Risk scorecard
Each area is scored 0 (clean) to 10 (worst). Higher means more risk.
Regulation
9/10 · CriticalNo licence in any jurisdiction while taking client deposits: the Financial Services Register holds no authorisation for ACE FOREX LIMITED and the firm names no regulator of its own.
Identity & transparency
8/10 · CriticalA real registry entry, matching address and one named director are genuine disclosure, but the substance is a GBP 1 dormant shell under strike-off whose own page places it in both Bradford and Vienna.
Withdrawals & conduct
3/10 · LowNo fund integrity complaint could be tied to this domain on any platform; the low score reflects an almost absent customer trace rather than a demonstrated record of paying clients.
Reputation
7/10 · HighNo genuine review footprint anywhere, no Trustpilot profile and zero reviews on the review site that lists the domain, while the only praise is manufactured testimonials on its own homepage.
Website claims
10/10 · CriticalAdvertises fixed returns of 25% per hour and 95% per day, implies European regulation and a Vienna head office it does not have, and carries fabricated client testimonials.
Operational history
6/10 · HighThree and a half years of website life, but no evidenced trading history at all: the company declared itself dormant for every year it filed, then stopped filing in June 2024.
Who they are
A quick desk file on the company behind the brand.
- Brand: Ace, trading as ACE FOREX LIMITED
- Legal entity: ACE FOREX LIMITED, UK company number 12219894, incorporated 21 September 2019, share capital GBP 1
- Registered: Office 9, Second Floor, Tradeforce Building, Cornwall Place, Bradford, England, BD8 7JT
- Company status: Active, with an active proposal to strike off; accounts and confirmation statement both overdue
- Website: acefxltd.com, with a client portal at account.acefxltd.com. The domain was registered on 23 March 2023 through a Nigerian registrar
- Only licence: none. No regulator, no licence number, no register entry anywhere
- Offers: fixed-return investment plans across crypto, stocks and metals from a $500 minimum, described in its own words as trust management of finances on cryptocurrency exchanges
- Deposits: Bitcoin, Ethereum and USDT (TRC20) only
- Director: one officer on the register, Adam Khan, appointed 21 September 2019
- Age claim: the site advertises no founding year and its footer is dated 2023, yet testimonials on the same page claim years of use
Regulation
Who really oversees this broker, and what each licence is worth to you.
Proof of regulation on an official register: No
We could not confirm this broker on any genuine regulator’s register.
Licences the broker publishes
European regulators (unnamed), via a claimed Vienna head office
Why we reached this verdict
How the evidence adds up.
Each of the points below rests on a primary document, and together they describe an operation that cannot do what it advertises.
- The returns are impossible. The homepage sells three plans: $500 to $3,000 at 25% per hour for 48 hours, $5,000 upward at 75% per day for 14 days, and a third at 95% per day for 20 days. Compounded even once, the first plan would multiply a deposit many times over in two days. The third plan also lists a maximum deposit of $50,000 beneath a minimum of $100,000, so the products contradict themselves.
- There is no licence, and the firm implies one it does not hold. The Financial Services Register returns no authorisation for ACE FOREX LIMITED under any spelling, and the FCA website holds no record of acefxltd. Yet a testimonial carousel on the firm's own homepage tells visitors the company is headquartered in Vienna and therefore has to comply with European regulators, while the footer of that same page gives the Bradford address. Both statements cannot be true, and neither a UK nor an Austrian authorisation exists.
- The company says it was dormant. Dormant accounts are a statutory declaration that a company had no significant transactions in the year. ACE FOREX LIMITED filed dormant accounts for the years to 30 September 2020, 2021, 2022 and 2023, the last of them in June 2024. The website was live and advertising paid plans from March 2023. Either the advertised business never existed inside this company, or client money moved outside its books. Neither reading is good for a depositor.
- The corporate shell is lapsing. Companies House received a first Gazette notice for compulsory strike-off in December 2023 and a second in December 2024, and the company has filed no accounts or confirmation statement since. A firm inviting six-figure deposits is letting its only legal identity expire.
- The payment route is one way. Deposits are accepted only in Bitcoin, Ethereum and USDT on TRC20, paid into the client portal. There is no card or bank rail, so there is nothing to charge back and no regulated payment firm in the chain.
- The social proof is manufactured. The testimonials are attributed to investors with placeholder names and claim that writers had been users for many years, on a domain that was under a year old when the page was captured in March 2024.
On our scoring the weighted dimensions give 75%, which also clears the floor our method applies when three or more strong findings stand unrebutted. We stop short of calling this confirmed: no regulator has published a warning naming acefxltd.com, no enforcement action names this company, and we found no client who says money was taken. The verdict rests on documents, not on victims.
Evidence ledger
Every finding, with its source and how strongly it points.
E1The Financial Services Register returns no authorised firm for ACE FOREX LIMITED, and the FCA website holds no record of acefxltd. The company is a UK entity classified as financial intermediation and soliciting public investment, so authorisation would be required.
E2Companies House filing history records dormant company accounts for the years to 30 September 2020, 2021, 2022 and 2023, the last filed in June 2024. Dormant accounts declare that the company had no significant transactions, yet the website was advertising paid investment plans throughout the 2023 period.
