Accepts US Clients: No
Min. Deposit: 250
Platforms: Mobile Trader , MT4 , Webtrader
|Type of Broker||STP , DMA|
|Islamic Account (Swap Free)|
|Deposit Options||Bank Wire Transfer , Cash-U , Credit Card|
|Withdrawal Options||Bank Wire Transfer , Credit Card|
Bonus & Rewards
|No Deposit Bonus|
|Bonus for First Deposit|
|Is the Bonus Based on the Volume of the Transaction?|
|Platform Type||Mobile Trader, MT4, Webtrader|
|Platform Languages||English, Russian, French|
|OS Compatibility||iOS , Windows|
|Streaming News Feed|
|Trade From Charts|
|Guaranteed Stop Loss|
|Guaranteed Limit Orders|
|Interest on Margin|
|Customer Support Languages||English, Russian, French|
|Customer Service Hours||24h|
|Place Trades Over the Phone?|
AzuraMarkets - Review
Azura Markets is a new online forex broker that is based out of New Zealand. The broker was established under the New Zealand Companies Act (1993) by experienced individuals in the financial industry in order to give traders a platform to trade forex conveniently and safely.
Registered with the Financial Services Provider Register (FSPR), Azura Markets (FSPR Num: 348606) comes under the oversight of New Zealand’s Financial Market Authority (FMA). As a member of the New Zealand Insurance & Savings Ombudsman Scheme Inc, traders of Azura Markets has access to an independent Dispute Resolution (EDR) scheme should there be any disagreement between them and Azura Markets.
Azura Markets offer their clients four different types of trading platforms to choose from. These include:
- Azura Markets MetaTrader 4 Client Terminal (MT4)
Industry standard trading platform with advanced trading tools
Fully customizable for experienced traders
- WebTrader/Mobile Platform
Web based and accessible to mobile devices with the installation of apps
Feature real time trading coupled with an advanced charting package
- MYFX Console
An add-on console to the already robust MT4 platform, the MYFX console helps to trading easier by presenting all the relevant trading information is a clear and concise manner. It is provided free to traders who opened a standard trading account at Azura Markets.
- MAM Trading Tools
For asset managers, Azura Markets also provide them with an ideal solution for managing multiple accounts. With Azura Markets MAM solution, asset managers can monitor several accounts simultaneously under a single master account. This helps to enhance their overall efficiency and trading performance.
Trading account types at Azura Markets comes in the form of:
- Mini Account (Minimum Deposit $250)
Web & Mobile Trader Platform only
No 5/10 lot bonus
- Standard Account (Minimum Deposit $1000)
Access of all types of trading platform
5 Lots Bonus
- King Account (Minimum Deposit $10,000)
All of the above mentioned benefits
One to one coaching
10 Lots Bonus
Commission & Spreads
Like most forex brokers, Azura Markets doesn’t charge their clients for the provision of their services. Instead, traders are just required to pay a slightly wider spread on their trades. For example with forex transactions, traders pay a minimum spread of 0.9 on the EUR/USD forex pair.
Azura Markets understand the importance of prompt customer service so their clients can spend their time concentrating on their trading. To help facilitate access to the support team, Azura Markets have provided their clients with multiple channels of communication. Communication with customer support can be done through email, live chat, Skype and the telephone on a 24/5 basis. A reply, if not immediately, is guaranteed within 12 to 24 hours.
Reliability of Azura Markets
Azura Markets has always pride itself as a responsible and reliable broker. One of the ways which Azura Markets establishes its professionalism is by having an independent third party dispute resolution scheme. This helps to ensure that any dispute between a client and Azura Markets is resolved fairly and transparently.
Another factor which shines favourably upon Azura Markets is the fact that all clients’ funds are kept separately from the broker’s own funds. This prevents creditors from staking a claim of the clients’ funds should ever Azura Markets become insolvent.
- Attractive Bonuses
- No Requotes Policy
- Same Day Withdrawal Processing
- Segregated Funds
- Member of Dispute Resolution Scheme
- Efficient 24/5 Customer Support
- Tight Spreads Starting From 0.9 Pip
Lack of trading platform choices for Mini trading account holder
Despite being a relatively new broker, Azura Markets have shown itself to consistent in its approach in projecting a professional image. The quality of their services is also quite satisfactory and can be said to even rank better than some of the more established brokers around. So if you are in the market for a new broker who demonstrates a high degree of professionalism, then you might want to give Azura Markets a try.