New Zealand Forex Broker, AceForex is licensed by the Financial Services Authority in St. Vincent & the Grenadines.

The broker was founded in 2014, and has been promoting mainly to Asian region.

AceForex’s one of the main advantages is their “Tight Spread”.

Through AceForex’s VIP account, you can trade from 0.6 pips of minimum spread through MT4.

But is it the real condition?

The real-time spread of AceForex VIP Account

As AceForex offers STP(Straight Through Processing) trading environment, the broker does not restrict any trading activities on the trading platforms.

And here is the Spread of AceForex VIP account, we have captured in November 2016 during normal trading hours with low volatility.

There is no extra trading commissions charged through the account, so the above spread cost is the whole cost you need to pay in AceForex VIP Trading Account.

The average & minimum spread is 1.3 – 1.5 pips.

It is a bit unexpectedly wider than the specified spread by the broker though, the trading cost itself is quite average among STP Forex brokers.

Trading Condition of AceForex VIP Account

Although the spread isn’t “not bad” as a STP broker, the VIP account of AceForex is available from 50,000 USD of deposit.

The leverage will be also restricted to 1:100. The maximum leverage 1:500 is available with Micro Account only.

If you cannot afford to deposit 50,000 USD for your Forex investment, you may find other Forex brokers of the same condition with lower required minimum deposit.

For more information of AceForex, please refer from the page below.

https://herculesfi.wpenginepowered.com/forex-broker/aceforex/