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ACY Securities regulation: what happens if the firm fails

The licence is what decides where your money sits and who is obliged to do something about it. Here is who licenses ACY Securities and what the protections are.

Facts last checked . Read the full ACY Securities review.

Regulation and safety

Regulated by
ASIC (AFSL 403863); FSCA South Africa (51008); ACY Capital LLC registered in Saint Vincent and the Grenadines
Regulator tier
Tier 1
Register entry
ASIC Professional Registers, AFSL 403863
Client money segregated
Yes
Held at
Major regulated banking institutions
Negative balance protection
Yes, Australian retail clients
Compensation scheme
No statutory investor compensation scheme
Audited by
Independent external auditors
Not available to
United States and other jurisdictions where ACY does not provide services or where its products are prohibited

Check the licence yourself: ASIC Connect, the FSCA search of financial services providers.

What this means

The licence is what decides where your money sits and who is obliged to do something about it.

ACY Securities holds a tier-one authorisation from ASIC. That matters more than any headline spread: it determines your leverage cap, whether losses can exceed your deposit, and what happens to your money if the firm fails.

ASIC caps retail leverage at 1:30, requires negative balance protection, and obliges the broker to hold client money in a separate trust account.

The FSCA licenses derivative providers in South Africa without a fixed retail leverage cap, so headline leverage is often higher than an FCA or ASIC entity may offer.

Client money is held separately from the firm's own money, at Major regulated banking institutions. That separation is what makes your balance recoverable if the company fails, rather than part of the pool its creditors divide up.

Negative balance protection applies, so a losing position cannot take the account below zero and leave you owing the broker money.

Covered by No statutory investor compensation scheme, which pays eligible clients up to its limit if the firm fails owing client money.

Questions about ACY Securities regulation

Is client money segregated at ACY Securities?

Yes. ACY Securities holds client money separately from its own funds, at Major regulated banking institutions.

Does ACY Securities offer negative balance protection?

Yes. ACY Securities offers negative balance protection, so a losing position cannot leave you owing the broker more than your account held.

Is there a compensation scheme at ACY Securities?

ACY Securities's compensation scheme is recorded as: No statutory investor compensation scheme. A scheme covers the broker failing, not losses on your trades.

Regulation at brokers under the same regulator

More about ACY Securities