ArgoTrade is a trading broker that provides online trading services via tried and tested platforms, offering over 2100 assets across stocks, commodities, Forex, ETFs, indices, and bonds. ArgoTrade provides educational resources and trading tools, whilst offering multi-lingual client support 24/5 to assist account holders. They provide traders with competitive trading conditions, including various account types, leverage of up to 1:300, zero commissions, and more.
ArgoTrade Review, Pros & Cons
- MT4 trading platforms
- Educational materials
- Some trading tools
- Multiple financial assets
- Limited regulations
- No MetaTrader 5 platforms
- Minimum $100 deposit
- No USA or EU traders
In this detailed ArgoTrade review, our online broker research team has covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
ArgoTrade is a retail broker that is bent on providing traders with unhindered access to various financial markets. With them, trades are carried using the MT4 trading platform, which can be accessed via a desktop application, a web platform, and a mobile trading app. The broker provides traders with all the necessary resources to enjoy a hassle-free trading experience, and their minimum deposit requirement is $100.
ArgoTrade is operated by Dilna Investments Ltd, which is the primary payment provider and website operator. Dilna Investments Ltd is acting on behalf of its mother company, Leadcapital Corp Ltd, which is regulated as a Securities Dealer by the Seychelles Financial Services Authority.
ArgoTrade does not offer its services to residents of certain jurisdictions, including the European Union, European Economic Area, United States, Belgium, or any particular country or jurisdiction where such distribution or use would be contrary to the local law or regulation.
Some ArgoTrade features and products mentioned within this ArgoTrade review may not be available to traders from certain countries because of legal restrictions.
ArgoTrade provides you with the MT4 trading platform. The platform is packed with various useful trading tools, including multiple charting & analysis tools, a one-click trading panel, and algorithmic trading features. It has 3 chart types in 9 different timeframes.
You can open multi-tabs and multi-windows to access instruments, and the platform operates with a lightning-fast speed, ensuring no lag when executing instructions. The broker makes the platform available in desktop, web, and mobile versions.
ArgoTrade Trading Tools
The broker provides traders with some standalone trading tools, including Trading Central, Dedicated Account Manager, and an Economic Calendar that shows the schedule of future market events along with their expected impacts on the financial markets.
There is a limited selection of educational resources on the broker’s website. However, an FAQ section is available, which has answers to some of the common questions that traders may have.
ArgoTrade offers the following trading instruments: indices, stocks, commodities, bonds, forex, and ETFs.
ArgoTrade Accounts & Fees
The offers a choice of live trading account types to suit clients’ trading objectives and capital. The account types include Silver ($100), Gold ($10,000), Platinum ($50,000), and Exclusive ($100,000).
As broker fees can vary and change, there may be additional fees that are not listed in this ArgoTrade review. It is imperative to ensure that you check and understand all of the latest information before you open an ArgoTrade broker account for online trading.
The broker’s client support team is available 24/5 to respond to clients’ general, technical, and account-based inquiries. They can be reached via email, online form, or by visiting their physical office in Kuwait.
ArgoTrade Deposit & Withdrawal
The broker accepts the following payment methods for both account deposits and withdrawals:
- Credit/Debit cards: Visa, MasterCard, and Visa Electron
- Online payment gateways, such as Neteller and Skrill
The time taken to process transactions may vary, depending on the payment method used.
ArgoTrade Account Opening
To open an account, click on the “Open Account” button at the top-right corner of the broker’s website and fill the account application form.
It is imperative to ensure that when you are going through a broker application, you clearly read all of the broker’s terms, conditions, and policies. Only proceed if you fully understand and agree with them.
ArgoTrade is an online trading broker that offers access to various financial instruments via the MT4 trading platform. They provide traders with educational resources, useful trading tools, and a multilingual client support team. The minimum deposit required to start trading is $100, but the broker is licensed by an offshore regulator.
Leveraged trading in foreign currency contracts, contracts for difference or other off-exchange products carries a high level of risk and may not be suitable for everyone. Before trading, you are strongly advised to read and ensure that you understand the relevant risk disclosures. There is a substantial risk that you may lose all of your initial investment.