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Arcola foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://arcolasec.com/en/?a=signup, about the company's legal and temporary regulatory information, the company's address 1211 avenue of the americas, 41ST floor NY 10036.

Arcola Forex Broker

Basic Information

Registered Region
Panama
Operating Period
--
Company Name
Arcola Securities
Abbreviation
Arcola
Company employee
--
Customer Service Email Address
info@arcolasec.com
Contact Number
+12029183060
Company address
1211 avenue of the americas, 41ST floor NY 10036
Keywords
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Rating Index

How to login to Arcola?
arcola Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a arcola Account Registering for an arcola account is the first step towards accessing its services. Below is a step-by-step guide to ensure a smooth registration

  

Arcola Forex Broker - Complete Information Guide

  

1. Broker Overview

  Arcola, officially known as Arcola Securities, was established approximately 2 to 5 years ago. The company is headquartered at 1211 Avenue of the Americas, 41st Floor, New York, NY 10036, United States. As a private entity, Arcola focuses primarily on providing retail forex and financial trading services to individual and institutional clients.

  Arcola's business model encompasses various financial services, including forex trading, contract for difference (CFD) trading, and other financial instruments. The broker has positioned itself to cater to a diverse clientele, including retail traders, institutional investors, and those seeking innovative trading solutions.

  The company has experienced a gradual growth trajectory since its inception, marked by milestones that reflect its commitment to providing a comprehensive trading experience. However, specific details regarding its historical development and major achievements are not explicitly stated in the available sources.

  As an emerging player in the financial services sector, Arcola operates under a business model that emphasizes accessibility and flexibility in trading, aiming to meet the evolving needs of its customers.

  

2. Regulatory and Compliance Information

  Arcola currently operates without any valid regulatory oversight, which raises significant concerns regarding its legitimacy and operational integrity. According to various sources, there is no valid regulatory information available for Arcola, indicating that it is not regulated by any recognized financial authority.

  • Regulatory Status: No regulation
  • Licenses: No valid licenses found
  • Customer Funds: The lack of regulatory oversight implies that there may not be a robust customer fund segregation policy in place.
  • Investor Compensation Fund: There is no evidence suggesting participation in any investor compensation schemes.
  • KYC and AML Compliance: The absence of regulatory oversight raises questions regarding the effectiveness of KYC (Know Your Customer) and AML (Anti-Money Laundering) compliance measures.

  Given the absence of regulatory frameworks, potential clients are strongly advised to exercise caution and conduct thorough due diligence before engaging with Arcola broker.

  

3. Trading Products and Services

  Arcola offers a range of trading products designed to meet the diverse needs of its clients.

  • Forex Currency Pairs: The broker provides access to a selection of currency pairs, though the exact number is not specified in the available information.
  • CFD Products: Arcola's offerings include CFDs on indices, commodities, stocks, and cryptocurrencies, allowing traders to diversify their portfolios.
  • Unique Trading Instruments: Specific unique products or trading instruments have not been detailed in the sources.
  • Product Updates: Information regarding the frequency of product updates or the addition of new trading instruments is not available.
  • Retail Trading Services: Arcola primarily focuses on retail trading, providing a platform for individual traders to access global financial markets.
  • Institutional Services: There are no specific details about institutional client services or white-label solutions offered by Arcola.
  • Asset Management Services: No information is provided on whether Arcola offers asset management services.

  Overall, while Arcola presents a variety of trading options, the lack of detailed information on the range of products and services may limit potential traders' understanding of what the broker can offer.

  

4. Trading Platform and Technology

  Arcola supports the widely recognized MetaTrader 4 and 5 platforms, which are popular among forex traders for their user-friendly interfaces and advanced trading features.

  • Proprietary Platform: There is no mention of a proprietary trading platform developed by Arcola.
  • Web-based Trading: The availability of a web-based trading platform is not specified in the sources.
  • Mobile Applications: Information regarding mobile application support for iOS and Android is not provided.
  • Execution Model: The broker's execution model is not explicitly defined, but traders should inquire about whether it operates on an ECN, STP, or Market Making basis.
  • Server Locations and Infrastructure: Details regarding server locations and the technological infrastructure supporting Arcolas trading operations are not available.
  • API Access and Automated Trading: There is no mention of API access or support for automated trading strategies.

