Website is down. Company seems to be out of business.
Note: Acier FX Ltd previously ArgusFX Ltd which operates under the domain «Argusfx.com» is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under CIF License Number 334/17.
Reviewed broker: ArgusFX
Operated by Argus Stockbrokers Ltd.
Established in 2000
Location: Cyprus
License and regulation
Regulation: ArgusFX is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under CIF License Number 334/17
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
Representative offices: Cyprus, Limassol and Germany
True STP Broker
ArgusFX provides clients with easy-to-use and effective trading experience. This forex broker uses STP (Straight Through Processing) that allows faster transactions and hence reduced settlement costs.
Access to Interbank Liquidity STP execution: yes
Why Trade with ArgusFX?
- Exceptional Liquidity
- Market leading IB programme
- Negative Balance Protection
- Instant funding & withdrawal at no cost
- Superior Liquidity aggregation
Audit Trail Service
Transparency
- A unique trading tool toward honesty
- Innovation, integrity and transparency
- Trace your order to the liquidity provider
- Settlement of clients’ orders
- Open a PRO account
ArgusFX Trading Accounts
Accounts Comparison
PRO STP
Spreads from 0.1 pip
- Deposit $200 or equivalent
- Base currencies in USD, EUR and PLN
- Variable spreads from 0.3 pips
- Flexible Leverage from 1:1 up to 1:500
- Ability to trade micro lots
Standard STP
Spreads from 0.7 pip
- No Minimum Deposit required
- Base currencies in USD, EUR and PLN
- Variable spreads from 1.8* pips
- Flexible Leverage from 1:1 up to 1:500
- Ability to trade micro lots
- Low fees on deposit or withdrawal
In order to compare to other brokerages, consider XM’s spreads on the Zero accounts with just $100 minimum deposit, which is 0.1 pips on EUR/USD with commission of $10 per standard lot traded. It is recommended to compare other companies with our list of leading brokers here.
ArgusFX Trading Benefits
- 50+ financial instruments to trade with a single click, including CFDs on commodities and indices
- Trading platform allows three base currencies: USD, EUR and PLN
- ArgusFX provides clients with leading market news, technical and fundamental analysis together with in-house developed analytical tools
- Negative balance protection through cutting edge risk management tools
- Standard STP/ECN and pro-STP/ECN accounts
- Clients can control their risk and leverage through our client portal
- Instant funding and withdrawal
- Demo Accounts to perfect your trading strategy
- Multilingual support and live chat available
Argusfx trading conditions in the market
Demo account: yes
Swap-free Islamic accounts: available
Leverage up to 1:500
Built-in technical indicators: yes
Advanced charting: yes
Expert advisors: yes
Back testing options: yes
Negative balance protection: yes
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
VPS services: available, free for traders who deposit at least $2,000
Free VPS Hosting to the clients who place the minimum deposit of $ 10,000 or equivalent and minimum trade lot size of 20 lots per month is now available. This service allows the traders to retain full control of their account 24/7, even when their computer is turned off.
Trading Platforms
MetaTrader 4
MT4 is a powerful tool for technical analysis and online trading. The platform suits advanced trading styles with hedging and scalping capabilities, while also being easy to navigate for less-experienced traders. Users can enable trading robots and utilise the vast collection of indicators and drawing tools on three different chart types.
MT4 at ArgusFX is easily accessible and works with both Mac and Windows operating systems.
MetaTrader 5
MT5 offers superior algorithmic and copy trading tools for advanced traders. Users can access an unlimited amount of charts, with numerous timeframes and over 80 technical indicators and analytical tools. There’s also financial news and an economic calendar for fundamental analysis, plus trading signals and a built-in forex VPS.
MT5 is currently only available for Windows operating systems.
ArgusFX Payment Methods
Minimum deposit requirement: $1
Payment methods: Skrill, Neteller, QIWI, sofort, china unionpay, yandex money, Webmoney
ArgusFX Customer Support and Educational Material
Customer support: online chat, phone, email available 24/5
Educational material: webinars, weekly market report, market news, technical analysis, blog (at the time of the review, the blog of the broker was unavailable)
How was the rating of Argusfx performed compared to other brokers?
This 2023 Forex Broker Review has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on Argusfx FX broker performance and features.
Overall our online Argusfx review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online Argusfx or you find inaccurate details Argusfx broker review please get in touch with us and the changes will be applied.