AUS GLOBAL Forex Broker

AUS GLOBAL Review Summary in 10 PointsFounded2003Registered CountryAuatraliaRegulationCYSEC, ASIC, FSCA, SCAMarket InstrumentsUS & EU Stocks, futures, forex, precious Metals, commodities, stock indicesDemo AccountAvailable (30 days)Leverage1:500EUR/USD Spread0.1 pipsTrading PlatformsMT4, MT5, cTraderMinimum deposit$50Customer Support24/7 live chat, phone, emailAUS GLOBAL Information AUS GLOBAL is the internet brokerage brand of AUS Group, with offices in Cyprus, London, Dubai, Turkey, Seychelles, Mauritius, Thailand, Malaysia, Vanuatu, Melbourne, Vancouver, and Wellington. Regulated by multiple financial authorities, AUS GLOBAL provides online trading services to retail and institutional clients worldwide. AUS GLOBAL offers a diverse range of instruments, from forex and stocks to cryptocurrencies and commodities. Plus, with platforms like MT4, MT5, and cTrader, you've got the tools to trade your way.Pros & ConsProsCons• Regulated by famous authoritiesMinimum deposit requirement• Offers professional insurance and client fund segregation• Supports MT4, MT5, cTrader• Wide range of trading instruments• Multiple account types with low minimum deposits• Leverage up to 1:500• Multiple trading platforms and tools• Various payment methods with no withdrawal fees• Responsive customer service available 24/7Is AUS GLOBAL Safe or a Scam? AUS GLOBAL operates under two reputable authorites, including the Cyprus Securities and Exchange Commission (CYSEC) in Cyprus and Australia Securities & Investment Commission (ASIC) in Australia. AUS GLOBAL is regulated by the Financial Sector Conduct Authority (FSCA) in South Africa under license number 52171. This means that AUS GLOBAL is authorized to provide financial services within South Africa. AUS GLOBAL is regulated by the Securities and Commodities Authority（SCA) in United Arab Emirates with the current status of general registration under the license number 20200000207. Besides, the segregation of client funds and partnerships with leading banks also provide additional protection for clients' funds. The implementation of SSL encryption is another positive aspect that ensures secure data transmission.Market Instruments AUS GLOBAL offers a wide range of trading instruments, including over 10,000 products, such as US and EU stocks, forex, precious metals, futures, stock indices, and cryptocurrency. This variety allows traders to diversify their portfolios and take advantage of multiple markets with a single account.Account Types AUS GLOBAL offers four account types. The STP and ECN accounts require a minimum deposit of $50, with high and medium transaction costs respectively, and both offer a free demo. The CLA account also has a $50 minimum deposit but lower transaction costs, while the VIP account requires a minimum deposit of $10,000 and provides ultra-low transaction costs, though it does not include a free demo.Account TypeCurrencyMinimum DepositTransaction CostFree DemoOpen an AccountSTPUSD$50HIGHYESYESECNUSD$50MEDIUMYESYESCLAUSD$50LOWYESYESVIPUSD$10,000ULTRA LOWNOYES The free demo accounts offered by AUS GLOBAL are a great way for traders to practice and test their trading strategies without risking real money. It is worth noting that these demo accounts are valid for 30 days from the date of registration, and the validity period will be renewed as long as the client logs into the demo account within 30 days.Leverage The leverage offered by AUS GLOBAL ranges from 1:1 to 1:500, depending on the trading product and account type. Different instruments have different margin requirements and leverage limits, so it's important to check the specific requirements for each trade before opening a position.Spreads & Commissions AUS GLOBAL offers competitive spreads, especially for its ECN account type with a 0.2 pip spread on the EUR/USD pair. However, it is unclear whether the broker charges any commission on top of the spread for these account types. The STP and Classic account types have higher spreads of 1.5 and 1.9 pips. Overall, AUS GLOBAL's spread offerings seem to be in line with industry standards, but it would be beneficial to have more information about commissions before making a definitive judgment.Trading Platforms AUS GLOBAL supports three of the most popular trading platforms in the industry, which are MT4, MT5, and cTrader, providing traders with multiple options to choose from. The platforms are available on desktop and mobile devices, enabling traders to access their accounts and trade on the go. The trading platforms offer advanced charting tools, technical analysis indicators, and a variety of order types, allowing traders to customize their trading strategies.Trading Tools AUS GLOBAL provides its clients with several trading tools to enhance their trading experience. Firstly, the broker offers social trading, which allows clients to follow and copy the trades of experienced traders in real-time. This feature can be especially useful for beginner traders who are still learning how to trade. Secondly, AUS GLOBAL provides an economic calendar, which lists upcoming economic events and announcements that could affect the markets. This tool enables traders to stay informed and make informed trading decisions. Finally, AUS GLOBAL also offers PAMM/MAM (Percentage Allocation Management Module) accounts, which allow experienced traders to manage the funds of multiple clients simultaneously. Copy Trading AUS GLOBAL's all-in-one auto-copying solution enables traders to follow and replicate trades from successful traders in the community, providing exposure to proven strategies and portfolio diversification through social trading.Deposits & Withdrawals AUS GLOBAL offers a range of payment options, including local bank transfers, e-wallets, credit cards (Visa/MasterCard), and international wire transfers. The minimum deposit for all four account types is $50. Deposits are accepted in EUR, USD, GBP, CNY, AUD, JPY, NZD, AED, HKD, MYR, THB, VND, PHP, IDR, TRY, USDT, and other currencies. The minimum withdrawal amount is $40, with no withdrawal fees. Deposits via MyPay incur a 4% fee, while other deposit methods are free. International wire transfer deposits may take up to 5 working days, while other deposits are processed instantly. Most withdrawals are processed within one working day.Customer Service It is noteworthy that AUS GLOBAL offers multiple channels of customer support, including 24/7 live chat, phone, email, or online messaging. Additionally, the broker provides a Help Center to assist clients with common questions and issues. For those who prefer social media, AUS GLOBAL can also be followed on Twitter, Facebook, and Instagram.Conclusion In conclusion, AUS GLOBAL offers a wide range of trading instruments and account types with competitive spreads and leverage of up to 1:500. The broker also supports popular trading platforms such as MT4, MT5, and cTrader, and provides various trading tools. AUS GLOBAL also offers multiple deposit and withdrawal methods with no withdrawal fees.Frequently Asked Questions (FAQs)Q 1:Is AUS GLOBAL regulated?A 1:Yes. It is regulated by CYSEC in Cyprus, ASIC in Australia, and FSCA in South Africa.Q 2:Does AUS GLOBAL offer demo accounts?A 2:Yes. It is valid for 30 days from the date of registration of the demo account. The 30-day validity period will be renewed as long as the client logs into the demo account within 30 days.Q 3:Does AUS GLOBAL offer the industry-standard MT4 & MT5?A 3:Yes. It supports MT4, MT5 and cTrader.Q 4:What is the minimum deposit for AUS GLOBAL?A 4:The minimum initial deposit to open an account is $50.