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AAX foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.aax.com/sign-up, about the company's legal and temporary regulatory information, the company's address .

AAX Forex Broker

Basic Information

Registered Region

Hong Kong

Operating Period

Company Name

Atom International Technology Ltd

Abbreviation

AAX

Company employee

Company Website

https://www.aax.com

Facebook

https://www.facebook.com/AAXAsia

https://twitter.com/AAXExchange

Instagram

https://www.instagram.com/aaxexchange/

http://linkedin.com/company/aax-atom-asset-exchange

Keywords

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

Company profile

Aspect Information Registered Country/Area China Founded Year 2-5 years Company Name Atom International Technology Ltd Regulation No regulation Minimum Deposit No specific information available Maximum Leverage No specific information available Spreads No specific information available Trading Platforms Mobile app for Android and iOS devices, Webtrader Tradable Assets Cryptocurrencies including Bitcoin, Ethereum, LUNA, AVAX, SAND, MATIC, ADA, ATOM, SHIB, and XRP Account Types No specific information available Demo Account No specific information available Islamic Account No specific information available Customer Support 24x7 customer support through live chat, active Telegram channels, Twitter, Facebook, Instagram, YouTube, and a comprehensive FAQ section Payment Methods Traditional methods like credit and debit cards, bank transfers, and Visa and MasterCard transactions Educational Tools AAX Trends educational hub provides training tutorials, exchange guides, trading tutorials, and general cryptocurrency topics Overview of AAX AAX, operated by Atom International Technology Ltd, is a cryptocurrency exchange based in China. However, it lacks proper regulation. The absence of valid regulatory oversight raises potential risks, and caution is advised when considering engagement with AAX. AAX offers a wide range of market instruments, primarily focusing on cryptocurrencies. Traders can access over 200 cryptocurrencies on the platform, including popular options such as Bitcoin (BTC), Ethereum (ETH), and XRP. These instruments provide users with opportunities to engage in various trading strategies and capitalize on the volatility of the cryptocurrency market. While AAX provides a mobile app and a web trader platform for trading, there are limitations and potential risks. The one-minute trading option, although quick, is highly volatile and considered risky due to the challenging market evaluation within such a short timeframe. Additionally, reviews on WikiFX indicate complaints about the platform, including allegations of fraud, difficulties in fund withdrawals, and poor customer service. Overall, AAX lacks proper regulation and has received negative feedback from users. Traders should exercise caution and thoroughly evaluate the platform's offerings and reputation before engaging in any transactions. Pros and Cons AAX, a cryptocurrency exchange, has several pros and cons. On the positive side, it offers a diverse range of cryptocurrencies for trading, providing users with ample options. The platform also allows for various trading strategies, catering to different preferences. AAX's user-friendly mobile app and web trader make trading accessible. Additionally, it offers promotions, bonuses, and trading contests, keeping users engaged. On the downside, AAX lacks proper regulation, which poses potential risks. Information on account types is limited, and there may be potential issues with withdrawals and account logins. Negative user reviews and complaints have been reported, and customer support channels are limited. The exchange provides educational resources for users, but information on fees and withdrawal procedures is not readily available. Lastly, the main website of AAX is currently down, which may cause inconvenience to users. Pros Cons Offers a diverse range of cryptocurrencies Lack of proper regulation Provides opportunities for various trading strategies Limited information on account types User-friendly mobile app and web trader Potential withdrawal and account login issues Offers promotions, bonuses, and trading contests Negative user reviews and complaints Multiple deposit options Limited customer support channels Provides educational resources for users Limited information on fees and withdrawal procedures Built-in calculator for profit/loss calculations Main website is currently down Is AAX Legit？ AAX lacks proper regulation. It is important to note the absence of any valid regulatory oversight. This lack of regulation poses potential risks, and it is essential to exercise caution when engaging with AAX. Market Instruments Cryptocurrencies: AAX offers a diverse range of market instruments, including Bitcoin and Ethereum futures as well as spot trading. Traders can access over 200 cryptocurrencies on the platform, including popular options such as BTC, ETH, LUNA, AVAX, SAND, MATIC, ADA, ATOM, SHIB, and XRP. These instruments provide users with opportunities to engage in various trading strategies and capitalize on the volatility of the cryptocurrency market. Pros Cons Diverse range of market instruments, including futures and spot trading Potential risks associated with the volatility of cryptocurrencies Access to over 200 cryptocurrencies, including popular options Lack of detailed information on specific instruments Opportunities to engage in various trading strategies Limited availability of certain less popular cryptocurrencies Account Types No specific information regarding the account types offered by AAX could be found on their website. It is recommended to visit the official AAX website or contact their customer support for detailed information regarding the available account types and their associated features and benefits. How to Open an Account？ Here are the steps to open an account on AAX: Click on the “Sign-Up” button on the AAX website. Fill in the required details to create your account. Verify your email address by clicking on the verification link in the email sent by AAX. If desired, complete the optional KYC procedures by providing identification and address proof documents. Fees AAX implements a maker and taker fee model for trading. The trading fees for crypto market and limit orders range from 0.060% to 0.100%. Taker fees are set at 0.10%. However, traders can benefit from reduced fees as low as 0.010% based on their 30-day rolling trading volume. AAX users also have the option to utilize the native token AAB to receive a fee reduction of up to 20%. The exchange offers a tiered fee structure with additional discounts available for futures, OTC trading, and spot trading, providing users with opportunities to optimize their trading costs. Promotions & Bonus AAX offers various promotions and bonuses to help users earn additional rewards. In addition to the referral program, where users can earn 20 USDT for each referral, there are friend invitation contests, promotions, bonuses, lotteries, and trading contests with exciting prizes. These incentives keep traders engaged and encourage them to stay on the platform for better chances of winning. Through the referral program, users can also earn a 20% rebate on their