Auric Markets Limited

Overview

Auric Markets Limited, registered in Japan, operates in the financial trading sector offering a variety of tradable assets including 62 forex currency pairs, precious metals like gold and silver, mainstream cryptocurrencies such as Bitcoin, Ethereum, and others, as well as major stock indices and crude oil. The company provides access to trading via the ST5 platform and supports prospective clients with a demo account to test trading strategies. Regulatory oversight is mixed, with a license from the United States NFA (License No. 0562588) which is marked as “Unauthorized” due to exceeding the permitted business scope, alongside regulation by FinCEN focused on preventing financial crimes. Customer support is reachable via email at support@auricvip.com. However, details regarding leverage, spreads, and commissions are notably absent from the website, leaving potential traders without crucial information for decision-making.

Regulation

1. Regulatory Status with United States NFA:

1. It also exceeds the permitted business scope regulated by the NFA's UNFX Non-Forex License.

2. However, there are issues with its regulatory status, marked as “Unauthorized.”

3. Auric Markets Limited has a license from the United States NFA (license number: 0562588).

2. Regulation by FinCEN:

1. FinCEN's oversight ensures Auric Markets follows strict rules to detect and prevent suspicious financial activities.

2. Auric Markets Limited is regulated by FinCEN, which focuses on preventing financial crimes like money laundering.

Pros and Cons

Auric Markets Limited presents a compelling option for traders seeking diverse trading opportunities, supported by reliable technology and customer service. The company offers access to various financial instruments, including forex, precious metals, cryptocurrencies, and major stock indices. Despite facing regulatory issues with the NFA, Auric Markets Limited is regulated by FinCEN, emphasizing its commitment to compliance and combating financial crimes. The account opening process is straightforward, and customer support is dedicated to providing prompt assistance to clients. However, it's worth noting that key information such as leverage, spreads, and commissions are not readily available on the website.

Market Instruments

Auric Markets Limited offers various financial instruments for trading. These may include:

1. Foreign Exchange (Forex):

1. Traders can take advantage of fluctuations in exchange rates between various currencies.

2. Auric Markets Limited offers trading in 62 currency pairs with ultra-low spreads and fast execution.

2. Precious Metals:

1. Auric Markets Limited provides opportunities to include these precious metals in trading portfolios for potential profit.

2. Traders can speculate on the price movements of gold and silver against the US dollar.

3. Cryptocurrencies:

1. Traders can participate in the dynamic cryptocurrency market through trading these digital assets.

2. Auric Markets Limited provides access to mainstream virtual currencies like Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Ethereum Classic (ETC), Dash, and others.

4. Stock Indices and Crude Oil:

1. Traders can speculate on the performance of stock indices or the price movements of crude oil without additional costs or complications.

2. Access major international stock indices and crude oil markets with no fees, requotes, or hidden markups.

These offerings allow traders to diversify their portfolios and engage in various markets with transparency and competitive trading conditions provided by Auric Markets Limited.

How to open an account ？

Here's a step-by-step description of how to open an account with Auric Markets Limited:

1. Online Application:

1. Provide any additional required information as prompted by the application form.

2. Fill out the online application form with your personal information, including your name, contact details, and residential address.

3. Visit the Auric Markets Limited website and click on the “Open Account” button or link.

2. Sending Information:

1. Additionally, provide your bank information, which may include details of the account you'll use for deposits and withdrawals.

2. Prepare and upload scanned copies or clear photos of your identification documents, such as your passport or driver's license.

3. After completing the online application, you'll be prompted to upload necessary documents.

3. Examination and Review:

1. You'll receive confirmation of the review process and the outcome via email.

2. The company will assess your application to ensure compliance with regulatory requirements and internal policies.

3. Once you've submitted your application and provided the required documents, Auric Markets Limited will review your information.

4. Deposit to Start Trading:

1. With funds deposited, you're ready to start trading forex and CFDs through Auric Markets Limited's platform.

2. Deposit funds into your trading account using the available deposit methods outlined by Auric Markets Limited.

3. Log in to the management system provided by Auric Markets Limited to access your account details.

4. Upon successful completion of the review process, you'll receive an email with your account information.

By following these steps, you can open a forex and CFD trading account with Auric Markets Limited quickly and easily, allowing you to begin trading in just a few clicks.

Trading Platforms

Auric Markets Limited offers traders access to the ST5 trading platform, designed for ease and convenience. Here's what it offers:

1. Real-time Trading:

1. Traders can execute trades instantly, reacting quickly to market changes.

2. Easy-to-Use Interface:

1. ST5's interface is simple and customizable, making trading hassle-free.

3. Accurate Market Data:

1. Traders get stable and detailed market analysis for making informed decisions.

4. Technical Indicators:

1. The platform includes various tools for analyzing market trends easily.

5. Automated Trading:

1. ST5 has automated features to help traders execute their strategies efficiently.

6. Complete Functionality:

1. It offers everything traders need, whether trading forex, futures, crude oil, or CFDs.

7. Popular Choice:

1. Traders prefer ST5 for its reliability and user-friendly design, making it widely used.

In short, ST5 makes trading straightforward and accessible for traders across different markets.

Customer Support

Auric Markets Limited's customer support, reachable via email at support@auricvip.com, is dedicated to providing prompt and knowledgeable assistance to clients. With a commitment to timely responses and professional guidance, the team endeavors to resolve clients' inquiries, whether they relate to account management, technical issues, or trading platform navigation. Operating within specified business hours, the support team aims to ensure client satisfaction through effective communication and problem resolution. Additionally, Auric Markets Limited likely values client feedback, using it to continuously enhance and optimize their customer support services.

Conclusion

In summary, Auric Markets Limited offers a comprehensive trading experience, providing access to a wide range of financial instruments, including forex, precious metals, cryptocurrencies, and stock indices, all supported by the ST5 trading platform. Despite facing regulatory issues with the NFA, the company is regulated by FinCEN, underscoring its commitment to compliance and combating financial crimes. The account opening process is straightforward, and customer support is dedicated to providing prompt assistance to clients. However, it's worth noting that key information such as leverage, spreads, and commissions are not readily available on the website. Overall, Auric Markets Limited presents a compelling option for traders seeking diverse trading opportunities, supported by reliable technology and customer service.

FAQs

Q: What financial instruments can I trade with Auric Markets Limited？

A: Auric Markets Limited offers trading in forex, precious metals, cryptocurrencies, and major stock indices.

Q: Is Auric Markets Limited regulated？

A: Yes, Auric Markets Limited is regulated by FinCEN, focusing on preventing financial crimes like money laundering.

Q: How can I open an account with Auric Markets Limited？

A: To open an account, simply visit the Auric Markets Limited website, fill out the online application form, upload necessary documents, pass the review process, and deposit funds to start trading.

Q: What trading platform does Auric Markets Limited provide？

A: Auric Markets Limited offers access to the ST5 trading platform, known for its real-time trading, user-friendly interface, and comprehensive functionality.

Q: How can I contact customer support？

A: You can reach Auric Markets Limited's customer support team via email at support@auricvip.com for prompt assistance with account management, technical issues, or trading platform navigation.

Risk Warning

Online trading carries substantial risk, potentially leading to the total loss of invested funds. It may not be appropriate for all traders or investors. It's crucial to fully comprehend the associated risks before engaging in trading activities. Additionally, the content of this review is subject to change, reflecting updates in the company's services and policies. The review's creation date is also relevant, as information could have become outdated. Readers should confirm the latest information with the company prior to making any investment decisions. The responsibility for utilizing the information provided herein lies exclusively with the reader.