Leverage: 1:30 | 1:400
Regulation: ASIC, LFSA, SERC
Min. Deposit: $50
HQ: Sydney, Australia
Platforms: MT4
Found in: 2015
AIMS is an international Forex trading broker that specializes in trading various financial instruments such as Forex, CFDs, Cryptos, Shares, Stocks, Indices, Commodities, Metals, and Future CFDs. The company is headquartered in Sydney, Australia, and holds regulation and authorization from the reputable ASIC in Australia. Additionally, AIMS is licensed by LFSA in Labuan and by SERC in Cambodia.
According to our research, the broker offers trading services to both retail and institutional clients across 14 countries. It also has representative offices in several locations, including Australia, Dubai, Malaysia, Vietnam, Cambodia, Japan, Korea, Indonesia, Hong Kong, China, India, Thailand, Africa, and European countries.
Overall, AIMS has gained a reputation as a reliable Forex and CFD trading broker. The broker provides competitive trading conditions and offers a wide range of trading products through the popular MetaTrader platform.
When selecting AIMS as your trading broker, you should consider its benefits and drawbacks as well. One advantage is that the broker offers a variety of popular trading instruments and competitive trading fees. Additionally, traders have access to the advanced MetaTrader 4 trading platform, which is known for its features and functionality. Another positive aspect is that AIMS is regulated by multiple authorities, including the top-tier ASIC license, instilling a sense of trust and security. The broker also offers a range of funding methods for convenient deposits and withdrawals.
For the cons, AIMS may have limited availability of research and educational resources, which could impact traders seeking in-depth market analysis or learning materials. Additionally, the broker lacks 24/7 customer support, which means that assistance may not be available at all times.
| Advantages | Disadvantages |
|---|---|
| ASIC license and oversee | Limited education and research |
| Top-tier license | No 24/7 customer support |
| MT4 trading platform | |
| Funding methods | |
| Competitive pricing | |
| Low minimum deposit | |
| Trading instruments |
| 🏢 Headquarters | Sydney, Australia |
| 🗺️ Regulation | ASIC, LFSA, SERC |
| 🖥 Platforms | MT4 |
| 📉 Instruments | 70 Forex currency pairs, CFDs, Cryptos, Shares, Stocks, Indices, Commodities, Metals, Future CFDs |
| 💰 EUR/USD Spread | 1.5 pips |
| 🎮 Demo Account | Available |
| 💳 Minimum Deposit | $50 |
| 💰 Base Currencies | EUR, USD, GBP, AUD, JPY |
| 📚 Education | Limited |
| ☎ Customer Support | 24/5 |
Based on our findings, AIMS provides a trustworthy trading environment with low spreads and fees, making it an attractive option for traders. The broker offers access to an advanced trading platform that allows users to trade a wide range of well-known financial instruments. Additionally, traders can take advantage of AIMS’s convenient and streamlined deposit and withdrawal procedures, enhancing their overall trading experience.
| Ranking | AIMS | ALB | Veracity Markets |
|---|---|---|---|
| Our Ranking | ⭐⭐⭐⭐⭐ | ⭐⭐⭐⭐ | ⭐⭐⭐⭐ |
| Advantages | Trading Conditions | Trading Instruments | Funding Methods |
Following a comprehensive assessment of various factors, including trading features, regulatory compliance, spreads, trading instruments, and user feedback, we have conducted an analysis and created a list of alternative broker options to consider instead of AIMS.
We found that AIMS has received numerous awards and recognition from well-known organizations in the industry. Below is a screenshot that includes some of these awards.
No, AIMS is not a scam. It is a safe and reputable broker due to its regulation by the top-tier Australian ASIC. The authority is known for implementing strict rules and guidelines to uphold high standards in the financial industry. This regulatory oversight provides an additional layer of assurance regarding the broker’s operations, ensuring that they adhere to the regulatory requirements.
Yes, AIMS is a legit and regulated brokerage firm that holds the necessary licenses and follows regulations for offering Forex trading services. The broker’s legitimacy is enhanced by its regulation by a top-tier Australian authority, which ensures compliance with established financial regulations and industry standards.
Yet, AIMS also holds offshore licenses. Therefore, you should conduct thorough research, including reading user reviews and considering other factors, to assess the broker’s reputation and legitimacy. Engaging in trading activities should always be done after careful consideration and understanding of differences while trading in different jurisdictions even using the same Broker
See our conclusion on AIMS Reliability:
| AIMS Strong Points | AIMS Weak Points |
|---|---|
| Funds protection up to $2,000,000 | Trading via offshore zone |
| Regulation with triple licenses | |
| Professional trading |
Based on our analysis, AIMS demonstrates adherence to industry standards and compliance requirements. These include measures to protect client funds, such as segregation from company funds and coverage of up to $2,000,000. The broker also provides additional safeguards like negative balance protection to prevent clients from incurring losses exceeding their account balance. As an STP and NDD broker, AIMS aims to create a secure trading environment by directing all trades to global clearing banks, ensuring real-time execution at market prices.
However, thoroughly review AIMS’ documentation, legal agreements, and policies to gain a comprehensive understanding of the specific trading protections they offer. This will help you make an informed decision before engaging in any trading activities.
Before participating in leveraged trading, you should have a solid understanding of the concept and the risks involved. Leverage can be advantageous as it allows traders to enter the market with a smaller initial investment. However, be aware of the potential risks associated with leverage. By having a comprehensive understanding of leverage, you can make informed decisions and effectively manage your risk while engaging in leveraged trading.
