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Arum Trade is a Forex broker founded in 2018 in the Republic of Vanuatu and regulated by the Vanuatu Financial Services Commission (VFSC). The Arum Trade broker accepts clients from all over the world, with the exception of the USA, Canada, Belgium, France, Iran, Japan, North Korea, Spain and other countries where restrictions apply.
Arum Trade-a regulated broker?
Arum Trade is an offshore Forex broker located in the Republic of Vanuatu, and although it is regulated by the VFSC, this type of regulation is much more lenient than those in regions such as Europe, Australia or North America. As a result, the trading conditions offered by the broker may be more flexible, and the registration and identity verification procedure is easier than reliable brokers usually offer.
What is the maximum leverage in Arum Trade?
The leverage in Arum Trade is 1:200.
Arum Trade offers trading of 40 major and minor currency pairs, as well as CFDs on energy, precious metals, major stock indices and a number of major cryptocurrencies.
Arum Trade Trading Platforms
All assets offered by the Arum Trade broker are traded only on the MT5 platform, which is available in versions for desktop computers, web browsers, as well as Apple and Android mobile devices.
What types of accounts does Arum Trade offer?
Arum Trade offers a single trading account – ECN.Trade. real with a leverage of up to 1: 200, a spread of 0 points and zero commission. For clients who have replenished the deposit in the amount of$ 30,000 or more, there is a VIP program, which provides for a personal manager, accelerated withdrawal of funds no commission, fast order execution and free VPS.
In addition to its trading account, Arum Trade also offers investors a so-calledA PAMM account so that other traders can manage investors ' money in exchange for a share of profits. In addition, the multi-account Management (MAM) feature is also available in Arum Trade for traders who manage accounts on behalf of others.
Spreads and commissions
As a typical STP broker, Arum Trade does not charge a commission for transactions, but instead makes money on the difference between the purchase and sale prices of its trading instruments. The average spread is 0.8 points for the popular EURUSD currency pair.
What is the minimum deposit in Arum Trade?
The minimum deposit in Arum Trade is only$ 1. Arum Trade accepts deposits in cryptocurrencies, including Bitcoin, Litecoin, Bitcoin Cash, Ethereum, USD Coin, Tether (USDT), Ripple, Cardano and Tron. You can also top up your account using standard methods via payment cards and electronic wallets AstroPay and Perfect Money. It is also important to remember that although deposits are accepted for free, the broker charges a commission of 5% for withdrawals.
Arum Trade can become a popular offshore broker for traders who are looking for a higher leverage on the MT5 platform. However, currently, high withdrawal fees and a somewhat limited selection of trading instruments worsen the broker's position compared to its competitors.
Before choosing a broker, we recommend that you read the reviews of Arum Trade, and also see our rating of Forex brokers.
|General information of Arum Trade|
|Broker's Name||Arum Trade|
|Year of foundation||2018|
|EURUSD Spread||0.8 pips|
|Assets||Currency pairs, indices, metals, cryptocurrencies|
|Deposit replenishment||Visa/MasterCard, AstroPay, Perfect Money, BTC, LTC, ETH, USDT|
|Payment for inaction||—|
- The year of Foundation 2018
- Head office address Top Floor, Lolam House, Kumul Highway, Port Vila, Vanuatu
- Maximum leverage 1:200
- Min. Deposit $1
- Trading platform
- Payment system to enter Debit/Credit Cards , AstroPay, Perfect Money, BitCoin
- Payment system for withdrawal Debit/Credit Cards , AstroPay, Perfect Money, BitCoin
- Number of trading instruments 40
- The number of CFD instruments 10
- The number of metals 2