Thinking of getting into business with Aiglon FX? Here is what you must know about this broker. Carefully read this review to find out if aiglonfx.com is the trading platform you will want to trade with.
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About Aiglon FX Broker
Aiglon FX is an offshore brokerage company with a lot of promises for traders. The location of the broker is not shown on the website.
Aiglon FX claims to be the newest generation platform in the online trading world. Also, it claims to operate on an advanced trading software.
In spite the trading instruments Aiglon FX claims to offer, traders must know they are dealing with an unknown broker whose regulation claims are false.
aiglonfx.com: Reasons to Avoid This Broker
aiglonfx.com is a platform with no financial authority overseeing its financial services. Its regulation claims are not legit as no financial regulators recognize Aiglon FX.
Another red flag we noticed on aiglonfx.com is that there is no demo account for traders. If traders can’t test Aiglon FX broker on a free account, how then can we know its viability in the forex market.
Since this broker does not offer money back guarantee, trading on any account type is clearly a risk. This is a big warning for forex traders to avoid losing money with this broker.
Withdrawal and Deposit
Withdrawal process
Aiglon FX shows forex traders eligibility for a withdrawal request only when there is a minimum trading volume of 30 times for each unit bonus.
Aiglon FX places an inactivity fee of 50 units on a dormant account of 3 months.
This is just a way to reap you of your money and also frustrate the withdrawal process.
Minimum Deposit
Aiglon FX minimum deposit is indicated $250.
Aiglon FX presents a payment method with Bitcoins, Credit card and Wire transfer. You should not consider making any payment with this broker in the first place because it is a risk. So beware!
Aiglon FX Platform
Aiglon FX operates as a Web Trader. The refusal to make use of industry standard such as MT4 or MT5 that are widely accepted for trading is one of the reasons why you should avoid this broker.
Aiglon FX leverage is not mentioned on the website. It is advisable you don’t consider doing that. In fact, it is against the regulatory leverage set by financial regulators.
In spite the attractive offers Aiglon FX broker presents, we can’t find a free account for traders to test the platform before considering a deposit.
Aiglon FX Licensing and Regulation
It is not far from believing that this broker is not a licensed brokerage firm. It is not under any financial regulation that means your money is at risk. Its licensed and regulation claims are false and must be avoided.
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Conclusion: Is aiglonfx.com a Reliable Broker?
No, aiglonfx.com is not a reliable broker for traders and because of that, you are advised to stay away from this broker.
The scam is on the wall for forex traders to avoid crossing path with aiglonfx.com because its claimed license and lack of transparency are red flags.
Therefore, we do not recommend this broker for trading.
Kindly share your comment about this broker in the comment section.