank | ACY Securities | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | 1.2 | |
| All-in Cost EUR/USD - Active | N/A | 0.85 | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | No |
| Funding | MultiBank | ACY Securities | |
|---|---|---|---|
| Minimum Deposit | $50 | $50 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | Yes |
| Trading Platforms | MultiBank | ACY Securities | |
|---|---|---|---|
| Proprietary Platform | Yes | 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 | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | MultiBank | ACY Securities | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 38 | 30 | |
| Charting - Drawing Tools (Total) | 17 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | MultiBank | ACY Securities | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | No |
| Research | MultiBank | ACY Securities | |
|---|---|---|---|
| Daily Market Commentary | No | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | No | |
| Economic Calendar | Yes | Yes |
| Education | MultiBank | ACY Securities | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | Yes | |
| Client Webinars (Archived) | No | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | No | No |
| Major Forex Pairs | MultiBank | ACY Securities | |
|---|---|---|---|
| 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 | MultiBank Review | ACY Securities Review |
| Overall | MultiBank | ACY Securities | |
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| Trust Score | 84 | 75 | |
| Winner | check_circle | ||
| Review | MultiBank Review | ACY Securities Review |
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