ARDEN Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-10-11 21:49

Abstract：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.

ARDEN Review Summary
Founded	2024-01-14
Registered Country/Region	United Kingdom
Regulation	FCA
Market Instruments	Forex (Major, Minor Exotic Pairs)
Demo Account	✅
Maximum Leverage	1:100
Spread	Starting from 0.2 pips
Trading Platform	MT4(PC)
Min Deposit	$100
Customer Support	Email：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 available	Exceeded
Spreads start at 0.2 pips	Single trading product
Support MT4	Few contact details
	Lack of educational resources

Is ARDEN Legit?

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

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 Leverage	1:100
Minimum Spread	0.2 pips
Commission	Free
Minimum Deposit	$100
Demo Account	Available

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 Platform	Supported	Available Devices
MT4	✔	PC

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.