Score

1.58 /10
Danger

ARES FOREX

United Arab Emirates

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 2

Exposure

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Score

Regulatory Index0.00

Business Index7.51

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

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Warning: Low score, please stay away!
Previous Detection : 2024-12-26
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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ARES FOREX · Company summary
ARES FOREXReview Summary
Founded2014-12-23
Registered Country/RegionUnited Arab Emirates
RegulationUnregulated
Market InstrumentsForex, Stocks, Indices, Commodities, and Cryptocurrencies
Demo Account
LeverageUp to 1:2000
SpreadStarting from 0
Trading PlatformMT4(Windows)
Min Deposit$100
Customer SupportEmail: account@aresforex.com

ARES FOREX Information

ARES FOREX is a broker registered in the United Arab Emirates. ARES FOREX provides various financial instruments including forex, stocks, indices, commodities, and cryptocurrencies.

ARES FOREX has 4 account types: standard, VIP, pro, and Islamic accounts. Different accounts set different spreads, deposits, and leverage standards. Regarding fees, the minimum deposit is $100, and the minimum spread starts from 0. In addition, the leverage of ARES FOREX is as high as 1:2000.

Pros and Cons

Pros Cons
Wide Range of Instruments: Forex, CFDs, Options, FuturesUnregulated
Multiple Account Types: Standard, Pro, VlP, Islamic, DemoFew contact details
Leverage up to 1:2000Lack of educational resources
Spreads as low as 0

Is ARES FOREX Legit?

ARES FOREX is not regulated and will have security issues.

Is ARES FOREX Legit?
Is ARES FOREX Legit?

What Can I Trade on ARES FOREX?

ARES FOREX provides four types of trading instruments, including forex, contracts for difference (CFDs), options, and futures. These instruments cover currency pairs, stocks, indices, commodities, and cryptocurrencies. ARES FOREX has more trading assets to choose from.

Tradable Instruments Supported
Forex
Stocks
Indices
Commodities
Cryptocurrencies

Account Type

ARES FOREX supports demo accounts, which are suitable for novice traders. ARES FOREX still offers 4 types of real accounts: Standard, Pro, VIP, and Islamic Account. Among them, the standard and the Islamic accounts have lower restrictions on traders among the four types of accounts, and the spread deposit and leverage are the same.

Account Type Standard AccountPro AccountVIP AccountIslamic Account
Minimum Deposit$100$500$10000$100
Maximum Leverage1:5001:10001:20001:500
Minimum Spread(pips)0.1000.1
Commission freeYesYesYesYes

ARES FOREX Fees

ARES FOREX promotes commission-free and spreads as low as 0, which will reduce traders costs.

Leverage

The maximum leverage is 1:2000.

Trading Platform

ARES FOREX uses MT4 (MetaTrader 4) software as its trading platform. ARES FOREX only provides the Meta Trader 4 trading platform for Windows users, which limits the large number of traders who prefer the iOS and Android versions.

Trading PlatformSupported Available Devices
MT4Windows

Deposit and Withdrawal

The minimum deposit is $100. ARES FOREX provides deposit and withdrawal methods, including credit/debit cards, bank transfers, and e-wallets. Withdrawals will be processed within 24 hours.

Customer Support Options

ARES FOREX only provides email communication. As we all know, email is not as direct and fast as a phone call, meaning there will be a longer response time when dealing with emergencies.

Contact Options Details
Email account@aresforex.com
Supported Language English
Website Language English
Physical Address Not mentioned
Customer Support Options

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