Multi-asset trading firm ACY Securities has opened a physical office in Johannesburg and launched its proprietary trading platform in South Africa, following the company's acquisition of Ingot Brokers South Africa last year.

ACY Securities Opens South Africa Office, Launches Platform

The broker now operates under Financial Sector Conduct Authority (FSCA) license 51008, offering South African traders access to the ACY Trading Platform alongside MT4, MT5, and copy trading services.

The expansion timeline accelerated after ACY executives attended the Finance Magnates Africa Summit in Cape Town in May. Company leadership identified South Africa as a strategic entry point for broader African market access.

"South Africa stands out as a gateway to the wider African market and a proven hub for international investors,” said Jimmy Ye, CEO and Co-Founder of ACY Securities. “Launching full operations here allows us to pair world-class liquidity with locally focused service, creating a compelling offer for traders and institutions alike."

The company expects its South African operations to become a "meaningful driver of group revenue" while serving as a springboard for further African expansion, Ye added.

Related: ACY Securities Appoints Phil Kim as Director of Institutional Sales for Asia

Local Support Infrastructure

The Johannesburg facility houses customer support teams offering multilingual services and educational resources. ACY has deployed personal account managers for retail clients and partnership coordinators for affiliate programs within the local office structure.

This physical presence differentiates ACY's approach from brokers serving African markets through remote operations. Local teams can better adapt to regional trading patterns and regulatory frameworks specific to the South African market.

The South African market entry became feasible through ACY's acquisition of INGOT Brokers, which secured local regulatory approval in 2022. This acquisition Acquisition Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Read this Term provided the necessary licensing foundation for ACY's expanded operations.

ACY's expansion emphasizes its proprietary web-based trading technology while maintaining compatibility with traditional MT4 and MT5 platforms. The company's platform operates without requiring software downloads, offering browser-based access to trading functionality.

Crypto Trading Gets Weekend Hours

ACY has simultaneously expanded its digital asset offerings, introducing 10 additional cryptocurrency CFD pairs. The expanded lineup includes major cryptocurrencies such as Bitcoin, Ethereum Ethereum Ethereum is an open source, blockchain-based distributed computing platform and operating system featuring smart contract functionality. Created in 2014, Ethereum now stands as the second largest cryptocurrency by market cap at the time of writing.As a decentralized cryptocurrency network and software platform, Ethereum represents the most prominent altcoin. Ethereum also enables the creation Distributed Applications, or dapps. Understanding EthereumEthereum boasts its own programming language, Ethereum is an open source, blockchain-based distributed computing platform and operating system featuring smart contract functionality. Created in 2014, Ethereum now stands as the second largest cryptocurrency by market cap at the time of writing.As a decentralized cryptocurrency network and software platform, Ethereum represents the most prominent altcoin. Ethereum also enables the creation Distributed Applications, or dapps. Understanding EthereumEthereum boasts its own programming language, Read this Term, Solana, XRP, and Cardano, bringing the total cryptocurrency pairs to 20.

Ashley Jessen, ACY's Chief Operating Officer, explained that "the cryptocurrency market never sleeps, and neither should our clients' ability to trade it." The expanded digital asset range aims to meet demand from active cryptocurrency traders seeking flexibility beyond standard market hours.

The platform enables continuous trading access for these digital assets, including weekend hours when traditional forex and equity markets remain closed. This feature addresses the inherent 24/7 nature of cryptocurrency markets.