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Ace FX

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Operating status: SCAM

Website: https://fxace.com/

Broker violations and abnormal records
  • 2022-04-01 BrokersView has reviewed that Ace FX is an unregulated forex broker

    At first, Ace FX has no regulation when you view its home page. 

    Then, when you click “Group” on its top page, Ace FX seems to have connections with a legit broker named First Prudential Markets Ltd or FP Markets - The firm shows the same regulations as FP Markets. 

    However, if you check the "same regulations" information on FP Markets, you will get the message that the two companies have no relationship. That is to say: the licenses Ace FX claimed is a totally lie. Ace FX is attempting to confuse traders and attract them by choosing its misleading licenses–a popular scam tactic known as firm cloning. Therefore, we can conclude that Ace FX is a scam.

    At first, Ace FX has no regulation when you view its home page. Then, when you click “Group” on its top page, Ace FX seems to have connections with a legit broker named First Prudential Markets Ltd or FP Markets - The firm shows the same regulations as FP Markets. However, if you check the "same regulations" information on FP Markets, you will get the message that the two companies have no relationship. That is to say: the licenses Ace FX claimed is a totally lie. Ace FX is attempting to confuse traders and attract them by choosing its misleading licenses–a popular scam tactic known as firm cloning. Therefore, we can conclude that Ace FX is a scam.
  • 2022-08-25 BrokersView has found that Ace FX is not working

    On 26 Aug 2022, BrokersView found the domain https://fxace.com/ is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.


    On 26 Aug 2022, BrokersView found the domain https://fxace.com/ is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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