Arum Capital

Arum Capital is a Cyprus-based forex and CFD broker established in 2018. The company operates under the legal name ARUMPRO Capital Ltd and is regulated by the Cyprus Securities and Exchange Commission (CYSEC) with license number 323/17. The broker's registered address is 2 Gregory Afxentiou Street, 2nd floor, Office 201, Limassol 4003, Cyprus.

As a CYSEC-regulated entity, Arum Capital is subject to European Union regulatory standards, including compliance with the Markets in Financial Instruments Directive (MiFID II). This regulatory framework provides certain protections for retail clients, such as client money segregation and access to the Investor Compensation Fund (ICF) for eligible claims.

The primary regulatory oversight for Arum Capital comes from CYSEC, a well-known regulator within the EU. While CYSEC regulation ensures a baseline of compliance, it is important to note that leverage restrictions apply: retail clients are limited to a maximum of 1:30 for major forex pairs. The broker's registration with CYSEC can be verified through the regulator's public register.

Despite being regulated, the broker's scam risk score of 31/100 (Guarded) from FXCanary indicates that there are some concerns. Therefore, traders should conduct their own due diligence. The broker provides a range of legal documents on its website, including an AML Policy and Order Execution Policy, which may help clients understand the terms of engagement.

Arum Capital offers two ECN account types: ECN.CLASSIC and ECN.STANDARD. Both accounts require a minimum deposit of $500 and offer leverage up to 1:30. The accounts are designed for retail traders seeking direct market access with transparent pricing. The broker does not mention specific spreads or commissions on the website, but ECN accounts typically involve floating spreads and a commission per trade.

The maximum leverage of 1:30 is standard for CYSEC-regulated brokers offering forex and CFDs to retail clients. This limitation is a protective measure but may not suit traders accustomed to higher leverage offered by offshore brokers.

Arum Capital claims to provide 69 currency pairs, which is a relatively large selection for a broker of its size. Additionally, the broker offers CFD contracts on indices (11), metals (7), energy (3), and cryptocurrencies (5). This product range covers major, minor, and exotic forex pairs, as well as popular indices and commodities.

The inclusion of cryptocurrency CFDs (5 contracts) allows traders to speculate on digital assets without holding the underlying asset. However, it is worth noting that cryptocurrency CFDs carry high volatility and risk. The broker does not specify the trading platform (e.g., MetaTrader, cTrader) through which these instruments are accessible.

The official website does not explicitly state the trading platform(s) offered by Arum Capital. Typically, CYSEC brokers provide MetaTrader 4 or 5, but this is not confirmed. Potential clients may need to contact support to obtain platform details. The broker does offer a demo account for practice.

Without clear information on the trading platform, traders cannot assess the tools, charting capabilities, and automated trading features available. This lack of transparency is a point to note for those who prioritize platform functionality.

Arum Capital's website does not provide details on deposit and withdrawal methods. Common methods for CYSEC brokers include bank transfers, credit/debit cards, and e-wallets. The broker's contact form suggests that clients can inquire about such information directly.

Customer support is available through the website's contact form and social media channels including Facebook, Instagram, LinkedIn, and Twitter/X. The lack of a live chat or phone number may be a limitation for some traders.