Arum Capital Review Pros, Cons & Rating

I appreciate the availability of digital wallet payment as I find this to be the quickest and easiest way for me to get access to my funds. Arum Capital has a customer service team that you can reach via telephone, email, and online chat. Unfortunately, they don’t offer 24/7 customer support unlike some other brokers such as EXANTE. I found the educational materials to be distinctly lacking on the broker’s website.

One of my favourite features is the built-in economic calendar which makes it easy to keep track of the latest news releases without needing to open your web browser. You don’t need to gaze at charts all day long as the platform can send you price alert notifications based on your own specification. I must admit that I would prefer if they offered the MT4 platform since I still prefer it over MT5. If you are also familiar with MT4, you can checkout Axiory, they have both of the MetaTrader platforms available free of charge.

Account holders may be upgraded on a month-by-month basis to VIP status, on the condition that they trade a minimum of 200 lots of Forex or its equivalent) per month. This is a high volume and represents a monthly turnover of $2 million traded at least. VIP account holders are entitled to private analytics, individual coaching, a personal account manager, a free VPS server, and a few additional perks. Please note that some methods may only be available to specific countries and not all are available for both deposit and withdrawal.

Platform

As the broker holds a European CySEC license, you may be entitled to compensation from the Investment Compensation Fund (ICF), in the event that the broker is unable to fulfil its financial obligations. Though I recommend going through the terms and conditions since they’re pretty specific on who is eligible for these compensations. Your funds should be held in segregated accounts away from the broker’s funds so that they cannot be used for any other purposes such as the business running costs are hedging. The STP license of the European regulator makes it an obligation for any regulated company to transmit all client transactions to liquidity providers. This is the explicit criteria for distinguishing an A-book broker from a B-book dealer, what you can see for yourself by comparing our license with linceses of other companies. ARUM Capital is reliable and  absolutely transparent, we have good trading conditions and advanced technologies.

ARUM capital offer trading in 70 forex currency pairs, 10 commodities (7 metals and 3 energies), 11 major equity indices, and 5 cryptocurrencies across. All accounts operate on an Electronic Communications Network (ECN) execution model. DailyForex.com adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence.

• Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money.
• To make the necessary calculations on the Forex calculator, you have to enter the initial data and click the “Calculate” button.
• In the meantime, you may still continue to embed your ratings widget using the embed code below, in order to improve your ratings and visibility.
• All of the prices from the LPs are aggregated together within the brokers liquidity pool.
• The MT5 platform has plenty of built-in tools that should be enough for most traders.

Trading Platform Screenshots

All of the prices from the LPs are aggregated together within the brokers liquidity pool. When you place a trade, they will match you with the best available prices. I prefer this to the market maker model where a broker can take the opposite side of your position and set their own prices. The conditions of the broker’s license and liquidity providers oblige them to link every transaction to an independent service provider.

Service Details

You can also develop your own for the platform using the MQL programming language or hire a freelancer from the MQL community to do it for you. You will also find a plethora of free and paid tools from the marketplace that you can easily access from directly within the platform. Other than that, the broker does make available some handy standalone tools in the economic calendar and trading calculators. In the meantime, you may still continue to embed your ratings widget using the embed code below, in order to improve your ratings and visibility. In terms of trading platforms, Arum Capital has chosen the traditional path of sticking with the MetaTrader 5 (MT5) as its only platform.

Arum Capital is an EU regulated broker offering trading on MT5 without any restrictions. They have reasonable trading conditions but lack in non-FX instruments and educational content. This account has spreads from 0.7 pips which aren’t the lowest but there is no commission fee. This account has narrow spreads from just 0.0 pips with a variable commission fee.

• You can also develop your own for the platform using the MQL programming language or hire a freelancer from the MQL community to do it for you.
• Although this platform was released all the way back in 2010, it has remained popular in the forex trading community for a variety of reasons.
• Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering.
• I would always prefer to trade with a regulated brokerage firm as this gives me confidence that they will operate in an open and honest manner.

Ideal conditions for all types of trading robots

However, I found the educational resources to be lacking and the market analysis on the website outdated. Though I must admit that there is a reasonable choice of account types and funding options, along with a few additional tools. I would’ve liked to see them provide more non-FX instruments and lower the minimum deposit to make them more accessible to a wider audience.

As usual, trading accounts can be funded via either bank wire transfers, major credit & debit cards, and the commonly used e-wallets Neteller, Skrill, and Qiwi. Among these methods, bank transfer is probably the preferred option, as this is processed free of charge by Arum Capital. Both new and existing clients are welcome to contact the broker’s customer support department via email, live chat, or a Cyprus-registered phone number. For the time being, phone support is offered in English and Russian, which are also the same two languages as the website is available in. Trading Brokers Trading Brokers is dedicated to bringing you unbiased broker reviews, the latest broker news and trading guides to help you along your trading journey. We have over 20 years of experience when it comes to trading online so we know what to look for.

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Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money. This may impact how, where and which companies / services we review and write about. Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering.

This means they must comply with certain rules and restrictions that are in place protect investors. Examine the latest Customer Reviews and Comments about the arum capital forex broker review Top Forex Brokers written by real traders and Forex experts on a daily basis. After signing up as a new client with Arum Capital, all users are presented with the choice of opening either an “ECN.STANDARD” account or an “ECN.CLASSIC” account. Arum Capital accepts clients from all over the world, excluding USA, Canada, Japan, Belgium, France, Brazil, North Korea and FATF sanctioned countries. A demo account is available, as is typical with nearly all spot Forex and CFD brokers.

LiquidityX Review

Depositing funds into an ARUM capital account is an easy and secure process. Funding can be done using a few different methods, including credit cards, bank transfers, Neteller, and Skrill. Withdrawals are generally made through the same channel that deposits have been made through. For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker. Demo accounts with $10,000 in virtual funds are available for you to practice your trading strategies see if Arum Capital has suitable trading conditions for your strategies. The MT5 platform has plenty of built-in tools that should be enough for most traders.

Some payment systems may have transaction limits, restrictions, and requirements that are indicated on their respective websites. You may need to verify your account to remove limits on particular methods in some countries. Before you proceed, please read this important information about our review and rating policies. You’re all set to manage your company profile and boost your credibility. Be aware, the company has some trading restrictions because of the European Securities and Markets Authority (ESMA) influence. Since bonuses and promotions have been prohibited under European Union regulations, and as this is the area which regulates ARUM capital, no bonuses or promotions can be offered.