Ausprime
Basic Information
Pros and Cons
Pros
- Regulated by CySEC
- Quality customer service
- Fast withdrawal processes
- Diverse trading products
- Prime of prime liquidity services
Cons
- Concerns about transparency
- Selective liquidation practices
- Limited information on trading fees
- No demo accounts available
- Mixed reputation in the market
Is Ausprime Safe and Legit?
Ausprime, registered in Cyprus in 2018 under the name AC Markets (Europe) Limited, has 5 years of operational experience. The broker offers over 70 forex pairs, metals, indices, and commodities, with services including prime of prime liquidity and a trading interface suitable for professional and institutional clients.
Regulated by the Cyprus Securities and Exchange Commission (CySEC), Ausprime holds a Market Maker (MM) license, indicating compliance with legal standards in its jurisdiction. This regulatory status contributes to its classification as a legally operating broker, though potential clients should remain vigilant regarding associated risks.
In the market, Ausprime has garnered a mixed reputation. Users appreciate the quality of customer service and fast withdrawal processes, noting that requests are typically completed within the same day. However, there have been some complaints regarding transparency and selective liquidation practices. Overall, community feedback suggests a generally reliable but cautious approach is advisable when engaging with this broker.
Is Ausprime a Regulated Broker?
What Are the Regulatory Licenses Held by Ausprime?
Ausprime is regulated by the Cyprus Securities and Exchange Commission (CySEC), holding a Market Maker (MM) license. This regulatory status ensures that the broker complies with the legal standards set in its jurisdiction, contributing to its classification as a legally operating entity. Clients should remain aware of the associated risks while engaging with the broker, as there have been some concerns regarding transparency in its practices.
Client Fund Segregation: Your Ultimate Safeguard
Capital Protection Measures
Ausprime ensures client funds are held in independently regulated bank accounts, separate from the broker’s own assets, in compliance with the rules set forth by the Cyprus Securities and Exchange Commission (CySEC). This segregation of funds is a key element of financial security for clients.
Ausprime Leverage
The broker offers leverage in accordance with local regulatory requirements. Client classification determines the applicable leverage, which aligns with the legal limits established by the regulatory authorities governing Ausprime’s operations. This ensures that both retail and professional clients can trade with appropriate risk management measures in place.
Ausprime Withdrawal Review
How to Contact Ausprime?
Does Ausprime Have Withdrawal Issues?
Ausprime has received mixed feedback regarding its withdrawal processes. While many users appreciate the promptness of withdrawal requests, typically completed within the same day, there have been some complaints about transparency and selective liquidation practices. Credible sources of complaints include user reviews and forums where traders share their experiences. Although there are some individual complaints, there is no significant public record of large-scale or repetitive issues. Ausprime has not faced regulatory penalties or warnings directly related to withdrawal issues, reinforcing its classification as a legally operating broker under CySEC regulations.
Frequently Asked Questions
A1: Yes, Ausprime is a legitimate broker regulated by the Cyprus Securities and Exchange Commission (CySEC) and holds a Market Maker (MM) license. This regulatory status ensures compliance with legal standards in its jurisdiction.
A2: Ausprime protects client funds by holding them in independently regulated bank accounts, separate from the broker’s own assets, in line with the regulations set by CySEC. This segregation of funds enhances financial security for clients.
A3: Ausprime has received mixed feedback regarding its withdrawal processes. While many users report that withdrawals are processed quickly, within the same day, there are also complaints about transparency and selective liquidation practices.
A4: You can contact Ausprime for support via phone at +357 25752420 or through email at info@ausprime.eu. They also have a contact form available on their website for client inquiries.
A5: Ausprime offers a diverse range of trading products, including over 70 forex pairs, metals, indices, and commodities. However, it does not provide trading options for stocks or cryptocurrencies.
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Risk Disclosure
Trading forex/CFDs via brokers carries high risks, including potential total loss. For any data changes, please refer to the latest information on the brokers' official websites. Trade with caution and seek independent advice.