Based on looking at the website, Ausglobaluk.com appears to be a platform offering high-risk financial trading products such as foreign exchange, futures, and derivatives. These types of investments, particularly those involving leverage and speculative trading, are generally considered not permissible due to elements of riba interest, gharar excessive uncertainty or risk, and maysir gambling. The website explicitly states that these products involve “high risks due to the fluctuation in the value and prices of the underlying financial instruments” and that “you could sustain a loss of some or all of your initial investment,” which underscores the speculative nature that aligns with maysir. Furthermore, the use of leverage up to 500x introduces significant debt and potential interest-based transactions, which falls under riba.
Here’s an overall review summary:
- Product Offering: High-risk financial products Forex, Futures, Derivatives, Precious Metals, Stock Indexes, Commodities.
- Leverage: Up to 500x.
- Risk Disclosure: Explicitly warns of high potential risks and loss of initial investment.
- Regulatory Status: Claims multiple regulatory assurances ASIC, CySEC, SVGFSA, FSCA, SCA, FSC.
- Ethical Consideration Islam: Not recommended due to inherent elements of riba, gharar, and maysir.
- Target Audience: Global customers, but restricts services in certain jurisdictions like the US, Cuba, Belgium, and North Korea.
- Transparency: Provides extensive compliance disclosures and risk warnings.
The platform’s emphasis on high leverage and the speculative nature of its offerings directly contradicts Islamic financial principles.
Islamic finance stresses ethical investments that are asset-backed, involve real economic activity, and share risk and reward rather than transferring risk to one party through speculative contracts or interest-bearing transactions.
While the website presents itself as a legitimate financial entity with various regulatory bodies, the fundamental nature of its primary services remains problematic from an Islamic perspective.
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Engaging in such transactions can lead to unpredictable outcomes and can involve mechanisms that are not aligned with a just and equitable financial system.
Instead of engaging in speculative trading, consider investing in ethical and halal alternatives that offer genuine value and avoid the pitfalls of riba, gharar, and maysir.
These alternatives focus on real asset ownership, productive ventures, and genuine risk-sharing.
Here are some ethical alternatives that align with Islamic principles:
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Real Estate Investment Trusts REITs:
- Product Name: Halal REITs
- Key Features: Invests in income-generating real estate e.g., apartments, offices, retail centers. Offers diversification and potential for regular income and capital appreciation.
- Average Price: Varies based on share price, often accessible for small investments.
- Pros: Tangible assets, potential for steady income, diversification from traditional markets, often managed professionally.
- Cons: Illiquidity compared to stocks, market and interest rate risks, specific REITs need vetting for halal compliance.
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Ethical Mutual Funds or ETFs:
- Product Name: Shariah-Compliant ETFs
- Key Features: Funds that invest in a diversified portfolio of companies screened for Shariah compliance e.g., avoiding alcohol, gambling, interest-based finance.
- Average Price: Varies, typically low expense ratios.
- Pros: Professional management, diversification, aligns with ethical principles, accessible for various investment sizes.
- Cons: May have fewer options than conventional funds, expense ratios still apply, market risk.
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Sustainable Agriculture Ventures:
- Product Name: Sustainable Agriculture Investment Platforms
- Key Features: Direct investment in agricultural projects or related businesses focusing on sustainable practices.
- Average Price: Varies widely, often requiring higher minimums for direct investment.
- Pros: Supports real economic activity, positive societal impact, potential for long-term growth, aligned with ethical values.
- Cons: Higher risk due to dependence on natural factors, less liquidity, requires thorough due diligence on specific projects.
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Halal Equity Crowdfunding Platforms:
- Product Name: Ethical Crowdfunding
- Key Features: Invest in early-stage, Shariah-compliant businesses that need capital, sharing in their growth and potential profits.
- Average Price: Varies, often starting from a few hundred dollars.
- Pros: Direct investment in real businesses, potential for high returns if the business succeeds, supports innovation.
- Cons: High risk of failure for startups, illiquidity, requires careful research into each business.
