ARUM capital

Overview of ARUM capital

ARUM Capital is a virtual currency exchange based in the United Kingdom. It was founded in 2016 and is regulated by the Cyprus Securities and Exchange Commission (CySEC). The platform offers multiple cryptocurrencies for trading.

The Concept of ARUM Capital was developed and based on the owners‘ personal experience in investment and asset management. According to its regulator’s requirements, ARUM Capital has to transmit all orders directly into the market, an explicit criterium for distinguishing an A-book broker from a B-book dealer.

Pros and cons

Pros:

• Regulated: ARUM Capital is regulated by the Cyprus Securities and Exchange Commission (CySEC), which ensures that the exchange operates in compliance with the necessary financial regulations and provides a certain level of trust and security for users.

• Offers multiple cryptocurrencies for trading: ARUM Capital provides a wide range of cryptocurrencies for trading, allowing users to diversify their investment portfolio and take advantage of different market opportunities.

• Provides customer support through email and phone: ARUM Capital offers customer support through email and phone, ensuring that users can easily reach out for assistance and have their concerns addressed in a timely manner.

• Commission free accounts are available:ARUM Capital provided “ECN.CLASSIC” account which is commission-free

Cons:

• Cannot accept clients from certain countries: The platform's inability to accommodate clients from specific countries may hinder accessibility for some traders.

• Min $500 deposit :the minimum deposit requirement of $500, while not exorbitant, might be comparatively higher than platforms offering lower entry points.

• Fees vary and are subject to specific transactions: The fees charged by ARUM Capital are not fixed and can vary depending on the specific transaction being made. This lack of transparency may make it difficult for users to accurately determine the costs associated with their trades.

• Limited payment methods - only bank transfer and debit/credit card: ARUM Capital only accepts payments through bank transfer and debit/credit card, limiting the options available for users who prefer alternative payment methods such as e-wallets or cryptocurrencies.

Please note that while ARUM Capital provides regulated services and offers a variety of cryptocurrencies for trading, it is important for users to consider the associated fees and payment methods before deciding to use the exchange.

Regulatory Authority

According to the provided information, ARUM Capital is regulated by the Cyprus Securities and Exchange Commission (CySEC). The regulation number for ARUM Capital is 323/17, indicating its compliance with the necessary regulatory requirements. The exchange is considered to be regulated, and its license type is an Investment Advisory License. The specific license name for ARUM Capital is Arumpro Capital Ltd.



Security

ARUM Capital prioritizes the security of user funds and implements various protection measures. These measures include encryption protocols to safeguard sensitive data and prevent unauthorized access. Additionally, ARUM Capital uses secure storage systems to protect digital assets. The exchange also employs strict authentication processes to ensure that only authorized individuals can access user accounts. These security measures aim to provide a secure trading environment for users and mitigate potential risks.

Cryptocurrencies Available

Various trading instruments are offered by ARUM Capital. The selection includes 70 currency pairs, 11 CFD-contracts on indices, 7 CFD-contracts on metals, 3 CFD-contracts on energy, and 5 CFD-contracts on crypto-currencies.

ARUM Capital offers a wide range of cryptocurrencies for trading on its platform. Users can trade popular cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), and many others.



How to open an account？

The registration process of ARUM Capital involves the following steps:

1. Visit the ARUM Capital website and click on the “Register” button to start the registration process.

2. Fill in the required information such as your full name, email address, and desired password.

3. Agree to the terms and conditions of ARUM Capital.

4. Verify your email address by clicking on the verification link sent to your registered email.

5. Complete the KYC (Know Your Customer) verification process by providing your personal information, proof of identity, and proof of address.

6. Once your account is verified, you can proceed to deposit funds and start trading on the ARUM Capital platform.



Fees

After signing up as a new client with Arum Capital, all users are presented with the choice of opening either an “ECN.STANDARD” account or an “ECN.CLASSIC” account.

The main difference between these two types of trading accounts is that the former comes with tight spreads starting from 0.0 pips and variable commissions, while the latter offers commission-free trading and spreads starting from 0.7 pips. Both trading accounts give access to all the assets that are available to trade from Arum Capital.

ECN Standard

This account has narrow spreads from just 0.0 pips with a variable commission fee. There is a $500 minimum deposit to get started.

ECN Classic

This account has spreads from 0.7 pips which arent the lowest but there is no commission fee. The minimum deposit is also $500.

VIP Account

If you trade 200 lots per month or more, you can get the VIP treatment. The VIP benefits include a personal manager, training and workshops, improved solutions for money transfers, free VPS, and more.

Payment Methods

ARUM Capital offers payment methods like bank transfer, credit card, Qiwi Wallet, Skrill, and Neteller. There is no deposit fee if you use bank transfer but when you want to withdraw money to your account, they charge you, as well as when using Qiwi, Skrill, Neteller or credit card.

