ARFX Information
Registered in Saint Lucia, ARFX operates as a Financial Service Provider (FSP). 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, Stocks, and Indices. Unfortunately, ARFX doesn't provide its services to a number of regions.
Pros & Cons
Is ARFX Legit?
Yes. ARFX operates as a legitimate trading platform, regulated by two key authorities:
- Australia Securities & Investment Commission (ASIC) – Holds an Appointed Representative (AR) license.
- Financial Sector Conduct Authority (FSCA) – Maintains a Financial Service Corporate license (general registration).
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 1:500 for all its account types, which indicates that traders can open positions up to 500 times the value of their account balance.
Fees
All three of the live accounts are free of commission according to ARFX. ARFX claims to have eliminated swap fees 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.
United Kingdom
成长计划
Hong Kong
They gave a bonus of $100 in a cent account, but they won't allow withdrawals when you make a profit. Such a scam.
Exposure
FX4198575863
Kuwait
1- I cannot withdraw money, difficulty in withdrawal 2- There is no customer support, the customer is marginalized 3- When you deposit money, it is delayed a lot and may not appear in the account 4- Problems with the application
Exposure
wangming
Hong Kong
False withdrawal, the backend shows successful withdrawal, but the actual situation does not reflect in the account. Shameless and despicable platform.
Exposure
FX8166085172
Malaysia
Really convenient can use duit now depo👍😎
Positive
FX2322853492
Malaysia
withdrawal within 24working hours can deposit via DuitNow QR
Positive
汇市小生
United Arab Emirates
The gold cost is the lowest among all brokers, and the spread is very stable, which is excellent.
Positive
wangming
Hong Kong
Official good credit, strong platform, withdrawal has been credited
Positive
37.2℃
Hong Kong
I set up my own agent to add points to my account, triple-checking whether the points were correctly added. After confirming they were, I made 30 trades and ended up with a floating profit of 200 USD. I deposited 1200 and attempted to withdraw 1000, but the platform refused. They deducted 1070 USD, claiming I was overpaid. Initially the platform promised to refund my principal but reneged on their promise. It's absolutely disgusting. If they can't refund the principal, at least I hope everyone opens their eyes and steers clear of this black platform!!! Account number 88810775.
Exposure
FX1297310051
United Arab Emirates
The trading environment is good, the trading costs are low, the service is also good, I recommend it, the conditions are very good.
Positive