AOS-Exchange Review – Is AOS-Exchange Scam or Legit?

AOS-Exchange Review - Is it the Right Choice for You?
AOS-Exchange
  • Overall Score
4.4

Summary

When you check out the crypto options on AOS-Exchange, you will discover that they have gone beyond the top three market choices that are usually given to traders by other brokerages. There is a horde of options that you can explore.

AOS-Exchange Review

https://www.aos-exchange.com/Who doesn’t want a luxurious and lavish lifestyle? Everyone wants to live a comfortable life, but it is easier said than done. A lot of people spend years of their lives trying to achieve financial security and it still seems impossible to them in many cases. Wouldn’t it be great if you could earn big without having to spend years doing so? Indeed, it is a very tempting scenario and one that you will find in the financial markets. For decades, people have been trading one financial instrument or the other for making their fortunes, and plenty of succeeded. You will find hundreds of success stories of people who were able to earn big by trading in these markets. 

People may have known about it, but they never delved into this arena because of the complications and commitment is involved. However, as the world has progressed and technology and the internet have brought changes, the financial world has become a great deal more accessible. Gone are the days when you had to go to the market for trading because now you have the option of doing so online, from the comfort of your home or office. Moreover, there are no fixed timings to be followed or any educational or experience restrictions that have to be fulfilled.

Cypher Mind HQ

Even someone who has no background or prior knowledge can step into these markets and they don’t require you to start with a fortune either. You can start slow and then increase your investment, as you start drawing in the returns. But, what are you going to trade? The financial markets are diverse and offer tons of instruments that can be used for making money quickly, but none of them are as lucrative as cryptocurrencies. These digital assets have become renowned for their volatility and it is their very volatility that allows traders to walk away with big profits.

They are a relatively new asset, as the first cryptocurrency i.e. Bitcoin, was introduced in the market in 2009. Nonetheless, in more than a decade, cryptocurrencies have grown rapidly and now the space has become a massive force that is making waves around the world. There are more than 5,000 crypto options that can be found in the market and traders from all over the world are more than eager to dip their toes in the crypto waters to get a share of the profits everyone is making.

The question is how can you do so? Yes, you can trade cryptocurrencies online and the prerequisites in this regard are the same as other trading instruments. There is only one major requirement that you will have to deal with and that involves finding a brokerage that can connect you to the crypto market and give you the platform and resources you need for trading. Considering the hype surrounding these digital assets, you will discover that most companies have added crypto to their offerings. But, it is disappointing to see that most only offer you a limited variety. 

Their offerings don’t go past the top two to three cryptocurrencies in the market, which can restrict traders and not enable them to diversify. If you are in search of more variety, you need to find a broker that specializes in cryptocurrency trading, like AOS-Exchange. As they are only focused on cryptocurrencies, they are able to give you access to a lot more options, and their features and resources are specially catered to meet the needs of crypto traders. Regardless, you still need to check the company thoroughly in order to ensure that they are who they claim to be. 

Bear in mind that what may be the right choice for someone else may not necessarily be the same for you. Thus, it is best to do your own research into AOS-Exchange before you decide for or against it. Let’s see what you will find here:

Broker AOS-Exchange
Website https://www.aos-exchange.com/
Trading Accounts Trail, Basic, Trader, Pro Plus, VIP, Millionaire Club and VIP Ultra
Minimum Deposit €500
Assets Coverage Cryptocurrencies
Trading Tools Market news, webinars, price alerts, risk management system, and social trading
Education and Training Yes; books, videos, tutorials, and other learning material
Customer Support 24/6 through email, online contact form, and phone
Security Policy KYC (Know Your Customer) and AML (Anti-Money Laundering) policies
Parent Company AOS-Exchange Ltd.

AOS-Exchange website screenshot

AOS-Exchange’s Security Protocols 

When you are buying a product or service online and you first vet a company, a lot of people will look at prices, variety, customer support, or other similar features. Most people don’t consider the most important aspect and then end up suffering from the consequences. Security is paramount in the online world because there are inherent risks that you have to deal with. Trading via a brokerage means that you have to deposit your money with them, which could be stolen or misappropriated. Likewise, you would also be expected to share personal information that could be sold or stolen for identity theft. 

Cypher Mind HQ

While it is not possible to fully eliminate these risks, there are steps that can be taken for minimizing them as much as possible. A responsible brokerage is aware of this fact and would take immediate action, which means you start your assessment from the security protocols of AOS-Exchange. It will become apparent that they have opted to follow international security standards by implementing the AML (Anti-Money Laundering) and KYC (Know Your Customer) policies on their platform. These can go a long way in minimizing the possibility of identity theft, terrorist financing and identity theft.

