ARC Market foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://arcmarket.capital/, about the company's legal and temporary regulatory information, the company's address 130 Old Street, London, England, EC1V 9BD.
ARC Market broker review
Is ARC Market safe or scam
Company Name and Establishment:
ARC Market, a relatively new trading platform, was established on January 31, 2023.
Headquarters and Main Office:
The platform claims its headquarters are located at 130 Old Street, London, England, EC1V. However, there is no verification of this address in the UK government registration database, raising concerns about its legitimacy.
Company Nature:
ARC Market operates as a private brokerage firm, focusing on trading services in the forex and cryptocurrency markets.
Primary Market and Clientele:
The broker primarily caters to retail clients interested in forex and cryptocurrency trading. It aims to provide various financial products to both novice and experienced traders.
Company Development and Milestones:
Since its inception, ARC Market has positioned itself as a platform offering diverse trading products, including forex and cryptocurrencies. However, the lack of transparency regarding its registration and regulation raises significant concerns for potential clients.
Parent Company or Group Relations:
There is no publicly available information regarding any parent company or group affiliations associated with ARC Market.
Business Model Overview:
ARC Market operates primarily as a retail forex broker, offering trading services in foreign exchange and cryptocurrency markets. The platform claims to provide a user-friendly interface for traders, although specific details about its trading accounts and platforms remain vague.
Main Regulatory Bodies:
ARC Market claims to be regulated by the Financial Conduct Authority (FCA) in the UK. However, there is no relevant company name associated with ARC Market in the FCA database, indicating a lack of regulation.
Regulatory Numbers:
As there is no verified registration with the FCA, no regulatory numbers can be provided for ARC Market.
License Validity and Scope:
ARC Market has not disclosed any information regarding the validity or scope of its regulatory licenses, further contributing to concerns about its compliance.
Legal Entities in Different Regions:
Currently, there is no information available about the legal entities operating under ARC Market in various regions.
Client Funds Segregation Policy:
Details regarding the segregation of client funds have not been disclosed on the official website, raising concerns about the safety of investor funds.
Investor Compensation Fund Participation:
ARC Market has not provided any information regarding its participation in investor compensation schemes, which is critical for protecting clients in case of broker insolvency.
KYC and AML Compliance Measures:
While the platform likely follows Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, specific details regarding its compliance measures have not been publicly disclosed.
Number of Forex Currency Pairs and Major Types:
ARC Market claims to support trading in a wide range of forex currency pairs, including major pairs like EUR/USD and USD/JPY. However, specific details regarding the total number of pairs offered are not available.
CFD Product Categories:
The platform reportedly offers trading services for various CFDs, including indices, commodities, stocks, and cryptocurrencies. However, detailed information on the specific products available is lacking.
Unique or Special Trading Products:
ARC Market has not disclosed any unique trading products or exclusive trading features that differentiate it from other brokers.
Product Update Frequency and New Additions:
There is no information available about how frequently ARC Market updates its product offerings or adds new trading instruments.
Retail Trading Services:
The broker provides retail trading services, allowing individual clients to trade forex and cryptocurrencies. However, details about specific account types and conditions are not clearly outlined.
Institutional Client Services:
There is no mention of services specifically tailored for institutional clients on the ARC Market platform.
White Label Solutions:
The platform has not provided information regarding white label solutions or services for other businesses.
Asset Management Services:
ARC Market has not disclosed any asset management services available to clients.
MetaTrader 4/5 Support Status:
ARC Market has not specified whether it supports MetaTrader 4 or MetaTrader 5, which are popular trading platforms among forex traders.
Proprietary Platform Details:
Details about any proprietary trading platform developed by ARC Market are not disclosed, raising concerns about the technology used for trading.
Web-based Trading Platform:
Information regarding a web-based trading platform is not available, leaving potential clients in the dark about their trading options.
Mobile Application Support:
There is no mention of mobile application support for iOS or Android devices, which is a critical feature for many traders today.
Execution Models (ECN, STP, Market Making):
ARC Market has not clarified its execution model, making it difficult for traders to understand how their orders will be processed.
Server Location and Technical Infrastructure:
Specific details about the server locations and the technical infrastructure supporting ARC Market's trading platform have not been provided.
API Access and Automated Trading Support:
There is no information available regarding API access or support for automated trading, which is essential for algorithmic traders.
Standard Account Conditions:
ARC Market has not provided specific information about the conditions for standard accounts, including minimum deposits, spreads, and commissions.
Advanced Account Types:
Details regarding advanced account types, such as VIP or professional accounts, are not available, making it unclear what options are available for experienced traders.
Special Accounts:
There is no mention of special accounts, such as Islamic accounts or corporate accounts, on the ARC Market platform.
Demo Account Policy:
Information about the availability of demo accounts for practice trading is not provided.
Leverage Range:
The broker has not disclosed the leverage ratios available for different trading products, which is crucial for traders looking to manage their risk.
Minimum Trade Size:
Specific details regarding the minimum trade sizes for various instruments have not been shared.
Overnight Fees Policy:
ARC Market has not provided information regarding overnight fees or swap rates, which can significantly impact trading costs.
Supported Deposit Methods:
ARC Market has not specified the deposit methods available, such as bank transfers, credit cards, or e-wallets.
Minimum Deposit Requirements:
There is no information on minimum deposit requirements for different account types, which is essential for potential clients.
Deposit Processing Times:
Details regarding the processing times for deposits are not available, leaving traders uncertain about how quickly they can fund their accounts.
Deposit Fees:
ARC Market has not disclosed any deposit fees, creating ambiguity about potential costs associated with funding accounts.
Withdrawal Methods and Restrictions:
Information about withdrawal methods and any associated restrictions is not provided, raising concerns about the ease of accessing funds.
Withdrawal Processing Times:
Details regarding the processing times for withdrawals have not been shared.
Withdrawal Fee Structure:
ARC Market has not disclosed any withdrawal fees, adding to the uncertainty for potential clients.
Support Channels:
ARC Market offers customer support through email, but specific details regarding phone support, live chat, or social media channels are not provided.
Service Hours and Time Zone Coverage:
Information about customer support service hours and time zone coverage is lacking, making it difficult for clients to know when assistance is available.
Multilingual Support:
The platform claims to support English, but there is no information on other languages available for customer support.
Types of Educational Resources:
ARC Market has not specified the types of educational resources available, such as webinars, tutorials, or e-books.
Market Analysis Services:
Details regarding daily market analysis, news, or research reports are not available, which could be essential for traders seeking insights.
Trading Tools:
Information on trading tools such as calculators, calendars, or signal services has not been provided.
Primary Service Markets:
ARC Market primarily targets clients interested in forex and cryptocurrency trading, but the specific regions served are not disclosed.
Regional Office Distribution:
There is no information available about the distribution of regional offices for ARC Market.
Countries/Regions Not Accepting Clients:
ARC Market has not specified any countries or regions from which it does not accept clients, which is crucial for potential traders.
Special Restrictions Explanation:
Details regarding any special restrictions or limitations on trading are not provided.
In conclusion, ARC Market presents itself as a new player in the forex and cryptocurrency trading industry. However, the lack of transparency regarding its regulatory status, product offerings, and customer support raises significant concerns for potential investors. It is crucial for traders to conduct thorough research and due diligence before engaging with this broker to ensure the safety of their funds and the legitimacy of the trading services offered.