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Aden Markets DOO

United Kingdom|1-2 years|
Crypto-Licence|Suspicious Scope of Business|Medium potential risk|

https://www.adenfx.com/

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support@adenfx.com
https://www.adenfx.com/

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Previous Detection : 2024-04-27
  • The current information shows that this broker does not have a trading software. Please be aware!

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Aden Markets DOO · Company Summary

Aspect Information
Registered Country/Area United Kingdom
Founded Year 1-2 years
Company Name Aden Markets DOO
Regulation FinCEN
Tradable Assets Forex (62 currency pairs), Precious Metals, Cryptocurrencies, Stock Indexes, Crude Oil
Demo Account N/A
Minimum Deposit $100
Maximum Leverage 100:1
Spreads From 0.0 pips
Trading Platforms MT5 for PC, MT5 Mobile Phone Version, Apple MT5 Client, Android MT5 Client
Payment Methods Credit/debit cards, bank transfers, e-wallets
Educational Tools Economic calendar, real-time news coverage
Customer Support Email: support@adenfx.com

Overview of Aden Markets DOO

Aden Markets DOO, based in the UK, is regulated by the US Financial Crimes Enforcement Network with Crypto-Licence. It offers Forex trading with 62 currency pairs, precious metals, and major cryptocurrencies like Bitcoin. The platform provides access to global stock indexes and crude oil trading, without extra fees.

Aden Markets DOO offers a single real account type. To register, visit the website, submit personal details, and complete verification. Leverage enables control of over 100 times invested amount. Spreads start at 0.0 pips, $3 commission per side for standard lots, and a $100 minimum deposit.

Deposits and withdrawals via credit/debit cards, bank transfers, and e-wallets are available. Instant processing for cards and transfers, 1-3 days for e-wallet withdrawals with a 2% fee. The MT5 platform is used for PC and mobile trading, known for stability and dynamic analysis. Traders access economic calendars and real-time news.

Aden Markets DOO's homepage

Pros and Cons

Aden Markets DOO offers several notable advantages and considerations. It is regulated by the US Financial Crimes Enforcement Network. The platform offers a diverse range of trading opportunities in Forex, metals, and cryptocurrencies. Opening an account is a straightforward process, and spreads starting from 0.0 pips are available. The versatile MT5 platform caters to both PC and mobile users, while an economic calendar and real-time news coverage aid in identifying trading opportunities.

On the flip side, the platform's variety of account options and educational tools are relatively limited. And there's a commission associated with standard lot sizes. Withdrawals via e-wallets incur a 2% fee.

Pros Cons
Regulated by US Financial Crimes Enforcement Network Lacks variety in account options
Diverse trading opportunities in Forex, metals, cryptos $3 commission per side for standard lot sizes
Simple and step-by-step account opening process Withdrawal via e-wallets incurs a 2% fee
Low spreads from 0.0 pips Limited customer support channels
Versatile MT5 platform for PC and mobile devices
Economic calendar and real-time news coverage

Is Aden Markets DOO Legit?

Aden Markets DOO is currently regulated by the United States Financial Crimes Enforcement Network under a Crypto-Licence with license number 31000251656825. The regulation came into effect on August 22, 2023. The institution is licensed and authorized to operate in the cryptocurrency domain. The address of Aden Markets DOO is Ulica Vladike Vasariona Borilovica, Ulaz H, Stan Br. Podgorica. For more information, certified documents can be found in Annex1.

Regulated by FinCEN

Market Instruments

Forex: Aden Markets DOO offers a diverse range of trading opportunities in the Forex market. Traders can engage with 62 currency pairs, benefiting from ultra-low spreads and swift execution.

Metal: Traders have the chance to speculate on the price movements of precious metals such as gold and silver, against the Dollar. This adds diversity to their trading portfolio.

BTC: Aden Markets DOO provides access to mainstream virtual currencies, including BTC (Bitcoin), ETH (Ethereum), BCH (Bitcoin Cash), ETC (Ethereum Classic), DASH (Dash), and more.

Stock Indexes and Crude Oil: The platform grants access to major international stock indexes and crude oil trading. Notably, this is offered without fees, re-quotes, or hidden markups.

Market Instruments
Pros Cons
Provides Bitcoins Limited information on other types of assets
Access to various currency pairs and metals Potential volatility in cryptocurrency markets
Availability of major international stock indexes Lack of detailed information on trading fees and costs

Account Types

Aden Markets DOO offers a single type of account, the real account, providing traders with a straightforward option. The platform focuses on simplicity, providing one type of account for users.

Pros Cons
Straightforward single account option Lack of account type variety
Potential mismatch for advanced traders

How to Open an Account?

  1. Visit Website: Go to the Aden Markets DOO official website.

  2. Click Sign Up: Select “Open Real Account”.

    Select Open Real Account“
  3. Enter Details: Fill in your Name, Email, Password, Mobile (with Country Code).

    fill in required info
  4. Confirm Info: Verify Password, select Country, State, City, and Gender.

  5. Provide Address: Enter your detailed Address.

  6. Invitation and Captcha: Optionally, enter an Invitation code and complete Captcha.

  7. Upload ID Images: Attach your ID card images (front and back) in jpg or png format, under 10MB.

  8. Verify: Complete any additional verification steps.

  9. Review: Double-check entered info.

  10. Sign Up: Click “Sign Up” to create your account.

Leverage

Aden Markets DOO offers leveraged foreign exchange trading with potential control of more than 100 times the invested amount, enabling amplified profits and losses.

Spreads & Commissions

Aden Markets DOO offers spreads from 0.0 pips and charges a commission of $3 per side for standard lot sizes.

