Augs Markets review: Regulations, Platforms, Trading Instruments and Broker Ratings.
1 REVIEWS
Out of business
Updated: Jan 25, 2023
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What is Augs Markets?
Augs Markets is a forex broker with Metatrader 4 (MT4) as their trading platform in PC and Mobile version.
AugsMarkets.com offers over 30 forex currency pairs, commodities, gold, silver, oil, stocks and indices for your personal investment and trading options.
Please read AugsMarkets Reviews below and share your live trading experiences with this broker.
Website is down. Company seems to be out of business.
Broker Details
| Minimum Trade Size: | 0.01 |
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| Maximum Leverage: | 500:1 |
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| Minimum to Open Live: | $1 |
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| Established: | 2011 |
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| Address: | Australia |
| Contact: | info@augsmarkets.com, +612 8542 7812 |
| Regional offices: | |
| Regulators: | ASIC #374686, Labuan FSA #MB/21/0060 |
| Prohibited countries: | Unknown |
| Trading platforms: | MT4 |
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| Mobile Trading: | ✅ Yes |
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| Currencies: | (30+) |
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| Cryptocurrencies: | |
| CFD: | (10+) Gold, Silver, Stocks, Stock Indexes, Oil, Other Commodities |
Trading Conditions |
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| EAs/Robots: | ✅ Yes |
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| Deposit Methods: | Bank Wire (BankTransfer/SWIFT), VISA, MasterCard |
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| Withdrawal Methods: | Bank Wire (BankTransfer/SWIFT), VISA, MasterCard |
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1 REVIEWS
Traders Reviews
M
Deposit and Withdrawal are very smooth
Service use: Live
Length of use: 3-6 Months
Nowadays, it usually takes a lot of the efforts for Chinese clients to find a good overseas broker who can provide good service on deposit and withdrawal. Because we are restricted by the local regulation about the conversion from CNY to any other foreign currency.
1. Very low cost on the deposit conversion.
Many brokers in the market charge a lot if the clients would like to use CNY to make the deposit. While AUGS Markets provide almost zero additional cost on the CNY deposit.
2. Withdrawal requests are handled within a very short period.
Normally it would take several days for Chinese clients to withdraw the money in CNY. But at AUGS Markets, the experiences so far I have are wonderful. Just several hours. I can get my money back in CNY.
Overall, I think AUGS Markets is a good choice for Chinese clients, given the situation here (caused by the local regulation) is not so friendly for individual traders who want to do the FX trading.
1. Very low cost on the deposit conversion.
Many brokers in the market charge a lot if the clients would like to use CNY to make the deposit. While AUGS Markets provide almost zero additional cost on the CNY deposit.
2. Withdrawal requests are handled within a very short period.
Normally it would take several days for Chinese clients to withdraw the money in CNY. But at AUGS Markets, the experiences so far I have are wonderful. Just several hours. I can get my money back in CNY.
Overall, I think AUGS Markets is a good choice for Chinese clients, given the situation here (caused by the local regulation) is not so friendly for individual traders who want to do the FX trading.