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Ardu Prime foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://arduprime.com/#/become-client/MT5, about the company's legal and temporary regulatory information, the company's address Leoforos Agias Varvaras 56 Palaio Faliro, Athens, 17563.

Ardu Prime Forex Broker

Basic Information

Registered Region
Greece
Operating Period
--
Company Name
Ardu Prime SA
Abbreviation
Ardu Prime
Company employee
--
Customer Service Email Address
info@arduprime.com
Contact Number
+302103800820
Company Website
Company address
Leoforos Agias Varvaras 56 Palaio Faliro, Athens, 17563
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
Germany Common Financial Service License Revoked
Suspicious Overrun
High potential risk

Company profile

Registered in Greece Regulated by No effective regulation at this time Year(s) of establishment 2-5 years Trading instruments Forex, indices, US equities, commodities, specialty instruments and cryptocurrencies Minimum Initial Deposit €/$/£250 Maximum Leverage Information not available Minimum spread From 0.8 pips on premium account Trading platform MT5 Deposit and withdrawal method bank transfer and cryptocurrencies Customer Service Email/phone number/address Fraud Complaints Exposure No for now General information and regulations of Ardu Prime Ardu Prime is an online forex broker registered in Greece. However, its not under any effective regulations now, so please pay due attention to possible risks. In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly summarize the main advantages and disadvantages so that you can understand the broker's characteristics at a glance. Market instruments Forex, indices, US equities, commodities, specialty instruments and cryptocurrencies .....Ardu Prime allows clients to access a huge range of trading markets. Therefore, both beginners and experienced traders can find what they want to trade on Ardu Prime. Spreads and commissions for trading with Ardu Prime In the case of Ardu Prime, spreads and commissions depend on the instrument and the account. Let's take a premium account as an example. Minimum spreads are about 0.8 pips and commission is zero. Only institutional accounts have commissions. Account Types for Ardu Prime Demo Account: Ardu Prime provides a demo account that allows you to try out the financial markets without the risk of losing money. Live Account: Ardu Prime offers a total of 3 account types: standard, premium and institutional. The minimum deposit to open an account is $250, $25,000 and $100,000 respectively. If you are still a beginner and don't want to invest too much money in Forex trading, a standard account will be the most suitable option for you. However, we should also realize that too little capital not only reduces losses, but also reduces profitability. Therefore, you may find it “unexciting” or unprofitable. In addition, accounts with smaller initial deposits tend to have poorer trading conditions. Trading platforms offered by Ardu Prime The MT5 trading platform features powerful charting capabilities, including over 50 different technical indicators and intraday analysis tools. Access from a variety of devices also makes trading easier for users. Leverage offered by Ardu Prime You can't find information about trading leverage on Ardu Prime's website. Some forex brokers offer leverage of up to 1:500, but newbies are advised to be cautious about such high leverage. Deposit and withdrawal methods and fees Possible deposit and withdrawal methods are bank transfer and cryptocurrencies, and Ardu Prime does not charge extra fees. Educational resources A series of educational resources is available at Ardu Prime, such as news, analysis, glossary and market insights. Customer support of Ardu Prime Below are the details about the customer service. Language(s): English, Italian, Spanish, Portuguese, French, etcetera. Email: info@arduprime.com Phone Number: +30 210 3800820 +30 210 4406757 +30 211 2346609 Address: Leoforos Agias Varvaras 56 Palaio Faliro, Athens, 175 63 Poseidonos Avenue 80 Alimos, Athens, 174 55 Syngrou Avenue 371 Palaio Faliro, Athens, 175 64 75 King William Street London, UK, EC4N 7BE Social media: Facebook, Instagram, LinkedIn, twitter Users exposures on WikiFX We have not received any reports of fraudulent activity at this time. However, this does not necessarily mean that this broker is safe and you should remain vigilant to prevent being scammed. Advantages and disadvantages of Ardu Prime Advantages: MT5 Educational resources Many instruments available Demo account Disadvantages: No effective regulation Few information available Few deposit and withdrawal methods No MT4 No copy trading Frequent asked questions about Ardu Prime Is this broker well regulated? No, it is currently not effectively regulated and you are advised to be aware of its potential risks. What trading platforms does this broker offer? The platform offered by Ardu Prime is MT5.

Rating Index

INSTITUTIONAL

Minimum Deposit
--

PREMIUN

Minimum Deposit
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Ardu Prime Forex Broker - Complete Information Guide

  

1. Broker Overview

  Ardu Prime, established in 1999, is a registered financial institution headquartered in Athens, Greece. This broker operates as a private entity, initially catering to high-net-worth individuals before expanding its services to retail clients in 2020. Over the years, Ardu Prime has built a reputation for providing exceptional services, leveraging its extensive experience in the financial markets.

  The company's primary markets include the Forex, CFD, and cryptocurrency sectors, targeting both retail and institutional clients. Significant milestones in its development include the acquisition of regulatory licenses from various authorities and the launch of its dedicated cryptocurrency service, Ardu Crypto, which allows clients to engage in crypto trading and custodial services.

  Ardu Prime operates under a business model that focuses on retail Forex trading, providing clients with access to a wide range of financial instruments. The broker's commitment to transparency and customer service has positioned it as a trustworthy option in the competitive trading landscape.

  Ardu Prime broker is a name that resonates with reliability, given its two-decade-long presence in the financial services industry.

