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Ace Forex review

Ace Forex review: regulation (FSPR Number # FSP338006), minimum deposit 50, leverage up to 1:500, platforms and current bonuses.

3.5of 5
Open account
Minimum deposit50
Max. leverage1:500
Spread from1 Pips
Founded2014

Trading conditions

Broker type
ECN /STP
Minimum deposit
50
Maximum leverage
1:500
Minimum spread
1 Pips
Platforms
MetaTrader4 (MT4)
Account currencies
USD, EUR & More

Bonuses

No deposit bonus
No
Welcome bonus
Yes
Other promotions
Yes

Accounts and features

Demo account
Yes
Islamic account
Yes
Swap-free
Yes
Mini account
Yes
VIP account
Yes
Managed account
Yes
Segregated funds
No
Hedging and scalping
Yes
News trading
Yes
Mobile trading
Yes
Web trading
No

Deposits and withdrawals

Deposit methods
Bank wire, credit card, debit card, Neteller, Skrill
Withdrawal methods
Bank wire, credit card, debit card, Neteller, Skrill

Company

Regulation
FSPR Number # FSP338006
Founded
2014
Country
New Zealand
Address
Level 31. 48 Shortland Street, Vero Center,Auckland, 1010, New Zealand
Website languages
English
Phone
+64(9)356-2558
Email or Skype
[email protected]

Ace Forex pros and cons

Pros

  • Regulated by FSPR Number # FSP338006
  • Low minimum deposit: 50
  • Scalping and hedging allowed
  • Swap-free Islamic accounts available
  • Free demo account
  • Trading platforms: MetaTrader4 (MT4)

Cons

  • No no-deposit bonus at the moment
  • Leverage up to 1:500 magnifies losses as well as profits
  • Conditions and bonuses can differ by regulated entity

Ace Forex FAQ

Is Ace Forex a safe and regulated broker?

Ace Forex was founded in 2014 and is regulated by FSPR Number # FSP338006. Your protection depends on which Ace Forex entity opens your account.

What is the minimum deposit at Ace Forex?

The minimum deposit at Ace Forex is 50. Payment providers may set their own minimum amount.

What is the maximum leverage at Ace Forex?

Ace Forex offers leverage up to 1:500. Regulators in the EU, UK and Australia cap retail leverage lower, usually at 1:30 on major forex pairs.

Does Ace Forex offer a no deposit bonus?

No. Ace Forex does not currently offer a no deposit bonus. It offers a welcome promotion: Yes. See our forex no deposit bonus list for brokers that do.

Which trading platforms does Ace Forex offer?

Ace Forex supports MetaTrader4 (MT4). Mobile trading is available.

Does Ace Forex allow scalping, hedging and news trading?

Yes. Scalping and hedging are allowed, and news trading is allowed.

Does Ace Forex offer an Islamic (swap-free) account?

Yes. Ace Forex offers swap-free Islamic accounts with no overnight swap charges.

Risk warning: Forex and CFD trading on margin carries a high level of risk and may not be suitable for all investors. Bonus offers are provided by third-party brokers and can change at any time.

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Ace Forex – NoOpen account