Score

3.32 /10
Danger

AEFOREX

Australia

5-10 years

Regulated in Australia

Inst Deriv Trading License (MM)

MT4 Full License

Regional Brokers

High Potential Risk

D

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Score

Regulatory Index4.29

Business Index7.68

Risk Management Index0.00

Software Index8.43

License Index1.76

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Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

AURORA ENERGY PTY LTD

Company Abbreviation

AEFOREX

Platform registered country and region

Australia

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2026-05-31
  • This broker has accumulated 1 negative field survey reviews on WikiFX. Please be aware of the risk and guard against potential fraud.
  • This broker is not licensed to conduct retail forex business. Please be aware of the risks.

WikiFX Verification

AEFOREX · Company summary
AEFOREX Review Summary
Founded 2013
Registered Country/RegionAustralia
RegulationASIC
Market InstrumentsForex, Commodities, Indices
Demo Account/
Leverage/
Spread/
Trading PlatformMT4
Minimum Deposit$100
Customer SupportEmail: info@aeforex.com
Tel: +61 03 9018 6792
Address: Unit 701 167 Queen street Melbourne VIC 3000 Australia

AEFOREX Information

AEFOREX is an Australia-based broker founded in 2013, which is regulated by ASIC. It offers trading services on forex, commodities, and indices on the MT4 platform, with a minimum deposit of $100.

AEFOREX Information

Pros and Cons

Pros Cons
Regulated by ASICLimited info on trading conditions
MT4 supportedLimited Trading Assets
No deposit fees

Is AEFOREX Legit?

AEFOREX is legitimate. It is regulated by Australia Securities & Investment Commission (ASIC) under AURORA EXPLORE PTY LTD, with license number 001308972.

Regulatory Status Regulated
Regulated by Australia Securities & Investment Commission (ASIC)
Licensed Institution AURORA EXPLORE PTY LTD
Licensed TypeAppointed Representative(AR)
Licensed Number001308972
license

What Can I Trade on AEFOREX?

Tradable Instruments Supported
Forex
Indices
Commodities
Stocks
Cryptocurrencies
Futures
Bonds
ETFs
assets

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT4Web, iOS, Android, MacOS, WindowsBeginners
MT5Web, iOS, Android, MacOS, WindowsExperienced traders
Trading Platform

Deposit and Withdrawal

MethodMinimum DepositMinimum WithdrawalDeposit FeesWithdrawal FeesProcessing Time
Bank$100$1000$103-5 working days
E-Wallet$100$10000Instant
VISA$100$10000Instant
Mastercard$100$10000Instant
Deposit and Withdrawal
Deposit and Withdrawal

User Reviews

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User comment

3

Comments

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Sato Kentaro
more than one year
Account opening with AEFOREX seems straightforward based on the website. Confirmation on processing timelines would be reassuring.
Account opening with AEFOREX seems straightforward based on the website. Confirmation on processing timelines would be reassuring.
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2024-06-28 14:46
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Nguyễn Văn
more than one year
The stop-loss and limit order options are solid, but the API for automated strategies can be unstable. Risk management tools are effective, yet withdrawing funds can be slow. So, mixed experience, with some highs and lows.
The stop-loss and limit order options are solid, but the API for automated strategies can be unstable. Risk management tools are effective, yet withdrawing funds can be slow. So, mixed experience, with some highs and lows.
Translate to English
2024-06-26 14:46
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