AETOS Review 2023


3.5 / 5
AETOS is #15 in our CFD broker rankings.

My tests have found that Aetos would be ideal for experienced traders seeking MAM/PAMM accounts or copy trading leader opportunities. Seasoned investors should also appreciate the advanced tools on offer, including a VPS and Autochartist. With that said, forex spreads in the Advanced account aren't very competitive, starting at 1.2 pips.

- Daytrading Review Team

Aetos is an international forex and CFD broker founded in 2007. Headquartered in Sydney, the broker is licensed by the ASIC, FCA and VFSC and has a global client base in over 100 countries. The firm offers the MetaTrader 4 platform and the minimum deposit to get started is $50.


Trusted

Demo Account

Copy Trading

MetaTrader 4
$50
MT4, AutoChartist
Forex, energies, precious metals, indices, share CFDs
Joining bonus up to $20,000
USD, EUR, GBP, AUD
Neteller, Wire Transfer, Skrill, Visa
Forex Trading

My tests uncovered only 27 currency pairs at Aetos, which is below the industry average. Leverage is available up to 1:200 for Australian clients but I’m not overly impressed with the 1.8-pip average spreads for EUR/USD. Top competitors typically offer the same pair for around 1 pip in a standard-level account.

Stock Trading

I was equally disappointed in the small range of 21 major US shares at Aetos, although commissions are low at 2.5 US cents per lot. I was pleased to see 18 cash and futures indices, which allows for a little more diversification, plus traders get access to the popular analysis tool, AutoChartist.

CFD Trading

CFDs are available to trade manually in the MT4 platform, or via the broker’s copy trading solution which allows you to automatically copy other strategies. I also appreciate that the broker offers a demo account with $10,000 in virtual funds so you can practice CFD trading strategies risk-free.

Copy Trading

Aetos offers a proprietary copy trading solution which allows you to save time and automatically copy the trades of other users. You can view useful profitability stats of each 'master' trader before subscribing, and I like that parameters including stop loss and take profit are flexible.

✓ Pros

  • I’m happy with the broker’s regulatory status, with top-tier licensing from the UK’s FCA and ASIC. This means traders can access compensation schemes and negative balance protection
  • High leverage is available for experienced traders at the Australian branch, up to 1:200. I also found MAM and PAMM accounts are available for eligible money managers
  • Beginners should appreciate the free $10,000 demo account and I like that there’s also a copy trading solution for those who want to follow the strategies of others
  • Alongside the trusted MT4 terminal, I was pleased to see the AutoChartist market analysis and signals tool available for clients

✗ Cons

  • I’m a little disappointed in the small range of assets available at Aetos, with even fewer markets available for UK clients. I would have liked to see a wider range of currency pairs and shares, for example
  • The demo account has a time limit of just 14 days, which I don’t feel is enough for beginners to get acquainted with the platform and test out their first strategies
  • It would have also been nice to see a wider choice of platforms for clients and perhaps a bespoke solution

AETOS offers forex and CFD trading on energies, indices and metals. This review focuses on the broker’s product range and MT4 trading platform, plus the deposit joining bonus. Learn more about AETOS and decide whether this broker is right for you.

AETOS Details

The AETOS group was set up in 2007 and includes the Australian-based AETOS Capital Pty Group Ltd, regulated by the Australian Securities and Investment Commission (ASIC) and the UK-based AETOS Capital Group (UK) Ltd, regulated by the Financial Conduct Authority (FCA). AETOS Markets Ltd is regulated by the Vanuatu Financial Services Commission (VFSC).

The broker has offices in Sydney and London and provides financial services to residents in over 100 countries.

Trading Platforms

Clients with AETOS login credentials can access the financial markets using MetaTrader 4 (MT4), which is an industry-leading technology designed to optimise the trading experience.

MT4

MT4 is a hugely popular trading platform suited to traders with a variety of experience levels. This platform is delivered as downloadable software with one-click trading and offers:

AETOS MT4
AETOS MT4

The MT4 platform can also be accessed from a browser via the MT4 WebTrader. This offers the same advanced level of technical and drawing options, plus the full suite of trading operations from the native platform. The web platform is ideal for convenient trading and ensures robust data protection.

Assets

The broker offers trading on a range of prime assets:

Although AETOS offers a good selection of financial instruments, its rank in our review could be bettered with the addition of cryptocurrency trading.

Trading Fees

AETOS offers relatively low-cost trading and tight spreads. For the general account, the typical EUR/USD spread is 1.8 pips which drops to 1.2 pips with the advanced account. For the FTSE100 index futures CFD, the typical spread is 25 pips with both live accounts.

The broker also charges an overnight open position fee, which is fairly standard in the industry. This review would have liked to see lower spreads offered for the advanced account type, as other large brokers offer close-to-zero spreads.