referrals' spot trading journey, allowing them to earn more as their referrals trade more. Deposit & Withdrawal AAX allows users to deposit digital assets without any fees, including transfers from hard storage devices to the AAX wallet and internal transfers between AAX accounts. However, fiat withdrawals on the exchange are subject to fees, with a minimum withdrawal amount. For Bitcoin withdrawals, a fee of 0.0004 BTC is charged. AAX offers various payment methods for depositing funds, including traditional methods like credit and debit cards, bank transfers, and Visa and MasterCard transactions. The exchange does not impose additional fees for deposits and does not charge fees for OTC trading. Users are advised to review the platform's trading fee structure for more information. Pros Cons No fees for depositing digital assets, including transfers between AAX accounts Fiat withdrawals subject to fees and minimum withdrawal amount Offers various payment methods for depositing funds Bitcoin withdrawals charged a fee of 0.0004 BTC No additional fees for deposits and no fees for OTC trading Limited information on the trading fee structure and withdrawal procedures Trading Platforms AAX provides a mobile app for on-the-go trading. The app is available on both Android and iOS devices, allowing users to access all the features of the platform. Users can sign up, verify their details, and trade directly from their mobile devices. The app is user-friendly and does not require high-end devices or fast internet connections. Web trader: In addition to the mobile app, AAX offers an easy-to-use trading platform. The platform supports multiple languages, catering to a global audience. AAX Trends, an educational hub, provides valuable resources such as training tutorials, exchange guides, and trading tutorials. The platform also facilitates P2P fiat trading, lending, and spot trading, catering to different trading preferences. With over 200 cryptocurrencies available for trading, users have a wide range of options. For traders looking for quick trading options, AAX offers one-minute trading, where orders are closed within a minute. However, this type of trading is highly volatile and considered risky, as market evaluation within such a short timeframe is challenging. AAX also offers opportunities to earn interest through savings accounts and DeFi mining. Users can lock their assets for a specific period and earn up to 60% APY on most assets, with special offers reaching up to 150% APY. For higher-risk options, DeFi mining can provide an interest rate of up to 40% within a 7-day period. Pros Cons Provides a mobile app for on-the-go trading One-minute trading is highly volatile and considered risky User-friendly trading platform with multiple language support Limited market evaluation within one-minute trading Offers valuable educational resources through AAX Trends Potential risks associated with highly volatile trading options Allows P2P fiat trading, lending, and spot trading No popular trading platforms available Trading Tools AAX provides traders with a built-in calculator that enables them to calculate profits and losses for closed trades. The calculator allows users to determine their liquidation price and ROE (Return on Equity) percentage, providing valuable insights to plan trades and mitigate potential losses. Educational Resources AAX provides comprehensive educational resources to support its users. Through AAX Trends, an educational hub, users have access to a wide range of guiding content. This includes training tutorials, exchange guides, trading tutorials, and general cryptocurrency topics. Users can also find future guides and other useful resources. The educational materials aim to empower users with knowledge and understanding of cryptocurrency trading. Customer Support AAX cryptocurrency exchange provides robust 24x7 customer support. Users can reach out to the platform's service agents through the live chat feature, where highly knowledgeable and helpful agents are available to address queries. AAX maintains active Telegram channels and engages with users through Twitter, Facebook, Instagram, and YouTube, providing additional avenues for communication and learning about the exchange's products. The platform also offers a user-friendly support center with a comprehensive Frequently Asked Questions (FAQ) section, allowing users to find answers to common inquiries. Reviews According to the reviews on WikiFX, AAX is criticized for being a fraud platform and for not allowing users to withdraw their funds. One user claimed to be unable to withdraw a significant amount and was asked to pay taxes within 48 hours, with the scammer being identified as Lin Jiaqi from China mainland. Another user complained about various fees and deposits required for withdrawal, ultimately leading to a blocked account and inability to log in, with poor customer service. Conclusion In conclusion, AAX has both advantages and disadvantages. On the positive side, AAX offers a diverse range of market instruments, including cryptocurrencies like Bitcoin and Ethereum futures, allowing users to capitalize on the volatility of the cryptocurrency market. The platform also provides a mobile app and a web trader. Additionally, AAX offers various promotions and bonuses, incentivizing traders to stay on the platform. However, it is important to note that AAX lacks proper regulation, posing potential risks for users. The absence of information regarding account types and negative user reviews about fund withdrawals and customer service further raise concerns. Therefore, caution should be exercised when considering engaging with AAX. FAQs Q: Is AAX a legitimate company？ A: AAX lacks proper regulation and poses potential risks. Exercise caution when engaging with AAX. Q: What market instruments does AAX offer？ A: AAX offers a wide range of cryptocurrencies for futures and spot trading. Q: What are the fees on AAX？ A: AAX implements a maker and taker fee model, with reduced fees based on trading volume and the option to use the native token AAB for fee reductions. Q: How can I open an account on AAX？ A: Follow the steps on the AAX website to create an account and verify your email. Optional KYC procedures may be required. Q: What promotions and bonuses does AAX offer？ A: AAX offers various promotions, bonuses, and contests to reward users, including a referral program. Q: What are the deposit and withdrawal options on AAX？ A: AAX allows fee-free deposits of digital assets but charges fees for fiat withdrawals. Various payment methods are available for deposits. Q: What trading platforms does AAX provide？ A: AAX offers a mobile app for on-the-go trading and a web trader platform with educational resources. Q: What trading tools does AAX provide？ A: AAX provides a built-in calculator to calculate profits and losses for trades. Q: Does AAX offer educational resources？ A: Yes, AAX provides comprehensive educational resources through AAX Trends, including tutorials and guides. Q: How is AAX's customer support？ A: AAX offers 24x7 customer support through live chat, social media channels, and a support center with FAQs. Q: What are the reviews about AAX？ A: Some reviews on WikiFX raise concerns about AAX being a fraud platform and difficulties with fund withdrawals.

