Arum Capital Review: Is This Forex Broker Worth Trading With?
Arum Capital
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Minimum Deposit $500
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Withdrawal Fee $varies
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Leverage 100:1
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Minimum Order 0.01
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Forex Available
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Crypto Available
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Stock Unavailable
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Indices Available
Licenses
Softwares & Platforms
Customer Support
Supported language: English, Russian
Social Media
Summary
Arum Capital is a Cyprus-based forex and CFD broker established in 2017, regulated by the Cyprus Securities and Exchange Commission (CySEC). Operating under an ECN model, it offers direct market access without dealing desk intervention, ensuring transparency and competitive trading conditions. Traders can access a wide range of instruments, including over 70 currency pairs, commodities, indices, and cryptocurrencies, through the MetaTrader 5 platform. The broker provides two account types: ECN.Standard with tight spreads and commissions, and ECN.Classic with wider spreads but no commissions. With a minimum deposit requirement of $500 and leverage up to 1:100 for eligible professional clients under CySEC regulation, Arum Capital caters to both novice and experienced traders seeking a regulated trading environment.
- Regulated by CySEC, providing oversight and client protection
- ECN execution model with competitive spreads from 0.0 pips
- Negative balance protection and segregated client funds for safety
- MetaTrader 5 platform offering advanced trading features
- Leverage up to 1:100 for forex trading
- Limited range of tradable instruments compared to some brokers
- High minimum deposit requirement of $500
- No choice of trading platforms beyond MetaTrader 5
- Educational resources not as extensive as industry leaders
- No 24/7 customer support or top-tier live chat response times
Overview
Arum Capital is an online forex and CFD broker founded in 2007 and headquartered in Cyprus. As a relatively new player in the industry, Arum Capital strives to provide reliable, transparent trading conditions and advanced technologies to traders, investors, and partners.
As a CySEC-regulated broker, Arum Capital must adhere to strict rules to protect client funds, such as keeping them in segregated accounts and participating in the Investor Compensation Fund. This provides a level of safety for traders, though no investment is without risk.
Arum Capital emphasises its commitment to being a transparent broker, only profiting from commissions rather than trading against clients. The ECN execution model supports this, as orders are routed directly to liquidity providers.
While Arum Capital has competitive points like its regulatory status and ECN model, the high $500 minimum deposit and lack of platform choices beyond MetaTrader 5 could be drawbacks for some traders. As always, potential clients should carefully consider their trading goals and risk tolerance before selecting a broker.
For more details, visit Arum Capital's official website at https://arumcapital.eu/.
Overview Table
Arum Capital Overview | |
---|---|
Headquarters | Cyprus |
Founded | 2007 |
Regulator(s) | Cyprus Securities and Exchange Commission (CySEC) |
License Number | 323/17 |
Minimum Deposit | $500 |
Maximum Leverage | 1:100 (forex), lower for other instruments |
Trading Platforms | MetaTrader 5 |
Instruments | 70+ forex pairs, indices, metals, energies, cryptocurrencies |
Execution Model | Electronic Communications Network (ECN) |
Account Types | ECN Standard, ECN Classic |
Facts List
- Founded in 2007 and headquartered in Cyprus
- Regulated by the Cyprus Securities and Exchange Commission (CySEC) under license 323/17
- Offers trading on 70+ instruments including forex, indices, metals, energies, and cryptocurrencies
- Uses an Electronic Communications Network (ECN) execution model
- Provides the MetaTrader 5 platform for desktop, web, and mobile
- Requires a $500 minimum deposit to open a live account
- Maximum leverage of 1:100 for forex, lower for other instruments per CySEC rules
- Offers two main account types: ECN Standard and ECN Classic
- As a CySEC regulated broker, client funds are kept segregated and Arum participates in the Investor Compensation Fund
- States a commitment to transparency and only profiting from commissions, not trading against clients
Arum Capital Licenses and Regulatory
Arum Capital operates under the regulatory oversight of the Cyprus Securities and Exchange Commission (CySEC). CySEC is the financial regulatory agency of Cyprus, responsible for supervising the investment services market and ensuring compliance with European financial regulations.