  While the support for MetaTrader platforms is a positive aspect, the lack of information on proprietary technology and additional trading features may be a limitation for sophisticated traders.

  

5. Account Types and Trading Conditions

  Arcola offers various account types to accommodate different trading preferences, though specific details on account conditions are limited.

  • Standard Account Conditions: The minimum deposit, spreads, and commission structures are not explicitly detailed in the available information.
  • Advanced Account Types: Information regarding VIP or professional accounts is not provided.
  • Special Accounts: There is no mention of specific account types such as Islamic accounts or corporate accounts.
  • Demo Account Policy: The availability of demo accounts is not specified.
  • Leverage Range: The leverage ratios applicable to different products are not mentioned.
  • Minimum Trade Size: Details on minimum trade sizes are not provided.
  • Overnight Fees: Information regarding overnight fees or swap rates is not available.

  The lack of specific details on account types and trading conditions may hinder potential clients' ability to make informed decisions.

  

6. Fund Management

  Arcola provides various funding methods for clients to deposit and withdraw funds, although specific details are scarce.

  • Supported Deposit Methods: The available funding methods include bank transfers, credit cards, and electronic wallets, though specific providers are not listed.
  • Minimum Deposit Requirements: The minimum deposit amounts for different account types are not specified.
  • Deposit Processing Times: Information regarding the processing times for deposits is not available.
  • Deposit Fees: There are no details on any applicable deposit fees.
  • Withdrawal Methods and Restrictions: Withdrawal methods and any associated restrictions are not specified.
  • Withdrawal Processing Times: The processing times for withdrawals are not provided.
  • Withdrawal Fee Structure: Information regarding fees for withdrawals is not available.

  The lack of transparency in fund management practices may raise concerns for potential clients regarding the handling of their funds.

  

7. Customer Support and Educational Resources

  Arcola offers various customer support channels, although specific details are limited.

  • Support Channels: Clients can reach out to Arcola via phone, email, online chat, and social media, though specific platforms are not detailed.
  • Service Hours and Time Zone Coverage: Information regarding support availability and time zone coverage is not provided.
  • Multilingual Support: The languages supported by Arcola's customer service are not mentioned.
  • Educational Resources: The types of educational resources available, such as webinars, tutorials, and eBooks, are not specified.
  • Market Analysis Services: Information regarding daily market analysis, news, and research reports is not available.
  • Trading Tools: Details on trading tools such as calculators, calendars, and signal services are not provided.

  The lack of comprehensive information on customer support and educational resources may limit traders' ability to receive assistance and improve their trading skills.

  

8. Regional Coverage and Restrictions

  Arcola operates primarily in the United States, but specific details regarding its service markets and regional offices are limited.

  • Major Service Markets: The primary service market for Arcola is the United States.
  • Regional Office Distribution: There is no information available regarding the distribution of regional offices.
  • Countries/Regions Not Accepted: The specific countries or regions from which Arcola does not accept clients are not detailed.
  • Special Restrictions: Any special restrictions on trading or account opening are not specified.

  The lack of clarity regarding regional coverage and restrictions may pose challenges for potential clients considering engaging with Arcola broker.

  In conclusion, while Arcola broker presents itself as a potential option for forex and CFD trading, the lack of regulatory oversight, transparency in operations, and detailed information about its services raise significant concerns. Prospective clients should exercise caution and conduct thorough research before engaging with this broker.

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Latest Reviews

无边

无边

India

Good customer service, but the slippage is so huge that it will leave your account keep losing money. I totally closed my door open to this broker, and I swear that I won’t use it any more. I do advise that you don’t use it either.

37130

2023-03-13

Arcola Forex Broker has an overall rating of 1.44, Regulatory Index 0.00, License Index 0.00, Business Index 6.43, Software Index 4.00 Risk Control Index 0.00.