AUSFOREX Fees Spreads and Commission varies according to the account type which the trader is using. Ausforex spread list starts from 0.5 pips.
AUSFOREX at a Glance
| Broker's Name | Ausforex |
| 📍 Headquartered | London, United Kingdom |
| 📅 Year Founded | 2003 |
| ⚖️ Regulating Authorities | Financial Conduct Authority (FCA), Hong Kong Securities and Futures Commission (SFC), Cyprus Securities |
| 🌐 Countries not accepted for trade | Japan, Iran, Cuba, Sudan, Syria, Belgium, and North Korea |
| ☪️ Islamic account (swap-free) | Yes |
| 👍 Demo Account | Yes |
| 📊 Institutional Accounts | Yes |
| 📊 Managed Accounts | Yes |
| 📈 Maximum Leverage | 1:500 |
| 💰 Minimum Deposit | $1 000/R14 700 USD |
| 💳 Deposit Options | Wire transfer, credit, or debit cards |
| 💳 Withdrawal Options | Wire transfer, credit, or debit cards |
| 💻 Platform Types | MetaTrader 4 and MetaTrader 5 |
| 📱 OS Compatibility | Mobile, Web |
| 📈 Tradable assets offered | Forex, Index, Crude Oil, Gold and Silver, and CFDs. Forex trading include |
| 👨💼 Languages supported on Website | English and Chinese |
| 👥 Customer Support Languages | English and Chinese |
| 📆 Customer Service Hours | 24 hours per day, seven days per week |
| 👉 Open a account | 👉 Click Here |
Min Deposit
USD 1,000
Regulators
FCA, SFC, CySEC, ASIC
Trading Platform
MT4, MT5
Crypto
Yes
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Choose your quick section of our AUSFOREX Fees Spreads and Commission below.
AUSFOREX Fees and Spreads – 8 key points quick overview:
- AUSFOREX at a Glance
- AUSFOREX Fees and Spreads – 8 key points quick overview:
- AUSFOREX Fees and Spreads
- AUSFOREX Additional Trading Fees
- AUSFOREX Broker Fees
- AUSFOREX Pros and Cons
- Conclusion
- Frequently Asked Questions
Here is our overview of the Ausforex Fees Spreads and Commissions as well as the features that are offered, which could affect your trading.
AUSFOREX Fees and Spreads
AUSFOREX offers variable spreads on the ECN account that start from 0.5 pips on EUR/USD.
Fees, spreads, and commissions are mentioned on the company spread list so that traders know what to expect when trading with Ausforex. These entail the following:
| ✔️ Ausforex offers variable spreads as an STP/ECN brokerage. |
| ✔️ Spreads characteristically amounts to around 2.0 pips on EUR/USD, which is quite high. |
| ✔️ On the ECN account spread is significantly lower, about 0.5 pips on EUR/USD. |
| ✔️ The ECN account, however, involves a commission of $10 round turn, so trading costs for this pair are around 1.5 pips per lot, commission included. |
AUSFOREX Additional Trading Fees
When trading financial instruments such as forex, overnight fees, or swap fees are charged when traders keep positions open for longer than a trading day. AUSFOREX makes provision for an Islamic or swap-free account for Muslim traders who follow the Sharia Law and are thus prohibited from earning or paying interest when holding open positions.
The Ausforex support team can also advise whether spread betting is allowed and what spread betting fees could apply.
AUSFOREX Broker Fees
AUSFOREX does not charge further hidden fees like deposit fees or withdrawal fees.
Traders however must verify whether additional charges may be waived by their financial institution. In addition, traders may be charged currency conversion fees should they transfer fees in a currency which differs from their account base currency.
Min Deposit
USD 1,000
Regulators
FCA, SFC, CySEC, ASIC
Trading Platform
MT4, MT5
Crypto
Yes
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
AUSFOREX Pros and Cons
✔️ Pros ❌ Cons
Islamic Account provided for Muslim traders High deposit required
MetaTrader 4 Wide spreads
Conclusion
AUSFOREX Fees Spreads and Commission varies according to the account type which the trader is using. Ausforex spread list starts from 0.5 pips.
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You might also like: Ausforex Islamic Account Overview
You might also like: Ausforex Minimum Deposit
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Frequently Asked Questions
How many instruments can I trade with Ausforex?
A trader can trade several different instruments with Ausforex, which include the following:
- Forex, including popular currency pairs and some exotic options
- CFDs
- Indexes
- Crude Oil
- Gold and Silver
Which platforms are supported by Ausforex?
AUSFOREX provides the following popular trading platforms:
- MetaTrader 4 (MT4)
- MetaTrader 5 (MT5)
Does Ausforex offer leverage?
Yes, Ausforex offers a maximum leverage ratio of up to 1: 500.
What spreads can I expect with Ausforex?
AUSFOREX offers variable spreads. On the STP account spreads start around 2.0 pips on EUR/USD, which is quite high, while on the ECN account, it is significantly lower, starting at about 0.5 pips on EUR/USD.
Does Ausforex charge a commission?
Yes, Ausforex charges commission. More information on the rate of commissions can be obtained from the customer support service.
Are there additional charges on the Islamic account?
Yes, a broker like Ausforex charges extra fees on Islamic accounts – either in wider spreads, additional commissions, or administration fees to make up for money that they lose by not charging overnight fees.
New Islamic traders must enquire about these special settings or fees before joining up because it is often not clearly indicated on the broker’s account features pages.
Is Ausforex regulated and by whom?
Ausforex is regulated by Financial Conduct Authority (FCA), Hong Kong Securities and Futures Commission (SFC), Cyprus Securities and Exchange Commission (CySEC), and the Australian Securities and Investments Commission (ASIC).
Is Ausforex a recommended forex trading broker for experts and beginners?
AUSFOREX offers a fair-trading environment for all types of traders, but due to the high minimum deposit, it may be more suited for expert traders.
What is the overall rating out of 10 for Ausforex?
7/10.
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