Aetos group includes 2 related companies.
Aetos UK - located in the United Kingdom, regulated by the Financial Conduct Authority (FCA).
Aetos AU - located in Australia, regulated by Australian Securities and Investments Commission (ASIC).
Be aware, UK company has some trading restrictions because of the European Securities and Markets Authority (ESMA) influence.
Unfortunately, AU company also has been imposed with trading leverage limitations by ASIC since the end of March 2021.
Aetos group accepts clients from all over the world, excluding USA, Canada, New Zealand, Hong Kong, Japan and most European countries.
Forex broker offers the following underlying assets for trading.
25+ Currency Pairs | Based on major and minor world currencies. |
4 Indice Futures | Based on baskets of different blue-chip stocks. |
2 Metal Spot CFDs | Based on Gold and Silver. |
2 Energy Futures | Based on Crude Oil (Brent) and Copper. |
Aetos is a mainly Australian forex broker which today maintains offices in the United Kingdom, Australia, and China. The broker is regulated by national regulators in both the UK and Australia, which means that it is a solid and reputable broker that traders can trust will comply with the strictest of regulatory requirements. The broker is also a member of the Australian Financial Complaints Authority, which should give its clients even more peace of mind in the event of a dispute with the broker.
With a local support center set up in Hangzhou, China, the broker has a strong focus on the Chinese market. The website is also available in Chinese in addition to English to better serve the large Chinese trading community.
Aetos does certainly not have the largest selection of trading instruments out there, but it has instead chosen to focus on a handful of the most commonly traded forex pairs, as well as CFDs on a few popular commodities and stock indices. While this should be enough for most retail traders, it may not be sufficient for those who run trading strategies that depend on monitoring a large number of markets for specific set-ups.
In terms of trading platforms, Aetos has chosen to hold on to the traditional MetaTrader 4 & 5. Both platforms have an enormous following in the online trading community, although MT4 remains the more popular choice due to its large marketplace for automated trading strategies (“Expert Advisors”). In addition to the downloadable platform for desktop use, both platforms are also available in mobile versions for iPad, iPhone, and Android devices.
Aetos offers its clients the choice between a General Account and a Premium Account for trading on MetaTrader. Both account types support trading in all instruments, but the General Account is more suitable for beginners and smaller traders with a minimum trading size of just 0.01 lots and an initial deposit requirement of just 250 USD or AUD.
Although the Premium Accounts offer far more favorable trading conditions, the high initial deposit requirement of 20,000 Australian dollars makes it prohibitively expensive for most retail traders.
To fund a new trading account, the broker accepts payments via the well-known e-wallet services Skrill and Neteller, as well as regular bank transfer and major credit or debit cards. Bank wire deposits are processed free of charge, but a 3% service fee applies to all card payments. For withdrawals, only bank wire is available. The minimum initial deposit amount of 250 Australian dollars applies to all funding methods.
The broker operates with variable spreads on all trading pairs, with typical spreads for the popular EUR/USD pair on the General Account starting from 1.8 pips, and on the Premium Account starting from 0.8 pips. This is certainly not among the tightest spreads in the industry, but instead places Aetos in the mid-range among forex brokers in terms of spread.
Aetos regularly runs promotions and bonuses for new traders who sign up for a trading account, including welcome bonuses and referral bonuses. Free demo trading accounts are also available on occasion, although this is something we have come to expect from most brokers, and that should hardly be called a ‘promotion’.
The Aetos website includes an extensive FAQ section that provides answers to most questions a trader may have. For questions not covered here, the broker’s customer service is available via live chat, email, and phone, which is said to be open 24 hours a day on all trading days.