Aron Groups Review
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Updated:
Reason to avoid: Offshore
Listed Date: November 17, 2023
Top 3 Forex Brokers
Beware Aron Groups is a Non-Regulated Broker. It is NOT SAFE to trade
Advertising Disclosure
Updated:
Reason to avoid: Offshore
Listed Date: November 17, 2023
Beware Aron Groups is a Non-Regulated Broker. It is NOT SAFE to trade
No, Aron Groups cannot be considered a trustworthy broker due to its absence of a top-tier license from a prominent regulatory body. The firm operates under Aron Markets LTD and is registered in the Marshall Islands. However, the jurisdiction does not provide a high level of regulatory oversight and protection.
🏢 Registered in | The Marshalls Islands |
🗺️ Type of License | Offshore |
🛡️ Is Aron Groups safe to trade? | No |
🗺️ Recommended Licenses | FCA in the UK 🇬🇧 and ASIC in Australia 🇦🇺 |
🖥 Alternative Broker | FP Markets - licensed by ASIC in Australia |
Aron Group presents a diverse range of trading assets and instruments, including over 100 forex currency pairs, CFDs, precious metals like gold and silver, commodities such as oil, indices, stocks, BTC, and various other cryptocurrencies. The broker also gives access to trading strategies such as Copy and Social trading.
With flexible spreads, substantial leverage of up to 1:1000, and a minimum deposit requirement of just $1 Aron Groups seems like a good broker for investment. However, upon closer research, we were able to reveal certain issues that should be considered:
After thorough research, we revealed significant concerns regarding Aron Groups reliability and its adherence to regulatory norms. Consequently, we cannot assign a favorable ranking to Aron Groups.
Ranking | Aron Groups | FP Markets | FXGT |
---|---|---|---|
Our Ranking | ⭐ | ⭐⭐⭐⭐⭐ | ⭐⭐⭐⭐⭐ |
Is Broker safe? | No | Yes | Yes |
Advantages | None | Trading Platforms | Trading Instruments |
Based on the concerns regarding Aron Groups reliability and security, we strongly advise traders to explore alternative options that offer stricter regulations and improved trading conditions. Below, is a list of reputable brokers that offer trustworthy choices and a secure trading environment for consideration:
Aron Groups offers a variety of funding methods, including Bank transfers, Mastercard, PerfectMoney, WebMoney, TopChange, Payeer, PayPal, etc. Traders can make deposits via Tether, Bitcoin, ETH, Bitcoin cash, LiteCoin, Ripple, Dogecoin, Zcash, Dash, Binance USD, USD coin, DAI, PAX, TrueUSD, and more.
Aron Groups offers different trading accounts that meet different trading needs: Nano ( Islamic Account ), Standard (ECN), Swap Free (ECN), and Vip (ECN). Each account type is tailored for special trading expectations.
Considering the information we have gathered regarding Aron Groups, there are significant reservations about the broker's reliability and trustworthiness. Although the broker has quite attractive features and offerings, its registration in an offshore jurisdiction (The Marshall Islands) raises substantial doubts. Signing with an offshore broker might risk traders' investments and profits.
This is the reason why we recommend signing with a trustworthy broker that holds licenses from reputable authorities such as FCA, ASIC, or CySEC. Some of the great options clients can consider while choosing a broker are but are not limited to BlackBull Markets, HFM, and Eightcap.
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