AUS GLOBAL Review Summary in 10 Points | |
Founded | 2003 |
Registered Country | United Kingdom |
Regulation | ASIC, CYSEC,FSCA |
Market Instruments | US & EU Stocks, Forex, Precious Metals, Futures, Stock Indices, and Cryptocurrency |
Demo Account | Available (30 days) |
Leverage | 1:500 |
EUR/USD Spread | 0.9 pips |
Trading Platforms | MT4, MT5, cTrader |
Minimum deposit | $50 |
Customer Support | 24/7 live chat, phone, email |
AUS GLOBAL Information
AUS GLOBAL is the internet brokerage brand of AUS Group, with offices in Cyprus, London, Dubai, Turkey, Seychelles, Mauritius, Thailand, Malaysia, Vanuatu, Melbourne, Vancouver and Wellington. It is a forex and CFD broker regulated by the Cyprus Securities and Exchange Commission (CySEC), the Australia Securities & Investment Commission (ASIC), and the Financial Sector Conduct Authority (FSCA), offering online trading services to retail and institutional clients worldwide. The broker provides a range of trading instruments, including forex, stocks, indices, commodities, and cryptocurrencies, as well as various trading platforms such as MT4, MT5, and cTrader.
The broker also offers multiple account types with competitive trading conditions, such as low spreads, high leverage, and fast execution speeds. Additionally, AUS GLOBAL provides various trading tools, educational resources, and customer support services to help clients improve their trading experience.
What Type of Broker is AUS GLOBAL?
AUS Global is a No Dealing Desk platform (NDD) that transmits client orders to electronic trading centers on central clearing markets, where automated matching systems instantly reconcile trades to ensure that each client order is executed fairly.
![AUS GLOBAL's home page AUS GLOBAL's home page](https://wzimg.fx696.com/guoji/2023-04-27/638181875643362720/ART638181875643362720_123032.jpg-article598)
Pros & Cons
AUS GLOBAL appears to be a reputable broker under a strong regulatory framework, offering a wide range of trading instruments and account types. The broker's customer service seems to be responsive and available through multiple channels, including social media platforms.
However, some users have reported issues with scams and severe slippage, and it may be a drawback for infrequent traders. Overall, prospective clients should carefully consider the pros and cons before choosing to trade with AUS GLOBAL.
Pros | Cons |
• Regulated by CYSEC and ASIC | • Some reports of scams and slippage |
• Offers professional insurance and client fund segregation | • No info on commissions |
• Supports MT4, MT5, cTrader | • Deposit fees for some payment methods |
• Wide range of trading instruments | |
• Multiple account types with low minimum deposits | |
• Leverage up to 1:500 | |
• Multiple trading platforms and tools | |
• Various payment methods with no withdrawal fees | |
• Responsive customer service available 24/7 |
AUS GLOBAL Alternative Brokers
- Tickmill - With competitive spreads, a range of trading platforms, and a variety of account types, Tickmill is a good option for both novice and experienced traders.
- XTB - With a user-friendly trading platform, a wide range of trading instruments, and strong regulation, XTB is a reliable broker for traders of all levels.
- FxPrimus - With strong regulation, a range of account types, and competitive trading conditions, FxPrimus is a good choice for traders seeking a trustworthy and experienced broker.
There are many alternative brokers to AUS GLOBAL depending on the specific needs and preferences of the trader. Some popular options include:
Ultimately, the best broker for an individual trader will depend on their specific trading style, preferences, and needs.
Is AUS GLOBAL Safe or a Scam?
AUS GLOBAL operates under two reputable authorites, including the Cyprus Securities and Exchange Commission (CYSEC) in Cyprus and Australia Securities & Investment Commission (ASIC) in Australia.
![regulation regulation](https://wzimg.fx696.com/guoji/2024-04-23/638494885111261789/ART638494885111261789_707860.png-article598)
![regulation regulation](https://wzimg.fx696.com/guoji/2024-04-23/638494886244701271/ART638494886244701271_270460.png-article598)
AUS GLOBAL is regulated by the Financial Sector Conduct Authority (FSCA) in South Africa under license number 52171. This means that AUS GLOBAL is authorized to provide financial services within South Africa.
![the Financial Sector Conduct Authority (FSCA) the Financial Sector Conduct Authority (FSCA)](https://wzimg.fx696.com/guoji/2024-08-16/638594076572081603/ART638594076572081603_278515.jpg-article598)
Besides, the segregation of client funds and partnerships with leading banks also provide additional protection for clients' funds. The implementation of SSL encryption is another positive aspect that ensures secure data transmission.
