AUU Global Limited Review: AUU Global Limited Forex broker is another case of an unlicensed broker giving a slew of big promises and boasts. As usual, our review takes an in-depth look at the features the broker (auuforex.com) allegedly offers. The review covers aspects of its licensing, its account types, its leverages, its withdrawal, and deposit methods. Read through our review to see what we and other experts have to say about AUUGlobal.
Table of Contents
AUU Global Trading Platform
This broker claims it supports the MT4 trading platform, with leverage capped at 1:500
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High leverages are a double edged sword in the sense that a trader can make a huge profit if the trade falls in the right place but that also means that the trader can also loose a huge sum if the reverse is the case. Regulatory bodies have put a cap on leverages for brokers. But unregulated brokers lacks this Capped leverage. We do advice restraint if you ever come upon a broker with leverage exceeding 1:30, especially if you are new to the market
AUU Global Account Types
In this portion of the review, we aim to explore the account types a broker might have. We check the account with its corresponding deposit and leverage. Doing this gives a clearer idea how a broker might work.
After checking, we discovered that this broker has
AUU Global Deposit and Withdrawal Methods
Deposit and withdrawals are the two most important transactions for us because the end goal of trading is making a profit. In this section, we look at these methods to make sure everything is okay with it.
Debit/Credit Card, Wire Transfers, UnionPay and WeChat.
Another thing to keep in mind is that there might also be withdrawal conditions concerning accounts that take advantage of the bonus promotion. Some fraudulent brokers stipulate that a trader must achieve a certain trading volume to be eligible for withdrawal. They do this to stop traders from making a withdrawal.
Is AUU Global Licensed?
Licensing is another important part because we can trust a regulated broker to some extent not to do anything fraudulent. We do this part of the review by first checking the name of the company attached to the broker. Then we run that name through various regulatory bodies to discover if it regulates said brokerage.
In checking the license status of this broker, we had to check several regulatory bodies. We checked the FCA in the UK, ASIC in Australia, CySEC in Cyprus, BaFin in Germany, CONSOB in Italy, and many others. At the end of our search, we didn’t find any licensing information concerning this broker.
To Know if a body licensed a broker. Traders should check regulatory bodies such as the FCA in the UK, ASIC in Australia, CySEC in Cyprus, BaFin in Germany, CONSOB in Italy, and many others.
To get a better understanding of how brokers(both licensed and unlicensed) work, read our review on Fxcryptomine, FTG Markets, Capital GMA, Kiexo.
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Accounts
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Projects
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Licensed in UK(FCA), Dubai(DFSA), St Vincent and the Grenadines, Cyprus(Cysec) and Cayman Islands
Accepts Traders Worldwide
Minimum Trade Deposit $100
Maximum Leverage
1:500
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Licensed in UK(FCA), Australia(ASIC), Belarus(NBRB) and Canada(IIROC)
Accepts Traders Worldwide
Minimum Trade Deposit $100
Maximum Leverage
1:300
BEGINNER FRIENDLY
Licensed in Australia(ASIC) and Cyprus(Cysec)
Accepts Traders Worldwide
Minimum Trade Deposit $100
Maximum Leverage
1:500
Conclusion
We wouldn’t recommend using this forex brokerage, they do not impress us with the vague information they have provided.
In conclusion, we would not advise or recommend you to trade with AUU Global.com , as they don’t give any valid information concerning if they are a regulated broker, Leading us to the conclusion that they are not.
Trading with them would likely result in you losing your money. There is a tremendous risk on any transactions interested traders may conclude with the brokerage and we deeply recommend they look elsewhere for viable trading option.
I have been scammed
This is a fake broker.
Hello, I have been asked to invest with this broker via metatrader4. Everything looks good so far, but I did not withdraw any money yet. Could you tell me what happened to you?
Thanks in advance.
Am I place a withdraw but am not been able to receive my money yet
Don’t think about investing in this site! They are not licensed and all the information that is on their site is a lie. At first they will give you a small amount, and then when you invest more money, you will not withdraw anything. I lost more than $ 50,000
At first, a girl, Guo Xiaoqinq, allegedly wrote to me on a telegram, and it was not clear where she got my number from, then she told me in the process of investing that she was investing and earning on exchange rate fluctuations. And the data when it is necessary to work on fluctuations is given to it by the uncle who works at the Australian stock exchange. As soon as I started investing, she allegedly helped me, but when I started investing more, she wanted me to invest more. And I started looking for information about this company, I saw a lot of reviews on the Internet that they are scammers and their exchange is not licensed, and it was too late, because they did not withdraw my money, and blocked my number in WhatsApp.
And this girl gave me the number of the AUU GLOBAL support service, because it is not on the site! By the way, my account has been deleted, because when I try to log in to the site, it tells me that such an account and mail do not exist. Draw your own conclusions and do not fall into the hands of fraudsters !!!P
I have some problem, I was witbdrawl ones time, that was 100$ transaction. And then they tell me that was account is freezed, and i must deposit some fund like founds what I have, to unfreeze account and than I can normal withdraw how much I want, but I cant to withdrawl my money, they are still on account, but I cant to withdrawl. If somebody will can find solution can help me.