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Saxo , AUS GLOBAL Broker Comparison

Do you want to know which is the better broker between Saxo and AUS GLOBAL ?

In the table below, you can compare the features of Saxo , AUS GLOBAL side by side to determine the best fit for your needs.

  • Rating
  • Basic Information
  • Benchmark
  • Account Information
  • Relevant information
  • Relevant exposure
  • Rating
  • Basic Information
  • Benchmark
  • Account Information
  • Relevant information
  • Relevant exposure
 2 / 3   brokers in total
Rating
Score
Regulatory Status
WikiFX Guarantee
WikiFX Survey
Risk Evaluation
Exposure
Basic Information
Established
Regulatory license
MT4
MT5
Crypto
Deposit and withdrawal method
Benchmark
environment rating
Transaction Speed
Transaction speed rating
Average transaction speed
The highest transaction speed
The highest speed of opening positions
The highest speed of closing position
Slowest transaction speed
The lowest speed of opening positions
The lowest speed of closing position
Trading slippage
Transaction slippage rating
Average slippage
Maximum transaction slippage
Maximum positive slippage
Maximum negative slippage
Transaction Cost
Transaction cost rating
  • Average transaction cost
  • (EURUSD)
  • Average transaction cost
  • (XAUUSD)
Rollover Cost
Rollover cost rating
  • Average transaction cost
  • (EURUSD)
  • Average transaction cost
  • (XAUUSD)
Disconnection results
Software disconnection rating
Average disconnection frequency (times/day)
Reconnection time
Account Information
Accounts
Account name
Products
Deposit REQ
Maximum Leverage
Spread of majors
Forced Liquidation Ratio
Spread Types
Minimum Position
Crypto
Lock postition
Scalping
EA trading
Saxo
8.24
Regulated
Under guarantee
Above 20 years
ASIC,FCA,FSA,SFC,AMF,CONSOB,FINMA,MAS,AMF,DFSA,ASIC
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
VIP account,Classic account,Platinum account
--
£1,000,000
--
--
0.00
--
--
--
AUS GLOBAL
7.54
Regulated
Under guarantee
--
--
--
5-10 years
CYSEC,ASIC
--
AAA
AAA
290.2
53
53
53
709
693
709
AAA

EURUSD: -0.2

XAUUSD: -0.9

16
-1
19
AAA
10.06 USD/Lot
12.38 USD/Lot
AA

Long: -0.86

Short: 0.03

Long: -17.11

Short: 2.32

AA
0.2
131.3
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--
--
--
--
--
--
--
--
--
--
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Saxo 、 AUS GLOBAL BrokersRelevant information

Saxo BrokersRelevant exposure

Which broker is more reliable?

You can determine the reliability and credibility of a broker by checking four factors:

1.Forex broker introduction。

2.Are the transaction costs and expenses of saxo, ausforex lower?

3.Which broker is safer?

4.Which broker provides better trading platform?

Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:

Forex broker introduction

saxo
Saxo Review Summary in 10 Points
Founded 1992
Headquarters Hellerup, Denmark
Regulation ASIC, FCA, FSA, SFC, BDF, CONSOB, FINMA, MAS
Market Instruments Forex, stocks, futures, options, bonds, ETFs and CFDs
Demo Account Available
Leverage 1:100
EUR/USD Spread 0.4 pips
Trading Platforms SaxoInvestor, SaxoTraderGO, SaxoTraderPRO
Minimum deposit HKD10,000
Customer Support 24/5 phone, email

What is Saxo?

Saxo is a Danish investment bank founded in 1992. It provides online trading and investment services in multiple assets, including stocks, bonds, forex, options, futures, and CFDs, through its proprietary trading platforms. The bank operates in over 100 countries and has offices in major financial centers worldwide, including Copenhagen, London, Singapore, and Tokyo. Saxo Bank is regulated by several financial authorities, including the Danish Financial Supervisory Authority, the UK Financial Conduct Authority, and the Monetary Authority of Singapore. The bank also has a banking license and is a member of the Danish guarantee fund for depositors and investors.

What Type of Broker is Saxo?

Saxo is a multi-asset broker that offers access to a wide range of financial instruments, including forex, stocks, bonds, ETFs, futures, options, and more. The broker provides trading services through its advanced trading platforms and caters to both retail and institutional clients. Saxo operates as a hybrid broker, offering both direct market access (DMA) and market making services.

