ACY Securities vs MIFX Forex Broker Comparison
A head-to-head comparison of ACY Securities and MIFX across regulation, trading costs, platforms, and editorial scoring.
Score 4 / 5
2 bonusesASIC-regulated Australian broker with broad 2,200+ instrument coverage, TradingView integration, and raw ECN accounts - stronger on instrument breadth than on brand recognition.
VS
One of Indonesia's longest-standing domestically-regulated brokers, holding both BAPPEBTI and OJK licences - the benchmark for local regulatory compliance.
Our Verdict
ACY Securities winsby 0.2 pts
ACY Securities edges ahead with a score of 4/5 vs MIFX's 3.8/5. A narrow margin, so review the breakdown below to see where each broker has a clear advantage.
Verdict by Trader Profile
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Best for low cost trading
Recommended
ACY Securities offers tighter spreads from 0 pips vs 1.5 pips for MIFX, reducing trading costs.
Best for safety & regulation
Recommended
ACY Securities has a stronger safety profile: top-tier regulation, segregated funds, negative balance protection.
Best for active traders
Recommended
ACY Securities has a cost edge: tighter spreads from 0 pips.
Best for platform choice
Recommended
MIFX offers more exclusive platform options: Proprietary Web/Mobile, a proprietary platform.
Best for beginners
Recommended
ACY Securities edges out MIFX with a higher editorial score (4/5 vs 3.8/5), indicating a stronger overall experience for new traders.
ACY Securities vs MIFX: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.0/ 5 | 3.8/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.3 / 5▲ | 3.7 / 5 |
Fees & Spreads 30% weight | 4.3 / 5▲ | 3.9 / 5 |
Platforms & Tools 20% weight | 4.2 / 5▲ | 3.8 / 5 |
Customer Support 10% weight | 3.9 / 5 | 3.9 / 5 |
| Founded | 2011 | 2003 |
| Headquarters | Sydney, Australia | Jakarta, Indonesia |
| Min deposit | $50 | $30 |
| Spreads from | 0 pips | 1.5 pips |
| Commission / lot | $7/lot | N/A |
| Max leverage | 500:1 | 100:1 |
| Withdrawal fee | Free | Free |
| Regulators | ASIC FSA Seychelles | BAPPEBTI OJK |
| Platforms | MetaTrader 4 MetaTrader 5 TradingView | MetaTrader 4 Proprietary Web/Mobile |
| Active bonuses | ||
| Visit broker | Visit ACY Securities | Visit MIFX |
ACY Securities vs MIFX Forex Broker Pros & Cons
Pros
2,200+ instruments including share CFDs and ETF CFDs
TradingView integration for browser-based chart execution
ASIC regulated with Tier 1 investor protections
Raw ECN spreads from 0.0 pips at $7 round-turn commission
Client funds held in segregated accounts
Negative balance protection
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Advanced charting tools included
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Multilingual customer support
Pros
Over 20 years of operation as an Indonesian-licensed broker
Holds both BAPPEBTI and OJK licences - full domestic regulatory compliance
Supports local Indonesian bank transfers for deposits and withdrawals
IDR account denomination avoids currency conversion costs
Client funds held in segregated accounts
Raw spread account available
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Proprietary trading platform available
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Cons
$200 minimum for ECN Ultra account
Less established brand than IC Markets or Pepperstone in Australia
Limited proprietary tools
No investor compensation scheme
No proprietary platform
Cons
Only available to Indonesian residents - no international clients
Limited asset classes compared to international brokers
Leverage capped at 100:1 under BAPPEBTI rules
No top-tier regulatory licence
No negative balance protection
No investor compensation scheme
Limited charting capabilities
Support available in limited languages
ACY Securities vs MIFX: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
4
ACY Securities
criteria wins
1
MIFX
criteria win
Highlighted rows show where the two brokers differ
| Criteria | ACY Securities | MIFX |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Fail |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Fail |
| Compensation scheme (e.g. FSCS) | Fail | Fail |
| Fees & Spreads | ||
| Raw/ECN spreads available | Pass | Pass |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Fail | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Fail |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Fail |
ACY Securities vs MIFX: Frequently Asked Questions
Based on our independent editorial scoring, ACY Securities ranks higher with a score of 4/5 vs 3.8/5 for MIFX. The best choice still depends on your individual trading needs; ACY Securities and MIFX may each suit different trader profiles.
ACY Securities offers tighter spreads starting from 0 pips, compared to MIFX's spreads from 1.5 pips. Tighter spreads lower the cost per trade, particularly valuable for high-frequency and scalping strategies.
MIFX has a lower minimum deposit of $30, while ACY Securities requires at least $50. This makes MIFX more accessible for traders with limited starting capital.
ACY Securities holds top-tier regulation (ASIC, FSA Seychelles), providing stronger investor protections. MIFX may be regulated but does not hold top-tier status in our data. Always verify regulatory status with the broker directly before depositing funds.
For beginners: MIFX has a lower minimum deposit ($30), lowering the barrier to entry; ACY Securities offers negative balance protection, capping losses at your deposit amount. Also weigh up educational resources and customer support quality before deciding.
ACY Securities offers maximum leverage of 500:1, while MIFX offers up to 100:1. Available leverage varies by account type, instrument, and jurisdiction. Higher leverage amplifies both potential profits and losses. Always use appropriate risk management.
ACY Securities charges $7 per lot on commission-based accounts. Commission details for the other broker are not currently available. Check their website for up-to-date pricing.
ACY Securities supports MetaTrader 4, MetaTrader 5, TradingView and MIFX offers MetaTrader 4, Proprietary Web/Mobile; both support MetaTrader 4; ACY Securities exclusively offers MetaTrader 5, TradingView; MIFX exclusively offers Proprietary Web/Mobile.
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Score 3.8 / 5
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