Search

Aksys Global Markets Broker Review

2.06

WikiFX monitor

Software Index

Full License

License

No license

  

Aksys Global Markets 2025 Review: Everything You Need to Know

  Aksys Global Markets has emerged as a relatively new player in the forex brokerage arena since its establishment in 2022. This review aims to provide a comprehensive overview of the broker, highlighting both its strengths and weaknesses based on user experiences and expert opinions. Overall, Aksys Global Markets receives mixed feedback, with some users appreciating its trading conditions, while others express concerns regarding its regulatory status and customer support.

  Note: It is essential to consider the geographical differences in regulatory frameworks, as Aksys Global Markets operates primarily in regions with varying levels of oversight. This review adopts a fair and balanced approach, ensuring accuracy in the information presented.

  

Rating Overview

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

  

How We Rate Brokers

  We evaluate brokers based on user feedback, expert opinions, and factual data from reliable sources.

  

Broker Overview

  Aksys Global Markets, headquartered in Mauritius, was founded in 2022 and is regulated by the Financial Services Commission (FSC) of Mauritius. The broker offers a range of trading platforms, including MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Traders can access various asset classes, including forex, commodities, indices, and cryptocurrencies. However, the broker's regulatory status has raised concerns among potential clients, as some sources indicate that it lacks a valid regulatory framework.

  

Detailed Section

  

Regulatory Regions

  Aksys Global Markets operates primarily in Mauritius and claims to be regulated by the FSC. However, some sources indicate that the broker may not have a valid regulatory license, raising concerns about its legitimacy and the safety of client funds. According to WikiFX, the broker is flagged as suspicious, and it is essential for traders to exercise caution.

  

Deposit/Withdrawal Currencies

  The broker supports various deposit and withdrawal methods, including credit/debit cards, bank wire transfers, and e-wallets like Skrill and Neteller. However, the availability of cryptocurrency for deposits and withdrawals is not clearly stated, which may limit options for some traders.

  

Minimum Deposit

  The minimum deposit required to open an account with Aksys Global Markets is $250, which is relatively accessible for new traders. However, some sources mention higher minimum deposits for certain account types, such as $5,000 for pro accounts, which may deter less experienced traders.

  

Bonuses/Promotions

  There is limited information regarding bonuses or promotions offered by Aksys Global Markets. This lack of promotional incentives may be a disadvantage for traders looking for additional value when opening accounts.

  

Tradable Asset Classes

  Aksys Global Markets offers a diverse range of tradable assets, including forex pairs, commodities, indices, ETFs, and cryptocurrencies. This variety allows traders to diversify their portfolios and explore different market opportunities.

  

Costs (Spreads, Fees, Commissions)

  The broker offers competitive spreads starting from 0.5 pips, although some sources indicate that spreads may vary depending on the account type. Commissions are reportedly fixed, but users should verify specific fee structures before trading. According to AllForexBonus, transaction fees may apply depending on the deposit method.

  

Leverage

  Aksys Global Markets provides leverage of up to 1:100, which is relatively standard in the industry. However, this level of leverage may not be sufficient for more experienced traders seeking higher risk-to-reward ratios.

  

Allowed Trading Platforms

  The broker supports both MT4 and MT5 platforms, which are popular among traders for their user-friendly interfaces and advanced trading tools. These platforms are suitable for both novice and experienced traders, providing access to various technical indicators and automated trading options.

  

Restricted Regions

  While Aksys Global Markets primarily operates in Mauritius, it is crucial to verify if there are any restrictions on trading from specific countries. Some sources suggest that the broker may not accept clients from the United States, which could limit its global reach.

  

Available Customer Support Languages

  Aksys Global Markets offers customer support in multiple languages, including English, Arabic, French, and Turkish. However, the quality of customer support has been criticized, with some users reporting slow response times and inadequate assistance.

  

Repeated Rating Overview

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

  

Detailed Breakdown

  •   Account Conditions: Aksys Global Markets offers a minimum deposit of $250, making it accessible for new traders. However, higher minimum deposits for certain accounts may deter some users.

  •   Tools and Resources: The broker provides access to MT4 and MT5, but there is limited educational content or resources to support traders in their journey.

  •   Customer Service and Support: While the broker claims to offer 24/5 support, user feedback indicates that response times may be slow, and the quality of support is inconsistent.

  •   Trading Setup/Experience: The trading experience is generally positive, with competitive spreads and a user-friendly platform. However, concerns about regulatory status may affect user confidence.

  •   Trustworthiness: The lack of a valid regulatory framework raises significant concerns about the broker's trustworthiness. Users are advised to exercise caution.

  •   User Experience: Overall, users report a mixed experience with Aksys Global Markets. While some appreciate the trading conditions, others highlight concerns about customer support and regulatory issues.

  •   In conclusion, the Aksys Global Markets review indicates that while the broker offers some attractive trading conditions, potential clients should carefully consider its regulatory status and customer support before engaging. As with any financial decision, thorough research and due diligence are essential.