Saxo's website

Pros & Cons

Saxo is a well-established and reputable broker with a range of trading platforms, instruments, and research tools.

However, the broker's high fees, minimum deposit requirement, and lack of negative balance protection may not be suitable for all traders. Additionally, some users have reported poor customer service experiences.

Pros Cons
• Wide range of financial instruments available • High minimum deposit requirement
• Access to multiple markets and exchanges • Fees and commissions may be higher than competitors
• User-friendly trading platforms • Inactivity fee for dormant accounts
• Advanced trading tools and research • Limited educational resources
• Regulated by top-tier financial authorities • Limited customer support options

Overall, it is important for traders to carefully consider their own needs and preferences before choosing Saxo or any other broker.

Saxo Alternative Brokers

There are many alternative brokers to Saxo, each with their own unique features and benefits. Some popular alternatives include:

  • Interactive Brokers: A well-established broker with a wide range of trading instruments and low commissions.

  • TD Ameritrade: Offers a powerful trading platform and a variety of educational resources.

  • E*TRADE: A popular broker with a user-friendly platform and no account minimums.

  • IG: A global leader in online trading, offering a wide range of markets and advanced trading tools.

  • Plus500: A broker known for its user-friendly platform and tight spreads.

Ultimately, the best alternative broker for you will depend on your specific trading needs and preferences. It's important to research and compare different brokers to find the one that best fits your individual needs.

Is Saxo Safe or Scam?

Saxo is a legitimate and reputable broker with a long track record of providing reliable trading services. It is regulated by top-tier financial authorities such as the Financial Conduct Authority (FCA) in the UK and the Danish Financial Supervisory Authority (DFSA). Additionally, Saxo is a member of several investor protection funds, such as the Financial Services Compensation Scheme (FSCS) in the UK, which protects clients' funds up to a certain amount in case of the broker's insolvency. Therefore, based on its regulation and investor protection measures, Saxo can be considered a legitimate broker.

How are you protected?

Saxo is a regulated broker, with licenses from multiple reputable regulatory authorities and a long-standing history of providing financial services. The broker takes extensive measures to protect client funds, including segregating them from the company's assets and offering negative balance protection.

Additionally, Saxo offers various security features, such as two-factor authentication and encryption, to ensure secure trading.

More details can be found in the table below:

Security Measures Description
Regulation FSA, FINMA, FCA, ASIC, DFSA
Segregated Accounts Client funds are held in segregated bank accounts to protect them in case of insolvency.
Two-Factor Authentication As an extra layer of security for client accounts
SSL Encryption The Saxo website and platform are secured with SSL encryption to protect user data
Investor Compensation Scheme A member of the Danish Investor Compensation Scheme, which provides additional protection to clients in case of insolvency

It's important to note that while these measures provide some level of protection for clients, there is always some level of risk involved in trading financial instruments, and clients should always be aware of the risks before making any trades.

Our Conclusion on Saxo Reliability:

Based on the information available, Saxo appears to be a reliable and trustworthy broker. It is regulated by reputable authorities, has been in operation for several years. However, we also find that some users complain about their bad experience with Saxo. Take care!

Market Instruments

Saxo offers a wide range of trading instruments across multiple asset classes, including

  • Forex: More than 180 currency pairs, including majors, minors, and exotics.

  • Stocks: Over 40,000 stocks from 36 global exchanges, including NYSE, NASDAQ, LSE, and more.

  • Futures: Over 200 futures and options across a variety of asset classes such as commodities, indices, and bonds.

  • Options: A wide range of options on stocks, indices, and futures.

  • Bonds: Trade a wide range of government and corporate bonds, including sovereign bonds from developed and emerging markets.

  • ETFs and CFDs: Access to over 3,000 ETFs and CFDs on indices, commodities, and stocks.

trading asset classes

Accounts

Saxo offers a range of account types designed to suit the different needs of its clients. The account types offered by Saxo are:

  • Classic Account: A traditional account with minimum funding of HKD10,000, which offers a range of trading tools and resources.

  • Platinum Account: A premium account for high-net-worth individuals, with a minimum funding requirement of HKD 1,500,000.

  • VIP Account: An exclusive account for ultra-high-net-worth individuals, with a minimum funding requirement of HKD 8,000,000.

account types
  • Islamic Account: A Sharia-compliant account for clients who follow Islamic finance principles.

  • Corporate Account: An account for companies, partnerships, and other legal entities.

