Abstract:Aronex is a Cambodia-based forex broker, with the company behind it called Aronex Corporation Ltd, allegedly offering retail and institutional clients to a series of trading products including forex exchange, and other instruments. This company says they strive to offer the best trading platform at a low-cost pricing, solid trading infrastructure, fast execution and exceptional client support.
Note: Aronex's official website: https://aronexcorporation.com/ is currently inaccessible normally.
Aronex provides access to a well-known trading tool (MT4) together with a range of tradable instruments including Forex, commodities, and cryptocurrencies. Its main drawback, meantime, is the absence of control, which begs questions regarding the openness and security of its activities.
Pros | Cons |
Availability of the MT4 trading platform | Not regulated |
Two account types tailored for different traders | High minimum deposit up to $200 |
Operations lacking openness |
Regulatory Status | Revoked |
Regulated by | Cambodia |
Licensed Institution | ARONEX Co., Ltd. |
Licensed Type | Common Financial Service License |
Licensed Number | Unreleased |
Tradable Instruments | Supported |
Forex | ✔ |
Commodities | ❌ |
Crypto | ❌ |
CFD | ❌ |
Indexes | ❌ |
Stock | ❌ |
ETF | ❌ |
Account Type | Minimum Deposit | Features | Suitable For |
Classic | $200 | Basic trading features, suitable for those new to trading or with lower capital | Beginner Traders |
Privilege | $10,000 | Designed for traders with significant capital, likely offering more premium features and services | Experienced Traders |
Trading Platform | Supported | Available Devices | Suitable for |
MT4 | ✔ | Desktop, Mobile (iOS, Android) | All types of traders, especially those using advanced trading instruments |
Aronex does not specify whether it charges any fees for deposits or withdrawals. The minimum initial deposit for an account is $200.
Aronex offers 5/24 customer support. The support methods include phone, email, and social media.
Contact Options | Details |
Phone | +85509745588882 |
contact@aronexcorporation.com | |
Support Ticket System | - |
Online Chat | - |
Social Media | - |
Supported Language | English |
Website Language | English |
Physical Address | 60 Paya Lebar Road #07-39 Paya Lebar Square, Singapore (409051) |
Aronex offers a whole trading experience with access to the MT4 platform and a range of tradable instruments. Still, one major disadvantage is the absence of openness and control. For seasoned traders who can reduce these risks, it is most suited.
Is Aronex safe?
No, Aronex is not considered safe due to its revoked regulatory status.
Is Aronex good for beginners?
Aronex offers a Classic account suitable for beginners, but the lack of regulation may pose significant risks.
Is Aronex good for day trading?
Yes, Aronex's MT4 platform and range of instruments make it suitable for day trading, but traders should be cautious due to regulatory concerns.
Is it safe to trade with Aronex?
Trading with Aronex carries significant risk due to its revoked regulatory status and lack of transparency.