AIKO Markets

AIKO Markets Information

AIKO Markets is an online financial trading platform that supports trading in multiple asset classes, including foreign exchange, cryptocurrencies, stocks, indices, and commodities. It offers various account types to cater to both novice and experienced traders. However, AIKO Markets lacks regulation.

Pros and Cons

Is AIKO Markets Legit?

AIKO Markets is unregulated, and the official website of the platform does not explicitly disclose any information about regulatory authorities (such as the FCA, ASIC, etc.).

What Can I Trade on AIKO Markets?

AIKO Markets offers the following types of trading assets: forex, indices, commodities, metals, stocks, and cryptocurrencies.

Account Type

The platform offers three account types, all supporting the True ECN/STP execution model and using the TradeLocker trading platform

AIKO Markets Fees

AIKO Markets offers lower spreads for major currency pairs, such as a spread of 6 for EUR/USD, while spreads for cryptocurrencies and cross-currency pairs are higher. The Scalp account charges $14 per trade, and the True ECN account charges as low as $7 per trade.

Additionally, BTC deposits are free of charge, while other cryptocurrencies (such as ETH and USDT) incur a 2.5% handling fee.

Leverage

The platform offers a maximum leverage of 1:500, applicable to foreign exchange and cryptocurrency trading.

Trading Platform

AIKO Markets provides the TradeLocker trading platform, where traders can use TradingView chart analysis tools to assist with investment decisions.

Deposit and Withdrawal

Deposit methods support cryptocurrency deposits such as BTC, ETH, XRP, and USDT. There is no fee for BTC deposits, while a 2.5% fee is charged for other currencies.

Bonus

After verifying your account, you can earn points by making a deposit. For every 1 lot traded, you can convert the points into $5 cash, which can be used for trading or withdrawn. The funds cannot be transferred to other accounts.

评论

I tried the Scalp account for a month. It's user-friendly as you can open a position with just $10, and the forex spreads are lower than those of the previous platform I used (for example, EUR/USD is only 6 pips).

I came for the 1:500 leverage and opened a True ECN account. The $7 commission is cheaper than other platforms. I traded gold and US stock indices, and the platform's order placement speed is acceptable.