Aksys Global Markets foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://portal.aksysglobalmarkets.com/register/, about the company's legal and temporary regulatory information, the company's address The Catalyst, 40 Silicon Avenue, Suite 201, 2nd Floor, Ebene Cybercity, 72201, Mauritius.
Aksys Global Markets Forex Broker
Basic Information
Mauritius
2-5 years Suspicious Regulatory License MT5 Full License Regional Brokers High potential riskCompany profile
Rating Index
Standard
Classic
Aksys Global Markets Forex Broker - Complete Information Guide
1. Broker Overview
Aksys Global Markets, established in 2022, is a licensed investment dealer firm headquartered in Ebene Cyber City, Mauritius. The company operates as a privately held entity, focusing on providing a diverse range of trading services to both retail and institutional clients. With a foundation built on principles of honesty, transparency, trust, and alignment, Aksys Global Markets aims to deliver competitive access to financial markets throughout the entire trading journey.
The firm primarily serves the Middle Eastern, African, and European markets, catering to a clientele that includes both novice and experienced traders. Despite its relatively short history, Aksys Global Markets has rapidly established its presence in the financial services industry, emphasizing quality service and innovative trading solutions. The company operates under the regulatory supervision of the Mauritius Financial Services Commission (FSC), which enhances its credibility in the trading community.
Aksys Global Markets offers a variety of trading products, including forex, commodities, indices, and cryptocurrencies, and is committed to raising investment standards through its unique approach to client relations and service delivery. The business model encompasses retail forex trading, institutional services, and portfolio management, aimed at providing comprehensive solutions to its clients.
2. Regulatory and Compliance Information
Aksys Global Markets is regulated by the Financial Services Commission (FSC) in Mauritius, holding the license number GB22200883. This regulatory body is responsible for overseeing the operations of financial institutions within the region, ensuring compliance with local laws and regulations. The firm's licensing is valid and covers various trading activities, providing a level of security for its clients.
In terms of compliance, Aksys Global Markets adheres to stringent Know Your Customer (KYC) and Anti-Money Laundering (AML) policies, which are crucial for protecting both the broker and its clients from fraudulent activities. The company implements a robust client funds segregation policy, ensuring that client deposits are kept separate from the company's operational funds, thereby enhancing the security of client investments.
Moreover, Aksys Global Markets does not currently participate in an investor compensation fund, which may be a consideration for potential clients when evaluating the risks involved in trading with this broker. The firm operates under the legal framework of Mauritius, which is known for its favorable regulatory environment for financial services.
3. Trading Products and Services
Aksys Global Markets offers a comprehensive range of trading products, catering to various trading strategies and preferences. The broker provides access to over 50 forex currency pairs, including major, minor, and exotic pairs, allowing traders to capitalize on market movements across different currencies.
In addition to forex, Aksys Global Markets offers Contracts for Difference (CFDs) across multiple asset classes, including:
- Indices: Major global indices such as the S&P 500 and FTSE 100.
- Commodities: Precious metals like gold and silver, as well as energy products such as crude oil.
- Stocks: Shares from various global companies.
- Cryptocurrencies: Popular digital currencies, including Bitcoin and Ethereum.
The broker frequently updates its product offerings to meet market demands and to introduce new trading opportunities for clients. Aksys Global Markets provides tailored services for retail traders, as well as institutional clients seeking advanced trading solutions and white-label services.
The firm also offers asset management services, which include portfolio management and advisory services, targeting clients looking for professional guidance in managing their investments.
4. Trading Platforms and Technology
Aksys Global Markets supports the widely acclaimed MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, which are known for their user-friendly interface and comprehensive trading features. These platforms support various order types, including market, pending, and stop orders, and offer an extensive suite of over 80 technical indicators and 40 analytical objects.
In addition to desktop trading, Aksys Global Markets provides a web-based platform that allows traders to access their accounts through any internet browser. The firm also offers mobile trading applications for both iOS and Android, ensuring that clients can manage their trades on the go.
The broker utilizes a Market Making execution model, which allows for fast order execution and competitive pricing. Aksys Global Markets has invested in advanced technology infrastructure, ensuring reliable connectivity and minimal downtime. The trading servers are strategically located to optimize execution speed and efficiency.
Furthermore, the broker supports API access for automated trading, enabling clients to implement their trading strategies using algorithmic trading systems.
5. Account Types and Trading Conditions
Aksys Global Markets offers several account types to cater to different trading needs and levels of experience. The standard account conditions include a minimum deposit of $250, with spreads starting from 0.5 pips for major currency pairs. The broker employs a fixed spread model, which provides certainty in trading costs.
For more experienced traders, Aksys Global Markets offers VIP and Professional accounts, which come with enhanced features and benefits. These accounts may include lower spreads and higher leverage options, allowing traders to optimize their trading strategies.
The broker also provides Islamic accounts tailored for clients who adhere to Sharia law, ensuring that trading practices comply with Islamic finance principles. Aksys Global Markets allows for a minimum trade size of 0.01 lots, accommodating both small and large traders.
Leverage options are available up to 1:100, depending on the asset class being traded. The firm has a transparent overnight fees policy, which is clearly outlined in the client agreement.
6. Fund Management
Aksys Global Markets supports a variety of deposit methods, including bank wire transfers, credit/debit cards, and popular e-wallets such as Skrill and Neteller. The minimum deposit requirement varies by account type, with the standard account requiring $250.
Deposits are processed swiftly, typically within a few hours, while withdrawal requests are generally processed within 1-3 business days, depending on the method chosen. The broker does not charge deposit fees, although some payment providers may impose their own charges.
For withdrawals, clients can use the same methods as deposits, and the firm strives to maintain a transparent fee structure. Aksys Global Markets ensures that clients are informed of any applicable withdrawal fees in advance.
7. Customer Support and Educational Resources
Aksys Global Markets offers comprehensive customer support through various channels, including telephone, email, and live chat. The support team is available 24/5, ensuring that clients can receive assistance during market hours. The broker provides support in multiple languages, including English, Arabic, French, and Turkish, catering to a diverse clientele.
In addition to customer support, Aksys Global Markets is committed to educating its clients. The broker offers a range of educational resources, including webinars, tutorials, and e-books designed to enhance traders' knowledge and skills. Regular market analysis services are also provided, offering insights into market trends, news, and research reports.
Traders have access to various trading tools such as calculators, economic calendars, and signal services, which can aid in making informed trading decisions.
8. Regional Coverage and Restrictions
Aksys Global Markets primarily serves clients in the Middle East, Africa, and Europe. The firm has established a presence in these regions, providing tailored services to meet the unique needs of local traders. The company's headquarters in Mauritius allows it to operate within a favorable regulatory environment, attracting clients from various jurisdictions.
However, Aksys Global Markets does not accept clients from certain countries due to regulatory restrictions. Specific regions where client accounts are not permitted include the United States and other jurisdictions where local laws restrict trading activities with foreign brokers.
In summary, Aksys Global Markets is an emerging player in the forex brokerage industry, offering a wide range of services and competitive trading conditions. With a focus on regulatory compliance and client education, the broker aims to enhance the trading experience for its clients while raising investment standards in the financial markets.