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Commodity-Backed Investments excluding speculative derivatives:
- Product Name: Physical Gold and Silver Bullion
- Key Features: Direct ownership of physical commodities like gold or silver, offering a hedge against inflation and economic uncertainty.
- Average Price: Fluctuates with market prices, can be purchased in various denominations e.g., coins, bars.
- Pros: Tangible asset, wealth preservation, historical store of value.
- Cons: Storage costs, no income generation, price volatility.
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Microfinance Initiatives Halal models:
- Product Name: Ethical Microfinance Organizations
- Key Features: Lending small amounts to low-income individuals or groups to help them become self-sufficient, structured without interest.
- Average Price: Small contributions possible.
- Pros: Significant social impact, helps alleviate poverty, direct ethical investment.
- Cons: May not offer financial returns to investors often philanthropic, higher administrative overhead.
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Ethical Sukuk Islamic Bonds:
- Product Name: Shariah Compliant Sukuk
- Key Features: Asset-backed Islamic financial certificates representing ownership in tangible assets or specific projects, providing a share of profits from the underlying asset.
- Average Price: Varies greatly based on the issuance.
- Pros: Generally less risky than equities, provides regular income, asset-backed, Shariah-compliant.
- Cons: Limited availability compared to conventional bonds, requires understanding of specific Sukuk structures.
Find detailed reviews on Trustpilot, Reddit, and BBB.org, for software products you can also check Producthunt.
IMPORTANT: We have not personally tested this company’s services. This review is based solely on information provided by the company on their website. For independent, verified user experiences, please refer to trusted sources such as Trustpilot, Reddit, and BBB.org.
Ausglobaluk.com: A Deep Dive into a High-Risk Trading Platform
Alright, let’s cut to the chase and dissect Ausglobaluk.com. When you land on this site, it’s clear they’re in the business of high-stakes financial trading. We’re talking foreign exchange Forex, futures, derivatives, and more. From a practical, no-nonsense standpoint, and certainly from an ethical lens, especially in the context of Islamic finance, this type of platform raises significant red flags. Why? Because the very nature of these products often involves elements that are considered impermissible, primarily due to the presence of riba interest, gharar excessive uncertainty, and maysir gambling.
Ausglobaluk.com Review & First Look
Upon first glance, Ausglobaluk.com presents itself as a robust, globally regulated trading platform.
They’ve got the slick interface, the claims of “top-notch trading environment,” and a laundry list of “Multiple Regulatory Assurance” from bodies like Australian ASIC, Cyprus CySEC, and more.
They boast “Extremely Fast Trading” 99.9% of orders executed within 10 milliseconds and “Ultra-Low Spreads.” Sounds impressive, right? But hold on.
The most prominent feature, the one they put right upfront, is their “Compliance Disclosure,” which is crucial. Eastcoastcollectorsservice.com Review
It explicitly states that “Foreign Exchange, Futures, Derivatives and other financial products involves high risks due to the fluctuation in the value and prices of the underlying financial instruments.” This isn’t just boilerplate. it’s the core truth of what they offer.
- Core Business: Facilitating high-risk speculative trading in various financial instruments.
- User Interface: Clean design, with clear navigation and prominent disclosures.
- Geographic Restrictions: Notably excludes services for individuals and companies in jurisdictions like the United States, Cuba, Belgium, and North Korea, which is standard for regulated financial entities, but still limits accessibility for a significant global segment.
- Regulatory Claims: A broad list of regulators provides a veneer of legitimacy, but the actual protection depends on the specific entity chosen and the local laws.
Ausglobaluk.com Pros & Cons
When evaluating a platform like Ausglobaluk.com, it’s essential to weigh the perceived advantages against the very real and ethical disadvantages.
From an Islamic finance perspective, the “cons” heavily outweigh any “pros” related to potential financial gain, as the underlying mechanisms are problematic.
Potential “Pros” from a conventional trading viewpoint, but ethically problematic
- Wide Range of Trading Products: They offer foreign exchange, precious metals, stock indexes, and commodities, providing diversified options for conventional traders.
