ACY Securities, a broker headquartered in Sydney, Australia, announced this Tuesday that it has rolled out its MetaTrader 5 platform with stocks, called MT5 Xchange.
Regulated by the Australian Securities and Investments Commission (ASIC), ACY Securities now offers its clients access to hundreds of stocks from some of the largest companies in the world, through a variety of exchanges such as Nasdaq, the New York Stock Exchange (NYSE) and the Australian Stock Exchange (ASX).
ACY Securities launches commission-free trading
The MT5 Xchange, provides access to almost 1,000 instruments, the broker said in its statement today. Users can also access leverage of 1:500 on foreign exchange (forex), metals and oil with zero commissions. Clients must have a minimum deposit of $50.
Speaking on the launch, Jimmy Ye, the Co-founder and Director at ACY Securities said that MT5 Xchange would give traders access to all the major asset classes, with 1:25 leverage on share contracts for difference (CFDs).
“With MT5 Xchange you can access the full range of markets across shares, FX currency pairs, indices, commodities and cryptocurrencies, with the ability to hedge your positions and access more advanced ordering options” said Mr Ye in the statement today.
“It provides a true multi-asset experience for our clients and gives them the option to diversify their trading portfolios. One account and one login and you can now trade your view on stocks like Apple, Google, Amazon and Australian blue chips like BHP, Commonwealth Bank and Qantas. And the leverage on offer across the entire share offering is 1:25, which is the highest leverage in the industry when it comes to share CFD trading via MT5”.
The new stocks MetaTrader 5 platform is available via the Australian firm’s website, it is accessible via desktop, mobile devices (iOS and Android) and web-based applications, the company said.
(Photo: ACY Securities)