ACY Securities Eliminates Fees for Cryptocurrency Deposits

ACY Securities, a leading global multi-asset CFD broker, is excited to announce the removal of payment gateway fees associated with cryptocurrency deposits. This significant change reflects ACY Securities' commitment to providing a seamless and cost-effective trading experience for its clients.

In an effort to provide more value to traders who choose to fund their accounts with cryptocurrencies, ACY Securities has eliminated the full payment gateway fee for cryptocurrency deposits. Previously, ACY Securities absorbed 1% of the 1.5% fee charged by the payment gateway. As of 2nd October 2024, ACY Securities will now absorb the entire 1.5% fee, allowing clients to fund their accounts at no additional cost.

Jimmy Ye, CEO of ACY Securities, commented, “We recognise the increasing popularity of cryptocurrency as a funding method, and our decision to remove all fees for deposits from cryptocurrency sources is designed to meet the evolving needs of our clients. This move is not only beneficial for our existing traders but also aims to attract new clients who prefer using digital currencies for their transactions. Our goal is to make trading as accessible and cost-effective as possible.”

While ACY Securities has removed all internal fees for cryptocurrency deposits, clients should be aware that their crypto wallets may still incur a gas fee when conducting transactions on the blockchain. A gas fee is a small amount of cryptocurrency paid to facilitate the processing of transactions on the network, which is outside ACY Securities control.

This latest update comes on the heels of other initiatives (link to swap-free press release aimed at improving the trading experience for ACY clients. Recently, the broker made a significant update to its Swap-Free account offering, extending the time before an admin fee is applied from 2 days to 4 days, providing traders with added flexibility.

About ACY Securities

ACY Securities is one of Australia's fastest growing multi-asset CFD broker, offering ultra-low-cost trading, rock-solid execution, technologically superior account management and premium market analysis. The key pillars we operate on are transparency, client-focus and technology. With a track record of servicing clients since 2011, we are well-positioned to look after your trading needs. ACY Securities is part of the ACYLogix group of companies which include ACY Partners, ACY Advisory, ACY Connect, ACY Live and Zerologix.