- High Leverage Options: Up to 500x leverage is advertised, which conventionally attracts traders looking to maximize potential profits with minimal capital.
- Multiple Regulatory Assurances: The claim of being regulated by several international financial institutions might instill a sense of security for some users regarding oversight.
- Fast Execution and Low Spreads: These are attractive features for active traders seeking efficient and cost-effective transactions.
- Global Presence: With offices in numerous countries, they project an image of a well-established international operation.
Significant Cons Ethical and Financial Risks
- Inherent Riba Interest: The use of leverage, especially high leverage like 500x, often involves borrowing funds on interest, whether explicit or implicit in the overnight funding rates swaps for holding positions. This is a direct violation of Islamic financial principles.
- Gharar Excessive Uncertainty/Risk: Trading in highly volatile instruments like Forex and derivatives, particularly with high leverage, is inherently speculative. The outcome is highly uncertain, and the risk of complete capital loss is explicitly stated. This level of uncertainty goes beyond acceptable commercial risk in Islamic finance.
- Maysir Gambling: The high-stakes, speculative nature of leveraged trading, where profit is often gained from another’s loss with little real economic contribution, closely resembles gambling. The promotions like “flip the cards to win grand prizes” or “Lucky Wheel Activity” further reinforce a gambling mindset, even if intended as marketing.
- High Capital Loss Risk: The website itself warns, “you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.” This isn’t a minor detail. it’s a fundamental risk for all users.
- Promotional Tactics: The inclusion of “Lucky Card” and “Lucky Wheel” activities, especially tied to events like Eid al-Adha and Eid al-Fitr, might appear as enticing promotions but they subtly encourage a game-of-chance mentality that clashes with Islamic principles of earning wealth through legitimate means.
- Lack of Transparency in Real Economic Activity: Unlike investments in tangible assets or productive enterprises, Forex and derivatives trading often involves purely financial speculation without a direct link to real economic value creation.
How to Cancel Ausglobaluk.com Subscription or disengage from such platforms
Given the serious ethical concerns surrounding platforms like Ausglobaluk.com, the most prudent approach is to avoid engaging with them in the first place.
However, for those who may have already opened an account or are considering it, understanding how to disengage is crucial. Sunpie.co Review
Since “subscription” isn’t the typical term for a trading account, we’re talking about closing your account and withdrawing funds.
- Initiate Account Closure: Typically, you would log into your client portal or “member area” on the Ausglobaluk.com website. Look for sections like “Account Management,” “Profile Settings,” or “Withdrawal/Closure.”
- Withdraw Funds: Before attempting to close, ensure all your funds are withdrawn. This process usually involves submitting a withdrawal request through their platform. Be aware of any minimum withdrawal amounts, processing fees, or waiting periods. The site mentions “Diversified Deposit and Withdrawal of Funds” supporting various methods Visa, MasterCard, Wire Transfer and currencies.
- Contact Customer Support: If you encounter any difficulties or cannot find the option to close your account online, the next step is to contact their customer support. They might have a dedicated email address, phone number, or live chat. Clearly state your intention to close your account and request assistance with the process.
- Documentation: Be prepared to provide any necessary identification or account verification documents, as this is standard for financial institutions for security and compliance reasons.
- Confirm Closure: Once you’ve initiated the closure and withdrawn your funds, ask for a confirmation email or document stating that your account has been successfully closed. This provides a record for your peace of mind.
- Ethical Disengagement: Beyond the technical steps, for those adhering to Islamic principles, this disengagement is a step towards purifying one’s financial dealings from impermissible elements.
Ausglobaluk.com Pricing and Account Types
Ausglobaluk.com offers various account types, each with differing transaction costs and minimum deposit requirements.
This tiered structure is common in the trading industry, aiming to cater to different levels of traders.
However, irrespective of the account type, the underlying activities remain ethically questionable.
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STP Account: Tippytoad.com Review
- Currency: USD
- Minimum Deposit: $50
- Transaction Cost: HIGH
- Free Demo: YES
- Note: STP Straight Through Processing accounts typically route orders directly to liquidity providers, reducing potential conflicts of interest for the broker but not eliminating the inherent risks of leveraged trading.
