ACY Securities vs OctaFX Comparison
Comparing forex brokers side by side is no easy task. For our 2023 annual forex broker review, we spent hundreds of hours assessing 62 forex and CFD brokerages to find the best forex broker. Let's compare ACY Securities vs OctaFX.
Does ACY Securities or OctaFX 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 OctaFX 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 OctaFX hold 1 global Tier-1 licenses. OctaFX holds 1 global Tier-2 licenses, while ACY Securities holds 0. In our analysis of 23 international regulators across 50 brokers, ACY Securities (75) earned a higher Trust Score than OctaFX (70).
Which trading platform is better: ACY Securities or OctaFX?
To compare the trading platforms of both ACY Securities and OctaFX, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, OctaFX offers a better experience. With research, OctaFX offers superior market research. Finally, we found OctaFX 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. Both ACY Securities and OctaFX offer MetaTrader 4 (MT4).ACY Securities and OctaFX 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 OctaFX's 40 available pairs. Forex pairs aside, ACY Securities offers traders access to 1600 CFDs while OctaFX has 229 available CFDs, a difference of 1371.
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 (Highly Trusted), zero Tier-2 regulators (Trusted), zero Tier-3 regulators, (Average Risk), and one Tier-4 regulator (High Risk). ACY Securities is authorised by the following Tier-1 regulator: the Australian Securities & Investment Commission (ASIC).
Can I trust OctaFX?
OctaFX is not publicly traded and does not operate a bank. OctaFX is authorised by one Tier-1 regulator (high trust), one Tier-2 regulator (average trust), zero Tier-3 regulators (low trust), and zero Tier-4 regulators (High Risk). OctaFX is authorised by the following tier-1 regulators: European Union via MiFID.
Is ACY Securities good?
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.
Is OctaFX good?
OctaFX offers a basic, low-cost MetaTrader platform experience alongside its social copy-trading platform.
Overall winner: ACY Securities
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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.