Arum Capital Review 2023
United States not accepted.Arum Capital is a CySEC-regulated forex broker offering the MT5 platform.
Regulated
Demo Account
Trade Signals
Forex Trading
Trade close to 70 forex pairs, including majors and minors.
Stocks Trading
Trade on 11 top stock indices, including the FTSE 100.
CFD Trading
Take flexible positions in the markets with leveraged CFDs.
Crypto Trading
Trade a handful of cryptocurrency coins against the US Dollar.
Arum Capital is a CySEC-regulated broker offering a diverse portfolio of assets, from forex to Bitcoin. In this review, we’ll explore the account management features including funding methods and platforms. We’ll also weigh up the main perks of trading with Arum Capital, as well as the features that traders might be limited by.
Arum Capital Details
ArumPro Capital Limited (Arum Capital) is based in Cyprus and regulated by the Cyprus Securities and Exchange Commission (CySEC). The broker’s liquidity providers are Swissquote Bank and LMAX Exchange, both reputable and regulated European exchanges, providing low spreads and ultra-fast execution.
The broker offers two ECN accounts and over 100 financial instruments, including forex pairs, metals, indices, cryptocurrencies, and energies. Traders also benefit from the trusted MetaTrader 5 trading platform.
MetaTrader 5 Trading Platform
The MT5 trading terminal is available for all clients at Arum Capital, offering fast execution via FIX-protocol and advanced trading functionality. Traders can execute 6 types of pending orders, analyse price movements on 21 time intervals using over 80 indicators and graphical objects. Other advantages include:
- MQL5 unique signals service
- Economic calendar and financial news
- Access to trading robots and other tools via MetaTrader Market
- Direct connection in Equinix LD4 (London) and NY4 (New York) data centres
Windows and MacOS users can download the terminal after registering for an account.
Markets
You can trade on over 100 forex and CFD instruments at Arum Capital:
- 69 currency pairs, including EUR/USD and GBP/EUR
- 7 CFD contracts on precious metals, including gold and silver
- 3 CFD contracts on energies, such as crude oil and natural gas
- 11 CFD contracts on major indices, such as FTSE 100 and S&P 500
- 5 CFD contracts on cryptocurrencies, including Bitcoin and Ethereum
Spreads & Commission
Arum Capital offers tight ECN spreads, averaging around 0.3 pips for EUR/USD and 0.7 pips for GBP/USD. Average spreads for indices such as the FTSE 100 are 1.6 pips and around 3.0 pips for crude oil.
Commission charges do apply on all assets, ranging from $27 to $31.5 per 1 million USD of the traded volume for currency pairs. For CFD contracts, commission rates average around 6.26 units of contract profit currency per 1 trading lot.
Leverage
The maximum leverage available is 1:30 for currency pairs, up to 1:20 for metals and indices, 1:10 for energies, and 1:2 for cryptocurrencies. For margin requirements, a useful trading calculator is provided on the website.
Mobile Trading
The MetaTrader 5 smartphone app allows traders to monitor the markets and manage positions from anywhere with a stable internet connection. The app hosts all the necessary tools for trading, including 30 technical indicators and 24 graphical objects, financial news, and a community chat. You can download the app from the App Store or Google Play.
Payment Methods
Arum Capital offers funding via bank transfer, Qiwi, credit/debit cards, Neteller, and Skrill, in USD only.
Most methods are processed within 1 business day and require a minimum deposit or withdrawal amount of 10 USD. Note that bank transfers take up to 5 days and require a minimum deposit of 500 USD and a minimum withdrawal of 100 USD. Service fees are listed below.
- Visa/MasterCard – 3.5% to deposit, 2.5% to withdraw
- Bank transfer – Free to deposit, $40 to withdraw
- Neteller – 3.5% to deposit, 2.5% to withdraw
- Qiwi Wallet – 6% to deposit, 1% to withdraw
- Skrill – 3.5% to deposit, 1.5% to withdraw
Demo Account
Traders can experience narrow spreads and leverage up to 1:30 in the ECN demo accounts, which are suited to beginners who wish to execute simulated trades at no financial risk. A demo account is quick and easy to open from the website.
