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FAQ

Find answers to the most popular questions regarding trading with AIMS

About AIMS

Most frequent questions and answers

AIMS started in 2015 and currently holds both ASIC and Labuan brokering licences:

Australian Securities & Investments Commission (ASIC) licence number 430091


Labuan Financial Services Authority (LFSA) licence number MB/17/0017

AIMS provides a wide range of electronic trading products for institutions and trading professionals which include CFD products such as Stocks, Indices, Oil and Currencies.

The top management has reputable years of working experience in international banks, insurance organizations and investment areas. Through their vast financial experiences and operational capacity, as well as continuous improvising business models, AIMS offers the best protection for clients’ funds, outstanding liquidity and quality trading environment. Since 2015, AIMS is constantly upgrading to be more innovative and technology – oriented. We are committed to simplifying trading and maximizing profits for every client.

AIMS is headquartered in Sydney, Australia.

AIMS holds licenses from from both Australia and Malaysia.The regulatory bodies which approved these licenses are as follows:

Australian Securities & Investments Commission (ASIC) licence number 430091

Labuan Financial Services Authority (LFSA) licence number MB/17/0017

AIMS is a true STP broker, aims to provide the safest trading environment. The innovative STP model allows all clients’ trades to be directed to global clearing banks so that all trades are executed at real-time prices.

Our key features include:

STP model directly delivers trades to global clearing banks

Trade orders executions is only 0.02s

Support scalping and high-frequency trading

Fair and transparent trading with no intervention

AIMS holds both ASIC and Labuan brokering licences:

Australian Securities & Investments Commission (ASIC) licence number 430091

Labuan Financial Services Authority (LFSA) licence number MB/17/0017

AIMS provides a wide range of electronic trading products for institutions and trading professionals which include CFD products such as Stocks, Indices, Oil and currencies.

The minimum deposit is USD 100.

Two types of identification documents are required for successful approval. You are required to provide a clear scan of both document types and upload it to your User Profile > Document section after registration.

 

1. Proof of identity:

A valid government issued identity card or passport

2) Proof of address:

A copy of a recent account statement from a recognized bank or

A copy of a recent utility bill or

A copy of a government-issued document with your residential address listed

AIMS will make your administration process hassle-free and efficient. You may begin trading in just 2 simple steps:

 

Step 1: Online Registration

You are required to complete our online application form by providing all the necessary information for your account. Upon your successful sign up, you will receive a welcome email from AIMS. This entire process is intuitive and should not take more than 3 minutes.

 

Step 2 : Funding in

After you have received our approval email, you will be automatically logged into your account and may deposit funds into your account via several methods. Once the funds are credited, you may begin trading.

 

Step 3: Uploading Required Documents

After registration, Click on User Profile at the top right hand corner of the screen. Scroll down until you see the Document section. Upload your remaining personal documents.

 

Important note:

If you have received a sign-up link or QR code, you can use the link or scan the QR code for quick access to AIMS account registration page.

AIMS requires your bank details to process your withdrawal. This is in line with the requirement of regulatory authorities.

AIMS will never share your private data without your permission.

There are no fees involved in opening a live account with AIMS.

Yes, hedging is allowed. AIMS does not impose any restrictions on your trading methods. We respect the style of each individual trader and it is our duty to provide you with the best platform to maximize your potential.

AIMS offers flexible leverage options ranging from 1:1 to 1:200 for all live accounts.

AIMS leverage is default at 1:100. Every client will be subjected to different leverage based on the project(s) that they are involved in. If there are any queries, kindly drop an email to [email protected] indicating your username and account number. Our Customer Service team will attend to your queries.

AIMS does not accept U.S. clients. The U.S. CTFC regulation prevents U.S. clients from trading with brokers outside the United States. AIMS complies with international regulations.

AIMS services are not available to residents of USA, Iran, Cuba, Sudan, Syria, North Korea and any sanctioned countries. Financial trading regulations vary by countries. If unsure, please check with the local relevant laws and regulations.

