Airmarkets pros and cons
Pros
- Each of the five accounts has its own published spread; VIP quotes 0.9 on EUR/USD.
- Lot sizes, leverage caps and swaps sit in open tables on the site, all 264 swap lines included.
- Share CFDs from the Emirates, among them Emaar, Salik and Dubai Taxi.
- The risk disclosure promises your balance can’t fall below zero.
- Leverage capped at 1:5 on crypto and share CFDs.
- A withdrawal filed before 10:00 GMT gets processed that day.
Cons
- Licensed by MISA in the Comoros, so no investor compensation.
- Pages full of leftover text naming XPro Markets.
- Margin rules on the site differ from the contract.
- Holding overnight always costs, whichever side you’re on.
- No scalping allowed.
Basic information
| Website | https://www.air-markets.com/en/ 74-89% of retail investor accounts lose money when trading CFDs with this provider. |
| Company | Airmarkets Comoros Ltd, IBC number HV00726496 |
| Licence | BFX2026046, Mwali International Services Authority (MISA) |
| Address | Bonovo Road, Fomboni, Island of Moheli, Comoros Union |
| Contract governed by | Law of the Union of the Comoros |
| Accounts | Classic, Silver, Gold, Platinum, VIP |
| Base currencies | USD, EUR, CHF, GBP |
| First deposit | €250 in the Terms and Conditions, 250 USD in the FAQ |
| Leverage | Forex CFDs 1:400; index, metal and commodity CFDs 1:200; crypto and share CFDs 1:5 |
| Commission | 0% |
| CFDs on | Forex, indices, metals, commodities, crypto, shares |
| Platform | Web Trader in the browser |
| Negative balance protection | Yes |
| Funding | Bank transfer, card, e-wallet |
| Contact | Live chat, web form |
| Not accepted from | USA, Canada, Russia, Iran, Iraq, Myanmar, North Korea |
Trading platforms
Web Trader is the single platform with its own page, and even that page hangs off the sitemap, not the menu. Open it and you get a browser terminal with one-click orders, four charts at once, nine search filters and price alerts. News and an economic calendar run inside it.
MetaTrader 4 appears in three places: the footer, the Platinum account page and the Trading Central page. Clicking it goes nowhere. The footer entry has no link, and the same goes for the App Store and Google Play badges on the homepage. For now, Web Trader is the only platform with a working way in.
Judging by the product image above, Web Trader follows the familiar pattern. Instruments stack up in a column on the left and the chart takes the centre, with positions in the strip below it. A side panel lists pip value and minimum position size for whatever you’ve selected.
Trading Central adds Technical Views plus the Alpha Generation indicators, and those indicators are built for MT4. The site’s own chart analysis and calendar pages ask you to log in first.
Speed? The account pages give 0.08 for three tiers and 0.05 for Gold and Platinum, with no unit. Slippage and requote statistics aren’t published.
Markets and instruments
Everything on offer is a contract for difference (CFD). You never own the share, the coin or the barrel of oil; the contract only tracks its price.
The homepage sorts these CFDs into six groups: forex, indices, metals, commodities, crypto and stocks.
The share CFDs have an unusual geography. From the Emirates alone you get CFDs on Emaar Properties, Salik, Dubai Taxi, First Abu Dhabi Bank and Air Arabia. India is covered by Tata Consultancy Services and Infosys, Taiwan by TSMC and ASUS, Turkey by Turkish Airlines, Chile by Banco de Chile.
Parts of the list haven’t been touched in years. Facebook and Daimler keep their old names, and so does Total. And there is a USD/RUB CFD, although nobody resident in Russia may open an account.
Order sizes start at 0.01 lots for currency and metal CFDs. Index CFDs mostly need 0.1 lots, a single share CFD needs one unit, and 50 lots is the ceiling on a forex ticket.
One curiosity on the homepage deserves a mention. Airmarkets advertises Fusion Indices created with BITA, including a “Gold Lev 20x” index plus 10x versions on silver and palladium. That’s leverage baked into the index itself, and a CFD would add margin trading on top of it. A 1% move in gold becomes roughly 20% in the index before the account leverage even starts. But back to the point.
Account types
Classic, Silver, Gold, Platinum, VIP. The menu doesn’t list them, yet each has its own page, and every one of those pages repeats the table below.
| Classic | Silver | Gold | Platinum | VIP | |
|---|---|---|---|---|---|
| EUR/USD | 2.5 | 2.5 | 1.8 | 1.4 | 0.9 |
| Gold (XAU/USD) | 2.8 | 2.8 | 2.3 | 2 | 1.4 |
| Crude oil | 2.8 | 2.8 | 2.3 | 2 | 1.4 |
| DAX | $0.14 | $0.14 | $0.13 | $0.12 | $0.10 |
| Swap discount | No | Yes | Yes | Yes | Yes |
| Extras | None | None | None | Free VPS, news alerts | None |
We like that these figures exist at all. Plenty of offshore brokers hide spreads behind a login, and Airmarkets puts them on five public pages. Still, the unit is missing. The EUR/USD column reads like pips and the DAX row is in dollars, but the page never says so.