Leverage Review

Both branches of AETOS offer leveraged trading. The Australia-based arm offers leverage up to 1:200 for forex and between 1:100 and 1:400 for energy, indices, metals, and shares. The UK-based branch offers maximum leverage of 1:30 on their products, depending on volatility, in line with European guidelines.

Mobile Apps

The MT4 platform is available as a mobile app on Android, iPhone and tablet devices. Clients can trade in a single click and enjoy excellent functionality comparable with the desktop version.

AETOS mobile app
AETOS mobile app

Payments

Deposits

AETOS traders have to deposit a minimum of $50 with the general account and $1,000 with the advanced account. Clients can deposit funds into their trading account by wire transfer, Visa/MasterCard, or digital wallets such as Skrill or Neteller. Payment methods other than Visa are free of charge. Lead times are 1-5 business days for wire transfer and up to 1 business day for other methods.

Withdrawals

To start the withdrawal process, traders should login to their trade account and select the withdrawal function. Payments can be processed by wire transfer, taking up to 5 business days, and clients are charged $25 if no valid trading is registered on their account.

Note many brokers require traders to verify their identity before payments can be processed.

Demo Account

AETOS offers a 14-day demo account to trade with $10,000 in virtual funds. Clients can practice on the markets trading forex and CFDs. The simulator account is an excellent way to test the MT4 platform, customer support and trading tools.

Joining Bonuses

The Australian branch of AETOS is currently offering a redeemable deposit joining bonus. The promotion pays a bonus of up to $20,000 depending on the amount deposited. The offer becomes redeemable if clients meet volume trading requirements inside 7 months of opening an account. AETOS does not offer a no deposit bonus at present.

The UK branch of AETOS does not currently offer any promotional bonuses due to European restrictions on retail trading incentives.

Regulation

AETOS is regulated by well-respected financial authorities; namely the ASIC and the FCA, plus the VFSC (which is less reputable).

The Australian arm is licensed by the Australian Securities and Investment Commission (ASIC), which includes membership to the Australian Financial Complaints Authority to resolve disputes between clients and firms.

The UK arm is regulated by the Financial Conduct Authority (FCA) and is part of the Financial Services Compensation Scheme, which protects clients of firms that are unable to return user funds. The UK arm also provides negative balance protection, so losses greater than the initial deposit are avoided.

Additionally, AETOS’ offshore branch holds a license with the Vanuatu Financial Services Commission (VFSC).

Additional Trading Tools

AETOS offers an economic calendar, a market news section with regular articles, and a daily market commentary piece on its website. The broker also regularly uploads educational webinars and weekly news round-ups to their YouTube channel.

Trading with AETOS also offers clients technical strategies provided by Trading Central, an investment research provider that combines AI with analyst expertise to give traders investment decision support.

 forex charts
AETOS forex charts

AETOS Accounts

The General account offers a relatively low minimum deposit, trading volume from 0.01 lots, and rapid market execution. The brokerage also offers an Advanced account suited to high-net-worth clients, requiring a larger deposit in return for more competitive spreads. Both accounts have a maximum position size of 50 lots.

Clients can also apply for a professional account via the website. Applicants must meet criteria including a high trading frequency maintained over the past year and a strong portfolio, alongside previous employment in the financial sector.

AETOS Trading Hours

Traders can log in to their account at any time and trade from Sunday from 21:11 to Friday at 21:00 (GMT). AETOS UK also provides a full trading schedule for each asset on its website.

Customer Support

AETOS has locations in both Sydney and London. This broker also has a reliable live chat function and a Feedback Centre available via their Contact Us form. The broker does not offer email support.

Australia:

UK:

Details of the organisational chart and management team can be found on the broker’s website.

Security

AETOS has a robust policy in place to ensure personal information is protected, using secure servers to hold client data and processing transactions via SSL encryption technology. AETOS also holds trader funds in a separate account which is audited to ensure compliance with Australian law.

AETOS Verdict

AETOS is an FCA and ASIC-regulated forex and CFD broker that has much to offer both novice and advanced traders. The broker provides reasonable spreads, a strong deposit bonus incentive in Australia, plus the MT4 terminal. AETOS could improve in our review by offering a wider asset range and more competitive spreads with their Advanced account.

Accepted Countries

AETOS accepts traders from Australia, Thailand, Canada, United States, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries.

Payment Methods

AETOS Details

Minimum Trade 0.01 Lots
Regulated By FCA, ASIC, VFSC
Islamic Account No
Mobile Apps Yes
Margin Trading No
Volatility Index No
Spot Trading No
Perpetual Swaps No
ELWs No
REITs No
AI / Machine Learning No
Robo Advisor No
P2P Trading No
Negative Balance Protection No
VPS Hosting No
Tournaments No
Demo Competitions No
Managed Accounts No
Market Maker No
Auto Trading Expert Advisors (EAs) on MetaTrader
Social Trading Yes
Trade Signals Yes
Guaranteed Stop Loss No
Commodities
  • Gold
  • Natural Gas
  • Oil
  • Silver

CFD Trading Details

FTSE Spread 25
GBPUSD Spread 2.35
Oil Spread 0.06
Stocks Spread Variable
Leverage 1:30 (UK), 1:400 (Global)

Forex Trading Details

GBPUSD Spread 2.35
EURUSD Spread 1.80
EURGBP Spread 2.57
Assets 27

Top 3 Alternatives to AETOS

Compare AETOS with the top 3 similar brokers that accept traders from your location.

