Aid Markets Ltd Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-03 17:10

Abstract：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 LtdReview Summary
Founded	2024
Registered Country/Region	United States
Regulation	Unregulated
Market Instruments	Forex, Commodities, Stock Index CFDs, Crypto CFDs
Demo Account	/
Leverage	/
EUR/USD Spread	0.6 pips
Trading Platform	MT4, MT5
Min Deposit	/
Customer Support	Email: support@amarkets-fx.com
Customer Support	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.

Pros and Cons

Pros	Cons
Wide range of trading instruments	Not 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.

What Can I Trade on Aid Markets Ltd?

Trading Asset	Available
forex	✔
commodities	✔
stock index CFDs	✔
crypto CFDs	✔
bonds	❌
options	❌
ETFs	❌

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.

　　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 Platform	Supported	Available Devices	Suitable for
MT4	✔	Desktop, Mobile, Web	Beginners
MT5	✔	Desktop, Mobile, Web	Experienced traders

Deposit and Withdrawal

　　Deposit Methods:

Deposit Method	Institution	Deposit Fee	Deposit Time
Domestic Bank Transfer	Domestic Bank	Customer bears transfer fees	Usually within 15 minutes, next business day if after 17:00
Cryptocurrency Transfer (USDT)	TRC20	1 USDT and 3%	Instant

　　Withdrawal Methods:

Withdrawal Method	Institution	Withdrawal Fee	Withdrawal Time
Domestic Bank Transfer	Customer-specified bank	Generally free	Within 3 business days
Cryptocurrency Transfer (USDT)	TRC20	1 USDT and 3%	Usually within 15 minutes, next business day if after 17:00