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No Regulation
Score
1.27 /10
Danger
Arena Capital
1-2 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
Expose
Exposure
Open Account
Website
Score
Regulatory Index0.00
Business Index5.18
Risk Management Index0.00
Software Index4.00
License Index0.00
Open Account
Website
Licenses
No valid regulatory information, please be aware of the risk
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
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Warning: Low score, please stay away!
Previous Detection :
2024-11-17
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
Overview of Diversity
The reasonable costs and extensive array of tradable instruments of Arena Capital provide its main benefits. Its main disadvantage, meanwhile, is the absence of governmental control, which calls for questions regarding openness and money security.
Pros and Cons
| Pros | Cons |
| Low fees from 0.2 pips | Insufficient legislative control |
| Extensive selection of tradable instruments | Limited choices for customer support |
| Several account kinds | Not much information regarding Islamic or demo accounts |
Is Arena Capital Legit ？
Arena Capital is not controlled in the United States, where it is based. As well, it is not controlled by well-known regulatory bodies like the Australian Securities and Investments Commission (ASIC) or the Financial Conduct Authority (FCA) in the UK.
Arena Capital Arenacapital's domin of registration on the Whois website was February 20, 2023. It expire on February 20, 2025 presently. ClientDelete Prohibited, clientRenew Prohibited, clientUpdate Prohibited, clientTransfer Prohibited is the domain's statuses.
What Can I Trade on Arena Capital
Arena Capital provides trading in over 600 markets, including forex, commodities, stocks, and others.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Crypto | ❌ |
| CFD | ❌ |
| Indexes | ❌ |
| Stock | ✔ |
| ETF | ❌ |
Account Type
| Account Type | Minimum Deposit | Spread | Commission | Leverage | EA Allowed | Swap Charges | Suitable For |
| Micro | $10 | 2 pips | No | 1:400 | Yes | No | Novice traders with a small investment |
| Mini | $500 | 1.5 pips | No | 1:400 | Yes | Yes | Traders with some expertise seeking better spreads |
| Premium | $2,500 | 1 pip | No | 1:400 | Yes | Yes | Experienced traders seeking premium features and reduced spreads |
| ECN | $5,000 | 0.2 pips | No | 1:300 | Yes | Yes | Expert traders demanding closest spreads and ECN execution |
Arena Capital Fees
Compared to other brokers in the same field, the broker's fees are pretty low. The Micro Account has a spread of 2 pips, the Mini Account has a spread of 1.5 pips, the Premium Account has a spread of 1 pip, and the ECN Account has the smallest spread at 0.2 pips. In particular, there are no marketing fees for any type of account. For the Mini, Premium, and ECN accounts, there are swap charges. The Micro Account does not have these charges.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| State-of-the-art Trading Platform | Efficient risk management, advanced charting indicators, reliable order execution | Desktop, Mobile (iOS, Android) | All types of traders, especially those using advanced trading instruments |
Deposit and Withdrawal
There is no information on Arena Capital's website about whether there are any fees for payments or withdrawals. Depositing at least $10 is needed to open an Arena Capital account.
Customer Service
The broker offers 24/7 customer support through various methods, including phone and email.
| Contact Options | Details |
| Phone | +44 7463 067957 |
| support@arenacapital.in | |
| Support Ticket System | ❌ |
| Online Chat | ❌ |
| Social Media | ❌ |
| Supported Language | English |
| Website Language | English |
| Physical Address | 35-37, Ludgate Hill, London Post Box: EC4M7JN, United Kingdom |
The Bottom Line
One positive aspect of Arena Capital is its low fees, whereas one negative aspect is the absence of regulatory control. Traders with experience and a tolerance for the dangers offered by unlicensed brokers might consider this broker.
FAQs
Is Arena Capital safe？
Since Arena Capital is unregulated, one questions the security and safety of money.
Is Arena Capital good for beginners？
Although the broker presents a low minimum deposit Micro Account that would be appropriate for beginners, the absence of regulatory control is a major disadvantage.
Is Arena Capital good for day trading？
For day traders, Arena Capital does provide low spreads and sophisticated trading tools.
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