Forex Brokers

ArgusFX

ArgusFX is a Cyprus registered online foreign exchange and CFD broker, established in 2000

ArgusFX is a Cyprus registered online foreign exchange and CFD broker, established in 2000, and is currently authorized and regulated by CySEC, the Cyprus Securities and Exchange Commission, with regulatory number 334/17, and it also holds a cross-border license , authorizing the company to provide investment services on an international scale as required.

Financial Instruments

The financial instruments provided by ArgusFX mainly include index CFDs, spot metals, foreign exchange, futures and stocks.

Account & Leverage

Two different types of trading accounts are provided on the ArgusFX platform, namely standard STP accounts and professional STP accounts. There is no minimum deposit requirement for standard accounts, and the minimum initial deposit for professional accounts is $200. The maximum trading leverage of both accounts is 1:30 (retail customers), the available currencies are USD, EUR, PLN and GBP, the minimum transaction size is 0.01 lots, and the execution methods are all market execution, allowing hedging and scalping.

Spread & Fees

ArgusFX offers an average spread of 1.9 pips on EURUSD, 2.1 pips on EURGBP, 0.6 pips on EURJPY, 4 pips on Gold USD, and 2.2 pips on Silver USD. Objectively speaking, the spreads provided by ArgusFX are higher, and the higher the spreads, the higher the transaction costs.

Trading Platform

ArgusFX provides traders with the market-leading and well-received MT4 trading platform, as well as MT4 desktop version, MT4 mobile version and MT4 mobile application version. Traders can access various currency pairs, analyze financial markets, and perform advanced trading operations through the MT4 trading platform, which includes an ECN/STP environment, EA (Expert Advisor) functions, technical analysis with charts and indicators, allowing hedging and Scalping trades.

Deposits

ArgusFX supports traders via VISA/MasterCard credit card (deposit fee: 1.35 EUR/USD or 5.6 PLN; withdrawal fee: 1.8%), wire transfer (no deposit fee; withdrawal fee from 5 EUR to 15.5 EUR) vary), Skrill (no fees for deposits, withdrawals: 1.8% of the withdrawal amount), Neteller (no fees for deposits; withdrawals: 1.8% of the withdrawal amount), Yandex Money (2% fees for deposits, withdrawals: 0.3 EUR or etc.) value currency).

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