aron groups

Aron Groups broker is one of the best-known forex brokers among Persian-speaking traders. It has been operating since 2017 and, with a focus on the Middle East market, offers trading in forex, metals, indices, commodities and cryptocurrencies via MetaTrader 5. In this overview, the Teagle editorial team reviews Aron Groups' features, legal status and risks based on Teagle data.

What kind of broker is Aron Groups?

Aron Groups has about 9 years of history and, according to Teagle's expert, is one of the few brokers that has noticeably localized its services for Iranians: Rial deposits and withdrawals, accounts with Toman as the base currency, Persian support and education, an active presence on Iranian social networks and even symbols related to the Iranian market. The broker's services are also extensive: bonuses, cashback, rebates, copy trading and social trading, PAMM and MAM, a multi-level referral program, an economic calendar, calculators and education. In its risk disclosure, the broker itself states that more than 67% of retail traders lose money on CFDs; publishing this figure is a positive point for its transparency.

Aron Groups licenses and credibility

One entry is recorded in Teagle's list of licenses: Financial Services Commission with number GB24203202 and active status. However, the Teagle editorial team's assessment is that Aron Groups does not hold a credible forex regulatory license; the number shown on the broker's website is a company registration in the Marshall Islands, and company registration only confirms legal identity, not oversight of client fund safekeeping or complaint handling. There is also no compensation fund or complaint-handling authority for clients. On the other hand, the company name, registration number and addresses have been published. We have explained the difference between company registration and a financial license in the guide to regulation and broker tiers and the article offshore and onshore brokers .

Does Aron Groups serve Iranians?

In practice yes, but legally the matter is not clear. There is a Persian website, Persian support, a Rial payment gateway and special plans for Iranian users, but at the time of Teagle's review, Iran was listed among the restricted countries in the terms and restrictions section of the website, while bonus banners specifically for Iranians are also running. In the event of a legal dispute, this contradiction could create serious risk for Iranian users.

Aron Groups trading accounts

All accounts are offered on MetaTrader 5, the minimum order size is 0.01 lot and the margin call is 100% on all of them:

• Nano account: minimum deposit $1, fixed spread, no commission, leverage up to 1:1000, 50% stop out, a cap of 60 open positions and an Islamic version.
• Standard (ECN) account: minimum deposit $50, floating spread, $5 commission (except for special cases), leverage up to 1:400 and 50% stop out.
• VIP (ECN) account: minimum deposit $2500, commission depending on the symbol, leverage up to 1:200 and 40% stop out.
• Islamic account: minimum deposit $100, fixed spread, no commission or swap, leverage up to 1:400 and 40% stop out.

Spread figures for none of the accounts are recorded in Teagle's data. A cent account is also listed in Teagle's tags; to compare this account type, see the article best brokers for cent accounts . Scalping, hedging, expert advisors and news trading are also allowed.

Aron Groups trading platforms

Aron Groups offers only MetaTrader 5, which has Windows, Mac, Android and iOS versions. If you are new to this platform, read the guide on connecting a broker to MetaTrader . For those who want to follow other people's trades, the article introduction to copy trading is useful.

Deposits and withdrawals at Aron Groups

• Crypto (Tether, Bitcoin, etc.): minimum deposit $1 and instant deposits; minimum daily withdrawal $20 and withdrawals in 1 hour to 1 business day; fees depend on the network.
• Toman exchange: minimum deposit and withdrawal 1 million Toman, commission-free deposits in 30 minutes to 1 business day, $1 withdrawal fee and withdrawal time of up to 3 business days.
• Bank transfer (Lira): minimum deposit $50 and a 3% deposit fee (minimum $2).

Aron Groups bonuses and campaigns

Aron Groups runs an unusual volume of bonuses and prize draws; according to Teagle's review, more than ten simultaneous campaigns including cars, iPhones and foreign trips. These bonuses are usually not withdrawable and unlocking them requires a specific trading volume; they can also encourage users to take on more risk. Do not treat the size of the prizes as a sign of credibility, and read the terms of each plan on the broker bonuses page and in the broker's own rules.

Aron Groups rating and risk on Teagle

Aron Groups' final rating on Teagle is 2.71 out of 5: Trustpilot 4.1, Forex Peace Army 2.62, WikiFX 2.21 and Teagle expert 1.9. The Teagle Eye risk index for this broker is 53 out of 100, in the "medium risk" category. The only review recorded on Teagle gave a rating of 1 and called the broker a scam; one review is not enough to judge.

Pros and cons of Aron Groups

• Pro: $1 minimum deposit and the low-volume Nano account
• Pro: Rial payment gateway, Toman account and Persian support
• Pro: copy trading, social trading, PAMM and MAM
• Con: no credible regulatory license according to Teagle's assessment and no compensation fund
• Con: contradiction between serving Iranians and the list of restricted countries
• Con: numerous, conditional campaigns and bonuses

Who is Aron Groups suitable for?

The Teagle editorial team does not recommend Aron Groups as a primary option for any group. Users who knowingly accept the risk of a broker without a credible license and need Persian features and a Rial channel should only deposit money they can afford to lose entirely. It is not suitable for significant capital, beginners who see prizes as a sign of credibility, or those who need the option of legal recourse. Before deciding, weigh it up in the Aron Groups vs AMarkets comparison .

Conclusion

Aron Groups is attractive to Iranians in terms of features and ease of use, but its legal ambiguity and the high risk of leveraged trading cannot be ignored. Start with a small amount, make a test withdrawal, read the bonus terms carefully and follow the latest warnings on Teagle's risk warning page .