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Ace Forex

Regulatory Status

Not Regulated

Regulation & License

No Regulatory Information

Regulatory Information: No valid regulatory information found. Proceed with caution.

Score

2.02 /10

Regulation

2.69

Tech

4.61

Reputation

2.94

Business

6.98

Risk Control

2.89

How is the TrustScore calculated?

Ace Forex Comprehensive Review

Ace Forex exhibits overall weak performance, not recommended for risk-sensitive investors, with a composite score of 1.59, a status of Not Regulated with no disclosed forex trading license, and its operational region is flagged as suspicious, warranting significant due diligence before considering any engagement. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information. Please verify all entity details independently before trading. (Updated: 2026-06-20)

Regulatory Standing And Safety Assessment
Ace Forex operates with a severe risk warning as it is not under the oversight of any recognized financial regulator. The broker lacks any form of forex trading license, which is a critical safety red flag. It is listed as operating from a suspicious region, South Korea. Without regulatory supervision, there are no formal protections for client funds or mechanisms for dispute resolution. Traders are strongly advised to verify any claimed credentials directly with official regulator websites before considering engagement.
Safety Score Breakdown For Ace Forex
Ace Forex holds a composite score of 1.59, with a regulatory rating of 0.0, risk control rating of 0.0, software rating of 4.0, business rating of 7.58, and license rating of 0.0. This score aggregates key operational dimensions for the broker. The regulatory, license, and risk control scores highlight a severe lack of credible oversight, a primary concern for traders. While the software score indicates some platform functionality, and the business score reflects operational scale, these positive aspects are overshadowed by the fundamental regulatory deficiencies. Traders should carefully weigh these dimensions, prioritizing regulatory safety, before making any engagement decisions.
Ace Forex Operating Background And Terms
Ace Forex operates from South Korea with 5-10 years of market presence, sets a modest minimum deposit threshold, and provides MetaTrader platform access. The broker, also registered as ACEFX LIMITED, has established a notable multi-year history. Its operational scope includes forex, CFDs, and binary options, accessible through three main account types. The Micro account offers an entry point from USD 50, while V.I.P and Standard accounts have higher entry requirements of USD 50,000 and USD 10,000 respectively. All accounts support flexible trading strategies including scalping and automated trading, and utilize the widely-recognized MetaTrader software suite. The available leverage ranges up to 1:500 on certain accounts, and spreads start from 0.6 pips.
Trading Environment and Account Structure
Ace Forex offers three live account types for retail traders but does not hold any forex trading licenses. The broker provides the Micro, Standard, and V.I.P accounts, which support trading in forex, CFDs, and binary options. The average execution speed, server count, and trading environment grade are not currently disclosed. Leverage varies by account, reaching up to 1:500 for the Micro account. All account types allow scalping, hedging, and the use of Expert Advisors, with minimum deposits ranging from USD 50 to USD 50,000.
Forex And CFD Product Coverage
Ace Forex provides trading access across forex, CFDs, and binary options via three distinct account types. The broker offers variable spreads, high leverage up to 1:500, and flexible account minimums from USD 50 to USD 50000. Specific instrument lists and total product counts are not currently disclosed. Traders should verify the broker's specific asset coverage aligns with their individual strategies and requirements.

Ace Forex Regulation & License

No Regulatory Information

Note: The above regulatory information is sourced from the official Ace Forex website.

Basic Information

Registered Region
South Korea
Operating Period
5-10 years
Company Name
ACEFX LIMITED

Customer Service Email Address
support@acefx24.com
Contact Number
+82 25017570
Company Website
http://acefx24.com/

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Frequently Asked Questions About Ace Forex

Is Ace Forex a regulated forex broker?
Ace Forex is not a regulated broker. It operates with a status of 'Not Regulated' and no forex trading license is found. The broker is registered as ACEFX LIMITED and operates from South Korea, which is flagged as a Suspicious Operational Region. The absence of formal oversight from any recognized financial authority is a critical safety concern. You should verify this lack of regulation independently before considering any trading engagement.

Is Ace Forex safe to trade with based on WikiFX data?
Ace Forex presents a significant safety concern. Its composite safety score is 1.59. Its regulatory, risk control, and license sub-scores are all 0.0. While its business operations score is 7.58 and software score is 4.0, these do not compensate for the fundamental lack of credible oversight. The broker holds no license and operates from a suspicious region without supervision. For risk-sensitive traders, these factors strongly suggest a high-risk profile requiring extreme caution.

Is the entry threshold of Ace Forex high?
Ace Forex offers a flexible entry threshold catering to different capital levels. Its Micro account requires a minimum deposit of USD 50, providing a low entry point. The Standard account demands USD 10,000, and the V.I.P account requires USD 50,000. While minimum deposits are clearly stated, other trading costs such as commissions are not publicly disclosed. Traders should consider if these specific capital commitments align with their financial strategy alongside the associated risks of the broker.

What leverage can traders use with Ace Forex?
Ace Forex offers varying leverage depending on the account type. The Micro account provides the highest leverage at 1:500. The Standard and V.I.P accounts offer leverage up to 1:100. High leverage can significantly amplify both potential profits and losses, increasing trading risk. It is crucial to understand that using such high leverage, especially with an unregulated broker, carries substantial financial danger. Traders must assess their personal risk tolerance carefully before utilizing these leverage levels.

Can I use EA or automated trading with Ace Forex?
All of Ace Forex's listed account types—Micro, Standard, and V.I.P—allow the use of Expert Advisors (EAs), as indicated by the 'allowEA' setting. This means automated trading strategies can be implemented on its platform. However, the specific trading software and platform capabilities are not currently publicly disclosed. To ensure compatibility with your automated systems, you must verify the technical specifications and available software directly with Ace Forex before opening an account.