AIMS leverage is offered according to the ASIC, LFSA, and SERC regulations:
Per our research, the broker offers traders a choice between two types of accounts: Standard and MAM accounts. Additionally, AIMS provides the option of 10-day swap-free accounts, where no swap or rollover fees are charged on overnight positions.
| Pros | Cons |
|---|---|
| $50 minimum deposit amount | None |
| No commission | |
| Fast and easy account opening | |
| Demo and Swap-free accounts |
Opening an account with a broker is considered quite an easy process, as you can log in and register with AIMS within minutes. Just follow the opening account or sign-in page and proceed with the guided steps:
AIMS offers a variety of trading options, including over 70 Forex currency pairs, CFDs, Cryptos, Shares, Stocks, Indices, Commodities, Metals, Future CFDs, and other instruments. With its extensive selection, the broker enables traders to diversify their portfolios and participate in various markets according to their individual preferences and trading strategies.
Per our findings and opinion, the broker offers competitive pricing for a majority of its trading services without commission fees. Additionally, AIMS does not charge fees for deposits and withdrawals, although there may be fees associated with transferring funds to and from your trading account. Therefore, we recommend reviewing the broker’s fee structure to gain a comprehensive understanding of the charges and their potential impact on your trading activities.
| Fees | AIMS Fees | ALB Fees | Veracity Markets Fees |
|---|---|---|---|
| Deposit fee | No | Yes | Yes |
| Withdrawal fee | No | Yes | Yes |
| Inactivity fee | Yes | No | Yes |
| Fee ranking | Average | Average | Average |
Based on our test trade, AIMS provides competitive and tight spreads, with an average spread of 1.5 pips for the EUR/USD currency pair in the Forex market. However, spreads may vary depending on factors such as market conditions, volatility, and liquidity. For accurate and detailed information on spreads, we recommend referring to the broker’s website or reaching out to its customer support.
| Asset/ Pair | AIMS Spread | ALB Spread | Veracity Markets Spread |
|---|---|---|---|
| EUR USD Spread | 1.5 pips | 0.7 pips | 23 pips |
| Crude Oil WTI Spread | 3 | 0.04 | 6 |
| Gold Spread | 1 | 0.18 | 45 |
The broker offers its clients a range of funding methods to deposit funds into their trading accounts. These include Bank Wire, Credit/Debit cards, Bitcoin payment, Skrill, and more. However, certain payment methods may have specific requirements depending on the client’s bank or other financial institutions involved in the transaction.
Here are some good and negative points for AIMS funding methods found:
| Advantage | Disadvantage |
|---|---|
| Variety of payment methods | None |
| Fast digital deposits | |
| Multiple account base currencies |
To open a live trading account with the broker, clients need to deposit $50 as an initial deposit amount for Standard Accounts, which is considered rather a good offering. For MAM Accounts, the minimum deposit amount starts from $10,000.
AIMS minimum deposit vs other brokers
| AIMS | Most Other Brokers | |
| Minimum Deposit | $50 | $500 |
As we found, the broker does not impose fees for deposits and withdrawals. However, there may be fees associated with transferring funds to and from your trading account.
To initiate a withdrawal fund from your trading account, the brokerage firm provides a set of typical steps that can be followed:
AIMS traders have access to the popular MetaTrader 4 trading platform, which is available in both desktop and mobile versions. The platform is recognized for its robust features, user-friendly interface, advanced charting tools, and comprehensive trading capabilities.
| Platforms | AIMS Platforms | ALB Platforms | Veracity Markets Platforms |
|---|---|---|---|
| MT4 | Yes | Yes | Yes |
| MT5 | No | Yes | Yes |
| cTrader | No | No | No |
| Own Platforms | No | No | No |
| Mobile Apps | Yes | Yes | Yes |
MT4 offers a wide range of advanced charting tools, multiple timeframes, trading signals, 30 built-in indicators, and various other tools, making it highly beneficial for traders. Additionally, the platform provides automated trading capabilities, enabling traders to identify market movements and enhance their market entry and stop-loss strategies. This feature empowers traders with automated trading solutions and enhances their overall trading experience.
Broker’s customer support is available 24/5 through Email, Live chat, and Social Media. Also, the support team includes trading specialists who are available to assist with technical support, provide analysis recommendations, address general inquiries, and help resolve operational issues.
See our find and ranking on Customer Service Quality:
| Pros | Cons |
|---|---|
| Email, live chat, and social media channels | No 24/7 customer support |
| Quick responses | |
| Relevant answers |
We found that the broker lacks extensive educational and research materials, seminars, or webinars, offering only Market Insights and an Economic Calendar. This limited availability of educational resources can be considered a drawback, as traders rely on such materials to enhance their skills and knowledge in the financial markets.
In conclusion, AIMS is a reputable Forex and CFD trading broker that offers a diverse range of trading instruments and competitive pricing. Additionally, traders have access to the popular MetaTrader 4 platform, which provides advanced trading features and capabilities.
However, the broker has limited educational resources and research materials, which may not be ideal for beginner traders. Moreover, the absence of 24/7 customer support is another drawback to consider.
Overall, we found that AIMS provides a competitive trading environment, however, we advise conducting your research and evaluating whether the broker’s offerings suit your specific trading requirements.
Based on Our findings and Financial Expert Opinions AIMS is Good for:
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