Ace FX
We checked Ace FX against the AskCheck register. It has been reported (2022) and carries the red flags below. Treat it with extreme caution.
Why it’s flagged
What we found
At first, Ace FX has no regulation when you view its home page. Then, when you click “Group” on its top page, Ace FX seems to have connections with a legit broker named First Prudential Markets Ltd or FP Markets – The firm shows the same regulations as FP Markets. However, if you check the "same regulations" information on FP Markets, you will get the message that the two companies have no relationship. That is to say: the licenses Ace FX claimed is a totally lie. Ace FX is attempting to confuse traders and attract them by choosing its misleading licenses–a popular scam tactic known as firm cloning. Therefore, we can conclude that Ace FX is a scam.
Assessment source: FastBull BrokersView.
What to do next
- Stop sending money. Don’t make another deposit, pay a “tax” or “release fee”, or share remote-access to your device.
- Gather your evidence. Save statements, chat logs, transaction IDs and the wallet addresses you paid to.
- Report it to your regulator and to local police / action-fraud line so it’s on the official record.
- Add your report here so the next person searching this name is warned — report Ace FX.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.