About AKO Capitals
AKO Capitals was founded in 1999, starting its brokerage activities in 2009. The company’s team initially started in the financial markets of Belgium, but currently AKO Capitals is registered in the Marshall Islands. The necessary license from the regulator is not specified.
Offered Instruments
- Currency pairs
- Commodities: from precious metals to gas and oil
- Stocks
- Commodities
- Indices
Trading Platforms
The company offers the use of the classic MT 4 platform, as well as its own mobile application for devices running on iOS and Android.
It is important to remember that using a broker’s proprietary software requires special caution. Some companies abuse technologies by falsifying programs to simulate trading and withdraw client funds. However, AKO Capitals’ applications are available for download on GooglePlay and AppStore, indicating the company’s reliability.
Trading Accounts
Silver Account. Available for opening with a deposit of $250 or euros. Maximum leverage 1:200. Deal sizes range from 0.01 to 40 lots. Fixed spreads are provided as extras.
Gold Account. Account opening is possible with an investment of $3,000 or euros. Leverage up to 1:300. Deal sizes from 0.01 to 80 lots. Spreads are similar to the Silver Account.
Diamond Account. Available to clients with investments over $25,000 or euros. Floating spreads, claimed as extras. Leverage up to 1:400. Deal sizes from 0.01 to 150 lots. Opening an account in an Islamic variant is possible.
Managed Account. Criteria are identical to the Diamond Account, but trading is conducted by specially trained specialists. Some reviews of the company are related to complaints about deposit drainage by analysts. It is important to remember that the financial market is unpredictable, and there are no guarantees of success. The company honestly warns about risks on its website.
Deposits and Withdrawals
Clients can use standard methods to deposit funds: bank transfer, card payments, and electronic wallets.
Withdrawals are made using the same method as the funds were deposited.
It is important to note that after a withdrawal request, AKO Capitals may conduct a verification and request additional documents. However, specific criteria and a list are not provided, which may complicate the withdrawal process.
Conclusion
The lack of a license and the possibility of delayed fund withdrawals raise some questions about the company’s reliability. Mobile device applications may be a plus, but this does not compensate for other shortcomings.