Look closely at Classic and Silver. Identical spreads. Silver’s only edge is a swap discount of unstated size.
The price gap between the ends of the ladder is wide. Assuming pips, one standard lot of EUR/USD costs around $25 to trade on Classic and around $9 on VIP. Which deposit gets you to VIP? The pages don’t tell you, and neither does the contract.
A second problem sits in the margin figures. The account pages promise a margin call at 100% and a stop-out at 20%. Section 14.8 of the Terms and Conditions sets 75% and 5% instead. In practice, the platform may let a losing account run far lower than the website suggests, and the contract is the document you agree to.
Leverage is identical across the tiers. So is the order range, 0.01 to 50 lots.
Muslim clients can ask for a swap-free account after showing proof of religion. The clause limits it to seven calendar days unless the company agrees in writing to more, and every position on it expires automatically after three months.
Fees and trading costs
Spread plus swap. Airmarkets charges no commission, so those two carry the cost of every trade.
The swap table leaves nothing out. All 264 rows sit below zero on both sides. EUR/USD costs -43.69 held long and -42.23 held short, XAU/USD -146.74 and -144.05, stated in the base currency, with a triple charge on Wednesdays.
A swap is the overnight financing charge on a leveraged position. It reflects the interest difference between the two currencies in a pair, or the funding cost of an index or commodity, plus the broker’s margin. Where both columns of a swap table are negative, as they are here, the broker’s margin outweighs any interest you might otherwise earn.
Per standard lot? The table doesn’t specify. Read that way, a week in one lot of EUR/USD would come to seven nightly charges, over €300.
Outside trading, the Terms and Conditions add a few charges of their own:
- 50 EUR, USD or GBP for examining your application. Section 17.6 calls it optional, section 20.3 says every new client pays.
- Up to 3% plus 0.25 cents on a deposit, if the company chooses to charge it.
- Bank and payment fees on withdrawals, deducted from what you receive.
- Any interest your money earns in the client account goes to the company.
Separately, the FAQ links to a General Fees PDF. It’s branded XPro Markets, dated December 2024, and quotes a $30 charge per wire withdrawal. Our figures come from the Terms and Conditions.
Bonuses aren’t offered. The contract mentions a Bonus Agreement on the website; there isn’t one.
Scalpers should look elsewhere. Section 23.4 lists profiting from small price changes as an event of default, and section 30.5 lets the company void the resulting profits.
Deposits and withdrawals
The contract accepts bank transfers, SWIFT, e-wallets and cards, and refuses cash. Visa and Mastercard logos sit in the footer.
Third parties can’t fund your account in practice. A transfer has to come from one bank account held by you, in the country where you live, and money goes back out by the same route.
Withdrawal timing, step by step:
- File the request from the client area or by email.
- The desk works Monday to Friday, 8:00 to 13:00 GMT. Before 10:00 means same day processing; later requests wait until the next working day.
- After approval, count five to seven working days until the money reaches you.
- If trades are open, free margin must stay above 100% once the amount leaves.
The FAQ is less optimistic, with eight to ten business days. It also sets minimums of 10 USD for cards and 100 USD for wires.
Among the legal documents you’ll find a Declaration of Deposit. On the surface it’s a routine anti-money laundering form confirming that the payments were yours. Point five goes further.
By signing the Declaration of Deposit, you also confirm “satisfactory provision of services” by the company. Before your first withdrawal arrives, we wouldn’t sign anything that says so.
Opening an account
Registration takes five fields: first name, last name, email, phone number, password. Below them are three tick boxes. Two cover phone help with registration and marketing by newsletter or SMS; both start empty and neither is required. The third confirms your age and your acceptance of the Client Agreement and three policies.
For verification the FAQ asks for photo ID, then a bank statement or utility bill under six months old. Phone bills are refused. Card users send a colour photo of both sides, with the middle digits and the CVV covered.
On the first deposit the documents disagree slightly: €250 in the contract, 250 USD in the FAQ. The difference is small, but it’s another sign that nobody reconciled the two.
A demo account costs nothing to open. We’d use it for a week at least, mainly to see what spreads the platform really shows at the hours you’d trade.
