Arean Global X is an online trading platform that offers a diversified range of financial trading products, including stocks, foreign exchange, cryptocurrencies, and more. The company's registration information is unclear, and it lacks regulatory information. The official website of Arean Global X is: https://areanglobalx.com/
Background and Regulatory Information of Arean Global X:
Arean Global X claims to be regulated by the FCA, but in reality, it is not regulated by any financial institution. The company's registration details are unclear, and its website does not disclose specific registration information. The domain registration date for Arean Global X's official website is April 10, 2024, which is less than a month from the publication date of April 22, 2024.
Account Opening Process of Arean Global X:
Choose an account and fill out the quick and secure application form at Arean Global X. Verification is swiftly completed through Arean Global X's digital onboarding system. Traders can use various funding methods to open a trading account. Once the account is opened, trading can begin on the trader's live account immediately.
Account Types Offered by Arean Global X:
Arean Global X offers various account types:
- AI Account: Minimum deposit is $10, spread is 2.0 pips, minimum trade size is 0.01 lots, no commission, leverage up to 1:500.
- RAW ECN Account: Minimum deposit is $500, spread is 2.5 pips, minimum trade size is 0.01 lots, no commission, leverage up to 1:500.
- STANDARD Account: Minimum deposit is $5,000, spread is 1.8 pips, minimum trade size is 0.01 lots, no commission, leverage up to 1:500.
- PRO ECN Account: Minimum deposit is $10,000, spread is 1.5 pips, minimum trade size is 0.01 lots, no commission, leverage up to 1:500.
Trading Platform of Arean Global X:
The trading platform provided by Arean Global X is MT5.
Trading Products of Arean Global X:
Arean Global X offers a wide range of financial instruments for trading, including indices, commodities, metals, cryptocurrencies, bonds, foreign exchange, and stocks, but the website does not provide much information about these products.
Funding and Withdrawal Methods of Arean Global X:
The cutoff time for withdrawal requests at Arean Global X is 12:00 AEST/AEDT. Withdrawal requests submitted before this time will be processed on the same day; those submitted after will be processed on the next business day.
Arean Global X does not charge additional fees for deposits and/or withdrawals, but some banking institutions may impose additional fees, for which Arean Global X holds no responsibility.
International bank transfers at Arean Global X may take up to 14 days and may incur additional intermediary and/or beneficiary fees. Credit/debit card withdrawals are free of charge but may take 3-5 business days to appear on your credit card. In some cases, it might take up to 10 business days, depending on the bank.
If the withdrawal amount exceeds the amount deposited by credit/debit card, you will need to use an alternative deposit method or bank wire option.
Withdrawals via Paypal/Neteller/Skrill must be made to the same account from which the funds were originally sent, and transactions are free and instant.
Customer Support at Arean Global X:
Email: support@areanglobalx.com
Phone: +447828456994
Conclusion:
Arean Global X lacks regulation, and investors should consider the risks associated with trading on the platform with caution. Furthermore, although Arean Global X offers various deposit methods and comprehensive customer support, investors should carry out thorough investigations and risk assessments before opening accounts and trading, to ensure the safety of their funds. Currently, Arean Global X is listed as "Non-Regulation" on TraderKnows.
