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Ace Prime Capital

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Operating status: SCAM

Website: https://aceprimecap.com/

Broker violations and abnormal records
  • 2023-10-18 BrokersView has Reviewed that Ace Prime Capital is an Unregulated Broker

    According to its website, The Ace Prime Capital platform is advertised as being regulated by the Malta Financial Services Authority (MFSA) and provides investment and trading services in financial derivatives such as foreign exchange, precious metals, stocks, indices, energy, and cryptocurrencies. However, there is no matching information was found in the regulator.

    The truth is that Ace Prime Capital is not regulated by any regulator. Letting it hold or control investors' money is unsafe and the money can not be protected by any laws.

    Therefore, Ace Prime Capital is a scam.

    According to its website, The Ace Prime Capital platform is advertised as being regulated by the Malta Financial Services Authority (MFSA) and provides investment and trading services in financial derivatives such as foreign exchange, precious metals, stocks, indices, energy, and cryptocurrencies. However, there is no matching information was found in the regulator.The truth is that Ace Prime Capital is not regulated by any regulator. Letting it hold or control investors' money is unsafe and the money can not be protected by any laws.Therefore, Ace Prime Capital is a scam.

Related Complaints

Q&A

Is Ace Prime Capital a licensed broker?

Luciano Jethwa
Philippines
2023-11-09
ANSWER No, Ace Prime Capital appears to be an unlicensed forex broker.While it claims to be registered with the Malta Financial Service Authority (MFSA) under number IS/19836, our search for this company in the MFSA reveals a different story. Neither the company's name nor the license number exists in the MFSA register, indicating that the claim about its regulatory status is false.Therefore, Ace Prime Capital operates outside of the regulatory framework, making it dangerous for invetors. It poses significant risks of fraud and identity theft, which could be financially and personally devastating to traders. To minimize such risks on the trading journey, it is recommended to stay away from unlicensed brokers and choose fully regulated ones instead.
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