Customer support
Two routes actually work from the site: a live chat button and a web form, and the form warns that answers can take up to 48 hours.
Look at the phone number in the image. “+1 000 XXX CCC GGG” is template filler, and it appears on every single page. I noticed it within a minute of opening the site, and it’s hard to unsee.
Email is odder still. The legal documents send you to support@airmarkets.com. Yet the broker’s website lives at air-markets.com, and the version without the hyphen is a parked domain that had no mail server at all on 21 September 2026. Messages sent there may simply vanish.
For complaints, ignore the page called Complaints. It describes the procedure of UKUCHUMA FINANCIAL SERVICES (PTY) LTD, an FSCA licensed firm based in Johannesburg’s Sandton district, with the South African ombudsman as the final step. That firm isn’t named in the Airmarkets contract. What binds you is section 21 of the Terms and Conditions: try support, then email the signed form from Annex 1 to complaints@airmarkets.com, the same mailless domain. An acknowledgement is due within seven business days and an answer within two months, extendable to four.
Regulation and safety
The licence belongs to Airmarkets Comoros Ltd, IBC number HV00726496, and was issued by the Mwali International Services Authority under number BFX2026046.
Mwali is Moheli’s name in Comorian, and its authority licenses offshore brokers with light requirements. Capital rules of the kind London or Nicosia would demand don’t apply here, nor is there a fund that repays clients after an insolvency. Before depositing, ask the broker for a copy of the licence certificate and compare it with the MISA register.
Shareholders and directors go unnamed in every document, and a web search turned up no one.
The domain air-markets.com dates from February 2026.
On paper, the contract offers a few protections:
- Client money in designated accounts, recorded separately from the company’s own funds.
- A guarantee against negative balances in the Risk Disclosure Policy.
- An agency model in which the company passes orders on to liquidity providers.
- Seven legal documents versioned August 2026.
The website undermines much of that goodwill. Out of 26 English pages we saved, 17 still say XPro Markets somewhere, and the FAQ describes XPro Markets as FSCA regulated. The homepage speaks of regulation “consistent with CySEC regulations” without any CySEC licence in the documents. It looks like a white label site (a ready-made broker website rented from a technology supplier) that went live half edited. That tells you nothing certain about client money. It does tell you how much care went into the launch.
Readers in the UK and the EU can register, because neither is on the blocked list. They’d have no FCA or EU protection behind them, and neither the FSCS nor any EU compensation scheme would apply.
With brokers on small offshore licences we follow the same routine every time. Fund with money you’d be willing to trade anyway. Pull out a small amount within days of funding and time how long it takes. Save every request and every answer. With Airmarkets we’d add one more step and get the fee and margin figures confirmed by email.
Our verdict
There’s a workable broker in here. The contract is precise, prices are public, the share CFDs cover markets few competitors bother with, and the 1:5 cap on crypto CFDs shows some restraint. The written promise of negative balance protection counts too.
What drags it down is everything a client sees first. A phone number that isn’t one. An email domain without mail. Complaint procedures for a different company. Account pages that disagree with the contract.
Our wish list is short. Delete every trace of XPro Markets, publish a real phone line and a working address, and bring the account pages into line with the Terms and Conditions. None of it is a big job for a web team, and it would change how everything else here reads.
We’d see it as a broker for experienced traders outside North America who trade weekly, want CFDs on Gulf and Asian shares in one account and can fund above the Classic tier. Beginners would find the Classic spread of 2.5 on EUR/USD an expensive place to learn.
74-89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
FAQ
Who regulates Airmarkets?
The Mwali International Services Authority in the Comoros, under licence BFX2026046 held by Airmarkets Comoros Ltd.
Is Airmarkets safe to use?
It’s a licensed offshore broker, and we found no regulator warning against it. Its contract promises segregated client money and no negative balances. Against that stand an offshore licence with no compensation scheme, a website still full of another brand’s text and contact details that don’t work. The contract falls under Comoros law, far from any ombudsman you’d know. Keep the balance small until you’ve tested a withdrawal.
How much do I need to open an account?
The contract says €250; the FAQ says 250 USD.
Is MetaTrader 4 available at Airmarkets?
It’s mentioned on the site, but there’s no working download link. Web Trader runs in the browser.
How high does leverage go at Airmarkets?
1:400 on forex CFDs, 1:200 on index, metal and commodity CFDs, and 1:5 on crypto and share CFDs.
Can I try Airmarkets on a demo first?
Yes. It opens without a deposit and runs on the same Web Trader as a live account.
How fast are withdrawals?
Processed the same working day if the request arrives before 10:00 GMT, then five to seven working days in transit.
Is scalping allowed?
No. Profits from it can be cancelled under the contract.



