Wikilix
Contract reading

What aeron legally published, but does not want you to read

Every clause below is published by aeron itself, on its own website, today. The finding is not that the text exists. It is the distance between what a client is shown and what a client agreed to. Read from its own documents on .

Contracting entity: Aeron Limited

sole discretionclient moneydeemed acceptanceprofit voidingcomplaint deadlinehidden feebonus lockconflict of interestcounterpartycountry restriction

Aeron's client agreement lets it void your winning trades on suspicion and keep the losing ones. You get two business days to object to a statement before it becomes final. Your money can be pledged, lent and moved between affiliates without notice, and nothing compensates you if Aeron fails. The pages selling the account promise no fees, one day withdrawals and fully secure funds.

Back to aeron

Contract risk

Money at risk
8.0/10

Where this contract sitsHow far this contract goes, overall. Under 2 is nothing beyond the ordinary; 6 to 9 means several clauses put money you have already earned at risk; 9 and above reads as designed to make payout refusable.

0510
CriticalClauses that can cost you money you have already earned or deposited, or that remove your ability to challenge it.
7
FlaggedEvery clause worth knowing about, at all three severities. Ordinary terms that every broker has are not counted.
18
DocumentsHow many of the broker's own legal files this reading is based on. Each one was downloaded and hashed on the date shown.
7
ContradictionsPlaces where a promise the broker makes in public is not kept by the clause that governs it.
8

How the 18 break downThe same flagged clauses, split by how much each one can cost you. Severity is our reading of the clause, not the broker's label.

Critical7
Warning10
Notice1

section 422 of 432is where the deepest clause sits: the very end of the document it is in

The numbers in this contractFigures taken from this broker's own clauses, so the labels differ from broker to broker. The four in the panel above are the same on every report.

3 of these 4 figures come from a clause we rate critical, which means it can take your money or your profit rather than only delay it.

Critical30 daysBonus requirement. Jump to the clause this comes from.Amplify promises 100% of profits with no published termsCritical2 working daysTime to complain. Jump to the clause this comes from.Two business days to object, or you have agreedCritical3%Account limit. Jump to the clause this comes from.No duty to warn you, and you pay any shortfall$25Fee on an unused account. Jump to the clause this comes from.Six months quiet and the account closes, minus $25

What the documents say

18 clauses worth knowing about, worst first, each quoted from aeron's own files

01

Aeron Amplify offers to multiply your capital 12 times and promises you keep every cent of profit. No terms document for Amplify exists on the site. The only rules sit on the sales page: a 10% loss limit and a 30 day wait to take back your own capital.

Why this matters

Nothing binds Aeron to these promises, because no document carries them. The agreement that does bind you lets Aeron cancel profits it alone calls abusive. It can hold your money while it investigates.

Exhibit 1CriticalRarely seen30 days

Until you have paid or discharged in full all your Obligations, we shall be entitled to retain all your Charged Assets and you may not (without our prior consent) withdraw or substitute any Charged Assets.
Clause 13.4 in Aeron Client Agreement
Read from the broker's site on Open the reference

Buried at section 283 of 432 in the Aeron Client Agreement, 66% of the way through.

What it costsOn a $1,000 starting balance, 12 times capital is $12,000 of exposure. The 10% limit is $100 of loss. Your own $1,000 stays put for 30 days.

Our readingA broker offering to multiply client capital 12 times normally publishes that offer as its own agreement. Here the loss limit and the capital lock appear only in sales copy, so the rules that decide when you lose the capital are written nowhere you can hold Aeron to.

  • Worse together with Exhibit 7The page sells zero trading restrictions while the clause governing the account lets Aeron cancel profits from trading it calls abusive.
  • Worse together with Exhibit 10Instant profit withdrawals are promised under a contract that sets no withdrawal deadline at all.
02

If Aeron suspects you broke one of the promises in clause 7.11, it can close your trades and then choose. Trades where you lost are enforced against you. Trades where you made a profit are void until you prove the suspicion wrong.

