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Score
United States
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
Add brokers
Comparison
Quantity 14
Exposure
Score
Regulatory Index0.00
Business Index6.72
Risk Management Index0.00
Software Index4.00
License Index0.00
Single Core
1G
40G
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Company Name
AUSFOREX
Company Abbreviation
AUSFOREX
Platform registered country and region
United States
Company website
Company summary
Pyramid scheme complaint
Expose
Web: https://ausforex-tw.com/zh-hk/
The platform spread information about profits on WeChat through the flow of traffic, and I was unable to withstand the temptation. Most of the pictures issued were processed by Photoshop. I hope investors will not be deceived by the scam platform any more.
The customer service said that there was a campaign and you can get bonus when you deposit funds. But only can you withdraw funds after u fuifill the deposit task.
Unable to withdraw. Margin of 30,000 has been required. They promised that the USDT would arrive in 15 days
Ask customers to pay 20% of the account
I applied for a withdrwal on FeMy withdrawal was rejected on February 8. I contacted the customer service and asked me to pay more than 50000 yuan to activate the account number before I could change the information. I have reported the case and put it on file. I hope you will be careful not to be cheatedbruary 8.
Victims are cheated with the reason of commissions. I was required to pay 40%of the account balance to activate my account, or I will be blacklisted. These frauds still use this web to cheat people, please pay attention.
The game manipulated by the platform itself keeps you deep in it. Even if you withdraw, he will let you pay taxes.
No result after communicating many times. Please help me
I believe that all AUFOREX genuine and fake websites with a kangaroo and FURION Global belong to the same scam group. Since 2013, he has been active on various social media such as Facebook. Under the guise of love, the victims are induced to invest in various futures. Cannot withdraw money at all. It is a typical scam
The first several withdrawals are normal. But when you withdraw a large amount of money, individual income tax, margin and handling fee are needed. But after all the money, you will be penalized. It must be a scam. So is it a real one?
Someone invited me to invest. It seemed well at first but later I was scammed. Beware of it. I was unable to withdraw.
Taxes and handling fee are required. In the end, I was asked to pay magin cuz the amount of money is huge
In the past few months, I have been using it. I deposited $1000 and made both profits and losses during this period. At the end of September, I caught a big market trend and went long on CN300, making over $2000 in profit. However, the next day, they sent me an email saying that there was a violation of leverage rules and all the profits were deducted. This is a typical unfair clause where you can only lose but not win. It's a scam platform, everyone must stay away from it!
Note: AUSFOREX's official website http://www.ausforexss.com/ is currently inaccessible normally.
AUSFOREXReview Summary | |
Founded | / |
Registered Country/Region | USA |
Regulation | CySEC/SFC/FCA (Suspious clone) |
Market Instruments | Forex, CFDs |
Demo Account | ❌ |
Leverage | Up to 1:400 |
EUR/USD Spread | 2 pips (STP); 0.5 pips (ECN) |
Trading Platform | MT4, MT5 |
Min Deposit | $1 000 |
Customer Support | Tel: 4402038569565 |
Email: support@ausforex.biz |
AUSFOREX is a broker which specializes in the forex and CFD markets. It offers 2 types of accounts, with a minimum deposit of $1,000 and a maximum leverage of 1:400. However, because it holds 3 suspicious clone licenses and its official website is inaccessible, the potential risks are high.
Pros | Cons |
MT4 and MT5 supported | Current unavailability of website |
Popular payment options | Suspicious clone licenses |
High minimum deposit | |
No demo accounts |
No, AUSFOREX only holds 3 suspicious clone licenses. Please be aware of the risks!
Regulatory Authority | Cyprus Securities and Exchange Commission (CySEC) |
Regulatory Status | Suspicious Clone |
Regulated by | Cyprus |
Licensed Institution | AC Markets (Europe) Ltd |
Licensed Type | Market Making (MM) |
Licensed Number | 350/17 |
Regulatory Authority | Securities and Futures Commission of Hong Kong (SFC) |
Regulatory Status | Suspicious Clone |
Regulated by | China (Hong Kong) |
Licensed Institution | AUS Financial Group (Hong Kong) Limited |
Licensed Type | Leveraged foreign exchange trading |
Licensed Number | BLU727 |
Regulatory Authority | Financial Conduct Authority (FCA) |
Regulatory Status | Suspicious Clone |
Regulated by | United Kingdom |
Licensed Institution | LTTADER LTD |
Licensed Type | European Authorized Representative (EEA) |
Licensed Number | 803268 |
WikiFX field survey team visited AUSFOREX's regulatory address in Hong Kong, and we didn't find its physical office. Please note the potential risks!
On AUSFOREX, customers can explore the forex and CFD markets.
Tradable Instruments | Supported |
Forex | ✔ |
CFDs | ✔ |
Bonds | ❌ |
Options | ❌ |
ETFs | ❌ |
AUSFOREX offers 2 types of accounts, including STP and ECN.
Account Type | Min Deposit | Max Leverage | EUR/USD Spread | Commission |
STP | $1,000 | 1:400 | 2 pips | / |
ECN | 0.5 pips | $10 per standard lot round-turn |
For both account types, the leverage can be up to1:400 for both account types. Careful considerations are recommended, because high leverage is likely to bring high potential risks.
AUSFOREX claims to use MT4 and MT5 as its trading platforms.
Trading Platform | Supported | Available Devices | Suitable for |
MT4 | ✔ | PC, web, mobile | Beginners |
MT5 | ✔ | PC, web, mobile | Experienced traders |
AUSFOREX supports several types of payment methods, including credit/debit cards, (Visa, MasterCard, Maestro), and bank wire. Moreover, the accepted currencies are GBP, EUR, USD, AUD, and SGD. However, other details such as the processing time and fees are not clear.
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