Are you looking to read Aimscap reviews before trading? Is Aimscap.com a genuine broker? Read detailed this review to know about this platform whether to use or not.
This content promises to share helpful review to support clients/traders in making the right decision. Kindly read to the end and make your verdict.
About Aimscap FX
Aimscap located at Aimscap.com is an offshore brokerage company with a lot of promises for forex traders . The company is completely anonymous as there is no corporate address or legal details that can prove its credibility.
The broker offers no clear data about the account types. In fact it was quite difficult to find any useful information on the whole website, which is filled with unnecessary details.
In addition, the brokerage promises different instruments like forex, stocks, commodities, crypto, bonds and indices. More so, it presents a zero spread difference in Buy/Sell.
Deposit and Withdrawal
Aimscap Minimum Deposit:
Aimscap deposit is not indicated on the website. In comparison, a licensed FX broker clearly spells out its regulation and license credibility with no string of fraud, and clients can start trading as low as $100 with the assurance of their trading funds.
Meanwhile, the broker offers different funding payments such as Visa, Mastercard as well as local bank transfers and payments with FasaPay. Because we couldn’t register, we can’t confirm what payment options you would have.
Just so you know, offshore brokers are commonly known for accepting crypto currencies. For this purpose, payments made through this method are anonymous and can only be traced to a wallet address and not to a specific person. So beware!
Aimscap Platform:
Aimscap platform claims to offer the industry standard MetaTrader 4. It also provides some links in order to download it on desktop or mobile. In fact you can only install MT 4 demo version offered by another broker with a similar sounding name – AIMS.
Why use forex brokers with advanced trader like MT4/MT5? You are certain to have the best features of real-time quotes, financial news and various FX and stock charts, as well as algorithmic trading sessions with the help of specially designed trading bots, called Expert Advisors.
As for Aimscap leverage, it can get up to 1:400. Frankly, we say don’t consider doing that with an unregulated forex broker like this one because you stand the chance of losing your money.
Won’t you rather trade with a licensed and legit broker? Fortrade is a UK-based broker with address at Michelin House, 81 Fulham Road London, SW3 6RD, United Kingdom. They are among the best brokers in the industry offering trades in numerous assets including stocks, commodities, currencies, indices, and cryptocurrencies. Fortrade is regulated and licensed by the FCA(Financial Conduct Authority) in the UK, ASIC in Australia, NBRB in Belarus, CySEC in Cyprus as well as IIROC in Canada which makes client funds safe. They accept traders worldwide…visit their official website
Things You Should Know about Aimscap.com Regulation
First of, Aimscap.com is a completely anonymous broker as we could not find anything about its registered address or company name.
More so, AIMSCAP claims to be globally regulated and to be present in Vietnam, Cambodia, Japan, Korea and Malaysia. It also states to be licensed by these countries’ official financial regulators like for example the Securities and Exchange Regulator of Cambodia (SERC) and the Labuan Offshore Financial Services Authority (LOFSA) of Malaysia.
After we searched the registers of the above mentioned institutions it was already clear that this broker is not authorized to offer investment services at all.
Further, this broker does not offer money back guarantee which means trading on such platform is clearly a risk as your money cannot be refunded.
These are drawbacks for forex traders/ clients to avoid losing money with this scam broker. It is always advisable you check for regulated and licensed broker on financial authorities websites before depositing fund for trading.
Aimscap Licensing and Regulation
It is not far from believing that this broker is not a licensed brokerage firm. It is not under any financial regulation which means wiring your money for trading is risky. Its unlicensed and unregulated activities are truly a red flag and must be avoided.
COMPARE WITH A TRUSTED BROKER
Fortrade
Fortrade is a UK-based broker with address at Michelin House, 81 Fulham Road London, SW3 6RD, United Kingdom. They are among the best brokers in the industry offering trades in numerous assets including stocks, commodities, currencies, indices, and cryptocurrencies. Fortrade is regulated and licensed by the FCA(Financial Conduct Authority) in the UK well as ASIC in Australia which makes client funds safe. They accept traders worldwide..visit their official website
Verdict:
Aimscap FX located at Aimscap.com claims to appear like a trustworthy trading broker, however, that cannot be ascertained. By all appearances, we would advise traders to steer clear from this broker as it likely a platform run by scammers. To this end, we urge our readers to rely on regulated brokers like this or any licensed entity.
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