In this review, we will look at the broker AezaTrade, which calls itself a versatile platform for binary options trading. The organization is legally based in the UK, but does not have a license from the FCA and is not regulated at all. The official website presents interesting statistics, for example, the company was founded in 2023, and already has 1 million traders, 30,000 daily transactions, and a turnover of 130 million monthly. Looks extremely suspicious and contradictory. Can the firm be trusted? What are the terms offered here?

How to Trade

You can start trading binary options with AezaTrade immediately after registering an account. To do this, you need to deposit at least $10 using one of the offered methods. There is also an option to test the terminal on a free demo account without risk.

The conditions at AezaTrade are as follows:

  • Trading platform – WebTrader.
  • The minimum deposit is $10, the minimum trade is $1.
  • Various types of currency.
  • Withdrawal of funds within 15 minutes.
  • Floating returns, up to 90%.
  • Two types of options: classic from 1 minute and “blitz” with expiration from 5 to 30 seconds.

In addition, the broker promises clients indicators and signals. In the future, it is planned to launch access to forex trading with leverage, but for now, only binary options are available. If the official website is to be believed, the execution of transactions in AezaTrade is instantaneous.

AezaTrade Vital Info

The company shares its short history and plans. The launch of the platform took place in 2023, and the domain of the official website was registered in July of the same year. Therefore, AezaTrade has been in existence for a very short time. Such a period cannot be considered serious.

The broker lists a legal address in the UK, as well as a registration number. Indeed, there is AezaTrade in the Companies House register, which was incorporated on September 28, 2023. However, there are interesting points here. Its type of activity is “other business support service activities not elsewhere classified”, which is not brokerage activity. Does the legal entity really belong to the company? Or was a completely different company used? No FCA license has been obtained.

FAQ

What are the key facts about AezaTrade?

The domain is young, but the firm does not hide that it was founded only in 2023. The site lists interesting facts: 1 million clients, 30,000 transactions daily, a turnover of 130 million per month, 70+ partners, and 17 employees. Is it really possible that the company managed to attract a clientele of 1 million traders in a few months? It's incomprehensible, to be honest. Such figures are clearly plucked from thin air, because in reality, this cannot even be the case. In addition, it is worth mentioning the absence of a license from the Financial Conduct Authority, but as far as it is known, the activity of binary options brokers was banned in the UK back in 2018. How can the organization legally conduct business in this jurisdiction? Or is it not there at all?

What's the risk to my wallet when working with this broker?

The main problem with companies like AezaTrade is the inability to get your money back. You can replenish the deposit, trade, and even make a profit, but the big question is - will you be able to withdraw the earned money? The possibility of making profitable transactions is also in doubt. The platform can be set up in such a way that the price chart will always move into the loss zone. Because of this, you can forget about income, and the deposit will be constantly decreasing. These are the risks that need to be understood before opening a brokerage account in such places.

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