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ACY Securities in South Africa — review, licence and costs
Score (6 of 6 axes scored)
ranked against full-basis brokers
- Reviews25%70
- Round-turn cost20%95
- Safety20%90
- Payouts15%80
- Track record10%75
- Platforms10%50
Numbered by weight: axis 1 counts for most.
Key facts (6 facts)
- Onboarding entity
- ACY Securities SA (Pty) Ltd (formerly Ingot Brokers SA), a locally licensed entity.
- Founded
- 2011
- Retail leverage
- 500 group
- Round turn
- 6 USDZA
- Currencies
- USD, AUD, EUR, GBP, NZD, CAD, JPY; ZAR reported supported for SA clients (verify at signup).
- Swap-free account
- yes
"group" marks a figure the broker publishes for the group rather than for this country. It is shown because the broker states it, and it is not ranked, averaged or used to sort.
Licence check
Open an account with ACY SecuritiesThe broker's own website. Not a partner link — we earn nothing from it.
Who actually onboards you
- Entity that onboards South Africa residents
- ACY Securities SA (Pty) Ltd (formerly Ingot Brokers SA), a locally licensed entity.
- Local standing
- Domestically regulated by FSCA; group also uses ASIC (AU) and offshore SVG/Vanuatu entities.
- Licence as the register states it
- FSCA FSP No. 51008 under FAIS Act; locally authorised.
- Leverage for this entity
- High leverage marketed up to 1:500 via offshore/int'l onboarding; ASIC AU capped 1:30.
- The firm behind it
- Founded 2011, headquartered Sydney, Australia.
- What we hold against it
- Locally FSCA-licensed is a plus, but group carries EU (AMF/CNMV) and Asian warnings plus WikiFX complaints.
Leverage by entity
The licence belongs to the firm; a leverage figure belongs to one entity. Only the entity that onboards South African residents enters the score.
Scale from 1:10 to 1:3000, logarithmic.
Client protection
- Local entity onboards youDomestically regulated by FSCA; group also uses ASIC (AU) and offshore SVG/Vanuatu entities.
- Regulator warning on filenone found
— means the broker does not state it in any source we captured. It is not read as “no protection” and it is not scored.
Price against South Africa market median(priced from 80 of 103)
Medians run over the 80 of 103 brokers that publish a price for South Africa, never over the whole base. A spread without its commission is not a price and is not counted.
Accounts
Account types the broker names for this country: Standard (commission-free), Raw/Pro (RAW spread + commission), min USD 50. The figures below are the broker's own and do not differ by account in any source we captured.
Swap-free account terms
Terms read from the account page on 01.10.2026. The cap on open positions is not published.
Where ACY Securities sits in the South Africa base(103 brokers)
Round-turn cost, USD (80 of 103 priced)
Median 7 USD · range 1-20 · this broker 6 USD · 23 of 103 brokers do not publish it
Minimum deposit, USD (49 of 103 priced)
Median 50 USD · range 0-1000 · this broker 50 USD · 54 of 103 brokers do not publish it
Retail leverage (72 of 103 with a South Africa figure)
Median 1:500 · range 20-5000 · this broker 1:500 · 31 of 103 brokers do not publish it
Withdrawal time published (103 brokers)
Payouts
Identical for every row: Deposit, h 24 · Fee, USD 0 · Min, USD 50.
Deposit and withdrawal methods (5 methods · 0 local rails)
Cards, bank transfer, Skrill, Neteller, crypto (USDT/USDC);
- Cards
- Bank transfer
- Skrill
- Neteller
- Crypto
- Account currency
- USD, AUD, EUR, GBP, NZD, CAD, JPY; ZAR reported supported for SA clients (verify at signup).
- Fee declared
- 5 of 5 methods
- Withdrawal back to
- the funding method
Where it does not serve(9 countries)
From the client agreement, clause 2.3. A country missing from a translated page is not read as “served”.
Platforms and markets(3 platforms)
- MT4
- MT5
| Class | Count | Min spread |
|---|---|---|
| MT4 | — | 0.7 |
| MT5 | — | 0.7 |
| All instruments | 2200 | — |
184 further account types are named by their brokers but publish none of these figures, so they are not in the comparison: IC Markets Raw Spread MT4/MT5, IC Markets Raw Spread cTrader, Eightcap Standard, Eightcap Raw, Fusion Markets Classic account, Pepperstone Standard and 178 more.
