Score

1.54 /10
Danger

Ace

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

D

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Comparison

Quantity 1

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index7.21

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Warning: Low score, please stay away! 2
Previous Detection : 2025-08-28
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Pyramid scheme complaint
Expose
Ace · 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

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