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Aussie Forex

Australia|5-10 years|
Investment Advisory License|Suspicious Overrun|Medium potential risk|

https://www.aussieforex.com.au/

Website

Rating Index

Influence

Influence

B

Influence index NO.1

Australia 8.03

Surpassed 96.75% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+61 2 9262 5062
info@aussieforex.com.au
https://www.aussieforex.com.au/
SuiTe 202, 60-62 York STreeT, SYDNEY NSW 2000

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Warning: Low score, please stay away! 2
Previous Detection : 2024-10-13
  • This broker exceeds the business scope regulated by Australia ASIC(license number: 431354)Investment Advisory Licence Non-Forex License. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Aussie Forex · WikiFX Survey

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Aussie Forex · Company Summary

Aussie Forex Basic Information
Company Name Aussie Forex
Founded 2005
Headquarters Australia
Regulations Exceeded
Payment Methods Bank transfers
Transfer Platforms Aussie Forex & Finance mobile app
Customer Support Email (info@aussieforex.com.au)Phone (+612-9262-5062 or 1300-85-2334)

Overview of Aussie Forex

Established in 2005 and based in Australia, Aussie Forex operates as a licensed remittance company, extending its services to both individuals and businesses. Specializing in secure, dependable, and swift money transfer solutions, Aussie Forex has emerged as a player in the online money transfer sector within Australia.

Overview of Aussie Forex

Is Aussie Forex Legit?

Aussie Forex exceeds the scope, which is regulated by the Australian Securities and Investments Commission (ASIC) under its Investment Advisory License (Non-Forex License) with license number 431354. Traders should exercise caution and fully comprehend the associated risks before engaging with Aussie Forex. While the company exceeds regulatory requirements in certain aspects, traders must remain aware of the potential implications. As with any investment venture, conducting thorough research and assessing the regulatory status of a broker is essential to ensure a safer and more secure trading experience.

Is Aussie Forex Legit?

Pros and Cons

Aussie Forex offers round-the-clock customer support, providing traders with assistance whenever needed. However, a notable concern is that the company operates beyond regulatory oversight, potentially exposing traders to risks associated with unregulated activities. While Aussie Forex excels in customer service availability, it lacks sufficient educational resources, leaving traders without comprehensive guidance. Additionally, another drawback is the limited payment methods, which are restricted to bank transfers only. This limitation may inconvenience traders who prefer alternative payment methods or seek faster transaction processing.

Pros Cons
  • Provides 24/7 support
  • Operates exceed regulatory oversight, potentially exposing traders to risks
  • Lack of educational resources
  • Payment methods limited to bank transfers

Payment Methods

Aussie Forex facilitates bank transfers, allowing customers to send money from their account to the recipient's bank or a designated cash pick-up point. The processing time for remittances varies, ranging from minutes to a few days, depending on the recipient's bank's processing speed. Upon receiving clear funds in their nominated bank account, Aussie Forex initiates the remittance process. Typically, cash payments are disbursed on the same day, while account transfers may take up to 3 working days to reflect in the beneficiary's account. For non-online accounts, the process may extend to 3 to 7 working days.

Transfer Platform

Aussie Forex offers a user-friendly transfer platform, accessible via their mobile app. Customers can conveniently download the app to initiate transfers and enjoy a fee-free transaction. The platform provides instant updates, ensuring customers are kept informed about the status of their transfers at all times.

Transfer Platform

Customer Support

The remittance portal offers a 24/7 online facility to send money overseas. For general inquiries and customer support, telephone lines are available at +612-9262-5062 or 1300-85-2334. Additionally, customers can send faxes to +612 9262 5051. Inquiries and assistance can also be requested via email at info@aussieforex.com.au. Office hours are from Monday to Friday, 9:00 am – 5:30 pm (AEST), with closures on weekends and public holidays.

Customer Support

Conclusion

In conclusion, Aussie Forex offers round-the-clock customer support but lacks regulatory oversight, posing potential risks. While its customer service is commendable, the limited educational resources and payment options may inconvenience traders. Traders should exercise caution and conduct thorough research before engaging with Aussie Forex to ensure a safer trading experience.

FAQs

Q: Is Aussie Forex regulated?

A: No, Aussie Forex operates beyond the scope regulated by the Australian Securities and Investments Commission (ASIC) under its Investment Advisory License (Non-Forex License) with license number 431354.

Q: What payment methods are available with Aussie Forex?

A: Aussie Forex facilitates bank transfers, enabling customers to send money from their account to the recipient's bank or a designated cash pick-up point.

Q: How can I contact Aussie Forex's customer support?

A: You can reach Aussie Forex's customer support primarily through email at info@aussieforex.com.au. Additionally, you can contact them via telephone at +612-9262-5062 or 1300-85-2334, or send faxes to +612 9262 5051.

Risk Warning

Trading online carries substantial risks, and there's a possibility of losing all your invested capital. It's crucial to recognize that online trading may not be suitable for everyone. You should fully comprehend the associated risks and acknowledge that the details provided in this review might change due to the continuous evolution of the company's services and policies. Additionally, consider that the date of this review's generation could influence its relevance, as information may have evolved since then. Therefore, it's advisable to verify updated information directly with the company before making any decisions or taking any actions. Ultimately, the responsibility for utilizing the information provided in this review lies solely with the reader.

Broker Information

Company Name

Aussie Forex & Finance Pty Ltd

Abbreviation

Aussie Forex

Regulatory Status

Exceeded

Platform registered country and region

Australia

Phone of the company
  • +61 2 9262 5062

Twitter

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Facebook
Instagram

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YouTube

--

Company address
  • SuiTe 202, 60-62 York STreeT, SYDNEY NSW 2000

  • Suite 202, 60 York Street SYDNEY NSW 2000

Linkedin

--

WhatsApp

--

QQ

--

WeChat

--

Customer Service Email Address
  • info@aussieforex.com.au

Company Summary

Review 1

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