Aroxcapital Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-11-14 18:50

Abstract：Based in the United Kingdom, Aroxcapital is an unlicensed forex broker. It tells us that the EUR/USD exchange rate is currently 0.6 pips. Traders can anticipate financial products such as stocks, Forex currency pairings, commodities, cryptocurrencies, and indexes. The maximum leverage we observed was 1:200.

　　Note: Aroxcapital's official website: https://www.aroxcapital.com/ is currently inaccessible normal.

AroxcapitalReview Summary
Founded	2020
Registered Country/Region	United Kingdom
Regulation	Unregulated
Market Instruments	Forex, Indices, Commodities, Shares, Cryptocurrencies
Demo Account	/
Leverage	Up to 1:200
EUR/USD Spread	0.6 pips
Trading Platform	Web Trader
Min Deposit	$250
Customer Support	Phone: +44 2039664216
Customer Support	Email: support@aroxcapital.com

　　Based in the United Kingdom, Aroxcapital is an unlicensed forex broker. It tells us that the EUR/USD exchange rate is currently 0.6 pips. Traders can anticipate financial products such as stocks, Forex currency pairings, commodities, cryptocurrencies, and indexes. The maximum leverage we observed was 1:200.

Pros & Cons

Pros	Cons
Various trading markets	Unregulated
	Lack of transparency
	Unfunctional website
	No MT4/5
	High minimum deposit requirement

Is Aroxcapital Legit?

　　Aroxcapital operates without a valid regulatory license. Traders of this platform should be aware of the risks.

What Can I Trade on Aroxcapital?

　　Aroxcapital offers complete assortment classes across the global financial markets including Forex, Indices, Commodities, Stocks, as well as Cryptocurrencies

Trading Asset	Available
forex	✔
commodities	✔
indices	✔
shares	✔
cryptocurrencies	✔
options	❌
bonds	❌
ETFs	❌

Account Type

　　Aroxcapital has set up 5 kinds of flexible trading accounts types for traders and investors including Bronze Account, Silver Account, Gold Account, Platinum Account, as well as Diamond Account.

Account Type	Min Deposit
Bronze	10,000 USD
Silver	25,000 USD
Platinum	100,000 USD
Diamond	250,000 USD

Leverage

　　The leverage offered by Aroxcaital was capped at 1:200. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Trading Platform

　　There is only a web trader available on Aroxcapital.

Trading Platform	Supported	Available Devices	Suitable for
Web Trader	✔	Web	/
MT4	✔	Desktop, Mobile, Web	Beginners
MT5	❌	Desktop, Mobile, Web	Experienced traders

Deposit and Withdrawal

　　Users can only withdraw money using credit and debit cards. Requests for withdrawals made before 1:00 PM GMT are handled the same day; requests made after that time could take up to 24 hours.

　　Withdrawals can take up to 7 days to process in total. Payment fees also apply, most notably a 3.5% cost for Visa and MasterCard withdrawals.