Company Summary
| ARFX Review Summary | |
| Founded | 2023 |
| Registered Country/Region | Anjouan, Comoros |
| Regulation | ASIC, FSCA，SCA |
| Market Instruments | Forex, Metals, Cryptocurrencies, Energies, Indices |
| Demo Account | ✅ |
| Leverage | Up to 1:1000 |
| Spread | From 1.5 pips (Standard account) |
| Trading Platform | MT4 |
| Minimum Deposit | $50 |
| Customer Support | Live chat, Contact Form |
| Regional Restrictions | The United States of America (USA), the Democratic Peoples Republic of Korea (DPRK) |
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
| Pros | Cons |
| Regulated by FSCA, ASIC, SCA | Regional restrictions |
| Demo accounts available | Limited contact channels |
| Three types of live accounts | No MT5 |
| MT4 supported | |
| Long operation time | |
| Various tradable assets | |
| No commission fees |
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:
| Regulatory Body | Jurisdiction | License Type | Licensed Entity | Status |
| FSCA | South Africa | Derivatives Trading License (EP) | AR GLOBAL (PTY) LTD | Regulated |
| SCA | United Arab Emirates | Investment Advisory License (IA) | ARFX MENA FINANCIAL SERVICES L.L.C | Active |
| ASIC | Australia | Appointed Representative (AR) | ARENA TRADING TECHNOLOGY PTY LTD | Active |
What Can I Trade on ARFX?
ARFX's market instruments cover forex, metals, cryptocurrencies, energies, stocks, and indices.
| Tradable Instruments | Available |
| forex | ✔ |
| metals | ✔ |
| energies | ✔ |
| indices | ✔ |
| stocks | ❌ |
| cryptocurrencies | ✔ |
| bonds | ❌ |
| options | ❌ |
| ETFs | ❌ |
Account Type
ARFX exclusively provides three types of live accounts on its platform, each of which comes with unique trading conditions.
| Account Type | Standard Account | Pro Account | ECN Account |
| Minimum Deposit | $50 | $50 | $1000 |
| Maximum Leverage | 1:1000 | 1:1000 | 1:1000 |
| Spread | From 1.8 pips | From 1.5 pips | From 0.0 pips |
| Margin Call | 100% | 100% | 100% |
| Dedicated Account Manager | ❌ | ✔ | ✔ |
| Stop Out | 50% | 50% | 50% |
| Commission | ❌ | ❌ | ✔ |
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).
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Desktop, Mobile, Web | Beginners |
| MT5 | ❌ | / | Experienced traders |
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.
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
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
Official good credit, strong platform, withdrawal has been credited
Positive
FX2322853492
Malaysia
withdrawal within 24working hours can deposit via DuitNow QR
Positive
FX8166085172
Malaysia
Really convenient can use duit now depo👍😎
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
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