One of Australia’s largest online brokers, ACY Securities, headquartered in Sydney, has begun offering stock trading on the MetaTrader 5 trading platform, the flagship product of MetaQuotes, the largest trading OTC software developer.
ACY Securities is perhaps known to have announced a partnership with famous Australian football player Tim Cahill on February, 25. The broker has had ties with other clients as well.
The new offer is called MetaTrader 5 Xchange – the name reflects the addition of shares to the asset line. Thus, now ACY Securities (regulated by the Australian Securities and Investment Commission ASIC) can offer customers access to hundreds of global companies through the world’s largest exchanges, including the NYSE, Nasdaq, and the Australian ASX Stock Exchange.
ACY Securities co-founder and director, Jimmy E., commented that MetaTrader 5 Xchange is a complete range of financial markets, including stocks, currencies, indices and commodities, with the ability to hedge positions and access to an advanced order system.
He also added that the new offer provides customers with the opportunities of true multi-market trading and allows them to diversify their trading portfolio. Now they only need one account to trade in stocks of companies such as Apple, Google, Amazon, as well as Australian blue chips, such as BHP, Commonwealth Bank and Qantas.
With access to nearly 1,000 instruments, the ACY Securities MT5 Xchange platform also offers a leverage of 1: 500 for trading currencies, metals and oil with zero commissions and a minimum initial deposit of $50. The provider’s recent release notes that this is a powerful, comprehensive, fully integrated solution that provides traders with a full range of financial instruments.
It is always considered a good idea to implement something new in a company because innovations are associated with progress, and without development, it is difficult to establish a place in the forex industry.