As a CySEC-regulated broker, Arum Capital is licensed and authorised to provide online trading services under license number 323/17. This means that Arum Capital must adhere to strict rules and regulations designed to protect investors and maintain market integrity.
Arum Capital's regulatory licenses
- Cyprus Securities and Exchange Commission (CySEC)
- License Number: 323/17
- Entity: ArumPro Capital Ltd
- Authorization: Straight Through Processing (STP) broker
Trading Instruments
Arum Capital offers a diverse range of tradable instruments, providing investors opportunities across multiple asset classes. Here's a detailed overview of what's available:
Category | Instruments / Examples | Trading Details / Notes |
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Forex | Over 70 currency pairs including majors (EUR/USD, GBP/USD, USD/JPY, USD/CHF), minors, and exotics | Spreads start from as low as 0.7 pips on the broker's ECN Classic Account and 0.0 pips plus commission on the ECN Standard Account. |
Indices | 11 major global stock indices such as S&P 500, NASDAQ 100, FTSE 100, DAX 30, and Nikkei 225 | Traded via CFDs which allow investors to speculate on the overall performance of a basket of shares without owning the underlying stocks. |
Metals | 7 metal CFDs including gold, silver, platinum, and palladium | Provides portfolio diversification and hedging opportunities, with precious metals often serving as safe-haven assets during market volatility. |
Energies | 3 energy CFDs: WTI Crude Oil, Brent Crude Oil, and Natural Gas | Offers exposure to the oil and gas markets, which are often volatile and influenced by geopolitical events, supply and demand dynamics, and global economic conditions. |
Cryptocurrencies | 5 cryptocurrency CFDs: Bitcoin, Ethereum, Ripple, Litecoin, and Bitcoin Cash | Enables trading of leading digital assets without the need for a crypto wallet or exchange account, though cryptocurrencies are highly volatile and speculative, requiring thorough research and effective risk management. |
Arum Capital's diverse offering aligns with industry standards, providing investors flexibility to trade across the major asset classes through a single platform. This multi-asset accessibility can make it easier for traders to capitalise on opportunities and diversify their portfolios based on their goals, experience level, and risk appetite.
Trading Platforms
Arum Capital offers clients access to the popular MetaTrader 5 (MT5) platform for trading forex and CFDs. Here's a detailed look at the broker's trading technology:
MetaTrader 5
MT5 is the successor to the industry-standard MT4 platform, known for its user-friendly interface, advanced charting capabilities, and algorithmic trading features. Key advantages of MT5 include:
- Faster processing speeds and more timeframes compared to MT4
- 38 built-in indicators and 44 graphical objects for in-depth market analysis
- 21 timeframes for greater precision in analyzing price dynamics
- Ability to hedge positions and perform netting
- Access to a wider range of order types and execution modes
- MQL5 programming language for creating custom indicators and Expert Advisors (EAs)
Arum Capital clients can use MT5 on desktop, web, and mobile:
Desktop Application
The downloadable MT5 terminal offers the platform's full functionality for Windows and MacOS.
Web Platform
MT5 WebTrader allows trading directly in web browsers like Chrome, Safari, Firefox, and Edge without needing to download or install any software. It features an intuitive interface optimised for web trading.
Mobile Apps
MT5 mobile apps for iOS and Android devices enable on-the-go trading, real-time quotes, interactive charts, and account management. Traders can place and modify orders, analyse markets with technical indicators, and stay connected to their accounts anytime, anywhere.
