Aegis Corporate Financial Services Limited is in the CFDs brokerage business but one thing that is hard to miss on the aegisfinancialservicesltd.com website is the encouragement that if you upgrade to a premium account, you’ll get an Aegis card. Furthermore, funds protection is also a “top priority” on this website but how exactly is this going to happen, seeing that the broker is operating without a regulatory license?

There are questions than answers and in this review, we seek to give our honest opinion based on factual data and comprehensive analysis of the broker’s website and operations.

Basic information about Aegis Corporate Financial Services Limited

Website address	https://www.aegisfinancialservicesltd.com
Location	Canada
Email	support@aegisfinancialservicesltd.net
Phone number	—
Min Deposit	$2,500
Trading platform	WebTrader
License	None
Launch date	12. October 2023

An assessment of Aegis Corporate Financial Services Limited website

First impression of this broker reminiscents the website of an insurance firm due to a blend of green, black and whites. Until you scroll downwards, you can’t tell that this is a CFDs broker. The promises of how the broker will treat us right are abound. They want to offer a personalized approach to investment because they believe every trader is unique. Aegis Corporate Financial Services Limited claims that they’ll achieve this through a set of tools which they’ll give traders to enable realization of their goals.

For the most part of the marketing content, this broker is talking about what they want to do for us. Our job is to sign up for their trading account plans in order to access the world’s markets. The website makes it sound very simple and entertaining. The account plans section highlights all the features and benefits of individual packages. This is a way to entice traders to sign up and “start making money”.

Whereas this website is well put together, Aegis Corporate Financial Services Limited failed to shade light on the cost of trading on their platform. We do not know how the spreads look like and what kind of fees and commission they’ll charge us. The broker only talks about giving credit to traders but the terms and conditions about this credit is not clear. It would be better to lay out the policy of this credit in plain sight so that traders can make decisions from a sober point of view.

An assessment of Aegis Corporate Financial Services client dashboard

During our assessment of this broker’s client portal, we didn’t encounter any obstacles. The process requires you to input your name, email, phone number, address, date of birth and password. When you proceed to the next page, the broker will lead you right into the client dashboard where you can continue to perform certain actions such as personal details editing, KYC verification, viewing of trading account and monetary transactions among other things.

From the client portal, we can go straight to the WebTrader section of this broker’s website. This is where all the trading happens while monetary transactions are recorded in the client dashboard.

The trading terminal of this broker

This is a WebTrader which is obviously not our favorite. There is no way we can attach third-party indicators or expert advisors. In short, automated trading is not possible in this current setup. So this is why we prefer MT4/5 terminals.

On the left side of the trading terminal, we find plenty of tradeable instruments which include Forex, CFDs, Metals, Crypto and Commodities. They are in their hundreds hence you can’t run out of options.

There’s nothing much to write home about considering that all the other functions of the WebTrader are pretty similar to those of MT4/5 terminal. We can open new orders, set take profit and stop loss, analyze markets, select timeframes or use multi-screen view of the charting application to keep tabs on what is happening across other markets simultaneously.

A discussion about Aegis Corporate Financial Services Limited account types

We get several account plans to choose from. The higher the deposit, the higher the account plan which also means access to special benefits such as lower spreads, access to “credit from the side of the company”, face to face meeting with account representative, bonuses etc.

However, there is no demo account and the minimum that this broker is accepting in their basic account is a whooping $2,500. With this requirement, traders with no prior experience will lose a significant portion of their bankroll.

Furthermore, we don’t know how Aegis Corporate Financial Services Limited handles open positions. There is a risk and a high likelihood that this broker will hunt stops and try to manipulate positions since they are a CFDs broker operating without the supervision of a financial authority.

Last but not least, the broker has failed to lay out their trade insurance policy. Their legal page does not have this information for traders who are seeking to know what terms and conditions will bind their contract if they accept this broker’s offering.

Aegisfinancialservicesltd.com domain information

Aegisfinancialservicesltd.com was created in October 2023. The short duration of existence of this broker is worrying. In our opinion, this is a fly by night CFDs broker with no reassuring track record. It would be best to trade with a broker who can prove their years of experience as opposed to a broker that is just 1 month old.

Legal information

According to the address of this broker, the firm is based in Canada. Brokers who are operating out of Canada are regulated by the Canadian Securities Administrator. Our search for this broker on the database of this financial regulator led to a dead end because this broker is not licensed there.

There is no justification for this broker to operate without a license. It begs the question of whether this broker is truly located in the said address. Since there is no oversight authority governing the conduct of this broker, we are afraid that Aegis Corporate Financial Services Limited can and will do anything they wish to do with your trading account. This will impact your trading experience and the risk for losing your funds will be pretty high.

The Pros and Cons

Summary of this review

We failed to find a positive about Aegis Corporate Financial Services. The broker doesn’t show a committment to abide and implement their numerous promises which are highlighted on the website’s homepage. Their paperwork is not in order and generally this broker doesn’t inspire us to be confident with their service. With nothing special to offer other than empty promises, this broker comes across as yet another scam.

What do you think? Tell us in the comment section.