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About company
STP investment broker Arum Capital was established in 2016 in Cyprus. The regulatory body is the Securities and Exchange Commission of the Republic of Cyprus. The company is registered under number 323/17.
On its website, the company describes the following competitive advantages: processing withdrawal requests within 24 hours of a client request, compliance with regulatory requirements, client funds are held in a segregated account, ultra-fast execution, advanced technology, CySEC regulatory oversight, participation in the Investment Compensation Fund, aggregation prices with ultra-low spreads, reliable price execution, instant order execution via FIX protocol, custody in large major banks, guarantee of funds safety, direct connection with liquidity providers, corporate risk management, best order-order execution, cybersecurity and trading security, high level of liquidity, audit and risk management, qualified customer support, full compliance with the European Markets in Financial Instruments Directives (MiFID), corporate governance, transaction quality assurance, excellent trading conditions, trading transparency, tick quotes.
Trading conditions
Arum Capital offers its clients the following types of trading accounts: ECN.STANDARD ($500, leverage up to 1:30), ECN.CLASSIC ($500, leverage up to 1:30). To become a client of the broker, you need to register a trading account and replenish it with $500. Beginning traders can set up a demo account for free and test trading strategies without investments and risks. Trading assets available from the broker: precious metals, indices, energy commodities, Forex. Those clients who have already registered a trading account can use the trader's tools section on the company's website: a trader's calculator and an economic calendar. There is no information about welcome bonuses, competitions for traders, affiliate programs, or a training section.
Trading platforms
The broker has been cooperating with the trading platform developer MetaQuotes for a long time. Therefore, it provides its clients with the MetaTrader 5 trading platform for free. A web terminal for trading through a browser and a mobile application for trading from a smartphone are also available.
Technical support
Technical support specialists are available 24/5 at the following contacts: phone +357 251 232 91 and email support@arumcapital.eu. Also, customers can write to the WhatsApp messenger.
Deposit/Withdrawal
To withdraw funds or replenish a trading account, clients need to use the following methods: bank cards, bank transfers, Skrill, Neteller, Qiwi Wallet.
Trader reviews
Quite a lot of reviews on the Internet about this broker. Most of the reviews are Russian-speaking and negative. Main claims: unreliable regulator, slow withdrawal of funds, unprofessional technical support.
Broker Advantages
- Presence of a regulatory body
- Several withdrawal/deposit methods
- Technical support contacts
Broker Disadvantages
- No learning section
- Incompetent technical support
- Offshore registration
- No welcome bonus
Conclusion
When choosing a broker for cooperation, take into account fundamental indicators: the presence of a reliable regulatory body, truthful reviews of traders on several sites, real trading conditions, technical support work. This overview should not be taken as advice or recommendation.
