Score

1.65 /10
Danger

Aid Markets Ltd

United States

1-2 years

Suspicious Regulatory License

MT5 Full License

Regional Brokers

High potential risk

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Score

Regulatory Index0.00

Business Index4.14

Risk Management Index0.00

Software Index7.40

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

Aid Markets Ltd

Company Abbreviation

Aid Markets Ltd

Platform registered country and region

United States

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-12-26
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Aid Markets Ltd · Company summary
Aid Markets LtdReview Summary
Founded2024
Registered Country/RegionUnited States
RegulationUnregulated
Market InstrumentsForex, Commodities, Stock Index CFDs, Crypto CFDs
Demo Account/
Leverage/
EUR/USD Spread0.6 pips
Trading PlatformMT4, MT5
Min Deposit/
Customer SupportEmail: support@amarkets-fx.com
Company Address: 19 135 King St Sydney NSW 2000

Aid Markets is a newly-established unregulated broker registered in the United States, offering trading in Forex, Commodities, Stock Index CFDs, and Crypto CFDs through the leading MT4 and MT5 platforms.

Aid Markets' homepage

Pros and Cons

ProsCons
Wide range of trading instrumentsNot licensed
Advanced trading platforms (MT4, MT5)Lack of transparency
Limited payment options
Only email support

Is Aid Markets Ltd Legit?

No, Aid Markets Ltd operates without valid regulation from any notable authorities. Trading on this platform can be risky.

No license

What Can I Trade on Aid Markets Ltd?

Trading AssetAvailable
forex
commodities
stock index CFDs
crypto CFDs
bonds
options
ETFs
What Can I Trade on Aid Markets Ltd?

Spreads

For Forex pairs, the spreads are 0.6 pips for EURUSD, 0.9 pips for USDJPY and AUDUSD, and 1.0 pip for GBPUSD.

Spreads

In the precious metals category, the spreads are 2.0 pips for XAUUSD (Gold) and 2.1 pips for XAGUSD (Silver).

Energy trading features spreads of 1.0 pip for XTIUSD (Crude Oil) and 8.2 pips for XNGUSD (Natural Gas).

For stock indices, the spreads are 18.2 pips for US100 and 40.0 pips for JP225.

Cryptocurrency spreads include 28.7 pips for BTCUSD (Bitcoin) and 6.2 pips for ETHUSD (Ethereum).

Other Fees

Account fee: All account opening and maintenance fees are free.

Deposit fee: You will bear the transfer fees if you use the domestic bank transfer service. If the transfer is made from a bank counter, ATM, etc., additional fees will be charged to the customer. If you use the cryptocurrency deposit service, the fees vary depending on the type of cryptocurrency.

Withdrawal fee: Withdrawal service is free on this platform.

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable for
MT4Desktop, Mobile, WebBeginners
MT5Desktop, Mobile, WebExperienced traders

Deposit and Withdrawal

Deposit Methods:

Deposit MethodInstitutionDeposit FeeDeposit Time
Domestic Bank TransferDomestic BankCustomer bears transfer feesUsually within 15 minutes, next business day if after 17:00
Cryptocurrency Transfer (USDT)TRC201 USDT and 3%Instant

Withdrawal Methods:

Withdrawal MethodInstitutionWithdrawal FeeWithdrawal Time
Domestic Bank TransferCustomer-specified bankGenerally freeWithin 3 business days
Cryptocurrency Transfer (USDT)TRC201 USDT and 3%Usually within 15 minutes, next business day if after 17:00
Deposit and Withdrawal

User Reviews

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User comment

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Comments

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Winday
more than one year
This side allow me play penny. This help me to get experience without loosing a lot of money while first training. Also, the site make easy for me to have many option when deposit or withdrawal. With the help of Customer Support Representative (Ngo Duc) I am doing just fine.
This side allow me play penny. This help me to get experience without loosing a lot of money while first training. Also, the site make easy for me to have many option when deposit or withdrawal. With the help of Customer Support Representative (Ngo Duc) I am doing just fine.
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2024-07-04 18:44
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