Arum Capital Review
Alyaziah Hayat | May 9, 2022
Table of Contents
Arum Capital is a CySEC regulated broker offering forex trading on the powerful MetaTrader 5 platform without any restrictions on trading styles. They have competitive trading conditions including spreads from 0 pips but lack non-FX instruments. I also couldn’t find any educational materials for beginner traders on their platform.
Broker Pros / Cons
- EU Regulation
- Powerful MT5 platform with array of built in tools
- Commission free accounts
- Competitive spreads, executions & fees
- No clients from USA
- No MT4 platform
- No traders academy
- No social trading platforms
- No PAMM accounts
- Limited non-FX instruments
- No daily market analysis
- Min $500 deposit
- Restricted leverage
Arum Capital is an EU-regulated broker that offers traders around the globe over 100+ trading instruments with leverage of up to 1:30 including forex currencies, cryptocurrencies, metals, indices, energies, and more. I personally find their instrument offering and leverage to be quite low as compared to other brokers like LMFX. The broker has no restrictions on trading strategies and welcomes scalpers, automated trading systems, high-frequency traders (HFTs), and news trading.
Arum Capital uses some of the largest liquidity providers including the British provider LMAX Exchange and the Swiss bank Swissquote. You will have access to first-class liquidity from top liquidity providers, receiving low spreads from zero pips and good trade execution speeds via FIX protocol and execution at top of the book prices. I found that 99.9% of orders are executed within 5 milliseconds with no requotes.
Arum Capital is a brand name owned and operated by ArumPro Capital Ltd., a Cyprus Investment Firm that is regulated by the Cyprus Securities and Exchange Commission (CySEC) with license number 323/17.
As the broker holds a European CySEC license, you may be entitled to a payment of up to €20,000 from the Investment Compensation Fund (ICF), in the event that the broker is unable to fulfill its financial obligations. Though I recommend going through the terms and conditions since they’re pretty specific on who is eligible for these compensations. Your funds will be held in segregated accounts away from the broker’s funds so that they cannot be used for any other purposes such as the business running costs are hedging.
The STP license of the European regulator makes it an obligation for any regulated company to transmit all client transactions to liquidity providers.
Arum Capital does not offer services to countries such as the USA, Canada, Japan, Brazil, North Korea, Belgium, France, and the non-cooperative countries under FATF. If your country is not accepted by this broker, I recommend checking out our broker comparison tool for alternatives.
Arum Capital provides clients with the intuitive MetaTrader 5 (MT5) trading platform for use via desktop, web, and iOS/Android mobile devices. The latest version of one of the most popular trading platforms has more trading indicators and chart objects available for market analysis. I like that it supports one-click trading, automated trading, and multiple order types. You can also choose between various chart timeframes and types. My favorite feature is the built-in economic calendar to track the latest news releases whilst the platform can send you price alert notifications. I must admit that I would prefer if they offered the MT4 platform since I find it much easier to use than MT5. AvaTrade is a great broker that offers trading on the MT4 platform as well as social trading.
The main features of the MT5 platform include:
- 6 Types of pending orders
- 21 Timeframes
- 38 Technical Indicators
- 44 Graphic objects
- Modern technologies for receiving quotes from PRIME XM
- Execution on leading venues including LMAX Exchange
- Direct connection of the executing servers in the data centers of Equinix LD4 and NY4
- MQL5 signals unique service
- Information on important economic news and trading strategies, directly in the terminal
- News from the mql5 community in the terminal
- More tools for trading
- Execution via FIX-protocol within a few milliseconds
The trader’s calculator will be useful for traders of all experience levels. I like that it can help you to calculate important trading parameters such as a point value, spread cost, swap, margin, commission amount, and estimate possible profit. To make the necessary calculations on the Forex calculator, you have to enter the initial data and click the “Calculate” button.
The economic calendar is one of the most important tools in Forex trading. It is also my favorite tool to use in my own trading. It is formed by specialists on the basis of past and current performance and demonstrates future projections. I find reading the economic calendar to be quite easy. It contains the following parameters: the time of the news, the country index, period, previous value, forecast, the actual value, and the degree of importance. Important news releases include the discount rate, gross domestic product, unemployment data, sales data for a new building, inflation, etc.
I found the educational materials to be lacking on the broker’s website. There were a few outdated articles but I would have preferred to see some recent trading guides, tutorial videos, webinars, etc. For a wider selection of educational resources, I recommend checking out Admirals.
There is a trader’s blog with a few trading articles including some outdated technical analysis. I believe the broker is no longer updating the blog on a frequent basis.
Arum Capital offers you a selection of over 100 financial instruments for trading online including 69 currency pairs, 11 CFD contracts on indices, 7 CFD contracts on metals, 3 CFD contracts on energy, and 5 CFD contracts on crypto-currencies. I find their non-FX offering to be quite small compared to other online brokerages like TMGM which have thousands of different trading assets.