E3The firm's own homepage sells three plans: minimum $500 and maximum $3,000 at an ROI of 25% per hour for 48 hours; minimum $5,000 at 75% per day for 14 days; and minimum $100,000 at 95% per day for 20 days. Returns of that size do not exist in any market.
E4A testimonial on the firm's own homepage states that ACE FOREX LIMITED is headquartered in Vienna and therefore has to comply with European regulators, and another praises its adherence to European regulations. The footer of the same page gives a Bradford, England address, and no UK or EU authorisation exists for the company.
E5Deposits are accepted only in Bitcoin, Ethereum and USDT on TRC20, routed to the client portal at account.acefxltd.com. There is no card or bank payment rail, so a client has no way to reverse a payment and no regulated payment firm sits in the chain.
E6The company record shows status Active with an active proposal to strike off, accounts overdue since 30 June 2025 and a confirmation statement overdue since 4 October 2024. Share capital at incorporation was GBP 1. Gazette notices for compulsory strike-off were issued in December 2023 and December 2024.
E7The homepage testimonials are attributed to investors with placeholder names and state that the writers had been users for many years. The domain was registered in March 2023 and the page was captured in March 2024, so no client could have used it for years.
E8The advertised Diamond plan lists a maximum deposit of $50,000 below its own minimum of $100,000, so the published product contradicts itself.
E9The domain acefxltd.com was registered on 23 March 2023 and expires in March 2027, through the registrar GO54 Limited, on nameservers at beak.host. The website is therefore about three and a half years old, far younger than the 2019 company.
E10Domain ownership records for acefxltd.com list the registrant as Aim Growth, organisation World Arena, in Abuja, Nigeria, with a free webmail contact address, against a website that presents itself as a UK and European financial institution. Hosting is in the United Kingdom on a shared server.
E11The platform has no genuine customer footprint. The review site that lists the domain records zero reviews and no claimed business account, and no complaint or payout report on any platform can be tied to acefxltd.com.
ModerateReview listing for acefxltd.comE12ACE FOREX LIMITED is a genuinely incorporated UK company, on the register since 21 September 2019, with one named director, Adam Khan, British, resident in England, appointed at incorporation and never resigned. The registered office matches the address printed on the website.
E13The FCA warning for ACE FX AND FINANCE, first published 18 February 2022, names the website acefxandfinance.com and an address in Berlin, Germany. It is a different operation and its findings are not attributed to this broker. No warning naming acefxltd.com was found on any regulator list.
E14A search of the FCA website for acefxltd returns no results, so there is no published enforcement action, warning or supervisory notice naming this firm or its domain.
ModerateFCA website search
The other side
The strongest case in this broker’s favour.
The case against this operation is strong but not complete, and the points below genuinely cut the other way.
- The company is real and the address checks out. ACE FOREX LIMITED exists on the UK register, has done since 2019, and the registered office on Companies House matches the address shown in the website's footer. Many outright fakes do not bother with any of that.
- There is a named, accountable director. One officer, Adam Khan, is on the public record with a British nationality and England as his country of residence. That is a real person attached to a real filing history, not a nominee screen of dozens of appointments.
- No regulator has warned about this domain. The FCA register, the FCA warning list and the aggregated international alerts were all searched. Nothing names acefxltd.com or ACE FOREX LIMITED. Absence from the lists is not clearance, because lists lag, but it is a real gap in our case.
- No client has publicly reported losing money here. We found no complaint tied to this domain on any platform, so there is no evidence of a specific person who deposited and was refused. We are judging the design of the offer, not a proven loss.
- Most of the bad press online belongs to other firms. Several unrelated operations share this brand word: acefxandfinance.com, which the FCA warned about in February 2022 from a Berlin address, acefxpro.com, which attracts heavy withdrawal complaints from clients in India, and acefx.com, a separate New York company. None of their findings belong to this operation and we have excluded all of them.
- Dormant filings have innocent explanations. A company can file dormant accounts because trading sits in a different entity, or because an accountant filed the wrong form. We think that is unlikely here given the strike-off notices and the stalled filings, but we cannot disprove it.
What would change this
What we would need to see to revise the verdict.
We would revise this assessment on any of the following.
- An authorisation for ACE FOREX LIMITED, company number 12219894, appearing on the Financial Services Register or on an EU regulator's register with permission to hold client money. That would move the verdict materially.
- Removal of the advertised fixed-return plans, replaced by honest risk disclosure. The 25% per hour claim is the single most damaging thing on the site, and withdrawing it would change the character of the offer.
- Filed, non-dormant accounts showing a real trading business with client money properly accounted for, plus a cleared strike-off.
- Independent, checkable evidence of clients being paid out: withdrawal confirmations with dates and amounts, on platforms where the reviewer has a history.
- A credible explanation, backed by documents, of which licensed entity actually holds client funds and in which country, since the site currently points at both Bradford and Vienna.
- In the other direction, a regulator warning naming acefxltd.com, or a first-hand report of a deposit taken and a withdrawal refused, would push this to a confirmed scam.
