aurra

Aurra holds a WikiFX score of 1.83, reflecting significant deficiencies in regulatory and risk control indices. The broker is not regulated by any major forex authority; the only associated license is a Mauritius FSC Securities Trading License under a separate entity that does not cover forex activities. Therefore, the broker operates without direct oversight from a credible financial regulator, which indicates a high-risk profile.

Aurra is not regulated for forex trading. It holds a Securities Trading License from the Mauritius Financial Services Commission under a separate entity (Aurra Global Markets Limited), but this license does not cover forex brokerage activities. WikiFX assessment indicates the broker has a regulatory index of 0.0.

The minimum deposit varies by account type: $100 for the Standard and Essential accounts, and $10,000 for the ECN account.

Aurra supports the MT5 trading platform, which is verified as a genuine full license. The platform reports an average execution speed of 82 ms, indicating stable connectivity.

Pro: Competitive trading conditions with low spreads (from 0.0 pips on ECN) and support for scalping and EA. Cons: 1. Lack of regulation from a major forex authority, resulting in no investor protection. 2. Low WikiFX overall score of 1.83, indicating poor risk control and regulatory compliance. 3. Limited operational history of 1–2 years and no clear disclosure of corporate governance.

WikiFX data shows no significant negative exposure or user complaints. One user review indicates a positive experience with the platform's activities and performance.

Due to the temporary lack of publicly available data, it is not possible to determine whether it is available in the United States. In general, to judge whether a broker can be used in a certain region, you can refer to the following aspects: 1. Regulatory qualifications: Check whether the broker is regulated by major regulators (such as the U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission in the United States). 2. Legal restrictions: Different countries and regions have different laws and regulations on forex and CFD trading. Some platforms may not provide services in certain regions. 3. Account opening information: Check whether the broker allows users from that region to register accounts. 4. Official announcements and customer service: Confirm the local usage policy through the broker's official website or customer service. 5. User feedback: Refer to other users' experience and complaints in that region. You can use the information above to judge its availability in the United States. At the same time, you can follow WikiFX updates on regulatory and availability data to get more accurate reference.

Aurra offers competitive spreads, particularly on the ECN account with spreads from 0.0 pips, though it may charge a commission. The Standard account has spreads from 0.7 pips and the Essential from 1.2 pips, with no commission on those accounts. Overall, trading costs are relatively low, but traders should confirm any additional fees such as swap charges or inactivity fees.

Aurra offers three account types: ECN (minimum deposit $10,000, leverage up to 1:100, spreads from 0.0 pips, commission likely), Standard (min $100, leverage 1:200, spreads from 0.7 pips, no commission), and Essential (min $100, leverage 1:500, spreads from 1.2 pips, no commission). All accounts support scalping, EA, and lock positions, and are available for forex and precious metals trading.

Leverage varies by account: up to 1:100 for ECN, 1:200 for Standard, and 1:500 for Essential. Higher leverage amplifies both potential gains and losses. Combined with the lack of regulatory oversight, the risk is elevated. WikiFX assessment indicates a low risk control index of 0.0, and traders should exercise caution.

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

WikiFX is a third-party platform that provides forex broker information inquiry and risk alerts. This type of platform mainly integrates brokers' regulatory information, user feedback, and historical records, and conducts comprehensive evaluation through a multi-dimensional model to help investors quickly understand the broker's basic situation and potential risks. By using such tools, investors can conduct preliminary screening before choosing a broker, thereby reducing decision-making risks caused by information asymmetry.

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If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.