AUS GLOBAL Broker Review 2024

AUS GLOBAL is a global brokerage regulated by 6 financial authorities worldwide [ASIC, CySEC, FSCA, FSC, FSA, SCA.] Also, it offers features such as an economic calendar, a PAMM account, and leverage up to 1:500.

The broker enables access to 4 main account types [Standard STP, ECN, CLA, VIP]. The minimum deposit for the first 3 is $50.

Company Specifications & Regulation Licenses

AUS GLOBAL is a multi-asset broker founded in 2003. Headquartered in the bustling city of Dubai, United Arab Emirates, this broker has established a global presence over the years. Company in Numbers:

• Over 100 employees;
• More than 150,000 customers;
• Over 20 offices across the globe in South Africa, Melbourne, Seychelles, and other regions.

What sets AUS Global apart is its impressive list of regulatory approvals. The broker is regulated by several prestigious financial authorities, including:

• Australian Securities and Investments Commission (ASIC);
• Cyprus Securities and Exchange Commission (CySEC);
• Financial Services Commission of Mauritius (FSC);
• Financial Services Authority of Saint Vincent and the Grenadines (FSA);
• Securities and Commodities Authority of the United Arab Emirates (SCA);
• Financial Sector Conduct Authority (FSCA) in South Africa.

Summary Of Key Details

Financial brokers come with a suite of features and specifics that make them what they are. Let's have an overview of those specs for AUS GLOBAL:

Trading Account Variety

AUS Global offers a diverse range of account types suitable for traders with various approaches. Let's break down the main accounts and compare them:

Per our investigations, the only difference in these accounts is the commission or transaction fee, which will be discussed later in this article.

Besides these live accounts, a demo account is also available for a trial without the risk of losing real funds.

How to Register and Verify an Account on AUS

Account opening and KYC (Know Your Customer) verification is not complicated on AUS. Here's a quick guide:

• Navigate to the official website at www.ausglobaluk.com and click "Open an Account";
• Provide your personal information, including name, email, birth date, and nationality;
• Enter the security code sent to your email in the corresponding field;
• Complete the financial questionnaire;
• Complete the contact form with phone number and residence address;
• Submit one of the required ID documents for KYC verification.

You have created your trading account on the broker and are able to start trading.

Trading Platforms and Facilities

Brokers typically use multiple trading terminals to meet the needs of every trader. However, according to the latest data available, AUS GLOBAL provides access only to one platform, which is cTrader. It's one of the popular choices among traders with a more modern and attractive interface, and the necessary features for trading.

The platform is available via these platforms and solutions:

• Web
• Windows
• Mac
• Android
• iOS

What Are The Spreads And Trading Commissions?

Trading commissions structure is a critical factor when choosing a broker and estimating profits from trading in financial markets. We investigated the website for any exact information about the matter; the broker does not provide any more details than this:

In fact, there are no exact numbers for these fees in accounts on the website, which is a drawback.

Regarding the spreads, AUS states that it starts from 0.0 pips. A detailed table containing spread amount for each trading pair is provided on the website.

Besides the mentioned costs, there are no non-trading fees charged by the brokerage. This is a strength for the company.

Funding Methods and Withdrawal Options

AUS offers a variety of deposit and withdrawal methods to accommodate traders from different regions. Let's examine these options in the next sections. Note that the availability of these methods may vary depending on your location.

Deposits

• Bank Transfers;
• Credit/Debit Cards;
• GlobePayInc;

Withdrawals

• Bank Transfers;
• UnionPay;
• Help2Pay;
• MyPay;
• OCC;
• And other methods.

Does AUS GLOBAL Provide Any Investment Services?

One of the most popular investment methods for earning passive income via brokerages is the copy trading tool. AUS offers this option, allowing traders to replicate the trades of successful investors without spending any time on strategies and analysis, through "Social Trading" services.

Also, a PAMM account is available for clients' money management in a single account. There are no account limits for PAMM and the deposit amount is unlimited, too.

Are There Any Available Bonuses?

At the time of writing, we couldn't find any information about active bonuses or promotions offered by AUS GLOBAL. It's worth noting that many regulated brokers, especially those under strict regulatory bodies like ASIC, often have limitations on offering trading bonuses.

Always read the terms and conditions carefully if you come across any promotional offers, as they often come with specific trading volume requirements or other restrictions.

Support Contact Methods and Active Hours

Customer support is a crucial aspect of any forex broker's service. AUS offers several ways to get in touch:

• Ticket System: Access through the "Contact Us" page of the website;
• Live Chat: Available on the website;
• Phone Call: Through these phone numbers:
  • +44 203 769 9740;
  • +65 3138 8011;
  • +852 3853 1090;
  • +61 73 106 8871.
• Email: support@ausglobaluk.com.

The brokerage does not directly provide any information about the support department working schedule, but based on our investigations, it provides 24/7 customer services.

Trust Scores; Is AUS GLOBAL Trustworthy?

Trust scores and user reviews on websites like Trustpilot, REVIEWS.io, and ForexPeaceArmy can provide a valuable image of a broker's reputation. Unfortunately, AUS's scores on popular review platforms are concerning:

• Trustpilot: 1.5/5 stars, based on more than 100 reviews;
• ForexPeaceArmy: Rated 1 out of 5, with only 4 ratings.

The majority of reviews (+90% 1-star on Trustpilot) are negative, with users reporting issues such as sudden account closures and unexplained profit deductions; some of them call it out as an scam company.

Despite the strong regulatory status, the overwhelming negative sentiment raises serious concerns about the broker's reliability and trustworthiness.

Conclusion And Final Words

AUS GLOBAL provides the trading of over 10,000 symbols across 5 markets [Forex, Commodities, Indices, Stocks, Metals] with a maximum leverage of 1:500.

The broker has received a 1.5/5 trust score on the Trustpilot website, and a 1/5 rating on ForexPeaceArmy.