User Reviews
More
User comment
0
CommentsWrite a review
No comment yet
Score
Seychelles
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
Add brokers
Comparison
Expose
Exposure
Score
Regulatory Index0.00
Business Index6.59
Risk Management Index0.00
Software Index4.00
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
Note: For some unknown reason, we cannot open AIG Trades official site (https://aigtrade.com/) while writing this introduction, therefore, we could only gather relevant information from the Internet to present a rough picture of this broker. Traders should be careful about this issue.
General Information & Regulation
AIG Trade, a trading name of Al Fayyadh GoldenYard Limited, presents itself as an ECN forex brokerage registered in Seychelles that claims to provide its clients with various tradable financial instruments with leverage up to 1:500 and 24/7 customer support service. Here is the home page of this brokers official site:
As this brokerage's website cannot be accessed, we were unable to obtain further details about its spreads, trading platforms, etc.
As for regulation, it has been verified that AIG Trade does not fall under any valid regulations. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.30/10. Please be aware of the risk.
Market Instruments
AIG Trade advertises that it offers access to a wide range of trading instruments in financial markets, including forex, CFDs, cryptocurrencies and stocks.
Account Types
AIG Trade claims to offer demo and live accounts, yet no more specific information, such as the minimum initial deposit requirement to open an account, is revealed directly on the Internet.
Leverage
The maximum leverage ratio provided by AIG Trade is up to 1:500. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
Deposit & Withdrawal
The minimum initial deposit requirement at AIG Trade is said to be $100. However, the broker says nothing about the acceptable deposit and withdrawal methods.
Customer Support
AIG Trade‘s customer support can be reached by telephone: +60192263793 or email: support@aigtrade.com. You can also follow this broker on social networks such as Facebook. However, this broker doesn’t disclose other more direct contact information like the company address that most brokers offer.
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
More
User comment
0
CommentsWrite a review
No comment yet
start to write first comment