AUSFOREX
Abstract：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.
Note: AUSFOREX's official website https://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 and Cons
| Pros | Cons |
| MT4 and MT5 supported | Current unavailability of website |
| Popular payment options | Suspicious clone licenses |
| High minimum deposit | |
| No demo accounts |
Is AUSFOREX Legit?
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
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!
What Can I Trade on AUSFOREX?
On AUSFOREX, customers can explore the forex and CFD markets.
| Tradable Instruments | Supported |
| Forex | ✔ |
| CFDs | ✔ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type/Fees
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 |
Leverage
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.
Trading Platform
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 |
Deposit and Withdrawal
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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