Overview of AITM
AITM, established in The Virgin Islands in 2022, offers a diverse array of trading assets, spanning over 55 global currency pairs, commodities, indices, stocks, metals, and energies. With a maximum leverage of 888:1, the platform attracts traders seeking amplified profits.
However, its unregulated status raises transparency and security issues, emphasizing the importance of thorough risk assessment. AITM's multi-device compatible MetaTrader 4 platform, responsive multilingual support, and low minimum deposit requirements are notable advantages, but the limited educational resources may pose a challenge for traders looking to enhance their skills and knowledge.
Is AITM legit or a scam？
AITM operates without regulatory oversight, lacking prescribed guidelines.
The absence of regulation raises questions about accountability and transparency, impacting user confidence in the security and fairness of financial transactions within the AITM framework. Traders engaging with AITM may face heightened risks due to the unregulated status, emphasizing the importance of thorough risk assessment and cautious decision-making in the absence of regulatory checks.
Pros and Cons
Pros:
Diversified Market Instruments:
AITM offers a wide range of over 55 global currency pairs for forex trading, providing traders with opportunities to engage in the highly liquid foreign exchange market. Additionally, the platform supports various market instruments, including commodities, indices, stocks, metals, and energies, allowing users to diversify their investment portfolios across different sectors.
2. Multiple Account Types:
3. Maximum Leverage of 888:1:
4. Accessible MT4 Platform:
AITM utilizes the widely recognized MetaTrader 4 (MT4) platform, ensuring accessibility across various devices, including PC, Mac, iPad, iPhone, Android phones, and Android tablets. The multi-device compatibility enhances convenience, enabling users to engage in trading activities from their preferred devices.
5. Variety of Payment Methods:
AITM offers a diverse range of payment methods for account funding, providing flexibility and convenience to users. Supported options include bank transfers and credit cards, allowing users to choose the method that best suits their preferences and geographical location.
6. Responsive Multilingual Customer Support:
Cons:
Lack of Regulatory Oversight:
2. Limited Educational Resources:
AITM provides limited educational resources for traders. While it offers a comprehensive array of trading instruments and account types, the platform lacks detailed educational materials to enhance users' understanding of trading strategies, market analysis, and platform features.
Market Instruments
AITM offers a comprehensive array of trading assets, allowing users to explore various financial markets and diversify their investment portfolios.
Forex Trading: AITM provides access to a diverse range of over 55 global currency pairs, enabling traders to engage in the highly liquid foreign exchange market. This category allows users to open positions with major and minor currencies, taking advantage of the liquidity and volatility inherent in the currency trading landscape.
CFDs on Indices: Traders on AITM can explore CFDs on major global indices, providing opportunities to participate in the dynamic world of equities. This feature allows users to engage with a basket of securities, capturing the broader market movements and potential returns.
Commodities CFDs: AITM extends trading opportunities to commodities, offering CFDs on products such as sugar, cocoa, wheat, and more. This diversification into commodities provides traders with exposure to various markets, contributing to a well-rounded and adaptable investment strategy.
CFDs on Stocks: AITM offers CFDs on over 600 companies, allowing traders to explore individual stocks of major corporations. This category provides flexibility for traders to build a diverse portfolio by engaging with a wide range of companies and industries.
CFDs on Metals: Traders can open positions in precious metals like gold, silver, palladium, and more through AITM's CFDs on Metals. This category accommodate those seeking exposure to the metals market, providing potential opportunities for profit in these commodities.
CFDs on Energies: AITM facilitates trading in the energy market with CFDs on oil, gas, and all major energies. This feature allows traders to capitalize on price movements in the energy sector, providing opportunities for speculation and investment in this crucial market.
Account Types
AITM offers three account types:
Micro Account:
The Micro Account offered by the platform serves novice traders or those with limited initial investment capacity. With a modest minimum deposit of $5 and a contract size of 1,000, this entry-level option provides essential training, tight spreads, and negative balance protection. The maximum open/pending orders limit is set at 200 positions, and the lot restriction per ticket is 100 lots.
This account is suitable for individuals looking to explore the basics of trading with a controlled risk exposure.
Standard Account:
Suitable for traders seeking a balanced approach, the Standard Account requires a minimum deposit of $5. It features a contract size of 100,000, offering a wider scope for trading activities. With spreads as low as 1 pip, a maximum open/pending orders limit of 200 positions, and a lot restriction per ticket set at 50 lots, this account type accommodates users with some trading experience.
The Standard Account provides an opportunity to expand trading capabilities without delving into advanced strategies.
AITM Zero Accounts:
Geared towards experienced and high-net-worth traders, the AITM Zero Accounts demand a higher minimum deposit of $100. Featuring a contract size of 100,000 and spreads as low as 0 pips, this account type is tailored for those ready to explore more sophisticated trading strategies. With a maximum open/pending orders limit of 200 positions and a lot restriction per ticket set at 50 lots, the AITM Zero Account provides a comprehensive and nuanced trading environment for users seeking heightened functionality.
This account type is suitable for individuals prioritizing a customized and comprehensive approach to their financial endeavors.
How to Open an Account？
Visit the Official AITM Website:
Navigate to the official AITM website using a secure and supported web browser. Ensure that you access the correct website to guarantee a safe registration process.
