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Aronex Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-08-22 11:03

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 Information

  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.

Aronex Information

Pros and Cons

Pros Cons
Availability of the MT4 trading platformNot regulated
Two account types tailored for different tradersHigh minimum deposit up to $200
Operations lacking openness

Is Aronex Legit?

Regulatory Status Revoked
Regulated by Cambodia
Licensed Institution ARONEX Co., Ltd.
Licensed TypeCommon Financial Service License
Licensed NumberUnreleased
Is Aronex Legit ?

What Can I Trade on Aronex?

Tradable Instruments Supported
Forex✔
Commodities❌
Crypto❌
CFD❌
Indexes❌
Stock❌
ETF❌

Account type

Account TypeMinimum DepositFeaturesSuitable For
Classic$200Basic trading features, suitable for those new to trading or with lower capitalBeginner Traders
Privilege$10,000Designed for traders with significant capital, likely offering more premium features and servicesExperienced Traders

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT4✔Desktop, Mobile (iOS, Android)All types of traders, especially those using advanced trading instruments

Deposit and Withdrawal

  Aronex does not specify whether it charges any fees for deposits or withdrawals. The minimum initial deposit for an account is $200.

Customer Service

  Aronex offers 5/24 customer support. The support methods include phone, email, and social media.

Contact Options Details
Phone+85509745588882
Emailcontact@aronexcorporation.com
Support Ticket System-
Online Chat-
Social Media-
Supported LanguageEnglish
Website LanguageEnglish
Physical Address60 Paya Lebar Road #07-39 Paya Lebar Square, Singapore (409051)

The Bottom Line

  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.

FAQs

  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.

Related broker

No Regulation
Aronex
Company name:Aronex Corporation
Score
1.54
Website:https://aronexcorporation.com/
5-10 years | Suspicious Regulatory License | Suspicious biz area | Common Financial Service License
Score
1.54

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