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Forex brokers

Adrian Forex brokers Views: 75

ArgusFX

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Date founded
Dec 31, 1999
Demo version
Yes
Description

ArgusFX Forex and CFDs broker. It is fully licensed investment services firm offering a wide range of services and products including Forex and CFDs. The brokerage is regulated by CySec and the EU and is MiFID compliant. The minimum initial deposit in ArgusFX is only $1. Clients may also deposit $200 for additional trading features

Name

ArgusFX

News
Regulation
Cyprus Securities and Exchange Commission (CySEC),

Cyprus Securities and Exchange Commission (CySEC) under CIF License Number 334/17

Webinars
Yes
Country

Cyprus

Time zone

GMT

Languages

Arabic, Chinese, English, Greek, Indonesian, Polish, Serbian

Decimal pricing
5 Digits,
Hedging
Yes
Max Leverage

1:500

Minimal Lot
0,01
One Click
Yes
Scalping
Yes
Spot trading
Yes
Spreads
0,30
Trading Platform
MetaTrader 4,

Metatrader 4

Bonus

X

Currencies

USD

EUR

PLN

Currency pairs

60

Deposit methods
Bank wire, Credit card (VISA/Mastercard), Skrill, Neteller, WebMoney, QIWI,

credit/debit cards

bank wire transfer

e-wallet payment systems

Skrill

Neteller

Qiwi

Sofort

China UnionPay

Yandex Money

WebMoney

Minimum Initial Deposit

-

Mini Account:

N/A

Standard Account:

$1

ECN Account:

N/A

Premium:

$200

Withdrawal methods
WebMoney, FasaPay, Neteller, Skrill, Credit card (VISA/Mastercard), Bank wire,
Support URL
argusfx.com
Contact phone

+35725347750

Contact email

ArgusFX has mastered the art of blending wise trade strategies with realistic Forex market opportunities. Established about 20 years ago, the firm has grown into a globally revered Straight through Processing (STP) FX broker. Also known as Electronic Communication Network or ECN, for short, STP brokerage firms are often built on the wings of financially steady parent companies. For example, ArgusFX traces its roots to Cypriot Investment Firm. The solid financial background enables the Forex Company to demonstrate exemplary financial management skills besides an array of impressive FX market tools with a command impressive features.

 

Features:

Many of the features that make ArgusFX great bring together a mix of technology and innovative FX markets market management strategies. The firm’s approach to the FX market enables it to offer the lowest leverage level compared to other FX platforms that operate under the watch of Cyprus Securities Exchange (CySEC) and other oversight bodies such as CSE, ADEX, and ASE. Other management-style-related features include extended trading hours and zero margin requirements for full running positions with high trade margin levels.

 Account holders with trade capital below $20,000 are allowed to deal in micro slots. Other ArgusFX features include free and flexible account swap for people in search of “bull’s eye” FX investment opportunities. ArgusFX gives almost 10 online cash out options – making it easy to deposit trade funds and to withdraw the profits from any part of the world at whim. Other than these you get to enjoy ArgusFX tech-related features that have made the firm a leader in the industry. They include a digitized trade audit trail, diverse MT4 trading platforms, in addition to asset and risk management tools and free VPS hosting for maximum security.

 

Advantages:

The FX market is no place for armatures. Wading through the tech-supported financial maze requires you to walk under the tutelage of the ArgusFX brokers with years of experience in market analysis that cut across the bullion and CFD markets. With an ArgusFX trading account you also benefit from:

•     Lucrative hedging opportunities.

•     Innovative, accurate and transparent audit services.

•     Live price feed to help you make sense of the Forex market’s dynamics at a glance.

•     Micro slot trade options.

•     Vibrant live discussions.

•     Cutting edge FX trade tools such as MetaTrader – giving you the impetus to take full advantage of ArgusFX’s mega liquidity aggregation.

 

Disadvantages:

You don’t stay ahead of the park for close to two decades in the world’s most dynamic markets if you’re prone to bad reputation trends. Some shy away from ArgusFX because it doesn’t allow trade in micro-slots for accounts holders worth over $20,000. However, this is a standard industry practice. FX platforms that allow this are less likely to be genuine.

 

Conclusion:

ArgusFX introduces you to the game using a demo account. This sharpens your skills. Once you start live trading, the account’s features offer protection against negative balance to grant you superior liquidity options. Instant funding and withdrawal of funds through an array of online cash-out channels give you the entrepreneurial push to turn FX markets into a modern-day trade platform with a tinge of success.

Pros & Cons
  • Well-regulated
  • MT4 available
  • Negative Balance Protection
  • Pure STP model
  • No choice of trading platforms
  • Comparatively high spreads

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