About Arum Capital: detailed overview
Arum Capital is a brokerage firm licensed by the Cyprus Securities and Exchange Commission with license number 323/17. The company strictly adheres to the financial market standards of Europe and has a collaborative partnership with the British group of companies LMAX Exchange.
Wide Range of Trading Instruments
- Currency pairs: majors, cross variants including rubles and yuan.
- Precious metals at SPOT prices.
- CFD contracts on major stock indices.
- Cryptocurrency CFDs.
Arum Capital exclusively offers the MetaTrader 5 platform for trading and allows the use of trading bots.
Arum Capital Account Types
Arum Capital provides two primary types of ECN accounts, which require a minimum deposit of $500 and offer leverage up to 1:30. Notably, the maximum leverage size is restricted in accordance with EU regulations as per CySEC requirements.
The key distinction between the accounts lies in the spread size: starting from 0 points for ECN.STANDARD and from 0.7 points for ECN.CLASSIC. Commission conditions vary based on individual instruments, with an average commission of 6.3 currency units per 1 full lot.
Clients who trade Forex volumes of 200 lots monthly are eligible for VIP status, entitling them to a personal manager, training, priority withdrawal processing, and commission compensation.
Deposits and Withdrawals
- Bank transfer.
- Qiwi.
- Visa, MasterCard.
- Skrill.
- Neteller.
No deposit fees are charged, although transaction fees may apply from banks and payment systems. Withdrawals can be made using the same methods, with a minimum withdrawal amount of $100 for bank transfers and $10 for other methods. Fees can go up to $35, with higher charges for Skrill and Neteller transactions.
Final Thoughts on Arum Capital
The regulatory oversight in Cyprus and adherence to EU standards are crucial aspects of Arum Capital. It is important to note that these benefits are primarily accessible to residents of EU countries, with potential restrictions and limited access to certain features for other clientele.
This review has been prepared by the specialists at ExpertsReview.