Arum Capital Bonuses
Aside from the VIP program, Arum Capital does not currently offer any promotional deals, due to strict regulatory restrictions.
Regulation
ArumPro Capital Limited is a Cyprus Investment Firm (CIF), regulated by the Cyprus Securities and Exchange Commission (CySEC), under license number 323/17.
Arum Capital is fully compliant with the European Markets in Financial Instruments Directives (MiFID) and therefore ensures full fund security and risk management. This includes segregated client accounts, as well as participating in the Investment Compensation Fund.
Additional Features
Arum Capital does not offer much in terms of educational resources and unique tools. There is a technical analysis section and video reviews, however both areas have been neglected. There’s also a trading calculator and an economic calendar, though these are generally offered as standard at most brokers.
Account Types
There are two account types to choose from at Arum Capital: ECN Standard and ECN Classic. Apart from the tighter spreads and commissions in the Standard, the accounts are identical.
The minimum deposit for both is $500, which will likely price out most beginners. The minimum order size is 0.01 lots and the maximum position volume is unlimited. The Margin Call and Stop Out levels are 100% and 80% respectively. Hedging is also permitted in both accounts.
Benefits
This review uncovered several benefits of trading with Arum Capital:
- CySEC-regulated
- Narrow ECN spreads
- Execution within 5 milliseconds
Drawbacks
However, traders may be limited by several factors:
- No choice of platforms or web trader
- Islamic account not offered
- $500 minimum deposit
- Shares not offered
Trading Hours
Trading sessions for currency pairs and cryptocurrencies are 22:05 Sunday to 22:00 Friday (UTC). For metals and most indices, trading hours are 23:00 Sunday to 22:00 Friday (UTC). A full list of specific trading sessions is provided on the website.
Customer Support
Customer support is provided in English by calling +357 251 232 91 or by emailing info@arumcapital.eu. There’s also a live chat service that you can access from the top of the website page.
Arum Capital’s head office is located at 2 Gregory Afxentiou Street, 2nd floor, Office 201, 4003, Limassol, Cyprus.
Security
The MetaTrader 5 platform connects to highly secure servers located in the Equinix data centres in London and New York. The platform is also protected with SSL technology and traders have the option to set a one-time password at login.
Arum Capital Verdict
Arum Capital offers tight ECN spreads on forex and CFD instruments, with advanced trading and account management in the MT5 platform. Traders should also have peace of mind signing up with a CySEC-regulated broker. However, with the $500 minimum deposit and lack of additional content, Arum Capital is not the best option for beginners.
Accepted Countries
Arum Capital accepts traders from Australia, Thailand, United Kingdom, South Africa, Singapore, Hong Kong, India, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries.
Traders can not use Arum Capital from United States, Canada, Japan, Korea, France, Belgium, Brazil.
Payment Methods
Arum Capital Details
| Minimum Trade | 0.01 lots |
|---|---|
| Regulated By | CySEC |
| Islamic Account | No |
| Mobile Apps | Yes |
| Margin Trading | No |
| Volatility Index | No |
| Spot Trading | No |
| Perpetual Swaps | No |
| ELWs | No |
| REITs | No |
| AI / Machine Learning | No |
| Robo Advisor | No |
| P2P Trading | No |
| Negative Balance Protection | No |
| VPS Hosting | No |
| Tournaments | No |
| Demo Competitions | No |
| Managed Accounts | No |
| Market Maker | No |
| Auto Trading | Yes |
| Social Trading | No |
| Trade Signals | Yes |
| Guaranteed Stop Loss | No |
| Commodities |
|
CFD Trading Details
| FTSE Spread | 1.5 |
|---|---|
| GBPUSD Spread | 0.7 |
| Oil Spread | 3.0 |
| Stocks Spread | N/A |
| Leverage | 1:30 |
Forex Trading Details
| GBPUSD Spread | 0.7 |
|---|---|
| EURUSD Spread | 0.4 |
| EURGBP Spread | 1.0 |
| Assets | 69 |
Cryptocurrency Trading Details
| Crypto Spread | From 22.8 |
|---|---|
| Crypto Lending | No |
| Crypto Staking | No |
| Crypto Mining | No |
| Crypto Auto Market Maker | No |
| Crypto Coins |
|
Compare Arum Capital
Compare Arum Capital with similar brokers that accept traders from your location. Among available brokers these are the most similar to Arum Capital:
-
OANDA – OANDA offers 70 forex pairs with two competitive pricing models and a substantial welcome deposit bonus
Go to OANDA -
Forex.com – Forex.com boast a global reputation. Regulated in the UK, EU, US and Canada they offer a huge range of markets, not just forex, and offer tight spreads on a cutting edge platform.
