Is Ace Prime Capital a licensed broker?

https://aceprimecap.com/    

No, Ace Prime Capital appears to be an unlicensed forex broker.

While it claims to be registered with the Malta Financial Service Authority (MFSA) under number IS/19836, our search for this company in the MFSA reveals a different story. Neither the company's name nor the license number exists in the MFSA register, indicating that the claim about its regulatory status is false.

Therefore, Ace Prime Capital operates outside of the regulatory framework, making it dangerous for invetors. It poses significant risks of fraud and identity theft, which could be financially and personally devastating to traders. To minimize such risks on the trading journey, it is recommended to stay away from unlicensed brokers and choose fully regulated ones instead.