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AAA Trading Broker Review

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AAA Trading Review 2

Latest All(2) Exposure(2)
Exposure

NOT GIVING WITHDRAWAL

INDRANIL 4044
03-08
Exposure
SCAM Alert: Unable to withdraw my $14776.61. AAA trading is a SCAM

My name is Alina I am a trader at AAA trading platform which is regulated by FSA seychellesHere is the license number.AAA Trading is licensed by FSA under license number : SD090Here is the issue I am facing with the broker.My user id is 497270.I had deposited amount of $3000 in AAA trading platform on 25/04/2023 00:11 Indian time.The same day I opened a trade on Spotify stock which made me profit of $7709.91 and my total real money equity became $10764.91.On 25/04/2023 20:14 Indian time I requested withdrawal of my rightful amount of $10764.91.On 26/04/2023 I requested my account manager Janath and Financial Advisor Harshi to speed up withdrawal process if possible.But Harshi told it won’t be possible to give withdrawal because you over profit in single trade. If you want to withdraw your money then you have to deposit $5000 first else we won’t give you withdrawal. I told I have some medical emergency and i will deposit again.But Harshi started talking rude and sent me this message.“Like this way sir.Our platform for the potential customer not for the fisherment.What you have done isYou trade on one time. And second day you withdraw the money.You didnt even reply our msgSo from computer system think that you are a scamer.If you want to withdraw the money you have to balance the account .Deposit 5000$ and withdraw the all money. I will help”She started calling me scammer.This is so unprofessional and rude behavior. This is the official number of Harshi 8389959171.Why I am being force to deposit $5000 more to withdraw my rightful fund.I waited 3 business days to get the withdrawal process as mentioned in the app but it didn’t process.So I revoked my old $10764.91 withdrawal and made a new withdrawal of $5700 and kept remaining amount as balance in my account.I informed my manager and financial advisor about it but now they stopped replying to my messages.I have sent 2 emails to AAA trading but none email got any reply.My withdrawal is stuck permanently.I am scammed.I am feeling very frustrated because of this. I am just claiming what I am eligible for.And when they stopped replying me I continuously tried to apply for withdrawal again and again but it wont process and no one will reply me. They put restriction on my account so that I can't live chat with their customer service and one day they restricted my account fully so that now I neither can open a trade nor apply for withdrawal.The message on pop up screen says " You are account is restricted because you have multiple accounts". I asked show me all my account and I will delete the other one as I couldn't see any other account in my app. I can see only one account whose id I have mentioned here but they never replied and clarified which is my other account because I dont have any other account.As of today I have $14776.61 in AAA trading account because i was trading in between as well hoping one day i will get withdrawal but its all stuck right now.So I request you to instruct AAA trading to release my amount as soon as possible.Hope you will do the right thing.Thanks

FX3603977651
2024-07-17

  

Aaa Trading 2025 Review: Everything You Need to Know

  Aaa Trading has garnered mixed reviews in the forex trading community, with users expressing both satisfaction and concerns about its operations. Key features include a wide range of trading instruments and a user-friendly platform, but there are significant red flags regarding its regulatory status and customer service.

  Note: Its important to recognize that Aaa Trading operates under various entities across different regions, which can complicate the evaluation of its legitimacy. This review aims to provide a fair and accurate assessment based on the most recent information available.

  

Ratings Overview

Category Rating (out of 10)
Account Conditions 5
Tools and Resources 6
Customer Service & Support 4
Trading Experience 5
Trustworthiness 3
User Experience 4

  We assess brokers based on a comprehensive analysis of user feedback, expert opinions, and factual data.

  

Broker Overview

  Founded in 2012, Aaa Trading is a forex and CFD broker that claims to offer a variety of trading instruments, including forex, commodities, indices, and stocks. The broker operates its services primarily through a proprietary platform, alongside popular trading platforms like MT4 and MT5. Aaa Trading has been reported to have regulatory claims from the Cyprus Securities and Exchange Commission (CySEC), but independent verification of these claims remains ambiguous.

