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The WikiFX Score of this broker is reduced because of too many complaints!

Ajman Tadawul

United States|Within 1 year|
Self-developed|Suspicious Scope of Business|High potential risk|

https://www.ajmantadawul.com/

Website

Rating Index

Contact

+1 718-488-5710
support@ajmantadawul.com
https://www.ajmantadawul.com/
Sweetwood Drive Street, Boulder, Colorado 80302
The WikiFX Score of this broker is reduced because of too many complaints!

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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Contact number

English

+1 718-488-5710

Other ways of contact

Broker Information

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Company Name

Ajman Tadawul

Abbreviation

Ajman Tadawul

Platform registered country and region

United States

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-07-27
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 5 for this broker in the past 3 months. Please be aware of the risk!

WikiFX Verification

Ajman Tadawul · WikiFX Survey

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Ajman Tadawul · Company Summary

Ajman Tadawul Basic Information
Company Name Ajman Tadawul
Founded 2023
Headquarters United States
Regulations Not regulated
Tradable Assets Commodities, Forex, Stocks
Account Types Micro, Standard, Gold
Minimum Deposit $250 (Micro), $1000 (Standard), $10,000 (Gold)
Maximum Leverage Up to 1:400
Spreads Low spread for Forex
Commission No commissions for Forex or Stocks
Deposit Methods Visa, MasterCard, Maestro, Skrill, PayPal, SWIFT transfers, Neteller, CitiBank
Trading Platforms MetaTrader 4, Sirix
Customer Support Email: support@ajmantadawul.com, Phone: 1-718-488-5710
Education Resources Economic calendar, Technical analysis
Bonus Offerings None

Overview of Ajman Tadawul

Ajman Tadawul, founded in 2023 and headquartered in the United States, is a dynamic trading platform offering a wide range of tradable assets, including commodities, forex, and stocks. With account types catering to different investment levels, starting from a minimum deposit of $250, traders can access leverages of up to 1:400 to maximize their trading potential. The platform distinguishes itself with low spreads for forex trading and a commission-free model for both forex and stock transactions. Supported by multiple deposit methods and featuring renowned trading platforms like MetaTrader 4 and Sirix, Ajman Tadawul provides a seamless trading experience. Furthermore, comprehensive customer support and educational resources, such as an economic calendar and technical analysis materials, empower traders with the knowledge and tools to make informed investment decisions.

Overview of Ajman Tadawul

Is Ajman Tadawul Legit?

Ajman Tadawul is not regulated by any recognized financial regulatory authority. As an unregulated broker, it operates without oversight from regulatory bodies that are responsible for ensuring compliance with industry standards and protecting the interests of traders.

Is Ajman Tadawul Legit?

Pros and Cons

Ajman Tadawul offers a compelling array of advantages, such as a wide selection of tradable assets and several account kinds catered to varying investment amounts. With high leverage options up to 1:400 and commission-free trading for both forex and stocks, traders have the flexibility to optimize their strategies. Additionally, the platform provides convenient deposit methods and access to popular trading platforms like MetaTrader 4 and Sirix. However, potential drawbacks include the lack of regulatory oversight, which may raise concerns about transparency and investor protection. Furthermore, the absence of bonus offerings and limited educational resources beyond an economic calendar and technical analysis materials could deter some traders seeking additional incentives and learning support.

Pros Cons
  • Diverse range of tradable assets
  • Not regulated, potentially lacking oversight
  • Multiple account types with varying investment levels
  • Lack of bonus offerings may deter some traders
  • High leverage options up to 1:400
  • Limited educational resources beyond economic calendar and technical analysis

Trading Instruments

Ajman Tadawul provides trading in commodities, forex, and stocks.

Trading Instruments

Here is a comparison table of trading instruments offered by different brokers:

Broker Forex Metals Crypto CFD Indexes Stocks ETFs
Ajman Tadawul Yes Yes No No No Yes No
AMarkets Yes Yes No Yes Yes Yes No
Tickmill Yes Yes Yes Yes Yes Yes No
EXNESS Group Yes Yes Yes Yes Yes Yes No

Account Types

Ajman Tadawul offers three account types:

  1. Micro: For deposits ranging from $250 to $1000, includes all trading tools, dairy market analytics, video access, dairy recommendations, exclusive updates, and 24-hour support.

  2. Standard: For deposits from $1000 to $10,000, includes all features of the Micro account plus VIP support.

  3. Gold: For deposits from $10,000 to $50,000, includes all features of the Standard account plus transactions hedge.

Account Types

How to Open an Account

To open an account with Ajman Tadawul, follow these steps.

  1. Visit the Ajman Tadawul website. Look for the “REGISTER” button on the homepage and click on it.

How to Open an Account
  1. Sign up on websites registration page.

How to Open an Account
  1. Receive your personal account login from an automated email

  2. Log in

  3. Proceed to deposit funds to your account

  4. Download the platform and start trading

Leverage

Clients of Ajman Tadawul can access leverage up to 1:400.

Here is a comparison table of maximum leverage offered by different brokers:

Broker Ajman Tadawul Libertex IC Markets RoboForex
Maximum Leverage 1:400 1:30 1:500 1:2000

Spreads and Commissions

Ajman Tadawul offers:

  • Low spread and no commissions for Forex trading.

  • No commissions or additional fees for trading stocks.

Spreads and Commissions
Spreads and Commissions

Deposit & Withdrawal

Ajman Tadawul offers various deposit and withdrawal methods, including Visa, MasterCard, Maestro, Skrill, PayPal, SWIFT transfers, Neteller, and CitiBank.

Deposit & Withdrawal

Trading Platforms

Ajman Tadawul provides both MetaTrader 4, the globally popular currency trading software, and Sirix, an award-winning platform with advanced features.

Trading Platforms

Customer Support

Ajman Tadawul provides customer support via email at support@ajmantadawul.com, phone at 1-718-488-5710, and has a physical address at Sweetwood Drive Street, Boulder, Colorado 80302.

Customer Support

Educational Resources

Ajman Tadawul offers educational resources including an economic calendar and technical analysis materials.

Educational Resources

Conclusion

In conclusion, Ajman Tadawul presents both advantages and disadvantages for traders. While It provides a wide variety of tradable assets and multiple account types with varying investment levels, along with high leverage options and commission-free trading, the platform lacks regulatory oversight, potentially raising concerns about transparency and investor protection. Additionally, the absence of bonus offerings and limited educational resources beyond an economic calendar and technical analysis materials may deter some traders seeking additional incentives and learning support.

FAQs

Q: What tradable assets does Ajman Tadawul offer?

A: Ajman Tadawul provides a variety of assets for trading, including commodities, forex, and stocks.

Q: What leverage options are available on Ajman Tadawul?

A: Ajman Tadawul offers leverage options of up to 1:400, providing traders with the opportunity to amplify their trading potential.

Q: Are there any commissions charged for trading on Ajman Tadawul?

A: No, Ajman Tadawul does not charge any commissions for trading, whether it's for forex or stocks.

Q: How can I deposit funds into my Ajman Tadawul account?

A: Ajman Tadawul offers various deposit methods, including Visa, MasterCard, Skrill, PayPal, SWIFT transfers, Neteller, and CitiBank.

Q: What trading platforms does Ajman Tadawul provide?

A: Ajman Tadawul offers access to popular trading platforms such as MetaTrader 4 and Sirix, providing traders with advanced tools and features for their trading activities.

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 provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then.

Review 8

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