Compliance with these policies is essential on AOS-Exchange to be able to make your deposits and withdrawals on their platform. This involves submitting documentation for providing proof of ID and address. You can submit a government-issued form of ID, such as national ID card, driver’s license or passport for identity confirmation. Address confirmation is provided through submitting a bank statement or a utility bill, like water, gas or electricity, which shows your name and address. If you are planning to use your credit card for making your deposits and withdrawals, a front and back photo of the card in question is also needed.

Obviously, you would be concerned about sharing such sensitive information with AOS-Exchange. To reassure you, they have used the highest grade of SSL (Secure Socket Layer) technology on their website. This means that all information shared with them is encrypted straight away and cannot fall into the wrong hands. If you are wondering what they do with this data, then you can check their Privacy Policy, which is clearly outlined on their website. It indicates that all information is only for providing services and not licensed, sold or shared with anyone without consent.

AOS-Exchange’s Crypto Options 

Now that you have made sure you will find a secure environment to trade in, the next step is for you to evaluate exactly what you will be able to trade. Granted, AOS-Exchange is a crypto broker and claims to offer you an array of these to trade, but do they really live up to these expectations? Are they able to offer you enough choices for you to be able to diversify? This is an important question because the choices available to you will determine how much profits you can make. Investing in only a couple of options means the risk is high and diversification gives you the chance to reduce this risk and earn maximum returns. 

When you check out the crypto options on AOS-Exchange, you will discover that they have gone beyond the top three market choices that are usually given to traders by other brokerages. There is a horde of options that you can explore, which include:

  • Bitcoin 

The first cryptocurrency in the world, Bitcoin was launched by Satoshi Nakamoto in 2009. It is the leading cryptocurrency today with the highest market capitalization and there will only be ever 21 million of these coins to be mined. Once all of them have been mined, there will be no more and this limited quantity has boosted the popularity of this crypto to new heights, making it immensely profitable. 

If Bitcoin is the gold standard in cryptocurrency, Litecoin is its silver. Launched in 2011, this cryptocurrency competes with Ethereum for the second place in the crypto space. It offers excellent transaction speed and it also comes with a cap of 84 million coins that will ever be mined. 

  • Ethereum 

Technically, Ethereum is the blockchain technology that powers the cryptocurrency Ether, but it is often used to refer to the crypto itself. Introduced in 2015, Ethereum is one of the most advanced ones out there and offers the capability of smart contracts, which has made it unique and versatile.

As the name indicates, this particular crypto was inspired by Bitcoin and was launched in 2017. It is completely decentralized, which works in its favor and it offers a peer-to-peer electronic cash system that doesn’t need any third parties for operating. 

  • Zcash 

Another crypto that’s remarkably similar to the pioneer, Zcash does have some different features that have made it unique. It is a privacy-focused crypto that can offer anonymity to users thanks to its decentralized blockchain that comes with an encryption feature. Just like Bitcoin, its total supply has also been restricted to 21 million coins.

One of the most well-known names in the list of privacy-focused cryptocurrencies is none other than Monero, which relies on donations for its development. Known as XRM, it tends to be volatile, but this only adds to the incentive because it is able to offer more returns. 

As mentioned earlier, there are more than 5,000 cryptocurrencies that you can find in the market. AOS-Exchange not only offers you the ones mentioned above, but has also added others like NEM, DASH, USDT, IOTA, Ox, and more. You can choose to invest your money in as many cryptocurrencies as you want, in order to enjoy full diversification. 

AOS-Exchange’s Registration Procedure

The first step that you have to complete in order to use a broker’s services is to register with them. This step can often be intimidating for traders because they have to meet with some complex requirements, fill out numerous forms and even sign a contract in some situations. This can be quite frustrating to say the least. Many traders end up abandoning the process halfway because of these issues. So, what does AOS-Exchange as you to do? In order to register with them, you first have to go their website and you will see a form right there on the homepage to be filled for creating an account.

It is a fairly short form and it is all you need to complete in order to register with AOS-Exchange. The form asks you to share your first name, last name, email address, password, country of residence, and phone number. You also have to choose an account currency that you want to use. The last two steps involve confirming that you are at least 18 or above in order to use their services and that you agree to their Terms & Conditions. If you are uncertain about this step, you can find them on the website and can go through them for your peace of mind.

AOS-Exchange’s Financial Plans

When you are done with registration, you need to move to the next step, which means choosing a financial plan. Most brokerages offer several plans to their clients, particularly those who are targeting traders of all levels. AOS-Exchange falls in the same category, as it is offering its services to newbies, beginners, intermediate, skilled and professional traders. No matter what kind you are, they are ready to facilitate and this is why they have offered several financial plans for you to choose from. Most platforms only have 3 to four choices available, but here you will find seven plans, which ensure that your needs are met and you have access to what you need. 

