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https://www.aimsfx.com/
Website
Benchmark
C
Average transaction speed (ms)
MT4/5
Full License
AIMS-Demo
Influence
C
Influence index NO.1
Speed:D
Slippage:C
Cost:B
Disconnected:A
Rollover:AA
MT4/5 Identification
Full License
Influence
C
Influence index NO.1
More
AIMS
AIMS
Australia
Pyramid scheme complaint
Expose
Aspect | Information |
Registered Country/Area | Labuan, Malaysia |
Founded Year | 2-5 Years |
Company Name | AIMS (Auric International Markets Limited) |
Regulation | - Regulated by the Labuan Financial Services Authority in Malaysia (License number MB/17/0017) Licensed institution under Australia Securities & Investment Commission (ASIC) (License number 430091) with exceeded business scope in investment advisory |
Minimum Deposit | $10,000 for MAM Account $50 for Standard Account |
Maximum Leverage | 1:400 |
Spreads | EUR/USD: 1.5-1.6 pips (MAM and Standard Accounts) |
Trading Platforms | MetaTrader 4 (MT4) |
Tradable Assets | Currencies, Cryptocurrencies, Global Shares, Global Indices, Metals & Commodities |
Account Types | MAM Account Standard Account |
Demo Account | Available |
Islamic Account | 10-day swap-free accounts are offered |
Customer Support | - Email: cs@aimsfx.com Live Chat on the website Social media presence |
Payment Methods | Alipay, Wechat Pay, UnionPay, advcash, payTrust, Bitcoin, Skrill, Local Bank, fasapay, STICPAY, VISA, Mastercard |
AIMS (or Auric International Markets Ltd) is an online broker which provides trading solutions for scalpers, day traders and novices, established in 2015, located in Labuan, Malaysia. Till date, AIMS is present in Australia, Dubai, Malaysia, Vietnam, Cambodia, Japan, Korea, Indonesia, Hongkong and China.
AIMS provides traders and investors with a diverse range of market instruments to participate in the global financial markets. These instruments include currencies, cryptocurrencies, global shares, global indices, and metals & commodities. Through these offerings, investors have the opportunity to engage in currency trading, speculate on the price movements of cryptocurrencies, trade global shares of prominent companies, invest in global indices, and participate in metal and commodity trading.
The company offers various account types to cater to the different needs of traders, including the MAM (Multi-Account Manager) account and the Standard account. AIMS also provides a demo account for users to practice trading without risking real money. The trading platform offered by AIMS is MetaTrader 4 (MT4), which is widely recognized and known for its user-friendly interface and comprehensive features. AIMS supports traders with customer support options such as email and live chat, and maintains a presence on social media platforms for further engagement.
AIMS is an investment platform that offers a range of pros and cons to consider. On the positive side, AIMS provides investors with diversification and global exposure, allowing them to access various markets and assets. It also offers investment opportunities and different account options to cater to individual preferences. The user-friendly interface and trade history feature make it convenient for users to monitor and manage their investments. Additionally, AIMS offers instant deposit processing, ensuring efficient transactions. However, there are some drawbacks to be aware of. Volatility and market risk are inherent in investing, and investors should be prepared for potential fluctuations in their portfolios. Regulatory risks and a lack of transparency may raise concerns for some investors. Furthermore, the MAM account option requires a higher minimum deposit, which may not be suitable for all investors. There might be limited information available on specific account features, which can be a drawback for those seeking comprehensive details. It's also worth noting that while AIMS itself does not charge fees, there may be fees associated with payment issuers or banks. Lastly, mobile trading on the platform relies on a stable internet connection, which could be a limitation for users in certain situations. Overall, it's important for investors to carefully consider these pros and cons before deciding whether AIMS aligns with their investment goals and risk tolerance.
Pros | Cons |
Diversification and global exposure | Volatility and market risk |
Investment opportunities and account options | Regulatory risks and lack of transparency |
User-friendly interface and trade history | Higher minimum deposit for MAM account |
Instant deposit processing | Limited information on account features |
No fees charged by AIMS | Fees from payment issuers or banks |
Reliance on internet connection for mobile trading |
Based on the provided information, it appears that AIMS (Auric International Markets Limited) is regulated by the Labuan Financial Services Authority in Malaysia and holds the license number MB/17/0017. The license type is stated as Straight Through Processing (STP), indicating the nature of their operations. The licensed institution's address is Lot 3, Suite D, 2nd Floor, Lazenda Phase 3 Shophouse, Off Jalan OKK Abdullah, 87000 Labuan F.T, and their phone number is 087-410 414.
