Arum Capital Review 2023
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Arum Capital is a CySEC-regulated forex broker offering the MT5 platform.
Trade close to 70 forex pairs, including majors and minors.
Trade on 11 top stock indices, including the FTSE 100.
Take flexible positions in the markets with leveraged CFDs.
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.
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.
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.
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.
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
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.
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.
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.
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.
This review uncovered several benefits of trading with Arum Capital:
- Narrow ECN spreads
- Execution within 5 milliseconds
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 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 is provided in English by calling +357 251 232 91 or by emailing firstname.lastname@example.org. 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.
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.
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.
Arum Capital Details
|Minimum Trade||0.01 lots|
|AI / Machine Learning||No|
|Negative Balance Protection||No|
|Guaranteed Stop Loss||No|
CFD Trading Details
Forex Trading Details
Cryptocurrency Trading Details
|Crypto Spread||From 22.8|
|Crypto Auto Market Maker||No|
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 is a popular brand offering exceptional execution, low deposit requirements and advanced charting and trading platform features. The top-rated brand has over 25 years of experience and is authorized by leading regulators, including the CFTC/NFA. Around the clock support is available, alongside flexible contract sizes and automated trade executions.
Go to OANDA
Webull – Webull is a US-regulated trading app that offers stocks, options, forex, cryptos, ETFs, fractional shares and more. The firm is authorized by the SEC and FINRA with a strong trust rating. Low fees, no minimum investment and generous bonuses have made the discount broker popular with online investors.
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Forex.com – Forex.com boasts a global reputation with multiple awards and 20+ years experience. Regulated in the US, EU, UK and Canada they offer a huge range of markets, not just forex, and offer competitive fees on a cutting-edge platform. The brand also provides a suite of additional tools, from performance analytics and SMART Signals to advanced charts and strategy builders.
Go to Forex.com
Arum Capital Comparison Table
|Markets||Forex, CFDs, indices, commodities, cryptocurrencies||Forex||Stocks, ETFs, options, cryptos, forex, ADRs, fractional shares, OTCs||Forex, CFDs, Stocks, Indices, Commodities, Cryptos, Futures, Options|
|Minimum Trade||0.01 lots||$0||$5||$1|
|Regulators||CySEC||CFTC, NFA||SEC, FINRA||CySEC, IIROC, NFA, CFTC, FCA, CIMA, CIRO|
|Bonus||–||$5,000 welcome bonus with a deposit of $500||Six free stocks||–|
|Platforms||MT5||MT4, TradingView, AutoChartist||–||MT4, MT5, TradingView, AutoChartist, TradingCentral|
|Leverage||1:30||1:30 EU, 1:200 Global||–||1:200|
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 vs Other Brokers
Compare Arum Capital with any other broker by selecting the other broker below.
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.
|Arum Capital is a CySEC-regulated forex broker offering the MT5 platform.|