Broker-scammer Arum Capital: detailed review and feedback from deceived clients
**Arum Capital Scam Broker: Objective Review and Customer Feedback Analysis**
Financial company Arum Capital is a relatively new player in the market. It positions itself as a reliable intermediary with attractive trading conditions and guaranteed fund security. However, online trader reviews suggest otherwise. Arum Capital is often accused of fraud and payment delays. Many consider the arumcapital.eu project to be a typical scam aimed at attracting funds. Let’s take a closer look at the company’s operational strategy.
About Arum Capital
The company behind arumcapital.eu is ArumPro Capital Ltd, registered in Cyprus. Some doubts arise regarding the relative weakness of financial control in this country. The Arum Capital project targets residents of Russia and other CIS countries, although the actual office is located in Limassol. The broker’s website is available in English and Russian, which may create a false impression of its European origin. However, Arum Capital is rarely mentioned on English-language resources.
The Arum Capital website features a simple design and basic content, lacking an educational section. The initial impression may leave something to be desired, especially for experienced traders. The presence of links to social networks does not compensate for the lack of marketing efforts by the company.
Legal Aspects
The Arum Capital administration claims to have a license from the Cypriot regulator CySEC, but there is no documentary evidence to support this. There is also no official permission from the Central Bank of Russia to conduct brokerage activities. Therefore, Arum Capital’s operations in Russia are illegal, posing additional risks to investors.
Arum Capital Broker Trading Conditions
Arum Capital offers the opportunity to trade currency pairs through the MetaTrader 5 terminal. The minimum initial deposit is $500, which may be high for beginners. The company does not charge fees for depositing and withdrawing funds but warns of possible bank and payment system fees.
Bank transfers, MasterCard/Visa cards, as well as Skrill, QIWI, and NETELLER e-wallets can be used for depositing and withdrawing funds. Arum Capital offers two types of trading accounts with different conditions, but customer complaints about delays and lack of transparency in operations may raise doubts.
Arum Capital Client Agreement
The Arum Capital client agreement grants the company broad powers and shifts responsibility to clients. The broker reserves the right to make changes to trading conditions without prior notice. Such terms may be unattractive to investors whose interests remain inadequately protected.
Trader Reviews of Arum Capital
Client reviews of Arum Capital are mostly negative, citing issues with fund withdrawals, spread manipulation, and technical problems with trading platforms. These reviews raise questions about the reliability and transparency of the company’s operations.
Review Summary
Arum Capital broker raises certain doubts, especially in light of negative reviews and legal inconsistencies. Caution is recommended when considering this intermediary for trading. It is preferable to focus on other companies with more transparent conditions and customer feedback.
Author: Irina Vladimirova