  • Joint Account: An account for two or more individuals who want to trade together.

Each account type has its own unique features and benefits, such as lower pricing, higher leverage, and dedicated account managers. Saxo also offers a free demo account for clients to practice trading before committing to a live account.

Opening an account with Saxo Bank

It takes only about five minutes and a short online form to open an account. Clients will need to submit the standard verification documents required by KYC and AML rules, but the procedure should be quick and easy, and they will have access to their account in minutes.

open an account

Leverage

Saxo offers leverage up to 1:100 for forex trading. Professional clients are entitled to leverage of 1:40 for the primary index, 1:33 for the secondary index, 1:33 for gold, 1:10 for equities, and 1:25 for commodities. Retail clients are entitled to leverage of 1:20 for the primary index, 1:10 for the secondary index, 1:20 for gold, 1:5 for equities and 1:10 for commodities.

However, the maximum leverage may vary depending on the instrument being traded and the client's location. It is important to note that trading with high leverage carries a higher level of risk, and traders should always exercise caution and use risk management strategies.

Spreads & Commissions

Saxo offers variable spreads, which means that the spreads can change depending on market conditions. The typical minimum spreads for popular instruments are as follows:

EUR/USD: 0.4 pips

USD/JPY: 0.6 pips

GBP/USD: 0.9 pips

AUD/USD: 0.6 pips

USD/CHF: 1.2 pips

USD/CAD: 1.5 pips

Saxo also charges commissions on some products, including stocks, ETFs, and futures. The commission fees vary depending on the specific market and the size of the trade. Commissions start at $3 per share for equities, as low as $0.85 per lot for commodities, and $3 per share for ETFs. Futures commissions start as low as $0.85 per lot, bonds commissions start at 0.05%, listed options commissions start as low as $1.25 per lot, and mutual funds commissions are $0 for custody and platform fees.

Below is a comparison table about spreads and commissions charged by different brokers:

Broker EUR/USD Spread Commission per lot
Saxo 0.4 pips $3
Interactive Brokers 0.1 pips $2
TD Ameritrade 0.7 pips free
E*TRADE 1.0 pips free
IG 0.75 pips free
Plus500 0.8 pips free

Please note that commission rates may vary depending on the specific account type and trading volume. Additionally, some brokers may offer different spreads and commissions for other currency pairs or financial instruments. It's important to do your own research and carefully consider the costs and fees of each broker before making a decision.

Trading Platforms

Saxo offers its own proprietary trading platform called SaxoTraderGO. It is a web-based platform that can be accessed from any device with an internet connection. In addition to SaxoTraderGO, Saxo also offers SaxoTraderPRO, a desktop-based trading platform that is designed for advanced traders who require additional functionality.

SaxoTraderGO is highly customizable, allowing traders to arrange the interface to suit their preferences. It provides access to a wide range of trading tools and features, including charting tools, technical analysis indicators, and news feeds. The platform also includes a comprehensive range of order types, including market, limit, stop, and trailing stop orders.

SaxoTraderGO

SaxoTraderPRO is a professional-grade trading platform that offers advanced trading tools and features. It is designed for active traders and includes a range of tools that allow traders to monitor multiple markets and instruments simultaneously. The platform also includes advanced charting tools and a range of order types, including conditional orders and algorithmic trading capabilities.

SaxoTraderPRO

Saxo also offers SaxoInvestor, which is a user-friendly trading platform suitable for beginner investors who are interested in a wide range of asset classes. It provides a simple and intuitive interface with basic research tools and features, making it easy for investors to buy and sell stocks, ETFs, bonds, and mutual funds. However, advanced traders may find the platform's lack of advanced tools and customization options limiting.

SaxoInvestor

Overall, Saxo's trading platforms are well-designed, user-friendly, and offer a range of advanced features suitable for both beginner and experienced traders. See the trading platform comparison table below:

Broker Trading Platform
Saxo SaxoTraderGO, SaxoTraderPRO, SaxoInvestor
Interactive Brokers Trader Workstation, WebTrader, IBKR Mobile
TD Ameritrade Thinkorswim, Web Platform, TD Ameritrade Mobile App
E*TRADE Power E*TRADE, E*TRADE Web, E*TRADE Mobile
IG IG Trading Platform, IG Web Platform, IG Trading App
Plus500 Plus500 WebTrader, Plus500 Mobile App

Deposits & Withdrawals

Saxo Bank supports several deposit and withdrawal methods, including Visa, MasterCard, Visa Debit, Visa Electron, MasterCard Debit, Maestro (for UK residents), Visa Dankort (for Denmark residents), Carte Bleue (for France residents). The company does not charge any fees for deposits and withdrawals, but if an investor makes a withdrawal request via manual withdrawal, a processing fee of 40 EUR will be charged.

