Aura FX

Note: Aura FX' official website: https://www.aura-fx.com/ is currently inaccessible normally.

AuraFX is a New Zealand-based forex broker founded in 2013. The company offers a diverse range of tradable assets through the MT4 platform, which is available for both desktop and mobile devices. AuraFX provides a maximum leverage of 1:200. However, it has no regulations and their website is not accessible.

Pros and Cons

Is Aura FX Legit?

Aura FX is not regulated. Besides, its current status is clientDeleteProhibited, clientRenewProhibited, clientTransferProhibited, and clientUpdateProhibited. And as of now, their official website is not available.

What Can I Trade on Aura FX?

Aura FX offers 50 currency pairs, CFDs, commodities and indices, oil, gas, gold, and silver.

Account Type

Aura FX offers a single retail account type with the minimum deposit of $300.

It also offers demo accounts with $50,000 in virtual funds for practice purposes. The demo account grants access to 50 forex pairs and a variety of other financial assets.

Leverage

Aura FX offers maximum leverage of 1:200.High leverage (1:200) amplifies both potential gains and losses.

Aura FX Fees

Aura FX offers spreads from 0.8 pips. It claims that it does not charge commissions.

Trading Platform

Aura FX offers MT4.MT4 offers traders an extensive array of technical indicators and charting timeframes, as well as the necessary toolsets and software for high-frequency trading algorithms.

Deposit and Withdrawal

Aura FX supports deposits and withdrawals via VISA, MasterCard, Neteller, Skrill, and Bank Wire (BankTransfer/SWIFT).

There are no fees for deposits, and the available currency options include USD, EUR, and GBP.