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AZ TRADES Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-09-19 12:13

Abstract:AZ Trades is an unregulated foreign exchange broker registered and located in the United Kingdom. It offers various trading instruments and seven types of accounts traded through MT4 plstform.

  Note: AZ TRADES' official website: https://www.aztrades.com is currently inaccessible normally.

  AZ Trades is an unregulated foreign exchange broker registered and located in the United Kingdom. It offers various trading instruments and seven types of accounts traded through MT4 plstform.

AZ Trades' homepage

Pros and Cons

ProsCons
Seven types of accounts offeredUnregulated
Flexible leverageInaccessible website
MT4 trading platform offered
Multiple methods to deposit and withdrawal

Is AZ TRADES Legit?

  AZ Trades is operated by AZ Markets Ltd., an offshore entity registered in St. Vincent and the Grenadines. As AZ Trades lacks licensing from any reputable global Forex regulatory authority, it is considered an unreliable Forex broker. Besides, their website is not available. Consequently, it could potentially run its business in any manner it chooses without oversight.

What Can I Trade on AZ TRADES?

  AZ TRADES offers over 55 forex currency pairs, indices, CFDs on commodities, gold, silver, and oil, and over 20 cryptocurrencies

Tradable InstrumentsSupported
Forex✔
Commodities✔
Indices✔
Cryptocurrencies✔
Precious Metals✔
ETFs❌
Bonds❌
Mutual Funds❌

Account Type

  AZ TRADES provides ClassicI, slamic, Variable, Silver, Gold, VIP and Crypto accounts with the minimum deposits of $200, $200, $2,500, $10, 000, $25, 000, $50,000 and $5,000. Besides, it also offers different leverage for each account: up to 100x for the Crypto account, up to 200x for the Islamic and VIP accounts, and up to 400x for the Classic, Variable, Silver and Gold accounts.

Account TypeMinimum DepositLeverage
Classic$200Up to 400x
Islamic$200Up to 200x
Variable$2,500Up to 400x
Silver$10,000Up to 400x
Gold$25,000Up to 400x
VIP$50,000Up to 200x
Crypto$5,000Up to 100x

Trading Platform

  AZ TRADES offers Forex Trading services via MetaTrader 4, MT4 Mobile and Web trading platforms.

MT4

Deposit and Withdrawal

  In AZ TRADES, you can deposit your money from Bank Wire (BankTransfer/SWIFT), VISA, and MasterCard, currency USD and EUR available.

Deposit Options

Deposit OptionsMin. DepositProcessing Time
VISA$200Instant
Bank Wire3 to 5 days
MastercardInstant

Withdrawal Options

  You can only withdraw funds to your Credit/Debit card up to the amount you initially deposited. Once this limit is reached, youll need to use Bank Wire Transfer for further withdrawals. Additionally, for withdrawals, you also have the options of AMEX, paysafecard, and CASH. Withdrawal requests should be fully processed from between 1 to 5 business days.

Payment options

Customer Service

  AZ TRADES supports phone and email to contact. They are available from 08:00 to 18:00 on days when the markets are open.

Contact OptionsDetails
Phone+44 (0) 203 769 2799
Emailsupport@aztrades.com
Support Ticket System❌
Online Chat❌
Social Media❌
Supported LanguageEnglish
Website Language❌
Physical Address160 Kemp House, City Road, London, EC1V 2NX. United Kingdom

The Bottom Line

  AZ TRADES offers forex services for their traders using the popular MT4. Traders can choose different types of accounts and various trading instruments. But there are also many risks associated with it, including unregulated status and unavailable website. Traders can choose other brokers who regulated well and present more transparent transction information.

FAQs

  Is AZ TRADES good for beginners?

  No, because AZ TRADES is not a regular broker who regulated and offers reliable financial information.

  What security measures does AZ TRADES have in place to protect my funds and personal information?

  No.

  At AZ TRADES, are there any regional restrictions for traders?

  Yes. It does not provides services for the residents of Canada and the United States.

Related broker

No Regulation
AZ TRADES
Company name:Az Trades Invest Ltd
Score
1.55
Website:https://www.aztrades.com
5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.55

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