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ACE FX foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://fxace.com/trading/register, about the company's legal and temporary regulatory information, the company's address 5 London Bridge Walk, London SE1 2SX, Great Britain.

ACE FX Forex Broker

Basic Information

Registered Region

United Kingdom

Operating Period

Company Name

ACE FX LIMITED

Abbreviation

ACE FX

Company employee

Customer Service Email Address

support@fxace.com

Contact Number

+443737000012

Company Website

https://fxace.com/

Company address

5 London Bridge Walk, London SE1 2SX, Great Britain

Keywords

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

Company profile

NOTE: ACE FXs official site - https://fxace.com/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker. ACE FX Review Summary Founded 2021 Registered Country/Region United Kingdom Regulation No Regulation Market Instruments Forex, Shares, Indices and Commodities Demo Account Unavailable Leverage Up to 1:20 Trading Platforms A Web-based Platform Customer Support Tel: +44 37 3700 0012 Email: support@fxace.com What is ACE FX？ ACE FX is a broker registered in the UK and founded in 2021. It provides its clients with a web-based trading platform, leverage up to 20:1, competitive spreads with no commissions on a variety of tradable assets, as well as 24/7 customer support service. However, it operates without valid regulation. And the official website is non-functional currently. Pros & Cons Pros Cons Diverse Market Instruments No Regulation Non-functional Website Limited Information Pros: Diverse Market Instruments: ACE FX offers a range of tradable assets, including Forex, Shares, Indices, and Commodities, providing traders with various options to diversify their portfolios. Cons: No Regulation: ACE FX operates without regulatory oversight, which can increase the risk for traders due to potential lack of consumer protection and oversight. Non-functional Website: A non-functional website can be frustrating for traders, as it suggests issues with accessibility, reliability, or security. Limited Information: The lack of detailed information about ACE FX, such as trading conditions, company background, and fee structure, can make it difficult for traders to assess the platform's credibility and make informed decisions. Is ACE FX Safe or Scam？ Determining whether ACE FX is safe or a scam requires thorough research and consideration of several factors. As of now, ACE FX operates without regulation, which is a significant red flag. Regulation is important as it provides a level of oversight and protection for traders, ensuring that the broker follows certain standards and practices. Additionally, the lack of detailed information about ACE FX, such as its background, ownership, and trading conditions, raises concerns about transparency and legitimacy. A non-functional website further adds to these concerns, as it suggests issues with the broker's operations and reliability. Market Instruments ACE FX offers a variety of market instruments for trading. These market instruments provide traders with a diverse range of options to trade based on their preferences and market outlook. Forex: Trade major, minor, and exotic currency pairs in the global foreign exchange market. Shares: Trade shares of publicly-listed companies from around the world. Indices: Trade on the performance of a group of stocks, representing a particular market or sector. Commodities: Trade commodities such as gold, silver, oil, and agricultural products. Leverage ACE FX offers leverage of up to 1:20 for traders. Leverage allows traders to control a larger position in the market with a relatively smaller amount of capital. While leverage can amplify profits, it also increases the potential for losses Spreads & Commissions ACE FX claims that it offers its clients tight raw spreads from 0.0 pips and all charging no commissions. In particular, the spreads for EUR/USD, AUD/USD and NZD/USD are floating around 0.01 pips, while the spread for GBP/USD is floating around 0.04 pips. Trading Platforms When it comes to trading platforms available, instead of the industry-standard MetaTrader4 and MetaTrader5 platforms, ACE FX gives traders a web-based platform, which has the basic features for placing orders, customizing charts and application of technical indicators. However, compared with the worlds most widely-used MT4 and MT5 trading platforms, it lacks more advanced functionality. Deposits & Withdrawals ACE FX says to accept deposits and withdrawals via credit cards like Visa and MasterCard, however, the only available payment option is Bitcoin. The minimum deposit requirement is $500. According to the terms of its official website, withdrawals can be made 30 days after deposit, while no more specifically involved. Customer Service ACE FX provides customer support via telephone at +44 37 3700 0012 and email at support@fxace.com. Traders can reach out to customer support for assistance with account-related queries, technical issues, and general inquiries. Conclusion In summary, ACE FX is a new brokerage firm offering a web-based trading platform with leverage up to 1:20 and competitive spreads on Forex, Shares, Indices, and Commodities. However, ACE FX operates without regulation, and its website is currently non-functional, which impacts its reliability and transparency. It is strongly recommended to avoid using ACE FX and opting for a regulated and reputable broker. Frequently Asked Questions (FAQs) Q: Is ACE FX regulated？ A: No, ACE FX operates without any regulation. Q: What trading instruments does ACE FX support？ A: ACE FX offers trading in Forex, Shares, Indices, and Commodities. Q: What leverage does ACE FX offer？ A: ACE FX offers leverage up to 1:20. Q: What trading platform does ACE FX use？ A: ACE FX uses a web-based trading platform. Q: Does ACE FX offer a demo account？ A: No, ACE FX does not offer a demo account. Risk Warning Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

