Here are the 9 pros and cons:

Aetos Fact sheet

Aetos is a regulated broker that is overseen by several jurisdictions. The exact list of regulators is as follows:

• Australian Securities and Exchange Commission (ASIC) - Australia
• Financial Conduct Authority (FCA) - UK
• Vanuatu Financial Services Commission (VFSC) - Vanuatu

FCA and ASIC are among the strictest regulators in the world, leaving almost no room for unfair practices and fraud. With this said, Aetos is also a part of an investor compensation fund to compensate its investors in case of broker insolvency. The broker uses segregated accounts to differentiate its own capital from client funds. This makes client money untouchable by the broker, which is a standard practice among regulated brokers. Unfortunately, there is no negative balance protection which means if a trader loses more than their funds on the balance they will be liable to the broker for the lost funds. Traders will have to trade carefully because of this, as leveraged trading is risky.

There are two account types, General and Advanced, offered by Aetos to its clients. There are slight but important differences between these two accounts, which is important for clients to know. For general accounts, typical spreads for EUR/USD start from 1.8 pips, which is relatively expensive when compared to the industry average of 1 pip. Margin requirements on the General account for precious metals are 2% and for Forex 0.25%. Leverage is lower on a General account as it is capped at 1:30, and the initial deposit starts from 50 USD. The minimum lot size for both accounts is 0.01 which makes it possible to trade in a micro account environment. With 1:400 leverage for an Advanced account and 0.01 minimum lot size, it is possible to control considerably higher trade positions with a very small budget. 

Pros & cons of Aetos account types

Comparing Aetos fees with other brokers

Aetos fees compared to Interactive Brokers fees

*Inactivity fee was eliminated by IB in 2021, it used to be $20/m

Aetos fees compared to CM Trading fees

Aetos fees compared to plus500 fees

Aetos fees compared to XM fees

Aetos fees compared to AvaTrade fees

Aetos fees compared to Capital.com fees

The one and only trading platform offered by Aetos is MetaTrader 4 (MT4) which is among the most popular trading software worldwide. In addition to its advanced capabilities like inbuilt indicators, Expert Advisors (EAs), and custom indicators, the broker offers various downloadable plugins and tools to help traders increase their decision accuracy. Aetos also has a proprietary trading app that can be downloaded on both Android and iOS to trade on the go. This app is a summarized and compact version of the Aetos website and offers trading possibilities, but compared to the MT4 mobile app, it is still limited in chart analysis capabilities. The MT4 mobile app has inbuilt indicators and drawing tools to analyze charts technically, which gives it a huge advantage over many other apps. 

There are no educational resources available on the Aetos website, but plenty of research tools and MT4 plugins that help make sense of financial markets. The tools include:

• Autochartist
• Economic calendar
• Market News - daily market analysis by Aetos experts
• PAMM and MAM trading, Aetos offers both as a type of investor-funded accounts where traders trade on behalf of investors
• Virtual Private Server or VPS - VPS helps automate the trading process by providing cloud servers where trading bots can be deployed and traded 24 hours without interruptions
• Copy trading - Aetos offer the ability to copy experienced traders’ positions and increase success chances

All these tools and services are targeted at accumulating a client base that consists of both investors and traders. 

Both the website and live chat are multilingual, making it possible to contact the broker easily. Live chat is the fastest and most comfortable way to communicate with the broker and offers quick solutions to many issues that can arise during the trading process. Other support options are also available including email, a phone number, and an online form for sending a message. Aetos has excellent support as all support forms are available in 5 languages. 

Aetos is a heavily-regulated international Forex and derivatives broker offering average trading terms with high spreads and competitive fees. The broker is regulated by several jurisdictions, making it a legit and reliable broker that can be trusted. Additionally, the broker offers almost all safety measures and excellent multilingual support. There is no negative balance protection, though, making it possible to lose more than the account balance. Traders can choose between 70+ different trading instruments on the MT4 trading platform. For mobile trading, it is possible to use Aetos's own app or MT4 mobile app for all mobile devices. There is a 10 USD inactivity fee per month if the trader does not open a position for 3 consecutive months. In the end, Aetos is a reliable Forex broker that is heavily regulated and offers moderate amounts of instruments for average spreads and fees. The broker is not recommended for scalpers, but day traders and swing traders may find its reliability attractive.