Feature | MetaTrader 5 (MT5) |
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Desktop Application | ✔️ (Windows, MacOS) |
Web Platform | ✔️ (MT5 WebTrader) |
Mobile Apps | ✔️ (iOS, Android) |
Custom Indicators | ✔️ (38 built-in, option for more) |
Graphical Objects | ✔️ (44 built-in) |
Timeframes | ✔️ (21 timeframes) |
Hedging | ✔️ |
Netting | ✔️ |
Algorithmic Trading | ✔️ (via Expert Advisors) |
Proprietary Platform | ❌ |
Arum Capital How to Open an Account: A Step-by-Step Guide
Opening a trading account with Arum Capital is a straightforward process that can be completed online in a few simple steps. Here's a detailed guide:
Step 1: Visit Arum Capital's Website
Go to https://arumcapital.eu/ and click on the "Open an Account" button in the top right corner of the homepage.
Step 2: Choose Your Account Type
Arum Capital offers two main account types: ECN Standard and ECN Classic. The key differences are in the spreads and commissions charged.
- ECN Standard: Spreads from 0.0 pips, plus commission
- ECN Classic: Spreads from 0.7 pips, no commission on most instruments
Select the account type that best suits your trading style and click "Next".
Step 3: Fill Out the Registration Form
You'll be asked to provide personal details including:
- First and last name
- Email address
- Phone number
- Country of residence
- Address
Make sure all information is accurate and up-to-date.
Step 4: Verify Your Identity
To comply with anti-money laundering (AML) and know-your-customer (KYC) regulations, Arum Capital requires new clients to submit proof of identity and address. This typically includes:
- A valid government-issued ID, such as a passport or driver's license
- A recent utility bill or bank statement confirming your address
Documents can be uploaded directly within the secure client portal.
Step 5: Make Your Initial Deposit
The minimum deposit to open a live account with Arum Capital is $500. The broker accepts several payment methods, including:
- Bank wire transfer
- Credit/debit cards (Visa, Mastercard)
- Electronic payment systems (Skrill, Neteller)
Processing times vary by method, with credit/debit cards and e-wallets usually instant, while bank transfers can take several business days.
Step 6: Start Trading
Once your account is funded, you can download the MetaTrader 5 platform or log in to the web-based version to start trading. Arum Capital offers a range of educational resources and tools to help new traders get started, including webinars, video tutorials, and an FAQ section.
It's important to note that trading forex and CFDs carries a high level of risk and may not be suitable for everyone. Before committing real funds, consider practising with a demo account to familiarise yourself with the platform and test strategies risk-free.
Charts and Analysis
Arum Capital provides a range of educational resources and tools to support its clients' trading activities and help them make informed decisions. Here's a detailed look at what the broker offers:
Service/Resource | Features/Content | Additional Information |
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Market Analysis | - Daily technical analysis on major forex pairs (e.g., EUR/USD) - Fundamental analysis reports covering key economic events and data releases - Weekly market outlooks highlighting upcoming trading opportunities and risk events | Provides traders with timely insights and trade ideas to navigate market developments effectively |
Economic Calendar | - Tracks important global economic events, data releases, and central bank announcements - Customizable filters by currency, importance level, and time period | Essential for fundamental analysis as it helps in anticipating potential market-moving news |
Video Tutorials and Webinars | - Educational content on MetaTrader 5 platform tutorials, technical analysis concepts, strategies, and market commentary - Occasional live webinars for interactive learning and Q&A | Majority of video content is in Russian, which may restrict accessibility for non-Russian speaking international audiences |
Forex Glossary | - Explanations of common trading terminologies and concepts | Serves as a useful resource for beginners to familiarize themselves with the language and fundamentals of the forex market |
Arum Capital Account Types
Arum Capital offers two main account types designed to cater to different trading styles, preferences, and experience levels. Here's a detailed breakdown of each option:
ECN Standard Account
The ECN Standard account is Arum Capital's premier offering, providing traders with access to raw market liquidity and tight spreads. Key features include:
- Minimum deposit: $500
- Spreads from 0.0 pips
- Commission charged per lot traded
- Leverage up to 1:100
- Minimum trade size of 0.01 lots
- Hedging and scalping allowed
- Maximum account balance of $1,000,000
- Negative balance protection
This account is designed for experienced traders who prioritise low spreads and fast execution. The ECN model ensures that orders are processed directly with liquidity providers, reducing potential conflicts of interest.
