AIRA foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.aira.co.th/register.aspx, about the company's legal and temporary regulatory information, the company's address .
AIRA Forex Broker
Basic Information
Thailand
5-10 years Suspicious Regulatory License Suspicious Scope of Business High potential riskCompany profile
Rating Index
AIRA Forex Broker - Comprehensive Information Guide
1. Broker Overview
AIRA, officially known as AIRA Securities Public Company Limited, was founded in 2014 and is headquartered in Bangkok, Thailand. The company operates as a private entity and primarily serves retail and institutional clients in the financial markets. Over the past decade, AIRA has established itself in the trading industry, providing a range of financial services that cater to diverse trading needs.
AIRA's journey began with a focus on equities and derivatives, and it has since expanded its offerings to include investment banking, global trading, and wealth management services. The company has reached several significant milestones, including the development of its proprietary trading platform, AIRA Trade, which is designed to enhance the trading experience for its users.
As a broker, AIRA operates in a highly competitive environment, aiming to attract both local and international clients. Its business model focuses on providing comprehensive trading solutions, including equities, derivatives, and various investment products, making it a versatile player in the financial sector.
2. Regulatory and Compliance Information
AIRA is not regulated by any major financial authority, which raises concerns regarding its operational legitimacy. This lack of regulation means that AIRA does not adhere to the strict compliance standards set by regulatory bodies, which can pose significant risks to traders. According to sources, AIRA's regulatory index stands at 0.00, indicating a complete absence of regulatory oversight.
The company operates under the jurisdiction of Thailand, but it lacks valid regulatory licenses. This absence of oversight means that AIRA does not have to follow the rules and regulations typically enforced by regulatory agencies, which can lead to potential risks for traders. Additionally, AIRA does not participate in any investor compensation schemes, which further heightens the risk for clients.
To mitigate risks, AIRA claims to implement Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures; however, the effectiveness of these measures remains questionable due to the lack of regulatory supervision. Traders are advised to exercise caution when dealing with AIRA due to its unregulated status.
3. Trading Products and Services
AIRA offers a diverse range of trading products and services, catering to various market segments. The broker provides access to numerous forex currency pairs, including major, minor, and exotic pairs, allowing traders to engage in global currency trading.
In addition to forex, AIRA offers Contract for Difference (CFD) products that span various asset classes, including:
- Indices: Major global indices are available for trading.
- Commodities: Traders can access popular commodities such as oil and gold.
- Stocks: AIRA provides trading opportunities in various equities.
- Cryptocurrencies: The broker also offers trading in select cryptocurrencies, catering to the growing demand for digital assets.
AIRA's product offering is continuously updated, with new instruments added to meet market demand. The broker's retail trading services are supplemented by institutional client services, which include tailored solutions for larger clients.
4. Trading Platform and Technology
AIRA utilizes its proprietary trading platform, AIRA Trade, which is designed to cater to the needs of experienced traders. Unfortunately, it does not support popular platforms like MetaTrader 4 (MT4) or MetaTrader 5 (MT5), limiting options for traders who prefer these widely used platforms.
The AIRA Trade platform is accessible via web and mobile applications, supporting both iOS and Android devices. The platform is equipped with various trading tools and features, providing users with the necessary resources to execute trades effectively.
AIRA operates its trading infrastructure from servers located in the United States, ensuring low latency and high-speed execution for traders. The broker also supports API access, enabling automated trading solutions for clients who prefer algorithmic trading strategies.
5. Account Types and Trading Conditions
AIRA offers multiple account types to cater to different trading preferences. The standard account conditions include:
- Minimum Deposit: The minimum deposit requirement is 100,000 THB (approximately $3,000).
- Spreads and Commissions: AIRA's global trading on foreign securities has a commission of $0.04 per share, with a minimum order fee of $10.
For advanced traders, AIRA may offer specialized account types, including VIP accounts with enhanced features. The broker also provides Islamic accounts for clients seeking Sharia-compliant trading options.
AIRA supports a demo account feature, allowing potential clients to practice trading without financial risk. The leverage offered by AIRA varies across different products, with maximum leverage ratios reaching up to 1:100. Minimum trade sizes are set according to account types, and overnight fees apply based on the positions held.
6. Fund Management
AIRA supports various deposit methods, including:
- Bank Transfers
- Credit Cards
- E-Wallets
The minimum deposit requirement varies by account type, with 100,000 THB being the standard for retail accounts. Deposits are processed relatively quickly, typically within 1-3 business days, depending on the method used.
While AIRA does not specify any deposit fees, clients should be aware of potential charges from their payment providers. Withdrawal options include bank transfers and other electronic methods, with processing times ranging from 1 to 5 business days. AIRA has not disclosed any specific withdrawal fees, but clients are advised to check with the broker for detailed information.
7. Customer Support and Educational Resources
AIRA provides several customer support channels, including:
- Phone Support: Available at +66 0-2080-2899.
- Email Support: Clients can reach out via global_invest@aira.co.th.
- Online Chat: Available on the AIRA website.
- Social Media: AIRA maintains a presence on platforms like Facebook, Twitter, and LinkedIn.
Customer support is available during business hours, but specific service hours and time zone coverage have not been disclosed. AIRA offers support in multiple languages to cater to its diverse client base.
In terms of educational resources, AIRA provides various tools, including webinars, tutorials, and e-books to help traders enhance their skills. Market analysis services, such as daily reports and research updates, are also available to keep clients informed about market trends.
8. Regional Coverage and Restrictions
AIRA primarily serves clients in Thailand and the surrounding regions, with the potential to expand its services to international markets. The company has established a local presence in Bangkok, which acts as its main operational hub.
However, AIRA does not accept clients from certain jurisdictions, including countries where regulatory restrictions may apply. Specific countries or regions from which AIRA does not accept clients have not been disclosed, and interested traders should consult the broker for up-to-date information.
In summary, AIRA presents itself as a versatile broker offering a range of trading products and services. However, the lack of regulation raises concerns for potential clients, and traders are advised to conduct thorough due diligence before engaging with AIRA broker.