Ace Forex Review: Regulation, Spreads & Leverage
ECN /STP broker based in New Zealand with MetaTrader 4, a $50 minimum deposit and leverage up to 1:500.
- ECN /STP
- 1:500 Leverage
Your money is at risk
In this Ace Forex review
Ace Forex overview: what kind of broker is it?
Ace Forex is an ECN /STP forex and CFD broker based in New Zealand, founded in 2014. FSPR Number # FSP338006.
Traders get MetaTrader 4, spreads from 1 pips, leverage up to 1:500 and a low $50 minimum deposit. New clients can also check the current Yes.
Ace Forex broker specifications
Company and regulation
| Broker | Ace Forex |
|---|---|
| Regulated by | FSPR Number # FSP338006 |
| Type of broker | ECN /STP |
| Country | New Zealand |
| Foundation year | 2014 |
| Website | Visit Ace Forex website |
| Website languages | English |
Trading conditions
| Minimum deposit | $50 |
|---|---|
| Maximum leverage | 1:500 |
| Minimum spreads | 1 pips |
| Base currencies | USD, EUR & More |
| Tradable instruments | — |
| Hedging / scalping | Allowed |
| News trading | Allowed |
| Trading in public | No |
Bonus and promotions
| Current promotion | Yes |
|---|---|
| Welcome bonus | Yes |
| Standard no deposit bonus | No |
Contact details
| Telephone | +64(9)356-2558 |
|---|---|
| support@acefx24.com | |
| Fax | +64(9)356-2554 |
| Head office | Level 31. 48 Shortland Street, Vero Center,Auckland, 1010, New Zealand |
Ace Forex bonus
Ace Forex promotes a Yes for new traders. It is a simple way to test the broker's MT4 execution, spreads and withdrawal process before you add more of your own money.
How to claim the Ace Forex bonus
- Open a live account through the Visit Broker button.
- Verify your email, phone number and identity (KYC).
- Request the bonus from your client area or from support.
- Trade the required volume, then withdraw your eligible profit.
Bonus terms (required lots, time limit and withdrawal rules) can change at any time. Always read the latest conditions on the Ace Forex website before you claim.
Ace Forex pros and cons
Pros
- Regulated: FSPR Number # FSP338006
- Yes for new traders
- Low $50 minimum deposit
- Spreads from 1 pips, ECN /STP execution
- MetaTrader 4 on every device
- Islamic, mini, VIP and managed accounts
- 5 deposit and withdrawal methods
Cons
- Bonus comes with trading-volume rules
Ace Forex account types
Ace Forex offers several account options so beginners and experienced traders can both find a fit. All live accounts start from a $50 deposit.
| Free demo account | Yes – practise with virtual money |
|---|---|
| Mini account | Yes – smaller trade sizes for beginners |
| VIP account | Yes – for high-volume traders |
| Islamic (swap-free) | Yes – no overnight swap charges |
| Managed account | Yes |
| Segregated client funds | No |
Ace Forex trading platforms
Ace Forex runs on MetaTrader 4, which gives you advanced charts, more timeframes, an economic calendar and support for expert advisors. Mobile trading is available.
Ace Forex deposit and withdrawal methods
The same 5 methods work for both funding and withdrawals, which makes cash-outs simpler because you can usually withdraw the way you deposited.
Banks and cards
E-wallets
Is Ace Forex safe and legit?
Ace Forex is a regulated broker. FSPR Number # FSP338006.
Our verdict on safety
Ace Forex is a legitimate licensed broker. Start small, test a withdrawal early and use sensible leverage.
Who should choose Ace Forex?
Good fit for
- Traders who want MT4
- Bonus hunters testing a new broker
- Muslim traders needing swap-free accounts
- Scalpers, hedgers and news traders
Think twice if
Ace Forex FAQ
Is Ace Forex regulated?
Yes. FSPR Number # FSP338006.
What is the Ace Forex minimum deposit?
The minimum deposit to open a live Ace Forex account is $50.
Does Ace Forex offer a bonus?
Ace Forex currently promotes a Yes for new traders. Bonus credit normally has trading-volume and withdrawal conditions, so read the latest terms on the broker's website before claiming.
What is the maximum leverage at Ace Forex?
Leverage goes up to 1:500. High leverage increases both potential profit and potential loss, so most traders use far less.
Which trading platform does Ace Forex use?
Ace Forex uses MetaTrader4 (MT4).
Does Ace Forex offer Islamic swap-free accounts?
Yes. Islamic swap-free accounts are available, along with mini, VIP and VIP accounts.
How can I deposit and withdraw at Ace Forex?
You can use Bank wire, credit card, debit card, Neteller and Skrill.