Global Broker Regulation Inquiry App
WikiFX
Дмитрий 
1-2 years
Does Ace have any cons?
Broker Issues
Regulation
04-22
United States
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.
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