Why this matters

The burden sits on you, not on Aeron. Your profit stays cancelled until you satisfy Aeron you did nothing wrong, and Aeron decides if you have.

Exhibit 2CriticalHarder than usual

enforce the Transaction or Transactions against you if it is a Transaction or Transactions under which you have incurred a loss; or
Clause 7.12(a) in Aeron Client Agreement
Read from the broker's site on Open the reference

Where it sits: section 126 of 432 in the Aeron Client Agreement, 29% of the way through.

Our readingVoiding a trade for proven market abuse is ordinary. Choosing by outcome, so losses stand and profits do not, goes much further in the firm's favour.

What happens, and when

The stages this clause runs through, taken from the broker's own document
TriggerWhat the broker may then doClause
Aeron suspects a breachAeron closes that trade and any other trade you have open, without giving its reason.7.12
The trade shows a lossAeron enforces it against you.7.12
The trade shows a profitAeron treats it as void until you produce evidence that satisfies Aeron.7.12
Six months from the day the trade openedEvery trade closed this way is void for good.7.12
  • Worse together with Exhibit 7Two separate clauses let Aeron undo a profitable trade, and neither makes it prove anything first.
03

A statement or trade confirmation from Aeron becomes final after two business days. Clause 8.5 gives you that long to object in writing. Clause 8.6 treats your silence as approval of everything Aeron did.

Why this matters

The clock starts when Aeron sends the document, not when you read it. Clause 22.4 counts an email as given one hour after it goes out. Miss two business days and the trade stands, even if it was wrong.

Exhibit 3CriticalHarder than usual2 working days

Any confirmation, statement of account, report or certificate issued by us in respect of any transaction or other matter shall be conclusive and binding on you unless objection in writing is received by us within two Business Days of the actual or deemed delivery date.
Clause 8.5 in Aeron Client Agreement
Read from the broker's site on Open the reference

Where it sits: section 152 of 432 in the Aeron Client Agreement, 35% of the way through.

Set against a regulated standard: FCA (UK), CySEC (Cyprus)

Firms licensed by the FCA and CySEC must handle a retail client's complaint and give access to an independent complaints body, which keeps a disputed trade open for months after the event. This contract closes the question in two business days and reads silence as agreement.

aeron is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

  • Worse together with Exhibit 15The two day window runs while the complaints policy still refuses to look at anything not on its form.
04

Your cash and assets sit under a general charge to Aeron. Clause 12.7 lets it pledge, lend or invest them, mixed in with other customers' property. Clause 12.6 lets Aeron move your money between your accounts without telling you first.

Why this matters

Money you think is sitting in your account can be out on loan as security for obligations that are not yours. Aeron owes you no interest or income earned on it.

Exhibit 4CriticalRarely seen

AERON and/or its Affiliates may, in their discretion and without notice to you, apply and/or transfer any or all funds or other property belonging to you between any of your accounts with AERON.
Clause 12.6 in Aeron Client Agreement
Read from the broker's site on Open the reference

Where it sits: section 232 of 432 in the Aeron Client Agreement, 54% of the way through.

Set against a regulated standard: FCA (UK), CySEC (Cyprus)

Firms licensed by the FCA and CySEC must hold retail client money in segregated accounts and may not use it for their own business. This contract lets Aeron pledge, lend and move client property, including what it calls segregated funds.

aeron is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

Our readingRe-pledging a client's property is a prime brokerage device built for institutions. In a retail trading account it means your balance can stand as security for somebody else's obligations, including Aeron's own.

  • Worse together with Exhibit 5Your money can be lent out and pooled, and no compensation scheme stands behind it if Aeron fails.
05

Aeron's home page says your funds are fully secure. Clause 21 of the client agreement says no statutory compensation scheme exists if Aeron cannot meet its liabilities. Clause 12.5 adds that your money would be pooled with everyone else's.

Why this matters

If Aeron fails, you join a queue with every other client and share what is left. No fund steps in to pay you back, and Aeron accepts no liability for a bank it chose itself.

