Overview of AIKO Markets
AIKO Markets is a China-based trading platform that offers a range of financial instruments for trading, including Forex currency pairs, indices, commodities, metals, stocks, and cryptocurrencies. The platform's exact founding year is unknown, but it has been in operation for 2-5 years. It is crucial to note that AIKO Markets is not currently regulated and does not hold any valid regulation licenses, so investors should exercise caution when using their services.
The platform offers three account types with a maximum leverage of up to 1:500, allowing clients to potentially amplify their trading positions by up to 500 times their investment amount. The spreads vary based on the account type, starting from 1 pip for Scalp accounts, 2 pips for Elite accounts and 2.5 pips for True ECN accounts. Each account type also incurs a commission fee, ranging from $7 to $14 per lot traded.
AIKO Markets operates through the MetaTrader4 (MT4) platform, which is available on various devices, including Windows, Mac, Web Trader, iOS, and Android. The platform also offers clients a demo account to practice their trading strategies before investing real funds, as well as Bitcoin and various Altcoins as deposit options. AIKO Markets provides customer support through a support ticket system, but its social media presence is currently limited.
While the platform offers traders a diverse range of financial instruments to trade, investors should proceed with caution due to the lack of regulation, as this could leave clients vulnerable to fraudulent or unethical practices. Therefore, it is recommended to only trade with regulated brokers to ensure the security and transparency of financial transactions.
Is AIKO Markets legit or a scam？
It has been verified that AIKO Markets currently does not hold any valid regulation licenses. Therefore, it is recommended that individuals exercise caution or stay away from trading with this broker. Without proper regulation, there is no guarantee that the broker is operating in accordance with laws and regulations, which could leave investors vulnerable to fraudulent or unethical practices. It is crucial to only trade with brokers that have valid regulation and oversight by relevant authorities to ensure the security and transparency of financial transactions.
Pros and Cons
There are several advantages to using AIKO Markets as a trading platform. The company offers a diverse range of financial instruments for trading, allowing investors to potentially increase their returns by diversifying their portfolios. Additionally, AIKO Markets provides three account types, giving clients the freedom to choose the option that best suits their trading styles and preferences. The platform offers a maximum leverage of up to 1:500, which can amplify trading positions by up to 500 times their investment amount. AIKO Markets also provides a demo account to practice trading strategies, operates through the user-friendly MetaTrader4(MT4) platform, and supports Bitcoin and various Altcoin deposits. Finally, the platform provides educational resources and risk management tools to help clients make informed decisions.
However, there are also several drawbacks to consider when using AIKO Markets as a trading platform. The most significant is the fact that the company does not hold any valid regulation licenses, which means investors should exercise caution when using their services. Additionally, customer support is limited to a support ticket system, and the platform has a limited social media presence, which could make it difficult for clients to get help when needed. The company also does not provide much information on the minimum deposit amount, and commission fees are charged for each account type. Finally, spread rates vary based on the account type, which could make trading more expensive for some clients. Ultimately, due to the lack of regulation, it is recommended that individuals exercise caution or stay away from trading with this broker.
Market Instruments
AIKO Markets offers investors a diverse range of financial instruments for trading, including Forex currency pairs, indices, commodities, metals, stocks, and cryptocurrencies. This allows clients to diversify their portfolios and potentially increase their returns on investment. Traders have the flexibility to choose from a wide range of financial instruments and trading options, depending on their investment goals and risk tolerance. Overall, AIKO Markets offers a variety of products for clients looking to trade on their platform.
Account types
AIKO Markets offers three types of trading accounts, namely Scalp, Elite and True ECN, with varying features to suit individual trading styles and preferences.
The Scalp account offers a leverage of up to 1:500 and a raw spread starting from 1 pip. Forex, gold and silver are the only instruments available, and the minimum trade size is set at 0.01.
The Elite account, on the other hand, requires a minimum deposit of $25,000 to open and offers a leverage of up to 1:500. The spread starts from 2 pips, with a minimum trade size of 0.01. The account type also offers a wider range of tradable instruments, including major Forex pairs, indices, commodities, metals, stocks and cryptocurrencies. The commission fee for the Elite account is $10 per lot traded.
Finally, AIKO Markets True ECN account comes with a leverage of up to 1:500 and a highest spread starting from 2.5 pips. The minimum trade size for this account type is 1.2, and it offers the same extensive range of tradable instruments as the Elite account type. This account type incurs the lowest commission fee of $7 per lot traded. It is important to note that all account types offer True ECN and STP execution, enabling clients to trade under market-like conditions, access deep liquidity, and enjoy fast execution speeds. However, it is recommended that individuals exercise caution when trading with AIKO Markets, as the platform does not hold any valid regulation licenses.
