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AURA FX Ltd. was founded in 2013 in New Zealand. Clients’ funds are kept in a different bank account. This means that AURA FX does not have access to client funds. In addition, funds can only be withdrawn by the client according to strict predefined procedures. The broker was registered with the New Zealand Registry of Financial Service Providers until November 2017. However, the broker is currently not regulated and therefore there is a risk for investors.
Company’s services:
AURA FX offers 50 currency pairs, CFDs and precious metals trading.
Terms of trade:
To open an account, you need to deposit $1000. Spreads are fixed. The broker provides the MT4 trading platform. Also, traders have access to professional charts, real-time news, economic calendars.
Education:
Clients can get access to the educational website. The site contains training videos and guides to help newcomers to the forex market learn more about trading. Also, there is a glossary of terms on the broker`s website.
Support service:
Clients may contact the support service 24/7 by phone, Skype or email.
Feedback from traders:
Traders dissatisfied with the work of the support service. There are problems with withdrawing money. Traders also say that the broker is a scam.
Advantages:
- Competitive spreads
- Variety of trading instruments
Disadvantages:
- No license
- High deposit
