Last update: 23 July 2020
5 min read
Non-recommended broker
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AIMS review

23 July 2020

This broker was not featured in our 2024 Broker Review Audit. This is because, in the past 12 months, it has failed to pass our initial screening process and is not recommended by our team of experts. As such some of the information found here may be out of date.

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AIMS (or Auric International Markets Ltd) is an ECN Forex broker which provides trading solutions for scalpers, day traders and novices who are just finding their feet in the Forex market. Offering their clients advanced trading platforms, superior liquidity and low latency connectivity, AIMS gives access to pricing that was previously available only to those with a high net worth. The team behind this broker boasts significant experience within the CFD and Forex markets in Asia and other international countries. This broker is regulated and supervised by the authorities of St Vincent and the Grenadines and their mission is to create a high quality trading environment through the provision of excellent service, fast trade execution and superior spreads.

aims

Bonus

No

Regulation

Yes

Mobile

Yes

Instruments

Forex, Metals, Indices, Commodities

Website

www.aimsfx.com
Not Verified

Trading Accounts Offered by AIMS

This broker is keen to offer different account types to suit the preferred trading strategy of each client. Both of their account types give investors direct access to interbank pricing and deep liquidity with absolutely no commissions. AIMS’ trading platforms benefit from a true ECN low latency environment with no dealing desk, and registering for a live account online is simple and quick. The features of each account are as follows:

Standard Account

  • Deposit currency: US Dollar
  • Minimum Deposit Amount: $1000
  • Leverage: 1:100
  • Minimum lot size: 0.01
  • Number of trading products: 72
  • No commissions
  • One click trading
  • Index CFD trading
  • Spreads: Average 2 pips

Premium Account

  • Deposit currency: US Dollar
  • Minimum Deposit Amount: $10,000
  • Leverage: 1:100
  • Minimum lot size: 0.1
  • Number of trading products: 72
  • No commissions
  • One click trading
  • Index CFD trading
  • Spreads: Average 1.6 pips

Trading Platform Offered by AIMS

climberThe AIMS trading platform is a customer-centric model which combines the functionality of bespoke trading through the platform with a wide suite of impressive products in order to offer fast execution, deep liquidity and best pricing. There is access to over 70 different financial instruments and clients are given access to spot metal, Forex, CFD and spot indices trading with spreads that begin at just 0 pips.

The trading platform interface has been designed to give clients an efficient, powerful and practical trading experience. Custom designed technology empowers investors to trade precisely with no slippage or requotes. AIMS’ trading platforms for mobile devices, Mac and, web and desktop have won awards for their performance and include customisable tools as well as an advanced charts package.

PC/Mac
The AIMS’ PC and Mac trading platform offers the following features:

  • Online management of equity, positions and orders
  • Live monitoring of financial instrument pricing
  • Advanced charting capabilities
  • Online streaming of financial news
  • Activity reports

Mobile
The AIMS’ trading platform for Android and iOS smartphones and tablets offers the following features:

  • Online management of positions, equity and orders
  • Live monitoring of financial instrument pricing
  • Complete control of live trading account
  • Direct trading from the chart
  • Real time quotations of financial instruments
  • Activity reports
  • Access to complete trading history
  • Access to MT4 internal mailing system

PMAM
The PMAM platform offers the following features:

  • Online management of orders, equity and positions
  • Live monitoring of prices of financial instruments.
  • Advanced charting capabilities
  • Streaming online of news
  • Activity reports

Customer Support Options Offered by AIMS

AIMS is eager to offer excellent customer support to their clients, with customer support teams that speak multiple languages. The team can be accessed 24 hours a day, 5 days per week and offer a high level of support for all of their clients’ trading needs. It is possible to leave a message for the team and receive a call back within 24 hours, or alternatively, it is possible to send the team an email to the address provided on the website. There is also a convenient Live Chat facility available through the website for a rapid response to issues and questions. The website itself also has a helpful frequently asked questions section to address the most common problems encountered by potential investors.

Withdrawal and Deposit of Funds

AIMS tries to ensure that depositing and withdrawing funds from trading accounts is as easy as possible, with online submission of withdrawal requests and a number of methods available via which funds can be deposited. Withdrawals are processed within two working days and can be received via debit or credit card, bank wire transfer or via third party payment providers like China UnionPay. Credit and debit cards are the quickest withdrawal method, with bank transfers taking up to 5 working days to be processed depending on the client’s bank. There are no fees charged by the broker for withdrawal, although the client’s bank may charge a fee depending on the withdrawal method chosen and the minimum amount for withdrawals is $50. Accounts can be funded through third party payment providers like UnionPay, bank wire transfer or a debit card deposit. A 4% processing fee is charged on all debit or credit card deposits, a 3.6% processing fee is generally charged by third party providers and bank wire transfers usually attract a charge of between $25 and $60 per transaction. All financial transactions are very safe as they are protected by advanced SSL encryption technology. Deposits made by credit or debit card will be processed in just 1 working day, with UnionPay deposits being received on the same day that the transaction is carried out. Bank transfers may take up to 4 days to be seen in the trader’s account.

Overall, AIMS has a lot to offer as a Forex broker, with a choice of two account types to suit both experienced and novice traders, and over 70 instruments available for trading. The impressive and user friendly trading platform is very accessible and offers mobile applications for investors who want to check their assets on the move. Some investors, however, may be deterred by the lack of a telephone number through which the customer support team can be contacted and by the lack of any e-Wallet methods for deposit and withdrawal.

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