Broker Reviews

BitAurox review

BITAUROX REVIEW

Comments Rating 4.76 (58 reviews)

GENERAL INFORMATION

Broker Name:

BitAurox

Broker Type:

Forex and CFDs

Operating since year:

2022

Headquarter Country:

UK

Address:

10 Paternoster Square London EC4M 7LS

Regulation:

N/A

CUSTOMER SERVICE

Phone:

+44 (20)37699194

Email:

support@bitaurox.net

Languages:

German

Availability:

24/5

TRADING

Trading platforms:

Proprietary

Trading platform Time zone:

N/A

Demo account:

N/A

Mobile trading:

YES

Web-based trading:

YES

Bonuses:

N/A

Other trading instruments:

N/A

ACCOUNT

Minimum deposit ($):

$250

Maximal leverage:

1:1000

Spread:

Floating

Scalping allowed:

N/A

BitAurox Review: Best New Brokerage firm

Because there is such a high demand for it, an increasing number of businesses are being founded. Forex trading is well-known worldwide, and numerous people participate in this market daily. In recent decades, the Forex trading market has grown significantly in popularity, but this has not always been the case. It was formerly only available to the largest financial organizations on the market. Still, as the internet has grown, it is now accessible to consumers worldwide. In this review of BitAurox, you will find all the necessary information you will need to know before you sign up for a brokerage firm.

General Intel

We decided to pay close attention to every small detail when writing our BitAurox review. We spent much time looking over the broker’s official website and were extremely pleased to find it well-designed. Anyone may readily understand the material on the website because it is presented in a very logical manner. Additionally, you can find anything you’re looking for with just a few clicks.

The brokerage service offers spreads as low as 0.0 pips and more than 70 distinct financial trading instruments. But BitAurox also levies a commission charge on a few of the accounts. The orders are executed quickly, which is another competitive factor. The ability to select any trading method, including scalping, hedging, and EAS, gives further ease to the broker’s other advantages. The broker uses only the top-tier banks, and the client’s money is protected on segregated accounts with added Negative Balance Protection.

Sing Up on BitAurox

The registration process at Bitaurox.com is incredibly simple. You can choose any of the available five trading accounts. Before you do that, you need to sign up, which will only take a small portion of your time, barely 10 minutes. If opening an account at this brokerage firm, follow these simple instructions:

  1. Choose the “Get Started” button on the website’s home page.
  2. Input your name, email, country of residence, preferred language, and phone number.
  3. Select a kind of account.
  4. Agree to the rules and regulations.

Account Types

You need to be aware of a few things before you can begin trading. You must first comprehend what you are seeking in the world of forex. This is crucial because the five various account types offered by this Forex broker were all designed with distinct types of investors in mind. At BitAurox, there are five main types of accounts:

  • Bronze Account
  • Silver Account
  • Gold Account
  • Premium Account
  • VIP Account

All of these provide distinct types of trading experiences, so it’s crucial to understand just what it is about the Forex market that appeals to you to make the best choices.

Bronze account leverage is merely 1:100, and the minimum deposit is $10,000. The leverage for the silver account is 1:200, somewhat more than for the gold account. It requires a minimum deposit of $25,000 to be made. The leverage on the Gold account is slightly larger than on the previous one (1:400). The needed minimum deposit is $50,000. A reasonable leverage ratio for a premium account is 1:1,000. The minimal deposit needed is $100,000. High-end customers who wish to personalize their experience at this brokerage firm may choose a VIP account type.

Any forex trader can benefit much from having a demo account. This can help you learn more and develop as a trader, regardless of how much experience you have in the field of Forex trading. The demo account is ideal for becoming familiar with the broker and learning more about trading. 

Trading Instruments

Due to the global ubiquity of forex trading, the broker makes much effort to provide investors who enjoy trading currency pairings with a wide range of alternatives. At this time, BitAurox offers more than 60 different currency pairs.

Commodities have always had a significant impact on people’s day-to-day existence all around the world. They have always been cherished and loved by the public. The number of persons trading currency pairings has dramatically expanded during the past few years. This Forex broker offers soft and hard commodities, the two main categories of commodities. Soft commodities, including cocoa, coffee, and similar items, are products of agricultural activities. There are no fees or charges for trading commodities and very small spreads. This Forex broker offers a variety of commodities. Because of these options, many investors choose to invest in this market.

Although fairly dangerous, stock trading is one of the most widely used financial strategies globally. Regarding trading stocks, BitAurox provides unmatched options; there are currently more than 18 stock CFDs available for clients, including shares of some of the largest firms in the world.

Trading Platform

You can access various analytical tools through the BitAurox web-based trading platform, which enables accurate price analysis and forecasting. The following are some of the pertinent main elements:

There are 21 time-frames available in the charting system, and you can have up to 100 charts open at once. There are 39 graphical objects, 38 technical indicators, 39 analytical objects, 4 scale modes, and 17 display styles for client indicators. There are also 80 analytical objects and built-in technical indicators.

The BitAurox trading platform makes the instruments necessary for doing fundamental research, such as the economic calendar and the financial news service offered by foreign news agencies, etc., available to you. The BitAurox review revealed that investors adore that they don’t have to download any additional software to their PCs to use this trading platform. All they have to do is open up WebTrader in their browser, which is an excellent fit for everyone. It provides access to a sizable trading market and some of the top tools and services, which millions of traders may adore.

Educational Material

Your knowledge has the potential to alter the Forex market significantly. The more you understand forex trading, the simpler it will be for you to invest wisely in this extremely risky industry. This Forex broker offers traders a wide range of chances in terms of trading resources.

Our evaluation of BitAurox revealed that qualified Forex specialists write the educational materials on this broker’s website, so you may get advice from those with firsthand market expertise. This is crucial because they are the ones who fully understand what you must do to succeed in the forex market.

However, the news and analytical articles are the best features this broker offers. These two have the power to significantly alter the market, which benefits both new and seasoned Forex traders. Investors will find it very helpful to keep up with the latest developments on the Forex trading platform. With the aid of these resources, you will be better equipped to decide how to proceed in the market.

Customer Support

When trading Forex, you must be certain that your broker will be able to assist you no matter what goes wrong. You have a few options: dial a unique phone number, which varies depending on where you are, so you should visit the broker’s website for additional details. Email is the second option.

All of these options are quite beneficial, but we took care to investigate them independently, and our findings revealed that the live call option is the greatest choice in terms of timing. The service was kind and responded to our question in under two minutes. It took them 3 to 5 minutes to respond to the mobile number, which was not very lengthy at all. They were also incredibly helpful and provided us with any assistance they could. Although it took them more than fifteen minutes to respond to our email, they were quite kind, and their response was very thorough.

  • support@bitaurox.net
  • +44 (20)37699194

Conclusion

We did not anticipate this Forex broker to be such a fantastic business when we initially learned about it. Although it is a relatively young Forex broker, it proved us wrong by demonstrating that regardless of how long a broker has been in business, it still manages to provide investors with some of the greatest Forex trading services.

This broker stands to be one of the most developed brokers on the market because it provides more than 300 trading instruments, multiple trading accounts, outstanding and well-developed trading interfaces, and many other advantages. We wholeheartedly advise our readers to trade with this Forex broker.

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BitAurox
  • Support
  • Platform
  • Spread
  • Trading Instrument
Comments Rating 4.76 (58 reviews)
Published by
Tadeusz Kowalski

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