Broker review · Checked 29 Oct 2026

ACY Securities review 2026: is ACY Securities legit in Kenya and South Africa?

ACY Securities is an Australian broker that bought Ingot Brokers' South African company in 2024 and now serves South Africans through ACY Securities SA (FSP 51008). Accounts start at $50 on MT4, MT5 and its own platform. Clients outside Australia and South Africa go to an unregulated St Vincent company. It is not licensed in Kenya.

🇰🇪 CMANot licensed
🇿🇦 FSCAFSP 51008
Minimum deposit$50
M-PesaNot confirmed

By D. Kalburov, editor · Licence data from the CMA and FSCA registers · How we review brokers

Is ACY Securities regulated? Licence by country

🇰🇪 KenyaNot on the CMA register

Regulator: Capital Markets Authority (CMA)
Local company: Not yet verified
Licence number: —
M-Pesa: Not confirmed

🇿🇦 South AfricaFSCA licence FSP 51008

Regulator: Financial Sector Conduct Authority (FSCA)
Local company: ACY Securities SA Pty Ltd
Licence number: FSP 51008

ACY bought Ingot Brokers' South African company in November 2024 to get its FSCA licence. Clients outside Australia and South Africa are served by an unregulated company in St Vincent and the Grenadines.

Source: compareforexbrokers.com, not yet checked on the register

Other ACY Securities group companies are supervised by ASIC (Australia). Those licences only protect you if your account is with that company.

A licence means someone supervises the broker. It does not make trading safe: most retail CFD accounts lose money.

About ACY Securities

ACY Securities Pty Ltd is regulated by ASIC in Australia. In November 2024 it bought Ingot Brokers South Africa to get an FSCA licence, per Finance Magnates. Other clients are served by ACY Capital Australia LLC in St Vincent and the Grenadines, which CompareForexBrokers says is not regulated by a recognised authority.

Who ACY Securities suits, and who should look elsewhere

Good fit if you

are in South Africa and want MT4 or MT5 from an ASIC-regulated group

Look elsewhere if you

are in Kenya
would be placed with the offshore company

ACY Securities account types and minimum deposit

Account	Minimum deposit	Pricing
Basic	$50	From 2.0 pips, no commission
Standard	$100	From 1.0 pip, no commission
ProZero	$200	From 0.0 pips plus $6 round turn (offshore)

ACY Securities fees: spreads, commission and other charges

Inactivity fee	None
Withdrawals	Five free a month on the offshore company, then 25 per withdrawal

Work out the cost of a trade before you place it with our pip value and profit and loss calculators.

ACY Securities deposits and withdrawals in Kenya and South Africa

🇰🇪 Kenya

ACY Securities is not on the CMA register. If it accepts you, your account sits with an offshore company and you have no CMA complaints route.
No Kenyan payment method confirmed. Expect cards, bank wire or e-wallets such as Skrill and Neteller.

🇿🇦 South Africa

ACY Securities SA Pty Ltd, FSP 51008.

M-Pesa limits, rand EFT, cards, e-wallets and the payment scams to avoid: read our deposits and withdrawals guide.

ACY Securities trading platforms

Is your money safe with ACY Securities?

ASIC and FSCA for local companies.
Offshore company is unregulated.

ACY Securities pros and cons

Pros

FSCA company
MT4 and MT5
No inactivity fee

Cons

Offshore company unregulated
High overnight fees, per CompareForexBrokers
Not licensed in Kenya

Our real-money test of ACY Securities

Coming

We will open a ACY Securities account, deposit, place a trade and withdraw, then publish the screenshots, the time each step took and every fee we paid.

ACY Securities withdrawal time: reports from traders

How long do ACY Securities withdrawals really take?

Loading reports…

Median of reports from traders. Not checked by us; our own tests are marked separately.

Withdrawal stuck or refused at ACY Securities? Get a ready complaint letter and the right regulator contact with our complaint desk →

ACY Securities: questions people ask

Is ACY Securities regulated in Kenya?

No. ACY Securities is not licensed by the CMA. It may still accept clients from Kenya through an offshore company, but you would have no CMA protection or local complaints route.

Is ACY Securities regulated by the FSCA in South Africa?

Yes. In South Africa, ACY Securities operates through ACY Securities SA Pty Ltd, which holds FSCA licence FSP 51008. Check that this company is named on your client agreement, not an offshore company of the same brand. ACY bought Ingot Brokers' South African company in November 2024 to get its FSCA licence. Clients outside Australia and South Africa are served by an unregulated company in St Vincent and the Grenadines.

Is ACY Securities regulated in South Africa?

Yes. ACY Securities SA Pty Ltd holds FSP 51008.

Sources for this review (checked 29 Oct 2026)

Fees, minimums and payment methods change and can differ by the company you sign with. Confirm them on the broker's site before you deposit. Spotted something out of date? Tell us.