Exhibit 5CriticalStandard wording

There is currently no statutory compensation scheme in place if we are unable to meet our liabilities in respect of investment business.
Clause 21 in Aeron Client Agreement
Read from the broker's site on Open the reference

Buried at section 365 of 432 in the Aeron Client Agreement, 84% of the way through.

Set against a regulated standard: FCA (UK), CySEC (Cyprus)

Firms licensed by the FCA are covered by the Financial Services Compensation Scheme, and CySEC firms by the Investor Compensation Fund, so a retail client gets a capped payout if the firm fails. Aeron states plainly that no such scheme covers it.

aeron is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

06

Aeron takes on no duty to tell you your balance or your margin, which clause 9.1 spells out. Clause 9.4 adds that it never has to close your losing positions. If your account ends up short, clause 11.3 charges you 3% above MauBank's base rate.

In plain words

Negative balance protection is a limit that stops you owing more than you put in. Without it, one fast market move can leave you owing the broker money on top of your deposit.

Why this matters

Losses here are not capped at your deposit. You can finish owing Aeron money, with interest running on it, and no warning was ever promised.

Exhibit 6CriticalHarder than usual3%

We are not under any obligation to keep you informed of your account balance and Margin required (i.e. to make a 'Margin call').
Clause 9.1 in Aeron Client Agreement
Read from the broker's site on Open the reference
Our own capture of aeronmarkets.com, taken on Oct 15, 2026The claim, on Support article on margin call levelVisit this page on the broker's siteDownload the full size image file

Where it sits: section 159 of 432 in the Aeron Client Agreement, 37% of the way through.

What it costsOn a $1,000 deficit, the interest alone is $30 a year at 3%, before MauBank's base rate is added on top.

Set against a regulated standard: FCA (UK), ESMA (EU), CySEC (Cyprus)

Firms licensed by the FCA and under ESMA rules must give retail CFD clients negative balance protection, so a client cannot lose more than the money in the account. This contract says the opposite: you pay any deficit, with interest.

aeron is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

  • Worse together with Exhibit 4A shortfall on one account can be met by moving money out of another, with no notice to you.

Aeron can void a winning trade and enforce a losing one

Clause 7.12 of the Aeron client agreement lets Aeron keep your losses and void your profits on the same suspicion. Clause 7.14 adds the power to cancel or reverse profits from what it calls abusive trading, and the contract never defines that term. Both act at Aeron's absolute discretion, with no notice.

Profit at risk1 clause flagged

Aeron can cancel or reverse your profits where it suspects what clause 7.14 calls abusive trading. The contract never says what abusive trading means. It can act at any time, with no notice and no explanation.

Why this matters

You cannot stay inside a rule that is not written down. Aeron can also close your account, block the platform, and send your funds to whoever it treats as the real owner.

Exhibit 7CriticalHarder than usual

If we reasonably suspect that you have performed abusive trading we may, at its absolute discretion, at any time and without prior Written Notice, take one or more of the following actions:
Clause 7.14 in Aeron Client Agreement
Read from the broker's site on Open the reference

Where it sits: section 134 of 432 in the Aeron Client Agreement, 31% of the way through.

The pages selling the account do not match the contract

Aeron's home page calls your funds fully secure while clause 21 of its client agreement says no compensation scheme covers you. The application form points to six policies on the website and four are not there. The withdrawal page names another firm, Skilling, as the processor of your money.

Promise against paper1 clause flagged

The corporate application form tells you to read six documents, all said to be on the website. Four are missing: client classification, investor compensation fund, conflicts of interest and order execution.

Why this matters

The form asks you to confirm you have read documents that do not exist. One of them covers compensation, and clause 21 of the agreement says no compensation scheme covers you.

Exhibit 11WarningHarder than usual

Before completing this Application Form, you should make sure you have read and understood all information regarding your Client Account, including the applicable Agreement (namely the “Terms and Conditions” and the following documents”, “Client Classification Policy”, “Investor Compensation Fund”, “Conflicts of Interest Policy”, “Order Execution Policy”, “Risk Disclosure Statement”, “Complaints or Grievances Policy”, which are all available on our Website
Clause Instructions, item 1 in Aeron Corporate Application
Read from the broker's site on Open the reference

Where it sits: section 6 of 221 in the Aeron Corporate Application, near the start.

