Wikilix
Ace logo

Ace

No Regulation
Malawi
,
Since 2014
Last Updated:
14/100
Overall Score

Trading Conditions

Min Deposit:
N/A
Max Leverage:
1
Account Types
DiamondGoldDiamond

User Reviews

—
Total Reviews
—
This Month
—
Avg Rating

Funding Methods

8 methods

Visa

credit card
Instant
Fee:
Free
Fee:
Free

Mastercard

credit card
Instant
Fee:
Free
Fee:
Free

American Express

credit card
Instant
Fee:
Free
Fee:
Free

Discover

credit card
Instant
Fee:
Free
Fee:
Free

JCB

credit card
Instant
Fee:
Free
Fee:
Free

UnionPay

credit card
Instant
Fee:
Free
Fee:
Free

PayPal

e wallet
Instant
Fee:
Free
Fee:
Free

Skrill

e wallet
Instant
Fee:
Free
Fee:
Free

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 0%, 2: License 0%, 3: Software 0%, 4: Spread 0%, 5: Account Type 14%, 6: Symbol 0%
Regulation
0%Poor
License
0%Poor
Software
0%Poor
Spread
0%Poor
Account Type
14%Poor
Symbol
0%Poor
No regulation
Your deposit is not protected by any financial authority.
What this means

Company Information

Full Name:Ace
Founded:2014
Headquarters:Malawi
Enterprise Offices:1offices

Customer Support

Phone:
+265 (0) 998 223 223
Live Chat:
business_hours
Response Time:
—
Languages:
English
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Editorial review
Updated

Broker Summary

What Wikilix has recorded about Ace: its history, the licences it holds, its trading conditions and its fees.

Introduction and Overview

Within the ever-changing field of financial trading, it is essential for both professional and amateur traders alike to select the most appropriate trading broker for their transactions. Ace is recognized as a trading broker and financial service provider that intends to create an avenue through which people can access multiple financial markets. Though very little is known concerning the aspects associated with Ace, this article will present an in-depth analysis.

It is important to understand the features, government regulation, market terms, and charges of a brokerage service such as Ace. This article will take an informed look at such aspects to shed light and provide information about what Ace signifies in the world of trading.

Background and History

There is very little information that can be found about the origins and history of Ace. Without access to comprehensive information on the establishment and development of Ace, it becomes rather difficult to piece together a full historical perspective of it. Brokers like Ace, however, tend to find a place as a response to the ever-rising demand for convenient trading solutions.

Though there is nothing much to understand in terms of historical background, it may be safely assumed that Ace functions in the competitive financial services industry in order to provide credible trade solutions in accordance with industry requirements.

Key Features & Offerings

Although not much detail exists about characteristics specific to Ace, a category that this broker falls into would ideally include varied instruments for trading such as Forex, commodities, indices, and perhaps cryptocurrencies as well. A trading platform would probably be offered for a smooth flow of trading operations, analysis facilities for the purpose of decision-making, and up-to-date market data delivery as well.

Additionally, the brokers will also emphasize other important features, like user-friendly interfaces, educational material, and customer service, to improve the trading experience. While the specifics of what Ace provides are unknown, these are accepted aspects of a good broker.

Regulatory Compliance And Licensing

Regulatory supervision is an essential component in determining the credibility and safety associated with a trade broker. This is because it helps in establishing whether the broker is licensed by the relevant market regulation authority. Unfortunately, there is no information accessible on the regulatory licenses possessed by Ace.

It is advised that all traders exercise prudence and verify with Ace or appropriate authority before carrying out trading activities to safeguard their investments according to appropriate regulations.

Regulator

License Number

Status

Limited information available

Limited information available

Few details available

Trading Conditions and Technology of the Trading Platform

Trading conditions such as spreads, leverage, and minimum deposit details are very important for traders to learn about the exact cost and risks involved with their trades. Unfortunately, specific information about Ace’s trading conditions is not available publicly.

Also, information concerning the support for trade platforms by Ace, including the availability of proprietary platforms as well as the support for trade platforms such as MetaTrader, is not documented. Usually, trade platforms come with features such as charting packages, trade management, among others, to support different trader needs.

Trading Condition

Description

Spreads

Few Details Available

Leverage

Limited information available

Minimum Deposit

Few details available

Technology

Platforms

No data available

Fee Structure

================

Knowledge about the fee system is critical for traders in making a cost-effectiveness analysis of a broker. Fees can consist of commissions, spreads, deposits/withdrawal charges, in addition to inactivity fees. Regrettably, Ace does not reveal information about his charges.

In general, the aim of brokers is to ensure that charges are competitive in order to entice as well as retain customers; however, in the absence of specific information regarding Ace, it is not possible to provide a comprehensive costing.

Fee Type

Description

Deposit Fees

Data is limited

ATM Charges

Limited information available

Commission

Limited data available

Conclusion

Ace is an online trading broker in the financial services industry; however, limited information exists on it to form an accurate assessment regarding its services and reputation. Caution is advised by prospective traders to inquire directly about their services in order to ensure accuracy regarding their trading terms and fees. Although this article provides a structured overview based on existing knowledge, it is recommended for further investigation and direct interaction with Ace in order to ensure a safe and informed trading platform.

