Score
AEFOREX
Australia|5-10 years| https://www.aeforex.com/
Website
Rating Index
MT4/5 Identification
MT4/5 Identification
Full License
Hong KongContact
Single Core
1G
40G
1M*ADSL
- This broker exceeds the business scope regulated by Australia ASIC(license number: 246250)Investment Advisory Licence Non-Forex License. Please be aware of the risk!
Basic information
Australia
5-10 years Regulated in Australia Appointed Representative(AR) Investment Advisory License MT4 Full License Regional Brokers Suspicious Overrun Medium potential risk
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
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Website
aeforex-live.com
Server Location
Hong Kong
Website Domain Name
aeforex-live.com
Server IP
43.249.29.130
-
aeforex-zh.com
Server Location
Hong Kong
Website Domain Name
aeforex-zh.com
Server IP
47.75.82.208
-
aeforex.com
Server Location
Hong Kong
Website Domain Name
aeforex.com
Website
WHOIS.GODADDY.COM
Company
GODADDY.COM, LLC
Domain Effective Date
2013-11-26
Server IP
47.75.82.208
Company Summary
| AEFOREXReview Summary | |
| Founded | 2013 |
| Registered Country/Region | Australia |
| Regulation | ASIC |
| Market Instruments | 200+, Forex, Indices, Shares, Commodities |
| Demo Account | / |
| Leverage | / |
| Spread | / |
| Trading Platform | MT4 |
| Min Deposit | / |
| Customer Support | Tel: +61 03 9018 6792 |
| Email: info@aeforex.com | |
| Company Address: Unit 701 167 Queen Street Melbourne VIC 3000 | |
| Regional Restrictions | United States, Canada, Israel, and the Islamic Republic of Iran |
AEFOREX, also known as AURORA EXPLORE PTY LTD, is an Australian finance firm registered in 2013. With two ASIC licenses, they are governed by the Australia Securities & Investment Commission. AEFOREX provides trading services in more than 200 assets, including shares, commodities, precious metals, and foreign exchange. They offer several deposit and withdrawal options and use the MetaTrader 4 platform for effective trade execution.
Pros and Cons
| Pros | Cons |
| Regulated by ASIC | Lack of transparency |
| Multiple market offerings | Regional restrictions |
| Commission-free | Unclear trading conditions |
| MT4 available | |
| Popular payment options | |
| No fees for deposits and withdrawals |
Is AEFOREX Legit?
Yes, AEFOREX operates under the Australia Securities & Investment Commission (ASIC), holding an Appointed Representative License (AR) (No.001308927).
| Regulated Country | Regulated Authority | Current Status | Regulated Entity | License Type | License Number |
 | Australia Securities & Investment Commission (ASIC) | Regulated | AURORA EXPLORE PTY LTD | Appointed Representative(AR) | 001308972 |
What Can I Trade on AEFOREX?
To AEFOREX's account, more than 200 market instruments are tradable on this platform, which includes Forex, Indices, Shares, and Commodities.
| Trading Asset | Available |
| forex | ✔ |
| indices | ✔ |
| shares | ✔ |
| commodities | ✔ |
| cryptocurrencies | ❌ |
| bonds | ❌ |
| options | ❌ |
| ETFs | ❌ |
Trading Platform
AEFOREX offers the industry-leading MT4, which is available on PC (Windows and MAC/OS X), Smartphone (Android and iPhone/iOS), and Tablet (Android and iPad/iOS).
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Desktop, iOS, Android | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
AEFOREX asserts that it offers a wide variety of deposit methods, such as credit and debit cards, e-wallets, bank wire transfers, and local payment solutions.
On top of that, AEFOREX accepts deposit and withdrawal methods including Visa, MasterCard, Maestro, Skrill, and ChinaPay.
Additionally, AEFOREX does not charge fees for client deposits or withdrawals. However, banks may charge wire transfer fees. It is important to ask your bank what their fees will be when you initiate a wire transfer.
Keywords
- 5-10 years
- Regulated in Australia
- Appointed Representative(AR)
- Investment Advisory License
- MT4 Full License
- Regional Brokers
- Suspicious Overrun
- Medium potential risk
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小笨熊
Hong Kong
In conclusion, this company has built a trading platform through a third-party service provider to control the data. The financial license is authentic, but it is limited to engaging in investment consulting business. In the legal sense, it is not allowed to conduct financial tradings. Its website domain name server has not been filed in China and the access limit is only 129 milliseconds without any security measure. Though the English website is the world's top-level domain www and the Chinese website is the second-level domain name, the server of the trading platform and the domain name are provided by a service provider. Without any qualification or license, it is conducting business in China illegally. In addition, this AE trading platform has not announced whether they have the services of a bank depository system. And its license has not been officially determined, many doubts existing.
Exposure
2020-01-09
Sato Kentaro
Japan
Account opening with AEFOREX seems straightforward based on the website. Confirmation on processing timelines would be reassuring.
Neutral
06-28
Nguyễn Văn
Vietnam
The stop-loss and limit order options are solid, but the API for automated strategies can be unstable. Risk management tools are effective, yet withdrawing funds can be slow. So, mixed experience, with some highs and lows.
Neutral
06-26
I Gede Komang
Indonesia
First broker I ever used for forex, and gotta say, their MT4 web interface is amazing. Super smooth and clean.. Plus, deposits and withdrawals are a piece of cake – no waiting around forever.
Positive
05-11