ECN Classic Account
The ECN Classic account is a more accessible option for traders who want to benefit from Arum Capital's ECN pricing without incurring per-trade commissions. It offers:
- Minimum deposit: $500
- Spreads from 0.7 pips
- No commission on most trades
- Leverage up to 1:100
- Minimum trade size of 0.01 lots
- Hedging and scalping allowed
- Maximum account balance of $1,000,000
- Negative balance protection
This account can be a good fit for traders who want to keep their trading costs simple and predictable, as the spread covers most fees. However, the slightly higher spreads compared to the ECN Standard account may impact profitability for high-volume traders.
Demo Account
In addition to its live accounts, Arum Capital provides a demo account that allows traders to practise with virtual funds in a risk-free environment. The demo account mirrors the trading conditions of the live ECN accounts, including real-time market data and spreads.
Demo accounts are an invaluable tool for testing strategies, familiarising oneself with the trading platform, and building confidence before committing real capital. They can also be useful for experienced traders looking to try out new approaches without risking actual funds.
Islamic Account
Arum Capital does not currently offer a specific Islamic or swap-free account for traders who wish to comply with Sharia law. However, the broker's website mentions that clients can contact the support team to discuss options for trading without swap or interest fees.
Feature | ECN Standard | ECN Classic |
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Minimum Deposit | $500 | $500 |
Spreads | From 0.0 pips | From 0.7 pips |
Commission | Charged per lot | No commission on most trades |
Leverage | Up to 1:100 | Up to 1:100 |
Minimum Trade Size | 0.01 lots | 0.01 lots |
Hedging Allowed | Yes | Yes |
Scalping Allowed | Yes | Yes |
Maximum Account Balance | $1,000,000 | $1,000,000 |
Negative Balance Protection | Yes | Yes |
Demo Account Available | Yes | Yes |
Islamic Account Available | No | No |
Negative Balance Protection
Arum Capital offers negative balance protection as a standard feature for all retail clients. This means that traders can never lose more than their account balance, even in extreme market conditions. If a client's equity falls below zero, Arum Capital will absorb the negative balance and reset the account to zero. This protection applies to all trading instruments and account types, providing peace of mind for traders. However, it's important to note that negative balance protection doesn't negate the risk of loss in trading. It's a safeguard against excessive losses, not a guarantee of profits. Traders should still employ sound risk management strategies and never trade with more than they can afford to lose.
The Importance of Negative Balance Protection
Negative balance protection is a vital feature for responsible brokers committed to their clients' well-being. By shielding traders from the risk of crippling debt, it provides a crucial layer of security and peace of mind. Moreover, negative balance protection is a regulatory requirement in some jurisdictions. For example, the European Securities and Markets Authority (ESMA) mandates that all brokers offering CFDs to retail clients must provide negative balance protection. Arum Capital's adherence to this policy demonstrates its commitment to client protection and regulatory compliance, hallmarks of a trustworthy broker.Arum Capital Deposits and Withdrawals
Efficient and secure deposit and withdrawal processes are crucial for a smooth trading experience. Arum Capital offers several payment methods to cater to its global client base, making it easy to fund and withdraw from your trading account.
