| 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: | [email protected] |
| 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.
Excellent service
Excellent services and good people. They have been honest and straightforward. And I like a broker that deals that way.
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Impressive profit
Their exemplary services delivered by this broker made me stay with them. No regrets, they also gives me impressive profits.
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Good broker
This is a good broker. I have been dealing with this for a while and all services are okay. Withdrawals is fast and easy. I am also confident with signals, they offer profitable deals.
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Good broker performance
This broker performs well. They have good trading services and I am fully satisfied with my profit.
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Broker with good profit
I am overall happy with this broker services. Only this broker gives me good profit and lets me pay nothing extra.Services are readily available when you need them.Withdrawals here is also smooth and quick.
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Efficient trading services
Swift withdrawals and worthwhile trading results. I have no complaints, they are efficient trading brokers.
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Helpful customer service
Helpful customer service and fast withdrawals. I am confident to recommend this broker.
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Effective services
Effective trading services,good customer services and fast withdrawals. I highly recommend thius broker.
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Good broker company
One of the best customer service, they are willing to help me anytime. They are resourceful and they works efficiently, too.
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Good broker
I gain good profit and I am satisfied with all of their services. Proven and tested, a good forex broker
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