Minimum deposit requirement

Saxo has different minimum deposit requirements depending on the type of account you open and your country of residence. For example, the minimum deposit for the Classic account is HKD10,000.

However, these amounts can vary depending on your location and the specific account type. It's important to check with Saxo directly or on their website for the most up-to-date information on minimum deposit requirements.

Saxo minimum deposit vs other brokers

Saxo Most other
Minimum Deposit HKD10,000 $100

Saxo Money Withdrawal

To withdraw funds from your Saxo account, you need to follow these steps:

Step 1: Log in to your Saxo account using your credentials.

Step 2: Click on the “Account” tab located on the top right corner of the screen.

Step 3: Click on “Withdraw Funds” from the account menu options.

Step 4: Select the account you wish to withdraw funds from, enter the amount you want to withdraw, and select the currency you want to withdraw in.

Step 5: Choose the preferred withdrawal method from the available options and provide the necessary details such as bank account information or credit/debit card information.

Step 6: Review the details of your withdrawal request and click on “Submit.”

Note that Saxo may require additional verification or documentation before processing your withdrawal request. The processing time for withdrawals may vary depending on the chosen method and your bank's processing time.

Fees

Swap costs, sometimes called overnight fees, are assessed on overnight open positions at Saxo Bank. These are expressed as interest and, depending on the trader's position, might be either charged to or credited to his or her account.

Traders of the Muslim faith, for whom the payment of interest is forbidden, are out of luck with Saxo Bank because they don't have the option of opening an Islamic account. With the wide variety of deposit currencies offered by Saxo Bank, customers will have a decreased chance of incurring conversion fees.

Amounts credited to your account are converted from their original currency at the mid-point FX Spot rate plus/minus the margins and spreads indicated below. This includes both trading fees and profits/losses incurred as a result of your trading activities.

Fees for account inactivity are also a reality for inactive accounts. After the initial six months, the rate increased to $150, which is quite a bit.

See the fee comparison table below:

Broker Deposit Fee Withdrawal Fee Inactivity Fee
Saxo Free Free $150 after six months of inactivity
Interactive Brokers Free $0-$10 $20/month if account balance < $2,000
TD Ameritrade Free Free Free
E*TRADE Free $0-$25 Free
IG Free Free $18/month after 24 months of inactivity
Plus500 Free Free $10/month after 3 months of inactivity

Customer Service

Saxo provides customer support through several channels, including phone, email, and social media (Facebook, LinkedIn, Twitter and YouTube). The broker offers 24/5 customer service in multiple languages, including English, Chinese, French, German, Italian, Japanese, Portuguese, and Spanish.

social networks

Saxo also provides a comprehensive help center on its website that includes an extensive knowledge base, FAQs, trading guides, and video tutorials. The broker's customer service is generally considered to be of high quality, with knowledgeable representatives who are responsive and helpful.

FAQs
Pros Cons
• 24/5 customer service through multiple channels • No 24/7 support service
• Dedicated support for VIP clients • Phone support may have long wait times
• Extensive FAQ section on the website • No dedicated account manager for non-VIP clients
• Personalized support for complex trading needs • No local offices in some countries
• Multilingual support available for non-English users

Note: These pros and cons are subjective and may vary depending on the individual's experience with Saxo's customer service.

Education

Saxo Bank provides excellent market research in addition to a wealth of instructional resources like video courses, webinars, and events. Saxo Bank's SaxoStrats Experts group consists of eight analysts and strategists who are tasked with providing coverage of the various asset classes available to customers. It's apparent that this broker places a high value on its research team and recognizes the significance of this service, both for its clients and as a global investment bank. The classes are a wonderful way for newcomers to get their feet wet and become acquainted with the resources that are at their disposal. Videos are easy to follow and understand, helping novice traders quickly get up to speed and lay a solid groundwork from which to expand their knowledge. Saxo Bank specialists will be hosting webinars.

