Aurora Capital Costs & Margins Clarified
Understanding the costs associated with trading on Aurora Capital. Gain a clear insight into all fees and spreads to refine your trading strategy and boost earnings.
Begin Your Trading JourneyTypes of Fees on Aurora Capital
Spreads
The spread represents the gap between the selling (bid) and buying (ask) price of an asset. Aurora Capital does not impose any trading commissions; they generate revenue through the spread instead.
Example:If Bitcoin is offered at $30,000 and requested at $30,100, the difference is $100.
Overnight Charges (Rollover Charges)
Charged on overnight leveraged trades. These costs are determined by the leveraged sum and the holding period of the trade.
Costs differ by asset and position size. Charges for overnight holdings may be negative, implying an expense, whereas occasionally, fees might be positive, influenced by asset-related characteristics.
Withdrawal Fees
Aurora Capital charges a fixed withdrawal fee of $5 regardless of the amount.
New users might enjoy a complimentary first withdrawal. The time taken for withdrawals may differ depending on the selected payment option.
Inactivity Fees
Aurora Capital imposes a monthly inactivity fee of $10 after 12 months of no trades.
To prevent this charge, maintain at least one active position or deposit funds within the year.
Deposit Fees
Aurora Capital offers free deposit services. Note that your payment provider might apply fees depending on the chosen method.
Always verify with your payment service for potential charges.
Comprehensive Overview of Spreads
Spreads are essential in trading with Aurora Capital. They reflect the cost of starting a trade and act as a profit avenue for Aurora Capital. Understanding spreads helps traders improve their choices and manage their trading costs more effectively.
Components
- Bid Price (Sell):The cost to acquire an asset
- Sell Price (Bid):The value at which you can liquidate an asset
Elements Affecting Spreads
- Market Fluidity: Assets with high liquidity often exhibit tighter spreads.
- Market Fluctuations: Spreads might expand in times of high volatility
- Asset Class: Different assets show unique spread variations.
Example:
For example, if the GBP/USD quote shows a bid of 1.2500 and an ask of 1.2503, the spread amounts to 0.0003 (3 pips).
Withdrawal Procedures and Charges
Log In to Your Aurora Capital Account
Log in to your user portal
Fund Withdrawal Access
Select the 'Withdraw Money' option
Select Withdrawal Option
Choose from various methods such as bank transfer, Aurora Capital, Skrill, or Neteller.
Enter Withdrawal Sum
Specify the withdrawal sum you wish to obtain.
Confirm Withdrawal
Complete the steps to finalize the deal.
Processing Details
- Withdrawal Fee: $5 each time
- Processing Duration: 1-5 working days
Important Tips
- Verify minimum withdrawal limits
- Evaluate service provider charges
Avoiding Inactivity Charges
Aurora Capital applies inactivity fees to motivate active trading and effective account oversight. Being aware of these fees and learning ways to bypass them can assist you in keeping a firm grip on your investments while avoiding avoidable expenses.
Fee Details
- Amount:$10 monthly for inactivity
- Period:Inactive for 12 months straight
How to Steer Clear
-
Trade Now:Participate in a transaction annually.
-
Deposit Funds:Fund your account to reset the inactivity timer.
-
Keep a Position Open:Maintain a live position within your investments
Important Note:
Remaining active can protect your investments from draining fees. Engaging regularly helps keep your account free of charges and allows your capital to thrive.
Deposit Charges and Accepted Options
Depositing funds into your Aurora Capital account is free, but fees may be applied by your payment service. Being aware of the available deposit options and their related costs can assist you in selecting the most economical choice.
Bank Transfer
Reliable and ideal for high investments
Payment Methods
Fast and simple for immediate transactions
PayPal
Fast and commonly utilized for internet transactions
Skrill/Neteller
Top digital wallet choices for instant funding
Tips
- • Choose Wisely: Select a payment option that aligns with your needs for speed and costs.
- • Verify Charges: Always confirm possible charges with your financial institution prior to making a deposit.
Comparison Overview of Aurora Capital Charges
To assist you in making educated choices, we present an extensive overview of the different charges linked to trading on Aurora Capital across various asset categories and trading practices.
| Fee Type | Stocks | Crypto | Forex | Commodities | Indices | CFDs |
|---|---|---|---|---|---|---|
| Spreads | 0.09% | Variable | Variable | Variable | Variable | Variable |
| Overnight Fees | Not Applicable | Applicable | Applicable | Applicable | Applicable | Applicable |
| Withdrawal Fees | $5 | $5 | $5 | $5 | $5 | $5 |
| Inactivity Fees | $10/month | $10/month | $10/month | $10/month | $10/month | $10/month |
| Deposit Fees | Free | Free | Free | Free | Free | Free |
| Other Fees | No commission | No commission | No commission | No commission | No commission | No commission |
Note: Charges can fluctuate depending on market dynamics and individual situations. Always verify the latest fees on Aurora Capital's platform prior to trading.
Strategies to Reduce Costs
Despite Aurora Capital's clear fee system, there are methods you can use to reduce your trading expenses and enhance your profits.
Select the Optimal Investment
Engage in trading with minimized spreads for lower expenses.
Utilize Leverage Wisely
Be careful with leverage to avoid significant overnight fees and potential losses.
Stay Active
Participate actively in trading to prevent inactivity charges.
Choose Affordable Payment Options
Choose funding and withdrawal methods with minimal fees.
Plan Your Financial Future
Strategically optimize trades to minimize transaction frequency and associated expenses.
Leverage Aurora Capital's Offers
Take advantage of any fee waivers or promotions Aurora Capital may offer for new users or specific trading activities.
Common Inquiries Regarding Charges
Are there any hidden charges on Aurora Capital?
Indeed, Aurora Capital prides itself on a clear pricing model with no concealed costs. Every fee is transparently stated in our fees overview and is determined by your trading actions and selected options.
What is the method for determining spreads on Aurora Capital?
Spreads represent the gap between the selling (bid) price and the purchasing (ask) price of an asset. They fluctuate depending on the asset's market conditions, volatility, and liquidity.
Is it possible to bypass overnight charges?
Indeed, if you refrain from using leverage or terminate your leveraged trades prior to the trading day's conclusion, you can prevent incurring overnight fees.
What happens if I exceed my deposit limits?
If your deposits exceed the set limits, Aurora Capital may halt additional deposits until your account balance falls below the threshold. It’s crucial to follow the suggested deposit limits for effective investment management.
Are there costs for moving money between my Aurora Capital account and my bank?
Aurora Capital does not impose fees for transferring funds between your Aurora Capital account and your connected bank account. However, your bank might charge its own fees for handling these transactions.
How do Aurora Capital's charges compare to different trading services?
Aurora Capital features a competitive pricing structure with no commissions on stock trades and transparent spreads across various asset classes. Compared to traditional brokers, Aurora Capital's fees are generally lower and simpler, especially in the areas of social trading and CFD trading.
Ready to Start Trading on Aurora Capital?
Understanding Aurora Capital's fees and spreads is essential for enhancing your trading approach and boosting your investments. With clear pricing and a variety of resources to assist you in managing costs, Aurora Capital offers a strong platform for traders at every experience level.
Sign up for Aurora Capital Now