Note: Aussie Options's official website - https://aussieoptions.com/en is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.
Aussie Options is a binary option, forex, and commodities broker that provides trading services and a state-of-the-art trading platform for retail and institutional clients. Aussie Options create an optimal trading environment for investors by allowing scalping and the use of expert trading. However, Aussie Options' official website does not show any valid regulatory information.
Pros and Cons
Is Aussie Options Legit?
No, Aussie Options is not regulated by any regulatory institutions. Investing in unregulated brokers carries higher level of risk.
What Can I Trade on Aussie Options?
Aussie Options Fees
Aussie Options offers two different pricing options for investors to trade:
Standard pricing - only charges standard spreads and no commissions;
ECN pricing - a commission per trade, e.g., $0.0299/1000 traded for EUR/USD and GBP/USD, and $0.0499/1000 traded for all other products.
Aussie Options also charges a $30 administration fee for accounts that are not active for 90 consecutive days.
Leverage
Aussie Options offers dynamic trading leverage, varying from 1:1 to 1:1000. As leverage can amplify both profits as well as losses, choosing the right amount is a key risk determination for traders.
Trading Platform
Deposit and Withdrawal
Aussie Options supports VISA, MasterCard, wire transfers, etc. Aussie Options pays for the first withdrawal and will charge a $40 fee for each withdrawal. Wire transfer has a minimum withdrawal amount of $100, otherwise there is an additional $25 fee.
2023-03-15 17:56
