ArgusFX is an online financial services provider that has been offering quick access to the financial markets since 2003 whilst operating as a true STP broker. They provide traders with the MT4 and MT5 trading platforms to enable them to trade stocks, futures, forex, spot metals, CFDs, and other trading instruments. The broker is based in Nicosia, Cyprus wherein it is also regulated, and they provide traders with suitable trading tools and educational resources as well as a client support team to enhance the trading process.
ArgusFX Review Introduction
In this ArgusFX review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including ArgusFX.
ArgusFX Platforms & Tools
The broker allows traders to trade the over 100 financial instruments available using the MT4 and MT5 trading platforms, which were developed by the Russian software company, MetaQuotes. The platforms are widely used by most forex/CFD traders because they are packed with the necessary trading tools and features, such as technical indicators, drawing tools, and risk management tools, as well as support for an STP/ECN environment, expert advisors functionality, and VPS. Both MT4 and MT5 are available as desktop, web, and mobile versions.
Traders are also provided with a range of useful trading tools, such as Economic Calendar, Trading Calculators, Currency Converter, and a range of market analysis tools, which make for easy trading.
ArgusFX Research & Education
There is a selection of educational resources on the broker’s website, such as news, webinars, and an FAQ section that offers instant answers to some of the most common questions that traders may have.
ArgusFX Trading Accounts
Traders can choose from a choice of two trading account options, namely: Standard and Pro STP. There is a minimum deposit of $200, with leverage of up to 1:500 is available for professional clients, while retail clients can get up to 30:1 leverage.
ArgusFX Account Funding
Account deposit and withdrawal requests are processed using several payment methods, including credit/debit cards, bank wire transfer, and E-Wallets (Skrill, Neteller, QIWI, YandexMoney, and Sofort).
Some payment methods may not be available in specific countries, whereas the time taken to process the transaction is dependent on the payment method used.
ArgusFX Customer Service
Traders are provided with a dedicated client support team that is on hand to offer instant answers to clients’ inquiries, and they can be contacted via telephone, email, call-back form, and social media.
ArgusFX is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under CIF license number 334/17.
ArgusFX Review Summary
While ArgusFX was founded in 2003, the online trading broker boasts of over 50 years of combined trading experience. They provide traders with MT4 and MT5 trading platforms for trading more than 100 financial instruments across different asset classes. Traders are provided with a range of useful trading and learning tools while a client support team is on hand to assist traders. The broker operates the STP/ECN execution model, which prevents conflict of interest, and traders can choose from two account options.
It is worth mentioning that some of the trading products and services in this ArgusFX review may differ or not be available to traders in some countries due to regulations. As brokers’ terms can change over time, please verify all information is up to date directly from the ArgusFX broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.