Cryptocurrency
Bitaurox.com Review: The firm makes internet trading convenient for everyone – BitAurox Review
Bitaurox.com is changing the way people purchase and trade cryptocurrencies. You’ll be able to optimize earnings while limiting risks owing to their unique features and easy-to-use layout.
While trading online, your first goal should be to choose a stable, effective, and professional brokerage for your electronic trading needs. This is because if you engage with a professional broker, you will be in fantastic hands, and all of your goals will be easily realized. Because of the unrestricted operation of the internet, it should go without saying that not every company is genuine. This is how a variety of frauds have been carried out, and you definitely do not want to be a victim of one of them.
Online trading has lately been popular, and if you want to become an online trader, you will need the help of a genuine trading platform that you can rely on at all times. This is why you should read this BitAurox review. In this article, you will learn about the best features of a prominent online trading platform, which will help you determine why you can rely on them for all of your trading needs.
What is BitAurox?
BitAurox is a new European brokerage that aims to give clients an exceptional trading experience. It has approximately 600 assets, making it highly broad and accessible to a wide range of traders. BitAurox offer 100 cryptocurrencies with over 20 currency pairs. However, that is not the end of its benefits, as it offers a plethora of unique and useful features. In this BitAurox review, we’ll investigate the firm and determine if it can help you as a trader.
When you first visit the broker’s website, you may be surprised to see that it is in German. That may exhort you to turn around and go unless you speak the language. However, that is not essential because there is a simple fix.
Specifically, while the broker’s major target is German speakers, it has various translations in place. The English one is quite useful, and so are the others. So, if you’re not sure about your English but still want to trade online, BitAurox has you covered.
Furthermore, the website demonstrates the broker’s familiarity with technology and dedication to providing a nice customer experience. The browsing is straightforward, with the broker removing irrelevant elements and just including what is truly important. That means you can quickly and simply investigate the broker before making a selection.
It also works great on mobile devices and PCs. There are no irritating delays or broken links on the website. And as we mentioned previously in our BitAurox review, the numerous languages contribute to the company’s transparency.
Overall, the broker has a lot to promise. There are already several unusual and welcome elements, and we haven’t even gotten close to the important portions.
What is the quality of the BitAurox trading platform?
The platforms BitAurox employs require no introduction because they are the world’s two most popular alternatives. They’re both from the MetaTrader series, and we’re talking about MT4 and MT5. Both systems are advanced trading tools that retain their intuitiveness while maintaining their power.
Both provide a plethora of visual indicators that aid in your trade analysis while being straightforward to use. The two platforms have been on the market for a long time and have had plenty of time to improve. It’s no wonder that they’ve risen to the top of the list of most traders’ favoured choices.
The broker also provides a Web-based platform designed for the convenience of individuals that travel frequently. They will be able to access their trading platform without having to download anything. Overall, this allows traders a lot of leeway in deciding what to do and how to accomplish it.
Does the company provide funds and account security?
Many people’s first worry when switching broker is and should be, security. Scammers have a role in the financial sector. The massive amount of funds involved, as well as the people who are prone to falling for ‘get-rich-quick’ schemes, make it an ideal target. As a result, the finance industry becomes less safe for everyone, especially for those just starting out.
Scammers have spent years developing and concealing their fraudulent activity. Therefore, if you’re new to checking brokers, they might easily pass for the real thing despite being utterly bogus. The situation is worsened if you are a complete novice trader.
Fortunately, if you’ve been looking at brokers for a time, you’ll be able to identify whether they’re good or bad. You can utilize a variety of warning indicators to create an opinion about the broker’s honesty and intentions. We did exactly that for this section of this BitAurox review and are now ready to publish the results.
Fortunately, we think BitAurox provides a completely secure brokerage experience. Our greatest comfort is that it is a broker based in the United Kingdom with a target clientele in Germany.
While this may not appear significant, it demonstrates that the company is subject to various stringent regulations. The broker exhibits no malice, but any malevolent action would be promptly terminated even if it did.