-
ECN Account:
- Transaction Cost: MEDIUM
- Note: ECN Electronic Communication Network accounts usually offer tighter spreads by matching orders directly between participants, but often involve commissions. The “medium” transaction cost suggests this.
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CLA Account:
- Transaction Cost: LOW
- Note: The “CLA” account type isn’t standard terminology in conventional Forex. It might be a proprietary term or an abbreviation for a specific internal processing model. “Low” transaction cost usually implies either wider spreads or higher commissions.
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VIP Account:
- Minimum Deposit: $10,000
- Transaction Cost: ULTRA LOW
- Free Demo: NO
- Note: This account is clearly for higher-volume or more affluent traders, offering the lowest transaction costs, likely in exchange for a substantial initial deposit. The absence of a free demo for a VIP account is unusual, as even experienced traders might want to test the specific conditions before committing.
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General Pricing Considerations:
- Spreads: The difference between the buy and sell price of a currency pair. Ausglobaluk.com boasts “Ultra-Low Spreads.”
- Commissions: Some account types especially ECN charge a commission per trade.
- Swap/Rollover Fees: These are interest-based fees charged or paid for holding positions overnight. This is a critical point of concern from an Islamic perspective, as these are forms of riba.
- Deposit/Withdrawal Fees: While the site mentions “Diversified Deposit and Withdrawal of Funds,” it’s crucial to check if any fees are levied for these transactions.
Even with “ultra-low spreads” and varied account types, the foundational issue of engaging in interest-based and speculative transactions remains. Straight-commerce.com Review
For those seeking ethical alternatives, these pricing structures and models simply highlight the conventional financial framework that is to be avoided.
Ausglobaluk.com vs. Ethical Financial Alternatives
When we stack Ausglobaluk.com against ethical financial alternatives, it’s not really a fair fight—they operate on fundamentally different principles.
Ausglobaluk.com, and platforms like it, are built on leveraging and speculation, aiming for rapid and often volatile gains from price movements.
Ethical alternatives, particularly those aligned with Islamic finance, focus on stability, real economic activity, and shared risk.
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Ausglobaluk.com’s Model: Varnail.com Review
- Focus: Short-term gains from market fluctuations.
- Mechanism: Leverage, derivatives, forex—all inherently speculative.
- Risk Profile: High risk of substantial capital loss, as clearly stated by the platform itself.
- Ethical Stance: Problematic due to riba interest on leverage/swaps, gharar excessive uncertainty, and maysir gambling-like nature.
- Income Generation: Primarily through price speculation, often zero-sum in nature where one’s gain is another’s loss.
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Ethical Financial Alternatives e.g., Halal Investing:
- Focus: Long-term wealth creation, real asset ownership, and productive economic activity.
- Mechanism: Investments in Shariah-compliant businesses equities, tangible assets real estate, commodities, ethical funds, or profit-sharing ventures.
- Risk Profile: Risks are inherent in any investment but are managed through diversification, real asset backing, and avoidance of excessive speculation.
- Ethical Stance: Strict adherence to principles that avoid riba, gharar, maysir, and unethical industries like alcohol, gambling, arms.
- Income Generation: From legitimate profits, dividends, rental income, or returns from productive economic activity.
Key Differences Illustrated:
Feature | Ausglobaluk.com Forex/Derivatives | Ethical Financial Alternatives Halal Investing |
---|---|---|
Core Activity | Speculation on price movements, leveraged trading | Investment in real assets, Shariah-compliant businesses, ethical funds |
Leverage | High up to 500x, often involves interest/swaps | Avoided or used in a limited, Shariah-compliant manner e.g., murabaha |
Risk | High, potential for total capital loss | Managed, linked to real asset performance, diversified |
Ethical Alignment | Conflicts with principles of riba, gharar, maysir | Strict adherence to Islamic ethical principles |
Transparency | Market commentary, risk disclosures but not on underlying ethical issues | Clear screening criteria, focus on tangible value creation |
Economic Contribution | Limited to market liquidity, often zero-sum game | Supports real businesses, job creation, sustainable development |
Ultimately, for anyone prioritizing ethical financial practices, especially in the context of Islamic finance, platforms like Ausglobaluk.com simply don’t fit the bill.
