Score

1.53 /10
Danger

Ardu Prime

Suspicious Regulatory License

Germany Common Financial Service License Revoked

Suspicious Overrun

High potential risk

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Score

Regulatory Index0.00

Business Index7.14

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

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

Single Core

1G

40G

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Broker Information

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Warning: Low score, please stay away! 5
Previous Detection : 2024-11-08
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • GermanyBaFin (license number: 146106) The regulatory status is abnormal, the official regulatory status is Revoked. Please be aware of the risk!

WikiFX Verification

Ardu Prime · Company summary
Registered in Greece
Regulated by No effective regulation at this time
Year(s) of establishment 2-5 years
Trading instruments Forex, indices, US equities, commodities, specialty instruments and cryptocurrencies
Minimum Initial Deposit €/$/£250
Maximum Leverage Information not available
Minimum spread From 0.8 pips on premium account
Trading platform MT5
Deposit and withdrawal method bank transfer and cryptocurrencies
Customer Service Email/phone number/address
Fraud Complaints Exposure No for now

General information and regulations of Ardu Prime

Ardu Prime is an online forex broker registered in Greece. However, its not under any effective regulations now, so please pay due attention to possible risks.

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on.

At the end of the article, we will also briefly summarize the main advantages and disadvantages so that you can understand the broker's characteristics at a glance.

General information

Market instruments

Forex, indices, US equities, commodities, specialty instruments and cryptocurrencies .....Ardu Prime allows clients to access a huge range of trading markets. Therefore, both beginners and experienced traders can find what they want to trade on Ardu Prime.

market instruments

Spreads and commissions for trading with Ardu Prime

In the case of Ardu Prime, spreads and commissions depend on the instrument and the account. Let's take a premium account as an example. Minimum spreads are about 0.8 pips and commission is zero. Only institutional accounts have commissions.

Account Types for Ardu Prime

Demo Account: Ardu Prime provides a demo account that allows you to try out the financial markets without the risk of losing money.

Live Account: Ardu Prime offers a total of 3 account types: standard, premium and institutional. The minimum deposit to open an account is $250, $25,000 and $100,000 respectively. If you are still a beginner and don't want to invest too much money in Forex trading, a standard account will be the most suitable option for you. However, we should also realize that too little capital not only reduces losses, but also reduces profitability. Therefore, you may find it “unexciting” or unprofitable. In addition, accounts with smaller initial deposits tend to have poorer trading conditions.

account types

Trading platforms offered by Ardu Prime

The MT5 trading platform features powerful charting capabilities, including over 50 different technical indicators and intraday analysis tools. Access from a variety of devices also makes trading easier for users.

trading platform

Leverage offered by Ardu Prime

You can't find information about trading leverage on Ardu Prime's website. Some forex brokers offer leverage of up to 1:500, but newbies are advised to be cautious about such high leverage.

Deposit and withdrawal methods and fees

Possible deposit and withdrawal methods are bank transfer and cryptocurrencies, and Ardu Prime does not charge extra fees.

deposit and withdrawal

Educational resources

A series of educational resources is available at Ardu Prime, such as news, analysis, glossary and market insights.

educational resources

Customer support of Ardu Prime

Below are the details about the customer service.

Language(s): English, Italian, Spanish, Portuguese, French, etcetera.

Email: info@arduprime.com

Phone Number: +30 210 3800820

+30 210 4406757

+30 211 2346609

Address: Leoforos Agias Varvaras 56

Palaio Faliro, Athens, 175 63

Poseidonos Avenue 80

Alimos, Athens, 174 55

Syngrou Avenue 371

Palaio Faliro, Athens, 175 64

75 King William Street

London, UK, EC4N 7BE

Social media: Facebook, Instagram, LinkedIn, twitter

customer support

Users exposures on WikiFX

We have not received any reports of fraudulent activity at this time. However, this does not necessarily mean that this broker is safe and you should remain vigilant to prevent being scammed.

Advantages and disadvantages of Ardu Prime

Advantages:

MT5

Educational resources

Many instruments available

Demo account

Disadvantages:

No effective regulation

Few information available

Few deposit and withdrawal methods

No MT4

No copy trading

Frequent asked questions about Ardu Prime

Is this broker well regulated?

No, it is currently not effectively regulated and you are advised to be aware of its potential risks.

What trading platforms does this broker offer?

The platform offered by Ardu Prime is MT5.

News

ExposureBeware Of Unregulated FX Broker ARDU Prime Of Its Future Activities

This is a complete review of an FX broker who has upcoming activities that will catch investors, but in the end, it may result in a fraudulent transaction.

WikiFX
2022-10-31 10:29
Beware Of Unregulated FX Broker ARDU Prime Of Its Future Activities

NewsArdu Prime Brings the New Era. It’s Time for More

Global investment industry player Ardu Prime continues to be in the spotlight following its New Era launch

WikiFX
2022-10-28 19:05
Ardu Prime Brings the New Era. It’s Time for More

User Reviews

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User comment

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Comments

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FX1282366453
more than one year
I have been trading with Ardu Prime for over one year, and I have not encounter any problem actually. What I love most is that Ardu Prime supports all trading strategies, without any trading restrictions.
I have been trading with Ardu Prime for over one year, and I have not encounter any problem actually. What I love most is that Ardu Prime supports all trading strategies, without any trading restrictions.
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2023-02-24 12:11
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FX1083403460
more than one year
Ardu Prime is a brokerage that is not legally regulated by any regulators. The signals they provided were all wrong, and instead of making me more money as they claimed, they made me lose a lot.
Ardu Prime is a brokerage that is not legally regulated by any regulators. The signals they provided were all wrong, and instead of making me more money as they claimed, they made me lose a lot.
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2022-11-30 14:22
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