Only investors over the age of 18 can open an account for trading.

Please follow the steps below to reset your password.

Step 1: Click “Forget your password?” on the login screen,

Step 2: Enter your email address registered with AIMS. You will receive an email from AIMS,

Step 3: Click on the link provided in the email to reset your password.

Please follow the steps below to reset your password.

 

Step 1: Log into to your account on cp.aimsfx.com

Step 2: Go to “Setting” on the top right hand corner

Step 3: Click “Change Password”

Step 4: Enter Current Password, New Password and Confirm Password

Step 5: Click “Change Password” to save changes.

Live Account

Most frequent questions and answers

Two types of identification documents are required for successful approval. You are required to provide a clear scan of both document types and upload it to your User Profile > Document section after registration.

1. Proof of identity:

A valid government issued identity card or passport

2) Proof of address:

This can be any utility bill, bank statement from a recognized bank or government-issued document. The document needs to have been issued within the last 3 months and must show your name, full residential address and the issue date

AIMS will make your administration process hassle-free and efficient. You may begin trading in just 2 simple steps:

Step 1: Online Registration

You are required to complete our online application form by providing all the necessary information for your account. Upon your successful sign up, you will receive a welcome email from AIMS. This entire process is intuitive and should not take more than 3 minutes.

Step 2 : Funding in

After you have received our approval email, you will be automatically logged into your account and may deposit funds into your account via several methods. Once the funds are credited, you may begin trading.

Step 3: Uploading Required Documents

After registration, Click on User Profile at the top right hand corner of the screen. Scroll down until you see the Document section. Upload your remaining personal documents.

Important note:

If you have received a sign-up link or QR code, you can use the link or scan the QR code for quick access to AIMS account registration page.

AIMS requires your bank details to process your withdrawal. This is in line with the requirement of regulatory authorities.

AIMS will never share your private data without your permission.

There are no fees involved in opening a live account with AIMS.

Yes, hedging is allowed. AIMS does not impose any restrictions on your trading methods. We respect the style of each individual trader and it is our duty to provide you with the best platform to maximize your potential.

AIMS offers flexible leverage options ranging from 1:1 to 1:400 for all live accounts.

AIMS leverage is default at 1:400. Every client will be subjected to different leverage based on the project(s) that they are involved in. If there are any queries, kindly drop an email to [email protected] indicating your username and account number. Our Customer Service team will attend to your queries.

AIMS does not accept U.S. clients. The U.S. CTFC regulation prevents U.S. clients from trading with brokers outside the United States. AIMS complies with international regulations.

AIMS services are not available to residents of USA, Iran, Cuba, Sudan, Syria, North Korea and any sanctioned countries. Financial trading regulations vary by countries. If unsure, please check with the local relevant laws and regulations.

Only investors over the age of 18 can open an account for trading.

Please follow the steps below to reset your password.

Step 1: Click “Forget your password?” on the login screen,

Step 2: Enter your email address registered with AIMS. You will receive an email from AIMS,

Step 3: Click on the link provided in the email to reset your password.

Please follow the steps below to reset your password.

 

Step 1: Log into to your account on cp.aimsfx.com

Step 2: Go to “Setting” on the top right hand corner

Step 3: Click “Change Password”

Step 4: Enter Current Password, New Password and Confirm Password

Step 5: Click “Change Password” to save changes.

Demo Account

Most frequent questions and answers

Demo accounts are otherwise known as “practise” accounts for new traders to familiarize themselves with the AIMS trading platform to get a feel of actual live trading. It is a highly recommended way to begin your trading career or for experienced traders to test newly formulated techniques and strategies. In this circumstance, we offer demo accounts for Metatrader 4.

No real money is involved. As mentioned, a demo account is an instrument for practise using virtual money. The amount of virtual money is determined based on your choice of initial deposit of either USD 10,000 or any amount you select.