2. Initiate Registration:
Click on the prominently displayed “Sign Up” button on the homepage. This will initiate the registration process and prompt you to provide the necessary information to create your account.
3. Complete Registration Form:
Fill in the registration form with accurate personal details. Include information such as your full name, email address, phone number, and any other required specifics. Ensure that the details provided are correct and match your identification documents.
4. Identity Verification and Fund Your Account:
After completing the registration, undergo the identity verification process as instructed. This step may involve submitting valid identification documents such as a government-issued ID or passport.
Once your account is verified, proceed to fund it by logging in, navigating to the deposit section, selecting your preferred funding method (such as bank transfer or credit card), and entering the necessary details along with the desired deposit amount. Confirm the transaction, and upon successful processing, your AITM account will be activated, allowing you to explore the platform's features and engage in trading activities.
Leverage
AITM offers a maximum leverage of 888:1, allowing traders to control larger positions with a relatively smaller amount of capital. This high leverage provides users with the potential for amplified profits, given the increased exposure to market movements.
Spreads & Commissions
The Spreads & Commissions structure on the platform varies across different account types.
In the Micro Account, users can benefit from tight spreads, with no associated commissions. This structure accommodates individuals with a modest risk appetite, providing a commission-free environment for those exploring the basics of trading.
Moving to the Standard Account, traders will encounter a balance between cost-efficiency and enhanced trading conditions. The spreads are as low as 1 pip. This account type serves users willing to pay a moderate commission for potentially tighter spreads, suitable for those with some trading experience.
In contrast, the AITM Zero Accounts boast ultra-low spreads of 0 pips on all majors.
Traders opting for this account type, with a higher minimum deposit of $100, are likely to be more experienced and have a substantial capital base.
Trading Platform
AITM utilizes the MetaTrader 4 (MT4) platform, a widely recognized and commonly used trading platform in the industry. The platform is accessible across various devices, including PC, Mac, iPad, iPhone, Android phones, and Android tablets. This multi-device compatibility allows users the flexibility to engage in trading activities from their preferred devices, enhancing accessibility and convenience.
The MT4 platform offers a suite of versions tailored to different operating systems, ensuring compatibility for a broad user base. These include versions for PC, Mac, iOS devices (iPad and iPhone), and Android devices (phones and tablets). The availability of MT4 Multiterminal serves users managing multiple accounts simultaneously.
The MT4 platform is renowned for its user-friendly interface, providing traders with essential tools for technical analysis, charting, and order execution. While it is widely appreciated for its efficiency, minimal requotes, and ease of use, users are encouraged to assess its features based on their individual preferences and requirements.
Deposit & Withdrawal
AITM provides users with a variety of payment methods for account funding, offering flexibility and convenience. Supported payment options include bank transfers and credit cards, enabling users to choose the method that best suits their preferences and geographical location. The diverse range of payment methods ensures a secure deposit process for users, contributing to an accessible and user-friendly trading experience.
AITM sets distinct minimum deposit requirements for each account type.
The Micro and Standard Accounts have a minimum deposit of $5, providing an entry point for those exploring basic trading and expanding to more experienced users.
The AITM Zero Account, suitable for advanced traders, requires a minimum deposit of $100, reflecting its tailored approach for individuals seeking a more sophisticated trading environment. These minimum deposit levels aim to accommodate a diverse user base with different financial capacities and trading goals.
Customer Support
AITM's customer support serves a global clientele, proficiently communicating in over 25 languages and assisting clients from 196 countries.
The multilingual support spans English, Greek, Simplified and Traditional Chinese, and many more. Operating from Monday to Friday, the support team ensures users find prompt and accurate answers through a comprehensive FAQ page, available at any time.
If additional assistance is required, users can reach out via email at info@advancedcfd-limited.com or engage in live chat. For direct communication, users can contact the support desk at +62 2187832304.
Conclusion
In conclusion, AITM presents a trading platform with distinct advantages and drawbacks. The platform offers a diverse range of market instruments, including forex, commodities, indices, stocks, metals, and energies, providing traders with ample opportunities for portfolio diversification. The presence of three account types—Micro, Standard, and AITM Zero—accommodates users with varying trading preferences and experience levels. Additionally, the platform's maximum leverage of 888:1 stands out, offering the potential for amplified profits to those who manage risks judiciously.
While the platform boasts a responsive multilingual customer support system and a variety of payment methods, the limited availability of educational resources may pose a challenge for users looking to enhance their trading skills and knowledge.
FAQs
Q: What account types does AITM offer？
A: AITM provides Micro, Standard, and AITM Zero accounts.
Q: How can I fund my AITM account？
A: AITM supports bank transfers and credit cards for depositing funds into your trading account.
Q: What is the minimum deposit requirement？
A: The minimum deposit varies with account types: $5 for Micro and Standard accounts, and $100 for AITM Zero accounts.
Q: Is AITM regulated？
A: No, AITM operates without regulatory oversight.
Q: What trading platform does AITM use？
A: AITM utilizes the MetaTrader 4 (MT4) platform, available on various devices.
Q: What are the market instruments offered by AITM？
A: AITM provides access to forex, commodities, indices, stocks, metals, and energies for trading.
2024-01-25 17:59
2024-01-03 18:10
