ArumTrade
Trading center ArumTrade operates with offshore registration in Vanuatu. The address of the main office is indicated on the official website: Top Floor, Lolam House, Kumul Highway, Port Vila, Vanuatu.
The company claims that its activities are licensed and holds a license from the local offshore regulator – the Vanuatu Financial Services Commission (VFSC) under number 40490.
The website arumtrade.com is available in Russian and provides contact information: phone numbers +52 55 85 26 5653 and +357 250 572 18 (for Russia), email info@arumtrade.com, and online chat.
The company’s founders have over 20 years of experience in the financial sector, although some data on this may raise doubts as the names of the founders and executives are not provided.
Arum Trade Trading Conditions
Arum Trade provides access to over 100 trading instruments, including currency pairs, cryptocurrencies, indices, and others.
Trading is done through the MT5 platform, which can be installed on PC or mobile devices, as well as used in the web version. Clients can benefit from MT5 advantages such as:
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Multi-level price stream aggregation using Prime XM.
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Quick access to major financial market news.
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Unique MetaQuotes Language 5 service for efficient work with trading robots and strategies.
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Fast order execution and direct connection to liquidity providers.
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Wide range of tools for quality market analysis.
Reviews about Arum Trade help assess the trading possibilities through MT5 with this broker.
Clients are offered the opportunity to start with a demo account, and for real trading, only one account option is available – ECN.Trade.real, which has the following conditions:
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Spreads from 0 pips.
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Market execution.
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USD currency, no minimum deposit specified.
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Leverage from 1:5 to 1:200 depending on the instrument.
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Possibility of algorithmic trading.
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Margin call / Stop out level – 120% / 20%.
Various types of accounts are mentioned on the Arum Trade website, but information is only provided about the ECN.Trade.real account.
ArumTrade Account Funding and Withdrawal
The arumtrade.com website provides detailed information on the terms of deposit and withdrawal of funds, including the list of supported payment systems, commissions, execution times, and limits.
The “Deposit-Withdrawal” section lists the main conditions for fund withdrawal, including a ban on transfers to third parties. The broker requires the sender/recipient’s name to match the client’s trading account name.
It is important to note that funds received from credit cards will be credited upon presentation of a card copy (front and back).
Conclusion
Despite the attractiveness of the ArumTrade trading center, it is important to consider real reviews and opinions of qualified specialists, not limited to the broker’s words. Offshore registration and having a license from a questionable regulator are serious drawbacks that should be taken into account.