Score
AEFOREX
5-10 yearsRegulated in Australia
Appointed Representative(AR)
MT4 Full License
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Comparison
Quantity 1
Exposure
Score
Regulatory Index4.62
Business Index7.37
Risk Management Index8.22
Software Index8.22
License Index7.20
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The claim standard per customer is 2000 dollars
IAP · Legal aid B
Licenses
Single Core
1G
40G
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WikiFX Verification
Exposure
1 pieces of exposure in total
| AEFOREXReview Summary | |
| Founded | 2013 |
| Registered Country/Region | Australia |
| Regulation | ASIC |
| Market Instruments | 200+, Forex, Indices, Shares, Commodities |
| Demo Account | / |
| Leverage | / |
| Spread | / |
| Trading Platform | MT4 |
| Min Deposit | / |
| Customer Support | Tel: +61 03 9018 6792 |
| Email: info@aeforex.com | |
| Company Address: Unit 701 167 Queen Street Melbourne VIC 3000 | |
| Regional Restrictions | United States, Canada, Israel, and the Islamic Republic of Iran |
AEFOREX, also known as AURORA EXPLORE PTY LTD, is an Australian finance firm registered in 2013. With two ASIC licenses, they are governed by the Australia Securities & Investment Commission. AEFOREX provides trading services in more than 200 assets, including shares, commodities, precious metals, and foreign exchange. They offer several deposit and withdrawal options and use the MetaTrader 4 platform for effective trade execution.
Pros and Cons
| Pros | Cons |
| Regulated by ASIC | Lack of transparency |
| Multiple market offerings | Regional restrictions |
| Commission-free | Unclear trading conditions |
| MT4 available | |
| Popular payment options | |
| No fees for deposits and withdrawals |
Is AEFOREX Legit?
Yes, AEFOREX operates under the Australia Securities & Investment Commission (ASIC), holding an Appointed Representative License (AR) (No.001308927).
| Regulated Country | Regulated Authority | Current Status | Regulated Entity | License Type | License Number |
 | Australia Securities & Investment Commission (ASIC) | Regulated | AURORA EXPLORE PTY LTD | Appointed Representative(AR) | 001308972 |
What Can I Trade on AEFOREX?
To AEFOREX's account, more than 200 market instruments are tradable on this platform, which includes Forex, Indices, Shares, and Commodities.
| Trading Asset | Available |
| forex | ✔ |
| indices | ✔ |
| shares | ✔ |
| commodities | ✔ |
| cryptocurrencies | ❌ |
| bonds | ❌ |
| options | ❌ |
| ETFs | ❌ |
Trading Platform
AEFOREX offers the industry-leading MT4, which is available on PC (Windows and MAC/OS X), Smartphone (Android and iPhone/iOS), and Tablet (Android and iPad/iOS).
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Desktop, iOS, Android | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
AEFOREX asserts that it offers a wide variety of deposit methods, such as credit and debit cards, e-wallets, bank wire transfers, and local payment solutions.
On top of that, AEFOREX accepts deposit and withdrawal methods including Visa, MasterCard, Maestro, Skrill, and ChinaPay.
Additionally, AEFOREX does not charge fees for client deposits or withdrawals. However, banks may charge wire transfer fees. It is important to ask your bank what their fees will be when you initiate a wire transfer.
