What Is ACE FX?
The Official Website Of Ace FX Cannot Be Opened Temporarily For Unknown Reasons, So We Can Only Collect Some Relevant Information For Reference Only.
ACE FX Is A Broker Registered In The UK And Established In 2021. It Offers Its Clients A Web-based Trading Platform With Leverage Up To 20:1, Competitive Spreads, No Commissions On A Wide Range Of Tradable Assets, And 24/7 Customer Support Services. However, It Operates Without Effective Supervision. The Official Website Is Currently Unusable.
Multi-Market Instruments: ACE FX Offers A Range Of Tradable Assets Including Forex, Stocks, Indices And Commodities, Providing Traders With A Variety Of Options To Diversify Their Portfolios.
Cons:
Unregulated: ACE FX Operates Without Regulatory Oversight, Which May Increase Risk For Traders Due To A Possible Lack Of Consumer Protection And Oversight.
Non-Functional Website: For Traders, A Non-functional Website Can Be Frustrating As It Suggests There Are Issues With Accessibility, Reliability Or Security.
Limited Information: Insufficient Detailed Information About ACE FX, Such As Trading Conditions, Company Background, And Fee Structure, Can Make It Difficult For Traders To Assess The Trustworthiness Of The Platform And Make Informed Decisions.
Is ACE FX Safe?
Determining Whether ACE FX Is Safe Or Fraudulent Requires Thorough Research And Consideration Of Several Factors.
As Of Now, ACE FX Operates Without Regulation, Which Is An Important Warning Sign. Regulation Is Important Because It Provides Oversight And Protection For Traders, Ensuring That Brokers Follow Certain Standards And Practices. In Addition, The Lack Of Detailed Information About ACE FX, Such As Its Background, Ownership And Trading Conditions, Raises Concerns About Transparency And Legality. A Non-functioning Website Further Exacerbates These Concerns, As It Hints At Problems With The Broker's Operations And Reliability.
Market Tools
ACE FX Offers A Variety Of Market Tools For Trading. These Market Tools Provide Traders With Diverse Options To Trade Based On Their Preferences And Market Outlook.
Forex: Trade Major, Minor And Exotic Currency Pairs On The Global Forex Market.
Stocks: Trade Stocks From Listed Companies Around The World.
Indices: Trade The Performance Of A Group Of Stocks, Representing A Particular Market Or Industry.
Commodities: Trade Commodities Such As Gold, Silver, Oil, And Agricultural Commodities.
Leverage
ACE FX Offers Traders Leverage Of Up To 1:20. Leverage Allows Traders To Control Larger Market Positions With Relatively Little Capital. While Leverage Can Amplify Profits, It Also Increases The Potential For Losses.
Spreads And Commissions
ACE FX Claims To Offer Clients Tight Raw Spreads, Starting At 0.0 Pips, And No Commission Is Charged On All Trades. In Particular, EUR/USD, AUD/USD And NZD/USD Have Spreads Around 0.01 Pips, While GBP/USD Has Spreads Around 0.04 Pips.
Trading Platforms
In Terms Of Available Trading Platforms, ACE FX Does Not Adopt The Industry Standard MetaTrader4 And MetaTrader5 Platforms, But Instead Provides Traders With A Web-based Platform With Basic Functions For Placing Orders, Customizing Charts And Applying Technical Indicators. However, It Lacks More Advanced Features Compared To The Most Widely Used MT4 And MT5 Trading Platforms Worldwide.
Deposits And Withdrawals
ACE FX Says It Accepts Deposits And Withdrawals From Credit Cards Like Visa And MasterCard, However, The Only Payment Option Available Is Bitcoin. The Minimum Deposit Requirement Is $500. According To The Terms Of Its Official Website, Withdrawals Can Be Made 30 Days After The Deposit, But No More Specific Information Is Available.
Client Server
ACE FX Offers Customer Support Via Phone + 44 37 3700 0012 And Email Support@fxace.com. Traders Can Contact Customer Support For Assistance With Account Related Questions, Technical Issues And General Inquiries.
CONCLUSION
Overall, ACE FX Is A New Brokerage Offering A Web-based Trading Platform With Leverage Up To 1:20 On Forex, Stocks, Indices And Commodities And Competitive Spreads. However, ACE FX Is Not Regulated And Its Website Is Currently Not Functioning Properly, Which Affects Its Reliability And Transparency. It Is Highly Recommended To Avoid ACE FX And Choose A Regulated And Reputable Broker.