Unlike most online brokers, AIMS demo trading account does not expire. We welcome you to use our free demo accounts for as long as you wish because we believe that you should only start live trading when you feel comfortable.

We encourage you to continue practising trading on our demo accounts till you are sufficiently equipped and ready to make real money.

The basic intention of the demo account is to mimic live trading so that traders can have a tangible feel of a real trading environment. The pricing on the demo platform is indicative of the live pricing. However, it should not be confused as a real time mirror image of what is displayed on a live account.

 

The demo account is designed to assume that all markets are infinitely liquid at all times of any transaction. However, this may not be the case of how the live markets function. During highly volatile market periods such as important news releases, there are occasions when the interbank market is illiquid.

 

Both the demo account and the live account are hosted on different servers.

This is to ensure that clients are able to experiment with all kinds of trading methods and EAs on demo servers and that these excessive loads do not affect the integrity and performance of the live servers.

However, we strive to uphold the most indicative pricing and spread to provide the best gauge of a live account.

Please follow the steps below to create your demo account.

Step 1: Open AIMS Metatrader 4 software

Step 2: The “Open an Account” screen may appear automatically upon first log in. Otherwise, go to “File” and click on “Open an Account”

Step 3: Select “New Demo Account”

Step 4: Fill in the information required and check the “I agree to subscribe to your newsletters” box and click “Next”

Step 5: You will be given a Login and Password. Do record down this login information as it is likely required on your subsequent logins

Step 6: Your Demo Account Number will be displayed on the top left corner of AIMS Metatrader 4 as well as under the navigator window

Similar to the live account, there is no trading on weekends. Trading is available only during regular trading hours. The Currency Market opens on Sunday 5pm EST (10pm GMT) and closes on Friday 5pm EST (10pm GMT).

MetaTrader 4

Most frequent questions and answers

AIMS is using MetaTrader 4 (MT4) platform, provided by MetaQuotes.

MT4 platform is supported by Windows, Mac OS, Linux, iPhone/iPad and Android devices.

There are 2 ways to download the MT4 platform.

a. Click the links provided in the email provided after your account registration to download the MT4 platform, or

b. Go to the AIMS website at aimsfx.com to download the MT4 platform

Note: Computers and laptops running MacOS (or other operating systems by Apple) require a special application to operate this software. Mobile phone users can download the MT4 mobile application via Google Play Store or Apple Store.

Please follow the steps below to install MT4 platform for Windows.

Step 1: Click on the installation file. AIMSCAP MetaTrader 4 Setup window will appear

Step 2: A new window will appear that shows the installation progress

Step 3: Upon completion of the installation process, AIMS MT4 program will open automatically. Click “Finish” if it fails to open.

Please follow the steps below to install MT4 platform on your mobile device.

Step 1: Download the MT4 application from the Google Play Store or Apple Store

Step 2: Open MT4 platform and click Login to An Existing Account

Step 3: Type Aims to search for AIMS Broker Server

Step 4: Select AIMS – Live Server for live account or “AIMS – Demo Server” for demo account

Step 5: Key in your MT4 Account number and password provided by AIMS.

Please follow the steps below to add additional MT4 accounts on your mobile device.

Step 1: Log into your MT4 account

Step 2: Go to “Setting” on the top right corner and click “Manage” accounts”

Step 3: Click “+” then click Login to An Existing Account

Step 4: Type AIMS to search for AIMS Broker Server

Step 5: Select AIMS – Live Server for live account or “AIMS – Demo Server” for demo account

Step 6: Key in your MT4 Account number and password provided by AIMS.

These are the possible reasons:

 Incorrect account number

 Incorrect password

 Incorrect server. Note: Please use “AIMS-live” server for real users and “AIMS-Demo” for simulated user.

