Global Broker governance & inquiry App
No Regulation
Score
0123456789
.
0123456789
0123456789
/10
ARUM
Vanuatu|5-10 years| Regulated in Vanuatu|Suspicious Regulatory License|White label MT5|Regional Brokers|Vanuatu Retail Forex License Revoked|High potential risk|
http://arumtrade.com/
Website
Rating Index
MT4/5 Identification
MT4/5 Identification
White Label
2
Server Name
ArumTrade-Demo MT5
Server Location 
Germany
GermanyContact
+357 25057218
coo@arumtrade.com
http://arumtrade.com/
https://www.facebook.com/arumtrade/
Licenses
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
Open Now
Contact number
English
+357 25057218
Broker Information
More
Company Name
ARUM Trade LTD
Company Abbreviation
ARUM
Platform registered country and region
Vanuatu
Company website
Twitter
Facebook
YouTube
Pyramid scheme complaint
Expose
Check whenever you want
Download App for complete information
Warning: Low score, please stay away!
3
Previous Detection :
2024-04-16
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- VanuatuVFSC (license number: 40490) The regulatory status is abnormal, the official regulatory status is Revoked. Please be aware of the risk!
WikiFX Verification
Users who viewed ARUM also viewed..
XM
9.04
Score10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website
MultiBank Group
8.59
Score10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website
KCM Trade
7.74
Score5-10 yearsStraight Through Processing(STP)MT4 Full License
Official website
IsandisoFX
7.49
Score1-2 yearsRegulated in South AfricaFinancial Service CorporateMT5 Full License
Official website
Data Source 
WikiFX Data provide
WikiFX Data provideUpdated: 2024-04-16
ARUM · Company Summary
General Information and Regulation
Arum is a broker who provides trading services to retail traders. Arum is licensed with the New Zealand financial authority, Financial Markets Authority (FMA). XOH (X-Trade Brokers DM) of Poland, Polish Financial Supervision Authority. They are also externally audited by Meritorius Audit Ltd, certified public accountants and Registered Auditors. Arum Trade LTD. License of Vanuatu Financial Services Commission (VFSC): Dealing in Securities (Principal's License) No. 40490.
Market Instruments
The firm trades currency pair, metals, CFDs and energies. From 06/01/2021 they have also started trading Cryptocurrencies, however not available to UK clients.
Account & Leverage
Arum only has one account type which is ECN.Trade.Real. They also have a special VIP account with no withdrawals or deposit fee charged, free VPS and personal manager. Leverage is set at 1:200.
Spread's and commissions
Spreads from 0.0 pips. Commissions are set at 5%.
Trading Platform
The firm only uses MetaTrader 5, available on mobile, desktop, android and IOS.
Deposit and withdrawal
Deposits are instant, however withdrawals take 1 to 3 days to reflect. Deposits are limited to 30 99999 and withdrawals are limited to 50 99999.
Customer Services
Phone: +357 250 572 18
User Reviews
Sort by content
- Sort by content
- Sort by time
User comment
3
CommentsWrite a review
武海浩
more than one year
Generally speaking, I think the trading conditions offered by this company are attractive, but security is the most important thing when I choose a broker. The company only has a Vanuatu offshore license, so who knows if these good deals aren't just bait for a scammer to lure you in?
2022-11-27 11:04
00
more than one year
This company is registered in an offshore location and it hasn’t held any legitimate regulation. Everyone should be aware of the regulation condition before starting trading. That’s very important!
2022-11-24 15:02
勇闯天涯30848
more than one year
Arum trade is a frustrating scam registered in an offshore location, this scam stole my life savings, who can give this group of shameless people some punishments?
2022-11-24 10:27