  • Worse together with Exhibit 16The conflicts policy that clause 2.2 folds into your contract is one of the documents that is not published.

Aeron publishes no schedule of charges anywhere

Clause 16.1 of the Aeron client agreement says its charges are set out in the client application form and on the website, and neither publishes them. Clause 16.3 sends you to staff for the cost of holding a position overnight. Clause 9.7 allows an administration fee on card payments and withdrawals without naming an amount.

Cost disclosure1 clause flagged

Aeron's charges live in the client application form and on its website, says clause 16.1. Neither publishes a schedule. For the swap cost of holding a position overnight, clause 16.3 tells you to ask staff.

In plain words

Remuneration means payments it receives.

Why this matters

You cannot work out what a trade costs before you place it. Card payments and withdrawals can also carry an administration fee under clause 9.7, and the contract never says how much.

Exhibit 8WarningHarder than usual

You will pay our charges, details of which are set out in the Client Application Form and our website which may be amended from time to time by written notice from us to you.
Clause 16.1 in Aeron Client Agreement
Read from the broker's site on Open the reference

Buried at section 314 of 432 in the Aeron Client Agreement, 73% of the way through.

Set against a regulated standard: FCA (UK), CySEC (Cyprus)

Firms licensed by the FCA and CySEC must give a retail client the costs and charges of a product before they trade. This contract leaves the swap rate with staff on request and sets no amount for the card administration fee.

aeron is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

  • Worse together with Exhibit 16Aeron is the other side of your trade and need not tell you what it earned from it.

No document Aeron asks you to sign sets a withdrawal deadline

Aeron's support page promises every withdrawal inside one working day. The client agreement contains no deadline at all, and clause 13.4 lets Aeron hold the contents of your account until every obligation to it is cleared. Clause 9.6 lets Aeron take what it says you owe out of your balance with no notice.

Getting money out1 clause flagged

The client agreement sets no time limit for paying a withdrawal. Clause 13.4 lets Aeron hold everything in your account until you clear every obligation to it. Taking out charged assets needs Aeron's consent.

Why this matters

The one working day promise on the support page is not in any document you sign. Aeron can also take what it says you owe straight out of your balance, with no notice, under clause 9.6.

Exhibit 10WarningHarder than usual

Until you have paid or discharged in full all your Obligations, we shall be entitled to retain all your Charged Assets and you may not (without our prior consent) withdraw or substitute any Charged Assets.
Clause 13.4 in Aeron Client Agreement
Read from the broker's site on Open the reference

Buried at section 283 of 432 in the Aeron Client Agreement, 66% of the way through.

  • Worse together with Exhibit 4The same assets Aeron may pledge to a third party are the assets you need its consent to withdraw.

Aeron can move, pledge and lend the money in your account

Clause 12.6 of the Aeron client agreement lets Aeron and its affiliates move your money between accounts without telling you, and clause 12.7 lets it pledge or lend your assets. Aeron takes on no duty to make a margin call, and clause 11.3 charges 3% above MauBank's base rate on any shortfall. Its own sign up form still accepts registrations from countries its AML policy will not take.

Control of your account2 clauses flagged

Aeron can rewrite this agreement and publish the new version on its site, under clause 2.5. You agree in advance to be bound by whatever it publishes. Clause 23 promises 10 business days of notice, unless Aeron finds that impracticable.

In plain words

Supersedes means beats: where two documents disagree, that one wins.

Why this matters

Checking the website is on you. The two clauses do not agree on whether you get notice at all, and Aeron decides when notice is impracticable.

Exhibit 12WarningHarder than usual10 working days

You agree to be bound by subsequent new versions of the Client Agreement which will supersede all earlier versions.
Clause 2.5 in Aeron Client Agreement
Read from the broker's site on Open the reference

Where it sits: section 36 of 432 in the Aeron Client Agreement, near the start.