  

2. Regulation and Compliance Information

  Ardu Prime is regulated by the Hellenic Capital Market Commission (HCMC), which ensures compliance with the European MiFID II directives and anti-money laundering regulations. The broker holds the following licenses:

  • HCMC License Number: 4 / 164 / 20. 7. 1999
  • FCA License Number (UK): 725166
  • BaFin License Number (Germany): 10146106

  These regulatory bodies oversee Ardu Prime's operations, ensuring that it adheres to stringent financial standards. The broker maintains a secure trading environment with policies that include:

  • Segregation of client funds in accounts at top-tier European and UK banks.
  • Participation in the Greek Investment Guarantee Fund, which protects investors up to €30,000.
  • Implementation of Know Your Customer (KYC) and Anti-Money Laundering (AML) measures to prevent fraud and illicit activities.

  This robust regulatory framework underscores the legitimacy and safety of trading with the Ardu Prime broker.

  

3. Trading Products and Services

  Ardu Prime offers an extensive array of trading products, including over 200 CFDs across various asset classes. The broker provides access to:

  • Forex pairs: A diverse selection of major, minor, and exotic currency pairs.
  • CFDs on indices: Including major stock market indices like the Dow Jones, S&P 500, and NASDAQ.
  • Commodity CFDs: Trading options include precious metals like gold and silver, as well as energy products such as crude oil and natural gas.
  • Cryptocurrency CFDs: Including major cryptocurrencies like Bitcoin, Ethereum, and others.
  • Specialty CFDs: Such as the VIX and US dollar index.

  Ardu Prime continuously updates its product offerings, reflecting the evolving market demands. The broker's focus on providing a comprehensive trading experience makes it suitable for both novice and experienced traders seeking to diversify their portfolios.

  

4. Trading Platforms and Technology

  Ardu Prime exclusively offers the MetaTrader 5 (MT5) trading platform, which is renowned for its advanced features and user-friendly interface. The platform supports:

  • Automated trading through Expert Advisors (EAs).
  • Advanced charting capabilities with over 80 built-in technical indicators and 21 timeframes.
  • Mobile trading applications for both iOS and Android, allowing traders to manage their accounts on the go.

  The broker operates on a Straight-Through Processing (STP) model, ensuring that all orders are executed at the real market price without dealing desk intervention. This model enhances liquidity and provides traders with low-latency execution.

  Ardu Prime's commitment to technology and efficiency positions it as a competitive player in the online trading market, making the Ardu Prime broker an appealing choice for traders of all levels.

  

5. Account Types and Trading Conditions

  Ardu Prime offers three primary account types to cater to the diverse needs of its clients:

  • Standard Account: Requires a minimum deposit of $250, with no commissions on Forex or CFDs. Spreads start from 1.6 pips.
  • Premium Account: Requires a minimum deposit of $25,000, offering tighter spreads from 0.8 pips and full access to Trading Central tools.
  • Institutional Account: Requires a minimum deposit of $100,000 and provides tailored commission structures and spreads.

  All accounts support Islamic trading options and leverage up to 1:30 for retail clients. The broker also provides a demo account for new traders to practice without financial risk.

  

6. Funds Management

  Ardu Prime supports various deposit methods, including:

  • Bank transfers
  • Credit/debit cards
  • Cryptocurrencies

  The minimum deposit requirement varies by account type, with the standard account starting at $250. Deposits via credit/debit cards incur a 1% fee, while withdrawals are processed without additional charges.

  Withdrawal methods include bank transfers and cryptocurrencies, with processing times ranging from 1 to 5 days depending on the method chosen. Ardu Prime does not charge any internal fees for deposits or withdrawals, making it an attractive option for traders focused on cost-effective trading.

  

7. Customer Support and Educational Resources

  Ardu Prime provides customer support through various channels, including:

  • Email
  • Contact forms
  • Phone support

  Customer service is available from Monday to Sunday, 09:00 AM to 10:00 PM GMT+2. However, the broker currently does not offer live chat support.

  In terms of educational resources, Ardu Prime provides access to:

  • Market insights
  • Trading signals
  • A glossary of trading terms

  These resources are designed to assist both beginner and experienced traders in navigating the complexities of the financial markets.

  

8. Geographic Coverage and Restrictions

  Ardu Prime primarily serves clients in Greece, the United Kingdom, and Germany, with a growing presence in other European markets. However, the broker does not accept clients from certain countries, including:

  • United States
  • Syria
  • Iran
  • North Korea
  • Russia
  • Belarus

  This geographic focus allows Ardu Prime to tailor its services to meet the specific needs of its clients while ensuring compliance with local regulations.

  In conclusion, Ardu Prime stands out as a reputable broker with a solid regulatory framework, a wide range of trading products, and a commitment to customer service. With over 20 years of experience in the financial services industry, the Ardu Prime broker is well-positioned to meet the needs of traders seeking a reliable and secure trading environment.

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Latest Reviews

FX1282366453

FX1282366453

New Zealand

I have been trading with Ardu Prime for over one year, and I have not encounter any problem actually. What I love most is that Ardu Prime supports all trading strategies, without any trading restrictions.

Positive

2023-02-24

Ardu Prime

News

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Ardu Prime Forex Broker has an overall rating of 1.55, Regulatory Index 0.00, License Index 0.00, Business Index 7.33, Software Index 4.00 Risk Control Index 0.00.
Ardu Prime