Arum Capital Forex Trade Platform and Broker Review

Arum Capital Forex Trade Platform and Broker Review

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Arum Capital Broker Review

ARUM Capital is a well-regulated financial asset management firm and brokerage established in 2017 in Cyprus. ARUM Capital’s main services are the provision of tradable financial instruments to both beginner and professional forex traders.

ARUM Capital has between 10 and 50 employees and is headquartered in Limassol, Cyprus.

Is ARUM Capital Regulated?

Yes, ARUM Capital is a brand name that is owned and operated by ArumPro Capital Limited, a Cyprus Investment Firm (CIF), which is regulated by the Cyprus Securities and Exchange Commission (CySEC).

With the CySEC regulation that ARUM Capital has, the forex broker can provide compensation of up to €20,000, granted by the Investment Compensation Fund (ICF), of which ARUM Capital is a member. 

Compensation such as this is given to eligible clients if the broker can no longer fulfill its financial obligations or it becomes bankrupt. 

 

Is ARUM Capital Regulated in the United States?

No, ARUM Capital is not regulated in Virginia or any other US state. 

Is ARUM Capital Regulated in Europe?

Yes, ARUM Capital is regulated in Europe by the Cyprus Securities and Exchange Commission, providing it with a cross-border license to offer financial products and services in Europe and other jurisdictions.

Is ARUM Capital regulated in a Tier-1 Jurisdiction?

No, ARUM Capital is not regulated in a tier-1 jurisdiction.

Tier-1 Jurisdiction provides ARUM Capital with the license to provide financial services in Australia, Austria, Belgium, Denmark, Finland, France, Germany, Hong Kong, Israel, Japan, Luxembourg, Netherlands, New Zealand, Norway, Puerto Rico, Singapore, Sweden, and Switzerland.

Is ARUM Capital regulated in Tier-2 Jurisdiction?

Yes, ARUM Capital is regulated in Tier-2 Jurisdiction.

Tier-2 Jurisdiction provides ARUM Capital with the license to offer financial services and operate in the British Virgin Islands, Cayman Islands, Cyprus, Italy, Malaysia, Mexico, Poland, Portugal, Spain, and Taiwan.

What are the Platforms and Tools for Forex Trading in ARUM Capital?

ARUM Capital offers forex traders with MetaTrader 5, which can be accessed through the desktop or mobile applications or through the MetaTrader 5 WebTrader.

MetaTrader 5 is the latest and most advanced trading platform in the industry, and when trading with ARUM Capital, forex traders are provided with access to a wide range of markets. MetaTrader 5 is well-known for its rich functionality, fundamental and technical analysis, and the best forex trading tools available.

MetaTrader 5 is available in more than 30 languages and is suitable for both real as well as demo accounts. MetaTrader 5 also offers a multi-threaded strategy tester, fund transfer between different trading accounts, and a system consisting of alerts that keep traders updated on events in the markets.

Does ARUM Capital Have a News Blog for Forex News?

No, ARUM Capital does not offer forex traders with a free news blog for forex news. 

Does ARUM Capital Have a Traders Dashboard?

No, ARUM Capital does not have a Traders Dashboard on the official website or under the Personal Office/Personal Area.

Does ARUM Capital Have an Educational Section?

Yes, ARUM Capital has an education section that can only be accessed once forex traders have completed the Personal Office registration.

 

What is the content of ARUM Capital Forex Education?

ARUM Capital offers traders the following:

  1. About Forex
  2. Glossary
  3. Webinars

The “About Forex” section only offers forex traders basic information on the forex market, such as the history and developments.

The Glossary contains all the forex terms and their definitions from A to Z.

The Webinars section on the official ARUM Capital website features a calendar that showcases when there are webinars presented.

Is ARUM Capital Legit?

Yes, ARUM Capital is a legit Forex Broker and Trade Platform that has regulation through the Cyprus Securities and Exchange Commission (CySEC).

