Is ACY Securities better than Saxo Bank? In our analysis of 23 international regulators across 39 brokers, ACY Securities is considered average-risk, with an overall Trust Score of 75 out of 99. Saxo Bank is considered low-risk, with an overall Trust Score of 99 out of 99. Learn more about Trust Score.
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Saxo Bank vs ACY Securities 2021
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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Overall Rating
| Feature | Saxo Bank | ACY Securities |
| Overall | ||
| Commissions & Fees | ||
| Offering of Investments | ||
| Platforms & Tools | ||
| Mobile Trading Apps | ||
| Research | ||
| Education | ||
| Trust Score | 99 | 74 |
| Saxo Bank Review | ACY Securities Review | |
| 67% of retail CFD accounts lose money | ||
| Winner | check_circle |
Regulation
| Feature | Saxo Bank | ACY Securities |
| Trust Score | 99 | 74 |
|
Year Founded |
1992 | 2011 |
|
Publicly Traded (Listed) |
No | No |
|
Bank |
Yes | No |
|
Tier-1 Licenses |
6 | 1 |
|
Tier-2 Licenses |
1 | 0 |
|
Tier-3 Licenses |
0 | 1 |
|
Authorised in the European Union |
Yes | No |
Tier-1 Licenses (High Trust)
| Feature | Saxo Bank | ACY Securities |
|
ASIC Authorised (Australia) |
Yes | Yes |
|
IIROC Authorised (Canada) |
No | No |
|
SFC Authorised (Hong Kong) |
Yes | No |
|
CBI Authorised (Ireland) |
No | No |
|
FSA Authorised (Japan) |
Yes | No |
|
MAS Authorised (Singapore) |
Yes | No |
|
FINMA Authorised (Switzerland) |
Yes | No |
|
FCA Authorised (UK) |
Yes | No |
|
CFTC Registered (USA) |
No | No |
|
FMA Authorised (New Zealand) |
No | No |
Tier-2 Licenses (Average Trust)
| Feature | Saxo Bank | ACY Securities |
|
CBRC Authorised (China) |
No | No |
|
CySEC Authorised (Cyprus) |
No | No |
|
SEBI Authorised (India) |
No | No |
|
ISA Authorised (Israel) |
No | No |
|
CBR Authorised (Russia) |
No | No |
|
FSCA Authorised (South Africa) |
No | No |
|
SEC Authorised (Thailand) |
No | No |
|
DFSA / Central Bank Authorised (UAE) |
Yes | No |
Tier-3 Licenses (Low Trust)
| Feature | Saxo Bank | ACY Securities |
| SCB Authorised (Bahamas) | No | No |
| IFSC Authorised (Belize) | No | No |
|
Cayman Islands Monetary Authority (CIMA) |
No | No |
| BMA Authorised (Bermuda) | No | No |
|
FSC Authorised (British Virgin Islands) |
No | No |
|
FSC Authorised (Mauritius) |
No | No |
|
VFSC Authorised (Vanuatu) |
No | Yes |
Investments
| Feature | Saxo Bank | ACY Securities |
|
Forex Trading |
Yes | Yes |
|
CFD Trading |
Yes | Yes |
|
Tradeable Symbols (Total) |
40000 | 1600 |
|
Forex Pairs (Total) |
182 | 62 |
|
US Stock Trading (Non CFD) |
Yes | No |
|
Int'l Stock Trading (Non CFD) |
Yes | No |
|
Social Trading / Copy-Trading |
Yes | Yes |
|
Cryptocurrency (Physical) |
No | No |
|
Cryptocurrency (CFD) |
Yes | Yes |
| Crypto Disclaimer (UK) | 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
| Feature | Saxo Bank | ACY Securities |
|
Average Spread EUR/USD - Standard |
0.8 (August 2020) | 1.2 (Sept 2021) |
|
All-in Cost EUR/USD - Active |
0.6 (August 2020) | 0.85 (Sept 2021) |
|
Active Trader or VIP Discounts |
Yes | Yes |
|
Execution: Agency Broker |
Yes | No |
|
Execution: Market Maker |
Yes | No |
Funding
| Feature | Saxo Bank | ACY Securities |
|
Minimum Deposit |
$2,000.00 | $50 |
|
Bank Wire (Deposit/Withdraw) |
Yes | Yes |
|
Visa/Mastercard (Credit/Debit) |
Yes | Yes |
|
PayPal (Deposit/Withdraw) |
No | No |
|
Skrill (Deposit/Withdraw) |
No | Yes |
Trading Platforms
| Feature | Saxo Bank | ACY Securities |
|
Proprietary Platform |
Yes | No |
|
Desktop Platform (Windows) |
Yes | Yes |
|
Web Platform |
Yes | Yes |
|
Social Trading / Copy-Trading |
Yes | Yes |
|
MetaTrader 4 (MT4) |
Yes | Yes |
|
MetaTrader 5 (MT5) |
No | Yes |
|
cTrader |
No | No |
|
DupliTrade |
No | No |
|
ZuluTrade |
No | No |
Trading Tools
| Feature | Saxo Bank | ACY Securities |
|
Virtual Trading (Demo) |
Yes | Yes |
|
Alerts - Basic Fields |
Yes | Yes |
|
Watchlists - Total Fields |
62 | 7 |
|
Charting - Indicators / Studies (Total) |
62 | 30 |
|
Charting - Drawing Tools (Total) |
20 | 15 |
|
Charting - Trade From Chart |
Yes | Yes |
|
Charting - Drawings Autosave |
Yes | Yes |
Mobile Trading