Deposit Methods and Conditions
Arum Capital accepts the following deposit methods:Payment Method | Deposit Fee | Minimum Deposit | Maximum Deposit | Processing Time |
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Bank Wire Transfer | No deposit fees | $500 | Not specified | 3-5 business days |
Credit/Debit Cards (Visa, Mastercard) | 3% | $10 | $10,000 per transaction | Instant |
Electronic Payment Systems: | ||||
- Skrill | 3% | $10 | $10,000 per transaction | Instant |
- Neteller | 3% | $10 | $10,000 per transaction | Instant |
Withdrawal Methods and Conditions
Arum Capital supports the following withdrawal methods:Payment Method | Withdrawal Fee | Minimum Withdrawal | Maximum Withdrawal | Processing Time |
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Bank Wire Transfer | $30 | $100 | Not specified | 3-5 business days |
Credit/Debit Cards (Visa, Mastercard) | 3% | $10 | $10,000 per transaction | 1-3 business days |
Electronic Payment Systems: | ||||
- Skrill | 3% | $10 | $10,000 per transaction | 1-3 business days |
- Neteller | 3% | $10 | $10,000 per transaction | 1-3 business days |
Verification Requirements
Per anti-money laundering (AML) regulations, Arum Capital requires clients to verify their identity and address before processing withdrawals. This typically involves submitting:- A valid government-issued ID, such as a passport or driver's license
- Proof of address, such as a recent utility bill or bank statement
Key Policies and Restrictions
- Arum Capital does not accept third-party deposits. Funds must come from an account in the client's name.
- Withdrawals are processed to the original funding source where possible. If the original method is unavailable, an alternative method in the client's name can be used after additional verification.
- Accounts are denominated in USD. Deposits and withdrawals in other currencies will be converted at the prevailing exchange rate, which may involve additional fees from the payment processor or the client's bank.
- Withdrawal requests are processed in the order received. Depending on the payment method, it may take several business days for withdrawn funds to reach the client's account after processing.
Support Service for Customer
In the fast-paced world of online trading, reliable customer support is crucial. Traders need to know they can get help quickly when they have questions or encounter issues. Arum Capital recognises this and offers several support channels to assist clients.
Support Channels
Arum Capital clients can get help through the following channels:- Live Chat:
- Available 24/5
- Accessible through the Arum Capital website
- Fastest way to get answers to simple queries
- Email:
- Send messages to info@arumcapital.eu
- Suitable for less urgent queries or detailed issues
- Typical response time: Within 24 hours
- Phone:
- Call +357 25123291
- Ideal for urgent or complex issues needing real-time discussion
- Available 24/5
- Social Media:
- Connect on Facebook, Twitter, LinkedIn
- Useful for staying updated on news, promotions, and educational content
- Not recommended for account-specific queries due to security and privacy concerns
Support Languages
Arum Capital's support team is multilingual, serving clients in:- English
- Russian
Support Hours and Response Times
One of Arum Capital's strengths is its commitment to 24/5 support. Traders can reach out for help around the clock from Monday to Friday. This is particularly valuable for clients in different time zones or those who trade outside regular business hours. Response times vary by channel:- Live Chat: Usually within a few minutes
- Email: Within 24 hours
- Phone: Immediate, if available, or call-back within a few hours
Feature | Arum Capital |
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Support Channels | Live Chat, Email, Phone, Social Media |
Support Hours | 24/5 |
Support Languages | English, Russian |
Live Chat Response Time | Within a few minutes |
Email Response Time | Within 24 hours |
Phone Response Time | Immediate, if available, or call-back within a few hours |
24/7 Support | No |
Support via Messaging Apps | Noa |
Prohibited Countries
As an online forex and CFD broker, Arum Capital must comply with various international regulations and licensing requirements. As a result, there are certain countries and regions where the broker is not permitted to provide services.
Reasons for Restrictions
The primary reasons why Arum Capital may be prohibited from operating in certain countries include:
- Local Regulations: Some countries have strict laws governing the provision of financial services, including online trading. These regulations may require brokers to obtain specific licenses, meet capital requirements, or adhere to certain business practices. If Arum Capital does not meet these criteria, it cannot legally operate in those jurisdictions.
