General Information & Regulation
AUGS Markets was established in 2011 and is headquartered in Sydney, Australia. AUGS Markets Limited is authorized and reguated by Vanuatu Financial Services Commission
(VFSC), with regulatory license number 700371, and also regulated by Labuan Financial Services Authority (LFSA), with regulatory license number MB/21/0060.
Market Instruments
AUGS Markets offers mainstream and popular trading products on the global financial market for investors to choose from, mainly including Forex (major currency pairs and minor currency pairs), Precious Metals (gold, silver), Energies, Indices and CFDs, and other products.
Minimum Deposit
Two types of accounts are available: Standard accounts and ECN accounts. The minimum deposit for opening an account is $500, which is relatively high, not the good option for most brokers.
AUGS Markets Leverage
With regard to the trading leverage, the maximum leverage available on AUGS Markets platform is up to 1:400 for forex trading.
Spreads & Commissions
The main spreads for the standard account are EURUSD 1.5, USDJPY 1.6, GBPUSD 2.0, AUDUSD 1.6, Gold 2.4, Silver 2.1, and US Crude Oil 3. The main spreads for ECN accounts are EURUSD 0.3, USDJPY 0.4, the GBPUSD 1.0, AUDUSD 0.6, Gold 1.4, Silver 1.1, and US crude oil 3.
Trading Platform
AUGS MT4 provides traders with real-time mode trading functions and technical analysis functions, a large number of technical indicators and curves, custom indicators, and scripts. The platform supports a variety of CFD product trading, and the product categories are constantly increasing to meet the multi-faceted clients' needs. The platform currently has a web use version, desktop version, Apple and Android mobile applications.
Deposit & Withdrawal
The minimum deposit is $500. If traders choose wire transfer to withdraw money, the bank will charge a fee ranging from US$15-50, deducted from the amount of the withdrawal. And if traders choose CNY withdrawal, the exchange rate of it will be calculated based on the exchange rate of the payment gateway company.
