Ausorix (openroads.autos) has been flagged by ASIC (Australia) for "Unlicensed". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: openroads.autos.
Ausorix (openroads.autos) had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.
Pros: Excellent charting|Fast support response|High security standards
Cons: Cannot customize dashboard fully|Could offer more webinars
I found Ausorix (openroads.autos) through a financial advisor and the initial impression was positive. But for the past six months later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.
Pros: Educational resources|Clean UI|High security standards
Cons: None so far
I have been trying to close my account with Ausorix (openroads.autos) for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.
Pros: Multiple order types|High security standards
Cons: Limited demo account features
Ausorix (openroads.autos) advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Good mobile app|Two-factor authentication|Multi-currency support|Low minimum deposit
Cons: No phone support on weekends|Website design could be more modern
Do not believe the bonus offer from Ausorix (openroads.autos). The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited after hearing about them at a conference and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Market news feed|Multi-device support
Cons: No phone support on weekends