Aetos Capital is a global retail forex and CFD broker founded in 2013, with headquarters in Australia. Over the past decade it has expanded internationally to serve clients across Europe, Asia and Africa under multiple regulatory licences including ASIC, FCA, HKSFC and FSCA. For Cyprus traders, Aetos Capital presents an interesting option because it combines institutional-grade platforms like MT5 and cTrader with a relatively low $250 minimum deposit. The broker supports retail forex trading in USD, and it also offers copy trading, making it attractive to both beginners and more experienced traders.
The brand holds an overall score of 3.3 out of 5, reflecting solid platform technology but weaker regulatory alignment for Cyprus residents. Since the broker is not CySEC-regulated, Cypriots do not benefit from the local ICF compensation scheme. Still, the broker’s global licensing and 13-year history suggest it is not a fly-by-night operation. In this review, we will examine regulation, spreads, account types, deposits, withdrawals and support, all framed for the Cyprus retail forex context.
| Detail | Information |
|---|---|
| Founded | 2013 |
| Headquarters | Australia |
| Regulated by | ASIC,FCA,HKSFC,FSCA |
| Min Deposit | $250 |
| Max Leverage | 1 |
| Platforms | MT5, cTrader |
| Islamic Account | Not available |
| Copy Trading | Available |
| Demo Account | Available |
| Instrument | Typical Spread | Commission/Lot | All-In Cost | Standard Spread |
|---|---|---|---|---|
| EUR/USD | Check broker | Varies | Varies | Check broker |
| Feature | Available |
|---|---|
| Demo Account | Yes |
| ECN/Raw Account | Yes |
| Islamic (Swap-free) | No |
| Scalping Allowed | No |
| Hedging Allowed | Yes |
| Expert Advisors (EA) | Yes |
| Copy Trading | Yes |
Aetos Capital does not offer a genuine Islamic (swap-free) account, as confirmed by the broker’s data. This is a major drawback for Muslim traders in Cyprus who observe Sharia law and therefore cannot earn or pay interest (swap/overnight fees). Without an Islamic account, every position kept overnight incurs a swap charge or credit, making long-term holding incompatible with Islamic finance principles.
Some brokers offer swap-free accounts as a standard feature or upon request, but Aetos Capital has not implemented this. Cyprus-based Muslim traders should therefore consider CySEC-regulated brokers that explicitly provide swap-free accounts with no hidden fees. If you still wish to trade with Aetos Capital, you would need to close positions before the daily swap time, which severely limits trading flexibility and makes trend-following strategies impractical.
| Feature | Details |
|---|---|
| Islamic Account Available | No |
| Swap Fees | May apply |
| Hidden Admin Fees | Verify with broker before trading |
| How to Apply | Contact support after opening standard account |
| Approval Time | Usually same business day |
| Asset Class | Examples | Available | Typical Spread |
|---|---|---|---|
| Forex Major Pairs | EUR/USD, GBP/USD, USD/JPY | All available | Check broker |
| Gold (XAU/USD) | Spot Gold | Available | — |
| Silver (XAG/USD) | Spot Silver | Available | Check broker |
| Oil CFDs | WTI Crude, Brent Crude | Available | $0.03–$0.05 |
| Stock Indices | S&P500, NASDAQ, DAX, FTSE | Available | 0.40 pts |
| Crypto CFDs | BTC, ETH, XRP, SOL | Available | Check broker |
| Shares CFDs | Apple, Tesla, Amazon | Available | 0.02% |
| Broker | Min Deposit | EUR/USD | Islamic | TradingView | Score |
|---|---|---|---|---|---|
| Aetos Capital (current) | $250 | Check broker | No | No | 3.3 |
| Pepperstone | $0 | 0.09 pips | Yes | Yes | 4.9 |
| IC Markets | $200 | 0.02 pips | Yes | No | 4.8 |
| Exness | $10 | 0.10 pips | Yes | No | 4.8 |
Aetos Capital is a legitimate global broker with solid multi-tier regulation and a technology offering that will appeal to many retail forex traders in Cyprus. The availability of MT5 and cTrader, combined with copy trading and a modest $250 minimum deposit, makes it an accessible option for both beginners and experienced traders. However, the critical drawbacks for Cyprus-based users are the complete absence of CySEC regulation, the unnerving 1:1 maximum leverage, and the lack of an Islamic account. These factors are substantial enough to make us cautious about recommending the broker to a broad audience in Cyprus.
For traders who value global regulation and are comfortable with leverage-free trading (perhaps for low-risk fundamental strategies), Aetos Capital may be acceptable. But for most retail forex traders in Cyprus who expect leverage up to 1:30 and local investor protection, the broker falls short. We suggest comparing Aetos Capital with CySEC-regulated alternatives that offer similar platforms, tighter spreads, and better leverage terms before making a final decision.