Additionally, AIMS is mentioned to be a licensed institution under Australia Securities & Investment Commission (ASIC) with the license number 430091. However, it is stated that they have exceeded their business scope regulated by ASIC, specifically in terms of their investment advisory license. This suggests that AIMS may be involved in activities beyond what is permitted by their license in Australia.
Tradable financial assets on AIMS trading platform are currencies, cryptocurrency, Global shares, Global indices, metals & commodities.
The market instruments offered by AIMS (Auric International Markets Limited) provide traders and investors with a diverse range of opportunities to participate in the global financial markets. AIMS offers a variety of products, including currencies, cryptocurrencies, global shares, global indices, and metals & commodities.
1. Currencies: AIMS offers trading in various currency pairs, including EURUSD and GBPJPY. Currency trading allows investors to speculate on the exchange rate movements between different currencies. Traders can take advantage of fluctuations in currency values to generate profits.
2. Crypto: AIMS provides access to popular cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH). Cryptocurrency trading allows users to participate in the digital asset market, taking advantage of price movements and volatility in cryptocurrencies.
3. Global Shares: AIMS offers trading in global shares, including companies like Pfizer, Facebook, and Apple. Trading global shares allows investors to participate in the equity markets of prominent companies worldwide, potentially benefiting from capital appreciation and dividends.
4. Global Indices: AIMS allows trading in global indices, such as the The S&P 500 (SPX), Dow Jones Industrial Average (DJI) and Nasdaq Composite (IXIC) . Global indices represent the performance of a group of stocks from specific markets, providing insights into overall market trends and volatility.
5. Metal & Commodities: AIMS facilitates trading in precious metals like gold and silver, as well as commodities like oil. Metal and commodity trading provides opportunities for investors to diversify their portfolios and potentially benefit from price movements in these markets.
Pros | Cons |
Diversification: Market instruments offer a range of asset classes, allowing portfolio diversification. | Volatility: Some market instruments, such as cryptocurrencies, can be highly volatile. |
Global Exposure: Access to global markets for trading in different currencies, shares, and indices. | Regulatory Risks: Trading market instruments carries regulatory risks across jurisdictions. |
Investment Opportunities: Wide range of investment opportunities catering to different risk appetites and goals. | Market Risk: All market instruments are subject to market risks and conditions. |
Lack of Transparency: Market instruments may lack transparent pricing mechanisms and information. |
Apparently, there are two account options offered by AIMS in total: the Standard account and the MAM account. The first account come with a minimum deposit of $50, and the second account with a minimum deposit up to $5,000.
1. MAM Account:
The MAM (Multi-Account Manager) account offered by AIMS requires a minimum deposit of $10,000. This account type allows traders to manage multiple sub-accounts under a single master account. The spreads for currency pair EURUSD range between 1.5-1.6, and for Gold, they range between 1.8-2.8. There is no commission charged for trades, and the leverage available is 1:400. The minimum lot size for trading is 0.01.
2. Standard Account:
The Standard account provided by AIMS is suitable for traders who prefer a lower minimum deposit requirement. To open a Standard account, a minimum deposit of $50 is required. The spreads for EURUSD and Gold are the same as in the MAM account. There is no commission charged for trades, and the leverage offered is also 1:400. The minimum lot size for trading is 0.01.
Swap-Free Accounts:
AIMS recognizes the needs of traders who prefer not to pay daily swap fees due to religious reasons. As a result, they offer 10-day swap-free accounts, which means there are no swap or rollover charges on overnight positions.
Demo Account:
Additionally, AIMS provides a demo account for users who wish to practice trading or test their strategies without risking real money. The demo account allows traders to gain experience and familiarize themselves with the trading platform before engaging in live trading.
To open an account with AIMS (Auric International Markets Limited), you can follow these steps:
1. Visit the AIMS website or platform and locate the “Register”button. Click on it to initiate the account opening process.
2. Fill in the required personal information in the provided fields. The information typically includes:
· Name: Enter your full name as per your identification documents.
· Gender: Select your gender from the options provided.
· Identity/Passport Number: Enter the number from your identification document (such as passport or national ID card).
· Identification Number: If applicable, enter any additional identification number required by AIMS.
· Date of Birth: Enter your date of birth in the format of year/month/day.
· Email: Provide a valid email address that you have access to.
· Mobile Phone: Enter your mobile phone number, including the country code.
3. Optionally, you may be asked to select the preferred language for communication or platform display. Choose the appropriate language from the options provided.