AIMS uses the mobile MT4 trading platform provided by MetaQuotes, which is applicable to Apple’s iOS (iPhone) and Android systems.

We recommend mobile MT4 due to:

  • Speedy performance, hence better accuracy
  • Stability
  • Simple user interface
  • No geographical restrictions
  • Convenient trading on-the-go

Please follow the steps below to change your MT4 account leverage.

 

Step 1: Log into your MT4 account

Step 2: Mouse over “MT4 Account” and select “Account”

Step 3: Click “Manage” from the MT4 account list and select “Change Leverage”

Step 4: Select leverage and click “Confirm update”

Step 5: Click “Yes” on the pop-up text box.

Please follow the steps below to reset your MT4 password.

 

Step 1: Log into your MT4 account,

Step 2: Mouse over “MT4 Account” and select “Account”

Step 3: Click “Manage” from the MT4 account list and select “Reset MT4 Password”

Step 4: Click “Yes” on the pop-up text box.

Please follow the steps below to reset your MT4 password.

Step 1: Log into your AIMS account,

Step 2: Click “Tool”

Step 3: Click “Option”

Step 4: Under “Server” tab, click “Change Password”

Step 5: Enter your current password in the Current Password” field

Step 6: Enter your new password in the “New Password” field

Step 7: Enter your new password in the “Confirm” field

Step 8: Click “Ok”.

Please follow the steps below to change the language setting.

 

Step 1: Go to “Main Menu”

Step 2: Click the second button from the “Main Menu”

Step 3: Click “show”, “check” or “view” (depending on current language)

Step 4: Select language and close the MT4 platform to apply changes

Step 5: Re-start your MT4 account.

Right-click on the market quotation column and click “Show all” to view all tradeable instruments.

Please follow the steps below to add tradeable instruments.

 

Step 1: Open the market information page (“Quotes”)

Step 2: Click “+” on the upper right corner

Step 3: Select from the list of tradeable instruments and return to the market information page (“Quotes”).

Please follow the steps below to clear your MT4 history.

 

Step 1: Log into your MT4 account,

Step 2: Double click the selected time such as 1 minute and 5 minutes in the menu bar

Step 3: Click “Tools”

Step 4: Click “History data center”

Step 5: Click “Select variety”

Step 6: Hold down shift key and select all

Step 7: Delete all records in the database

Step 8: Close the MT4 platform. History will be removed.

No, account deletion is not supported.

Please follow the steps below to transfer funds from your MT4 account to E-Wallet.

  • Step 1: Log into your AIMS account
  • Step 2: Mouse over “MT4 Account” and select “Account”
  • Step 3: Click “Manage” next to the MT4 account
  • Step 4: Click “Transfer to E-Wallet
  • Step 5: Enter the amount to transfer and click “Confirm Withdraw”
  • Step 6: Proceed to submit your withdrawal from your E-Wallet.

Please follow the steps below to transfer funds between MT4 accounts.

  • Step 1: Log into your AIMS account
  • Step 2: Mouse over “MT4 Account” and select “Account”
  • Step 3: Click “Manage” next to the MT4 account
  • Step 4: Click “Transfer between MT4”
  • Step 5: Enter the amount to transfer and click “Confirm Withdraw”.

It is possible to close all positions by using EA. However, manual closure of positions relies on the individual.

Please follow the steps below.

 

Step 1: From “Tools”, select “Click for trading”

Step 2: Click “Options trading”

Step 3: Read and agree the terms of use

Step 4: Click icon “X” below profit to quickly close or cancel pending order(s).

Please follow the steps below to add technical indicators.

 

Step 1: Log into your MT4 account

Step 2: Go to “File” and select “MQL4”

Step 3: Select the indicators to be added

Step 4: Close MT4 to refresh to indicators list

Step 5: Re-start your MT4 account

Step 6: Customize the indicators according to your preference. The indicators are now ready to be added onto the trading charts.

