AE Trade foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://aetradeltd.com/en/index, about the company's legal and temporary regulatory information, the company's address 96 WADSWORTH BLVD NUM 127-3255 LAKEWOOD, CO 80226 U.S.A.
AE Trade, officially known as AE Trade Ltd., was established in 2022. The company is headquartered in Lakewood, Colorado, USA, with its primary office located at 96 Wadsworth Blvd, Num 127-3255, Lakewood, CO 80226, U.S.A. AE Trade operates as a private entity, focusing on providing trading services to a diverse clientele, including retail and institutional investors.
Since its inception, AE Trade has aimed to create a transparent trading environment, working with world-class accounting firms to audit trading volumes and client financial assets quarterly. This commitment to transparency is a cornerstone of the AE Trade broker's operational ethos. The broker's development journey has been marked by significant milestones, including the launch of its trading platform and the expansion of its service offerings to include various global trading assets.
AE Trade operates primarily in the retail forex market, providing services that cater to both individual traders and institutional clients. The company offers a variety of trading instruments, including CFDs on forex, commodities, indices, and cryptocurrencies, allowing clients to engage in a wide range of trading activities.
AE Trade is currently classified as a "suspicious clone" broker, meaning it lacks valid regulatory oversight. The broker does not hold licenses from major regulatory bodies such as the National Futures Association (NFA) or the Financial Conduct Authority (FCA). The absence of a valid regulatory license raises concerns about the safety of client funds and the overall legitimacy of the broker's operations.
The company adheres to basic KYC (Know Your Customer) and AML (Anti-Money Laundering) compliance measures, requiring clients to verify their identities during the account opening process. However, as it stands, AE Trade does not participate in any investor compensation schemes, which poses a risk for potential investors.
Client funds are reportedly held in segregated accounts, but without regulatory oversight, the effectiveness of this policy remains uncertain. The lack of regulatory supervision means that clients may have limited recourse in the event of disputes or issues with withdrawals.
AE Trade offers an extensive range of trading products, catering to various market interests. The broker provides access to over 50 currency pairs, including major, minor, and exotic forex pairs. In addition to forex trading, AE Trade offers a variety of CFDs, including:
The broker frequently updates its product offerings, introducing new trading instruments as market demand evolves. AE Trade primarily focuses on retail trading services but also caters to institutional clients by providing tailored solutions and liquidity options.
AE Trade supports the widely recognized MetaTrader 5 (MT5) trading platform, which is known for its user-friendly interface and advanced trading features. The platform allows traders to execute trades, analyze market trends, and utilize automated trading strategies through Expert Advisors (EAs).
In addition to MT5, AE Trade offers a proprietary web-based trading platform, enabling clients to trade from any device with internet access. The broker also provides mobile applications compatible with both iOS and Android, allowing for trading on the go.
The execution model employed by AE Trade is primarily ECN (Electronic Communication Network), providing clients with direct access to liquidity providers and ensuring competitive spreads. The broker's servers are strategically located to ensure fast execution speeds, typically under 40 milliseconds.
API access is available for clients interested in algorithmic trading, allowing for the integration of custom trading solutions and automated strategies.
AE Trade offers a variety of account types to meet the needs of different traders. The primary account options include:
The broker provides a demo account option, allowing potential clients to practice trading without risking real capital. Leverage ratios vary by account type and trading instrument, typically ranging from 1:100 to 1:500.
Minimum trade sizes are set at 0.01 lots, and overnight fees apply to positions held beyond the specified time frame.
AE Trade supports multiple deposit methods, including bank transfers, credit cards, and various e-wallet options. The minimum deposit requirement varies by account type, with standard accounts starting at $100.
Deposit processing times are generally quick, with most transactions completed within 1-3 business days. AE Trade does not charge deposit fees, making it cost-effective for clients to fund their accounts.
Withdrawal methods are similar to deposit options, and the broker aims to process withdrawal requests within 1-5 business days. However, clients should be aware of potential withdrawal limits and fees that may apply based on their account type and withdrawal method.
AE Trade provides customer support through various channels, including telephone, email, and online chat. The support team is available from Monday to Friday, covering multiple time zones to assist clients globally. The broker offers multilingual support, catering to clients from diverse backgrounds.
In terms of educational resources, AE Trade provides access to webinars, tutorials, and eBooks aimed at enhancing traders' knowledge and skills. The broker also offers market analysis services, including daily updates, news, and research reports to help clients make informed trading decisions.
Additionally, AE Trade provides various trading tools, such as economic calendars, pip calculators, and signal services, to assist traders in their trading activities.
AE Trade primarily serves clients in the United States and other international markets. The broker has regional offices to enhance its service delivery and cater to local market needs. However, due to regulatory restrictions, AE Trade does not accept clients from certain jurisdictions, including countries with strict trading regulations.
It is essential for potential clients to verify their eligibility to open an account with AE Trade based on their location and the broker's policies. The company aims to provide a seamless trading experience while ensuring compliance with applicable laws and regulations.
In conclusion, AE Trade broker offers a range of trading products and services, supported by a robust trading platform and customer service. However, potential clients should exercise caution due to the lack of regulatory oversight and conduct thorough research before investing.
FX1525344715
Netherlands
My ride with AE Trade felt more like an arduous trek through forex wilderness than a smooth drive on a trading highway. They've got some serious revamping to do if they dream of clinching the ace trader's choice spot. Until then, it's a thumbs-down review from this trader!
37130
2023-12-02
FX1525503334
Cyprus
Slippage was annoyingly frequent; it was like trying to catch a bus only to see it pull away as you arrived. Prices I hoped for were often missed, with the executed price higher than expected. Spreads were as wide as the Grand Canyon, especially for the EUR/USD, and their commissions stung like paying delivery fees for a store next door - profits knocked down a peg or two! Withdrawing funds? Think of it as waiting for a snail to cover a mile. Seems like forever, right? That’s exactly how it felt. Their trading signals were as dodgy as a compass in a magnetic field.
37130
2023-12-04