AZtrades Review 2020
AZtrades is an online trading broker that offers online trading services across forex, stocks, commodities, and CFD markets. The broker provides traders with access to the financial markets all year round and offers 24/7 customer support. The trading brokers review team found the brokers regulation to be limited when compared to some of the best trading brokers.
AZtrades Review 2020, Pros & Cons
- Multiple financial instruments
- Dedicated customer support
- Trading tools & educational materials
- Multiple account options
- Limited regulations
- Located offshore
- No USA traders
- No MetaTrader trading platforms
- Not the lowest spreads
- Limited account funding options
In this detailed AZtrades review, our online broker research team has covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
AZtrades is not ranked in our best forex brokers, best stockbrokers, best CFD brokers, best crypto brokers, or best online brokers categories. You can use our free broker comparison tool to compare online brokers including AZtrades.
AZtrades Review: Summary
AZtrades was founded in Saint Vincent and the Grenadines by a team of traders who wanted to provide retail traders with transparent, flexible, and stable conditions for trading online. They give traders access to multiple assets, including forex, commodities, metals, and cryptocurrency, via the provided mobile and web trading platforms, while providing some helpful trading tools, educational materials, and 24/7 client support. There are multiple account options with maximum leverage capped at 1:400.
AZtrades Review: Regulation
AZ trades is a brand name operated by AZ Markets LTD, which is registered with the Financial Services Authority of Saint Vincent and the Grenadines under registration number, 24462.
AZtrades Review: Countries
AZtrades does not offer its services to citizens or residents of the United States of America, Great Britain, Lithuania, or any country or jurisdiction where its use is contrary to local laws or regulations.
Some AZtrades features and products mentioned within this AZtrades review may not be available to traders from specific countries due to legal restrictions.
If you are looking for a trading broker in a particular country, please see our best brokers USA, best brokers UK, best brokers Australia, best brokers South Africa, best brokers Canada or our best brokers for all other countries.
AZtrades Review: Trading Platforms
This is a web-based platform that runs directly on most modern web browsers, without the need for any downloads or installations. With over 100 technical indicators and drawing tools, the platform helps traders to analyze and trade the markets.
This is compatible with iOS and Android devices and can be downloaded from the relevant app stores. It allows clients to gain access to the full functionality of the trading platform on their mobile devices, making it possible to trade on the go from anywhere in the world, provided there is an internet connection.
AZtrades Review: Trading Tools
Clients can also benefit from a good range of useful trading tools to enhance their overall trading experience. They include Economic Calendar, Live Chart, Fundamental Analysis, and Technical Analysis.
AZtrades Review: Education
The broker provides traders with a Trading Academy and a well-developed FAQ section that gives instant answers to some of clients’ most commonly asked questions.
AZtrades Review: Trading Instruments
AZtrades is an online trading broker that offers multiple financial instruments across different asset classes, such as forex, commodities, metals, and cryptocurrency.
AZtrades Review: Trading Accounts & Fees
The broker offers a wide variety of trading accounts for clients to choose from. The account types and their corresponding minimum required deposits are as follows: Classic ($200), Islamic ($200), Variable ($2,500), Silver ($10,000), Gold ($25,000), VIP ($50,000), and Crypto ($5,000) Accounts. Demo accounts are also available for practice purposes.
As broker fees can vary and change, there may be additional fees that are not listed in this AZtrades review. It is imperative to ensure that you check and understand all of the latest information before you open an AZtrades broker account for online trading.
AZtrades Review: Customer Service
The AZtrades customer support team is available 24-hours a day, 7 days a week via Live Chat, Skype, Email, Call Back Request, and Telephone.
AZtrades Review: Deposit & Withdrawal
The following payment methods are accepted at AZtrades:
- Bank transfer
- Credit/Debit Cards — including Visa, MasterCard, and Maestro
- Prepaid Cards — such as Cash, Paysafe, and more.
AZtrades Review: Account Opening
To open a trading account, go to the Sign Up page and complete the form. You will be logged in to your trading account and will receive a welcome email with both username and password, which you can change to your preferred password.
It is imperative to ensure that when you are going through a broker application, you clearly read all of the broker’s terms, conditions, and policies. Only proceed if you fully understand and agree to them.
AZtrades Review: Conclusion
In brief, AZtrades is a trading broker that operates from Saint Vincent and the Grenadines and offers multiple tradable assets for online trading. They provide a range of trading tools, educational resources, and 24/7 customer support.
However, the broker does not offer the popular MetaTrader 4 platforms whilst the account funding option are limited and spreads not the lowest that we have seen. The brokers regulation could also be expanded to include regulators such as the FCA, CySEC and ASIC.
Trading in financial instruments may result in losses as well as profits. Past performance does not guarantee future results. Forex and derivatives are leveraged products and involve a high level of risk. Trading in leveraged instruments can result in losses greater than the initial invested capital. Ensure you fully understand the risks involved and seek independent advice if necessary. You should not risk more than you are prepared to lose.