Deposit

Most frequent questions and answers

The minimum deposit is USD 100.

Yes. The deposited amount will be converted to US dollars using the real-time exchange rate.

These options are available depending on your regions:

  • Electronic Money Institution (EMI)
  • Credit Card
  • Payment Gateways

Kindly follow the steps below to make a deposit.

  • Step 1: Log into your AIMS account
  • Step 2: Mouse over and click “Deposit”
  • Step 3: Select the MT4 account to deposit
  • Step 4: Select your method to deposit
  • Step 5: Select “USD” as the currency
  • Step 6: Enter the amount to deposit
  • Step 7: You will be directed to the payment gateway for approval. For wire transfer, please upload the proof of transfer
  • Step 8: Click “Confirm”. Your deposit will be credited to your account after verification

After making a transfer to our corresponding EMI using your local banking account, kindly complete the steps below.

  • Step 1: Log into your AIMS account
  • Step 2: Mouse over and click “Deposit”
  • Step 3: Select the MT4 account to deposit
  • Step 4: Select “Bank Transfer” as your method to deposit
  • Step 5: Select your currency local (the exchange rate will be based on our indicative backend rate)
  • Step 6: Enter the amount to deposit
  • Step 7: Click “Browse” to upload transfer advice
  • Step 8: Click “Confirm Deposit”. Your deposit will be credited to your account after verification which is usually within 1-2 business days
  • Step 9: You will receive an email notification regarding the funding approval

The service charges for deposit via wire transfer range from USD 30-60 per order by the bank

We encourage you to use STICPAY to fund using Mastercard/Visa. For more information regarding STICPAY, kindly visit our FAQ section at www.aimsfx.com/faq

STICPAY is an international online payment service for fast and secure financial transactions. This instant payment system is now available for our clients in most countries.

You can easily deposit money via STICPAY using bank transfers and cards. For more information regarding STICPAY, please visit their FAQ section at www.sticpay.com/support#faq-tabs

For deposits and withdrawal using for Mastercard/Visa via STICPAY, the fees are 3.5%.

The available currencies (and cryptocurrencies) are AED, ARS, AUD, BTC, CAD, CHF, CLP, CNY, EUR, GBP, HKD, HUF, IDR, INR, JPY, KHR, KRW, LTC, MXN, MYR, NPR, NZD, PEN, PHP, PLN, RUB, SGD, THB, TRY, USD, VND.

It ranges from immediate to 1-2 business days depending on the method of deposit. Most important, it is crucial to register a merchant account with STICPAY.

It takes just a few minutes to create a STICPAY wallet and bring all your payment details together in one place. Go to: www.sticpay.com/open_account/customer.

  • 1. Make sure your STICPAY account is verified.
  • 2. Make sure you have sufficient balance in your STICPAY wallet.
  • 3. Make sure STICPAY is available and acceptable in your country.
  • Please follow the steps below to make a deposit via STICPAY:

    • Step 1. Log into your AIMS account
    • Step 2. Mouse over and click “Deposit”
    • Step 3. Select the MT4 account to deposit
    • Step 4. Select STICPAY, select USD currency, input deposit amount in either the Payment Amount or Deposit Amount box
    • Step 5. Submit deposit request by clicking on “Confirm Deposit” and click “Yes” on the pop-up screen
    • Step 6. Now you will be taken directly to STICPAY. Log in and confirm the transaction from your STICPAY account
    • Step 7. Your deposit will be credited to your account after verification which is usually within 1-2 business days
    • Step 8. You will receive an email notification regarding the funding approval.

    Important notes:

    • 1. Make sure your STICPAY account is verified.
    • 2. Make sure you have sufficient balance in your STICPAY wallet.
    • 3. Make sure STICPAY is available and acceptable in your country.

There is no restriction when using card / banking account to deposit,

AIMS provides fund security by way of Professional Indemnity Insurance (PII) of up to USD 2 Million for all clients’ funds held in segregated accounts which are regulated by the Australian Securities & Investments Commission (ASIC).

