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 it comes to comparing commissions and fees, ACY Securities offers a variety of account options to suit different traders' needs, with a focus on both low-deposit and commission-based accounts. For their Standard account, which requires just a $50 deposit, spreads are on the wider side, averaging 1.2 pips for the EUR/USD, which is higher than the industry average. However, for those opting for the commission-based ProZero account with a $200 minimum deposit, spreads are significantly lower, averaging 0.25 pips. The Bespoke account, targeting high-volume traders with a $10,000 deposit, offers a commission rate as low as $5 per round turn. Interestingly, Australian traders enjoy even lower costs on the ProZero account, with the commission reduced to $3 per round turn, making their pricing very competitive. ACY Securities boasts a strong 4.5-star rating for its cost efficiency and ranks 21st out of 63 brokers in the Commissions and Fees category by ForexBrokers.com.
Conversely, iFOREX does not provide detailed information on average spreads, making it harder for traders to assess their pricing structure transparently. Without clear spread data, traders are left to rely on other factors to gauge the competitiveness of iFOREX's pricing. Despite this, iFOREX has been rated 3 stars for commissions and fees, placing them in the 61st position out of 63 brokers reviewed by ForexBrokers.com. This indicates that, compared to ACY Securities, iFOREX may not be as competitive in terms of trading costs.
Ultimately, ACY Securities stands out with its multiple account options catering to different trading volumes and budget levels, earning a higher star rating and a better ranking than iFOREX for commissions and fees, providing an advantage for traders seeking cost-effective trading solutions.
| 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 considering the variety of trading options available, ACY Securities and iFOREX both cater to traders interested in forex and cryptocurrency derivatives. ACY Securities offers a larger selection, boasting 2,200 tradeable symbols compared to iFOREX's 750, yet iFOREX takes the lead with 88 forex pairs against ACY's 66. Both platforms support forex trading through Contracts for Difference (CFDs) and provide the opportunity to trade crypto derivatives, but neither offers the ability to buy actual securities or cryptocurrencies. ACY Securities stands out by offering copy trading, a feature not supported by iFOREX.
In terms of ratings by ForexBrokers.com, ACY Securities is ranked #30 among 63 brokers for its range of investments, scoring 4 stars. In contrast, iFOREX is positioned at #41 with a rating of 3.5 stars. While both brokers present sound options for CFD traders, individuals seeking more diversity may find ACY Securities' larger array of symbols and copy trading function appealing, whereas iFOREX's broader selection of forex pairs might draw those focused on currency trading.
| 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.
When comparing the trading platforms and tools offered by ACY Securities and iFOREX, several notable differences emerge. ACY Securities stands out with its comprehensive options, including the popular MetaTrader 4 and MetaTrader 5 platforms, as well as a proprietary platform developed in-house. It also provides a Windows-based desktop platform and a web-based trading platform, offering versatility to users. With support for copy trading and the option for simulated trading through a free demo account, ACY Securities caters to both beginners and experienced traders. While ACY allows trading directly from stock charts, it could improve by increasing its charting drawing tools from the current offering of 15.
iFOREX, on the other hand, provides a proprietary web-based trading platform, but lacks certain features that some users might find essential. For example, it does not offer support for MetaTrader platforms or copy trading. Although iFOREX's charting tools include a greater number of drawing tools (25) compared to ACY Securities, it does not provide a demo account for paper trading. However, both brokers allow trading directly from stock charts. When it comes to watch lists, iFOREX offers greater customization with nine columns, as opposed to the seven provided by ACY Securities. In ratings, both brokers receive four stars for their trading platforms and tools, yet ForexBrokers.com ranks ACY at #41, higher than iFOREX at #54 out of 63 brokers.
| 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.
ACY Securities and iFOREX both provide mobile trading apps available for iPhone and Android devices, ensuring traders have access to the market on the go. However, when it comes to features, ACY Securities edges out iFOREX in several areas. For instance, ACY Securities includes stock or forex price alerts in its mobile app, a feature notably absent in iFOREX's offering. Additionally, ACY Securities provides 30 technical studies for charting and allows users to draw trendlines, view multiple time frames, and auto-save drawings on charts, whereas iFOREX does not have these capabilities. Moreover, ACY Securities supports creating a watchlist with real-time quotes, which is not available with iFOREX.
While both apps receive an equal rating of 4 stars for mobile trading, ACY Securities is ranked higher at #40 by ForexBrokers.com, compared to iFOREX's #55. Although neither platform syncs watchlist symbols between the app and online account, ACY Securities clearly offers more comprehensive tools for charting and market analysis in its mobile app, making it more appealing for those who prioritize advanced technical analysis on the go.
| 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.
Both ACY Securities and iFOREX offer daily market commentary and maintain economic calendars, giving traders insights into current and upcoming global news events. However, neither broker provides forex news from top-tier sources like Bloomberg or Reuters. In the realm of technical analysis, ACY Securities does not provide any tools from Autochartist or Trading Central, while iFOREX stands out by offering Trading Central's technical analytics tools to enhance their clients' trading strategies. Additionally, iFOREX provides a sentiment-based trading tool that displays ratios of long and short positions across currency pairs, which is absent in ACY Securities' offerings.
When it comes to market research from companies such as TipRanks or Acuity Trading's Signal Centre, neither ACY Securities nor iFOREX provides these tools. Despite these limitations, both brokers earn a research rating of 3.5 stars. Among 63 brokers evaluated by ForexBrokers.com for their research offerings, ACY Securities ranks slightly higher at 44th compared to iFOREX's 48th rank. Both platforms, while presenting similar core offerings, have unique features that may appeal to different types of traders.
| 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 ACY Securities and iFOREX for educational resources available to beginners, ACY Securities offers a greater variety of materials tailored for those new to trading forex or CFDs. ACY Securities provides at least 10 educational pieces, including articles and videos primarily focusing on forex and CFDs. They also offer online webinars monthly, with a searchable archive for convenient access to past sessions. Also beneficial for beginners, ACY Securities has at least 10 beginner-focused educational videos, making it a valuable resource for those just starting.
On the other hand, iFOREX does not meet the minimum criteria of offering 10 educational pieces focused on forex or CFDs. Additionally, iFOREX does not provide monthly online webinars or a searchable archive of past webinars. However, similar to ACY Securities, iFOREX does produce at least 10 beginner educational videos. Both platforms currently lack advanced educational videos and investor dictionaries. Despite these differences, both ACY Securities and iFOREX receive a rating of 3.5 stars for education. According to ForexBrokers.com, ACY Securities ranks higher in the education category, standing at #43 compared to iFOREX's #53.
| 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 63 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
|
iFOREX
|
|---|---|---|
| Overall Rating |
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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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