AussieTrust Review

Review Contents:

  1. Introduction to AussieTrust Review;
  2. Funds Trading and Security;
  3. Trading Accounts at AussieTrust;
  4. Trading Conditions;
  5. Funds Trading and Conditions;
  6. Trading Platform;
  7. AussieTrust’s Ttrading Products;
  8. Customer Service;
  9. AussieTrust Review Conclusion.

AussieTrust Review, AussieTrust Review

Introduction to AussieTrust Review

AussieTrust is a fresh broker on the market, founded in 2019. With under a year of experience, it’s quite fascinating what they’ve been able to accomplish.

The broker is based in Saint Vincent and the Grenadines, although the exact address isn’t clear.

The broker welcomes you with a tidy and easy to understand website, where you can immediately access most of the things you need. The trading platform button will take you straight to an overview of their custom application, and double as a demo account.

There’s also an education center and an account types tab that gives you all the trading info you need. A support chat bubble hangs in the lower right corner, ensuring you have a quick way to answer any of your questions.

But most traders aren’t that curious about looks and accessibility. Even if a website is unappealing, you’ll find your way around eventually. What people actually care about are the benefits they get when using a broker.

AussieTrust Review, AussieTrust Review

  • AN EXTENSIVE LEARNING DATABASE

There’s a wealth of things to be learned at AussieTrust, as their knowledge base acts as a miniature trading encyclopedia. There’s a glossary that allows you to learn all the necessary learning terminology and eBooks that help you build upon specific skills.

To add to that, there’s also an asset index, which makes it easier to wrap your head around the trading instruments. Lastly, there’s a FAQ for specific site-related questions.

The platform and website, in general, are pleasing to look at and easy to use and navigate. Even someone with no prior knowledge of trading would get a good idea of what’s going on, even at just a glance. And although it doesn’t matter that much in the long run, it’s much less frustrating to use a well-designed platform, than a poorly designed one, even if they provide the same functionality.

The firm struck a good level of leverage, offering up to 400:1. That ensures that traders can get an edge when buying or selling, but also that they won’t get too ahead of themselves.

 

Funds Trading and Security

AussieTrust Review, AussieTrust Review

Although the website hasn’t secured any licenses yet, that can be largely attributed to its age. They’ve only been working for less than a year, and most brokers go without regulation for even longer.

And although that may leave some people slightly cautious, we don’t think there’s any need for that. We scoured the web for any traces of unsatisfied users to check whether AussieTrust is malicious, and we found nothing. It’s not a common occurrence for a website to go without any complaints for that long of a time period, and we feel like that overturns the lack of a license.

Naturally, nobody can guarantee complete safety with any broker. Even established companies with decades of experience have their slip-up now and then. Although AussieTrust is young, it seems to be one of the more honest brokers, and are nearly certain to treat you fairly if you follow the website rules.

 

Trading Aaccounts at AussieTrust

While there’s no demo account in the traditional sense, AussieTrust lets you access their platform from their website right away. That lets you check out the functionality and familiarize yourself with the UI quickly. The great bit about it is that there’s no need to even sign up to access that function, unlike many competitors who regularly ask for registration even if it’s for a demo.

As far as their live accounts go, there’s three regular options and an invite-only VIP account. You’ll notice that there’s quite a large gap between them, and that might look scary to some new users. You don’t need to be afraid, though, as even the cheapest account provides an excellent trading experience. As for the others, feel free to wait until you’re comfortable (both in finances and skill level) and go for them as a luxury.

Here’s a rundown of what each of the different account types gets you:

AussieTrust Review, AussieTrust Review

Minimum deposit €250+

Dedicated senior account manager: No

Bonus funds: No

Lucrative spreads: No

Trading signals: No

Maximum leverage: 1:100

Trade Room analysis: No

 

Minimum deposit €10000+

Dedicated senior account manager: Yes

Bonus funds: Yes

Lucrative spreads: Gold Spreads

Trading signals: No

Maximum leverage: 1:200

Trade Room analysis: Tier 3

 

Minimum deposit: €50000+

Dedicated senior account manager: Yes

Bonus funds: Yes

Lucrative spreads: Platinum Spreads

Trading signals: Yes

Maximum leverage: 1:300

Trade Room analysis: Tier 2

 

Minimum deposit: Invite only

Dedicated senior account manager: Yes

Bonus funds: Yes

Lucrative spreads: VIP Spreads

Trading signals: Yes

Maximum leverage: 1:400

Trade Room analysis: Complete Access

AussieTrust Review, AussieTrust Review

Although the Silver account has no personalized analysis tools like Gold or Platinum, for self-sufficient traders, that doesn’t make a large difference. As such, the account is entirely fine to trade with. Gold and Platinum accounts have a good advantage when it comes to analytics, while VIP, understandably, comes with a ton of exclusive features. If you’re a large spender, AussieTrust is sure to treat you like a king.

