BitAurox Review

BitAurox Avis

General Information
Broker Name:	BitAurox
Broker Type:	Forex & CFDs
Country:	UK
Operating since year:	N/A
Regulation:	N/A
Address:	10 Paternoster Square London EC4M 7LS
Broker status:	Active
Customer Service
Phone:	+44 (20)37699194
Email:	support@bitaurox.net
Languages:	English
Availability:	24/5
Trading
The Trading platforms:	MetaTrader 4, MetaTrader 5 and Webtrader
Trading platform Time zone:	N/A
Demo account:	No
Mobile trading:	No
Web-based trading:	Yes
Bonuses:	No
Other trading instruments:	Yes
Account
Minimum deposit:	$250
Maximal leverage:	1:1000
Spread:	Floating From 1 Pip
Scalping allowed:	Yes

Broker Review: BitAurox

General Information & First Impressions

BitAurox is a new European brokerage aiming to provide an excellent trading experience to clients. It boasts over 600 assets, making it quite diverse and open to different kinds of traders. However, that’s not where its advantages end, as it has a ton of unique and helpful features. In our BitAurox review, we’ll look into the company and see whether it benefits you as a trader.

When you visit the broker’s website for the first time, you might get taken aback by the fact that it’s in German. Unless you speak the language, that may implore you to turn around and leave. However, that won’t be necessary as there’s a simple workaround.

Namely, while the broker does focus on German speakers as its primary audience, it has numerous translations in place. The English one is highly functional, but so are the others. So if you’re not too convinced in your English skills but still want to trade online, bitaurox.com has got you covered.

Additionally, the website shows the broker’s comfortability with technology and devotion to a pleasant user experience. The browsing is simple, with the broker cutting out meaningless features and only leaving in what’s actually important. That means you can quickly and easily explore the broker to make your decision.

It also runs quite well, both on mobile and on computers. There are no frustrating delays or non-functional parts on the website. And as we already said in our bitaurox.com review, the various translations contribute to the company’s openness.

Altogether, the broker shows a ton of promise. There are already some unique and welcome features present, and we haven’t gotten near the key bits. As such, we’re eager to present the rest of the broker’s features and conditions.

Fund and Account Security

When switching brokers, many people’s first concern is and should be security. The financial world has a pennant for attracting scammers. The large amount of money involved and the people that are likely to fall for get-rich-quick schemes make it the perfect target. In turn, the financial world becomes less safe for everyone, especially those that are just entering it.

Scammers have had years of experience in honing their fraudulent behavior and masking it. As such, if you’re new to inspecting brokers, they can easily pass off as normal while being completely phony. If you’re an entirely new trader, the problem is exacerbated even further.

Luckily, if you’ve been looking at brokers for a while, it’s fairly easy to tell whether they’re alright or not. You can use numerous warning signs to form a picture of the broker’s honesty and intentions. For this part of our BitAurox review, we did just that and are ready to report the results.

Luckily, we believe BitAurox to be an entirely secure brokerage experience. Our biggest assurance is the fact that it’s a broker that operates from the UK with Germany as its intended audience.

While that may not sound meaningful, it actually presents the fact that bitaurox.com works under numerous strict regulators. The broker shows no ill will, but even if it did, any malicious behavior would get shut off quickly.

UK and Germany alone have some of the world’s leading financial regulators alone. Furthermore, Germany is an EU country, which also means BitAurox works under EU regulators. With any misbehavior, it would get fined and potentially shut down if it was major enough. That eliminates any chance the broker would run the risk of harming users under such conditions.

Account Info at bitaurox.com

BitAurox’s accounts follow a fairly standard structure as far as online brokers go. They don’t cost anything themselves but require a minimum deposit to get traders going. In this case, the requirement is $250, which is quite affordable, even to people who haven’t traded before.

There are four different accounts, each catering to a trader of a different skill and experience level. Every option displays a particular set of advantages and is a strict upgrade over the previous types. For this part of our BitAurox review, we’d like to go over some standout features.

Undoubtedly, one of the most significant advantages BitAurox has over other brokers is adaptability. Namely, it gives you an account manager from the start, which is by itself a great boon UX-wise. However, after that, many of the features hinge on your agreement with your manager. In other words, you can shape your own experience to a great degree.

There are numerous other similar assistance features that help you modulate the service and become a better trader. However, one standout in the area of trading is the massive 1:1000 leverage. It allows you to spread your capital much better and is over double what most brokers provide. If you’re a day trader or incorporate margin trading strategies, BitAurox is one of the best places to be.

Here’s a rundown of the trading account features at bitaurox.com:

• Bronze

Min. Deposit: $250

Trading Platform: MetaTrader 4, MetaTrader 5 and Webtrader

Spreads: From 1 pip

Fifth decimal place: Yes

Execution: Market execution

Account Currency:USD, EUR, CHF, GBP, NZD, AUD, JPY, HKD, CNY

Leverage:1:100

• Silver

Min. Deposit: $25,000

Trading Platform: MetaTrader 4, MetaTrader 5 and Webtrader

Spreads: From 1 pip

Fifth decimal place: Yes

Execution: Market execution

Account Currency: USD, EUR, CHF, GBP, NZD, AUD, JPY, HKD, CNY

Leverage: 1:200

Phone Trading: Yes

Commission: By arrangement with the personal analyst

Forex pairs fee: No

• Gold

Min. Deposit: $50,000

Trading Platform: MetaTrader 4, MetaTrader 5 and Webtrader

Spreads: From 1 pip

Fifth decimal place: Yes

Execution: Market execution

Account Currency: USD, EUR, CHF, GBP, NZD, AUD, JPY, HKD, CNY

Leverage: 1:400

Phone Trading: Yes

Commission: By arrangement with the personal analyst

Forex pairs fee: No

Personal Account Manager: Yes

Smallest trade size: 0.01 lot

Margin Call / Stop out level: 80% / 50%

• Premium

Min. Deposit: $100,000

Trading Platform: MetaTrader 4, MetaTrader 5 and Webtrader

Spreads: From 1 pip

Fifth decimal place: Yes

Execution: Market execution

Account Currency: USD, EUR, CHF, GBP, NZD, AUD, JPY, HKD, CNY

Leverage: 1:1000

Phone Trading: Yes

Commission: By arrangement with the personal analyst

Forex pairs fee: No

Personal Account Manager: Yes

Smallest trade size: 0.01 lot

Margin Call / Stop out level: 80% / 50%

Trading Instruments: All Available

Maximum total trade size:60 standard lots per position

BitAurox’s Trading Platform

The platforms BitAurox uses need no introductions, as they’re the world’s two leading options. They both come from the MetaTrader series, and we’re naturally talking about MT4 and MT5. Both the programs are sophisticated trading tools that preserve intuitiveness on top of their potency.

Both support numerous visual indicators that help your trading analysis while being easy and comfortable to use. The two platforms have been on the market for a long time and have had ample time to perfect themselves. It’s no surprise they’ve reached the point where they’re most traders’ preferred options.

The broker also has a WebTrader platform it crafted for the convenience of users that move around a lot. That way, they can access their trading platform without the need to download anything. Overall, that gives traders a lot of agency to decide what they want to do and how they do it.

Conclusion

BitAurox shows a consistent degree of quality that beats out most other brokerages. It’s versatile when it comes to the conditions it provides and lets traders customize their service to a great degree. As you can see from our BitAurox review, we’re quite satisfied with the broker. If you’re searching for a new trading company, give it a shot.