Is ARUM Capital Safe?

Yes, ARUM Capital is a reliable and safe Forex Trade platform where regulation and stringent safety protocols are concerned. ARUM Capital is regulated by CySEC and is a member of ICF, which compensates eligible traders if the broker is unable to fulfill its financial obligations.

Is ARUM Capital a Good Broker?

Yes. According to the Forex Suggest review, ARUM Capital is a good broker for security, trading speed, online support, and cryptocurrencies. 

ARUM Capital uses strict security protocols and, through strict regulation, keeps client funds in segregated accounts.

The trading speed for ARUM is not given, but the broker guarantees fast, reliable market execution on trades.

Online support is given to forex traders through a live chat option throughout the entire website.

Where cryptocurrencies are concerned, ARUM Capital offers BTC, ETH, LTC, BCH, and XRP.

What is the Offering of Investment in ARUM Capital?

Offerings of ARUM Capital can be found below.

Feature ARUM Capital
Forex Trading      Yes
CFDs      Yes
Forex Pairs      Yes
Cryptocurrency (Physical)      No
Cryptocurrency (CFD)      Yes
Social Trading       No

Does ARUM Capital have Nasdaq?

Yes, ARUM Capital has Nasdaq.

Nasdaq, known as the US Tech 100 or the Nasdaq composite, is the second-largest stock exchange by market capitalization. Nasdaq tracks the top technology stocks in the US.

What are the Awards of ARUM Capital?

There are no awards indicated for ARUM Capital on the official website.

How to Use ARUM Capital for Forex trading?

To use ARUM Capital, a forex trader should have the necessities below:

  1. Traders must have a copy of their identity document along with proof of their residential address for ARUM Capital’s “Know Your Client” or KYC process.
  2. Traders must be 18 years old or older to register an account.
  3. Traders must be able to pay the $500 minimum deposit.

Once a forex trader meets the conditions above, they can register a forex trading account to use the services of ARUM Capital.

How to open a Forex trading account with ARUM Capital?

To open a Forex Trading account with ARUM Capital, a trader should follow the steps below.

  1. Traders can visit the official ARUM Capital website and select “Open An Account” from the website.
  2. Forex traders will be redirected to online registration for the official ARUM Capital website.
  3. Traders must provide their first and last name, mobile phone number, and email address. Traders must note that their sign-in password will be sent to their mobile phone number via SMS.
  4. Traders must select that they are over 18 years of age, that they agree with the Privacy Policy, and that they understand the high risk involved with trading forex and CFDs before clicking “register.”
  5. Traders will be redirected to the Sign-in page, where they must enter their mobile phone number or email address along with the password that was sent to them.
  6. Traders will be logged into their ARUM Capital client portal, where they must complete the registration by selecting the option from below their username.
  7. Traders must provide their personal information, residential address, and other information. In addition, forex traders must upload a copy of their identity documents and proof of residential address to verify their identity and approve the trading account.

What is the Forex Trader Account Types with ARUM Capital?

Forex Trading Platform and Financial Asset Management Institution ARUM Capital have five different account types that are offered.

ARUM Capital Account Types are listed below. 

  1. Demo Account
  2. ECN Standard Account
  3. ECN Classic Account

1. Demo Account

ARUM Capital offers forex traders a demo account that can be used as a practice account by beginner forex traders. The demo account can also be used by more experienced forex traders who want to test their strategies and explore what ARUM Capital offers.