Aeron's AML policy names 13 places it will not accept applications from. The registration form on Aeron's own portal still offers seven of them, including Cuba, Iraq, Sudan and Belarus.

Why this matters

You can register and fund an account from a country Aeron's own policy rejects. The policy scores a sanctioned country at the very top of its risk scale.

Exhibit 13WarningHarder than usual13

Current Sanction List countries – from which we will not accept applications or business arrangements:
Clause Current Sanction List countries in Aeron AML Risk Profile
Read from the broker's site on Open the reference

Where it sits: section 26 of 44 in the Aeron AML Risk Profile, 59% of the way through.

Two business days decides whether a trade can still be challenged

Aeron statements and confirmations become final after two business days under clause 8.5, and clause 8.6 reads your silence as approval. The complaints policy then refuses to investigate anything until you have filed its own form. Aeron is liable to you only for its negligence, wilful default or fraud.

Closing a dispute1 clause flagged

Aeron will not investigate a complaint until you complete its form and supply every item on its list. The policy refuses verbal complaints outright. Aeron aims to answer in 15 working days and allows itself up to two months.

Why this matters

Telling your account manager is not a complaint. Your two business day window to object to a trade can run out while the form is still being filled in.

Exhibit 15WarningHarder than usual15 working days

It is the Company's Policy not to accept any verbal complaints or grievances.
Clause 4.1 in Aeron Complaints Policy
Read from the broker's site on Archived copyOpen the reference

Where it sits: section 30 of 67 in the Aeron Complaints Policy, 45% of the way through.

Your claim goes to Mauritius, Aeron's claim comes to you

Clause 28.10 of the Aeron client agreement gives the courts of Mauritius exclusive jurisdiction and removes your right to object to that forum. The paragraph after it lets Aeron file its own claims where you live. Clause 20.1 also lets Aeron pass your services to another firm.

Where a dispute goes1 clause flagged

Every dispute goes to the courts of Mauritius under clause 28.10, and you give up the right to argue that the forum is inconvenient. Aeron keeps the option of suing you in the country where you live.

Why this matters

Bringing a claim means hiring lawyers in Port Louis. Defending one happens wherever Aeron decides to file.

Exhibit 17WarningHarder than usual

each Party irrevocably (i) agrees that the courts of Mauritius shall have exclusive jurisdiction to determine any Proceedings and irrevocably submits to the jurisdiction of the Mauritius Courts and (ii) waives any objection which it may have at any time to the bringing of any Proceedings in any such court
Clause 28.10 in Aeron Client Agreement
Read from the broker's site on Open the reference

Buried at section 422 of 432 in the Aeron Client Agreement, 98% of the way through.

Our readingA Mauritius forum for a Mauritius company is ordinary. Keeping a one way exception for its own claims is not.

Aeron runs enhanced checks on everyone, on a model it calls a draft

Aeron applies enhanced due diligence to every client because nobody is met in person. The published AML model that sets your rating says its own weights are a draft, and it gives two different weights for the same test. Documents older than 90 days are refused.

Documents and data1 clause flagged

Aeron applies enhanced due diligence to every client, because nobody is met face to face. The published model that sets your risk rating carries a line saying the weights are a draft. The same document gives two different weights for the same test.

Why this matters

Your rating decides which documents you must produce and whether Aeron takes you on. Aeron refuses any document older than 90 days and can ask for more at any time.

Exhibit 14WarningRarely seen90 days

We will normally carry enhanced due diligence on all clients as they are non-face to face dealing.
Clause 3 Assessing prospective client application in Aeron AML Risk Profile
Read from the broker's site on Open the reference

Buried at section 42 of 44 in the Aeron AML Risk Profile, 95% of the way through.

Our readingA published risk model that tells you its own weights are not the real ones is unusual. The rating that decides your documents and your acceptance cannot be checked against anything Aeron publishes.

