Red Flags
18
ACY Securities
ACY Securities has been plagued by significant issues, including severe withdrawal delays, alleged spread manipulation, subpar customer support, opaque offshore operations, and the suppression of negative feedback, leading to widespread mistrust among traders and industry observers.
Quick summary on ACY Securities
ACY Securities, a forex and CFD broker, has faced several negative concerns from traders and industry observers. Here are five key issues:
Withdrawal Delays: Many clients report significant delays when attempting to withdraw their funds. Such delays, often accompanied by vague explanations, have raised doubts about the company’s financial practices. Additionally, frequent technical issues cited during withdrawals add to clients’ frustration.
Spread Manipulation and Slippage: Allegations of widened spreads during market volatility have surfaced, with traders claiming unfair losses. Reports of manipulated slippage during high-impact news events suggest potential exploitation of market conditions.
Poor Customer Support: Clients have expressed dissatisfaction with slow response times and unhelpful staff. These shortcomings often leave traders unable to resolve urgent issues, impacting their trading experience negatively.
Offshore Operations and Transparency: While the company operates under reputable regulations in certain jurisdictions, concerns about unclear practices in offshore markets persist. The lack of robust oversight raises questions about client protection.
Censorship of Negative Feedback: Claims that the company suppresses unfavorable reviews have led to doubts about its willingness to address legitimate grievances, fueling skepticism among prospective clients.
Intel Reports
by: Axel Riley
Customer support is basically nonexistent. Long wait times, vague answers, and zero urgency it’s like shouting into a void when you need help.
by: Gianna Pratt
Allegations of spread manipulation and slippage during volatile markets make it hard to trust ACY. Convenient how it always works against the trader, right when it matters most.
by: Lincoln Miles
ACY Securities’ withdrawal delays are a major red flag. Traders report waiting weeks for their funds with little to no explanation. That’s not a hiccup it’s a financial chokehold.
Cons
by: Taylor Conner
ACY Securities trapped me with hidden fees I was expecting a $5,000 payout, but after their adjustments, I barely got $4,200.
by: Sydney Crane
Lost $500 due to ridiculous slippage during news events. The spreads suddenly widened, wiping out my trade instantly.
by: Steven Bernard
Tried to withdraw my funds, but ACY Securities keeps stalling with vague excuses. Starting to feel like they don’t want me to get my own money back.
by: Logan Price
I’ve had nothing but issues with slippage and spreads. This company is a scam in my opinion.
Pros
Cons
by: Amelia Sutton
All the hype they get is fake. No accountability, and when something goes wrong, they blame the system.
by: Isabella Knight
Withdrawal delays are a joke. I waited weeks just to get my money out—never again.