ACY Securities vs TeleTrade 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 TeleTrade.
Does ACY Securities or TeleTrade 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 TeleTrade 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. ACY Securities holds 1 global Tier-1 licenses, while TeleTrade holds 0. TeleTrade holds 1 global Tier-2 licenses, while ACY Securities holds 0. In our analysis of 23 international regulators across 50 brokers, ACY Securities earned a higher Trust Score than TeleTrade.
Which trading platform is better: ACY Securities or TeleTrade?
To compare the trading platforms of both ACY Securities and TeleTrade, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, ACY Securities offers a better experience. With research, TeleTrade offers superior market research. Finally, we found TeleTrade 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 TeleTrade offer MetaTrader 4 (MT4).ACY Securities and TeleTrade 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 TeleTrade's 61 available pairs. Forex pairs aside, ACY Securities offers traders access to 1600 CFDs while TeleTrade has 500 available CFDs, a difference of 1100.
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 TeleTrade?
TeleTrade is not publicly traded and does not operate a bank. TeleTrade is authorised by zero tier-1 regulator (high trust), one tier-2 regulator (average trust), and zero tier-3 regulator (low trust).
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 TeleTrade good?
TeleTrade was an early pioneer of mobile apps for finance, then became a forex and CFD broker, now offering the MetaTrader platform. With just one regulatory license, Teletrade has a lower Trust Score than more established forex brokers.
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.