ACY Securities has launched a proprietary trading platform, built from the ground up, which represents a significant step towards the IPO plans of its holding company, ACYLogix.
Going by the name of LogixTrader, the trading platform built in-house offers a unique, tailored trading experience. The proprietary nature of the platform allows ACY Securities to implement exclusive features and enhancements that are not available on third-party platforms.
ACY Securities at the forefront of brokerage industry
Building a proprietary trading platform is rare for brokers because it demands significant resources and costs. Most brokers prefer established platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5) from MetaQuotes. ACY Securities’ investment in developing LogixTrader underscores their dedication to innovation and delivering customized trading solutions to their global clients.
Several brokers have built proprietary trading platforms, which significantly differentiates them in the brokerage industry. For example, IG Group developed its IG Trading platform, Saxo Bank created SaxoTraderGO, Interactive Brokers developed the Trader Workstation platform. By investing in proprietary platforms, these firms demonstrate a commitment to innovation and a desire to offer unique, tailored experiences. This strategy not only distinguishes them from competitors but also positions them as leaders in the industry. Now, ACY Securities is doing the same.
ACY Securities’ LogixTrader features:
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- a seamless, web-based trading experience across all devices that does not require users to download or install any applications to begin trading;
- a user-friendly interface and a range of innovative tools designed to provide traders of all levels with a competitive edge;
- a built-in economic calendar covering real-time economic events and updates;
- reliable risk management with guaranteed stop loss and take profit orders with no slippage, at no additional cost;
- dynamic margin which offers tiered leverage based on trading volume, offering a higher
leverage for lower volumes; - intuitive trading units that simplify the complexity of traditional lot sizes.
“Superior trading solutions to our clients”
Jimmy Ye – CEO of ACY Securities, said: “The introduction of LogixTrader is a testament to our commitment to innovation and providing superior trading solutions to our clients. This platform not only enhances the trading experience for our existing clients by offering more choice but also introduces a range of innovative features that will attract new traders. As we continue on our path towards an IPO, LogixTrader represents a significant milestone and a clear indicator of our progress and ambitions.”
This release follows ACY Securities’ recent announcement of the launch of a variety of new futures symbols, significantly expanding its already diverse suite of over 2,200 trading instruments.
