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Aden Markets DOO

United Kingdom|1-2 years|
Suspicious Scope of Business|High potential risk|

https://www.adenfx.com/

Website

Rating Index

Contact

support@adenfx.com
https://www.adenfx.com/
Ulica Vladike Vasariona Borilovica, Ulaz H, Stan Br. Podgorica

Licenses

No valid regulatory information, please be aware of the risk!

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Warning: Low score, please stay away!
Previous Detection : 2024-11-21
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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Aden Markets DOO · WikiFX Survey

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Aden Markets DOO · Company Summary

AspectInformation
Company NameAden Markets DOO
Founded 2023
Registered Country/AreaUnited Kingdom
RegulationFinCEN
Tradable AssetsForex (62 currency pairs), Precious Metals, Cryptocurrencies, Stock Indexes, Crude Oil
Minimum Deposit$100
Maximum Leverage100:1
SpreadsFrom 0.0 pips
Trading PlatformsMT5 for PC, MT5 Mobile Phone Version, Apple MT5 Client, Android MT5 Client
Payment MethodsCredit/debit cards, bank transfers, e-wallets
Customer SupportEmail: support@adenfx.com

Overview of Aden Markets DOO

Aden Markets DOO, based in the UK, is regulated by the US Financial Crimes Enforcement Network with Crypto-Licence. It offers Forex trading with 62 currency pairs, precious metals, and major cryptocurrencies like Bitcoin. The platform provides access to global stock indexes and crude oil trading, without extra fees.

Aden Markets DOO offers a single real account type. To register, visit the website, submit personal details, and complete verification. Leverage enables control of over 100 times invested amount. Spreads start at 0.0 pips, $3 commission per side for standard lots, and a $100 minimum deposit.

Deposits and withdrawals via credit/debit cards, bank transfers, and e-wallets are available. Instant processing for cards and transfers, 1-3 days for e-wallet withdrawals with a 2% fee. The MT5 platform is used for PC and mobile trading, known for stability and dynamic analysis.

Aden Markets DOO's homepage

Pros & Cons

Aden Markets DOO offers several notable advantages and considerations. It is regulated by the US Financial Crimes Enforcement Network. The platform offers a diverse range of trading opportunities in Forex, metals, and cryptocurrencies. Opening an account is a straightforward process, and spreads starting from 0.0 pips are available. The versatile MT5 platform caters to both PC and mobile users, while an economic calendar and real-time news coverage aid in identifying trading opportunities.

ProsCons
  • Regulated by US Financial Crimes Enforcement Network
  • Lacks variety in account options
  • Diverse trading opportunities in Forex, metals, cryptos
  • $3 commission per side for standard lot sizes
  • Simple and step-by-step account opening process
  • Withdrawal via e-wallets incurs a 2% fee
  • Low spreads from 0.0 pips
  • Limited customer support channels
  • Versatile MT5 platform for PC and mobile devices
  • Economic calendar and real-time news coverage

On the flip side, the platform's variety of account options and educational tools are relatively limited. And there's a commission associated with standard lot sizes. Withdrawals via e-wallets incur a 2% fee.

Is Aden Markets DOO Legit?

Aden Markets DOO is currently regulated by the United States Financial Crimes Enforcement Network under a Crypto-Licence with license number 31000251656825. The regulation came into effect on August 22, 2023. The institution is licensed and authorized to operate in the cryptocurrency domain. The address of Aden Markets DOO is Ulica Vladike Vasariona Borilovica, Ulaz H, Stan Br. Podgorica. For more information, certified documents can be found in Annex1.

Regulated by FinCEN

Market Instruments

  • Forex: Aden Markets DOO offers a diverse range of trading opportunities in the Forex market. Traders can engage with 62 currency pairs, benefiting from ultra-low spreads and swift execution.
  • Metal: Traders have the chance to speculate on the price movements of precious metals such as gold and silver, against the Dollar. This adds diversity to their trading portfolio.
  • BTC: Aden Markets DOO provides access to mainstream virtual currencies, including BTC (Bitcoin), ETH (Ethereum), BCH (Bitcoin Cash), ETC (Ethereum Classic), DASH (Dash), and more.
  • Stock Indexes and Crude Oil: The platform grants access to major international stock indexes and crude oil trading. Notably, this is offered without fees, re-quotes, or hidden markups.
Market Instruments

Account Types

Aden Markets DOO offers a single type of account, the real account, providing traders with a straightforward option. The platform focuses on simplicity, providing one type of account for users.

