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Aroxcapital-Overview of Minimum Deposit, Spreads & Leverage

WikiFX | 2024-11-14 18:50

Abstract:Based in the United Kingdom, Aroxcapital is an unlicensed forex broker. It tells us that the EUR/USD exchange rate is currently 0.6 pips. Traders can anticipate financial products such as stocks, Forex currency pairings, commodities, cryptocurrencies, and indexes. The maximum leverage we observed was 1:200.

Note: Aroxcapital's official website: https://www.aroxcapital.com/ is currently inaccessible normal.

AroxcapitalReview Summary
Founded2020
Registered Country/RegionUnited Kingdom
RegulationUnregulated
Market InstrumentsForex, Indices, Commodities, Shares, Cryptocurrencies
Demo Account/
LeverageUp to 1:200
EUR/USD Spread0.6 pips
Trading PlatformWeb Trader
Min Deposit$250
Customer SupportPhone: +44 2039664216
Email: support@aroxcapital.com

Based in the United Kingdom, Aroxcapital is an unlicensed forex broker. It tells us that the EUR/USD exchange rate is currently 0.6 pips. Traders can anticipate financial products such as stocks, Forex currency pairings, commodities, cryptocurrencies, and indexes. The maximum leverage we observed was 1:200.

Aroxcapital Review Summary

Pros & Cons

ProsCons
Various trading marketsUnregulated
Lack of transparency
Unfunctional website
No MT4/5
High minimum deposit requirement

Is Aroxcapital Legit?

Aroxcapital operates without a valid regulatory license. Traders of this platform should be aware of the risks.

Is Aroxcapital Legit?

What Can I Trade on Aroxcapital?

Aroxcapital offers complete assortment classes across the global financial markets including Forex, Indices, Commodities, Stocks, as well as Cryptocurrencies

Trading AssetAvailable
forex✔
commodities✔
indices✔
shares✔
cryptocurrencies✔
options❌
bonds❌
ETFs❌

Account Type

Aroxcapital has set up 5 kinds of flexible trading accounts types for traders and investors including Bronze Account, Silver Account, Gold Account, Platinum Account, as well as Diamond Account.

Account TypeMin Deposit
Bronze10,000 USD
Silver25,000 USD
Platinum100,000 USD
Diamond250,000 USD

Leverage

The leverage offered by Aroxcaital was capped at 1:200. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Trading Platform

There is only a web trader available on Aroxcapital.

Trading PlatformSupported Available Devices Suitable for
Web Trader✔Web/
MT4✔Desktop, Mobile, WebBeginners
MT5❌Desktop, Mobile, WebExperienced traders

Deposit and Withdrawal

Users can only withdraw money using credit and debit cards. Requests for withdrawals made before 1:00 PM GMT are handled the same day; requests made after that time could take up to 24 hours.

Withdrawals can take up to 7 days to process in total. Payment fees also apply, most notably a 3.5% cost for Visa and MasterCard withdrawals.

LeverageCurrency PairDealerForex tradingForex Broker

Related broker

No Regulation
Aroxcapital
Company name:Aroxcapital
Score
1.50
5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.50

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