Trading Conditions

The trading conditions, as we already mentioned, are excellent. Even the cheapest account type gives you enough benefits to match competitors, and if you’re a VIP, it blows most rival firms out of the water.

The leverages progress steadily as you upgrade account types, as well as the spreads. You get a few analytical tools as you advance, which is a nice incentive to upgrade your account but is not a necessity. At VIP, you get full access to webinars, trade room analysis, and access to VIP-only events that can be quite beneficial financially.

The security seems safe, so your money isn’t at risk, and there’s a ton of variety when it comes to assets. Namely, there’s over 200 to pick from, ensuring there’s enough variety for everyone. Their custom platform makes trading easy, as you can get all the information you need at a glance.

Even as a fresh trader, AussieTrust provides an experience rivaled by few. We can only expect and look forward to them growing further in the future.

Trading Platform

AussieTrust Review, AussieTrust Review

In our AussieTrust review, we’ve mentioned their custom platform quite a couple of times. Now it’s time for you to get a slightly more detailed analysis of it. You’ll be greeted by a bar on the left containing all your personal and financial information and tools, as well as your history. There, you’ll be able to modify your settings, information, deposits, or withdrawals, as well as follow current positions.

Next to that is the actual asset list, with buy and sell options next to each product. It’s neatly split into categories, with forex, commodities, crypto, stocks, and indices being separated. There’s quite a large selection, especially in the stock and forex categories, so take your time to look through it all.

In the middle of your screen, you’ll be able to look at charts for the instrument you’ve selected, and above that are some markers you can use at your leisure. Above that, you can see both the maintenance and initial margins, leverage, and trading hours.

While the explanation we gave might sound vague and complicated, the platform does an astounding job of visually conveying what you need to do. Open it up and see for yourself! We’re sure you’ll get the hang of it in no time.

Unfortunately, there’s no mobile version of the platform, but we’re sure it’ll be there soon. However, the good news is that the platform is entirely web-based and doesn’t require any downloads to achieve full functionality.

AussieTrust’s Ttrading Products

The trading product variety at AussieTrust is incredible, especially for such a young broker. Their selection covers over 250 options, which is way more than numerous service providers that have been on the market for a decade or more. Here’s a slightly more detailed look into what they offer.

  • Fifty currency pairs – CFD trading on currencies is one of the more popular ways to earn money via trading these days. You’ll be glad to hear that there are fifty pairs to choose from, including EUR/USD, GBP/USD, GBP/AUD, and many others.
  • Commodities – The commodities on the website include some precious metals and energy assets. You’ll see spot gold, platinum, crude oil, and brent, which is enough to satisfy most traders.
  • Digital currency/currency pairs – There’s also a selection of crypto/currency pairs, which, while not as large as some crypto-specific brokers’, is still quite impressive. The list contains LTC/USD, ETH/USD, XRP/USD, to name a few.
  • Stocks and indices – It’s clear that AussieTrust paid a lot of attention to their share and index selection, as they make a large part of the firm’s entire offer. You’ll be able to trade on some ever-popular instruments, such as Apple, Alibaba, and Netflix stocks or UK 100, US 500, and Germany 30 indices.

 

Customer Service at AussieTrust

The customer service at AussieTrust has specific work hours, unlike most companies that are either 24/5 or 24/7. The hours are Monday to Friday from 07:00-14:00 GMT for the chat, and Monday to Friday from 09:00 – 13:00 GMT for the phone lines.

Although that might be inconvenient for some, it’s probably due to the fact that they haven’t had the time to expand their support team. In addition to their phone line and live chat, you can also send them an email.

Australian phone number: +61-894-683564

Email: [email protected]

AussieTrust Review, AussieTrust Review

AussieTrust Review Conclusion

AussieTrust is a broker that has accomplished more in less than a year than many have in a decade. Although there are a few clear flaws in their game, such as lacking a regulator and a support team that operates on a 24-hour timeframe, their strengths do much to overpower that.

Their reputation is pristine, their accounts are fair, and their products are plentiful. The customer service team is quick to respond and are pleasant, and their trading platform is refreshingly innovative and functional.

All that culminates to a great experience while being a little rough around the edges. We’re certain the broker will waste no time and evolve to be a rival to even the most famous online brokers out there. But even now, we’d recommend AussieTrust as a great home for anyone into online trading.

We hope this AussieTrust review will be useful for you, but please make sure to read all the broker reviews before picking one that fits you best!

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