Identical for every row: Leverage 500 ZA.
Reviews(1 platform · 25% of the score)
| Snapshot | Rating | Reviews |
|---|---|---|
| 02.10.2026 | 4.4 | 705 |
Share of reviewers in South Africa: — The platform does not publish it.
Pros and cons(5 for and 3 against, each tied to a figure on this page)
- Round turn 6 USD on the raw + commission basis, under the South Africa median 7
- Locally authorised, licence 51008, read on 09.07.2026
- Withdrawal in 24 h, one of 86 of 103 brokers here that publish a time
- Swap-free account available
- Round-turn cost 95 of 100, its strongest of 6 scored axes
- A regulator warning is on file against this broker
- The published 1:500 comes from the group's offshore entity, not from the South Africa one
- Platforms 50 of 100, its weakest of 6 scored axes
Alternatives in South Africa(6 of 103 scored in South Africa)
- Round turn, USD
- 6ZA
- Min deposit, USD
- 0 groupZA
- Leverage
- 2000ZA
- Rank in this country
- #3
- Round turn, USD
- 7ZA
- Min deposit, USD
- 50ZA
- Leverage
- 500ZA
- Rank in this country
- #8
- Round turn, USD
- 6ZA
- Min deposit, USD
- 20ZA
- Leverage
- 30 group
- Rank in this country
- #2
- Round turn, USD
- 6ZA
- Min deposit, USD
- 25ZA
- Leverage
- 500ZA
- Rank in this country
- #6
- Round turn, USD
- 7ZA
- Min deposit, USD
- 50ZA
- Leverage
- 1000ZA
- Rank in this country
- #25
- Round turn, USD
- 6ZA
- Min deposit, USD
- 0ZA
- Leverage
- 500ZA
- Rank in this country
- #34
Methodology(6 axes · formula v1.0)
Score = 2 + 3 × weighted mean of six axes scored 0–100. Range 2.0–5.0. An axis without data drops out and the remaining weights are renormalised; it is never scored zero or estimated. Group-wide figures never enter a South Africa score. Full methodology
| Axis | Weight | What is measured | ACY Securities |
|---|---|---|---|
| Reviews | 25% | Rating, volume and recency on one public review platform | 70 |
| Round-turn cost | 20% | Round turn on 1 lot EURUSD: spread plus commission, against the country median | 95 |
| Safety | 20% | Local authorisation, the entity that onboards you, any regulator warning | 90 |
| Payouts | 15% | Published withdrawal time, fees and the methods available in the country | 80 |
| Track record | 10% | Years since the firm was founded, from its own filings | 75 |
| Platforms | 10% | Which trading platforms the broker confirms for this country | 50 |
FAQ
- Does ACY Securities accept residents of South Africa?
- Yes. Domestically regulated by FSCA; group also uses ASIC (AU) and offshore SVG/Vanuatu entities. Onboarding entity: ACY Securities SA (Pty) Ltd (formerly Ingot Brokers SA), a locally licensed entity.
- Is ACY Securities licensed to serve clients in South Africa?
- FSCA FSP No. 51008 under FAIS Act; locally authorised. Checked on 09.07.2026.
- How much does one round turn cost at ACY Securities?
- About 6.0 USD per standard lot on EUR/USD. The median across brokers measured for South Africa is 7.0 USD.
- What leverage does ACY Securities offer to retail clients in South Africa?
- Up to 1:500. High leverage marketed up to 1:500 via offshore/int'l onboarding; ASIC AU capped 1:30.
- Which trading platforms does ACY Securities support?
- MT4, MT5. Instruments: FX, indices, commodities, shares CFDs, crypto CFDs.
- How can I withdraw money from ACY Securities in South Africa?
- Cards, bank transfer, Skrill, Neteller, crypto (USDT/USDC); no ZA-specific rail verified.
- What account types does ACY Securities offer?
- Standard (commission-free) and Raw/Pro (RAW spread + commission); min USD 50.
- Does ACY Securities offer a swap-free (Islamic) account?
- Yes. ACY Securities offers a swap-free (Islamic) account to South Africa residents.
Taxes for a South African resident(1 rule)
- SARS taxes residents on worldwide income.https://fsca.co.za
Not tax advice. Check with SARS.