AirTm has become one of the preferred methods to fund and withdraw from trading accounts since Skrill & Neteller cut ties with a lot of brokers recently. This article will break down what AirTm is, how it works, how you can register an AirTm account and a list of brokers that accept AirTm for deposits and withdrawals.
What is AirTm?
AirTM is an online peer-to-peer payment platform designed for users to deposit and withdraw local currency to and from their AirTM account. It is an electronic wallet denominated in dollars connected to banks and electronic payment systems around the world.
As of 2021, AirTm has more than 1 million happy users who have done more than 12 million transactions since its inception in 2015.
AirTM facilitates money transfers from existing digital payment networks like PayPal, Apple Pay, Venmo, Payeer, Advcash, Payoneer, MPesa, and Skrill, among others.
It also allows the deposit and withdrawal of money for gift cards for services like Amazon, Airbnb, Google Play, iTunes, Xbox Live, Steam, Netflix, and Starbucks, among others. AirTM also lets its users deposit and withdraw cryptocurrency, specifically bitcoin, Bitcoin Cash, Ether, XRP, Litecoin, Zcash, Monero, Dogecoin, and Tether.
The digital wallet has become so popular that there are now a number of forex brokers that accept AirTm.
READ: COMPREHENSIVE GUIDE TO TRADING SYNTHETIC INDICES
Is AirTM safe?
The wallet has been in operation for over 6 years now (starting in 2015) and if they were a scam then they would have been found out. AirTm is also regulated by FinCEN in the United States and this makes it trustworthy.
All Airtm funds have ample liquidity through funds and bank accounts in the United States and this increases the level of security of the service.
You can also secure your own wallet by activating two-factor authentication (2FA) and this will also increase the security of your AirTm account.
The above points make us believe that AirTm is safe and secure to use.
How do I use AirTM?
To use AirTM you only need to open an account by clicking here. The only requirement for registering the account is that you must be 18 years or older. There are no charges for opening an AirTM account.
Which Forex Brokers Accept AirTM for Deposits & Withdrawals?
The following forex brokers accept AirTM as a deposit and withdrawal method:
Deriv
Overview
Deriv is an online trading platform that allows traders to partake in the markets 24/7, even on weekends. Deriv was born from the branding of Binary.com and it builds on 20 years of market experience.
Deriv is run an owned by Binary Group Ltd. and the platform has offices which are in Malaysia, Malta, Paraguay, and the UAE. There are more than 2 million registered users with transactions taking place every 20 seconds.
You can deposit to your Deriv account via AirTm and trade the popular synthetic indices, forex, cryptocurrencies and commodities. Funds deposited on Deriv via AirTm can easily be sent to other accounts as well using DP2P or payment agents.
You can read the full Deriv broker review for more information about the broker.
Pros and Cons
PROS | CONS |
24/7 trading | Offshore trading platform |
Custom trading platform | US & UK traders not accepted |
Low minimum deposit | No deposit bonus |
Mobile trading offered | No copy trading |
Pay-outs up to 91% | No Islamic account |
Features
Feature | Information |
Regulation | MFSA, VFSC, BVI FSC, Labuan FSA |
Minimum deposit from | $5 |
Average spread from | None |
Commissions from | None indicated |
Deposit/Withdrawal Fees | None |
Maximum Leverage | None |
Bonuses | None |
Customer Support | 24/7 |
Superforex
SuperForex can be summarised as a trustworthy broker that provides Contracts for Difference (CFDs) and trading facilities on shares, forex, commodities, and more to a large global market. SuperForex has a reputable reputation with user-friendly trading conditions.
Deposit on Superforex using Airtm and enjoy the following:
Broker | SuperForex |
Regulation | IFSC |
Minimum deposit from | US$1 |
Average spread from | Variable |
Commissions from | None |
Deposit/Withdrawal Fees | Yes |
Maximum Leverage | 1:1000 |
Bonuses | Yes |
Customer Support | 24/5 |
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