ARC Market is a relatively new trading platform with its official domain established on January 31, 2023. Although the platform claims to offer various financial products, including forex and cryptocurrency trading, and states that its headquarters are in the UK, no relevant information about it was found in the UK government registration database. Additionally, ARC Market claims to be regulated by the Financial Conduct Authority (FCA) in the UK, but there is no company name related to this platform in the FCA database.
Background of ARC Market:
The domain of ARC Market's official website was established on January 31, 2023. The platform claims its operating address is 130 Old Street, London, England, EC1V. However, our search did not find any relevant information about this company in the UK government registration database. This indicates that ARC Market might not be formally registered or operating at the claimed address. This lack of transparency poses significant risks to investors. Investors are advised to thoroughly verify the legality and compliance of this platform before trading.
Regulatory Information of ARC Market:
ARC Market claims to offer trading services in forex and cryptocurrencies, headquartered in the UK, asserting to have a legitimate business model. However, the platform does not disclose its company name or any regulatory information, making it impossible for users to verify its legitimacy. The platform states it is regulated by the Financial Conduct Authority (FCA) in the UK, but our search found no company name related to ARC Market in the FCA database. This confirms that ARC Market is an unregulated platform, and investors should exercise caution to avoid depositing money.
Account Registration Process of ARC Market:
- Visit the ARC Market website and click on the registration button.
- Fill out the application form.
- Submit identity verification/phone number verification documents.
- Deposit funds and start trading.
Account Types of ARC Market:
The ARC Market official website does not provide specific information about its account types. Currently, it is unknown whether ARC Market offers different types of trading accounts to meet the needs of various investors.
Trading Software of ARC Market:
ARC Market has not yet disclosed detailed information about its trading software, which raises concerns among investors regarding its technical support and trading tools. The choice of trading software is directly related to the smoothness and security of trading. Therefore, investors should be cautious when choosing a trading platform and prioritize those that provide transparent information and well-known trading software to ensure the safety of funds and smooth trading.
Trading Products of ARC Market:
The ARC Market platform offers trading services for various financial products, meeting the needs of different types of investors. Below is a detailed introduction to the main trading products of ARC Market:
Forex Trading: ARC Market supports the trading of a wide range of forex currency pairs, including major pairs (such as EUR/USD, USD/JPY), minor pairs, and emerging market currency pairs. Investors can participate in the global forex market through forex trading and profit from exchange rate fluctuations.
Binance Trading: ARC Market also offers Binance trading services, allowing investors to trade various cryptocurrencies. Binance is one of the world's leading cryptocurrency trading platforms, providing a wide range of digital assets for trading, including Bitcoin, Ethereum, Litecoin, and Ripple. Through ARC Market, investors can leverage Binance’s liquidity and extensive trading pairs to engage in diversified cryptocurrency investments and trading.
By providing these diversified trading products, ARC Market aims to meet the needs of different types of investors. Whether novice or experienced traders, everyone can find suitable investment opportunities and trading tools on the platform.
What are the Spreads, Leverage, and Commissions of ARC Market?
The ARC Market website does not provide detailed information about spreads, trading leverage, trading commissions, minimum/maximum trade size, maximum position/order size, margin call/stop out levels, minimum price increment, or contract size.
Deposit and Withdrawal Methods of ARC Market:
ARC Market does not specifically describe the deposit and withdrawal methods on its official website. Typically, traders may use various common payment methods for deposits and withdrawals, including bank transfer, credit card, and e-wallets.
Customer Support of ARC Market:
Email: info@arcmarket.capital
Conclusion:
ARC Market has significant deficiencies and lacks transparency in terms of company registration and regulatory information, posing great risks to investors. Although the platform claims to offer various trading products and services, investors should thoroughly verify the platform's legality and compliance before conducting financial transactions to ensure the safety of their funds. ARC Market is listed as "suspicious of fraud" on TraderKnows.
