Aegon Asset Management Forex Broker provides real users with * positive reviews, 1 neutral reviews and 1 exposure review!
Business
Risk Control
I saw that this company mainly provides financial management and asset allocation services... To be honest, I'd rather let some local companies provide such services, rather than go to an online company. I don't even know where your office is and I can't see the staff.
The website is missing!!!!
Aegon Asset Management has garnered mixed reviews in the financial community, with some praising its extensive experience and range of services, while others express concerns regarding its regulatory status and customer service. Established in 1988, this broker primarily serves institutional clients, managing a significant amount of assets. However, potential investors should be cautious due to varying regulatory statuses across different regions.
Note: Aegon operates under different entities in various geographical regions, which can lead to discrepancies in services and regulatory oversight. It's crucial for potential clients to verify the specific entity they are engaging with for accurate and fair assessments.
| Category | Rating (out of 10) |
|---|---|
| Account Conditions | 6 |
| Tools and Resources | 7 |
| Customer Service and Support | 5 |
| Trading Setup (Experience) | 6 |
| Trustworthiness | 5 |
| User Experience | 6 |
| Additional Factors | 6 |
How We Rate Brokers: Our ratings are based on a comprehensive analysis of user feedback, expert opinions, and factual data regarding services, fees, and regulatory compliance.
Founded in 1988, Aegon Asset Management is a well-established financial institution headquartered in the United Kingdom. It operates as a subsidiary of Aegon NV, a Dutch financial services organization. The firm offers a range of investment management services, primarily targeting institutional clients such as pension plans, insurance companies, and collective investment vehicles. Aegon Asset Management does not cater to individual investors, which limits its accessibility for retail traders. The firm utilizes a proprietary platform for trading, though it does not offer popular platforms like MT4 or MT5.
In terms of regulatory oversight, Aegon is regulated by the Financial Conduct Authority (FCA) in the UK, but its regulatory status is categorized as "exceeded," raising some concerns about its compliance and governance.
Regulated Regions: Aegon Asset Management is primarily regulated in the United Kingdom by the FCA. However, the "exceeded" status indicates that while it meets certain regulatory requirements, it may not fully comply with all standards expected from a top-tier broker.
Deposit/Withdrawal Currency: The broker accepts transactions in major currencies, but specific details regarding cryptocurrency transactions are not prominently mentioned in the available sources.
Minimum Deposit: The firm generally requires a minimum investment of $50 million to access its services, a threshold that significantly limits its client base to institutional investors.
Bonuses/Promotions: There are no significant promotional offers or bonuses mentioned in the reviews, which may be a drawback for potential clients looking for incentives.
Tradable Asset Classes: Aegon Asset Management offers a variety of asset classes, including equities, fixed income, and derivatives, primarily tailored for institutional portfolios.
Costs (Spreads, Fees, Commissions): The fee structure is primarily based on a percentage of assets under management (AUM), with performance-based fees being negotiable. However, specific details about spreads and commissions are not extensively covered in the reviews.
Leverage: The reviews do not specify leverage options, which may indicate that Aegon Asset Management focuses more on institutional clients who typically engage in lower-leverage transactions.
Allowed Trading Platforms: The broker does not support popular trading platforms like MT4 or MT5, which could be a disadvantage for traders accustomed to those platforms.
Restricted Regions: While Aegon Asset Management operates globally, specific restrictions on trading in certain regions are not detailed in the available information.
Available Customer Service Languages: Aegon provides customer support in multiple languages, including English, which is essential for its diverse client base.
Account Conditions (6/10): The high minimum investment requirement of $50 million limits accessibility for most retail investors, making it less favorable for individual traders.
Tools and Resources (7/10): Aegon offers a range of investment strategies and resources tailored for institutional clients, enhancing its service offerings.
Customer Service and Support (5/10): User feedback indicates mixed experiences with customer service, with some reports of slow response times and limited support options.
Trading Setup (6/10): The lack of widely-used trading platforms may hinder user experience, particularly for those familiar with MT4 or MT5.
Trustworthiness (5/10): The "exceeded" regulatory status raises concerns about compliance, which may affect investor confidence.
User Experience (6/10): Overall, user experiences vary, with some praising the firm's investment strategies while others express concerns about customer service and regulatory compliance.
In conclusion, Aegon Asset Management presents a robust option for institutional investors seeking comprehensive asset management services. However, potential clients should carefully consider the firm's regulatory status and customer service reputation before engaging. As reflected in various reviews, Aegon Asset Management remains a viable choice for those meeting its substantial investment thresholds, while retail investors may find more accessible alternatives.