The United Kingdom and Germany alone have some of the world’s leading financial regulators. Any misconduct would result in a punishment and, if severe enough, a shutdown. This precludes any possibility of the broker causing harm to users in such circumstances.
How many different account kinds does this broker provide?
In terms of internet brokers, BitAurox’s accounts are very normal. They are free to use, but a minimum investment is required to get traders started. The requirement in this situation is $250, which is pretty cheap even for those who have never traded before.
There are four separate accounts, each catering to a particular degree of talent and expertise. Every choice exhibits certain advantages and is a strict upgrade over the previous types. We’d like to go through some noteworthy features in this section of this BitAurox review.
Adaptability is, without a doubt, one of the most significant benefits BitAurox has over other brokers. Specifically, it provides you with an account manager from the outset, which is a huge benefit in terms of usability. However, many things after that depend on your agreement with your manager. In other words, you have much control over your experience.
There are a plethora of other comparable aid elements that may assist you in modulating the service and becoming a better trader. The huge 1:1000 leverage, on the other hand, is a trading highlight. It helps you to distribute your wealth considerably more effectively and is more than double what most brokers offer. If you’re a day trader or use margin trading tactics, BitAurox is a great place to be.
Here’s an overview of bitaurox.com’s trading account features:
- Bronze
- Min. Deposit: $250
- Trading Platform: MetaTrader 4, Meta Trader 5 and Webtrader
- Spreads: From 1 pip
- Fifth decimal place: Yes
- Execution: Market execution
- Account Currency: USD, EUR, CHF, GBP, NZD, AUD, JPY, HKD, CNY
- Leverage:1:100
- Silver
- Min. Deposit: $25,000
- Trading Platform: MetaTrader 4, MetaTrader 5 and Webtrader
- Spreads: From 1 pip
- Fifth decimal place: Yes
- Execution: Market execution
- Account Currency: USD, EUR, CHF, GBP, NZD, AUD, JPY, HKD, CNY
- Leverage: 1:200
- Phone Trading: Yes
- Commission: By arrangement with the personal analyst
- Forex pairs fee: No
- Gold
- Min. Deposit: $50,000
- Trading Platform: MetaTrader 4, MetaTrader 5 and Webtrader
- Spreads: From 1 pip
- Fifth decimal place: Yes
- Execution: Market execution
- Account Currency: USD, EUR, CHF, GBP, NZD, AUD, JPY, HKD, CNY
- Leverage: 1:400
- Phone Trading: Yes
- Commission: By arrangement with the personal analyst
- Forex pairs fee: No
- Personal Account Manager: Yes
- Smallest trade size: 0.01 lot
- Margin Call / Stop out level: 80% / 50%
- Premium
- Min. Deposit: $100,000
- Trading Platform: MetaTrader 4, MetaTrader 5 and Webtrader
- Spreads: From 1 pip
- Fifth decimal place: Yes
- Execution: Market execution
- Account Currency: USD, EUR, CHF, GBP, NZD, AUD, JPY, HKD, CNY
- Leverage: 1:1000
- Phone Trading: Yes
- Commission: By arrangement with the personal analyst
- Forex pairs fee: No
- Personal Account Manager: Yes
- Smallest trade size: 0.01 lot
- Margin Call / Stop out level: 80% / 50%
- Trading Instruments: All Available
- Maximum total trade size:60 standard lots per position
Drawbacks:
Following section of this BitAurox Review will discuss some drawbacks of the company:
- There are no educational video tutorials.
- There is no demo account.
- Limited payment choices
Concluding Remarks:
BitAurox consistently outperforms most other brokerages in terms of quality. It is adaptable in terms of its circumstances and allows dealers to tailor their service to a large extent. As seen by this BitAurox review, we are pleased with the broker. Give it a chance if you’re looking for a new trading firm.
Disclaimer: This article is not intended to be a recommendation. The author is not responsible for any resulting actions of the company during your trading experience.
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