Go to Forex.com -
Webull – Webull offers a popular online stock trading app with low fees and generous bonuses.
Go to Webull
Arum Capital Comparison Table
| Arum Capital | OANDA | Forex.com | Webull | |
|---|---|---|---|---|
| Rating | 2.5 | 4.5 | 4.5 | 4.4 |
| Markets | Forex, CFDs, indices, commodities, cryptocurrencies | Forex | Forex, CFDs, Stocks, Indices, Commodities, Cryptos, Futures, Options | Stocks, ETFs, options, cryptos, forex, ADRs, fractional shares, OTCs |
| Demo Account | Yes | Yes | Yes | Yes |
| Minimum Deposit | $500 | $0 | $100 | $0 |
| Minimum Trade | 0.01 lots | $0 | $1 | $5 |
| Regulators | CySEC | CFTC, NFA | CySEC, IIROC, NFA, CFTC, FCA, CIMA | SEC, FINRA |
| Bonus | – | $5,000 welcome bonus with a deposit of $500 | No | Six free stocks |
| Education | No | Yes | Yes | Yes |
| Platforms | MT5 | MT4, TradingView, AutoChartist | MT4, MT5, TradingView, AutoChartist, TradingCentral | – |
| Leverage | 1:30 | 1:30 EU, 1:200 Global | 1:200 | – |
| Payment Methods | 4 | 12 | 8 | 3 |
| Visit | – | Visit | Visit | Visit |
| Review | Arum Capital Review |
OANDA Review |
Forex.com Review |
Webull Review |
Compare Trading Instruments
Compare the markets and instruments offered by Arum Capital and its competitors. Please note, some markets may only be available via CFDs or other derivatives.
| Arum Capital | OANDA | Forex.com | Webull | |
|---|---|---|---|---|
| CFD | Yes | No | Yes | No |
| Forex | Yes | Yes | Yes | Yes |
| Stocks | Yes | Yes | Yes | Yes |
| Commodities | Yes | Yes | Yes | No |
| Oil | No | No | Yes | No |
| Gold | Yes | Yes | Yes | No |
| Copper | No | Yes | No | No |
| Silver | Yes | Yes | Yes | No |
| Corn | No | Yes | No | No |
| Crypto | Yes | Yes | Yes | Yes |
| Futures | No | No | Yes | No |
| Options | No | No | Yes | Yes |
| ETFs | No | No | No | Yes |
| Bonds | No | Yes | No | No |
| Warrants | No | No | No | No |
| Spreadbetting | No | No | No | No |
| Volatility Index | No | No | No | No |
Arum Capital vs Other Brokers
Compare Arum Capital with any other broker by selecting the other broker below.
FAQ
How can I make a deposit at Arum Capital?
You can fund your account by logging in to the client portal and following the instructions within your profile.
What can I trade at Arum Capital?
You can trade over 100 forex and CFD instruments, including currencies, cryptos, indices, and commodities.
What accounts are available at Arum Capital?
The broker offers two account types: ECN Standard and ECN Classic. The accounts are characterised by spreads and commissions.
Where is Arum Capital located?
The broker is headquartered at 2 Gregory Afxentiou Street, 2nd floor, Office 201, 4003, Limassol, Cyprus.
How much capital do I need to trade at Arum Capital?
The broker requires a $500 initial deposit for both account types.
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| Arum Capital is a CySEC-regulated forex broker offering the MT5 platform. | ||