ArgusFX Review: Regulation, Spreads & Leverage
ECN /STD broker based in Cyprus with MetaTrader 4, a $100 minimum deposit and leverage up to 1:500.
- ECN /STD
- 1:500 Leverage
Your money is at risk
In this ArgusFX review
ArgusFX overview: what kind of broker is it?
ArgusFX is an ECN /STD forex and CFD broker based in Cyprus, founded in 2014. CySEC, under CIF License Number 010/0.
Traders get MetaTrader 4, spreads from 0.1 pips, leverage up to 1:500 and a low $100 minimum deposit. New clients can also check the current Yes.
ArgusFX broker specifications
Company and regulation
| Broker | ArgusFX |
|---|---|
| Regulated by | CySEC, under CIF License Number 010/0 |
| Type of broker | ECN /STD |
| Country | Cyprus |
| Foundation year | 2014 |
| Website | Visit ArgusFX website |
| Website languages | English, Chinese and More |
Trading conditions
| Minimum deposit | $100 |
|---|---|
| Maximum leverage | 1:500 |
| Minimum spreads | 0.1 pips |
| Base currencies | USD, EUR & More |
| Tradable instruments | — |
| Hedging / scalping | Allowed |
| News trading | Allowed |
| Trading in public | No |
Bonus and promotions
| Current promotion | Yes |
|---|---|
| Welcome bonus | Yes |
| Standard no deposit bonus | No |
Contact details
| Telephone | support@argusfx.com |
|---|---|
| +357 22717060 | |
| Fax | Not available |
| Head office | 25 Demosthenes Severi, Nicosia, Cyprus |
ArgusFX bonus
ArgusFX promotes a Yes for new traders. It is a simple way to test the broker's MT4 execution, spreads and withdrawal process before you add more of your own money.
How to claim the ArgusFX bonus
- Open a live account through the Visit Broker button.
- Verify your email, phone number and identity (KYC).
- Request the bonus from your client area or from support.
- Trade the required volume, then withdraw your eligible profit.
Bonus terms (required lots, time limit and withdrawal rules) can change at any time. Always read the latest conditions on the ArgusFX website before you claim.
ArgusFX pros and cons
Pros
- Regulated: CySEC, under CIF License Number 010/0
- Yes for new traders
- Low $100 minimum deposit
- Spreads from 0.1 pips, ECN /STD execution
- MetaTrader 4 on every device
- Islamic, mini, VIP and managed accounts
- 7 deposit and withdrawal methods
Cons
- Bonus comes with trading-volume rules
ArgusFX account types
ArgusFX offers several account options so beginners and experienced traders can both find a fit. All live accounts start from a $100 deposit.
| Free demo account | Yes – practise with virtual money |
|---|---|
| Mini account | Yes – smaller trade sizes for beginners |
| VIP account | Yes – for high-volume traders |
| Islamic (swap-free) | Yes – no overnight swap charges |
| Managed account | Yes |
| Segregated client funds | Yes |
ArgusFX trading platforms
ArgusFX runs on MetaTrader 4, which gives you advanced charts, more timeframes, an economic calendar and support for expert advisors. Web trading and mobile trading are both available.
ArgusFX deposit and withdrawal methods
The same 7 methods work for both funding and withdrawals, which makes cash-outs simpler because you can usually withdraw the way you deposited.
Banks and cards
E-wallets
Is ArgusFX safe and legit?
ArgusFX is a regulated broker. CySEC, under CIF License Number 010/0. The broker says client money is kept in segregated accounts, separate from company funds.
Our verdict on safety
ArgusFX is a legitimate licensed broker. Start small, test a withdrawal early and use sensible leverage.
Who should choose ArgusFX?
Good fit for
- Traders who want MT4 and raw spreads
- Bonus hunters testing a new broker
- Muslim traders needing swap-free accounts
- Scalpers, hedgers and news traders
Think twice if
ArgusFX FAQ
Is ArgusFX regulated?
Yes. CySEC, under CIF License Number 010/0.
What is the ArgusFX minimum deposit?
The minimum deposit to open a live ArgusFX account is $100.
Does ArgusFX offer a bonus?
ArgusFX currently promotes a Yes for new traders. Bonus credit normally has trading-volume and withdrawal conditions, so read the latest terms on the broker's website before claiming.
What is the maximum leverage at ArgusFX?
Leverage goes up to 1:500. High leverage increases both potential profit and potential loss, so most traders use far less.
Which trading platform does ArgusFX use?
ArgusFX uses MetaTrader4 (MT4).
Does ArgusFX offer Islamic swap-free accounts?
Yes. Islamic swap-free accounts are available, along with mini, VIP and VIP accounts.
How can I deposit and withdraw at ArgusFX?
You can use Visa, Mastercard, China Union Pay, Neteller, Skrill, Bank Wire and Webmoney.