Score

1.27 /10
Danger

Arena Capital

Saint Vincent and the Grenadines

1-2 years

Suspicious Regulatory License

High potential risk

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Comparison

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Exposure

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Score

Regulatory Index0.00

Business Index5.16

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

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Warning: Low score, please stay away! 2
Previous Detection : 2024-11-10
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Arena Capital · Company summary

Overview of Diversity

The reasonable costs and extensive array of tradable instruments of Arena Capital provide its main benefits. Its main disadvantage, meanwhile, is the absence of governmental control, which calls for questions regarding openness and money security.

Pros and Cons

ProsCons
Low fees from 0.2 pipsInsufficient legislative control
Extensive selection of tradable instrumentsLimited choices for customer support
Several account kindsNot much information regarding Islamic or demo accounts

Is Arena Capital Legit ?

Arena Capital is not controlled in the United States, where it is based. As well, it is not controlled by well-known regulatory bodies like the Australian Securities and Investments Commission (ASIC) or the Financial Conduct Authority (FCA) in the UK.

Is Arena Capital Legit ?

Arena Capital Arenacapital's domin of registration on the Whois website was February 20, 2023. It expire on February 20, 2025 presently. ClientDelete Prohibited, clientRenew Prohibited, clientUpdate Prohibited, clientTransfer Prohibited is the domain's statuses.

Is Arena Capital Legit ?

What Can I Trade on Arena Capital

Arena Capital provides trading in over 600 markets, including forex, commodities, stocks, and others.

Tradable InstrumentsSupported
Forex
Commodities
Crypto
CFD
Indexes
Stock
ETF
What Can I Trade on Arena Capital

Account Type

Account TypeMinimum DepositSpreadCommissionLeverageEA AllowedSwap ChargesSuitable For
Micro$102 pipsNo1:400YesNoNovice traders with a small investment
Mini$5001.5 pipsNo1:400YesYesTraders with some expertise seeking better spreads
Premium$2,5001 pipNo1:400YesYesExperienced traders seeking premium features and reduced spreads
ECN$5,0000.2 pipsNo1:300YesYesExpert traders demanding closest spreads and ECN execution
Account Type

Arena Capital Fees

Compared to other brokers in the same field, the broker's fees are pretty low. The Micro Account has a spread of 2 pips, the Mini Account has a spread of 1.5 pips, the Premium Account has a spread of 1 pip, and the ECN Account has the smallest spread at 0.2 pips. In particular, there are no marketing fees for any type of account. For the Mini, Premium, and ECN accounts, there are swap charges. The Micro Account does not have these charges.

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable for
State-of-the-art Trading PlatformEfficient risk management, advanced charting indicators, reliable order executionDesktop, Mobile (iOS, Android)All types of traders, especially those using advanced trading instruments
Trading Platform

Deposit and Withdrawal

There is no information on Arena Capital's website about whether there are any fees for payments or withdrawals. Depositing at least $10 is needed to open an Arena Capital account.

Customer Service

The broker offers 24/7 customer support through various methods, including phone and email.

Contact OptionsDetails
Phone+44 7463 067957
Emailsupport@arenacapital.in
Support Ticket System
Online Chat
Social Media
Supported LanguageEnglish
Website LanguageEnglish
Physical Address35-37, Ludgate Hill, London Post Box: EC4M7JN, United Kingdom
Customer Service

The Bottom Line

One positive aspect of Arena Capital is its low fees, whereas one negative aspect is the absence of regulatory control. Traders with experience and a tolerance for the dangers offered by unlicensed brokers might consider this broker.

FAQs

Is Arena Capital safe?

Since Arena Capital is unregulated, one questions the security and safety of money.

Is Arena Capital good for beginners?

Although the broker presents a low minimum deposit Micro Account that would be appropriate for beginners, the absence of regulatory control is a major disadvantage.

Is Arena Capital good for day trading?

For day traders, Arena Capital does provide low spreads and sophisticated trading tools.

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