Regulation check

Regulatory Licenses

We have not confirmed any regulation for Ace. Money deposited with an unregulated broker is protected only by the company itself.

No regulation

Trading with an unregulated broker puts your deposit at risk.

No regulation

We have not confirmed any regulation for Ace. An unregulated broker is not supervised by a financial authority, and money you deposit is protected only by the company itself.

What this means for you

  • No compensation scheme covers your funds.
  • No regulator to escalate a complaint to.
  • No audit of how client money is held.
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Trading accounts
Updated

Account Types

3 account types on record. Minimum deposit from USD 500. Leverage up to 1:1.

3 account types
AccountMin DepositLeverageCommission
DiamondVIPUSD 5001:1Not specified
GoldVIPUSD 5,0001:1Not specified
DiamondVIPUSD 100,0001:1Not specified
Account names and conditions as published by Ace, recorded by Wikilix.
Deposits & withdrawals

Funding Methods

21 ways to fund an account. 15 with no deposit fee. 18 credit instantly.

21 methods
MethodDeposit feeWithdrawal feeMin depositWithdrawal min / maxProcessing
VisaCredit Card1FreeFreeUSD 10USD 10USD 50,000Instant
MastercardCredit Card1FreeFreeUSD 10USD 10USD 50,000Instant
American ExpressCredit Card1FreeFreeUSD 10USD 10USD 50,000Instant
DiscoverCredit Card1FreeFreeUSD 10USD 10USD 50,000Instant
JCBCredit Card1FreeFreeUSD 10USD 10USD 50,000Instant
UnionPayCredit Card1FreeFreeUSD 10USD 10USD 50,000Instant
PayPalE-Wallet2FreeFreeUSD 10USD 10USD 50,000Instant
SkrillE-Wallet2FreeFreeUSD 10USD 10USD 50,000Instant
NetellerE-Wallet2FreeFreeUSD 10USD 10USD 50,000Instant
Perfect MoneyE-Wallet2FreeFreeUSD 10USD 10USD 50,000Instant
WebMoneyE-Wallet2FreeFreeUSD 10USD 10USD 50,000Instant
AdvCashE-Wallet2FreeFreeUSD 10USD 10USD 50,000Instant
Wire TransferBank Transfer3FreeFreeUSD 100USD 100USD 50,0003 days
SEPA TransferBank Transfer3FreeFreeUSD 100USD 100USD 50,0003 days
ACH TransferBank Transfer3FreeFreeUSD 100USD 100USD 50,0003 days
BitcoinCryptocurrency4Not recordedNot recordedUSD 50USD 50USD 50,000Instant
EthereumCryptocurrency4Not recordedNot recordedUSD 50USD 50USD 50,000Instant
LitecoinCryptocurrency4Not recordedNot recordedUSD 50USD 50USD 50,000Instant
TetherCryptocurrency4Not recordedNot recordedUSD 50USD 50USD 50,000Instant
USD CoinCryptocurrency4Not recordedNot recordedUSD 50USD 50USD 50,000Instant
CardanoCryptocurrency4Not recordedNot recordedUSD 50USD 50USD 50,000Instant

Broker's notes on these methods

  1. Deposits are processed instantly if no additional verification is required. Available globally, subject to card issuer approval. · applies to 6 methods
  2. Deposits are processed instantly if no additional verification is required. Available globally, subject to e-wallet provider terms. · applies to 6 methods
  3. Deposits may take up to 3 business days to process and verify. Available globally, subject to bank processing times. · applies to 3 methods
  4. Deposits are instant; withdrawals within 1 hour. Network fees apply. · applies to 6 methods
Fees, limits and processing times as published by Ace, recorded by Wikilix.
Legal entities

Corporate Network

One legal entity behind the Ace brand.

1 entity
  • ACEActiveFranceRegistration 333191641Established Sep 1, 1985
Entities named in the broker's own documents and company registers, recorded by Wikilix.
Frequently Asked Questions

Frequently Asked Questions

Common questions about Ace

Most Popular Questions
Ace provides customer support via live chat during business hours and email support at ace@aceafrica.org. Phone support is available internationally at +265 (0) 998 223 223. Support is offered in English.
Ace does not charge commissions on trades. Deposit and withdrawal fees are generally zero for supported payment methods, but network fees may apply for cryptocurrency transactions. Minimum deposit amounts vary by payment type.
Ace offers a maximum leverage of 1, which is relatively low compared to many other brokers. This means traders can only trade with the amount of their own capital without significant borrowing.
Ace supports multiple deposit and withdrawal methods including major credit cards like Visa, Mastercard, and American Express, as well as e-wallets such as PayPal, Skrill, and Neteller. Bank transfers and cryptocurrencies like Bitcoin and Ethereum are also accepted. Deposits are generally processed instantly, while bank transfers may take up to 3 business days.
broker does not hold any regulatory licenses. It is classified as having no regulation, which means it may not be subject to oversight by financial authorities. Users should consider this when evaluating safety.
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