Trading Platforms

MT5 For PC: Aden Markets DOO offers the MT5 platform for PC. This platform is known for its concise, flexible, and stable nature, providing detailed dynamic quotation analysis. Traders can set technical pointers and utilize a smart trading system. The platform's versatility caters to various trading strategies, making it a widely used choice for trading, futures, crude oil, and contracts for differences.

MT5 Mobile Phone Version: Traders can access the MT5 platform from their mobile devices, including iPhones, iPads, and Android phones or tablets. The mobile version boasts exceptional execution speed.

Apple MT5 Client: For iPhone users, Aden Markets DOO offers a stable and ultra-fast MT5 foreign exchange trading experience through the MetaQuotes mobile client. The MT5 client can be easily downloaded from the iTunes store by scanning the provided QR code.

Android MT5 Client: Aden Markets DOO provides android phone users with the option to connect to their MT5 forex trading accounts using the official MetaQuotes mobile client. To access the mobile client, android phone users can download it from the Google Play store or directly scan the QR code provided for installation.

MT5
Pros Cons
Real-time trading solution No information about additional trading platforms
Detailed dynamic quotation analysis Platform-specific, limited to MT5
Versatile for various trading strategies App availability limited to iPhones, iPads, and Android devices

Deposit & Withdrawal

Aden Markets DOO offers three ways to deposit funds: credit/debit cards, bank transfers, and e-wallets. Deposits via credit/debit cards and bank transfers are processed instantly, while withdrawals via e-wallets typically take 1-3 business days. The minimum deposit amount is $25 and the minimum withdrawal amount is $50. There are no fees for depositing or withdrawing funds via credit/debit cards or bank transfers. There is a 2% fee for withdrawing funds via e-wallets.

Pros Cons
Instant processing for credit/debit card deposits and bank transfers Withdrawals via e-wallets incur a 2% fee
No fees for credit/debit card and bank transfer transactions Withdrawals via e-wallets take 1-3 business days
Low minimum deposit of $25 Minimum withdrawal amount is $50

Educational Tools

Calendar: Aden Markets DOO provides a comprehensive economic calendar that lists all major economic events that are scheduled to take place each day. This calendar can be used to help traders identify potential trading opportunities.

News: Aden Markets DOO provides real-time news coverage from a variety of sources. This news can be used to stay up-to-date on the latest market developments and make informed trading decisions.

Educational Tools

Customer Support

Aden Markets DOO offers accessible customer support through their designated email, support@adenfx.com, for addressing problem consulting inquiries.

FAQs

Q: Is Aden Markets DOO regulated?

A: Yes, Aden Markets DOO is regulated by the United States Financial Crimes Enforcement Network under a Crypto-Licence with license number 31000251656825.

Q: What trading instruments does Aden Markets DOO offer?

A: Aden Markets DOO offers Forex, precious metals, virtual currencies like BTC and more, major stock indexes, and crude oil trading.

Q: What type of account does Aden Markets DOO provide?

A: Aden Markets DOO offers a single type of account, the real account.

Q: What is the leverage offered by Aden Markets DOO?

A: Aden Markets DOO offers leveraged foreign exchange trading with potential control of over 100 times the invested amount.

Q: What are the deposit and withdrawal options?

A: Aden Markets DOO offers deposit options including credit/debit cards, bank transfers, and e-wallets. Withdrawals are available through e-wallets, with a 2% fee.

Q: What trading platforms are available?

A: Aden Markets DOO offers MT5 platforms for PC, mobile devices (iOS and Android), and clients for iPhone and Android for forex trading.

Q: Does Aden Markets DOO provide educational tools?

A: Yes, Aden Markets DOO offers an economic calendar and real-time news coverage for traders.

Broker Information

Company Name

Aden Markets DOO

Company Abbreviation

Aden Markets DOO

Regulatory Status

Domestic Regulation

Platform registered country and region

United Kingdom

Company website
Phone of the company

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Customer Service Email Address
  • support@adenfx.com

Company Summary

User Reviews

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FX1524624512
more than one year
I still remember the first trade I placed with them. The market was volatile, but as soon as I pressed the 'buy' button, my order was instantly executed, with zero slippage- a truly satisfying start! Their trading platform, powered with advanced features and real-time updates, is a treat for any trader. During my trading hours spread over three months, I have experienced virtually no downtime. It's reliable, fast, and a perfect ally for my trades. One aspect that deserves worthy mention is their customer service. I once faced a hiccup with my margin settings. I reached out to them, and got a reply within 3 hours. The issue was resolved, and along came a helpful walk-through of the entire process. This is what effective customer service looks like!
2023-12-01 18:21
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FX1524107455
more than one year
Firstly, the process of opening an account was straightforward and hassle-free. In the world of spreads and commissions, Aden Markets DOO offers some attractive numbers. Competing well with industry standard ranges, the spreads for the EUR/GBP pair are typically around 1.0-1.6 pips during key trading hours. This, coupled with their transparent commission structure, can certainly give traders looking for profitability a clear advantage.
2023-11-30 18:16
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Lex3156
3-6months
Scammers!! They will take all the money out of your account and take your money. They will call you racist slurs. They will try to tell you that you’re no longer eligible for the promotion and take all of your money. They may even offer you a grant of demo money or a promotional offer. Names and group name may change so don’t be fooled. They are on What’s App but may use other platforms. Even the site looks very suspicious. They will have you to create an account with their link and have you to upload your ID and personal info. Don’t join any broker groups on any platform. Use reputable brokers!!!
2023-11-28 03:14
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