Conclusion

In conclusion, Saxo is a well-established broker. The broker offers a wide range of trading instruments, including forex, stocks, options, futures, and CFDs, and provides access to various markets worldwide. Saxo also offers an advanced trading platform and a user-friendly mobile app, making it easy for traders to access the markets on the go.

While Saxo has some of the highest fees in the industry, the broker's competitive spreads and tight execution make it a popular choice for traders. Additionally, Saxo's robust educational resources and customer support make it an ideal choice for traders of all skill levels who want to improve their knowledge and skills in trading.

Overall, Saxo is a multi-asset broker that offers a comprehensive suite of trading tools and services to help traders achieve their investment goals. However, potential clients should carefully consider the fees and minimum deposit requirements before opening an account. Also, dont forget check their user reviews on the Internet.

Frequently Asked Questions (FAQs)

Q 1: Is Saxo regulated?
A 1: Yes. It is regulated by ASIC, FCA, FSA, SFC, BDF, CONSOB, FINMA, MAS.
Q 2: Does Saxo offer demo accounts?
A 2: Yes.
Q 3: Does Saxo offer the industry-standard MT4 & MT5?
A 3: No. Instead, it offers SaxoInvestor, SaxoTraderGO, and SaxoTraderPRO.
Q 4: What is the minimum deposit for Saxo?
A 4: The minimum initial deposit to open an account isHKD10,000.
Q 5: Is Saxo a good broker for beginners?
A 5: Yes. It is a good choice for beginners because it is regulated well and offers various trading instruments with competitive trading conditions. Also, it offers demo accounts that allow traders to practice trading without risking any real money.
ausforex
AUS GLOBAL Review Summary in 10 Points
Founded 2003
Registered Country United Kingdom
Regulation ASIC, CYSEC
Market Instruments US & EU Stocks, Forex, Precious Metals, Futures, Stock Indices, and Cryptocurrency
Demo Account Available (30 days)
Leverage 1:500
EUR/USD Spread 0.9 pips
Trading Platforms MT4, MT5, cTrader
Minimum deposit $50
Customer Support 24/7 live chat, phone, email

What is AUS GLOBAL?

AUS GLOBAL is the internet brokerage brand of AUS Group, with offices in Cyprus, London, Dubai, Turkey, Seychelles, Mauritius, Thailand, Malaysia, Vanuatu, Melbourne, Vancouver and Wellington. It is a forex and CFD broker regulated by the Cyprus Securities and Exchange Commission (CySEC),offering online trading services to retail and institutional clients worldwide. The broker provides a range of trading instruments, including forex, stocks, indices, commodities, and cryptocurrencies, as well as various trading platforms such as MT4, MT5, and cTrader.

The broker also offers multiple account types with competitive trading conditions, such as low spreads, high leverage, and fast execution speeds. Additionally, AUS GLOBAL provides various trading tools, educational resources, and customer support services to help clients improve their trading experience.

What Type of Broker is AUS GLOBAL?

AUS Global is a No Dealing Desk platform (NDD) that transmits client orders to electronic trading centers on central clearing markets, where automated matching systems instantly reconcile trades to ensure that each client order is executed fairly.

AUS GLOBAL's home page

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.

Pros & Cons

AUS GLOBAL appears to be a reputable broker with a strong regulatory framework, offering a wide range of trading instruments and account types. The broker's customer service seems to be responsive and available through multiple channels, including social media platforms.

However, some users have reported issues with scams and severe slippage, and it may be a drawback for infrequent traders. Overall, prospective clients should carefully consider the pros and cons before choosing to trade with AUS GLOBAL.

Pros Cons
• Regulated by CYSEC • Some reports of scams and slippage
• Offers professional insurance and client fund segregation • No info on commissions
• Supports MT4, MT5, cTrader • Deposit fees for some payment methods
• Wide range of trading instruments
• Multiple account types with low minimum deposits
• Leverage up to 1:500
• Multiple trading platforms and tools
• Various payment methods with no withdrawal fees
• Responsive customer service available 24/7

AUS GLOBAL Alternative Brokers

    There are many alternative brokers to AUS GLOBAL depending on the specific needs and preferences of the trader. Some popular options include:

    • Tickmill - With competitive spreads, a range of trading platforms, and a variety of account types, Tickmill is a good option for both novice and experienced traders.

    • XTB - With a user-friendly trading platform, a wide range of trading instruments, and strong regulation, XTB is a reliable broker for traders of all levels.

