Score

1.49 /10
Danger

AUSFOREX

United States

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 14

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index6.84

Risk Management Index0.00

Software Index4.00

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
Time Machine
Website

Licenses

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

Single Core

1G

40G

open now

Broker Information

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Company Name

AUSFOREX

Company Abbreviation

AUSFOREX

Platform registered country and region

United States

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 7
Previous Detection : 2025-04-30
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 14 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

Pyramid scheme complaint
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AUSFOREX · Company summary

Note: AUSFOREX's official website http://www.ausforexss.com/ is currently inaccessible normally.

AUSFOREXReview Summary
Founded/
Registered Country/RegionUSA
RegulationCySEC/SFC/FCA (Suspious clone)
Market InstrumentsForex, CFDs
Demo Account
LeverageUp to 1:400
EUR/USD Spread2 pips (STP); 0.5 pips (ECN)
Trading PlatformMT4, MT5
Min Deposit$1 000
Customer SupportTel: 4402038569565
Email: support@ausforex.biz

AUSFOREX is a broker which specializes in the forex and CFD markets. It offers 2 types of accounts, with a minimum deposit of $1,000 and a maximum leverage of 1:400. However, because it holds 3 suspicious clone licenses and its official website is inaccessible, the potential risks are high.

AUSFOREX

Pros and Cons

Pros Cons
MT4 and MT5 supportedCurrent unavailability of website
Popular payment optionsSuspicious clone licenses
High minimum deposit
No demo accounts

Is AUSFOREX Legit?

No, AUSFOREX only holds 3 suspicious clone licenses. Please be aware of the risks!

Regulatory AuthorityCyprus Securities and Exchange Commission (CySEC)
Regulatory Status Suspicious Clone
Regulated by Cyprus
Licensed Institution AC Markets (Europe) Ltd
Licensed TypeMarket Making (MM)
Licensed Number350/17
Suspicious Clone CySEC license
Regulatory AuthoritySecurities and Futures Commission of Hong Kong (SFC)
Regulatory Status Suspicious Clone
Regulated by China (Hong Kong)
Licensed Institution AUS Financial Group (Hong Kong) Limited
Licensed TypeLeveraged foreign exchange trading
Licensed NumberBLU727
Suspicious Clone SFC license
Regulatory AuthorityFinancial Conduct Authority (FCA)
Regulatory Status Suspicious Clone
Regulated by United Kingdom
Licensed Institution LTTADER LTD
Licensed TypeEuropean Authorized Representative (EEA)
Licensed Number803268
Suspicious Clone FCA Iicense

WikiFX Field Survey

WikiFX field survey team visited AUSFOREX's regulatory address in Hong Kong, and we didn't find its physical office. Please note the potential risks!

WikiFX Field Survey

What Can I Trade on AUSFOREX?

On AUSFOREX, customers can explore the forex and CFD markets.

Tradable Instruments Supported
Forex
CFDs
Bonds
Options
ETFs

Account Type/Fees

AUSFOREX offers 2 types of accounts, including STP and ECN.

Account TypeMin DepositMax LeverageEUR/USD SpreadCommission
STP$1,0001:4002 pips/
ECN0.5 pips$10 per standard lot round-turn

Leverage

For both account types, the leverage can be up to1:400 for both account types. Careful considerations are recommended, because high leverage is likely to bring high potential risks.

Trading Platform

AUSFOREX claims to use MT4 and MT5 as its trading platforms.

Trading PlatformSupported Available Devices Suitable for
MT4PC, web, mobileBeginners
MT5PC, web, mobileExperienced traders

Deposit and Withdrawal

AUSFOREX supports several types of payment methods, including credit/debit cards, (Visa, MasterCard, Maestro), and bank wire. Moreover, the accepted currencies are GBP, EUR, USD, AUD, and SGD. However, other details such as the processing time and fees are not clear.

User Reviews

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User comment

2

Comments

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FX1452609003
6-12months
前几个月一直在用,充了1000美金,期间有赚有赔,九月底赶上一波大行情做多CN300,赚了2000多美金,第二天就给我发邮件说杠杆问题违规,利润全部扣除,典型的霸王条款,只能赔不能赚,黑平台,大家一定要远离!
前几个月一直在用,充了1000美金,期间有赚有赔,九月底赶上一波大行情做多CN300,赚了2000多美金,第二天就给我发邮件说杠杆问题违规,利润全部扣除,典型的霸王条款,只能赔不能赚,黑平台,大家一定要远离!
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2024-10-11 19:59
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FX1562060302
more than one year
AUSFOREX turned out to be a major letdown. They hyped up profits on WeChat, but it's all smoke and mirrors with Photoshopped images. Withdrawals are a headache; they link it to some deposit task gimmick. Promised a quick USDT withdrawal in 15 days, but they demanded a hefty 30,000 margin. Now they're playing hardball, asking for a 20% account payment. I tried to withdraw, got rejected, and they want over 50,000 yuan for "account activation." This feels like a scam – stay far away and keep your hard-earned money safe!
AUSFOREX turned out to be a major letdown. They hyped up profits on WeChat, but it's all smoke and mirrors with Photoshopped images. Withdrawals are a headache; they link it to some deposit task gimmick. Promised a quick USDT withdrawal in 15 days, but they demanded a hefty 30,000 margin. Now they're playing hardball, asking for a 20% account payment. I tried to withdraw, got rejected, and they want over 50,000 yuan for "account activation." This feels like a scam – stay far away and keep your hard-earned money safe!
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2023-12-19 18:40
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14