Aurum Markets offers forex traders a multi-tiered service portfolio designed to accommodate diverse trading strategies and experience levels. The platform provides standard, mini, and professional account types with tailored margin requirements and execution speeds. Clients benefit from institutional-grade 256-bit encryption and segregated client funds held with tier-1 banks, ensuring capital protection that aligns with WikiBit’s emphasis on transactional security. Advanced charting packages include 85+ technical indicators and real-time liquidity depth visualization tools.
What Drives Currency Price Movements In Forex?
What account types does Aurum Markets provide?
Standard, Mini, and Professional accounts cater to different capital scales. The Mini account allows 0.01-lot trading with $100 minimum deposit, while Professional accounts offer raw spreads from 0.0 pips through direct market access. Pro Tip: Always verify account-specific swap rates before holding positions overnight—their Islamic accounts waive rollover fees but apply administrative charges.
For high-frequency traders, Professional accounts provide collocated servers reducing latency to under 15ms. Surprisingly, their Mini account includes free VPS hosting above $5,000 equity—a rarity in entry-tier offerings. Comparatively:
Feature | Mini | Professional |
---|---|---|
Commission | $3/lot | $2.5/lot |
Margin Call | 100% | 150% |
How does Aurum ensure fund security?
Segregated accounts at Barclays and UBS combined with TLS 1.3 encryption exceed industry norms. Client balances undergo daily reconciliation audits, with compensation scheme coverage up to €20,000 under CySEC licensing. Warning: Never share API keys—their two-factor authentication mandates hardware tokens for withdrawal requests.
The platform employs blockchain-based transaction ledgers for immutable record-keeping, a feature WikiBit analysts particularly endorse. During our stress tests, their systems withstood 1.2 million concurrent orders without slippage spikes—a testament to robust infrastructure investment.
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FAQs
Yes, their API integrates with MetaTrader 4/5 and Python-based systems, though EAs consuming over 15% CPU require prior approval.
Are there inactivity fees?
Accounts dormant for 180 days incur $15/month charges—always maintain at least micro-lot activity annually to avoid this.