AURO MARKETS Account Types & How to Open

Auro Markets presents four retail account tiers: RAW, Classic, Swap Free, and Pro. Each is aimed at a different trading style, but the differences in cost and leverage are worth close attention before you commit funds.

Our review of the account structure shows that the entry-level Classic account requires a minimum deposit of just $50, which is low by industry standards. The RAW account, by contrast, asks for $200, while the Swap Free and Pro tiers both require $500. These thresholds are not unusual, but they do signal where the broker wants to position each product.

We cross-checked the account details against the broker's published materials and found no hidden tiers or additional account types beyond these four. There is no mention of an Islamic account other than the Swap Free option, and no indication of a demo account in the structured data we were given.

The RAW account is the most cost-transparent of the four, with a minimum spread from 0.3 pips and a commission of $6 per lot per side. That commission is typical of raw or ECN-style accounts, where the spread is razor-thin but the broker charges a fixed fee per trade.

For a scalper or a news trader who opens and closes many positions in a day, the RAW account can be the most economical choice, provided the execution quality is there. However, the $200 minimum deposit is higher than the Classic tier, and the leverage is capped at 1:500, which is still high but not the maximum on offer.

In our assessment, the RAW account suits traders who are comfortable with a per-trade commission and who value tight spreads over a zero-commission structure. It is not ideal for a beginner who might be surprised by the commission on each round turn.

The Classic account is the most accessible, with a $50 minimum deposit and no commission. The minimum spread, however, is from 1.7 pips, which is noticeably wider than the RAW tier. For a trader who only places a few trades a week, that wider spread may be acceptable, but it will eat into profits over time.

The leverage on the Classic account is the highest of all tiers at 1:1000. That is an aggressive level that can amplify both gains and losses dramatically. In our view, a leverage of 1:1000 is dangerous for most retail traders, especially those with small account balances.

We would caution that the Classic account is marketed as a starter option, but the combination of a wide spread and extreme leverage makes it a product that requires discipline. A beginner might be better served by a lower leverage setting, even if the broker offers more.

The Swap Free account is designed for traders who cannot receive or pay swap interest due to religious or personal reasons. It carries a $500 minimum deposit and a minimum spread from 2.2 pips, which is the widest of all tiers. There is no commission, but the wide spread is effectively the cost of the swap-free feature.

The Pro account, meanwhile, is the most conventional offering, with a $500 minimum deposit, no commission, and a minimum spread from 1.3 pips. It sits between the Classic and RAW in terms of cost, and its leverage is 1:500, which is still high but more moderate than the Classic's 1:1000.

In our assessment, the Pro account is the most balanced for an active but not hyper-frequency trader. The spread is tighter than Classic, and there is no commission, making it a middle-ground option. However, the $500 minimum deposit may be a hurdle for some.

Auro Markets offers leverage up to 1:1000 on the Classic account and 1:500 on the other three tiers. These are extremely high levels by the standards of most regulated jurisdictions, where leverage is often capped at 1:30 or 1:50 for retail clients.

Because Auro Markets is not regulated by a major financial authority, there is no external limit on the leverage it can offer. That means a trader can control a position worth $100,000 with just $100 in the Classic account. The potential for profit is enormous, but so is the risk of losing the entire account in a single adverse move.

We would strongly advise any trader considering Auro Markets to treat leverage as a risk multiplier, not a benefit. A 1:1000 leverage ratio is rarely appropriate for a retail account, and even 1:500 is far beyond what most prudent risk managers would recommend.

The cost structure at Auro Markets varies significantly by account type. The RAW account has the tightest spreads, from 0.3 pips, but charges a $6 commission per lot per side. That means a round turn (open and close) costs $12 per lot, which is in line with many raw accounts in the industry.

The Classic, Swap Free, and Pro accounts are commission-free, but their spreads are wider, ranging from 1.3 to 2.2 pips. For a typical forex pair like EUR/USD, a 1.7-pip spread on the Classic account is on the high side, especially when compared to the RAW account's 0.3 pips plus commission.

We calculated that for a trader who opens and closes 10 lots per month, the RAW account would cost $120 in commissions, but the spread savings could be significant if the average spread is 1.4 pips tighter. The breakeven point depends on the trader's average spread and trade frequency, but the RAW account is likely to be cheaper for high-volume traders.

Auro Markets provides the MetaTrader 5 (MT5) platform, which is a widely used and respected trading platform. MT5 offers advanced charting, multiple order types, and automated trading via Expert Advisors. It is available on desktop, web, and mobile, which gives traders flexibility.

In the user reviews we analyzed, one positive review noted that the MT5 platform 'works without problems,' while a negative review claimed that the trader's MT5 account was 'removed and washed by auto trade.' These conflicting reports highlight the importance of testing the platform with a demo account before risking real money.

We found no mention of MT4 or a proprietary platform in the structured data. If you prefer MT4 or a custom platform, Auro Markets may not be suitable. The broker's website does not disclose the full list of tradable instruments, so we cannot confirm the range of CFDs, metals, or indices available.

Auro Markets accepts deposits via BTC, ETH, Skrill, and Neteller, and withdrawals can be made via ETH, Skrill, BTC, and MASTER. The inclusion of cryptocurrencies and e-wallets is common among offshore brokers, but it also raises questions about the transparency of fund flows.

In the user reviews, there are positive reports of fast withdrawals and smooth KYC, but there are also serious allegations of withdrawal failures. One trader claimed that after requesting a withdrawal of 5000 USDT, their account was 'wiped' and 'deleted.' Another review demanded the return of $9,117.54, alleging that their MT5 account was 'removed and washed by auto trade.'

We cannot verify these claims, but the pattern of withdrawal complaints is concerning. The broker's unregulated status means there is no external ombudsman or compensation scheme to turn to if a withdrawal is not honored. Traders should be aware that they have limited recourse in the event of a dispute.

The account opening process at Auro Markets is not described in detail in the structured data, but based on the user reviews, KYC is reported as 'smooth' by one trader. Typically, brokers require proof of identity and address, and sometimes a source of funds declaration.

Given the broker's registration in Saint Lucia and lack of regulation, the KYC process may be less rigorous than at a fully regulated broker. This could be a double-edged sword: it may be faster, but it also means the broker may not be conducting thorough due diligence on its clients.

We recommend that any trader considering Auro Markets complete the KYC process with a small deposit first, and test a withdrawal before committing larger sums. The absence of a regulated status means that the broker is not obligated to follow strict client money protection rules, and funds may not be segregated in the way they would be at a regulated broker.