AEFOREX Review 4
Account opening with AEFOREX seems straightforward based on the website. Confirmation on processing timelines would be reassuring.
The stop-loss and limit order options are solid, but the API for automated strategies can be unstable. Risk management tools are effective, yet withdrawing funds can be slow. So, mixed experience, with some highs and lows.
First broker I ever used for forex, and gotta say, their MT4 web interface is amazing. Super smooth and clean.. Plus, deposits and withdrawals are a piece of cake – no waiting around forever.
In conclusion, this company has built a trading platform through a third-party service provider to control the data. The financial license is authentic, but it is limited to engaging in investment consulting business. In the legal sense, it is not allowed to conduct financial tradings. Its website domain name server has not been filed in China and the access limit is only 129 milliseconds without any security measure. Though the English website is the world's top-level domain www and the Chinese website is the second-level domain name, the server of the trading platform and the domain name are provided by a service provider. Without any qualification or license, it is conducting business in China illegally. In addition, this AE trading platform has not announced whether they have the services of a bank depository system. And its license has not been officially determined, many doubts existing.
