ACY Securities Expands to South Africa with Ingot Brokers Deal

ACY Securities, a global multi-asset CFD broker, announced it has successfully acquired Ingot Brokers South Africa. This move marks an important step for the company as it becomes fully licensed to operate in the country. The Financial Sector Conduct Authority, South Africa’s financial regulator, has also approved the license.

The acquisition boosts ACY Securities’ global reach and helps expand its proprietary trading platform, LogixTrader, into new markets. Traders in South Africa will now have access to over 2,200 financial instruments, all within a regulated framework.

ACY Securities has spent years searching for ways to grow in Africa, South East Asia, and Europe. According to the update, the purchase of Ingot Brokers South Africa helps the company reach more traders. Its special trading tools are now open to traders in South Africa.

ACY Securities Brings LogixTrader’s Advanced Trading Tools to South Africa

Jimmy Ye, the Chief Executive Officer of ACY Securities, said the new deal is a major step in the company’s global growth plans. He stated that this agreement lets the company share LogixTrader with traders in South Africa, helping them trade better. Ye also said the deal shows the value of following strict rules to protect traders.

LogixTrader, launched earlier this year, provides a web-based trading platform with advanced tools. These tools help traders perform better in the competitive market. According to the update, bringing this platform to South Africa shows ACY Securities’ commitment to using technology to improve trading globally.

This acquisition comes after other important changes at ACY Securities. The company recently updated its Swap-Free Account and removed all the fees for cryptocurrency deposits. These changes aim to help more clients trade more freely and confidently. ACY Securities noted that the move is part of its goal to introduce new ideas to clients.

ACY Securities Aims To Build Strong Relationships With South African Clients

With the FSCA license, ACY Securities can offer all its numerous financial services in South Africa. This license follows the Financial Advisory and Intermediary Services Act, ensuring traders are protected. The company aims to build strong ties with South African clients by focusing on openness and technology.

Jimmy Ye added that growing the ACY Securities brand globally is central to the company’s plans. He said offering tools like LogixTrader and focusing on client protection is key to its success. According to the update, the company is ready to bring its high standards to the South African market.

ACY Securities is one of the fastest-growing CFD brokers in Australia. It offers affordable trading, strong execution, and great account management tools. The company said it will keep focusing on being open and creative as it grows into new areas.

This newest deal enables users in South Africa to trade with a combination of advanced trading tools and strong rules. With this step, ACY Securities aims to grow stronger as a leader in global financial services.