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While Ace has been around for a long time since 1997, its unregulated status raises significant concerns about its legitimacy. Ace trading without any regulatory oversight exposes me to greater risk. A regulated broker gives traders peace of mind that their funds are protected and that the broker adheres to ethical standards. Since Ace lacks regulation, there’s no external authority to hold it accountable if anything goes wrong. This makes me question whether Ace is a legitimate choice for trading, especially if I want to ensure the safety of my ace forex funds.