ARFX Spreads, leverage, minimum deposit Revealed

ARFX Information

　　Registered in Saint Lucia, ARFX operates as a Financial Service Provider (FSP). 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, Stocks, and Indices. Unfortunately, ARFX doesn't provide its services to a number of regions.

Pros & Cons

Is ARFX Legit?

　　Yes. ARFX operates as a legitimate trading platform, regulated by two key authorities:

• Australia Securities & Investment Commission (ASIC) – Holds an Appointed Representative (AR) license.
• Financial Sector Conduct Authority (FSCA) – Maintains a Financial Service Corporate license (general registration).

Regulated Country	Regulated Authority	Regulatory Status	Regulated Entity	License Type	License Number
	Australia Securities & Investment Commission (ASIC)	Regulated	ARENA TRADING TECHNOLOGY PTY LTD	Appointed Representative (AR)	001306061
	Financial Sector Conduct Authority (FSCA)	General Registration	AR GLOBAL (PTY) LTD	Financial Service Corporate	54007

What Can I Trade on ARFX?

　　ARFX's market instruments cover forex, metals, cryptocurrencies, energies, stocks, and indices.

Account Type

　　ARFX exclusively provides three types of live accounts on its platform, each of which comes with unique trading conditions.

　　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 1:500 for all its account types, which indicates that traders can open positions up to 500 times the value of their account balance.

Fees

　　All three of the live accounts are free of commission according to ARFX. ARFX claims to have eliminated swap fees 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).

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.