Score

1.23 /10
Danger

AE Trade

United States

1-2 years

Suspicious Regulatory License

High potential risk

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Regulatory Index0.00

Business Index4.82

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

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Warning: Low score, please stay away! 2
Previous Detection : 2024-11-10
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

AE Trade · Company summary

Note: AE Trade's official website: https://aetradeltd.com/ is currently inaccessible normally.

AE TradeReview Summary
Founded2023
Registered Country/RegionUnited States
RegulationNo regulation
Market InstrumentsForex, stocks, indices, commodities, bitcoin, metals and energy
Demo Account
LeverageUp to 1:200
SpreadFrom 0.1 pips
Trading PlatformMT5
Min Deposit$250
Customer SupportEmail: support@aetradeltd.com
Address: 96 WADSWORTH BLVD NUM 127-3255 LAKEWOOD, CO 80226 U.S.A

AE Trade Information

AE Trade is an unregulated broker, offering trading on forex, stocks, indices, commodities, bitcoin, metals and energy with leverage up to 1:200 and spread from 0.1 pips via the MT5 trading platform. The minimum deposit requirement is as high as $250.

AE1.jpg

Pros and Cons

Pros Cons
Tight spreadsUnregulated status
Various trading productsShort operating history
MT5 platformFew contact channels
High minimum deposit requirement

Is AE Trade Legit?

No. It is registered in the United States within 1 year. It has no valid regulations currently. It does not offer guaranteed funds or segregated accounts.

Is AE Trade Legit?

What Can I Trade on AE Trade?

Tradable Instruments Supported
Forex
Stocks
Indices
Commodities
Bitcoin
Metals and energy
Bonds
Options
ETFs

Account Type

Here are four account types AE Trade offers:

Account TypeMin Deposit
Bronze $250
Silver$2 500
Gold$25 000
Platinum$100 000
Account Type

Leverage

AE Trade offers flexible leverage options, varying by account type.

Account TypeMax Leverage
Bronze 1:200
Silver1:200
GoldUpon on request
PlatinumUpon on request

AE Trade Fees

The spread is from 0.1 pips.

Aextrade claims not to charge transaction fees.

Trading Platform

Aextrade claims to offer traders MT4. But the installation file is actually of the newer MT5 version of the software.

Trading PlatformSupported Available Devices Suitable for
MT5WebExperienced traders
MT4/Beginners
Trading Platform
Trading Platform

Deposit and Withdrawal

The broker accepts payments done via wire transfer, payment processors such as Revolut and AllPaySoft, and cryptocurrencies.

No minimum withdrawal amount defined and no fees or charges specified.

User Reviews

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User comment

2

Comments

Write a review

FX1525503334
more than one year
Slippage was annoyingly frequent; it was like trying to catch a bus only to see it pull away as you arrived. Prices I hoped for were often missed, with the executed price higher than expected. Spreads were as wide as the Grand Canyon, especially for the EUR/USD, and their commissions stung like paying delivery fees for a store next door - profits knocked down a peg or two! Withdrawing funds? Think of it as waiting for a snail to cover a mile. Seems like forever, right? That’s exactly how it felt. Their trading signals were as dodgy as a compass in a magnetic field.
Slippage was annoyingly frequent; it was like trying to catch a bus only to see it pull away as you arrived. Prices I hoped for were often missed, with the executed price higher than expected. Spreads were as wide as the Grand Canyon, especially for the EUR/USD, and their commissions stung like paying delivery fees for a store next door - profits knocked down a peg or two! Withdrawing funds? Think of it as waiting for a snail to cover a mile. Seems like forever, right? That’s exactly how it felt. Their trading signals were as dodgy as a compass in a magnetic field.
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2023-12-04 16:26
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FX1525344715
more than one year
My ride with AE Trade felt more like an arduous trek through forex wilderness than a smooth drive on a trading highway. They've got some serious revamping to do if they dream of clinching the ace trader's choice spot. Until then, it's a thumbs-down review from this trader!
My ride with AE Trade felt more like an arduous trek through forex wilderness than a smooth drive on a trading highway. They've got some serious revamping to do if they dream of clinching the ace trader's choice spot. Until then, it's a thumbs-down review from this trader!
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2023-12-02 13:33
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