ACY Securities, a Sydney-based forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term and contracts for difference (CFDs) broker, has announced a strategic partnership with Currencycloud, a payments company headquartered in London. This collaboration paves the way for ACY Securities' clients to deposit funds seamlessly through local payment rails spanning over 180 countries. In addition, they can facilitate transactions in more than 35 different currencies.

ACY Securities Expands Trading Horizons with Currencycloud's Network

The newest cooperation between Currencycloud and ACY Securities provides traders with immediate access to a robust global payments network. On top of that, it strengthens ACY Securities' standing as a technology-driven company dedicated to delivering high-quality trading experiences.

With the aid of Currencycloud's global network, which includes real-time local rails, ACY Securities now optimizes payment infrastructure. The broker is making use of multi-currency accounts and live API-driven competitive FX rates, further enhancing their service offering.

Jimmy Ye, the CEO at ACY Securities, expressed his enthusiasm about the partnership and unwavering commitment to improving clients' experience. "With Currencycloud we can do just that, not least helping us achieve our goal of exemplary customer service with their 24/7 support and APAC-based account management team," Ye commented.

We're pleased to share the news of our partnership with @ACY_Securities. By using Currencycloud’s plug-and-play platform, ACY Securities can help traders seamlessly deposit funds via local payment rails across 180 different countries & over 35 currencies.https://t.co/MPmlYluDMb

— Currencycloud (@Currencycloud) June 15, 2023

ACY Securities is an Australian multi-asset online trading provider, having a track record of servicing clients since 2011. The broker offers low-cost trading and efficient trade execution. Recently, the company introduced a new addition to its website. This latest feature offers in-depth trading reports, encompassing a wide range of crucial data and financial analysis tailored explicitly to explore shares.

Nick Briscoe, the Country Manager for Australia at Currencycloud, also commented on the partnership, emphasizing the strong reputation that ACY Securities has established for utilizing technology to provide robust client experiences.

"We are glad to be part of their customer-focused solution, which enables them to offer clients access to a truly global payments network," Briscoe added.

In one of the most recent developments, the retail trading broker announced the addition of an extensive range of new share CFDs on offer for its’ MetaTrader 5 traders. The newly added share CFDs consist of Japanese and Hong Kong Single Stocks.

Currencycloud Integrates with Visa

Currencycloud, a subsidiary of Visa since 2021, recently onboarded a new Head of Marketing and Sales to support the ongoing integration between the two companies. Maxime Guirauton, the latest addition to Currencycloud's senior management, brings almost 20 years of marketing experience, working previously with Orange, JVC and Samsung.

"We're at an incredibly exciting point in our history: our ongoing integration with VISA is giving us the capacity to explore relationships with some of the world's biggest companies and enter new markets around the world. Maxime will be at the forefront of those efforts," Mike Laven, the CEO of Currencycloud, commented in March.

In July 2021, Visa announced its intention to acquire Currencycloud for $700 million. This global financial leader has solidified its plans by entering into a definitive agreement to acquire the UK-based business-to-business payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term company.

Meanwhile, Currencycloud accomplished another significant milestone by obtaining the Australian Financial Services (AFS) license from the Australian ASIC. With the AFS license in hand, Currencycloud can provide its complete range of services to businesses operating in Australia.