ACY Securities vs LegacyFX Comparison
Comparing forex brokers side by side is no easy task. For our 2022 annual forex broker review, we spent hundreds of hours assessing 39 forex and CFD brokerages to find the best forex broker. Let's compare ACY Securities vs LegacyFX.
Does ACY Securities or LegacyFX offer lower pricing?
Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, ACY Securities
offers better pricing overall for traders.
Is ACY Securities or LegacyFX safer for forex and CFDs trading?
At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 23 international regulator databases. Here's our findings. Both ACY Securities and LegacyFX hold [Variable A] global Tier-1 licenses. In our analysis of 23 international regulators across 50 brokers, ACY Securities and LegacyFX earned the same Trust Score.
Which trading platform is better: ACY Securities or LegacyFX?
To compare the trading platforms of both ACY Securities and LegacyFX, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, ACY Securities offers a better experience. With research, LegacyFX offers superior market research. Finally, we found ACY Securities to provide better mobile trading apps.
What about MetaTrader and copy trading?
For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. Neither broker offers Meta Trader.ACY Securities and LegacyFX both offer copy trading.
How many forex pairs and CFDs are available to trade?
ACY Securities provides traders 62 currency pairs (e.g., EUR/USD) compared to LegacyFX's 41 available pairs. Forex pairs aside, ACY Securities offers traders access to 1600 CFDs while LegacyFX has 425 available CFDs, a difference of 1175.
Can I trust ACY Securities?
ACY Securities is not publicly traded and does not operate a bank. ACY Securities is authorized by one tier-1 regulator (high trust), zero tier-2 regulators (average trust), and one tier-3 regulators (low trust). ACY Securities is authorised by the following tier-1 regulator: the Australian Securities & Investment Commission (ASIC).
Can I trust LegacyFX?
LegacyFX is not publicly traded and does not operate a bank. LegacyFX is authorised by one tier-1 regulator (high trust), one tier-2 regulator (average trust), and zero tier-3 regulators (low trust). LegacyFX is authorised by the following tier-1 regulators: Financial Conduct Authority (FCA).
Is ACY Securities good?
ACY Securities is a MetaTrader-only broker with a reasonable range of markets and a balanced account offering. The brokerโs research and educational content, however, could be greatly improved upon.
Is LegacyFX good?
LegacyFX is a plain-vanilla MetaTrader 5 (MT5) broker that offers a medium range of CFD markets and forex pairs. It has built a good foundation of research offerings, and its investor education content is on par with the industry average. Overall, LegacyFX still has room to grow, and trails behind the best MetaTrader brokers.
Overall winner: ACY Securities
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