Demo Account
AIKO Markets offers a demo account for clients to practice their trading strategies before investing real funds. This can be an excellent tool for both experienced traders and newbies to the trading world who want to learn and hone their skills without the risk of losing their capital. The demo account provides a risk-free environment where traders can experiment with different trading strategies, learn how the platform works, and get a feel for the market before diving into real trading. With the demo account, clients can access all the features and financial instruments available on the platform, giving them the freedom to explore all the trading options and develop a custom strategy suited to their investment goals.
How to Open an Account？
To open an account with AIKO Markets, follow these steps:
1. Visit https://aikomarkets.com/ and click on the 'Sign Up' button.
2. Enter your personal information, including your name, email, and phone number.
3. Choose the type of account you would like to open.
4. Complete the registration process by providing your identification documents and proof of address.
5. Wait for your account to be verified.
6. Deposit funds into your account through the available payment methods.
7. Start trading on the platform, which offers a range of financial instruments and flexible deposit/withdrawal methods to ensure a seamless experience for clients.
Maximum Leverage
AIKO Markets offers a generous maximum leverage of up to 1:500 to its clients. This means that clients can potentially amplify their trading positions by up to 500 times their investment amount, allowing for greater market exposure and potential profits. However, it is important to note that high leverage also carries high risk, and clients should exercise caution and be aware of the potential for significant losses. AIKO Markets provides extensive educational resources and risk management tools to help clients make informed decisions and manage their risks effectively.
Spreads & Commissions
AIKO Markets' spreads vary based on the account type, with Scalp account starting from 1 pip, Elite account starting from 2 pips, and True ECN account starting from 2.5 pips. In addition to the spreads, commissions are charged for each account type, with Scalp account having a commission of $14, Elite account having a commission of $10, and True ECN account having a commission of $7. These commissions are charged per lot traded and are in addition to the spreads. Overall, AIKO Markets provides transparent pricing structures to ensure that clients have a clear understanding of the costs involved in trading on the platform.
Trading Platform
AIKO Markets offers access to the world's financial markets through the MetaTrader4 (MT4) platform, which is available on Windows, Mac, Web Trader, iOS, and Android devices. This provides clients with a flexible and customized trading experience across a range of markets, including forex, indices, commodities, metals, stocks, and cryptocurrencies. Using the MT4 platform, clients can take advantage of advanced charting tools, real-time market analysis, automated trading systems, and more, enabling them to make informed decisions and maximize their trading potential. Overall, AIKO Markets' diverse and comprehensive product offering provides clients with the tools and resources needed to succeed in the dynamic world of finance.
Deposit & Withdrawal
AIKO Markets offers Bitcoin (BTC) as a deposit method, as well as Bitcoin via two 3rd party providers, with clients able to purchase Bitcoin using Debit/Credit Card through these providers. Currently, withdrawals are only available via Bitcoin, and no deposit or withdrawal fee is charged. Additionally, the platform recognizes that every trader has their own preferences when it comes to payment options, which is why AIKO Markets also offers flexible deposit methods that include Altcoins such as ETH, XRP, LTC, DOGE, and USDT. This provides clients with a range of options to choose from, allowing them to customize their trading experience according to their needs.
Customer Support
AIKO Markets offers a straightforward approach to customer support. Clients can record their needs and problems by attaching their email address to a work order, which they can then submit to the customer team for a response. However, it is worth noting that the platform currently only supports a limited number of social media platforms, with Facebook being the sole platform in use.
Conclusion
In conclusion, AIKO Markets offers a diverse range of financial instruments for trading and provides clients with the option to choose between three account types. The platform operates through the user-friendly MetaTrader4 (MT4) platform, offers a demo account, and supports Bitcoin and various Altcoin deposits with no withdrawal or deposit fees. However, the company doesn't hold any valid regulation licenses, and commission fees are charged for each account type. Customer support is limited to a support ticket system, and the platform has a limited social media presence. Furthermore, spread rates vary based on the account type, which could make trading more expensive. Individuals should exercise caution or stay away from trading with AIKO Markets due to a lack of regulation.
FAQs
Q: Does AIKO Markets offer a demo account？
A: Yes, AIKO Markets provides a free demo account for clients to practice their trading strategies before investing real funds.
Q: Is AIKO Markets regulated？
A: No, AIKO Markets does not hold any valid regulation licenses. Investors should proceed with caution when using their services.
Q: What financial instruments can be traded on AIKO Markets？
A: AIKO Markets offers a diverse range of financial instruments, including Forex currency pairs, indices, commodities, metals, stocks, and cryptocurrencies.
Q: What is the maximum leverage offered by AIKO Markets？
A: AIKO Markets offers a maximum leverage of up to 1:500, which can potentially amplify trading positions up to 500 times their investment amount.
Q: What deposit and withdrawal options are available on AIKO Markets？
A: AIKO Markets supports Bitcoin and various Altcoin deposits, with Bitcoin being the only option for withdrawals with no fees.
Q: Does AIKO Markets provide educational resources for clients？
A: Yes, AIKO Markets provides extensive educational resources and risk management tools to help clients make informed decisions and manage risks effectively.
2023-02-20 10:51
2022-12-15 16:50
