Pace Capital Corp has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Note: this company is not connected and should not be confused with the legitimate firm Pace Capital located at 950 Third Ave New York NY 10022 Ph 212-832-2441 SEC#8-30931 CRD# 15766
Phones: 1 212 401 6204, fax 1 212 401 6207
Addresses: 950 Third Ave New York NY 10022 This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.pace-capital.com.
Pace Capital Corp advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Wide product range|Customizable dashboard|Regular updates
Cons: Search feature is basic
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. Pace Capital Corp said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Wide product range|Full transparency
Cons: Slow to add new assets|Charting tools need more indicators
I joined Pace Capital Corp from a review site like this one and from the start, things felt off. The signup process collected far more personal information than necessary, the verification took unreasonably long, and when I finally got access, the platform was nothing like what was advertised.
Pros: Educational resources|Good analytical tools|Smooth onboarding
Cons: Spreads widen during volatile periods|Would like more payment methods
My withdrawal request from Pace Capital Corp has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.
Pros: Responsive team|Segregated accounts|Full transparency
Cons: Would like more payment methods|Minor UI glitches occasionally
I am in a dispute with Pace Capital Corp over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.
Pros: No hidden fees|Easy to use platform|Good mobile app
Cons: Live chat only during business hours|Nothing significant
The hidden fees at Pace Capital Corp are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.
Pros: Good mobile app|Competitive fees
Cons: Account statements could be more detailed
I closed a profitable position at Pace Capital Corp and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.
Pros: Real-time alerts|Great customer service|Competitive fees
Cons: Email notifications too frequent|Minor UI glitches occasionally
After using Pace Capital Corp for just over a year, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.
Pros: Risk management tools|Helpful community forum|Good analytical tools|Full transparency
Cons: Minor UI glitches occasionally|Website design could be more modern