    • FxPrimus - With strong regulation, a range of account types, and competitive trading conditions, FxPrimus is a good choice for traders seeking a trustworthy and experienced broker.

Ultimately, the best broker for an individual trader will depend on their specific trading style, preferences, and needs.

Is AUS GLOBAL Safe or Scam?

AUS GLOBAL operates under two reputable authorites, including the Cyprus Securities and Exchange Commission (CYSEC) in Cyprus and Australia Securities & Investment Commission (ASIC) in Australia.

regulation
regulation

Besides, the segregation of client funds and partnerships with leading banks also provide additional protection for clients' funds. The implementation of SSL encryption is another positive aspect that ensures secure data transmission.

s AUS GLOBAL Safe or Scam?

Market Instruments

AUS GLOBAL offers a wide range of trading instruments, including over 10,000 products, such as US and EU stocks, forex, precious metals, futures, stock indices, and cryptocurrency. This variety allows traders to diversify their portfolios and take advantage of multiple markets with a single account.

protection measures

Account Types

AUS GLOBAL provides a range of live account types to suit different trading needs and experience levels, STP, ECN, CLASSIC and VIP, with a relatively low minimum deposit requirement of $50 for the STP and ECN accounts. The Classic and VIP accounts are designed for more experienced and active traders, with higher minimum deposit requirements of $2,000 and $10,000 respectively.

The free demo accounts offered by AUS GLOBAL are a great way for traders to practice and test their trading strategies without risking real money. It is worth noting that these demo accounts are valid for 30 days from the date of registration, and the validity period will be renewed as long as the client logs into the demo account within 30 days.

Account Types

Leverage

The leverage offered by AUS GLOBAL ranges from 1:1 to 1:500, depending on the trading product and account type. Different instruments have different margin requirements and leverage limits, so it's important to check the specific requirements for each trade before opening a position.

Leverage

Spreads & Commissions

AUS GLOBAL offers competitive spreads, especially for its ECN account type with a 0.2 pip spread on the EUR/USD pair. However, it is unclear whether the broker charges any commission on top of the spread for these account types. The STP and Classic account types have higher spreads of 1.5 and 1.9 pips, respectively, which may not be as attractive to traders seeking lower trading costs.

Overall, AUS GLOBAL's spread offerings seem to be in line with industry standards, but it would be beneficial to have more information about commissions before making a definitive judgment.

Spreads

Below is a comparison table about spreads and commissions charged by different brokers:

Broker EUR/USD Spread (in pips) Commissions
AUS GLOBAL 0.2 (ECN), 1.5 (STP), 1.9 (Classic) N/A
Tickmill 0.0 - 0.3 $2 per lot
XTB 0.1 - 0.5 N/A
FxPrimus 0.1 - 1.5 N/A

Note: Spreads can vary depending on market conditions and volatility.

Trading Platforms

AUS GLOBAL supports three of the most popular trading platforms in the industry, which are MT4, MT5, and cTrader, providing traders with multiple options to choose from. The platforms are available on desktop and mobile devices, enabling traders to access their accounts and trade on the go. The trading platforms offer advanced charting tools, technical analysis indicators, and a variety of order types, allowing traders to customize their trading strategies.

Trading Platforms

See the trading platform comparison table below:

Broker Trading Platforms
AUS GLOBAL MT4, MT5, cTrader
Tickmill MT4, MT5, WebTrader
XTB xStation, MT4, AgenaTrader
FxPrimus MT4, WebTrader

Note: Some brokers may offer additional trading platforms, but the ones listed above are the primary ones.

Trading Tools

AUS GLOBAL provides its clients with several trading tools to enhance their trading experience.

Firstly, the broker offers social trading, which allows clients to follow and copy the trades of experienced traders in real-time. This feature can be especially useful for beginner traders who are still learning how to trade.

Secondly, AUS GLOBAL provides an economic calendar, which lists upcoming economic events and announcements that could affect the markets. This tool enables traders to stay informed and make informed trading decisions.

Finally, AUS GLOBAL also offers PAMM/MAM (Percentage Allocation Management Module) accounts, which allow experienced traders to manage the funds of multiple clients simultaneously. This feature is particularly useful for traders who want to manage larger funds or for investors who want to allocate their funds to experienced traders.

Copy Trading

GMI's all-in-one auto-copying solution enables traders to follow and replicate trades from successful traders in the community, providing exposure to proven strategies and portfolio diversification through social trading.

