General Information & Regulation
Aussie Options is a binary option, forex, and commodities broker that provides trading services and a state-of-the-art trading platform for retail and institutional clients. Aussie Options create an optimal trading environment for investors by allowing scalping and the use of expert trading. Aussie Options' official website does not show any valid regulatory information.
Market Instruments
Aussie Options offers investors binary options, popular currency pairs on the Forex market, commodities.
Minimum Deposit
The minimum deposit part is not fully disclosed on the Aussie Options website.
Aussie Options Leverage
Aussie Options offers dynamic trading leverage, varying from 1:1 to 1:1000. As leverage can amplify both profits as well as losses, choosing the right amount is a key risk determination for traders.
Spreads & Commissions
Aussie Options has two different pricing options for investors to trade, namely standard pricing and ECN pricing. The standard pricing only charges standard spreads and no commissions, while the ECN pricing charges investors a commission per trade, e.g., $0.0299/1000 traded for EURUSD and GBPUSD, and $0.0499/1000 traded for all other products. Aussie Options charges a $30 administration fee for accounts that are not active for 90 consecutive days.
Trading Platform
Aussie Options offers traders the most popular MT4 trading platform on the market today, as well as MT4 for Windows and Mac. MT4 has a range of customization options to provide traders with the trading environment they desire. Many professionally created configurations, trading tools, and automated strategies are available to help traders get ahead in the financial markets.
Deposit & Withdrawal
Aussie Options supports traders to deposit and withdraw funds to and from their investment accounts via VISA, MasterCard, wire transfer. Aussie Options cover the first withdrawal, and each subsequent withdrawal will incur a $40 fee. The minimum withdrawal amount for wire transfers is $100, or else, an additional $25 fee will be charged.
Aussie Options Pros & Cons
Aussie Options Pros Include:
1. MT4 Trading Platform
2. 24/7 Customer Service
Aussie Options Cons Include:
1. Not Subject to Any Regulation
2. Less Variety of Assets Traded
3. Higher Inactivity Fees & Commission Charges
4. Fewer Deposit & Withdrawal Options
2023-03-15 17:56
