ARFX Review

ARFX Information

Registered in Anjouan, Comoros, ARFX operates as an International Brokerage and Clearing House License. The initial deposit on this platform is $50. Traders on this platform get access to three types of trading accounts and a demo account. Its market instruments cover Forex, Metals, Cryptocurrencies, Energies, and Indices. Unfortunately, ARFX doesn't provide its services to a number of regions.

Pros & Cons

Is ARFX Legit?

ARFX operates under the regulatory oversight of multiple jurisdictions, primarily through its affiliated entities holding specialized licenses for different services. The key regulatory details are summarized below:

What Can I Trade on ARFX?

ARFX's market instruments cover forex, metals, cryptocurrencies, energies, stocks, and indices.

Account Type

ARFX exclusively provides three types of live accounts on its platform, each of which comes with unique trading conditions.

On top of the live accounts, ARFX also offers a demo account for traders to test the platform without risking actual money.

Leverage

ARFX offers a leverage ratio of up to 1:1000 for all its account types, which indicates that traders can open positions up to 1000 times the value of their account balance.

Fees

Cent Account and Standard Account are free of commission; ECN accounts have a $7 per lot commission, with lower rates available for high-net-worth clients.

ARFX provides Swap-Free Accounts for Muslim clients for most of its instruments, including majors, cryptos, and gold.

Meanwhile, ARFX claims to cover traders' third-party transaction fees.

Trading Platform

On ARFX, traders get access to MetaTrader 4 (MT4), which is a multi-asset platform for trading forex, stocks, futures, and CFDs. Furthermore, it features advanced charts, technical indicators, and flexible order types (market, pending, stop, trailing stops).

Deposit & Withdrawal

ARFX provides 3D Secure payments for all major credit cards, such as Visa and Mastercard.

Note: Traders must use their own personal payment accounts for deposits and withdrawals. ARFX will not accept direct payments or payments to or from third parties.