ACE FX broker review

Is ACE FX safe or scam

Rating Index

How to login to ACE FX?

ace fx Complete Account Guide: Registration, Account Opening, and Login Processes This comprehensive guide aims to provide a detailed overview of the processes involved in registering, opening an account, and logging into the ace fx platform. Whether you are a beginner or an experienced trader, this

Ace FX Broker - Complete Information Guide

1. Broker Overview

　　Ace FX is a forex broker that was established in 2021. The company is registered in the United Kingdom and offers its services globally. As a private entity, Ace FX focuses on providing a variety of trading options to retail clients and institutional investors alike. The broker primarily serves markets in Europe, Asia, and the Americas, catering to clients interested in forex trading, commodities, indices, and shares.

　　Since its inception, Ace FX has aimed to position itself as a competitive player in the forex market. However, it has faced scrutiny and skepticism regarding its regulatory compliance and operational transparency. The broker claims to offer a user-friendly trading environment, but various reviews and reports have raised concerns about its legitimacy and the safety of client funds.

　　Ace FX is often associated with a parent company, Ace FX Limited, which has purported ties to other established brokers. However, these claims have been investigated and found to be misleading, as Ace FX does not have any legitimate regulatory affiliations with well-known firms. The business model of Ace FX appears to focus on retail forex trading, but its lack of regulation raises significant red flags for potential investors.

2. Regulatory and Compliance Information

　　Ace FX operates without any valid regulatory oversight, which is a significant concern for potential traders. The broker claims affiliations with several regulatory bodies, including the Cyprus Securities and Exchange Commission (CySEC) and the Australian Securities and Investments Commission (ASIC). However, investigations have shown that these claims are false, as Ace FX is not listed in the registries of these regulatory authorities.

　　The broker does not provide a regulatory number, nor does it offer any information regarding the effective period or scope of its licenses. Furthermore, Ace FX does not have a clear legal entity structure across different regions, making it difficult for clients to ascertain the legitimacy of the broker.

　　In terms of client protection, Ace FX does not implement a client fund segregation policy, nor does it participate in any investor compensation schemes. This lack of regulatory compliance and protective measures makes trading with Ace FX highly risky. Additionally, the broker's KYC (Know Your Customer) and AML (Anti-Money Laundering) policies appear to be non-existent, further compromising the safety of client funds.

3. Trading Products and Services

　　Ace FX offers a range of trading products, focusing primarily on forex currency pairs, which include major, minor, and exotic pairs. The broker claims to provide access to over 30 forex pairs, allowing traders to diversify their trading strategies.

　　In addition to forex trading, Ace FX also offers CFD products across various asset classes, including:

Indices: Major global indices such as the S&P 500 and FTSE 100.
Commodities: Trading options in gold, silver, and oil.
Shares: Stocks from publicly listed companies.
Cryptocurrencies: Limited options for trading popular cryptocurrencies.

