ACY Securities Expands Global Footprint with Acquisition of Ingot Brokers in South Africa

ACY Securities, a leading global multi-asset CFD broker, today announced it has successfully acquired Ingot Brokers South Africa. This strategic move marks a significant milestone for the company as it becomes fully licensed to operate in South Africa under the regulation of the Financial Sector Conduct Authority. The acquisition not only strengthens ACY Securities' global presence but also facilitates the expansion of its proprietary trading platform, LogixTrader, into new markets.

For several years, ACY Securities has been actively exploring acquisition opportunities in Africa, South East Asia, and Europe as part of its ambitious global expansion strategy. The successful acquisition of Ingot Brokers South Africa enables the company to extend its premium trading services and cutting-edge technology to clients in South Africa, offering them access to more than 2,200 financial instruments within a robust regulatory framework.

Jimmy Ye, CEO of ACY Securities commented, "Securing the deal in South Africa is a pivotal step in our global expansion journey. This acquisition allows us to bring LogixTrader, our innovative trading platform, to a broader audience, enhancing the trading experience for clients in this dynamic market. Our focus on robust regulatory compliance ensures traders can operate with confidence, knowing they are protected by one of the world's respected financial regulators."

The integration of LogixTrader into the South African market underscores ACY Securities' commitment to offering cutting-edge technology and exceptional service globally. LogixTrader, launched earlier this year, provides a seamless, web-based trading experience with innovative tools designed to give traders a competitive edge.

This development follows a series of strategic initiatives by ACY Securities to enhance its global presence and deliver exceptional value to its clients. Earlier this year, the company launched LogixTrader, made significant updates to its Swap-Free Account, and eliminated fees for cryptocurrency deposits, underscoring its commitment to innovation and client service.

"By continuing to build a strong brand across global markets, we are solidifying our position as a key player in the financial industry," added Jimmy Ye. "Offering cutting-edge technology like LogixTrader, a broad range of instruments, and a focus on robust regulatory compliance are central to our mission. We are excited to deliver these benefits to traders in South Africa and look forward to fostering strong relationships in this rapidly growing market."

The acquisition comes with an FSCA license, authorises ACY Securities to provide financial services in terms of section 8 of the Financial Advisory and Intermediary Services Act. This ensures that clients in South Africa can trade with confidence, knowing they are engaging with a broker committed to transparency, client-focus, and technological excellence.

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.