Aquilabit -Some important Details about This Broker

Note: Aquilabit's official website - https://aquilabit.com/ is currently inaccessible normally.

Aquilabit was registered in Sweden and is not regulated. It offers trading in Cryptos, Indices, Commodities, and Stocks. The leverage is relatively low at 1:5, and its trading platform is Aquilabit WebTrader.

Pros and Cons

Is Aquilabit Legit?

No, Aquilabit is not regulated. Traders should carefully consider the risks it brings when choosing to trade with it.

What Can I Trade on Aquilabit?

Account Type

Leverage

Aquilabit offers leverage up to 1:5. Although lower leverage results in relatively lower returns, the risk is also reduced accordingly.

Trading Platform

Deposit and Withdrawal

The customer area has disclosed two payment methods: Bitcoin wallet and Bitthebank. The latter was originally a Bitcoin purchasing website. Therefore, users can only make deposits via Bitcoin.

The withdrawal area discloses that the payment methods for withdrawal include bank transfer, credit card, and BTC wallet. Generally, the withdrawal fee is required and the processing time for withdrawals can be as long as 5 days.