The allure of quick profits on such platforms is a mirage that often leads to significant losses, both financial and spiritual.
The alternative path, while potentially less flashy, offers enduring growth and aligns with principles of justice and integrity. Att.com Review
Ausglobaluk.com Security Center and Fraud Prevention While Still Problematic
Ausglobaluk.com does feature a “Security Center” and publishes articles on “Fraud Prevention,” warning users about fake websites and phishing scams.
This is a standard and necessary practice for any online financial platform.
They advise users on how to guard against illegal phishing websites and how investors should take safety precautions.
- User Advisories: They specifically warn about “Fake AUS GLOBAL Websites Exposed” and “Counterfeit Forex APP scams,” indicating an awareness of external threats to their brand and users.
- Security Measures: While the website text doesn’t detail their internal security infrastructure e.g., encryption, two-factor authentication, the presence of a security center suggests they at least acknowledge the importance of protecting user data and funds from external fraud.
- Investor Education: They publish articles on topics like “How should investors take safety precautions when they invest in foreign exchange,” which is a positive step in user education, regardless of the underlying ethical permissibility of their services.
- Personal Information Protection: They advise users to keep personal information such as ID, registered email, username, and login password secure.
However, it’s crucial to understand a key distinction here: While Ausglobaluk.com may implement security measures to protect users from external fraud like phishing or imposter sites, these measures do not mitigate the inherent financial and ethical risks associated with their core product offerings.
- Risk of Loss: No amount of cybersecurity can protect you from losing money due to market volatility or the nature of leveraged trading. The platform explicitly states this inherent risk.
- Ethical Compromise: Even if your account is perfectly secure from hackers, engaging in transactions that involve riba, gharar, or maysir remains ethically problematic from an Islamic finance standpoint. The “Security Center” doesn’t address this fundamental issue.
- The “Scam” Paradox: While warning against scams, the products themselves can lead to financial devastation for individuals who don’t understand the severe risks, which, from an ethical perspective, is a significant concern.
So, while it’s good that they address cybersecurity, it’s essential not to conflate this with the safety or ethical permissibility of their financial products. One protects against external malicious actors. Shopcider.com Review
The other concerns the fundamental nature of the transaction itself.
Ausglobaluk.com Media Mentions and Partnerships A Public Relations Play
Ausglobaluk.com heavily features news about its participation in high-profile events, partnerships, and awards.
This is a common public relations strategy to build credibility and brand recognition.
However, the nature of these mentions should be critically examined.
- High-Profile Events: The website proudly announces its attendance at events hosted by figures like Donald J. Trump and Prince William’s charity gala. Such mentions aim to associate the brand with influential personalities and established institutions, implying legitimacy and prestige.
- Partnerships: They highlight partnerships with entities like the United Nations for “Global Sustainable Development” and sports teams Real Betis Balompié, GRESINI MotoGP team. While these partnerships might seem impressive, it’s important to remember that these are often commercial sponsorships and do not necessarily endorse the ethical or financial soundness of the trading activities. A sports team or even a charitable organization might accept sponsorship without vetting the Islamic compliance of a financial firm’s core business model.
- Awards and Recognition: Ausglobaluk.com lists a vast array of awards, such as “Best Electronic Money Institution,” “Most Popular Forex Broker,” “Best Market Maker,” and “Best Trading Platform.” These awards are often given by industry publications or at financial expos. While they indicate recognition within the conventional forex trading industry, they do not speak to the ethical permissibility of the platform’s services from an Islamic perspective. Many of these awards focus on operational efficiency, popularity, or specific technical aspects like spread or execution speed, not on the underlying moral or ethical implications of the financial instruments offered.
