General information and regulations of Ardu Prime
Ardu Prime is an online forex broker registered in Greece. However, its not under any effective regulations now, so please pay due attention to possible risks.
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 summarize the main advantages and disadvantages so that you can understand the broker's characteristics at a glance.
Market instruments
Forex, indices, US equities, commodities, specialty instruments and cryptocurrencies .....Ardu Prime allows clients to access a huge range of trading markets. Therefore, both beginners and experienced traders can find what they want to trade on Ardu Prime.
Spreads and commissions for trading with Ardu Prime
In the case of Ardu Prime, spreads and commissions depend on the instrument and the account. Let's take a premium account as an example. Minimum spreads are about 0.8 pips and commission is zero. Only institutional accounts have commissions.
Account Types for Ardu Prime
Demo Account: Ardu Prime provides a demo account that allows you to try out the financial markets without the risk of losing money.
Live Account: Ardu Prime offers a total of 3 account types: standard, premium and institutional. The minimum deposit to open an account is $250, $25,000 and $100,000 respectively. If you are still a beginner and don't want to invest too much money in Forex trading, a standard account will be the most suitable option for you. However, we should also realize that too little capital not only reduces losses, but also reduces profitability. Therefore, you may find it “unexciting” or unprofitable. In addition, accounts with smaller initial deposits tend to have poorer trading conditions.
Trading platforms offered by Ardu Prime
The MT5 trading platform features powerful charting capabilities, including over 50 different technical indicators and intraday analysis tools. Access from a variety of devices also makes trading easier for users.
Leverage offered by Ardu Prime
You can't find information about trading leverage on Ardu Prime's website. Some forex brokers offer leverage of up to 1:500, but newbies are advised to be cautious about such high leverage.
Deposit and withdrawal methods and fees
Possible deposit and withdrawal methods are bank transfer and cryptocurrencies, and Ardu Prime does not charge extra fees.
Educational resources
A series of educational resources is available at Ardu Prime, such as news, analysis, glossary and market insights.
Customer support of Ardu Prime
Below are the details about the customer service.
Language(s): English, Italian, Spanish, Portuguese, French, etcetera.
Email: info@arduprime.com
Phone Number: +30 210 3800820
+30 210 4406757
+30 211 2346609
Address: Leoforos Agias Varvaras 56
Palaio Faliro, Athens, 175 63
Poseidonos Avenue 80
Alimos, Athens, 174 55
Syngrou Avenue 371
Palaio Faliro, Athens, 175 64
75 King William Street
London, UK, EC4N 7BE
Social media: Facebook, Instagram, LinkedIn, twitter
Users exposures on WikiFX
We have not received any reports of fraudulent activity at this time. However, this does not necessarily mean that this broker is safe and you should remain vigilant to prevent being scammed.
Advantages and disadvantages of Ardu Prime
Advantages:
MT5
Educational resources
Many instruments available
Demo account
Disadvantages:
No effective regulation
Few information available
Few deposit and withdrawal methods
No MT4
No copy trading
Frequent asked questions about Ardu Prime
Is this broker well regulated？
No, it is currently not effectively regulated and you are advised to be aware of its potential risks.
What trading platforms does this broker offer？
The platform offered by Ardu Prime is MT5.
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