AE Trade Forex Broker

Note: AE Trade's official website: https://aetradeltd.com/ is currently inaccessible normally.AE TradeReview SummaryFounded2023Registered Country/RegionUnited StatesRegulationNo regulationMarket InstrumentsForex, stocks, indices, commodities, bitcoin, metals and energyDemo Account✅LeverageUp to 1:200SpreadFrom 0.1 pipsTrading PlatformMT5Min Deposit$250Customer SupportEmail: support@aetradeltd.comAddress: 96 WADSWORTH BLVD NUM 127-3255 LAKEWOOD, CO 80226 U.S.AAE Trade Information AE Trade is an unregulated broker, offering trading on forex, stocks, indices, commodities, bitcoin, metals and energy with leverage up to 1:200 and spread from 0.1 pips via the MT5 trading platform. The minimum deposit requirement is as high as $250.Pros and ConsPros Cons Tight spreadsUnregulated statusVarious trading productsShort operating historyMT5 platformFew contact channelsHigh minimum deposit requirementIs AE Trade Legit? No. It is registered in the United States within 1 year. It has no valid regulations currently. It does not offer guaranteed funds or segregated accounts.What Can I Trade on AE Trade?Tradable Instruments Supported Forex ✔Stocks ✔Indices ✔Commodities ✔Bitcoin ✔Metals and energy ✔Bonds❌Options❌ETFs❌Account Type Here are four account types AE Trade offers:Account TypeMin DepositBronze $250Silver$2 500Gold$25 000Platinum$100 000Leverage AE Trade offers flexible leverage options, varying by account type.Account TypeMax LeverageBronze 1:200Silver1:200GoldUpon on requestPlatinumUpon on requestAE Trade Fees The spread is from 0.1 pips. Aextrade claims not to charge transaction fees.Trading Platform Aextrade claims to offer traders MT4. But the installation file is actually of the newer MT5 version of the software.Trading PlatformSupported Available Devices Suitable for MT5✔WebExperienced tradersMT4❌/BeginnersDeposit and Withdrawal The broker accepts payments done via wire transfer, payment processors such as Revolut and AllPaySoft, and cryptocurrencies. No minimum withdrawal amount defined and no fees or charges specified.