What is AceTraderFx.com?
AceTraderFx.com is an online currency trading platform that offers a wide range of currencies, including the major ones such as the US dollar, Euro, British pound, and Japanese yen. They also offer a variety of other currencies, including some less known ones. The company claims to offer competitive rates and superior customer service. However, there are some complaints about the platform that have been raised by users.
How does AceTraderFx.com work?
AceTraderFx.com is an online forex broker that offers its clients the ability to trade in the foreign exchange market. The company has been in operation since 2006 and is headquartered in Cyprus. AceTraderFx.com is regulated by the Cyprus Securities and Exchange Commission (CySEC).
The broker offers two account types: a standard account and a VIP account. The standard account requires a minimum deposit of $250, while the VIP account requires a minimum deposit of $5,000. Both accounts offer leverage of up to 1:500 and access to the MetaTrader 4 platform.
AceTraderFx.com provides its clients with 24/5 customer support via live chat, email, and telephone. The broker also offers a free demo account with a balance of $50,000 for new clients to test out the trading platform and try out their strategies.
Is AceTraderFx.com a scam or not?
AceTraderFx.com is a Forex broker that offers online trading services to its clients. The company is registered in the Marshall Islands and is regulated by the International Financial Services Commission (IFSC). AceTraderFx.com offers a leverage of up to 1:500 and a minimum deposit of $100.
The broker provides two account types – Standard and ECN. The Standard account is for beginner traders with low spreads starting from 2 pips, while the ECN account is for more experienced traders and has floating spreads from 0.0 pips. Both accounts have a commission of $5 per lot traded.
AceTraderFx.com uses the MetaTrader 4 trading platform, which is available as a desktop application, web-based platform, and mobile app. The broker also offers 24/7 customer support via live chat, email, and telephone.
So, Is AceTraderFx.com a Scam or Not?
Based on the information we have gathered, we can say that AceTraderFx.com is not a scam broker. The company is regulated by a reputable financial regulator and offers a good selection of tradable assets, competitive spreads, and leverage up to 1:500. However, we would like to see more information about the company on its website, such as an About Us page or an FAQ section.
What do people say about AceTraderFx.com?
AceTraderFx.com has been in the business of online currency trading since 2003. The company is headquartered in Mauritius and is regulated by the Financial Services Commission (FSC).
The company offers a wide range of currency pairs for trading, as well as CFDs on metals, indices, and energies. AceTraderFx.com also provides a free demo account to test out the platform.
The minimum deposit for a live account is $500, and the leverage is up to 1:200. AceTraderFx.com charges a commission of $4 per lot traded (round turn). There is no dealing desk at AceTraderFx.com, so orders are executed directly at interbank prices.
AceTraderFx.com has received mixed reviews online. Some people say that the company is a scam, while others have had positive experiences with the company and its services.
Conclusion
AceTraderFx.com is a website that offers forex trading services. While there are some positive reviews of the site, there are also many complaints about it being a scam. It is important to do your own research before signing up for any forex trading service, and to be aware of the risks involved.