Aeron is the other side of your trade, and keeps what it earns

Aeron deals with you as principal under clause 7.6, so your loss is its gain. Clause 15.2 allows it to match your order against another client while acting for both and keeping commission from each. The conflicts of interest policy that clause 2.2 folds into your contract is not published.

Who gains when you lose1 clause flagged

Aeron deals with you as principal, which means it takes the other side of your trade. Clause 15.2 admits it may also match your order with another client while acting for both and keeping commission from each. The conflicts policy that clause 2.2 makes part of your contract is not published.

In plain words

On a principal basis, as your counterparty, means the broker takes the other side of your trade itself. Your loss is then the firm’s gain, so it has an interest in how your trade ends.

Why this matters

When you lose, your counterparty gains. Aeron can also take payments from firms it routes your orders to, and clause 15.27 says it need not tell you what it made.

Exhibit 16WarningStandard wording

In executing transactions for or with you we will always deal with you as principal unless we have otherwise informed you.
Clause 7.6 in Aeron Client Agreement
Read from the broker's site on Open the reference

Where it sits: section 143 of 432 in the Aeron Client Agreement, 33% of the way through.

Set against a regulated standard: FCA (UK), CySEC (Cyprus)

Firms licensed by the FCA and CySEC must publish a conflicts of interest policy and disclose inducements received from third parties. Aeron's agreement treats its conflicts policy as part of your contract, and that policy is not on the site.

aeron is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

Six months of quiet costs $25, six years costs everything

Aeron can close an account after six months without activity and take $25 of what is left, under clause 24.3. A balance of $25 or less can be kept in full. Clause 12.10 moves ownership of any balance untouched for six years to Aeron, and says that move cannot be undone.

In plain words

Dormancy means an account left unused.

Dormancy1 clause flagged

Aeron can close your account after six months without activity. On closure it can take $25 from what is left for administration. If the balance is $25 or less, clause 24.3.3 lets Aeron keep all of it.

Why this matters

A small balance you left behind can disappear entirely. Aeron does email you at your registered address before it closes the account.

Exhibit 9WarningHarder than usual$25

Should your account remain dormant for a period of six [6] months, AERON reserve the right to close the account.
Clause 24.3.1 in Aeron Client Agreement
Read from the broker's site on Open the reference

Buried at section 383 of 432 in the Aeron Client Agreement, 89% of the way through.

What it costsA $20 balance left in a dormant account goes to Aeron in full. A $100 balance comes back to you as $75.

What happens, and when

The stages this clause runs through, taken from the broker's own document
TriggerWhat the broker may then doClause
Six months with no activityAeron can close the account.24.3.1
Balance of $25 or lessAeron can use the whole balance for its administration costs.24.3.3
Balance above $25Aeron returns the money to the account you paid from, after taking $25.24.3.5
Six years with no movement and no contactOwnership of the money passes to Aeron and the clause says it cannot be undone.12.10

Aeron Limited holds the licence, three other names appear in the papers

Aeron Limited is licensed by the Financial Services Commission in Mauritius under GB20026195. Your contract names the trading name Aeron Markets, your payments go to a London company called Aeron Management, and two further names appear in the documents. No compensation scheme covers a client of this firm.

Who you contract with1 clause flagged

Your contract is with Aeron Markets, a trading name of Aeron Limited in Mauritius. Your payments go to Aeron Management, a London company. The complaints policy covers accounts at AERON Derivatives, and the risk disclosure page names HML.

Why this matters

Knowing which company holds your money matters if you ever have to chase it. The registration number also differs, with 178713 in the agreement and 178783 in the application form.

Exhibit 18Notice

The current Policy applies to all registered clients & trading accounts opened with AERON Derivatives.
Clause 3 in Aeron Complaints Policy
Read from the broker's site on Archived copyOpen the reference

Where it sits: section 18 of 67 in the Aeron Complaints Policy, 27% of the way through.

Where the marketing and the contract disagree

A promise made in public, set against the clause that governs it

01

The product page promises every profit is yours while the contract lets Aeron reverse profits it decides came from abusive trading.