　　Ace FX has not provided detailed information on the frequency of product updates or the introduction of new trading instruments, which raises concerns about the broker's commitment to enhancing its trading offerings. The broker's focus appears to be primarily on retail trading services, with no clear indication of institutional client services or white-label solutions.

4. Trading Platforms and Technology

　　Ace FX offers a web-based trading platform, which lacks the advanced features found in industry-standard platforms like MetaTrader 4 (MT4) or MetaTrader 5 (MT5). This limitation may hinder traders who rely on sophisticated tools for technical analysis and automated trading strategies.

　　The broker does not support mobile trading applications for iOS or Android devices, which is a significant drawback for traders who prefer to manage their accounts on the go. The execution model utilized by Ace FX is not clearly defined, with reports suggesting it might operate on a market-making basis without the transparency typically associated with ECN or STP models.

　　The technology infrastructure of Ace FX appears to be lacking, as there is no information regarding server locations or the robustness of its trading technology. Additionally, there is no mention of API access or support for automated trading, which are essential features for many traders in today's market.

5. Account Types and Trading Conditions

　　Ace FX offers a standard account type, but specific details regarding minimum deposits, spreads, and commissions are not transparently provided. The broker has indicated that the minimum deposit requirement is $500, which is relatively high compared to other brokers in the industry.

　　The leverage offered by Ace FX is reportedly up to 1:20, which may not be competitive for traders looking for higher leverage options. There is no information available about the existence of advanced account types, such as VIP or professional accounts, nor are there any indications of special account features like Islamic accounts.

　　The broker does not offer a demo account for prospective clients to test the trading environment before committing real funds. This lack of a demo account option can deter novice traders who wish to practice their skills without financial risk. Furthermore, details about overnight fees and minimum trade sizes are not disclosed, adding to the opacity of Ace FX's trading conditions.

6. Fund Management

　　Ace FX supports a limited range of deposit methods, primarily focusing on credit card and bank transfer options. The broker has been noted for promoting cryptocurrency deposits, particularly Bitcoin, which is a common tactic used by scam brokers due to the irreversibility of such transactions.

　　The minimum deposit requirement varies by account type, but the standard minimum is set at $500. Deposits are reported to be processed relatively quickly, but the exact processing time is not specified.

　　Withdrawal methods are similarly limited, with reports suggesting that clients may face significant delays when requesting withdrawals. The broker has a reputation for imposing restrictions on withdrawals, often citing various reasons to postpone the process. Furthermore, the fee structure for withdrawals is vague, with many clients reporting unexpected charges.

7. Customer Support and Educational Resources

　　Ace FX provides customer support through various channels, including email and telephone. However, the availability of live chat support is not confirmed. The service hours and time zone coverage are not clearly stated, making it challenging for clients to receive timely assistance.

　　The broker claims to support multiple languages, but specific language options are not listed. Educational resources offered by Ace FX are minimal, with no clear indication of webinars, tutorials, or eBooks available to help traders enhance their skills.

　　Market analysis services, such as daily reports, news updates, and research articles, are not prominently featured on the broker's website, which may leave traders without essential market insights. Additionally, the availability of trading tools, such as calculators and signal services, is not specified, limiting the resources available for traders to make informed decisions.

8. Regional Coverage and Restrictions

　　Ace FX aims to serve a global market, with a particular focus on Europe, Asia, and the Americas. However, the broker does not clearly outline its regional offices or specific operational jurisdictions.

　　Notably, Ace FX does not accept clients from several countries, including the United States and Canada, due to regulatory restrictions. This limitation may affect potential clients who reside in these regions and are interested in trading with the broker.

　　In conclusion, while Ace FX presents itself as a forex broker with various trading options, the lack of regulatory oversight, transparency in operations, and limited customer support raise significant concerns about its legitimacy and the safety of client funds. Traders are advised to exercise caution and consider alternative brokers that offer robust regulatory protections and transparent trading conditions.

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