- Licensing Limitations: Arum Capital is regulated by the Cyprus Securities and Exchange Commission (CySEC). While this allows the broker to provide services in European Economic Area (EEA) countries, it may not be sufficient for other regions that require local licenses.
- Geopolitical Factors: Political tensions, economic sanctions, or other geopolitical issues can also restrict a broker's ability to operate in certain countries. For example, US regulations largely prohibit offshore brokers from accepting US clients.
List of Prohibited Countries
Based on the information available on Arum Capital's website, the broker does not accept clients from the following countries:
- United States
- Canada
- Australia
- Japan
- Brazil
- Mexico
- Turkey
- Israel
- Iran
- North Korea
- Cuba
- Sudan
- Syria
This list is not exhaustive and may change over time based on regulatory developments or the broker's business decisions. It's always best to check with Arum Capital directly for the most up-to-date information on country restrictions.
Consequences of Trading from Prohibited Countries
Attempting to trade with Arum Capital from a prohibited country can have serious consequences:
- Account Closure: If Arum Capital discovers that a client is based in a prohibited jurisdiction, the broker may immediately close their account and terminate the business relationship.
- Funds Seizure: In some cases, any funds deposited from a prohibited country may be seized or frozen, making it difficult or impossible for the client to recover their money.
- Legal Action: Knowingly or unknowingly violating international financial regulations could result in legal repercussions, including fines or even criminal charges in some jurisdictions.
Special Offers for Customers
Arum Capital, like many online brokers, occasionally provides special offers and promotions to attract new clients and reward existing ones. However, at the time of writing, the broker does not appear to have any active promotions listed on its website.
Lack of Current Offers
Upon reviewing Arum Capital's website and other official materials, no information could be found regarding current sign-up bonuses, loyalty programs, trading competitions, or third-party partnerships. This lack of promotional offerings is notable, as many of Arum Capital's competitors actively use such incentives to entice and retain traders.
Conclusion
As I reach the end of this comprehensive review of Arum Capital, it's time to consolidate the findings and provide a final assessment of their safety, reliability, and overall reputation as an online broker.
Throughout this analysis, I've examined various aspects of Arum Capital's operations, from their regulatory compliance and trading conditions to their platform offerings and customer support. While Arum Capital has some notable strengths, there are also areas where they fall short compared to industry leaders.
On the positive side, Arum Capital's regulation by CySEC provides a level of oversight and client protection that is essential for any reputable broker. Their negative balance protection and segregation of client funds demonstrate a commitment to safeguarding traders' interests. The broker's ECN execution model and competitive spreads also suggest a focus on providing fair and transparent trading conditions.
However, Arum Capital's limited range of tradable instruments, high minimum deposit requirement, and lack of platform diversity may be drawbacks for some traders. The broker's educational resources, while present, are not as comprehensive or well-structured as those offered by some competitors. The absence of current promotional offers could also be a deterrent for traders who value such incentives.
Arum Capital's customer support, while available 24/5 through multiple channels, lacks the 24/7 coverage and live chat response times that some top-tier brokers provide. The broker's website could also benefit from greater transparency around issues like country restrictions and regulatory status.
In terms of overall trustworthiness, Arum Capital appears to be a legitimate and generally reliable broker, but not necessarily a top choice for all traders. Their regulatory standing and core trading conditions are solid, but their ancillary offerings and market presence don't quite match those of industry frontrunners.
Ultimately, whether Arum Capital is the right fit for you will depend on your individual trading needs, experience level, and priorities. If you value tight spreads, ECN execution, and CySEC regulation above all else, Arum Capital could be a suitable choice. However, if you require a wider range of instruments, more advanced platform features, or round-the-clock support, you may want to consider other options.
As with any financial decision, I recommend thoroughly researching and comparing multiple brokers before committing funds. Pay close attention to factors like regulatory compliance, trading costs, execution quality, and client feedback to ensure you select a broker that aligns with your goals and provides the level of service you expect.