![s AUS GLOBAL Safe or Scam? s AUS GLOBAL Safe or Scam?](https://wzimg.fx696.com/guoji/2023-04-27/638181875649556257/ART638181875649556257_473185.jpg-article598)
Market Instruments
AUS GLOBAL offers a wide range of trading instruments, including over 10,000 products, such as US and EU stocks, forex, precious metals, futures, stock indices, and cryptocurrency. This variety allows traders to diversify their portfolios and take advantage of multiple markets with a single account.
![protection measures protection measures](https://wzimg.fx696.com/guoji/2023-04-27/638181875653696363/ART638181875653696363_711386.jpg-article598)
Account Types
AUS GLOBAL provides four types of live accounts to suit different trading needs and experience levels, STP, ECN, CLASSIC and VIP, with a relatively low minimum deposit requirement of $50 for the STP and ECN accounts. The Classic and VIP accounts are designed for more experienced and active traders, with higher minimum deposit requirements of $2,000 and $10,000 respectively.
The free demo accounts offered by AUS GLOBAL are a great way for traders to practice and test their trading strategies without risking real money. It is worth noting that these demo accounts are valid for 30 days from the date of registration, and the validity period will be renewed as long as the client logs into the demo account within 30 days.
![Account Types Account Types](https://wzimg.fx696.com/guoji/2023-04-27/638181875656898445/ART638181875656898445_525918.jpg-article598)
Leverage
The leverage offered by AUS GLOBAL ranges from 1:1 to 1:500, depending on the trading product and account type. Different instruments have different margin requirements and leverage limits, so it's important to check the specific requirements for each trade before opening a position.
![Leverage Leverage](https://wzimg.fx696.com/guoji/2023-04-27/638181875659242432/ART638181875659242432_782125.jpg-article598)
Spreads & Commissions
AUS GLOBAL offers competitive spreads, especially for its ECN account type with a 0.2 pip spread on the EUR/USD pair. However, it is unclear whether the broker charges any commission on top of the spread for these account types. The STP and Classic account types have higher spreads of 1.5 and 1.9 pips, respectively, which may not be as attractive to traders seeking lower trading costs.
Overall, AUS GLOBAL's spread offerings seem to be in line with industry standards, but it would be beneficial to have more information about commissions before making a definitive judgment.
![Spreads Spreads](https://wzimg.fx696.com/guoji/2023-04-27/638181875661976374/ART638181875661976374_822519.jpg-article598)
Below is a comparison table about spreads and commissions charged by different brokers:
Broker | EUR/USD Spread (in pips) | Commissions |
AUS GLOBAL | 0.2 (ECN), 1.5 (STP), 1.9 (Classic) | N/A |
Tickmill | 0.0 - 0.3 | $2 per lot |
XTB | 0.1 - 0.5 | N/A |
FxPrimus | 0.1 - 1.5 | N/A |
Note: Spreads can vary depending on market conditions and volatility.
Trading Platforms
AUS GLOBAL supports three of the most popular trading platforms in the industry, which are MT4, MT5, and cTrader, providing traders with multiple options to choose from. The platforms are available on desktop and mobile devices, enabling traders to access their accounts and trade on the go. The trading platforms offer advanced charting tools, technical analysis indicators, and a variety of order types, allowing traders to customize their trading strategies.
![Trading Platforms Trading Platforms](https://wzimg.fx696.com/guoji/2023-04-27/638181875665023336/ART638181875665023336_943280.jpg-article598)
See the trading platform comparison table below:
Broker | Trading Platforms |
AUS GLOBAL | MT4, MT5, cTrader |
Tickmill | MT4, MT5, WebTrader |
XTB | xStation, MT4, AgenaTrader |
FxPrimus | MT4, WebTrader |
Trading Tools
AUS GLOBAL provides its clients with several trading tools to enhance their trading experience.
Firstly, the broker offers social trading, which allows clients to follow and copy the trades of experienced traders in real-time. This feature can be especially useful for beginner traders who are still learning how to trade.
Secondly, AUS GLOBAL provides an economic calendar, which lists upcoming economic events and announcements that could affect the markets. This tool enables traders to stay informed and make informed trading decisions.
Finally, AUS GLOBAL also offers PAMM/MAM (Percentage Allocation Management Module) accounts, which allow experienced traders to manage the funds of multiple clients simultaneously. This feature is particularly useful for traders who want to manage larger funds or for investors who want to allocate their funds to experienced traders.
Copy Trading
GMI's all-in-one auto-copying solution enables traders to follow and replicate trades from successful traders in the community, providing exposure to proven strategies and portfolio diversification through social trading.
