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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10
The WikiFX Score of this broker is reduced because of too many complaints!

AUGS

Australia Australia | 5-10 years |
Suspicious Regulatory License | Suspicious Scope of Business | Vanuatu Forex Trading License (EP) Revoked | High potential risk

http://www.augsgroup.com?hmsr=FXEYE&hmpl=%E5%A4%96%E6%B1%87%E5%A4%A9%E7%9C%BC%E6%97%97%E8%88%B0%E5%BA%97&hmcu=%E8%8B%B1%E6%96%87%E7%BD%91%E5%9D%80&hmkw=&hmci=

Website

Rating Index

Contact

http://www.augsgroup.com?hmsr=FXEYE&hmpl=%E5%A4%96%E6%B1%87%E5%A4%A9%E7%9C%BC%E6%97%97%E8%88%B0%E5%BA%97&hmcu=%E8%8B%B1%E6%96%87%E7%BD%91%E5%9D%80&hmkw=&hmci=
The WikiFX Score of this broker is reduced because of too many complaints!

license Forex License

risk

No forex trading license found. Please be aware of the risks.

Keywords 5
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
Vanuatu Forex Trading License (EP) Revoked
High potential risk
Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
6

Basic Information

Registered Region
Australia
Operating Period
5-10 years
Company Name
AUGS Markets PTY LTD.
Abbreviation
AUGS
Company employee
--
༄Ken࿐ ‍❁҉҉҉҉҉҉҉҉

༄Ken࿐ ‍❁҉҉҉҉҉҉҉҉

Unverified

Hong Kong

The official website cannot be opened, and the account cannot be logged in. no way to withdraw

Exposure

&龙腾四海&

&龙腾四海&

Unverified

Hong Kong

I am Wu Yunxiang. My trading account is 88001772. On last December 13rd, I met the salesman and the trader at Wanda Plaza in Qingdao. The teacher claimed that I could recover the cost within 2 weeks, boasting a cornucopia in in front me. Thus, I deposited 70700 yuan on December 6th and gradually added 35000 gradually, totaling 105700. But I made constant losses. There was only several thousand yuan left in my account. As of February 27th, my account has become forced liquidation. The salesman and trader promised a compensation of 80% of the losses. But they have been out of contact now.

Exposure

交易小白

交易小白

Unverified

Hong Kong

I deposited $100 on March 16, but it hasn't arrived yet. The customer service of the official web can not be contacted. And no one replies my emails

Exposure

FX4245932060

FX4245932060

Unverified

Hong Kong

The withdrawal applied for on the 24th was deducted after a few days, but the account was delayed. I went to the back-end customer service to ask the customer service but they insisted that they had already paid. I checked the bank card record on the 24th and there was no corresponding transfer record. So I went to the customer service again. No matter what I said, the customer service answer was same. This platform is too bad, too rascal

Exposure

FX4649857502

FX4649857502

Unverified

Hong Kong

Delays occurs frequently, and update takes long time!!!!!! Chucks happen all the time

Exposure

王法医王加琴13586058231

王法医王加琴13586058231

Unverified

Hong Kong

The withdrawal was unavailable in AUGS.I applied for the withdrawal on 19th,August,which was always in the status of audit.Nobody responded my email.

Exposure

6
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Website

  • China augsgroup.com
    103.106.203.20
  • Hong Kong augsmarkets.net
    103.74.195.52
  • United States augsmarkets.com
    108.160.166.49

Genealogy

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AUGS

Related Companies

AUGS MARKETS LIMITED(British Columbia (Canada))
Canada
AUGS MARKETS LIMITED(British Columbia (Canada))
Active
Canada
Registration No.BC1229045
Established
Related sourcesWebsite Announcement

Company Profile

Company Profile

Review summary

Registered Country/Region Australia
Regulation LFSA, VFSC
Minimum Deposit $500
Maximum Leverage 1:400
Minimum Spreads 1.5 pips on the EUR/USD pair
Trading Platform MT4 trading platform
Demo Account Yes
Trading Assets Forex, Precious Metals, Energies, Indices, and more
Payment Methods N/A
Customer Support Phone, Email Support

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.

Customer Supoprt

There is no dedicated customer support provided by AUGS Markets, and they can only be reached through email: info@augsgroup.com. Or you can also follow this broker on some social media platforms, such as Twitter, Facebook.

Pros & Cons

Pros Cons
Diversified range of trading instruments Offshore regulation
High leverage up to 1:500 High minimum deposit requirement
MT4 trading platform available Average spreads
No clear information on payment methods
Poor customer support

Frequently Asked Questions

What trading instruments does AUGS Markets provide?

AUGS Markets provides a series of trading instruments including forex, Precious metals, Energies, Indices, and CFDs.

Does AUGS Markets offer a demo account?

Yes, FX Open does offer a free demo account.

What is the minimum deposit requirements to open a live account with AUGS Markets

The minimum deposit to trade with AUGS Markets is $500.

Does AUGS Markets offer leverage?

Yes, the maximum trading leverage offered by AUGS Markets is up to 1:500.

What trading platform does AUGS Markets provide?

AUGS Markets provides access to the industry leading MT4 trading platform.

What spread can I expect on the AUGS Markets platform?

The spreads on the AUGS platform are not that competitive, with the EUR/USD pair from 1.5 pips, in line with the industry standards.

Keywords

  • 5-10 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • Vanuatu Forex Trading License (EP) Revoked
  • High potential risk

Wiki Q&A

Is it risky to trade with AUGS?

AUGS Markets PTY LTD. does not hold any currently active, verified regulatory licenses from recognized financial authorities, which is a critical factor for traders to consider when assessing operational safeguards and fund protection.

Two days ago
United States

What regulatory licenses does AUGS hold?

AUGS Markets does not hold any valid, active regulatory licenses for forex trading. Its previously listed retail forex license with the Vanuatu Financial Services Commission (VFSC) and its forex transmission license with the Labuan Financial Services Authority (LFSA) have been revoked. Its claim to an Australian Securities and Investments Commission (ASIC) STP license is currently listed as unverified.

Two days ago
United States

Where is AUGS registered?

AUGS Markets PTY LTD. is registered in Australia and has been operating for 5-10 years. The company states it is headquartered in Sydney.

Two days ago
United States

What factors should I consider when choosing a safe forex broker?

When choosing a safe broker, investors should focus on key factors such as regulatory qualifications, fund security, and trading transparency. In general, priority should be given to platforms regulated by major regulatory authorities, such as the Financial Conduct Authority, the U.S. Securities and Exchange Commission, and the Australian Securities and Investments Commission. At the same time, attention should also be paid to: whether client funds are kept in segregated accounts, whether the fee structure is transparent, and whether there are many negative complaints or withdrawal problems. By combining WikiFX ratings and user feedback, investors can evaluate broker risks more comprehensively.

Two days ago
United States

How is the WikiFX Score calculated?

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.

Two days ago
United States

How can I identify a scam or fraudulent forex broker?

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

Two days ago
United States

How should I compare different forex brokers to find the best one?

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

Two days ago
United States

What is a clone broker website?

A cloned broker website refers to a fraudulent website that imitates the information of a legitimate broker. Such websites usually copy the real company's brand name, page design, and even regulatory information to mislead investors into making deposits. Common features include: a domain name highly similar to the official website (such as slight spelling differences), abnormal or unverifiable contact information, and promises of unusually high returns. Once funds enter such platforms, they are usually difficult to recover. Investors can identify potential risks by checking the official domain name, verifying regulatory information, and using WikiFX for cross-verification.

Two days ago
United States
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※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
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