Regardless of whether you deposit via online transfer or over the counter banking, you will receive a confirmation slip/receipt indicating the status of your transaction. You may check the status of your deposit online by following the steps below or contact your bank for more details.

  • Step 1: Log into your AIMS account,
  • Step 2: Click your “MT4 account” to view the status of your deposit.

If you are still not able to trace your deposit, please provide the proof of transaction(s) when submitting your enquiry to AIMS.

There will be no deposit or withdrawal charges on our end. However, your bank may impose charges on your end. Kindly check with your bank for more details.

If you have transferred funds to a wrong bank account, you should inform your bank immediately and notify us via email.

Withdrawal

Most frequent questions and answers

Withdrawal can only be made to the account holder of the bound card / banking account.

This is to prevent malicious withdrawal. The name on the card / banking account must be consistent with the name of your account with AIMS.

Please follow the steps below to change your banking details.

  • Step 1: Log into your AIMS account
  • Step 2: Go to “User Data” to update your banking details
  • Step 3. Click “Update” and wait for approval. The approval process will usually take 1-2 business days.

You can submit your withdrawal request online. Please follow the steps below to make a withdrawal.

  • Step 1: Log into your AIMS account
  • Step 2: Click “Revenue”
  • Step 3: Click “Withdrawal/Transfer”
  • Step 4: Select “Withdrawal via/transfer to”
  • Step 5: Select from “Please select a Bank Account”
  • Step 6: Enter your withdrawal amount
  • Step 7: Click “Confirm Withdraw”. You should receive your withdrawal within 1-2 business days.

You should receive your withdrawal within 1-2 business days after submitting your request. You may check your withdrawal status online.

  • Step 1: Log into your AIMS account
  • Step 2: Click your “MT4 account” to view the status of your withdrawal.

AIMS provides fund security by way of Professional Indemnity Insurance (PII) of up to USD 2 Million for all clients’ funds held in segregated accounts which are regulated by the Australian Securities & Investments Commission (ASIC).

We cannot accommodate your request because we have to follow the standard clearance procedures which will usually take 1-2 business days.

If you are prompted to upload information, it means you have not submitted your banking details or your details are incomplete.

Please follow the steps below to update your banking details.

  • Step 1: Log into your AIMS account
  • Step 2: Go to “User Data” to update your banking details
  • Step 3. Click “Update” and wait for approval. The approval process will usually take 1-2 business days.
  • Step 4: Try to submit your withdrawal request again after your banking details has been verified and approved.

AIMS will not entertain any third party withdrawal requests. Third party withdrawals will be rejected in accordance and in compliance with the international anti-money laundering pact in which AIMS must adhere to.

Please follow the steps below to transfer funds from your MetaTrader 4 to E-Wallet.

  • Step 1: Log into your AIMS account
  • Step 2: Mouse over “MT4 Account” and select “Account”
  • Step 3: Click “Manage” next to the MetaTrader 4 account
  • Step 4: Click “Transfer to E-Wallet”
  • Step 5: Enter the amount to transfer and click “Confirm Withdraw”.

No, you can’t. Your MetaTrader 4 account is for trading purposes only.

Please transfer your funds to E-Wallet for withdrawal by following the steps below.

  • Step 1: Log into your AIMS account
  • Step 2: Mouse over “MT4 Account” and select “Account”
  • Step 3: Click “Manage” next to the MetaTrader 4 account
  • Step 4: Click “Transfer to E-Wallet”
  • Step 5: Enter the amount to transfer and click “Confirm Withdraw”
  • Step 6: Proceed to submit your withdrawal to your E-Wallet.

Withdrawal of capital will be made through the original mode of funding. Withdrawal of profit will be made through bank transfer to your personal banking account.

