AUS 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 including Mauritius FSC, Cyprus CySEC, Saint Vincent and the Grenadines SVGFSA, South Africa FSCA, UAE SCA, and Australia ASIC, 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. Their competitive spreads, high leverage, and lightning-fast execution give traders the edge.
Pros & Cons
AUS GLOBAL appears to be a reputable broker under a strong regulatory framework, offering a wide range of trading instruments and account types. The broker's customer service seems to be responsive and available through multiple channels, including social media platforms.
Is 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.
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 live account types to cater to different trading needs and experience levels: STP, ECN, CLASSIC, and VIP. The STP, ECN, and CLASSIC accounts have a relatively low minimum deposit requirement of $50. The VIP account is designed for more experienced and active traders, with a minimum deposit of $10,000.
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. This feature is particularly useful for traders who want to manage larger funds or for investors who want to allocate their funds to experienced traders.
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 various payment options, including local bank transfers, e-wallets, credit cards (Visa/MasterCard), and international wire transfers.
Supported currencies:
EUR, USD, GBP, CNY, AUD, JPY, NZD, AED, HKD, MYR, THB, VND, PHP, IDR, TRY, USDT and other currencies.
The minimum deposit amount varies depending on the payment method, while the minimum withdrawal amount is $40.
AUS GLOBAL minimum deposit vs other brokers
Deposits via MyPay are subject to around a 4% fee, while other deposit methods are free of charge. There are no withdrawal fees. International wire transfer deposits may take up to 5 working days to process, while other deposits are processed instantly. Most withdrawals can be processed in approximately 1 working day.
See the deposit & withdrawal fee comparison table below:
Note: The fees listed above are subject to change, and may vary depending on the specific account type and payment method used. It is always recommended to check the broker's official website for the most up-to-date fee information.
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.
Overall, AUS GLOBAL's customer service is considered reliable and responsive, with various options available for traders to seek assistance.
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)