- low minimum deposit
- No legit forex license
- Offshore company
- Requires extensive list of personal information and ID from the get-go
- Falsely claims to be CySEC-regulated
Location: AUS Global has offices in Sydney, Cyprus, London, Dubai, Turkey, Seychelles, Mauritius, Thailand, Malaysia, Vanuatu, Melbourne, Vancouver, India, South Africa, Nigeria, Taiwan, Vietnam and Wellington.
Operated by AUS GLOBAL Holding Group
Established in 2003
Languages: Arabic, Chinese(Simplified), Dutch, English, French, German, Greek, Hindi, Italian, Portuguese, Spanish, Thai, Vietnamese
Segregated accounts: no
Negative balance protection: no
AUS Global Seychelles Limited is a licensed securities dealer authorized and regulated by the Seychelles Financial Services Authority (SC FSA) with regulatory number SD098.
AUS Global MU Limited is a licensed investment dealer authorized and regulated by the Mauritius Financial Services Commission (MU FSC) with regulatory number GB23201412.
AUS Global Limited is a licensed financial dealer authorized and regulated by the Vanuatu Financial Services Commission (VU FSC) with regulatory number 700368.
AUS GLOBAL FINANCIAL (AU) PTY. LTD. is a licensed financial dealer authorized and regulated by the Australian Securities and Investments Commission (AU ASIC), with a regulatory number of 427848.
However, the broker has been reported to have scamming practices and severe slippage by some users. Overall, AUS GLOBAL can be considered as a decent option for traders, but it is important to be aware of the potential risks and to exercise caution when using their services.
Trading Instruments: currency, crypto, indices, stocks, commodities
You should only trust legitimate brokers operating in one of the established financial centres like the UK, EU, USA or Australia. There, the activities of brokers are controlled by powerful regulatory bodies such as UK’s Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Commodity Futures Trading Commission (CFTC) in US or Australian Securities and Exchanges Commission (ASIC). Clients of these brokers receive protections such as negative balance protection and segregation of the client’s funds from the broker’s funds.
Since AUS Global does not provide proper legal documentation, it is unclear what traps the fraudsters may have set. Typically, fake brokers make withdrawing money impossible through huge fees and impossible-to-fulfil traded volume conditions.
Trading Conditions and Features
Leverage up to 1:500
The initial registration form, they are asking for your sensitive information and ID, which should set off warning bells. No reputable broker would ever ask for your ID during the initial registration process. This is a huge red flag and a clear indication that something is not quite right.
AUS GLOBAL offers four different account options – STP Standard, ECN, Classic, and VIP accounts – each with a different minimum deposit requirement.
Base currency: EUR, USD, GBP, CNY, AUD, JPY, NZD, AED
60 popular currency pairs
Lower capital costs with low or zero handling fees
Their spreads are ranging per each account type with:
- EURUSD – 0.8 pips on ECN/VIP; 2 pips on STP, and 1.5 pips on a Classic account.
- GBPUSD – 0.7 pips on ECN/VIP; 2.2 pips on STP, and 1.9 pips on a Classic account.
- USDJPY – 0.5 pips on ECN/VIP; 2 pips on STP, and 1.7 pips on a Classic account.
AUS GLOBAL claims to offer the widely-used MetaTrader4, MetaTrader5, and cTrader, the registration process with this shady company is not just fishy – it’s downright alarming!
Minimum trading lot size as low as 0.01 lot, small capital can start trading.
Multiple accounts such as STP Account, ECN Account, Classic Account or VIP account can be selected for trading
An open community trading platform Traders and investors from all over the world can publish trading strategies and share their experiences and ideas in real time. Clients’ real accounts can be connected to FOLLOWME. Users who join as followers can get help from posted information to improve their edge. They can set up to follow specific traders with high rankings according to their trading preferences. And they can use COPYTRADE to automatically copy their trades.
Visa, MasterCard, Amex, UnionPay, Wire Transfer, USDT.
Minimum deposit requirement $50
While the Standard and ECN accounts have a relatively reasonable minimum deposit of $50, it’s important to exercise caution with the higher-tier accounts. The Classic account demands a minimum deposit of $2000, while the VIP account requires a whopping $10,000.
Promotions and Competitions
Top traders, this one’s for you!
Here’s what you need to know:
1- Trade with your account, no lot accumulation allowed.
2- Competition runs from Oct 16 to Nov 15 (GMT+0).
3- Trade any product (except stocks) to increase your trading volume.
And the rewards? The top three winners will jet off to Dubai or Spain for a 5-day adventure, plus an exclusive visit to our Dubai office!
Exciting twist: The top three winners will travel together, making this journey even more memorable.
How was the rating of AUS Global performed compared to other brokers?
This 2023 Forex Broker Review has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on AUS Global FX broker performance and features.
Overall our online AUS Global review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online AUS Global or you find inaccurate details AUS Global broker review please get in touch with us and the changes will be applied.