- Media Coverage: The site also includes what appears to be general market news and analysis from conventional financial markets e.g., Apple shares, Tesla, gold prices, UK retail sales. This content aims to position Ausglobaluk.com as a source of market intelligence and a relevant player in global finance.
The Reality Check: Goodcar.com Review
While these media mentions and partnerships create an aura of success and reliability, they are fundamentally public relations tools.
They do not validate the ethical soundness of the speculative, leveraged financial products offered by Ausglobaluk.com.
A company can be widely recognized in its industry and still operate in a manner that conflicts with Islamic financial principles.
For individuals seeking genuinely ethical financial avenues, these accolades are largely irrelevant, as they don’t address the core issues of riba, gharar, and maysir.
Ausglobaluk.com Customer Support and Global Reach
Ausglobaluk.com emphasizes its “Professional Team” of “more than 500 professionals” and boasts “Customers Around The World” in “100+ Countries.” They also list “50+ AUS Global’s world wide offices” in diverse locations like Sydney, Dubai, Turkey, Mauritius, India, South Africa, and more. Americanlogopros.com Review
This suggests a significant investment in global infrastructure and customer service.
- Accessibility: The website includes a “Contact” and “Feedback” section with fields for name, email, and phone, and an option to “Please call me back.” This indicates multiple avenues for direct communication with their support team.
- Multi-Currency Support: They support deposits and withdrawals in various currencies including EUR, USD, GBP, CNY, AUD, JPY, NZD, and AED, highlighting their global focus and convenience for international customers.
- Office Network: The extensive list of global offices, while impressive on paper, also points to the complexities of international financial operations and regulatory compliance across different jurisdictions.
- Social Trading: The mention of “Social Trading” via “AUS SOCIAL, powered by Pelican Trading” with mobile apps on Android and iOS indicates a feature designed to engage users through community interaction, strategy sharing, and copy-trading. This is a modern trend in conventional trading that aims to democratize access to trading strategies.
Considerations for Ethical Users:
While strong customer support and global reach are generally positive aspects for any service, for a platform like Ausglobaluk.com, they merely facilitate engagement with problematic financial instruments.
- Facilitation of Haram: A highly responsive customer support team, while convenient, doesn’t change the fact that the underlying transactions leveraged forex, derivatives may still be considered impermissible.
- “Social Trading” Concerns: The “Social Trading” feature, where users can “automatically copy their trades” from “specific traders with high rankings,” can further amplify the element of gharar and maysir. It encourages following speculative strategies without necessarily understanding the inherent risks or the ethical implications of the trades being copied. It can also create a herd mentality, leading to significant collective losses.
- Regulatory Loophole Potential: A wide global presence with various regulated entities means users’ rights and obligations are determined by the specific entity they choose. This decentralization, while legally sound for the firm, can be confusing for clients and may expose them to different levels of consumer protection depending on the regulatory body.
In essence, while Ausglobaluk.com may offer a professionally managed and globally accessible platform with decent customer support, these operational strengths are channeled towards activities that are fundamentally at odds with Islamic financial principles.
For those prioritizing ethical conduct, no amount of customer service can rectify the inherent issues of riba, gharar, and maysir. Prioritypass.com Review
FAQ
What is Ausglobaluk.com?
Ausglobaluk.com is an online platform that facilitates trading in high-risk financial products, including foreign exchange Forex, futures, derivatives, precious metals, stock indexes, and commodities, offering leverage options up to 500x.
Is Ausglobaluk.com legitimate?
Ausglobaluk.com presents itself as a legitimate financial entity claiming multiple regulatory assurances from bodies like Australian ASIC, Cyprus CySEC, and others.
However, “legitimate” in the conventional sense does not equate to “ethically permissible” from an Islamic finance perspective due to the nature of its high-risk, leveraged trading products. Fixed.net Review
What types of financial products does Ausglobaluk.com offer?
Ausglobaluk.com offers a variety of financial products including foreign exchange, precious metals, stock indexes, and commodities.
These are typically traded as derivatives or leveraged contracts, not direct ownership of physical assets.
Does Ausglobaluk.com offer high leverage?
