ACY Securities has eliminated payment gateway fees associated with cryptocurrency deposits, making it more cost-effective for traders using its payment method to access the FX/CFD brokerage’s services.
By completely eliminating payment gateway fees for crypto deposits, traders will now be able to choose to fund their accounts with cryptocurrencies at no additional cost.
“The growing popularity of virtual currency as a means of raising funds”
Previously, ACY Securities absorbed 1% of the 1.5% commission charged by payment gateways. From now on, ACY Securities will absorb the full 1.5% fee and customers will be able to fund their accounts at no additional cost.
Jimmy Yeh, CEO of ACY Securities, commented: “We recognize the growing popularity of cryptocurrencies as a means of raising funds, and our decision to eliminate all deposit fees from crypto sources is an important step in meeting the evolving needs of our customers. It’s a thing.
“This move is not only beneficial for existing traders, but also aims to attract new customers who prefer to use digital currencies for trading. Our goal is to make trading as accessible and cost-effective as possible. It’s about making it more efficient.”
Cryptocurrency wallets may still incur gas fees
However, ACY Securities warns traders that although the broker has removed all internal fees for crypto deposits, crypto wallets may still incur gas fees when trading on the blockchain. did.
Gas fees are small amounts of cryptocurrency paid to facilitate the processing of transactions on the network and are outside of ACY Securities’ control.
ACY Securities is a leading ASIC regulated multi-asset CFD broker offering CFDs across stocks, forex, indices and commodities with spreads from 0.0 pips.
ACY extends management fees for swap-free accounts to 4 days
ACY Securities recently strengthened its swap-free account offering following a comprehensive review of its product suite. The CFD broker has announced that the time before management fees apply to swap-free accounts has been extended from two days to four days.
This decision means that swap-free accounts, designed to meet the needs of traders who follow Islamic law, will offer an extended period before administration fees are applied, providing greater value and flexibility for Islamic account users. Masu.
With more time to manage their positions without incurring additional fees, ACY Securities will maintain the highest standards of customer service, while swap-free account users will have greater flexibility in their trading strategies, the broker revealed.
ACY Securities is increasingly targeting Muslim traders. Recent developments include the appointment of Dr. Nedal Archer as chief economist for the Middle East and North Africa (MENA) sector. Dr. Alchar brings a wealth of experience in finance, economics, and academia to the table, having previously served as Syria’s Minister of Economy and Trade, among others.
His contributions to Islamic finance have attracted attention. Among his many honors are the 2006 HH Sheikh Mohammed bin Rashid Al Maktoum Award for Excellence in Banking and two Nobel Prize nominations. Arabian Business Magazine also ranked him as the 8th most influential business figure in the Arab world.
Dr. Alcher’s hiring underscores ACY’s commitment to marrying first-class expertise with our core values of customer focus and innovation. His extensive experience and insight in Islamic finance could help ACY as it seeks to expand its presence in the MENA region and the wider Islamic world.
ACY Securities launches LogixTrader
ACY Securities recently launched LogixTrader, a proprietary trading platform that provides traders with innovative tools and technology to improve their trading advantage.
ACY Securities’ LogixTrader features include:
A seamless web-based trading experience across all devices, with no need for users to download or install any applications to start trading. A user-friendly interface and a set of innovative tools designed to give traders of all levels a competitive edge. Built-in economic calendar covering real-time economic events and updates. Reliable risk management with guaranteed stop-loss and take-profit orders without slippage, at no additional cost. Dynamic Margin provides tiered leverage based on trading volume and higher leverage when trading volume is low. Intuitive trading units that simplify the complexity of traditional lot sizes.
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