aaaprotrade.net is an online contract-for-difference trading platform launched on October 11, 2024, using "XM Pro" as its brand name. The platform offers investors the ability to trade CFDs on assets such as forex, precious metals, oil, indices, and cryptocurrencies, but does not provide services in regions where doing so would violate local laws.
Overview of Platform Services
Trading Accounts
The platform offers trading accounts with spreads starting from 1 pip and supports leverage ratios of 1:100 to 1:500. The margin call and stop out percentages are set at 100% and 50%, respectively. However, the platform does not disclose minimum deposit requirements or specific details regarding trading commissions and other fees.
Trading Platform
aaaprotrade.net provides a proprietary trading platform compatible with desktop and mobile devices. It claims to have advanced charting tools, over 50 built-in technical indicators, and intraday analysis capabilities.
However, upon clicking the mobile app download link on the official website, the apps found in the App Store and Google Play Store are named ACMJ and RTHYUTG, which do not match the claimed ST5 platform.
Information on Trading Products
Forex
The platform offers trading in various forex pairs, including popular ones like EUR/USD, USD/CAD, GBP/USD, and USD/JPY.
Precious Metals
Users can trade spot precious metals such as gold (XAUUSD) and silver (XAGUSD).
Oil
Supports CFD trading on US oil (UsOIL).
Indices
Covers CFD trading on major global indices including the Nikkei 225 (N225), Germany's DAX (GER30), and the S&P 500 (US500).
Cryptocurrencies
Offers trading in major cryptocurrency pairs such as Bitcoin (BTC/USD), Ethereum (ETH/USD), and Ripple (XRP/USD).
Deposit and Withdrawal Methods
The platform does not publicly disclose the supported deposit and withdrawal methods on its website, nor does it specify any additional charges for fund transactions.
Contact Information and Social Media
XM Pro does not provide official communication channels on major social media platforms such as Facebook, Instagram, and Twitter. Users can only contact the platform via the email provided on aaaprotrade.net.
Company Background and Regulatory Information
Company Background
According to the information provided by aaaprotrade.net, XM Pro is licensed by the Australian Securities and Investments Commission (ASIC), the Cyprus Securities and Exchange Commission (CySEC), the Belize International Financial Services Commission (FSC), and the Dubai Financial Services Authority (DFSA), adhering to strict regulatory standards.
Regulatory Information
Upon verification, XM Pro is actually a counterfeit website imitating the well-known broker "XM," with its name, logo, and company information sourced from XM broker.
Summary
aaaprotrade.net is a CFD trading platform established in 2024, but it is, in fact, a counterfeit site imitating the well-known broker "XM." XM Pro does not possess a legitimate corporate entity or financial regulation.
Risk Warning: CFD trading involves high-risk investment, and market volatility can lead to losses in principal. Leveraged trading amplifies risks and potential returns. Investors are advised to fully understand market volatility and CFD trading mechanisms, assess their own risk tolerance, and operate with adequate experience to avoid reckless investment.
