“AceFxPro is Fraud" User Says

User Complains “I started investing in Acefx Pro in June 2023. I invested 2215 USD with AceFxPro Broker.” This is a recent complaint Wikifx received from a trader. A trader is from India and is a user of Acefx Pro. The complainant said in his complaint that he is facing issues with withdrawal. In his words, “I requested withdrawal four times, but they rejected it every time.” I try to contact them, but they are not responding, neither on the phone nor by email.“ Victim added. He is frustrated and regrets saying that ”Acefx Pro is a fraud.“I deposit amounts from credit cards and loans. I have a three-year EMI at the bank.” He attached some screenshots with his complaint.

Review

When we searched for Acefx Pro on Wikifx, we discovered it was marked as No License. Wikifx also gave this broker 1.43 out of 10, which is a very low score. Wikifx also issued a warning by stating, Warning:

Low score, please stay away! It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

About AceFxPro

AceFxPro, a trading name of Ace Global Limited, is allegedly a multi-asset broker founded in 2015 and registered in Saint Vincent and the Grenadines, claiming to provide its clients with the worlds most widely-used MT5 platform, flexible leverage up to 1:500, variable spreads on a variety of tradable assets, as well as a choice of three different account types.

The platform supports the popular MT5 trading platform, providing access to advanced charting tools, technical indicators, and customizable options. However, there are some drawbacks to consider. AceFxPro is an unregulated broker, which may raise concerns for some traders who prefer a regulated trading environment.

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