Check out the financial plans below in order to choose from them:

  • Trail Account 

Having a minimum deposit requirement of €500, this is the first financial plan that you will come across on AOS-Exchange. It is equipped with basic videos regarding the system, market reviews and the latest news, gives access to a learning center with tutorials, specialist opinions and full customer support is also available. As far as trading conditions are concerned, this plan comes with regular spreads and has a leverage of 1:100. 

  • Basic Account 

The second financial plan that has been developed comes with a minimum deposit requirement of €5,000. Along with the features of the trail plan, this one gives you some extras. It comes with a personal account manager and even a risk manager for your assistance. Plus, the leverage in this account is increased to 1:150 and the spreads are reduced. 

  • Trader Account 

The third financial plan that you will find at your disposal is the Trader Account and this one needs a minimum deposit of €10,000. The leverage is increased once again, this time to 1:200 and it comes with some bonus features. You can get access to webinars, get a senior account manager now and a risk management system. In addition, it also offers social trading capabilities that allow you to copy the trades of some of the top traders in the market. 

  • Pro Plus Account 

The next financial plan on the platform will require you to deposit at least €50,000 in order to open it, so it is a good choice for serious traders who don’t mind investing this much capital. The leverage in this plan goes up again to reach 1:250. A private senior account manager is now provided to the traders and they can also get private lessons from experts. Moreover, they can tap into the expertise of a private analyst and they also get a private risk manager to assist them. 

  • VIP Account 

There is a minimum deposit requirement of €100,000 for this financial plan, which makes it a smart choice for expert traders. They will be given leverage of 1:300 in this account and they get to use a senior market analyst for guiding them about the market. They can also meet some of the top traders in the market, join a traders’ group club and receive worldwide invitations to conferences with some other gifts. 

  • Millionaire Club 

A financial plan that’s suitable for professional traders, the Millionaire Club needs an investment of at least €500,000. It offers a leverage of 1:350 as an incentive and the spreads are really low. It offers worldwide broker connections, a private support manager, prioritizes hedging strategies, comes with private banking and also provides you with a personal team with a group leader for a complete and comprehensive trading experience.

  • VIP Ultra Account 

The last financial plan that traders will find on AOS-Exchange is for VIP traders with a high trading volume. The minimum deposit requirement for this account is €1,500,000, but traders cannot just simply sign up for this one. It has some other prerequisites that need to be met and you can learn more about these from your account manager. It offers a leverage of 1:400, as an incentive, and comes with features like insured contracts, Black card, risk specialists, conference invites, hedging automatic trader, interest accumulation programs, and strategy advice from multiple firms. 

AOS-Exchange trading platforms

AOS-Exchange’s Trading Platform 

Once you have gone over the various financial plans available and made up your mind about which one to opt for, it might be time for you to weigh in on the trading platform you will have to use. This defines the software that’s primarily used for the execution of trades in the crypto market and its performance and capabilities can have a direct impact on your performance. Therefore, it is not something where you want to make compromises and it is a good idea to know what you can expect. AOS-Exchange offers you their own brand of trading platform, which is a web-based one.

This is a great option because it automatically means that you are not required to download or install anything on your device. It runs through the AOS-Exchange website, as it is an online platform, which enables you to use it anywhere and anytime. In fact, you can even enjoy trading on the go because it can be accessed on your mobile devices, whether Android or iOS. Cutting-edge technology has been used for powering the trading platform and it is equipped with the right tools and features that can simplify the trading process. 

Furthermore, AOS-Exchange also allows its traders to open a wallet on some of the leading exchanges in the market, such as CEX.IO, BTC.com and Blockchain. You can make your deposits and buy the cryptocurrency you want on the exchange of your choice. There are no complicated steps that you have to go through and the platform offers you excellent execution speed. Also, it is easy to navigate, so you don’t have to worry about a learning curve.

AOS-Exchange’s Support 

Support is a crucial feature for online businesses and it is even more necessary for brokers because traders may need help and the longer it takes, the more opportunities they will miss. AOS-Exchange has facilitated its clients by providing them various channels of support that can be used for getting in touch with their team. You can go to the Contact Us section on their website to find out what options are available. There is a web contact form that can be filled out for information or you can send in an email to their support staff. A phone number is also provided, which can come in handy for urgent queries. Their agents are quite friendly and willing to answer your questions quickly to help you get back to trading.

Conclusion 

After you have assessed all these features of AOS-Exchange, you can conclude that it is the right choice to trade and invest in the cryptocurrency market.

Author: Jerry Dedmon

Jerry Dedmon is a new writer on Cryptocoin Stock Exchange, his articles are cryptocurrency news, analysis and blockchain news based. We recommend tuning in for Jerry's daily posts as they are always a great and interesting read.

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