Due to 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. If you’re looking for a broker with higher leverage, I suggest checking out FXGiants.
- FX currency pairs, including major, minor and exotic pairs
- Precious metals (SPOT price)
- CFD contracts on world stock exchange indices
- CFDs on cryptocurrencies
Arum Capital has 2 main types of trading accounts:
- ECN Standard: Narrow spreads from 0.0 pip, variable commission, min $500 deposit
- ECN Classic: Spreads from 0.7 pips, no commission, min $500 deposit
If you trade 200 lots per month or more, you can get the VIP treatment. I like that the VIP benefits include a personal manager, training and workshops, improved solutions for money transfers, free VPS, and more.
Demo accounts with $10,000 in virtual funds are available for you to practice your trading strategies using the different trading platforms and to try out the broker’s trading conditions.
Arum Capital offers customer service to clients via telephone, email, and online chat. You can also request a call back on the broker’s website. They, unfortunately, don’t offer 24/7 customer support unlike other top brokers such as EXANTE.
Arum Capital has a variety of convenient methods for depositing and withdrawing funds from your trading account. This includes bank wire, credit/debit card, and online payment systems such as Neteller and Skrill. For crypto funding, I recommend checking out Hankotrade. Please note that some methods may only be available to specific countries and not all are available for both deposit and withdrawal.
Arum Capital does not charge any fees for incoming payments but I highly recommend that you check the banking charges your bank receives for such transactions. The funds are credited to the trading account the same day they hit the company account. I find that the average time it takes to make a transfer is 3-5 business days and it depends on the sender bank and its correspondent banks. There may be additional charges from third-party providers.
You will always be notified via email when a new deposit/withdrawal attempt has been successful or failed. I like that they don’t process credit card deposits without a copy (front and back) of the credit card being used. This prevents any fraudulent activity. They do not accept any payments from 3rd parties and you must withdraw via the same method as you deposited. Payments that are not in line with the above conditions will be returned to the sender at their expense.
Some payment systems may have transaction limits, restrictions, and requirements that are indicated on their respective websites. You may need to verify your account to remove limits on particular methods in some countries.
In order to open a real account, you need to register in the personal cabinet of Arum Capital. One of the necessary conditions for registration is the attaching of personal documents that confirm your identity and filling out the questionnaire to determine if the trading products offered are suitable for you. This part of the registration is a requirement of the European legislation and CySEC regulator. If your application is accepted you will be able to download the MT5 platform and start trading online.
|Broker Features||AvaTrade||IG||IC Markets|
|Regulated||ASIC, BVI, CBI, FFAJ, JFSA, FSCA, IIROC, ADGM FRSA||FCA, CFTC, NFA, BaFin, FINMA, ASIC, FMA, MAS, FSA, FSCA, DFSA, JFSA, METI, MAFF||ASIC, CySEC, FSA, SCB|
|Country||Australia, Ireland, South Africa, Japan, British Virgin Islands||Australia, UK, USA, Switzerland, UAE, Singapore, Japan||Australia, Seychelles, Bahamas, Cyprus|
|Min. Deposit||Min $250 Deposit||Min $100 Deposit||Min $200 Deposit|
|Commission||From $0||From $0||From $0|
|Instruments||Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Options, Bonds, CFDs, ETFs||Forex, Commodities, Stocks, Shares, Indices, Cryptocurrencies, Metals, Energies, Options, Bonds, ETFs, CFDs||Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Bonds, CFDs|
|Platforms||MetaTrader 4, MetaTrader 5, AvaTradeGO, AvaOptions, AvaSocial, DupliTrade, ZuluTrade, Web, Mobile||MetaTrader 4, IG Platform, IG Progressive Web App, ProRealTime (PRT), L2 Dealer, FIX API, Web, Mobile||MetaTrader 4, MetaTrader 5, cTrader, Web, Mobile|
|Type||Market Maker, STP||STP, ECN, DMA||ECN|
|Funding||Wire Transfer, Credit/Debit Card, Paypal, WebMoney, Neteller, Skrill||Wire Transfer, Credit/Debit Cards, PayPal||Wire Transfer, Credit Card, Debit Card, WebMoney, Neteller, PayPal, Skrill, FasaPay, UnionPay, Qiwi, Bpay, Poli|
|Visit Broker||Visit Broker||Visit Broker||Visit Broker|
Overall, Arum Capital is a decent broker that is regulated and has a good selection of forex currency pairs for trading in competitive conditions through the powerful MT5 platform. However, I found the educational resources to be lacking and the market analysis on the website outdated. Though I must admit that there is a reasonable choice of account funding options and a few additional tools. I would’ve also liked to see them offer more non-FX instruments. You can check out our best trading platforms for a broker that fits your needs perfectly.