Argus reviewReviewed broker: ArgusFX

Operated by Argus Stockbrokers Ltd.

Established in 2000

Location: Cyprus

Regulation: CySEC

Broker doesn’t accept traders from:  USA, Iran, Cuba, Sudan, Syria, North Korea, Belgium, Canada and Japan

Trading instruments: forex, commodities, indices, CFDs, precious metals

Currency pairs: 50

STP execution: yes

Account types: Standard, pro

Demo account: yes

Swap-free Islamic accounts: available

Leverage up to 1:500

Trading platform: Metatrader 4

Built-in technical indicators: yes

Advanced charting: yes

Expert advisors: yes

Back testing options: yes

Negative balance protection: yes

Minimum deposit requirement: $1

Payment methods: skrill, neteller, qiwi, sofort, china unionpay, yandex money, webmoney

Type of spreads: variable

Average spread: 1.8 pips (standard account), 0.8 pips (pro account)

Minimum trade size: 0.01 lot

Hedging: allowed

Scalping: allowed

Educational material: webinars, weekly market report, market news, technical analysis, blog (at the time of the review, the blog hasn’t been updated since December 2016)

VPS services: available, free for traders who deposit at least $2,000

Customer support: online chat, phone, email available 24/5 

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