![Copy Trading Copy Trading](https://wzimg.fx696.com/guoji/2024-04-23/638494888752987381/ART638494888752987381_229117.png-article598)
Deposits & Withdrawals
AUS GLOBAL offers various payment options, including local bank transfers, e-wallets, credit cards (Visa/MasterCard), and international wire transfers.
![Deposits Deposits](https://wzimg.fx696.com/guoji/2023-04-27/638181875668011300/ART638181875668011300_583305.jpg-article598)
![Withdrawals Withdrawals](https://wzimg.fx696.com/guoji/2023-04-27/638181875672210719/ART638181875672210719_826281.jpg-article598)
Supported currencies:
EUR, USD, GBP, CNY, AUD, JPY, NZD, AED, HKD, MYR, THB, VND, PHP, IDR, TRY, USDT and other currencies.
The minimum deposit amount varies depending on the payment method, while the minimum withdrawal amount is $40.
AUS GLOBAL minimum deposit vs other brokers
AUS GLOBAL | Most other | |
Minimum Deposit | $50 | $100 |
Deposits via MyPay are subject to around a 4% fee, while other deposit methods are free of charge. There are no withdrawal fees. International wire transfer deposits may take up to 5 working days to process, while other deposits are processed instantly. Most withdrawals can be processed in approximately 1 working day.
See the deposit & withdrawal fee comparison table below:
Broker | Deposit Fee | Withdrawal Fee |
AUS GLOBAL | Free (except MyPay) | Free |
Tickmill | Free | Free |
XTB | Free | Free (over $100) |
FxPrimus | Free | Free |
Note: The fees listed above are subject to change, and may vary depending on the specific account type and payment method used. It is always recommended to check the broker's official website for the most up-to-date fee information.
Customer Service
It is noteworthy that AUS GLOBAL offers multiple channels of customer support, including 24/7 live chat, phone, email, or online messaging. Additionally, the broker provides a Help Center to assist clients with common questions and issues. For those who prefer social media, AUS GLOBAL can also be followed on Twitter, Facebook, and Instagram.
![Customer Service Customer Service](https://wzimg.fx696.com/guoji/2023-04-27/638181875674711185/ART638181875674711185_487962.jpg-article598)
![Customer Service Customer Service](https://wzimg.fx696.com/guoji/2023-04-27/638181875676898441/ART638181875676898441_170057.jpg-article598)
Overall, AUS GLOBAL's customer service is considered reliable and responsive, with various options available for traders to seek assistance.
Pros | Cons |
• 24/7 live chat | • No physical office location available for in-person support |
• Multi-channel support | |
• Help Center available for self-service support | |
• Active on social media | |
• Customer service representatives are knowledgeable and responsive | |
• Fast response times for most inquiries |
User Exposure on WikiFX
On our website, you can see that some users have reported scams and severe slippage. Please be aware and exercise caution when investing. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you.
![User Exposure on WikiFX User Exposure on WikiFX](https://wzimg.fx696.com/guoji/2023-04-27/638181875679554832/ART638181875679554832_343022.jpg-article598)
Conclusion
In conclusion, AUS GLOBAL offers a wide range of trading instruments and account types with competitive spreads and leverage of up to 1:500. The broker also supports popular trading platforms such as MT4, MT5, and cTrader, and provides various trading tools. AUS GLOBAL also offers multiple deposit and withdrawal methods with no withdrawal fees.
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.
Frequently Asked Questions (FAQs)
Q 1: | Is AUS GLOBAL regulated? |
A 1: | Yes. It is regulated by CYSEC in Cyprus, ASIC in Australia, and FSCA in South Africa. |
Q 2: | Does AUS GLOBAL offer demo accounts? |
A 2: | Yes. It is valid for 30 days from the date of registration of the demo account. The 30-day validity period will be renewed as long as the client logs into the demo account within 30 days. |
Q 3: | Does AUS GLOBAL offer the industry-standard MT4 & MT5? |
A 3: | Yes. It supports MT4, MT5 and cTrader. |
Q 4: | What is the minimum deposit for AUS GLOBAL? |
A 4: | The minimum initial deposit to open an account is $50. |
Q 5: | Is AUS GLOBAL a good broker for beginners? |
A 5: | No. It is not a good choice for beginners. Though it is regulated well and offers demo MT4 and MT5 accounts, there are too many negative reviews from their clients. |
Risk Warning
Online trading carries substantial risk, potentially leading to the total loss of invested funds. It may not be appropriate for all traders or investors. It's crucial to fully comprehend the associated risks before engaging in trading activities. Additionally, the content of this review is subject to change, reflecting updates in the company's services and policies. The review's creation date is also relevant, as information could have become outdated. Readers should confirm the latest information with the company prior to making any investment decisions. The responsibility for utilizing the information provided herein lies exclusively with the reader.