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Auric Markets Limited Company
Auric Markets Limited Company
1. Company Overview
Founding Date and Background
Auric Markets Limited is a recently established forex brokerage firm founded in 2024. The company aims to provide a comprehensive trading platform for investors interested in various financial instruments, including forex, precious metals, crude oil, and stock indices.
Parent Company/Ownership Structure
As a newly registered entity, Auric Markets Limited operates independently without a publicly disclosed parent company. The firm is focused on building its brand and service offerings in the competitive forex brokerage market.
Headquarters Location
The headquarters of Auric Markets Limited is located at 75 Wall Street, New York, NY 10005, USA. This prime location positions the company within one of the world's leading financial hubs, allowing it to access a diverse pool of investors and financial resources.
Global Business Scope
Auric Markets Limited primarily serves clients in the United States and aims to expand its reach globally. The company offers trading services to jurisdictions where it complies with local laws and regulations, ensuring a broad potential client base.
Main Regulatory Bodies
Auric Markets Limited is regulated by the Financial Crimes Enforcement Network (FinCEN) and the National Futures Association (NFA) in the United States. The company is registered with FinCEN under MSB registration number 31000265967159 and holds registration ID 0562588 with the NFA.
2. Company History and Development
Key Milestones
Since its inception in 2024, Auric Markets Limited has focused on establishing a robust trading platform and gaining regulatory approval. The registration with FinCEN and NFA marks significant milestones in the company's journey, providing a foundation for its operations.
Business Expansion Journey
Auric Markets Limited plans to expand its services beyond the U.S. market. By offering a variety of trading instruments and a user-friendly platform, the company aims to attract a diverse clientele, including both novice and experienced traders.
Customer Base Growth
As a new player in the forex brokerage space, Auric Markets Limited is working to build its customer base. Initial feedback indicates a focus on attracting clients through competitive trading conditions and comprehensive customer support.
Platform Development History
The company offers the ST5 trading platform, designed for both PC and mobile users. The platform boasts features aimed at enhancing the trading experience, including high-speed execution and low buy/sell spreads.
Important Awards or Recognitions Received
As of now, Auric Markets Limited has not received any significant awards or recognitions, given its recent establishment. However, the company aims to build a reputable brand and earn accolades in the future as it expands its services.
3. Trading Services Offered
Forex Trading Options
Auric Markets Limited offers a selection of 62 currency pairs for forex trading, allowing investors to capitalize on market fluctuations. The company emphasizes low buy/sell spreads and high-speed execution, catering to the needs of active traders.
Stock Trading Options
While specific stock trading options are not detailed in the available information, the company does provide access to stock indices, allowing clients to trade based on the performance of major stock markets.
CFD Trading Products
Auric Markets Limited offers Contracts for Difference (CFDs) on various financial instruments, enabling traders to speculate on price movements without owning the underlying asset. This product line includes commodities and indices.
Other Financial Instruments
The brokerage provides access to a range of other financial instruments, including:
- Cryptocurrencies: Clients can trade popular cryptocurrencies such as Bitcoin, Ethereum, and others.
- Commodities: The company offers trading in precious metals like gold and silver, as well as crude oil.
Special Services or Unique Advantages
Auric Markets Limited claims to offer a transparent trading environment without commission, requotes, or hidden mark-up fees. This approach aims to provide a fair trading experience for its clients.
4. Regulatory and Legal Background
Detailed Regulatory Information
Auric Markets Limited is regulated by:
- Financial Crimes Enforcement Network (FinCEN)
- National Futures Association (NFA)
These regulatory bodies oversee the company's operations to ensure compliance with relevant laws and regulations, thereby protecting investor rights.
Legal Entity Structure by Region
The company operates as a limited liability corporation (LLC) registered in the United States. Its regulatory framework allows it to provide services primarily within the U.S. market, with future plans for international expansion.
Client Fund Protection Measures
As a regulated entity, Auric Markets Limited is expected to adhere to strict client fund protection measures. This includes maintaining segregated accounts for client funds to ensure their safety.
Countries/Regions Served
Currently, Auric Markets Limited primarily serves clients in the United States. The company is assessing opportunities to expand its services to other jurisdictions, depending on regulatory compliance.
Compliance History
As a newly established broker, Auric Markets Limited does not have a long compliance history. However, its registration with FinCEN and NFA indicates a commitment to adhering to regulatory standards from the outset.
5. Competitive Landscape
3-5 Main Competitors
Auric Markets Limited faces competition from several established forex brokers, including:
- OANDA
- Forex.com
- IG Group
- eToro
- Interactive Brokers
- Regulatory Compliance: Being registered with FinCEN and NFA provides a level of trust for potential clients.
- Trading Conditions: The company emphasizes low fees and high-speed execution, appealing to active traders.
- Diverse Product Offerings: By providing access to various financial instruments, including cryptocurrencies and commodities, the broker aims to attract a broad range of investors.
Positioning in the Industry
As a new entrant, Auric Markets Limited is positioned as a competitive player in the forex brokerage market, focusing on low spreads and a user-friendly trading platform. Its regulatory compliance adds credibility to its offerings.
Market Differentiation Factors
Auric Markets Limited differentiates itself through:
In conclusion, Auric Markets Limited is a newly established forex broker with a focus on providing a comprehensive trading experience for its clients. With a strong regulatory foundation and a commitment to transparency, the company aims to build a reputable brand in the competitive forex market. As it continues to grow and expand its services, Auric Markets Limited is poised to become a notable player in the industry.
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