AETOS Group, an Australia-based Forex broker, is an award winning brokerage firm established back in 2007. This non-banking financial institution stands as one of the popular service providers down under, with its main office located Sydney. After years of service in the industry, it had expanded its scope by putting up leg offices in 25 countries. This includes offices in London and China, two of the world’s economic powerhouses.
Currently, it has over 200,000 clients across the world- all enjoying AETOS’s cross-asset selection of energies, indices, and metals. Subscribing to this broker will also grant users remarkable offers including STP executions and authoritative expert analysis provided by Trading Capital, a third-party platform. But compared with other renowned brokers, AETOS does not have the most generous conditions in terms of spreads. Its trading instruments are also inadequate if we are to compare it with industry standards.
AETOS License and Security
In terms of regulation, AETOS has multiple working permits from jurisdictions where its offices are located in. All of the broker’s operations within Australia are conducted in compliance to the financial guidelines set by the Australian Securities and Investment Commission (ASIC). As for its office located in the United Kingdom, it is well-regulated by the Financial Conduct Authority (FCA).
For clients who subscribed to AETOS’s U.K subsidiary, security is more intensive as it works using separate accounts. This means that users’ funds are segregated from the company’s and other major banks’ finances. In addition to this, clients may withdraw using the Financial Service Compensation Scheme, a program that covers businesses conducted by firms registered under the FCA.
Before, there are two types of account in this broker’s selection- the General and the Premium accounts. But the company had long dissolved the premium option, and is just prioritizing the General account presently. Since the company focused on just one account, its developers made it to a point that all assets are provided. It also reduces rough points that regularly occur in trading since it is equipped with pre-defined parameters including support and resistance levels. While AETOS places behind other brokers with regard to spreads, it still has a relatively fast execution speed without delays and re-quotes. For those who take interest in opening an account, the minimum deposit is $250.
AETOS is a MetaTrader-powered brokerage firm. After successful registration, clients may now start with live trading using the MT4 or MT5 platforms. These two platforms are by far the most popular set of third-party system, with the former equipped with 30 indicators and the latter with 38.
Technically, the MT5 is an upgraded version of the older MT4. There are multiple innovations that were integrated in the MT5 including an embedded MQL5, community chat, and other authoritative educational materials. But regardless, clients prefer the MT4 for its convenience, efficiency, and overall ease of use. Clients who are undecided which platforms to use may visit AETOS’s official website and look for the comparison table.
Education and Research
This broker also takes pride in its wide selection of quality contents for trading research and education. A separate section holds authoritative tools including Trading Central’s Technical Analysis, an automated research provider specifically designed for market professionals. In addition to this, there are several technical strategies that traders may use to study equity, index, forex, commodities, and fixed-income markets.
` Other related research materials with lasting significance in trading are regular charting contents, economic calendars, market news, videos, and market commentaries hosted by James Sweeny.
For clients who want to place trade-related queries, they may reach AETOS’s customer assistance through ticket on their website. According to its list of methods, it has an active telephone line, and the most commendable, a live chat feature that may come favorable for clients in need of immediate resolution.
However, several reviews online echo the same issue of unresponsiveness. Its live chat does not respond if clients failed to fill an online form. So basically, one need to make an appointment for live chat, and clients will be contacted after one working day.
AETOS Capital Group Pty. Ltd.
Level 15, 122 Arthur Street, North Sydney, NSW 2060, Australia
Tel : +61 (2) 9929 2100
Fax : +61 (2) 9929 2055
AETOS Capital Group (UK) Ltd.
Level 6, One Canada Square, Canary Wharf, London, United Kingdom, E14 5AA
Tel : +44 (0) 20 8104 9400
Fax : +44 (0) 20 8104 9401
Taking into consideration all the aforementioned conditions, it can be noted that AETOS is a decent brokerage firm. With a highly secured platform regulated b multi-jurisdictional financial authorities, clients will be provided with an industry-level trading experience and an opportunity to expand margin of profitability.