AURUM MARKETS

Aurum Markets is a forex and CFD broker established in 2017, according to its own marketing, though its formal registration date is December 2024 according to public records. The company lists its registered address in Mauritius at Office no. 212, Ground floor, Block A, The Junction Business Hub, Calebasses Branch Rd, Calebasses. It offers retail traders access to a range of financial instruments, including forex majors and minors, metals, energy commodities, and indices like US30 and SP, with support for MetaTrader 4 and 5 platforms.

Aurum Markets Limited is regulated by the Financial Services Commission (FSC) of Mauritius, holding a Securities Trading License (EP) with number 195270GBC. This license permits the company to offer investment dealing services. As an offshore regulator, the FSC does not provide the same level of client fund protection as top-tier regulators like the FCA or ASIC. There is no investor compensation scheme, and traders should be aware that recourse in the event of a dispute may be limited.

The broker provides four distinct account types to cater to different trader profiles. The Standard and Cent accounts require a minimal $10 deposit and offer leverage up to 1:1000, with floating spreads starting from 1.8 and 2.0 pips respectively. The Ultra account, with a $200 minimum deposit, provides leverage up to 1:500 and tighter spreads from 0.9 pips.

For advanced traders, the Elite account demands $500 and features leverage of up to 1:200 with dynamic spreads and a $7 per lot commission. All accounts grant access to majors, minors, metals, energy, US30, and SP instruments. An Islamic swap-free option is available for accounts that comply with Sharia law.

Aurum Markets supports the industry-standard MetaTrader 4 and MetaTrader 5 platforms, available on desktop, web, and mobile. Traders can engage in spot forex, metal and energy commodities, and index CFDs. Instruments include major currency pairs, a selection of minor pairs, gold and silver, crude oil, and indices like the US30 and S&P. The broker also advertises cryptocurrency trading on its website, though the tradable instruments list provided to FXCanary does not include them.

Funding options include Skrill, VISA, MasterCard, and Neteller for deposits, while withdrawals are processed exclusively through Neteller and Skrill. The company does not publicly disclose typical processing times or fees for transactions. Users should be aware that methods are limited, and withdrawal-only via e-wallets may require supplementary account verification. The absence of bank wire transfers could be a drawback for those preferring traditional banking channels.

The broker’s low entry barriers and high leverage make it potentially attractive to speculative traders with small capital who are comfortable operating in an offshore regulatory environment. The availability of MetaTrader and competitive spread levels on the Ultra account may appeal to experienced retail traders. However, the absence of top-tier oversight, limited funding methods, and a short operational track record mean it is not suitable for traders who prioritise fund security and robust banking infrastructure. Overall, it is positioned for those willing to accept heightened risk in pursuit of flexibility.