Beware! AE Global Link is an offshore broker! Your investment may be at risk.
RECOMMENDED FOREX BROKERS
Don’t put all your eggs in one basket. Open trading accounts with at least two brokers.
AE Global Link’s website assures us that it is a trustworthy forex broker – but provides absolutely no evidence of this. In fact, the only thing remarkable about AE Global Linkis its complete lack of all the traits of a legitimate financial services provider. Let’s take a detailed look at why you should stay away from this shady website.
AE Global Link Regulation and safety of funds
|Guaranteed Funds||Segregated Accounts||Negative balance protection|
|AE Global Link||❌||❌||❌|
|UK regulated brokers||£85 000||Yes||Yes|
|EU regulated brokers||€20 000||Yes||Yes|
|AU regulated brokers||No||Yes||Yes|
|US regulted brokers||Yes||Yes||No|
Legitimate forex brokers provide clear and detailed information about the legal entity that owns and operates them, where it is based, what licences it has and which regulators oversee its activities. Lack of such details or improper presentation of them are always a red flag that we are probably dealing with a scam.
The home page of the website lists the company name AE Global Link Company Limited, but there is no indication where it is based. The only means of communication is email. There are no Terms and Conditions, Customer Agreement or other documentation on the website.
When you put your money on the line, it is imperative that you know exactly who you are dealing with and what the terms of the deal are.
Under no circumstances should you trust your money to such anonymous websites. Instead, you can turn to one of the many companies that really work under the supervision of respected regulatory bodies like Cyprus Securities and Exchange Commission (CySEC) or Financial Conduct Authority (FCA) in the UK.
As their customer you will enjoy a number of guarantees including negative balance protection and guarantee for your funds if the broker goes bankrupt, which goes up to EUR 20,000 in EU and 85,000 GBP in the UK. Regulations in the UK and EU include some important measures designed to improve investor protection and promote market integrity and transparency, such as transaction reporting. Regulated brokers are also required to segregate their operational funds from the client’s money.
AE Global Link Trading software
|Analytical tools||Auto trading||Custom indicators||Mobile apps|
|AE Global Link platform||❌||❌||❌||❌|
|MT4||30+ indicators||✅||✅||Android and iOS|
|MT5||50+ indicators||✅||✅||Android and iOS|
|cTrader||40+ indicators||✅||✅||Android and iOS|
The website mentions the MetaTrader 4 (MT4) platform, but we found no evidence that AE Global Link has any trading software. Account registration requires an invitation code. Real brokers allow easy Demo account registration.
These platforms have established themselves as industry standard because they offer a wide range of features, including a variety of options for customization, multiple account usage, designing and implementing custom scripts for automated trading and backtesting trade strategies.
AE Global Link Trading instruments
|AE Global Link||❌||❌||❌||❌||❌|
When you visit the website of a legitimate broker you will find proposals for different types of trading accounts suitable for investors with different preferences, as well as detailed descriptions of trading parameters – minimum deposit, order execution method, tradable financial instruments, leverage, spread, swap, commissions, etc. This is completely absent from the AE Global Link website.
AE Global Link Spreads and cost of trading
|AE Global Link||XM||FBS||FXTM|
We have no reason to believe that AE Global Link offers any real trade.Therefore, promises of low spreads have no real meaning.
AE Global Link Maximum leverage
|AE Global Linkr||❌||❌||❌||❌||❌|
|UK regulated brokers||30:1||5:1||❌||10:1||10:1|
|EU regulated brokers||30:1||5:1||2:1||10:1||10:1|
|AU regulated brokers||30:1||5:1||2:1||10:1||10:1|
|US regulated brokers||50:1||❌||❌||❌||❌|
High leverage creates the opportunity for more significant profit, but correspondingly increases the risk of sudden and excessive losses. All leading regulators therefore restrict leverage for retail traders.
Regulated brokers offer higher leverage only to professional clients who must meet very high standards for capital and experience and forgo the guarantees enjoyed by retail traders.
If you don’t qualify as a professional trader but are willing to take the risk of high-leverage trading, the most viable option is to use the services of an offshore affiliate of an established brand.
AE Global Link Deposit and withdrawal methods
Due to our inability to register an account, we were unable to ascertain what payment methods AE Global Link uses. Experience has shown that fraudsters direct their potential victims to cryptocurrency transactions that do not allow refunds to be requested.
If you’re interested in legitimate brokers that accept digital currency payments alongside conventional methods, check out this list.
AE Global Link Minimum deposit
|AE Global Link||XM||FBS||FXTM|
If you use the services of an established broker, you will be able to take advantage of the offers for starter trading accounts with a very low entry threshold.
AE Global Link Withdrawal requirements
|Trading volume||Fee/Tax on withdrawal||Minimum withdrawal|
|AE Global Link||Not specified||Not specified||Not specified|
|UK regulated brokers||No||No||No|
|EU regulated brokers||No||No||No|
|AU regulated brokers||No||No||No|
|US regulated brokers||No||No||No|
The lack of a publicly available Terms and Conditions or Client Agreement means that scammers may have set many traps such as hidden fees and impossible-to-meet withdrawal terms.