Aura FX Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-11-21 10:43

Abstract：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.

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

Aura FX Review Summary
Founded	2013
Registered Country/Region	New Zealand
Regulation	Unregulated
Market Instruments	50 currency pairs, CFDs, commodities and indices, oil, gas, gold, and silver
Demo Account	✅
Leverage	Up to 1:200
Spread	From 0.8 pips
Trading Platform	MT4
Min Deposit	$300
Customer Support	Phone: +64 988 97 872
	Email: info@aura-fx.com
	Linkedin: https://www.linkedin.com/company/aura-fx
	YouTube: https://www.youtube.com/channel/UCrhIMR_qP0XUjSSuRku_p0Q
	Address: 41 Shortland St. Auckland, 1010 New Zealand

　　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

Pros	Cons
Various popular trading products	Unregulated
Multiple contact channels	Inaccessible website
MT4 available	High minimum deposit

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.

Tradable Instruments	Supported
Forex	✔
CFDs	✔
Commodities	✔
Oil & gas	✔
Gold & silver	✔
Indices	✔
Stocks	❌
Cryptocurrencies	❌
Bonds	❌
Options	❌
ETFs	❌

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.