Said in public, in English

Any profit you make is yours to withdraw instantly, with no restrictions. Keep 100% of your profits and withdraw your original capital after 30 days.

Aeron Amplify product page, Instant Profit Withdrawals section

In the contract · clause 7.14

Cancel or reverse of profits gained through abusive trading in the Client Account.

02

Zero restrictions is sold on the page that promotes the product, while the agreement reserves undefined powers over how you trade.

Said in public, in English

Trade how you wish with absolutely zero trading restrictions as if you would with a normal brokerage account.

Aeron Amplify product page, Trade Free No Restrictions section

In the contract · clause 7.14

If we reasonably suspect that you have performed abusive trading we may, at its absolute discretion, at any time and without prior Written Notice, take one or more of the following actions:

03

The copy trading page says Aeron never touches your money, and the agreement lets Aeron and its affiliates move it without notice.

Said in public, in English

Your money stays in your account. We never touch it. Disconnect and withdraw anytime.

Aeron Copy Trading page, Full Funds Control section

In the contract · clause 12.6

AERON and/or its Affiliates may, in their discretion and without notice to you, apply and/or transfer any or all funds or other property belonging to you between any of your accounts with AERON.

04

The deposit page rules out any fee while the agreement allows an administration fee on card payments and on withdrawals.

Said in public, in English

We do not charge any fees for deposits regardless of payment method.

Support article on deposit charges

In the contract · clause 9.7

If you make a payment by debit card or credit card and/or withdraw money from an Account, we may charge an administration fee to process your payments.

05

Prices are said to be clearly displayed, and the overnight swap cost is only available by asking staff.

Said in public, in English

No need to worry about hidden fees with us! All our prices are clearly displayed, so you know exactly what you're paying.

Currencies market page

In the contract · clause 16.3

Swap charges change regularly and information on these can be obtained from our staff.

06

The home page calls your funds fully secure and the agreement says no compensation scheme stands behind them.

Said in public, in English

Your funds and personal data are fully secure with a regulated broker.

Home page, Why Trade With Aeron section

In the contract · clause 21

There is currently no statutory compensation scheme in place if we are unable to meet our liabilities in respect of investment business.

07

The support page states a margin call and a stop out level, and the agreement says Aeron owes you neither.

Said in public, in English

Your margin call is at 100% Margin level, you will be stopped out at 50% margin level.

Support article on margin call level

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of aeronmarkets.com

In the contract · clause 9.4

we are under no obligation to close out any transactions or take any other action in respect of positions opened or acquired on your instructions and in particular, no failure by you to pay margin when demanded will require us to close out any such transaction.

08

One working day is promised on the support page, and the agreement sets no deadline while allowing Aeron to hold your assets.

Said in public, in English

We process all withdrawals within one working day.

Support article on making a withdrawal

In the contract · clause 13.4

Until you have paid or discharged in full all your Obligations, we shall be entitled to retain all your Charged Assets and you may not (without our prior consent) withdraw or substitute any Charged Assets.

The documents this reading is based on

7 files, all published by aeron. Each shows when we read it and a fingerprint of its wording.

WIKILIX keeps the copy of each file it read, and does not republish it: what is published is the fingerprint of its wording. Download the file yourself and hash its text, lowercased with runs of whitespace collapsed, and a matching fingerprint means the wording quoted above is still the wording aeron publishes.

How this reading was done

Every clause above was read out of a document aeron publishes itself

This reading was published on .

Documents
7 of 7downloaded from the broker's site, and 7 read in full
Pages opened
24pages walked to find those documents, footer links included
Marketing pages
7public pages set against what the contract says
Position measured
18clauses whose position was counted: which numbered section of the document holds them, out of how many

Who the contract is with

Aeron Limited

Aeron Limited is the Mauritius company behind the brand, licensed by the Financial Services Commission under GB20026195. The client agreement names the trading name, Aeron Markets, as the party you contract with. Payments run through Aeron Management, company number 12875643, at 85 Great Portland Street in London. The complaints policy covers accounts opened with AERON Derivatives, a name that appears nowhere else, and the risk disclosure page refers to HML. The registration number is 178713 in the agreement and 178783 in the corporate application form.

