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0 1 2 3 4 5 6 7 8 9
/10

Aurora Precious Metal

Singapore Singapore | 5-10 years |
Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

https://www.aurorapreciousmetal.com

Website

Rating Index

Contact

+65 8688-7272
https://www.aurorapreciousmetal.com
BLK 1003 Bukit Merah Central #06-39 Singapore 159836

license Forex License

No forex trading license found. Please be aware of the risks.

Company Profile 4
5-10 years
Questionable Regulatory License
Suspicious Operational Region
High Potential Risk
Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
3

Basic Information

Registered Region
Singapore
Operating Period
5-10 years
Company Name
AURORA PRECIOUS METAL INTERNATIONAL PTE LTD
Abbreviation
Aurora Precious Metal
Employees
--
Email
invest@aurorapreciousmetal.com
Contact Number
+6586887272
Address
BLK 1003 Bukit Merah Central #06-39 Singapore 159836
Verified Site
Relationship Map
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Employees
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Official Website

Verified Site

  • aurorapreciousmetal.com
    114.119.188.73
    Server Location
    Singapore Singapore
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
    Company
    --

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Aurora Precious Metal

Related Companies

AURORA PRECIOUS METAL INTERNATIONAL PTE. LTD.(Singapore)
Singapore
AURORA PRECIOUS METAL INTERNATIONAL PTE. LTD.(Singapore)
Active
Singapore
Registration No.201538784N
Est. Date
SourceOfficial Statement
Employees

Company Profile

Company Profile

Review summary

Note: Regrettably, the official website of Aurora Precious Metal, namely https://www.aurorapreciousmetal.com, is currently experiencing functionality issues.

Aurora Precious Metal Review Summary
Founded 2-5 years
Registered Country/Region Singapore
Regulation Unregulated
Market Instruments Precious metals
Demo Account N/A
Leverage N/A
EUR/ USD Spread N/A
Trading Platforms N/A
Minimum Deposit N/A
Customer Support Phone, email and Facebook

What is Aurora Precious Metal?

Aurora Precious Metal was founded 2-5 years ago and is registered in Singapore. However, it is important to note that the company is unregulated. Furthermore, their official website is inaccessible.

Pros & Cons

Pros Cons
N/A
  • Non-transparent trading conditions
  • Inaccessible website
  • Higher risk
  • Not regulated

Pros of Aurora Precious Metal:

N/A

Cons of Aurora Precious Metal:

- Non-transparent Trading Conditions: The lack of transparency in trading conditions can make it difficult for investors to understand the pricing mechanisms, fees, and other important factors that may impact their investments. This can potentially lead to unpleasant surprises or even losses.

- Inaccessible Website: An inaccessible website raises concerns about the company's reliability and professionalism. It can hinder communication, access to information, and the ability to monitor and manage investments effectively.

- Lack of Regulation: The fact that Aurora Precious Metal is not regulated raises red flags in terms of investor protection and oversight. Unregulated companies may operate with less supervision, increasing the risk of potential misconduct or fraudulent activities.

-Higher Risk: Investing in unregulated companies carries higher risk compared to regulated alternatives. Regulatory bodies enforce standards and regulations to protect investors, ensuring fair practices, transparency, and accountability.

Is Aurora Precious Metal Safe or Scam?

AURORA Precious Metal operates without any oversight or regulation from regulatory bodies. The company conducts its operations independently without adhering to industry guidelines or standards regarding precious metal investments. This lack of regulatory scrutiny raises concerns regarding the transparency and reliability of AURORA Precious Metals business practices.

No license

In addition to the lack of regulation and transparency, the fact that AURORA Precious Metal‘s official website is inaccessible further raises concerns about the reliability and credibility of the company’s trading platform.

If you are considering investing with Aurora Precious Metal, it is crucial to conduct thorough research and carefully evaluate the potential risks compared to the potential rewards before making any final decisions. In general, it is advisable to select brokers that are properly regulated to ensure the safety of your funds.

Trading Instruments

Aurora Precious Metal offers trade of precious metals. Trading in precious metals is a popular investment option that involves buying and selling various metals, such as gold, silver, platinum, and palladium.

Storing physical precious metals securely is a crucial aspect of the trade. Investors often choose to store their assets in secure vaults or with reputable custodians. Some trading platforms also offer digital storage options and certificates for metal ownership.

Customer Service

Customers can visit their office or get in touch with customer service line using the information provided below:

Telephone: +65 8688-7272

+66 2178-999-844

Email: invest@aurorapreciousmetal.com

Address: BLK 1003 Bukit Merah Central #06-39 Singapore 159836

Moreover, clients could get in touch with this broker through the social media, such as Facebook.

Conclusion

Aurora Precious Metal is a company that offers investment opportunities in precious metals. However, there are several concerns regarding its transparency, accessibility, and lack of regulation. it is advisable to exercise caution and conduct thorough due diligence before making any investment decisions. Seeking advice from a financial professional with expertise in precious metal investments is strongly recommended.

Frequently Asked Questions (FAQs)

Q 1: Is Aurora Precious Metal regulated?
A 1: No. It has been verified that this broker currently has no valid regulation.
Q 2: How can I contact the customer support team at Aurora Precious Metal?
A 2: You can contact via phone: +66 2178-999-844, email: invest@aurorapreciousmetal.com and Facebook.
Q 3: Is Aurora Precious Metal a good broker for beginners?
A 3: No. It is not a good choice for beginners. Not only because of its unregulated condition, but also because of its inaccessible website, which make trade not transparent and safe.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

Company Profile

  • 5-10 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

Wiki Q&A

Is Aurora Precious Metal a legitimate broker?

AURORA PRECIOUS METAL INTERNATIONAL PTE LTD, trading as Aurora Precious Metal, currently operates without holding any valid licenses from mainstream financial regulators. This constitutes a severe risk warning for potential clients, as it lacks credible regulatory oversight and standard investor protections.

04-02
United States

What is the license number of Aurora Precious Metal?

Aurora Precious Metal does not hold a verified license from a mainstream financial authority. It operates without the regulatory oversight typically associated with established brokerage firms.

04-02
United States

Where is Aurora Precious Metal registered?

The broker is registered in Singapore, operating under the company name AURORA PRECIOUS METAL INTERNATIONAL PTE LTD.

04-02
United States

How can I determine if a forex broker is regulated?

To determine whether a broker is regulated, the key is to verify whether it holds a valid financial license. Investors can check the license number and status through the official websites of regulatory authorities (such as Financial Conduct Authority, Australian Securities and Investments Commission) to confirm whether the license is real and under valid supervision. It should be noted that some brokers may engage in license cloning or unauthorized operations, meaning they use another company's license or provide services in regions where they are not authorized. These situations also involve risks. In addition, investors can use WikiFX to check the broker's regulatory status, historical records, and risk ratings as supporting reference, so as to evaluate its compliance more comprehensively.

04-02
United States

What does it mean if a broker holds multiple regulatory licenses?

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.

04-02
United States

Can I recover my funds if I have been scammed by a broker?

Recovering funds after investment fraud can be difficult, but taking timely action may still help recover part of the losses. It is recommended to take the following actions immediately: keep trading records, chat records, and other evidence; contact the bank to try to stop or freeze the payment; report the case to local law enforcement agencies. In addition, investors can also use WikiFX complaint and exposure channels to increase the visibility of problematic platforms and improve the efficiency of rights protection.

04-02
United States

How should I compare different forex brokers to find the best one?

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

04-02
United States

How is the WikiFX Score calculated?

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.

04-02
United States
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