AKO Capitals
About AKO Capitals
AKO Capitals has a rich history, being established in 1999 and commencing its brokerage operations in 2009. Initially rooted in the financial markets of Belgium, the company is currently registered in the Marshall Islands. While the specific license from the regulator is not disclosed, AKO Capitals continues to offer a wide range of financial services.
Offered Instruments
- Currency pairs
- Commodities: from precious metals to gas and oil
- Stocks
- Indices
Trading Platforms
AKO Capitals provides access to the renowned MT4 platform, along with its proprietary mobile application designed for both iOS and Android devices. The availability of these platforms ensures flexibility and convenience for traders.
Trading Accounts
Silver Account. This account can be initiated with a deposit of $250 or euros, offering a maximum leverage of 1:200. Deal sizes vary from 0.01 to 40 lots, with fixed spreads provided as an added benefit.
Gold Account. With an initial investment of $3,000 or euros, traders can open a Gold Account that offers leverage up to 1:300. Deal sizes range from 0.01 to 80 lots, with spreads similar to the Silver Account.
Diamond Account. Reserved for clients with investments exceeding $25,000 or euros, the Diamond Account offers floating spreads as an advantage. Leverage can go up to 1:400, with deal sizes ranging from 0.01 to 150 lots. An Islamic account variant is also available for opening.
Managed Account. Similar to the Diamond Account in terms of criteria, the Managed Account involves trading conducted by specialized professionals. While some reviews have raised concerns about deposit drainage by analysts, AKO Capitals transparently acknowledges the risks associated with the financial markets on its website.
Deposits and Withdrawals
Clients have the option to deposit funds using standard methods such as bank transfers, card payments, and electronic wallets. Withdrawals are processed using the same method as the initial deposit.
Following a withdrawal request, AKO Capitals may conduct verification procedures and request additional documentation. However, specific details regarding the verification process are not explicitly outlined, potentially leading to delays in withdrawals.
Conclusion
While AKO Capitals offers a diverse range of trading instruments and platforms, the absence of a disclosed license and potential delays in fund withdrawals may raise concerns among traders. The mobile applications provided by the company serve as a positive feature, yet they may not fully compensate for the highlighted shortcomings. Traders are advised to exercise caution and conduct thorough research before engaging with AKO Capitals.
This review has been prepared by the specialists at ExpertsReview.