4. Double-check the information you have entered to ensure its accuracy and completeness.
5. Once you have filled in all the required details, click on the “Register Now” button to proceed with your account registration.
6. Depending on AIMS's account opening procedures, you may receive an email or SMS verification code to confirm your registration. Follow the instructions provided to verify your account.
7. After successfully completing the registration process and verifying your account, you will be notified about the status of your account and any additional steps you may need to take, such as submitting identification documents or fulfilling any specific requirements.
The maximum leverage offered by this broker is 1:400, which is quite high. Investors are advised to use leverage with caution since trading leverage can increase profits but also bring many risks at the same time.
As regards the spreads, they usually fall within the range 1.0 – 1.5 pips per standard lot for the EUR/USD pair, while AIMS offers spreads above 1.5-1.6 pips for this pair, a little higher. The broker requires no trading commissions.
AIMS offers the widely recognized MetaTrader 4 (MT4) as its trading platform, catering to the preferences of a large number of traders worldwide. MT4 is considered the leading online trading platform and is highly regarded for its user-friendly interface and comprehensive features.
With MetaTrader 4, traders can easily navigate the platform, execute trades, analyze market trends, and manage risk and exposure simultaneously. The platform provides a range of tools and features that enable traders to make informed decisions and execute their trading strategies effectively.
One of the key advantages of MetaTrader 4 is its ability to accommodate automated trading strategies through its Expert Advisors (EA) functionality. Traders can develop and deploy automated trading systems with ease.
Additionally, MetaTrader 4 offers a wide selection of trading products, including Forex, Commodities, Share CFDs, Indices, and Cryptocurrency CFDs. Traders have access to over 80 trading products, providing ample opportunities to diversify their portfolios.
The platform also includes 30 built-in technical indicators, allowing for extensive technical analysis. Traders can utilize these indicators to analyze price movements, identify trends, and make informed trading decisions.
Another useful feature of MetaTrader 4 is the availability of trade history information. Traders can evaluate their trading performance by reviewing comprehensive trading history, including previous transactions, profits, and losses.
MetaTrader 4 is available for both desktop and mobile devices, ensuring traders can access their accounts and trade on-the-go. The desktop version provides a full suite of features and tools, while the mobile apps offer advanced charts and one-swipe trading for added convenience.
Pros | Cons |
User-friendly interface | Limited customization options for advanced traders |
Wide selection of trading products | Lack of integration with other trading platforms |
Extensive technical analysis capabilities | Limited availability of educational resources |
Automated trading with Expert Advisors | Potential for high system resource usage |
Access to comprehensive trade history | Reliance on internet connection for mobile trading |
Availability on desktop and mobile devices | Limited availability of unique features |
Lack of compatibility with Mac OS |
Traders at AIMS have various options for depositing and withdrawing funds. The available methods include Alipay, Wechat Pay, UnionPay, advcash, payTrust, help2pay, Bitcoin, Skrill, Local Bank, fasapay, STICPAY, VISA, and Mastercard. These payment options allow users to fund their trading accounts using credit/debit cards, wire transfers, and third-party payment providers like China Unionpay, FasaPay, Alipay, and Wechat Pay.
The minimum deposit amount is $20 for most currency options, except for Bitcoin and some others which have a minimum deposit of $11. When depositing funds, the amount will be converted to US dollars using the real-time exchange rate.
Withdrawal requests are processed in the base currency of the trading account. For example, if the trading account is in USD, the withdrawal will be processed in USD as well. The processing time for deposits is instant, while withdrawals typically take between 1 to 3 working days, except for certain currencies that have a 1-hour deposit processing time and 1 working day withdrawal processing time.
AIMS support team can be accessed 24 hours a day, 5 days per week. It is possible to leave a message for the team and receive a call back within 24 hours, or alternatively, it is possible to send the team an email to the address provided on the website. There is also a Live Chat facility available through the website for a rapid response to issues and questions.
AIMS (Auric International Markets Limited) offers a range of trading tools designed to enhance the trading experience and provide valuable information for traders. These tools include an Economic Calendar, Market Holiday notices, and a Futures CFD Rollover system.
ECONOMIC CALENDAR:
AIMS provides an Economic Calendar that keeps traders informed about the latest financial events. This tool allows users to stay ahead by tracking important economic indicators, such as interest rate decisions, employment reports, GDP releases, and more. By having access to this calendar, traders can anticipate market movements and make informed trading decisions based on upcoming events.
MARKET HOLIDAY:
The Market Holiday tool provides information about holiday hours and notices. Traders can stay updated on market closures and trading hours during holidays, which is crucial for effective planning and managing trading positions. Being aware of market holidays helps traders avoid unexpected disruptions and adjust their trading strategies accordingly.
