Is AurumMarkets regulated?
AurumMarkets is registered offshore in Saint Lucia and Mauritius but does not hold regulation from Tier 1 authorities like the FCA or ASIC. This means less investor protection compared to brokers under stricter regimes.
What are the minimum deposit options with AurumMarkets.com?
Minimum deposits start as low as $10 for entry-level accounts, while higher-tier accounts require deposits of $50 or $500 depending on your chosen type.
Are there any fees for deposits or withdrawals at Aurum Markets?
There are no deposit or withdrawal fees charged by AurumMarkets itself; however, third-party payment providers may impose separate charges outside the broker’s control.
Can I trade cryptocurrencies at this broker?
Yes—AurumMarkets supports Bitcoin plus fifteen additional cryptocurrencies alongside its range of forex pairs and commodities.
Does AurumMarkets offer social/copy trading tools?
Copy trading functionality is integrated directly within MT4/MT5—users can subscribe to expert traders’ signals easily inside their platform dashboard.
Is scalping allowed according to the latest AurumMarkets Review?
No—scalping is expressly prohibited across all live account types as per the current policy documentation from the broker’s official site.
Which payment methods are supported for funding my account?
You can fund via bank wires or transfers, Visa/MasterCard payments, Skrill/Neteller e-wallets, and even cryptocurrency (Bitcoin).
What leverage does AurumMarkets offer?
Leverage up to 1:500 is available—but traders should apply strict risk management, as highly leveraged products carry significant downside risk.
How responsive is customer support at AurumMarkets.com?
Customer service offers multilingual assistance via email five days a week around the clock. Personal Account Managers are also assignable upon request, though some user reviews note delays during busy periods, especially regarding fund withdrawals and processing times.
Does negative balance protection exist using this brokerage service?
Yes—negative balance protection policies apply so clients won’t lose more than their actual deposited funds due to unexpected volatility swings while actively trading, as stated in the standard terms.