Ace Diversified Capital, Inc. offers clients a wide selection of investment products, such as domestic and foreign securities (stocks, mutual funds, ETFs, options, etc.), insurance products (life insurance, annuity, long term care), and other investment products.
ACE Information
ACE is a versatile investment platform accessible via iOS, Android, and web interfaces, offering a range of mutual funds without specifying account minimums or fees. New accounts benefit from fee-free status, though details on margin interest rates and interest on uninvested cash are not provided. While ACE does not currently offer promotions, its user-friendly app and platform support make it a viable choice for mutual fund investors seeking flexibility and accessibility in managing their portfolios.
Pros and Cons of ACE
ACE presents several strengths, including robust regulation under FINRA ensuring compliance with financial standards and offering a diverse array of assets for investment across multiple platforms including iOS, Android, Mac, Windows, and the web. However, potential drawbacks include a lack of transparency regarding account fees, as these are not specified. Additionally, information on interest rates for uninvested cash and margin rates remains unspecified, which may be a concern for investors seeking clarity and comprehensive cost management.
Is ACE safe？
ACE DIVERSIFIED CAPITAL, INC. is a broker-dealer registered with the Financial Industry Regulatory Authority (FINRA).
ACE DIVERSIFIED CAPITAL, INC. is a registered securities broker-dealer regulated by the Securities and Exchange Commission (SEC) and a member of the National Association of Securities Dealers (FINRA) and Securities Investors Protection Corporation (SIPC).
SIPC Insurance: As a FINRA member, ACE DIVERSIFIED CAPITAL, INC. is required to maintain SIPC insurance coverage for its customers' securities accounts. SIPC insurance protects investors' securities accounts up to $500,000 (including $250,000 for cash) in the event of the broker-dealer's failure.
Excess SIPC Insurance: ACE DIVERSIFIED CAPITAL, INC. may also carry additional excess SIPC insurance, which provides an extra layer of protection for its customers' accounts. The exact amount of excess SIPC insurance coverage is not publicly available, but it is generally believed to be significant.
Account Segregation: ACE DIVERSIFIED CAPITAL, INC. is required by law to keep its customers' funds separate from its own funds. This means that even if ACE DIVERSIFIED CAPITAL, INC. were to go bankrupt, its customers' funds would still be safe. This segregation ensures that client assets are not used for any other purpose than their intended investment goals.
What are securities to trade with ACE？
ACE offers a variety of investment tools, including stocks, options, exchange-traded funds (ETFs), annuities and mutual funds. These products help investors achieve diversified portfolios and select different risk-reward options. However, it does not provide products like commodity futures, forex, and cryptocurrencies.
- Stocks: Direct investment in publicly listed companies, suitable for investors seeking capital appreciation and dividends.
- Options: Provide experienced investors with more strategic choices, allowing them to hedge risks or speculate by buying rights or obligations.
- ETFs: Funds that invest in a variety of assets, typically tracking a specific index, offering immediate market exposure and liquidity.
- Annuities: A long-term retirement investment product that offers periodic income, suitable for risk-averse conservative investors.
- Mutual Funds: Professionally managed, these funds invest in a wide range of stocks, bonds, and other assets, facilitating risk diversification.
ACE Accounts
ACE offers a variety of account types tailored to meet diverse financial needs and preferences. For personalized guidance, the Full Service Account pairs clients with registered brokers who provide one-on-one assistance in making investment decisions. The Discount Service Account allows clients to trade independently while having the option to seek advice from a broker when needed. For those who prefer autonomy in their trading, the Online Trading Account offers a platform for self-directed investments without broker assistance. ACE accommodates individual investors with accounts such as Individual, Retirement, Joint, Minor/Custodian, Sole Proprietor, Living Trust, and Investment Club accounts. Additionally, ACE supports corporate entities with Corporate, LLC, Partnership, and Non-profit accounts, as well as international investors with Foreign Individual and Foreign Institution accounts, ensuring a comprehensive range of options to suit every client's financial goals and organizational structure.
ACE App Review
ACE's mobile app is a cutting-edge and intuitive trading platform designed for on-the-go traders. It provides a comprehensive trading experience, available on iOS and Android devices, facilitating easy access to markets anytime, anywhere. In addition to the mobile app, X also offers a versatile range of platforms and tools for different devices and operating systems, including Web Trading platforms, as well as dedicated applications for Mac and Windows. This variety ensures that all users, regardless of their preferred device, can access the trading services seamlessly.
Research and Education
ACE's Research and Education division in the Information & Disclosures section focuses on advancing knowledge and promoting informed decision-making through rigorous research and educational initiatives. Committed to transparency and integrity, ACE ensures that all information and disclosures adhere to the highest standards of accuracy and relevance, empowering stakeholders with reliable insights to navigate complex issues in the field.
Customer Service
ACE's customer support is committed to providing seamless assistance in both Chinese and English, catering to a diverse clientele. Located at 923 E. Valley Blvd. #213, San Gabriel, CA 91776, clients can reach support via telephone at (626) 307-8300 or communicate via fax at (626) 307-2276. Additionally, inquiries can be directed tolynnwood@acediversifiedcapital.com. The team is dedicated to delivering prompt and knowledgeable service, ensuring that clients receive the necessary support for their financial needs and queries effectively.
Conclusion
ACE emerges as a robust investment platform with a commitment to regulatory compliance and investor protection, overseen by FINRA and SEC regulations. Its diverse array of investment products, including stocks, options, ETFs, annuities, and mutual funds, caters to a broad spectrum of investor preferences and risk appetites. The platform's accessibility across multiple devices and comprehensive account options, from individual to corporate accounts, ensures flexibility for various financial goals. While ACE offers strong security measures such as SIPC insurance and account segregation, potential investors should note the lack of transparency regarding fees and interest rates on cash balances and margins. ACE suits both experienced investors seeking a wide range of investment tools and beginners looking for user-friendly platforms, making it a versatile choice for both active trading and long-term investing needs.
FAQs
Is ACE safe to trade？
Yes, ACE is considered safe to trade as it is a registered securities broker-dealer regulated by FINRA (Financial Industry Regulatory Authority) and SEC (Securities and Exchange Commission).
Is ACE a good platform for beginners？
ACE can be a good platform for beginners due to its user-friendly interface and access to educational resources.
Is ACE legit？
Yes, ACE DIVERSIFIED CAPITAL, INC. is a legitimate securities broker-dealer registered with FINRA and SEC.
Is ACE good for investing/retirement？
ACE offers a diverse selection of investment tools, including stocks, options, ETFs, annuities, and mutual funds, making it suitable for both general investing and retirement planning.
Risk Warning
The information provided is based on WikiStock's expert evaluation of the brokerage's website data and is subject to change. Besides, online trading entails substantial risks, potentially leading to total loss of invested funds, so comprehending associated risks before engaging is crucial.
