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Finmark FX is a St. Vincent and the Grenadines registered Forex and CFD trader, owned and operated by Finmark Ltd and is currently unregulated.

Aquilabit Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-27 18:18

Abstract:Aquilabit was registered in Sweden and is not regulated. It offers trading in Cryptos, Indices, Commodities, and Stocks. The leverage is relatively low at 1:5, and its trading platform is Aquilabit WebTrader.

  Note: Aquilabit's official website - https://aquilabit.com/ is currently inaccessible normally.

Aquilabit Review Summary
Founded/
Registered Country/RegionSweden
RegulationUnregulated
Market InstrumentsCryptos, Indices, Commodities, Stocks
Demo Account/
LeverageUp to 1:5
Spread/
Trading PlatformAquilabit WebTrader
Min Deposit/
Customer SupportEmail: support@aquilabit.com
Address: Hötorget building 12th floor, Sveavägen 9, 111 57 Stockholm, Sweden

  Aquilabit was registered in Sweden and is not regulated. It offers trading in Cryptos, Indices, Commodities, and Stocks. The leverage is relatively low at 1:5, and its trading platform is Aquilabit WebTrader.

Aquilabit

Pros and Cons

Pros Cons
Diverse market instrumentsUnavailable website
Multiple account typesUregulated
Limited leverage ratios
No MT4/5
Unknown minimum deposit
Withdrawal fee charged
Long withdrawal processing time
Only email support

Is Aquilabit Legit?

  No, Aquilabit is not regulated. Traders should carefully consider the risks it brings when choosing to trade with it.

No license

What Can I Trade on Aquilabit?

Tradable Instruments Supported
Cryptos✔
Indices✔
Commodities✔
Stocks ✔
Forex❌
Bonds❌
Options❌
ETFs❌

Account Type

Account TypeMin Deposit
Micro/
Bronze/
Silver/
Gold/

Leverage

  Aquilabit offers leverage up to 1:5. Although lower leverage results in relatively lower returns, the risk is also reduced accordingly.

Trading Platform

Trading PlatformSupported Available Devices Suitable for
Aquilabit WebTrader✔Web/
MT4❌/Beginners
MT5❌/Experienced traders
Aquilabit WebTrader

Deposit and Withdrawal

  The customer area has disclosed two payment methods: Bitcoin wallet and Bitthebank. The latter was originally a Bitcoin purchasing website. Therefore, users can only make deposits via Bitcoin.

  The withdrawal area discloses that the payment methods for withdrawal include bank transfer, credit card, and BTC wallet. Generally, the withdrawal fee is required and the processing time for withdrawals can be as long as 5 days.

Related broker

No Regulation
Aquilabit
Company name:Aquilabit
Score
1.52
5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.52

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