Score

3.25 /10
Danger

ARDEN

United Kingdom

5-10 years

Regulated in United Kingdom

Investment Advisory License

Suspicious Scope of Business

Suspicious Overrun

Medium potential risk

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Comparison

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Exposure

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Score

Regulatory Index2.78

Business Index7.53

Risk Management Index0.00

Software Index4.00

License Index2.78

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Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

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40G

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Warning: Low score, please stay away!
Previous Detection : 2024-11-17
  • This broker exceeds the business scope regulated by United Kingdom FCA(license number: 214032)Investment Advisory Licence Non-Forex License. Please be aware of the risk!

WikiFX Verification

ARDEN · Company summary
ARDEN Review Summary
Founded2024-01-14
Registered Country/RegionUnited Kingdom
RegulationFCA
Market InstrumentsForex (Major, Minor Exotic Pairs)
Demo Account
Maximum Leverage1:100
SpreadStarting from 0.2 pips
Trading PlatformMT4(PC)
Min Deposit$100
Customer SupportEmail:service@ardenfx.com

ARDEN Information

ARDEN is a broker that cooperates with MT4. ARDEN offers foreign exchange products, with a maximum leverage of 1:100, and demo accounts. Traders can enjoy commission-free trading and spreads starting at 0.2 pips.

Pros and Cons

Pros Cons
Demo account availableExceeded
Spreads start at 0.2 pipsSingle trading product
Support MT4Few contact details
Lack of educational resources

Is ARDEN Legit?

ARDEN is regulated by the FCA and its license number is 214032.

Is ARDEN Legit?
Is ARDEN Legit?

What Can I Trade on ARDEN?

ADREN provides a range of trading assets in the forex market. The forex market has currency pairs divided into major, minor, and exotic currency pairs. Asset types listed on ADRENFX are relatively simple.

Tradable Instruments Supported
Forex
Commodities
Stocks
Cryptocurrencies
Precious Metals
Shares
ETFs

Account Type

ADREN has a standard account and supports demo accounts. Standard accounts offer the lowest spreads and commission thresholds.

Account Type Standard
Maximum Leverage1:100
Minimum Spread0.2 pips
CommissionFree
Minimum Deposit$100
Demo AccountAvailable

ARDEN Fees

Regarding fees, traders do not need to pay commissions on standard accounts, and the minimum spread is 0.2 pips.

Leverage

The maximum leverage is 1:100, and the risk is low.

Trading Platform

ARDEN uses MT4 (MetaTrader 4) software as its trading platform. ARDEN provides the Meta Trader 4 trading platform for PC users. However, currently, ADREN does not support version support for iOS, Android, macOS, and web-based platforms, which is a limitation for traders who prefer the flexibility of choice of device.

Trading PlatformSupported Available Devices
MT4PC

Deposit and Withdrawal

ARDEN does not provide any further information regarding deposits and withdrawals, other than that the minimum deposit is $100.

Customer Support Options

ARDEN only provides email communication. As we all know, email is not as direct and fast as a phone call, meaning there will be a longer response time when dealing with emergencies.

Contact Options Details
Email service@ardenfx.com
Supported Language English
Website Language English
Physical Address Not mentioned
Customer Support Options

User Reviews

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FX1573110741
more than one year
ARDEN trader is just okay, nothing special. User interface is mediocre, and the overall experience is quite average. Not much to say, just your run-of-the-mill platform.
ARDEN trader is just okay, nothing special. User interface is mediocre, and the overall experience is quite average. Not much to say, just your run-of-the-mill platform.
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2023-12-22 12:03
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