Aetos Capital Review 2026: Key Insights For Iraq Traders

Aetos Capital is an international forex and CFD broker founded in 2013 and headquartered in Australia. It is regulated by top-tier authorities including ASIC, FCA, HKSFC and FSCA, giving it a credible global footprint. The broker provides its services to more than one hundred countries, including Iraq, through a fully digital onboarding process. For Iraqi traders, Aetos Capital is relevant mainly because it accepts USDT and Skrill deposits, which are practical alternatives when the local banking system restricts foreign exchange transfers.

However, the broker scores only 3.3 out of 5 in our database, reflecting several shortcomings for Iraq-based clients. The maximum leverage is capped at 1:1, which is extremely restrictive for retail forex traders who typically rely on leverage to generate meaningful returns from small accounts. Additionally, Aetos Capital does not offer Islamic accounts, making it difficult for the majority Muslim population of Iraq to trade Sharia-compliant. While the company’s ties to Australian regulation are a plus, the lack of local presence in Baghdad or Erbil means customer support and dispute resolution are handled remotely, often only in English.

Aetos Capital is regulated by the Australian Securities and Investments Commission (ASIC) in Australia, the Financial Conduct Authority (FCA) in the UK, the Hong Kong Securities and Futures Commission (HKSFC), and South Africa's Financial Sector Conduct Authority (FSCA). These are all well-known regulators, and the broker declares its compliance and license numbers publicly. For Iraqi traders, the important thing to understand is that none of these regulators offer direct consumer protection to clients residing in Iraq. The Iraqi Securities Commission (ISC) does not regulate international retail forex brokers, and there is no local compensation fund to recover losses.

We urge Iraqi traders to verify the broker's ASIC AFSL number and FCA reference number on the official regulator websites before funding an account. While the presence of international regulation offers some reassurance about operational transparency, it does not mean Aetos Capital is legally licensed or monitored inside Iraq. Local Iraqi regulations impose restrictions on forex trading activities, and traders must assume full responsibility for their deposits. Given the 1:1 leverage and lack of local oversight, Aetos Capital is not among the safest choices for Iraq-based retail clients.

Aetos Capital does not offer Islamic accounts, which is a significant drawback for Iraqi traders who observe Sharia law and wish to trade without earning or paying interest (riba). In an Islamic or swap-free account, brokers typically waive overnight swap/interchange fees, but Aetos Capital has not implemented such an option.

As a result, any position left open overnight or over the weekend will be subject to swap rates, which can be positive or negative depending on the direction and the interest rate differential between the two currencies. For Iraqi traders, where the majority of the population is Muslim, this makes Aetos Capital less suitable. There are many other regulated brokers that offer genuine swap-free conditions for Iraq clients, so if Islamic finance is a priority, we suggest looking elsewhere.