ACY Securities is now allowing clients to fund their trading accounts with digital currencies in a milestone move for the Sydney-based multi-licensed broker and for the crypto asset space.
The multi-asset CFD broker accepts account funding with crypto, namely Bitcoin, Ethereum and Tether. Funding via Tether was also activated across the Omni, ERC20, and TRC20 chain types.
Alla Darwish, Head of Global Brokerage at ACY Securities, commented: “It gives me great pleasure to announce today we have put in place the backend infrastructure within our payment systems ecosystem, allowing our clients around the world (excluding Australia) to fund their accounts with Bitcoin, Ethereum or Tether should they wish to do so. The industry is evolving and were leading the way.”
ACY Securities has a strong technology and innovation approach to the brokerage business, having invested substantially in infrastructure as well as R&D to make sure it can deliver an edge to clients well into 2050, Mr. Darwish added.
“In fact, we have over 90 highly qualified, super passionate, and ridiculously talented staff at our Sydney headquarters alone, and half of them are in tech, development and innovation-based positions. Its why ACY is sometimes referred to as half Wall Street and half Silicon Valley. We really are leading the charge on the tech front, and our operational structure reflects that”.
ACY has recently announced several developments at the brokerage, including a drastic reduction in the spread of a range of instruments for its clients in Australia.
The broker has also announced a drastic reduction in the commission charged to their Australian customers from A$8 per round turn to A$3 per round turn which is one of the lowest in the industry. If their Discount Levelling product is applied, it drops to a further A$2.5.
To increase the choice of instruments for the traders to trade in, the broker has also doubled its instrument offering from 800 to 1600 including CFDs of shares and ETFs of some of the major companies from all around the world giving a very wide choice to their clients. The company has also added many new commodity instruments like Zinc, Copper, Lead, Nickel, Gas, and Aluminium to its platform.
ACY Securities is celebrating “10 years of helping traders find their edge” with premium trading conditions, cutting-edge technology, education, and tradable market analysis.
“Thank you to our clients, partners and friends for your ongoing support and confidence in us. We dedicate this milestone to you”, said Jimmy Ye, Chief Executive Officer at ACY Group.
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