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