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Rating Index
Pros
Low minimum deposit requirement of $50, making it accessible for new traders.
Offers a wide range of over 2,200 CFDs across various asset classes, including forex, commodities, and cryptocurrencies.
Commission discounts available for high-volume traders, enhancing cost-effectiveness for active traders.
Cons
Logix Trader platform lacks basic features like trading from charts, which can hinder user experience.
Educational resources are poorly structured and difficult to navigate, limiting support for beginner traders.
Web platform only supports a limited selection of 161 symbols, restricting trading options compared to other platforms.
ACE SECURITIES broker Accounts
ACE SECURITIES Account Types
ACE Securities offers a variety of account types tailored to different trading needs. The primary account types include:
- Standard Account
- Minimum Deposit: $50 USD / R800 ZAR
- Spreads: Variable
- Commission: Zero
- Leverage: 500:1
- Minimum Trading Volume: 0.01 lot
- Pro Zero Account
- Minimum Deposit: $200 USD / R3100 ZAR
- Spreads: From 0.0 pips
- Commission: $3 per lot per side
- Leverage: 500:1
- Minimum Trading Volume: 0.01 lot
- Bespoke Account
- Minimum Deposit: $10,000 USD / R154,000 ZAR
- Spreads: From 0.0 pips
- Commission: $2.50 per lot per side
- Leverage: 500:1
- Minimum Trading Volume: 0.01 lot
- Islamic Account
- Minimum Deposit: $50 USD / R800 ZAR
- Spreads: From 1 pip
- Swaps: None (admin fee applies)
- Leverage: 500:1
- Minimum Trading Volume: 0.01 lot
- Demo Account
- Minimum Deposit: Virtual funds for practice
- Spreads: Variable
- Commission: Zero
- Leverage: 500:1
- Minimum Trading Volume: 0.01 lot
- Visit the Website: Go to the ACE Securities homepage.
- Click on "Open an Account": Locate the “Open an Account” button on the top right of the page.
- Fill Out Registration Form: Complete the registration form with personal details, including preferred account type, country of residence, and ID number.
- Provide Financial Information: Enter your current employment status, annual income, and selected account funding currency.
- Experience Overview: Answer questions regarding your trading experience and knowledge.
- Agree to Terms and Conditions: Review and accept the terms and conditions to finalize the registration.
- Verification: Submit a government-issued ID and proof of residency for account verification.
- Fund Your Account: Once verified, you can deposit funds to start trading.
ACE SECURITIES Broker Account Opening Process
Opening an account with ACE Securities is a straightforward process that involves the following steps:
This process ensures compliance with global AML/KYC requirements and allows traders to access various financial markets efficiently.
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ACE SECURITIES accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .