Argofx Global is a CFD broker based in Seychelles, primarily offering trading services in forex and commodities, along with copy trading services. The company's official website is https://global.argofx.com/en/, and it supports multiple languages, including English, Chinese, Vietnamese, Indonesian, Spanish, and Portuguese.
Company Background:
Argofx Global is operated by Swilt Group Limited, and details of its office address and operating regions are publicly available. The domain name for Argofx Global is argofx.com, and according to a whois query, the domain was registered on June 3, 2016.
Regulatory Status:
Argofx Global is not regulated by any financial regulatory authority. Unregulated brokers may carry higher risks. Regulated brokers typically have to comply with a set of regulations, including capital adequacy requirements, client fund segregation, and transparent trade execution, to ensure fairness and transparency in the market.
Market Instruments:
- Forex Contracts for Difference (CFDs): Forex CFDs are financial derivatives. The forex market is one of the world's largest financial markets, involving the buying and selling of different countries' currencies. Investors can access the forex market for trading through Argofx Global.
- Crude Oil Contracts for Difference (CFDs): Commodities are significant drivers of the global market. Investors can trade based on the price fluctuations in the crude oil market without the need to physically buy or hold crude oil.
- Precious Metals Contracts for Difference (CFDs): Precious metals CFDs are financial derivatives that allow investors to trade based on the future price movements of metals like gold and silver without the need to physically own these metals.
Trading Platform:
The broker does not provide information about its trading platform.
Customer Support:
Users can contact the company by calling +44(0)203 637 9705 or by sending an email to support@argofx.com for further assistance. If you wish to inquire about all media-related information concerning ArgoFX Limited or the ArgoFX Group, you can send an email to media@argofx.com.
Summary:
Argofx Global is a forex CFD broker offering forex, oil, and precious metals trading, as well as copy trading services. Since the registration of its website domain in 2016, the website has lacked transparency and critical information such as the trading platform. The broker is not regulated by any financial authority and is currently listed as "suspected fraud" on TraderKnows. Investors are advised to exercise caution and protect their personal financial assets.