AAX broker review

Is AAX safe or scam

Rating Index

How to login to AAX?

AAX Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a AAX Account Creating an account on AAX is the first step to accessing its features and trading capabilities. Follow these detailed steps to successfully register yo

AAX Forex Broker - Complete Information Guide

1. Broker Overview

　　AAX, short for Atom Asset Exchange, is a cryptocurrency exchange founded in 2018. The company is operated by Atom International Technology Ltd, with its headquarters located in Seychelles. AAX positions itself as a leading platform catering to both retail and institutional traders, aiming to bridge the gap between traditional finance and the burgeoning cryptocurrency market.

　　The exchange has witnessed significant growth since its inception, with notable milestones including its launch in 2019 and subsequent expansions into various markets across Asia and beyond. AAX primarily serves a diverse clientele, including individual traders, institutional investors, and businesses looking to engage in cryptocurrency trading.

　　AAX is known for its commitment to providing a user-friendly trading experience, leveraging advanced technology to optimize trading efficiency. The platform offers a range of services, including spot trading, futures contracts, and over-the-counter (OTC) trading, making it a versatile choice for traders of all levels.

　　As a private company, AAX focuses on creating a secure and scalable trading environment, continuously enhancing its offerings to meet the evolving needs of its users. The platform is designed to cater to high-frequency trading and institutional-grade services, reflecting its ambition to be at the forefront of the cryptocurrency exchange landscape.

2. Regulatory and Compliance Information

　　AAX operates without a formal regulatory license, which raises potential risks for its users. The exchange is registered in Seychelles, but it has not opted for any specific regulatory oversight from major financial authorities. As a result, AAX does not have a regulatory number or a valid license that provides investor protection.

　　The lack of regulation means that AAX does not participate in investor compensation schemes, which are typically designed to protect clients in the event of a broker's insolvency. Additionally, the exchange does not have a clear policy on the segregation of client funds, which is a common practice among regulated brokers to ensure that client assets are protected.

　　AAX implements Know Your Customer (KYC) and Anti-Money Laundering (AML) measures, requiring users to provide identification and verification documents to enhance security. However, the extent of these measures may vary, and users should be aware of the potential risks associated with trading on an unregulated platform.

3. Trading Products and Services

　　AAX offers a wide range of trading products, primarily focusing on cryptocurrencies. The platform supports over 200 digital assets, including popular cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP). Traders can engage in spot trading, futures contracts, and OTC trading, providing them with ample opportunities to capitalize on market volatility.