2. ECN Standard Account

ARUM Capital offers forex traders with this entry-level account which has the following features:

  • Minimum deposit of $500
  • Access to MetaTrader 5 on desktop, web, and mobile
  • Ability to hedge positions
  • Swaps charged on this account
  • Access to algorithmic trading
  • Access to telephone dealing when closing positions
  • Commissions of 0.00270% charged on forex majors, 0.00285% on minors, and 0.00315% on exotics. There are also commissions charged on different indices, depending on the type, with $8.8 charged on NDX, for example. In addition, commissions also apply to cryptocurrencies at 0.3% and 0.00300% on metals and energies.
  • Maximum of 100 orders, which includes pending orders.
  • Access to a demo account
  • Leverage up to 1:30
  • Floating spreads from 0.7 pips.
  • Limit and stop levels from 0
  • Minimum order size of 0.01 lot or 1,000 of the base currency
  • Unlimited maximum position volume
  • Margin call of 100% and stop-out of 80%

3. ECN Classic Account

The ECN Classic Account is a popular choice with more advanced traders who want the best trading conditions. The features on the ECN Classic Account are as follows:

  • Minimum deposit of $500
  • Access to MetaTrader 5 on desktop, web, and mobile
  • Ability to hedge positions
  • Swaps charged on this account
  • Access to algorithmic trading
  • Access to telephone dealing when closing positions
  • Commissions of 0.3% are charged on all cryptocurrencies.
  • Maximum of 100 orders, which includes pending orders.
  • Access to a demo account
  • Leverage up to 1:30
  • Floating spreads from 0.7 pips
  • Limit and stop levels from 0
  • Minimum order size of 0.01 lot or 1,000 of the base currency
  • Unlimited maximum position volume
  • Margin call of 100% and stop-out of 80%

How to Withdraw Money from ARUM Capital?

To withdraw money from ARUM Capital, the following should be done:

  • Traders can log into their Personal Office and select the option to “Withdraw.”
  • Traders can complete the withdrawal request by selecting their account, amount to withdraw, currency, and preferred payment method.
  • Traders must note that withdrawals can only be made through the same payment method which was used with deposits.

How many days do deposits take with ARUM Capital?

Some deposits are instant, whereas others may take several business days to reflect in the trading account.

What are the costs and fees with ARUM Capital?

There are four types of costs with ARUM Capital, namely spreads, commissions, swap fees, and margin requirements. 

The spread is the difference between the bid and asks price, indicated in pips. ARUM Capital charges variable spreads, which will depend on the trading account, financial instrument, trading volume, and the market conditions on the day of trading.

Commissions are charged on both account types on certain financial instruments. Swap fees are debited/credited when traders keep positions open for a night or longer and depend on whether traders hold a short/long position.

The margin call is expressed as a percentage, and it is payable at the start of the trade as collateral. Using leverage lowers the margin call/requirement.

What are the Trading Fees with ARUM Capital?

The Forex Trading Fees with ARUM Capital are below. 

The ECN Standard Account:

  1. Spreads: from 0.7 pips
  2. Commissions on forex majors: 0.00270%
  3. Commissions on forex minors: 0.00285%
  4. Commissions on forex exotics: 0.00315%
  5. Commissions on NDX: $8.8 pips with different commissions charged on different indices.
  6. Commissions on cryptocurrencies: 0.3%
  7. Commissions on metals and energies: 0.00300%
  8. Swaps: -16.08 swap long and 2.45 swap short on EUR/USD
  9. Margin Call: 100%

The ECN Classic Account:

  1. Spreads: from 0.7 pips
  2. Commissions on cryptocurrencies: 0.3%
  3. Swaps: -16.08 swap long and 2.45 swap short on EUR/USD
  4. Margin Call: 100%

What is the minimum deposit in ARUM Capital?

The recommended minimum initial amount is 500 USD. 

What are the contract specifications in ARUM Capital?

Feature ARUM Capital
Forex Trading Yes
CFDs 20+
Forex Pairs 69
Cryptocurrency (Physical) 0
Cryptocurrency (CFD) 5
Social Trading  No

Does ARUM Capital have promotional offers?

No, ARUM Capital does not have promotional offers.

Does ARUM Capital have a welcome bonus?

No, ARUM Capital does not have a welcome bonus.

A welcome bonus is offered to traders who register a real account for the first time and provides them with trading credit. 

Does ARUM Capital have a deposit bonus?