 

For deposits and withdrawal using STICPAY, the fees are as follows: www.sticpay.com/fees?locale=en_US

Margin Call & Stop Out Policies

Most frequent questions and answers

Your trading account will require trading margin. A margin call will be issued when your Margin Level (%) hits a level of 200%. As an indicator/signal that your account requires more margin, the dashboard terminal will turn pink/red and traders are advised to reduce their exposure or increase their available margin.

The critical level is at 100%, whereby open positions will be closed by AIMS in order to free up more margin. This is to prevent traders from an over-exposure in their trading positions and causing their accountsto go into negative equity. All credits included in the trading equity can be used as margin, which means that clients already have an advantage of increased margin right from the start.

Stopout Warning:Clients must be aware of AIMS’ stop-out mechanisms. When the level of stopout is reached (margin level 100%), all orders will be automatically realized and cut. AIMS operates on a fully STP model, we follow the same methodology of positions closure as our Liquidity Providers.

A contract for difference (“CFD”) is an agreement between an investor and a CFD broker to exchange the difference in the value of a financial product between the time the contract opens and closes. CFD trading is a popular form of derivative trading which enables a trader to speculate on the rising or falling prices of fast-moving global financial markets, such as foreign exchanges, indices, commodities, shares and treasuries.

As CFD is a leveraged product, it allows clients to greatly reap the potential profits of a trade but it can also cause potential losses to clients due to instances when losses incurred are possibly higher than the original capital invested.

With the implementation of Negative Balance Protection, losses incurred are never higher than the account balance of the client.

Negative Balance Protection Policies

Most frequent questions and answers

A contract for difference (CFD) is an agreement between an investor and a CFD broker to exchange the difference in the value of a financial product between the time the contract opens and closes. CFD trading is a popular form of derivative trading which enables a trader to speculate on the rising or falling prices of fast-moving global financial markets, such as foreign exchanges, indices, commodities, shares and treasuries.

 

As CFD is a leveraged product, it allows clients to greatly reap the potential profits of a trade but it can also cause potential losses to clients due to instances when losses incurred are possibly higher than the original capital invested.

With the implementation of Negative Balance Protection, losses incurred are never higher than the account balance of the client.

For the benefit of all AIMS’ clients, AIMS has implemented a Negative Balance Protection Policy (“NBPP”), on a per account basis, whereby the client cannot lose more than his invested capital.

Nonetheless, the client is expected to actively monitor and manage open positions in the account and to contact AIMS about options if the account is close to a margin call. The client agrees not to abuse the NBPP and acknowledges that AIMS reserves the right, at its sole discretion, to immediately terminate the client’s access to the trading account and to recover any losses caused by the client in the case of abuse.

In the unlikely event that a negative figure occurs in the account of an AIMS client due to instances such as a market gap, AIMS will credit the said account to zerorize the balance within the same trading day.

The NBPP will however only be applied to a client’s first account and can be implemented upon the said client’s request as long as there are no instances of account and or policy abuse.

AIMS may consider the following, whether intentional or unintentional, to be attempts to abuse the policy, by way of, but not limited to:

  • i. hedging exposure by way of multiple trading accounts, whether in the client’s name or in connection with another client;
  • ii. a cash withdrawal request made from the account which causes a drop in the margin level to 50% or lower;
  • iii. using arbitrage to intentionally take advantage in gaps or delays in the data feed in such a way that it creates an exceptionally large exposure for AIMS; and or
  • iv. failure to take reasonable and responsible action to ensure open positions are managed in order to reduce the risk of loss.

In the event that a negative balance occurs in a client’s first trading account, the said client is allowed to open a second or third account with AIMS by first requesting to reset his first account and subsequently depositing into his second or third account. The subsequent accounts, however, will not be protected against negative balance(s) and in the event of such, the said client will have to reimburse the same to AIMS.

In the event that a negative balance occurs in a client’s first trading account over the course of normal trading, AIMS will fully cover the losses.