0.0 Pips
spreads from
The currency market never sleeps, operating 24 hours a day across global time zones. With a massive $7.5 billion daily trading volume, the retail forex market offers endless opportunities for every forex trader to put their trading capital to use.
Clients can enhance their currency trading with deep liquidity and ultra-tight spreads, starting from 0.0 pips on our ProZero forex account. With commissions from $2.50 per lot per side, traders can execute their trading strategy efficiently while benefiting from leveraged trading with ACY as their broker.
You can open a Forex account and access a diverse selection of over 60+ currencies, including major, cross, and exotic pairs. With the most accessible market hours, you can buy a currency pair and start forex trading in the most liquid markets for trading.
With high liquidity and large transaction volumes, the forex market is open to uninterrupted trading, ensuring efficient order execution. Market participants can react to market movements in real-time, accessing competitive currency prices and leveraging trading on margin to trade foreign currency with scale.
The Forex market is a truly global market where economic, political and regulatory trends and policies can affect the currencies movements. Using our trading platforms (MT4, MT5 or LogixTrader), you can trade all the major FX markets across the world.
Gain access to the forex prices you need with a choice of powerful trading platforms, including MT4, the award-winning platform MT5, and our proprietary LogixTrader. Designed for currency traders seeking flexibility, LogixTrader offers dynamic leverage and guaranteed stop losses, giving you greater control over risk and execution.
As a forex broker, our goal is to provide a seamless trading experience, offering the choice of trading platforms and devices coupled with execution speed, reliability, and automation capabilities. Traders can see live forex markets, access their accounts on mobile, desktop, and WebTrader, and enhance their trading with free ACY MetaTrader Scripts for improved efficiency. Open an account today and trade the FX majors with the platform that suits you best.
Majors are the most liquid and widely traded currency pairs in the forex market, often acting as key market movers due to their high trading volume and global influence. Major currencies include EUR/USD, USD/JPY, GBP/USD, USD/CHF, USD/CAD, AUD/USD, and NZD/USD.
Currency crosses are pairs where the US dollar is not the counter-currency. Some of the most popular and highly traded cross pairs include: EUR/GBP, EUR/JPY, EUR/CHF and GBP/JPY.
Commodity currencies are tied to countries rich in natural resources like oil, gold, and other minerals, making them highly responsive to global commodity price fluctuations. Some of the major commodity currencies include the Australian dollar (Aussie), Canadian dollar (Loonie), and New Zealand dollar (Kiwi).
Forex Trading Example
Let’s break down a forex trading example using EUR/USD, the most-traded financial market in Forex, to illustrate how leverage, margin, and closing a trade for profit or loss work. Since retail investor accounts can amplify both gains and losses due to leverage, it’s important to understand position sizing.
To practice without risk, you can open a demo account and test different position sizes for each FX pair, helping you refine your strategy before trading live.
1 Lot = 100,000 Base Currencies | Position: Long | Leverage: 30
Open
Close
Close
EUR/USD
Bid 1.1267 / Ask 1.1268
Proposed leverage is 30:1
1 Lot = 100,000 Base Currency
Bid 1.1277 / Ask 1.1278
Closing Price @ $1.1277
Bid 1.1257 / Ask 1.1258
Closing Price @ $1.1257
Value per Lot
100,000x1.1268 = $112,680 USD
Value per position
$112,770
Value per position
$112,570
Margin per Lot
112,680/30 = $3,756 USD
P/L
Profit:112,770-112,680= $90
P/L
Loss:112,680-112,570= $110
Open
EUR/USD
Bid 1.1267 / Ask 1.1268
Proposed leverage is 30:1
1 Lot = 100,000 Base Currency
Value per Lot
100,000x1.1268 = $112,680 USD
Margin per Lot
112,680/30 = $3,756 USD
Close
Bid 1.1277 / Ask 1.1278
Closing Price @ $1.1277
Value per position
$112,770
P/L
Profit:112,770-112,680= $90
Close
Bid 1.1257 / Ask 1.1258
Closing Price @ $1.1257
Value per position
$112,570
P/L
Loss:112,680-112,570= $110
Forex trading involves both opportunity and risk, and since the largest financial market can be highly volatile, having the right trading strategy is essential. Most accounts lose money when trading due to excessive risk, but by following smart risk management principles, you can trade more effectively.
Here are five key tips to help you minimise risk and improve your results:
One of the biggest mistakes traders make is risking too much on a single trade. Manage your risk by setting stop losses and keeping your position size within a safe percentage of your account balance (ie 1-2%). This helps protect your capital from major market swings.
One of the basic trading tips is to follow the trend rather than trade against it. The market tends to move in sustained trends, and trading in the same direction increases your chances for good risk reward trading opportunities.
Knowing how traders feel about the price of a currency can provide valuable insight into market direction. Use our free market sentiment tool to gauge whether traders are bullish or bearish on a currency pair before placing a trade.
The best way to determine the price of a currency is by analysing fundamental data like GDP, Trade Balance figures, Retail Sales, and NFP (Non-Farm Payroll) reports. These indicators reflect the economic strength of a country and can impact currency movements.
Forex works best when you have a solid plan. Emotional decisions lead to impulsive trades and higher losses. Set clear rules for entries, exits, and risk management, and follow your strategy with discipline. Or consider using an Expert Advisor (EA) and have the code execute your entry and exit rules.,By applying these tips, you can trade forex with a structured approach and reduce the risks that cause most traders to lose money.
ACY Securities is an innovative, tech-inspired multi-asset broker based in ACY Tower in Sydney, with our Australian entity regulated by the Australian Securities and Investment Commission (ASIC). Our institutional-grade trading conditions, combined with our award-winning services, allow you to take a position with confidence.
Headquartered In Sydney
Spreads from 0.0 pips
Under 30ms*
Stocks | FX | Commodities | Indices | ETFs
Daily reports | Trade ideas | Education
From 16 tier one global banks