Aquilabit Forex Broker

Note: Aquilabit's official website - https://aquilabit.com/ is currently inaccessible normally.Aquilabit Review SummaryFounded/Registered Country/RegionSwedenRegulationUnregulatedMarket InstrumentsCryptos, Indices, Commodities, StocksDemo Account/LeverageUp to 1:5Spread/Trading PlatformAquilabit WebTraderMin Deposit/Customer SupportEmail: support@aquilabit.comAddress: Hötorget building 12th floor, Sveavägen 9, 111 57 Stockholm, Sweden Aquilabit was registered in Sweden and is not regulated. It offers trading in Cryptos, Indices, Commodities, and Stocks. The leverage is relatively low at 1:5, and its trading platform is Aquilabit WebTrader.Pros and ConsPros Cons Diverse market instrumentsUnavailable websiteMultiple account typesUregulatedLimited leverage ratiosNo MT4/5Unknown minimum depositWithdrawal fee chargedLong withdrawal processing timeOnly email supportIs Aquilabit Legit? No, Aquilabit is not regulated. Traders should carefully consider the risks it brings when choosing to trade with it.What Can I Trade on Aquilabit?Tradable Instruments Supported Cryptos✔Indices✔Commodities✔Stocks ✔Forex❌Bonds❌Options❌ETFs❌Account TypeAccount TypeMin DepositMicro/Bronze/Silver/Gold/Leverage Aquilabit offers leverage up to 1:5. Although lower leverage results in relatively lower returns, the risk is also reduced accordingly.Trading PlatformTrading PlatformSupported Available Devices Suitable for Aquilabit WebTrader✔Web/MT4❌/BeginnersMT5❌/Experienced tradersDeposit and Withdrawal The customer area has disclosed two payment methods: Bitcoin wallet and Bitthebank. The latter was originally a Bitcoin purchasing website. Therefore, users can only make deposits via Bitcoin. The withdrawal area discloses that the payment methods for withdrawal include bank transfer, credit card, and BTC wallet. Generally, the withdrawal fee is required and the processing time for withdrawals can be as long as 5 days.