AceForex(or AceFX) is a Forex, CFDs, Commodities and Binary Option broker founded in 2014. Its headquarter is registered in New Zealand, and currently Not regulated by any Financial Regulations.
The broker used to be registered its business in FSPR in NZ though, the online registration has been eliminated on March, 2016.
And now AceForex is now registered with FSA in St. Vincent and the Grenadines since July 2016.
AceForex Ltd is owned by Asian management team and has also registered offices located in Miami in U.S and Macau in Asia. The company has a registered office in Miami in U.S.A.
The broker is not regulated, but it has been a popular choice among traders looking for below advantages:
No Trading Restrictions(Scalping, EAs, News time trading allowed)
Tight spread from 0.6 pips by depositing more than 50,000 USD
Kind and Human customer support
After all of these troubles with regulated brokers especially in Europe, “Regulated” might not mean a lot for traders anymore. AceForex isn’t regulated but the broker has been receiving positive reviews for these years.
The main “Trading Conditions” of AceForex are:
- Variable Spread from 0.6 pips minimum spread
- Maximum Leverage up to 1:500
- Binary Options is also available
- Minimum $50 of Deposit Required
Recommended to traders looking for:
Tight spread(trading commissions) and the Cash Back program run by AceForex directly
Not recommended to traders looking for:
A broker with financial license or Bonus Promotions