| Feature | Saxo Bank | ACY Securities |
|
Android App |
Yes | Yes |
|
Apple iOS App |
Yes | Yes |
|
Alerts - Basic Fields |
Yes | Yes |
|
Watch List |
Yes | Yes |
|
Watch List Syncing |
Yes | No |
|
Charting - Indicators / Studies |
62 | 30 |
|
Charting - Draw Trendlines |
Yes | Yes |
|
Charting - Trendlines Moveable |
Yes | No |
|
Charting - Multiple Time Frames |
Yes | Yes |
|
Charting - Drawings Autosave |
Yes | Yes |
|
Forex Calendar |
Yes | No |
Research
| Feature | Saxo Bank | ACY Securities |
|
Daily Market Commentary |
Yes | Yes |
|
Forex News (Top-Tier Sources) |
Yes | No |
|
Autochartist |
Yes | No |
|
Trading Central (Recognia) |
No | No |
|
Delkos Research |
No | No |
|
Social Sentiment - Currency Pairs |
Yes | No |
|
Economic Calendar |
Yes | Yes |
Education
| Feature | Saxo Bank | ACY Securities |
|
Has Education - Forex or CFDs |
Yes | Yes |
|
Client Webinars |
Yes | Yes |
|
Client Webinars (Archived) |
Yes | Yes |
|
Videos - Beginner Trading Videos |
Yes | Yes |
|
Videos - Advanced Trading Videos |
Yes | No |
|
Investor Dictionary (Glossary) |
Yes | No |
Major Forex Pairs
| Feature | Saxo Bank | 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 |
Overall
| Feature | Saxo Bank | ACY Securities |
| Overall | ||
| Commissions & Fees | ||
| Offering of Investments | ||
| Platforms & Tools | ||
| Mobile Trading Apps | ||
| Research | ||
| Education | ||
| Trust Score | 99 | 74 |
| Saxo Bank Review | ACY Securities Review |
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 Saxo Bank.
Does ACY Securities or Saxo Bank 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, Saxo Bank offers better pricing overall for traders.
Is ACY Securities or Saxo Bank 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. Saxo Bank holds 6 global Tier-1 licenses, while ACY Securities holds 1. Saxo Bank holds 1 global Tier-2 licenses, while ACY Securities holds 0. In our analysis of 23 international regulators across 50 brokers, Saxo Bank earned a higher Trust Score than ACY Securities.
Which trading platform is better: ACY Securities or Saxo Bank?
To compare the trading platforms of both ACY Securities and Saxo Bank, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, Saxo Bank offers a better experience. With research, Saxo Bank offers superior market research. Finally, we found Saxo Bank 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. ACY Securities and Saxo Bank both offer copy trading. Both ACY Securities and Saxo Bank offer MetaTrader 4 (MT4).
How many forex pairs and CFDs are available to trade?
Saxo Bank provides traders 182 currency pairs (e.g., EUR/USD) compared to ACY Securities's 62 available pairs. Forex pairs aside, Saxo Bank offers traders access to 40000 CFDs while ACY Securities has 1600 available CFDs, a difference of 38,400.
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 Saxo Bank?
Saxo Bank is not publicly traded, does operate a bank, and is authorised by six tier-1 regulators (high trust), one tier-2 regulator (average trust), and zero tier-3 regulators (low trust). Saxo Bank is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC), Securities Futures Commission (SFC), Japanese Financial Services Authority (JFSA), Monetary Authority of Singapore (MAS), Swiss Financial Market Supervisory Authority (FINMA) and the 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 broker’s research and educational content, however, could be greatly improved upon.
Is Saxo Bank good?
Saxo Bank is an exclusive multi-asset broker with brilliant research and a superb trading platform experience – as well as a stunning selection of over 40,000 securities.
Overall winner: Saxo Bank
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Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. All data was obtained from a published website as of 01/10/2022 and is believed to be accurate, but is not guaranteed. The ForexBrokers.com staff is constantly working with its online broker representatives to obtain the latest data. If you believe any data listed above is inaccurate, please contact us using the "Contact" link at the bottom of this page.
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