Forex Brokers

AIMS

AIMS (full name Auric International Markets Ltd) is an online broker that provides trading solutions for scalpers, day traders and novices.

AIMS (full name Auric International Markets Ltd) is an online broker that provides trading solutions for scalpers, day traders and novices. Founded in 2015, it is located in Labuan, Malaysia. AIMS claims to have operations in Australia, Dubai, Malaysia, Vietnam, Cambodia, Japan, South Korea, Indonesia, Hong Kong and China. AIMS only stated on its website that it was regulated by the top regulatory authority, but did not show any relevant details, so its authenticity is questionable.

Financial Instruments

The financial assets that can be traded on the AIMS platform are currencies, cryptocurrencies, global stocks, global indices, metals and commodities.

Account Type

AIMS offers a total of two account options: Standard Account and MAM Account. The first account has a minimum deposit of $50 and the second account has a minimum deposit of $5,000.

Leverage

The maximum leverage ratio provided by AIMS is 1:400, which is very high. Investors are advised to use leverage with caution, because trading leverage can increase profits, but it also brings many risks.

Spread&Commission

Regarding the spread, usually the spread for the EUR/USD pair is in the range of 1.0-1.5 pips per standard lot, while AIMS offers a spread higher than 1.5-1.6 pips for this currency pair, which is slightly higher than the industry standard. In addition, the broker says it does not charge commissions for trades.

Trading Platform

AIMS supports the widely used MetaTrader 4 (MT4), available for desktop downloads and mobile applications. MT 4 is the trading platform of choice for most traders, which is why most brokers offer it. MT4 provides traders with all the necessary tools and features to analyze the price dynamics of financial instruments (advanced charting tools, built-in indicators, backtesting options), execute trades, create and use automated strategies (expert advisors).

Withdrawals

Traders can fund their AIMS accounts via payment methods including credit/debit cards, wire transfers and third-party payment providers such as China UnionPay, FasaPay, Alipay and Wechat Pay with a minimum deposit of 100 USD, the deposit amount will be converted to USD using the real-time exchange rate.

Customer Support

AIMS support team is accessible 24 hours a day, 5 days a week. Traders can leave a message to the team and receive a call back within 24 hours, or traders can email the team at the address provided on the website.

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