AUCapital review: Trading instruments, Trading Platforms, Broker features, and User ratings.
What is AUCapital (AUCapital-Mgmt.com)?
AUCapital (also known as Capital Mgmt) is a CFD broker, offering leveraged CFD trading on forex, indices, ETFs, crypto, commodities and stocks/shares.
AUCapital-Mgmt.com offers a self-managed pension fund (SMSF) investment service, encouraging users to invest their retirement funds in Bitcoin. However, it does not provide verifiable details regarding regulatory authorization, compliance requirements, and how such services are structured or administered.
AUCapital-Mgmt.com also promotes arbitrage trading as a strategy for crypto markets, describing it as profiting from price differences between different markets. However, it does not clearly explain the complexities, technical requirements, or risks typically involved in arbitrage trading under real market conditions.
AUCapital-Mgmt.com states on its website that it holds an Australian registration No. ACN 143 700 887. However, the FPA research indicates that the ACN 143 700 887 belongs to Aura Capital Pty Ltd (www.aura.co/). See screenshots below.
Considering the above issues, the FPA strongly recommends against placing any money with AUCapital-Mgmt.com.
If you have traded live with AUCapital broker, or have used its arbitrage trading or SMSF-related services, please share your experience with other traders by leaving an honest review below.
Warning:
AUCapital-Mgmt.com states on its website that it holds an Australian registration No. ACN 143 700 887. However the FPA conducted an ASIC Registers search and the result points that the registration No. ACN 143 700 887 belongs to a different company Aura Capital Pty Ltd (www.aura.co). Please see the sreenshots above in the description section or click the link here to verify.
This indicates AUCapital-Mgmt.com may be a clone of Aura Capital Pty Ltd (Aura.co). Therefore the FPA recommends against placing any money with AUCapital-Mgmt.com.