Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
Aurum Markets Pros & Cons
- The minimum deposit is $10 for a Standard account.
- International regulation and long-term market presence.
- Leverage up to 1:1000.
- Cent and demo accounts for beginners and strategy testing.
- Copy trading, PAMM accounts, and Expert Advisors (EA) for passive income.
- Trading via MetaTrader platforms, available in both desktop and mobile versions.
- Bonus offers for new and existing clients.
- The broker has some regional restrictions.
- Certain trading strategies, like scalping, are prohibited.
TU Expert Verdict
Aurum Markets carries a higher degree of risk. My review and user feedback point to noticeable performance issues and limitations. It may be appropriate only for experienced traders who fully understand the risks and are prepared for potential instability.
Top-5 Brokers Traders Prefer
Aurum Markets User Reviews
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5-star
0%
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4-star
33%
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3-star
33%
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2-star
33%
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1-star
0%
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Commissions and Fees
Score:We evaluate brokers' fees and spreads by assessing the costs associated with Standard and ECN/Raw spread accounts, including commissions and spreads. Additionally, our evaluation considers extra fees such as deposit/withdrawal charges and inactivity fees. Learn the assessment criteria7 /10The trading and non-trading commissions of Aurum Markets have been analyzed and rated as having Medium fees, with a fees score of 7/10. Additionally, these commissions were compared with those of the top two competitors, OANDA and FOREX.com, to provide the most comprehensive information.
- Low Forex trading fees
- Tight EUR/USD market spread
- No inactivity fee
- No deposit fee
- No withdrawal fee
- Complex fee structure
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Is Aurum Markets Safe?
Score:We evaluate brokers' safety based on several key criteria. The highest value is placed on regulation, especially Tier 1 regulation, which ensures adherence to stringent standards set by top financial authorities like the FCA in the UK, CFTC in the US, CySEc and BaFin (EU) or ASIC (Australia). High scores are also given for participation in investor protection funds, which safeguard clients' funds in case of broker insolvency. Learn the assessment criteria3.7 /10Aurum Markets has a safety score of 3.7/10, which corresponds to a Low security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.
- Is regulated
- Negative balance protection
- Not tier-1 regulated
- Track record of less than 8 years
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Account Types
Score:We evaluate a broker’s account offering by analyzing the range and suitability of available account types and how effectively they cater to different trader profiles and strategies. Our assessment covers the diversity of account options — including Standard, ECN/Raw, Cent, Swap-Free (Islamic), and VIP accounts — as well as the flexibility of trading conditions provided. Learn the assessment criteria.4.2 /10Aurum Markets offers the following account options: Demo, Standard, ECN/Raw spread, Cent, Swap Free.
Aurum Markets covers the core account types, making it convenient for traders with different preferences and strategies.
- Cent account for beginners
- Swap Free (Islamic) account
- Tight spread ECN account
- Micro lots are not available
- No VIP account option
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Deposit and Withdrawal
Score:This section assesses the efficiency, speed, and affordability of brokers’ transaction processes, focusing on available methods, currencies, and fees. For further details, please refer to our data-focused methodology5.8 /10Aurum Markets received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.
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Markets and Tradable Assets
Score:The evaluation in this section is based on the TU methodology and reflects the total number and variety of tradable assets offered by the broker, including Forex currency pairs. It also considers the availability of passive income tools such as PAMM accounts, copy trading, and similar services. All information is obtained from publicly available sources and may change. Learn the assessment criteria4.3 /10Aurum Markets offers a limited selection of trading assets compared to the market average. The platform supports 0 assets in total, including 45 Forex pairs.
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Trading Account Opening
We successfully registered an account with Aurum Markets in 7 minutes. The KYC verification was completed within 1 business day. The minimum deposit amount at Aurum Markets is $10.Score:We evaluated Trading Account Opening at Aurum Markets by testing the registration process under real conditions, including opening an account and funding it with the minimum required deposit (but no less than $100). Our assessment considered whether onboarding was fully online, the average registration time, the speed of KYC verification, and how quickly traders could activate their accounts. Learn the assessment criteria.10 /10This is one of the most accessible and hassle-free onboarding procedures on the market.
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Trading platforms & tools
Score:This section evaluates the quality and variety of trading platforms offered by the broker. It considers supported platforms, core features, device compatibility, and the availability of tools for automation, analysis, and different trading styles. Learn the assessment criteria6.1 /10Aurum Markets received a score of 6.1/10, reflecting an average offering in terms of trading platforms and tools. The broker covers essential functionality but may fall short in some advanced features or platform diversity compared to leading competitors.
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Mobile Apps
Score:This section assesses the quality and functionality of the broker’s mobile trading apps. It takes into account app ratings, number of downloads, platform features such as two-factor authentication (2FA), mobile alerts, and technical indicators, ensuring traders can manage positions and monitor markets effectively from their smartphones. Learn the assessment criteria7 /10 -
Customer Support
Score:We evaluated Customer Support at Aurum Markets by opening a real account funded with the minimum required deposit (no less than $100) and contacting support to measure response time under real conditions. Our assessment considered contact channels, response speed, multilingual support, and availability hours. Learn the assessment criteria7.2 /10
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FAQs
How are trading commissions and non-trading fees structured at Aurum Markets?
According to the review, Aurum Markets has been rated as having medium overall fees, with low forex trading fees, tight EUR/USD spreads, and no deposit, withdrawal, or inactivity fees. On Standard accounts, costs are built into floating spreads (e.g., EUR/USD typically 0.9–1.3 pips, GBP/USD 1.4–2.0 pips), while ECN/RAW accounts use market-based spreads plus a $3.5 per lot commission and average spreads of 0.2 pips on EUR/USD and 0.4 pips on GBP/USD.
What trading account options are available at Aurum Markets and how do they differ?
Aurum Markets offers Cent, Standard, Ultra, and Elite (ECN) accounts, along with demo and Swap-Free options. The Cent and Standard accounts start from a $10 minimum deposit with no commission per lot, while the Ultra account requires $200 with tighter spreads and the Elite ECN account requires $500, uses raw spreads, and charges a $7 commission per lot.
What do user reviews and feedback say about Aurum Markets overall?
Based on available user reviews, Aurum Markets has a user satisfaction score of 6/10 from three reviews, with 33% each in the 4-star, 3-star, and 2-star categories and no 5-star or 1-star ratings. This distribution indicates a mixed perception among reviewers, with neither strongly positive nor strongly negative consensus.
How does the Aurum Markets account opening process work according to user feedback and reviews?
The review notes that opening an account with Aurum Markets is fully online, with registration taking about 7 minutes and KYC verification typically completed within 1 business day, and the minimum deposit set at $10. The process involves filling out a sign-up form, confirming an email PIN, and uploading identity and address documents, although it is mentioned that the setup may feel less convenient for beginners.
What trading platforms and tools does Aurum Markets provide, and how do traders describe them in reviews and comments?
Aurum Markets supports MT4 and MT5, allows trading bots (EAs), offers one-click trading and alerts, and provides Autochartist as an additional tool, but does not offer a proprietary platform, TradingView integration, or 2FA. The review characterizes the overall platform and tools offering as average, with essential functionality covered but some advanced features and platform diversity missing; specific user reviews or comments on platforms are not provided in this section.
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