Copy Trading

Deposits & Withdrawals

AUS GLOBAL offers various payment options, including local bank transfers, e-wallets, credit cards (Visa/MasterCard), and international wire transfers.

Deposits
Withdrawals

Supported currencies:

EUR, USD, GBP, CNY, AUD, JPY, NZD, AED, HKD, MYR, THB, VND, PHP, IDR, TRY, USDT and other currencies.

The minimum deposit amount varies depending on the payment method, while the minimum withdrawal amount is $40.

AUS GLOBAL minimum deposit vs other brokers

AUS GLOBAL Most other
Minimum Deposit $50 $100

Deposits via MyPay are subject to around a 4% fee, while other deposit methods are free of charge. There are no withdrawal fees. International wire transfer deposits may take up to 5 working days to process, while other deposits are processed instantly. Most withdrawals can be processed in approximately 1 working day.

See the deposit & withdrawal fee comparison table below:

Broker Deposit Fee Withdrawal Fee
AUS GLOBAL Free (except MyPay) Free
Tickmill Free Free
XTB Free Free (over $100)
FxPrimus Free Free

Note: The fees listed above are subject to change, and may vary depending on the specific account type and payment method used. It is always recommended to check the broker's official website for the most up-to-date fee information.

Customer Service

It is noteworthy that AUS GLOBAL offers multiple channels of customer support, including 24/7 live chat, phone, email, or online messaging. Additionally, the broker provides a Help Center to assist clients with common questions and issues. For those who prefer social media, AUS GLOBAL can also be followed on Twitter, Facebook, and Instagram.

Customer Service
Customer Service

Overall, AUS GLOBAL's customer service is considered reliable and responsive, with various options available for traders to seek assistance.

Pros Cons
• 24/7 live chat • No physical office location available for in-person support
• Multi-channel support
• Help Center available for self-service support
• Active on social media
• Customer service representatives are knowledgeable and responsive
• Fast response times for most inquiries

Note: These pros and cons are subjective and may vary depending on the individual's experience with AUS GLOBAL's customer service.

User Exposure on WikiFX

On our website, you can see that some users have reported scams and severe slippage. Please be aware and exercise caution when investing. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you.

User Exposure on WikiFX

Conclusion

In conclusion, AUS GLOBAL offers a wide range of trading instruments and account types with competitive spreads and leverage of up to 1:500. The broker also supports popular trading platforms such as MT4, MT5, and cTrader, and provides various trading tools. AUS GLOBAL also offers multiple deposit and withdrawal methods with no withdrawal fees.

However, the broker has been reported to have scamming practices and severe slippage by some users. Overall, AUS GLOBAL can be considered as a decent option for traders, but it is important to be aware of the potential risks and to exercise caution when using their services.

Frequently Asked Questions (FAQs)

Q 1: Is AUS GLOBAL regulated?
A 1: Yes. It is regulated by CYSEC in Cyprus and ASIC in Australia.
Q 2: Does AUS GLOBAL offer demo accounts?
A 2: Yes. It is valid for 30 days from the date of registration of the demo account. The 30-day validity period will be renewed as long as the client logs into the demo account within 30 days.
Q 3: Does AUS GLOBAL offer the industry-standard MT4 & MT5?
A 3: Yes. It supports MT4, MT5 and cTrader.
Q 4: What is the minimum deposit for AUS GLOBAL?
A 4: The minimum initial deposit to open an account is $50.
Q 5: Is AUS GLOBAL a good broker for beginners?
A 5: No. It is not a good choice for beginners. Though it is regulated well and offers demo MT4 and MT5 accounts, there are too many negative reviews from their clients.

Are the transaction costs and expenses of saxo, ausforex lower?

To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).

To get a comprehensive understanding of how cheap or expensive saxo and ausforex are, we first considered common fees for standard accounts. On saxo, the average spread for the EUR/USD currency pair is -- pips, while on ausforex the spread is --.

Which broker between saxo, ausforex is safer?

To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.

saxo is regulated by ASIC,FCA,FSA,SFC,AMF,CONSOB,FINMA,MAS,AMF,DFSA,ASIC. ausforex is regulated by CYSEC,ASIC.

Which broker between saxo, ausforex provides better trading platform?

When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.

saxo provides trading platform including VIP account,Classic account,Platinum account and trading variety including --. ausforex provides trading platform including -- and trading variety including --.

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