WikiFX

Sagot

One of the main pros of AYA Markets is its accessibility to traders, offering multiple trading instruments and platforms like MT5 and cTrader. These platforms are highly regarded in the trading community, providing a wide array of features for technical analysis and automated trading. The ability to trade with a minimum deposit of just $0 is an attractive feature for those just starting in the forex market. However, the major con of AYA Markets is the unregulated status. This means there is no oversight from major financial bodies like the FCA, ASIC, or CySEC, which could jeopardize the safety of traders' funds. The claim of being regulated by the Mwali International Services Authority doesn't hold the same weight as regulation from more established authorities. For a trader like me, this makes the platform riskier, as unregulated brokers are not required to follow strict financial practices, and disputes can be harder to resolve. I’d suggest researching thoroughly and weighing the risks carefully before investing large sums of money with such a broker.