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Is AussieTrust reliable?
Jack Dunk
Zimbabwe
Apr 16, 2023
ANSWER AussieTrust is not reliable since it is a non-regulated broker, despite the seemingly attractive deals it offers.As we tried to access this broker's website through the link you provided, we found the page is unavailable. That may indicate issues with AussieTrust's reliability and resources because a functioning website is necessary for providing crucial information including a broker's regulatory status and facilitating trading. This is a red flag. In addition, as per the information we have, AussieTrust has been listed as an unauthorized firm by the Financial Conduct Authority (FCA), and you can check relevant information here.Regarding your question, AussieTrust is an unreliable broker. Entrusting this broker to hold and control your funds or trading with it is highly risky, as there are no safeguards in place to prevent fraud or theft. Therefore, we strongly suggest investors avoid dealing with unlicensed brokers like AussieTrust and choose fully regulated ones instead.
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Can I still use Ausie Trust platform to trade if I resided outside of Australia?
SmithPerry
New Zealand
May 02, 2022
ANSWER AussieTrust doesn't fall under valid regulation and should be avoided at all events. AussieTrust claims to be a trusted broker while providing zero details of its regulation and company information. The lack of such information is always the biggest bad sign for potential traders. In addition, the UK regulator FCA has warned the public that AussieTrust is an unauthorized firm that may be providing financial services or products in the UK without permission. All evidence clearly shows that AussieTrust is not regulated or overseen by any financial regulator. That means investors' funds in this broker are unsafe and cannot be protected by any laws. Therefore, it might be a scam broker.We would recommend traders stay away from AussieTrust and any other unregulated brokers, since they are not subject to necessary laws and principles of operation, resulting in a high risk to trade with them.
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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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