Yes, Ausglobaluk.com explicitly states it offers “Leverage Up To 500x,” allowing traders to control large positions with minimal initial capital.
What are the risks of trading on Ausglobaluk.com?
The website itself warns of “high risks due to the fluctuation in the value and prices of the underlying financial instruments” and the possibility of sustaining “a loss of some or all of your initial investment.”
Does Ausglobaluk.com have multiple regulatory assurances?
Yes, Ausglobaluk.com claims to be strictly regulated by multinational financial institutions such as Australian ASIC, Cyprus CySEC, Saint Vincent and the Grenadines SVGFSA, South Africa FSCA, United Arab Emirates SCA, and Mauritius FSC. Iolo.com Review
Are there geographical restrictions for using Ausglobaluk.com services?
Yes, Ausglobaluk.com states it does not provide services to individuals and companies in certain jurisdictions, including but not limited to the United States, Cuba, Belgium, and North Korea.
What are the different account types offered by Ausglobaluk.com?
Ausglobaluk.com offers various account types including STP Account, ECN Account, CLA Account, and VIP Account, each with different minimum deposit requirements and transaction costs.
What is the minimum deposit for most Ausglobaluk.com accounts?
For STP, ECN, and CLA accounts, the minimum deposit is $50. The VIP Account requires a higher minimum deposit of $10,000.
Does Ausglobaluk.com offer a demo account?
Yes, Ausglobaluk.com offers free demo accounts for STP, ECN, and CLA account types, but not for the VIP Account.
What is “Social Trading” on Ausglobaluk.com?
“Social Trading” on Ausglobaluk.com, powered by Pelican Trading, allows traders and investors to publish strategies, share ideas, and connect their real accounts to copy trades from specific high-ranking traders. Dormeousa.com Review
Are there any promotions or events on Ausglobaluk.com?
Yes, Ausglobaluk.com runs various promotions and events such as “Lucky Card” and “Lucky Wheel Activity” to attract and retain customers, sometimes tied to holidays like Eid al-Adha and Christmas.
How fast is trade execution on Ausglobaluk.com?
Ausglobaluk.com claims “Extremely Fast Trading,” with 99.9% of trade orders executed within 10 milliseconds.
What are the transaction costs on Ausglobaluk.com?
Transaction costs vary by account type, with STP being “HIGH,” ECN “MEDIUM,” CLA “LOW,” and VIP “ULTRA LOW.” These typically refer to spreads and potentially commissions.
Does Ausglobaluk.com have physical offices globally?
Yes, Ausglobaluk.com states it has “50+ AUS Global’s world wide offices” in various locations such as Sydney, Dubai, Turkey, Mauritius, Thailand, Malaysia, and others.
How does Ausglobaluk.com handle security and fraud prevention?
Ausglobaluk.com has a “Security Center” and publishes advisories on “Fraud Prevention,” warning about fake websites, phishing scams, and providing tips for investors to take safety precautions. Univers-gant.com Review
What is the nature of Ausglobaluk.com’s partnerships and media mentions?
Ausglobaluk.com highlights partnerships with organizations like the United Nations and sports teams, and mentions participation in high-profile events and industry awards, largely for public relations and brand building.
Does Ausglobaluk.com support multiple currencies for deposits and withdrawals?
Yes, Ausglobaluk.com supports deposits and withdrawals in multiple currencies including EUR, USD, GBP, CNY, AUD, JPY, NZD, and AED, aiming for convenience for global customers.
What is the main concern with Ausglobaluk.com from an Islamic finance perspective?
The main concern is that the core financial products offered leveraged Forex, derivatives often involve elements of riba interest through swaps and financing charges, gharar excessive uncertainty due to high speculation, and maysir gambling due to their zero-sum, unpredictable nature.
What are some ethical alternatives to platforms like Ausglobaluk.com?
Ethical alternatives include investing in Halal REITs, Shariah-Compliant ETFs, sustainable agriculture ventures, ethical crowdfunding, physical gold and silver bullion, ethical microfinance initiatives, and Shariah Compliant Sukuk.
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