ArgusFX
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ArgusFX

Closed Broker

Cons
  • Closed Broker

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 2024 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.  

Argus FX offers the MetaTrader 4 and MT Mobile forex online trading top platforms. ArgusFX.com offers over 35 forex pairs, cfds, stocks, futures, oil. gold and silver for your personal investment and trading options.

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