Score
ArgusFX
Cyprus|5-10 years| https://www.argusfx.com/en/
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Rating Index
Contact
Licenses
Single Core
1G
40G
Contact number
+35722222804
+35722222806
496924749140
+357 22222806
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Broker Information
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Acier FX Ltd
ArgusFX
Cyprus
Pyramid scheme complaint
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- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- The CyprusCYSEC regulation (license number: 334/17) claimed by this broker is suspected to be clone. Please be aware of the risk!
- The current information shows that this broker does not have a trading software. Please be aware!
WikiFX Verification
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:30 |
| Minimum Deposit | From $200 |
| Minimum Spread | From 0 pips |
| Products | USD, EUR, PLN |
| Currency | -- |
|---|---|
| Minimum Position | 0.01 lot |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | No |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:30 |
| Minimum Deposit | No Minimum |
| Minimum Spread | From 0.7 pips |
| Products | USD, EUR, PLN, GBP |
| Currency | -- |
|---|---|
| Minimum Position | 0.01 lot |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | Yes |
- Fundamental Item(A)
- Total Supplementary Items(B)
- Debt Amount(C)
- Non-Fixed Capital(A)+(B)-(C)=(D)
- Relative amount of risk(E)
- Market Risk
- Transaction Risk
- Underlying Risk
Capital
$(USD)
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ArgusFX · Company Summary
General Information & Regulation
Acier FX Ltd previously ArgusFX Ltd which operates under the domain «Argusfx.com» is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under CIF License Number 334/17. Established in 2000, ArgusFX is a STP broker, offering forex, commodities & indices CFDs, as well as precious metals on the popular MetaTrader 4 platform.
Market Instruments
Tradable financial instruments offered by ArgusFX include Indices CFDs, Spot Metals, Forex, Futures, and Stocks.
Minimum Deposit
Two different types of trading accounts are offered on the ArgusFX platform, the Standard STP account, and the Pro STP account. The Standard account requires no minimum initial deposit, while the Pro account has a minimum initial deposit of $200.
Leverage
ArgusFX offers a default leverage limit of 1:30 for major currency pairs and less for other assets. Clients can apply for higher leverage if they meet certain criteria.
Spreads & Commissions
The average spread offered by ArgusFX is 1.9 pips for EURUSD, 2.1 pips for EURGBP, 0.6 pips for EURJPY, 4 pips for XAUUSD, and 2.2 pips for XAGUSD. Objectively speaking, the spreads offered by ArgusFX are relatively high, and high spreads mean high transaction costs.
Trading Platform
ArgusFX offers traders the market-leading and highly acclaimed MT4 trading platform, as well as MT4 Desktop, MT4 Mobile, and MT4 Mobile App. The MT4 trading platform allows traders to access various currency pairs, analyze financial markets, and perform advanced trading operations, including the ECN/STP environment, EA (Expert Advisor) functionality, technical analysis with charts and indicators, allowing hedging and scalping.
Deposit & withdrawal
ArgusFX supports traders to deposit funds via VISA/MasterCard credit card (deposit fee: 1.35 EUR/USD or 5.6 PLN, withdrawal fee: 1.8% of the amount withdrawn), wire transfer (no fees for deposits, withdrawal fees from 5 EUR to 15.5 EUR), Skrill (no deposits fees, withdrawals: 1.8% of the amount withdrawn), Neteller (no deposits fees, withdrawals: 1.8% of the amount withdrawn), Yandex Money (2% fee for deposits, withdrawals: €0.30 or currency equivalent).
Trading Hours
Trading hours for stocks are 16:30 – 23:00 (GMT+2), Monday to Friday and for commodities, trading takes place between 01:05 and 23:55 GMT+2, Monday to Friday. For currencies, hours are from 00:00 Monday until 23:00 Friday (GMT+2). Specific times for all other assets are listed in the contract specifications.
Customer Support
Traders can get in touch with ArgusFX via live chat, telephone, or email. Unfortunately, on testing the live chat service within working hours, we did not receive a response.
Accepted Regions
ArgusFX Ltd does not offer its services to residents of certain jurisdictions such as USA, Iran, Cuba, Sudan, Syria, North Korea, Belgium, Canada and Japan.
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