No, ARUM Capital does not have a deposit bonus.

A deposit bonus is granted to forex traders either when they register a new account or with every deposit, according to the discretion of the broker.

Is there a commission-free trade bonus in ARUM Capital?

No, ARUM Capital does not offer forex traders with a commission-free trade bonus.  

Is there a VIP bonus in ARUM Capital?

No, ARUM Capital does not offer forex traders with a VIP bonus.

Can you start trading with no money at ARUM Capital?

No, you cannot start trading with no money at ARUM Capital. To start trading, traders must pay a minimum deposit of $500.

How does leverage work with ARUM Capital?

ARUM Capital only offers a maximum leverage ratio of 1:30.

Leverage is a useful tool that allows traders to open larger positions by lowering the margin requirement or call that is needed at the start of each trade as collateral. Leverage can maximize the trader’s profit potential, but it can also expose traders to significant losses.

Where are the headquarters of ARUM Capital?

ARUM Capital is headquartered in Limassol, Cyprus.

Who is ARUM Capital’s CEO?

The CEO of ARUM Capital is not given by official sources.

What are the social media accounts of ARUM Capital?

Traders can follow ARUM Capital on the following social media accounts:

  • Twitter
  • Facebook
  • LinkedIn
  • Instagram
  • Google+

How many employees do work for ARUM Capital?

The number of employees is not given by any known source. However, judging by the operational size, ARUM Capital has between 10 and 50 employees.

What are the opinions about ARUM Capital?

ARUM Capital has built a decent reputation as a forex broker and trading platform. ARUM Capital is known for offering tailormade solutions to both beginner and professional forex traders from around the world.

What are ARUM Capital Contests?

ARUM Capital does not run any contests.

ARUM Capital does not currently have any contests, and there are no announcements on the official websites that indicate whether there will be contests held in the future.

Does ARUM Capital have online support?

Yes, ARUM Capital offers online support to forex traders 24 hours a day, five days a week via the live chat option on the official website.

Does ARUM Capital offer demo accounts for Forex trading?

Yes, ARUM Capital offers a free demo account for all new traders. The demo account can be opened with the following steps:

  1. Forex traders can visit the official ARUM Capital website and select “Open a Demo Account” from the homepage.
  2. This will redirect the forex trader to an online registration where they must provide their first and last name, mobile number, and email address.
  3. An auto-generated password will be sent to the trader’s mobile number that they provided, and traders can use this to sign into their Personal Office.
  4. Once logged in, traders can proceed to the demo account to start using it.

Does ARUM Capital have a mobile app for Forex trading?

Yes, ARUM Capital offers the Direct App for Android and iOS through MetaTrader 5’s mobile app.

With ARUM Capital and MetaTrader 5, forex traders have access to all financial instruments from the palm of their hand. The MetaTrader 5 mobile app makes it possible for traders to manage their accounts and trading activities easily and hassle-free.

Forex traders have access to a range of functions and features on the mobile app, much like that on the web and desktop versions.

Does ARUM Capital publish an economic calendar?

Yes, ARUM Capital publishes an economic calendar on the official website.

An economic calendar is a crucial trading tool that provides traders with the ability to view relevant economic information which is scheduled to be released. Such events could impact the financial markets and, subsequently, the trader’s trading.

The economic calendar offered by ARUM Capital is easy to use as it incorporates the time of the news, country index, period, previous values, forecasts, the actual values, and the level of importance.

What is the communication information of ARUM Capital?

ARUM Capital has two main telephone numbers, namely:

  • +357 252 220 94
  • +357 251 232 91

The official business address of ARUM Capital is 2 Gregory Afxentiou Street, 2nd floor, Office 201, 4003, Limassol, Cyprus.

Alternatively, forex traders can contact ARUM Capital via the live chat option, WhatsApp or forex traders can use the “Request a Call-back” to complete the necessary form that will be sent to ARUM Capital support.

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