ArgusFX is a online broker that offers forex and CFD trading. It is headquartered in Nicosia, Cyprus and is regulated by the Cyprus Securities and Exchange Commission (CySEC). ArgusFX was founded in 2012. ArgusFX offers the MetaTrader 4, MetaTrader 5 and cTrader trading platforms. The company also provides mobile trading apps for iOS and Android devices. ArgusFX offers a wide variety of currency pairs, metals, indices, stocks and cryptocurrencies for trading.
Pros and Cons
ArgusFX is a Cyprus-based forex broker that was founded in 2011. ArgusFX offers the MetaTrader 4, MetaTrader 5, and cTrader trading platforms. The broker provides leverage of up to 1:500 and offers a minimum deposit of $100.
ArgusFX is a regulated broker by the Cyprus Securities and Exchange Commission (CySEC). The company is also a member of the Investor Compensation Fund (ICF), which protects clients’ funds up to €20,000 in the event that the broker becomes insolvent.
The main advantages of trading with ArgusFX are:
– A wide variety of tradable instruments: currency pairs, precious metals, energies, indices, cryptocurrencies
– Leverage of up to 1:500
– The ability to trade on the MetaTrader 4, MetaTrader 5, and cTrader platforms
– Negative Balance Protection
– Fast order execution
– 24/5 customer support available in multiple languages
The main disadvantages of trading with ArgusFX are:
ArgusFX is a Cyprus-based forex broker offering trading in a wide range of currency pairs and CFDs on two trading platforms, MetaTrader 4 (MT4) and ArgusFX Webtrader. The company is regulated by the Cyprus Securities & Exchange Commission (CySEC) under license number CIF096/14.
The broker provides negative balance protection for retail clients and offers segregated accounts with Tier 1 banks. It also has a strong customer support team available 24/5.
ArgusFX is a good choice for beginner to intermediate traders who are looking for a reliable and regulated broker with low spreads and fast order execution. However, more experienced traders may find the lack of advanced trading features on the platform limiting.
ArgusFX is a reliable and user-friendly forex trading platform that offers a wide range of features and tools to help you trade effectively. Although it does have some cons, such as high spreads and a limited selection of currency pairs, these are outweighed by the many pros, such as its excellent customer service, low minimum deposit requirements and advanced charting capabilities. Overall, we believe that ArgusFX is a great choice for both experienced and beginner traders alike.