About Aurex Limited
Who Is Aurex?
Aurex, trading under the official domain aurexmarkets.com, is a financial services firm incorporated in Seychelles (company number 810627-1). It is regulated as a securities dealer by the Seychelles Financial Services Authority (FSA) under license. The company offers multi-asset trading services, including CFDs on forex, digital assets, and capital market instruments, targeting both retail and institutional clients.
The broker presents itself as a global financial entity with institutional-grade platforms. Its registered address is at CT House, Office No. 9A, Providence, Mahé, Seychelles. The website carries a prominent risk warning stating that investors should not expect protection if something goes wrong, indicating high-risk investment.
Regulation and Licensing
Aurex is authorized and regulated by the Financial Services Authority of Seychelles (FSA) under license. The FSA is the regulatory body for non-bank financial services in Seychelles. While the FSA imposes certain requirements, Seychelles is not considered a major financial hub with stringent oversight like the UK or EU. The broker's conflict of interest policy and complaint handling policy reference the Financial Consumer Protection Act of 2022, which aims to strengthen consumer protection in Seychelles.
Traders should be aware that regulatory protection may be limited compared to jurisdictions with stronger investor compensation schemes. The broker's business continuity plan outlines procedures to restore services in case of disruption, but details on financial safeguards are not publicly available.
Products and Instruments
Aurex offers a range of products primarily structured as Contracts for Difference (CFDs). These include forex, digital assets (cryptocurrencies, blockchain, DeFi), equity capital markets (IPOs, secondary offerings), fixed income, and structured finance. The broker also provides over-the-counter (OTC) trading services, allowing for customized trade terms and potentially lower margin requirements.
The website highlights access to multiple asset classes through institutional-grade platforms. However, specific details on the number of instruments or trading platforms are not readily provided. The broker also mentions hedging and risk management services for corporations.
Account Types and Platforms
Based on the website's FAQ section, Aurex offers at least two account types: a Standard Account and a Swap Free Account (likely for Islamic traders). The broker states that it provides institutional-grade trading platforms, but the specific platform names (e.g., MetaTrader 4/5, cTrader) are not mentioned on the main pages. The website's capital markets and digital assets sections emphasize execution services and direct market access.
Traders looking for specific platform information may need to contact the broker directly. The 'Client Service Agreement' likely contains detailed terms, but it is not fully extracted here.
Funding and Fees
The website does not explicitly list deposit or withdrawal methods, nor does it provide detailed fee schedules. The OTC trading page notes that margin requirements are typically 20% lower than exchange requirements, but spreads, commissions, and other costs are not disclosed in the available content.
Potential clients should review the Client Service Agreement and other legal documents for complete fee information. Without clear transparency on costs, traders should exercise caution and seek clarification from the broker before committing funds.
Target Audience
Aurex markets itself to a diverse clientele, including retail traders, institutional investors, and corporations. The services described—hedging, risk management, wealth management, and OTC solutions—suggest a focus on both individual traders and business clients. The website uses language such as 'clients' and 'institutional-grade,' indicating that the broker aims to serve experienced and high-volume participants.
Retail traders should be aware that the Seychelles regulatory framework may offer less protection than tier-1 jurisdictions. The broker's risk warning explicitly states that investors should not expect protection if things go wrong. This makes the broker more suitable for risk-tolerant and experienced traders who understand the implications of trading with an offshore entity.
Overview compiled by FXCanary from regulatory records and public data. full Aurex Limited review