  1. IG Group – IG is an award-winning broker that has an excellent reputation globally. The brand-US offers spread betting, CFD and forex trading across a comprehensive suite of markets. IG is also multi-regulated, provides a great trading app and has 50 years experience.
    Go to IG Group
  2. Just2Trade – Just2Trade is a reliable multi-regulated broker registered with FINRA, NFA and CySEC. The company has 155,000 clients from 130 countries and stands out for its huge suite of instruments and additional features, including a social network, robo advisors and a funded trader programme.
    Go to Just2Trade
  3. Interactive Brokers – Interactive Brokers is a leading global brokerage that provides access to a comprehensive offering of stocks as well as forex, futures, metals, bonds and cryptos. The firm has over 40 years experience in the online trading industry and is heavily regulated by SEC, FCA, IIROC, and SFC. Day traders can use the proprietary Trader Workstation and can access powerful tools and data feeds as well as comprehensive educational resources.
    Go to Interactive Brokers

AETOS Comparison Table

Compare AETOS With Similar Brokers
AETOS IG Group Just2Trade Interactive Brokers
Rating 3.5 4.4 3.5 4.3
Markets Forex, energies, precious metals, indices, share CFDs CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting Stocks, ADRs, ETFs, Futures, Options, Commodities, Bonds Forex, Stocks, Commodities, Crypto
Demo Account Yes Yes Yes Yes
Minimum Deposit $50 $0 $100 $0
Minimum Trade 0.01 Lots 0.01 Lots 0.01 Lots $100
Regulators FCA, ASIC, VFSC FCA, ASIC, NFA, CFTC, DFSA, BaFin, MAS, FSCA CySEC, NFA, FINRA, Bank of Russia SEC, FCA, IIROC, SFC
Bonus Joining bonus up to $20,000 Up to $2,000 for professional accounts
Education No Yes No No
Platforms MT4, AutoChartist MT4, AutoChartist, TradingCentral MT4, MT5, TradingCentral AlgoTrader, OmniTrader, eSignal, TradingCentral
Leverage 1:30 (UK), 1:400 (Global) 1:30 (Retail), 1:250 (Pro) 1:20 1:50
Payment Methods 4 6 20 11
Visit Visit Visit Visit Visit
Review IG Group
Review
Just2Trade
Review
Interactive Brokers
Review

Compare Trading Instruments

Compare the markets and instruments offered by AETOS and its competitors. Please note, some markets may only be available via CFDs or other derivatives.

Compare AETOS Trading Instruments
AETOS IG Group Just2Trade Interactive Brokers
CFD Yes Yes Yes Yes
Forex Yes Yes Yes Yes
Stocks Yes Yes Yes Yes
Commodities Yes Yes Yes Yes
Oil Yes Yes Yes No
Gold Yes Yes Yes Yes
Copper No Yes No No
Silver Yes Yes Yes No
Corn No No No No
Crypto No Yes Yes Yes
Futures Yes Yes Yes Yes
Options No Yes Yes Yes
ETFs No Yes Yes No
Bonds No Yes Yes Yes
Warrants No Yes No Yes
Spreadbetting No Yes No No
Volatility Index No Yes No No

AETOS vs Other Brokers

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Aetos is an international forex and CFD broker founded in 2007. Headquartered in Sydney, the broker is licensed by the ASIC, FCA and VFSC and has a global client base in over 100 countries. The firm offers the MetaTrader 4 platform and the minimum deposit to get started is $50.

FAQ

Is AETOS a safe broker?

AETOS is a trustworthy broker licensed by leading financial authorities, with a client base in over 100 countries. Traders using this broker also have access to negative balance protection and financial compensation schemes.

Is AETOS regulated?

AETOS is regulated by the UK Financial Conduct Authority (FCA) and the Australian Securities and Investments Commission (ASIC).

Does AETOS offer a demo account?

AETOS offers a demo account with a $10,000 virtual fund that allows clients to practice using their platforms and trading on the financial markets. The demo account expires after 14 days.

Does AETOS offer promotions or bonuses?

Currently, AETOS Australia is promoting a $20,000 deposit bonus scheme, in which AETOS credits new traders with a percentage of their deposit. This deposit can be redeemed once trading requirements have been met.

What trading platforms does AETOS use?

AETOS has both MT4 integration, which is an industry-leading platform. Clients can access the markets through the native platform in addition to WebTrader and mobile app.