　　The exchange also allows for trading in various currency pairs, catering to both retail and institutional clients. AAX continuously updates its product offerings, introducing new cryptocurrencies and trading pairs to meet the demands of its users. Additionally, the platform provides unique features such as staking rewards and savings accounts, where users can earn interest on their holdings.

　　AAX's commitment to innovation is evident in its focus on high liquidity and fast transaction speeds, which are essential for traders looking to execute orders efficiently. The exchange aims to provide a comprehensive trading experience, making it suitable for traders of all levels, from beginners to experienced professionals.

4. Trading Platform and Technology

　　AAX offers a proprietary trading platform that is designed to provide users with a seamless trading experience. While it does not support MetaTrader 4 or MetaTrader 5, AAX has developed its own web-based trading platform that is user-friendly and accessible.

　　The platform is optimized for speed and efficiency, with advanced technology that allows for quick order execution and real-time market data. AAX also provides a mobile application available on both iOS and Android, enabling traders to manage their accounts and execute trades on the go.

　　In terms of execution models, AAX employs a market-making approach, which allows for liquidity provision and competitive pricing. The exchange is equipped with robust technical infrastructure, ensuring that it can handle high volumes of transactions while maintaining system stability.

　　Furthermore, AAX supports API access for automated trading, allowing users to integrate their trading strategies into the platform. This feature is particularly beneficial for institutional clients and high-frequency traders looking to leverage technology for optimal trading performance.

5. Account Types and Trading Conditions

　　AAX offers a variety of account types tailored to different trading needs. The standard account requires a minimum deposit, typically around $100, and provides access to a wide range of trading features. The platform operates on a tiered fee structure, with competitive spreads and commissions that vary based on trading volume.

　　For advanced traders, AAX may offer specialized accounts, such as VIP or professional accounts, which provide enhanced features and lower trading costs. However, detailed information regarding these advanced account types is not readily available.

　　AAX also allows for leverage of up to 1:100, enabling traders to maximize their exposure to the market. The minimum trade size and overnight fees vary depending on the specific asset being traded, and users are encouraged to review the platform's terms for detailed information.

　　The absence of a demo account policy limits the ability of new traders to practice trading strategies without financial risk. However, the exchange provides educational resources to help users familiarize themselves with the trading environment.

6. Fund Management

　　AAX supports various deposit methods, including bank transfers, credit cards, and cryptocurrency transfers. The minimum deposit requirement may vary depending on the account type, but it generally starts at $100. Deposits are processed quickly, allowing users to fund their accounts and begin trading with minimal delay.

　　AAX does not charge fees for deposits, making it cost-effective for users to fund their trading accounts. However, withdrawal methods may include fees, particularly for fiat withdrawals, with a standard fee of 0.0004 BTC for cryptocurrency withdrawals.

　　The processing time for withdrawals can vary, with some requests being processed instantly while others may take longer depending on the method used. Users should be aware of the potential for withdrawal limits and fees, which may apply based on account activity and verification status.

7. Customer Support and Educational Resources

　　AAX provides customer support through multiple channels, including email and phone support. However, the absence of live chat may limit the responsiveness of the support team during peak times. The exchange aims to assist users with their inquiries and issues, but response times may vary.

　　The platform supports several languages, making it accessible to a global audience. AAX also offers educational resources, including tutorials, webinars, and market analysis, to help users enhance their trading knowledge and skills.

　　Through its educational hub, AAX provides valuable insights into cryptocurrency trading, enabling users to make informed decisions. The exchange also offers tools such as profit and loss calculators to assist traders in managing their investments effectively.

8. Regional Coverage and Restrictions

　　AAX primarily serves markets in Asia and beyond, with a focus on providing services to both retail and institutional clients. The exchange has established a presence in various regions, although it does impose restrictions on certain countries.

　　Notably, AAX does not accept clients from the United States, Canada, and several other jurisdictions where regulatory compliance may pose challenges. Users should verify their eligibility to use the platform based on their location and ensure compliance with local laws.

　　In summary, while AAX offers a diverse range of products and services, potential users should exercise caution due to the lack of regulatory oversight and the associated risks. The exchange's commitment to providing a secure trading environment and educational resources can be appealing, but users must carefully consider their options before engaging with AAX.

　　Conclusion

　　In conclusion, AAX presents itself as a competitive player in the cryptocurrency exchange market, offering a wide range of products and services tailored to various trading needs. However, the lack of regulatory oversight and the potential risks associated with trading on an unregulated platform should be carefully evaluated by prospective users. As the cryptocurrency landscape continues to evolve, AAX's ability to adapt and enhance its offerings will be crucial in maintaining its position in the market.

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