Cyprus Securities and Exchange Commission regulates ArumPro Capital Limited (Arum Capital), which has its headquarters there (CySEC). Swissquote Bank and LMAX Exchange, two recognized and regulated European exchanges that offer low spreads and lightning-fast execution, are the broker’s liquidity providers. The broker provides two ECN accounts and more than 100 financial products, such as FX pairings, metals, indices, cryptocurrencies, and energies.
- Broker type- ECN
- Minimum Deposit-500
- Maximum Foreign Leverage- 100:1
- Free Demo Account- Yes
- Traders from the USA- No
- Supported Languages- English, Spanish, Russian
- Trading Platform- Meta Trading Platform
Benefits of Arum Capital
- It is CySEC regulated.
- Its execution is done in 5 milliseconds only.
- The ECN spreads are narrow.
- Spreads starting at 0.0 pips are offered to encourage scalpers.
- Directly via liquidity providers, all client orders are processed.
Financial Transfers
Funding is only available from Arum Capital in USD and can be done by bank transfers, Qiwi, credit/debit cards, Neteller, and Skrill. A minimum deposit or withdrawal sum of 10 USD is required for the majority of methods, which complete transactions in 1 business day. The minimum deposit amount is 500 USD, while the minimum withdrawal amount is 100 USD, and bank transactions might take up to 5 days.
Indicators & Commission
Tight ECN spreads, averaging about 0.3 pips for EUR/USD and 0.7 pips for GBP/USD, are available from Arum Capital. The FTSE 100 has an average spread of 1.6 pip, whereas the gap for crude oil is roughly 3.0 pip.
On all assets, there are commission fees that range from $27 to $31.5 per 1 million of USD concerning the total traded volume for currency pairs. For CFD contracts, the commission rate per one trading lot is typically 6.26 units of the contract profit currency.
Leverage
The greatest leverage being offered is 1:10 for energies, up to 1:20 for metals as well as indices, and 1:30 for currency pairings. The maximum leverage offered for cryptocurrencies is 1:2. On the website, there is a helpful trading calculator for margin requirements.
Mobile Commerce
Traders can keep an eye on the markets and manage their positions from any location with a reliable internet connection, thanks to the MetaTrader 5 mobile app. The program contains all the tools required for trading, including financial news, 30 technical indicators, 24 graphical objects, and a community chat. The app is available to be downloaded via Google Play or the App Store.
Demo Account
The ECN sample accounts are ideal for beginners who want to execute simulated trades with no danger to their money because they provide traders with tight spreads and leverage up to 1:30. It asks for just a few seconds to open a demo account on the website.
Types of Account
ECN Standard and ECN Classic are the two account types available at Arum Capital. The only difference between the accounts is the Standard’s tighter spreads and commissions. Both need a $500 minimum deposit, which is likely too expensive for most newcomers. The minimum quantity is 0.01 lots, while the maximum volume for a position is limitless. The levels for the Margin Call and Stop Out are 100 and 80 percent, respectively. Both accounts also allow for hedging.
Security
The MetaTrader 5 platform is connected to extremely secure servers housed in the Equinix data centers in London and New York. Additionally secured by SSL technology, the site offers traders the ability to set a one-time password when logging in.
Frequently Asked Questions
- Arum Capital offers what types of accounts?
Both ECN Standard and ECN Classic accounts are available through the broker. Spreads and commissions are the accounts’ defining features.
- Arum Capital is based somewhere, right?
The broker’s corporate headquarters are located at 2 Gregory Afxentiou Street, 2nd floor, Office 201, 4003, Limassol, Cyprus.
- At Arum Capital, what products may I trade?
Currency, cryptocurrencies, indices, and commodities are just a few of the more than 100 forex and CFD products available for trading.
- I want to trade at Arum Capital; how much capital do I need?
For both account types, the broker demands a $500 opening deposit.
- How can I put money into Arum Capital?
After entering into the client site, you can fund your account by doing as instructed in your profile.