  

Detailed Review

  

Regulatory Regions

  Aaa Trading claims to be regulated by CySEC, but there are serious doubts about the validity of this claim. Several reviews indicate that the broker may not be licensed in any reputable jurisdiction, raising concerns about fund security and operational transparency. According to BrokersView, Aaa Trading is categorized as an unregulated broker, which poses significant risks for traders.

  

Deposit/Withdrawal Options

  Aaa Trading supports various currencies for deposits and withdrawals, including USD, EUR, and GBP. The minimum deposit requirement is reported to be as low as $25, making it accessible for new traders. However, the withdrawal process can be problematic, with some users highlighting delays and complications in accessing their funds. According to WikiFX, clients have experienced difficulties when attempting to withdraw their earnings, suggesting a lack of transparency in the withdrawal policies.

  

Bonuses/Promotions

  Aaa Trading offers several promotional incentives, including a welcome bonus for new clients. However, the specifics of these bonuses are often vague, and potential clients should be cautious as such offers can come with stringent withdrawal conditions. This lack of clarity is a common complaint among users, indicating a need for more transparent communication from the broker.

  

Tradable Asset Categories

  The broker claims to offer a diverse range of trading instruments, including forex, commodities, indices, and stocks. However, there are reports that certain asset classes, such as cryptocurrencies, may not be available. The quality and variety of trading options are crucial for attracting and retaining traders, and Aaa Tradings offerings appear to be limited compared to other brokers in the market.

  

Costs (Spreads, Fees, Commissions)

  Aaa Trading's cost structure is another area of concern. While they advertise competitive spreads, reports suggest that the actual spreads can be significantly higher than industry standards. For instance, the EUR/USD spread is noted to be around 12.9 pips, which is substantially above the average offered by reputable brokers. Additionally, withdrawal fees have been reported, which can vary based on the method used.

  

Leverage

  The broker offers high leverage ratios, reportedly up to 1:1000. While high leverage can be attractive for experienced traders looking to maximize their potential returns, it also significantly increases risk, particularly for novice traders. This level of leverage is not compliant with regulations in many jurisdictions, which typically cap leverage to protect traders from excessive risk.

  

Allowed Trading Platforms

  Aaa Trading primarily operates through its proprietary trading platform, which is available on mobile devices. While this can be convenient for traders on the go, the absence of widely recognized platforms like MT4 or MT5 may deter some users who prefer the advanced features and tools offered by these platforms.

  

Restricted Regions

  Due to its unregulated status, Aaa Trading may not be available to traders in several regions, including the US and EU. This limitation can significantly impact its user base and overall credibility.

  

Available Customer Service Languages

  Customer service is a critical aspect of any trading platform, and Aaa Trading offers support in multiple languages, including English. However, user reviews indicate that the quality of customer service is lacking, with many clients reporting slow response times and inadequate support when issues arise.

  

Repeated Ratings Overview

Category Rating (out of 10)
Account Conditions 5
Tools and Resources 6
Customer Service & Support 4
Trading Experience 5
Trustworthiness 3
User Experience 4

  

Detailed Breakdown

  • Account Conditions: Aaa Trading offers relatively low minimum deposits, but the high withdrawal fees and limited account types may deter some traders.
  • Tools and Resources: The broker provides basic trading tools, but lacks advanced resources that are often available with other brokers.
  • Customer Service & Support: Users have reported slow and ineffective customer service, which could be a significant drawback for traders needing immediate assistance.
  • Trading Experience: While the platform is user-friendly, the lack of popular trading platforms like MT4 and MT5 could limit the trading experience for many users.
  • Trustworthiness: With unresolved regulatory questions and negative user experiences regarding withdrawals, trust in Aaa Trading is low.
  • User Experience: Overall user experience varies, with some traders appreciating the ease of use, while others express frustration with customer service and withdrawal issues.

  In conclusion, while Aaa Trading offers some appealing features such as low minimum deposits and a variety of trading instruments, significant concerns regarding regulatory compliance, customer service, and withdrawal processes make it a broker that potential clients should approach with caution. For those considering Aaa Trading, thorough research and consideration of the outlined risks are essential.

AAA Trading review