Arum Capital review and ratings

Established 2017
Location Cyprus
Regulation CySEC
Offices Limassol
Broker type STP | ECN
Leverage up to 1:30
Deposit from 500 USD
Spreads low  low
Platforms Web MetaTrader 5 FIX API (protocol)
Instruments Currencies Crypto Indices Metals Energies
Funding methods Wire Transfer Credit Cards Skrill Neteller Qiwi

Company information

Arum Capital is a forex broker located in Cyprus, regulated by the Cyprus Securities and Exchange Commission (CySEC).

Be aware, the company has some trading restrictions because of the European Securities and Markets Authority (ESMA) influence.

Availability

Arum Capital accepts clients from all over the world, excluding USA, Canada, Japan, Belgium, France, Brazil, North Korea and FATF sanctioned countries.

Distinctive features

Trading instruments

Forex broker offers the following underlying assets for trading.

70+ Currency Pairs Based on major and minor world currencies.
5 Crypto Pairs Based on Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Ripple.
11 Indice CFDs Based on baskets of different blue-chip stocks.
7 Metal Spot CFDs Based on Gold, Silver, Platinum, Palladium.
3 Energy Spot CFDs Based on Crude Oil (WTI, Brent) and Natural Gas.

Comprehensive review

Arum Capital is a forex & CFD brokerage company based in Limassol, Cyprus, and regulated by the Cyprus Securities and Exchange Commission (CySEC), which in turn is overseen by the European Securities and Markets Authority (ESMA).

A clear benefit of being regulated within the EU is that all client deposits up to EUR 20,000 are guaranteed by the government. This means that even if the broker goes out of business or otherwise is unable to fulfil its obligations, clients will be reimbursed for any amount up to this level.

In terms of assets available for trading, Arum Capital offers a selection of more than 70 major and minor forex pairs, a handful of cryptocurrencies that can be traded against the US dollar, as well as CFDs based on major stock indices, metals, oil, and natural gas.

As a result of being under ESMA’s supervision, Arum Capital has restricted trading leverage to a maximum of 1:30 for the most liquid forex pairs, 1:20 for minor forex pairs and major stock indices, 1:10 for most commodities and smaller stock indices, and 1:2 for cryptocurrencies.

In terms of trading platforms, Arum Capital has chosen the traditional path of sticking with the MetaTrader 5 (MT5) as its only platform. Although this platform was released all the way back in 2010, it has remained popular in the forex trading community for a variety of reasons. As usual, the platform is available in dedicated versions for Mac, Web, Android, and Apple iOS devices, which should make it usable for most traders.

After signing up as a new client with Arum Capital, all users are presented with the choice of opening either an “ECN.STANDARD” account or an “ECN.CLASSIC” account.

The main difference between these two types of trading accounts is that the former comes with tight spreads starting from 0.0 pips and variable commissions, while the latter offers commission-free trading and spreads starting from 0.7 pips. Both trading accounts gives access to all the assets that are available to trade from Arum Capital.

As usual, trading accounts can be funded via either bank wire transfers, major credit & debit cards, and the commonly used e-wallets Neteller, Skrill, and Qiwi. Among these methods, bank transfer is probably the preferred option, as this is processed free of charge by Arum Capital. For most other methods, a service fee of 3.5% is charged by the broker.

Both new and existing clients are welcome to contact the broker’s customer support department via email, live chat, or a Cyprus-registered phone number. For the time being, phone support is offered in English and Russian, which are also the same two languages as the website is available in.

In conclusion, we believe Arum Capital can be a good choice for traders who are comfortable with the MT5 platform and who would like ECN trading with tight spreads. At the same time, traders using Arum Capital can rest assured that the broker is fully regulated and that their deposits up to EUR 20,000 will be reimbursed no matter what happens to the broker. Not surprisingly, many traders are happy to sacrifice higher trading leverage for this sense of safety for their funds.

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