Abstract:AETOS has officially closed its offshore operations under its Mauritius-licensed entity, marking a significant shift in the broker’s global strategy.
AETOS has officially closed its offshore operations under its Mauritius-licensed entity, marking a significant shift in the brokers global strategy.
Offshore Operations Halted
The decision to terminate offshore services was confirmed by AETOS customer support:
“AETOS Markets has made a business decision to terminate the provision of financial trading services to clients,” the broker stated.
This closure comes only a month after AETOS surrendered its Financial Conduct Authority (FCA) licence in the United Kingdom and subsequently dissolved its UK entity.
At present, AETOS‘ website continues to accept new registrations only from residents of Australia. Any attempt to open an account from other jurisdictions is rejected, highlighting the broker’s narrowed geographic focus.
Despite the continued onboarding of Australian clients, questions remain about the long-term future of AETOS operations in the country. The broker has not provided clarity on whether its Australian arm will remain its primary focus going forward or if further restructuring could be on the horizon.
A Shift Away from Global Reach
The exit from both the UK and offshore Mauritius operations signals a retreat from AETOS earlier global ambitions. By giving up its UK licence in June and now shuttering its Mauritius entity, the broker appears to be consolidating operations, perhaps in response to regulatory pressure or shifting business priorities.
For clients, the sudden contraction raises concerns about stability and transparency, particularly as regulatory landscapes tighten across key financial markets.