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Ace

Malawi | 5-10 years |
Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

http://www.aceafrica.org/index.php

Website

Rating Index

Influence

Influence

D

Influence index NO.1

South Africa 2.45
Surpassed 15.40% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

+265 (0) 998 223 223
ace@aceafrica.org
http://www.aceafrica.org/index.php
Kanengo Light Industrial , Area 28 Lilongwe 4, PO Box 40139

Licenses

No valid regulatory information, please be aware of the risk!

Warning: Low score, please stay away!
2025-09-01
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
2

Basic Information

Registered Region
Malawi
Operating Period
5-10 years
Company Name
Ace
Customer Service Email Address
ace@aceafrica.org
Contact Number
+2650998223223
Biz Area
Website
Company Summary
Wiki Q&A
Comment

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Official website

Website

aceafrica.org
94.231.103.186
Server Location
Denmark
ICP registration
--
Most visited countries/areas
--
Domain Effective Date
--
Website
--
Company
--

Company Summary

Ace Review Summary
Founded 1997
Registered Country/RegionMalawi
RegulationNo regulation
Market InstrumentsStocks, Commodities, Agriculture
Demo Account/
Trading PlatformWebTrader
Minimum Deposit/
Customer SupportContact Form
Tel: + 265(0)998 223 223
Email: ace@aceafrica.org
Social media: X, Facebook, LinkedIn, YouTube
Address: Kanengo Light Industrial , Area 28 Lilongwe 4, P.O. Box 40139

Ace Information

Ace is a Malawi-based broker founded in 1997, which is unregulated. It offers trading in Stocks, Commodities, and Agriculture on WebTrader platform.

Ace's homepage

Pros and Cons

Pros Cons
Long historyUnregulated status
Various trading assestsLimited info on trading conditions
No MT4/MT5
No info on deposit and withdrawal

Is Ace Legit?

No. Ace currently has no valid regulations. Please be aware of the risk!

No license

What Can I Trade on Ace?

Tradable Instruments Supported
Stocks
Commodities
Agriculture
Forex
Indices
Cryptocurrencies
Bonds
Options
ETFs
Futures
What Can I Trade on Ace?

Trading Platform

Trading PlatformSupported Available Devices Suitable for
WebTraderWeb, Windows, MacOs/
MT4/Beginners
MT5/Experienced traders

Keywords

  • 5-10 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk

Wiki Q&A

Ahmed Harb
Within 1 year

Is Ace a safe and legitimate choice for trading?

WikiFX Reply
While Ace has been around for a long time since 1997, its unregulated status raises significant concerns about its legitimacy. Ace trading without any regulatory oversight exposes me to greater risk. A regulated broker gives traders peace of mind that their funds are protected and that the broker adheres to ethical standards. Since Ace lacks regulation, there’s no external authority to hold it accountable if anything goes wrong. This makes me question whether Ace is a legitimate choice for trading, especially if I want to ensure the safety of my ace forex funds.
Broker Issues
Ace
Regulation
06-25
United States
Sam35
Within 1 year

What are the advantages and drawbacks of Ace in terms of regulation?

WikiFX Reply
The long history of Ace, operating since 1997, could be seen as a positive, suggesting that it has experience in the market. Furthermore, Ace offers access to stocks, commodities, and agriculture markets, which might appeal to traders who are focused on these sectors. However, the unregulated status is a major drawback. For me, it’s crucial to trade with a regulated broker to ensure the protection of my funds and fair treatment. Without such oversight, Ace leaves me exposed to unnecessary risks.
Broker Issues
Ace
Regulation
04-29
United States
Дмитрий
Within 1 year

Does Ace have any cons?

WikiFX Reply
Ace’s unregulated status is its most significant con. Without regulation, there’s no external body ensuring that Ace follows industry standards or provides proper protection for traders. This increases the risks involved in ace forex trading and makes it more difficult for me to trust the platform. Additionally, the lack of transparency on trading conditions, such as spreads, fees, and leverage, makes me unsure whether I would get fair trading terms with Ace.
Broker Issues
Ace
Regulation
04-22
United States
WoodCrusher
Within 1 year

What trading instruments are available on Ace?

WikiFX Reply
Ace offers a limited selection of trading instruments, focusing mainly on stocks, commodities, and agriculture. While this could be appealing for those interested in these specific markets, it lacks other popular instruments like forex, cryptocurrencies, or indices. As a trader who prefers to trade across a broad range of assets, I find Ace’s offerings a bit narrow. However, if you specialize in metals or agriculture, Ace might still be a good fit.
Broker Issues
Ace
Instruments
Platform
Leverage
Account
03-10
United States
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