Note: Arygos Ltds official site - http://ww7.arygosfx.com/en is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
General Information
What is Arygos Ltd？
Authorized and regulated by the National Futures Association (NFA), based in China, Arygos Ltd says it is committed to providing its clients with efficient and low-cost global investment services, as well as an online trading platform and a variety of global asset allocation with the cheap commission. However, Arygos Ltd NFA license No. 0540732 is a suspicious clone.
In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.
Pros & Cons
Arygos Ltd Alternative Brokers
There are many alternative brokers to Arygos Ltd depending on the specific needs and preferences of the trader. Some popular options include:
TrioMarkets - a reputable broker offering a wide range of trading platforms and instruments, making it a suitable choice for traders seeking diverse options and reliable service.
Key Way Investments - provides a user-friendly trading experience with multiple trading platforms and a comprehensive range of financial instruments, making it a recommended option for traders of all levels.
Interstellar FX - offers a robust trading environment with competitive trading conditions, making it an attractive choice for traders looking for a reliable broker with a variety of trading instruments.
Ultimately, the best broker for an individual trader will depend on their specific trading style, preferences, and needs.
Is Arygos Ltd Safe or Scam？
Based on the information you provided, Arygos Ltd is an unregulated entity. Arygos Ltd National Futures Association (NFA, License No. 0540732) is a suspicious clone. Additionally, the unavailability of the website raises concerns about the legitimacy and safety of Arygos Ltd. It is important to exercise caution and conduct thorough research before engaging with any unregulated or suspicious financial entity. It is advisable to seek out regulated and reputable financial institutions that adhere to the necessary regulations and have a track record of providing secure and reliable services.
Trading Platforms
Arygos Ltd offers the widely recognized and popular trading platforms, MetaTrader 4 (MT4) and MetaTrader 5 (MT5). MT4 and MT5 are renowned in the financial industry for their advanced features, user-friendly interfaces, and comprehensive tools for trading various financial instruments.
The MT4 platform provided by Arygos Ltd enables traders to execute trades with ease and efficiency. It offers real-time price quotes, interactive charts, and a wide range of technical indicators for analyzing market trends. Traders can customize their trading environment by creating and using expert advisors (EAs), which are automated trading systems, to implement their trading strategies.
The MT5 platform, offered by Arygos Ltd, builds upon the success of MT4 and provides additional features and functionalities. MT5 offers a more extensive selection of financial instruments, including stocks, futures, and options, in addition to forex trading. It also includes advanced charting tools, depth of market (DOM) functionality, and an economic calendar to keep traders informed about significant market events and news.
Both MT4 and MT5 platforms offered by Arygos Ltd provide access to the global financial markets, allowing traders to trade a variety of instruments such as forex, commodities, indices, and cryptocurrencies. These platforms are known for their stability, security, and robust order execution capabilities, which are essential factors for successful trading.
Overall, traders who choose Arygos Ltd can benefit from the advanced features and functionalities offered by MT4 and MT5, enabling them to analyze markets, execute trades, and manage their positions effectively.
See the trading platform comparison table below:
Deposits & Withdrawals
Arygos Ltd accepts deposits and withdrawals through popular payment methods such as MasterCard, China UnionPay, VISA, and JCB.
Arygos Ltd minimum deposit vs other brokers
It's essential for traders to review the terms and conditions associated with deposits and withdrawals. These terms may vary, and it's advisable to visit Arygos Ltd's official website or contact their customer support for accurate and up-to-date information on deposit and withdrawal procedures, any potential fees, and other relevant details.
Customer Service
Arygos Ltd seems to have limited customer support options, with only an email address, info@arygosfx.com, disclosed for contact purposes. The absence of more direct contact information like a telephone number or company address can be a concern, as it may limit the accessibility and responsiveness of their customer service.
Note: These pros and cons are subjective and may vary depending on the individual's experience with Arygos Ltd's customer service.
User Exposure at WikiFX
On our website, you can see that reports of scams and severe slippage. Traders are encouraged to carefully review the available information and consider the risks associated with trading on an unregulated platform. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you.
Conclusion
In conclusion, Arygos Ltd offers the popular MT4 and MT5 trading platforms. However, their website is unavailable currently and they operate as an unregulated broker. This lack of regulatory oversight raises concerns about the safety and security of client funds. Additionally, there have been reports of scams and severe slippage associated with Arygos Ltd. Therefore, traders are advised to proceed with caution and carefully consider the risks before engaging with Arygos Ltd. It is recommended to explore regulated alternatives that offer more transparency, credibility, and protection for traders' investments.
Frequently Asked Questions (FAQs)
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