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/10

ArgusFX

Cyprus|5-10 years|
Suspicious Regulatory License|MT4/5 full license|Global Business|High potential risk|

https://www.argusfx.com/en/

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

Full License

3
Server Name
ArgusFX-Live MT4
Server Location Ireland

Contact

+35722222804
support@argusfx.com
https://www.argusfx.com/en/
Athallasas 62, Strovolos, 3rd Floor, Office 301, 2012, Nicosia, Cyprus

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

English

+35722222804

English

+35722222806

German

496924749140

Vietnamese

+357 22222806

Broker Information

More

Company Name

Acier FX Ltd

Company Abbreviation

ArgusFX

Platform registered country and region

Cyprus

Company website
Twitter
Facebook

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-03-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The CyprusCYSEC regulation (license number: 334/17) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

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ArgusFX · Company Summary

General Information & Regulation

Acier FX Ltd previously ArgusFX Ltd which operates under the domain «Argusfx.com» is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under CIF License Number 334/17. Established in 2000, ArgusFX is a STP broker, offering forex, commodities & indices CFDs, as well as precious metals on the popular MetaTrader 4 platform.

Market Instruments

Tradable financial instruments offered by ArgusFX include Indices CFDs, Spot Metals, Forex, Futures, and Stocks.

Minimum Deposit

Two different types of trading accounts are offered on the ArgusFX platform, the Standard STP account, and the Pro STP account. The Standard account requires no minimum initial deposit, while the Pro account has a minimum initial deposit of $200.

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Leverage

ArgusFX offers a default leverage limit of 1:30 for major currency pairs and less for other assets. Clients can apply for higher leverage if they meet certain criteria.

Spreads & Commissions

The average spread offered by ArgusFX is 1.9 pips for EURUSD, 2.1 pips for EURGBP, 0.6 pips for EURJPY, 4 pips for XAUUSD, and 2.2 pips for XAGUSD. Objectively speaking, the spreads offered by ArgusFX are relatively high, and high spreads mean high transaction costs.

Trading Platform

ArgusFX offers traders the market-leading and highly acclaimed MT4 trading platform, as well as MT4 Desktop, MT4 Mobile, and MT4 Mobile App. The MT4 trading platform allows traders to access various currency pairs, analyze financial markets, and perform advanced trading operations, including the ECN/STP environment, EA (Expert Advisor) functionality, technical analysis with charts and indicators, allowing hedging and scalping.

Deposit & withdrawal

ArgusFX supports traders to deposit funds via VISA/MasterCard credit card (deposit fee: 1.35 EUR/USD or 5.6 PLN, withdrawal fee: 1.8% of the amount withdrawn), wire transfer (no fees for deposits, withdrawal fees from 5 EUR to 15.5 EUR), Skrill (no deposits fees, withdrawals: 1.8% of the amount withdrawn), Neteller (no deposits fees, withdrawals: 1.8% of the amount withdrawn), Yandex Money (2% fee for deposits, withdrawals: €0.30 or currency equivalent).

Trading Hours

Trading hours for stocks are 16:30 – 23:00 (GMT+2), Monday to Friday and for commodities, trading takes place between 01:05 and 23:55 GMT+2, Monday to Friday. For currencies, hours are from 00:00 Monday until 23:00 Friday (GMT+2). Specific times for all other assets are listed in the contract specifications.

Customer Support

Traders can get in touch with ArgusFX via live chat, telephone, or email. Unfortunately, on testing the live chat service within working hours, we did not receive a response.

Accepted Regions

ArgusFX Ltd does not offer its services to residents of certain jurisdictions such as USA, Iran, Cuba, Sudan, Syria, North Korea, Belgium, Canada and Japan.

User Reviews

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User comment

3

Comments

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,,,,
more than one year
Do these scammers have hearts? They are racking their brains in taking you’ve worked for. Stay away from fraudulent brokers, I mean, not just this ArgusFX.
2023-02-24 14:57
Reply
0
0
小74531
more than one year
Although the business conditions of the company seem good, it seems to be a clone. horrible. There really are a lot of fraudulent companies in the forex industry, and we need to carefully identify them.
2022-11-28 17:28
Reply
0
0
FX1059700262
more than one year
I’ve tried this broker, and it does not give me a good impression. They can never able to complete with others on prices and offerings, also they had a terrible customer support.
2022-11-25 17:16
Reply
0
0
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