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AezaTrade is a binary options broker with a representative address at London, UK.
The original place of registration and operation is not disclosed at the company's website.
AezaTrade accepts clients from all over the world, excluding USA, Canada, UK, EEA countries and some other jurisdictions where restrictions apply.
Binary options broker offers the following underlying assets for trading.
| 20+ Currency Pairs | Based on major world currencies. |
| 2 Crypto BOs | Based on Bitcoin and Ethereum. |
AezaTrade is a binary options broker with a registered business address in London in the UK. The broker is not regulated by any government agency, and given that binary options are banned in the UK and EU, it appears that AezaTrade is operating in a legal gray area or even outside the law.
Because of the unclear regulatory situation for AezaTrade, we urge everyone to only deposit money with the broker once thorough research and due diligence has been performed. It should be stressed that there is a clear risk of loss of funds if this broker goes bankrupt or for other reasons disappears.
All trading with AezaTrade takes place on the broker's own binary options platform. The platform is extremely simple to use, and all a trader needs to do is guess if the price of an asset will move up or down within a specified time period. The platform comes with well-designed charts with streaming live price data, and offers simple technical analysis and chart drawing tools to help traders make informed decisions.
At the time of writing, AezaTrade only offers binary options trading. However, it has stated on its website that regular forex trading will also be added “soon.”
The underlying assets that are available for binary options trading include more than 20 forex pairs and the crypto pairs Bitcoin/USD and Ethereum/USD.
For now, only one type of live trading account is available, in addition to a demo account for those who want to practice trading without risking their own funds.
To fund a trading account, clients can use several major cryptocurrencies, several Russian and international e-wallets, or make a bank transfer. Most payment methods are processed immediately, and there is a general minimum deposit requirement of just $10 to get started trading.
The broker can be contacted through either a UK or Russian phone number, and it promises on its website that it is “on call 24/7.” For less urgent matters, the broker can also be contacted via email, a messaging form on the website, or a live chat function found within the trading platform.
One red flag about the broker is the nonsensical wording it uses on its website, such as claims that the underlying assets it offers for binary options trading are somehow “highly profitable” with “90% profitability.” AezaTrade also claims that there is “no risk” associated with using it, and encourages its website visitors to “start trading without risks.”
All of these statements are clearly misleading, and they also make us suspicious about what this broker's real intentions are.
Despite this, trading with a broker like AezaTrade also comes with certain benefits. For example, it allows anyone to dip their toe in binary options trading with just a small amount of capital, giving them the opportunity to learn the basics of financial markets before jumping into for example forex or crypto trading.
It's also great to see that crypto funding is accepted with this broker, as it gives even people without a bank account the opportunity to trade.
