ARUM Forex Broker provides real users with * positive reviews, 1 neutral reviews and * exposure review!
Business
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VFSC Revoked 
Generally speaking, I think the trading conditions offered by this company are attractive, but security is the most important thing when I choose a broker. The company only has a Vanuatu offshore license, so who knows if these good deals aren't just bait for a scammer to lure you in?
Arum Capital has garnered mixed reviews in the online trading community, primarily due to its regulatory status and trading conditions. While some users appreciate the competitive spreads and fast execution, others express concerns regarding the high minimum deposit requirement and limited educational resources. This review aims to provide a comprehensive analysis of Arum Capital, highlighting user experiences, expert opinions, and key features.
Note: It's crucial to recognize that there are different entities operating under similar names, which can lead to confusion. This review focuses on Arum Capital regulated by the Cyprus Securities and Exchange Commission (CySEC).
| Category | Rating (out of 10) |
|---|---|
| Account Conditions | 6 |
| Tools and Resources | 4 |
| Customer Service and Support | 5 |
| Trading Experience | 7 |
| Trustworthiness | 6 |
| User Experience | 5 |
We rate brokers based on a combination of user feedback, expert analysis, and factual data.
Founded in 2017, Arum Capital is an online brokerage firm based in Cyprus, regulated by the Cyprus Securities and Exchange Commission (CySEC). The broker offers access to various financial markets, including Forex, CFDs, and cryptocurrencies, primarily through the popular MetaTrader 5 (MT5) trading platform. Arum Capital is recognized for its commitment to transparency and competitive trading conditions, although it has faced criticism regarding its educational offerings and customer support.
Regulated Regions: Arum Capital operates under the regulatory framework of CySEC, which provides a level of investor protection through the Investor Compensation Fund (ICF). However, it does not accept clients from high-regulation countries like the USA and Canada, which raises questions about its accessibility and trustworthiness.
Deposit/Withdrawal Currencies: The broker supports deposits and withdrawals in USD, EUR, and several e-wallets. However, it does not accept cryptocurrency for funding or withdrawals, which is a limitation for many traders today.
Minimum Deposit: The minimum deposit required to open an account with Arum Capital is $500. This relatively high entry barrier may deter novice traders looking for low-cost options.
Bonuses/Promotions: Currently, Arum Capital does not offer any promotional bonuses or incentives, which is common among regulated brokers due to strict regulatory guidelines.
Tradeable Asset Classes: Arum Capital provides access to over 100 financial instruments, including 69 currency pairs, various commodities, indices, and cryptocurrencies. However, its offering in non-FX instruments is considered limited compared to other brokers.
Costs (Spreads, Fees, Commissions): The broker offers competitive spreads, starting from as low as 0.0 pips for major currency pairs like EUR/USD. However, commissions apply, ranging from $27 to $31 per million USD traded. This structure may not be as appealing for casual traders who prefer commission-free trading.
Leverage: Arum Capital offers leverage up to 1:30 for Forex trading, which is in line with European regulations. This limited leverage may not suit traders looking for higher risk/reward scenarios.
Allowed Trading Platforms: The primary trading platform is MetaTrader 5, which is well-regarded for its advanced features and user-friendly interface. However, the absence of MetaTrader 4 may disappoint some traders who prefer that platform.
Restricted Regions: Arum Capital does not accept clients from several countries, including the USA, Canada, and Japan, which may limit its market reach.
Available Customer Support Languages: Customer service is available in English and Russian, but support hours are limited, which may affect traders requiring assistance outside of regular business hours.
| Category | Rating (out of 10) |
|---|---|
| Account Conditions | 6 |
| Tools and Resources | 4 |
| Customer Service and Support | 5 |
| Trading Experience | 7 |
| Trustworthiness | 6 |
| User Experience | 5 |
Account Conditions: The minimum deposit of $500 is relatively high, which may deter beginner traders. The two account types available (ECN Standard and ECN Classic) both require this minimum deposit, limiting accessibility.
Tools and Resources: Arum Capital lacks substantial educational resources, which is a significant drawback for new traders. The available tools are limited to basic market analysis and a trading calculator, with little in the way of advanced educational content.
Customer Service and Support: Customer support is rated poorly by some users, with reports of slow response times and limited availability. This could be a significant issue for traders needing immediate assistance.
Trading Experience: Users generally report a fast execution speed with Arum Capital, with many transactions completed within milliseconds. This is a strong point for the broker, especially for high-frequency traders.
Trustworthiness: While regulated by CySEC, the relatively high minimum deposit and lack of promotional offerings raise concerns about accessibility and competitiveness in the market.
User Experience: Overall user experiences vary, with some praising the execution speed and competitive spreads, while others criticize the lack of educational resources and customer support.
In conclusion, while Arum Capital offers competitive trading conditions and a regulated environment, potential traders should weigh the high minimum deposit and limited educational resources against their trading needs. The broker may be more suitable for experienced traders who prioritize execution speed and competitive spreads over extensive support and educational resources.
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