FUTURES CFD ROLLOVER:
AIMS offers a Futures CFD Rollover tool that assists traders in managing futures contracts. Futures contracts have expiration dates, and to ensure uninterrupted trading, AIMS facilitates the rollover process. When a contract matures, AIMS replaces it with a new one before the old contract expires. This tool also takes into account the price difference between the two underlying contracts, allowing traders to seamlessly transition between contracts.
Pros | Cons |
Provides access to an Economic Calendar | No information provided about additional tools |
Helps traders stay informed about | Limited details on the Market Holiday tool |
upcoming financial events | No explanation of how the rollover process works |
Assists in planning trading strategies | Lack of information on the user interface or design |
The customer support of AIMS (Auric International Markets Limited) is designed to provide assistance and address queries effectively. The support team can be contacted 24 hours a day, 5 days a week, ensuring accessibility for customers. If users have any questions or require assistance, they have various options to choose from.
One method of contacting the support team is by sending an email to cs@aimsfx.com, which is provided as the official contact address. Customers can compose their queries or concerns and send them to this email address. The support team aims to respond within a reasonable timeframe.
AIMS also offers a Live Chat facility on their website. This feature allows customers to engage in real-time conversations with a support representative, ensuring quick responses to any issues or questions they may have.
Moreover, AIMS maintains a presence on social media platforms to further enhance their customer support. Customers can connect with the company through their Facebook page (https://www.facebook.com/aimsfx/), Instagram account (https://www.instagram.com/aimsfx_official/), YouTube channel (https://www.youtube.com/channel/UCCAcpyEyIL-ragKukoE9dWw), and LinkedIn profile (https://www.linkedin.com/company/aimsfx/). These platforms can serve as additional channels for customers to reach out to the company, stay updated with their offerings, and potentially find answers to their questions through the provided content.
In conclusion, AIMS (Auric International Markets Limited) offers a range of market instruments, account types, leverage options, trading platforms, and customer support services. However, there are certain disadvantages to consider. The lack of transparency in market instruments, limited information about certain account types and tools, and potential regulatory risks across jurisdictions pose challenges. Additionally, the platform's trading tools have limited details, and the compatibility with Mac OS is lacking. It is important for potential users to carefully evaluate these factors and consider their individual trading needs before engaging with AIMS.
Q: Is AIMS a regulated entity?
A: Yes, AIMS (Auric International Markets Limited) is regulated by the Labuan Financial Services Authority in Malaysia and holds the license number MB/17/0017. They are also licensed under the Australia Securities & Investment Commission (ASIC) with the license number 430091.
Q: What market instruments are offered by AIMS?
A: AIMS offers a variety of market instruments, including currencies, cryptocurrencies, global shares, global indices, and metals & commodities.
Q: Is AIMS legit?
A: Based on the provided information, AIMS appears to be a legitimate entity as it is regulated by the Labuan Financial Services Authority in Malaysia and holds a license from ASIC in Australia. However, it is important to note that they have exceeded their business scope regulated by ASIC, specifically in terms of their investment advisory license.
Q: What types of accounts does AIMS offer?
A: AIMS offers two main account types: MAM (Multi-Account Manager) account and Standard account. They also provide swap-free accounts and a demo account for practice trading.
Q: How can I open an account with AIMS?
A: To open an account with AIMS, visit their website or platform and click on the “Register” button. Fill in the required personal information, select the preferred language, and double-check the information before clicking “Register Now.” Follow any verification steps provided to complete the registration process.
Q: What is the leverage offered by AIMS?
A: AIMS provides a maximum leverage ratio of 1:400.
Q: What are the spreads and commissions at AIMS?
A: AIMS offers spreads for the EUR/USD pair that typically range between 1.0 and 1.5 pips per standard lot. They do not charge any trading commissions.
Q: What payment methods are available for depositing and withdrawing funds?
A: AIMS offers various payment options, including Alipay, Wechat Pay, UnionPay, advcash, payTrust, help2pay, Bitcoin, Skrill, Local Bank, fasapay, STICPAY, VISA, and Mastercard.
Q: What trading platform does AIMS use?
A: AIMS uses the MetaTrader 4 (MT4) trading platform, known for its user-friendly interface, extensive features, and compatibility with automated trading strategies.
Q: Does AIMS provide customer support?
A: Yes, AIMS offers customer support through email, live chat on their website, and their presence on social media platforms like Facebook, Instagram, YouTube, and LinkedIn.
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