Check it yourself
Official registers and warning lists. Verify every claim first-hand.
Companies House: ACE FOREX LIMITED (12219894)
The official company record, showing the Bradford address and the active proposal to strike off.
Companies House: filing history
Shows dormant company accounts for every year filed, and the strike-off notices.
Companies House: officers
The single named director on the public record.
FCA Financial Services Register: search for ACE FOREX LIMITED
Returns no authorised firm, which is how you confirm the company is not FCA regulated.
FCA Warning List of unauthorised firms
Check any firm here before paying money to it.
Frequently asked questions
Quick answers about this broker’s safety.
Is Ace (acefxltd.com) a scam?
On the evidence we hold, we rate it a likely scam at 75%. It advertises fixed returns of 25% per hour, holds no financial licence anywhere, and the UK company behind it has declared itself dormant in every set of accounts it has filed. We would not put money into it.
Is Ace a fraud?
We assess the risk of fraud as high, but we should be precise: no regulator has published a warning about acefxltd.com and no court or enforcement action names ACE FOREX LIMITED. What we can document is an operation promising impossible returns with no licence and a dormant company behind it. That is our assessment, not a legal finding.
Is Ace regulated?
No. The Financial Services Register holds no authorisation for ACE FOREX LIMITED, and the firm names no regulator or licence number of its own. Being registered at Companies House is not regulation: it only means a company was formed, and anyone can form one.
Can I withdraw my money from Ace?
We found no verified account of anyone successfully withdrawing, and no complaint either, because the platform has almost no customer trace. Since deposits are taken only in crypto, there is no card or bank route to reverse a payment if a withdrawal is refused.
Is my money safe with Ace?
No. Because the firm is not authorised, the Financial Services Compensation Scheme does not cover it and the Financial Ombudsman Service cannot take your complaint. There is no segregation of client funds that we could verify and no regulator supervising where the money goes.
Who owns Ace?
The trading name belongs to ACE FOREX LIMITED, UK company number 12219894, registered in Bradford, England, with one director on the public record, Adam Khan, appointed at incorporation in September 2019. The website names no management team.
How old is Ace?
The company was incorporated on 21 September 2019, but the website domain was only registered on 23 March 2023, so the platform has been operating for about three and a half years. The company filed dormant accounts, meaning no trading activity, for every year up to 30 September 2023.
Are the 25% per hour returns real?
No. The plan page advertises 25% per hour over 48 hours, 75% per day and 95% per day. Returns like that do not exist in any market. A guaranteed fixed daily or hourly percentage is the defining signature of a high-yield investment scheme that pays early joiners from later deposits until it stops paying anyone.
Is Ace the same company the FCA warned about?
No, and this matters. The FCA warning for ACE FX AND FINANCE names the website acefxandfinance.com and an address in Berlin, Germany. That is a different operation. Complaints about acefxpro.com and the New York company behind acefx.com are also separate. They are not part of this review.
Why is Ace being struck off the UK company register?
Companies House issued a first Gazette notice for compulsory strike-off in December 2023 and again in December 2024, because the company stopped filing. Its accounts have been overdue since June 2025 and its confirmation statement since October 2024. A company inviting deposits while letting its registration lapse is a serious warning sign.
What should I check before depositing with any broker?
Search the regulator's own register for the exact company name and licence number, not the brand. Confirm the register lists the same website you are on. Check that the company's filings at its corporate registry show a real trading business. Be wary of any fixed promised return, and of any platform that takes only crypto.
I was asked to pay a fee to release my withdrawal. What do I do?
Do not pay it. A demand for tax, commission, a wallet fee or a verification payment before funds are released is the advance fee pattern, and paying it almost never produces a withdrawal. Keep all records, stop sending money, and report it to the police in your country and to Action Fraud in the UK.
What are the alternatives to an unlicensed platform like this?
Use a broker authorised by a regulator in your own country, so that you have an ombudsman and, where it applies, a compensation scheme behind you. Verify the authorisation on the regulator's own register rather than trusting badges printed on a website.
What we recommend
The practical takeaway from everything above.
Our advice to anyone looking at this platform.
- Do not deposit. A promise of 25% per hour is not an investment product. Treat any money sent as money you will not see again.
- Do not send crypto to unlock a balance. If you are asked for a tax, a fee, a wallet charge or a verification payment before a withdrawal is released, that is a second attempt on your money, not a step in a process. Stop and do not pay it.
- If you have already paid in, stop depositing, screenshot your account, your plan and every transaction, and keep the wallet addresses you sent to. Report it to the police in your country, and in the UK to Action Fraud. Report the firm to the FCA, since it is a UK-registered company soliciting investment without authorisation.
- Check the register yourself before trusting any firm with money. The two links we used are below and both take seconds.
- Ignore recovery offers. People who lost money to schemes like this are routinely approached by services promising to get it back for a fee. Those are a second scam.
This is an independent assessment of risk, not a legal ruling. Scores and verdicts follow the Wikilix broker-safety methodology and can change as new evidence appears. Review scores are treated with caution when a broker’s reviews look manipulated. Last reviewed October 16, 2026. If any detail here is out of date or incorrect, or you represent this broker, please contact us.
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