Quotations are copied verbatim from the documents named above, with the clause number and the page each one came from. Where a clause is quoted in another language, the original is shown first and the English is a translation.

The plain-language parts, what a clause means for a client, how ordinary it is, and how it reads against a regulated standard, are WIKILIX's analysis and are labelled as such on every card. This is a reading of public documents, not legal advice and not an allegation of wrongdoing.

In fairness, and what we could not check

A reader who knows the edges of the work can trust the middle of it

Aeron publishes its full client agreement as one document, free to download, with no login. The complaints policy sets a target of 15 working days, caps the process at two months, and says complaining costs you nothing. Clause 2.4 says the FSC's rules win where they conflict with the contract. The dormancy charge stops at $25, and Aeron must email you before closing a dormant account. The AML policy publishes its country lists and its scoring criteria, which most brokers keep internal.

We read all seven documents Aeron publishes, including the client agreement end to end. We could not read the earlier copies of the five PDFs, so we could not set today's wording against last year's. We did read earlier copies of the risk disclosure and the terms page, and both match what the site shows today. Aeron does not publish the individual client application form. Clause 16.1 says the charges are set out in it, so the fee list a retail client signs was not available to us. No terms are published for Amplify or for copy trading, so we held those pages against the client agreement instead. We did not open the client portal, so anything shown during account opening was not read.

How to check any of this yourself

Every quote above links to the aeron file it came from. This is what to do with it.

Open the three stepsFind the words in the source, work out the fingerprint, and read what a difference does and does not prove.

Open the source and search for the words

Every quote has a link under it. Open the file, or the web page, and search it for the words we quote. The clause number next to the quote tells you where to look.

If the words are not there any more, the source may have changed after we read it. That is worth knowing too. We keep the date we read it, and a code worked out from its wording, so the quote stays checkable.

What a fingerprint is

A fingerprint is a code worked out from what a source says. Change one word and the code changes completely. We keep two codes for every file we read, and the panel on each source shows both.

The first is the code of the exact file we downloaded. The second is the code of its wording alone, with capital letters lowered and runs of spaces collapsed. When the same words are saved as a new file, the first code changes and the second one stays the same.

Only the first code can be worked out on your own computer. Save the file, then run one of these, putting the name of the file you saved where the example is. The panel on each source prints the command with that source's real file name already in it.

macOS or Linux:
  shasum -a 256 the-file-you-saved.pdf

Windows:
  certutil -hashfile the-file-you-saved.pdf SHA256

The two codes are different from each other, and they are not meant to match. Comparing one against the other proves nothing.

What a difference means, and what it does not

A different file code on its own proves nothing. A PDF saved again with a new date inside it is a new file saying exactly the same thing.

A different wording code means the words themselves changed. That is the one that matters, and it is why we keep it.

Even then, a change is not proof of bad faith. Companies update their documents. What this report says is what the document said on the day we read it, and every quote carries that date.

A source that is a web page and not a file has no file to save, so only the code of its wording is shown.

How this report is made

Every clause quoted above comes from a document aeron publishes on its own website, downloaded and hashed on the date shown, with the clause number and page recorded so any reader can check it. We do not allege anything the documents do not say, and we do not judge aeron on anything other than its own published terms and its own public marketing. Where a clause has a qualifier that softens it, the report says so. Last read Oct 15, 2026.

If you represent aeron and a clause has changed, been withdrawn, or is being read out of context, tell us and we will re-read the documents and update this page. Corrections from the broker are welcome and are published with the reading they change. Contact us.

This is a reading of a contract, not legal advice and not a ruling on aeron. Whether its licence is real and current is a separate check on the broker profile.

What traders say about aeron

Comments on aeron are posted on its profile

Nobody has commented on aeron yet. If you have traded with them, your experience helps the next reader decide.

Write the first comment
Back to the aeron profile