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Do You Want to Know If Aurora Coins Is Legitimate or a Scam Broker?
Aurora Coins has been the subject of warnings from several financial regulators including: CONSOB, OSC, BCSC and FSMA. This is the first thing you should know about Aurora Coins–being flagged by regulators is a non-starter. Although it does have a license, the license is from St. Vincent and the Grenadines. This is an offshore supposed regulator that provides no oversight and its license isn’t worth much. There are only negatives and no positives about this broker.
There Are Some Problems with Aurora Coins
Its minimum deposit is $250. It claims to have low pips at 1.5 but it actually turns out to be a shockingly high 6.5. Its leverage is also high 1:400 which makes it a risky broker. The trading platform is WebTrader rather than MetaTrader, which isn’t by itself a terrible fact about the broker, but it is certainly not in keeping with its claim to offer top-notch trading.
Red Flags that Aurora Coins Could Be a Scam Broker
- Third-rate license
- Flagged by CONSOB, OSC, BCSC and FSMA
- High leverage, minimum and pips
- No transparency
- False claims
- Bad reviews
If You Need Fund Recovery from Aurora Coins, Talk to Us
We create these reviews to warn consumers about brokers and schemes that may be fraudulent. If you have an account with Aurora Coins, close it and request a withdrawal. If you are not given your money back, contact Broker Complaint Registry right away. We will consult with you, work to track down your funds and create investigative reports, and will assist with fund recovery efforts.