How to Open an Account?

  1. Visit Website: Go to the Aden Markets DOO official website.
  2. Click Sign Up: Select “Open Real Account”.

    Select Open Real Account
  3. Enter Details: Fill in your Name, Email, Password, Mobile (with Country Code).

    fill in required info
  4. Confirm Info: Verify Password, select Country, State, City, and Gender.
  5. Provide Address: Enter your detailed Address.
  6. Invitation and Captcha: Optionally, enter an Invitation code and complete Captcha.
  7. Upload ID Images: Attach your ID card images (front and back) in jpg or png format, under 10MB.
  8. Verify: Complete any additional verification steps.
  9. Review: Double-check entered info.
  10. Sign Up: Click “Sign Up” to create your account.

Leverage

Aden Markets DOO offers leveraged foreign exchange trading with potential control of more than 100 times the invested amount, enabling amplified profits and losses.

Spreads & Commissions

Aden Markets DOO offers spreads from 0.0 pips and charges a commission of $3 per side for standard lot sizes.

Trading Platforms

MT5 For PC: Aden Markets DOO offers the MT5 platform for PC. This platform is known for its concise, flexible, and stable nature, providing detailed dynamic quotation analysis. Traders can set technical pointers and utilize a smart trading system. The platform's versatility caters to various trading strategies, making it a widely used choice for trading, futures, crude oil, and contracts for differences.

MT5 Mobile Phone Version: Traders can access the MT5 platform from their mobile devices, including iPhones, iPads, and Android phones or tablets. The mobile version boasts exceptional execution speed.

Apple MT5 Client: For iPhone users, Aden Markets DOO offers a stable and ultra-fast MT5 foreign exchange trading experience through the MetaQuotes mobile client. The MT5 client can be easily downloaded from the iTunes store by scanning the provided QR code.

Android MT5 Client: Aden Markets DOO provides android phone users with the option to connect to their MT5 forex trading accounts using the official MetaQuotes mobile client. To access the mobile client, android phone users can download it from the Google Play store or directly scan the QR code provided for installation.

MT5

Deposit & Withdrawal

Aden Markets DOO offers three ways to deposit funds: credit/debit cards, bank transfers, and e-wallets. Deposits via credit/debit cards and bank transfers are processed instantly, while withdrawals via e-wallets typically take 1-3 business days. The minimum deposit amount is $25 and the minimum withdrawal amount is $50. There are no fees for depositing or withdrawing funds via credit/debit cards or bank transfers. There is a 2% fee for withdrawing funds via e-wallets.

Q&A

Is Aden Markets DOO regulated?

Yes, Aden Markets DOO is regulated by the United States Financial Crimes Enforcement Network under a Crypto-Licence with license number 31000251656825.

What can I trade at Aden Markets DOO?

Forex, precious metals, virtual currencies like BTC and more, major stock indexes, and crude oil.

What is the maximum leverage offered by Aden Markets DOO?

Up to 1:100.

Does Aden Markets offer MT4/5?

Yes. It offers MT5.

Risk Warning

Online trading carries substantial risk, potentially leading to the total loss of invested funds. It may not be appropriate for all traders or investors. It's crucial to fully comprehend the associated risks before engaging in trading activities.

Additionally, the content of this review is subject to change, reflecting updates in the company's services and policies. The review's creation date is also relevant, as information could have become outdated. Readers should confirm the latest information with the company prior to making any investment decisions. The responsibility for utilizing the information provided herein lies exclusively with the reader.

Broker Information

Company Name

Aden Markets DOO

Abbreviation

Aden Markets DOO

Regulatory Status

No Regulation

Platform registered country and region

United Kingdom

Company website
Phone of the company

--

X

--

Facebook

--

Instagram

--

YouTube

--

Company address
  • Ulica Vladike Vasariona Borilovica, Ulaz H, Stan Br. Podgorica

Linkedin

--

WhatsApp

--

QQ

--

WeChat

--

Customer Service Email Address
  • support@adenfx.com

Company Summary

Review 6

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