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Score
Saint Vincent and the Grenadines
2-5 yearsSuspicious Regulatory License
High potential risk
Influence
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Comparison
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Score
Regulatory Index0.00
Business Index6.76
Risk Management Index0.00
Software Index8.43
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
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Company Name
Aron Groups LLC
Company Abbreviation
Aron Groups Broker
Platform registered country and region
Saint Vincent and the Grenadines
Company website
X
YouTube
Company summary
Pyramid scheme complaint
Expose
Note: Aron Groups Brokers official site - https://arongroups.co/en/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
General Information & Regulation
Feature | Information |
Registered Country/Region | Saint Vincent and the Grenadines |
Regulation | unregulated |
Market Instrument | Forex, Commodities, Stocks, Indices, and Cryptocurrencies |
Account Type | Nano, Standard (ECN), Swap Free (ECN), and VIP (ECN) |
Demo Account | N/A |
Maximum Leverage | 1:1000 |
Spread | N/A |
Commission | $0 |
Trading Platform | MT5 |
Minimum Deposit | $1 |
Deposit & Withdrawal Method | MasterCard, Visa, Ziraat bankasi, Webmoney, Payeer, Ininal, Perfect Money, top change, Pax, and cryptocurrencies |
Aron Groups Broker, a trading name of Aron Groups LLC, is an online broker registered in Saint Vincent and the Grenadines that has been offering diverse trading instruments to the financial markets. It offers variable spreads and flexible leverage up to 1:1000 on the MetaTrader5 trading platforms.
As for regulation, it has been verified that Aron Groups Broker currently has no valid regulation. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.69/10. Please be aware of the risk.
Note: The screenshot date is February 1, 2023. WikiFX gives dynamic scores, which will update in real-time based on the broker's dynamics. So the scores taken at the current time do not represent past and future scores.
Market Instruments
Aron Groups Broker offers financial instruments including Forex, Commodities, Stocks, Indices, and Cryptocurrencies.
Account Types
Aron Groups Broker provides users with multiple accounts to choose from, below are their features:
• Nano - Suitable for traders with low budget and low risk-taking ability
Minimum Deposit: $1, Annual Daily Profit(Dollar): 0
• Standard (ECN) - Intended for professionals who prefer the best conditions available.
Minimum Deposit: $50, Annual Daily Profit(Dollar): 0.5%
• Swap Free (ECN) - Suitable for traders who intend to trade in large volumes. Limited leverage to protect the profit in large volumes
Minimum Deposit: $500, Annual Daily Profit(Dollar): 2%
• VIP (ECN) - Suitable for traders who intend to keep their deals. Low call margin level and high profitability
Minimum Deposit: $1000, Annual Daily Profit(Dollar): 1%
Leverage
The specified leverage for different account types at Aron Groups Broker varies between 1:1 and 1:1000. Clients on the Nano account can enjoy the maximum leverage of 1:1000, the Standard (ECN), Swap Free (ECN), and VIP (ECN) accounts can experience leverage of 1:500, 1:1, 1and 1:300 separately.
It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
Commissions
All charging no commissions.
Trading Platform
Aron Groups Broker offers a MetaTrader5 trading platform that can be accessed via desktop, mobile devices and web trader. Successful trading in the financial markets starts with a simple yet complete platform. MetaTrader5 is the best choice for todays traders. MetaTrader5 is a product of MetaQuotes, which was launched in 2010 after MetaTrader4. MetaTrader is an analytics-trading platform that has become popular as a comprehensive and powerful platform in the Forex, stock and futures markets by offering a wide range of scripts and expert software to facilitate trading.
Deposit & Withdrawal
When it comes to funding options we can applaud this broker as it provides several options for traders to deposit through. Those include MasterCard and Visa, Ziraat bankasi, Webmoney, Payeer, Ininal, Perfect Money, top change, Pax, and more cryptocurrencies.
Customer Support
Aron Groups Broker provides customer support 24/5 via live chat, email and telephone. They can therefore be reached at any.
Telephone number: +902128139202
Support Email: aronsupport@arongroups.co
Address: First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, St Vincent and the Grenadines
Pros & Cons
Pros | Cons |
• Multiple trading assets, account types and funding options | • No regulation |
• Low minimum deposit ($1) | • Website inaccessible |
• MT5 supported |
Frequently Asked Questions (FAQs)
Q 1: | Is Aron Groups Broker regulated? |
A 1: | No. It has been verified that Aron Groups Broker currently has no valid regulation. |
Q 2: | Does Aron Groups Broker offer the industry-standard MT4 & MT5? |
A 2: | Yes. Aron Groups Broker supports MT5. |
Q 3: | What is the minimum deposit for Aron Groups Broker? |
A 3: | The minimum initial deposit is $1. |
Q 4: | Is Aron Groups Broker a good broker for beginners? |
A 4: | No. Aron Groups Broker is not a good choice for beginners. Though it seems to offer competitive trading conditions, it lacks legitimate regulation. |
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