Arum Capital Forex Broker

Arum Capital Forex Broker - Complete Information Guide

1. Broker Overview

Arum Capital, officially known as Arum Pro Capital Limited, was established in 2017 and is headquartered in Limassol, Cyprus. The company operates as a private entity, focusing primarily on providing retail forex and CFD trading services to a diverse clientele, including both novice and experienced traders. Over the years, Arum Capital has made significant strides in the online trading space, gaining recognition for its competitive trading conditions and robust platform offerings.

The broker operates under the regulatory framework of the Cyprus Securities and Exchange Commission (CySEC), which underscores its commitment to maintaining high standards of financial integrity and client protection. Arum Capital's business model is primarily based on offering ECN (Electronic Communication Network) trading, allowing clients to access real market prices without interference from a dealing desk, thereby ensuring transparency and fairness in trading.

The company has experienced steady growth since its inception, marked by the introduction of advanced trading technologies and a user-friendly interface on its platforms. As a result, it has positioned itself as a viable option for traders seeking a reliable and efficient trading environment.

2. Regulation and Compliance Information

Arum Capital is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 323/17. This regulatory oversight ensures that the broker adheres to strict guidelines that protect investors and maintain market integrity. The CySEC license is valid across the European Union, allowing Arum Capital to operate under the Markets in Financial Instruments Directive (MiFID) framework.

The broker has implemented several measures to safeguard client funds, including the maintenance of segregated accounts. This ensures that clients' funds are kept separate from the company's operational funds, providing an additional layer of security. Moreover, Arum Capital participates in the Investor Compensation Fund (ICF), which offers compensation to eligible clients in the event of the broker's insolvency, up to a maximum of €20,000.

In terms of compliance, Arum Capital adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, ensuring that all clients undergo a verification process to prevent fraudulent activities. This commitment to regulatory compliance enhances the broker's credibility and reliability in the financial markets.

3. Trading Products and Services

Arum Capital offers an extensive range of trading products, catering to various trading preferences. The broker provides access to over 100 financial instruments, including:

• Forex Pairs: The broker offers a selection of 69 currency pairs, including major pairs like EUR/USD and GBP/USD.
• CFDs: Clients can trade contracts for difference on various asset classes, including:
• Indices: 11 contracts on major indices such as the FTSE 100 and S&P 500.
• Precious Metals: 7 CFDs on metals, including gold and silver.
• Energies: 3 CFDs on energy commodities such as crude oil and natural gas.
• Cryptocurrencies: 5 CFDs on popular cryptocurrencies, including Bitcoin and Ethereum.

Arum Capital continuously updates its product offerings to meet market demands, ensuring that clients have access to the latest trading opportunities. While the broker does not currently offer direct stock trading, its diverse range of forex and CFD products makes it a suitable choice for traders focused on these markets.

4. Trading Platforms and Technology

Arum Capital exclusively utilizes the MetaTrader 5 (MT5) platform, which is renowned for its advanced trading features and user-friendly interface. The platform supports various trading styles, including scalping and automated trading, and offers:

• Multiple Order Types: Traders can execute market orders, limit orders, stop orders, and more, enhancing their trading flexibility.
• Technical Analysis Tools: The platform provides access to over 80 technical indicators and various charting tools, allowing traders to conduct in-depth market analysis.
• Mobile Trading: Arum Capital's MT5 platform is available on both iOS and Android devices, enabling traders to manage their accounts and execute trades on the go.

The broker operates on an ECN execution model, which ensures that trades are executed directly with liquidity providers, resulting in tight spreads and fast execution times. The trading infrastructure is supported by secure servers located in data centers in London and New York, ensuring reliable access to the markets.

Additionally, Arum Capital offers API access for traders interested in algorithmic trading, allowing for the automation of trading strategies and seamless integration with third-party applications.

5. Account Types and Trading Conditions

Arum Capital provides two primary account types:

• ECN Standard Account:
• Minimum Deposit: $500
• Spread: Starts from 0.0 pips (variable)
• Commission: Charged on trades, typically ranging from $27 to $31.5 per million USD traded.
• ECN Classic Account:
• Minimum Deposit: $500
• Spread: Starts from 0.7 pips (no commission).
• Commission: None.

Both account types allow for a minimum trade size of 0.01 lots and provide leverage of up to 1:30 for forex pairs, with lower leverage available for other asset classes. The broker also allows hedging and scalping strategies, making it suitable for various trading approaches.

Arum Capital offers a demo account for traders to practice their strategies without financial risk. The demo account features similar trading conditions to live accounts, allowing users to familiarize themselves with the platform and develop their trading skills.

6. Funds Management

Arum Capital provides a variety of funding methods for both deposits and withdrawals, ensuring flexibility for its clients. The available deposit methods include:

• Bank Transfers
• Credit/Debit Cards (Visa, Mastercard)
• E-wallets (Neteller, Skrill, Qiwi)

The minimum deposit requirement is $500, and deposits are typically processed within 1 business day. However, bank transfers may take longer, up to 5 business days.

Withdrawal methods mirror the deposit options, and while there are no fees for deposits, withdrawal fees may apply depending on the method used. For instance:

• Bank Transfer: $40 withdrawal fee.
• Credit/Debit Cards: 2.5% fee for withdrawals.
• E-wallets (Neteller, Skrill): Fees vary between 1% to 3.5%.

Withdrawals are generally processed within 24 hours, but the time taken for the funds to appear in the client's account may vary based on the chosen method.

7. Customer Support and Educational Resources

Arum Capital offers customer support through multiple channels, including:

• Email: Clients can reach out to support via info@arumcapital.eu.
• Live Chat: Available directly on the broker's website for quick assistance.
• Phone Support: Clients can call +357 251 232 91 for inquiries.

The support team is available from 09:00 to 19:00 GMT+2, providing assistance in English and Russian. While the broker does not offer 24/7 support, response times are generally prompt.

In terms of educational resources, Arum Capital provides limited materials. Traders can access a few technical analysis articles and video reviews, but comprehensive educational content such as webinars or in-depth trading courses is lacking. The broker does offer a trading calculator and an economic calendar, which can assist traders in making informed decisions.

8. Regional Coverage and Restrictions

Arum Capital primarily services clients in various countries, including those within the European Union and select international markets. However, it does not accept clients from certain jurisdictions, including:

• United States
• Canada
• Japan
• Belgium
• France
• Brazil
• North Korea

The broker's operations are concentrated in regions where it can comply with local regulations, ensuring that it provides services in a legally compliant manner. This selective approach helps maintain the integrity and reliability of its trading platform.

In conclusion, Arum Capital stands as a noteworthy option for traders seeking a regulated and reliable forex and CFD trading environment. With its commitment to transparency, competitive trading conditions, and a robust platform, it caters to a diverse range of trading preferences while ensuring a secure trading experience. However, potential clients should consider the minimum deposit requirement and the limited educational resources available when deciding if this broker aligns with their trading needs.