For depositing funds via MasterCard and Visa, there is a service fee and a commission.

The same service fee applies for Neteller and Skrill transactions, and service fees are charged for withdrawals via certain methods.

Deposit Method	Service Fee
Bank Wire Transfer	No
Visa	3.5%
Skill	3.5%
Neteller	3.5%
Qiwi Wallet	6%

The mininum deposit of ARUM Capital is $500 and the processing time may takes 1-5 business days.

Deposit Method	Minimum Deposit	Processing Time
Bank Wire Transfer	$500	1-5 business days
Credit/Debit Cards	$500	Instant
Skrill	$500	Instant
Neteller	$500	Instant

Arum Capital facilitates easy and secure withdrawals, ensuring clients can access their funds promptly. To initiate a withdrawal, clients can simply log in to their accounts and follow the withdrawal process. The withdrawal methods offered by Arum Capital are the same as the deposit methods, providing flexibility and convenience.

Withdrawal Method	Minimum Withdrawal	Processing Time
Bank Wire Transfer	$100	1-5 business days
Credit/Debit Cards	$10	3-5 business days
Skrill	$10	1-2 business days
Neteller	$10	1-2 business days

Is ARUM capital a Good Exchange for You？

Based on the features and services provided by ARUM Capital, the exchange may be suitable for the following trading groups:

1. Beginner Traders: ARUM Capital is regulated by the Cyprus Securities and Exchange Commission (CySEC) may attract investors who prioritize regulatory compliance and seek a certain level of trust and security in their trading activities.

2. Experienced Traders: The availability of multiple cryptocurrencies for trading on ARUM Capital's platform makes it appealing to experienced traders looking to diversify their investment portfolio. With a wide range of cryptocurrencies such as Bitcoin, Ethereum, Litecoin, and Ripple, experienced traders can take advantage of different market opportunities and potentially generate higher returns. But the $500 deposit limit is very high, and spreads and commissions are not that attractive.

Conclusion

In conclusion, ARUM Capital is a regulated virtual currency exchange based in the United Kingdom. It offers a wide range of cryptocurrencies for trading and provides customer support through email and phone. However, there are certain disadvantages to consider, such as the varying fees and limited payment methods. It is essential for users to carefully evaluate these drawbacks along with the advantages, such as regulatory compliance and the opportunity to diversify their investment portfolio, before deciding to use ARUM Capital as their preferred exchange.

FAQs

Q: What cryptocurrencies can I trade on ARUM Capital？

A: ARUM Capital offers a wide range of cryptocurrencies for trading, including popular options like Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), and many others.

Q: What payment methods are accepted by ARUM Capital？

A: ARUM Capital accepts payments through bank transfer and debit/credit cards. However, it is important to note that alternative payment methods such as e-wallets or cryptocurrencies are currently not supported.

Q: Is ARUM Capital regulated？

A: Yes, ARUM Capital is regulated by the Cyprus Securities and Exchange Commission (CySEC).

Q: Can I trade on ARUM Capital if I'm located outside the United Kingdom and Europe？

A: Yes, traders from outside the United Kingdom and Europe can also trade on ARUM Capital, as the exchange caters to a global audience. However, it is important to check if there are any regional restrictions or limitations based on local regulations.

Q: What is the registration process for ARUM Capital？

A: The registration process involves visiting the ARUM Capital website, providing necessary information, agreeing to the terms and conditions, verifying your email address, completing the KYC verification process, and depositing funds to start trading.

User Review

User 1: I've been using ARUM Capital for a few months now and I must say, I'm impressed with their security measures. They prioritize the protection of user funds and have encryption protocols in place to prevent unauthorized access. The interface is user-friendly and easy to navigate, which makes trading a breeze. The only downside is the limited selection of cryptocurrencies available for trading, but overall, I feel safe and confident trading on ARUM Capital.

User 2: ARUM Capital has been a reliable exchange for me. I appreciate their regulatory compliance and the fact that they are regulated by the FCA and CySEC. This gives me peace of mind knowing that my funds are secure. The customer support team is responsive and helpful, which is a huge plus. However, I do find the trading fees to be a bit on the higher side compared to other exchanges. Nevertheless, the interface is clean and intuitive, and the deposit and withdrawal speeds are fairly quick. Overall, I've had a positive experience trading on ARUM Capital.

Risk Warning

Cryptocurrency exchange investments come with inherent security risks. It is important to be aware of these risks before engaging in such investments. Cryptocurrency exchanges are susceptible to hacking, fraud, and technical glitches, which can result in the loss of funds. It is recommended to choose reputable and regulated exchanges, stay updated on security measures, and be vigilant in detecting and reporting any suspicious activities. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.